Sailun Net Borrowings vs Change In Cash Analysis

601058 Stock   15.17  0.06  0.40%   
Sailun Jinyu financial indicator trend analysis is much more than just breaking down Sailun Jinyu Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailun Jinyu Group is a good investment. Please check the relationship between Sailun Jinyu Net Borrowings and its Change In Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sailun Jinyu Group. 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.

Net Borrowings vs Change In Cash

Net Borrowings vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailun Jinyu Group Net Borrowings account and Change In Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sailun Jinyu's Net Borrowings and Change In Cash is 0.83. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Sailun Jinyu Group, assuming nothing else is changed. The correlation between historical values of Sailun Jinyu's Net Borrowings and Change In Cash 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 Sailun Jinyu Group are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Net Borrowings i.e., Sailun Jinyu's Net Borrowings and Change In Cash go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Change In Cash

Most indicators from Sailun Jinyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailun Jinyu Group 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 Sailun Jinyu Group. 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 290.1 M, whereas Selling General Administrative is forecasted to decline to about 768.8 M.
 2022 2023 2024 2025 (projected)
Operating Income2.0B4.1B4.8B5.0B
Total Revenue21.9B26.0B29.9B31.4B

Sailun Jinyu fundamental ratios Correlations

-0.260.981.00.650.980.990.970.960.920.980.990.311.00.890.860.97-0.83-0.550.85-0.22-0.350.850.770.870.71
-0.26-0.1-0.310.02-0.35-0.25-0.09-0.2-0.46-0.28-0.33-0.25-0.22-0.06-0.05-0.130.010.34-0.20.65-0.35-0.040.0-0.320.08
0.98-0.10.960.660.930.980.970.940.830.960.960.320.980.930.870.98-0.81-0.470.8-0.15-0.420.830.780.820.73
1.0-0.310.960.610.990.990.960.960.910.980.990.290.990.870.870.96-0.82-0.560.85-0.22-0.360.860.780.890.72
0.650.020.660.610.550.610.650.610.650.630.60.430.680.560.60.72-0.6-0.280.65-0.09-0.090.490.570.630.56
0.98-0.350.930.990.550.980.950.960.90.960.980.270.960.820.820.92-0.82-0.590.85-0.26-0.320.860.730.90.67
0.99-0.250.980.990.610.980.970.970.870.960.990.290.980.880.880.96-0.83-0.530.85-0.22-0.380.870.790.880.74
0.97-0.090.970.960.650.950.970.980.870.930.950.240.970.860.850.96-0.89-0.570.87-0.14-0.380.890.770.870.72
0.96-0.20.940.960.610.960.970.980.890.910.960.190.960.810.850.95-0.9-0.560.9-0.23-0.30.890.780.90.73
0.92-0.460.830.910.650.90.870.870.890.890.910.260.910.740.740.88-0.76-0.60.8-0.33-0.130.730.660.830.58
0.98-0.280.960.980.630.960.960.930.910.890.970.390.980.90.820.94-0.73-0.540.77-0.23-0.340.790.720.820.65
0.99-0.330.960.990.60.980.990.950.960.910.970.280.980.860.860.96-0.81-0.580.86-0.26-0.320.850.780.890.7
0.31-0.250.320.290.430.270.290.240.190.260.390.280.320.360.040.220.09-0.280.2-0.340.20.120.010.29-0.01
1.0-0.220.980.990.680.960.980.970.960.910.980.980.320.910.860.98-0.82-0.540.83-0.22-0.340.830.760.860.7
0.89-0.060.930.870.560.820.880.860.810.740.90.860.360.910.760.89-0.64-0.390.66-0.17-0.330.660.670.70.62
0.86-0.050.870.870.60.820.880.850.850.740.820.860.040.860.760.92-0.86-0.250.80.16-0.660.850.970.750.95
0.97-0.130.980.960.720.920.960.960.950.880.940.960.220.980.890.92-0.86-0.470.84-0.12-0.420.840.840.830.79
-0.830.01-0.81-0.82-0.6-0.82-0.83-0.89-0.9-0.76-0.73-0.810.09-0.82-0.64-0.86-0.860.32-0.890.010.41-0.82-0.83-0.84-0.82
-0.550.34-0.47-0.56-0.28-0.59-0.53-0.57-0.56-0.6-0.54-0.58-0.28-0.54-0.39-0.25-0.470.32-0.520.29-0.13-0.6-0.17-0.56-0.08
0.85-0.20.80.850.650.850.850.870.90.80.770.860.20.830.660.80.84-0.89-0.52-0.16-0.20.840.810.970.79
-0.220.65-0.15-0.22-0.09-0.26-0.22-0.14-0.23-0.33-0.23-0.26-0.34-0.22-0.170.16-0.120.010.29-0.16-0.690.130.26-0.260.32
-0.35-0.35-0.42-0.36-0.09-0.32-0.38-0.38-0.3-0.13-0.34-0.320.2-0.34-0.33-0.66-0.420.41-0.13-0.2-0.69-0.54-0.63-0.13-0.67
0.85-0.040.830.860.490.860.870.890.890.730.790.850.120.830.660.850.84-0.82-0.60.840.13-0.540.810.80.79
0.770.00.780.780.570.730.790.770.780.660.720.780.010.760.670.970.84-0.83-0.170.810.26-0.630.810.740.98
0.87-0.320.820.890.630.90.880.870.90.830.820.890.290.860.70.750.83-0.84-0.560.97-0.26-0.130.80.740.7
0.710.080.730.720.560.670.740.720.730.580.650.7-0.010.70.620.950.79-0.82-0.080.790.32-0.670.790.980.7
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Sailun Jinyu Account Relationship Matchups

