Shandong Selling General Administrative vs Property Plant Equipment Analysis

002726 Stock   7.55  0.30  3.82%   
Shandong Longda financial indicator trend analysis is much more than just breaking down Shandong Longda Meat prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Longda Meat is a good investment. Please check the relationship between Shandong Longda Selling General Administrative and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Longda Meat. 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.

Selling General Administrative vs Property Plant Equipment

Selling General Administrative vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Longda Meat Selling General Administrative account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shandong Longda's Selling General Administrative and Property Plant Equipment is 0.56. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Shandong Longda Meat, assuming nothing else is changed. The correlation between historical values of Shandong Longda's Selling General Administrative and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Shandong Longda Meat are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Selling General Administrative i.e., Shandong Longda's Selling General Administrative and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Selling General Administrative

Property Plant Equipment

Most indicators from Shandong Longda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Longda Meat 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 Shandong Longda Meat. 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 Tax Provision is expected to grow to about 69.3 M, whereas Selling General Administrative is forecasted to decline to about 256.5 M.

Shandong Longda fundamental ratios Correlations

0.620.930.850.660.340.940.940.880.740.920.860.560.910.70.940.78-0.560.940.89-0.780.930.880.950.740.95
0.620.520.73-0.110.820.470.540.270.010.520.880.980.39-0.040.490.07-0.380.350.26-0.460.780.180.380.010.52
0.930.520.720.750.110.970.830.940.830.820.830.50.990.80.870.87-0.520.910.83-0.780.920.860.930.830.98
0.850.730.720.450.670.790.870.680.470.840.820.640.680.460.760.54-0.480.690.63-0.740.870.590.720.480.68
0.66-0.110.750.45-0.350.80.630.910.930.660.32-0.170.830.950.690.96-0.320.80.78-0.610.490.870.810.940.71
0.340.820.110.67-0.350.150.39-0.06-0.280.330.560.770.0-0.310.21-0.24-0.210.060.04-0.230.48-0.090.08-0.280.11
0.940.470.970.790.80.150.870.960.860.870.790.430.980.850.880.91-0.520.930.87-0.780.90.910.960.860.95
0.940.540.830.870.630.390.870.840.730.890.730.470.830.650.860.73-0.570.920.9-0.770.870.830.910.740.84
0.880.270.940.680.91-0.060.960.840.950.830.640.220.980.920.850.97-0.50.940.89-0.770.790.930.960.950.91
0.740.010.830.470.93-0.280.860.730.950.690.42-0.020.910.940.690.98-0.370.890.89-0.590.630.920.91.00.81
0.920.520.820.840.660.330.870.890.830.690.70.430.820.680.860.74-0.510.840.81-0.730.830.840.90.70.84
0.860.880.830.820.320.560.790.730.640.420.70.860.740.380.750.48-0.470.680.58-0.660.940.550.70.420.82
0.560.980.50.64-0.170.770.430.470.22-0.020.430.860.37-0.060.450.03-0.350.310.22-0.420.750.140.33-0.020.5
0.910.390.990.680.830.00.980.830.980.910.820.740.370.870.850.93-0.50.940.88-0.750.870.910.960.910.96
0.7-0.040.80.460.95-0.310.850.650.920.940.680.38-0.060.870.720.97-0.40.830.8-0.640.560.90.850.950.76
0.940.490.870.760.690.210.880.860.850.690.860.750.450.850.720.77-0.590.910.82-0.870.80.860.890.70.9
0.780.070.870.540.96-0.240.910.730.970.980.740.480.030.930.970.77-0.430.890.86-0.680.660.940.910.980.84
-0.56-0.38-0.52-0.48-0.32-0.21-0.52-0.57-0.5-0.37-0.51-0.47-0.35-0.5-0.4-0.59-0.43-0.56-0.450.79-0.51-0.48-0.51-0.37-0.53
0.940.350.910.690.80.060.930.920.940.890.840.680.310.940.830.910.89-0.560.97-0.760.820.960.980.890.94
0.890.260.830.630.780.040.870.90.890.890.810.580.220.880.80.820.86-0.450.97-0.610.750.950.960.890.87
-0.78-0.46-0.78-0.74-0.61-0.23-0.78-0.77-0.77-0.59-0.73-0.66-0.42-0.75-0.64-0.87-0.680.79-0.76-0.61-0.72-0.67-0.72-0.6-0.74
0.930.780.920.870.490.480.90.870.790.630.830.940.750.870.560.80.66-0.510.820.75-0.720.710.850.630.89
0.880.180.860.590.87-0.090.910.830.930.920.840.550.140.910.90.860.94-0.480.960.95-0.670.710.970.920.9
0.950.380.930.720.810.080.960.910.960.90.90.70.330.960.850.890.91-0.510.980.96-0.720.850.970.90.95
0.740.010.830.480.94-0.280.860.740.951.00.70.42-0.020.910.950.70.98-0.370.890.89-0.60.630.920.90.81
0.950.520.980.680.710.110.950.840.910.810.840.820.50.960.760.90.84-0.530.940.87-0.740.890.90.950.81
Click cells to compare fundamentals

