Anhui Selling General Administrative vs Interest Expense Analysis

300956 Stock   21.10  0.16  0.75%   
Anhui Shiny financial indicator trend analysis is way more than just evaluating Anhui Shiny Electronic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Shiny Electronic is a good investment. Please check the relationship between Anhui Shiny Selling General Administrative and its Interest Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Shiny Electronic. 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.

Selling General Administrative vs Interest Expense

Selling General Administrative vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Shiny Electronic Selling General Administrative account and Interest Expense. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anhui Shiny's Selling General Administrative and Interest Expense is -0.37. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Interest Expense in the same time period over historical financial statements of Anhui Shiny Electronic, assuming nothing else is changed. The correlation between historical values of Anhui Shiny's Selling General Administrative and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Anhui Shiny Electronic are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Selling General Administrative i.e., Anhui Shiny's Selling General Administrative and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling General Administrative

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from Anhui Shiny's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Shiny Electronic 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 Anhui Shiny Electronic. 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 (3.8 M). In addition to that, Selling General Administrative is expected to decline to about 31.4 M
 2022 2023 2024 2025 (projected)
Interest Expense21.2M31.5M36.3M22.6M
Interest Income2.5M3.5M4.1M2.4M

Anhui Shiny fundamental ratios Correlations

0.830.980.990.790.690.491.00.35-0.160.990.920.980.830.970.980.80.990.97-0.910.780.990.980.840.720.97
0.830.70.780.740.920.110.780.20.280.760.610.90.780.920.710.750.890.72-0.770.310.770.750.510.710.74
0.980.70.970.80.510.650.980.47-0.251.00.930.930.750.91.00.810.950.99-0.90.890.990.960.930.730.95
0.990.780.970.740.660.471.00.3-0.210.970.960.970.820.960.980.740.970.96-0.90.80.980.980.830.650.98
0.790.740.80.740.520.440.750.560.10.840.570.820.550.740.780.860.840.76-0.940.610.850.660.80.750.63
0.690.920.510.660.52-0.230.64-0.180.210.580.540.780.770.840.530.440.740.53-0.620.120.590.630.220.40.64
0.490.110.650.470.44-0.230.520.79-0.280.60.470.360.20.30.640.670.450.66-0.40.770.580.520.840.680.49
1.00.780.981.00.750.640.520.33-0.230.980.950.970.820.960.990.760.970.98-0.890.820.980.990.850.680.98
0.350.20.470.30.56-0.180.790.330.310.460.160.29-0.110.20.450.770.370.43-0.410.460.460.250.720.760.2
-0.160.28-0.25-0.210.10.21-0.28-0.230.31-0.2-0.45-0.05-0.32-0.05-0.250.25-0.06-0.280.05-0.56-0.16-0.32-0.20.29-0.34
0.990.761.00.970.840.580.60.980.46-0.20.910.960.770.920.990.830.970.98-0.930.851.00.950.910.750.94
0.920.610.930.960.570.540.470.950.16-0.450.910.880.780.870.940.550.860.92-0.780.860.90.960.770.460.97
0.980.90.930.970.820.780.360.970.29-0.050.960.880.830.990.940.780.990.92-0.930.680.960.930.770.70.93
0.830.780.750.820.550.770.20.82-0.11-0.320.770.780.830.870.760.510.830.79-0.710.520.760.860.510.490.87
0.970.920.90.960.740.840.30.960.2-0.050.920.870.990.870.910.730.980.9-0.870.620.930.940.690.670.94
0.980.711.00.980.780.530.640.990.45-0.250.990.940.940.760.910.80.950.99-0.90.880.990.970.920.720.96
0.80.750.810.740.860.440.670.760.770.250.830.550.780.510.730.80.840.81-0.80.590.840.70.860.980.66
0.990.890.950.970.840.740.450.970.37-0.060.970.860.990.830.980.950.840.95-0.920.710.980.940.810.760.93
0.970.720.990.960.760.530.660.980.43-0.280.980.920.920.790.90.990.810.95-0.850.860.980.970.90.750.96
-0.91-0.77-0.9-0.9-0.94-0.62-0.4-0.89-0.410.05-0.93-0.78-0.93-0.71-0.87-0.9-0.8-0.92-0.85-0.73-0.94-0.82-0.83-0.68-0.8
0.780.310.890.80.610.120.770.820.46-0.560.850.860.680.520.620.880.590.710.86-0.730.840.810.910.490.8
0.990.770.990.980.850.590.580.980.46-0.161.00.90.960.760.930.990.840.980.98-0.940.840.950.910.750.93
0.980.750.960.980.660.630.520.990.25-0.320.950.960.930.860.940.970.70.940.97-0.820.810.950.80.641.0
0.840.510.930.830.80.220.840.850.72-0.20.910.770.770.510.690.920.860.810.9-0.830.910.910.80.790.78
0.720.710.730.650.750.40.680.680.760.290.750.460.70.490.670.720.980.760.75-0.680.490.750.640.790.6
0.970.740.950.980.630.640.490.980.2-0.340.940.970.930.870.940.960.660.930.96-0.80.80.931.00.780.6
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Anhui Shiny Account Relationship Matchups

Anhui Shiny fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.7B2.2B2.1B2.5B2.9B2.2B
Total Current Liabilities955.0M990.3M609.4M994.2M1.1B934.1M
Total Stockholder Equity680.2M1.1B1.2B1.1B1.3B1.0B
Net Debt130.7M229.5M270.6M377.3M433.9M229.5M
Retained Earnings336.0M356.9M315.5M280.4M322.5M336.7M
Accounts Payable759.1M580.8M403.4M748.8M861.2M664.6M
Cash22.6M143.9M136.7M82.5M94.9M101.3M
Non Current Assets Total630.0M932.9M989.7M1.2B1.4B925.9M
Non Currrent Assets Other1.2M18.0M8.6M1.9M2.2M2.1M
Net Receivables666.8M705.3M409.9M563.3M506.9M464.4M
Non Current Liabilities Total76.6M127.5M336.2M370.4M425.9M213.8M
Inventory356.5M392.6M339.9M461.8M531.1M387.9M
Other Current Assets12.3M10.4M9.9M46.9M53.9M56.6M
Total Liab1.0B1.1B945.5M1.4B1.6B1.1B
Net Invested Capital833.5M1.5B1.6B1.6B1.8B1.3B
Short Long Term Debt153.3M373.3M176.3M207.3M238.4M224.4M
Total Current Assets1.1B1.3B1.1B1.3B1.5B1.2B
Net Working Capital126.8M288.9M507.8M311.8M358.6M308.9M
Intangible Assets46.6M68.6M67.4M70.1M80.6M62.7M

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Other Information on Investing in Anhui Stock

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