Sieyuan Non Current Liabilities Total vs Other Assets Analysis

002028 Stock   74.30  1.42  1.95%   
Sieyuan Electric financial indicator trend analysis is much more than just breaking down Sieyuan Electric prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sieyuan Electric is a good investment. Please check the relationship between Sieyuan Electric Non Current Liabilities Total and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sieyuan Electric Co. 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.

Non Current Liabilities Total vs Other Assets

Non Current Liabilities Total vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sieyuan Electric Non Current Liabilities Total account and Other Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sieyuan Electric's Non Current Liabilities Total and Other Assets is 0.75. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Assets in the same time period over historical financial statements of Sieyuan Electric Co, assuming nothing else is changed. The correlation between historical values of Sieyuan Electric's Non Current Liabilities Total and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Sieyuan Electric Co are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Non Current Liabilities Total i.e., Sieyuan Electric's Non Current Liabilities Total and Other Assets go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Other Assets

Most indicators from Sieyuan Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sieyuan Electric 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 Sieyuan Electric Co. 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 Selling General Administrative is expected to grow to about 572 M. The current year's Tax Provision is expected to grow to about 196.7 M
 2022 2023 2024 2025 (projected)
Operating Income1.5B2.0B2.2B2.4B
Total Revenue10.5B12.5B14.3B15.0B

Sieyuan Electric fundamental ratios Correlations

-0.011.01.01.01.00.970.920.990.091.00.950.530.960.940.890.840.840.860.650.830.860.870.90.80.96
-0.01-0.070.02-0.04-0.04-0.11-0.070.070.6-0.06-0.120.420.00.140.0-0.35-0.550.160.380.24-0.050.22-0.430.310.03
1.0-0.070.991.01.00.980.920.980.041.00.940.50.940.920.870.850.870.850.610.840.870.860.920.770.96
1.00.020.991.00.990.970.920.990.120.990.950.560.960.940.90.830.810.860.660.830.850.870.880.810.95
1.0-0.041.01.01.00.980.940.980.061.00.950.540.960.920.880.860.840.850.610.820.860.850.90.770.94
1.0-0.041.00.991.00.970.920.980.061.00.940.510.940.930.870.850.850.860.620.850.870.870.90.790.96
0.97-0.110.980.970.980.970.910.950.080.980.960.510.930.870.90.830.870.80.530.790.830.790.910.70.92
0.92-0.070.920.920.940.920.910.87-0.040.920.880.650.870.760.750.820.790.70.40.760.730.690.810.570.79
0.990.070.980.990.980.980.950.870.140.980.920.530.940.960.880.780.790.880.730.870.850.910.860.850.98
0.090.60.040.120.060.060.08-0.040.140.050.150.110.240.20.42-0.13-0.230.180.290.10.050.17-0.140.30.1
1.0-0.061.00.991.01.00.980.920.980.050.940.50.950.930.880.850.860.860.620.840.870.870.910.780.96
0.95-0.120.940.950.950.940.960.880.920.150.940.450.970.850.940.870.870.770.490.690.810.740.910.680.89
0.530.420.50.560.540.510.510.650.530.110.50.450.470.440.370.270.190.550.410.550.50.550.230.450.39
0.960.00.940.960.960.940.930.870.940.240.950.970.470.910.950.860.80.830.610.70.830.80.870.780.9
0.940.140.920.940.920.930.870.760.960.20.930.850.440.910.860.720.70.910.850.80.850.930.80.940.97
0.890.00.870.90.880.870.90.750.880.420.880.940.370.950.860.750.760.790.60.650.790.760.820.750.86
0.84-0.350.850.830.860.850.830.820.78-0.130.850.870.270.860.720.750.880.660.30.520.760.590.90.540.77
0.84-0.550.870.810.840.850.870.790.79-0.230.860.870.190.80.70.760.880.620.320.570.750.60.990.490.79
0.860.160.850.860.850.860.80.70.880.180.860.770.550.830.910.790.660.620.80.780.960.970.720.950.9
0.650.380.610.660.610.620.530.40.730.290.620.490.410.610.850.60.30.320.80.640.650.870.440.930.74
0.830.240.840.830.820.850.790.760.870.10.840.690.550.70.80.650.520.570.780.640.710.870.630.720.84
0.86-0.050.870.850.860.870.830.730.850.050.870.810.50.830.850.790.760.750.960.650.710.90.810.850.87
0.870.220.860.870.850.870.790.690.910.170.870.740.550.80.930.760.590.60.970.870.870.90.70.950.91
0.9-0.430.920.880.90.90.910.810.86-0.140.910.910.230.870.80.820.90.990.720.440.630.810.70.610.87
0.80.310.770.810.770.790.70.570.850.30.780.680.450.780.940.750.540.490.950.930.720.850.950.610.87
0.960.030.960.950.940.960.920.790.980.10.960.890.390.90.970.860.770.790.90.740.840.870.910.870.87
Click cells to compare fundamentals

Sieyuan Electric Account Relationship Matchups

Sieyuan Electric fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.1B13.9B15.7B18.7B21.5B22.6B
Other Current Liab1.1B1.2B1.4B80.6M92.7M88.1M
Total Current Liabilities4.2B5.0B6.0B7.9B9.0B9.5B
Total Stockholder Equity6.5B8.4B9.2B10.4B11.9B12.5B
Retained Earnings5.1B6.1B7.6B9.1B10.4B10.9B
Accounts Payable2.6B3.3B4.1B5.0B5.7B6.0B
Cash2.2B1.9B2.5B3.3B3.8B4.0B
Net Receivables2.1B2.7B3.5B4.3B5.0B5.2B
Inventory1.9B2.6B2.5B2.9B3.3B3.5B
Other Current Assets246.4M403.6M535.5M131.7M151.4M210.3M
Total Liab4.4B5.3B6.3B8.1B9.3B9.7B
Intangible Assets256.1M289.4M393.8M482.3M554.7M582.4M
Property Plant Equipment533.2M666.9M1.1B1.4B1.6B1.7B
Other Liab50.8M160.2M291.1M244.4M281.1M295.1M
Other Assets128.4M206.4M296.3M374.7M431.0M452.5M
Short Term Investments120.8M161.2M1.2B1.6B1.9B1.9B
Net Tangible Assets4.7B6.2B8.0B8.7B10.0B6.0B
Other Stockholder Equity(35.9M)526.5M1.3B486.5M559.5M306.8M
Total Current Assets8.1B9.5B12.1B14.8B17.0B9.0B
Non Current Assets Total3.0B4.4B3.6B4.0B4.6B2.9B
Non Currrent Assets Other71.3M93.9M111.9M430.4M495.0M519.7M
Non Current Liabilities Total160.2M306.6M258.2M216.9M249.4M151.7M
Non Current Liabilities Other38.9M50.4M50.1M59.5M68.4M71.9M
Common Stock Shares Outstanding763.0M766.0M769.9M773.9M890.0M841.3M
Net Invested Capital6.6B8.4B9.3B10.5B12.1B7.7B
Net Working Capital3.9B4.5B6.1B6.9B7.9B4.8B
Deferred Long Term Liab3.0M1.8M11.0M19.9M22.9M24.0M
Short Long Term Debt52.9M43.3M109.3M81.8M94.1M76.6M
Capital Stock763.0M766.0M769.9M773.9M890.0M842.1M
Property Plant And Equipment Net666.9M1.1B1.4B1.7B2.0B1.2B
Property Plant And Equipment Gross1.4B1.9B1.4B2.7B3.1B1.9B

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Other Information on Investing in Sieyuan Stock

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