Shanxi Total Assets vs Net Receivables Analysis

600123 Stock   8.82  0.30  3.29%   
Shanxi Lanhua financial indicator trend analysis is much more than just breaking down Shanxi Lanhua Sci prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanxi Lanhua Sci is a good investment. Please check the relationship between Shanxi Lanhua Total Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanxi Lanhua Sci Tech. 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.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanxi Lanhua Sci Total Assets account and Net Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanxi Lanhua's Total Assets and Net Receivables is -0.14. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shanxi Lanhua Sci Tech, assuming nothing else is changed. The correlation between historical values of Shanxi Lanhua's Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Shanxi Lanhua Sci Tech are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Shanxi Lanhua's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Shanxi Lanhua assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shanxi Lanhua Sci books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Shanxi Lanhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanxi Lanhua Sci 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 Shanxi Lanhua Sci Tech. 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.
As of December 14, 2024, Selling General Administrative is expected to decline to about 248.6 M. In addition to that, Tax Provision is expected to decline to about 611.3 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue6.8B6.4B7.7B8.1B
Total Revenue12.9B14.2B13.3B13.9B

Shanxi Lanhua fundamental ratios Correlations

0.30.810.710.80.740.430.6-0.14-0.790.32-0.020.960.90.790.20.770.87-0.60.390.590.26-0.530.50.370.64
0.30.38-0.040.090.07-0.18-0.040.04-0.310.450.060.320.11-0.010.110.420.180.0-0.24-0.09-0.13-0.060.27-0.070.04
0.810.380.510.660.730.120.19-0.3-0.590.24-0.40.860.610.76-0.130.750.75-0.810.310.510.51-0.620.880.090.84
0.71-0.040.510.970.910.880.31-0.37-0.670.23-0.240.590.570.870.360.650.47-0.60.850.790.07-0.670.240.620.6
0.80.090.660.970.940.790.34-0.41-0.690.18-0.270.710.630.910.250.680.59-0.670.80.780.13-0.710.390.60.68
0.740.070.730.910.940.690.21-0.56-0.570.1-0.480.70.550.950.150.730.53-0.830.830.850.28-0.790.550.520.83
0.43-0.180.120.880.790.690.21-0.39-0.40.11-0.130.250.30.590.440.40.12-0.320.870.72-0.18-0.49-0.150.80.31
0.6-0.040.190.310.340.210.210.2-0.530.040.630.640.740.390.10.060.73-0.09-0.030.070.160.12-0.130.11-0.04
-0.140.04-0.3-0.37-0.41-0.56-0.390.2-0.270.470.67-0.140.09-0.440.1-0.290.050.6-0.72-0.74-0.050.66-0.33-0.54-0.6
-0.79-0.31-0.59-0.67-0.69-0.57-0.4-0.53-0.27-0.7-0.25-0.75-0.74-0.67-0.28-0.63-0.730.34-0.2-0.23-0.230.23-0.26-0.07-0.3
0.320.450.240.230.180.10.110.040.47-0.70.320.240.20.110.20.440.170.1-0.14-0.1-0.010.12-0.01-0.07-0.08
-0.020.06-0.4-0.24-0.27-0.48-0.130.630.67-0.250.32-0.010.16-0.330.08-0.420.150.62-0.55-0.58-0.180.74-0.64-0.2-0.75
0.960.320.860.590.710.70.250.64-0.14-0.750.24-0.010.890.790.080.690.94-0.660.260.470.41-0.460.610.170.64
0.90.110.610.570.630.550.30.740.09-0.740.20.160.890.670.340.570.92-0.430.190.370.28-0.330.380.150.46
0.79-0.010.760.870.910.950.590.39-0.44-0.670.11-0.330.790.670.10.70.7-0.840.70.740.41-0.710.570.330.79
0.20.11-0.130.360.250.150.440.10.1-0.280.20.080.080.340.10.360.050.110.210.15-0.31-0.12-0.170.26-0.05
0.770.420.750.650.680.730.40.06-0.29-0.630.44-0.420.690.570.70.360.5-0.660.480.660.21-0.710.60.310.75
0.870.180.750.470.590.530.120.730.05-0.730.170.150.940.920.70.050.5-0.530.090.260.46-0.280.53-0.030.5
-0.60.0-0.81-0.6-0.67-0.83-0.32-0.090.60.340.10.62-0.66-0.43-0.840.11-0.66-0.53-0.6-0.71-0.680.7-0.79-0.21-0.93
0.39-0.240.310.850.80.830.87-0.03-0.72-0.2-0.14-0.550.260.190.70.210.480.09-0.60.91-0.03-0.760.180.770.63
0.59-0.090.510.790.780.850.720.07-0.74-0.23-0.1-0.580.470.370.740.150.660.26-0.710.910.07-0.830.360.750.79
0.26-0.130.510.070.130.28-0.180.16-0.05-0.23-0.01-0.180.410.280.41-0.310.210.46-0.68-0.030.07-0.020.58-0.340.48
-0.53-0.06-0.62-0.67-0.71-0.79-0.490.120.660.230.120.74-0.46-0.33-0.71-0.12-0.71-0.280.7-0.76-0.83-0.02-0.59-0.46-0.83
0.50.270.880.240.390.55-0.15-0.13-0.33-0.26-0.01-0.640.610.380.57-0.170.60.53-0.790.180.360.58-0.59-0.140.83
0.37-0.070.090.620.60.520.80.11-0.54-0.07-0.07-0.20.170.150.330.260.31-0.03-0.210.770.75-0.34-0.46-0.140.28
0.640.040.840.60.680.830.31-0.04-0.6-0.3-0.08-0.750.640.460.79-0.050.750.5-0.930.630.790.48-0.830.830.28
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Shanxi Lanhua Account Relationship Matchups

