So Young Net Tangible Assets vs Long Term Investments Analysis

SY Stock  USD 0.83  0.01  1.22%   
So Young financial indicator trend analysis is much more than just breaking down So Young International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether So Young International is a good investment. Please check the relationship between So Young Net Tangible Assets and its Long Term Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Net Tangible Assets vs Long Term Investments

Net Tangible Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of So Young International Net Tangible Assets account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between So Young's Net Tangible Assets and Long Term Investments is 0.79. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of So Young International, assuming nothing else is changed. The correlation between historical values of So Young's Net Tangible Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of So Young International are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Net Tangible Assets i.e., So Young's Net Tangible Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Long Term Investments

Long Term Investments is an item on the asset side of So Young balance sheet that represents investments So Young International intends to hold for over a year. So Young International long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from So Young's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into So Young International 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 So Young International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that Tax Provision is likely to grow to (9.2 M).
 2021 2022 2023 2024 (projected)
Interest Income19.3M28.9M48.3M26.5M
Net Interest Income19.3M28.9M48.3M26.5M

So Young fundamental ratios Correlations

0.810.980.990.95-0.760.890.810.920.960.410.850.790.990.990.880.960.980.960.960.83-0.540.990.890.92
0.810.890.780.68-0.640.80.750.620.890.470.430.730.80.870.940.670.80.810.810.8-0.590.780.530.79
0.980.890.960.89-0.770.930.80.880.970.380.760.770.981.00.910.920.970.950.940.85-0.620.970.830.9
0.990.780.960.95-0.760.860.790.930.940.460.870.781.00.970.850.960.980.960.950.82-0.541.00.910.91
0.950.680.890.95-0.550.80.70.910.890.550.890.730.930.910.790.930.870.950.940.69-0.520.940.920.88
-0.76-0.64-0.77-0.76-0.55-0.65-0.81-0.68-0.740.01-0.64-0.69-0.8-0.75-0.66-0.71-0.87-0.63-0.66-0.860.19-0.79-0.62-0.72
0.890.80.930.860.8-0.650.590.90.860.210.740.550.880.920.720.910.860.820.80.69-0.770.880.840.75
0.810.750.80.790.7-0.810.590.610.830.380.560.970.80.790.860.670.830.790.840.84-0.060.820.580.94
0.920.620.880.930.91-0.680.90.610.840.240.960.560.930.90.641.00.90.830.810.69-0.590.930.990.78
0.960.890.970.940.89-0.740.860.830.840.410.740.80.950.980.930.880.940.950.950.91-0.510.950.790.9
0.410.470.380.460.550.010.210.380.240.410.220.550.40.410.570.280.310.560.550.23-0.290.410.310.54
0.850.430.760.870.89-0.640.740.560.960.740.220.520.860.790.520.950.840.750.740.63-0.40.870.980.71
0.790.730.770.780.73-0.690.550.970.560.80.550.520.770.780.870.630.770.820.870.76-0.080.80.560.95
0.990.80.981.00.93-0.80.880.80.930.950.40.860.770.980.860.960.990.950.940.85-0.541.00.90.9
0.990.871.00.970.91-0.750.920.790.90.980.410.790.780.980.90.930.960.960.960.85-0.610.980.850.91
0.880.940.910.850.79-0.660.720.860.640.930.570.520.870.860.90.710.850.920.920.83-0.440.850.580.89
0.960.670.920.960.93-0.710.910.671.00.880.280.950.630.960.930.710.930.870.860.74-0.580.960.980.82
0.980.80.970.980.87-0.870.860.830.90.940.310.840.770.990.960.850.930.910.910.89-0.490.980.860.88
0.960.810.950.960.95-0.630.820.790.830.950.560.750.820.950.960.920.870.910.990.78-0.540.950.80.92
0.960.810.940.950.94-0.660.80.840.810.950.550.740.870.940.960.920.860.910.990.81-0.460.950.790.95
0.830.80.850.820.69-0.860.690.840.690.910.230.630.760.850.850.830.740.890.780.81-0.270.840.630.79
-0.54-0.59-0.62-0.54-0.520.19-0.77-0.06-0.59-0.51-0.29-0.4-0.08-0.54-0.61-0.44-0.58-0.49-0.54-0.46-0.27-0.51-0.53-0.31
0.990.780.971.00.94-0.790.880.820.930.950.410.870.81.00.980.850.960.980.950.950.84-0.510.910.92
0.890.530.830.910.92-0.620.840.580.990.790.310.980.560.90.850.580.980.860.80.790.63-0.530.910.77
0.920.790.90.910.88-0.720.750.940.780.90.540.710.950.90.910.890.820.880.920.950.79-0.310.920.77
Click cells to compare fundamentals

