Shannon Intangible Assets vs Property Plant Equipment Analysis

300475 Stock   26.75  0.45  1.65%   
Shannon Semiconductor financial indicator trend analysis is much more than just breaking down Shannon Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shannon Semiconductor is a good investment. Please check the relationship between Shannon Semiconductor Intangible Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shannon Semiconductor Technology. 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.

Intangible Assets vs Property Plant Equipment

Intangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shannon Semiconductor Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shannon Semiconductor's Intangible Assets and Property Plant Equipment is 0.8. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Shannon Semiconductor Technology, assuming nothing else is changed. The correlation between historical values of Shannon Semiconductor's Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Shannon Semiconductor Technology are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Shannon Semiconductor's Intangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant Equipment

Most indicators from Shannon Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shannon Semiconductor 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 Shannon Semiconductor Technology. 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 113.9 M, whereas Selling General Administrative is forecasted to decline to about 37.8 M.
 2022 2023 2024 2025 (projected)
Operating Income509.7M530.9M610.6M641.1M
Total Revenue13.8B11.3B13.0B13.6B

Shannon Semiconductor fundamental ratios Correlations

0.360.950.840.560.970.780.330.780.40.960.080.950.170.810.41-0.93-0.760.960.90.99-0.690.94-0.650.770.92
0.360.570.12-0.070.130.40.510.140.10.150.530.57-0.060.340.11-0.43-0.340.510.430.37-0.360.570.07-0.080.36
0.950.570.720.550.850.760.30.680.420.890.161.00.040.740.26-0.96-0.760.980.910.95-0.740.99-0.520.640.91
0.840.120.720.590.870.610.330.920.430.820.040.720.280.880.52-0.7-0.620.720.870.82-0.510.72-0.370.810.89
0.56-0.070.550.590.570.41-0.230.470.690.7-0.360.56-0.280.44-0.27-0.71-0.590.620.710.6-0.430.55-0.290.750.75
0.970.130.850.870.570.750.290.810.370.97-0.020.850.240.80.47-0.84-0.730.870.820.96-0.610.84-0.720.840.86
0.780.40.760.610.410.750.470.440.670.750.10.73-0.010.470.18-0.76-0.50.780.690.76-0.540.68-0.680.710.65
0.330.510.30.33-0.230.290.470.27-0.020.150.10.290.030.510.39-0.16-0.410.290.240.33-0.140.28-0.190.160.22
0.780.140.680.920.470.810.440.270.170.730.080.680.320.920.65-0.59-0.620.640.770.79-0.320.69-0.280.650.82
0.40.10.420.430.690.370.67-0.020.170.48-0.150.4-0.270.12-0.31-0.55-0.190.470.60.37-0.50.35-0.250.630.53
0.960.150.890.820.70.970.750.150.730.48-0.080.890.120.720.28-0.93-0.750.920.860.96-0.690.88-0.70.840.9
0.080.530.160.04-0.36-0.020.10.10.08-0.15-0.080.160.680.070.47-0.030.230.120.10.06-0.060.150.13-0.170.04
0.950.571.00.720.560.850.730.290.680.40.890.160.050.760.27-0.96-0.770.980.910.95-0.741.0-0.50.620.91
0.17-0.060.040.28-0.280.24-0.010.030.32-0.270.120.680.050.240.80.050.170.050.070.14-0.110.06-0.130.120.08
0.810.340.740.880.440.80.470.510.920.120.720.070.760.240.59-0.64-0.810.730.780.84-0.40.77-0.280.610.85
0.410.110.260.52-0.270.470.180.390.65-0.310.280.470.270.80.59-0.08-0.130.210.250.38-0.10.28-0.220.230.27
-0.93-0.43-0.96-0.7-0.71-0.84-0.76-0.16-0.59-0.55-0.93-0.03-0.960.05-0.64-0.080.75-0.98-0.91-0.930.78-0.950.55-0.7-0.91
-0.76-0.34-0.76-0.62-0.59-0.73-0.5-0.41-0.62-0.19-0.750.23-0.770.17-0.81-0.130.75-0.8-0.67-0.840.41-0.780.42-0.56-0.77
0.960.510.980.720.620.870.780.290.640.470.920.120.980.050.730.21-0.98-0.80.90.96-0.750.98-0.570.690.92
0.90.430.910.870.710.820.690.240.770.60.860.10.910.070.780.25-0.91-0.670.90.88-0.750.91-0.330.740.98
0.990.370.950.820.60.960.760.330.790.370.960.060.950.140.840.38-0.93-0.840.960.88-0.630.95-0.630.760.92
-0.69-0.36-0.74-0.51-0.43-0.61-0.54-0.14-0.32-0.5-0.69-0.06-0.74-0.11-0.4-0.10.780.41-0.75-0.75-0.63-0.730.37-0.49-0.69
0.940.570.990.720.550.840.680.280.690.350.880.151.00.060.770.28-0.95-0.780.980.910.95-0.73-0.470.60.92
-0.650.07-0.52-0.37-0.29-0.72-0.68-0.19-0.28-0.25-0.70.13-0.5-0.13-0.28-0.220.550.42-0.57-0.33-0.630.37-0.47-0.7-0.37
0.77-0.080.640.810.750.840.710.160.650.630.84-0.170.620.120.610.23-0.7-0.560.690.740.76-0.490.6-0.70.77
0.920.360.910.890.750.860.650.220.820.530.90.040.910.080.850.27-0.91-0.770.920.980.92-0.690.92-0.370.77
Click cells to compare fundamentals

