Shenzhen Deferred Long Term Liab vs Net Working Capital Analysis

300533 Stock   22.69  0.83  3.53%   
Shenzhen Bingchuan financial indicator trend analysis is much more than just breaking down Shenzhen Bingchuan prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Bingchuan is a good investment. Please check the relationship between Shenzhen Bingchuan Deferred Long Term Liab and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Bingchuan Network. 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.

Deferred Long Term Liab vs Net Working Capital

Deferred Long Term Liab vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Bingchuan Deferred Long Term Liab account and Net Working Capital. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shenzhen Bingchuan's Deferred Long Term Liab and Net Working Capital is -0.16. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Shenzhen Bingchuan Network, assuming nothing else is changed. The correlation between historical values of Shenzhen Bingchuan's Deferred Long Term Liab and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of Shenzhen Bingchuan Network are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Deferred Long Term Liab i.e., Shenzhen Bingchuan's Deferred Long Term Liab and Net Working Capital go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Net Working Capital

Most indicators from Shenzhen Bingchuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Bingchuan 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 Bingchuan Network. 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 1.9 B, whereas Tax Provision is forecasted to decline to about 12.3 M.
 2022 2023 2024 2025 (projected)
Cost Of Revenue122.1M140.0M161.0M169.1M
Research Development380.3M534.5M614.7M645.4M

Shenzhen Bingchuan fundamental ratios Correlations

0.710.70.950.860.690.580.750.730.350.70.780.910.650.96-0.690.230.890.980.680.060.79-0.230.580.76-0.16
0.710.80.520.490.750.420.780.760.110.790.460.690.80.51-0.840.490.530.690.63-0.320.68-0.220.490.65-0.24
0.70.80.520.410.980.350.960.990.31.00.550.650.990.62-0.980.390.540.760.96-0.170.69-0.680.730.82-0.64
0.950.520.520.940.520.610.60.570.370.520.740.870.450.98-0.480.090.880.940.520.190.74-0.180.390.670.0
0.860.490.410.940.410.570.510.470.280.40.550.790.330.88-0.360.050.820.830.370.180.76-0.110.140.640.22
0.690.750.980.520.410.240.940.990.290.980.50.630.960.64-0.970.320.580.760.96-0.120.72-0.680.730.87-0.59
0.580.420.350.610.570.240.240.30.270.340.720.530.270.54-0.27-0.220.260.520.260.10.11-0.170.230.2-0.22
0.750.780.960.60.510.940.240.960.250.960.540.740.960.69-0.930.560.660.80.94-0.220.82-0.630.670.87-0.51
0.730.760.990.570.470.990.30.960.330.990.530.670.960.68-0.960.330.620.790.97-0.070.74-0.680.730.88-0.59
0.350.110.30.370.280.290.270.250.330.310.280.260.230.41-0.25-0.20.460.370.360.370.2-0.30.320.27-0.29
0.70.791.00.520.40.980.340.960.990.310.550.650.990.62-0.970.390.540.750.96-0.170.68-0.690.740.82-0.65
0.780.460.550.740.550.50.720.540.530.280.550.680.530.75-0.530.150.590.750.570.070.34-0.250.640.41-0.44
0.910.690.650.870.790.630.530.740.670.260.650.680.620.85-0.630.350.820.870.63-0.120.77-0.220.530.72-0.14
0.650.80.990.450.330.960.270.960.960.230.990.530.620.56-0.970.510.490.710.94-0.270.66-0.670.720.78-0.66
0.960.510.620.980.880.640.540.690.680.410.620.750.850.56-0.580.110.880.970.650.180.77-0.320.490.76-0.14
-0.69-0.84-0.98-0.48-0.36-0.97-0.27-0.93-0.96-0.25-0.97-0.53-0.63-0.97-0.58-0.44-0.54-0.74-0.920.23-0.680.54-0.72-0.760.57
0.230.490.390.090.050.32-0.220.560.33-0.20.390.150.350.510.11-0.440.250.230.35-0.560.48-0.090.250.29-0.16
0.890.530.540.880.820.580.260.660.620.460.540.590.820.490.88-0.540.250.870.570.20.84-0.140.480.740.02
0.980.690.760.940.830.760.520.80.790.370.750.750.870.710.97-0.740.230.870.740.050.83-0.350.570.82-0.21
0.680.630.960.520.370.960.260.940.970.360.960.570.630.940.65-0.920.350.570.74-0.070.65-0.750.810.82-0.72
0.06-0.32-0.170.190.18-0.120.1-0.22-0.070.37-0.170.07-0.12-0.270.180.23-0.560.20.05-0.07-0.06-0.020.01-0.020.07
0.790.680.690.740.760.720.110.820.740.20.680.340.770.660.77-0.680.480.840.830.65-0.06-0.320.340.880.02
-0.23-0.22-0.68-0.18-0.11-0.68-0.17-0.63-0.68-0.3-0.69-0.25-0.22-0.67-0.320.54-0.09-0.14-0.35-0.75-0.02-0.32-0.47-0.630.76
0.580.490.730.390.140.730.230.670.730.320.740.640.530.720.49-0.720.250.480.570.810.010.34-0.470.57-0.76
0.760.650.820.670.640.870.20.870.880.270.820.410.720.780.76-0.760.290.740.820.82-0.020.88-0.630.57-0.32
-0.16-0.24-0.640.00.22-0.59-0.22-0.51-0.59-0.29-0.65-0.44-0.14-0.66-0.140.57-0.160.02-0.21-0.720.070.020.76-0.76-0.32
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Shenzhen Bingchuan Account Relationship Matchups