Shanxi Lanhua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B26.3B28.7B30.3B30.9B17.0B
Other Current Liab1.0B2.7B2.1B2.0B82.7M78.6M
Total Current Liabilities10.9B10.2B11.7B10.1B7.9B5.7B
Total Stockholder Equity10.5B10.7B13.1B15.5B16.6B17.5B
Retained Earnings8.5B8.6B10.8B13.2B11.5B12.1B
Accounts Payable2.1B2.5B2.7B2.8B2.9B3.0B
Cash2.3B1.8B2.7B5.4B5.5B5.8B
Long Term Debt3.2B4.1B3.1B4.1B5.0B2.8B
Net Receivables1.8B119.0M99.9M92.0M174.2M165.5M
Inventory577.0M494.6M607.2M460.0M534.7M478.9M
Other Current Assets113.2M137.8M122.7M163.7M143.2M136.1M
Total Liab14.7B15.4B15.8B15.0B14.3B8.9B
Property Plant Equipment13.7B14.6B14.1B14.0B16.1B16.9B
Other Liab564.3M577.7M661.0M692.3M796.2M836.0M
Other Assets351.2M386.4M351.9M344.5M396.1M217.1M
Intangible Assets5.9B5.9B5.7B5.5B5.2B3.5B
Net Tangible Assets4.6B4.9B7.4B9.9B11.4B12.0B
Other Stockholder Equity701.2M756.0M811.9M838.8M964.6M791.2M
Deferred Long Term Liab65.7M37.7M32.1M32.9M29.7M51.5M
Short Long Term Debt5.5B4.5B5.4B3.3B2.0B1.9B
Total Current Assets4.8B4.4B6.9B8.5B8.3B6.2B
Non Current Assets Total20.8B21.9B21.8B21.8B22.6B23.0B
Non Currrent Assets Other26.6M22.0M257.8M36.4M91.9M81.9M
Non Current Liabilities Total3.8B5.2B4.1B5.0B6.3B5.2B
Non Current Liabilities Other374.0M370.8M797.0M412.6M960.6M1.2B
Net Debt5.6B6.8B5.8B2.1B1.6B1.5B
Net Invested Capital18.3B19.3B21.6B22.9B23.7B21.9B
Net Working Capital(6.1B)(5.8B)(4.7B)(1.6B)374.7M393.4M

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Other Information on Investing in Shanxi Stock

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