SIASUN Total Current Assets vs Total Revenue Analysis

300024 Stock   19.41  1.28  6.19%   
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 Total Current Assets and its Total Revenue 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.

Total Current Assets vs Total Revenue

Total Current Assets vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIASUN Robot Automation Total Current Assets account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SIASUN Robot's Total Current Assets and Total Revenue is 0.9. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Revenue 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 Total Current Assets and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of SIASUN Robot Automation are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Current Assets i.e., SIASUN Robot's Total Current Assets and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Revenue

Total revenue comprises all receipts SIASUN Robot Automation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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
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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.