Shanghai Net Receivables vs Cash Analysis

603633 Stock

8.24 0.05 0.61%

Shanghai Laimu financial indicator trend analysis is much more than just breaking down Shanghai Laimu Elect prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Laimu Elect is a good investment. Please check the relationship between Shanghai Laimu Net Receivables and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Laimu Electronics. 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 Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Laimu Elect Net Receivables account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shanghai Laimu's Net Receivables and Cash is 0.77. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Shanghai Laimu Electronics, assuming nothing else is changed. The correlation between historical values of Shanghai Laimu's Net Receivables and Cash 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 Receivables of Shanghai Laimu Electronics are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Shanghai Laimu's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Net Receivables

Cash

Cash refers to the most liquid asset of Shanghai Laimu Elect, which is listed under current asset account on Shanghai Laimu Electronics balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shanghai Laimu customers. The amounts must be unrestricted with restricted cash listed in a different Shanghai Laimu account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Shanghai Laimu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Laimu Elect 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 Laimu Electronics. 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.

The current year's Selling General Administrative is expected to grow to about 26 M. The current year's Tax Provision is expected to grow to about 4.3 M

	2021	2022	2023	2024 (projected)
Operating Income	85.2M	110.2M	123.1M	78.7M
Total Revenue	685.5M	930.6M	1.1B	1.1B

