Shandong Retained Earnings vs Short Long Term Debt Analysis

603536 Stock   17.61  1.60  9.99%   
Shandong Huifa financial indicator trend analysis is much more than just breaking down Shandong Huifa Foodstuff prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Huifa Foodstuff is a good investment. Please check the relationship between Shandong Huifa Retained Earnings and its Short Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Huifa Foodstuff. 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.

Retained Earnings vs Short Long Term Debt

Retained Earnings vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Huifa Foodstuff Retained Earnings account and Short Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shandong Huifa's Retained Earnings and Short Long Term Debt is -0.4. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Long Term Debt in the same time period over historical financial statements of Shandong Huifa Foodstuff, assuming nothing else is changed. The correlation between historical values of Shandong Huifa's Retained Earnings and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shandong Huifa Foodstuff are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Retained Earnings i.e., Shandong Huifa's Retained Earnings and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
Most indicators from Shandong Huifa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Huifa Foodstuff 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 Shandong Huifa Foodstuff. 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 144.6 M. The current year's Tax Provision is expected to grow to about 8 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.4B1.4B1.6B1.0B
Research Development20.5M21.5M19.6M14.9M

Shandong Huifa fundamental ratios Correlations

-0.50.890.740.670.060.760.930.54-0.660.860.940.470.850.640.840.90.67-0.860.790.3-0.860.810.91-0.870.55
-0.5-0.21-0.7-0.59-0.14-0.15-0.28-0.480.56-0.71-0.470.21-0.16-0.69-0.57-0.46-0.730.72-0.310.080.56-0.2-0.50.66-0.16
0.89-0.210.370.3-0.310.940.910.65-0.530.630.790.380.980.290.810.870.32-0.630.920.2-0.690.960.84-0.710.69
0.74-0.70.370.880.560.180.60.13-0.720.870.810.440.270.90.590.50.96-0.90.310.36-0.840.30.72-0.80.14
0.67-0.590.30.880.660.090.510.02-0.440.760.70.450.260.830.390.510.78-0.710.140.32-0.610.160.52-0.60.14
0.06-0.14-0.310.560.66-0.520.02-0.650.010.230.20.53-0.350.56-0.18-0.150.43-0.21-0.510.38-0.11-0.4-0.050.01-0.26
0.76-0.150.940.180.09-0.520.730.69-0.440.540.620.140.940.050.790.840.18-0.50.910.02-0.540.90.71-0.620.68
0.93-0.280.910.60.510.020.730.47-0.580.680.920.590.860.530.740.750.52-0.740.780.36-0.830.880.89-0.760.55
0.54-0.480.650.130.02-0.650.690.47-0.410.370.34-0.310.670.220.620.680.17-0.380.79-0.22-0.430.640.52-0.550.32
-0.660.56-0.53-0.72-0.440.01-0.44-0.58-0.41-0.77-0.74-0.27-0.37-0.56-0.76-0.45-0.820.89-0.63-0.280.88-0.59-0.850.9-0.36
0.86-0.710.630.870.760.230.540.680.37-0.770.870.330.550.680.860.760.87-0.950.570.26-0.840.560.85-0.90.53
0.94-0.470.790.810.70.20.620.920.34-0.740.870.560.710.630.790.720.77-0.910.680.46-0.930.760.95-0.880.52
0.470.210.380.440.450.530.140.59-0.31-0.270.330.560.320.390.180.210.32-0.380.170.66-0.410.360.44-0.280.34
0.85-0.160.980.270.26-0.350.940.860.67-0.370.550.710.320.220.730.890.19-0.510.880.14-0.570.910.74-0.610.68
0.64-0.690.290.90.830.560.050.530.22-0.560.680.630.390.220.430.440.8-0.730.230.2-0.680.20.55-0.65-0.03
0.84-0.570.810.590.39-0.180.790.740.62-0.760.860.790.180.730.430.80.62-0.840.780.14-0.80.80.87-0.870.64
0.9-0.460.870.50.51-0.150.840.750.68-0.450.760.720.210.890.440.80.43-0.650.790.13-0.620.730.72-0.710.58
0.67-0.730.320.960.780.430.180.520.17-0.820.870.770.320.190.80.620.43-0.910.340.37-0.860.30.74-0.850.16
-0.860.72-0.63-0.9-0.71-0.21-0.5-0.74-0.380.89-0.95-0.91-0.38-0.51-0.73-0.84-0.65-0.91-0.62-0.290.93-0.63-0.920.96-0.47
0.79-0.310.920.310.14-0.510.910.780.79-0.630.570.680.170.880.230.780.790.34-0.620.11-0.690.940.83-0.750.61
0.30.080.20.360.320.380.020.36-0.22-0.280.260.460.660.140.20.140.130.37-0.290.11-0.40.210.38-0.270.23
-0.860.56-0.69-0.84-0.61-0.11-0.54-0.83-0.430.88-0.84-0.93-0.41-0.57-0.68-0.8-0.62-0.860.93-0.69-0.4-0.7-0.950.96-0.35
0.81-0.20.960.30.16-0.40.90.880.64-0.590.560.760.360.910.20.80.730.3-0.630.940.21-0.70.86-0.720.73
0.91-0.50.840.720.52-0.050.710.890.52-0.850.850.950.440.740.550.870.720.74-0.920.830.38-0.950.86-0.950.61
-0.870.66-0.71-0.8-0.60.01-0.62-0.76-0.550.9-0.9-0.88-0.28-0.61-0.65-0.87-0.71-0.850.96-0.75-0.270.96-0.72-0.95-0.45
0.55-0.160.690.140.14-0.260.680.550.32-0.360.530.520.340.68-0.030.640.580.16-0.470.610.23-0.350.730.61-0.45
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Shandong Huifa Account Relationship Matchups

