Sieyuan Research Development vs Interest Income Analysis

002028 Stock   70.77  1.17  1.63%   
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 Research Development and its Interest Income 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.

Research Development vs Interest Income

Research Development vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sieyuan Electric Research Development account and Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sieyuan Electric's Research Development and Interest Income is 0.7. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Interest Income 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 Research Development and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Sieyuan Electric Co are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Research Development i.e., Sieyuan Electric's Research Development and Interest Income go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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, whereas Tax Provision is forecasted to decline to about 87 M.
 2021 2022 2023 2024 (projected)
Operating Income1.5B1.5B2.0B2.1B
Total Revenue8.7B10.5B12.5B13.1B

Sieyuan Electric fundamental ratios Correlations

0.20.991.01.01.00.960.880.980.211.00.920.560.950.940.870.760.750.860.670.850.870.870.840.80.87
0.20.140.240.170.170.090.120.280.590.150.080.50.10.250.09-0.22-0.480.320.470.330.190.43-0.330.480.38
0.990.140.980.991.00.960.880.980.151.00.910.520.930.930.860.780.790.850.630.860.870.860.870.760.86
1.00.240.980.990.990.960.880.980.250.990.920.60.950.940.870.740.710.860.690.830.860.870.810.810.86
1.00.170.990.990.990.960.910.970.180.990.930.580.950.920.860.790.760.850.620.830.860.840.850.760.84
1.00.171.00.990.990.960.880.980.171.00.910.530.930.930.850.780.770.860.640.870.880.870.860.780.87
0.960.090.960.960.960.960.860.930.20.960.940.540.920.870.890.740.790.780.540.80.820.770.860.680.79
0.880.120.880.880.910.880.860.820.050.880.830.710.830.710.680.730.680.640.360.740.680.630.710.50.62
0.980.280.980.980.970.980.930.820.250.980.890.540.910.960.850.680.680.880.760.880.870.920.790.860.91
0.210.590.150.250.180.170.20.050.250.160.290.140.310.260.49-0.05-0.190.260.330.140.20.28-0.070.390.26
1.00.151.00.990.991.00.960.880.980.160.910.520.940.940.860.780.780.860.640.860.880.860.870.780.87
0.920.080.910.920.930.910.940.830.890.290.910.480.970.840.940.80.780.740.490.670.790.690.850.650.74
0.560.50.520.60.580.530.540.710.540.140.520.480.440.410.330.240.120.530.390.530.490.520.190.410.49
0.950.10.930.950.950.930.920.830.910.310.940.970.440.90.940.830.780.80.590.680.840.760.860.740.77
0.940.250.930.940.920.930.870.710.960.260.940.840.410.90.850.670.670.90.840.780.880.930.80.930.92
0.870.090.860.870.860.850.890.680.850.490.860.940.330.940.850.70.730.760.570.630.790.720.820.710.73
0.76-0.220.780.740.790.780.740.730.68-0.050.780.80.240.830.670.70.820.60.240.460.70.470.850.450.55
0.75-0.480.790.710.760.770.790.680.68-0.190.780.780.120.780.670.730.820.550.270.540.640.480.980.380.52
0.860.320.850.860.850.860.780.640.880.260.860.740.530.80.90.760.60.550.810.770.980.940.680.920.96
0.670.470.630.690.620.640.540.360.760.330.640.490.390.590.840.570.240.270.810.620.70.890.430.940.83
0.850.330.860.830.830.870.80.740.880.140.860.670.530.680.780.630.460.540.770.620.740.880.620.70.82
0.870.190.870.860.860.880.820.680.870.20.880.790.490.840.880.790.70.640.980.70.740.890.760.850.94
0.870.430.860.870.840.870.770.630.920.280.860.690.520.760.930.720.470.480.940.890.880.890.620.950.96
0.84-0.330.870.810.850.860.860.710.79-0.070.870.850.190.860.80.820.850.980.680.430.620.760.620.550.66
0.80.480.760.810.760.780.680.50.860.390.780.650.410.740.930.710.450.380.920.940.70.850.950.550.93
0.870.380.860.860.840.870.790.620.910.260.870.740.490.770.920.730.550.520.960.830.820.940.960.660.93
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Sieyuan Electric Account Relationship Matchups

Sieyuan Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8B11.1B13.9B15.7B18.7B19.7B
Other Current Liab816.8M1.1B1.2B1.4B80.6M76.6M
Total Current Liabilities3.6B4.2B5.0B6.0B7.9B8.2B
Total Stockholder Equity5.0B6.5B8.4B9.2B10.4B10.9B
Retained Earnings4.2B5.1B6.1B7.6B9.1B9.5B
Accounts Payable2.4B2.6B3.3B4.1B5.0B5.2B
Cash1.7B2.2B1.9B2.5B3.3B3.5B
Net Receivables3.1B2.1B2.7B3.5B4.3B4.6B
Inventory1.5B1.9B2.6B2.5B2.9B3.0B
Other Current Assets195.9M246.4M403.6M535.5M131.7M210.3M
Total Liab3.6B4.4B5.3B6.3B8.1B8.5B
Intangible Assets249.5M256.1M289.4M393.8M482.3M506.5M
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 Investments283.7M120.8M161.2M1.2B1.6B1.7B
Net Tangible Assets4.7B6.2B8.0B8.7B10.0B6.0B
Other Stockholder Equity(35.9M)526.5M1.3B486.5M559.5M306.8M
Total Current Assets6.8B8.1B9.5B12.1B14.8B9.0B
Non Current Assets Total2.0B3.0B4.4B3.6B4.0B2.9B
Non Currrent Assets Other11.4M71.3M93.9M111.9M430.4M452.0M
Non Current Liabilities Total50.8M160.2M306.6M258.2M216.9M151.7M
Non Current Liabilities Other27.0M38.9M50.4M50.1M59.5M32.8M
Net Invested Capital5.1B6.6B8.4B9.3B10.5B7.7B
Net Working Capital3.2B3.9B4.5B6.1B6.9B4.8B
Deferred Long Term Liab3.0M1.8M11.0M19.9M22.9M24.0M
Short Long Term Debt25.0M52.9M43.3M109.3M81.8M76.6M

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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.