Shanghai Good Will vs Long Term Investments Analysis

900909 Stock

0.57 0.01 1.79%

Shanghai Huayi financial indicator trend analysis is much more than just breaking down Shanghai Huayi Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Huayi Group is a good investment. Please check the relationship between Shanghai Huayi Good Will and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Huayi Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Huayi Group Good Will account and Long Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Shanghai Huayi's Good Will and Long Term Investments is -0.62. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Shanghai Huayi Group, assuming nothing else is changed. The correlation between historical values of Shanghai Huayi's Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Shanghai Huayi Group are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Shanghai Huayi's Good Will and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Investments

Long Term Investments is an item on the asset side of Shanghai Huayi balance sheet that represents investments Shanghai Huayi Group intends to hold for over a year. Shanghai Huayi Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Shanghai Huayi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Huayi Group 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 Huayi Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of December 11, 2024, Selling General Administrative is expected to decline to about 1.4 B. In addition to that, Tax Provision is expected to decline to about 207.8 M

	2021	2022	2023	2024 (projected)
Cost Of Revenue	33.0B	35.3B	37.6B	19.1B
Total Revenue	40.0B	38.9B	41.3B	21.5B

Cost Of Revenue Total Revenue

Shanghai Huayi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.32	0.99	0.98	0.92	0.98	0.98	0.88	0.89	0.15	0.73	0.84	0.29	0.99	0.85	0.81	0.96	0.99	-0.69	0.81	-0.92	0.85	0.83	0.5	0.93	0.88
Other Current Liab	0.32		0.33	0.42	0.44	0.23	0.23	0.08	0.01	0.48	0.37	0.55	0.59	0.26	0.51	0.55	0.41	0.33	0.13	0.09	-0.5	0.61	0.47	0.55	0.28	0.53
Total Current Liabilities	0.99	0.33		0.94	0.87	0.95	0.98	0.88	0.88	0.15	0.71	0.81	0.22	0.99	0.8	0.76	0.93	0.97	-0.67	0.82	-0.94	0.9	0.87	0.56	0.95	0.9
Total Stockholder Equity	0.98	0.42	0.94		0.97	0.96	0.94	0.8	0.8	0.25	0.68	0.88	0.44	0.93	0.93	0.89	0.98	0.97	-0.6	0.73	-0.88	0.84	0.79	0.52	0.87	0.85
Other Liab	0.92	0.44	0.87	0.97		0.91	0.88	0.66	0.69	0.42	0.58	0.85	0.5	0.85	0.97	0.9	0.98	0.89	-0.44	0.59	-0.77	0.79	0.68	0.55	0.75	0.76
Accounts Payable	0.98	0.23	0.95	0.96	0.91		0.95	0.86	0.88	0.16	0.68	0.8	0.27	0.96	0.86	0.79	0.96	0.96	-0.68	0.78	-0.86	0.79	0.74	0.44	0.88	0.81
Cash	0.98	0.23	0.98	0.94	0.88	0.95		0.84	0.88	0.2	0.64	0.81	0.25	0.98	0.81	0.77	0.93	0.95	-0.65	0.78	-0.89	0.86	0.82	0.59	0.95	0.86
