Shan Net Income vs Change In Working Capital Analysis

000423 Stock

62.80 0.79 1.27%

Shan Dong financial indicator trend analysis is much more than just breaking down Shan Dong Dong prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shan Dong Dong is a good investment. Please check the relationship between Shan Dong Net Income and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shan Dong Dong E. 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.

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shan Dong Dong Net Income account and Change In Working Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shan Dong's Net Income and Change In Working Capital is -0.23. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Shan Dong Dong E, assuming nothing else is changed. The correlation between historical values of Shan Dong's Net Income and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Shan Dong Dong E are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Net Income i.e., Shan Dong's Net Income and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

-0.23

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Shan Dong Dong financial statement analysis. It represents the amount of money remaining after all of Shan Dong Dong E operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Shan Dong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shan Dong Dong 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 Shan Dong Dong E. 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 January 18, 2025, Selling General Administrative is expected to decline to about 999.5 M. In addition to that, Tax Provision is expected to decline to about 160.3 M

	2022	2023	2024	2025 (projected)
Gross Profit	2.8B	3.3B	3.0B	2.6B
Research Development	137.7M	173.2M	155.9M	144.4M

Gross Profit Research Development

Shan Dong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Good Will	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.19	0.93	1.0	0.99	0.54	0.69	0.3	0.79	0.52	-0.59	0.94	0.85	0.57	0.95	0.7	0.32	0.72	0.9	0.12	0.44	0.72	0.86	0.77	-0.57	0.54
Other Current Liab	-0.19		-0.2	-0.19	-0.19	0.21	-0.41	0.4	-0.17	0.27	0.33	-0.21	-0.09	0.3	-0.09	0.1	0.14	-0.33	-0.29	0.2	0.1	-0.22	-0.33	-0.22	-0.01	-0.35
Total Current Liabilities	0.93	-0.2		0.9	0.88	0.56	0.74	0.2	0.8	0.41	-0.51	1.0	0.69	0.49	0.79	0.55	0.35	0.62	0.83	0.25	0.36	0.57	0.88	0.6	-0.32	0.41
Total Stockholder Equity	1.0	-0.19	0.9		1.0	0.53	0.66	0.32	0.77	0.54	-0.61	0.91	0.88	0.57	0.96	0.72	0.3	0.72	0.91	0.1	0.47	0.75	0.84	0.8	-0.61	0.55
Retained Earnings	0.99	-0.19	0.88	1.0		0.54	0.61	0.36	0.76	0.58	-0.66	0.88	0.91	0.52	0.96	0.72	0.22	0.7	0.92	0.1	0.49	0.76	0.84	0.82	-0.65	0.55
Accounts Payable	0.54	0.21	0.56	0.53	0.54		-0.03	0.64	0.51	0.85	-0.31	0.53	0.54	0.36	0.52	0.55	0.01	-0.09	0.51	0.74	0.79	0.22	0.48	0.43	-0.15	-0.17
