Shanghai Net Receivables vs Total Revenue Analysis

688590 Stock

18.05 3.01 20.01%

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

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Newtouch Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shanghai Newtouch's Net Receivables and Total Revenue is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shanghai Newtouch Software, assuming nothing else is changed. The correlation between historical values of Shanghai Newtouch's Net Receivables 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 Net Receivables of Shanghai Newtouch Software 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 Net Receivables i.e., Shanghai Newtouch's Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Total Revenue

Total revenue comprises all receipts Shanghai Newtouch 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 Shanghai Newtouch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Newtouch 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 Newtouch Software. 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 Tax Provision is expected to grow to about (5.4 M). In addition to that, Selling General Administrative is expected to decline to about 43.2 M

	2022	2023	2024	2025 (projected)
Interest Expense	28.2M	49.7M	57.1M	33.8M
Interest Income	4.3M	5.2M	6.0M	3.8M

Interest Expense Interest Income

Shanghai Newtouch fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Capital Lease Obligations
Total Assets		-0.83	0.87	0.99	0.08	0.92	0.82	0.8	0.91	0.26	0.86	0.98	0.81	0.99	0.87	0.98	0.12	0.97	1.0	0.74	0.99	0.99	0.97	0.9	-0.75	-0.6
Other Current Liab	-0.83		-0.62	-0.89	0.48	-0.9	-0.52	-0.9	-0.53	0.18	-0.63	-0.75	-0.37	-0.89	-0.63	-0.72	-0.34	-0.7	-0.86	-0.6	-0.89	-0.78	-0.91	-0.67	0.8	0.66
Total Current Liabilities	0.87	-0.62		0.83	0.26	0.78	0.84	0.7	0.89	0.49	0.58	0.83	0.88	0.87	0.58	0.85	-0.15	0.91	0.85	0.95	0.83	0.84	0.73	0.78	-0.54	-0.56
Total Stockholder Equity	0.99	-0.89	0.83		-0.02	0.95	0.78	0.81	0.86	0.18	0.84	0.97	0.75	0.99	0.85	0.96	0.21	0.94	1.0	0.7	1.0	0.98	0.98	0.88	-0.8	-0.66
Net Debt	0.08	0.48	0.26	-0.02		-0.11	0.42	-0.4	0.48	0.82	0.2	0.22	0.62	-0.04	0.19	0.25	-0.32	0.25	0.03	0.07	-0.04	0.15	-0.12	0.27	0.16	0.11
Retained Earnings	0.92	-0.9	0.78	0.95	-0.11		0.72	0.73	0.75	0.16	0.69	0.91	0.65	0.96	0.69	0.89	0.44	0.83	0.93	0.66	0.94	0.89	0.93	0.84	-0.91	-0.84
Accounts Payable	0.82	-0.52	0.84	0.78	0.42	0.72		0.53	0.87	0.73	0.69	0.85	0.86	0.8	0.69	0.85	0.0	0.87	0.8	0.71	0.78	0.83	0.71	0.96	-0.67	-0.54
Cash	0.8	-0.9	0.7	0.81	-0.4	0.73	0.53		0.55	-0.12	0.59	0.66	0.41	0.84	0.61	0.66	-0.09	0.74	0.82	0.77	0.84	0.75	0.83	0.59	-0.53	-0.36
Non Current Assets Total	0.91	-0.53	0.89	0.86	0.48	0.75	0.87	0.55		0.54	0.82	0.94	0.98	0.84	0.82	0.96	-0.09	0.96	0.88	0.7	0.85	0.93	0.78	0.87	-0.54	-0.47
Non Currrent Assets Other	0.26	0.18	0.49	0.18	0.82	0.16	0.73	-0.12	0.54		0.2	0.36	0.67	0.21	0.19	0.38	-0.17	0.4	0.22	0.36	0.18	0.3	0.07	0.57	-0.2	-0.22
Long Term Debt	0.86	-0.63	0.58	0.84	0.2	0.69	0.69	0.59	0.82	0.2		0.89	0.71	0.79	1.0	0.88	0.05	0.87	0.86	0.38	0.85	0.91	0.88	0.81	-0.57	-0.28
Net Receivables	0.98	-0.75	0.83	0.97	0.22	0.91	0.85	0.66	0.94	0.36	0.89		0.86	0.95	0.88	1.0	0.19	0.96	0.97	0.65	0.96	0.99	0.94	0.93	-0.77	-0.63
Good Will	0.81	-0.37	0.88	0.75	0.62	0.65	0.86	0.41	0.98	0.67	0.71	0.86		0.74	0.7	0.89	-0.15	0.9	0.78	0.7	0.74	0.84	0.65	0.81	-0.45	-0.43
Common Stock Shares Outstanding	0.99	-0.89	0.87	0.99	-0.04	0.96	0.8	0.84	0.84	0.21	0.79	0.95	0.74		0.79	0.94	0.19	0.94	0.99	0.77	0.99	0.96	0.97	0.88	-0.8	-0.67
Non Current Liabilities Total	0.87	-0.63	0.58	0.85	0.19	0.69	0.69	0.61	0.82	0.19	1.0	0.88	0.7	0.79		0.88	0.04	0.87	0.87	0.38	0.85	0.91	0.88	0.81	-0.56	-0.26
Inventory	0.98	-0.72	0.85	0.96	0.25	0.89	0.85	0.66	0.96	0.38	0.88	1.0	0.89	0.94	0.88		0.13	0.97	0.97	0.67	0.95	0.99	0.92	0.92	-0.73	-0.6
Other Current Assets	0.12	-0.34	-0.15	0.21	-0.32	0.44	0.0	-0.09	-0.09	-0.17	0.05	0.19	-0.15	0.19	0.04	0.13		-0.07	0.13	-0.27	0.17	0.1	0.25	0.19	-0.69	-0.69
Total Liab	0.97	-0.7	0.91	0.94	0.25	0.83	0.87	0.74	0.96	0.4	0.87	0.96	0.9	0.94	0.87	0.97	-0.07		0.96	0.77	0.95	0.98	0.9	0.89	-0.62	-0.48
Net Invested Capital	1.0	-0.86	0.85	1.0	0.03	0.93	0.8	0.82	0.88	0.22	0.86	0.97	0.78	0.99	0.87	0.97	0.13	0.96		0.73	1.0	0.99	0.98	0.89	-0.76	-0.6
Short Long Term Debt	0.74	-0.6	0.95	0.7	0.07	0.66	0.71	0.77	0.7	0.36	0.38	0.65	0.7	0.77	0.38	0.67	-0.27	0.77	0.73		0.72	0.69	0.61	0.61	-0.41	-0.45
Total Current Assets	0.99	-0.89	0.83	1.0	-0.04	0.94	0.78	0.84	0.85	0.18	0.85	0.96	0.74	0.99	0.85	0.95	0.17	0.95	1.0	0.72		0.98	0.99	0.88	-0.78	-0.62
Capital Stock	0.99	-0.78	0.84	0.98	0.15	0.89	0.83	0.75	0.93	0.3	0.91	0.99	0.84	0.96	0.91	0.99	0.1	0.98	0.99	0.69	0.98		0.96	0.91	-0.73	-0.56
Net Working Capital	0.97	-0.91	0.73	0.98	-0.12	0.93	0.71	0.83	0.78	0.07	0.88	0.94	0.65	0.97	0.88	0.92	0.25	0.9	0.98	0.61	0.99	0.96		0.85	-0.8	-0.6
Intangible Assets	0.9	-0.67	0.78	0.88	0.27	0.84	0.96	0.59	0.87	0.57	0.81	0.93	0.81	0.88	0.81	0.92	0.19	0.89	0.89	0.61	0.88	0.91	0.85		-0.81	-0.62
Property Plant And Equipment Net	-0.75	0.8	-0.54	-0.8	0.16	-0.91	-0.67	-0.53	-0.54	-0.2	-0.57	-0.77	-0.45	-0.8	-0.56	-0.73	-0.69	-0.62	-0.76	-0.41	-0.78	-0.73	-0.8	-0.81		0.88
Capital Lease Obligations	-0.6	0.66	-0.56	-0.66	0.11	-0.84	-0.54	-0.36	-0.47	-0.22	-0.28	-0.63	-0.43	-0.67	-0.26	-0.6	-0.69	-0.48	-0.6	-0.45	-0.62	-0.56	-0.6	-0.62	0.88

