Shanghai Total Stockholder Equity vs Accounts Payable Analysis

603659 Stock   17.20  0.17  1.00%   
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 Total Stockholder Equity and its Accounts Payable 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.

Total Stockholder Equity vs Accounts Payable

Total Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Putailai New Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Putailai's Total Stockholder Equity and Accounts Payable is 0.97. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Shanghai Putailai New are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Shanghai Putailai's Total Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Shanghai Putailai obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shanghai Putailai New are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 December 22, 2024, 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
 2021 2022 2023 2024 (projected)
Operating Income2.2B3.9B3.4B3.6B
Total Revenue9.0B15.5B15.3B16.1B

Shanghai Putailai fundamental ratios Correlations

0.651.00.991.00.990.980.980.850.680.840.990.811.00.990.981.01.00.981.00.410.980.980.770.970.98
0.650.670.640.670.750.590.690.850.640.820.680.910.660.60.630.690.680.690.610.360.560.560.350.590.65
1.00.670.981.00.990.970.980.860.670.831.00.821.00.990.990.990.990.970.990.360.980.980.80.980.99
0.990.640.980.990.970.990.970.850.710.870.960.820.970.980.960.990.991.00.990.510.960.940.690.930.96
1.00.671.00.990.990.970.980.870.70.850.990.821.00.990.991.00.990.980.990.390.980.970.770.960.99
0.990.750.990.970.990.950.990.90.690.880.990.880.990.970.970.990.990.980.980.370.960.960.740.960.97
0.980.590.970.990.970.950.940.820.660.830.950.760.960.970.960.970.980.980.970.550.970.940.710.930.96
0.980.690.980.970.980.990.940.840.680.880.970.860.980.980.950.990.990.970.980.340.940.950.70.940.95
0.850.850.860.850.870.90.820.840.790.910.870.940.850.820.850.870.860.870.820.440.80.790.580.80.86
0.680.640.670.710.70.690.660.680.790.780.650.790.660.710.640.720.670.710.670.470.60.570.380.530.7
0.840.820.830.870.850.880.830.880.910.780.820.970.820.830.780.880.870.90.830.560.760.740.40.740.8
0.990.681.00.960.990.990.950.970.870.650.820.811.00.980.990.980.980.960.980.310.980.980.820.980.98
0.810.910.820.820.820.880.760.860.940.790.970.810.80.790.770.850.840.850.790.410.720.720.430.730.78
1.00.661.00.971.00.990.960.980.850.660.821.00.80.990.990.990.990.970.990.340.990.990.810.980.99
0.990.60.990.980.990.970.970.980.820.710.830.980.790.990.970.990.980.971.00.370.970.970.770.950.97
0.980.630.990.960.990.970.960.950.850.640.780.990.770.990.970.970.970.950.970.320.980.980.810.970.97
1.00.690.990.991.00.990.970.990.870.720.880.980.850.990.990.971.00.990.990.420.960.960.730.950.98
1.00.680.990.990.990.990.980.990.860.670.870.980.840.990.980.971.00.990.990.440.970.960.740.960.97
0.980.690.971.00.980.980.980.970.870.710.90.960.850.970.970.950.990.990.980.540.950.920.660.920.96
1.00.610.990.990.990.980.970.980.820.670.830.980.790.991.00.970.990.990.980.380.980.970.770.960.98
0.410.360.360.510.390.370.550.340.440.470.560.310.410.340.370.320.420.440.540.380.360.24-0.020.240.4
0.980.560.980.960.980.960.970.940.80.60.760.980.720.990.970.980.960.970.950.980.360.990.840.980.98
0.980.560.980.940.970.960.940.950.790.570.740.980.720.990.970.980.960.960.920.970.240.990.860.990.96
0.770.350.80.690.770.740.710.70.580.380.40.820.430.810.770.810.730.740.660.77-0.020.840.860.880.83
0.970.590.980.930.960.960.930.940.80.530.740.980.730.980.950.970.950.960.920.960.240.980.990.880.96
0.980.650.990.960.990.970.960.950.860.70.80.980.780.990.970.970.980.970.960.980.40.980.960.830.96
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Shanghai Putailai Account Relationship Matchups

Shanghai Putailai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B14.5B21.5B35.7B43.7B45.9B
Other Current Liab992.6M1.6B3.0B5.8B1.2B1.6B
Total Current Liabilities4.2B5.3B9.5B18.3B20.4B21.4B
Total Stockholder Equity3.4B8.9B10.5B13.5B17.8B18.7B
Retained Earnings1.9B2.4B3.9B6.7B7.7B8.0B
Accounts Payable1.5B2.3B4.7B7.8B7.3B7.7B
Cash862.3M5.0B3.9B6.4B9.1B9.6B
Other Assets237.2M288.7M1.1B1.3B1.5B1.5B
Net Receivables1.3B1.7B1.9B4.0B3.2B1.7B
Inventory2.3B2.2B5.0B11.0B11.5B12.1B
Other Current Assets267.5M402.3M984.7M1.2B827.8M451.6M
Total Liab4.5B5.6B10.8B21.7B24.9B26.2B
Intangible Assets222.8M241.5M479.7M634.0M912.6M958.3M
Common Stock435.2M496.0M694.4M1.4B1.6B1.7B
Property Plant Equipment2.4B3.3B5.9B8.3B9.5B10.0B
Other Liab57.1M184.1M292.0M446.4M513.4M539.0M
Net Tangible Assets3.1B8.6B9.9B12.7B14.7B15.4B
Non Current Assets Total3.2B4.1B8.0B10.7B15.0B15.8B
Non Currrent Assets Other135.8M3.4B846.2M695.0M846.5M832.0M
Long Term Debt583.7M254.7M986.5M2.9B4.0B4.2B
Non Current Liabilities Total311.8M269.3M1.3B3.4B4.6B4.8B
Other Stockholder Equity652.3K90.8K(94.5K)1.3M1.5M1.6M
Deferred Long Term Liab12.6M20.1M75.2M263.6M303.2M318.3M
Short Long Term Debt1.2B1.2B1.2B3.3B3.7B3.9B
Total Current Assets5.0B10.4B13.5B25.0B28.7B30.1B
Non Current Liabilities Other506.6M214.2M94.9M46.3M41.6M39.5M
Common Stock Shares Outstanding609.3M694.4M694.4M1.4B2.1B2.2B
Net Invested Capital4.9B10.1B12.7B19.7B25.4B26.7B
Net Working Capital795.4M5.1B4.0B6.6B8.3B4.5B
Capital Stock435.2M496.0M694.4M1.4B2.1B2.2B

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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.