Shanghai Change To Inventory vs Change To Liabilities Analysis

601727 Stock   8.49  0.35  3.96%   
Shanghai Electric financial indicator trend analysis is much more than just breaking down Shanghai Electric prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Electric is a good investment. Please check the relationship between Shanghai Electric Change To Inventory and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Electric Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Change To Inventory vs Change To Liabilities

Change To Inventory vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Electric Change To Inventory account and Change To Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shanghai Electric's Change To Inventory and Change To Liabilities is 0.75. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Shanghai Electric Group, assuming nothing else is changed. The correlation between historical values of Shanghai Electric's Change To Inventory and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Shanghai Electric Group are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Change To Inventory i.e., Shanghai Electric's Change To Inventory and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change To Liabilities

Most indicators from Shanghai Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Electric current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Electric Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 29, 2024, Selling General Administrative is expected to decline to about 5.1 B. In addition to that, Tax Provision is expected to decline to about 610 M
 2021 2022 2023 2024 (projected)
Gross Profit19.8B19.0B21.6B21.9B
Total Revenue131.4B117.6B114.8B118.2B

Shanghai Electric fundamental ratios Correlations

-0.430.990.890.950.750.280.99-0.930.950.830.00.940.610.730.68-0.910.990.950.910.930.990.960.910.870.98
-0.43-0.44-0.25-0.55-0.130.59-0.460.38-0.56-0.610.24-0.310.08-0.52-0.610.57-0.48-0.55-0.41-0.19-0.38-0.59-0.58-0.67-0.47
0.99-0.440.860.960.740.250.99-0.940.940.81-0.020.910.630.690.69-0.870.990.930.890.930.990.970.880.860.99
0.89-0.250.860.780.920.570.85-0.810.80.720.240.980.570.750.47-0.880.850.820.830.920.880.840.820.780.85
0.95-0.550.960.780.640.070.97-0.880.980.86-0.050.850.480.720.7-0.860.970.970.90.840.930.940.910.910.99
0.75-0.130.740.920.640.630.69-0.70.630.560.370.850.60.60.26-0.710.720.640.70.850.740.720.60.680.73
0.280.590.250.570.070.630.22-0.260.07-0.070.440.460.550.07-0.06-0.160.190.090.240.510.320.120.08-0.040.19
0.99-0.460.990.850.970.690.22-0.920.960.84-0.060.910.580.730.7-0.890.990.960.90.90.990.960.920.870.99
-0.930.38-0.94-0.81-0.88-0.7-0.26-0.92-0.82-0.65-0.07-0.81-0.55-0.61-0.70.79-0.92-0.82-0.74-0.89-0.94-0.91-0.75-0.74-0.9
0.95-0.560.940.80.980.630.070.96-0.820.94-0.030.890.420.770.66-0.920.961.00.950.820.910.930.960.950.97
0.83-0.610.810.720.860.56-0.070.84-0.650.940.030.820.210.760.49-0.910.860.940.920.720.770.870.940.950.85
0.00.24-0.020.24-0.050.370.44-0.06-0.07-0.030.030.13-0.24-0.2-0.1-0.03-0.02-0.020.170.3-0.030.04-0.06-0.02-0.03
0.94-0.310.910.980.850.850.460.91-0.810.890.820.130.560.790.52-0.930.910.90.920.910.910.880.90.850.9
0.610.080.630.570.480.60.550.58-0.550.420.21-0.240.560.250.36-0.350.580.420.440.620.670.50.330.320.57
0.73-0.520.690.750.720.60.070.73-0.610.770.76-0.20.790.250.36-0.880.720.790.660.540.690.70.850.850.74
0.68-0.610.690.470.70.26-0.060.7-0.70.660.49-0.10.520.360.36-0.60.690.650.590.550.680.680.620.530.65
-0.910.57-0.87-0.88-0.86-0.71-0.16-0.890.79-0.92-0.91-0.03-0.93-0.35-0.88-0.6-0.9-0.93-0.89-0.79-0.86-0.9-0.96-0.93-0.88
0.99-0.480.990.850.970.720.190.99-0.920.960.86-0.020.910.580.720.69-0.90.960.920.910.980.980.910.90.99
0.95-0.550.930.820.970.640.090.96-0.821.00.94-0.020.90.420.790.65-0.930.960.950.830.910.930.970.950.97
0.91-0.410.890.830.90.70.240.9-0.740.950.920.170.920.440.660.59-0.890.920.950.880.860.880.910.880.91
0.93-0.190.930.920.840.850.510.9-0.890.820.720.30.910.620.540.55-0.790.910.830.880.930.890.770.740.89
0.99-0.380.990.880.930.740.320.99-0.940.910.77-0.030.910.670.690.68-0.860.980.910.860.930.950.860.820.97
0.96-0.590.970.840.940.720.120.96-0.910.930.870.040.880.50.70.68-0.90.980.930.880.890.950.890.910.95
0.91-0.580.880.820.910.60.080.92-0.750.960.94-0.060.90.330.850.62-0.960.910.970.910.770.860.890.930.91
0.87-0.670.860.780.910.68-0.040.87-0.740.950.95-0.020.850.320.850.53-0.930.90.950.880.740.820.910.930.91
0.98-0.470.990.850.990.730.190.99-0.90.970.85-0.030.90.570.740.65-0.880.990.970.910.890.970.950.910.91
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Shanghai Electric Account Relationship Matchups

