Shenzhen Total Assets vs Long Term Investments Analysis

000070 Stock

5.86 0.06 1.01%

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

Total Assets vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen SDG Information Total Assets account and Long Term Investments. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shenzhen SDG's Total Assets and Long Term Investments is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Shenzhen SDG Information, assuming nothing else is changed. The correlation between historical values of Shenzhen SDG's Total 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 Total Assets of Shenzhen SDG Information 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 Total Assets i.e., Shenzhen SDG's Total Assets and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Total Assets

Total assets refers to the total amount of Shenzhen SDG assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shenzhen SDG Information books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Long Term Investments

Long Term Investments is an item on the asset side of Shenzhen SDG balance sheet that represents investments Shenzhen SDG Information intends to hold for over a year. Shenzhen SDG Information long term investments may include different instruments such as stocks, bonds, real estate and cash.

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

The current year's Selling General Administrative is expected to grow to about 154.6 M. The current year's Tax Provision is expected to grow to about 27 M

	2021	2022	2023	2024 (projected)
Operating Income	45.4M	91.8M	184.9M	127.3M
Total Revenue	4.6B	4.2B	4.9B	2.5B

Operating Income Total Revenue

Shenzhen SDG fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.38	0.98	0.85	0.13	0.73	0.75	0.9	0.7	0.79	0.02	0.93	0.68	0.99	0.82	0.92	0.76	0.87	0.95	0.71	0.75	0.89	0.94	0.96	0.95	0.8
Other Current Liab	0.38		0.46	0.6	0.55	0.29	0.85	0.03	-0.02	0.17	0.16	0.43	0.83	0.34	0.37	0.08	-0.11	0.46	0.34	0.3	-0.1	0.18	0.59	0.53	0.15	-0.01
Total Current Liabilities	0.98	0.46		0.9	0.26	0.81	0.77	0.83	0.56	0.78	-0.04	0.98	0.7	0.96	0.81	0.85	0.65	0.85	0.91	0.75	0.63	0.89	0.92	0.96	0.9	0.68
Total Stockholder Equity	0.85	0.6	0.9		0.59	0.83	0.74	0.63	0.29	0.83	-0.01	0.87	0.81	0.78	0.82	0.67	0.38	0.9	0.86	0.81	0.31	0.8	0.83	0.86	0.74	0.5
Retained Earnings	0.13	0.55	0.26	0.59		0.52	0.26	-0.18	-0.53	0.38	-0.2	0.31	0.49	0.01	0.28	-0.11	-0.44	0.28	0.22	0.54	-0.55	0.2	0.16	0.22	0.02	-0.34
Accounts Payable	0.73	0.29	0.81	0.83	0.52		0.46	0.56	0.18	0.87	-0.36	0.82	0.44	0.68	0.77	0.55	0.35	0.62	0.71	0.65	0.25	0.84	0.57	0.67	0.66	0.36
Cash	0.75	0.85	0.77	0.74	0.26	0.46		0.5	0.46	0.45	0.25	0.68	0.89	0.74	0.64	0.53	0.35	0.72	0.67	0.43	0.41	0.56	0.89	0.84	0.57	0.47
