Shaanxi Total Revenue vs Non Current Assets Total Analysis

600831 Stock   2.89  0.15  4.93%   
Shaanxi Broadcast financial indicator trend analysis is much more than just breaking down Shaanxi Broadcast prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Broadcast is a good investment. Please check the relationship between Shaanxi Broadcast Total Revenue and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Broadcast TV. 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 Revenue vs Non Current Assets Total

Total Revenue vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Broadcast Total Revenue account and Non Current Assets Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shaanxi Broadcast's Total Revenue and Non Current Assets Total is 0.4. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Shaanxi Broadcast TV, assuming nothing else is changed. The correlation between historical values of Shaanxi Broadcast's Total Revenue and Non Current Assets Total 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 Revenue of Shaanxi Broadcast TV are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Revenue i.e., Shaanxi Broadcast's Total Revenue and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Shaanxi Broadcast generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Shaanxi Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Broadcast 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 Shaanxi Broadcast TV. 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 268.3 M. The current year's Tax Provision is expected to grow to about 3.2 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue2.1B2.1B1.9B1.0B
Total Revenue3.0B3.0B2.3B1.7B

Shaanxi Broadcast fundamental ratios Correlations

-0.430.970.780.550.990.590.870.90.440.940.980.970.690.970.930.57-0.110.9-0.910.810.840.910.80.89-0.74
-0.43-0.46-0.03-0.07-0.490.23-0.51-0.740.05-0.41-0.52-0.610.1-0.26-0.590.290.37-0.510.72-0.38-0.56-0.6-0.34-0.720.53
0.97-0.460.660.40.980.430.860.920.360.880.990.960.630.970.930.44-0.160.82-0.880.720.780.850.70.87-0.7
0.78-0.030.660.750.730.870.650.50.620.80.650.670.850.730.540.870.070.83-0.630.850.790.770.830.63-0.51
0.55-0.070.40.750.50.780.370.360.570.650.420.480.460.480.360.660.10.74-0.510.830.620.580.820.4-0.36
0.99-0.490.980.730.50.510.860.930.460.940.990.980.610.940.950.52-0.130.88-0.930.80.840.920.780.92-0.77
0.590.230.430.870.780.510.380.250.580.650.430.440.650.570.350.880.360.66-0.360.670.50.520.670.3-0.29
0.87-0.510.860.650.370.860.380.790.160.70.860.850.630.830.790.42-0.370.76-0.870.620.780.770.590.85-0.75
0.9-0.740.920.50.360.930.250.790.280.860.950.970.420.820.960.2-0.260.83-0.950.710.80.910.680.95-0.73
0.440.050.360.620.570.460.580.160.280.640.360.430.290.360.280.680.250.53-0.310.640.50.50.660.34-0.27
0.94-0.410.880.80.650.940.650.70.860.640.90.940.580.860.860.640.010.91-0.870.890.870.930.870.86-0.68
0.98-0.520.990.650.420.990.430.860.950.360.90.980.60.950.970.41-0.170.84-0.930.740.790.890.720.91-0.75
0.97-0.610.960.670.480.980.440.850.970.430.940.980.540.90.960.42-0.20.9-0.960.790.860.940.770.95-0.78
0.690.10.630.850.460.610.650.630.420.290.580.60.540.740.490.64-0.060.63-0.490.620.560.610.60.52-0.39
0.97-0.260.970.730.480.940.570.830.820.360.860.950.90.740.880.55-0.090.8-0.80.720.70.790.710.78-0.67
0.93-0.590.930.540.360.950.350.790.960.280.860.970.960.490.880.28-0.170.8-0.920.680.70.880.650.91-0.76
0.570.290.440.870.660.520.880.420.20.680.640.410.420.640.550.280.260.53-0.330.620.560.460.630.31-0.3
-0.110.37-0.160.070.1-0.130.36-0.37-0.260.250.01-0.17-0.2-0.06-0.09-0.170.26-0.080.32-0.01-0.29-0.1-0.02-0.330.44
0.9-0.510.820.830.740.880.660.760.830.530.910.840.90.630.80.80.53-0.08-0.890.940.890.950.920.86-0.7
-0.910.72-0.88-0.63-0.51-0.93-0.36-0.87-0.95-0.31-0.87-0.93-0.96-0.49-0.8-0.92-0.330.32-0.89-0.79-0.88-0.94-0.77-0.980.82
0.81-0.380.720.850.830.80.670.620.710.640.890.740.790.620.720.680.62-0.010.94-0.790.860.890.990.78-0.67
0.84-0.560.780.790.620.840.50.780.80.50.870.790.860.560.70.70.56-0.290.89-0.880.860.90.840.88-0.68
0.91-0.60.850.770.580.920.520.770.910.50.930.890.940.610.790.880.46-0.10.95-0.940.890.90.860.95-0.71
0.8-0.340.70.830.820.780.670.590.680.660.870.720.770.60.710.650.63-0.020.92-0.770.990.840.860.76-0.69
0.89-0.720.870.630.40.920.30.850.950.340.860.910.950.520.780.910.31-0.330.86-0.980.780.880.950.76-0.84
-0.740.53-0.7-0.51-0.36-0.77-0.29-0.75-0.73-0.27-0.68-0.75-0.78-0.39-0.67-0.76-0.30.44-0.70.82-0.67-0.68-0.71-0.69-0.84
Click cells to compare fundamentals

