Shanghai Net Borrowings vs Investments Analysis

600604 Stock

4.37 0.01 0.23%

Shanghai Shibei financial indicator trend analysis is much more than just breaking down Shanghai Shibei Hi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Shibei Hi is a good investment. Please check the relationship between Shanghai Shibei Net Borrowings and its Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Shibei Hi 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 board of governors.

Net Borrowings vs Investments

Net Borrowings vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Shibei Hi Net Borrowings account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Shanghai Shibei's Net Borrowings and Investments is -0.08. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Investments in the same time period over historical financial statements of Shanghai Shibei Hi Tech, assuming nothing else is changed. The correlation between historical values of Shanghai Shibei's Net Borrowings and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of Shanghai Shibei Hi Tech are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Net Borrowings i.e., Shanghai Shibei's Net Borrowings and Investments go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

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Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Shanghai Shibei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Shibei Hi 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 Shanghai Shibei Hi 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 board of governors.

As of January 6, 2025, Selling General Administrative is expected to decline to about 18 M. In addition to that, Tax Provision is expected to decline to about 28.6 M

	2022	2023	2024	2025 (projected)
Cost Of Revenue	668.2M	702.2M	632.0M	468.5M
Total Revenue	1.3B	1.0B	1.2B	943.1M

Cost Of Revenue Total Revenue

Shanghai Shibei fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Retained Earnings	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.26	0.96	0.97	0.8	0.95	0.55	0.98	0.96	0.0	0.98	0.8	1.0	-0.33	0.95	-0.27	0.69	0.88	0.94	-0.14	0.91	0.84	0.95	0.84	0.87	0.05
Other Current Liab	0.26		0.16	0.4	-0.2	0.05	0.58	0.14	0.27	0.23	0.32	-0.11	0.21	-0.32	0.23	-0.38	0.0	0.38	0.32	0.57	0.3	0.29	0.24	0.4	-0.07	0.19
Total Current Liabilities	0.96	0.16		0.9	0.86	0.96	0.49	0.97	0.85	-0.1	0.92	0.84	0.97	-0.28	0.87	-0.2	0.71	0.8	0.88	-0.19	0.83	0.86	0.88	0.85	0.88	-0.12
Total Stockholder Equity	0.97	0.4	0.9		0.65	0.88	0.68	0.9	0.92	0.0	0.97	0.67	0.94	-0.35	0.95	-0.35	0.62	0.88	0.97	0.06	0.93	0.82	0.93	0.89	0.76	0.21
Other Liab	0.8	-0.2	0.86	0.65		0.89	0.14	0.9	0.75	-0.14	0.72	0.86	0.84	-0.09	0.7	0.04	0.65	0.6	0.66	-0.55	0.63	0.77	0.71	0.58	0.92	-0.3
Accounts Payable	0.95	0.05	0.96	0.88	0.89		0.4	0.97	0.87	-0.05	0.91	0.79	0.95	-0.22	0.9	-0.16	0.67	0.82	0.9	-0.21	0.86	0.88	0.91	0.83	0.92	-0.09
