Longshine Change To Operating Activities vs Capital Expenditures Analysis

300682 Stock   11.53  0.67  5.49%   
Longshine Technology financial indicator trend analysis is infinitely more than just investigating Longshine Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longshine Technology is a good investment. Please check the relationship between Longshine Technology Change To Operating Activities and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longshine Technology Co. 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.

Change To Operating Activities vs Capital Expenditures

Change To Operating Activities vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longshine Technology Change To Operating Activities account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Longshine Technology's Change To Operating Activities and Capital Expenditures is -0.21. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Longshine Technology Co, assuming nothing else is changed. The correlation between historical values of Longshine Technology's Change To Operating Activities and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Longshine Technology Co are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Operating Activities i.e., Longshine Technology's Change To Operating Activities and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Operating Activities

Capital Expenditures

Capital Expenditures are funds used by Longshine Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Longshine Technology operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Longshine Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longshine Technology 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 Longshine Technology Co. 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 (11.6 M). In addition to that, Selling General Administrative is expected to decline to about 450.9 M
 2022 2023 2024 2025 (projected)
Interest Income44.4M48.4M55.7M31.9M
Net Interest Income10.5M48.1M55.4M58.1M

Longshine Technology fundamental ratios Correlations

-0.090.951.00.821.00.990.980.910.910.840.740.860.980.870.660.210.990.80.970.990.990.860.981.00.98
-0.09-0.03-0.11-0.55-0.06-0.18-0.10.24-0.35-0.440.020.10.040.030.40.57-0.050.280.04-0.12-0.07-0.49-0.08-0.13-0.02
0.95-0.030.940.80.960.950.990.890.870.840.910.860.90.80.810.450.960.80.980.930.940.840.920.940.92
1.0-0.110.940.821.00.990.970.90.920.840.730.860.980.840.640.180.970.80.960.990.990.860.991.00.98
0.82-0.550.80.820.80.840.830.650.940.940.640.620.740.660.43-0.050.80.50.770.830.780.990.810.830.79
1.0-0.060.961.00.80.990.980.920.90.830.760.880.980.860.680.250.990.820.980.990.990.850.980.990.98
0.99-0.180.950.990.840.990.980.870.920.870.740.840.950.860.610.180.980.760.960.990.990.890.960.990.97
0.98-0.10.990.970.830.980.980.880.90.870.860.870.930.820.730.340.970.790.980.960.960.870.940.970.94
0.910.240.890.90.650.920.870.880.80.690.690.840.950.870.790.370.930.860.950.90.920.710.910.910.95
0.91-0.350.870.920.940.90.920.90.80.910.680.770.880.750.580.070.890.70.880.90.90.960.930.930.9
0.84-0.440.840.840.940.830.870.870.690.910.720.80.760.720.540.10.840.670.830.840.810.970.820.850.82
0.740.020.910.730.640.760.740.860.690.680.720.750.660.580.870.690.760.690.840.710.710.680.690.720.68
0.860.10.860.860.620.880.840.870.840.770.80.750.870.750.790.420.850.970.90.830.850.70.850.850.88
0.980.040.90.980.740.980.950.930.950.880.760.660.870.850.670.190.960.850.950.970.970.790.990.980.99
0.870.030.80.840.660.860.860.820.870.750.720.580.750.850.560.270.930.70.870.870.90.740.80.870.91
0.660.40.810.640.430.680.610.730.790.580.540.870.790.670.560.790.680.830.80.620.640.490.660.640.67
0.210.570.450.18-0.050.250.180.340.370.070.10.690.420.190.270.790.280.470.410.150.230.030.150.170.21
0.99-0.050.960.970.80.990.980.970.930.890.840.760.850.960.930.680.280.790.980.980.990.860.950.980.98
0.80.280.80.80.50.820.760.790.860.70.670.690.970.850.70.830.470.790.860.770.80.590.820.790.84
0.970.040.980.960.770.980.960.980.950.880.830.840.90.950.870.80.410.980.860.960.970.830.950.970.97
0.99-0.120.930.990.830.990.990.960.90.90.840.710.830.970.870.620.150.980.770.960.980.870.970.990.98
0.99-0.070.940.990.780.990.990.960.920.90.810.710.850.970.90.640.230.990.80.970.980.840.970.990.98
0.86-0.490.840.860.990.850.890.870.710.960.970.680.70.790.740.490.030.860.590.830.870.840.850.880.84
0.98-0.080.920.990.810.980.960.940.910.930.820.690.850.990.80.660.150.950.820.950.970.970.850.980.97
1.0-0.130.941.00.830.990.990.970.910.930.850.720.850.980.870.640.170.980.790.970.990.990.880.980.99
0.98-0.020.920.980.790.980.970.940.950.90.820.680.880.990.910.670.210.980.840.970.980.980.840.970.99
Click cells to compare fundamentals

Longshine Technology Account Relationship Matchups

Longshine Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.7B8.8B9.8B10.0B11.5B6.5B
Other Current Liab412.2M311.9M258.6M91.6M82.4M78.3M
Total Current Liabilities1.5B1.6B2.0B1.9B2.2B1.4B
Total Stockholder Equity5.5B6.4B6.8B7.6B8.8B4.7B
Other Liab36.2M34.0M60.0M119.7M137.6M144.5M
Net Tangible Assets3.4B4.2B5.0B5.3B6.1B3.4B
Retained Earnings2.2B3.0B3.4B3.6B4.1B2.1B
Accounts Payable596.6M819.8M947.7M997.3M1.1B599.9M
Cash2.2B2.0B2.4B1.5B1.8B1.6B
Non Current Assets Total2.3B2.6B2.9B3.9B4.5B4.8B
Non Currrent Assets Other170.0M111.4M4M798.9M918.7M964.6M
Other Assets76.8M77.8M122.5M148.9M171.2M104.9M
Net Receivables1.6B3.8B2.0B2.2B2.5B2.0B
Good Will1.2B1.3B1.3B1.3B1.5B897.6M
Non Current Liabilities Total701.9M714.4M873.1M420.6M483.7M386.4M
Inventory269.3M300.2M275.1M202.6M233.0M261.2M
Other Current Assets191.9M176.5M109.9M46.1M53.1M50.4M
Total Liab2.2B2.3B2.9B2.3B2.7B1.7B
Deferred Long Term Liab46.8M35.0M67.1M31.5M36.3M34.8M
Total Current Assets5.5B6.3B6.8B6.0B7.0B4.8B
Intangible Assets80.9M101.4M132.3M116.2M133.6M75.1M
Common Stock680.3M1.0B1.0B1.1B1.2B787.9M
Property Plant Equipment52.6M149.7M359.9M603.2M693.7M728.4M
Common Stock Shares Outstanding1.0B1.0B1.1B1.1B1.3B1.0B
Net Invested Capital6.2B7.1B7.9B7.9B9.1B5.7B
Net Working Capital4.0B4.6B4.9B4.1B4.7B3.6B
Short Long Term Debt27.3M14.0M326.5M6.9M7.9M7.5M
Capital Stock1.0B1.0B1.1B1.1B1.3B977.9M
Non Current Liabilities Other9.6M13.1M17.6M6.1M5.5M5.2M
Property Plant And Equipment Net149.7M359.9M603.2M793.7M912.7M958.3M
Property Plant And Equipment Gross233.7M476.5M603.2M793.7M912.7M489.9M

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Other Information on Investing in Longshine Stock

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