Guangdong Net Receivables vs Common Stock Analysis

300221 Stock   6.57  0.02  0.31%   
Guangdong Silvere financial indicator trend analysis is much more than just examining Guangdong Silvere Sci latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Silvere Sci is a good investment. Please check the relationship between Guangdong Silvere Net Receivables and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Silvere Sci. 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.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Silvere Sci Net Receivables account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Guangdong Silvere's Net Receivables and Common Stock is 0.75. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock in the same time period over historical financial statements of Guangdong Silvere Sci, assuming nothing else is changed. The correlation between historical values of Guangdong Silvere's Net Receivables and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Guangdong Silvere Sci are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., Guangdong Silvere's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Common Stock

Most indicators from Guangdong Silvere's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Silvere Sci 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 Guangdong Silvere Sci. 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 106.4 M, whereas Tax Provision is forecasted to decline to (17.6 K).
 2021 2022 2023 2024 (projected)
Gross Profit361.7M293.1M284.1M336.0M
Research Development105.9M81.7M80.5M96.2M

Guangdong Silvere fundamental ratios Correlations

0.260.930.980.590.080.93-0.020.730.870.940.60.950.690.790.940.290.90.51-0.050.750.420.830.880.780.69
0.260.330.23-0.18-0.280.5-0.050.210.530.29-0.010.270.210.360.150.310.180.13-0.1-0.06-0.240.170.380.34-0.21
0.930.330.850.70.180.91-0.030.620.910.90.50.990.550.670.870.150.760.31-0.040.730.450.880.860.640.6
0.980.230.850.480.060.910.020.750.80.90.590.870.70.780.90.340.920.53-0.070.730.40.750.840.790.71
0.59-0.180.70.480.390.44-0.070.180.480.620.350.720.280.380.69-0.250.350.090.040.60.570.730.410.240.51
0.08-0.280.180.060.39-0.020.37-0.13-0.080.11-0.170.12-0.3-0.330.0-0.45-0.14-0.620.330.430.880.2-0.18-0.390.57
0.930.50.910.910.44-0.02-0.10.770.910.890.510.90.690.820.830.330.860.43-0.150.570.280.790.90.850.49
-0.02-0.05-0.030.02-0.070.37-0.1-0.3-0.080.03-0.35-0.07-0.46-0.4-0.230.06-0.15-0.220.270.260.310.07-0.1-0.330.22
0.730.210.620.750.18-0.130.77-0.30.570.590.560.630.90.720.670.220.850.36-0.040.370.060.450.730.770.41
0.870.530.910.80.48-0.080.91-0.080.570.890.490.910.520.750.80.270.710.5-0.090.510.20.780.850.720.36
0.940.290.90.90.620.110.890.030.590.890.560.920.570.750.90.20.740.51-0.010.630.40.820.80.710.54
0.6-0.010.50.590.35-0.170.51-0.350.560.490.560.560.580.660.750.160.570.40.130.28-0.030.370.410.510.32
0.950.270.990.870.720.120.9-0.070.630.910.920.560.60.720.920.160.80.42-0.010.730.430.90.870.690.61
0.690.210.550.70.28-0.30.69-0.460.90.520.570.580.60.780.730.230.810.55-0.050.31-0.060.40.680.790.32
0.790.360.670.780.38-0.330.82-0.40.720.750.750.660.720.780.840.130.750.62-0.220.27-0.040.570.70.880.24
0.940.150.870.90.690.00.83-0.230.670.80.90.750.920.730.840.130.820.55-0.030.660.310.770.780.730.59
0.290.310.150.34-0.25-0.450.330.060.220.270.20.160.160.230.130.130.460.51-0.220.2-0.170.20.460.480.11
0.90.180.760.920.35-0.140.86-0.150.850.710.740.570.80.810.750.820.460.6-0.060.680.250.710.910.860.65
0.510.130.310.530.09-0.620.43-0.220.360.50.510.40.420.550.620.550.510.6-0.090.22-0.240.360.590.710.11
-0.05-0.1-0.04-0.070.040.33-0.150.27-0.04-0.09-0.010.13-0.01-0.05-0.22-0.03-0.22-0.06-0.090.190.250.07-0.11-0.280.24
0.75-0.060.730.730.60.430.570.260.370.510.630.280.730.310.270.660.20.680.220.190.730.750.670.310.92
0.42-0.240.450.40.570.880.280.310.060.20.4-0.030.43-0.06-0.040.31-0.170.25-0.240.250.730.550.2-0.010.82
0.830.170.880.750.730.20.790.070.450.780.820.370.90.40.570.770.20.710.360.070.750.550.810.630.63
0.880.380.860.840.41-0.180.9-0.10.730.850.80.410.870.680.70.780.460.910.59-0.110.670.20.810.820.51
0.780.340.640.790.24-0.390.85-0.330.770.720.710.510.690.790.880.730.480.860.71-0.280.31-0.010.630.820.28
0.69-0.210.60.710.510.570.490.220.410.360.540.320.610.320.240.590.110.650.110.240.920.820.630.510.28
Click cells to compare fundamentals

