Suzhou Total Revenue vs Total Current Assets Analysis

603928 Stock

9.35 0.17 1.85%

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 Total Revenue and its Total Current Assets 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.

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Xingye Material Total Revenue account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Suzhou Xingye's Total Revenue and Total Current Assets is 0.82. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Current Assets 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 Total Revenue and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Suzhou Xingye Material are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Total Revenue i.e., Suzhou Xingye's Total Revenue and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Total Revenue

Total revenue comprises all receipts Suzhou Xingye Material generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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 Income	153.4M	140.0M	102.9M	137.7M
Total Revenue	2.0B	1.8B	1.5B	1.3B

Operating Income Total Revenue

Suzhou Xingye fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Total Current Assets	Common Stock Shares Outstanding	Short Term Investments	Net Invested Capital	Net Working Capital
Total Assets		-0.76	0.69	0.99	-0.54	0.95	0.83	-0.05	0.8	0.9	0.87	0.32	0.68	0.31	0.93	0.96	0.98	0.58	0.9	-0.08	0.42	0.73	0.51	-0.65	0.83	-0.13
Other Current Liab	-0.76		-0.46	-0.77	0.61	-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	-0.56	0.62	-0.67	0.28
Total Current Liabilities	0.69	-0.46		0.56	-0.05	0.5	0.56	-0.16	0.47	0.64	0.65	0.28	1.0	0.12	0.48	0.58	0.6	0.58	0.64	0.14	0.71	0.76	0.47	-0.35	0.72	-0.05
Total Stockholder Equity	0.99	-0.77	0.56		-0.6	0.97	0.82	-0.02	0.81	0.89	0.85	0.3	0.55	0.33	0.95	0.96	0.98	0.53	0.88	-0.12	0.32	0.66	0.48	-0.67	0.78	-0.14
Other Liab	-0.54	0.61	-0.05	-0.6		-0.62	-0.3	0.01	-0.43	-0.38	-0.47	0.12	-0.05	-0.75	-0.61	-0.55	-0.64	-0.56	-0.65	0.3	-0.09	-0.4	-0.52	0.64	-0.66	-0.11
Retained Earnings	0.95	-0.64	0.5	0.97	-0.62		0.84	-0.18	0.79	0.89	0.85	0.31	0.49	0.31	0.88	0.96	0.95	0.52	0.89	-0.15	0.21	0.64	0.42	-0.68	0.77	-0.1
Accounts Payable	0.83	-0.47	0.56	0.82	-0.3	0.84		-0.21	0.74	0.94	0.83	0.5	0.56	0.1	0.72	0.76	0.77	0.41	0.67	0.04	0.27	0.68	0.12	-0.51	0.56	-0.06
Cash	-0.05	-0.26	-0.16	-0.02	0.01	-0.18	-0.21		-0.01	-0.27	-0.27	-0.12	-0.16	0.01	0.16	-0.18	-0.03	-0.07	-0.27	0.08	-0.07	-0.21	-0.01	0.2	-0.21	0.02
Other Assets	0.8	-0.68	0.47	0.81	-0.43	0.79	0.74	-0.01		0.78	0.57	0.73	0.46	0.27	0.79	0.83	0.78	0.31	0.79	0.43	0.2	0.36	0.32	-0.73	0.57	-0.56
Net Receivables	0.9	-0.57	0.64	0.89	-0.38	0.89	0.94	-0.27	0.78		0.83	0.47	0.63	0.19	0.79	0.87	0.85	0.48	0.81	0.02	0.39	0.69	0.27	-0.67	0.69	-0.18
Inventory	0.87	-0.55	0.65	0.85	-0.47	0.85	0.83	-0.27	0.57	0.83		0.11	0.64	0.33	0.78	0.8	0.86	0.58	0.76	-0.32	0.36	0.78	0.47	-0.49	0.74	0.1
Other Current Assets	0.32	-0.24	0.28	0.3	0.12	0.31	0.5	-0.12	0.73	0.47	0.11		0.27	-0.18	0.26	0.4	0.24	-0.19	0.35	0.8	-0.07	-0.07	-0.24	-0.45	0.04	-0.73
Total Liab	0.68	-0.46	1.0	0.55	-0.05	0.49	0.56	-0.16	0.46	0.63	0.64	0.27		0.12	0.47	0.57	0.59	0.58	0.64	0.14	0.72	0.76	0.47	-0.35	0.72	-0.04
Intangible Assets	0.31	-0.49	0.12	0.33	-0.75	0.31	0.1	0.01	0.27	0.19	0.33	-0.18	0.12		0.47	0.31	0.46	0.72	0.52	-0.18	0.11	0.3	0.75	-0.65	0.56	0.04
Common Stock	0.93	-0.85	0.48	0.95	-0.61	0.88	0.72	0.16	0.79	0.79	0.78	0.26	0.47	0.47		0.89	0.96	0.52	0.83	-0.11	0.23	0.53	0.55	-0.69	0.7	-0.22
Property Plant Equipment	0.96	-0.71	0.58	0.96	-0.55	0.96	0.76	-0.18	0.83	0.87	0.8	0.4	0.57	0.31	0.89		0.95	0.47	0.94	-0.03	0.25	0.56	0.49	-0.75	0.79	-0.29
Net Tangible Assets	0.98	-0.8	0.6	0.98	-0.64	0.95	0.77	-0.03	0.78	0.85	0.86	0.24	0.59	0.46	0.96	0.95		0.63	0.92	-0.15	0.33	0.68	0.59	-0.72	0.84	-0.12
Other Stockholder Equity	0.58	-0.46	0.58	0.53	-0.56	0.52	0.41	-0.07	0.31	0.48	0.58	-0.19	0.58	0.72	0.52	0.47	0.63		0.65	-0.22	0.54	0.81	0.78	-0.52	0.85	0.35
Non Current Assets Total	0.9	-0.73	0.64	0.88	-0.65	0.89	0.67	-0.27	0.79	0.81	0.76	0.35	0.64	0.52	0.83	0.94	0.92	0.65		0.02	0.35	0.63	0.64	-0.85	0.9	-0.25
Non Currrent Assets Other	-0.08	-0.06	0.14	-0.12	0.3	-0.15	0.04	0.08	0.43	0.02	-0.32	0.8	0.14	-0.18	-0.11	-0.03	-0.15	-0.22	0.02		0.05	-0.27	-0.18	-0.16	-0.14	-0.69
Non Current Liabilities Total	0.42	-0.4	0.71	0.32	-0.09	0.21	0.27	-0.07	0.2	0.39	0.36	-0.07	0.72	0.11	0.23	0.25	0.33	0.54	0.35	0.05		0.71	0.47	-0.08	0.6	0.11
Total Current Assets	0.73	-0.45	0.76	0.66	-0.4	0.64	0.68	-0.21	0.36	0.69	0.78	-0.07	0.76	0.3	0.53	0.56	0.68	0.81	0.63	-0.27	0.71		0.49	-0.3	0.83	0.43
Common Stock Shares Outstanding	0.51	-0.56	0.47	0.48	-0.52	0.42	0.12	-0.01	0.32	0.27	0.47	-0.24	0.47	0.75	0.55	0.49	0.59	0.78	0.64	-0.18	0.47	0.49		-0.48	0.76	-0.02
Short Term Investments	-0.65	0.62	-0.35	-0.67	0.64	-0.68	-0.51	0.2	-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		-0.65	0.43
Net Invested Capital	0.83	-0.67	0.72	0.78	-0.66	0.77	0.56	-0.21	0.57	0.69	0.74	0.04	0.72	0.56	0.7	0.79	0.84	0.85	0.9	-0.14	0.6	0.83	0.76	-0.65		0.09
Net Working Capital	-0.13	0.28	-0.05	-0.14	-0.11	-0.1	-0.06	0.02	-0.56	-0.18	0.1	-0.73	-0.04	0.04	-0.22	-0.29	-0.12	0.35	-0.25	-0.69	0.11	0.43	-0.02	0.43	0.09

