Shanghai Deferred Long Term Liab vs Short Term Investments Analysis

600895 Stock   28.47  0.38  1.35%   
Shanghai Zhangjiang financial indicator trend analysis is much more than just breaking down Shanghai Zhangjiang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Zhangjiang is a good investment. Please check the relationship between Shanghai Zhangjiang Deferred Long Term Liab and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Zhangjiang Hi Tech. 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.

Deferred Long Term Liab vs Short Term Investments

Deferred Long Term Liab vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Zhangjiang Deferred Long Term Liab account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanghai Zhangjiang's Deferred Long Term Liab and Short Term Investments is -0.08. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Shanghai Zhangjiang Hi Tech, assuming nothing else is changed. The correlation between historical values of Shanghai Zhangjiang's Deferred Long Term Liab and Short 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 Deferred Long Term Liab of Shanghai Zhangjiang Hi Tech are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Deferred Long Term Liab i.e., Shanghai Zhangjiang's Deferred Long Term Liab and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Short Term Investments

Short Term Investments is an item under the current assets section of Shanghai Zhangjiang balance sheet. It contains any investments Shanghai Zhangjiang Hi Tech undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Shanghai Zhangjiang can easily liquidate in the marketplace.
Most indicators from Shanghai Zhangjiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Zhangjiang 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 Shanghai Zhangjiang Hi Tech. 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 57 M, whereas Tax Provision is forecasted to decline to about 277.6 M.
 2021 2022 2023 2024 (projected)
Operating Income1.3B775.8M957.4M611.9M
Total Revenue2.1B1.9B2.0B1.7B

Shanghai Zhangjiang fundamental ratios Correlations

0.710.680.940.870.650.980.970.950.990.180.52-0.35-0.68-0.090.510.780.88-0.80.7-0.870.760.720.440.830.89
0.710.420.80.370.850.720.60.590.64-0.240.78-0.31-0.750.060.430.60.77-0.730.23-0.610.780.710.630.650.66
0.680.420.530.610.380.680.620.630.70.50.470.22-0.560.370.420.610.5-0.320.42-0.610.320.160.180.510.47
0.940.80.530.70.670.960.880.850.9-0.110.51-0.53-0.63-0.090.60.690.9-0.910.58-0.870.890.840.610.770.94
0.870.370.610.70.40.820.920.890.920.420.28-0.24-0.51-0.250.20.730.71-0.560.86-0.660.480.550.030.760.67
0.650.850.380.670.40.650.570.50.620.040.72-0.22-0.71-0.040.370.540.64-0.630.27-0.460.610.590.490.510.48
0.980.720.680.960.820.650.950.880.970.140.47-0.39-0.61-0.010.610.790.9-0.840.66-0.890.80.720.50.80.89
0.970.60.620.880.920.570.950.930.980.210.4-0.4-0.59-0.220.480.730.85-0.760.81-0.810.690.710.320.810.84
0.950.590.630.850.890.50.880.930.950.230.46-0.3-0.65-0.210.340.720.8-0.670.73-0.810.640.670.340.850.87
0.990.640.70.90.920.620.970.980.950.290.47-0.31-0.65-0.10.470.80.86-0.750.75-0.840.70.670.350.820.84
0.18-0.240.5-0.110.420.040.140.210.230.29-0.10.440.00.15-0.040.40.030.230.19-0.15-0.25-0.36-0.20.19-0.06
0.520.780.470.510.280.720.470.40.460.47-0.10.18-0.960.220.10.220.33-0.330.19-0.220.340.370.180.290.29
-0.35-0.310.22-0.53-0.24-0.22-0.39-0.4-0.3-0.310.440.18-0.110.6-0.27-0.26-0.580.78-0.280.4-0.73-0.81-0.5-0.39-0.61
-0.68-0.75-0.56-0.63-0.51-0.71-0.61-0.59-0.65-0.650.0-0.96-0.11-0.13-0.12-0.33-0.440.42-0.430.34-0.4-0.47-0.12-0.41-0.42
-0.090.060.37-0.09-0.25-0.04-0.01-0.22-0.21-0.10.150.220.6-0.130.220.01-0.160.23-0.32-0.04-0.08-0.460.0-0.21-0.16
0.510.430.420.60.20.370.610.480.340.47-0.040.1-0.27-0.120.220.420.54-0.530.19-0.730.520.320.650.360.59
0.780.60.610.690.730.540.790.730.720.80.40.22-0.26-0.330.010.420.88-0.60.46-0.820.670.50.460.90.72
0.880.770.50.90.710.640.90.850.80.860.030.33-0.58-0.44-0.160.540.88-0.860.58-0.880.90.820.590.930.9
-0.8-0.73-0.32-0.91-0.56-0.63-0.84-0.76-0.67-0.750.23-0.330.780.420.23-0.53-0.6-0.86-0.450.74-0.96-0.92-0.65-0.65-0.86
0.70.230.420.580.860.270.660.810.730.750.190.19-0.28-0.43-0.320.190.460.58-0.45-0.480.370.54-0.20.590.53
-0.87-0.61-0.61-0.87-0.66-0.46-0.89-0.81-0.81-0.84-0.15-0.220.40.34-0.04-0.73-0.82-0.880.74-0.48-0.77-0.59-0.68-0.84-0.94
0.760.780.320.890.480.610.80.690.640.7-0.250.34-0.73-0.4-0.080.520.670.9-0.960.37-0.770.880.70.710.88
0.720.710.160.840.550.590.720.710.670.67-0.360.37-0.81-0.47-0.460.320.50.82-0.920.54-0.590.880.490.670.8
0.440.630.180.610.030.490.50.320.340.35-0.20.18-0.5-0.120.00.650.460.59-0.65-0.2-0.680.70.490.450.67
0.830.650.510.770.760.510.80.810.850.820.190.29-0.39-0.41-0.210.360.90.93-0.650.59-0.840.710.670.450.84
0.890.660.470.940.670.480.890.840.870.84-0.060.29-0.61-0.42-0.160.590.720.9-0.860.53-0.940.880.80.670.84
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Shanghai Zhangjiang Account Relationship Matchups

