Sanxiang Intangible Assets vs Non Currrent Assets Other Analysis

603663 Stock

16.87 0.92 5.17%

Sanxiang Advanced financial indicator trend analysis is much more than just breaking down Sanxiang Advanced prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sanxiang Advanced is a good investment. Please check the relationship between Sanxiang Advanced Intangible Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sanxiang Advanced Materials. 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.

Intangible Assets vs Non Currrent Assets Other

Intangible Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sanxiang Advanced Intangible Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Sanxiang Advanced's Intangible Assets and Non Currrent Assets Other is 0.41. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Sanxiang Advanced Materials, assuming nothing else is changed. The correlation between historical values of Sanxiang Advanced's Intangible Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Sanxiang Advanced Materials are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Intangible Assets i.e., Sanxiang Advanced's Intangible Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

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Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Most indicators from Sanxiang Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sanxiang Advanced 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 Sanxiang Advanced Materials. 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 43.6 M. The current year's Tax Provision is expected to grow to about 14.5 M

	2022	2023	2024	2025 (projected)
Gross Profit	332.0M	297.0M	341.6M	178.7M
Total Revenue	972.3M	1.1B	1.2B	1.3B

Gross Profit Total Revenue

Sanxiang Advanced fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.68	0.22	0.95	0.99	0.79	1.0	0.58	0.74	1.0	0.95	0.68	1.0	0.27	0.63	0.68	0.77	0.87	0.47	0.97	-0.05	0.92	0.96	0.99	0.77	0.96
Short Long Term Debt Total	0.68		-0.06	0.62	0.58	0.73	0.72	0.89	0.9	0.64	0.51	0.53	0.71	0.29	0.58	0.48	0.79	0.65	0.92	0.64	-0.1	0.46	0.78	0.62	0.84	0.81
Other Current Liab	0.22	-0.06		0.18	0.25	0.11	0.21	-0.16	-0.12	0.24	0.21	0.23	0.21	0.3	0.51	0.13	0.47	0.35	-0.07	0.27	0.1	0.27	0.14	0.23	0.02	0.15
Total Current Liabilities	0.95	0.62	0.18		0.92	0.65	0.94	0.58	0.78	0.95	0.98	0.46	0.95	0.06	0.62	0.47	0.66	0.78	0.36	0.98	-0.19	0.81	0.97	0.95	0.78	0.86
Total Stockholder Equity	0.99	0.58	0.25	0.92		0.79	0.97	0.47	0.62	0.99	0.93	0.72	0.98	0.31	0.59	0.74	0.75	0.87	0.37	0.94	0.03	0.97	0.9	0.99	0.7	0.93
Other Liab	0.79	0.73	0.11	0.65	0.79		0.82	0.65	0.6	0.77	0.6	0.81	0.82	0.65	0.57	0.89	0.81	0.8	0.61	0.69	-0.08	0.8	0.72	0.74	0.76	0.88
Property Plant And Equipment Net	1.0	0.72	0.21	0.94	0.97	0.82		0.61	0.77	0.99	0.93	0.67	1.0	0.31	0.64	0.68	0.8	0.86	0.53	0.96	-0.11	0.91	0.96	0.97	0.78	0.98
