Sinotrans Capital Expenditures vs Sale Purchase Of Stock Analysis

601598 Stock   5.23  0.12  2.24%   
Sinotrans financial indicator trend analysis is much more than just breaking down Sinotrans Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinotrans Class is a good investment. Please check the relationship between Sinotrans Capital Expenditures and its Sale Purchase Of Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinotrans Ltd Class. 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.

Capital Expenditures vs Sale Purchase Of Stock

Capital Expenditures vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinotrans Class Capital Expenditures account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sinotrans' Capital Expenditures and Sale Purchase Of Stock is -0.1. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Sinotrans Ltd Class, assuming nothing else is changed. The correlation between historical values of Sinotrans' Capital Expenditures and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Sinotrans Ltd Class are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Capital Expenditures i.e., Sinotrans' Capital Expenditures and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Sinotrans Class to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sinotrans operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Sale Purchase Of Stock

Most indicators from Sinotrans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinotrans Class 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 Sinotrans Ltd Class. 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 Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is forecasted to decline to about 818.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B3.3B2.1B3.2B
Total Revenue124.3B108.8B101.7B95.4B

Sinotrans fundamental ratios Correlations

-0.210.290.960.450.920.940.90.660.990.440.960.640.830.84-0.720.87-0.48-0.16-0.960.980.640.830.110.910.96
-0.21-0.36-0.360.46-0.4-0.38-0.18-0.09-0.250.63-0.280.41-0.06-0.050.470.120.470.780.14-0.08-0.54-0.170.47-0.31-0.35
0.29-0.360.380.230.360.420.550.430.240.140.11-0.330.220.53-0.08-0.07-0.5-0.11-0.050.220.120.560.260.110.27
0.96-0.360.380.260.990.990.910.590.960.260.950.460.730.78-0.820.73-0.69-0.17-0.880.90.70.79-0.060.950.98
0.450.460.230.260.160.240.420.530.40.830.270.530.410.730.240.480.290.1-0.450.55-0.070.430.830.120.28
0.92-0.40.360.990.160.990.870.550.920.140.930.40.670.69-0.860.66-0.73-0.16-0.830.830.740.76-0.190.940.96
0.94-0.380.420.990.240.990.930.640.930.230.930.440.720.76-0.830.71-0.72-0.13-0.840.870.660.83-0.090.940.96
0.9-0.180.550.910.420.870.930.730.850.490.790.510.830.83-0.670.74-0.650.07-0.760.870.390.930.170.80.84
0.66-0.090.430.590.530.550.640.730.550.350.570.490.570.64-0.440.58-0.250.03-0.550.650.260.860.140.550.5
0.99-0.250.240.960.40.920.930.850.550.390.970.590.760.82-0.730.83-0.5-0.21-0.970.970.690.730.080.930.98
0.440.630.140.260.830.140.230.490.350.390.240.650.570.670.140.610.140.42-0.440.56-0.270.430.820.160.26
0.96-0.280.110.950.270.930.930.790.570.970.240.620.720.69-0.830.83-0.49-0.21-0.960.930.760.7-0.120.970.97
0.640.41-0.330.460.530.40.440.510.490.590.650.620.750.44-0.350.920.120.24-0.730.740.150.530.230.560.48
0.83-0.060.220.730.410.670.720.830.570.760.570.720.750.63-0.520.89-0.27-0.02-0.770.860.290.850.240.660.69
0.84-0.050.530.780.730.690.760.830.640.820.670.690.440.63-0.330.65-0.36-0.09-0.760.850.330.720.540.620.77
-0.720.47-0.08-0.820.24-0.86-0.83-0.67-0.44-0.730.14-0.83-0.35-0.52-0.33-0.580.750.080.68-0.63-0.67-0.580.56-0.92-0.78
0.870.12-0.070.730.480.660.710.740.580.830.610.830.920.890.65-0.58-0.170.06-0.910.920.360.720.180.780.74
-0.480.47-0.5-0.690.29-0.73-0.72-0.65-0.25-0.50.14-0.490.12-0.27-0.360.75-0.17-0.090.3-0.34-0.36-0.470.36-0.63-0.6
-0.160.78-0.11-0.170.1-0.16-0.130.070.03-0.210.42-0.210.24-0.02-0.090.080.06-0.090.21-0.11-0.530.040.11-0.11-0.25
-0.960.14-0.05-0.88-0.45-0.83-0.84-0.76-0.55-0.97-0.44-0.96-0.73-0.77-0.760.68-0.910.30.21-0.97-0.66-0.68-0.1-0.9-0.92
0.98-0.080.220.90.550.830.870.870.650.970.560.930.740.860.85-0.630.92-0.34-0.11-0.970.560.80.220.860.91
0.64-0.540.120.7-0.070.740.660.390.260.69-0.270.760.150.290.33-0.670.36-0.36-0.53-0.660.560.36-0.450.720.74
0.83-0.170.560.790.430.760.830.930.860.730.430.70.530.850.72-0.580.72-0.470.04-0.680.80.360.140.690.69
0.110.470.26-0.060.83-0.19-0.090.170.140.080.82-0.120.230.240.540.560.180.360.11-0.10.22-0.450.14-0.26-0.03
0.91-0.310.110.950.120.940.940.80.550.930.160.970.560.660.62-0.920.78-0.63-0.11-0.90.860.720.69-0.260.94
0.96-0.350.270.980.280.960.960.840.50.980.260.970.480.690.77-0.780.74-0.6-0.25-0.920.910.740.69-0.030.94
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Sinotrans Account Relationship Matchups

