Shenzhen Long Term Investments vs Long Term Debt Analysis

002168 Stock

2.36 0.03 1.26%

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

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Hifuture Long Term Investments account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shenzhen Hifuture's Long Term Investments and Long Term Debt is 0.48. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Shenzhen Hifuture Electric, assuming nothing else is changed. The correlation between historical values of Shenzhen Hifuture's Long Term Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Shenzhen Hifuture Electric are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Long Term Investments i.e., Shenzhen Hifuture's Long Term Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Long Term Investments

Long Term Investments is an item on the asset side of Shenzhen Hifuture balance sheet that represents investments Shenzhen Hifuture intends to hold for over a year. Shenzhen Hifuture Electric long term investments may include different instruments such as stocks, bonds, real estate and cash.

Long Term Debt

Long-term debt is a debt that Shenzhen Hifuture has held for over one year. Long-term debt appears on Shenzhen Hifuture Electric balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shenzhen Hifuture Electric balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Shenzhen Hifuture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Hifuture 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 Hifuture Electric. 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 Tax Provision is expected to grow to about 4.9 M, whereas Selling General Administrative is forecasted to decline to about 50.2 M.

	2022	2023	2024	2025 (projected)
Gross Profit	70.8M	74.9M	67.4M	64.0M
Research Development	31.4M	17.6M	20.2M	39.4M

