Shanghai Capital Expenditures vs Change To Netincome Analysis

688180 Stock

29.36 0.77 2.56%

Shanghai Junshi financial indicator trend analysis is much more than just breaking down Shanghai Junshi Bios prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Junshi Bios is a good investment. Please check the relationship between Shanghai Junshi Capital Expenditures and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Junshi Biosciences. 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.

Capital Expenditures vs Change To Netincome

Capital Expenditures vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Junshi Bios Capital Expenditures account and Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shanghai Junshi's Capital Expenditures and Change To Netincome is -0.35. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Shanghai Junshi Biosciences, assuming nothing else is changed. The correlation between historical values of Shanghai Junshi's Capital Expenditures and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Shanghai Junshi Biosciences are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Capital Expenditures i.e., Shanghai Junshi's Capital Expenditures and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

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Capital Expenditures

Capital Expenditures are funds used by Shanghai Junshi Bios to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Shanghai Junshi operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Netincome

Most indicators from Shanghai Junshi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Junshi Bios 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 Junshi Biosciences. 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.

At present, Shanghai Junshi's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 107.5 K, whereas Selling General Administrative is forecasted to decline to about 869.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	2.8B	927.2M	835.3M	1.0B
Total Revenue	4.0B	1.5B	1.5B	1.5B

