Shanghai Total Operating Expenses vs Reconciled Depreciation Analysis

605098 Stock   35.85  0.27  0.76%   
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 Total Operating Expenses and its Reconciled Depreciation 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.

Total Operating Expenses vs Reconciled Depreciation

Total Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Action Education Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have very strong relationship.
Total Operating ExpensesReconciled DepreciationDiversified AwayTotal Operating ExpensesReconciled DepreciationDiversified Away100%
The correlation between Shanghai Action's Total Operating Expenses and Reconciled Depreciation is 0.84. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation 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 Total Operating Expenses and Reconciled 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 Total Operating Expenses of Shanghai Action Education are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Shanghai Action's Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Reconciled Depreciation

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
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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

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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.