Shenzhen Selling General Administrative vs Income Tax Expense Analysis

002416 Stock   16.36  1.00  6.51%   
Shenzhen Aisidi financial indicator trend analysis is much more than just breaking down Shenzhen Aisidi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Aisidi is a good investment. Please check the relationship between Shenzhen Aisidi Selling General Administrative and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Aisidi Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative vs Income Tax Expense

Selling General Administrative vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Aisidi Selling General Administrative account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shenzhen Aisidi's Selling General Administrative and Income Tax Expense is 0.61. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Shenzhen Aisidi Co, assuming nothing else is changed. The correlation between historical values of Shenzhen Aisidi's Selling General Administrative and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Shenzhen Aisidi Co are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Selling General Administrative i.e., Shenzhen Aisidi's Selling General Administrative and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Income Tax Expense

Most indicators from Shenzhen Aisidi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Aisidi 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 Aisidi Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 1 B, whereas Tax Provision is forecasted to decline to about 141.2 M.
 2021 2022 2023 2024 (projected)
Operating Income1.4B1.4B1.2B797.2M
Total Revenue95.2B91.4B92.2B49.3B

Shenzhen Aisidi fundamental ratios Correlations

0.870.450.950.910.460.610.540.90.180.810.790.570.790.790.910.370.620.960.990.860.130.830.540.440.01
0.870.330.880.690.540.680.820.75-0.20.690.760.620.670.640.780.330.30.890.830.990.050.630.650.51-0.18
0.450.330.370.490.22-0.020.320.390.070.170.430.20.140.420.40.460.470.390.430.30.190.50.480.230.19
0.950.880.370.760.480.630.60.80.240.760.70.540.730.810.910.280.410.990.960.890.120.670.540.46-0.12
0.910.690.490.760.370.510.320.930.10.80.750.50.780.680.770.390.80.770.890.680.10.950.430.360.16
0.460.540.220.480.370.750.570.43-0.270.230.4-0.050.210.280.510.690.030.450.440.6-0.320.340.031.0-0.32
0.610.68-0.020.630.510.750.490.71-0.290.560.710.420.580.240.470.550.00.60.540.72-0.320.450.150.74-0.57
0.540.820.320.60.320.570.490.38-0.370.160.590.440.140.450.580.340.020.630.490.81-0.030.230.660.53-0.2
0.90.750.390.80.930.430.710.38-0.020.830.840.620.830.570.710.420.540.80.860.76-0.020.870.420.42-0.17
0.18-0.20.070.240.1-0.27-0.29-0.37-0.020.13-0.18-0.160.090.420.32-0.170.380.240.27-0.210.360.0-0.1-0.270.44
0.810.690.170.760.80.230.560.160.830.130.570.520.990.530.620.170.490.760.820.690.120.810.270.22-0.06
0.790.760.430.70.750.40.710.590.84-0.180.570.690.580.370.60.530.40.740.670.72-0.060.620.580.39-0.25
0.570.620.20.540.5-0.050.420.440.62-0.160.520.690.550.360.360.010.160.560.50.6-0.190.450.78-0.08-0.31
0.790.670.140.730.780.210.580.140.830.090.990.580.550.490.570.170.450.730.790.680.080.80.250.2-0.11
0.790.640.420.810.680.280.240.450.570.420.530.370.360.490.810.040.580.80.840.650.360.60.50.250.28
0.910.780.40.910.770.510.470.580.710.320.620.60.360.570.810.290.590.920.930.780.070.650.50.490.12
0.370.330.460.280.390.690.550.340.42-0.170.170.530.010.170.040.290.250.30.30.33-0.150.370.030.72-0.06
0.620.30.470.410.80.030.00.020.540.380.490.40.160.450.580.590.250.460.640.230.330.740.250.040.69
0.960.890.390.990.770.450.60.630.80.240.760.740.560.730.80.920.30.460.960.880.160.670.570.43-0.07
0.990.830.430.960.890.440.540.490.860.270.820.670.50.790.840.930.30.640.960.830.170.820.490.420.09
0.860.990.30.890.680.60.720.810.76-0.210.690.720.60.680.650.780.330.230.880.83-0.020.640.60.57-0.26
0.130.050.190.120.1-0.32-0.32-0.03-0.020.360.12-0.06-0.190.080.360.07-0.150.330.160.17-0.020.08-0.06-0.320.55
0.830.630.50.670.950.340.450.230.870.00.810.620.450.80.60.650.370.740.670.820.640.080.350.340.14
0.540.650.480.540.430.030.150.660.42-0.10.270.580.780.250.50.50.030.250.570.490.6-0.060.35-0.01-0.07
0.440.510.230.460.361.00.740.530.42-0.270.220.39-0.080.20.250.490.720.040.430.420.57-0.320.34-0.01-0.31
0.01-0.180.19-0.120.16-0.32-0.57-0.2-0.170.44-0.06-0.25-0.31-0.110.280.12-0.060.69-0.070.09-0.260.550.14-0.07-0.31
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Shenzhen Aisidi Account Relationship Matchups

