Shanghai Net Receivables vs Common Stock Analysis

900923 Stock   0.64  0.02  3.03%   
Shanghai Bailian financial indicator trend analysis is much more than just breaking down Shanghai Bailian prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Bailian is a good investment. Please check the relationship between Shanghai Bailian Net Receivables and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Bailian 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 nation.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Bailian Net Receivables account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shanghai Bailian's Net Receivables and Common Stock is -0.34. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock in the same time period over historical financial statements of Shanghai Bailian Group, assuming nothing else is changed. The correlation between historical values of Shanghai Bailian's Net Receivables and Common Stock 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 Bailian Group are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., Shanghai Bailian's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Common Stock

Most indicators from Shanghai Bailian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Bailian 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 Bailian 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 nation.
The current year's Selling General Administrative is expected to grow to about 5.6 B, whereas Tax Provision is forecasted to decline to about 469.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit8.0B8.1B7.3B7.6B
Total Revenue32.3B30.5B27.5B33.3B

Shanghai Bailian fundamental ratios Correlations

-0.430.930.95-0.590.940.920.80.9-0.610.67-0.390.720.79-0.42-0.28-0.780.99-0.54-0.890.480.940.380.750.750.98
-0.43-0.62-0.470.69-0.5-0.25-0.75-0.530.63-0.380.31-0.79-0.710.730.260.55-0.410.80.31-0.09-0.58-0.19-0.14-0.7-0.32
0.93-0.620.95-0.750.940.870.930.87-0.680.56-0.420.860.74-0.59-0.19-0.860.92-0.74-0.830.520.960.490.70.890.86
0.95-0.470.95-0.620.980.930.850.79-0.530.49-0.290.70.69-0.6-0.2-0.740.91-0.61-0.880.580.880.550.820.860.91
-0.590.69-0.75-0.62-0.55-0.65-0.75-0.570.92-0.520.3-0.73-0.550.73-0.250.9-0.590.90.7-0.39-0.73-0.41-0.6-0.75-0.51
0.94-0.50.940.98-0.550.870.860.81-0.460.51-0.30.730.73-0.52-0.3-0.670.9-0.58-0.80.480.870.460.70.860.89
0.92-0.250.870.93-0.650.870.710.73-0.590.52-0.280.560.57-0.45-0.01-0.810.91-0.56-0.950.650.840.570.90.70.92
0.8-0.750.930.85-0.750.860.710.81-0.70.58-0.230.890.69-0.68-0.14-0.790.78-0.74-0.740.330.890.40.560.880.72
0.9-0.530.870.79-0.570.810.730.81-0.650.74-0.540.840.81-0.29-0.41-0.770.92-0.49-0.720.20.960.120.50.660.85
-0.610.63-0.68-0.530.92-0.46-0.59-0.7-0.65-0.740.26-0.74-0.650.58-0.190.89-0.630.780.7-0.23-0.74-0.2-0.49-0.6-0.56
0.67-0.380.560.49-0.520.510.520.580.74-0.74-0.090.60.74-0.13-0.02-0.610.69-0.34-0.64-0.170.71-0.250.260.410.67
-0.390.31-0.42-0.290.3-0.3-0.28-0.23-0.540.26-0.09-0.52-0.420.050.590.37-0.410.350.11-0.17-0.47-0.04-0.18-0.34-0.28
0.72-0.790.860.7-0.730.730.560.890.84-0.740.6-0.520.77-0.54-0.34-0.740.72-0.78-0.530.190.870.230.350.830.6
0.79-0.710.740.69-0.550.730.570.690.81-0.650.74-0.420.77-0.44-0.48-0.60.79-0.61-0.590.130.780.070.360.670.75
-0.420.73-0.59-0.60.73-0.52-0.45-0.68-0.290.58-0.130.05-0.54-0.44-0.080.55-0.360.770.51-0.49-0.44-0.59-0.59-0.76-0.37
-0.280.26-0.19-0.2-0.25-0.3-0.01-0.14-0.41-0.19-0.020.59-0.34-0.48-0.08-0.13-0.27-0.03-0.140.07-0.230.090.12-0.15-0.23
-0.780.55-0.86-0.740.9-0.67-0.81-0.79-0.770.89-0.610.37-0.74-0.60.55-0.13-0.810.780.85-0.51-0.89-0.45-0.7-0.67-0.73
0.99-0.410.920.91-0.590.90.910.780.92-0.630.69-0.410.720.79-0.36-0.27-0.81-0.53-0.880.470.950.350.720.70.98
-0.540.8-0.74-0.610.9-0.58-0.56-0.74-0.490.78-0.340.35-0.78-0.610.77-0.030.78-0.530.54-0.51-0.67-0.56-0.48-0.8-0.45
-0.890.31-0.83-0.880.7-0.8-0.95-0.74-0.720.7-0.640.11-0.53-0.590.51-0.140.85-0.880.54-0.55-0.83-0.48-0.88-0.65-0.91
0.48-0.090.520.58-0.390.480.650.330.2-0.23-0.17-0.170.190.13-0.490.07-0.510.47-0.51-0.550.390.940.770.430.5
0.94-0.580.960.88-0.730.870.840.890.96-0.740.71-0.470.870.78-0.44-0.23-0.890.95-0.67-0.830.390.330.630.770.88
0.38-0.190.490.55-0.410.460.570.40.12-0.2-0.25-0.040.230.07-0.590.09-0.450.35-0.56-0.480.940.330.690.460.37
0.75-0.140.70.82-0.60.70.90.560.5-0.490.26-0.180.350.36-0.590.12-0.70.72-0.48-0.880.770.630.690.620.77
0.75-0.70.890.86-0.750.860.70.880.66-0.60.41-0.340.830.67-0.76-0.15-0.670.7-0.8-0.650.430.770.460.620.66
0.98-0.320.860.91-0.510.890.920.720.85-0.560.67-0.280.60.75-0.37-0.23-0.730.98-0.45-0.910.50.880.370.770.66
Click cells to compare fundamentals

