Sinosun Change In Working Capital vs Capital Expenditures Analysis

300333 Stock

14.98 2.33 13.46%

Sinosun Tech financial indicator trend analysis is much more than just breaking down Sinosun Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinosun Tech is a good investment. Please check the relationship between Sinosun Tech Change In Working Capital and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinosun Tech. 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 In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinosun Tech Change In Working Capital account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sinosun Tech's Change In Working Capital and Capital Expenditures is -0.26. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Sinosun Tech, assuming nothing else is changed. The correlation between historical values of Sinosun Tech's Change In Working Capital and Capital Expenditures 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 In Working Capital of Sinosun Tech are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change In Working Capital i.e., Sinosun Tech's Change In Working Capital and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

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Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Capital Expenditures

Capital Expenditures are funds used by Sinosun Tech to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sinosun Tech operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Sinosun Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinosun Tech 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 Sinosun Tech. 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 5.5 M. The current year's Tax Provision is expected to grow to about 13.2 M

	2022	2023	2024	2025 (projected)
Gross Profit	71.7M	81.2M	73.1M	96.4M
Total Revenue	142.4M	144.5M	166.2M	203.3M

Gross Profit Total Revenue

Sinosun Tech fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab
Total Assets		0.52	0.66	1.0	0.69	-0.51	0.17	0.11	0.5	0.51	0.38	0.38	0.56	0.42	-0.04	0.78	0.65	0.18	0.82	0.66	0.73	0.56	0.57	0.69	-0.16	-0.22
Other Current Liab	0.52		0.83	0.49	0.43	-0.45	0.72	0.28	0.46	0.18	0.2	0.69	0.44	0.12	0.5	0.11	0.49	0.29	0.18	0.83	0.45	0.81	0.31	0.41	0.36	0.11
Total Current Liabilities	0.66	0.83		0.62	0.57	-0.26	0.32	0.4	0.25	0.4	0.22	0.62	0.26	0.23	0.02	0.43	0.69	0.32	0.3	1.0	0.43	0.72	0.51	0.56	-0.1	-0.25
Total Stockholder Equity	1.0	0.49	0.62		0.69	-0.52	0.16	0.09	0.51	0.51	0.38	0.36	0.57	0.42	-0.04	0.79	0.63	0.17	0.84	0.62	0.74	0.54	0.56	0.68	-0.16	-0.21
Property Plant And Equipment Net	0.69	0.43	0.57	0.69		-0.04	0.01	-0.18	0.03	0.75	0.48	0.29	0.07	0.25	-0.06	0.76	0.51	0.26	0.32	0.57	0.2	0.57	0.83	1.0	-0.29	-0.33
Net Debt	-0.51	-0.45	-0.26	-0.52	-0.04		-0.65	-0.44	-1.0	0.39	0.38	-0.12	-0.99	0.11	-0.4	-0.04	0.01	0.19	-0.68	-0.25	-0.89	-0.23	0.32	-0.02	-0.64	-0.6
