Shenzhen Change To Netincome vs Begin Period Cash Flow Analysis

000021 Stock   17.42  0.09  0.51%   
Shenzhen Kaifa financial indicator trend analysis is much more than just breaking down Shenzhen Kaifa Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Kaifa Technology is a good investment. Please check the relationship between Shenzhen Kaifa Change To Netincome and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Kaifa Technology. 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.

Change To Netincome vs Begin Period Cash Flow

Change To Netincome vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Kaifa Technology Change To Netincome account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shenzhen Kaifa's Change To Netincome and Begin Period Cash Flow is 0.72. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Shenzhen Kaifa Technology, assuming nothing else is changed. The correlation between historical values of Shenzhen Kaifa's Change To Netincome and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Shenzhen Kaifa Technology are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Netincome i.e., Shenzhen Kaifa's Change To Netincome and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Netincome

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Shenzhen Kaifa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Kaifa Technology 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 Shenzhen Kaifa Technology. 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 591 M, whereas Tax Provision is forecasted to decline to about 163.3 M.
 2022 2023 2024 2025 (projected)
Operating Income961.6M1.2B1.3B1.4B
Total Revenue16.1B14.3B16.4B14.2B

Shenzhen Kaifa fundamental ratios Correlations

0.250.960.990.960.970.580.960.580.750.950.110.990.820.610.970.94-0.24-0.020.870.560.740.820.860.890.23
0.250.330.150.320.080.420.190.350.10.330.080.330.410.290.230.33-0.140.130.270.010.220.210.330.240.1
0.960.330.910.930.910.70.870.590.70.870.190.990.820.720.870.87-0.190.010.780.480.680.790.790.790.29
0.990.150.910.950.980.480.980.560.740.960.090.950.790.550.990.94-0.27-0.010.880.580.780.820.840.90.21
0.960.320.930.950.930.510.930.710.720.960.20.960.920.610.950.96-0.390.090.840.420.80.870.790.860.24
0.970.080.910.980.930.470.940.530.770.910.130.930.790.540.950.91-0.24-0.090.850.540.780.810.810.870.19
0.580.420.70.480.510.470.420.290.640.44-0.130.670.420.820.420.430.1-0.010.540.450.250.390.590.530.16
0.960.190.870.980.930.940.420.620.690.980.110.910.790.490.980.94-0.31-0.080.90.640.80.850.860.920.3
0.580.350.590.560.710.530.290.620.420.690.450.610.810.380.590.68-0.37-0.090.580.190.520.860.560.580.53
0.750.10.70.740.720.770.640.690.420.660.080.730.570.720.730.69-0.190.030.840.560.590.670.750.840.11
0.950.330.870.960.960.910.440.980.690.660.150.920.870.490.980.95-0.34-0.050.910.570.810.850.860.920.23
0.110.080.190.090.20.13-0.130.110.450.080.150.140.310.130.090.13-0.210.070.070.00.20.330.050.080.31
0.990.330.990.950.960.930.670.910.610.730.920.140.840.670.920.91-0.22-0.010.830.490.680.810.840.840.26
0.820.410.820.790.920.790.420.790.810.570.870.310.840.520.820.85-0.36-0.020.740.20.740.850.720.740.14
0.610.290.720.550.610.540.820.490.380.720.490.130.670.520.480.510.00.240.550.360.510.540.450.530.21
0.970.230.870.990.950.950.420.980.590.730.980.090.920.820.480.97-0.340.020.910.560.80.830.860.930.2
0.940.330.870.940.960.910.430.940.680.690.950.130.910.850.510.97-0.40.130.860.460.820.880.810.880.33
-0.24-0.14-0.19-0.27-0.39-0.240.1-0.31-0.37-0.19-0.34-0.21-0.22-0.360.0-0.34-0.4-0.29-0.28-0.07-0.36-0.37-0.22-0.28-0.19
-0.020.130.01-0.010.09-0.09-0.01-0.08-0.090.03-0.050.07-0.01-0.020.240.020.13-0.29-0.09-0.190.18-0.07-0.25-0.1-0.04
0.870.270.780.880.840.850.540.90.580.840.910.070.830.740.550.910.86-0.28-0.090.740.770.810.941.00.17
0.560.010.480.580.420.540.450.640.190.560.570.00.490.20.360.560.46-0.07-0.190.740.470.440.70.730.28
0.740.220.680.780.80.780.250.80.520.590.810.20.680.740.510.80.82-0.360.180.770.470.780.60.750.2
0.820.210.790.820.870.810.390.850.860.670.850.330.810.850.540.830.88-0.37-0.070.810.440.780.760.810.5
0.860.330.790.840.790.810.590.860.560.750.860.050.840.720.450.860.81-0.22-0.250.940.70.60.760.950.17
0.890.240.790.90.860.870.530.920.580.840.920.080.840.740.530.930.88-0.28-0.11.00.730.750.810.950.18
0.230.10.290.210.240.190.160.30.530.110.230.310.260.140.210.20.33-0.19-0.040.170.280.20.50.170.18
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Shenzhen Kaifa Account Relationship Matchups

Shenzhen Kaifa fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets21.6B27.0B27.8B27.4B31.5B33.1B
Other Current Liab1.1B1.3B1.6B69.3M79.7M75.7M
Total Current Liabilities11.4B14.5B13.4B12.7B14.6B15.3B
Total Stockholder Equity7.6B9.8B10.3B11.0B12.6B13.2B
Retained Earnings5.2B5.7B6.1B5.6B6.5B6.8B
Accounts Payable2.2B3.1B2.5B3.4B3.9B4.1B
Cash7.5B8.5B8.9B7.7B8.9B4.7B
Other Assets913.2M918.5M1.7B2.0B2.3B2.4B
Net Receivables2.9B2.8B2.7B3.7B4.2B2.1B
Inventory2.4B3.5B4.5B3.5B4.1B4.3B
Other Current Assets202.6M328.3M428.9M373.8M429.8M289.7M
Total Liab13.6B15.6B15.9B14.6B16.8B17.6B
Intangible Assets602.6M595.0M593.4M456.0M524.4M550.7M
Property Plant Equipment3.8B5.0B6.8B7.2B8.3B8.7B
Other Liab213.3M375.8M461.7M438.4M504.2M529.4M
Net Tangible Assets6.3B7.0B9.2B9.7B11.2B7.4B
Other Stockholder Equity284.7M142.0M416.7M474.3M545.4M338.3M
Deferred Long Term Liab172.1M143.4M222.2M188.2M216.5M192.5M
Total Current Assets14.1B16.7B16.6B15.7B18.1B14.0B
Non Current Assets Total7.5B10.4B11.2B11.7B13.4B8.6B
Non Currrent Assets Other44.6M54.3M87.5M179.9M161.9M117.4M
Non Current Liabilities Total2.2B1.1B2.4B1.9B2.2B1.2B
Short Long Term Debt7.8B8.1B8.7B5.6B6.4B7.8B
Non Current Liabilities Other8.8M2.6M1.9M7.8M7.0M4.1M
Net Debt3.4B2.1B226.3M1.8B2.1B1.7B
Net Invested Capital17.2B18.6B21.0B17.9B20.6B18.3B
Net Working Capital2.7B2.2B3.2B3.1B3.5B2.2B
Property Plant And Equipment Net5.0B6.8B7.2B6.8B7.8B6.5B
Property Plant And Equipment Gross9.6B11.6B7.2B6.8B6.1B6.9B

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Kaifa Technology at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Kaifa Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Kaifa 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.