Gross Profit Total Revenue

Shanghai Junshi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Net Working Capital	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.49	0.98	0.99	0.98	0.98	-0.9	0.82	0.96	0.99	0.45	0.88	0.76	0.95	-0.87	0.9	0.99	0.69	0.02	0.97	1.0	0.99	0.96	0.85	0.96	0.97
Other Current Liab	0.49		0.47	0.51	0.55	0.59	-0.15	-0.05	0.45	0.45	0.66	0.19	0.77	0.28	-0.58	0.32	0.45	0.22	-0.01	0.43	0.48	0.52	0.52	0.02	0.48	0.56
Total Current Liabilities	0.98	0.47		0.95	0.99	0.98	-0.91	0.78	0.89	0.99	0.37	0.89	0.8	0.95	-0.84	0.92	0.97	0.78	-0.04	0.99	0.96	0.95	0.89	0.85	0.97	0.98
Total Stockholder Equity	0.99	0.51	0.95		0.96	0.97	-0.87	0.81	0.97	0.97	0.5	0.85	0.75	0.94	-0.86	0.87	0.98	0.64	0.02	0.94	1.0	1.0	0.98	0.83	0.93	0.95
Other Liab	0.98	0.55	0.99	0.96		0.99	-0.87	0.75	0.92	0.98	0.38	0.85	0.78	0.92	-0.89	0.94	0.97	0.73	0.03	0.99	0.97	0.96	0.91	0.8	0.99	0.99
Net Tangible Assets	0.98	0.59	0.98	0.97	0.99		-0.86	0.72	0.92	0.97	0.49	0.85	0.85	0.91	-0.88	0.89	0.95	0.73	0.03	0.97	0.97	0.97	0.92	0.79	0.97	0.97
Retained Earnings	-0.9	-0.15	-0.91	-0.87	-0.87	-0.86		-0.95	-0.84	-0.91	-0.21	-0.82	-0.59	-0.97	0.77	-0.9	-0.9	-0.85	0.05	-0.92	-0.89	-0.87	-0.81	-0.99	-0.9	-0.86
Accounts Payable	0.82	-0.05	0.78	0.81	0.75	0.72	-0.95		0.82	0.82	0.11	0.77	0.35	0.92	-0.66	0.82	0.83	0.66	-0.01	0.81	0.83	0.81	0.79	0.97	0.78	0.74
Cash	0.96	0.45	0.89	0.97	0.92	0.92	-0.84	0.82		0.91	0.41	0.79	0.62	0.9	-0.87	0.84	0.92	0.53	0.12	0.89	0.97	0.98	0.99	0.8	0.9	0.9
Non Current Assets Total	0.99	0.45	0.99	0.97	0.98	0.97	-0.91	0.82	0.91		0.42	0.91	0.77	0.96	-0.84	0.93	0.99	0.76	-0.01	0.98	0.98	0.96	0.91	0.86	0.96	0.98
Non Currrent Assets Other	0.45	0.66	0.37	0.5	0.38	0.49	-0.21	0.11	0.41	0.42		0.31	0.72	0.31	-0.46	0.18	0.41	0.28	0.15	0.31	0.44	0.47	0.51	0.17	0.34	0.4
Other Assets	0.88	0.19	0.89	0.85	0.85	0.85	-0.82	0.77	0.79	0.91	0.31		0.63	0.87	-0.64	0.82	0.89	0.64	0.05	0.88	0.86	0.84	0.78	0.8	0.83	0.84
Net Receivables	0.76	0.77	0.8	0.75	0.78	0.85	-0.59	0.35	0.62	0.77	0.72	0.63		0.67	-0.67	0.58	0.74	0.69	-0.14	0.74	0.73	0.74	0.68	0.5	0.74	0.78
Common Stock Shares Outstanding	0.95	0.28	0.95	0.94	0.92	0.91	-0.97	0.92	0.9	0.96	0.31	0.87	0.67		-0.76	0.88	0.97	0.76	-0.14	0.94	0.95	0.93	0.89	0.95	0.91	0.91
Short Term Investments	-0.87	-0.58	-0.84	-0.86	-0.89	-0.88	0.77	-0.66	-0.87	-0.84	-0.46	-0.64	-0.67	-0.76		-0.89	-0.81	-0.68	-0.37	-0.87	-0.88	-0.88	-0.87	-0.67	-0.93	-0.89
Non Current Liabilities Total	0.9	0.32	0.92	0.87	0.94	0.89	-0.9	0.82	0.84	0.93	0.18	0.82	0.58	0.88	-0.89		0.89	0.78	0.19	0.97	0.9	0.87	0.81	0.84	0.97	0.94
Inventory	0.99	0.45	0.97	0.98	0.97	0.95	-0.9	0.83	0.92	0.99	0.41	0.89	0.74	0.97	-0.81	0.89		0.69	-0.1	0.96	0.98	0.97	0.93	0.86	0.93	0.97
Other Current Assets	0.69	0.22	0.78	0.64	0.73	0.73	-0.85	0.66	0.53	0.76	0.28	0.64	0.69	0.76	-0.68	0.78	0.69		-0.01	0.8	0.66	0.63	0.53	0.8	0.78	0.73
Other Stockholder Equity	0.02	-0.01	-0.04	0.02	0.03	0.03	0.05	-0.01	0.12	-0.01	0.15	0.05	-0.14	-0.14	-0.37	0.19	-0.1	-0.01		0.04	0.05	0.05	0.1	-0.09	0.14	0.04
Total Liab	0.97	0.43	0.99	0.94	0.99	0.97	-0.92	0.81	0.89	0.98	0.31	0.88	0.74	0.94	-0.87	0.97	0.96	0.8	0.04		0.96	0.94	0.88	0.86	0.99	0.98
Net Invested Capital	1.0	0.48	0.96	1.0	0.97	0.97	-0.89	0.83	0.97	0.98	0.44	0.86	0.73	0.95	-0.88	0.9	0.98	0.66	0.05	0.96		1.0	0.97	0.84	0.96	0.96
Total Current Assets	0.99	0.52	0.95	1.0	0.96	0.97	-0.87	0.81	0.98	0.96	0.47	0.84	0.74	0.93	-0.88	0.87	0.97	0.63	0.05	0.94	1.0		0.99	0.82	0.94	0.95
Net Working Capital	0.96	0.52	0.89	0.98	0.91	0.92	-0.81	0.79	0.99	0.91	0.51	0.78	0.68	0.89	-0.87	0.81	0.93	0.53	0.1	0.88	0.97	0.99		0.77	0.89	0.89
Intangible Assets	0.85	0.02	0.85	0.83	0.8	0.79	-0.99	0.97	0.8	0.86	0.17	0.8	0.5	0.95	-0.67	0.84	0.86	0.8	-0.09	0.86	0.84	0.82	0.77		0.82	0.78
Common Stock	0.96	0.48	0.97	0.93	0.99	0.97	-0.9	0.78	0.9	0.96	0.34	0.83	0.74	0.91	-0.93	0.97	0.93	0.78	0.14	0.99	0.96	0.94	0.89	0.82		0.98
Property Plant Equipment	0.97	0.56	0.98	0.95	0.99	0.97	-0.86	0.74	0.9	0.98	0.4	0.84	0.78	0.91	-0.89	0.94	0.97	0.73	0.04	0.98	0.96	0.95	0.89	0.78	0.98

