Shenzhen Change To Account Receivables vs Net Borrowings Analysis

002052 Stock

6.50 0.29 4.67%

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

Change To Account Receivables vs Net Borrowings

Change To Account Receivables vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Coship Elec Change To Account Receivables account and Net Borrowings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shenzhen Coship's Change To Account Receivables and Net Borrowings is -0.36. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Shenzhen Coship Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Coship's Change To Account Receivables and Net Borrowings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Account Receivables of Shenzhen Coship Electronics are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Account Receivables i.e., Shenzhen Coship's Change To Account Receivables and Net Borrowings go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change To Account Receivables

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Most indicators from Shenzhen Coship's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Coship Elec 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 Shenzhen Coship Electronics. 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 50.4 M, whereas Tax Provision is projected to grow to (286.1 K).

	2022	2023	2024	2025 (projected)
Total Operating Expenses	72.7M	64.4M	57.9M	55.0M
Cost Of Revenue	236.5M	252.5M	227.3M	215.9M

Total Operating Expenses Cost Of Revenue

Shenzhen Coship fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.96	0.46	0.98	0.96	0.94	0.02	0.67	0.81	0.96	0.79	0.97	0.94	0.9	0.79	0.98	-0.06	0.95	-0.21	-0.17	0.98	1.0	0.94	0.88	-0.12	0.84
Short Long Term Debt Total	0.96		0.37	0.98	0.87	0.88	-0.1	0.83	0.81	0.95	0.67	0.93	0.89	0.87	0.67	0.97	-0.11	0.97	-0.21	-0.33	0.98	0.96	1.0	0.88	-0.14	0.82
Other Current Liab	0.46	0.37		0.44	0.44	0.38	-0.12	0.01	0.25	0.36	0.63	0.41	0.44	0.4	0.63	0.38	0.19	0.39	-0.16	0.2	0.46	0.48	0.32	0.26	0.09	0.48
Total Current Liabilities	0.98	0.98	0.44		0.89	0.93	0.0	0.77	0.77	0.97	0.71	0.97	0.92	0.9	0.71	0.97	-0.03	0.97	-0.14	-0.24	1.0	0.97	0.97	0.9	-0.09	0.85
Total Stockholder Equity	0.96	0.87	0.44	0.89		0.89	0.08	0.5	0.8	0.89	0.87	0.92	0.91	0.81	0.87	0.92	-0.09	0.86	-0.25	-0.06	0.89	0.97	0.86	0.77	-0.11	0.75
Property Plant And Equipment Net	0.94	0.88	0.38	0.93	0.89		0.27	0.6	0.67	0.89	0.75	0.94	0.85	0.8	0.75	0.9	0.08	0.86	-0.01	-0.04	0.93	0.93	0.87	0.84	0.03	0.8
Current Deferred Revenue	0.02	-0.1	-0.12	0.0	0.08	0.27		-0.25	-0.24	-0.07	0.16	0.08	0.03	-0.14	0.16	-0.07	0.32	-0.07	0.6	0.42	-0.03	0.0	-0.07	-0.11	0.47	-0.03
Net Debt	0.67	0.83	0.01	0.77	0.5	0.6	-0.25		0.64	0.77	0.13	0.7	0.63	0.76	0.13	0.78	-0.13	0.81	-0.23	-0.57	0.77	0.66	0.82	0.83	-0.24	0.71
