Tianjin Total Current Assets vs Total Revenue Analysis

603969 Stock

5.89 0.07 1.20%

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

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Silvery Dragon Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Tianjin Silvery's Total Current Assets and Total Revenue is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Tianjin Silvery Dragon, assuming nothing else is changed. The correlation between historical values of Tianjin Silvery's Total Current Assets and Total Revenue 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 Current Assets of Tianjin Silvery Dragon are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., Tianjin Silvery's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Total Revenue

Total revenue comprises all receipts Tianjin Silvery Dragon 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.

Most indicators from Tianjin Silvery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Silvery Dragon 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 Tianjin Silvery Dragon. 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 82.4 M, whereas Tax Provision is forecasted to decline to about 23 M.

	2021	2022	2023	2024 (projected)
Operating Income	250.3M	157.6M	223.7M	192.7M
Total Revenue	3.1B	2.5B	2.7B	2.4B

Operating Income Total Revenue

Tianjin Silvery fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Good Will	Short Term Investments	Non Current Liabilities Total	Common Stock Shares Outstanding
Total Assets		-0.16	0.86	0.95	-0.37	0.92	0.57	0.71	0.98	0.92	0.54	0.86	0.9	0.97	0.93	0.97	0.86	-0.22	0.96	0.95	0.91	-0.86	0.72	0.22	0.43	0.15
Other Current Liab	-0.16		0.01	-0.23	-0.21	-0.05	-0.18	-0.09	-0.18	0.01	0.35	0.0	0.06	-0.24	-0.09	-0.14	-0.32	0.15	-0.22	-0.24	-0.25	0.35	-0.26	0.07	0.12	-0.38
Total Current Liabilities	0.86	0.01		0.66	-0.44	0.94	0.24	0.35	0.88	0.85	0.49	1.0	0.69	0.83	0.79	0.76	0.77	-0.16	0.84	0.92	0.89	-0.82	0.62	0.37	0.5	0.12
Total Stockholder Equity	0.95	-0.23	0.66		-0.29	0.79	0.68	0.83	0.91	0.84	0.5	0.66	0.91	0.93	0.89	0.97	0.8	-0.22	0.91	0.85	0.81	-0.77	0.68	0.09	0.31	0.15
Other Liab	-0.37	-0.21	-0.44	-0.29		-0.36	-0.2	-0.17	-0.31	-0.49	-0.26	-0.41	-0.38	-0.3	-0.28	-0.33	-0.37	0.03	-0.29	-0.36	-0.36	0.36	-0.35	0.01	-0.11	-0.18
Accounts Payable	0.92	-0.05	0.94	0.79	-0.36		0.42	0.52	0.94	0.82	0.64	0.95	0.75	0.9	0.83	0.85	0.77	-0.15	0.89	0.94	0.9	-0.79	0.61	0.36	0.58	0.08
Cash	0.57	-0.18	0.24	0.68	-0.2	0.42		0.56	0.48	0.34	0.25	0.25	0.65	0.59	0.52	0.6	0.35	-0.25	0.41	0.43	0.4	-0.33	0.34	-0.02	0.28	0.08
Other Assets	0.71	-0.09	0.35	0.83	-0.17	0.52	0.56		0.68	0.63	0.46	0.35	0.73	0.64	0.66	0.76	0.58	0.2	0.68	0.55	0.55	-0.42	0.39	-0.06	0.03	0.1