Guangdong Silvere Account Relationship Matchups

Guangdong Silvere fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.6B2.0B1.8B1.8B1.5B
Other Current Liab24.2M28.7M125.4M85.7M432.3K410.7K
Total Current Liabilities296.4M501.6M756.3M477.4M416.3M500.2M
Total Stockholder Equity997.9M1.0B1.2B1.2B1.3B975.4M
Other Liab9.8M18.9M3.3M6.5M7.5M7.1M
Retained Earnings(325.5M)(224.5M)(151.0M)(156.6M)(165.1M)(156.9M)
Accounts Payable178.8M256.1M375.2M300.0M256.4M226.4M
Cash80.9M43.2M105.8M98.5M44.1M41.9M
Other Assets11.7M25.0M34.1M45.3M52.1M54.7M
Net Receivables553.8M536.2M973.3M461.9M476.0M519.7M
Inventory263.0M226.9M281.4M250.3M205.7M234.6M
Other Current Assets52.5M37.3M45.6M53.3M98.7M49.3M
Total Liab437.6M520.5M785.4M502.5M516.4M550.3M
Intangible Assets49.6M47.7M46.3M103.0M89.5M94.0M
Common Stock452.3M449.9M476.2M474.6M545.7M337.0M
Property Plant Equipment355.1M332.5M344.4M369.8M425.3M317.0M
Net Tangible Assets941.7M994.8M1.1B1.1B1.3B1.2B
Long Term Debt64.1M91M131.4M44.8M51.5M62.9M
Other Stockholder Equity(2.3M)(53.2M)(5.7M)(2.8M)(2.5M)(2.6M)
Deferred Long Term Liab7.7M8.5M10.1M10.6M9.5M10.3M
Short Long Term Debt69.1M63.3M206.3M56.0M53.6M50.9M
Total Current Assets998.5M1.2B1.5B1.2B1.1B1.4B
Non Current Assets Total456.7M437.4M457.8M554.1M794.2M560.9M
Non Currrent Assets Other891.2K1.3M10.0M22.4M24.0M12.1M
Non Current Liabilities Total141.2M18.9M29.0M25.1M100.1M61.8M
Net Debt119.2M20.1M100.5M54.3M48.9M46.4M
Common Stock Shares Outstanding452.3M449.9M476.2M474.6M427.1M381.5M
Short Term Investments48.3M82.9M88.8M130.5M3.1M3.0M
Net Invested Capital1.2B1.1B1.4B1.3B1.4B1.3B
Net Working Capital702.1M658.2M738.4M741.3M634.8M574.5M
Capital Stock452.3M449.9M476.2M474.6M427.1M377.6M

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 Guangdong Stock

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