Sinocelltech Property Plant And Equipment Net vs Common Stock Shares Outstanding Analysis

688520 Stock   37.21  0.79  2.08%   
Sinocelltech financial indicator trend analysis is much more than just breaking down Sinocelltech Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinocelltech Group is a good investment. Please check the relationship between Sinocelltech Property Plant And Equipment Net and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinocelltech Group. 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.

Property Plant And Equipment Net vs Common Stock Shares Outstanding

Property Plant And Equipment Net vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinocelltech Group Property Plant And Equipment Net account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sinocelltech's Property Plant And Equipment Net and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Sinocelltech Group, assuming nothing else is changed. The correlation between historical values of Sinocelltech's Property Plant And Equipment Net and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Sinocelltech Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant And Equipment Net i.e., Sinocelltech's Property Plant And Equipment Net and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Sinocelltech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinocelltech Group 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 Sinocelltech Group. 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 487.3 M
 2021 2022 2023 2024 (projected)
Interest Expense33.7M84.5M111.5M56.9M
Interest Income4.7M3.6M7.0M4.2M

Sinocelltech fundamental ratios Correlations

-0.550.95-0.570.79-0.920.770.670.930.30.910.930.950.940.580.970.970.870.960.930.9-0.470.850.880.610.88
-0.55-0.590.72-0.910.74-0.30.02-0.630.46-0.6-0.71-0.49-0.54-0.21-0.57-0.6-0.87-0.45-0.71-0.40.86-0.87-0.7-0.95-0.7
0.95-0.59-0.730.84-0.910.580.441.00.130.970.940.920.970.520.990.960.910.840.940.85-0.650.890.970.710.98
-0.570.72-0.73-0.740.74-0.290.16-0.750.15-0.77-0.65-0.69-0.77-0.56-0.73-0.56-0.81-0.39-0.65-0.40.91-0.82-0.8-0.75-0.8
0.79-0.910.84-0.74-0.90.420.220.85-0.280.850.930.690.750.320.80.860.970.670.930.72-0.830.940.880.950.88
-0.920.74-0.910.74-0.9-0.72-0.48-0.9-0.15-0.95-0.95-0.91-0.9-0.67-0.93-0.91-0.95-0.87-0.95-0.870.66-0.91-0.87-0.74-0.88
0.77-0.30.58-0.290.42-0.720.830.530.690.580.570.820.660.780.680.620.560.890.570.68-0.040.540.430.180.44
0.670.020.440.160.22-0.480.830.390.690.40.470.590.450.420.510.590.290.830.470.710.310.260.26-0.050.27
0.93-0.631.0-0.750.85-0.90.530.390.060.960.940.890.970.480.980.950.920.810.940.81-0.70.910.990.750.99
0.30.460.130.15-0.28-0.150.690.690.060.140.00.440.270.670.250.11-0.110.460.00.330.53-0.13-0.08-0.53-0.07
0.91-0.60.97-0.770.85-0.950.580.40.960.140.950.90.940.620.960.930.890.80.950.89-0.670.850.930.690.94
0.93-0.710.94-0.650.93-0.950.570.470.940.00.950.830.870.450.920.980.930.841.00.91-0.660.890.920.790.92
0.95-0.490.92-0.690.69-0.910.820.590.890.440.90.830.970.780.970.860.830.910.830.81-0.470.820.830.510.84
0.94-0.540.97-0.770.75-0.90.660.450.970.270.940.870.970.650.990.890.870.840.870.78-0.610.870.930.620.94
0.58-0.210.52-0.560.32-0.670.780.420.480.670.620.450.780.650.630.430.480.610.450.55-0.210.430.390.10.41
0.97-0.570.99-0.730.8-0.930.680.510.980.250.960.920.970.990.630.940.90.880.920.85-0.60.880.940.650.95
0.97-0.60.96-0.560.86-0.910.620.590.950.110.930.980.860.890.430.940.890.90.980.93-0.550.850.910.70.92
0.87-0.870.91-0.810.97-0.950.560.290.92-0.110.890.930.830.870.480.90.890.760.930.73-0.820.990.930.90.93
0.96-0.450.84-0.390.67-0.870.890.830.810.460.80.840.910.840.610.880.90.760.840.89-0.260.740.720.450.73
0.93-0.710.94-0.650.93-0.950.570.470.940.00.951.00.830.870.450.920.980.930.840.91-0.660.890.920.790.92
0.9-0.40.85-0.40.72-0.870.680.710.810.330.890.910.810.780.550.850.930.730.890.91-0.320.650.730.470.74
-0.470.86-0.650.91-0.830.66-0.040.31-0.70.53-0.67-0.66-0.47-0.61-0.21-0.6-0.55-0.82-0.26-0.66-0.32-0.82-0.79-0.92-0.79
0.85-0.870.89-0.820.94-0.910.540.260.91-0.130.850.890.820.870.430.880.850.990.740.890.65-0.820.930.90.93
0.88-0.70.97-0.80.88-0.870.430.260.99-0.080.930.920.830.930.390.940.910.930.720.920.73-0.790.930.831.0
0.61-0.950.71-0.750.95-0.740.18-0.050.75-0.530.690.790.510.620.10.650.70.90.450.790.47-0.920.90.830.82
0.88-0.70.98-0.80.88-0.880.440.270.99-0.070.940.920.840.940.410.950.920.930.730.920.74-0.790.931.00.82
Click cells to compare fundamentals

Sinocelltech Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Sinocelltech Stock

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