Other Assets	0.9	0.03	0.83	0.63	-0.18	0.56	0.5		0.82	0.71	-0.02	0.77	0.43	0.92	0.7	0.95	0.9	0.77	0.84	0.59	0.89	0.84	0.78	0.8	0.93	0.89
Long Term Debt	0.7	-0.02	0.56	0.29	-0.53	0.18	0.46	0.82		0.45	0.21	0.43	0.29	0.78	0.52	0.8	0.89	0.52	0.67	0.14	0.95	0.57	0.66	0.62	0.75	0.93
Net Receivables	0.79	0.17	0.78	0.83	0.38	0.87	0.45	0.71	0.45		-0.17	0.72	0.49	0.75	0.85	0.72	0.52	0.74	0.86	0.65	0.43	0.88	0.64	0.71	0.8	0.63
Short Term Investments	0.02	0.16	-0.04	-0.01	-0.2	-0.36	0.25	-0.02	0.21	-0.17		-0.12	0.22	0.04	-0.03	0.07	-0.12	0.17	0.05	-0.07	0.16	-0.06	0.23	0.13	0.03	0.21
Inventory	0.93	0.43	0.98	0.87	0.31	0.82	0.68	0.77	0.43	0.72	-0.12		0.64	0.89	0.73	0.79	0.6	0.8	0.84	0.8	0.55	0.84	0.85	0.91	0.85	0.58
Other Current Assets	0.68	0.83	0.7	0.81	0.49	0.44	0.89	0.43	0.29	0.49	0.22	0.64		0.64	0.57	0.49	0.22	0.78	0.69	0.62	0.23	0.51	0.84	0.79	0.55	0.39
Total Liab	0.99	0.34	0.96	0.78	0.01	0.68	0.74	0.92	0.78	0.75	0.04	0.89	0.64		0.8	0.93	0.81	0.83	0.93	0.63	0.81	0.88	0.93	0.95	0.95	0.84
Intangible Assets	0.82	0.37	0.81	0.82	0.28	0.77	0.64	0.7	0.52	0.85	-0.03	0.73	0.57	0.8		0.66	0.54	0.78	0.87	0.47	0.49	0.77	0.72	0.72	0.71	0.64
Common Stock	0.92	0.08	0.85	0.67	-0.11	0.55	0.53	0.95	0.8	0.72	0.07	0.79	0.49	0.93	0.66		0.87	0.79	0.87	0.68	0.86	0.83	0.83	0.86	0.96	0.91
Property Plant Equipment	0.76	-0.11	0.65	0.38	-0.44	0.35	0.35	0.9	0.89	0.52	-0.12	0.6	0.22	0.81	0.54	0.87		0.58	0.7	0.34	0.93	0.63	0.62	0.63	0.81	0.89
Other Liab	0.87	0.46	0.85	0.9	0.28	0.62	0.72	0.77	0.52	0.74	0.17	0.8	0.78	0.83	0.78	0.79	0.58		0.87	0.74	0.54	0.77	0.89	0.86	0.8	0.73
Good Will	0.95	0.34	0.91	0.86	0.22	0.71	0.67	0.84	0.67	0.86	0.05	0.84	0.69	0.93	0.87	0.87	0.7	0.87		0.69	0.66	0.86	0.88	0.9	0.92	0.8
Net Tangible Assets	0.71	0.3	0.75	0.81	0.54	0.65	0.43	0.59	0.14	0.65	-0.07	0.8	0.62	0.63	0.47	0.68	0.34	0.74	0.69		0.26	0.69	0.66	0.74	0.73	0.38
Deferred Long Term Liab	0.75	-0.1	0.63	0.31	-0.55	0.25	0.41	0.89	0.95	0.43	0.16	0.55	0.23	0.81	0.49	0.86	0.93	0.54	0.66	0.26		0.64	0.67	0.65	0.8	0.92
Long Term Investments	0.89	0.18	0.89	0.8	0.2	0.84	0.56	0.84	0.57	0.88	-0.06	0.84	0.51	0.88	0.77	0.83	0.63	0.77	0.86	0.69	0.64		0.78	0.84	0.91	0.7
Short Long Term Debt	0.94	0.59	0.92	0.83	0.16	0.57	0.89	0.78	0.66	0.64	0.23	0.85	0.84	0.93	0.72	0.83	0.62	0.89	0.88	0.66	0.67	0.78		0.98	0.86	0.75
Total Current Assets	0.96	0.53	0.96	0.86	0.22	0.67	0.84	0.8	0.62	0.71	0.13	0.91	0.79	0.95	0.72	0.86	0.63	0.86	0.9	0.74	0.65	0.84	0.98		0.9	0.72
Short Term Debt	0.95	0.15	0.9	0.74	0.02	0.66	0.57	0.93	0.75	0.8	0.03	0.85	0.55	0.95	0.71	0.96	0.81	0.8	0.92	0.73	0.8	0.91	0.86	0.9		0.87
Non Current Assets Total	0.8	-0.01	0.68	0.5	-0.34	0.36	0.47	0.89	0.93	0.63	0.21	0.58	0.39	0.84	0.64	0.91	0.89	0.73	0.8	0.38	0.92	0.7	0.75	0.72	0.87

