Shenzhen Capital Expenditures vs Net Income Analysis

002138 Stock

32.75 0.21 0.65%

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

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Sunlord Ele Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shenzhen Sunlord's Capital Expenditures and Net Income is 0.86. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Shenzhen Sunlord Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunlord's Capital Expenditures and Net 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 Capital Expenditures of Shenzhen Sunlord Electronics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Shenzhen Sunlord's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

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Capital Expenditures

Capital Expenditures are funds used by Shenzhen Sunlord Ele to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Shenzhen Sunlord operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Shenzhen Sunlord Ele financial statement analysis. It represents the amount of money remaining after all of Shenzhen Sunlord Electronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Shenzhen Sunlord's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunlord Ele 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 Sunlord 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.

As of December 23, 2024, Selling General Administrative is expected to decline to about 110.2 M. In addition to that, Tax Provision is expected to decline to about 72.4 M

	2021	2022	2023	2024 (projected)
Operating Income	1.0B	737.8M	1.0B	1.1B
Total Revenue	4.6B	4.2B	5.0B	5.3B

Operating Income Total Revenue

Shenzhen Sunlord fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Term Investments	Intangible Assets	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock
Total Assets		0.31	0.98	0.96	0.98	0.99	0.96	0.93	0.98	0.91	0.98	0.96	0.96	0.97	0.63	1.0	-0.52	0.95	0.79	0.91	-0.86	0.89	-0.71	0.8	0.92	-0.6
Other Current Liab	0.31		0.18	0.43	0.27	0.4	0.34	0.16	0.25	0.18	0.36	0.46	0.1	0.19	0.59	0.29	-0.37	0.37	0.48	0.4	-0.3	0.04	-0.28	0.33	0.36	-0.51
Total Current Liabilities	0.98	0.18		0.89	0.97	0.95	0.94	0.9	0.95	0.91	0.94	0.9	0.97	0.98	0.55	0.98	-0.48	0.93	0.68	0.84	-0.83	0.91	-0.59	0.85	0.89	-0.56
Total Stockholder Equity	0.96	0.43	0.89		0.9	0.97	0.95	0.93	0.9	0.77	0.97	0.94	0.87	0.85	0.78	0.94	-0.58	0.91	0.9	0.93	-0.72	0.74	-0.82	0.76	0.88	-0.71
Other Liab	0.98	0.27	0.97	0.9		0.97	0.95	0.87	0.99	0.95	0.95	0.96	0.97	0.98	0.52	0.98	-0.47	0.94	0.74	0.89	-0.91	0.92	-0.66	0.79	0.93	-0.5
Retained Earnings	0.99	0.4	0.95	0.97	0.97		0.97	0.91	0.96	0.87	0.98	0.98	0.94	0.94	0.68	0.98	-0.57	0.96	0.84	0.93	-0.84	0.84	-0.74	0.82	0.93	-0.65
Accounts Payable	0.96	0.34	0.94	0.95	0.95	0.97		0.88	0.93	0.81	0.98	0.97	0.94	0.9	0.66	0.93	-0.54	0.94	0.82	0.91	-0.79	0.77	-0.71	0.82	0.92	-0.63
