Shanghai Net Borrowings vs Depreciation Analysis

900914 Stock

0.63 0.03 5.00%

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

Net Borrowings vs Depreciation

Net Borrowings vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Jin Jiang Net Borrowings account and Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Shanghai Jin's Net Borrowings and Depreciation is -0.53. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Depreciation in the same time period over historical financial statements of Shanghai Jin Jiang, assuming nothing else is changed. The correlation between historical values of Shanghai Jin's Net Borrowings and Depreciation 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 Borrowings of Shanghai Jin Jiang are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Borrowings i.e., Shanghai Jin's Net Borrowings and Depreciation go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Depreciation

Depreciation indicates how much of Shanghai Jin Jiang value has been used up. For tax purposes Shanghai Jin can deduct the cost of the tangible assets it purchases as business expenses. However, Shanghai Jin Jiang must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Most indicators from Shanghai Jin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Jin Jiang 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 Jin Jiang. 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 February 26, 2025, Selling General Administrative is expected to decline to about 75.5 M. In addition to that, Tax Provision is expected to decline to about 12.4 M

	2022	2023	2024	2025 (projected)
Gross Profit	148.1M	336.6M	302.9M	292.7M
Total Revenue	2.1B	1.9B	1.7B	1.9B

Gross Profit Total Revenue

Shanghai Jin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total
Total Assets		-0.38	0.48	0.91	-0.28	0.95	0.65	0.11	0.75	-0.34	0.67	0.34	0.34	-0.49	-0.38	0.56	0.68	-0.23	0.73	0.7	-0.56	-0.59	-0.62	-0.39	0.79	0.56
Other Current Liab	-0.38		0.47	-0.63	0.72	-0.57	-0.54	0.21	-0.41	0.44	-0.58	-0.34	-0.29	0.41	0.63	0.43	-0.38	0.68	-0.42	-0.64	0.69	0.59	0.68	-0.03	-0.55	-0.43
Total Current Liabilities	0.48	0.47		0.15	0.19	0.22	0.19	0.58	0.34	0.22	0.12	0.2	0.28	0.0	0.03	0.9	0.11	0.11	0.38	0.0	-0.09	-0.22	-0.2	-0.18	0.32	0.02
Total Stockholder Equity	0.91	-0.63	0.15		-0.52	0.99	0.78	-0.12	0.84	-0.53	0.8	0.36	0.33	-0.69	-0.58	0.18	0.69	-0.41	0.77	0.91	-0.58	-0.65	-0.72	-0.3	0.79	0.48
Other Liab	-0.28	0.72	0.19	-0.52		-0.44	-0.84	-0.23	-0.66	0.32	-0.8	-0.6	-0.67	0.37	0.95	0.44	-0.33	0.95	-0.7	-0.69	0.51	0.8	0.86	-0.24	-0.63	-0.11
Net Tangible Assets	0.95	-0.57	0.22	0.99	-0.44		0.73	-0.07	0.79	-0.48	0.75	0.33	0.32	-0.61	-0.49	0.29	0.71	-0.34	0.74	0.84	-0.6	-0.63	-0.68	-0.36	0.79	0.54
Retained Earnings	0.65	-0.54	0.19	0.78	-0.84	0.73		0.3	0.94	-0.4	0.98	0.63	0.68	-0.54	-0.92	-0.01	0.54	-0.74	0.96	0.86	-0.4	-0.85	-0.87	-0.02	0.84	0.29