Gross Profit Research Development

Shenzhen Hifuture fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total
Total Assets		0.74	0.73	0.82	0.6	0.68	0.57	0.67	0.78	0.01	0.76	0.76	-0.14	0.43	-0.21	0.75	0.56	0.9	-0.53	-0.03	0.77	0.3	0.42	0.63	-0.4	0.83
Other Current Liab	0.74		0.71	0.57	0.48	0.34	0.36	0.53	0.33	-0.15	0.28	0.7	-0.21	0.28	-0.37	0.53	0.85	0.73	-0.64	-0.07	0.79	-0.09	0.65	0.36	-0.39	0.75
Total Current Liabilities	0.73	0.71		0.29	0.04	0.83	0.1	0.92	0.58	-0.37	0.51	0.98	-0.24	0.52	-0.59	0.82	0.55	0.79	-0.67	-0.58	0.37	0.47	0.71	0.08	-0.82	0.5
Total Stockholder Equity	0.82	0.57	0.29		0.91	0.3	0.74	0.27	0.61	0.27	0.66	0.31	-0.05	0.28	0.1	0.31	0.39	0.66	-0.19	0.52	0.87	-0.06	0.04	0.89	0.09	0.85
Retained Earnings	0.6	0.48	0.04	0.91		-0.01	0.67	-0.03	0.45	0.3	0.51	0.04	-0.01	-0.06	0.13	0.04	0.34	0.5	-0.06	0.74	0.87	-0.32	-0.11	0.92	0.36	0.82
Accounts Payable	0.68	0.34	0.83	0.3	-0.01		0.19	0.86	0.77	-0.29	0.71	0.86	-0.2	0.51	-0.44	0.83	0.18	0.72	-0.47	-0.52	0.19	0.69	0.35	0.21	-0.71	0.36
Cash	0.57	0.36	0.1	0.74	0.67	0.19		-0.07	0.52	0.46	0.4	0.14	0.12	0.22	0.35	0.11	0.42	0.47	-0.07	0.4	0.59	-0.35	-0.3	0.72	0.34	0.59
Other Assets	0.67	0.53	0.92	0.27	-0.03	0.86	-0.07		0.54	-0.49	0.56	0.91	-0.38	0.57	-0.64	0.81	0.26	0.67	-0.52	-0.55	0.26	0.67	0.69	0.05	-0.89	0.37
Net Receivables	0.78	0.33	0.58	0.61	0.45	0.77	0.52	0.54		0.03	0.88	0.6	-0.08	0.28	-0.16	0.62	0.19	0.77	-0.37	-0.06	0.43	0.38	0.09	0.62	-0.31	0.61
Inventory	0.01	-0.15	-0.37	0.27	0.3	-0.29	0.46	-0.49	0.03		-0.12	-0.38	0.5	0.21	0.92	-0.43	0.08	-0.21	0.05	0.45	0.09	-0.47	-0.34	0.2	0.55	0.02
Other Current Assets	0.76	0.28	0.51	0.66	0.51	0.71	0.4	0.56	0.88	-0.12		0.57	-0.21	0.15	-0.25	0.7	0.15	0.81	-0.24	0.01	0.52	0.56	0.04	0.69	-0.26	0.7
Total Liab	0.76	0.7	0.98	0.31	0.04	0.86	0.14	0.91	0.6	-0.38	0.57		-0.26	0.49	-0.56	0.9	0.57	0.83	-0.65	-0.6	0.4	0.54	0.65	0.12	-0.79	0.53
Intangible Assets	-0.14	-0.21	-0.24	-0.05	-0.01	-0.2	0.12	-0.38	-0.08	0.5	-0.21	-0.26		0.11	0.55	-0.33	-0.1	-0.26	0.13	0.19	-0.15	-0.22	-0.35	-0.01	0.37	-0.16
Common Stock	0.43	0.28	0.52	0.28	-0.06	0.51	0.22	0.57	0.28	0.21	0.15	0.49	0.11		0.14	0.29	0.17	0.22	-0.15	-0.31	0.02	0.27	0.32	-0.1	-0.44	0.06
Property Plant Equipment	-0.21	-0.37	-0.59	0.1	0.13	-0.44	0.35	-0.64	-0.16	0.92	-0.25	-0.56	0.55	0.14		-0.52	-0.1	-0.41	0.3	0.42	-0.12	-0.41	-0.54	0.06	0.66	-0.19
Long Term Debt	0.75	0.53	0.82	0.31	0.04	0.83	0.11	0.81	0.62	-0.43	0.7	0.9	-0.33	0.29	-0.52		0.46	0.85	-0.51	-0.58	0.37	0.72	0.48	0.19	-0.68	0.54
Other Liab	0.56	0.85	0.55	0.39	0.34	0.18	0.42	0.26	0.19	0.08	0.15	0.57	-0.1	0.17	-0.1	0.46		0.65	-0.55	-0.18	0.67	-0.2	0.43	0.22	-0.15	0.68
Good Will	0.9	0.73	0.79	0.66	0.5	0.72	0.47	0.67	0.77	-0.21	0.81	0.83	-0.26	0.22	-0.41	0.85	0.65		-0.52	-0.18	0.74	0.36	0.36	0.6	-0.4	0.88
Short Term Investments	-0.53	-0.64	-0.67	-0.19	-0.06	-0.47	-0.07	-0.52	-0.37	0.05	-0.24	-0.65	0.13	-0.15	0.3	-0.51	-0.55	-0.52		0.31	-0.38	-0.07	-0.73	-0.06	0.62	-0.36
Net Tangible Assets	-0.03	-0.07	-0.58	0.52	0.74	-0.52	0.4	-0.55	-0.06	0.45	0.01	-0.6	0.19	-0.31	0.42	-0.58	-0.18	-0.18	0.31		0.42	-0.59	-0.46	0.64	0.72	0.25
Other Stockholder Equity	0.77	0.79	0.37	0.87	0.87	0.19	0.59	0.26	0.43	0.09	0.52	0.4	-0.15	0.02	-0.12	0.37	0.67	0.74	-0.38	0.42		-0.16	0.23	0.8	0.05	0.95
Deferred Long Term Liab	0.3	-0.09	0.47	-0.06	-0.32	0.69	-0.35	0.67	0.38	-0.47	0.56	0.54	-0.22	0.27	-0.41	0.72	-0.2	0.36	-0.07	-0.59	-0.16		0.23	-0.12	-0.61	0.03
Long Term Investments	0.42	0.65	0.71	0.04	-0.11	0.35	-0.3	0.69	0.09	-0.34	0.04	0.65	-0.35	0.32	-0.54	0.48	0.43	0.36	-0.73	-0.46	0.23	0.23		-0.25	-0.82	0.18
Total Current Assets	0.63	0.36	0.08	0.89	0.92	0.21	0.72	0.05	0.62	0.2	0.69	0.12	-0.01	-0.1	0.06	0.19	0.22	0.6	-0.06	0.64	0.8	-0.12	-0.25		0.31	0.8
Treasury Stock	-0.4	-0.39	-0.82	0.09	0.36	-0.71	0.34	-0.89	-0.31	0.55	-0.26	-0.79	0.37	-0.44	0.66	-0.68	-0.15	-0.4	0.62	0.72	0.05	-0.61	-0.82	0.31		-0.03
Non Current Assets Total	0.83	0.75	0.5	0.85	0.82	0.36	0.59	0.37	0.61	0.02	0.7	0.53	-0.16	0.06	-0.19	0.54	0.68	0.88	-0.36	0.25	0.95	0.03	0.18	0.8	-0.03