Shannon Semiconductor Account Relationship Matchups

Shannon Semiconductor fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.5B4.4B4.3B4.5B5.2B5.5B
Other Current Liab2.4M598.8M69.5M30.1M34.7M32.9M
Total Current Liabilities119.5M1.8B1.5B1.3B1.5B1.5B
Total Stockholder Equity1.3B1.6B1.9B2.6B3.0B1.5B
Other Liab17.6M21.2M21.8M30.7M35.3M24.5M
Retained Earnings699.7M923.2M1.2B1.4B1.6B1.7B
Accounts Payable103.1M503.9M87.2M477.8M549.5M577.0M
Cash591.0M769.2M144.2M453.4M521.5M484.9M
Other Assets14.2M27.4M21.1M32.2M37.1M18.8M
Net Receivables75.5M420.1M272.0M621.2M714.4M374.4M
Inventory50.0M669.4M1.2B1.4B1.7B1.7B
Other Current Assets8.3M487.0M1.8M4.5M5.2M4.9M
Total Liab140.7M2.8B2.3B1.9B2.2B2.3B
Intangible Assets14.4M11.0M12.5M12.9M14.8M15.5M
Property Plant Equipment142.5M132.0M107.8M95.3M109.6M111.9M
Net Tangible Assets1.2B1.3B1.3B456.0M410.4M389.9M
Short Term Investments683M370.4M16.4M9.9M8.9M8.5M
Deferred Long Term Liab502.3K407.1K6.0M4.9M5.6M5.9M
Total Current Assets880.4M2.8B2.7B2.9B3.3B1.9B
Non Current Assets Total617.0M1.6B1.5B1.6B1.9B2.0B
Non Currrent Assets Other23.1M1.1M497.1K2.0M1.8M1.7M
Non Current Liabilities Total21.2M944.4M853.9M608.9M700.2M735.3M
Net Invested Capital1.3B3.1B3.5B3.6B4.2B2.4B
Net Working Capital760.9M960.4M1.3B1.6B1.9B1.2B
Property Plant And Equipment Net132.0M107.8M95.3M83.4M75.0M89.7M
Property Plant And Equipment Gross204.6M177.4M95.3M171.4M154.2M136.4M

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Other Information on Investing in Shannon Stock

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