Zhuhai Inventory vs Other Stockholder Equity Analysis
000507 Stock | 5.38 0.01 0.19% |
Zhuhai Port financial indicator trend analysis is more than just analyzing Zhuhai Port current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuhai Port is a good investment. Please check the relationship between Zhuhai Port Inventory and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuhai Port Co. 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.
Inventory vs Other Stockholder Equity
Inventory vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuhai Port Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zhuhai Port's Inventory and Other Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Zhuhai Port Co, assuming nothing else is changed. The correlation between historical values of Zhuhai Port's Inventory and Other 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 Inventory of Zhuhai Port Co are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Zhuhai Port's Inventory and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Other Stockholder Equity
Most indicators from Zhuhai Port's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuhai Port 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 Zhuhai Port Co. 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 283.2 M, whereas Tax Provision is forecasted to decline to about 78.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 585.1M | 674.6M | 739.8M | 776.8M | Total Revenue | 6.4B | 5.3B | 5.5B | 5.7B |
Zhuhai Port fundamental ratios Correlations
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Zhuhai Port Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Zhuhai Port fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3B | 13.5B | 17.7B | 20.9B | 20.7B | 21.7B | |
Other Current Liab | 847.9M | 1.4B | 723.7M | 2.6B | 1.6B | 1.6B | |
Total Current Liabilities | 2.2B | 3.8B | 4.9B | 5.3B | 5.8B | 6.1B | |
Total Stockholder Equity | 5.2B | 5.2B | 5.5B | 6.5B | 6.7B | 7.0B | |
Accounts Payable | 305.8M | 324.5M | 758.6M | 588.6M | 778.9M | 817.9M | |
Cash | 1.2B | 2.2B | 2.5B | 4.1B | 2.0B | 2.1B | |
Other Assets | 268.9M | 322.6M | 457.9M | 404.6M | 465.2M | 488.5M | |
Long Term Debt | 1.4B | 3.6B | 5.0B | 5.8B | 4.7B | 5.0B | |
Net Receivables | 576.4M | 574.9M | 2.0B | 1.2B | 1.3B | 1.3B | |
Inventory | 120.6M | 133.4M | 345.1M | 331.3M | 373.3M | 392.0M | |
Other Current Assets | 183.6M | 212.8M | 178.7M | 226.1M | 1.3B | 1.3B | |
Total Liab | 3.6B | 7.6B | 10.3B | 11.8B | 11.2B | 11.7B | |
Intangible Assets | 218.3M | 927.6M | 1.3B | 1.3B | 1.3B | 1.3B | |
Property Plant Equipment | 3.5B | 5.3B | 6.0B | 7.8B | 9.0B | 9.5B | |
Retained Earnings | 1.5B | 1.7B | 2.1B | 2.2B | 2.2B | 2.3B | |
Other Liab | 45.1M | 238.2M | 355.4M | 603.5M | 694.0M | 728.7M | |
Good Will | 36.1M | 703.5M | 1.3B | 1.3B | 1.5B | 1.6B | |
Net Tangible Assets | 4.9B | 3.6B | 3.0B | 3.9B | 4.5B | 3.5B | |
Other Stockholder Equity | 1.1B | 976.0M | 904.0M | 2.0B | 2.2B | 2.4B | |
Deferred Long Term Liab | 52.7M | 78.9M | 69.7M | 95.0M | 109.3M | 114.8M | |
Short Long Term Debt | 709.8M | 881.0M | 1.2B | 1.4B | 1.2B | 789.3M | |
Total Current Assets | 2.3B | 3.5B | 5.1B | 6.4B | 6.1B | 3.4B | |
Non Current Assets Total | 6.9B | 10.0B | 12.6B | 14.5B | 14.6B | 10.1B | |
Non Currrent Assets Other | 29.7M | 49.4M | 88.7M | 50.1M | 35.6M | 48.4M | |
Non Current Liabilities Total | 1.4B | 3.8B | 5.4B | 6.4B | 5.3B | 3.8B | |
Non Current Liabilities Other | 1.3B | 6M | 52.3M | 57.7M | 60.6M | 57.6M | |
Net Debt | 835.7M | 2.2B | 3.7B | 3.0B | 4.0B | 2.6B | |
Net Invested Capital | 7.2B | 9.7B | 11.7B | 13.6B | 12.6B | 10.1B | |
Net Working Capital | 152.2M | (350.1M) | 173.4M | 1.1B | 244.3M | 189.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Zhuhai Stock
Balance Sheet is a snapshot of the financial position of Zhuhai Port at a specified time, usually calculated after every quarter, six months, or one year. Zhuhai Port Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhuhai Port 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 Zhuhai currently owns. An asset can also be divided into two categories, current and non-current.