Shenzhen Net Tangible Assets vs Net Receivables Analysis

000042 Stock

5.32 0.13 2.50%

Shenzhen Centralcon financial indicator trend analysis is much more than just breaking down Shenzhen Centralcon prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Centralcon is a good investment. Please check the relationship between Shenzhen Centralcon Net Tangible Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Centralcon Investment. 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.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Centralcon Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Shenzhen Centralcon's Net Tangible Assets and Net Receivables is -0.46. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shenzhen Centralcon Investment, assuming nothing else is changed. The correlation between historical values of Shenzhen Centralcon's Net Tangible Assets and Net Receivables 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 Shenzhen Centralcon Investment are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., Shenzhen Centralcon's Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Net Receivables

Most indicators from Shenzhen Centralcon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Centralcon 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 Shenzhen Centralcon Investment. 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.

As of November 29, 2024, Selling General Administrative is expected to decline to about 327.5 M. In addition to that, Tax Provision is expected to decline to about 454 M

	2021	2022	2023	2024 (projected)
Operating Income	1.2B	1.0B	1.0B	1.1B
Total Revenue	8.7B	7.1B	7.6B	4.5B

Operating Income Total Revenue

Shenzhen Centralcon fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt	Non Current Assets Total
Total Assets		0.96	-0.44	0.88	0.94	0.79	0.67	0.94	0.99	1.0	-0.62	0.89	-0.05	0.58	0.83	0.65	-0.08	0.59	0.35	-0.76	0.85	0.36	0.86	0.0	0.48	0.76
Total Stockholder Equity	0.96		-0.48	0.95	0.94	0.68	0.73	0.94	0.95	0.94	-0.68	0.88	0.0	0.48	0.7	0.68	-0.18	0.52	0.25	-0.74	0.8	0.19	0.77	-0.02	0.33	0.7
Other Liab	-0.44	-0.48		-0.31	-0.44	-0.36	-0.53	-0.41	-0.36	-0.43	0.25	-0.4	0.33	-0.16	-0.42	-0.44	0.02	-0.39	-0.19	0.46	-0.43	-0.08	-0.45	-0.17	-0.17	-0.43
Retained Earnings	0.88	0.95	-0.31		0.9	0.61	0.65	0.92	0.9	0.86	-0.74	0.72	0.05	0.47	0.64	0.63	-0.26	0.4	0.15	-0.69	0.74	0.09	0.76	-0.14	0.23	0.64
Accounts Payable	0.94	0.94	-0.44	0.9		0.68	0.7	0.96	0.96	0.93	-0.64	0.88	-0.12	0.43	0.67	0.66	-0.2	0.36	0.11	-0.71	0.77	0.18	0.77	0.0	0.32	0.65
Cash	0.79	0.68	-0.36	0.61	0.68		0.22	0.76	0.73	0.8	-0.14	0.6	0.18	0.82	0.72	0.13	0.21	0.49	0.48	-0.33	0.48	0.55	0.69	-0.35	0.54	0.39
Other Assets	0.67	0.73	-0.53	0.65	0.7	0.22		0.65	0.68	0.66	-0.87	0.69	-0.14	-0.12	0.58	0.89	-0.36	0.42	0.01	-0.89	0.77	0.0	0.67	0.56	0.21	0.81
