Shanghai Other Liab vs Net Receivables Analysis

603365 Stock   15.46  0.22  1.40%   
Shanghai Shuixing financial indicator trend analysis is much more than just breaking down Shanghai Shuixing Home prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Shuixing Home is a good investment. Please check the relationship between Shanghai Shuixing Other Liab and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Shuixing Home. 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 Liab vs Net Receivables

Other Liab vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Shuixing Home Other Liab account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shanghai Shuixing's Other Liab and Net Receivables is 0.87. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shanghai Shuixing Home, assuming nothing else is changed. The correlation between historical values of Shanghai Shuixing's Other Liab 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 Other Liab of Shanghai Shuixing Home 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 Other Liab i.e., Shanghai Shuixing's Other Liab and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Net Receivables

Most indicators from Shanghai Shuixing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Shuixing Home 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 Shuixing Home. 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 March 1, 2025, Selling General Administrative is expected to decline to about 670.4 M. In addition to that, Tax Provision is expected to decline to about 65.2 M
 2022 2023 2024 2025 (projected)
Operating Income306.5M400.8M460.9M327.9M
Total Revenue3.7B4.2B4.8B3.1B

Shanghai Shuixing fundamental ratios Correlations

-0.690.751.00.890.980.890.950.930.820.910.940.180.730.690.950.960.990.880.92-0.940.77-0.940.99-0.93-0.36
-0.69-0.39-0.71-0.62-0.68-0.69-0.69-0.57-0.82-0.67-0.61-0.19-0.3-0.78-0.78-0.56-0.67-0.55-0.540.69-0.30.67-0.70.680.48
0.75-0.390.710.860.80.580.710.790.560.770.81-0.120.980.370.60.810.690.680.73-0.60.87-0.570.78-0.56-0.51
1.0-0.710.710.870.980.90.950.920.830.910.920.210.690.710.960.951.00.870.91-0.950.74-0.950.99-0.94-0.35
0.89-0.620.860.870.910.730.820.880.670.870.920.00.850.540.780.90.860.840.9-0.820.84-0.820.92-0.8-0.63
0.98-0.680.80.980.910.810.90.960.810.940.950.10.780.660.90.980.960.910.91-0.870.79-0.870.98-0.86-0.38
0.89-0.690.580.90.730.810.90.760.720.790.740.380.520.670.90.780.910.760.82-0.930.56-0.940.87-0.94-0.3
0.95-0.690.710.950.820.90.90.830.80.810.840.060.690.720.930.850.950.760.82-0.940.72-0.910.94-0.93-0.3
0.93-0.570.790.920.880.960.760.830.730.940.9-0.010.790.590.820.970.910.970.94-0.770.81-0.810.91-0.78-0.29
0.82-0.820.560.830.670.810.720.80.730.690.690.180.50.930.920.720.80.710.7-0.750.51-0.750.79-0.75-0.39
0.91-0.670.770.910.870.940.790.810.940.690.910.070.740.510.790.950.880.90.87-0.770.71-0.790.91-0.77-0.36
0.94-0.610.810.920.920.950.740.840.90.690.910.060.810.490.810.960.910.810.86-0.830.83-0.820.95-0.81-0.43
0.18-0.19-0.120.210.00.10.380.06-0.010.180.070.06-0.160.220.280.130.230.050.15-0.33-0.1-0.340.17-0.33-0.02
0.73-0.30.980.690.850.780.520.690.790.50.740.81-0.160.330.560.810.680.670.73-0.580.93-0.550.75-0.54-0.42
0.69-0.780.370.710.540.660.670.720.590.930.510.490.220.330.860.550.690.60.62-0.70.42-0.710.65-0.71-0.27
0.95-0.780.60.960.780.90.90.930.820.920.790.810.280.560.860.840.960.80.85-0.950.62-0.950.93-0.95-0.36
0.96-0.560.810.950.90.980.780.850.970.720.950.960.130.810.550.840.940.910.92-0.840.84-0.850.95-0.83-0.3
0.99-0.670.691.00.860.960.910.950.910.80.880.910.230.680.690.960.940.870.93-0.960.74-0.970.98-0.96-0.31
0.88-0.550.680.870.840.910.760.760.970.710.90.810.050.670.60.80.910.870.95-0.740.71-0.810.85-0.78-0.3
0.92-0.540.730.910.90.910.820.820.940.70.870.860.150.730.620.850.920.930.95-0.850.79-0.90.9-0.88-0.39
-0.940.69-0.6-0.95-0.82-0.87-0.93-0.94-0.77-0.75-0.77-0.83-0.33-0.58-0.7-0.95-0.84-0.96-0.74-0.85-0.670.99-0.940.990.37
0.77-0.30.870.740.840.790.560.720.810.510.710.83-0.10.930.420.620.840.740.710.79-0.67-0.650.77-0.63-0.25
-0.940.67-0.57-0.95-0.82-0.87-0.94-0.91-0.81-0.75-0.79-0.82-0.34-0.55-0.71-0.95-0.85-0.97-0.81-0.90.99-0.65-0.931.00.35
0.99-0.70.780.990.920.980.870.940.910.790.910.950.170.750.650.930.950.980.850.9-0.940.77-0.93-0.93-0.44
-0.930.68-0.56-0.94-0.8-0.86-0.94-0.93-0.78-0.75-0.77-0.81-0.33-0.54-0.71-0.95-0.83-0.96-0.78-0.880.99-0.631.0-0.930.35
-0.360.48-0.51-0.35-0.63-0.38-0.3-0.3-0.29-0.39-0.36-0.43-0.02-0.42-0.27-0.36-0.3-0.31-0.3-0.390.37-0.250.35-0.440.35
Click cells to compare fundamentals