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Shenzhen SDG Account Relationship Matchups

Shenzhen SDG fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.6B	10.6B	8.3B	7.9B	8.1B	8.5B
Other Current Liab	360.2M	979.3M	440.7M	50.4M	56.5M	53.7M
Total Current Liabilities	3.9B	6.0B	3.5B	3.6B	3.9B	4.1B
Total Stockholder Equity	2.9B	3.0B	2.0B	1.8B	1.9B	1.4B
Retained Earnings	1.2B	581.8M	(38.3M)	(163.6M)	(441.4M)	(419.4M)
Accounts Payable	1.9B	1.9B	1.2B	1.7B	1.8B	1.0B
Cash	834.7M	3.0B	1.8B	659.7M	707.5M	628.7M
Other Assets	440.0M	673.6M	706.5M	812.7M	934.6M	981.3M
Long Term Debt	160.6M	1.0B	2.1B	1.7B	1.5B	1.6B
Net Receivables	2.7B	1.6B	2.5B	2.4B	2.3B	1.2B
Short Term Investments	60.1M	112.0M	84.3M	70M	63M	39.4M
Inventory	1.6B	2.2B	942.4M	1.2B	1.6B	1.7B
Other Current Assets	262.2M	371.6M	239.7M	95.8M	86.8M	95.7M
Total Liab	4.2B	7.1B	5.8B	5.5B	5.6B	5.9B
Intangible Assets	155.1M	183.2M	184.9M	203.9M	125.7M	72.0M
Property Plant Equipment	787.6M	757.1M	911.8M	1.2B	1.4B	1.5B
Other Liab	44.0M	137.0M	136.5M	83.8M	96.4M	51.7M
Good Will	456.9M	501.7M	501.9M	494.8M	348.9M	378.6M
Net Tangible Assets	1.7B	2.3B	1.8B	1.3B	1.5B	1.8B
Deferred Long Term Liab	34.1M	25.1M	65.7M	86.9M	99.9M	104.9M
Short Long Term Debt	1.4B	2.8B	1.6B	1.2B	1.2B	1.3B
Total Current Assets	5.5B	7.8B	5.6B	4.9B	5.2B	5.5B
Non Current Assets Total	2.2B	2.3B	2.8B	2.9B	2.9B	2.5B
Non Currrent Assets Other	223.4M	228.7M	337.0M	242.9M	229.3M	187.5M
Non Current Liabilities Total	297.6M	1.2B	2.3B	1.9B	1.7B	1.1B
Non Current Liabilities Other	35.4M	25.4M	871.4K	1.6M	2.2M	2.1M
Common Stock Shares Outstanding	815.0M	816.6M	844.6M	844.6M	900.3M	899.8M
Other Stockholder Equity	82.2M	13.2M	104.1M	68.5M	78.8M	58.9M
Net Invested Capital	4.4B	6.8B	5.7B	4.7B	4.6B	5.2B
Net Working Capital	1.6B	2.3B	2.1B	1.3B	1.3B	1.7B
Net Debt	695.1M	858.9M	1.9B	2.3B	2.0B	1.5B
Capital Stock	815.0M	816.6M	844.6M	844.6M	900.3M	888.8M

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen SDG Information at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen SDG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen SDG 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 Assets vs Long Term Investments Analysis

Total Assets vs Long Term Investments

Total Assets vs Long Term Investments Correlation Analysis

Correlation Coefficient

Total Assets

Long Term Investments

Shenzhen SDG fundamental ratios Correlations

Shenzhen SDG Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen SDG fundamental ratios Accounts

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Total Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Total Assets
Inventory	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.98	Short Long Term Debt
Total Current Assets	+ 0.96	Total Assets
Total Liab	+ 0.96	Total Current Liabilities

Deferred Long Term Liab	- 0.55	Retained Earnings
Long Term Debt	- 0.53	Retained Earnings
Property Plant Equipment	- 0.44	Retained Earnings
Short Term Investments	- 0.36	Accounts Payable
Non Current Assets Total	- 0.34	Retained Earnings
Short Term Investments	- 0.2	Retained Earnings