Shenzhen Total Operating Expenses vs Ebitda Analysis

000061 Stock

7.77 0.05 0.65%

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

Total Operating Expenses vs Ebitda

Total Operating Expenses vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Agricultural Total Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shenzhen Agricultural's Total Operating Expenses and Ebitda is 0.78. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebitda in the same time period over historical financial statements of Shenzhen Agricultural Products, assuming nothing else is changed. The correlation between historical values of Shenzhen Agricultural's Total Operating Expenses and Ebitda 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 Operating Expenses of Shenzhen Agricultural Products are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Operating Expenses i.e., Shenzhen Agricultural's Total Operating Expenses and Ebitda go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Ebitda

Most indicators from Shenzhen Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Agricultural 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 Agricultural Products. 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 December 12, 2024, Selling General Administrative is expected to decline to about 310.9 M. In addition to that, Tax Provision is expected to decline to about 202.9 M

	2021	2022	2023	2024 (projected)
Operating Income	688.2M	654.1M	790.0M	829.5M
Total Revenue	4.1B	4.4B	5.5B	5.8B

Operating Income Total Revenue

Shenzhen Agricultural fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.2	0.98	0.94	0.82	0.58	0.67	0.61	0.8	0.82	-0.04	0.67	-0.01	0.99	0.6	0.88	0.2	-0.36	-0.78	0.72	0.34	0.67	0.53	-0.66	0.44	0.6
Other Current Liab	0.2		0.25	0.19	-0.24	-0.16	-0.42	0.39	-0.23	0.16	0.29	-0.3	0.24	0.19	0.12	0.21	0.18	0.56	0.2	-0.28	-0.27	-0.13	-0.4	0.18	0.56	-0.33
Total Current Liabilities	0.98	0.25		0.93	0.76	0.61	0.65	0.64	0.73	0.71	-0.02	0.65	-0.01	0.96	0.57	0.87	0.33	-0.36	-0.74	0.69	0.31	0.61	0.53	-0.63	0.38	0.57
Total Stockholder Equity	0.94	0.19	0.93		0.69	0.6	0.59	0.56	0.65	0.66	0.02	0.53	0.21	0.89	0.56	0.94	0.44	-0.34	-0.63	0.63	0.27	0.52	0.47	-0.54	0.33	0.47
Other Liab	0.82	-0.24	0.76	0.69		0.7	0.93	0.47	0.99	0.75	-0.21	0.92	-0.17	0.84	0.45	0.57	-0.09	-0.7	-0.93	0.85	0.5	0.83	0.79	-0.84	0.1	0.87
Retained Earnings	0.58	-0.16	0.61	0.6	0.7		0.81	0.33	0.66	0.19	-0.48	0.77	0.2	0.56	0.08	0.39	0.45	-0.86	-0.56	0.83	0.31	0.53	0.91	-0.73	-0.15	0.68
Accounts Payable	0.67	-0.42	0.65	0.59	0.93	0.81		0.26	0.91	0.51	-0.36	0.94	-0.2	0.69	0.35	0.44	0.03	-0.84	-0.88	0.87	0.57	0.68	0.89	-0.78	-0.13	0.81
Cash	0.61	0.39	0.64	0.56	0.47	0.33	0.26		0.46	0.54	0.33	0.28	0.24	0.61	0.1	0.53	0.21	-0.2	-0.36	0.33	0.28	0.5	0.23	-0.45	0.38	0.38
