Shenzhen Free Cash Flow vs Depreciation 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 Free Cash Flow and its Depreciation 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.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen New Nanshan Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have no relationship.

The correlation between Shenzhen New's Free Cash Flow and Depreciation is 0.08. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation 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 Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Shenzhen New Nanshan are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Shenzhen New's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

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Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Shenzhen New Nanshan value has been used up. For tax purposes Shenzhen New can deduct the cost of the tangible assets it purchases as business expenses. However, Shenzhen New Nanshan must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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

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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

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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.

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Shenzhen Free Cash Flow vs Depreciation Analysis

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow

Depreciation

Shenzhen New fundamental ratios Correlations

Shenzhen New Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen New fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

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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