Shenyu Inventory vs Other Stockholder Equity Analysis

300563 Stock   50.80  4.06  7.40%   
Shenyu Communication financial indicator trend analysis is much more than just breaking down Shenyu Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenyu Communication is a good investment. Please check the relationship between Shenyu Communication Inventory and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenyu Communication 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.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenyu Communication Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenyu Communication's Inventory and Other Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Shenyu Communication Technology, assuming nothing else is changed. The correlation between historical values of Shenyu Communication's Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Shenyu Communication Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Shenyu Communication's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Other Stockholder Equity

Most indicators from Shenyu Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenyu Communication 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 Shenyu Communication 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 5.3 M, whereas Selling General Administrative is forecasted to decline to about 21 M.
 2022 2023 2024 2025 (projected)
Operating Income48.5M49.9M57.4M53.0M
Total Revenue768.4M755.0M868.3M471.6M

Shenyu Communication fundamental ratios Correlations

-0.780.00.860.910.990.77-0.730.890.890.60.990.40.00.850.910.960.20.910.90.91-0.790.750.950.91-0.24
-0.78-0.47-0.76-0.83-0.8-0.920.8-0.87-0.76-0.67-0.79-0.320.0-0.73-0.86-0.8-0.18-0.71-0.79-0.841.0-0.55-0.85-0.870.5
0.0-0.470.140.060.020.5-0.350.140.020.310.03-0.030.19-0.010.090.090.16-0.140.140.07-0.46-0.040.250.13-0.31
0.86-0.760.140.760.870.74-0.520.750.990.360.850.640.180.730.790.890.420.750.990.81-0.760.630.860.8-0.16
0.91-0.830.060.760.90.87-0.840.990.780.790.90.3-0.110.940.990.860.080.970.80.99-0.840.70.850.99-0.59
0.99-0.80.020.870.90.77-0.710.90.90.571.00.390.10.810.90.960.260.90.910.9-0.80.810.920.92-0.23
0.77-0.920.50.740.870.77-0.820.90.70.760.770.39-0.120.80.890.810.050.750.780.88-0.920.540.850.89-0.64
-0.730.8-0.35-0.52-0.84-0.71-0.82-0.83-0.52-0.96-0.720.020.15-0.85-0.81-0.61-0.01-0.77-0.56-0.830.8-0.47-0.75-0.830.61
0.89-0.870.140.750.990.90.9-0.830.770.770.90.29-0.080.890.990.860.060.940.790.98-0.870.750.840.99-0.6
0.89-0.760.020.990.780.90.7-0.520.770.360.870.610.160.740.80.890.410.790.990.82-0.760.660.850.81-0.13
0.6-0.670.310.360.790.570.76-0.960.770.360.59-0.13-0.240.820.740.47-0.110.720.410.77-0.670.380.610.76-0.75
0.99-0.790.030.850.91.00.77-0.720.90.870.590.350.110.80.90.950.250.890.890.89-0.790.830.910.92-0.24
0.4-0.32-0.030.640.30.390.390.020.290.61-0.130.35-0.220.320.330.55-0.050.290.620.36-0.320.180.430.310.06
0.00.00.190.18-0.110.1-0.120.15-0.080.16-0.240.11-0.22-0.25-0.120.020.86-0.080.15-0.140.00.34-0.03-0.020.3
0.85-0.73-0.010.730.940.810.8-0.850.890.740.820.80.32-0.250.910.750.020.950.750.96-0.730.510.80.91-0.57
0.91-0.860.090.790.990.90.89-0.810.990.80.740.90.33-0.120.910.880.070.950.820.99-0.860.70.860.99-0.57
0.96-0.80.090.890.860.960.81-0.610.860.890.470.950.550.020.750.880.190.820.930.87-0.810.720.930.88-0.22
0.2-0.180.160.420.080.260.05-0.010.060.41-0.110.25-0.050.860.020.070.190.120.390.09-0.190.250.220.150.23
0.91-0.71-0.140.750.970.90.75-0.770.940.790.720.890.29-0.080.950.950.820.120.780.96-0.720.710.790.95-0.49
0.9-0.790.140.990.80.910.78-0.560.790.990.410.890.620.150.750.820.930.390.780.84-0.80.670.90.84-0.18
0.91-0.840.070.810.990.90.88-0.830.980.820.770.890.36-0.140.960.990.870.090.960.84-0.840.660.870.98-0.57
-0.791.0-0.46-0.76-0.84-0.8-0.920.8-0.87-0.76-0.67-0.79-0.320.0-0.73-0.86-0.81-0.19-0.72-0.8-0.84-0.55-0.85-0.870.49
0.75-0.55-0.040.630.70.810.54-0.470.750.660.380.830.180.340.510.70.720.250.710.670.66-0.550.580.75-0.17
0.95-0.850.250.860.850.920.85-0.750.840.850.610.910.43-0.030.80.860.930.220.790.90.87-0.850.580.85-0.26
0.91-0.870.130.80.990.920.89-0.830.990.810.760.920.31-0.020.910.990.880.150.950.840.98-0.870.750.85-0.57
-0.240.5-0.31-0.16-0.59-0.23-0.640.61-0.6-0.13-0.75-0.240.060.3-0.57-0.57-0.220.23-0.49-0.18-0.570.49-0.17-0.26-0.57
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Shenyu Communication Account Relationship Matchups