Sailun Jinyu fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets21.1B26.2B29.7B33.7B38.8B40.7B
Other Current Liab525.6M354.4M4.0M7.4M8.6M8.1M
Total Current Liabilities10.9B11.8B11.3B13.7B15.7B16.5B
Total Stockholder Equity8.5B10.7B12.2B14.9B17.1B17.9B
Other Liab86.4M97.2M112.7M136.8M157.3M86.7M
Retained Earnings4.3B5.1B5.7B8.2B9.4B9.9B
Accounts Payable5.2B5.7B5.7B7.0B8.1B8.5B
Cash4.4B4.8B4.9B5.2B6.0B6.3B
Other Assets413.6M692.1M1.1B1.3B1.5B1.5B
Long Term Debt1.2B3.0B5.3B4.0B4.6B4.9B
Net Receivables1.9B2.4B2.7B3.4B3.9B4.1B
Inventory2.7B4.3B4.1B4.9B5.7B6.0B
Other Current Assets303.3M254.2M438.8M476.4M547.8M368.5M
Total Liab12.2B15.0B16.9B18.3B21.0B22.1B
Intangible Assets564.9M741.6M857.2M1.0B1.2B1.3B
Property Plant Equipment6.6B7.4B8.2B10.7B12.3B12.9B
Good Will241.1M231.9M268.6M275.6M248.1M286.8M
Short Term Investments438.5M100.3M104.4M53.5M48.2M45.8M
Net Tangible Assets5.2B6.3B7.7B9.8B11.2B6.4B
Other Stockholder Equity112.8M194.1M(47.6M)(122.8M)(141.2M)(134.2M)
Deferred Long Term Liab114.6M107.6M138.0M178.8M160.9M116.1M
Short Long Term Debt2.8B4.1B3.9B3.9B4.4B3.5B
Total Current Assets10.3B12.5B12.8B15.5B17.9B10.3B
Non Current Assets Total10.8B13.7B16.8B18.2B20.9B12.8B
Non Currrent Assets Other573.1M528.8M505.8M732.7M842.6M884.7M
Non Current Liabilities Total1.4B3.2B5.6B4.6B5.3B2.7B
Non Current Liabilities Other449.9M1.9B63.7M19.9M17.9M17.0M
Common Stock Shares Outstanding2.7B2.7B3.1B3.1B3.6B3.2B
Net Invested Capital12.5B17.8B21.4B22.7B26.1B16.9B
Net Working Capital(560.9M)630.8M1.5B1.9B2.2B2.3B
Capital Stock2.7B2.7B3.1B3.1B3.6B3.2B
Property Plant And Equipment Net8.1B10.7B13.6B14.3B16.5B11.9B
Property Plant And Equipment Gross12.8B16.1B20.0B21.7B24.9B18.1B

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Other Information on Investing in Sailun Stock

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