Retained Earnings	0.17	0.72	0.32	0.16	0.01	-0.65		0.26	0.66	-0.39	-0.13	0.49	0.6	-0.23	0.63	-0.34	0.05	0.17	0.04	0.32	0.51	0.59	-0.24	-0.02	0.85	0.69
Accounts Payable	0.11	0.28	0.4	0.09	-0.18	-0.44	0.26		0.44	-0.33	-0.55	0.17	0.39	-0.1	0.12	-0.07	-0.01	0.0	0.25	0.4	0.39	0.14	-0.34	-0.19	0.26	0.25
Cash	0.5	0.46	0.25	0.51	0.03	-1.0	0.66	0.44		-0.39	-0.37	0.12	0.99	-0.11	0.42	0.03	-0.01	-0.19	0.68	0.25	0.89	0.23	-0.32	0.02	0.65	0.61
Non Current Assets Total	0.51	0.18	0.4	0.51	0.75	0.39	-0.39	-0.33	-0.39		0.71	0.21	-0.33	0.59	-0.16	0.77	0.67	0.21	0.15	0.41	-0.21	0.4	0.95	0.76	-0.7	-0.78
Non Currrent Assets Other	0.38	0.2	0.22	0.38	0.48	0.38	-0.13	-0.55	-0.37	0.71		0.41	-0.29	0.41	-0.07	0.46	0.5	0.42	0.05	0.22	-0.13	0.37	0.69	0.48	-0.41	-0.55
Other Assets	0.38	0.69	0.62	0.36	0.29	-0.12	0.49	0.17	0.12	0.21	0.41		0.1	0.05	0.28	0.15	0.34	0.76	0.09	0.62	0.27	0.69	0.32	0.28	0.18	0.0
Cash And Short Term Investments	0.56	0.44	0.26	0.57	0.07	-0.99	0.6	0.39	0.99	-0.33	-0.29	0.1		-0.03	0.39	0.1	0.03	-0.24	0.74	0.25	0.9	0.2	-0.27	0.05	0.59	0.52
Net Receivables	0.42	0.12	0.23	0.42	0.25	0.11	-0.23	-0.1	-0.11	0.59	0.41	0.05	-0.03		-0.08	0.5	0.62	-0.16	0.29	0.24	0.01	0.2	0.45	0.26	-0.5	-0.71
Good Will	-0.04	0.5	0.02	-0.04	-0.06	-0.4	0.63	0.12	0.42	-0.16	-0.07	0.28	0.39	-0.08		-0.37	-0.11	0.02	-0.04	0.02	0.09	0.33	-0.14	-0.06	0.7	0.43
Common Stock Shares Outstanding	0.78	0.11	0.43	0.79	0.76	-0.04	-0.34	-0.07	0.03	0.77	0.46	0.15	0.1	0.5	-0.37		0.58	0.13	0.64	0.43	0.28	0.27	0.72	0.77	-0.6	-0.55
Inventory	0.65	0.49	0.69	0.63	0.51	0.01	0.05	-0.01	-0.01	0.67	0.5	0.34	0.03	0.62	-0.11	0.58		0.18	0.29	0.69	0.21	0.67	0.68	0.51	-0.42	-0.52
Other Current Assets	0.18	0.29	0.32	0.17	0.26	0.19	0.17	0.0	-0.19	0.21	0.42	0.76	-0.24	-0.16	0.02	0.13	0.18		-0.06	0.32	0.04	0.51	0.35	0.25	-0.04	-0.01
Other Stockholder Equity	0.82	0.18	0.3	0.84	0.32	-0.68	0.04	0.25	0.68	0.15	0.05	0.09	0.74	0.29	-0.04	0.64	0.29	-0.06		0.3	0.82	0.1	0.12	0.32	-0.04	-0.01
Total Liab	0.66	0.83	1.0	0.62	0.57	-0.25	0.32	0.4	0.25	0.41	0.22	0.62	0.25	0.24	0.02	0.43	0.69	0.32	0.3		0.43	0.72	0.51	0.56	-0.1	-0.25
Total Current Assets	0.73	0.45	0.43	0.74	0.2	-0.89	0.51	0.39	0.89	-0.21	-0.13	0.27	0.9	0.01	0.09	0.28	0.21	0.04	0.82	0.43		0.32	-0.11	0.18	0.37	0.37
Intangible Assets	0.56	0.81	0.72	0.54	0.57	-0.23	0.59	0.14	0.23	0.4	0.37	0.69	0.2	0.2	0.33	0.27	0.67	0.51	0.1	0.72	0.32		0.54	0.55	0.16	0.02
Common Stock	0.57	0.31	0.51	0.56	0.83	0.32	-0.24	-0.34	-0.32	0.95	0.69	0.32	-0.27	0.45	-0.14	0.72	0.68	0.35	0.12	0.51	-0.11	0.54		0.84	-0.6	-0.66
Property Plant Equipment	0.69	0.41	0.56	0.68	1.0	-0.02	-0.02	-0.19	0.02	0.76	0.48	0.28	0.05	0.26	-0.06	0.77	0.51	0.25	0.32	0.56	0.18	0.55	0.84		-0.31	-0.34
Net Tangible Assets	-0.16	0.36	-0.1	-0.16	-0.29	-0.64	0.85	0.26	0.65	-0.7	-0.41	0.18	0.59	-0.5	0.7	-0.6	-0.42	-0.04	-0.04	-0.1	0.37	0.16	-0.6	-0.31		0.89
Deferred Long Term Liab	-0.22	0.11	-0.25	-0.21	-0.33	-0.6	0.69	0.25	0.61	-0.78	-0.55	0.0	0.52	-0.71	0.43	-0.55	-0.52	-0.01	-0.01	-0.25	0.37	0.02	-0.66	-0.34	0.89

