Shijiazhuang End Period Cash Flow vs Other Non Cash Items Analysis

300491 Stock   17.17  0.97  5.35%   
Shijiazhuang Tonhe financial indicator trend analysis is much more than just breaking down Shijiazhuang Tonhe prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shijiazhuang Tonhe is a good investment. Please check the relationship between Shijiazhuang Tonhe End Period Cash Flow and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shijiazhuang Tonhe Electronics. 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.

End Period Cash Flow vs Other Non Cash Items

End Period Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shijiazhuang Tonhe End Period Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Shijiazhuang Tonhe's End Period Cash Flow and Other Non Cash Items is 0.2. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Shijiazhuang Tonhe Electronics, assuming nothing else is changed. The correlation between historical values of Shijiazhuang Tonhe's End Period Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Shijiazhuang Tonhe Electronics are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of End Period Cash Flow i.e., Shijiazhuang Tonhe's End Period Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

End Period Cash Flow

Other Non Cash Items

Most indicators from Shijiazhuang Tonhe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shijiazhuang Tonhe 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 Shijiazhuang Tonhe Electronics. 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 120.2 M. The current year's Tax Provision is expected to grow to about 4.9 M
 2021 2022 2023 2024 (projected)
Operating Income41.8M52.9M150.5M158.1M
Total Revenue421.1M639.2M1.0B1.1B

Shijiazhuang Tonhe fundamental ratios Correlations

0.670.960.860.980.960.630.780.990.980.550.970.910.750.66-0.650.750.820.87-0.680.37-0.460.860.640.940.9
0.670.770.340.710.740.290.320.680.650.30.780.840.270.37-0.270.550.360.47-0.410.7-0.460.460.090.460.42
0.960.770.730.951.00.490.670.970.980.51.00.940.590.5-0.650.740.770.83-0.680.46-0.550.850.490.880.85
0.860.340.730.840.740.750.80.830.790.610.730.650.910.81-0.620.720.90.88-0.580.25-0.260.870.770.850.91
0.980.710.950.840.940.610.780.980.950.580.950.880.720.7-0.60.730.780.84-0.690.4-0.420.820.630.90.86
0.960.741.00.740.940.510.670.960.990.471.00.930.610.51-0.650.750.770.83-0.690.42-0.550.860.510.880.85
0.630.290.490.750.610.510.430.560.550.090.50.440.640.68-0.320.660.670.44-0.520.09-0.470.620.460.580.6
0.780.320.670.80.780.670.430.80.710.570.660.620.890.78-0.620.440.610.73-0.430.080.120.590.950.750.7
0.990.680.970.830.980.960.560.80.980.610.970.920.730.62-0.670.70.810.88-0.670.42-0.430.850.640.940.9
0.980.650.980.790.950.990.550.710.980.510.980.90.650.52-0.680.750.830.87-0.720.37-0.550.890.550.940.91
0.550.30.50.610.580.470.090.570.610.510.490.490.530.4-0.510.230.620.8-0.270.53-0.050.580.480.630.68
0.970.781.00.730.951.00.50.660.970.980.490.950.60.51-0.620.740.760.83-0.680.47-0.550.840.480.880.84
0.910.840.940.650.880.930.440.620.920.90.490.950.580.48-0.510.640.670.76-0.60.59-0.50.740.420.80.76
0.750.270.590.910.720.610.640.890.730.650.530.60.580.88-0.480.570.710.75-0.420.140.050.670.890.690.74
0.660.370.50.810.70.510.680.780.620.520.40.510.480.88-0.270.560.520.57-0.290.080.110.490.760.510.54
-0.65-0.27-0.65-0.62-0.6-0.65-0.32-0.62-0.67-0.68-0.51-0.62-0.51-0.48-0.27-0.35-0.74-0.720.52-0.30.35-0.73-0.56-0.73-0.76
0.750.550.740.720.730.750.660.440.70.750.230.740.640.570.56-0.350.680.67-0.490.3-0.430.750.350.60.68
0.820.360.770.90.780.770.670.610.810.830.620.760.670.710.52-0.740.680.9-0.70.45-0.570.980.560.870.97
0.870.470.830.880.840.830.440.730.880.870.80.830.760.750.57-0.720.670.9-0.570.48-0.330.910.610.890.96
-0.68-0.41-0.68-0.58-0.69-0.69-0.52-0.43-0.67-0.72-0.27-0.68-0.6-0.42-0.290.52-0.49-0.7-0.57-0.320.61-0.72-0.35-0.69-0.7
0.370.70.460.250.40.420.090.080.420.370.530.470.590.140.08-0.30.30.450.48-0.32-0.450.45-0.080.290.4
-0.46-0.46-0.55-0.26-0.42-0.55-0.470.12-0.43-0.55-0.05-0.55-0.50.050.110.35-0.43-0.57-0.330.61-0.45-0.610.22-0.49-0.51
0.860.460.850.870.820.860.620.590.850.890.580.840.740.670.49-0.730.750.980.91-0.720.45-0.610.510.870.97
0.640.090.490.770.630.510.460.950.640.550.480.480.420.890.76-0.560.350.560.61-0.35-0.080.220.510.630.61
0.940.460.880.850.90.880.580.750.940.940.630.880.80.690.51-0.730.60.870.89-0.690.29-0.490.870.630.95
0.90.420.850.910.860.850.60.70.90.910.680.840.760.740.54-0.760.680.970.96-0.70.4-0.510.970.610.95
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Shijiazhuang Tonhe Account Relationship Matchups

Shijiazhuang Tonhe fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets860.1M929.7M1.3B1.6B2.0B2.1B
Other Current Liab3.7M5.8M13.1M403.4K88.8M93.3M
Total Current Liabilities163.9M214.4M283.7M529.5M829.8M871.3M
Total Stockholder Equity676.6M695.1M967.9M1.0B1.1B561.3M
Retained Earnings141.5M183.0M211.6M224.7M307.3M322.7M
Accounts Payable103.4M137.4M178.3M386.3M527.6M554.0M
Cash92.2M91.1M340.1M303.6M198.9M166.1M
Other Assets14.6M14.7M15.0M12.8M14.7M15.4M
Net Receivables286.2M293.9M409.3M441.0M655.7M688.5M
Inventory77.9M94.8M132.8M227.4M269.8M283.3M
Other Current Assets9.9M8.6M9.0M3.9M12.3M6.3M
Total Liab183.6M234.7M309.7M545.0M865.9M909.2M
Intangible Assets23.4M22.9M34.2M30.7M70.1M73.6M
Common Stock145.8M145.2M160.8M173.5M199.5M113.2M
Property Plant Equipment156.6M164.6M158.0M160.9M185.0M122.5M
Other Liab20.8M19.7M20.3M16.5M14.8M17.4M
Net Tangible Assets395.9M467.2M494.9M753.9M867.0M535.6M
Non Current Assets Total393.8M378.5M387.6M421.1M632.5M385.4M
Non Currrent Assets Other200.1M194.1M393.8M10.7M9.6M9.1M
Non Current Liabilities Total19.7M20.3M26.0M15.5M36.0M25.1M
Deferred Long Term Liab3.5M3.7M3.4M589.6K530.6K504.1K
Total Current Assets466.3M551.3M891.2M1.1B1.4B754.7M
Net Invested Capital721.6M755.2M1.1B1.1B1.3B911.2M
Net Working Capital302.4M336.9M607.5M606.2M520.2M450.3M

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Other Information on Investing in Shijiazhuang Stock

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