Shenzhen Capital Expenditures vs Net Income Analysis

002314 Stock

2.30 0.02 0.88%

Shenzhen New financial indicator trend analysis is much more than just breaking down Shenzhen New Nanshan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen New Nanshan is a good investment. Please check the relationship between Shenzhen New 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 New Nanshan. 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.

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 New Nanshan Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Shenzhen New's Capital Expenditures and Net Income is 0.37. 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 New Nanshan, assuming nothing else is changed. The correlation between historical values of Shenzhen New'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 New Nanshan 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 New's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Shenzhen New Nanshan 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 New 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 New Nanshan financial statement analysis. It represents the amount of money remaining after all of Shenzhen New Nanshan operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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

As of January 7, 2025, Selling General Administrative is expected to decline to about 395.4 M. In addition to that, Tax Provision is expected to decline to about 85.4 M

	2022	2023	2024	2025 (projected)
Operating Income	901.9M	1.1B	1.3B	943.8M
Total Revenue	12.2B	12.1B	13.9B	14.6B

Operating Income Total Revenue

Shenzhen New fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.68	1.0	0.84	0.99	0.97	0.96	0.99	0.99	0.22	0.98	0.92	1.0	0.98	0.76	0.98	0.89	-0.52	-0.95	-0.54	0.91	0.79	0.38	0.94	0.92	0.93
Other Current Liab	0.68		0.69	0.76	0.68	0.52	0.74	0.64	0.59	0.65	0.74	0.43	0.67	0.68	0.76	0.61	0.69	0.02	-0.72	0.03	0.76	0.74	0.71	0.78	0.73	0.63
Total Current Liabilities	1.0	0.69		0.85	0.99	0.97	0.96	0.99	0.98	0.27	0.98	0.92	1.0	0.97	0.77	0.98	0.87	-0.52	-0.96	-0.52	0.91	0.8	0.37	0.94	0.92	0.93
Total Stockholder Equity	0.84	0.76	0.85		0.85	0.75	0.87	0.82	0.78	0.32	0.9	0.69	0.83	0.84	0.98	0.76	0.8	-0.28	-0.88	-0.26	0.88	0.9	0.6	0.9	0.88	0.87
Retained Earnings	0.99	0.68	0.99	0.85		0.96	0.94	0.99	0.98	0.21	0.98	0.89	0.99	0.98	0.77	0.97	0.88	-0.55	-0.96	-0.52	0.91	0.82	0.41	0.94	0.92	0.93
Accounts Payable	0.97	0.52	0.97	0.75	0.96		0.89	0.97	0.97	0.13	0.92	0.94	0.97	0.94	0.65	0.98	0.79	-0.62	-0.91	-0.66	0.83	0.7	0.16	0.87	0.84	0.91
Cash	0.96	0.74	0.96	0.87	0.94	0.89		0.91	0.92	0.34	0.97	0.88	0.96	0.94	0.83	0.89	0.91	-0.32	-0.92	-0.33	0.9	0.81	0.51	0.92	0.95	0.86