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Shanghai Junshi Account Relationship Matchups

Shanghai Junshi fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.4B	8.0B	11.1B	12.6B	11.4B	8.3B
Other Current Liab	145.1M	312.9M	305.8M	84.1M	7.5M	7.1M
Total Current Liabilities	578.2M	1.5B	2.0B	1.8B	2.5B	1.4B
Total Stockholder Equity	3.0B	5.8B	8.0B	9.5B	7.2B	6.0B
Other Liab	73.3M	83.5M	123.9M	134.0M	154.1M	100.4M
Net Tangible Assets	2.8B	5.7B	7.7B	6.2B	7.2B	4.9B
Retained Earnings	(2.0B)	(3.7B)	(4.4B)	(6.8B)	(9.0B)	(8.6B)
Accounts Payable	40.4M	55.7M	63.2M	281.6M	247.3M	259.6M
Cash	1.2B	3.4B	3.5B	6.0B	3.8B	3.3B
Non Current Assets Total	2.5B	3.3B	5.2B	5.4B	5.8B	3.8B
Non Currrent Assets Other	335.5M	297.7M	533.9M	351.2M	188.4M	359.9M
Other Assets	387.3M	365.3M	337.1M	638.7M	734.5M	455.5M
Long Term Debt	744.9M	542.2M	490M	839.6M	1.2B	660.7M
Net Receivables	172.9M	663.3M	1.3B	232.7M	479.7M	452.5M
Common Stock Shares Outstanding	784.1M	872.5M	910.8M	982.9M	985.7M	951.7M
Non Current Liabilities Total	828.5M	677.0M	701.9M	1.0B	1.5B	828.0M
Inventory	180.7M	343.4M	484.6M	599.0M	538.1M	349.6M
Other Current Assets	336.7M	283.0M	524.8M	91.3M	744.4M	781.6M
Other Stockholder Equity	21.7M	12.5M	(9.4M)	209.2K	188.3K	178.8K
Total Liab	1.4B	2.2B	2.7B	2.8B	4.0B	2.2B
Net Invested Capital	3.8B	6.6B	8.5B	10.7B	8.9B	6.8B
Short Long Term Debt	76.9M	252.3M	10.6M	391.8M	539.4M	566.4M
Total Current Assets	1.9B	4.7B	5.8B	7.2B	5.5B	4.5B
Net Working Capital	1.3B	3.2B	3.8B	5.4B	3.1B	3.1B
Intangible Assets	6.3M	31.0M	51.8M	110.5M	134.4M	141.1M
Common Stock	760.3M	784.1M	872.5M	910.8M	1.0B	860.7M
Property Plant Equipment	939.3M	1.9B	2.4B	2.8B	3.2B	1.8B
Capital Stock	784.1M	872.5M	910.8M	982.9M	985.7M	971.0M

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

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Shanghai Capital Expenditures vs Change To Netincome Analysis

Capital Expenditures vs Change To Netincome

Capital Expenditures vs Change To Netincome Correlation Analysis

Correlation Coefficient

Capital Expenditures

Change To Netincome

Shanghai Junshi fundamental ratios Correlations

Shanghai Junshi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Junshi fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Net Invested Capital
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Intangible Assets	- 0.99	Retained Earnings
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Accounts Payable	- 0.95	Retained Earnings
Common Stock	- 0.93	Short Term Investments
Total Liab	- 0.92	Retained Earnings
Non Current Assets Total	- 0.91	Retained Earnings