Shenzhen Total Assets vs Total Stockholder Equity Analysis

002215 Stock   9.77  0.27  2.84%   
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 Total Assets and its Total Stockholder Equity 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.

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Noposion Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen Noposion's Total Assets and Total Stockholder Equity is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity 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 Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Shenzhen Noposion Agrochemicals are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Shenzhen Noposion's Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Shenzhen Noposion assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shenzhen Noposion books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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)

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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.