Suzhou Other Current Liab vs Common Stock Shares Outstanding Analysis

603928 Stock   8.95  0.52  5.49%   
Suzhou Xingye financial indicator trend analysis is much more than just breaking down Suzhou Xingye Material prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Xingye Material is a good investment. Please check the relationship between Suzhou Xingye Other Current Liab and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Xingye Material. 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.

Other Current Liab vs Common Stock Shares Outstanding

Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Xingye Material Other Current Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Suzhou Xingye's Other Current Liab and Common Stock Shares Outstanding is -0.56. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Suzhou Xingye Material, assuming nothing else is changed. The correlation between historical values of Suzhou Xingye's Other Current Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Suzhou Xingye Material are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Suzhou Xingye's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Suzhou Xingye's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Xingye Material 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 Suzhou Xingye Material. 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 61.1 M. The current year's Tax Provision is expected to grow to about 15.5 M
 2021 2022 2023 2024 (projected)
Operating Income153.4M140.0M102.9M137.7M
Total Revenue2.0B1.8B1.5B1.3B

Suzhou Xingye fundamental ratios Correlations

-0.760.690.99-0.540.950.83-0.050.80.90.870.320.680.310.930.960.980.580.9-0.080.420.730.51-0.650.83-0.13
-0.76-0.46-0.770.61-0.64-0.47-0.26-0.68-0.57-0.55-0.24-0.46-0.49-0.85-0.71-0.8-0.46-0.73-0.06-0.4-0.45-0.560.62-0.670.28
0.69-0.460.56-0.050.50.56-0.160.470.640.650.281.00.120.480.580.60.580.640.140.710.760.47-0.350.72-0.05
0.99-0.770.56-0.60.970.82-0.020.810.890.850.30.550.330.950.960.980.530.88-0.120.320.660.48-0.670.78-0.14
-0.540.61-0.05-0.6-0.62-0.30.01-0.43-0.38-0.470.12-0.05-0.75-0.61-0.55-0.64-0.56-0.650.3-0.09-0.4-0.520.64-0.66-0.11
0.95-0.640.50.97-0.620.84-0.180.790.890.850.310.490.310.880.960.950.520.89-0.150.210.640.42-0.680.77-0.1
0.83-0.470.560.82-0.30.84-0.210.740.940.830.50.560.10.720.760.770.410.670.040.270.680.12-0.510.56-0.06
-0.05-0.26-0.16-0.020.01-0.18-0.21-0.01-0.27-0.27-0.12-0.160.010.16-0.18-0.03-0.07-0.270.08-0.07-0.21-0.010.2-0.210.02
0.8-0.680.470.81-0.430.790.74-0.010.780.570.730.460.270.790.830.780.310.790.430.20.360.32-0.730.57-0.56
0.9-0.570.640.89-0.380.890.94-0.270.780.830.470.630.190.790.870.850.480.810.020.390.690.27-0.670.69-0.18
0.87-0.550.650.85-0.470.850.83-0.270.570.830.110.640.330.780.80.860.580.76-0.320.360.780.47-0.490.740.1
0.32-0.240.280.30.120.310.5-0.120.730.470.110.27-0.180.260.40.24-0.190.350.8-0.07-0.07-0.24-0.450.04-0.73
0.68-0.461.00.55-0.050.490.56-0.160.460.630.640.270.120.470.570.590.580.640.140.720.760.47-0.350.72-0.04
0.31-0.490.120.33-0.750.310.10.010.270.190.33-0.180.120.470.310.460.720.52-0.180.110.30.75-0.650.560.04
0.93-0.850.480.95-0.610.880.720.160.790.790.780.260.470.470.890.960.520.83-0.110.230.530.55-0.690.7-0.22
0.96-0.710.580.96-0.550.960.76-0.180.830.870.80.40.570.310.890.950.470.94-0.030.250.560.49-0.750.79-0.29
0.98-0.80.60.98-0.640.950.77-0.030.780.850.860.240.590.460.960.950.630.92-0.150.330.680.59-0.720.84-0.12
0.58-0.460.580.53-0.560.520.41-0.070.310.480.58-0.190.580.720.520.470.630.65-0.220.540.810.78-0.520.850.35
0.9-0.730.640.88-0.650.890.67-0.270.790.810.760.350.640.520.830.940.920.650.020.350.630.64-0.850.9-0.25
-0.08-0.060.14-0.120.3-0.150.040.080.430.02-0.320.80.14-0.18-0.11-0.03-0.15-0.220.020.05-0.27-0.18-0.16-0.14-0.69
0.42-0.40.710.32-0.090.210.27-0.070.20.390.36-0.070.720.110.230.250.330.540.350.050.710.47-0.080.60.11
0.73-0.450.760.66-0.40.640.68-0.210.360.690.78-0.070.760.30.530.560.680.810.63-0.270.710.49-0.30.830.43
0.51-0.560.470.48-0.520.420.12-0.010.320.270.47-0.240.470.750.550.490.590.780.64-0.180.470.49-0.480.76-0.02
-0.650.62-0.35-0.670.64-0.68-0.510.2-0.73-0.67-0.49-0.45-0.35-0.65-0.69-0.75-0.72-0.52-0.85-0.16-0.08-0.3-0.48-0.650.43
0.83-0.670.720.78-0.660.770.56-0.210.570.690.740.040.720.560.70.790.840.850.9-0.140.60.830.76-0.650.09
-0.130.28-0.05-0.14-0.11-0.1-0.060.02-0.56-0.180.1-0.73-0.040.04-0.22-0.29-0.120.35-0.25-0.690.110.43-0.020.430.09
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Suzhou Xingye Account Relationship Matchups