Other Assets	0.99	0.64	0.99	0.82	0.99	0.97	0.91		0.97	0.22	0.96	0.9	0.98	0.96	0.74	0.98	0.84	-0.6	-0.97	-0.55	0.88	0.8	0.32	0.92	0.9	0.92
Long Term Debt	0.99	0.59	0.98	0.78	0.98	0.97	0.92	0.97		0.11	0.96	0.93	0.99	0.97	0.68	0.99	0.87	-0.57	-0.91	-0.62	0.91	0.73	0.32	0.92	0.87	0.93
Net Receivables	0.22	0.65	0.27	0.32	0.21	0.13	0.34	0.22	0.11		0.23	0.07	0.21	0.17	0.38	0.18	0.15	0.34	-0.36	0.5	0.26	0.43	0.24	0.33	0.26	0.17
Inventory	0.98	0.74	0.98	0.9	0.98	0.92	0.97	0.96	0.96	0.23		0.88	0.98	0.97	0.84	0.94	0.91	-0.46	-0.94	-0.46	0.92	0.83	0.51	0.94	0.95	0.9
Other Current Assets	0.92	0.43	0.92	0.69	0.89	0.94	0.88	0.9	0.93	0.07	0.88		0.93	0.9	0.61	0.91	0.82	-0.54	-0.85	-0.59	0.79	0.67	0.19	0.83	0.83	0.84
Total Liab	1.0	0.67	1.0	0.83	0.99	0.97	0.96	0.98	0.99	0.21	0.98	0.93		0.98	0.75	0.98	0.89	-0.52	-0.94	-0.55	0.92	0.78	0.38	0.94	0.92	0.93
Intangible Assets	0.98	0.68	0.97	0.84	0.98	0.94	0.94	0.96	0.97	0.17	0.97	0.9	0.98		0.76	0.96	0.94	-0.45	-0.94	-0.51	0.93	0.81	0.47	0.94	0.95	0.93
Common Stock	0.76	0.76	0.77	0.98	0.77	0.65	0.83	0.74	0.68	0.38	0.84	0.61	0.75	0.76		0.64	0.75	-0.17	-0.83	-0.11	0.79	0.89	0.65	0.81	0.86	0.76
Property Plant Equipment	0.98	0.61	0.98	0.76	0.97	0.98	0.89	0.98	0.99	0.18	0.94	0.91	0.98	0.96	0.64		0.83	-0.59	-0.92	-0.63	0.89	0.73	0.26	0.92	0.85	0.93
Other Liab	0.89	0.69	0.87	0.8	0.88	0.79	0.91	0.84	0.87	0.15	0.91	0.82	0.89	0.94	0.75	0.83		-0.24	-0.85	-0.31	0.9	0.83	0.67	0.88	0.93	0.83
Short Term Investments	-0.52	0.02	-0.52	-0.28	-0.55	-0.62	-0.32	-0.6	-0.57	0.34	-0.46	-0.54	-0.52	-0.45	-0.17	-0.59	-0.24		0.49	0.78	-0.34	-0.26	0.22	-0.39	-0.36	-0.51
Net Tangible Assets	-0.95	-0.72	-0.96	-0.88	-0.96	-0.91	-0.92	-0.97	-0.91	-0.36	-0.94	-0.85	-0.94	-0.94	-0.83	-0.92	-0.85	0.49		0.37	-0.88	-0.92	-0.44	-0.92	-0.94	-0.91
Other Stockholder Equity	-0.54	0.03	-0.52	-0.26	-0.52	-0.66	-0.33	-0.55	-0.62	0.5	-0.46	-0.59	-0.55	-0.51	-0.11	-0.63	-0.31	0.78	0.37		-0.42	-0.08	0.29	-0.42	-0.3	-0.58
Deferred Long Term Liab	0.91	0.76	0.91	0.88	0.91	0.83	0.9	0.88	0.91	0.26	0.92	0.79	0.92	0.93	0.79	0.89	0.9	-0.34	-0.88	-0.42		0.84	0.54	0.99	0.87	0.96
Long Term Investments	0.79	0.74	0.8	0.9	0.82	0.7	0.81	0.8	0.73	0.43	0.83	0.67	0.78	0.81	0.89	0.73	0.83	-0.26	-0.92	-0.08	0.84		0.64	0.86	0.88	0.81
Short Long Term Debt	0.38	0.71	0.37	0.6	0.41	0.16	0.51	0.32	0.32	0.24	0.51	0.19	0.38	0.47	0.65	0.26	0.67	0.22	-0.44	0.29	0.54	0.64		0.49	0.63	0.34
Total Current Assets	0.94	0.78	0.94	0.9	0.94	0.87	0.92	0.92	0.92	0.33	0.94	0.83	0.94	0.94	0.81	0.92	0.88	-0.39	-0.92	-0.42	0.99	0.86	0.49		0.89	0.97
Short Term Debt	0.92	0.73	0.92	0.88	0.92	0.84	0.95	0.9	0.87	0.26	0.95	0.83	0.92	0.95	0.86	0.85	0.93	-0.36	-0.94	-0.3	0.87	0.88	0.63	0.89		0.85
Non Current Assets Total	0.93	0.63	0.93	0.87	0.93	0.91	0.86	0.92	0.93	0.17	0.9	0.84	0.93	0.93	0.76	0.93	0.83	-0.51	-0.91	-0.58	0.96	0.81	0.34	0.97	0.85