Shenzhen Aisidi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2B11.3B15.3B14.4B12.5B9.3B
Short Long Term Debt Total2.5B2.8B6.6B5.6B3.5B2.7B
Other Current Liab684.3M88.2M120.2M784.3M693.5M403.7M
Total Current Liabilities5.2B5.7B9.0B8.1B6.0B4.6B
Total Stockholder Equity5.0B5.4B5.8B5.9B6.0B4.4B
Property Plant And Equipment Net12.3M14.9M118.4M134.8M142.2M149.3M
Current Deferred Revenue285.0M1.2B1.5B1.1B1.1B1.2B
Net Debt(923.1M)(1.3B)2.5B2.8B203.6M213.8M
Retained Earnings2.2B2.6B2.5B2.6B2.6B1.7B
Accounts Payable1.7B1.6B997.1M635.2M768.8M1.5B
Cash3.4B4.1B4.1B2.9B3.3B2.6B
Non Current Assets Total1.2B1.7B2.1B2.2B2.0B1.0B
Non Currrent Assets Other1.0B1.4B1.2B1.2B22.3M21.2M
Cash And Short Term Investments3.6B4.6B4.2B3.0B3.4B2.7B
Net Receivables3.1B2.6B3.8B4.3B2.2B2.7B
Liabilities And Stockholders Equity10.2B11.3B15.3B14.4B12.5B9.3B
Inventory2.3B2.2B4.9B4.5B3.5B2.6B
Other Current Assets112.5M98.2M274.8M426.3M1.3B1.4B
Other Stockholder Equity1.5B1.6B1.6B1.6B1.9B1.6B
Total Liab5.2B5.7B9.3B8.1B6.1B4.8B
Total Current Assets9.1B9.6B13.2B12.2B10.4B8.3B
Short Term Debt2.5B2.8B6.3B5.6B3.4B2.6B
Intangible Assets21.7M17.1M10.4M11.2M10.4M9.9M
Other Assets1.1B1.1B1.01.2B1.2B0.95
Property Plant Equipment12.3M14.9M118.4M134.8M155.0M162.7M
Non Current Liabilities Total3.1M3.6M284.7M33.5M52.6M49.9M
Short Term Investments125.2M514.1M131.3M110.8M141.5M113.4M
Other Liab3.1M3.6M7.8M4.2M3.8M3.6M
Net Tangible Assets4.9B5.4B5.8B5.9B6.7B5.7B
Deferred Long Term Liab8.2M10.9M23.5M22.8M20.5M14.1M
Short Long Term Debt2.5B2.8B6.3B5.3B3.3B3.7B
Net Invested Capital7.5B8.2B12.3B11.2B9.3B10.3B
Net Working Capital3.8B3.9B4.2B4.1B4.4B4.5B

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Other Information on Investing in Shenzhen Stock

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