Shan Total Assets vs Non Currrent Assets Other 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 Total Assets and its Non Currrent Assets Other 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.

Total Assets vs Non Currrent Assets Other

Total Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shan Dong Dong Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Shan Dong's Total Assets and Non Currrent Assets Other is -0.6. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets and Non Currrent Assets Other 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 Shan Dong Dong E are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Assets i.e., Shan Dong's Total Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Shan Dong 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 Shan Dong Dong 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.