Shanghai Zhangjiang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B32.8B37.3B42.7B51.0B53.6B
Total Stockholder Equity9.3B10.8B10.9B11.7B12.4B6.9B
Other Liab490.7M593.4M1.4B1.5B1.8B1.9B
Retained Earnings5.1B6.7B6.9B6.8B7.5B7.8B
Accounts Payable251.9M575.7M1.2B2.4B4.8B5.1B
Cash1.6B2.3B2.4B3.5B2.9B1.9B
Other Assets6.0B6.3B11.8B14.0B16.1B16.9B
Long Term Debt5.7B6.4B12.4B11.7B17.4B18.3B
Inventory11.4B7.8B9.1B11.9B17.2B18.0B
Total Liab12.5B18.3B22.7B27.4B35.0B36.7B
Intangible Assets926.6K4.6M4.2M16.0M12.2M14.3M
Property Plant Equipment76.3M71.4M66.9M70.1M80.6M79.0M
Short Term Investments24.1M1.3B651.3M111.0M127.7M121.3M
Other Current Liab2.1B2.8B4.1B2.9B2.1B2.6B
Total Current Liabilities6.2B10.5B8.8B14.1B15.8B9.4B
Net Tangible Assets9.3B10.8B10.9B11.6B13.4B10.4B
Net Receivables579.0M43.1M46.8M56.7M88.7M84.3M
Other Current Assets6.4M10.6M364.1M10.8M1.3B1.4B
Other Stockholder Equity403.0M24.3M(112.4M)(207.2M)(186.5M)(177.2M)
Deferred Long Term Liab15.4M19.8M40.1M30.2M34.7M23.2M
Short Long Term Debt2.7B2.7B2.8B3.9B733M696.4M
Total Current Assets13.7B11.8B12.9B15.9B21.7B13.4B
Non Current Assets Total12.0B21.0B24.4B26.9B29.3B20.1B
Non Currrent Assets Other20.0M59.6M63.9M131.6M263.0M276.2M
Non Current Liabilities Total6.3B7.8B14.0B13.3B19.2B10.6B
Non Current Liabilities Other136.3M326.1M496.7M544.9M612.4M324.1M
Net Debt6.7B6.8B12.8B12.1B15.3B9.5B
Net Invested Capital17.7B19.9B26.2B27.3B30.6B23.6B
Net Working Capital7.4B1.3B4.1B1.8B6.0B4.1B

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Other Information on Investing in Shanghai Stock

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