Shanghai Net Income From Continuing Ops vs Depreciation And Amortization Analysis

601825 Stock   8.32  0.10  1.22%   
Shanghai Rural financial indicator trend analysis is much more than just breaking down Shanghai Rural Commercial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Rural Commercial is a good investment. Please check the relationship between Shanghai Rural Net Income From Continuing Ops and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Rural Commercial. 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.

Net Income From Continuing Ops vs Depreciation And Amortization

Net Income From Continuing Ops vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Rural Commercial Net Income From Continuing Ops account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shanghai Rural's Net Income From Continuing Ops and Depreciation And Amortization is 0.66. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Shanghai Rural Commercial, assuming nothing else is changed. The correlation between historical values of Shanghai Rural's Net Income From Continuing Ops and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Shanghai Rural Commercial are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income From Continuing Ops i.e., Shanghai Rural's Net Income From Continuing Ops and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Shanghai Rural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Rural Commercial 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 Rural Commercial. 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 30, 2024, Selling General Administrative is expected to decline to about 5.3 B. In addition to that, Tax Provision is expected to decline to about 2.2 B
 2021 2023 2024 (projected)
EBITDA34.4B39.5B41.5B
Total Revenue24.0B26.2B16.0B

Shanghai Rural fundamental ratios Correlations

0.990.56-0.211.00.860.771.00.920.860.850.991.0-0.670.820.950.860.780.760.69
0.990.55-0.120.990.820.710.990.880.830.861.00.99-0.690.820.950.880.810.80.72
0.560.55-0.180.570.70.480.570.430.70.40.550.56-0.210.590.40.320.270.250.11
-0.21-0.12-0.18-0.16-0.45-0.61-0.23-0.52-0.39-0.15-0.1-0.22-0.06-0.25-0.030.20.160.130.11
1.00.990.57-0.160.860.750.990.90.860.840.991.0-0.660.830.950.860.770.750.68
0.860.820.7-0.450.860.730.880.830.960.650.810.87-0.560.680.70.560.520.510.48
0.770.710.48-0.610.750.730.780.920.730.70.690.78-0.140.850.730.50.410.360.18
1.00.990.57-0.230.990.880.780.930.880.840.981.0-0.660.830.950.840.750.740.66
0.920.880.43-0.520.90.830.920.930.820.790.860.92-0.520.810.870.680.60.590.53
0.860.830.7-0.390.860.960.730.880.820.650.810.87-0.520.670.730.590.530.520.47
0.850.860.4-0.150.840.650.70.840.790.650.870.85-0.540.830.830.870.890.90.5
0.991.00.55-0.10.990.810.690.980.860.810.870.98-0.70.80.940.890.810.820.73
1.00.990.56-0.221.00.870.781.00.920.870.850.98-0.660.820.950.850.770.760.69
-0.67-0.69-0.21-0.06-0.66-0.56-0.14-0.66-0.52-0.52-0.54-0.7-0.66-0.27-0.61-0.66-0.7-0.75-0.87
0.820.820.59-0.250.830.680.850.830.810.670.830.80.82-0.270.810.670.620.580.24
0.950.950.4-0.030.950.70.730.950.870.730.830.940.95-0.610.810.910.780.750.66
0.860.880.320.20.860.560.50.840.680.590.870.890.85-0.660.670.910.920.90.7
0.780.810.270.160.770.520.410.750.60.530.890.810.77-0.70.620.780.920.960.67
0.760.80.250.130.750.510.360.740.590.520.90.820.76-0.750.580.750.90.960.71
0.690.720.110.110.680.480.180.660.530.470.50.730.69-0.870.240.660.70.670.71
Click cells to compare fundamentals

Shanghai Rural Account Relationship Matchups

Shanghai Rural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets929.9B1.1T1.2T1.3T1.4T1.5T
Total Stockholder Equity71.1B77.2B93.8B101.8B112.4B118.0B
Property Plant And Equipment Net6.2B6.4B7.2B7.1B6.8B5.6B
Net Debt(93.8B)(53.4B)(18.0B)(31.6B)(28.4B)(29.8B)
Retained Earnings24.9B27.7B29.8B33.3B36.3B38.1B
Cash133.3B148.1B152.4B153.9B140.9B82.2B
Other Assets833.7B929.9B1.1T1.2T1.3T1.4T
Cash And Short Term Investments138.4B133.3B148.1B152.4B175.3B184.0B
Liabilities And Stockholders Equity832.5B926.9B1.1T1.2T1.3T1.4T
Other Stockholder Equity34.4B37.5B40.9B54.3B62.5B65.6B
Total Liab855.7B976.5B1.1T1.2T1.3T1.3T
Short Long Term Debt Total44.6B79.9B130.1B120.8B139.0B145.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Rural Commercial at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Rural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Rural 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.