Click cells to compare fundamentals

Shenzhen New Account Relationship Matchups

Shenzhen New fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	52.3B	71.2B	69.3B	72.8B	83.7B	87.9B
Other Current Liab	12.0B	18.7B	14.3B	4.9B	5.7B	6.1B
Total Current Liabilities	21.9B	34.6B	30.9B	33.1B	38.0B	39.9B
Total Stockholder Equity	9.5B	9.6B	10.2B	10.3B	11.8B	6.2B
Retained Earnings	4.2B	4.9B	5.6B	5.3B	6.1B	6.4B
Accounts Payable	2.0B	4.2B	4.1B	5.1B	5.9B	6.2B
Cash	8.4B	9.9B	6.0B	8.2B	9.5B	9.9B
Other Assets	4.4B	6.0B	9.5B	10.5B	12.0B	12.6B
Long Term Debt	14.6B	16.2B	17.1B	19.8B	22.8B	23.9B
Net Receivables	1.3B	6.8B	869.6M	776.4M	892.9M	848.3M
Inventory	21.7B	22.5B	24.1B	22.8B	26.2B	27.5B
Other Current Assets	983.9M	1.4B	1.0B	2.3B	2.7B	2.8B
Total Liab	40.4B	53.7B	51.1B	55.1B	63.3B	66.5B
Intangible Assets	5.3B	5.9B	6.5B	6.4B	7.4B	7.7B
Property Plant Equipment	4.7B	6.0B	9.5B	9.9B	11.3B	11.9B
Other Liab	3.3B	4.2B	2.7B	3.0B	3.4B	3.6B
Net Tangible Assets	4.3B	4.5B	3.6B	3.7B	3.3B	3.6B
Other Stockholder Equity	5.3M	5.4M	4.7M	(10.0M)	(9.0M)	(8.6M)
Deferred Long Term Liab	49.7M	79.5M	80.9M	75.5M	86.8M	52.6M
Short Long Term Debt	3.2B	1.1B	1.7B	330.3M	379.8M	360.8M
Total Current Assets	34.7B	42.8B	37.7B	38.1B	43.8B	29.2B
Non Current Assets Total	18.4B	28.5B	31.6B	34.7B	39.9B	20.0B
Non Currrent Assets Other	737.0M	1.7B	851.0M	987.9M	1.1B	1.2B
Non Current Liabilities Total	18.8B	19.0B	20.3B	22.0B	25.3B	14.1B
Non Current Liabilities Other	3.5B	1.9B	2.1B	1.6B	1.8B	2.0B
Net Debt	9.5B	7.3B	12.8B	11.9B	13.7B	7.3B
Net Invested Capital	27.3B	26.8B	29.0B	30.4B	35.0B	24.4B
Net Working Capital	12.2B	8.1B	6.8B	5.0B	4.5B	5.9B
Property Plant And Equipment Net	6.0B	9.5B	9.9B	10.5B	12.1B	8.9B
Property Plant And Equipment Gross	7.1B	10.8B	9.9B	10.5B	12.1B	9.6B

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.

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin

Other Information on Investing in Shenzhen Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

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 New fundamental ratios Correlations

Shenzhen New Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen New fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Total Assets

Net Tangible Assets	- 0.97	Other Assets
Net Tangible Assets	- 0.96	Retained Earnings
Net Tangible Assets	- 0.96	Total Current Liabilities
Net Tangible Assets	- 0.95	Total Assets
Short Term Debt	- 0.94	Net Tangible Assets
Net Tangible Assets	- 0.94	Intangible Assets