Shenzhen Total Revenue vs Net Interest Income Analysis

002238 Stock   10.43  0.18  1.76%   
Shenzhen Topway financial indicator trend analysis is much more than just breaking down Shenzhen Topway Video prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Topway Video is a good investment. Please check the relationship between Shenzhen Topway Total Revenue and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Topway Video. 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.

Total Revenue vs Net Interest Income

Total Revenue vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Topway Video Total Revenue account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shenzhen Topway's Total Revenue and Net Interest Income is -0.45. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Shenzhen Topway Video, assuming nothing else is changed. The correlation between historical values of Shenzhen Topway's Total Revenue and Net Interest 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 Total Revenue of Shenzhen Topway Video are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Revenue i.e., Shenzhen Topway's Total Revenue and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Shenzhen Topway Video generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Shenzhen Topway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Topway Video 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 Topway Video. 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 136.6 M, whereas Discontinued Operations is forecasted to decline to (39.4 K).
 2021 2022 2023 2024 (projected)
Operating Income137.3M91.6M123.4M165.4M
Total Revenue1.8B1.5B1.5B1.4B

Shenzhen Topway fundamental ratios Correlations

0.280.850.90.50.790.80.720.440.080.580.640.680.80.950.910.91-0.120.160.84-0.480.58-0.320.29-0.73-0.16
0.280.040.430.110.6-0.180.3-0.020.24-0.030.420.47-0.040.420.190.220.450.570.170.05-0.36-0.11-0.58-0.110.55
0.850.040.550.510.390.860.40.520.080.680.770.360.990.730.960.77-0.48-0.20.81-0.650.81-0.550.4-0.77-0.21
0.90.430.550.320.950.580.830.230.030.380.390.760.470.930.690.840.190.40.68-0.250.26-0.10.12-0.54-0.06
0.50.110.510.320.430.460.170.850.490.250.620.520.590.460.460.170.060.340.66-0.310.35-0.140.2-0.56-0.14
0.790.60.390.950.430.410.780.270.140.240.410.820.310.870.530.660.40.60.61-0.140.05-0.02-0.05-0.450.05
0.8-0.180.860.580.460.410.470.43-0.140.80.580.330.850.680.830.74-0.56-0.260.79-0.80.86-0.520.69-0.77-0.59
0.720.30.40.830.170.780.47-0.120.030.180.260.580.320.80.480.660.120.260.37-0.070.08-0.010.03-0.13-0.02
0.44-0.020.520.230.850.270.43-0.120.360.350.530.340.60.360.470.17-0.040.190.65-0.370.49-0.120.29-0.72-0.17
0.080.240.080.030.490.14-0.140.030.36-0.110.240.140.120.180.06-0.170.230.180.050.19-0.150.03-0.330.010.4
0.58-0.030.680.380.250.240.80.180.35-0.110.480.050.670.490.720.58-0.58-0.430.62-0.880.74-0.560.55-0.68-0.43
0.640.420.770.390.620.410.580.260.530.240.480.390.770.630.710.43-0.34-0.020.61-0.60.51-0.60.11-0.67-0.05
0.680.470.360.760.520.820.330.580.340.140.050.390.330.660.470.610.320.570.58-0.060.150.150.14-0.42-0.11
0.8-0.040.990.470.590.310.850.320.60.120.670.770.330.670.930.69-0.51-0.240.79-0.640.84-0.520.45-0.76-0.25
0.950.420.730.930.460.870.680.80.360.180.490.630.660.670.80.81-0.010.220.71-0.380.4-0.290.13-0.6-0.04
0.910.190.960.690.460.530.830.480.470.060.720.710.470.930.80.88-0.36-0.090.86-0.630.75-0.480.35-0.78-0.16
0.910.220.770.840.170.660.740.660.17-0.170.580.430.610.690.810.88-0.20.020.74-0.450.59-0.280.36-0.61-0.2
-0.120.45-0.480.190.060.4-0.560.12-0.040.23-0.58-0.340.32-0.51-0.01-0.36-0.20.85-0.130.72-0.780.58-0.690.30.61
0.160.57-0.20.40.340.6-0.260.260.190.18-0.43-0.020.57-0.240.22-0.090.020.850.220.4-0.510.3-0.49-0.050.41
0.840.170.810.680.660.610.790.370.650.050.620.610.580.790.710.860.74-0.130.22-0.630.66-0.40.39-0.85-0.27
-0.480.05-0.65-0.25-0.31-0.14-0.8-0.07-0.370.19-0.88-0.6-0.06-0.64-0.38-0.63-0.450.720.4-0.63-0.810.69-0.650.730.62
0.58-0.360.810.260.350.050.860.080.49-0.150.740.510.150.840.40.750.59-0.78-0.510.66-0.81-0.480.81-0.74-0.65
-0.32-0.11-0.55-0.1-0.14-0.02-0.52-0.01-0.120.03-0.56-0.60.15-0.52-0.29-0.48-0.280.580.3-0.40.69-0.48-0.180.50.18
0.29-0.580.40.120.2-0.050.690.030.29-0.330.550.110.140.450.130.350.36-0.69-0.490.39-0.650.81-0.18-0.44-0.94
-0.73-0.11-0.77-0.54-0.56-0.45-0.77-0.13-0.720.01-0.68-0.67-0.42-0.76-0.6-0.78-0.610.3-0.05-0.850.73-0.740.5-0.440.35
-0.160.55-0.21-0.06-0.140.05-0.59-0.02-0.170.4-0.43-0.05-0.11-0.25-0.04-0.16-0.20.610.41-0.270.62-0.650.18-0.940.35
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Shenzhen Topway Account Relationship Matchups

Shenzhen Topway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B3.9B3.7B4.0B4.4B3.3B
Other Current Liab509.6M647.8M617.4M7.9M21.8M20.7M
Total Current Liabilities983.8M1.5B1.2B1.6B1.7B898.5M
Total Stockholder Equity2.6B2.2B2.3B2.3B2.3B2.2B
Other Liab95.4M96.0M91.9M83.0M95.4M86.3M
Retained Earnings1.8B1.4B1.4B1.1B1.1B1.3B
Accounts Payable359.9M435.9M484.3M624.4M636.5M668.3M
Cash932.6M1.1B871.5M1.1B988.6M1.0B
Other Assets466.5M425.7M384.0M410.5M472.1M380.3M
Net Receivables117.3M92.6M337.3M196.7M204.7M214.9M
Inventory28.4M61.4M40.3M27.4M29.3M23.8M
Other Current Assets45.2M40.8M22.4M9.4M45.2M31.1M
Total Liab1.1B1.6B1.4B1.7B1.9B1.0B
Intangible Assets310.7M316.4M309.6M302.0M302.8M209.2M
Property Plant Equipment1.2B1.2B1.2B1.2B1.4B1.1B
Net Tangible Assets2.5B2.3B1.9B2.0B1.8B1.8B
Deferred Long Term Liab202.3M210.2M178.0M152.4M137.2M154.3M
Total Current Assets1.7B1.5B1.3B1.6B1.5B1.3B
Non Current Assets Total2.2B2.4B2.4B2.5B2.8B2.6B
Non Currrent Assets Other22.1M17.6M26.3M27.9M48.0M32.6M
Non Current Liabilities Total96.0M91.9M121.0M119.5M277.6M291.4M
Short Term Investments570M548M50M21.4M19.3M18.3M
Net Invested Capital2.6B2.4B2.3B2.5B2.8B2.1B
Net Working Capital687.9M(32.9M)79.8M8.1M(148.2M)(140.8M)

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Other Information on Investing in Shenzhen Stock

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