Shanghai Shuixing Account Relationship Matchups

Shanghai Shuixing fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.0B3.5B3.5B3.6B4.2B2.9B
Other Current Liab101.4M190.2M44.0M46.1M41.5M39.4M
Total Current Liabilities626.9M724.0M680.5M649.3M746.7M667.9M
Total Stockholder Equity2.4B2.6B2.8B2.9B3.4B2.1B
Other Liab12.1M18.4M21.1M32.1M36.9M38.8M
Retained Earnings1.2B1.5B1.5B1.7B2.0B1.2B
Accounts Payable374.2M292.5M343.6M293.3M337.3M305.7M
Cash1.0B1.2B1.2B1.1B1.3B849.6M
Other Assets44.7M66.3M77.4M83.5M96.1M56.6M
Net Receivables286.2M216.7M344.8M332.6M382.5M219.4M
Inventory733.1M930.7M1.0B962.0M1.1B865.5M
Other Current Assets121.4M62.5M43.0M60.4M69.4M125.3M
Total Liab648.0M837.4M768.4M702.3M807.7M709.2M
Intangible Assets129.2M125.4M118.7M112.2M129.0M128.6M
Property Plant Equipment396.5M407.4M434.2M546.7M628.7M381.3M
Net Tangible Assets2.1B2.2B2.2B2.5B2.9B1.9B
Deferred Long Term Liab16.5M27.3M32.5M27.6M31.8M21.9M
Non Current Assets Total724.6M755.7M720.2M641.4M737.6M680.9M
Non Currrent Assets Other83.9M694.6K844.8K167.6K150.8K143.3K
Non Current Liabilities Total21.1M113.4M87.8M53.1M61.0M44.4M
Total Current Assets2.3B2.7B2.8B3.0B3.5B2.5B
Net Invested Capital2.4B2.6B2.8B3.0B3.4B2.7B
Net Working Capital1.7B2.0B2.1B2.4B2.7B2.0B
Property Plant And Equipment Net434.2M546.7M498.9M431.0M495.7M510.0M
Short Term Investments100.5M200.3M170.7M363.5M418.0M254.6M
Property Plant And Equipment Gross644.8M796.5M788.5M759.0M872.9M786.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Shuixing Home at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Shuixing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Shuixing 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.