Current Deferred Revenue	0.58	0.89	-0.16	0.58	0.47	0.65	0.61		0.85	0.55	0.42	0.36	0.6	0.3	0.55	0.36	0.68	0.52	0.76	0.59	-0.22	0.33	0.7	0.52	0.86	0.69
Net Debt	0.74	0.9	-0.12	0.78	0.62	0.6	0.77	0.85		0.71	0.67	0.28	0.76	0.03	0.5	0.27	0.65	0.55	0.76	0.75	-0.35	0.46	0.88	0.68	0.83	0.79
Retained Earnings	1.0	0.64	0.24	0.95	0.99	0.77	0.99	0.55	0.71		0.96	0.66	0.99	0.25	0.63	0.67	0.76	0.87	0.42	0.97	-0.04	0.93	0.95	0.99	0.75	0.95
Accounts Payable	0.95	0.51	0.21	0.98	0.93	0.6	0.93	0.42	0.67	0.96		0.47	0.93	0.01	0.57	0.48	0.6	0.79	0.25	0.96	-0.11	0.85	0.92	0.96	0.68	0.83
Cash	0.68	0.53	0.23	0.46	0.72	0.81	0.67	0.36	0.28	0.66	0.47		0.66	0.68	0.5	0.95	0.69	0.78	0.49	0.52	0.48	0.8	0.53	0.68	0.45	0.75
Non Current Assets Total	1.0	0.71	0.21	0.95	0.98	0.82	1.0	0.6	0.76	0.99	0.93	0.66		0.29	0.63	0.68	0.79	0.86	0.51	0.96	-0.11	0.91	0.96	0.97	0.78	0.97
Non Currrent Assets Other	0.27	0.29	0.3	0.06	0.31	0.65	0.31	0.3	0.03	0.25	0.01	0.68	0.29		0.43	0.72	0.53	0.42	0.38	0.16	0.15	0.43	0.15	0.23	0.21	0.41
Other Assets	0.63	0.58	0.51	0.62	0.59	0.57	0.64	0.55	0.5	0.63	0.57	0.5	0.63	0.43		0.42	0.75	0.83	0.46	0.66	0.07	0.5	0.66	0.62	0.59	0.62
Cash And Short Term Investments	0.68	0.48	0.13	0.47	0.74	0.89	0.68	0.36	0.27	0.67	0.48	0.95	0.68	0.72	0.42		0.64	0.74	0.41	0.53	0.28	0.84	0.52	0.67	0.5	0.74
Net Receivables	0.77	0.79	0.47	0.66	0.75	0.81	0.8	0.68	0.65	0.76	0.6	0.69	0.79	0.53	0.75	0.64		0.83	0.67	0.74	-0.01	0.69	0.75	0.73	0.78	0.85
Common Stock Shares Outstanding	0.87	0.65	0.35	0.78	0.87	0.8	0.86	0.52	0.55	0.87	0.79	0.78	0.86	0.42	0.83	0.74	0.83		0.46	0.82	0.18	0.83	0.8	0.87	0.7	0.85
Non Current Liabilities Total	0.47	0.92	-0.07	0.36	0.37	0.61	0.53	0.76	0.76	0.42	0.25	0.49	0.51	0.38	0.46	0.41	0.67	0.46		0.38	-0.02	0.29	0.58	0.39	0.57	0.67
Inventory	0.97	0.64	0.27	0.98	0.94	0.69	0.96	0.59	0.75	0.97	0.96	0.52	0.96	0.16	0.66	0.53	0.74	0.82	0.38		-0.14	0.85	0.96	0.97	0.8	0.89
Other Current Assets	-0.05	-0.1	0.1	-0.19	0.03	-0.08	-0.11	-0.22	-0.35	-0.04	-0.11	0.48	-0.11	0.15	0.07	0.28	-0.01	0.18	-0.02	-0.14		0.12	-0.17	0.05	-0.26	-0.05
Other Stockholder Equity	0.92	0.46	0.27	0.81	0.97	0.8	0.91	0.33	0.46	0.93	0.85	0.8	0.91	0.43	0.5	0.84	0.69	0.83	0.29	0.85	0.12		0.78	0.93	0.58	0.88
Total Liab	0.96	0.78	0.14	0.97	0.9	0.72	0.96	0.7	0.88	0.95	0.92	0.53	0.96	0.15	0.66	0.52	0.75	0.8	0.58	0.96	-0.17	0.78		0.93	0.83	0.93
Total Current Assets	0.99	0.62	0.23	0.95	0.99	0.74	0.97	0.52	0.68	0.99	0.96	0.68	0.97	0.23	0.62	0.67	0.73	0.87	0.39	0.97	0.05	0.93	0.93		0.73	0.92
Short Term Debt	0.77	0.84	0.02	0.78	0.7	0.76	0.78	0.86	0.83	0.75	0.68	0.45	0.78	0.21	0.59	0.5	0.78	0.7	0.57	0.8	-0.26	0.58	0.83	0.73		0.79
Intangible Assets	0.96	0.81	0.15	0.86	0.93	0.88	0.98	0.69	0.79	0.95	0.83	0.75	0.97	0.41	0.62	0.74	0.85	0.85	0.67	0.89	-0.05	0.88	0.93	0.92	0.79

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Sanxiang Advanced Account Relationship Matchups

