Shenwan Property Plant Equipment vs Retained Earnings Analysis

000166 Stock   5.41  0.04  0.74%   
Shenwan Hongyuan financial indicator trend analysis is much more than just breaking down Shenwan Hongyuan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenwan Hongyuan is a good investment. Please check the relationship between Shenwan Hongyuan Property Plant Equipment and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenwan Hongyuan 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.

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenwan Hongyuan Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenwan Hongyuan's Property Plant Equipment and Retained Earnings is 0.88. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shenwan Hongyuan Group, assuming nothing else is changed. The correlation between historical values of Shenwan Hongyuan's Property Plant Equipment and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Shenwan Hongyuan Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant Equipment i.e., Shenwan Hongyuan's Property Plant Equipment and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant Equipment

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.
Most indicators from Shenwan Hongyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenwan Hongyuan 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 Shenwan Hongyuan 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 Tax Provision is expected to grow to about 766.6 M, whereas Selling General Administrative is forecasted to decline to about 8.6 B.
 2023 2024 (projected)
Operating Income8.6B6.6B
Total Revenue20.9B17.5B

Shenwan Hongyuan fundamental ratios Correlations

0.9-0.050.84-0.060.950.88-0.080.881.00.780.850.880.550.820.10.880.00.88-0.75-0.870.90.76-0.860.880.73
0.9-0.050.94-0.320.870.73-0.020.860.90.760.980.970.610.57-0.020.9-0.160.68-0.79-0.830.90.71-0.850.820.73
-0.05-0.050.0-0.38-0.160.02-0.12-0.18-0.040.060.00.05-0.11-0.10.09-0.180.11-0.130.210.17-0.18-0.10.19-0.17-0.16
0.840.940.0-0.520.820.6-0.030.830.850.620.90.880.630.44-0.110.76-0.190.56-0.74-0.720.780.57-0.770.640.73
-0.06-0.32-0.38-0.52-0.030.2-0.06-0.23-0.080.08-0.35-0.25-0.390.390.410.030.360.30.2-0.070.020.180.030.19-0.14
0.950.87-0.160.82-0.030.86-0.040.80.950.780.820.850.460.80.10.90.030.87-0.8-0.90.940.77-0.860.870.8
0.880.730.020.60.20.86-0.220.640.870.790.680.740.290.890.240.860.090.91-0.65-0.880.860.76-0.840.910.63
-0.08-0.02-0.12-0.03-0.06-0.04-0.22-0.01-0.070.070.040.050.05-0.16-0.1-0.06-0.09-0.14-0.010.07-0.05-0.080.06-0.11-0.02
0.880.86-0.180.83-0.230.80.64-0.010.890.490.860.790.820.54-0.250.7-0.320.61-0.8-0.660.710.46-0.730.70.59
1.00.9-0.040.85-0.080.950.87-0.070.890.780.850.880.560.810.10.880.010.87-0.75-0.860.90.75-0.850.870.73
0.780.760.060.620.080.780.790.070.490.780.70.820.190.810.450.870.230.84-0.52-0.80.910.93-0.710.80.54
0.850.980.00.9-0.350.820.680.040.860.850.70.950.70.48-0.170.82-0.290.58-0.82-0.750.830.59-0.790.750.65
0.880.970.050.88-0.250.850.740.050.790.880.820.950.480.60.120.89-0.020.69-0.67-0.850.890.76-0.80.820.69
0.550.61-0.110.63-0.390.460.290.050.820.560.190.70.480.16-0.630.34-0.670.21-0.78-0.210.370.06-0.410.30.27
0.820.57-0.10.440.390.80.89-0.160.540.810.810.480.60.160.430.780.260.98-0.49-0.780.820.84-0.690.830.47
0.1-0.020.09-0.110.410.10.24-0.1-0.250.10.45-0.170.12-0.630.430.260.890.390.37-0.320.250.61-0.070.260.14
0.880.9-0.180.760.030.90.86-0.060.70.880.870.820.890.340.780.260.070.87-0.7-0.960.980.89-0.940.970.79
0.0-0.160.11-0.190.360.030.09-0.09-0.320.010.23-0.29-0.02-0.670.260.890.070.230.48-0.190.080.40.110.080.17
0.880.68-0.130.560.30.870.91-0.140.610.870.840.580.690.210.980.390.870.23-0.56-0.860.890.88-0.80.90.63
-0.75-0.790.21-0.740.2-0.8-0.65-0.01-0.8-0.75-0.52-0.82-0.67-0.78-0.490.37-0.70.48-0.560.61-0.72-0.430.78-0.67-0.63
-0.87-0.830.17-0.72-0.07-0.9-0.880.07-0.66-0.86-0.8-0.75-0.85-0.21-0.78-0.32-0.96-0.19-0.860.61-0.93-0.840.92-0.95-0.82
0.90.9-0.180.780.020.940.86-0.050.710.90.910.830.890.370.820.250.980.080.89-0.72-0.930.91-0.890.930.74
0.760.71-0.10.570.180.770.76-0.080.460.750.930.590.760.060.840.610.890.40.88-0.43-0.840.91-0.740.840.62
-0.86-0.850.19-0.770.03-0.86-0.840.06-0.73-0.85-0.71-0.79-0.8-0.41-0.69-0.07-0.940.11-0.80.780.92-0.89-0.74-0.93-0.85
0.880.82-0.170.640.190.870.91-0.110.70.870.80.750.820.30.830.260.970.080.9-0.67-0.950.930.84-0.930.75
0.730.73-0.160.73-0.140.80.63-0.020.590.730.540.650.690.270.470.140.790.170.63-0.63-0.820.740.62-0.850.75
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Shenwan Hongyuan Account Relationship Matchups

Shenwan Hongyuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets388.5B491.1B601.0B613.1B635.4B667.2B
Total Stockholder Equity83.2B88.5B95.2B95.0B100.1B56.4B
Other Liab13.9B15.2B17.1B17.1B15.4B17.2B
Retained Earnings39.1B45.0B51.5B51.5B32.2B28.5B
Accounts Payable185.6M351.4M404.6M311.3M41.7B43.8B
Cash108.4B209.6B238.3B230.5B218.6B229.6B
Other Assets24.3B37.2B26.0B45.0B51.7B54.3B
Total Liab303.7B401.0B494.0B496.4B506.6B532.0B
Intangible Assets143.7M187.9M250.2M291.3M311.6M180.6M
Property Plant Equipment2.1B2.2B2.3B2.3B2.6B1.4B
Other Current Liab3.6B10.3B24.6B38.8B44.6B46.8B
Total Current Liabilities113.3B163.8B177.7B174.2B200.4B149.8B
Net Tangible Assets83.1B88.3B95.0B94.8B109.0B80.8B
Net Receivables55.9B78.1B81.2B67.0B77.0B72.0B
Other Current Assets77.0B96.0B175.5B189.3B217.7B228.5B
Other Stockholder Equity(331.5M)(930.7M)(640.3M)(840.6M)(756.6M)(794.4M)
Deferred Long Term Liab110.0M91.0M103.2M97.6M87.8M103.8M
Long Term Investments179.0B243.7B324.7B352.0B398.3B224.6B
Total Current Assets320.9B408.9B546.4B541.9B623.2B398.1B
Inventory1.1B2.0B2.2B719.5M827.4M1.3B
Net Invested Capital204.4B255.9B263.3B273.3B268.7B251.1B

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Other Information on Investing in Shenwan Stock

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