Shanghai Change To Netincome vs Depreciation Analysis
| 603659 Stock | 15.29 0.62 3.90% |
Shanghai Putailai financial indicator trend analysis is much more than just breaking down Shanghai Putailai New prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Putailai New is a good investment. Please check the relationship between Shanghai Putailai Change To Netincome and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Putailai New. 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.
Change To Netincome vs Depreciation
Change To Netincome vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Putailai New Change To Netincome account and Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Putailai's Change To Netincome and Depreciation is 0.98. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Depreciation in the same time period over historical financial statements of Shanghai Putailai New, assuming nothing else is changed. The correlation between historical values of Shanghai Putailai's Change To Netincome and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Shanghai Putailai New are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Change To Netincome i.e., Shanghai Putailai's Change To Netincome and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Change To Netincome
Depreciation
Depreciation indicates how much of Shanghai Putailai New value has been used up. For tax purposes Shanghai Putailai can deduct the cost of the tangible assets it purchases as business expenses. However, Shanghai Putailai New must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Most indicators from Shanghai Putailai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Putailai New 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 Putailai New. 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 January 3, 2025, Selling General Administrative is expected to decline to about 204.5 M. In addition to that, Tax Provision is expected to decline to about 163.7 M
| 2022 | 2023 | 2024 | 2025 (projected) | Operating Income | 3.9B | 3.4B | 4.0B | 4.2B | Total Revenue | 15.5B | 15.3B | 17.6B | 18.5B |
Shanghai Putailai fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Putailai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Shanghai Putailai fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 14.5B | 21.5B | 35.7B | 43.7B | 50.2B | 52.7B | |
| Other Current Liab | 1.6B | 3.0B | 5.8B | 1.2B | 1.3B | 1.6B | |
| Total Current Liabilities | 5.3B | 9.5B | 18.3B | 20.4B | 23.4B | 24.6B | |
| Total Stockholder Equity | 8.9B | 10.5B | 13.5B | 17.8B | 20.4B | 21.5B | |
| Retained Earnings | 2.4B | 3.9B | 6.7B | 7.7B | 8.8B | 9.2B | |
| Accounts Payable | 2.3B | 4.7B | 7.8B | 7.3B | 8.4B | 8.8B | |
| Cash | 5.0B | 3.9B | 6.4B | 9.1B | 10.5B | 11.0B | |
| Other Assets | 237.2M | 288.7M | 1.1B | 1.3B | 1.5B | 1.5B | |
| Net Receivables | 1.7B | 1.9B | 4.0B | 3.2B | 3.7B | 3.9B | |
| Short Term Investments | 973.2M | 1.6B | 1.6B | 1.5B | 1.8B | 1.8B | |
| Inventory | 2.2B | 5.0B | 11.0B | 11.5B | 13.2B | 13.9B | |
| Other Current Assets | 402.3M | 984.7M | 1.2B | 827.8M | 952.0M | 999.6M | |
| Total Liab | 5.6B | 10.8B | 21.7B | 24.9B | 28.7B | 30.1B | |
| Intangible Assets | 241.5M | 479.7M | 634.0M | 912.6M | 1.0B | 1.1B | |
| Common Stock | 435.2M | 496.0M | 694.4M | 1.4B | 1.6B | 1.7B | |
| Property Plant Equipment | 2.4B | 3.3B | 5.9B | 8.3B | 9.5B | 10.0B | |
| Other Liab | 57.1M | 184.1M | 292.0M | 446.4M | 513.4M | 539.0M | |
| Net Tangible Assets | 3.1B | 8.6B | 9.9B | 12.7B | 14.7B | 15.4B | |
| Non Current Assets Total | 4.1B | 8.0B | 10.7B | 15.0B | 17.3B | 18.1B | |
| Non Currrent Assets Other | 3.4B | 846.2M | 695.0M | 846.5M | 973.5M | 832.0M | |
| Non Current Liabilities Total | 269.3M | 1.3B | 3.4B | 4.6B | 5.2B | 5.5B | |
| Other Stockholder Equity | 652.3K | 90.8K | (94.5K) | 1.3M | 1.5M | 1.6M | |
| Deferred Long Term Liab | 12.6M | 20.1M | 75.2M | 263.6M | 303.2M | 318.3M | |
| Short Long Term Debt | 1.2B | 1.2B | 3.3B | 3.7B | 4.2B | 4.4B | |
| Total Current Assets | 10.4B | 13.5B | 25.0B | 28.7B | 33.0B | 34.6B | |
| Non Current Liabilities Other | 506.6M | 214.2M | 94.9M | 46.3M | 41.6M | 39.5M | |
| Common Stock Shares Outstanding | 694.4M | 694.4M | 1.4B | 2.1B | 2.5B | 2.6B | |
| Net Invested Capital | 10.1B | 12.7B | 19.7B | 25.4B | 29.2B | 30.7B | |
| Net Working Capital | 5.1B | 4.0B | 6.6B | 8.3B | 9.5B | 10.0B | |
| Capital Stock | 496.0M | 694.4M | 1.4B | 2.1B | 2.5B | 2.6B | |
| Property Plant And Equipment Net | 3.3B | 5.9B | 8.3B | 11.9B | 13.7B | 7.0B | |
| Property Plant And Equipment Gross | 3.6B | 6.6B | 9.5B | 13.7B | 15.7B | 7.9B |
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Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the financial position of Shanghai Putailai New at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Putailai Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Putailai 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.