Operating Income Total Revenue

Shanghai Laimu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other
Total Assets		0.38	0.99	1.0	0.66	0.81	0.99	0.89	0.74	0.7	0.86	0.99	-0.21	0.99	0.74	0.77	0.96	0.85	0.54	0.89	0.89	0.72	0.91	-0.75	0.77	-0.66
Other Current Liab	0.38		0.34	0.32	0.07	-0.08	0.38	0.36	0.03	0.88	0.09	0.4	-0.56	0.47	0.31	-0.05	0.21	0.03	-0.1	0.07	0.23	-0.15	0.23	-0.3	0.84	-0.26
Total Current Liabilities	0.99	0.34		0.99	0.68	0.85	0.99	0.84	0.78	0.68	0.87	1.0	-0.13	0.99	0.76	0.81	0.98	0.87	0.6	0.91	0.88	0.75	0.92	-0.75	0.74	-0.64
Total Stockholder Equity	1.0	0.32	0.99		0.67	0.83	0.98	0.91	0.75	0.65	0.88	0.99	-0.22	0.97	0.72	0.78	0.95	0.86	0.52	0.9	0.91	0.73	0.91	-0.75	0.72	-0.67
Other Liab	0.66	0.07	0.68	0.67		0.71	0.73	0.49	0.77	0.21	0.73	0.68	-0.09	0.63	0.64	0.83	0.7	0.83	0.28	0.73	0.74	0.56	0.83	-0.89	0.29	-0.79
Retained Earnings	0.81	-0.08	0.85	0.83	0.71		0.8	0.64	0.85	0.31	0.93	0.82	0.23	0.78	0.81	0.93	0.91	0.95	0.68	0.95	0.84	0.93	0.87	-0.58	0.38	-0.5
Accounts Payable	0.99	0.38	0.99	0.98	0.73	0.8		0.84	0.77	0.68	0.85	0.99	-0.19	0.98	0.74	0.8	0.95	0.85	0.56	0.88	0.88	0.69	0.93	-0.8	0.74	-0.69
Cash	0.89	0.36	0.84	0.91	0.49	0.64	0.84		0.53	0.63	0.77	0.86	-0.45	0.85	0.57	0.56	0.75	0.67	0.28	0.75	0.86	0.55	0.76	-0.62	0.71	-0.6
Other Assets	0.74	0.03	0.78	0.75	0.77	0.85	0.77	0.53		0.32	0.9	0.76	0.07	0.73	0.69	0.96	0.82	0.91	0.66	0.91	0.84	0.82	0.92	-0.63	0.36	-0.5
Long Term Debt	0.7	0.88	0.68	0.65	0.21	0.31	0.68	0.63	0.32		0.44	0.71	-0.39	0.77	0.59	0.28	0.57	0.36	0.29	0.43	0.53	0.25	0.53	-0.39	0.99	-0.31
Net Receivables	0.86	0.09	0.87	0.88	0.73	0.93	0.85	0.77	0.9	0.44		0.85	-0.02	0.83	0.84	0.92	0.87	0.93	0.61	0.96	0.97	0.86	0.95	-0.6	0.51	-0.52
Inventory	0.99	0.4	1.0	0.99	0.68	0.82	0.99	0.86	0.76	0.71	0.85		-0.2	0.99	0.76	0.78	0.96	0.85	0.54	0.89	0.88	0.7	0.91	-0.76	0.77	-0.66
Other Current Assets	-0.21	-0.56	-0.13	-0.22	-0.09	0.23	-0.19	-0.45	0.07	-0.39	-0.02	-0.2		-0.2	0.06	0.17	0.04	0.09	0.57	0.02	-0.26	0.39	-0.15	0.37	-0.39	0.38
Total Liab	0.99	0.47	0.99	0.97	0.63	0.78	0.98	0.85	0.73	0.77	0.83	0.99	-0.2		0.76	0.75	0.95	0.82	0.57	0.86	0.86	0.69	0.89	-0.72	0.83	-0.62
Intangible Assets	0.74	0.31	0.76	0.72	0.64	0.81	0.74	0.57	0.69	0.59	0.84	0.76	0.06	0.76		0.76	0.75	0.76	0.5	0.76	0.79	0.67	0.8	-0.5	0.64	-0.38
Common Stock	0.77	-0.05	0.81	0.78	0.83	0.93	0.8	0.56	0.96	0.28	0.92	0.78	0.17	0.75	0.76		0.87	0.97	0.69	0.95	0.85	0.89	0.93	-0.67	0.34	-0.53
Property Plant Equipment	0.96	0.21	0.98	0.95	0.7	0.91	0.95	0.75	0.82	0.57	0.87	0.96	0.04	0.95	0.75	0.87		0.92	0.68	0.93	0.84	0.84	0.9	-0.72	0.63	-0.61
Net Tangible Assets	0.85	0.03	0.87	0.86	0.83	0.95	0.85	0.67	0.91	0.36	0.93	0.85	0.09	0.82	0.76	0.97	0.92		0.63	0.97	0.89	0.91	0.94	-0.74	0.43	-0.65
Deferred Long Term Liab	0.54	-0.1	0.6	0.52	0.28	0.68	0.56	0.28	0.66	0.29	0.61	0.54	0.57	0.57	0.5	0.69	0.68	0.63		0.66	0.46	0.81	0.56	-0.13	0.32	0.01
Short Long Term Debt	0.89	0.07	0.91	0.9	0.73	0.95	0.88	0.75	0.91	0.43	0.96	0.89	0.02	0.86	0.76	0.95	0.93	0.97	0.66		0.93	0.91	0.95	-0.67	0.49	-0.57
Total Current Assets	0.89	0.23	0.88	0.91	0.74	0.84	0.88	0.86	0.84	0.53	0.97	0.88	-0.26	0.86	0.79	0.85	0.84	0.89	0.46	0.93		0.75	0.96	-0.69	0.6	-0.62
Short Term Debt	0.72	-0.15	0.75	0.73	0.56	0.93	0.69	0.55	0.82	0.25	0.86	0.7	0.39	0.69	0.67	0.89	0.84	0.91	0.81	0.91	0.75		0.78	-0.41	0.31	-0.36
Non Current Assets Total	0.91	0.23	0.92	0.91	0.83	0.87	0.93	0.76	0.92	0.53	0.95	0.91	-0.15	0.89	0.8	0.93	0.9	0.94	0.56	0.95	0.96	0.78		-0.78	0.59	-0.66
Non Currrent Assets Other	-0.75	-0.3	-0.75	-0.75	-0.89	-0.58	-0.8	-0.62	-0.63	-0.39	-0.6	-0.76	0.37	-0.72	-0.5	-0.67	-0.72	-0.74	-0.13	-0.67	-0.69	-0.41	-0.78		-0.46	0.92
Non Current Liabilities Total	0.77	0.84	0.74	0.72	0.29	0.38	0.74	0.71	0.36	0.99	0.51	0.77	-0.39	0.83	0.64	0.34	0.63	0.43	0.32	0.49	0.6	0.31	0.59	-0.46		-0.38
Non Current Liabilities Other	-0.66	-0.26	-0.64	-0.67	-0.79	-0.5	-0.69	-0.6	-0.5	-0.31	-0.52	-0.66	0.38	-0.62	-0.38	-0.53	-0.61	-0.65	0.01	-0.57	-0.62	-0.36	-0.66	0.92	-0.38