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Suzhou Xingye Account Relationship Matchups

Suzhou Xingye fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.6B	1.9B	2.0B	1.8B	1.4B
Other Current Liab	7.1M	3.2M	14.0M	164.3K	143.6K	136.5K
Total Current Liabilities	202.2M	224.6M	350.3M	499.0M	294.2M	268.8M
Total Stockholder Equity	1.3B	1.4B	1.5B	1.5B	1.5B	1.1B
Other Liab	17.5M	16.0M	14.8M	16.6M	14.9M	13.6M
Retained Earnings	570.3M	649.8M	749.2M	564.7M	640.6M	415.8M
Accounts Payable	164.8M	189.2M	307.2M	197.4M	154.4M	175.1M
Cash	11.8M	8.7M	25.2M	50.4M	104.4M	65.4M
Other Assets	21.7M	12.4M	13.5M	12.9M	14.8M	11.4M
Net Receivables	670.8M	551.5M	770.7M	684.6M	574.4M	586.8M
Inventory	70.2M	84.0M	93.2M	88.2M	88.2M	76.1M
Other Current Assets	27.0M	32.1M	30.7M	1.2M	279.8K	265.8K
Total Liab	218.2M	239.4M	366.9M	523.9M	310.4M	288.1M
Intangible Assets	53.9M	52.6M	51.3M	49.9M	214.4M	225.2M
Property Plant Equipment	435.0M	478.1M	474.2M	461.1M	530.3M	267.9M
Net Tangible Assets	1.2B	1.3B	1.3B	1.5B	1.7B	1.2B
Other Stockholder Equity	4.0M	672.3K	565.9K	23.8M	27.4M	28.7M
Non Current Assets Total	596.3M	591.8M	603.0M	668.8M	763.9M	606.7M
Non Currrent Assets Other	2.5M	3.0M	2.6M	4.1M	2.9M	3.3M
Non Current Liabilities Total	16.0M	14.8M	16.6M	25.0M	16.2M	19.3M
Total Current Assets	942.8M	1.0B	1.3B	1.3B	1.1B	1.2B
Net Invested Capital	1.3B	1.4B	1.5B	1.8B	1.6B	1.6B
Net Working Capital	740.6M	823.3M	936.5M	846.4M	780.7M	879.9M

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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.

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Suzhou Total Revenue vs Total Current Assets Analysis

Total Revenue vs Total Current Assets

Total Revenue vs Total Current Assets Correlation Analysis

Correlation Coefficient

Total Revenue

Total Current Assets

Suzhou Xingye fundamental ratios Correlations

Suzhou Xingye Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Suzhou Xingye fundamental ratios Accounts

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Other Information on Investing in Suzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.98	Total Assets
Net Tangible Assets	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.97	Total Stockholder Equity
Property Plant Equipment	+ 0.96	Total Assets

Short Term Investments	- 0.85	Non Current Assets Total
Common Stock	- 0.85	Other Current Liab
Net Tangible Assets	- 0.8	Other Current Liab
Total Stockholder Equity	- 0.77	Other Current Liab
Other Current Liab	- 0.76	Total Assets
Short Term Investments	- 0.75	Property Plant Equipment