Shengfeng Total Stockholder Equity vs Intangible Assets 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 Total Stockholder Equity and its Intangible Assets 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.

Total Stockholder Equity vs Intangible Assets

Total Stockholder Equity vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shengfeng Development Total Stockholder Equity account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shengfeng Development's Total Stockholder Equity and Intangible Assets is 0.69. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Intangible Assets 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 Total Stockholder Equity and Intangible Assets 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 Stockholder Equity of Shengfeng Development Limited are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Stockholder Equity i.e., Shengfeng Development's Total Stockholder Equity and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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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0.970.70.880.940.990.970.710.950.380.920.970.740.930.980.380.740.98-0.310.60.380.930.670.940.960.8
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0.440.73-0.050.490.270.360.380.720.550.170.480.090.480.490.00.090.40.180.710.750.6-0.330.520.40.63
0.930.680.840.90.970.910.920.680.810.170.920.740.90.890.350.740.94-0.620.570.290.870.850.890.930.78
1.00.840.80.990.960.980.970.790.970.480.920.80.950.990.20.80.99-0.410.70.490.980.640.990.990.92
0.80.620.810.830.770.860.740.370.790.090.740.80.660.79-0.251.00.82-0.40.290.290.720.680.810.850.77
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0.2-0.150.290.090.350.160.380.190.150.00.350.2-0.250.270.2-0.250.220.10.09-0.020.170.230.090.16-0.12
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-0.45-0.45-0.33-0.43-0.45-0.37-0.31-0.45-0.190.18-0.62-0.41-0.4-0.49-0.340.1-0.4-0.41-0.450.13-0.41-0.76-0.44-0.42-0.44
0.710.860.30.70.60.60.60.980.640.710.570.70.290.840.70.090.290.62-0.450.320.80.270.740.620.76
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
0.990.890.761.00.940.970.940.820.960.520.890.990.810.950.990.090.810.98-0.440.740.50.990.610.980.95
0.990.810.840.990.960.990.960.720.960.40.930.990.850.920.990.160.851.0-0.420.620.480.960.680.980.91
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
Click cells to compare fundamentals

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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.