Cash	0.55	0.58	0.49	0.68	0.14	0.4		0.42	0.5	0.11	0.53	0.15	0.51	-0.31	0.5	-0.39	0.3	0.55	0.67	0.5	0.62	0.52	0.56	0.76	0.29	0.29
Other Assets	0.98	0.14	0.97	0.9	0.9	0.97	0.42		0.93	-0.04	0.94	0.86	0.99	-0.3	0.91	-0.22	0.73	0.84	0.88	-0.29	0.85	0.87	0.9	0.78	0.93	-0.06
Long Term Debt	0.96	0.27	0.85	0.92	0.75	0.87	0.5	0.93		0.13	0.96	0.76	0.96	-0.33	0.92	-0.28	0.65	0.86	0.89	-0.18	0.89	0.74	0.93	0.72	0.82	0.13
Net Receivables	0.0	0.23	-0.1	0.0	-0.14	-0.05	0.11	-0.04	0.13		0.0	-0.12	0.0	-0.18	0.02	-0.14	0.0	0.09	-0.07	0.4	-0.02	-0.13	-0.01	-0.06	-0.11	-0.12
Inventory	0.98	0.32	0.92	0.97	0.72	0.91	0.53	0.94	0.96	0.0		0.75	0.97	-0.34	0.95	-0.32	0.64	0.9	0.95	-0.1	0.93	0.81	0.96	0.81	0.82	0.13
Other Current Assets	0.8	-0.11	0.84	0.67	0.86	0.79	0.15	0.86	0.76	-0.12	0.75		0.83	-0.17	0.7	-0.03	0.69	0.52	0.62	-0.49	0.57	0.55	0.67	0.5	0.79	-0.19
Total Liab	1.0	0.21	0.97	0.94	0.84	0.95	0.51	0.99	0.96	0.0	0.97	0.83		-0.31	0.93	-0.24	0.71	0.86	0.92	-0.19	0.89	0.84	0.94	0.81	0.89	0.0
Intangible Assets	-0.33	-0.32	-0.28	-0.35	-0.09	-0.22	-0.31	-0.3	-0.33	-0.18	-0.34	-0.17	-0.31		-0.31	0.96	-0.76	-0.45	-0.31	-0.07	-0.3	-0.25	-0.29	-0.3	-0.21	-0.1
Common Stock	0.95	0.23	0.87	0.95	0.7	0.9	0.5	0.91	0.92	0.02	0.95	0.7	0.93	-0.31		-0.3	0.61	0.88	0.95	-0.08	0.93	0.77	0.92	0.8	0.8	0.28
Property Plant Equipment	-0.27	-0.38	-0.2	-0.35	0.04	-0.16	-0.39	-0.22	-0.28	-0.14	-0.32	-0.03	-0.24	0.96	-0.3		-0.63	-0.47	-0.34	-0.24	-0.35	-0.23	-0.3	-0.34	-0.14	-0.21
Short Term Investments	0.69	0.0	0.71	0.62	0.65	0.67	0.3	0.73	0.65	0.0	0.64	0.69	0.71	-0.76	0.61	-0.63		0.57	0.57	-0.31	0.52	0.54	0.59	0.5	0.64	-0.07
Retained Earnings	0.88	0.38	0.8	0.88	0.6	0.82	0.55	0.84	0.86	0.09	0.9	0.52	0.86	-0.45	0.88	-0.47	0.57		0.91	-0.02	0.95	0.85	0.92	0.82	0.82	0.13
Net Tangible Assets	0.94	0.32	0.88	0.97	0.66	0.9	0.67	0.88	0.89	-0.07	0.95	0.62	0.92	-0.31	0.95	-0.34	0.57	0.91		0.05	0.98	0.85	0.97	0.92	0.81	0.21
Deferred Long Term Liab	-0.14	0.57	-0.19	0.06	-0.55	-0.21	0.5	-0.29	-0.18	0.4	-0.1	-0.49	-0.19	-0.07	-0.08	-0.24	-0.31	-0.02	0.05		0.01	-0.11	-0.06	0.25	-0.44	0.18
Long Term Investments	0.91	0.3	0.83	0.93	0.63	0.86	0.62	0.85	0.89	-0.02	0.93	0.57	0.89	-0.3	0.93	-0.35	0.52	0.95	0.98	0.01		0.82	0.98	0.87	0.83	0.23
Short Long Term Debt	0.84	0.29	0.86	0.82	0.77	0.88	0.52	0.87	0.74	-0.13	0.81	0.55	0.84	-0.25	0.77	-0.23	0.54	0.85	0.85	-0.11	0.82		0.82	0.87	0.85	-0.12
Total Current Assets	0.95	0.24	0.88	0.93	0.71	0.91	0.56	0.9	0.93	-0.01	0.96	0.67	0.94	-0.29	0.92	-0.3	0.59	0.92	0.97	-0.06	0.98	0.82		0.85	0.86	0.08
Short Term Debt	0.84	0.4	0.85	0.89	0.58	0.83	0.76	0.78	0.72	-0.06	0.81	0.5	0.81	-0.3	0.8	-0.34	0.5	0.82	0.92	0.25	0.87	0.87	0.85		0.71	0.03
Non Current Assets Total	0.87	-0.07	0.88	0.76	0.92	0.92	0.29	0.93	0.82	-0.11	0.82	0.79	0.89	-0.21	0.8	-0.14	0.64	0.82	0.81	-0.44	0.83	0.85	0.86	0.71		-0.17
Non Currrent Assets Other	0.05	0.19	-0.12	0.21	-0.3	-0.09	0.29	-0.06	0.13	-0.12	0.13	-0.19	0.0	-0.1	0.28	-0.21	-0.07	0.13	0.21	0.18	0.23	-0.12	0.08	0.03	-0.17