Net Receivables	0.98	-0.18	0.88	0.91	-0.31	0.94	0.48	0.68		0.89	0.58	0.88	0.86	0.96	0.92	0.93	0.83	-0.21	0.98	0.96	0.92	-0.83	0.65	0.25	0.44	0.14
Inventory	0.92	0.01	0.85	0.84	-0.49	0.82	0.34	0.63	0.89		0.46	0.84	0.82	0.87	0.82	0.92	0.9	-0.13	0.9	0.9	0.87	-0.86	0.81	0.05	0.27	0.17
Other Current Assets	0.54	0.35	0.49	0.5	-0.26	0.64	0.25	0.46	0.58	0.46		0.49	0.53	0.5	0.54	0.51	0.23	0.04	0.57	0.43	0.4	-0.21	0.22	0.1	0.37	-0.31
Total Liab	0.86	0.0	1.0	0.66	-0.41	0.95	0.25	0.35	0.88	0.84	0.49		0.69	0.83	0.79	0.76	0.77	-0.17	0.83	0.92	0.89	-0.82	0.62	0.38	0.53	0.11
Intangible Assets	0.9	0.06	0.69	0.91	-0.38	0.75	0.65	0.73	0.86	0.82	0.53	0.69		0.86	0.94	0.9	0.65	-0.34	0.84	0.77	0.76	-0.68	0.52	0.24	0.31	0.14
Common Stock	0.97	-0.24	0.83	0.93	-0.3	0.9	0.59	0.64	0.96	0.87	0.5	0.83	0.86		0.93	0.94	0.84	-0.32	0.96	0.93	0.91	-0.83	0.72	0.22	0.37	0.1
Property Plant Equipment	0.93	-0.09	0.79	0.89	-0.28	0.83	0.52	0.66	0.92	0.82	0.54	0.79	0.94	0.93		0.87	0.68	-0.38	0.92	0.84	0.86	-0.72	0.5	0.36	0.27	0.13
Retained Earnings	0.97	-0.14	0.76	0.97	-0.33	0.85	0.6	0.76	0.93	0.92	0.51	0.76	0.9	0.94	0.87		0.88	-0.21	0.93	0.91	0.86	-0.84	0.79	0.07	0.38	0.17
Net Tangible Assets	0.86	-0.32	0.77	0.8	-0.37	0.77	0.35	0.58	0.83	0.9	0.23	0.77	0.65	0.84	0.68	0.88		-0.05	0.84	0.91	0.88	-0.9	0.9	-0.05	0.23	0.32
Deferred Long Term Liab	-0.22	0.15	-0.16	-0.22	0.03	-0.15	-0.25	0.2	-0.21	-0.13	0.04	-0.17	-0.34	-0.32	-0.38	-0.21	-0.05		-0.25	-0.2	-0.2	0.25	-0.12	-0.23	-0.21	-0.15
Long Term Investments	0.96	-0.22	0.84	0.91	-0.29	0.89	0.41	0.68	0.98	0.9	0.57	0.83	0.84	0.96	0.92	0.93	0.84	-0.25		0.93	0.91	-0.83	0.7	0.17	0.31	0.14
Total Current Assets	0.95	-0.24	0.92	0.85	-0.36	0.94	0.43	0.55	0.96	0.9	0.43	0.92	0.77	0.93	0.84	0.91	0.91	-0.2	0.93		0.97	-0.93	0.77	0.22	0.45	0.28
Non Current Assets Total	0.91	-0.25	0.89	0.81	-0.36	0.9	0.4	0.55	0.92	0.87	0.4	0.89	0.76	0.91	0.86	0.86	0.88	-0.2	0.91	0.97		-0.86	0.7	0.2	0.24	0.4
Non Currrent Assets Other	-0.86	0.35	-0.82	-0.77	0.36	-0.79	-0.33	-0.42	-0.83	-0.86	-0.21	-0.82	-0.68	-0.83	-0.72	-0.84	-0.9	0.25	-0.83	-0.93	-0.86		-0.82	-0.21	-0.41	-0.33
Good Will	0.72	-0.26	0.62	0.68	-0.35	0.61	0.34	0.39	0.65	0.81	0.22	0.62	0.52	0.72	0.5	0.79	0.9	-0.12	0.7	0.77	0.7	-0.82		-0.28	0.24	0.16
Short Term Investments	0.22	0.07	0.37	0.09	0.01	0.36	-0.02	-0.06	0.25	0.05	0.1	0.38	0.24	0.22	0.36	0.07	-0.05	-0.23	0.17	0.22	0.2	-0.21	-0.28		0.43	-0.14
Non Current Liabilities Total	0.43	0.12	0.5	0.31	-0.11	0.58	0.28	0.03	0.44	0.27	0.37	0.53	0.31	0.37	0.27	0.38	0.23	-0.21	0.31	0.45	0.24	-0.41	0.24	0.43		-0.28
Common Stock Shares Outstanding	0.15	-0.38	0.12	0.15	-0.18	0.08	0.08	0.1	0.14	0.17	-0.31	0.11	0.14	0.1	0.13	0.17	0.32	-0.15	0.14	0.28	0.4	-0.33	0.16	-0.14	-0.28

