Shenzhen Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

002822 Stock   4.05  0.06  1.46%   
Shenzhen Zhongzhuang financial indicator trend analysis is much more than just breaking down Shenzhen Zhongzhuang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Zhongzhuang is a good investment. Please check the relationship between Shenzhen Zhongzhuang Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Zhongzhuang Construction. 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Zhongzhuang Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenzhen Zhongzhuang's Non Currrent Assets Other and Property Plant And Equipment Net is 0.8. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Shenzhen Zhongzhuang Construction, assuming nothing else is changed. The correlation between historical values of Shenzhen Zhongzhuang's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Shenzhen Zhongzhuang Construction are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Shenzhen Zhongzhuang's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Shenzhen Zhongzhuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Zhongzhuang 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 Zhongzhuang Construction. 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.
As of December 1, 2024, Selling General Administrative is expected to decline to about 41.2 M. The current year's Tax Provision is expected to grow to about (17.6 K)
 2021 2022 2023 2024 (projected)
Interest Expense106.9M119.9M104.0M63.0M
Depreciation And Amortization64.9M76.7M86.6M91.0M

Shenzhen Zhongzhuang fundamental ratios Correlations

0.980.711.00.980.550.770.680.710.880.980.780.850.760.270.780.80.920.410.730.850.780.940.991.00.96
0.980.730.960.920.590.790.640.770.810.940.720.860.820.310.780.750.880.410.790.860.780.870.990.970.93
0.710.730.690.650.560.640.130.590.640.70.470.660.650.830.550.510.680.130.630.620.520.550.730.70.65
1.00.960.690.980.520.750.70.70.890.980.780.840.720.240.770.80.910.410.690.840.760.930.980.990.97
0.980.920.650.980.440.680.670.590.940.940.880.770.650.190.70.890.890.350.610.790.740.970.940.990.98
0.550.590.560.520.440.940.580.910.240.610.130.870.640.340.850.150.540.260.890.870.820.460.60.50.39
0.770.790.640.750.680.940.740.960.50.80.390.980.80.280.960.420.760.330.950.970.910.680.810.740.64
0.680.640.130.70.670.580.740.730.520.70.470.80.6-0.290.830.470.650.570.670.820.790.690.680.680.63
0.710.770.590.70.590.910.960.730.430.730.280.960.840.280.930.320.660.450.960.950.860.550.770.670.59
0.880.810.640.890.940.240.50.520.430.820.910.620.560.240.540.920.780.320.440.630.570.860.820.910.95
0.980.940.70.980.940.610.80.70.730.820.690.860.70.270.810.710.950.380.720.870.790.920.970.970.91
0.780.720.470.780.880.130.390.470.280.910.690.490.450.020.41.00.670.140.360.520.510.850.70.830.88
0.850.860.660.840.770.870.980.80.960.620.860.490.850.270.970.530.810.440.940.990.920.750.880.820.75
0.760.820.650.720.650.640.80.60.840.560.70.450.850.390.820.520.750.50.910.80.730.570.80.730.65
0.270.310.830.240.190.340.28-0.290.280.240.270.020.270.390.210.080.310.110.330.220.140.080.310.240.18
0.780.780.550.770.70.850.960.830.930.540.810.40.970.820.210.440.790.450.90.950.890.70.810.750.66
0.80.750.510.80.890.150.420.470.320.920.711.00.530.520.080.440.710.160.410.550.520.850.730.850.89
0.920.880.680.910.890.540.760.650.660.780.950.670.810.750.310.790.710.380.70.790.730.870.920.920.82
0.410.410.130.410.350.260.330.570.450.320.380.140.440.50.110.450.160.380.390.450.40.270.430.390.35
0.730.790.630.690.610.890.950.670.960.440.720.360.940.910.330.90.410.70.390.920.860.580.780.690.59
0.850.860.620.840.790.870.970.820.950.630.870.520.990.80.220.950.550.790.450.920.930.770.870.830.76
0.780.780.520.760.740.820.910.790.860.570.790.510.920.730.140.890.520.730.40.860.930.750.790.760.68
0.940.870.550.930.970.460.680.690.550.860.920.850.750.570.080.70.850.870.270.580.770.750.890.950.92
0.990.990.730.980.940.60.810.680.770.820.970.70.880.80.310.810.730.920.430.780.870.790.890.980.92
1.00.970.70.990.990.50.740.680.670.910.970.830.820.730.240.750.850.920.390.690.830.760.950.980.97
0.960.930.650.970.980.390.640.630.590.950.910.880.750.650.180.660.890.820.350.590.760.680.920.920.97
Click cells to compare fundamentals