Retained Earnings	0.81	0.81	0.25	0.77	0.8	0.67	-0.24	0.64		0.83	0.58	0.75	0.76	0.81	0.58	0.84	-0.58	0.83	-0.43	-0.61	0.78	0.82	0.79	0.79	-0.63	0.54
Accounts Payable	0.96	0.95	0.36	0.97	0.89	0.89	-0.07	0.77	0.83		0.65	0.97	0.93	0.95	0.65	0.97	-0.13	0.96	-0.2	-0.31	0.98	0.95	0.94	0.94	-0.23	0.82
Cash	0.79	0.67	0.63	0.71	0.87	0.75	0.16	0.13	0.58	0.65		0.71	0.73	0.54	1.0	0.66	-0.03	0.64	-0.07	0.18	0.69	0.81	0.67	0.46	0.07	0.51
Non Current Assets Total	0.97	0.93	0.41	0.97	0.92	0.94	0.08	0.7	0.75	0.97	0.71		0.96	0.94	0.71	0.95	0.03	0.92	-0.18	-0.13	0.97	0.95	0.91	0.89	-0.07	0.87
Non Currrent Assets Other	0.94	0.89	0.44	0.92	0.91	0.85	0.03	0.63	0.76	0.93	0.73	0.96		0.93	0.73	0.9	-0.07	0.88	-0.18	-0.16	0.92	0.92	0.88	0.81	-0.11	0.78
Other Assets	0.9	0.87	0.4	0.9	0.81	0.8	-0.14	0.76	0.81	0.95	0.54	0.94	0.93		0.54	0.92	-0.15	0.89	-0.34	-0.37	0.92	0.87	0.84	0.91	-0.32	0.83
Cash And Short Term Investments	0.79	0.67	0.63	0.71	0.87	0.75	0.16	0.13	0.58	0.65	1.0	0.71	0.73	0.54		0.66	-0.03	0.64	-0.07	0.18	0.69	0.81	0.67	0.46	0.07	0.51
Net Receivables	0.98	0.97	0.38	0.97	0.92	0.9	-0.07	0.78	0.84	0.97	0.66	0.95	0.9	0.92	0.66		-0.1	0.95	-0.29	-0.29	0.98	0.97	0.95	0.93	-0.2	0.87
Common Stock Shares Outstanding	-0.06	-0.11	0.19	-0.03	-0.09	0.08	0.32	-0.13	-0.58	-0.13	-0.03	0.03	-0.07	-0.15	-0.03	-0.1		-0.17	0.29	0.8	-0.03	-0.09	-0.11	-0.12	0.87	0.26
Inventory	0.95	0.97	0.39	0.97	0.86	0.86	-0.07	0.81	0.83	0.96	0.64	0.92	0.88	0.89	0.64	0.95	-0.17		-0.19	-0.36	0.96	0.94	0.96	0.89	-0.2	0.81
Other Current Assets	-0.21	-0.21	-0.16	-0.14	-0.25	-0.01	0.6	-0.23	-0.43	-0.2	-0.07	-0.18	-0.18	-0.34	-0.07	-0.29	0.29	-0.19		0.33	-0.17	-0.22	-0.18	-0.21	0.49	-0.29
Other Stockholder Equity	-0.17	-0.33	0.2	-0.24	-0.06	-0.04	0.42	-0.57	-0.61	-0.31	0.18	-0.13	-0.16	-0.37	0.18	-0.29	0.8	-0.36	0.33		-0.24	-0.18	-0.31	-0.37	0.81	-0.04
Total Liab	0.98	0.98	0.46	1.0	0.89	0.93	-0.03	0.77	0.78	0.98	0.69	0.97	0.92	0.92	0.69	0.98	-0.03	0.96	-0.17	-0.24		0.97	0.96	0.92	-0.11	0.87
Total Current Assets	1.0	0.96	0.48	0.97	0.97	0.93	0.0	0.66	0.82	0.95	0.81	0.95	0.92	0.87	0.81	0.97	-0.09	0.94	-0.22	-0.18	0.97		0.94	0.86	-0.13	0.82
Short Term Debt	0.94	1.0	0.32	0.97	0.86	0.87	-0.07	0.82	0.79	0.94	0.67	0.91	0.88	0.84	0.67	0.95	-0.11	0.96	-0.18	-0.31	0.96	0.94		0.85	-0.1	0.79
Intangible Assets	0.88	0.88	0.26	0.9	0.77	0.84	-0.11	0.83	0.79	0.94	0.46	0.89	0.81	0.91	0.46	0.93	-0.12	0.89	-0.21	-0.37	0.92	0.86	0.85		-0.33	0.83
Common Stock	-0.12	-0.14	0.09	-0.09	-0.11	0.03	0.47	-0.24	-0.63	-0.23	0.07	-0.07	-0.11	-0.32	0.07	-0.2	0.87	-0.2	0.49	0.81	-0.11	-0.13	-0.1	-0.33		0.03
Property Plant Equipment	0.84	0.82	0.48	0.85	0.75	0.8	-0.03	0.71	0.54	0.82	0.51	0.87	0.78	0.83	0.51	0.87	0.26	0.81	-0.29	-0.04	0.87	0.82	0.79	0.83	0.03