Other Assets	0.88	0.08	0.88	0.8	0.66	0.86	0.84		0.96	-0.28	0.79	0.65	-0.04	0.92	0.55	0.53	0.74	0.92	-0.88	0.92	-0.84	0.66	0.79	0.16	0.87	0.77
Long Term Debt	0.89	0.01	0.88	0.8	0.69	0.88	0.88	0.96		-0.16	0.8	0.67	-0.02	0.93	0.58	0.55	0.76	0.9	-0.81	0.87	-0.84	0.67	0.77	0.26	0.89	0.76
Net Receivables	0.15	0.48	0.15	0.25	0.42	0.16	0.2	-0.28	-0.16		-0.17	0.25	0.51	0.08	0.53	0.39	0.34	0.05	0.46	-0.32	-0.09	0.34	0.0	0.72	0.04	0.11
Short Term Investments	0.73	0.37	0.71	0.68	0.58	0.68	0.64	0.79	0.8	-0.17		0.74	0.06	0.75	0.49	0.59	0.62	0.76	-0.6	0.78	-0.84	0.68	0.83	0.22	0.74	0.81
Inventory	0.84	0.55	0.81	0.88	0.85	0.8	0.81	0.65	0.67	0.25	0.74		0.56	0.8	0.83	0.95	0.85	0.84	-0.56	0.75	-0.83	0.8	0.86	0.55	0.83	0.91
Other Current Assets	0.29	0.59	0.22	0.44	0.5	0.27	0.25	-0.04	-0.02	0.51	0.06	0.56		0.17	0.56	0.62	0.44	0.28	0.01	0.0	-0.23	0.31	0.16	0.42	0.2	0.3
Total Liab	0.99	0.26	0.99	0.93	0.85	0.96	0.98	0.92	0.93	0.08	0.75	0.8	0.17		0.77	0.73	0.91	0.98	-0.72	0.85	-0.93	0.86	0.86	0.49	0.96	0.89
Intangible Assets	0.85	0.51	0.8	0.93	0.97	0.86	0.81	0.55	0.58	0.53	0.49	0.83	0.56	0.77		0.91	0.94	0.81	-0.33	0.49	-0.72	0.76	0.62	0.59	0.68	0.71
Common Stock	0.81	0.55	0.76	0.89	0.9	0.79	0.77	0.53	0.55	0.39	0.59	0.95	0.62	0.73	0.91		0.87	0.78	-0.41	0.61	-0.73	0.76	0.74	0.57	0.72	0.81
Property Plant Equipment	0.96	0.41	0.93	0.98	0.98	0.96	0.93	0.74	0.76	0.34	0.62	0.85	0.44	0.91	0.94	0.87		0.93	-0.53	0.67	-0.83	0.83	0.73	0.55	0.82	0.81
Retained Earnings	0.99	0.33	0.97	0.97	0.89	0.96	0.95	0.92	0.9	0.05	0.76	0.84	0.28	0.98	0.81	0.78	0.93		-0.75	0.85	-0.92	0.82	0.84	0.41	0.92	0.88
Good Will	-0.69	0.13	-0.67	-0.6	-0.44	-0.68	-0.65	-0.88	-0.81	0.46	-0.6	-0.56	0.01	-0.72	-0.33	-0.41	-0.53	-0.75		-0.92	0.6	-0.36	-0.62	0.08	-0.73	-0.59
Net Tangible Assets	0.81	0.09	0.82	0.73	0.59	0.78	0.78	0.92	0.87	-0.32	0.78	0.75	0.0	0.85	0.49	0.61	0.67	0.85	-0.92		-0.8	0.63	0.86	0.17	0.87	0.83
Other Stockholder Equity	-0.92	-0.5	-0.94	-0.88	-0.77	-0.86	-0.89	-0.84	-0.84	-0.09	-0.84	-0.83	-0.23	-0.93	-0.72	-0.73	-0.83	-0.92	0.6	-0.8		-0.94	-0.93	-0.58	-0.94	-0.96
Deferred Long Term Liab	0.85	0.61	0.9	0.84	0.79	0.79	0.86	0.66	0.67	0.34	0.68	0.8	0.31	0.86	0.76	0.76	0.83	0.82	-0.36	0.63	-0.94		0.88	0.79	0.87	0.94
Long Term Investments	0.83	0.47	0.87	0.79	0.68	0.74	0.82	0.79	0.77	0.0	0.83	0.86	0.16	0.86	0.62	0.74	0.73	0.84	-0.62	0.86	-0.93	0.88		0.53	0.92	0.97
Short Long Term Debt	0.5	0.55	0.56	0.52	0.55	0.44	0.59	0.16	0.26	0.72	0.22	0.55	0.42	0.49	0.59	0.57	0.55	0.41	0.08	0.17	-0.58	0.79	0.53		0.57	0.62
Total Current Assets	0.93	0.28	0.95	0.87	0.75	0.88	0.95	0.87	0.89	0.04	0.74	0.83	0.2	0.96	0.68	0.72	0.82	0.92	-0.73	0.87	-0.94	0.87	0.92	0.57		0.93
Short Term Debt	0.88	0.53	0.9	0.85	0.76	0.81	0.86	0.77	0.76	0.11	0.81	0.91	0.3	0.89	0.71	0.81	0.81	0.88	-0.59	0.83	-0.96	0.94	0.97	0.62	0.93

