Shenzhen Change To Netincome vs Change To Account Receivables Analysis

000061 Stock   6.74  0.08  1.20%   
Shenzhen Agricultural financial indicator trend analysis is much more than just breaking down Shenzhen Agricultural prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Agricultural is a good investment. Please check the relationship between Shenzhen Agricultural Change To Netincome and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Agricultural Products. 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 Change To Account Receivables

Change To Netincome vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Agricultural Change To Netincome account and Change To Account Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen Agricultural's Change To Netincome and Change To Account Receivables is 0.54. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Shenzhen Agricultural Products, assuming nothing else is changed. The correlation between historical values of Shenzhen Agricultural's Change To Netincome and Change To Account Receivables 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 Agricultural Products are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Netincome i.e., Shenzhen Agricultural's Change To Netincome and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Netincome

Change To Account Receivables

Most indicators from Shenzhen Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Agricultural 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 Agricultural Products. 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 310.9 M, whereas Tax Provision is forecasted to decline to about 202.9 M.
 2022 2023 2024 2025 (projected)
Operating Income654.1M790.0M908.5M953.9M
Total Revenue4.4B5.5B6.3B6.6B

Shenzhen Agricultural fundamental ratios Correlations

-0.010.980.950.830.60.680.630.810.77-0.120.68-0.040.850.560.870.28-0.43-0.780.780.420.660.62-0.690.180.68
-0.010.01-0.04-0.29-0.36-0.560.25-0.280.120.35-0.450.26-0.240.10.140.080.560.25-0.38-0.38-0.15-0.570.270.65-0.5
0.980.010.940.770.640.670.660.740.66-0.110.67-0.060.830.520.850.4-0.44-0.740.750.40.60.65-0.660.10.67
0.95-0.040.940.710.630.620.580.670.61-0.070.570.150.770.510.910.5-0.41-0.640.710.370.520.61-0.580.060.6
0.83-0.290.770.710.720.90.50.990.76-0.240.91-0.180.970.460.58-0.05-0.71-0.930.850.530.820.72-0.84-0.030.82
0.6-0.360.640.630.720.860.360.670.17-0.490.820.130.780.070.370.46-0.89-0.570.840.410.520.88-0.74-0.370.75
0.68-0.560.670.620.90.860.310.880.44-0.390.95-0.210.90.30.410.11-0.86-0.840.870.610.640.88-0.78-0.360.84
0.630.250.660.580.50.360.310.490.530.270.320.210.570.10.560.26-0.26-0.390.40.310.520.31-0.480.220.43
0.81-0.280.740.670.990.670.880.490.78-0.240.89-0.220.950.420.55-0.13-0.68-0.940.840.550.840.69-0.83-0.020.8
0.770.120.660.610.760.170.440.530.780.170.47-0.250.70.660.67-0.3-0.15-0.770.470.330.650.2-0.480.440.41
-0.120.35-0.11-0.07-0.24-0.49-0.390.27-0.240.17-0.52-0.05-0.150.310.2-0.060.520.19-0.60.02-0.3-0.560.480.12-0.43
0.68-0.450.670.570.910.820.950.320.890.47-0.52-0.210.880.260.350.01-0.84-0.870.90.470.750.85-0.87-0.210.87
-0.040.26-0.060.15-0.180.13-0.210.21-0.22-0.25-0.05-0.21-0.12-0.480.150.58-0.030.34-0.05-0.24-0.09-0.040.020.08-0.13
0.85-0.240.830.770.970.780.90.570.950.7-0.150.88-0.120.470.670.12-0.73-0.90.820.510.760.73-0.8-0.110.8
0.560.10.520.510.460.070.30.10.420.660.310.26-0.480.470.6-0.140.02-0.560.160.130.250.04-0.150.220.15
0.870.140.850.910.580.370.410.560.550.670.20.350.150.670.60.45-0.17-0.550.450.250.390.33-0.370.170.38
0.280.080.40.5-0.050.460.110.26-0.13-0.3-0.060.010.580.12-0.140.45-0.190.150.17-0.03-0.210.33-0.02-0.240.1
-0.430.56-0.44-0.41-0.71-0.89-0.86-0.26-0.68-0.150.52-0.84-0.03-0.730.02-0.17-0.190.57-0.8-0.44-0.63-0.870.780.48-0.78
-0.780.25-0.74-0.64-0.93-0.57-0.84-0.39-0.94-0.770.19-0.870.34-0.9-0.56-0.550.150.57-0.73-0.5-0.72-0.590.70.01-0.69
0.78-0.380.750.710.850.840.870.40.840.47-0.60.9-0.050.820.160.450.17-0.8-0.730.520.760.91-0.9-0.110.87
0.42-0.380.40.370.530.410.610.310.550.330.020.47-0.240.510.130.25-0.03-0.44-0.50.520.430.47-0.47-0.260.39
0.66-0.150.60.520.820.520.640.520.840.65-0.30.75-0.090.760.250.39-0.21-0.63-0.720.760.430.57-0.920.040.74
0.62-0.570.650.610.720.880.880.310.690.2-0.560.85-0.040.730.040.330.33-0.87-0.590.910.470.57-0.77-0.40.91
-0.690.27-0.66-0.58-0.84-0.74-0.78-0.48-0.83-0.480.48-0.870.02-0.8-0.15-0.37-0.020.780.7-0.9-0.47-0.92-0.770.03-0.84
0.180.650.10.06-0.03-0.37-0.360.22-0.020.440.12-0.210.08-0.110.220.17-0.240.480.01-0.11-0.260.04-0.40.03-0.29
0.68-0.50.670.60.820.750.840.430.80.41-0.430.87-0.130.80.150.380.1-0.78-0.690.870.390.740.91-0.84-0.29
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Shenzhen Agricultural Account Relationship Matchups

