Shanghai Total Assets vs Non Current Liabilities Total 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 Total Assets and its Non Current Liabilities Total 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.

Total Assets vs Non Current Liabilities Total

Total Assets vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Ziyan Foods Total Assets account and Non Current Liabilities Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shanghai Ziyan's Total Assets and Non Current Liabilities Total is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Current Liabilities Total 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 Total Assets and Non Current Liabilities 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 Assets of Shanghai Ziyan Foods are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Total Assets i.e., Shanghai Ziyan's Total Assets and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Shanghai Ziyan assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shanghai Ziyan Foods books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Non Current Liabilities Total

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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Shanghai Ziyan Account Relationship Matchups

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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.