Shenzhen Treasury Stock vs Inventory 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 Treasury Stock and its Inventory 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.

Treasury Stock vs Inventory

Treasury Stock vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Centralcon Treasury Stock account and Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Shenzhen Centralcon's Treasury Stock and Inventory is 0.02. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Inventory 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 Treasury Stock and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Shenzhen Centralcon Investment are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Treasury Stock i.e., Shenzhen Centralcon's Treasury Stock and Inventory go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Treasury Stock

Inventory

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 Income1.2B1.0B1.0B1.1B
Total Revenue8.7B7.1B7.6B4.5B

Shenzhen Centralcon fundamental ratios Correlations

0.96-0.440.880.940.790.670.940.991.0-0.620.89-0.050.580.830.65-0.080.590.35-0.760.850.360.860.00.480.76
0.96-0.480.950.940.680.730.940.950.94-0.680.880.00.480.70.68-0.180.520.25-0.740.80.190.77-0.020.330.7
-0.44-0.48-0.31-0.44-0.36-0.53-0.41-0.36-0.430.25-0.40.33-0.16-0.42-0.440.02-0.39-0.190.46-0.43-0.08-0.45-0.17-0.17-0.43
0.880.95-0.310.90.610.650.920.90.86-0.740.720.050.470.640.63-0.260.40.15-0.690.740.090.76-0.140.230.64
0.940.94-0.440.90.680.70.960.960.93-0.640.88-0.120.430.670.66-0.20.360.11-0.710.770.180.770.00.320.65
0.790.68-0.360.610.680.220.760.730.8-0.140.60.180.820.720.130.210.490.48-0.330.480.550.69-0.350.540.39
0.670.73-0.530.650.70.220.650.680.66-0.870.69-0.14-0.120.580.89-0.360.420.01-0.890.770.00.670.560.210.81
0.940.94-0.410.920.960.760.650.950.93-0.610.84-0.020.50.70.58-0.240.380.11-0.720.750.330.8-0.110.460.66
0.990.95-0.360.90.960.730.680.950.98-0.650.89-0.060.520.770.67-0.150.470.22-0.770.860.350.830.020.480.75
1.00.94-0.430.860.930.80.660.930.98-0.60.89-0.050.590.840.64-0.070.60.37-0.760.850.380.860.010.50.76
-0.62-0.680.25-0.74-0.64-0.14-0.87-0.61-0.65-0.6-0.520.150.05-0.55-0.910.45-0.41-0.040.84-0.780.19-0.68-0.44-0.02-0.77
0.890.88-0.40.720.880.60.690.840.890.89-0.520.020.30.550.64-0.130.450.2-0.670.710.260.590.220.380.59
-0.050.00.330.05-0.120.18-0.14-0.02-0.06-0.050.150.020.09-0.18-0.360.24-0.120.030.32-0.280.18-0.25-0.150.09-0.31
0.580.48-0.160.470.430.82-0.120.50.520.590.050.30.090.62-0.090.450.490.65-0.060.30.380.53-0.660.320.21
0.830.7-0.420.640.670.720.580.70.770.84-0.550.55-0.180.620.540.10.730.55-0.720.790.40.97-0.010.50.86
0.650.68-0.440.630.660.130.890.580.670.64-0.910.64-0.36-0.090.54-0.460.470.08-0.90.87-0.110.640.610.110.8
-0.08-0.180.02-0.26-0.20.21-0.36-0.24-0.15-0.070.45-0.130.240.450.1-0.460.150.510.46-0.350.01-0.08-0.31-0.12-0.28
0.590.52-0.390.40.360.490.420.380.470.6-0.410.45-0.120.490.730.470.150.86-0.490.560.090.640.110.130.59
0.350.25-0.190.150.110.480.010.110.220.37-0.040.20.030.650.550.080.510.86-0.050.230.010.39-0.14-0.040.23
-0.76-0.740.46-0.69-0.71-0.33-0.89-0.72-0.77-0.760.84-0.670.32-0.06-0.72-0.90.46-0.49-0.05-0.93-0.26-0.81-0.44-0.47-0.95
0.850.8-0.430.740.770.480.770.750.860.85-0.780.71-0.280.30.790.87-0.350.560.23-0.930.30.850.330.470.92
0.360.19-0.080.090.180.550.00.330.350.380.190.260.180.380.4-0.110.010.090.01-0.260.30.32-0.140.970.31
0.860.77-0.450.760.770.690.670.80.830.86-0.680.59-0.250.530.970.64-0.080.640.39-0.810.850.320.020.460.89
0.0-0.02-0.17-0.140.0-0.350.56-0.110.020.01-0.440.22-0.15-0.66-0.010.61-0.310.11-0.14-0.440.33-0.140.020.00.33
0.480.33-0.170.230.320.540.210.460.480.5-0.020.380.090.320.50.11-0.120.13-0.04-0.470.470.970.460.00.49
0.760.7-0.430.640.650.390.810.660.750.76-0.770.59-0.310.210.860.8-0.280.590.23-0.950.920.310.890.330.49
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Shenzhen Centralcon Account Relationship Matchups

Shenzhen Centralcon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets45.1B44.4B41.4B36.7B30.9B19.9B
Total Stockholder Equity7.6B7.9B8.0B8.1B5.7B4.2B
Other Liab413.3M584.9M434.4M513.1M461.8M438.7M
Retained Earnings4.3B4.8B4.9B4.4B2.6B2.3B
Accounts Payable4.1B4.6B3.8B3.2B2.6B1.7B
Cash4.0B5.1B3.6B960.2M834.6M792.9M
Other Assets3.8B3.8B3.8B4.2B4.9B5.1B
Long Term Debt10.6B13.5B13.6B9.4B5.9B5.0B
Inventory32.5B30.9B28.5B26.1B21.7B12.9B
Total Liab37.1B36.2B33.2B28.5B25.4B15.6B
Intangible Assets2.7M1.6M1.4M2.1M1.7M1.6M
Property Plant Equipment1.1B1.1B1.1B1.0B1.2B1.0B
Other Current Liab14.1B10.9B10.2B7.7B425.4M404.1M
Total Current Liabilities24.6B21.7B18.6B18.0B14.5B21.6B
Net Tangible Assets7.6B7.9B8.0B8.1B9.3B7.8B
Net Receivables923.4M121.3M183.8M172.9M230.0M367.1M
Other Current Assets1.2B1.7B2.0B2.4B1.9B2.4B
Other Stockholder Equity(10.4M)531.7M74.6M(12.9M)(11.6M)(11.1M)
Deferred Long Term Liab35.5M29.4M21.5M10.5M9.4M9.0M
Short Long Term Debt3.5B492M160.2M100.1M90.1M85.6M
Total Current Assets39.5B39.1B36.0B31.0B25.5B36.0B
Non Current Assets Total5.6B5.4B5.4B5.7B5.4B6.0B
Non Currrent Assets Other(28.3K)5.6B52.5M44.8M51.5M48.9M
Non Current Liabilities Total12.6B14.6B14.6B10.5B10.8B12.9B
Non Current Liabilities Other1.7B582.2M609.4M630.0M4.4B4.6B
Net Debt6.6B8.5B10.1B8.4B5.1B8.0B
Net Invested Capital18.1B21.5B21.8B17.5B11.7B14.6B
Net Working Capital14.9B17.4B17.4B13.0B11.0B11.4B

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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.