Shaanxi Broadcast Account Relationship Matchups

Shaanxi Broadcast fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2B8.8B10.2B11.6B11.6B12.2B
Other Current Liab749.3M752.8M183.2M339.4M65.3M62.1M
Total Current Liabilities3.4B3.0B4.5B4.9B5.4B5.7B
Total Stockholder Equity3.7B3.7B3.8B3.8B3.1B1.9B
Other Liab364.2M396.2M177.2M117.0M134.6M151.4M
Accounts Payable1.3B1.5B1.9B2.3B2.3B2.4B
Cash642.4M735.4M497.7M520.8M358.7M387.6M
Other Assets273.8M390.4M570.6M385.2M442.9M465.1M
Net Receivables1.0B890.5M1.6B2.4B2.7B2.8B
Inventory139.8M120.2M120.6M144.0M123.3M97.5M
Other Current Assets685.0M648.6M664.9M1.1B822.1M863.2M
Total Liab4.5B5.1B6.4B7.8B8.5B8.9B
Intangible Assets157.2M173.9M220.5M285.1M283.2M297.4M
Common Stock708.8M710.5M710.5M710.5M817.1M475.6M
Property Plant Equipment4.9B5.1B5.6B6.1B7.0B7.3B
Long Term Debt829.1M1.7B1.5B2.6B2.9B3.0B
Retained Earnings1.2B1.2B1.3B1.3B473.5M650.1M
Net Tangible Assets3.5B3.6B3.6B3.5B4.0B3.4B
Deferred Long Term Liab145.7M90.2M67.9M45.0M40.5M38.4M
Short Long Term Debt1.1B660.5M1.3B1.3B847.7M771.9M
Total Current Assets2.7B2.8B3.3B4.2B4.2B3.0B
Non Current Assets Total5.5B6.0B6.9B7.4B7.4B6.7B
Non Currrent Assets Other5.4B5.5B23.6M29.0M62.3M59.2M
Non Current Liabilities Total1.1B2.1B1.9B3.0B3.1B2.0B
Non Current Liabilities Other721.6M5.0M4.5M1.6M1.6M1.5M
Net Debt1.1B1.6B2.3B3.4B3.3B2.1B
Common Stock Shares Outstanding708.8M710.5M710.5M710.5M710.5M748.1M
Net Invested Capital5.4B6.1B6.5B7.7B6.8B6.6B
Net Working Capital(655.4M)(187.0M)(1.2B)(631.5M)(1.2B)(1.3B)
Other Stockholder Equity14.9M14.9M12.8M9.6M8.6M8.2M
Capital Stock708.8M710.5M710.5M710.5M710.5M761.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Shaanxi Stock

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