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Sinosun Tech Account Relationship Matchups

Sinosun Tech fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	871.6M	883.7M	728.3M	662.5M	761.9M	781.7M
Other Current Liab	53.7M	43.2M	17.9M	312.5K	359.3K	341.4K
Total Current Liabilities	63.7M	44.5M	21.3M	22.5M	25.9M	36.1M
Total Stockholder Equity	804.2M	830.7M	703.1M	634.5M	729.7M	739.3M
Property Plant And Equipment Net	103.6M	100.5M	98.2M	93.3M	107.3M	86.4M
Net Debt	(400.4M)	(256.0M)	(126.3M)	(60.6M)	(69.7M)	(73.2M)
Retained Earnings	45.5M	72.1M	(55.6M)	(124.1M)	(111.7M)	(106.1M)
Accounts Payable	10.0M	1.2M	260.9K	2.8M	2.5M	3.8M
Cash	400.4M	256.0M	127.5M	61.0M	54.9M	52.1M
Non Current Assets Total	367.4M	415.2M	427.2M	428.7M	493.0M	259.7M
Non Currrent Assets Other	1.0M	178.4M	147.5M	64.4M	74.1M	69.5M
Other Assets	115.8M	1.0	79.8M	78.7M	1.15	1.09
Cash And Short Term Investments	400.4M	366.1M	208.7M	134.9M	121.4M	115.4M
Net Receivables	31.2M	31.2M	30.0M	21.1M	24.3M	20.6M
Liabilities And Stockholders Equity	871.6M	883.7M	728.3M	662.5M	761.9M	781.7M
Inventory	55.3M	61.5M	39.2M	43.6M	50.1M	47.7M
Other Current Assets	17.4M	9.7M	23.2M	26.4M	30.4M	45.6M
Total Liab	63.7M	44.5M	21.7M	22.5M	25.9M	36.1M
Total Current Assets	504.2M	468.5M	301.1M	233.9M	268.9M	521.9M
Intangible Assets	69.0M	59.5M	8.5M	1.6M	1.8M	1.7M
Property Plant Equipment	107.5M	103.6M	100.5M	98.2M	112.9M	85.3M
Net Tangible Assets	767.7M	728.3M	764.4M	687.8M	619.0M	614.9M
Deferred Long Term Liab	33.5M	1.0M	1.0M	979.9K	881.9K	837.8K
Short Term Investments	10M	110.1M	81.2M	74.0M	66.6M	58.5M
Net Invested Capital	804.2M	830.7M	703.1M	634.5M	571.1M	628.4M
Net Working Capital	440.6M	424.1M	279.8M	211.3M	190.2M	328.7M
Current Deferred Revenue	1.4M	3.3M	2.3M	19.1M	22.0M	23.1M
Property Plant And Equipment Gross	134.0M	134.0M	98.2M	134.2M	120.8M	101.5M
Short Term Debt	(1.4M)	(3.3M)	883.0K	343.1K	394.6K	414.3K

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

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Sinosun Change In Working Capital vs Capital Expenditures Analysis

Change In Working Capital vs Capital Expenditures

Change In Working Capital vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Change In Working Capital

Capital Expenditures

Sinosun Tech fundamental ratios Correlations

Sinosun Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sinosun Tech fundamental ratios Accounts

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.99	Cash
Common Stock	+ 0.95	Non Current Assets Total
Total Current Assets	+ 0.9	Cash And Short Term Investments

Cash	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Total Current Assets	- 0.89	Net Debt
Deferred Long Term Liab	- 0.78	Non Current Assets Total
Deferred Long Term Liab	- 0.71	Net Receivables
Net Tangible Assets	- 0.7	Non Current Assets Total