Cash	0.93	0.16	0.9	0.93	0.87	0.91	0.88		0.9	0.8	0.93	0.85	0.9	0.87	0.67	0.92	-0.56	0.82	0.78	0.85	-0.71	0.8	-0.78	0.67	0.82	-0.65
Other Assets	0.98	0.25	0.95	0.9	0.99	0.96	0.93	0.9		0.95	0.95	0.96	0.97	0.97	0.52	0.98	-0.43	0.91	0.76	0.9	-0.92	0.92	-0.7	0.73	0.92	-0.49
Long Term Debt	0.91	0.18	0.91	0.77	0.95	0.87	0.81	0.8	0.95		0.84	0.85	0.91	0.97	0.35	0.93	-0.35	0.83	0.57	0.78	-0.96	0.96	-0.51	0.67	0.85	-0.35
Net Receivables	0.98	0.36	0.94	0.97	0.95	0.98	0.98	0.93	0.95	0.84		0.97	0.94	0.92	0.7	0.96	-0.56	0.93	0.82	0.91	-0.81	0.8	-0.72	0.78	0.92	-0.67
Inventory	0.96	0.46	0.9	0.94	0.96	0.98	0.97	0.85	0.96	0.85	0.97		0.92	0.9	0.64	0.94	-0.5	0.94	0.84	0.93	-0.87	0.79	-0.72	0.77	0.94	-0.6
Other Current Assets	0.96	0.1	0.97	0.87	0.97	0.94	0.94	0.9	0.97	0.91	0.94	0.92		0.97	0.48	0.96	-0.45	0.91	0.7	0.86	-0.86	0.91	-0.63	0.76	0.9	-0.47
Total Liab	0.97	0.19	0.98	0.85	0.98	0.94	0.9	0.87	0.97	0.97	0.92	0.9	0.97		0.47	0.98	-0.43	0.91	0.65	0.83	-0.91	0.96	-0.56	0.79	0.89	-0.48
Common Stock	0.63	0.59	0.55	0.78	0.52	0.68	0.66	0.67	0.52	0.35	0.7	0.64	0.48	0.47		0.61	-0.62	0.59	0.74	0.72	-0.34	0.3	-0.63	0.62	0.65	-0.75
Property Plant Equipment	1.0	0.29	0.98	0.94	0.98	0.98	0.93	0.92	0.98	0.93	0.96	0.94	0.96	0.98	0.61		-0.49	0.93	0.75	0.88	-0.87	0.91	-0.67	0.79	0.91	-0.58
Short Term Investments	-0.52	-0.37	-0.48	-0.58	-0.47	-0.57	-0.54	-0.56	-0.43	-0.35	-0.56	-0.5	-0.45	-0.43	-0.62	-0.49		-0.51	-0.61	-0.58	0.33	-0.33	0.54	-0.52	-0.52	0.67
Intangible Assets	0.95	0.37	0.93	0.91	0.94	0.96	0.94	0.82	0.91	0.83	0.93	0.94	0.91	0.91	0.59	0.93	-0.51		0.79	0.88	-0.79	0.85	-0.65	0.87	0.9	-0.55
Good Will	0.79	0.48	0.68	0.9	0.74	0.84	0.82	0.78	0.76	0.57	0.82	0.84	0.7	0.65	0.74	0.75	-0.61	0.79		0.93	-0.57	0.55	-0.91	0.64	0.82	-0.66
Net Tangible Assets	0.91	0.4	0.84	0.93	0.89	0.93	0.91	0.85	0.9	0.78	0.91	0.93	0.86	0.83	0.72	0.88	-0.58	0.88	0.93		-0.77	0.74	-0.83	0.78	0.97	-0.63
Other Stockholder Equity	-0.86	-0.3	-0.83	-0.72	-0.91	-0.84	-0.79	-0.71	-0.92	-0.96	-0.81	-0.87	-0.86	-0.91	-0.34	-0.87	0.33	-0.79	-0.57	-0.77		-0.88	0.46	-0.6	-0.85	0.31
Deferred Long Term Liab	0.89	0.04	0.91	0.74	0.92	0.84	0.77	0.8	0.92	0.96	0.8	0.79	0.91	0.96	0.3	0.91	-0.33	0.85	0.55	0.74	-0.88		-0.51	0.7	0.81	-0.3
Long Term Investments	-0.71	-0.28	-0.59	-0.82	-0.66	-0.74	-0.71	-0.78	-0.7	-0.51	-0.72	-0.72	-0.63	-0.56	-0.63	-0.67	0.54	-0.65	-0.91	-0.83	0.46	-0.51		-0.45	-0.69	0.55
Short Long Term Debt	0.8	0.33	0.85	0.76	0.79	0.82	0.82	0.67	0.73	0.67	0.78	0.77	0.76	0.79	0.62	0.79	-0.52	0.87	0.64	0.78	-0.6	0.7	-0.45		0.84	-0.67
Total Current Assets	0.92	0.36	0.89	0.88	0.93	0.93	0.92	0.82	0.92	0.85	0.92	0.94	0.9	0.89	0.65	0.91	-0.52	0.9	0.82	0.97	-0.85	0.81	-0.69	0.84		-0.57
Treasury Stock	-0.6	-0.51	-0.56	-0.71	-0.5	-0.65	-0.63	-0.65	-0.49	-0.35	-0.67	-0.6	-0.47	-0.48	-0.75	-0.58	0.67	-0.55	-0.66	-0.63	0.31	-0.3	0.55	-0.67	-0.57