So Young Account Relationship Matchups

So Young fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.3B3.3B3.2B3.2B2.5B
Short Long Term Debt Total158.6M132.5M105.9M71.3M145.8M84.4M
Other Current Liab1.8M471.3M620.3M413.2M413.4M302.2M
Total Current Liabilities466.5M570.9M712.4M538.0M540.4M457.4M
Total Stockholder Equity2.6B2.6B2.4B2.5B2.4B1.9B
Net Tangible Assets2.6B2.5B1.7B1.8B2.1B1.2B
Retained Earnings(259.3M)(254.2M)(272.4M)(346.6M)(330.2M)(346.7M)
Accounts Payable333.2M386.5M518.4M13.2M10.6M10.0M
Cash884.7M1.1B1.3B694.4M426.1M754.4M
Non Current Assets Total272.9M496.0M1.3B1.3B1.5B1.6B
Non Currrent Assets Other14.2M15.9M48.1M99.3M310.5M326.0M
Other Assets50.1M71.4M95.6M164.0M188.6M198.1M
Cash And Short Term Investments2.8B2.7B1.7B1.6B1.3B1.6B
Net Receivables45.4M69.1M73.7M50.8M80.4M49.8M
Common Stock Total Equity83K72K258K261K300.2K315.2K
Common Stock Shares Outstanding31.9M82.3M108.9M106.2M101.5M90.5M
Short Term Investments1.9B1.5B408.9M876.0M900.8M877.3M
Liabilities And Stockholders Equity3.2B3.3B3.3B3.2B3.2B2.5B
Non Current Liabilities Total120.8M101.6M100.9M52.0M112.8M108.3M
Capital Lease Obligations158.6M132.5M105.9M71.3M115.9M80.3M
Inventory16.5M21.9M91.8M120.5M118.9M124.9M
Other Current Assets67.6M72.8M121.0M175.2M195.7M205.5M
Other Stockholder Equity2.8B2.9B2.8B2.8B2.7B2.1B
Total Liab587.3M672.4M813.3M590.0M653.3M524.5M
Long Term Investments46.0M166.1M252.5M228.0M261.0M133.9M
Property Plant And Equipment Gross176.8M150.0M220.2M179.1M307.5M322.9M
Total Current Assets3.0B2.8B2.0B1.9B1.7B1.8B
Accumulated Other Comprehensive Income102.3M(41.9M)(63.6M)33.1M52.0M54.6M
Short Term Debt37.8M39.5M43.5M50.3M59.6M31.7M
Intangible Assets726K60.0M194.0M169.3M145.3M78.3M
Common Stock258K261K267K273K275K236.8K
Property Plant Equipment176.8M150.0M220.2M179.1M205.9M115.0M
Property Plant And Equipment Net176.8M150.0M220.2M179.1M235.2M151.7M
Current Deferred Revenue93.7M135.4M139.2M110.2M195.2M136.7M
Net Debt(726.1M)(994.5M)(1.2B)(623.2M)(280.3M)(294.4M)
Net Invested Capital2.6B2.6B2.4B2.5B2.5B2.1B
Net Working Capital2.5B2.2B1.3B1.4B1.2B1.6B
Capital Stock258K261K267K273K275K285.3K

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