SIASUN Change To Inventory vs Dividends Paid Analysis

300024 Stock   20.69  0.30  1.47%   
SIASUN Robot financial indicator trend analysis is much more than just breaking down SIASUN Robot Automation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SIASUN Robot Automation is a good investment. Please check the relationship between SIASUN Robot Change To Inventory and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SIASUN Robot Automation. 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.

Change To Inventory vs Dividends Paid

Change To Inventory vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIASUN Robot Automation Change To Inventory account and Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SIASUN Robot's Change To Inventory and Dividends Paid is -0.17. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of SIASUN Robot Automation, assuming nothing else is changed. The correlation between historical values of SIASUN Robot's Change To Inventory and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of SIASUN Robot Automation are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Inventory i.e., SIASUN Robot's Change To Inventory and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from SIASUN Robot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SIASUN Robot Automation 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 SIASUN Robot Automation. 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 144.8 M, whereas Tax Provision is forecasted to decline to about 13.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit249.7M308.2M550.7M479.7M
Research Development307.3M349.3M197.7M216.4M

SIASUN Robot fundamental ratios Correlations

0.580.780.810.830.180.740.760.770.770.840.90.580.790.860.880.980.77-0.380.760.930.820.830.840.83-0.72
0.580.590.180.43-0.30.460.370.680.550.130.50.440.60.650.350.520.47-0.560.730.50.450.560.440.66-0.27
0.780.590.380.92-0.360.980.480.950.990.490.930.161.00.930.790.730.9-0.760.820.80.720.960.90.96-0.71
0.810.180.380.590.650.370.770.380.390.90.670.690.40.550.80.810.460.150.410.730.70.440.590.43-0.57
0.830.430.920.59-0.120.940.570.860.930.660.950.240.930.90.920.820.83-0.610.710.820.710.860.870.87-0.7
0.18-0.3-0.360.65-0.12-0.360.27-0.33-0.360.570.010.58-0.34-0.120.190.23-0.110.82-0.190.150.3-0.220.01-0.25-0.21
0.740.460.980.370.94-0.360.450.890.980.50.910.050.980.890.790.70.88-0.750.730.770.680.940.880.92-0.71
0.760.370.480.770.570.270.450.440.490.640.60.50.490.540.60.690.46-0.190.380.540.50.50.480.46-0.47
0.770.680.950.380.86-0.330.890.440.940.420.890.230.950.950.760.740.87-0.730.950.80.70.880.870.96-0.6
0.770.550.990.390.93-0.360.980.490.940.480.920.160.990.910.810.730.87-0.770.810.780.680.930.880.93-0.65
0.840.130.490.90.660.570.50.640.420.480.750.620.50.590.810.860.620.070.40.830.810.620.730.55-0.8
0.90.50.930.670.950.010.910.60.890.920.750.390.930.950.940.880.92-0.490.810.920.880.930.960.93-0.82
0.580.440.160.690.240.580.050.50.230.160.620.390.180.30.480.580.260.270.320.550.610.270.390.24-0.37
0.790.61.00.40.93-0.340.980.490.950.990.50.930.180.930.80.750.9-0.760.820.810.720.960.90.96-0.7
0.860.650.930.550.9-0.120.890.540.950.910.590.950.30.930.840.830.9-0.590.920.870.810.890.90.96-0.73
0.880.350.790.80.920.190.790.60.760.810.810.940.480.80.840.870.77-0.310.690.90.820.780.880.77-0.72
0.980.520.730.810.820.230.70.690.740.730.860.880.580.750.830.870.73-0.340.740.920.790.780.810.79-0.69
0.770.470.90.460.83-0.110.880.460.870.870.620.920.260.90.90.770.73-0.510.80.850.840.940.940.92-0.89
-0.38-0.56-0.760.15-0.610.82-0.75-0.19-0.73-0.770.07-0.490.27-0.76-0.59-0.31-0.34-0.51-0.59-0.34-0.14-0.64-0.43-0.690.18
0.760.730.820.410.71-0.190.730.380.950.810.40.810.320.820.920.690.740.8-0.590.790.70.780.80.9-0.53
0.930.50.80.730.820.150.770.540.80.780.830.920.550.810.870.90.920.85-0.340.790.920.880.930.87-0.82
0.820.450.720.70.710.30.680.50.70.680.810.880.610.720.810.820.790.84-0.140.70.920.820.930.8-0.89
0.830.560.960.440.86-0.220.940.50.880.930.620.930.270.960.890.780.780.94-0.640.780.880.820.940.96-0.83
0.840.440.90.590.870.010.880.480.870.880.730.960.390.90.90.880.810.94-0.430.80.930.930.940.92-0.87
0.830.660.960.430.87-0.250.920.460.960.930.550.930.240.960.960.770.790.92-0.690.90.870.80.960.92-0.75
-0.72-0.27-0.71-0.57-0.7-0.21-0.71-0.47-0.6-0.65-0.8-0.82-0.37-0.7-0.73-0.72-0.69-0.890.18-0.53-0.82-0.89-0.83-0.87-0.75
Click cells to compare fundamentals

SIASUN Robot Account Relationship Matchups

SIASUN Robot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.8B11.1B12.0B11.9B6.1B
Other Current Liab215.3M2.3B2.5B2.6B78.1M74.2M
Total Current Liabilities2.7B4.7B5.4B6.3B6.0B6.3B
Total Stockholder Equity6.5B4.8B4.2B4.2B4.4B3.4B
Other Liab273.8M276.3M360.6M336.5M387.0M406.4M
Retained Earnings2.4B698.1M131.1M120.0M(25.0M)(23.8M)
Accounts Payable1.1B1.4B1.7B2.2B2.4B2.6B
Cash1.6B1.5B1.9B2.3B1.7B1.2B
Other Assets186.2M545.4M506.4M369.4M424.8M446.1M
Long Term Debt369.7M903.7M985.0M1.0B1.2B1.2B
Net Receivables1.7B775.8M1.0B1.1B1.4B794.9M
Inventory3.1B3.4B3.3B3.6B3.6B3.8B
Other Current Assets195.1M271.4M316.8M260.4M16.2M15.4M
Total Liab3.4B5.9B6.8B7.7B7.4B7.8B
Intangible Assets678.7M912.3M828.4M752.9M718.0M753.9M
Property Plant Equipment1.6B1.6B1.7B1.6B1.8B940.3M
Net Tangible Assets5.9B4.2B3.5B3.6B3.3B3.9B
Deferred Long Term Liab132.1M364.2M238.0M166.0M190.9M156.4M
Short Long Term Debt1.1B838.7M783.1M917.2M612.6M773.6M
Total Current Assets6.8B7.0B7.4B8.2B8.0B7.4B
Non Current Assets Total3.1B3.7B3.7B3.8B3.8B3.5B
Non Currrent Assets Other8.2M31.3M50.4M49.8M38.3M36.8M
Short Term Investments80.2M742.2M501.2M353.2M404.5M410.1M
Non Current Liabilities Total643.4M1.2B1.4B1.4B1.4B1.1B
Other Stockholder Equity(27.8M)3.8M(53.0M)19.3M22.2M23.3M
Net Invested Capital8.0B6.5B5.9B6.2B6.1B5.4B
Net Working Capital4.1B2.3B1.9B1.9B2.0B2.4B

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Other Information on Investing in SIASUN Stock

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