Shenzhen Bingchuan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.2B2.8B2.7B3.1B1.6B
Other Current Liab181.7M312.8M529.6M344.8M396.6M267.0M
Total Current Liabilities270.9M512.3M1.0B994.2M1.1B1.2B
Total Stockholder Equity1.7B1.6B1.8B1.6B1.9B1.2B
Retained Earnings730.9M630.1M755.2M466.5M536.5M496.2M
Accounts Payable2.1M1.9M7.0M6.8M7.8M8.2M
Cash472.5M492.9M737.1M647.0M744.1M652.2M
Other Assets11.1M16.7M33.1M37.6M43.3M45.4M
Net Receivables53.3M69.2M183.9M184.5M212.2M222.8M
Other Current Assets49.4M18.1M84.4M300.4M345.5M362.8M
Total Liab270.9M532.1M1.1B1.1B1.2B1.3B
Intangible Assets716.7K1.2M911.6K1.6M1.8M952.1K
Common Stock100.8M151.0M150.8M152.4M175.2M106.9M
Property Plant Equipment2.9M6.9M30.8M47.8M55.0M57.8M
Net Tangible Assets1.7B1.7B1.6B1.8B2.1B1.6B
Other Stockholder Equity531.7K(294.1K)(3.8M)(11.7M)(10.6M)(10.0M)
Deferred Long Term Liab1.6M3.6M15.8M6.6M7.6M4.9M
Total Current Assets1.9B2.0B2.6B2.3B2.7B2.0B
Non Current Assets Total90.8M127.4M191.2M327.3M376.3M395.2M
Non Currrent Assets Other48.8M68.2M10.7M28.0M25.2M28.5M
Short Term Investments1.3B1.5B1.6B1.2B1.3B1.3B
Non Current Liabilities Total7.7M19.8M18.3M58.1M66.8M70.1M
Common Stock Shares Outstanding151.0M150.8M152.4M231.1M265.8M178.9M
Net Invested Capital1.7B1.6B1.8B1.6B1.9B1.8B
Net Working Capital1.6B1.5B1.6B1.3B1.2B1.2B
Capital Stock151.0M150.8M152.4M231.1M265.8M162.7M
Property Plant And Equipment Net6.9M30.8M47.8M88.1M101.3M106.4M
Property Plant And Equipment Gross23.3M48.4M47.8M112.9M129.8M136.3M

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Other Information on Investing in Shenzhen Stock

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