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Shenzhen Sunlord Account Relationship Matchups

Shenzhen Sunlord fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	7.5B	9.7B	10.9B	12.6B	13.2B
Other Current Liab	213.0M	239.5M	399.8M	582.9M	15.8M	15.0M
Total Current Liabilities	1.5B	2.0B	2.2B	2.4B	3.4B	3.6B
Total Stockholder Equity	4.4B	4.8B	5.5B	5.6B	6.0B	6.3B
Other Liab	188.5M	260.9M	427.8M	446.4M	513.3M	539.0M
Retained Earnings	1.8B	2.2B	2.8B	3.0B	3.1B	3.3B
Accounts Payable	495.3M	672.7M	889.0M	613.1M	803.5M	843.7M
Cash	462.2M	325.7M	493.3M	451.4M	778.8M	817.8M
Other Assets	126.0M	146.6M	261.9M	278.8M	320.6M	336.6M
Net Receivables	1.2B	1.3B	2.0B	1.5B	2.0B	2.1B
Inventory	547.2M	621.2M	1.0B	929.6M	864.6M	907.8M
Other Current Assets	96.8M	114.3M	189.4M	143.8M	252.8M	265.5M
Total Liab	1.8B	2.6B	3.9B	4.8B	6.0B	6.3B
Property Plant Equipment	3.1B	3.9B	4.8B	6.0B	6.8B	7.2B
Intangible Assets	403.8M	421.7M	443.2M	523.1M	510.6M	536.1M
Net Tangible Assets	3.7B	4.1B	4.7B	4.7B	5.4B	4.0B
Other Stockholder Equity	599.0K	551.7K	(16.6M)	(18.6M)	(16.7M)	(15.9M)
Deferred Long Term Liab	30.1M	27.1M	31.9M	54.3M	62.4M	65.6M
Short Long Term Debt	666.0M	927.0M	553.3M	819.1M	1.0B	568.8M
Total Current Assets	2.3B	2.7B	3.7B	3.6B	4.6B	2.8B
Non Current Assets Total	4.0B	4.9B	6.0B	7.3B	7.9B	5.4B
Non Currrent Assets Other	57.1M	3.9B	109.3M	73.4M	62.5M	59.4M
Non Current Liabilities Total	318.9M	576.1M	1.7B	2.4B	2.6B	2.8B
Net Invested Capital	5.2B	6.1B	7.3B	8.4B	9.1B	7.0B
Net Working Capital	834.9M	656.8M	1.5B	1.3B	1.2B	1.2B

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Sunlord Ele at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Sunlord Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Sunlord 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 Capital Expenditures vs Net Income Analysis

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

Correlation Coefficient

Capital Expenditures

Net Income

Shenzhen Sunlord fundamental ratios Correlations

Shenzhen Sunlord Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Sunlord fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Assets
Other Assets	+ 0.99	Other Liab
Total Current Liabilities	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Assets
Other Assets	+ 0.98	Total Assets

Other Stockholder Equity	- 0.96	Long Term Debt
Other Stockholder Equity	- 0.92	Other Assets
Long Term Investments	- 0.91	Good Will
Other Stockholder Equity	- 0.91	Total Liab
Other Stockholder Equity	- 0.91	Other Liab
Deferred Long Term Liab	- 0.88	Other Stockholder Equity