Suzhou Xingye fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B1.9B2.0B1.8B1.4B
Other Current Liab7.1M3.2M14.0M164.3K143.6K136.5K
Total Current Liabilities202.2M224.6M350.3M499.0M294.2M268.8M
Total Stockholder Equity1.3B1.4B1.5B1.5B1.5B1.1B
Other Liab17.5M16.0M14.8M16.6M14.9M13.6M
Retained Earnings570.3M649.8M749.2M564.7M640.6M415.8M
Accounts Payable164.8M189.2M307.2M197.4M154.4M175.1M
Cash11.8M8.7M25.2M50.4M104.4M65.4M
Other Assets21.7M12.4M13.5M12.9M14.8M11.4M
Net Receivables670.8M551.5M770.7M684.6M574.4M586.8M
Inventory70.2M84.0M93.2M88.2M88.2M76.1M
Other Current Assets27.0M32.1M30.7M1.2M279.8K265.8K
Total Liab218.2M239.4M366.9M523.9M310.4M288.1M
Intangible Assets53.9M52.6M51.3M49.9M214.4M225.2M
Property Plant Equipment435.0M478.1M474.2M461.1M530.3M267.9M
Net Tangible Assets1.2B1.3B1.3B1.5B1.7B1.2B
Other Stockholder Equity4.0M672.3K565.9K23.8M27.4M28.7M
Non Current Assets Total596.3M591.8M603.0M668.8M763.9M606.7M
Non Currrent Assets Other2.5M3.0M2.6M4.1M2.9M3.3M
Non Current Liabilities Total16.0M14.8M16.6M25.0M16.2M19.3M
Total Current Assets942.8M1.0B1.3B1.3B1.1B1.2B
Net Invested Capital1.3B1.4B1.5B1.8B1.6B1.6B
Net Working Capital740.6M823.3M936.5M846.4M780.7M879.9M

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Other Information on Investing in Suzhou Stock

Balance Sheet is a snapshot of the financial position of Suzhou Xingye Material at a specified time, usually calculated after every quarter, six months, or one year. Suzhou Xingye Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Suzhou Xingye 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 Suzhou currently owns. An asset can also be divided into two categories, current and non-current.