Shenzhen Zhongzhuang Account Relationship Matchups

Shenzhen Zhongzhuang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B7.3B9.2B9.6B8.1B5.1B
Short Long Term Debt Total1.3B1.5B2.8B2.9B2.6B1.3B
Other Current Liab239.1M105.9M230.2M884.5M159.7M161.3M
Total Current Liabilities3.0B3.8B4.2B4.4B3.8B2.5B
Total Stockholder Equity2.9B3.3B3.7B3.6B2.8B2.2B
Other Liab16.5M18.8M11.6M242.1M278.4M292.3M
Property Plant And Equipment Net257.3M393.7M550.7M912.5M950.6M998.2M
Current Deferred Revenue391.5M784.8M783.3M142.1M907.3M952.7M
Net Debt(23.7M)250.6M1.0B1.6B1.9B2.0B
Retained Earnings1.0B1.2B1.3B1.3B472.4M732.5M
Accounts Payable1.2B1.4B1.4B1.6B1.5B986.4M
Cash1.4B1.3B1.8B1.3B641.4M1.0B
Non Current Assets Total667.8M957.1M1.3B1.7B1.8B1.8B
Non Currrent Assets Other23.3M75.0M490.4M394.2M275.0M288.7M
Long Term Debt99.5M133.5M940.6M1.2B1.3B1.4B
Cash And Short Term Investments1.4B1.3B2.0B1.5B648.7M1.1B
Net Receivables3.8B4.7B5.4B5.9B4.9B2.9B
Common Stock Shares Outstanding603.9M698.3M709.2M562.5M716.4M630.0M
Liabilities And Stockholders Equity6.1B7.3B9.2B9.6B8.1B5.1B
Non Current Liabilities Total149.9M18.8M1.2B1.4B1.5B1.5B
Inventory239.3M288.8M371.7M472.0M526.2M552.5M
Other Current Assets9.9M16.0M31.2M41.5M60.5M63.6M
Other Stockholder Equity1.1B1.3B1.3B1.2B1.3B875.1M
Total Liab3.2B3.8B5.4B5.9B5.3B2.9B
Total Current Assets5.4B6.3B7.8B7.9B6.4B4.4B
Short Term Debt1.2B1.5B1.8B1.8B1.2B999.5M
Intangible Assets299.9M339.3M312.4M283.9M254.2M172.6M
Common Stock683.3M721.4M720.5M713.6M713.6M510.4M
Property Plant Equipment257.3M393.7M550.7M912.5M1.0B1.1B
Good Will3.8M85.0M93.2M185.5M176.4M185.2M
Net Tangible Assets2.6B2.9B3.3B3.2B3.6B2.6B
Deferred Long Term Liab1.3M1.3M797.8K1.3M1.2M1.4M
Short Long Term Debt1.2B1.4B1.8B1.7B1.0B1.4B
Non Current Liabilities Other12.5M12.9M7.5M33.0M71.2M74.7M
Short Term Investments(1.3M)29.7M210.7M157.2M7.3M7.0M
Net Invested Capital4.2B4.8B6.4B6.5B5.2B5.3B
Net Working Capital2.4B2.5B3.6B3.5B2.6B2.8B
Capital Stock683.3M721.4M720.5M713.6M713.6M761.3M

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Other Information on Investing in Shenzhen Stock

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