Changchun Retained Earnings vs Current Deferred Revenue Analysis

000661 Stock

113.01 0.79 0.69%

Changchun High financial indicator trend analysis is way more than just evaluating Changchun High New prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun High New is a good investment. Please check the relationship between Changchun High Retained Earnings and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun High New. 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 Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun High New Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have very week relationship.

The correlation between Changchun High's Retained Earnings and Current Deferred Revenue is 0.23. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Changchun High New, assuming nothing else is changed. The correlation between historical values of Changchun High's Retained Earnings and Current Deferred Revenue 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 Changchun High New are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Changchun High's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.23

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from Changchun High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun High New 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 Changchun High New. 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 3.2 B, whereas Tax Provision is forecasted to decline to about 528.1 M.

	2021	2022	2023	2024 (projected)
Operating Income	4.8B	5.1B	5.8B	6.1B
Total Revenue	10.7B	12.6B	14.6B	15.3B

Operating Income Total Revenue

Changchun High fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Other Stockholder Equity	Short Term Debt	Common Stock	Short Term Investments	Other Assets
Total Assets		0.75	0.97	1.0	0.98	0.99	0.73	0.83	0.31	0.97	1.0	0.98	0.95	0.33	-0.99	0.99	0.99	0.99	0.99	0.98	0.99	0.75	0.85	0.95	-0.04	-0.09
Other Current Liab	0.75		0.78	0.76	0.79	0.76	0.48	0.39	0.45	0.71	0.75	0.73	0.59	-0.25	-0.74	0.76	0.72	0.72	0.72	0.72	0.71	0.56	0.7	0.56	0.01	-0.02
Total Current Liabilities	0.97	0.78		0.95	0.92	0.94	0.73	0.8	0.36	0.99	0.98	0.9	0.9	0.39	-0.97	0.92	0.93	0.96	0.96	0.97	0.95	0.85	0.86	0.9	0.03	0.07
Total Stockholder Equity	1.0	0.76	0.95		0.99	1.0	0.7	0.81	0.32	0.95	0.99	0.99	0.95	0.3	-0.98	0.99	0.99	0.99	0.99	0.97	0.98	0.73	0.86	0.94	-0.03	-0.11
Property Plant And Equipment Net	0.98	0.79	0.92	0.99		0.99	0.62	0.73	0.3	0.91	0.97	0.99	0.92	0.19	-0.97	1.0	0.98	0.98	0.97	0.93	0.95	0.64	0.87	0.89	-0.01	-0.19
Non Current Assets Total	0.99	0.76	0.94	1.0	0.99		0.7	0.81	0.27	0.94	0.98	0.99	0.95	0.27	-0.97	1.0	0.99	0.98	0.98	0.96	0.98	0.68	0.85	0.93	-0.05	-0.15
Non Currrent Assets Other	0.73	0.48	0.73	0.7	0.62	0.7		0.92	-0.05	0.8	0.74	0.64	0.74	0.5	-0.69	0.66	0.68	0.7	0.7	0.82	0.76	0.72	0.42	0.78	-0.04	0.06