Other Assets	0.8	-0.23	0.73	0.65	0.99	0.66	0.91	0.46		0.78	-0.22	0.9	-0.21	0.83	0.42	0.54	-0.17	-0.67	-0.93	0.84	0.53	0.84	0.75	-0.82	0.11	0.85
Long Term Debt	0.82	0.16	0.71	0.66	0.75	0.19	0.51	0.54	0.78		0.18	0.52	-0.25	0.85	0.66	0.66	-0.32	-0.12	-0.77	0.47	0.35	0.64	0.24	-0.48	0.52	0.48
Net Receivables	-0.04	0.29	-0.02	0.02	-0.21	-0.48	-0.36	0.33	-0.22	0.18		-0.5	-0.07	-0.06	0.32	0.22	-0.02	0.52	0.17	-0.58	0.11	-0.3	-0.6	0.46	0.03	-0.39
Inventory	0.67	-0.3	0.65	0.53	0.92	0.77	0.94	0.28	0.9	0.52	-0.5		-0.2	0.71	0.29	0.35	-0.08	-0.79	-0.89	0.89	0.4	0.78	0.89	-0.87	0.03	0.87
Other Current Assets	-0.01	0.24	-0.01	0.21	-0.17	0.2	-0.2	0.24	-0.21	-0.25	-0.07	-0.2		-0.09	-0.48	0.16	0.6	-0.03	0.33	-0.02	-0.22	-0.09	0.04	-0.01	0.04	-0.09
Total Liab	0.99	0.19	0.96	0.89	0.84	0.56	0.69	0.61	0.83	0.85	-0.06	0.71	-0.09		0.6	0.83	0.11	-0.36	-0.82	0.74	0.36	0.7	0.54	-0.68	0.47	0.63
Intangible Assets	0.6	0.12	0.57	0.56	0.45	0.08	0.35	0.1	0.42	0.66	0.32	0.29	-0.48	0.6		0.59	-0.15	0.04	-0.56	0.15	0.13	0.24	0.03	-0.15	0.26	0.17
Common Stock	0.88	0.21	0.87	0.94	0.57	0.39	0.44	0.53	0.54	0.66	0.22	0.35	0.16	0.83	0.59		0.44	-0.16	-0.54	0.44	0.23	0.39	0.27	-0.36	0.31	0.33
Property Plant Equipment	0.2	0.18	0.33	0.44	-0.09	0.45	0.03	0.21	-0.17	-0.32	-0.02	-0.08	0.6	0.11	-0.15	0.44		-0.16	0.19	0.12	-0.11	-0.23	0.19	0.03	-0.12	-0.08
Good Will	-0.36	0.56	-0.36	-0.34	-0.7	-0.86	-0.84	-0.2	-0.67	-0.12	0.52	-0.79	-0.03	-0.36	0.04	-0.16	-0.16		0.56	-0.81	-0.42	-0.63	-0.92	0.77	0.36	-0.74
Short Term Investments	-0.78	0.2	-0.74	-0.63	-0.93	-0.56	-0.88	-0.36	-0.93	-0.77	0.17	-0.89	0.33	-0.82	-0.56	-0.54	0.19	0.56		-0.73	-0.48	-0.72	-0.64	0.69	-0.11	-0.71
Net Tangible Assets	0.72	-0.28	0.69	0.63	0.85	0.83	0.87	0.33	0.84	0.47	-0.58	0.89	-0.02	0.74	0.15	0.44	0.12	-0.81	-0.73		0.46	0.78	0.91	-0.89	0.12	0.82
Other Stockholder Equity	0.34	-0.27	0.31	0.27	0.5	0.31	0.57	0.28	0.53	0.35	0.11	0.4	-0.22	0.36	0.13	0.23	-0.11	-0.42	-0.48	0.46		0.43	0.39	-0.42	-0.16	0.29
Deferred Long Term Liab	0.67	-0.13	0.61	0.52	0.83	0.53	0.68	0.5	0.84	0.64	-0.3	0.78	-0.09	0.7	0.24	0.39	-0.23	-0.63	-0.72	0.78	0.43		0.66	-0.94	0.13	0.82
Non Current Assets Total	0.53	-0.4	0.53	0.47	0.79	0.91	0.89	0.23	0.75	0.24	-0.6	0.89	0.04	0.54	0.03	0.27	0.19	-0.92	-0.64	0.91	0.39	0.66		-0.85	-0.12	0.86
Non Currrent Assets Other	-0.66	0.18	-0.63	-0.54	-0.84	-0.73	-0.78	-0.45	-0.82	-0.48	0.46	-0.87	-0.01	-0.68	-0.15	-0.36	0.03	0.77	0.69	-0.89	-0.42	-0.94	-0.85		-0.11	-0.89
Non Current Liabilities Total	0.44	0.56	0.38	0.33	0.1	-0.15	-0.13	0.38	0.11	0.52	0.03	0.03	0.04	0.47	0.26	0.31	-0.12	0.36	-0.11	0.12	-0.16	0.13	-0.12	-0.11		-0.01
Short Long Term Debt	0.6	-0.33	0.57	0.47	0.87	0.68	0.81	0.38	0.85	0.48	-0.39	0.87	-0.09	0.63	0.17	0.33	-0.08	-0.74	-0.71	0.82	0.29	0.82	0.86	-0.89	-0.01