Long Term Debt	0.94	0.94	-0.41	0.92	0.96	0.76	0.65		0.95	0.93	-0.61	0.84	-0.02	0.5	0.7	0.58	-0.24	0.38	0.11	-0.72	0.75	0.33	0.8	-0.11	0.46	0.66
Inventory	0.99	0.95	-0.36	0.9	0.96	0.73	0.68	0.95		0.98	-0.65	0.89	-0.06	0.52	0.77	0.67	-0.15	0.47	0.22	-0.77	0.86	0.35	0.83	0.02	0.48	0.75
Total Liab	1.0	0.94	-0.43	0.86	0.93	0.8	0.66	0.93	0.98		-0.6	0.89	-0.05	0.59	0.84	0.64	-0.07	0.6	0.37	-0.76	0.85	0.38	0.86	0.01	0.5	0.76
Intangible Assets	-0.62	-0.68	0.25	-0.74	-0.64	-0.14	-0.87	-0.61	-0.65	-0.6		-0.52	0.15	0.05	-0.55	-0.91	0.45	-0.41	-0.04	0.84	-0.78	0.19	-0.68	-0.44	-0.02	-0.77
Common Stock	0.89	0.88	-0.4	0.72	0.88	0.6	0.69	0.84	0.89	0.89	-0.52		0.02	0.3	0.55	0.64	-0.13	0.45	0.2	-0.67	0.71	0.26	0.59	0.22	0.38	0.59
Property Plant Equipment	-0.05	0.0	0.33	0.05	-0.12	0.18	-0.14	-0.02	-0.06	-0.05	0.15	0.02		0.09	-0.18	-0.36	0.24	-0.12	0.03	0.32	-0.28	0.18	-0.25	-0.15	0.09	-0.31
Other Current Liab	0.58	0.48	-0.16	0.47	0.43	0.82	-0.12	0.5	0.52	0.59	0.05	0.3	0.09		0.62	-0.09	0.45	0.49	0.65	-0.06	0.3	0.38	0.53	-0.66	0.32	0.21
Total Current Liabilities	0.83	0.7	-0.42	0.64	0.67	0.72	0.58	0.7	0.77	0.84	-0.55	0.55	-0.18	0.62		0.54	0.1	0.73	0.55	-0.72	0.79	0.4	0.97	-0.01	0.5	0.86
Net Tangible Assets	0.65	0.68	-0.44	0.63	0.66	0.13	0.89	0.58	0.67	0.64	-0.91	0.64	-0.36	-0.09	0.54		-0.46	0.47	0.08	-0.9	0.87	-0.11	0.64	0.61	0.11	0.8
Net Receivables	-0.08	-0.18	0.02	-0.26	-0.2	0.21	-0.36	-0.24	-0.15	-0.07	0.45	-0.13	0.24	0.45	0.1	-0.46		0.15	0.51	0.46	-0.35	0.01	-0.08	-0.31	-0.12	-0.28
Other Current Assets	0.59	0.52	-0.39	0.4	0.36	0.49	0.42	0.38	0.47	0.6	-0.41	0.45	-0.12	0.49	0.73	0.47	0.15		0.86	-0.49	0.56	0.09	0.64	0.11	0.13	0.59
Other Stockholder Equity	0.35	0.25	-0.19	0.15	0.11	0.48	0.01	0.11	0.22	0.37	-0.04	0.2	0.03	0.65	0.55	0.08	0.51	0.86		-0.05	0.23	0.01	0.39	-0.14	-0.04	0.23
Deferred Long Term Liab	-0.76	-0.74	0.46	-0.69	-0.71	-0.33	-0.89	-0.72	-0.77	-0.76	0.84	-0.67	0.32	-0.06	-0.72	-0.9	0.46	-0.49	-0.05		-0.93	-0.26	-0.81	-0.44	-0.47	-0.95
Long Term Investments	0.85	0.8	-0.43	0.74	0.77	0.48	0.77	0.75	0.86	0.85	-0.78	0.71	-0.28	0.3	0.79	0.87	-0.35	0.56	0.23	-0.93		0.3	0.85	0.33	0.47	0.92
Short Long Term Debt	0.36	0.19	-0.08	0.09	0.18	0.55	0.0	0.33	0.35	0.38	0.19	0.26	0.18	0.38	0.4	-0.11	0.01	0.09	0.01	-0.26	0.3		0.32	-0.14	0.97	0.31
Total Current Assets	0.86	0.77	-0.45	0.76	0.77	0.69	0.67	0.8	0.83	0.86	-0.68	0.59	-0.25	0.53	0.97	0.64	-0.08	0.64	0.39	-0.81	0.85	0.32		0.02	0.46	0.89
Treasury Stock	0.0	-0.02	-0.17	-0.14	0.0	-0.35	0.56	-0.11	0.02	0.01	-0.44	0.22	-0.15	-0.66	-0.01	0.61	-0.31	0.11	-0.14	-0.44	0.33	-0.14	0.02		0.0	0.33
Short Term Debt	0.48	0.33	-0.17	0.23	0.32	0.54	0.21	0.46	0.48	0.5	-0.02	0.38	0.09	0.32	0.5	0.11	-0.12	0.13	-0.04	-0.47	0.47	0.97	0.46	0.0		0.49
Non Current Assets Total	0.76	0.7	-0.43	0.64	0.65	0.39	0.81	0.66	0.75	0.76	-0.77	0.59	-0.31	0.21	0.86	0.8	-0.28	0.59	0.23	-0.95	0.92	0.31	0.89	0.33	0.49