Cash	0.69	-0.41	0.74	0.66	0.61	-0.03		-0.3	0.45	-0.23	-0.36	0.77	0.39	0.35	0.56	0.24	0.49	0.88	0.63	-0.31	-0.23	0.57	0.7	0.45	-0.34	0.72
Net Receivables	0.3	0.4	0.2	0.32	0.36	0.64	-0.3		0.19	0.75	-0.24	0.17	0.49	0.17	0.36	0.57	-0.2	-0.26	0.37	0.27	0.74	0.33	0.23	0.5	-0.29	-0.24
Short Term Investments	0.79	-0.17	0.8	0.77	0.76	0.51	0.45	0.19		0.45	-0.4	0.8	0.57	0.53	0.66	0.52	0.21	0.53	0.7	0.43	0.29	0.43	0.76	0.35	-0.23	0.47
Inventory	0.52	0.27	0.41	0.54	0.58	0.85	-0.23	0.75	0.45		-0.38	0.38	0.64	0.34	0.59	0.65	-0.13	-0.13	0.45	0.58	0.91	0.24	0.32	0.47	-0.28	-0.21
Other Current Assets	-0.59	0.33	-0.51	-0.61	-0.66	-0.31	-0.36	-0.24	-0.4	-0.38		-0.52	-0.78	0.18	-0.57	-0.28	0.4	-0.35	-0.68	0.0	-0.32	-0.63	-0.61	-0.63	0.56	-0.48
Total Liab	0.94	-0.21	1.0	0.91	0.88	0.53	0.77	0.17	0.8	0.38	-0.52		0.7	0.5	0.8	0.54	0.37	0.67	0.84	0.22	0.32	0.59	0.89	0.6	-0.34	0.46
Intangible Assets	0.85	-0.09	0.69	0.88	0.91	0.54	0.39	0.49	0.57	0.64	-0.78	0.7		0.31	0.88	0.63	-0.03	0.51	0.86	0.04	0.54	0.81	0.72	0.88	-0.75	0.48
Common Stock	0.57	0.3	0.49	0.57	0.52	0.36	0.35	0.17	0.53	0.34	0.18	0.5	0.31		0.62	0.62	0.77	0.49	0.35	0.06	0.15	0.32	0.34	0.27	-0.18	0.24
Property Plant Equipment	0.95	-0.09	0.79	0.96	0.96	0.52	0.56	0.36	0.66	0.59	-0.57	0.8	0.88	0.62		0.79	0.31	0.7	0.82	0.03	0.48	0.72	0.71	0.81	-0.67	0.5
Other Assets	0.7	0.1	0.55	0.72	0.72	0.55	0.24	0.57	0.52	0.65	-0.28	0.54	0.63	0.62	0.79		0.23	0.36	0.62	0.12	0.53	0.57	0.54	0.6	-0.4	0.21
Good Will	0.32	0.14	0.35	0.3	0.22	0.01	0.49	-0.2	0.21	-0.13	0.4	0.37	-0.03	0.77	0.31	0.23		0.5	0.12	-0.14	-0.18	0.09	0.18	0.1	0.08	0.15
Other Liab	0.72	-0.33	0.62	0.72	0.7	-0.09	0.88	-0.26	0.53	-0.13	-0.35	0.67	0.51	0.49	0.7	0.36	0.5		0.64	-0.34	-0.19	0.65	0.63	0.52	-0.59	0.86
Net Tangible Assets	0.9	-0.29	0.83	0.91	0.92	0.51	0.63	0.37	0.7	0.45	-0.68	0.84	0.86	0.35	0.82	0.62	0.12	0.64		0.09	0.45	0.87	0.96	0.85	-0.63	0.61
Other Stockholder Equity	0.12	0.2	0.25	0.1	0.1	0.74	-0.31	0.27	0.43	0.58	0.0	0.22	0.04	0.06	0.03	0.12	-0.14	-0.34	0.09		0.56	-0.32	0.15	-0.15	0.25	-0.39
Deferred Long Term Liab	0.44	0.1	0.36	0.47	0.49	0.79	-0.23	0.74	0.29	0.91	-0.32	0.32	0.54	0.15	0.48	0.53	-0.18	-0.19	0.45	0.56		0.19	0.31	0.5	-0.24	-0.32
Long Term Investments	0.72	-0.22	0.57	0.75	0.76	0.22	0.57	0.33	0.43	0.24	-0.63	0.59	0.81	0.32	0.72	0.57	0.09	0.65	0.87	-0.32	0.19		0.78	0.87	-0.74	0.72
Total Current Assets	0.86	-0.33	0.88	0.84	0.84	0.48	0.7	0.23	0.76	0.32	-0.61	0.89	0.72	0.34	0.71	0.54	0.18	0.63	0.96	0.15	0.31	0.78		0.69	-0.42	0.59
Non Current Assets Total	0.77	-0.22	0.6	0.8	0.82	0.43	0.45	0.5	0.35	0.47	-0.63	0.6	0.88	0.27	0.81	0.6	0.1	0.52	0.85	-0.15	0.5	0.87	0.69		-0.76	0.45
Non Currrent Assets Other	-0.57	-0.01	-0.32	-0.61	-0.65	-0.15	-0.34	-0.29	-0.23	-0.28	0.56	-0.34	-0.75	-0.18	-0.67	-0.4	0.08	-0.59	-0.63	0.25	-0.24	-0.74	-0.42	-0.76		-0.65
Non Current Liabilities Total	0.54	-0.35	0.41	0.55	0.55	-0.17	0.72	-0.24	0.47	-0.21	-0.48	0.46	0.48	0.24	0.5	0.21	0.15	0.86	0.61	-0.39	-0.32	0.72	0.59	0.45	-0.65