Non Current Liabilities Total	0.83	0.39	0.8	0.81	0.73	0.81	0.92		0.0	0.88	0.84	0.78	0.89	0.68	-0.81	0.77	0.8	0.83	0.83	0.88	0.86	0.74	0.56	0.91	-0.09	0.0
Other Current Assets	0.31	0.45	0.36	0.32	0.3	0.27	-0.05	0.0		0.28	0.34	0.26	0.11	-0.03	-0.31	0.28	0.27	0.27	0.27	0.22	0.28	0.55	0.24	0.2	-0.3	0.06
Total Liab	0.97	0.71	0.99	0.95	0.91	0.94	0.8	0.88	0.28		0.98	0.91	0.93	0.48	-0.96	0.92	0.94	0.97	0.97	0.98	0.97	0.86	0.82	0.94	0.0	0.05
Total Current Assets	1.0	0.75	0.98	0.99	0.97	0.98	0.74	0.84	0.34	0.98		0.96	0.95	0.38	-0.99	0.97	0.98	0.99	0.99	0.98	0.99	0.8	0.85	0.95	-0.03	-0.04
Intangible Assets	0.98	0.73	0.9	0.99	0.99	0.99	0.64	0.78	0.26	0.91	0.96		0.95	0.24	-0.95	1.0	0.98	0.97	0.97	0.93	0.97	0.62	0.85	0.93	-0.09	-0.16
Short Long Term Debt Total	0.95	0.59	0.9	0.95	0.92	0.95	0.74	0.89	0.11	0.93	0.95	0.95		0.45	-0.92	0.94	0.93	0.96	0.95	0.96	0.95	0.67	0.85	0.99	0.0	-0.01
Current Deferred Revenue	0.33	-0.25	0.39	0.3	0.19	0.27	0.5	0.68	-0.03	0.48	0.38	0.24	0.45		-0.35	0.23	0.31	0.37	0.37	0.4	0.39	0.59	0.17	0.51	-0.08	0.25
Net Debt	-0.99	-0.74	-0.97	-0.98	-0.97	-0.97	-0.69	-0.81	-0.31	-0.96	-0.99	-0.95	-0.92	-0.35		-0.97	-0.98	-0.99	-0.99	-0.95	-0.96	-0.77	-0.86	-0.9	-0.05	0.14
Retained Earnings	0.99	0.76	0.92	0.99	1.0	1.0	0.66	0.77	0.28	0.92	0.97	1.0	0.94	0.23	-0.97		0.98	0.98	0.98	0.94	0.97	0.65	0.87	0.92	-0.03	-0.16
Accounts Payable	0.99	0.72	0.93	0.99	0.98	0.99	0.68	0.8	0.27	0.94	0.98	0.98	0.93	0.31	-0.98	0.98		0.98	0.98	0.93	0.98	0.69	0.83	0.91	-0.05	-0.19
Cash	0.99	0.72	0.96	0.99	0.98	0.98	0.7	0.83	0.27	0.97	0.99	0.97	0.96	0.37	-0.99	0.98	0.98		1.0	0.97	0.97	0.74	0.88	0.94	0.04	-0.12
Cash And Short Term Investments	0.99	0.72	0.96	0.99	0.97	0.98	0.7	0.83	0.27	0.97	0.99	0.97	0.95	0.37	-0.99	0.98	0.98	1.0		0.97	0.97	0.75	0.88	0.93	0.06	-0.12
Net Receivables	0.98	0.72	0.97	0.97	0.93	0.96	0.82	0.88	0.22	0.98	0.98	0.93	0.96	0.4	-0.95	0.94	0.93	0.97	0.97		0.96	0.79	0.84	0.96	0.03	0.02
Inventory	0.99	0.71	0.95	0.98	0.95	0.98	0.76	0.86	0.28	0.97	0.99	0.97	0.95	0.39	-0.96	0.97	0.98	0.97	0.97	0.96		0.76	0.79	0.95	-0.14	-0.02
Other Stockholder Equity	0.75	0.56	0.85	0.73	0.64	0.68	0.72	0.74	0.55	0.86	0.8	0.62	0.67	0.59	-0.77	0.65	0.69	0.74	0.75	0.79	0.76		0.56	0.73	-0.06	0.21
Short Term Debt	0.85	0.7	0.86	0.86	0.87	0.85	0.42	0.56	0.24	0.82	0.85	0.85	0.85	0.17	-0.86	0.87	0.83	0.88	0.88	0.84	0.79	0.56		0.79	0.33	0.01
Common Stock	0.95	0.56	0.9	0.94	0.89	0.93	0.78	0.91	0.2	0.94	0.95	0.93	0.99	0.51	-0.9	0.92	0.91	0.94	0.93	0.96	0.95	0.73	0.79		-0.11	0.06
Short Term Investments	-0.04	0.01	0.03	-0.03	-0.01	-0.05	-0.04	-0.09	-0.3	0.0	-0.03	-0.09	0.0	-0.08	-0.05	-0.03	-0.05	0.04	0.06	0.03	-0.14	-0.06	0.33	-0.11		-0.13
Other Assets	-0.09	-0.02	0.07	-0.11	-0.19	-0.15	0.06	0.0	0.06	0.05	-0.04	-0.16	-0.01	0.25	0.14	-0.16	-0.19	-0.12	-0.12	0.02	-0.02	0.21	0.01	0.06	-0.13