Shenzhen Agricultural fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets19.4B20.7B21.0B21.3B24.5B12.4B
Other Current Liab1.4B1.6B1.7B26.5M30.5M28.9M
Total Current Liabilities7.5B7.8B8.3B8.7B10.0B5.1B
Total Stockholder Equity5.4B5.7B5.7B6.1B7.0B3.8B
Other Liab2.7B2.6B2.9B2.8B3.2B3.4B
Retained Earnings909.5M1.2B1.3B1.2B1.4B1.5B
Accounts Payable943.2M1.0B1.3B1.6B1.8B1.9B
Cash1.4B1.5B1.5B1.6B1.8B1.4B
Other Assets8.3B8.5B8.0B8.2B9.4B9.9B
Long Term Debt2.1B1.9B1.7B1.4B1.7B1.1B
Net Receivables95.9M124.8M205.0M271.3M312.0M489.7M
Inventory705.7M907.2M849.3M903.0M1.0B1.1B
Other Current Assets349.4M491.6M427.2M198.3M228.0M302.4M
Total Liab12.3B13.2B13.5B13.4B15.4B16.1B
Intangible Assets1.6B1.6B1.4B1.3B1.5B957.4M
Property Plant Equipment3.1B3.6B4.8B5.3B6.1B3.7B
Net Tangible Assets3.4B3.8B4.1B4.3B4.9B3.5B
Other Stockholder Equity(159.2K)(278.9K)(333.2K)(157.8K)(181.5K)(190.6K)
Deferred Long Term Liab347.0M365.3M291.6M259.1M297.9M301.0M
Non Current Assets Total16.0B16.7B17.3B17.6B20.2B17.6B
Non Currrent Assets Other16.5M17.8M25.6M17.8M16.0M15.2M
Non Current Liabilities Total4.8B5.4B5.2B4.7B4.2B4.1B
Short Long Term Debt4.6B4.6B4.5B4.8B5.5B4.9B
Total Current Assets3.4B3.9B3.7B3.7B4.3B4.0B
Non Current Liabilities Other2.1B2.5B147.0M114.1M102.7M97.5M
Net Debt5.3B5.0B4.7B4.7B4.2B3.9B
Net Invested Capital12.1B12.2B11.9B12.4B14.2B13.2B
Net Working Capital(4.1B)(3.9B)(4.7B)(5.0B)(4.5B)(4.7B)
Property Plant And Equipment Net4.0B4.8B5.3B5.0B5.7B5.0B
Property Plant And Equipment Gross5.2B6.1B5.3B6.5B7.5B6.1B

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Other Information on Investing in Shenzhen Stock

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