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Shanghai Shibei Account Relationship Matchups

Shanghai Shibei fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	19.1B	21.2B	22.1B	22.1B	25.4B	26.7B
Other Current Liab	1.3B	1.4B	271.8M	366.3M	421.2M	615.0M
Total Current Liabilities	6.6B	6.1B	7.9B	7.5B	8.7B	9.1B
Total Stockholder Equity	6.5B	6.5B	6.6B	6.4B	7.4B	7.7B
Other Liab	9.3M	28.7M	29.4M	75.4M	86.8M	91.1M
Accounts Payable	935.1M	1.1B	1.2B	1.1B	1.3B	1.4B
Cash	771.8M	1.4B	2.1B	1.4B	1.7B	897.7M
Other Assets	3.6B	5.0B	5.6B	7.8B	9.0B	9.4B
Long Term Debt	4.1B	6.5B	5.5B	6.1B	7.0B	7.4B
Net Receivables	83.1M	245.9M	207.6M	107.3M	123.4M	229.7M
Inventory	10.0B	8.8B	8.8B	9.1B	10.5B	11.0B
Other Current Assets	193.9M	180.3M	223.9M	431.7M	496.5M	521.3M
Total Liab	10.7B	12.7B	13.6B	13.8B	15.9B	16.7B
Intangible Assets	202.0K	925.8K	971.2K	809.2K	728.3K	691.9K
Property Plant Equipment	24.7M	19.8M	14.3M	121.9M	109.7M	208.9M
Short Term Investments	54.1M	59.0M	69.6M	65.3M	75.1M	78.8M
Retained Earnings	1.5B	1.5B	1.4B	1.2B	1.4B	847.9M
Net Tangible Assets	6.1B	6.3B	6.5B	6.5B	7.4B	6.3B
Deferred Long Term Liab	27.1M	37.3M	30.3M	24.5M	22.1M	24.7M
Short Long Term Debt	1.9B	3.1B	2.6B	1.7B	2.0B	1.7B
Total Current Assets	11.2B	10.7B	11.4B	11.2B	12.9B	10.8B
Non Current Assets Total	7.9B	10.4B	10.7B	10.9B	12.5B	8.5B
Non Current Liabilities Total	4.1B	6.6B	5.7B	6.2B	7.2B	5.5B
Net Debt	5.3B	8.2B	6.1B	6.4B	7.3B	5.9B
Net Invested Capital	12.5B	16.1B	14.7B	14.2B	16.3B	14.7B
Net Working Capital	4.6B	4.6B	3.5B	3.6B	3.3B	4.0B
Property Plant And Equipment Net	14.3M	121.9M	74.9M	59.8M	68.7M	64.0M
Property Plant And Equipment Gross	53.2M	165.9M	123.8M	110.3M	126.8M	111.5M

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

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Shanghai Net Borrowings vs Investments Analysis

Net Borrowings vs Investments

Net Borrowings vs Investments Correlation Analysis

Correlation Coefficient

Net Borrowings

Investments

Shanghai Shibei fundamental ratios Correlations

Shanghai Shibei Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Shibei fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Liab	+ 0.99	Other Assets
Other Assets	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets
Long Term Investments	+ 0.98	Net Tangible Assets
Total Current Assets	+ 0.98	Long Term Investments

Short Term Investments	- 0.76	Intangible Assets
Short Term Investments	- 0.63	Property Plant Equipment
Deferred Long Term Liab	- 0.55	Other Liab
Deferred Long Term Liab	- 0.49	Other Current Assets
Retained Earnings	- 0.47	Property Plant Equipment
Retained Earnings	- 0.45	Intangible Assets