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Shenzhen Agricultural Account Relationship Matchups

Shenzhen Agricultural fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.6B	19.4B	20.7B	21.0B	21.3B	12.4B
Other Current Liab	1.4B	1.4B	1.6B	1.7B	26.5M	25.2M
Total Current Liabilities	7.4B	7.5B	7.8B	8.3B	8.7B	5.1B
Total Stockholder Equity	5.2B	5.4B	5.7B	5.7B	6.1B	3.8B
Other Liab	2.7B	2.6B	2.9B	2.8B	3.2B	3.4B
Retained Earnings	702.3M	909.5M	1.2B	1.3B	1.2B	1.3B
Accounts Payable	918.5M	943.2M	1.0B	1.3B	1.6B	1.7B
Cash	2.3B	1.4B	1.5B	1.5B	1.6B	1.4B
Other Assets	8.3B	8.5B	8.0B	8.2B	9.4B	9.9B
Long Term Debt	2.7B	2.1B	1.9B	1.7B	1.4B	1.1B
Net Receivables	797.7M	95.9M	124.8M	205.0M	271.3M	489.7M
Inventory	578.0M	705.7M	907.2M	849.3M	903.0M	948.2M
Other Current Assets	303.8M	349.4M	491.6M	427.2M	198.3M	302.4M
Total Liab	12.7B	12.3B	13.2B	13.5B	13.4B	7.5B
Intangible Assets	1.8B	1.6B	1.6B	1.4B	1.3B	957.4M
Property Plant Equipment	3.1B	3.6B	4.8B	5.3B	6.1B	3.7B
Net Tangible Assets	3.4B	3.8B	4.1B	4.3B	4.9B	3.5B
Other Stockholder Equity	(159.2K)	(278.9K)	(333.2K)	(157.8K)	(181.5K)	(190.6K)
Deferred Long Term Liab	347.0M	365.3M	291.6M	259.1M	297.9M	301.0M
Non Current Assets Total	15.5B	16.0B	16.7B	17.3B	17.6B	17.6B
Non Currrent Assets Other	16.3M	16.5M	17.8M	25.6M	17.8M	16.9M
Non Current Liabilities Total	5.3B	4.8B	5.4B	5.2B	4.7B	4.1B
Short Long Term Debt	4.2B	4.6B	4.6B	4.5B	4.8B	4.9B
Total Current Assets	4.1B	3.4B	3.9B	3.7B	3.7B	4.0B
Non Current Liabilities Other	2.1B	2.5B	147.0M	114.1M	102.7M	97.5M
Net Debt	4.4B	5.3B	5.0B	4.7B	4.7B	3.9B
Net Invested Capital	11.9B	12.1B	12.2B	11.9B	12.4B	13.2B
Net Working Capital	(3.3B)	(4.1B)	(3.9B)	(4.7B)	(5.0B)	(5.2B)

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Agricultural at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Agricultural Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Agricultural 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 Total Operating Expenses vs Ebitda Analysis

Total Operating Expenses vs Ebitda

Total Operating Expenses vs Ebitda Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Ebitda

Shenzhen Agricultural fundamental ratios Correlations

Shenzhen Agricultural Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Agricultural fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Assets
Other Assets	+ 0.99	Other Liab
Total Current Liabilities	+ 0.98	Total Assets
Total Liab	+ 0.96	Total Current Liabilities
Total Stockholder Equity	+ 0.94	Total Assets
Common Stock	+ 0.94	Total Stockholder Equity

Non Currrent Assets Other	- 0.94	Deferred Long Term Liab
Short Term Investments	- 0.93	Other Assets
Short Term Investments	- 0.93	Other Liab
Non Current Assets Total	- 0.92	Good Will
Short Long Term Debt	- 0.89	Non Currrent Assets Other
Non Currrent Assets Other	- 0.89	Net Tangible Assets