Sanxiang Property Plant Equipment vs Total Revenue Analysis

603663 Stock   17.79  0.41  2.36%   
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 Property Plant Equipment and its Total Revenue 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.

Property Plant Equipment vs Total Revenue

Property Plant Equipment vs Total Revenue Correlation Analysis

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

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Total Revenue

Total revenue comprises all receipts Sanxiang Advanced generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Profit332.0M297.0M341.6M178.7M
Total Revenue972.3M1.1B1.2B1.3B

Sanxiang Advanced fundamental ratios Correlations

0.680.220.950.990.791.00.580.741.00.950.681.00.270.630.680.770.870.470.97-0.050.920.960.990.770.96
0.68-0.060.620.580.730.720.890.90.640.510.530.710.290.580.480.790.650.920.64-0.10.460.780.620.840.81
0.22-0.060.180.250.110.21-0.16-0.120.240.210.230.210.30.510.130.470.35-0.070.270.10.270.140.230.020.15
0.950.620.180.920.650.940.580.780.950.980.460.950.060.620.470.660.780.360.98-0.190.810.970.950.780.86
0.990.580.250.920.790.970.470.620.990.930.720.980.310.590.740.750.870.370.940.030.970.90.990.70.93
0.790.730.110.650.790.820.650.60.770.60.810.820.650.570.890.810.80.610.69-0.080.80.720.740.760.88
1.00.720.210.940.970.820.610.770.990.930.671.00.310.640.680.80.860.530.96-0.110.910.960.970.780.98
0.580.89-0.160.580.470.650.610.850.550.420.360.60.30.550.360.680.520.760.59-0.220.330.70.520.860.69
0.740.9-0.120.780.620.60.770.850.710.670.280.760.030.50.270.650.550.760.75-0.350.460.880.680.830.79
1.00.640.240.950.990.770.990.550.710.960.660.990.250.630.670.760.870.420.97-0.040.930.950.990.750.95
0.950.510.210.980.930.60.930.420.670.960.470.930.010.570.480.60.790.250.96-0.110.850.920.960.680.83
0.680.530.230.460.720.810.670.360.280.660.470.660.680.50.950.690.780.490.520.480.80.530.680.450.75
1.00.710.210.950.980.821.00.60.760.990.930.660.290.630.680.790.860.510.96-0.110.910.960.970.780.97
0.270.290.30.060.310.650.310.30.030.250.010.680.290.430.720.530.420.380.160.150.430.150.230.210.41
0.630.580.510.620.590.570.640.550.50.630.570.50.630.430.420.750.830.460.660.070.50.660.620.590.62
0.680.480.130.470.740.890.680.360.270.670.480.950.680.720.420.640.740.410.530.280.840.520.670.50.74
0.770.790.470.660.750.810.80.680.650.760.60.690.790.530.750.640.830.670.74-0.010.690.750.730.780.85
0.870.650.350.780.870.80.860.520.550.870.790.780.860.420.830.740.830.460.820.180.830.80.870.70.85
0.470.92-0.070.360.370.610.530.760.760.420.250.490.510.380.460.410.670.460.38-0.020.290.580.390.570.67
0.970.640.270.980.940.690.960.590.750.970.960.520.960.160.660.530.740.820.38-0.140.850.960.970.80.89
-0.05-0.10.1-0.190.03-0.08-0.11-0.22-0.35-0.04-0.110.48-0.110.150.070.28-0.010.18-0.02-0.140.12-0.170.05-0.26-0.05
0.920.460.270.810.970.80.910.330.460.930.850.80.910.430.50.840.690.830.290.850.120.780.930.580.88
0.960.780.140.970.90.720.960.70.880.950.920.530.960.150.660.520.750.80.580.96-0.170.780.930.830.93
0.990.620.230.950.990.740.970.520.680.990.960.680.970.230.620.670.730.870.390.970.050.930.930.730.92
0.770.840.020.780.70.760.780.860.830.750.680.450.780.210.590.50.780.70.570.8-0.260.580.830.730.79
0.960.810.150.860.930.880.980.690.790.950.830.750.970.410.620.740.850.850.670.89-0.050.880.930.920.79
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Sanxiang Advanced Account Relationship Matchups

Sanxiang Advanced fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.5B1.8B2.0B2.3B2.4B
Short Long Term Debt Total236.9M368.1M167.2M190.0M218.5M141.2M
Other Current Liab2.0M108.1K98.9M12.4M14.2M25.0M
Total Current Liabilities302.8M237.8M431.0M619.5M712.4M748.0M
Total Stockholder Equity655.5M1.1B1.2B1.3B1.4B1.5B
Other Liab14.1M17.1M28.0M19.3M22.2M12.4M
Property Plant And Equipment Net632.3M693.6M792.8M859.7M988.7M1.0B
Net Debt302.8M53.5M117.3M183.8M211.4M222.0M
Retained Earnings298.1M372.0M488.0M533.5M613.5M644.2M
Accounts Payable110.2M99.0M199.5M306.8M352.9M370.5M
Cash65.3M113.8M72.7M64.4M74.0M53.2M
Non Current Assets Total847.2M950.3M1.1B1.2B1.4B1.5B
Non Currrent Assets Other16.8M85.7M38.3M3.3M3.8M3.6M
Other Assets39.8M25.1M15.1M30.3M34.8M17.6M
Cash And Short Term Investments42.9M65.3M194.1M97.8M112.4M61.4M
Net Receivables225.9M194.1M303.2M182.3M209.6M166.0M
Common Stock Shares Outstanding373.8M390.8M422.4M423.9M487.5M370.6M
Liabilities And Stockholders Equity1.0B1.3B1.5B1.8B2.1B2.2B
Non Current Liabilities Total280.3M111.9M76.7M55.7M64.0M60.8M
Inventory173.7M169.6M297.1M304.8M350.6M368.1M
Other Current Assets20.9M29.4M12.1M7.4M8.5M8.1M
Other Stockholder Equity81.4M164.9M496.2M417.9M480.6M504.7M
Total Liab583.1M349.7M507.7M675.2M776.4M815.3M
Total Current Assets485.8M587.1M710.2M801.9M922.2M968.3M
Short Term Debt130.7M104.9M83.4M132.6M152.5M76.7M
Intangible Assets116.0M118.0M114.5M110.5M127.1M133.5M
Common Stock190.0M192.5M215.0M302.3M347.6M365.0M
Property Plant Equipment432.2M632.3M693.6M792.8M911.7M957.3M
Net Tangible Assets417.9M502.3M928.0M1.1B1.2B660.7M
Deferred Long Term Liab1.2M1.2M1.1M1.3M1.5M761.0K
Net Invested Capital1.0B1.2B1.4B1.5B1.7B1.1B
Net Working Capital183.0M349.4M279.2M182.4M209.7M234.9M
Long Term Debt263.2M83.7M57.4M34.7M31.2M29.7M
Short Long Term Debt91.9M67.1M106.0M213.5M245.5M257.8M
Capital Stock192.5M215.0M302.3M423.9M487.5M267.5M
Property Plant And Equipment Gross792.5M894.4M792.8M1.2B1.3B922.2M

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Other Information on Investing in Sanxiang Stock

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.