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Tianjin Silvery Account Relationship Matchups

Tianjin Silvery fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	2.7B	3.1B	3.2B	3.4B	2.4B
Other Current Liab	30.2M	25.9M	17.4M	49.4M	1.5M	1.5M
Total Current Liabilities	1.2B	764.1M	1.0B	1.1B	1.1B	704.8M
Total Stockholder Equity	1.8B	1.9B	2.0B	2.1B	2.3B	1.6B
Other Liab	22.8M	21.2M	20.0M	18.7M	16.9M	18.7M
Accounts Payable	794.8M	412.4M	614.0M	867.3M	567.0M	379.1M
Cash	220.3M	248.8M	352.2M	320.1M	225.1M	253.4M
Other Assets	57.2M	47.5M	47.2M	95.3M	109.6M	58.8M
Net Receivables	1.3B	1.0B	1.3B	1.3B	1.4B	996.2M
Inventory	328.1M	375.8M	373.9M	399.0M	486.3M	303.8M
Other Current Assets	137.7M	167.7M	109.2M	256.8M	35.5M	33.7M
Total Liab	1.3B	785.3M	1.1B	1.1B	1.1B	743.0M
Intangible Assets	100.2M	93.7M	91.4M	89.1M	92.1M	79.2M
Property Plant Equipment	414.2M	374.5M	327.9M	318.8M	366.6M	304.1M
Retained Earnings	722.9M	809.2M	897.2M	1.0B	986.4M	658.7M
Net Tangible Assets	1.7B	1.8B	1.9B	2.0B	2.3B	1.9B
Deferred Long Term Liab	21.3M	12.4M	10.3M	48.1M	43.3M	21.9M
Total Current Assets	2.5B	2.1B	2.5B	2.6B	2.7B	2.3B
Non Current Assets Total	643.0M	608.2M	593.3M	653.6M	688.3M	658.8M
Non Currrent Assets Other	7.7M	9.0M	6.5M	10.3M	5.1M	9.0M
Short Term Investments	379.1M	31.1M	16.8M	18.8M	16.9M	16.0M
Non Current Liabilities Total	69.2M	21.2M	81.4M	63.7M	19.0M	18.1M
Other Stockholder Equity	23.6M	33.2M	42.6M	53.5M	61.5M	31.7M
Net Invested Capital	2.2B	2.2B	2.4B	2.3B	2.5B	2.4B
Short Long Term Debt	369.2M	254.9M	347.6M	109.7M	262.1M	274.4M
Net Working Capital	1.3B	1.3B	1.5B	1.5B	1.6B	1.5B

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

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Tianjin Total Current Assets vs Total Revenue Analysis

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

Correlation Coefficient

Total Current Assets

Total Revenue

Tianjin Silvery fundamental ratios Correlations

Tianjin Silvery Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tianjin Silvery fundamental ratios Accounts

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Other Information on Investing in Tianjin Stock

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Total Liab	+ 1.0	Total Current Liabilities
Net Receivables	+ 0.98	Total Assets
Long Term Investments	+ 0.98	Net Receivables
Common Stock	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Assets
Retained Earnings	+ 0.97	Total Stockholder Equity

Non Currrent Assets Other	- 0.93	Total Current Assets
Non Currrent Assets Other	- 0.9	Net Tangible Assets
Non Currrent Assets Other	- 0.86	Non Current Assets Total
Non Currrent Assets Other	- 0.86	Inventory
Non Currrent Assets Other	- 0.86	Total Assets
Non Currrent Assets Other	- 0.84	Retained Earnings