Shanghai Total Current Assets vs Total Stockholder Equity Analysis

605128 Stock   38.22  0.65  1.67%   
Shanghai Yanpu financial indicator trend analysis is much more than just breaking down Shanghai Yanpu Metal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Yanpu Metal is a good investment. Please check the relationship between Shanghai Yanpu Total Current Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Yanpu Metal. 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 Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Yanpu Metal Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Yanpu's Total Current Assets and Total Stockholder Equity is 0.96. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Shanghai Yanpu Metal, assuming nothing else is changed. The correlation between historical values of Shanghai Yanpu's Total Current Assets and Total Stockholder Equity 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 Current Assets of Shanghai Yanpu Metal are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., Shanghai Yanpu's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Shanghai Yanpu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Yanpu Metal 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 Yanpu Metal. 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, Selling General Administrative is expected to decline to about 21 M. In addition to that, Tax Provision is expected to decline to about 9 M
 2021 2022 2023 2024 (projected)
Gross Profit158.8M147.5M244.8M192.0M
Total Revenue826.5M1.1B1.5B962.7M

Shanghai Yanpu fundamental ratios Correlations

0.640.780.80.940.840.140.920.920.540.980.410.840.940.780.92-0.650.90.850.99-0.810.780.940.930.97-0.82
0.640.570.810.390.850.820.410.74-0.160.7-0.030.240.610.950.75-0.230.570.840.57-0.390.680.420.810.69-0.42
0.780.570.570.710.590.120.660.620.570.750.780.590.550.720.71-0.510.670.70.78-0.610.720.640.620.77-0.81
0.80.810.570.560.750.580.540.960.00.830.050.420.790.760.91-0.150.590.970.75-0.360.580.630.870.72-0.4
0.940.390.710.560.74-0.180.980.750.770.870.480.950.870.60.76-0.80.940.610.96-0.920.750.990.780.92-0.9
0.840.850.590.750.740.450.760.820.240.840.060.620.850.920.82-0.610.880.770.8-0.770.850.770.910.9-0.7
0.140.820.120.58-0.180.45-0.140.4-0.70.25-0.41-0.290.170.630.370.260.020.570.050.170.2-0.120.440.180.15
0.920.410.660.540.980.76-0.140.740.720.880.410.930.90.620.74-0.860.910.610.92-0.940.740.960.810.91-0.84
0.920.740.620.960.750.820.40.740.220.930.140.630.910.770.95-0.380.750.950.88-0.580.670.80.940.84-0.55
0.54-0.160.570.00.770.24-0.70.720.220.440.770.770.410.10.3-0.690.620.080.61-0.730.490.690.220.52-0.79
0.980.70.750.830.870.840.250.880.930.440.360.740.950.820.96-0.620.830.90.93-0.760.80.880.950.94-0.74
0.41-0.030.780.050.480.06-0.410.410.140.770.360.410.170.170.31-0.370.320.190.43-0.380.430.370.10.37-0.65
0.840.240.590.420.950.62-0.290.930.630.770.740.410.760.460.58-0.790.880.480.9-0.880.550.940.680.84-0.83
0.940.610.550.790.870.850.170.90.910.410.950.170.760.720.91-0.620.850.810.9-0.770.770.910.940.91-0.67
0.780.950.720.760.60.920.630.620.770.10.820.170.460.720.81-0.490.730.850.72-0.630.790.60.880.85-0.64
0.920.750.710.910.760.820.370.740.950.30.960.310.580.910.81-0.410.750.940.86-0.610.810.790.920.87-0.65
-0.65-0.23-0.51-0.15-0.8-0.610.26-0.86-0.38-0.69-0.62-0.37-0.79-0.62-0.49-0.41-0.76-0.28-0.660.93-0.59-0.73-0.56-0.720.76
0.90.570.670.590.940.880.020.910.750.620.830.320.880.850.730.75-0.760.620.92-0.920.840.950.810.95-0.9
0.850.840.70.970.610.770.570.610.950.080.90.190.480.810.850.94-0.280.620.79-0.460.640.650.920.8-0.49
0.990.570.780.750.960.80.050.920.880.610.930.430.90.90.720.86-0.660.920.79-0.830.750.960.880.96-0.85
-0.81-0.39-0.61-0.36-0.92-0.770.17-0.94-0.58-0.73-0.76-0.38-0.88-0.77-0.63-0.610.93-0.92-0.46-0.83-0.74-0.88-0.71-0.870.88
0.780.680.720.580.750.850.20.740.670.490.80.430.550.770.790.81-0.590.840.640.75-0.740.740.730.84-0.82
0.940.420.640.630.990.77-0.120.960.80.690.880.370.940.910.60.79-0.730.950.650.96-0.880.740.810.92-0.85
0.930.810.620.870.780.910.440.810.940.220.950.10.680.940.880.92-0.560.810.920.88-0.710.730.810.92-0.64
0.970.690.770.720.920.90.180.910.840.520.940.370.840.910.850.87-0.720.950.80.96-0.870.840.920.92-0.88
-0.82-0.42-0.81-0.4-0.9-0.70.15-0.84-0.55-0.79-0.74-0.65-0.83-0.67-0.64-0.650.76-0.9-0.49-0.850.88-0.82-0.85-0.64-0.88
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Shanghai Yanpu Account Relationship Matchups

Shanghai Yanpu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets879.6M1.4B1.4B2.2B2.5B1.4B
Short Long Term Debt Total65.9M26.0M44.1M372.4M428.2M449.6M
Other Current Liab25.5M35.9M43.9M126.4M51.0M46.2M
Total Current Liabilities361.3M352.6M359.0M663.8M889.1M548.6M
Total Stockholder Equity511.9M1.0B1.0B1.1B1.2B750.8M
Property Plant And Equipment Net235.1M251.9M311.1M491.7M691.6M726.2M
Net Debt(48.4M)(197.8M)(233.5M)143.3M308.5M324.0M
Retained Earnings274.5M351.2M366.2M397.1M473.7M293.6M
Accounts Payable269.9M290.7M295.1M518.5M752.0M405.0M
Cash114.3M223.9M277.6M229.1M57.7M54.8M
Non Current Assets Total366.0M415.3M599.3M919.5M1.1B571.3M
Non Currrent Assets Other80.3M111.9M224.9M344.1M13.8M13.1M
Cash And Short Term Investments114.3M474.9M277.6M329.1M378.5M191.7M
Common Stock Shares Outstanding60.1M65.0M80.1M80M118.4M76.3M
Liabilities And Stockholders Equity879.6M1.4B1.4B2.2B2.5B1.2B
Non Current Liabilities Total6.3M6.5M29.5M369.6M360.5M378.5M
Inventory73.2M69.3M129.2M178.9M218.1M127.2M
Other Current Assets23.4M12.1M17.2M32.2M53.5M50.8M
Other Stockholder Equity177.5M576.1M581.5M650.3M747.8M785.2M
Total Liab367.6M359.0M388.4M1.0B1.2B654.9M
Total Current Assets513.6M951.0M821.8M1.2B1.3B835.8M
Short Term Debt65.9M26.0M20.0M18.9M17.0M16.1M
Intangible Assets42.7M41.9M48.3M48.7M47.4M48.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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