Shenzhen Short Term Investments vs Long Term Investments Analysis

300533 Stock   23.48  0.97  3.97%   
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 Short Term Investments and its Long Term Investments 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.

Short Term Investments vs Long Term Investments

Short Term Investments vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Bingchuan Short Term Investments account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenzhen Bingchuan's Short Term Investments and Long Term Investments is 0.82. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Long Term Investments 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 Short Term Investments and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Shenzhen Bingchuan Network are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Short Term Investments i.e., Shenzhen Bingchuan's Short Term Investments and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Short Term Investments

Short Term Investments is an item under the current assets section of Shenzhen Bingchuan balance sheet. It contains any investments Shenzhen Bingchuan Network undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Shenzhen Bingchuan can easily liquidate in the marketplace.

Long Term Investments

Long Term Investments is an item on the asset side of Shenzhen Bingchuan balance sheet that represents investments Shenzhen Bingchuan intends to hold for over a year. Shenzhen Bingchuan Network long term investments may include different instruments such as stocks, bonds, real estate and cash.
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.
 2021 2022 2023 2024 (projected)
Cost Of Revenue47.1M122.1M140.0M147.0M
Research Development191.2M380.3M534.5M561.2M

Shenzhen Bingchuan fundamental ratios Correlations

0.650.660.960.90.650.560.70.70.30.650.730.90.570.96-0.620.190.880.980.620.080.78-0.240.430.690.12
0.650.810.460.490.730.380.730.760.030.80.350.640.750.46-0.820.470.460.630.59-0.330.66-0.210.330.58-0.02
0.660.810.480.430.970.30.950.980.211.00.440.640.980.6-0.990.390.510.720.94-0.20.68-0.720.670.75-0.46
0.960.460.480.960.480.590.550.540.330.470.720.840.380.97-0.420.040.860.940.480.20.72-0.170.270.640.22
0.90.490.430.960.420.560.50.50.260.420.570.790.30.88-0.350.030.810.870.390.190.76-0.090.090.70.35
0.650.730.970.480.420.180.930.990.190.970.360.60.940.62-0.970.30.560.730.95-0.130.71-0.720.680.82-0.4
0.560.380.30.590.560.180.180.240.240.290.730.490.210.5-0.21-0.260.210.490.190.10.06-0.130.130.11-0.13
0.70.730.950.550.50.930.180.960.170.950.440.710.960.67-0.930.550.630.760.95-0.220.79-0.70.660.81-0.38
0.70.760.980.540.50.990.240.960.240.980.410.660.950.67-0.970.330.610.770.96-0.080.75-0.720.680.83-0.39
0.30.030.210.330.260.190.240.170.240.210.210.210.150.36-0.16-0.240.430.320.270.390.15-0.270.260.18-0.19
0.650.81.00.470.420.970.290.950.980.210.440.630.980.6-0.990.40.510.720.95-0.20.67-0.730.690.75-0.48
0.730.350.440.720.570.360.730.440.410.210.440.630.420.74-0.390.090.530.690.450.090.25-0.280.470.2-0.22
0.90.640.640.840.790.60.490.710.660.210.630.630.570.84-0.590.330.80.850.62-0.110.73-0.260.470.620.07
0.570.750.980.380.30.940.210.960.950.150.980.420.570.53-0.980.50.430.640.95-0.270.62-0.760.710.68-0.56
0.960.460.60.970.880.620.50.670.670.360.60.740.840.53-0.550.090.870.970.650.20.74-0.350.460.70.04
-0.62-0.82-0.99-0.42-0.35-0.97-0.21-0.93-0.97-0.16-0.99-0.39-0.59-0.98-0.55-0.43-0.49-0.69-0.920.26-0.660.67-0.66-0.720.44
0.190.470.390.040.030.3-0.260.550.33-0.240.40.090.330.50.09-0.430.230.190.35-0.550.45-0.110.210.22-0.09
0.880.460.510.860.810.560.210.630.610.430.510.530.80.430.87-0.490.230.860.560.220.82-0.170.410.680.25
0.980.630.720.940.870.730.490.760.770.320.720.690.850.640.97-0.690.190.860.70.070.82-0.360.430.780.04
0.620.590.940.480.390.950.190.950.960.270.950.450.620.950.65-0.920.350.560.7-0.070.64-0.850.80.75-0.56
0.08-0.33-0.20.20.19-0.130.1-0.22-0.080.39-0.20.09-0.11-0.270.20.26-0.550.220.07-0.07-0.06-0.050.04-0.010.07
0.780.660.680.720.760.710.060.790.750.150.670.250.730.620.74-0.660.450.820.820.64-0.06-0.280.230.920.21
-0.24-0.21-0.72-0.17-0.09-0.72-0.13-0.7-0.72-0.27-0.73-0.28-0.26-0.76-0.350.67-0.11-0.17-0.36-0.85-0.05-0.28-0.68-0.530.83
0.430.330.670.270.090.680.130.660.680.260.690.470.470.710.46-0.660.210.410.430.80.040.23-0.680.28-0.61
0.690.580.750.640.70.820.110.810.830.180.750.20.620.680.7-0.720.220.680.780.75-0.010.92-0.530.28-0.01
0.12-0.02-0.460.220.35-0.4-0.13-0.38-0.39-0.19-0.48-0.220.07-0.560.040.44-0.090.250.04-0.560.070.210.83-0.61-0.01
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Shenzhen Bingchuan Account Relationship Matchups

Shenzhen Bingchuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.0B2.2B2.8B2.7B1.6B
Other Current Liab188.2M181.7M312.8M529.6M344.8M267.0M
Total Current Liabilities230.6M270.9M512.3M1.0B994.2M1.0B
Total Stockholder Equity1.7B1.7B1.6B1.8B1.6B1.2B
Retained Earnings715.7M730.9M630.1M755.2M466.5M496.2M
Accounts Payable1.7M2.1M1.9M7.0M6.8M7.1M
Cash471.3M472.5M492.9M737.1M647.0M652.2M
Other Assets11.1M16.7M33.1M37.6M43.3M45.4M
Net Receivables60.3M53.3M73.6M183.9M184.5M193.7M
Other Current Assets13.8M49.4M18.1M84.4M300.4M315.5M
Total Liab230.6M270.9M532.1M1.1B1.1B1.1B
Intangible Assets695.2K716.7K1.2M911.6K1.6M952.1K
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 Assets1.9B1.9B2.0B2.6B2.3B2.0B
Non Current Assets Total68.2M90.8M127.4M191.2M327.3M343.6M
Non Currrent Assets Other35.3M48.8M68.2M10.7M28.0M28.5M
Short Term Investments1.3B1.3B1.5B1.6B1.2B1.3B
Common Stock Shares Outstanding151.2M151.0M150.8M152.4M231.1M178.9M
Net Invested Capital1.7B1.7B1.6B1.8B1.6B1.8B
Net Working Capital1.6B1.6B1.5B1.6B1.3B1.2B
Capital Stock100.8M151.0M150.8M152.4M231.1M162.7M

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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.