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Shan Dong Account Relationship Matchups

Shan Dong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	11.0B	11.6B	12.6B	13.3B	15.3B	16.1B
Other Current Liab	505.0M	595.3M	844.3M	51.4M	59.1M	56.1M
Total Current Liabilities	1.0B	1.4B	2.1B	2.4B	2.8B	2.9B
Total Stockholder Equity	9.7B	10.0B	10.3B	10.7B	12.3B	12.9B
Retained Earnings	8.7B	8.9B	8.8B	9.2B	10.6B	11.1B
Accounts Payable	191.6M	258.3M	238.1M	275.1M	316.4M	225.6M
Cash	1.5B	3.2B	5.4B	5.8B	6.7B	7.0B
Net Receivables	469.0M	1.2B	383.9M	63.0M	72.4M	68.8M
Short Term Investments	1.4B	2.5B	1.9B	2.5B	2.9B	2.0B
Inventory	2.5B	1.6B	1.2B	1.0B	1.2B	1.2B
Other Current Assets	74.1M	20.5M	57.6M	19.6M	22.6M	21.4M
Total Liab	1.2B	1.6B	2.3B	2.6B	3.0B	3.1B
Intangible Assets	442.0M	409.0M	332.1M	322.5M	370.9M	389.4M
Property Plant Equipment	2.3B	2.3B	2.1B	2.0B	2.3B	2.5B
Other Assets	401.5M	465.9M	294.5M	318.0M	365.7M	232.6M
Other Liab	75.0M	57.1M	131.3M	151.9M	174.7M	183.4M
Net Tangible Assets	9.6B	9.3B	9.6B	10.0B	11.5B	10.1B
Other Stockholder Equity	(258.0K)	(197.5K)	(402.6K)	907.2K	816.5K	775.6K
Deferred Long Term Liab	43.4M	45.5M	30.2M	15.3M	13.8M	25.9M
Total Current Assets	7.8B	8.6B	9.8B	10.5B	12.1B	9.7B
Non Current Assets Total	3.2B	3.0B	2.8B	2.8B	3.2B	3.2B
Non Currrent Assets Other	6.9M	6.9M	3.3M	110.1M	99.1M	51.7M
Non Current Liabilities Total	131.3M	199.5M	179.9M	159.0M	182.8M	128.9M
Net Invested Capital	9.7B	10.0B	10.3B	10.7B	12.3B	11.3B
Net Working Capital	6.7B	7.2B	7.7B	8.1B	9.3B	8.1B
Property Plant And Equipment Net	2.3B	2.1B	2.0B	1.9B	1.7B	1.7B
Property Plant And Equipment Gross	3.0B	3.1B	3.1B	1.9B	1.7B	2.2B

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Other Information on Investing in Shan Stock

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

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Shan Net Income vs Change In Working Capital Analysis

Net Income vs Change In Working Capital

Net Income vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Net Income

Change In Working Capital

Shan Dong fundamental ratios Correlations

Shan Dong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shan Dong fundamental ratios Accounts

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Other Information on Investing in Shan Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Property Plant Equipment	+ 0.96	Total Stockholder Equity
Property Plant Equipment	+ 0.96	Retained Earnings

Intangible Assets	- 0.78	Other Current Assets
Non Currrent Assets Other	- 0.76	Non Current Assets Total
Non Currrent Assets Other	- 0.75	Intangible Assets
Non Currrent Assets Other	- 0.74	Long Term Investments
Net Tangible Assets	- 0.68	Other Current Assets
Non Currrent Assets Other	- 0.67	Property Plant Equipment