Shenzhen Property Plant And Equipment Gross vs Non Currrent Assets Other Analysis

301200 Stock   34.05  0.04  0.12%   
Shenzhen Hans financial indicator trend analysis is much more than just breaking down Shenzhen Hans CNC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Hans CNC is a good investment. Please check the relationship between Shenzhen Hans Property Plant And Equipment Gross and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Hans CNC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Property Plant And Equipment Gross vs Non Currrent Assets Other

Property Plant And Equipment Gross vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Hans CNC Property Plant And Equipment Gross account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenzhen Hans' Property Plant And Equipment Gross and Non Currrent Assets Other is 0.86. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Shenzhen Hans CNC, assuming nothing else is changed. The correlation between historical values of Shenzhen Hans' Property Plant And Equipment Gross and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of Shenzhen Hans CNC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant And Equipment Gross i.e., Shenzhen Hans' Property Plant And Equipment Gross and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Property Plant And Equipment Gross

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Shenzhen Hans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Hans CNC 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 Hans CNC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of January 9, 2025, Tax Provision is expected to decline to about 1.5 M. In addition to that, Selling General Administrative is expected to decline to about 210.5 M
 2022 2023 2024 2025 (projected)
Interest Expense14.8M5.4M6.2M7.8M
Interest Income40.7M40.8M47.0M49.3M

Shenzhen Hans fundamental ratios Correlations

0.080.780.98-0.720.860.890.950.930.910.670.830.830.90.570.790.991.00.930.710.960.980.860.870.90.28
0.080.66-0.140.040.49-0.320.03-0.240.46-0.26-0.30.580.410.690.65-0.040.090.220.67-0.170.18-0.110.48-0.140.93
0.780.660.62-0.620.970.430.730.510.960.450.490.940.950.921.00.690.780.850.910.580.820.640.920.610.77
0.98-0.140.62-0.680.740.970.930.990.80.680.870.70.80.40.631.00.970.870.570.990.930.850.760.910.08
-0.720.04-0.62-0.68-0.73-0.55-0.76-0.58-0.65-0.9-0.78-0.45-0.79-0.68-0.61-0.69-0.69-0.84-0.37-0.63-0.69-0.88-0.51-0.82-0.12
0.860.490.970.74-0.730.580.780.630.960.530.610.90.990.880.970.790.870.950.890.710.860.720.90.690.6
0.89-0.320.430.97-0.550.580.810.990.640.580.820.560.630.160.440.940.90.750.440.980.810.740.630.81-0.14
0.950.030.730.93-0.760.780.810.880.860.770.870.740.860.590.730.950.920.870.560.870.970.90.80.980.32
0.93-0.240.510.99-0.580.630.990.880.720.620.840.640.690.250.520.970.930.780.490.990.880.790.710.86-0.02
0.910.460.960.8-0.650.960.640.860.720.550.660.960.960.80.960.850.910.90.890.760.940.760.970.760.63
0.67-0.260.450.68-0.90.530.580.770.620.550.870.350.620.450.440.680.630.660.20.620.670.950.460.86-0.01
0.83-0.30.490.87-0.780.610.820.870.840.660.870.480.680.360.490.860.810.760.330.840.80.910.570.92-0.04
0.830.580.940.7-0.450.90.560.740.640.960.350.480.880.720.950.760.840.790.960.680.860.610.990.590.71
0.90.410.950.8-0.790.990.630.860.690.960.620.680.880.870.950.840.90.970.820.760.910.780.880.790.56
0.570.690.920.4-0.680.880.160.590.250.80.450.360.720.870.910.470.560.760.720.330.630.530.690.520.77
0.790.651.00.63-0.610.970.440.730.520.960.440.490.950.950.910.70.780.850.920.590.830.640.930.610.77
0.99-0.040.691.0-0.690.790.940.950.970.850.680.860.760.840.470.70.990.90.630.980.960.860.820.910.18
1.00.090.780.97-0.690.870.90.920.930.910.630.810.840.90.560.780.990.940.740.960.960.830.880.860.27
0.930.220.850.87-0.840.950.750.870.780.90.660.760.790.970.760.850.90.940.740.850.890.810.810.830.35
0.710.670.910.57-0.370.890.440.560.490.890.20.330.960.820.720.920.630.740.740.570.720.470.920.390.7
0.96-0.170.580.99-0.630.710.980.870.990.760.620.840.680.760.330.590.980.960.850.570.890.80.740.850.02
0.980.180.820.93-0.690.860.810.970.880.940.670.80.860.910.630.830.960.960.890.720.890.850.910.910.43
0.86-0.110.640.85-0.880.720.740.90.790.760.950.910.610.780.530.640.860.830.810.470.80.850.70.920.14
0.870.480.920.76-0.510.90.630.80.710.970.460.570.990.880.690.930.820.880.810.920.740.910.70.670.64
0.9-0.140.610.91-0.820.690.810.980.860.760.860.920.590.790.520.610.910.860.830.390.850.910.920.670.15
0.280.930.770.08-0.120.6-0.140.32-0.020.63-0.01-0.040.710.560.770.770.180.270.350.70.020.430.140.640.15
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Shenzhen Hans Account Relationship Matchups

Shenzhen Hans fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.0B4.8B7.2B6.0B6.9B5.0B
Other Current Liab135.5M242.2M102.7M91.1M82.0M108.2M
Total Current Liabilities1.1B2.3B1.3B1.2B1.4B1.4B
Total Stockholder Equity1.8B2.4B5.7B4.7B5.4B3.5B
Retained Earnings402.1M870.4M1.1B1.4M1.3M1.2M
Accounts Payable676.5M904.4M722.5M649.9M747.4M725.2M
Cash554.1M219.3M3.0B1.9B2.2B1.3B
Non Current Assets Total214.3M858.6M953.0M1.3B1.5B779.6M
Non Currrent Assets Other455.6K3.7M32.4M22.2M25.5M13.2M
Net Receivables1.1B2.0B1.7B1.5B1.7B1.6B
Non Current Liabilities Total34.6M149.4M120.7M66.7M76.7M87.1M
Inventory799.1M1.2B903.9M972.1M1.1B912.7M
Other Current Assets26.6M48.7M770.4K21.3M24.5M21.5M
Total Liab1.2B2.5B1.4B1.3B1.5B1.5B
Net Invested Capital1.9B3.0B5.7B4.8B5.5B3.7B
Total Current Assets2.8B4.0B6.2B4.7B5.4B4.3B
Non Current Liabilities Other18.4M35.6M30.1M14.3M16.5M24.0M
Net Working Capital1.7B1.7B4.9B3.5B4.0B2.8B
Intangible Assets3.5M420.2M475.8M466.7M536.7M300.9M

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Hans CNC at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Hans Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Hans 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.