Shenzhen Total Stockholder Equity vs Property Plant And Equipment Net Analysis

688518 Stock   16.74  0.08  0.48%   
Shenzhen United financial indicator trend analysis is much more than just breaking down Shenzhen United Winners prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen United Winners is a good investment. Please check the relationship between Shenzhen United Total Stockholder Equity and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen United Winners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

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

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Shenzhen United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen United Winners 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 Shenzhen United Winners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 283.1 M, whereas Tax Provision is forecasted to decline to about 19.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.2M3.7M7.4M3.9M
Depreciation And Amortization52.9M117.7M135.3M142.1M

Shenzhen United fundamental ratios Correlations

0.890.240.890.980.990.070.990.990.911.00.580.87-0.50.88-0.540.830.890.910.880.850.830.46-0.870.920.97
0.890.150.790.850.880.440.880.880.830.890.280.75-0.580.79-0.190.630.790.791.00.760.690.37-0.660.730.9
0.240.150.510.090.22-0.20.140.31-0.180.270.370.42-0.090.55-0.180.460.510.410.140.390.410.71-0.150.380.21
0.890.790.510.810.880.060.840.910.680.90.540.87-0.321.0-0.470.871.00.980.780.880.840.62-0.70.940.88
0.980.850.090.810.96-0.020.990.950.950.960.640.87-0.560.79-0.560.830.810.860.840.850.850.26-0.910.90.93
0.990.880.220.880.960.120.980.990.911.00.510.81-0.420.88-0.550.770.880.890.880.810.760.52-0.840.910.99
0.070.44-0.20.06-0.020.120.060.080.10.1-0.73-0.150.030.070.4-0.330.06-0.020.45-0.07-0.250.170.34-0.190.22
0.990.880.140.840.990.980.060.970.940.980.580.86-0.550.83-0.570.820.840.880.880.860.820.36-0.880.90.96
0.990.880.310.910.950.990.080.970.871.00.550.85-0.430.91-0.550.810.910.910.870.830.80.55-0.840.920.98
0.910.83-0.180.680.950.910.10.940.870.890.470.71-0.480.65-0.470.650.680.740.820.690.680.15-0.840.790.89
1.00.890.270.90.961.00.10.981.00.890.540.84-0.450.9-0.560.80.90.910.880.840.80.52-0.840.920.99
0.580.280.370.540.640.51-0.730.580.550.470.540.77-0.50.54-0.570.850.540.630.260.680.830.07-0.820.740.41
0.870.750.420.870.870.81-0.150.860.850.710.840.77-0.60.87-0.480.960.870.920.740.940.990.27-0.790.90.76
-0.5-0.58-0.09-0.32-0.56-0.420.03-0.55-0.43-0.48-0.45-0.5-0.6-0.310.19-0.51-0.32-0.4-0.58-0.59-0.630.170.62-0.41-0.39
0.880.790.551.00.790.880.070.830.910.650.90.540.87-0.31-0.460.861.00.970.780.860.830.66-0.680.920.87
-0.54-0.19-0.18-0.47-0.56-0.550.4-0.57-0.55-0.47-0.56-0.57-0.480.19-0.46-0.55-0.47-0.51-0.18-0.5-0.48-0.30.63-0.62-0.51
0.830.630.460.870.830.77-0.330.820.810.650.80.850.96-0.510.86-0.550.870.930.620.950.970.3-0.830.930.72
0.890.790.511.00.810.880.060.840.910.680.90.540.87-0.321.0-0.470.870.980.780.880.840.62-0.70.940.88
0.910.790.410.980.860.89-0.020.880.910.740.910.630.92-0.40.97-0.510.930.980.780.930.90.48-0.770.970.87
0.881.00.140.780.840.880.450.880.870.820.880.260.74-0.580.78-0.180.620.780.780.750.680.37-0.650.720.9
0.850.760.390.880.850.81-0.070.860.830.690.840.680.94-0.590.86-0.50.950.880.930.750.930.28-0.760.890.78
0.830.690.410.840.850.76-0.250.820.80.680.80.830.99-0.630.83-0.480.970.840.90.680.930.21-0.820.890.71
0.460.370.710.620.260.520.170.360.550.150.520.070.270.170.66-0.30.30.620.480.370.280.21-0.230.480.55
-0.87-0.66-0.15-0.7-0.91-0.840.34-0.88-0.84-0.84-0.84-0.82-0.790.62-0.680.63-0.83-0.7-0.77-0.65-0.76-0.82-0.23-0.89-0.78
0.920.730.380.940.90.91-0.190.90.920.790.920.740.9-0.410.92-0.620.930.940.970.720.890.890.48-0.890.87
0.970.90.210.880.930.990.220.960.980.890.990.410.76-0.390.87-0.510.720.880.870.90.780.710.55-0.780.87
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Shenzhen United Account Relationship Matchups

Shenzhen United fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.5B4.0B5.7B7.0B7.3B
Short Long Term Debt Total42.5M3.4M40.1M242.6M278.9M292.9M
Other Current Liab390.3M597.9M1.4B2.0B62.2M59.1M
Total Current Liabilities704.8M1.1B2.5B3.9B3.9B2.0B
Total Stockholder Equity875.2M1.4B1.5B1.8B3.0B3.2B
Property Plant And Equipment Net27.9M119.5M323.8M579.7M731.2M767.8M
Net Debt(58.1M)(305.9M)(209.1M)(34.3M)(30.9M)(32.4M)
Retained Earnings263.1M329.0M378.7M580.7M801.3M841.4M
Accounts Payable273.2M486.0M1.1B1.6B1.7B1.8B
Cash100.6M309.3M249.2M276.9M986.3M1.0B
Non Current Assets Total123.8M213.8M490.5M831.0M951.8M999.4M
Cash And Short Term Investments219.4M864.7M653.5M372.2M428.0M387.2M
Common Stock Shares Outstanding225.2M257.6M296.8M300.9M339.0M270.1M
Liabilities And Stockholders Equity1.6B2.5B4.0B5.7B6.5B6.8B
Non Current Liabilities Total15.7M12.8M22.5M15.6M17.8M13.8M
Inventory572.2M775.1M1.8B2.6B2.5B1.4B
Other Current Assets11.1M20.5M50.4M77.2M22.8M21.7M
Other Stockholder Equity387.7M812.8M841.0M898.3M1.0B546.9M
Total Liab720.5M1.1B2.5B3.9B4.0B2.0B
Total Current Assets1.5B2.3B3.5B4.8B6.0B3.0B
Short Term Debt41.2M717.1K30.2M238.8M274.6M288.3M
Intangible Assets69.9M67.5M68.1M104.6M113.1M71.8M

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Other Information on Investing in Shenzhen Stock

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