Shanghai Common Stock Shares Outstanding vs Net Receivables Analysis

603057 Stock   18.46  0.75  4.23%   
Shanghai Ziyan financial indicator trend analysis is much more than just breaking down Shanghai Ziyan Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Ziyan Foods is a good investment. Please check the relationship between Shanghai Ziyan Common Stock Shares Outstanding and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Ziyan Foods. 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.

Common Stock Shares Outstanding vs Net Receivables

Common Stock Shares Outstanding vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Ziyan Foods Common Stock Shares Outstanding account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shanghai Ziyan's Common Stock Shares Outstanding and Net Receivables is 0.78. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shanghai Ziyan Foods, assuming nothing else is changed. The correlation between historical values of Shanghai Ziyan's Common Stock Shares Outstanding and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Shanghai Ziyan Foods are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock Shares Outstanding i.e., Shanghai Ziyan's Common Stock Shares Outstanding and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Receivables

Most indicators from Shanghai Ziyan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Ziyan Foods 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 Ziyan Foods. 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.
As of December 12, 2024, Tax Provision is expected to decline to about 77.9 M. In addition to that, Selling General Administrative is expected to decline to about 176.6 M
 2021 2022 2023 2024 (projected)
Interest Expense5.8M3.2M2.8M4.2M
Interest Income6.0M6.4M6.7M6.6M

Shanghai Ziyan fundamental ratios Correlations

0.99-0.79-0.80.92-0.820.81-0.82-0.05-0.170.70.86-0.95-0.75-0.960.79-0.930.280.84-0.81-0.58-0.79-0.75-0.850.72-0.63
0.99-0.8-0.810.87-0.830.72-0.81-0.07-0.210.60.83-0.93-0.75-0.930.7-0.910.290.76-0.81-0.51-0.8-0.75-0.830.62-0.6
-0.79-0.80.94-0.820.99-0.780.99-0.250.63-0.74-0.970.860.960.83-0.780.9-0.74-0.761.00.780.990.960.98-0.590.81
-0.8-0.810.94-0.730.93-0.710.9-0.390.38-0.63-0.930.840.980.82-0.680.82-0.71-0.630.940.710.940.980.9-0.430.9
0.920.87-0.82-0.73-0.850.9-0.87-0.13-0.320.830.9-0.96-0.71-0.960.91-0.970.290.97-0.83-0.68-0.8-0.71-0.910.89-0.58
-0.82-0.830.990.93-0.85-0.760.99-0.150.62-0.7-0.960.90.930.86-0.760.93-0.67-0.771.00.721.00.930.98-0.60.75
0.810.72-0.78-0.710.9-0.76-0.810.23-0.290.980.9-0.79-0.75-0.830.99-0.820.480.95-0.76-0.9-0.72-0.75-0.880.92-0.75
-0.82-0.810.990.9-0.870.99-0.81-0.160.64-0.77-0.980.890.920.86-0.820.93-0.68-0.820.990.770.980.920.99-0.660.75
-0.05-0.07-0.25-0.39-0.13-0.150.23-0.16-0.070.290.260.12-0.480.090.180.120.74-0.06-0.2-0.57-0.21-0.48-0.19-0.11-0.71
-0.17-0.210.630.38-0.320.62-0.290.64-0.07-0.39-0.50.290.480.2-0.370.42-0.68-0.370.620.480.630.480.56-0.280.26
0.70.6-0.74-0.630.83-0.70.98-0.770.29-0.390.85-0.68-0.7-0.710.99-0.730.540.92-0.71-0.94-0.66-0.7-0.840.91-0.72
0.860.83-0.97-0.930.9-0.960.9-0.980.26-0.50.85-0.9-0.94-0.890.89-0.920.680.86-0.97-0.85-0.95-0.94-0.990.73-0.84
-0.95-0.930.860.84-0.960.9-0.790.890.120.29-0.68-0.90.780.99-0.780.99-0.32-0.850.880.570.870.780.91-0.710.61
-0.75-0.750.960.98-0.710.93-0.750.92-0.480.48-0.7-0.940.780.77-0.730.79-0.81-0.650.950.810.951.00.92-0.470.93
-0.96-0.930.830.82-0.960.86-0.830.860.090.2-0.71-0.890.990.77-0.810.97-0.28-0.870.840.580.820.770.89-0.740.63
0.790.7-0.78-0.680.91-0.760.99-0.820.18-0.370.990.89-0.78-0.73-0.81-0.820.490.97-0.76-0.9-0.72-0.73-0.880.94-0.71
-0.93-0.910.90.82-0.970.93-0.820.930.120.42-0.73-0.920.990.790.97-0.82-0.38-0.890.910.620.890.790.94-0.760.6
0.280.29-0.74-0.710.29-0.670.48-0.680.74-0.680.540.68-0.32-0.81-0.280.49-0.380.33-0.71-0.78-0.72-0.81-0.660.19-0.81
0.840.76-0.76-0.630.97-0.770.95-0.82-0.06-0.370.920.86-0.85-0.65-0.870.97-0.890.33-0.76-0.77-0.72-0.65-0.870.97-0.56
-0.81-0.811.00.94-0.831.0-0.760.99-0.20.62-0.71-0.970.880.950.84-0.760.91-0.71-0.760.741.00.950.98-0.580.78
-0.58-0.510.780.71-0.680.72-0.90.77-0.570.48-0.94-0.850.570.810.58-0.90.62-0.78-0.770.740.710.810.83-0.720.86
-0.79-0.80.990.94-0.81.0-0.720.98-0.210.63-0.66-0.950.870.950.82-0.720.89-0.72-0.721.00.710.950.96-0.530.77
-0.75-0.750.960.98-0.710.93-0.750.92-0.480.48-0.7-0.940.781.00.77-0.730.79-0.81-0.650.950.810.950.92-0.470.93
-0.85-0.830.980.9-0.910.98-0.880.99-0.190.56-0.84-0.990.910.920.89-0.880.94-0.66-0.870.980.830.960.92-0.740.79
0.720.62-0.59-0.430.89-0.60.92-0.66-0.11-0.280.910.73-0.71-0.47-0.740.94-0.760.190.97-0.58-0.72-0.53-0.47-0.74-0.43
-0.63-0.60.810.9-0.580.75-0.750.75-0.710.26-0.72-0.840.610.930.63-0.710.6-0.81-0.560.780.860.770.930.79-0.43
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Other Information on Investing in Shanghai Stock

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