Shenyu Communication fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.3B1.3B1.3B1.5B763.5M
Short Long Term Debt Total67.6M904.4K9.8M2.8M2.5M2.4M
Other Current Liab(47.7M)11.6M1.3M17.0M15.3M16.1M
Total Current Liabilities176.6M303.7M334.0M201.0M231.1M191.7M
Total Stockholder Equity907.2M937.7M965.2M1.0B1.2B1.2B
Property Plant And Equipment Net321.9M397.9M401.0M377.0M433.6M248.4M
Current Deferred Revenue1.3M19.3M25.8M25.1M28.9M30.3M
Net Debt(60.9M)(121.4M)(41.4M)(269.6M)(242.7M)(230.5M)
Retained Earnings296.6M345.4M368.7M398.3M458.1M481.0M
Accounts Payable156.3M272.5M297.6M156.0M179.4M134.1M
Cash128.5M122.3M51.1M272.5M313.3M329.0M
Non Current Assets Total380.3M457.0M455.7M456.2M524.6M296.9M
Non Currrent Assets Other8.3M7.5M221.5M9.6M11.1M10.5M
Other Assets11.2M6.2M1.016.4M1.151.09
Cash And Short Term Investments278.5M225.2M267.5M273.7M314.8M330.5M
Net Receivables337.3M403.1M413.7M411.4M473.1M496.7M
Liabilities And Stockholders Equity1.1B1.3B1.3B1.3B1.5B763.5M
Inventory100.8M146.2M186.2M142.3M163.7M93.1M
Other Current Assets2.2M31.7M4.1M702.7K808.1K767.7K
Other Stockholder Equity477.4M368.1M368.0M368.6M423.9M445.1M
Total Liab192.0M325.4M362.0M232.5M267.4M204.1M
Total Current Assets718.9M806.2M871.6M828.1M952.3M999.9M
Short Term Debt66.6M235.3K9.4M2.8M2.5M2.4M
Intangible Assets43.0M42.0M40.9M39.9M45.9M35.6M
Common Stock94.6M178.7M178.8M178.2M204.9M105.1M
Property Plant Equipment244.8M252.4M321.9M397.9M457.6M480.5M
Other Liab17.1M15.8M15.4M21.1M24.2M13.7M
Net Tangible Assets483.5M863.5M895.0M923.7M1.1B633.6M
Non Current Liabilities Total15.4M21.7M28.0M31.6M36.3M38.1M
Deferred Long Term Liab455.1K1.3M481.3K2.4M2.7M2.9M
Common Stock Shares Outstanding179.7M178.7M178.8M178.2M204.9M184.1M
Net Invested Capital907.2M937.7M974.3M1.0B1.2B855.3M
Net Working Capital542.3M502.5M537.6M627.1M721.2M442.8M
Capital Stock94.6M178.7M178.8M178.2M204.9M144.9M
Property Plant And Equipment Gross493.5M605.7M401.0M642.5M738.9M558.0M
Accumulated Other Comprehensive Income38.6M45.5M49.7M85.8M98.7M55.5M

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Other Information on Investing in Shenyu Stock

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