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Shenzhen Coship Account Relationship Matchups

Shenzhen Coship fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	693.4M	485.7M	441.3M	388.1M	349.3M	331.8M
Short Long Term Debt Total	44.0M	72.0M	10.3M	58.0M	52.2M	49.6M
Other Current Liab	28.5M	5.3M	209.6M	196.3M	225.7M	157.0M
Total Current Liabilities	447.0M	387.8M	310.6M	333.5M	300.2M	285.1M
Total Stockholder Equity	231.1M	40.6M	84.0M	8.4M	7.6M	7.2M
Property Plant And Equipment Net	193.4M	212.5M	40.3M	80.8M	92.9M	88.2M
Current Deferred Revenue	290.0M	292.5M	66.0M	58.1M	66.9M	122.4M
Net Debt	(23.7M)	57.3M	(26.4M)	47.0M	42.3M	40.2M
Retained Earnings	(1.5B)	(1.7B)	(1.8B)	(1.8B)	(1.7B)	(1.6B)
Accounts Payable	84.5M	35.6M	31.9M	36.4M	32.8M	31.1M
Cash	67.7M	14.6M	36.7M	11.0M	9.9M	9.4M
Non Current Assets Total	310.3M	293.8M	169.2M	191.8M	220.5M	209.5M
Non Currrent Assets Other	94.3M	59.0M	121.0M	2.1M	2.4M	2.3M
Cash And Short Term Investments	67.7M	14.6M	36.7M	11.0M	9.9M	9.4M
Net Receivables	246.5M	116.7M	170.6M	130.4M	117.4M	111.5M
Liabilities And Stockholders Equity	693.4M	485.7M	441.3M	388.1M	349.3M	331.8M
Inventory	36.4M	28.2M	35.8M	47.6M	42.8M	40.7M
Other Current Assets	32.5M	32.4M	29.0M	7.3M	8.4M	7.3M
Total Liab	462.3M	445.3M	365.3M	387.4M	348.7M	331.2M
Total Current Assets	383.1M	192.0M	272.1M	196.3M	176.7M	167.9M
Short Term Debt	44.0M	54.4M	3.1M	42.7M	38.4M	36.5M
Intangible Assets	22.6M	22.3M	6.0M	5.5M	5.0M	4.7M
Property Plant Equipment	226.2M	208.5M	193.4M	212.5M	244.4M	303.9M
Other Liab	7.4M	16.8M	15.2M	39.9M	45.9M	48.2M
Non Current Liabilities Total	15.2M	57.5M	54.8M	53.9M	48.5M	48.7M
Net Tangible Assets	575.3M	356.1M	208.5M	18.3M	16.4M	15.6M
Deferred Long Term Liab	8.2M	4.8M	2.9M	2.3M	2.1M	2.0M
Short Long Term Debt	74.5M	44.0M	50.2M	592.5K	533.3K	506.6K
Net Invested Capital	275.2M	90.7M	84.6M	8.4M	7.6M	7.2M
Net Working Capital	(63.9M)	(195.8M)	(38.5M)	(137.2M)	(123.4M)	(117.3M)
Short Term Investments	(6.0M)	(993.9K)	(783.4K)	(66.2M)	(59.6M)	(56.6M)
Property Plant And Equipment Gross	436.6M	464.7M	73.9M	119.3M	107.3M	102.0M
Accumulated Other Comprehensive Income	149.8M	145.0M	235.9M	237.2M	272.8M	200.4M

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

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Shenzhen Change To Account Receivables vs Net Borrowings Analysis

Change To Account Receivables vs Net Borrowings

Change To Account Receivables vs Net Borrowings Correlation Analysis

Correlation Coefficient

Change To Account Receivables

Net Borrowings

Shenzhen Coship fundamental ratios Correlations

Shenzhen Coship Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Coship fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets

Common Stock	- 0.63	Retained Earnings
Other Stockholder Equity	- 0.61	Retained Earnings
Common Stock Shares Outstanding	- 0.58	Retained Earnings
Other Stockholder Equity	- 0.57	Net Debt
Other Current Assets	- 0.43	Retained Earnings
Intangible Assets	- 0.37	Other Stockholder Equity