Shanghai Other Stockholder Equity vs Other Assets Analysis

900909 Stock   0.52  0.01  1.89%   
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 Other Stockholder Equity and its Other Assets 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.

Other Stockholder Equity vs Other Assets

Other Stockholder Equity vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Huayi Group Other Stockholder Equity account and Other Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Shanghai Huayi's Other Stockholder Equity and Other Assets is -0.86. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Other Assets 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 Other Stockholder Equity and Other 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 Other Stockholder Equity of Shanghai Huayi Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Other Stockholder Equity i.e., Shanghai Huayi's Other Stockholder Equity and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Other Stockholder Equity

Other Assets

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.
The current year's Tax Provision is expected to grow to about 442.4 M, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2022 2023 2024 2025 (projected)
Cost Of Revenue35.3B37.6B43.3B45.4B
Total Revenue38.9B41.3B47.5B49.9B

Shanghai Huayi fundamental ratios Correlations

0.160.990.980.890.980.980.910.920.040.841.00.20.990.860.770.940.99-0.740.84-0.90.820.820.410.920.86
0.160.160.270.390.070.090.0-0.110.510.130.20.590.10.40.480.350.180.210.01-0.410.560.380.550.120.44
0.990.160.950.850.970.980.910.910.040.830.980.140.990.820.720.910.98-0.720.84-0.910.850.850.460.940.87
0.980.270.950.950.960.950.840.840.150.780.980.360.940.930.850.980.97-0.660.78-0.880.820.790.450.870.85
0.890.390.850.950.870.860.660.680.380.650.910.520.820.980.90.980.87-0.450.6-0.780.790.690.530.730.76
0.980.070.970.960.870.960.890.910.040.820.980.180.970.860.740.930.97-0.730.81-0.840.750.740.350.880.79
0.980.090.980.950.860.960.870.910.080.780.970.180.980.830.740.910.96-0.710.81-0.880.830.820.50.940.85
0.910.00.910.840.660.890.870.97-0.320.920.89-0.030.940.610.550.750.94-0.890.93-0.860.660.80.130.890.79
0.92-0.110.910.840.680.910.910.97-0.220.910.89-0.070.950.630.550.760.92-0.830.88-0.830.650.760.190.890.75
0.040.510.040.150.380.040.08-0.32-0.22-0.240.080.55-0.030.440.350.3-0.040.49-0.35-0.030.31-0.050.72-0.060.06
0.840.130.830.780.650.820.780.920.91-0.240.83-0.080.870.580.520.710.86-0.690.81-0.870.690.790.160.80.77
1.00.20.980.980.910.980.970.890.890.080.830.260.980.880.780.960.99-0.70.82-0.890.820.810.420.90.85
0.20.590.140.360.520.180.18-0.03-0.070.55-0.080.260.090.510.540.460.210.08-0.06-0.20.320.10.440.090.23
0.990.10.990.940.820.970.980.940.95-0.030.870.980.090.790.690.890.98-0.760.87-0.910.810.840.40.940.86
0.860.40.820.930.980.860.830.610.630.440.580.880.510.790.90.960.83-0.410.55-0.740.770.640.540.690.73
0.770.480.720.850.90.740.740.550.550.350.520.780.540.690.90.880.75-0.450.63-0.740.760.750.540.730.82
0.940.350.910.980.980.930.910.750.760.30.710.960.460.890.960.880.92-0.550.68-0.840.830.740.530.810.81
0.990.180.980.970.870.970.960.940.92-0.040.860.990.210.980.830.750.92-0.780.87-0.910.80.840.340.920.86
-0.740.21-0.72-0.66-0.45-0.73-0.71-0.89-0.830.49-0.69-0.70.08-0.76-0.41-0.45-0.55-0.78-0.920.63-0.38-0.650.11-0.79-0.63
0.840.010.840.780.60.810.810.930.88-0.350.810.82-0.060.870.550.630.680.87-0.92-0.810.630.870.130.920.84
-0.9-0.41-0.91-0.88-0.78-0.84-0.88-0.86-0.83-0.03-0.87-0.89-0.2-0.91-0.74-0.74-0.84-0.910.63-0.81-0.94-0.94-0.54-0.91-0.96
0.820.560.850.820.790.750.830.660.650.310.690.820.320.810.770.760.830.8-0.380.63-0.940.880.770.830.93
0.820.380.850.790.690.740.820.80.76-0.050.790.810.10.840.640.750.740.84-0.650.87-0.940.880.490.930.97
0.410.550.460.450.530.350.50.130.190.720.160.420.440.40.540.540.530.340.110.13-0.540.770.490.460.58
0.920.120.940.870.730.880.940.890.89-0.060.80.90.090.940.690.730.810.92-0.790.92-0.910.830.930.460.93
0.860.440.870.850.760.790.850.790.750.060.770.850.230.860.730.820.810.86-0.630.84-0.960.930.970.580.93
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Shanghai Huayi Account Relationship Matchups

Shanghai Huayi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets45.6B52.6B59.2B62.6B72.0B75.6B
Other Current Liab11.8B14.0B181.9M129.1M148.4M141.0M
Total Current Liabilities19.4B21.8B24.0B27.2B31.3B32.9B
Total Stockholder Equity18.6B21.5B21.8B22.3B25.6B26.9B
Other Liab1.1B1.2B1.1B1.1B1.3B1.3B
Accounts Payable4.3B5.0B5.7B6.5B7.5B7.8B
Cash8.9B9.9B16.6B16.4B18.8B19.7B
Other Assets2.5B4.7B4.9B8.3B9.5B10.0B
Long Term Debt3.9B4.6B7.9B7.2B8.3B8.7B
Net Receivables1.8B1.6B1.6B1.4B1.6B2.3B
Short Term Investments1.7B1.4B1.4B1.6B1.8B1.9B
Inventory4.2B4.7B4.8B5.0B5.7B6.0B
Other Current Assets672.6M1.1B1.0B283.0M325.5M571.2M
Total Liab24.5B27.8B33.2B35.8B41.2B43.2B
Intangible Assets1.7B1.6B1.6B1.8B2.0B2.1B
Property Plant Equipment13.6B14.0B13.3B14.2B16.3B17.1B
Retained Earnings7.6B10.4B10.1B10.5B12.1B12.7B
Net Tangible Assets16.2B16.4B16.8B19.8B22.7B17.6B
Other Stockholder Equity(30.1M)(131.2M)(108.1M)(97.8M)(88.0M)(83.6M)
Deferred Long Term Liab222.0M228.7M195.6M155.8M179.2M176.0M
Short Long Term Debt1.9B1.4B2.4B2.1B1.8B2.1B
Total Current Assets20.6B23.1B27.9B26.7B30.7B24.2B
Non Current Assets Total25.0B29.5B31.3B35.9B41.3B28.5B
Non Currrent Assets Other247.6M2.2B113.1M570.5M656.1M672.8M
Non Current Liabilities Total5.1B6.0B9.2B8.6B9.9B6.0B
Non Current Liabilities Other15.1M13.0M14.1M75.6M87.0M91.3M
Net Invested Capital24.5B27.5B32.1B31.5B36.2B29.7B
Net Working Capital1.2B1.3B3.9B(562.7M)(506.4M)(481.1M)
Property Plant And Equipment Net13.3B14.2B19.9B19.9B22.9B17.9B
Property Plant And Equipment Gross27.6B29.8B19.9B37.9B43.6B31.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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.