Shenzhen Net Receivables vs Other Current Liab Analysis

002215 Stock   9.50  0.07  0.73%   
Shenzhen Noposion financial indicator trend analysis is much more than just breaking down Shenzhen Noposion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Noposion is a good investment. Please check the relationship between Shenzhen Noposion Net Receivables and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Noposion Agrochemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Other Current Liab

Net Receivables vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Noposion Net Receivables account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen Noposion's Net Receivables and Other Current Liab is 0.45. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Shenzhen Noposion Agrochemicals, assuming nothing else is changed. The correlation between historical values of Shenzhen Noposion's Net Receivables and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Shenzhen Noposion Agrochemicals are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Net Receivables i.e., Shenzhen Noposion's Net Receivables and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Other Current Liab

Most indicators from Shenzhen Noposion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Noposion 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 Noposion Agrochemicals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 518.4 M. The current year's Tax Provision is expected to grow to about 24 M
 2021 2022 2023 2024 (projected)
Research Development107.4M125.6M118.9M109.7M
Minority Interest8.1M1.3M31.1M29.5M

Shenzhen Noposion fundamental ratios Correlations

0.111.00.980.940.570.940.940.580.710.651.00.470.620.930.740.970.490.510.82-0.810.830.53-0.910.880.85
0.110.10.20.370.490.190.150.450.490.450.030.550.53-0.09-0.56-0.030.40.60.10.28-0.240.25-0.160.290.06
1.00.10.970.940.580.930.930.60.720.671.00.490.620.920.740.960.520.520.81-0.80.820.54-0.920.890.84
0.980.20.970.950.580.980.940.560.70.630.970.490.680.910.680.940.450.520.79-0.790.80.5-0.860.830.82
0.940.370.940.950.680.910.910.690.80.710.910.60.730.80.540.850.610.630.76-0.620.650.63-0.880.90.76
0.570.490.580.580.680.540.480.860.910.850.520.920.820.270.140.40.780.780.38-0.10.090.36-0.690.780.34
0.940.190.930.980.910.540.880.480.650.610.930.410.630.890.640.890.390.410.77-0.760.760.39-0.790.780.79
0.940.150.930.940.910.480.880.480.650.550.930.390.590.880.70.940.450.520.78-0.770.760.7-0.860.810.8
0.580.450.60.560.690.860.480.480.910.870.530.880.70.280.170.420.840.720.41-0.050.180.51-0.760.830.38
0.710.490.720.70.80.910.650.650.910.950.660.840.790.450.250.560.820.720.59-0.220.260.59-0.840.920.55
0.650.450.670.630.710.850.610.550.870.950.610.750.640.420.210.510.790.590.56-0.170.250.47-0.790.880.51
1.00.031.00.970.910.520.930.930.530.660.610.420.570.950.780.980.450.460.83-0.850.870.51-0.890.860.86
0.470.550.490.490.60.920.410.390.880.840.750.420.820.140.040.30.80.870.220.030.020.35-0.650.680.21
0.620.530.620.680.730.820.630.590.70.790.640.570.820.380.210.490.470.830.51-0.260.260.4-0.650.650.5
0.93-0.090.920.910.80.270.890.880.280.450.420.950.140.380.790.970.190.230.86-0.950.950.38-0.740.70.9
0.74-0.560.740.680.540.140.640.70.170.250.210.780.040.210.790.810.130.060.57-0.830.820.33-0.630.50.61
0.97-0.030.960.940.850.40.890.940.420.560.510.980.30.490.970.810.330.370.84-0.90.920.53-0.840.780.88
0.490.40.520.450.610.780.390.450.840.820.790.450.80.470.190.130.330.660.170.040.010.56-0.740.770.15
0.510.60.520.520.630.780.410.520.720.720.590.460.870.830.230.060.370.660.3-0.10.110.41-0.640.640.3
0.820.10.810.790.760.380.770.780.410.590.560.830.220.510.860.570.840.170.3-0.780.780.46-0.70.750.99
-0.810.28-0.8-0.79-0.62-0.1-0.76-0.77-0.05-0.22-0.17-0.850.03-0.26-0.95-0.83-0.90.04-0.1-0.78-0.95-0.240.57-0.5-0.84
0.83-0.240.820.80.650.090.760.760.180.260.250.870.020.260.950.820.920.010.110.78-0.950.3-0.620.540.85
0.530.250.540.50.630.360.390.70.510.590.470.510.350.40.380.330.530.560.410.46-0.240.3-0.650.620.43
-0.91-0.16-0.92-0.86-0.88-0.69-0.79-0.86-0.76-0.84-0.79-0.89-0.65-0.65-0.74-0.63-0.84-0.74-0.64-0.70.57-0.62-0.65-0.95-0.71
0.880.290.890.830.90.780.780.810.830.920.880.860.680.650.70.50.780.770.640.75-0.50.540.62-0.950.73
0.850.060.840.820.760.340.790.80.380.550.510.860.210.50.90.610.880.150.30.99-0.840.850.43-0.710.73
Click cells to compare fundamentals

Shenzhen Noposion Account Relationship Matchups

Shenzhen Noposion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B6.0B7.8B9.8B10.9B11.4B
Other Current Liab703.3M887.9M997.4M1.2B10.8M10.3M
Total Current Liabilities2.9B2.9B3.8B4.7B5.4B5.7B
Total Stockholder Equity2.3B2.4B3.0B3.7B3.8B3.9B
Retained Earnings1.1B1.2B1.4B1.5B1.4B1.4B
Accounts Payable671.8M727.3M942.7M625.2M689.0M433.0M
Cash752.7M754.3M1.2B1.3B1.3B1.4B
Other Assets170.8M251.4M213.6M259.7M298.7M313.6M
Net Receivables990.3M674.1M575.8M735.1M623.9M375.7M
Inventory1.1B1.2B1.3B1.1B1.2B631.7M
Other Current Assets490.1M578.3M681.1M602.0M585.3M311.5M
Total Liab3.0B3.0B4.2B5.5B6.6B7.0B
Intangible Assets282.1M239.1M251.1M220.3M180.2M142.9M
Property Plant Equipment510.2M620.6M1.4B2.4B2.8B2.9B
Other Liab74.9M118.8M113.1M217.6M250.2M262.7M
Net Tangible Assets1.9B2.0B2.6B3.4B3.9B2.2B
Short Term Investments357M341.6M259.7M156.8M70M66.5M
Other Stockholder Equity15.0M(1.6M)(2.1M)500.2M575.3M604.0M
Deferred Long Term Liab46.6M77.1M20.2M33.0M37.9M29.5M
Total Current Assets3.7B3.7B4.4B4.2B4.4B3.7B
Non Current Assets Total2.2B2.2B3.4B5.6B6.5B3.4B
Non Currrent Assets Other68.3M103.7M116.1M139.8M121.6M87.9M
Non Current Liabilities Total74.9M143.7M433.1M774.0M1.2B1.3B
Short Long Term Debt1.4B1.1B1.6B2.7B3.5B3.7B
Non Current Liabilities Other5.9M20.2M16.8M20.6M22.7M14.6M
Net Debt637.6M350.4M387.9M1.5B2.4B2.5B
Net Invested Capital3.7B3.5B4.6B6.4B7.4B4.9B
Net Working Capital800.9M861.2M606.8M(590.8M)(980.5M)(931.5M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Shenzhen Stock

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