Shandong Huifa fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.5B1.6B1.4B1.3B
Other Current Liab17.1M57.7M49.2M58.8M981.8K932.7K
Total Current Liabilities498.9M702.5M782.1M1.1B821.1M628.7M
Total Stockholder Equity644.5M670.3M590.7M495.5M503.0M539.2M
Other Liab24.9M26.8M22.2M15.2M17.5M21.6M
Retained Earnings299.1M318.8M165.5M45.6M26.1M24.8M
Accounts Payable113.5M134.4M209.3M267.2M247.7M149.9M
Cash216.4M290.5M259.4M383.4M208.9M224.9M
Other Assets19.5M18.7M36.0M62.0M71.3M74.9M
Long Term Debt39.0M51.3M22.0M29.4M26.5M25.1M
Net Receivables172.0M164.2M166.1M134.3M206.2M125.2M
Inventory158.5M201.6M167.7M200.5M145.7M145.5M
Other Current Assets13.6M25.2M18.5M15.4M3.6M3.5M
Total Liab575.0M741.6M847.1M1.1B896.1M734.9M
Intangible Assets83.7M83.9M81.6M77.6M72.7M83.4M
Property Plant Equipment560.4M626.6M694.6M711.9M818.7M631.4M
Net Tangible Assets560.9M586.5M509.1M417.9M480.6M525.8M
Deferred Long Term Liab3.9M3.4M2.9M4.2M3.8M6.3M
Non Current Assets Total664.2M730.2M814.1M852.4M806.1M795.2M
Non Currrent Assets Other7.9M634.4M8.1M14.0M7.6M7.2M
Non Current Liabilities Total76.1M39.1M65.0M31.7M75.1M56.6M
Short Long Term Debt272.3M408.7M451.7M670.6M446.0M382.5M
Total Current Assets560.4M690.9M636.7M754.3M613.7M617.3M
Non Current Liabilities Other44.5M12.3M7.2M3.0M2.7M2.5M
Net Invested Capital961.3M1.1B1.1B1.2B978.4M1.1B
Net Working Capital61.5M(11.5M)(145.4M)(313.1M)(207.4M)(197.0M)
Net Debt100.4M118.2M214.3M287.2M266.5M191.6M

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Other Information on Investing in Shandong Stock

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