Shandong Longda Account Relationship Matchups

Shandong Longda fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.6B8.2B8.0B6.3B7.3B4.2B
Other Current Liab927.4M557.4M340.0M11.6M13.3M12.6M
Total Current Liabilities4.0B3.7B3.3B3.3B3.8B4.0B
Total Stockholder Equity3.4B3.2B3.3B1.5B1.7B2.0B
Other Liab13.2M18.6M41.2M48.7M56.0M58.8M
Retained Earnings2.1B1.2B1.3B(515.3M)(592.6M)(563.0M)
Accounts Payable990.8M1.0B1.2B842.5M968.8M1.0B
Cash2.4B2.2B1.9B1.4B1.6B956.6M
Other Assets352.9M538.5M676.1M623.8M717.4M753.2M
Long Term Debt800.6M1.0B1.0B1.2B1.4B1.5B
Net Receivables489.5M914.1M621.5M444.4M511.1M360.2M
Inventory2.6B1.6B1.7B991.8M1.1B1.1B
Other Current Assets827.2M371.2M248.8M218.8K251.6K239.0K
Total Liab4.9B4.8B4.5B4.7B5.4B5.6B
Intangible Assets57.4M107.7M149.2M134.6M154.8M162.5M
Common Stock988.6M995.9M1.1B1.1B1.2B626.9M
Property Plant Equipment1.1B1.6B2.4B2.7B3.1B3.3B
Net Tangible Assets2.2B3.3B3.1B3.1B3.6B2.6B
Deferred Long Term Liab3.8M12.3M11.5M11.8M13.6M7.1M
Total Current Assets6.3B5.0B4.5B3.0B3.4B3.7B
Non Current Assets Total2.2B3.2B3.5B3.4B3.9B2.3B
Non Currrent Assets Other506.7M584.0M543.5M507.4M583.6M414.1M
Non Current Liabilities Total819.1M1.1B1.1B1.3B1.5B1.6B
Short Long Term Debt1.9B1.9B1.5B1.9B2.1B1.4B
Common Stock Shares Outstanding995.9M1.1B1.1B1.1B1.2B1.1B
Net Invested Capital6.1B6.2B5.9B4.6B5.2B5.0B
Net Working Capital2.3B1.3B1.1B(385.5M)(346.9M)(329.6M)
Capital Stock995.9M1.1B1.1B1.1B1.2B1.1B
Property Plant And Equipment Net1.4B2.2B2.5B2.7B3.1B2.2B
Net Debt341.2M785.8M677.2M1.7B1.9B1.0B
Property Plant And Equipment Gross2.0B2.9B3.3B3.6B4.1B2.9B

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 Shandong Stock

Balance Sheet is a snapshot of the financial position of Shandong Longda Meat at a specified time, usually calculated after every quarter, six months, or one year. Shandong Longda Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Longda 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 Shandong currently owns. An asset can also be divided into two categories, current and non-current.