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Shenzhen Centralcon Account Relationship Matchups

Shenzhen Centralcon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.1B	44.4B	41.4B	36.7B	30.9B	19.9B
Total Stockholder Equity	7.6B	7.9B	8.0B	8.1B	5.7B	4.2B
Other Liab	413.3M	584.9M	434.4M	513.1M	461.8M	438.7M
Retained Earnings	4.3B	4.8B	4.9B	4.4B	2.6B	2.3B
Accounts Payable	4.1B	4.6B	3.8B	3.2B	2.6B	1.7B
Cash	4.0B	5.1B	3.6B	960.2M	834.6M	792.9M
Other Assets	3.8B	3.8B	3.8B	4.2B	4.9B	5.1B
Long Term Debt	10.6B	13.5B	13.6B	9.4B	5.9B	5.0B
Inventory	32.5B	30.9B	28.5B	26.1B	21.7B	12.9B
Total Liab	37.1B	36.2B	33.2B	28.5B	25.4B	15.6B
Intangible Assets	2.7M	1.6M	1.4M	2.1M	1.7M	1.6M
Property Plant Equipment	1.1B	1.1B	1.1B	1.0B	1.2B	1.0B
Other Current Liab	14.1B	10.9B	10.2B	7.7B	425.4M	404.1M
Total Current Liabilities	24.6B	21.7B	18.6B	18.0B	14.5B	21.6B
Net Tangible Assets	7.6B	7.9B	8.0B	8.1B	9.3B	7.8B
Net Receivables	923.4M	121.3M	183.8M	172.9M	230.0M	367.1M
Other Current Assets	1.2B	1.7B	2.0B	2.4B	1.9B	2.4B
Other Stockholder Equity	(10.4M)	531.7M	74.6M	(12.9M)	(11.6M)	(11.1M)
Deferred Long Term Liab	35.5M	29.4M	21.5M	10.5M	9.4M	9.0M
Short Long Term Debt	3.5B	492M	160.2M	100.1M	90.1M	85.6M
Total Current Assets	39.5B	39.1B	36.0B	31.0B	25.5B	36.0B
Non Current Assets Total	5.6B	5.4B	5.4B	5.7B	5.4B	6.0B
Non Currrent Assets Other	(28.3K)	5.6B	52.5M	44.8M	51.5M	48.9M
Non Current Liabilities Total	12.6B	14.6B	14.6B	10.5B	10.8B	12.9B
Non Current Liabilities Other	1.7B	582.2M	609.4M	630.0M	4.4B	4.6B
Net Debt	6.6B	8.5B	10.1B	8.4B	5.1B	8.0B
Net Invested Capital	18.1B	21.5B	21.8B	17.5B	11.7B	14.6B
Net Working Capital	14.9B	17.4B	17.4B	13.0B	11.0B	11.4B

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Centralcon at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Centralcon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Centralcon 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.

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Shenzhen Net Tangible Assets vs Net Receivables Analysis

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Net Receivables

Shenzhen Centralcon fundamental ratios Correlations

Shenzhen Centralcon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Centralcon fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Inventory	+ 0.99	Total Assets
Total Liab	+ 0.98	Inventory
Total Current Assets	+ 0.97	Total Current Liabilities
Short Term Debt	+ 0.97	Short Long Term Debt
Total Stockholder Equity	+ 0.96	Total Assets

Non Current Assets Total	- 0.95	Deferred Long Term Liab
Long Term Investments	- 0.93	Deferred Long Term Liab
Net Tangible Assets	- 0.91	Intangible Assets
Deferred Long Term Liab	- 0.9	Net Tangible Assets
Deferred Long Term Liab	- 0.89	Other Assets
Intangible Assets	- 0.87	Other Assets