Sinotrans fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.9B65.8B74.3B77.8B75.9B71.0B
Other Current Liab5.2B4.8B6.6B7.6B20.5M19.4M
Total Current Liabilities20.7B24.3B24.3B28.0B28.0B26.7B
Total Stockholder Equity28.4B30.4B33.1B34.9B37.8B31.0B
Other Liab1.2B816.0M1.2B1.3B1.2B980.9M
Net Tangible Assets22.5B22.0B24.9B26.3B30.3B21.9B
Retained Earnings15.1B17.0B19.9B20.1B21.9B17.6B
Accounts Payable9.1B10.7B13.9B13.9B12.4B12.0B
Cash88.2M11.4B14.5B16.3B14.0B12.2B
Non Current Assets Total36.0B37.6B37.9B39.5B41.3B37.3B
Other Assets3.2B3.1B3.2B3.2B3.7B2.9B
Long Term Debt8.4B6.3B12.0B9.3B4.4B6.7B
Net Receivables12.4B11.0B14.2B13.4B12.3B13.7B
Good Will172.6M2.3B2.0B2.2B2.0B1.6B
Short Term Investments5.6M303.3M794.6K664.1K520.2K494.2K
Non Current Liabilities Total11.0B9.3B15.0B12.9B7.7B11.8B
Inventory125.3M81.8M69.0M65.5M58.7M115.9M
Other Current Assets2.8B3.2B5.4B6.1B13.5M12.8M
Other Stockholder Equity(99.7M)(27.7M)(214.5M)(44.8M)(40.4M)(38.3M)
Total Liab31.6B33.6B39.3B41.0B35.8B37.0B
Short Long Term Debt4.0B2.7B677.9M3.1B5.2B3.0B
Total Current Assets25.9B28.3B36.4B38.3B34.6B34.7B
Intangible Assets5.9B6.3B6.4B6.4B6.6B5.1B
Property Plant Equipment16.6B17.4B17.3B18.5B21.2B18.6B
Deferred Long Term Liab302.2M340.2M369.1M331.5M381.2M342.2M
Net Invested Capital40.9B39.4B45.7B47.4B47.3B46.0B
Net Working Capital5.2B4.0B12.1B10.3B6.6B8.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Sinotrans Stock

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