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Shenzhen Hifuture Account Relationship Matchups

Shenzhen Hifuture fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.0B	955.7M	811.1M	944.0M	1.1B	1.6B
Other Current Liab	138.0M	181.0M	3.5M	10.1M	11.6M	11.0M
Total Current Liabilities	586.2M	608.3M	585.1M	700.7M	805.8M	453.6M
Total Stockholder Equity	829.5M	103.3M	20.6M	17.5M	20.2M	19.2M
Retained Earnings	(661.4M)	(884.3M)	(1.1B)	(1.1B)	(989.4M)	(939.9M)
Accounts Payable	271.8M	192.0M	168.3M	225.6M	259.4M	138.0M
Cash	115.1M	80.8M	94.2M	71.5M	82.2M	78.1M
Other Assets	338.9M	402.1M	305.6M	227.8M	262.0M	142.7M
Net Receivables	114.7M	264.5M	91.8M	174.6M	200.8M	225.6M
Inventory	29.1M	35.5M	34.4M	66.2M	76.1M	71.1M
Other Current Assets	110.8M	34.0M	10.5M	12.3M	14.2M	13.5M
Total Liab	1.0B	821.7M	763.2M	898.0M	1.0B	611.3M
Intangible Assets	12.1M	12.1M	13.7M	37.8M	43.5M	24.5M
Property Plant Equipment	101.5M	84.8M	162.0M	164.2M	188.9M	243.8M
Long Term Debt	459.2M	196.4M	156.6M	142.5M	163.9M	277.0M
Other Liab	193.9M	12.9M	13.3M	12.7M	14.6M	13.9M
Net Tangible Assets	711.1M	688.4M	343.0M	91.0M	81.9M	77.8M
Other Stockholder Equity	41.7M	33.0M	9.7M	(19.6M)	(17.6M)	(16.7M)
Deferred Long Term Liab	15.3M	99.2M	83.3M	37.0M	42.5M	39.6M
Total Current Assets	831.0M	414.7M	290.3M	404.0M	363.6M	345.5M
Non Current Assets Total	956.5M	541.0M	520.9M	539.9M	485.9M	461.6M
Non Currrent Assets Other	20.2M	13.7M	9.4M	3.8M	3.4M	3.3M
Non Current Liabilities Total	472.5M	213.4M	178.1M	197.3M	177.6M	268.0M
Short Long Term Debt	357M	142.3M	13M	5.7M	5.2M	4.9M
Net Debt	486.4M	115.6M	75.4M	76.7M	69.1M	65.6M
Net Invested Capital	1.4B	299.7M	190.2M	165.8M	149.2M	141.7M
Net Working Capital	475.5M	(193.6M)	(294.9M)	(296.6M)	(267.0M)	(253.6M)
Capital Lease Obligations	9.4M	4.3M	3.4M	32.4M	37.3M	39.1M
Property Plant And Equipment Net	162.0M	164.2M	165.0M	163.6M	188.2M	162.7M
Property Plant And Equipment Gross	339.2M	345.7M	356.9M	246.0M	282.9M	339.1M

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Balance Sheet is a snapshot of the financial position of Shenzhen Hifuture at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Hifuture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Hifuture 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 Long Term Investments vs Long Term Debt Analysis

Long Term Investments vs Long Term Debt

Long Term Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Long Term Investments

Long Term Debt

Shenzhen Hifuture fundamental ratios Correlations

Shenzhen Hifuture Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Hifuture fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

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Total Liab	+ 0.98	Total Current Liabilities
Non Current Assets Total	+ 0.95	Other Stockholder Equity
Other Assets	+ 0.92	Total Current Liabilities
Total Current Assets	+ 0.92	Retained Earnings
Property Plant Equipment	+ 0.92	Inventory
Retained Earnings	+ 0.91	Total Stockholder Equity

Treasury Stock	- 0.89	Other Assets
Treasury Stock	- 0.82	Long Term Investments
Treasury Stock	- 0.82	Total Current Liabilities
Treasury Stock	- 0.79	Total Liab
Long Term Investments	- 0.73	Short Term Investments
Treasury Stock	- 0.71	Accounts Payable