Shenzhen Change To Liabilities vs Net Borrowings Analysis

300136 Stock   25.58  0.28  1.11%   
Shenzhen Sunway financial indicator trend analysis is much more than just breaking down Shenzhen Sunway Comm prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Sunway Comm is a good investment. Please check the relationship between Shenzhen Sunway Change To Liabilities and its Net Borrowings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Sunway Communication. 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 Liabilities vs Net Borrowings

Change To Liabilities vs Net Borrowings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Sunway Comm Change To Liabilities account and Net Borrowings. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shenzhen Sunway's Change To Liabilities and Net Borrowings is 0.67. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Net Borrowings in the same time period over historical financial statements of Shenzhen Sunway Communication, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunway's Change To Liabilities and Net Borrowings 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 Liabilities of Shenzhen Sunway Communication are associated (or correlated) with its Net Borrowings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Borrowings has no effect on the direction of Change To Liabilities i.e., Shenzhen Sunway's Change To Liabilities and Net Borrowings go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Liabilities

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.
Most indicators from Shenzhen Sunway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunway Comm 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 Sunway Communication. 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 62.8 M, whereas Selling General Administrative is forecasted to decline to about 112.1 M.
 2021 2022 2023 2024 (projected)
Operating Income609.1M829.6M701.5M568.0M
Total Revenue7.6B8.6B7.5B7.9B

Shenzhen Sunway fundamental ratios Correlations

0.280.981.00.990.880.990.970.930.990.890.890.930.840.950.8-0.131.00.990.620.760.990.990.650.760.91
0.280.330.270.250.370.270.250.220.280.290.250.220.40.210.120.020.280.280.510.320.240.320.17-0.270.16
0.980.330.970.950.870.960.970.920.950.850.840.920.870.930.84-0.170.980.990.60.780.940.980.650.720.82
1.00.270.970.980.871.00.950.920.990.90.890.920.820.940.8-0.110.990.990.620.750.990.980.640.750.9
0.990.250.950.980.90.990.970.890.990.890.890.890.820.950.72-0.120.980.970.630.691.00.980.610.720.92
0.880.370.870.870.90.870.840.670.90.680.670.670.910.760.6-0.260.880.850.850.730.880.920.520.60.81
0.990.270.961.00.990.870.950.920.990.920.910.920.80.950.78-0.150.980.980.610.70.990.980.620.740.91
0.970.250.970.950.970.840.950.920.940.850.880.920.810.980.74-0.120.980.980.520.70.960.960.670.680.87
0.930.220.920.920.890.670.920.920.890.850.911.00.680.940.86-0.040.940.960.390.670.90.910.610.750.85
0.990.280.950.990.990.90.990.940.890.890.890.890.820.920.75-0.120.980.970.660.730.990.980.610.740.93
0.890.290.850.90.890.680.920.850.850.890.940.850.580.910.69-0.020.860.870.370.510.910.830.510.560.78
0.890.250.840.890.890.670.910.880.910.890.940.910.540.950.690.010.880.880.320.480.910.860.510.590.87
0.930.220.920.920.890.670.920.921.00.890.850.910.670.940.86-0.040.940.960.390.670.90.910.610.760.85
0.840.40.870.820.820.910.80.810.680.820.580.540.670.690.63-0.250.850.840.850.90.790.870.690.590.69
0.950.210.930.940.950.760.950.980.940.920.910.950.940.690.74-0.070.950.950.390.60.950.930.610.660.87
0.80.120.840.80.720.60.780.740.860.750.690.690.860.630.74-0.170.80.830.380.680.730.80.430.820.62
-0.130.02-0.17-0.11-0.12-0.26-0.15-0.12-0.04-0.12-0.020.01-0.04-0.25-0.07-0.17-0.16-0.14-0.22-0.18-0.1-0.17-0.28-0.22-0.11
1.00.280.980.990.980.880.980.980.940.980.860.880.940.850.950.8-0.160.990.620.760.981.00.650.760.91
0.990.280.990.990.970.850.980.980.960.970.870.880.960.840.950.83-0.140.990.580.770.970.980.670.760.88
0.620.510.60.620.630.850.610.520.390.660.370.320.390.850.390.38-0.220.620.580.690.60.680.360.40.59
0.760.320.780.750.690.730.70.70.670.730.510.480.670.90.60.68-0.180.760.770.690.670.770.780.640.61
0.990.240.940.991.00.880.990.960.90.990.910.910.90.790.950.73-0.10.980.970.60.670.970.590.720.93
0.990.320.980.980.980.920.980.960.910.980.830.860.910.870.930.8-0.171.00.980.680.770.970.610.740.91
0.650.170.650.640.610.520.620.670.610.610.510.510.610.690.610.43-0.280.650.670.360.780.590.610.430.56
0.76-0.270.720.750.720.60.740.680.750.740.560.590.760.590.660.82-0.220.760.760.40.640.720.740.430.74
0.910.160.820.90.920.810.910.870.850.930.780.870.850.690.870.62-0.110.910.880.590.610.930.910.560.74
Click cells to compare fundamentals