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Shanghai Huayi Account Relationship Matchups

Shanghai Huayi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	48.7B	45.6B	52.6B	59.2B	62.6B	65.7B
Other Current Liab	12.0B	11.8B	14.0B	181.9M	129.1M	122.6M
Total Current Liabilities	21.6B	19.4B	21.8B	24.0B	27.2B	28.6B
Total Stockholder Equity	18.4B	18.6B	21.5B	21.8B	22.3B	23.4B
Other Liab	1.1B	1.2B	1.1B	1.1B	1.3B	1.3B
Accounts Payable	4.8B	4.3B	5.0B	5.7B	6.5B	6.8B
Cash	12.2B	8.9B	9.9B	16.6B	16.4B	17.2B
Other Assets	2.5B	4.7B	4.9B	8.3B	9.5B	10.0B
Long Term Debt	5.3B	3.9B	4.6B	7.9B	7.2B	7.6B
Net Receivables	4.8B	1.8B	1.6B	1.6B	1.4B	2.3B
Short Term Investments	1.7B	1.7B	1.4B	1.4B	1.6B	876.9M
Inventory	4.3B	4.2B	4.7B	4.8B	5.0B	2.7B
Other Current Assets	777.2M	672.6M	1.1B	1.0B	283.0M	268.9M
Total Liab	27.9B	24.5B	27.8B	33.2B	35.8B	37.6B
Intangible Assets	1.8B	1.7B	1.6B	1.6B	1.8B	1.8B
Property Plant Equipment	13.6B	14.0B	13.3B	14.2B	16.3B	17.1B
Retained Earnings	7.4B	7.6B	10.4B	10.1B	10.5B	11.0B
Net Tangible Assets	16.2B	16.4B	16.8B	19.8B	22.7B	17.6B
Other Stockholder Equity	(30.1M)	(131.2M)	(108.1M)	(97.8M)	(88.0M)	(83.6M)
Deferred Long Term Liab	222.0M	228.7M	195.6M	155.8M	179.2M	176.0M
Short Long Term Debt	4.3B	1.9B	1.4B	2.4B	2.1B	2.1B
Total Current Assets	23.9B	20.6B	23.1B	27.9B	26.7B	24.2B
Non Current Assets Total	24.8B	25.0B	29.5B	31.3B	35.9B	28.5B
Non Currrent Assets Other	268.4M	247.6M	2.2B	113.1M	570.5M	672.8M
Non Current Liabilities Total	6.3B	5.1B	6.0B	9.2B	8.6B	6.0B
Non Current Liabilities Other	23.8M	15.1M	13.0M	14.1M	75.6M	79.4M
Net Invested Capital	27.8B	24.5B	27.5B	32.1B	31.5B	29.7B
Net Working Capital	2.3B	1.2B	1.3B	3.9B	(562.7M)	(534.6M)

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Balance Sheet is a snapshot of the financial position of Shanghai Huayi Group at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Huayi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Huayi 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 Good Will vs Long Term Investments Analysis

Good Will vs Long Term Investments

Good Will vs Long Term Investments Correlation Analysis

Correlation Coefficient

Good Will

Long Term Investments

Shanghai Huayi fundamental ratios Correlations

Shanghai Huayi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Huayi fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

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Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Assets

Short Term Debt	- 0.96	Other Stockholder Equity
Total Current Assets	- 0.94	Other Stockholder Equity
Deferred Long Term Liab	- 0.94	Other Stockholder Equity
Other Stockholder Equity	- 0.94	Total Current Liabilities
Long Term Investments	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Total Liab