Shanghai Bailian Account Relationship Matchups

Shanghai Bailian fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets54.1B57.8B57.7B56.3B64.7B56.3B
Other Current Liab16.0B15.0B12.9B3.6B3.2B3.1B
Total Current Liabilities23.8B24.3B25.3B25.7B29.5B25.9B
Total Stockholder Equity18.3B17.9B17.6B17.8B20.5B18.9B
Other Liab1.8B1.6B1.6B1.4B1.3B1.3B
Net Tangible Assets14.8B14.2B13.9B14.1B16.2B14.9B
Retained Earnings10.7B10.6B11.0B9.7B11.1B10.6B
Accounts Payable6.1B5.5B6.2B6.9B7.9B6.6B
Cash16.2B15.5B19.2B19.4B22.3B15.7B
Other Assets1.9B1.8B1.6B1.3B1.2B1.4B
Long Term Debt1.1B1.5B2.0B1.8B2.1B1.5B
Net Receivables797.0M770.5M674.1M846.1M761.5M717.8M
Short Term Investments260.0M1.2B1.4B1.8B2.1B2.2B
Inventory3.2B3.4B3.6B3.0B2.7B2.6B
Other Current Assets627.9M932.9M468.4M161.6M145.4M138.1M
Other Stockholder Equity3.4B2.8B2.5B1.7B1.6B2.2B
Total Liab32.7B37.4B37.6B36.6B42.1B33.9B
Deferred Long Term Liab1.2B1.2B1.1B1.0B906.3M877.4M
Short Long Term Debt770.6M1.4B820.8M743.9M855.4M953.2M
Total Current Assets21.7B22.5B25.9B25.8B29.7B23.2B
Intangible Assets4.0B3.8B3.4B3.3B3.7B3.7B
Property Plant Equipment23.4B21.1B24.6B22.3B25.7B21.1B
Non Current Assets Total32.6B35.4B31.8B30.5B35.1B33.7B
Non Currrent Assets Other212.5M196.9M952.1K594.1K534.7K507.9K
Non Current Liabilities Total9.0B13.0B12.3B11.0B12.6B8.7B
Non Current Liabilities Other130.5M152.2M165.1M127.2M114.4M136.3M
Net Invested Capital20.2B20.8B20.4B20.4B23.4B22.0B
Net Working Capital(2.1B)(1.9B)618.0M118.2M136.0M142.8M
Property Plant And Equipment Net21.1B24.6B22.3B21.5B19.3B18.0B
Capital Lease Obligations6.2B9.9B8.9B7.7B8.9B8.7B
Property Plant And Equipment Gross31.4B35.5B22.3B33.1B29.8B24.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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