Shanghai Free Cash Flow vs Change To Inventory Analysis

605098 Stock   36.70  0.85  2.37%   
Shanghai Action financial indicator trend analysis is much more than just breaking down Shanghai Action Education prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Action Education is a good investment. Please check the relationship between Shanghai Action Free Cash Flow and its Change To Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Action Education. 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.

Free Cash Flow vs Change To Inventory

Free Cash Flow vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Action Education Free Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
Free Cash FlowChange To InventoryDiversified AwayFree Cash FlowChange To InventoryDiversified Away100%
The correlation between Shanghai Action's Free Cash Flow and Change To Inventory is -0.28. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Shanghai Action Education, assuming nothing else is changed. The correlation between historical values of Shanghai Action's Free Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Shanghai Action Education are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Free Cash Flow i.e., Shanghai Action's Free Cash Flow and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Shanghai Action's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Action Education 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 Action Education. 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 242.6 M, whereas Tax Provision is forecasted to decline to about 27.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit339.0M526.1M605.0M311.4M
Total Revenue450.9M672.2M773.1M417.0M

Shanghai Action fundamental ratios Correlations

0.10.990.990.61-0.930.830.270.980.580.171.00.380.86-0.770.970.991.0-0.260.78-0.330.63-0.820.940.930.87
0.10.030.180.28-0.350.58-0.320.120.060.510.17-0.090.21-0.370.030.020.11-0.18-0.08-0.210.53-0.47-0.190.14-0.12
0.990.030.960.64-0.930.790.30.990.550.070.980.380.82-0.770.921.00.99-0.30.78-0.370.66-0.770.930.860.84
0.990.180.960.6-0.930.850.270.960.550.240.990.410.86-0.740.980.960.99-0.270.78-0.350.61-0.850.930.960.87
0.610.280.640.6-0.70.640.60.660.3-0.020.630.560.56-0.560.520.640.62-0.540.63-0.560.67-0.490.490.550.53
-0.93-0.35-0.93-0.93-0.7-0.94-0.2-0.96-0.52-0.16-0.95-0.34-0.860.85-0.85-0.92-0.940.34-0.690.43-0.80.85-0.78-0.84-0.78
0.830.580.790.850.64-0.940.060.840.530.370.860.230.86-0.840.740.790.83-0.30.51-0.360.82-0.860.620.790.65
0.27-0.320.30.270.6-0.20.060.26-0.12-0.250.270.830.230.160.320.30.3-0.380.65-0.580.02-0.040.380.320.42
0.980.120.990.960.66-0.960.840.260.540.070.980.370.83-0.80.910.990.99-0.320.77-0.40.7-0.80.90.860.84
0.580.060.550.550.3-0.520.53-0.120.540.260.54-0.290.64-0.730.540.550.530.270.310.450.36-0.450.520.550.54
0.170.510.070.24-0.02-0.160.37-0.250.070.260.19-0.210.25-0.230.230.070.16-0.01-0.140.150.17-0.370.120.32-0.04
1.00.170.980.990.63-0.950.860.270.980.540.190.390.86-0.780.960.981.0-0.30.77-0.370.66-0.840.920.930.86
0.38-0.090.380.410.56-0.340.230.830.37-0.29-0.210.390.350.140.430.380.42-0.420.64-0.770.06-0.270.430.460.5
0.860.210.820.860.56-0.860.860.230.830.640.250.860.35-0.690.830.820.85-0.170.57-0.180.51-0.850.780.890.85
-0.77-0.37-0.77-0.74-0.560.85-0.840.16-0.8-0.73-0.23-0.780.14-0.69-0.65-0.77-0.750.17-0.360.03-0.840.67-0.6-0.63-0.57
0.970.030.920.980.52-0.850.740.320.910.540.230.960.430.83-0.650.930.97-0.210.77-0.270.46-0.780.970.970.91
0.990.021.00.960.64-0.920.790.30.990.550.070.980.380.82-0.770.930.99-0.30.78-0.370.65-0.770.940.870.85
1.00.110.990.990.62-0.940.830.30.990.530.161.00.420.85-0.750.970.99-0.290.78-0.380.63-0.820.940.930.87
-0.26-0.18-0.3-0.27-0.540.34-0.3-0.38-0.320.27-0.01-0.3-0.42-0.170.17-0.21-0.3-0.29-0.320.69-0.350.23-0.2-0.21-0.19
0.78-0.080.780.780.63-0.690.510.650.770.31-0.140.770.640.57-0.360.770.780.78-0.32-0.550.36-0.550.770.710.75
-0.33-0.21-0.37-0.35-0.560.43-0.36-0.58-0.40.450.15-0.37-0.77-0.180.03-0.27-0.37-0.380.69-0.55-0.420.28-0.25-0.26-0.23
0.630.530.660.610.67-0.80.820.020.70.360.170.660.060.51-0.840.460.650.63-0.350.36-0.42-0.560.390.460.36
-0.82-0.47-0.77-0.85-0.490.85-0.86-0.04-0.8-0.45-0.37-0.84-0.27-0.850.67-0.78-0.77-0.820.23-0.550.28-0.56-0.68-0.81-0.63
0.94-0.190.930.930.49-0.780.620.380.90.520.120.920.430.78-0.60.970.940.94-0.20.77-0.250.39-0.680.910.89
0.930.140.860.960.55-0.840.790.320.860.550.320.930.460.89-0.630.970.870.93-0.210.71-0.260.46-0.810.910.92
0.87-0.120.840.870.53-0.780.650.420.840.54-0.040.860.50.85-0.570.910.850.87-0.190.75-0.230.36-0.630.890.92
Click cells to compare fundamentals