Accounts Payable	0.11	0.21	0.58	-0.12	-0.23	-0.07	0.3		0.19	0.4	0.24	0.49	0.66	0.46	-0.34	0.37	-0.06	-0.39	0.42	-0.2	-0.04	-0.46	-0.31	0.12	0.37	0.16
Cash	0.75	-0.41	0.34	0.84	-0.66	0.79	0.94	0.19		-0.36	0.91	0.57	0.6	-0.63	-0.78	0.15	0.61	-0.53	0.96	0.89	-0.33	-0.79	-0.8	-0.13	0.82	0.18
Other Assets	-0.34	0.44	0.22	-0.53	0.32	-0.48	-0.4	0.4	-0.36		-0.43	0.31	0.32	0.82	0.29	0.11	-0.19	0.19	-0.23	-0.59	0.36	0.04	0.27	0.37	-0.32	-0.43
Net Receivables	0.67	-0.58	0.12	0.8	-0.8	0.75	0.98	0.24	0.91	-0.43		0.65	0.65	-0.52	-0.89	-0.02	0.65	-0.71	0.93	0.86	-0.39	-0.79	-0.83	0.0	0.84	0.37
Short Term Investments	0.34	-0.34	0.2	0.36	-0.6	0.33	0.63	0.49	0.57	0.31	0.65		0.94	0.11	-0.69	0.0	0.55	-0.66	0.7	0.39	-0.2	-0.75	-0.69	0.55	0.48	0.03
Inventory	0.34	-0.29	0.28	0.33	-0.67	0.32	0.68	0.66	0.6	0.32	0.65	0.94		0.15	-0.74	0.01	0.45	-0.73	0.74	0.35	-0.26	-0.86	-0.74	0.41	0.55	0.0
Other Current Assets	-0.49	0.41	0.0	-0.69	0.37	-0.61	-0.54	0.46	-0.63	0.82	-0.52	0.11	0.15		0.39	0.01	-0.26	0.19	-0.44	-0.82	0.34	0.24	0.45	0.26	-0.38	-0.13
Other Stockholder Equity	-0.38	0.63	0.03	-0.58	0.95	-0.49	-0.92	-0.34	-0.78	0.29	-0.89	-0.69	-0.74	0.39		0.28	-0.34	0.91	-0.84	-0.73	0.39	0.85	0.88	-0.24	-0.7	-0.19
Total Liab	0.56	0.43	0.9	0.18	0.44	0.29	-0.01	0.37	0.15	0.11	-0.02	0.0	0.01	0.01	0.28		0.15	0.34	0.19	-0.08	-0.12	0.01	-0.01	-0.33	0.25	0.29
Deferred Long Term Liab	0.68	-0.38	0.11	0.69	-0.33	0.71	0.54	-0.06	0.61	-0.19	0.65	0.55	0.45	-0.26	-0.34	0.15		-0.22	0.56	0.58	-0.32	-0.48	-0.48	-0.04	0.55	0.23
Long Term Investments	-0.23	0.68	0.11	-0.41	0.95	-0.34	-0.74	-0.39	-0.53	0.19	-0.71	-0.66	-0.73	0.19	0.91	0.34	-0.22		-0.63	-0.53	0.58	0.79	0.86	-0.38	-0.57	-0.19
Total Current Assets	0.73	-0.42	0.38	0.77	-0.7	0.74	0.96	0.42	0.96	-0.23	0.93	0.7	0.74	-0.44	-0.84	0.19	0.56	-0.63		0.78	-0.33	-0.87	-0.84	-0.05	0.86	0.3
Intangible Assets	0.7	-0.64	0.0	0.91	-0.69	0.84	0.86	-0.2	0.89	-0.59	0.86	0.39	0.35	-0.82	-0.73	-0.08	0.58	-0.53	0.78		-0.45	-0.64	-0.76	-0.1	0.69	0.24
Common Stock	-0.56	0.69	-0.09	-0.58	0.51	-0.6	-0.4	-0.04	-0.33	0.36	-0.39	-0.2	-0.26	0.34	0.39	-0.12	-0.32	0.58	-0.33	-0.45		0.55	0.72	0.09	-0.56	-0.4
Property Plant Equipment	-0.59	0.59	-0.22	-0.65	0.8	-0.63	-0.85	-0.46	-0.79	0.04	-0.79	-0.75	-0.86	0.24	0.85	0.01	-0.48	0.79	-0.87	-0.64	0.55		0.92	-0.06	-0.8	-0.18
Non Current Assets Total	-0.62	0.68	-0.2	-0.72	0.86	-0.68	-0.87	-0.31	-0.8	0.27	-0.83	-0.69	-0.74	0.45	0.88	-0.01	-0.48	0.86	-0.84	-0.76	0.72	0.92		-0.16	-0.78	-0.22
Non Currrent Assets Other	-0.39	-0.03	-0.18	-0.3	-0.24	-0.36	-0.02	0.12	-0.13	0.37	0.0	0.55	0.41	0.26	-0.24	-0.33	-0.04	-0.38	-0.05	-0.1	0.09	-0.06	-0.16		-0.37	-0.36
Long Term Debt	0.79	-0.55	0.32	0.79	-0.63	0.79	0.84	0.37	0.82	-0.32	0.84	0.48	0.55	-0.38	-0.7	0.25	0.55	-0.57	0.86	0.69	-0.56	-0.8	-0.78	-0.37		0.52
Non Current Liabilities Total	0.56	-0.43	0.02	0.48	-0.11	0.54	0.29	0.16	0.18	-0.43	0.37	0.03	0.0	-0.13	-0.19	0.29	0.23	-0.19	0.3	0.24	-0.4	-0.18	-0.22	-0.36	0.52