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Shanghai Laimu Account Relationship Matchups

Shanghai Laimu fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.8B	1.9B	2.9B	3.4B	3.5B
Other Current Liab	8.5M	7.0M	9.9M	63.0K	52.7M	55.3M
Total Current Liabilities	544.1M	681.7M	766.1M	967.1M	1.2B	1.2B
Total Stockholder Equity	760.5M	1.1B	1.1B	1.9B	1.9B	2.0B
Other Liab	5.9M	4.6M	18.0M	15.1M	17.4M	9.3M
Retained Earnings	442.5M	485.4M	546.5M	558.7M	618.4M	412.9M
Accounts Payable	154.9M	244.0M	225.6M	319.7M	364.4M	382.6M
Cash	49.8M	91.1M	71.5M	488.1M	425.4M	446.6M
Other Assets	14.5M	17.6M	19.6M	22.9M	26.4M	13.5M
Long Term Debt	43.1M	70.8M	16M	26.5M	235.6M	247.4M
Net Receivables	304.0M	303.2M	330.9M	492.7M	570.2M	286.5M
Inventory	292.1M	372.7M	461.8M	578.6M	718.5M	754.4M
Other Current Assets	34.1M	32.1M	21.1M	5.5M	7.9M	7.5M
Total Liab	619.6M	718.5M	786.1M	1.0B	1.5B	1.5B
Intangible Assets	28.5M	28.3M	27.2M	26.2M	51.5M	27.2M
Property Plant Equipment	545.2M	653.6M	768.5M	875.7M	1.0B	1.1B
Net Tangible Assets	709.9M	732.1M	1.1B	1.1B	1.2B	837.0M
Deferred Long Term Liab	11.1M	13.6M	10.5M	8.0M	9.2M	9.2M
Short Long Term Debt	333.0M	364.6M	490.4M	581.5M	639.4M	386.3M
Total Current Assets	680.0M	845.8M	916.2M	1.7B	1.9B	1.0B
Non Current Assets Total	700.1M	953.3M	975.7M	1.2B	1.5B	938.4M
Non Currrent Assets Other	700.1M	4.5M	9.8M	44.1M	21.8M	20.7M
Non Current Liabilities Total	75.5M	36.8M	20.0M	54.6M	290.9M	305.4M
Non Current Liabilities Other	22.3M	24.7M	62M	2.8M	2.5M	2.4M
Net Debt	345.2M	289.5M	418.8M	119.9M	449.6M	301.1M
Net Invested Capital	1.2B	1.5B	1.6B	2.5B	2.8B	1.8B
Net Working Capital	135.9M	164.1M	150.0M	685.8M	724.3M	363.3M

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

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Shanghai Net Receivables vs Cash Analysis

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

Correlation Coefficient

Net Receivables

Cash

Shanghai Laimu fundamental ratios Correlations

Shanghai Laimu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Laimu fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Inventory	+ 1.0	Total Current Liabilities
Total Current Liabilities	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Non Currrent Assets Other	- 0.89	Other Liab
Non Currrent Assets Other	- 0.8	Accounts Payable
Non Current Liabilities Other	- 0.79	Other Liab
Non Currrent Assets Other	- 0.78	Non Current Assets Total
Non Currrent Assets Other	- 0.76	Inventory
Non Currrent Assets Other	- 0.75	Total Stockholder Equity