Shengfeng Reconciled Depreciation vs Operating Income Analysis

SFWL Stock   1.04  0.01  0.95%   
Shengfeng Development financial indicator trend analysis is much more than just breaking down Shengfeng Development prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shengfeng Development is a good investment. Please check the relationship between Shengfeng Development Reconciled Depreciation and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shengfeng Development Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Reconciled Depreciation vs Operating Income

Reconciled Depreciation vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shengfeng Development Reconciled Depreciation account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shengfeng Development's Reconciled Depreciation and Operating Income is 0.85. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shengfeng Development Limited, assuming nothing else is changed. The correlation between historical values of Shengfeng Development's Reconciled Depreciation and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Shengfeng Development Limited are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Reconciled Depreciation i.e., Shengfeng Development's Reconciled Depreciation and Operating Income go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Reconciled Depreciation

Operating Income

Operating Income is the amount of profit realized from Shengfeng Development operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shengfeng Development Limited is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Shengfeng Development's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shengfeng Development 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shengfeng Development Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Shengfeng Development's Enterprise Value is quite stable compared to the past year.
 2021 2022 2023 2024 (projected)
Interest Expense2.3M2.2M1.8M2.1M
Depreciation And Amortization14.4M16.7M15.2M15.5M

Shengfeng Development fundamental ratios Correlations

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0.430.640.00.50.30.390.380.420.530.750.290.490.290.320.46-0.020.290.470.130.320.55-0.180.50.480.65
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0.680.320.830.630.780.690.670.340.5-0.330.850.640.680.650.610.230.680.69-0.760.27-0.180.540.610.680.45
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0.910.970.560.950.790.870.80.820.890.630.780.920.770.860.9-0.120.770.89-0.440.760.650.950.450.950.91
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Shengfeng Development Account Relationship Matchups

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When determining whether Shengfeng Development is a strong investment it is important to analyze Shengfeng Development's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shengfeng Development's future performance. For an informed investment choice regarding Shengfeng Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shengfeng Development Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shengfeng Development. If investors know Shengfeng will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shengfeng Development listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
0.11
Revenue Per Share
5.411
Quarterly Revenue Growth
0.228
Return On Assets
0.0304
The market value of Shengfeng Development is measured differently than its book value, which is the value of Shengfeng that is recorded on the company's balance sheet. Investors also form their own opinion of Shengfeng Development's value that differs from its market value or its book value, called intrinsic value, which is Shengfeng Development's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shengfeng Development's market value can be influenced by many factors that don't directly affect Shengfeng Development's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shengfeng Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shengfeng Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shengfeng Development's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.