Shenwan Total Assets vs Long Term Investments 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 Total Assets and its Long Term Investments 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.

Total Assets vs Long Term Investments

Total Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenwan Hongyuan Total Assets account and Long Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenwan Hongyuan's Total Assets and Long Term Investments is 0.9. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Investments 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 Total Assets 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 Total Assets of Shenwan Hongyuan Group 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 Total Assets i.e., Shenwan Hongyuan's Total Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Shenwan Hongyuan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shenwan Hongyuan books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Investments

Long Term Investments is an item on the asset side of Shenwan Hongyuan balance sheet that represents investments Shenwan Hongyuan intends to hold for over a year. Shenwan Hongyuan Group long term investments may include different instruments such as stocks, bonds, real estate and cash.
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.