Shenzhen Intangible Assets vs Deferred Long Term Liab 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 Intangible Assets and its Deferred Long Term Liab 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.

Intangible Assets vs Deferred Long Term Liab

Intangible Assets vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Bingchuan Intangible Assets account and Deferred Long Term Liab. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Shenzhen Bingchuan's Intangible Assets and Deferred Long Term Liab is 0.15. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Deferred Long Term Liab 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 Intangible Assets and Deferred Long Term Liab 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 Shenzhen Bingchuan Network are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Intangible Assets i.e., Shenzhen Bingchuan's Intangible Assets and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Intangible Assets

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

Deferred Long Term Liab

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