Shanghai Action Account Relationship Matchups

Shanghai Action fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.2B2.0B2.0B2.1B2.4B2.5B
Other Current Liab711.4M873.9M838.2M34.1M39.2M37.3M
Total Current Liabilities720.5M896.7M859.3M1.1B1.3B1.3B
Total Stockholder Equity446.8M1.1B1.1B959.1M1.1B1.2B
Property Plant And Equipment Net186.5M209.4M195.6M216.6M249.0M158.4M
Net Debt(712.9M)(905.4M)(1.1B)(1.2B)(1.1B)(1.0B)
Retained Earnings333.6M434.8M409.0M290.5M334.1M199.1M
Accounts Payable9.1M13.3M11.4M18.6M21.4M12.9M
Cash905.4M1.1B1.2B1.4B1.6B1.6B
Non Current Assets Total241.1M267.3M257.6M273.9M314.9M249.9M
Non Currrent Assets Other51.9M649.6M57.5M1.2M1.3M1.3M
Cash And Short Term Investments712.9M905.4M1.7B1.7B1.9B2.0B
Common Stock Shares Outstanding88.4M108.1M117.9M118.1M135.8M104.2M
Liabilities And Stockholders Equity974.7M1.2B2.0B2.0B2.2B2.4B
Inventory2.4M2.7M2.8M2.9M3.3M1.7M
Other Current Assets6.8M1.8M2.3M3.8M3.5M3.3M
Other Stockholder Equity45.3M50.0M558.7M539.1M620.0M651.0M
Total Liab724.6M925.4M880.8M1.1B1.3B1.4B
Total Current Assets933.8M1.7B1.7B1.8B2.1B2.2B
Intangible Assets925.4K627.5K2.3M1.9M1.7M1.6M
Net Receivables18.5K827.714.6K166.3K149.7K84.3K
Non Current Liabilities Total4.1M28.8M21.5M37.8M43.5M45.7M
Net Invested Capital446.8M1.1B1.1B959.1M1.1B863.8M
Net Working Capital213.3M843.5M833.8M726.4M835.4M606.4M

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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