Shanghai Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets280.5B315.4B300.8B288.0B283.3B272.2B
Other Current Liab56.2B62.4B54.0B12.6B12.4B11.7B
Total Current Liabilities164.1B183.5B168.9B163.5B167.7B157.1B
Total Stockholder Equity63.3B66.4B58.1B54.9B52.8B60.2B
Other Liab6.0B6.4B6.4B6.8B7.9B5.1B
Net Tangible Assets51.8B52.7B41.2B39.0B44.8B48.4B
Retained Earnings28.5B32.3B21.1B17.3B11.7B17.9B
Accounts Payable66.4B77.9B77.9B73.5B71.7B64.1B
Cash21.5B24.2B25.4B26.3B30.2B25.9B
Other Assets19.4B24.2B25.8B29.3B33.7B22.0B
Long Term Debt19.9B17.9B26.3B22.4B31.6B22.1B
Net Receivables115.5B32.8B33.4B38.3B40.5B43.8B
Good Will3.6B4.7B4.0B3.3B3.2B3.2B
Short Term Investments7.0B44.1B7.6B7.7B7.5B10.1B
Inventory27.0B30.0B32.9B30.9B32.4B32.6B
Other Current Assets20.3B21.0B16.4B35.9B19.3B19.6B
Other Stockholder Equity(2.7M)94.6M8.2M(359.9M)(323.9M)(307.7M)
Total Liab188.9B208.6B202.7B193.8B206.3B184.0B
Deferred Long Term Liab410.6M516.7M563.6M649.5M746.9M458.8M
Short Long Term Debt16.7B15.6B11.8B8.7B9.3B9.4B
Total Current Assets199.2B227.9B209.8B201.2B191.8B194.8B
Intangible Assets8.0B9.1B13.0B12.6B12.3B9.7B
Common Stock15.2B15.2B15.7B15.6B17.9B16.1B
Property Plant Equipment25.0B28.2B26.4B25.1B28.9B22.7B
Non Current Assets Total81.3B87.5B91.0B86.9B91.4B82.7B
Non Currrent Assets Other(23.8B)38.7B13.4B13.4B13.8B9.3B
Non Current Liabilities Total24.9B25.1B33.8B30.3B38.6B28.9B
Non Current Liabilities Other1.4B2.1B3.2B3.8B3.1B1.9B
Common Stock Shares Outstanding15.2B15.2B15.7B15.6B17.9B16.8B
Net Invested Capital98.3B99.9B96.3B85.9B93.7B99.7B
Net Working Capital35.1B44.5B40.9B37.6B24.1B28.3B
Net Debt13.5B9.3B12.8B4.7B10.8B8.3B
Capital Stock15.2B15.2B15.7B15.6B17.9B16.9B

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Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Electric at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Electric and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shanghai currently owns. An asset can also be divided into two categories, current and non-current.