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Shanghai Newtouch Account Relationship Matchups

Shanghai Newtouch fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	2.0B	2.4B	2.7B	3.1B	2.3B
Other Current Liab	1.5M	678.4K	2.6M	3.3M	3.0M	2.6M
Total Current Liabilities	824.4M	667.5M	635.4M	890.8M	1.0B	805.6M
Total Stockholder Equity	1.0B	1.2B	1.3B	1.4B	1.7B	1.2B
Retained Earnings	293.4M	401.8M	306.1M	371.0M	426.6M	349.9M
Accounts Payable	15.7M	6.5M	30.8M	105.6M	121.5M	127.5M
Cash	872.5M	487.7M	618.4M	552.2M	635.0M	624.2M
Non Current Assets Total	247.6M	200.9M	353.4M	548.3M	630.6M	344.8M
Long Term Debt	24.8M	36.8M	306.1M	203.4M	233.9M	128.8M
Net Receivables	701.7M	827.3M	953.5M	1.1B	1.2B	918.9M
Good Will	45.1M	39.4M	51.2M	77.4M	89.0M	57.2M
Non Current Liabilities Total	40.6M	40.8M	325.7M	214.2M	246.3M	141.2M
Inventory	197.3M	235.2M	303.3M	386.4M	444.4M	280.7M
Other Current Assets	17.3M	82.0M	40.9M	33.5M	38.6M	46.3M
Total Liab	865.0M	708.3M	961.1M	1.1B	1.3B	946.7M
Net Invested Capital	1.7B	1.6B	2.0B	2.2B	2.5B	1.9B
Short Long Term Debt	619.0M	448.9M	409.3M	556.1M	639.5M	545.2M
Total Current Assets	1.8B	1.8B	2.0B	2.2B	2.5B	2.0B
Net Working Capital	976.1M	1.1B	1.4B	1.3B	1.4B	1.2B
Intangible Assets	1.2M	29.1M	54.9M	93.4M	107.4M	112.8M

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

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

Correlation Coefficient

Net Receivables

Total Revenue

Shanghai Newtouch fundamental ratios Correlations

Shanghai Newtouch Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Newtouch fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Long Term Debt
Inventory	+ 1.0	Net Receivables
Total Current Assets	+ 1.0	Net Invested Capital

Property Plant And Equipment Net	- 0.91	Retained Earnings
Net Working Capital	- 0.91	Other Current Liab
Cash	- 0.9	Other Current Liab
Retained Earnings	- 0.9	Other Current Liab
Total Current Assets	- 0.89	Other Current Liab
Common Stock Shares Outstanding	- 0.89	Other Current Liab