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Shanghai Jin Account Relationship Matchups

Shanghai Jin fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.2B	5.2B	5.3B	5.1B	5.9B	5.4B
Other Current Liab	407.9M	333.3M	506.9M	7.3M	6.6M	6.3M
Total Current Liabilities	871.5M	760.3M	921.3M	589.7M	678.1M	779.3M
Total Stockholder Equity	3.5B	3.6B	3.9B	3.9B	4.5B	3.9B
Other Liab	311.0M	359.4M	354.0M	302.1M	271.9M	273.6M
Net Tangible Assets	3.2B	3.2B	3.3B	3.4B	3.9B	3.5B
Retained Earnings	1.9B	2.0B	2.5B	2.2B	2.5B	2.0B
Accounts Payable	207.3M	193.7M	149.4M	68.3M	78.5M	144.8M
Cash	1.3B	1.1B	2.0B	1.6B	1.8B	1.3B
Other Assets	96.9M	95.7M	63.2M	57.2M	51.5M	59.8M
Net Receivables	133.8M	174.1M	195.8M	184.5M	212.2M	159.2M
Short Term Investments	78.1M	71.7M	69.5M	72.9M	83.9M	66.0M
Inventory	187.9M	154.8M	165.0M	141.7M	163.0M	163.5M
Other Current Assets	62.4M	63.9M	23.3M	28.1M	25.3M	41.0M
Other Stockholder Equity	759.8M	712.4M	727.8M	542.6M	488.3M	623.9M
Total Liab	1.2B	1.2B	1.2B	949.8M	1.1B	1.2B
Deferred Long Term Liab	7.9M	5.5M	7.2M	7.3M	8.4M	7.1M
Total Current Assets	2.1B	1.9B	2.4B	2.1B	2.4B	1.8B
Intangible Assets	307.4M	302.4M	423.7M	424.9M	488.6M	366.6M
Property Plant Equipment	841.9M	783.1M	989.5M	872.1M	784.9M	769.0M
Non Current Assets Total	3.1B	3.3B	2.9B	3.0B	2.7B	2.5B
Non Currrent Assets Other	33.3M	5.8M	5.9M	26.4M	23.8M	22.6M
Non Current Liabilities Total	359.4M	446.4M	307.3M	360.2M	414.2M	380.9M
Short Long Term Debt	72.5M	52.9M	91.1M	20M	23M	21.9M
Net Invested Capital	3.6B	3.6B	3.9B	4.0B	4.5B	4.0B
Net Working Capital	1.2B	1.1B	1.5B	1.5B	1.7B	1.2B
Property Plant And Equipment Net	782.4M	989.5M	872.1M	926.2M	1.1B	969.9M
Property Plant And Equipment Gross	1.8B	1.9B	872.1M	2.0B	1.8B	1.4B

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

Net Borrowings vs Depreciation

Net Borrowings vs Depreciation Correlation Analysis

Correlation Coefficient

Net Borrowings

Depreciation

Shanghai Jin fundamental ratios Correlations

Shanghai Jin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Jin fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

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Net Tangible Assets	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.98	Retained Earnings
Total Current Assets	+ 0.96	Retained Earnings
Total Current Assets	+ 0.96	Cash
Net Tangible Assets	+ 0.95	Total Assets
Other Stockholder Equity	+ 0.95	Other Liab

Other Stockholder Equity	- 0.92	Retained Earnings
Other Stockholder Equity	- 0.89	Net Receivables
Property Plant Equipment	- 0.87	Total Current Assets
Non Current Assets Total	- 0.87	Retained Earnings
Property Plant Equipment	- 0.86	Inventory
Property Plant Equipment	- 0.85	Retained Earnings