Sailun Other Stockholder Equity vs Total Current Assets Analysis

601058 Stock   15.42  0.81  5.54%   
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 Other Stockholder Equity and its Total Current Assets 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.

Other Stockholder Equity vs Total Current Assets

Other Stockholder Equity vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sailun Jinyu Group Other Stockholder Equity account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sailun Jinyu's Other Stockholder Equity and Total Current Assets is -0.26. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Current Assets 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 Other Stockholder Equity and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Sailun Jinyu Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Other Stockholder Equity i.e., Sailun Jinyu's Other Stockholder Equity and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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
-0.26-0.1-0.310.02-0.35-0.25-0.09-0.2-0.46-0.22-0.33-0.25-0.22-0.06-0.05-0.130.010.34-0.20.65-0.35-0.040.0-0.320.08
0.98-0.10.960.660.930.980.970.940.830.980.960.320.980.930.870.98-0.81-0.470.8-0.15-0.420.830.780.820.73
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
0.650.020.660.610.550.610.650.610.650.640.60.430.680.560.60.72-0.6-0.280.65-0.09-0.090.490.570.630.56
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
0.99-0.250.980.990.610.980.970.970.870.980.990.290.980.880.880.96-0.83-0.530.85-0.22-0.380.870.790.880.74
0.97-0.090.970.960.650.950.970.980.870.950.950.240.970.860.850.96-0.89-0.570.87-0.14-0.380.890.770.870.72
0.96-0.20.940.960.610.960.970.980.890.930.960.190.960.810.850.95-0.9-0.560.9-0.23-0.30.890.780.90.73
0.92-0.460.830.910.650.90.870.870.890.860.910.260.910.740.740.88-0.76-0.60.8-0.33-0.130.730.660.830.58
0.98-0.220.980.980.640.960.980.950.930.860.960.370.980.890.830.95-0.78-0.50.79-0.22-0.370.820.720.830.68
0.99-0.330.960.990.60.980.990.950.960.910.960.280.980.860.860.96-0.81-0.580.86-0.26-0.320.850.780.890.7
0.31-0.250.320.290.430.270.290.240.190.260.370.280.320.360.040.220.09-0.280.2-0.340.20.120.010.29-0.01
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
0.89-0.060.930.870.560.820.880.860.810.740.890.860.360.910.760.89-0.64-0.390.66-0.17-0.330.660.670.70.62
0.86-0.050.870.870.60.820.880.850.850.740.830.860.040.860.760.92-0.86-0.250.80.16-0.660.850.970.750.95
0.97-0.130.980.960.720.920.960.960.950.880.950.960.220.980.890.92-0.86-0.470.84-0.12-0.420.840.840.830.79
-0.830.01-0.81-0.82-0.6-0.82-0.83-0.89-0.9-0.76-0.78-0.810.09-0.82-0.64-0.86-0.860.32-0.890.010.41-0.82-0.83-0.84-0.82
-0.550.34-0.47-0.56-0.28-0.59-0.53-0.57-0.56-0.6-0.5-0.58-0.28-0.54-0.39-0.25-0.470.32-0.520.29-0.13-0.6-0.17-0.56-0.08
0.85-0.20.80.850.650.850.850.870.90.80.790.860.20.830.660.80.84-0.89-0.52-0.16-0.20.840.810.970.79
-0.220.65-0.15-0.22-0.09-0.26-0.22-0.14-0.23-0.33-0.22-0.26-0.34-0.22-0.170.16-0.120.010.29-0.16-0.690.130.26-0.260.32
-0.35-0.35-0.42-0.36-0.09-0.32-0.38-0.38-0.3-0.13-0.37-0.320.2-0.34-0.33-0.66-0.420.41-0.13-0.2-0.69-0.54-0.63-0.13-0.67
0.85-0.040.830.860.490.860.870.890.890.730.820.850.120.830.660.850.84-0.82-0.60.840.13-0.540.810.80.79
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
0.87-0.320.820.890.630.90.880.870.90.830.830.890.290.860.70.750.83-0.84-0.560.97-0.26-0.130.80.740.7
0.710.080.730.720.560.670.740.720.730.580.680.7-0.010.70.620.950.79-0.82-0.080.790.32-0.670.790.980.7
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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 Receivables2.5B2.4B2.7B3.4B3.9B4.1B
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

Currently Active Assets on Macroaxis

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.