Shanghai Retained Earnings vs Long Term Investments Analysis

900926 Stock   1.62  0.04  2.41%   
Shanghai Baosight financial indicator trend analysis is much more than just breaking down Shanghai Baosight prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Baosight is a good investment. Please check the relationship between Shanghai Baosight Retained Earnings and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Baosight Software. 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.

Retained Earnings vs Long Term Investments

Retained Earnings vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Baosight Retained Earnings account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shanghai Baosight's Retained Earnings and Long Term Investments is 0.86. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Shanghai Baosight Software, assuming nothing else is changed. The correlation between historical values of Shanghai Baosight's Retained Earnings 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 Retained Earnings of Shanghai Baosight Software 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 Retained Earnings i.e., Shanghai Baosight's Retained Earnings and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Long Term Investments

Long Term Investments is an item on the asset side of Shanghai Baosight balance sheet that represents investments Shanghai Baosight intends to hold for over a year. Shanghai Baosight Software long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Shanghai Baosight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Baosight 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 Baosight Software. 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.
As of November 25, 2024, Selling General Administrative is expected to decline to about 123.8 M. In addition to that, Tax Provision is expected to decline to about 110.4 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue7.9B8.8B8.1B8.6B
Total Revenue11.8B13.1B12.9B13.6B

Shanghai Baosight fundamental ratios Correlations

0.410.980.980.910.910.960.96-0.060.440.830.950.510.980.660.980.960.980.890.9-0.070.880.830.810.910.89
0.410.490.380.30.070.340.48-0.090.180.550.490.890.420.310.290.420.480.240.5-0.080.580.430.630.530.43
0.980.490.930.850.890.90.91-0.170.350.820.990.560.990.620.940.910.930.90.89-0.180.840.780.820.930.83
0.980.380.930.930.880.980.97-0.060.520.830.890.490.930.670.970.990.990.830.9-0.060.90.870.760.880.94
0.910.30.850.930.860.890.88-0.010.630.740.810.40.860.830.870.890.930.730.76-0.010.760.730.640.740.8
0.910.070.890.880.860.860.8-0.170.420.670.860.240.910.590.930.830.850.880.76-0.170.670.680.630.780.73
0.960.340.90.980.890.860.970.10.490.750.860.420.910.630.950.970.960.790.880.10.890.870.710.860.93
0.960.480.910.970.880.80.970.020.450.870.880.530.910.590.930.980.970.760.910.020.960.910.740.880.96
-0.06-0.09-0.17-0.06-0.01-0.170.10.020.03-0.21-0.18-0.17-0.060.02-0.08-0.06-0.05-0.16-0.141.00.00.01-0.13-0.12-0.03
0.440.180.350.520.630.420.490.450.030.280.250.310.340.610.40.470.560.260.50.040.460.540.380.40.47
0.830.550.820.830.740.670.750.87-0.210.280.820.650.810.450.810.850.840.730.85-0.210.890.790.780.820.81
0.950.490.990.890.810.860.860.88-0.180.250.820.530.980.580.910.870.890.870.85-0.190.810.730.790.920.77
0.510.890.560.490.40.240.420.53-0.170.310.650.530.520.360.460.510.590.450.59-0.170.610.470.80.60.5
0.980.420.990.930.860.910.910.91-0.060.340.810.980.520.640.960.90.930.920.87-0.070.820.760.820.920.8
0.660.310.620.670.830.590.630.590.020.610.450.580.360.640.580.640.690.580.490.010.470.40.580.510.49
0.980.290.940.970.870.930.950.93-0.080.40.810.910.460.960.580.950.950.910.89-0.090.850.810.780.890.89
0.960.420.910.990.890.830.970.98-0.060.470.850.870.510.90.640.950.980.790.91-0.060.930.880.750.870.97
0.980.480.930.990.930.850.960.97-0.050.560.840.890.590.930.690.950.980.810.91-0.050.910.860.80.880.93
0.890.240.90.830.730.880.790.76-0.160.260.730.870.450.920.580.910.790.810.78-0.180.670.620.860.840.66
0.90.50.890.90.760.760.880.91-0.140.50.850.850.590.870.490.890.910.910.78-0.140.950.950.840.970.88
-0.07-0.08-0.18-0.06-0.01-0.170.10.021.00.04-0.21-0.19-0.17-0.070.01-0.09-0.06-0.05-0.18-0.140.010.01-0.14-0.12-0.03
0.880.580.840.90.760.670.890.960.00.460.890.810.610.820.470.850.930.910.670.950.010.960.760.890.95
0.830.430.780.870.730.680.870.910.010.540.790.730.470.760.40.810.880.860.620.950.010.960.680.870.91
0.810.630.820.760.640.630.710.74-0.130.380.780.790.80.820.580.780.750.80.860.84-0.140.760.680.880.67
0.910.530.930.880.740.780.860.88-0.120.40.820.920.60.920.510.890.870.880.840.97-0.120.890.870.880.81
0.890.430.830.940.80.730.930.96-0.030.470.810.770.50.80.490.890.970.930.660.88-0.030.950.910.670.81
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Shanghai Baosight Account Relationship Matchups

Shanghai Baosight fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.3B14.1B17.9B19.6B21.9B23.0B
Other Current Liab1.1B4.2B4.4B4.2B61.3M58.2M
Total Current Liabilities2.9B6.9B7.9B8.5B8.9B9.3B
Total Stockholder Equity7.1B7.3B9.0B9.9B11.3B11.9B
Other Liab135.4M121.0M139.5M157.3M180.9M190.0M
Accounts Payable1.6B1.8B2.1B2.8B4.3B4.5B
Cash3.1B3.8B4.3B4.9B6.0B6.3B
Other Assets844.7M1.0B1.1B1.0B1.2B1.2B
Long Term Debt1.3B398.8K248.4K82.7K95.1K90.4K
Net Receivables3.0B1.6B2.4B2.9B3.3B1.7B
Short Term Investments6.6M5.3M7.9M5.6M5.8M5.7M
Inventory776.8M3.1B3.1B3.1B3.5B3.7B
Other Current Assets309.2M350.4M580.8M684.7M139.6M198.0M
Total Liab3.0B6.6B8.3B8.9B9.8B10.3B
Intangible Assets111.7M98.6M226.3M206.3M192.1M201.7M
Common Stock1.1B1.2B1.5B2.0B2.3B2.4B
Property Plant Equipment1.9B2.0B2.4B2.3B2.7B2.8B
Retained Earnings3.4B3.5B4.3B4.9B4.7B4.9B
Net Tangible Assets7.0B7.7B8.8B9.7B11.2B7.2B
Other Stockholder Equity3.1M2.6M(2.1M)(3.9M)(3.5M)(3.4M)
Deferred Long Term Liab778.8M874.0M943.8M840.4M966.5M682.1M
Short Long Term Debt20.0M20.0M142.5M148.2M91.1M56.5M
Total Current Assets7.2B11.9B13.6B15.5B17.1B11.0B
Non Current Assets Total3.1B3.3B4.2B4.1B4.7B3.5B
Non Currrent Assets Other3.3M545.4K13.7M20.5M24.1M22.9M
Non Current Liabilities Total135.7M106.6M348.3M438.7M900.9M479.6M
Non Current Liabilities Other1.3B398.8K248.4K1.8M1.6M1.5M
Common Stock Shares Outstanding1.5B1.5B1.5B2.0B2.4B1.8B
Net Invested Capital7.1B7.3B9.2B10.1B11.4B9.1B
Net Working Capital4.3B4.3B5.7B7.0B8.2B6.0B
Capital Stock1.1B1.2B1.5B2.0B2.4B1.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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