Click cells to compare fundamentals

Changchun High Account Relationship Matchups

Changchun High fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.7B	16.8B	22.5B	26.0B	30.7B	32.3B
Other Current Liab	1.2B	556.0M	322.8M	2.3B	2.6B	2.7B
Total Current Liabilities	3.2B	3.5B	3.8B	3.8B	4.8B	5.0B
Total Stockholder Equity	8.1B	10.9B	14.6B	18.0B	22.1B	23.2B
Property Plant And Equipment Net	2.4B	2.7B	4.4B	5.6B	7.7B	8.1B
Non Current Assets Total	4.0B	5.8B	8.5B	10.7B	12.6B	13.2B
Non Currrent Assets Other	665.9M	703.2M	840.8M	1.3B	424.4M	445.6M
Liabilities And Stockholders Equity	12.7B	16.8B	22.5B	26.0B	30.7B	32.3B
Non Current Liabilities Total	696.9M	1.1B	1.5B	1.4B	791.8M	831.3M
Other Current Assets	190.2M	175.5M	126.8M	175.0M	819.2M	860.1M
Total Liab	3.9B	4.5B	5.3B	5.2B	5.6B	5.9B
Total Current Assets	8.7B	11.1B	14.0B	15.3B	18.2B	19.1B
Intangible Assets	451.0M	1.2B	1.8B	2.2B	2.9B	3.0B
Short Long Term Debt Total	583.0M	1.4B	1.5B	1.4B	1.7B	1.8B
Current Deferred Revenue	1.2B	1.9B	2.5B	548.2M	375.1M	479.3M
Net Debt	(3.2B)	(2.5B)	(4.2B)	(4.1B)	(5.9B)	(5.6B)
Retained Earnings	4.2B	6.9B	10.0B	13.4B	17.1B	18.0B
Accounts Payable	300.6M	313.9M	623.8M	628.5M	790.6M	830.2M
Cash	3.7B	4.0B	5.7B	5.6B	7.6B	8.0B
Cash And Short Term Investments	3.9B	4.0B	5.7B	5.6B	7.6B	8.0B
Net Receivables	2.9B	3.9B	3.8B	4.9B	4.8B	5.0B
Inventory	1.8B	3.0B	4.4B	4.7B	5.0B	5.2B
Other Stockholder Equity	3.0B	2.8B	3.0B	2.7B	2.5B	2.6B
Short Term Debt	515.4M	660.4M	332.2M	318.5M	1.0B	1.1B
Short Term Investments	215.9M	10.3M	(129.3M)	(93.4M)	10.0M	10.5M
Other Assets	426.5M	683.6M	1.0	1.0B	1.15	1.09
Other Liab	161.5M	179.3M	274.4M	297.1M	341.7M	358.8M
Long Term Debt	67.6M	779.4M	1.2B	1.1B	626.6M	658.0M
Property Plant Equipment	1.7B	2.4B	2.7B	4.4B	5.0B	5.3B
Net Tangible Assets	5.1B	7.8B	9.9B	13.1B	15.1B	15.8B
Deferred Long Term Liab	152.4M	191.8M	231.0M	452.5M	520.3M	546.4M
Short Long Term Debt	515M	660M	80M	89M	144.5M	258.6M
Non Current Liabilities Other	11.8M	450M	253.1K	307.0K	172.9K	164.3K
Net Invested Capital	8.7B	12.4B	15.8B	19.2B	22.8B	14.0B
Net Working Capital	5.5B	7.6B	10.3B	11.5B	13.4B	8.7B

Also Currently Popular

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Other Information on Investing in Changchun Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Changchun Retained Earnings vs Current Deferred Revenue Analysis

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Retained Earnings

Current Deferred Revenue

Changchun High fundamental ratios Correlations

Changchun High Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Changchun High fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Changchun Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 1.0	Property Plant And Equipment Net
Retained Earnings	+ 1.0	Non Current Assets Total
Retained Earnings	+ 1.0	Intangible Assets

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.99	Total Current Assets
Net Debt	- 0.99	Total Assets
Accounts Payable	- 0.98	Net Debt
Net Debt	- 0.98	Total Stockholder Equity