Sanxiang Advanced fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.3B	1.5B	1.8B	2.0B	2.3B	2.4B
Short Long Term Debt Total	236.9M	368.1M	167.2M	190.0M	218.5M	141.2M
Other Current Liab	2.0M	108.1K	98.9M	12.4M	14.2M	25.0M
Total Current Liabilities	302.8M	237.8M	431.0M	619.5M	712.4M	748.0M
Total Stockholder Equity	655.5M	1.1B	1.2B	1.3B	1.4B	1.5B
Other Liab	14.1M	17.1M	28.0M	19.3M	22.2M	12.4M
Property Plant And Equipment Net	632.3M	693.6M	792.8M	859.7M	988.7M	1.0B
Net Debt	302.8M	53.5M	117.3M	183.8M	211.4M	222.0M
Retained Earnings	298.1M	372.0M	488.0M	533.5M	613.5M	644.2M
Accounts Payable	110.2M	99.0M	199.5M	306.8M	352.9M	370.5M
Cash	65.3M	113.8M	72.7M	64.4M	74.0M	53.2M
Non Current Assets Total	847.2M	950.3M	1.1B	1.2B	1.4B	1.5B
Non Currrent Assets Other	16.8M	85.7M	38.3M	3.3M	3.8M	3.6M
Other Assets	39.8M	25.1M	15.1M	30.3M	34.8M	17.6M
Cash And Short Term Investments	42.9M	65.3M	194.1M	97.8M	112.4M	61.4M
Net Receivables	225.9M	194.1M	303.2M	182.3M	209.6M	166.0M
Common Stock Shares Outstanding	373.8M	390.8M	422.4M	423.9M	487.5M	370.6M
Liabilities And Stockholders Equity	1.0B	1.3B	1.5B	1.8B	2.1B	2.2B
Non Current Liabilities Total	280.3M	111.9M	76.7M	55.7M	64.0M	60.8M
Inventory	173.7M	169.6M	297.1M	304.8M	350.6M	368.1M
Other Current Assets	20.9M	29.4M	12.1M	7.4M	8.5M	8.1M
Other Stockholder Equity	81.4M	164.9M	496.2M	417.9M	480.6M	504.7M
Total Liab	583.1M	349.7M	507.7M	675.2M	776.4M	815.3M
Total Current Assets	485.8M	587.1M	710.2M	801.9M	922.2M	968.3M
Short Term Debt	130.7M	104.9M	83.4M	132.6M	152.5M	76.7M
Intangible Assets	116.0M	118.0M	114.5M	110.5M	127.1M	133.5M
Common Stock	190.0M	192.5M	215.0M	302.3M	347.6M	365.0M
Property Plant Equipment	432.2M	632.3M	693.6M	792.8M	911.7M	957.3M
Net Tangible Assets	417.9M	502.3M	928.0M	1.1B	1.2B	660.7M
Deferred Long Term Liab	1.2M	1.2M	1.1M	1.3M	1.5M	761.0K
Net Invested Capital	1.0B	1.2B	1.4B	1.5B	1.7B	1.1B
Net Working Capital	183.0M	349.4M	279.2M	182.4M	209.7M	234.9M
Long Term Debt	263.2M	83.7M	57.4M	34.7M	31.2M	29.7M
Short Long Term Debt	91.9M	67.1M	106.0M	213.5M	245.5M	257.8M
Capital Stock	192.5M	215.0M	302.3M	423.9M	487.5M	267.5M
Property Plant And Equipment Gross	792.5M	894.4M	792.8M	1.2B	1.3B	922.2M

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

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Sanxiang Intangible Assets vs Non Currrent Assets Other Analysis

Intangible Assets vs Non Currrent Assets Other

Intangible Assets vs Non Currrent Assets Other Correlation Analysis

Correlation Coefficient

Intangible Assets

Non Currrent Assets Other

Sanxiang Advanced fundamental ratios Correlations

Sanxiang Advanced Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sanxiang Advanced fundamental ratios Accounts

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Other Information on Investing in Sanxiang Stock

COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Other Current Assets	- 0.35	Net Debt
Short Term Debt	- 0.26	Other Current Assets
Other Current Assets	- 0.22	Current Deferred Revenue
Other Current Assets	- 0.19	Total Current Liabilities
Total Liab	- 0.17	Other Current Assets
Current Deferred Revenue	- 0.16	Other Current Liab