Shenzhen Sunway Account Relationship Matchups

Shenzhen Sunway fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4B11.0B12.1B12.2B12.9B13.5B
Other Current Liab5.5M196.0K364.4K350.4M243.4K231.2K
Total Current Liabilities2.7B4.0B4.1B4.8B3.7B3.9B
Total Stockholder Equity4.7B5.5B6.0B6.6B7.0B7.4B
Property Plant And Equipment Net2.3B2.7B3.1B2.9B3.1B3.3B
Net Debt1.8B1.0B1.7B1.3B1.1B1.2B
Retained Earnings3.4B4.0B4.4B4.9B5.4B5.6B
Accounts Payable995.6M2.2B2.2B2.0B1.8B1.9B
Cash444.2M1.8B1.8B1.8B2.0B2.1B
Non Current Assets Total4.2B4.1B5.1B5.1B5.9B6.2B
Non Currrent Assets Other150.7M261.8M276.7M563.1M526.2M552.5M
Other Assets213.9M1.0371.3M695.4M799.7M839.7M
Cash And Short Term Investments444.2M1.8B1.8B1.8B2.0B2.1B
Net Receivables2.9B2.6B2.4B2.5B2.2B1.2B
Liabilities And Stockholders Equity8.4B11.0B12.1B12.2B12.9B13.5B
Inventory608.9M2.2B2.4B2.4B2.2B2.4B
Other Current Assets158.9M306.2M340.1M411.4M428.6M450.1M
Other Stockholder Equity314.6M186.5M252.3M330.7M304.7M316.0M
Total Liab3.6B5.4B6.1B5.5B5.8B6.1B
Total Current Assets4.2B6.8B7.0B7.1B7.0B7.3B
Intangible Assets862.9M315.9M369.5M405.0M451.7M260.6M
Common Stock975.6M968.6M962.9M967.6M1.1B593.0M
Property Plant Equipment1.6B2.3B2.7B3.1B3.5B3.7B
Short Long Term Debt Total2.3B2.8B3.5B3.1B3.1B3.2B
Other Liab42.4M45.2M82.1M72.5M83.3M43.8M
Current Deferred Revenue301.0M388.2M356.3M32.4M476.3M500.1M
Non Current Liabilities Total861.8M1.4B2.0B773.4M2.1B2.2B
Short Term Debt1.4B1.5B1.5B2.4B1.5B916.7M
Net Tangible Assets2.3B3.3B4.7B5.1B5.9B3.1B
Short Term Investments(185.3M)3.5M(247.6M)5.0M21.8M22.9M
Deferred Long Term Liab91.8M225.0M238.0M332.3M382.1M401.3M
Long Term Debt816.5M1.3B1.8B616.8M1.5B1.0B
Short Long Term Debt888.4M1.5B1.5B1.4B693.3M1.2B
Net Invested Capital6.4B8.3B9.3B8.6B9.2B8.1B
Net Working Capital1.4B2.8B2.9B2.3B3.3B2.5B

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Other Information on Investing in Shenzhen Stock

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