Shan Retained Earnings vs Accounts Payable Analysis

000423 Stock   59.40  0.39  0.66%   
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 Retained Earnings and its Accounts Payable 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shan Dong Dong Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shan Dong's Retained Earnings and Accounts Payable is 0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable 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 Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shan Dong Dong E are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Shan Dong's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Accounts Payable

An accounting item on the balance sheet that represents Shan Dong obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shan Dong Dong are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term 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 December 18, 2024, 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
 2021 2022 2023 2024 (projected)
Gross Profit2.4B2.8B3.3B2.6B
Research Development147.7M137.7M173.2M144.4M

Shan Dong fundamental ratios Correlations

0.210.761.00.890.660.340.570.760.72-0.490.770.860.660.840.810.190.440.80.270.540.70.760.59-0.60.4
0.21-0.010.2-0.040.25-0.240.36-0.040.240.28-0.020.140.35-0.050.150.1-0.26-0.240.170.05-0.14-0.16-0.12-0.14-0.22
0.76-0.010.730.850.640.640.350.80.54-0.491.00.580.520.790.590.340.540.820.360.470.530.880.54-0.230.3
1.00.20.730.90.640.320.580.730.73-0.510.730.880.650.850.830.160.450.790.240.550.720.740.62-0.640.42
0.89-0.040.850.90.580.520.480.750.68-0.650.860.850.530.960.750.180.630.890.170.580.750.840.79-0.610.49
0.660.250.640.640.58-0.050.660.530.86-0.310.60.580.340.510.55-0.02-0.110.50.750.80.210.540.44-0.18-0.21
0.34-0.240.640.320.52-0.05-0.230.37-0.2-0.320.680.170.380.560.230.560.870.6-0.29-0.20.540.610.35-0.250.68
0.570.360.350.580.480.66-0.230.280.75-0.290.320.640.190.390.6-0.23-0.220.420.250.730.40.410.59-0.37-0.17
0.76-0.040.80.730.750.530.370.280.53-0.360.810.530.520.640.510.190.470.660.510.370.360.730.28-0.230.38
0.720.240.540.730.680.86-0.20.750.53-0.410.510.740.340.610.66-0.16-0.110.480.570.910.270.460.53-0.32-0.18
-0.490.28-0.49-0.51-0.65-0.31-0.32-0.29-0.36-0.41-0.49-0.720.19-0.56-0.270.39-0.32-0.67-0.02-0.36-0.61-0.61-0.610.52-0.45
0.77-0.021.00.730.860.60.680.320.810.51-0.490.580.530.810.580.360.590.830.320.430.550.890.54-0.270.36
0.860.140.580.880.850.580.170.640.530.74-0.720.580.320.780.66-0.130.320.760.120.570.780.670.78-0.760.41
0.660.350.520.650.530.340.380.190.520.340.190.530.320.610.620.780.50.350.070.160.320.310.2-0.20.21
0.84-0.050.790.850.960.510.560.390.640.61-0.560.810.780.610.790.330.690.820.050.510.720.730.78-0.590.48
0.810.150.590.830.750.550.230.60.510.66-0.270.580.660.620.790.240.340.620.130.550.560.550.57-0.430.18
0.190.10.340.160.18-0.020.56-0.230.19-0.160.390.36-0.130.780.330.240.540.15-0.16-0.20.120.14-0.020.180.14
0.44-0.260.540.450.63-0.110.87-0.220.47-0.11-0.320.590.320.50.690.340.540.62-0.32-0.160.620.560.45-0.470.83
0.8-0.240.820.790.890.50.60.420.660.48-0.670.830.760.350.820.620.150.620.120.490.860.960.78-0.570.55
0.270.170.360.240.170.75-0.290.250.510.57-0.020.320.120.070.050.13-0.16-0.320.120.55-0.30.26-0.120.21-0.37
0.540.050.470.550.580.8-0.20.730.370.91-0.360.430.570.160.510.55-0.2-0.160.490.550.240.470.59-0.22-0.29
0.7-0.140.530.720.750.210.540.40.360.27-0.610.550.780.320.720.560.120.620.86-0.30.240.750.81-0.760.67
0.76-0.160.880.740.840.540.610.410.730.46-0.610.890.670.310.730.550.140.560.960.260.470.750.66-0.450.48
0.59-0.120.540.620.790.440.350.590.280.53-0.610.540.780.20.780.57-0.020.450.78-0.120.590.810.66-0.710.37
-0.6-0.14-0.23-0.64-0.61-0.18-0.25-0.37-0.23-0.320.52-0.27-0.76-0.2-0.59-0.430.18-0.47-0.570.21-0.22-0.76-0.45-0.71-0.69
0.4-0.220.30.420.49-0.210.68-0.170.38-0.18-0.450.360.410.210.480.180.140.830.55-0.37-0.290.670.480.37-0.69
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Shan Dong Account Relationship Matchups

Shan Dong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.7B11.0B11.6B12.6B13.3B6.7B
Other Current Liab625.0M505.0M595.3M844.3M51.4M48.8M
Total Current Liabilities1.6B1.0B1.4B2.1B2.4B2.5B
Total Stockholder Equity10.0B9.7B10.0B10.3B10.7B5.5B
Retained Earnings8.8B8.7B8.9B8.8B9.2B9.7B
Accounts Payable609.0M191.6M258.3M238.1M275.1M225.6M
Cash1.9B1.5B3.2B5.4B5.8B6.1B
Net Receivables2.3B469.0M1.2B383.9M63.0M59.8M
Short Term Investments633.8M1.4B2.5B1.9B2.5B2.0B
Inventory3.5B2.5B1.6B1.2B1.0B1.2B
Other Current Assets85.0M74.1M20.5M57.6M19.6M18.6M
Total Liab1.6B1.2B1.6B2.3B2.6B2.7B
Intangible Assets433.1M442.0M409.0M332.1M322.5M181.5M
Property Plant Equipment2.3B2.3B2.1B2.0B2.3B2.5B
Other Assets401.5M465.9M294.5M318.0M365.7M232.6M
Other Liab75.0M57.1M131.3M151.9M174.7M183.4M
Net Tangible Assets9.6B9.3B9.6B10.0B11.5B10.1B
Other Stockholder Equity(258.0K)(197.5K)(402.6K)907.2K816.5K775.6K
Deferred Long Term Liab43.4M45.5M30.2M15.3M13.8M25.9M
Total Current Assets8.2B7.8B8.6B9.8B10.5B9.7B
Non Current Assets Total3.5B3.2B3.0B2.8B2.8B3.2B
Non Currrent Assets Other50.6M6.9M6.9M3.3M110.1M115.6M
Non Current Liabilities Total56.5M131.3M199.5M179.9M159.0M128.9M
Net Invested Capital10.0B9.7B10.0B10.3B10.7B11.3B
Net Working Capital6.6B6.7B7.2B7.7B8.1B8.1B

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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.