Shanghai Retained Earnings vs Total Assets 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 Retained Earnings and its Total 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.

Retained Earnings vs Total Assets

Retained Earnings vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Huayi Group Retained Earnings account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Shanghai Huayi's Retained Earnings and Total Assets is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total 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 Retained Earnings and Total 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 Retained Earnings of Shanghai Huayi Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Shanghai Huayi's Retained Earnings and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Assets

Total assets refers to the total amount of Shanghai Huayi assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shanghai Huayi Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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.
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 Revenue33.0B35.3B37.6B19.1B
Total Revenue40.0B38.9B41.3B21.5B

Shanghai Huayi fundamental ratios Correlations

0.320.990.980.920.980.980.880.890.150.730.840.290.990.850.810.960.99-0.690.81-0.920.850.830.50.930.88
0.320.330.420.440.230.230.080.010.480.370.550.590.260.510.550.410.330.130.09-0.50.610.470.550.280.53
0.990.330.940.870.950.980.880.880.150.710.810.220.990.80.760.930.97-0.670.82-0.940.90.870.560.950.9
0.980.420.940.970.960.940.80.80.250.680.880.440.930.930.890.980.97-0.60.73-0.880.840.790.520.870.85
0.920.440.870.970.910.880.660.690.420.580.850.50.850.970.90.980.89-0.440.59-0.770.790.680.550.750.76
0.980.230.950.960.910.950.860.880.160.680.80.270.960.860.790.960.96-0.680.78-0.860.790.740.440.880.81
0.980.230.980.940.880.950.840.880.20.640.810.250.980.810.770.930.95-0.650.78-0.890.860.820.590.950.86
0.880.080.880.80.660.860.840.96-0.280.790.65-0.040.920.550.530.740.92-0.880.92-0.840.660.790.160.870.77
0.890.010.880.80.690.880.880.96-0.160.80.67-0.020.930.580.550.760.9-0.810.87-0.840.670.770.260.890.76
0.150.480.150.250.420.160.2-0.28-0.16-0.170.250.510.080.530.390.340.050.46-0.32-0.090.340.00.720.040.11
0.730.370.710.680.580.680.640.790.8-0.170.740.060.750.490.590.620.76-0.60.78-0.840.680.830.220.740.81
0.840.550.810.880.850.80.810.650.670.250.740.560.80.830.950.850.84-0.560.75-0.830.80.860.550.830.91
0.290.590.220.440.50.270.25-0.04-0.020.510.060.560.170.560.620.440.280.010.0-0.230.310.160.420.20.3
0.990.260.990.930.850.960.980.920.930.080.750.80.170.770.730.910.98-0.720.85-0.930.860.860.490.960.89
0.850.510.80.930.970.860.810.550.580.530.490.830.560.770.910.940.81-0.330.49-0.720.760.620.590.680.71
0.810.550.760.890.90.790.770.530.550.390.590.950.620.730.910.870.78-0.410.61-0.730.760.740.570.720.81
0.960.410.930.980.980.960.930.740.760.340.620.850.440.910.940.870.93-0.530.67-0.830.830.730.550.820.81
0.990.330.970.970.890.960.950.920.90.050.760.840.280.980.810.780.93-0.750.85-0.920.820.840.410.920.88
-0.690.13-0.67-0.6-0.44-0.68-0.65-0.88-0.810.46-0.6-0.560.01-0.72-0.33-0.41-0.53-0.75-0.920.6-0.36-0.620.08-0.73-0.59
0.810.090.820.730.590.780.780.920.87-0.320.780.750.00.850.490.610.670.85-0.92-0.80.630.860.170.870.83
-0.92-0.5-0.94-0.88-0.77-0.86-0.89-0.84-0.84-0.09-0.84-0.83-0.23-0.93-0.72-0.73-0.83-0.920.6-0.8-0.94-0.93-0.58-0.94-0.96
0.850.610.90.840.790.790.860.660.670.340.680.80.310.860.760.760.830.82-0.360.63-0.940.880.790.870.94
0.830.470.870.790.680.740.820.790.770.00.830.860.160.860.620.740.730.84-0.620.86-0.930.880.530.920.97
0.50.550.560.520.550.440.590.160.260.720.220.550.420.490.590.570.550.410.080.17-0.580.790.530.570.62
0.930.280.950.870.750.880.950.870.890.040.740.830.20.960.680.720.820.92-0.730.87-0.940.870.920.570.93
0.880.530.90.850.760.810.860.770.760.110.810.910.30.890.710.810.810.88-0.590.83-0.960.940.970.620.93
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Shanghai Huayi Account Relationship Matchups

Shanghai Huayi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets48.7B45.6B52.6B59.2B62.6B65.7B
Other Current Liab12.0B11.8B14.0B181.9M129.1M122.6M
Total Current Liabilities21.6B19.4B21.8B24.0B27.2B28.6B
Total Stockholder Equity18.4B18.6B21.5B21.8B22.3B23.4B
Other Liab1.1B1.2B1.1B1.1B1.3B1.3B
Accounts Payable4.8B4.3B5.0B5.7B6.5B6.8B
Cash12.2B8.9B9.9B16.6B16.4B17.2B
Other Assets2.5B4.7B4.9B8.3B9.5B10.0B
Long Term Debt5.3B3.9B4.6B7.9B7.2B7.6B
Net Receivables4.8B1.8B1.6B1.6B1.4B2.3B
Short Term Investments1.7B1.7B1.4B1.4B1.6B876.9M
Inventory4.3B4.2B4.7B4.8B5.0B2.7B
Other Current Assets777.2M672.6M1.1B1.0B283.0M268.9M
Total Liab27.9B24.5B27.8B33.2B35.8B37.6B
Intangible Assets1.8B1.7B1.6B1.6B1.8B1.8B
Property Plant Equipment13.6B14.0B13.3B14.2B16.3B17.1B
Retained Earnings7.4B7.6B10.4B10.1B10.5B11.0B
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 Debt4.3B1.9B1.4B2.4B2.1B2.1B
Total Current Assets23.9B20.6B23.1B27.9B26.7B24.2B
Non Current Assets Total24.8B25.0B29.5B31.3B35.9B28.5B
Non Currrent Assets Other268.4M247.6M2.2B113.1M570.5M672.8M
Non Current Liabilities Total6.3B5.1B6.0B9.2B8.6B6.0B
Non Current Liabilities Other23.8M15.1M13.0M14.1M75.6M79.4M
Net Invested Capital27.8B24.5B27.5B32.1B31.5B29.7B
Net Working Capital2.3B1.2B1.3B3.9B(562.7M)(534.6M)

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.