Zhengzhou Net Receivables vs Cash And Short Term Investments Analysis

001215 Stock

36.20 0.43 1.20%

Zhengzhou Qianweiyangchu financial indicator trend analysis is more than just analyzing Zhengzhou Qianweiyangchu current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhengzhou Qianweiyangchu is a good investment. Please check the relationship between Zhengzhou Qianweiyangchu Net Receivables and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhengzhou Qianweiyangchu Food. 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.

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Qianweiyangchu Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhengzhou Qianweiyangchu's Net Receivables and Cash And Short Term Investments is 0.73. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Zhengzhou Qianweiyangchu Food, assuming nothing else is changed. The correlation between historical values of Zhengzhou Qianweiyangchu's Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Zhengzhou Qianweiyangchu Food are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Zhengzhou Qianweiyangchu's Net Receivables and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Zhengzhou Qianweiyangchu balance sheet. This account contains Zhengzhou Qianweiyangchu investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Zhengzhou Qianweiyangchu Food fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Zhengzhou Qianweiyangchu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhengzhou Qianweiyangchu 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 Zhengzhou Qianweiyangchu Food. 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 231.7 M, whereas Tax Provision is forecasted to decline to about 31.4 M.

	2021	2022	2023	2024 (projected)
Gross Profit	284.8M	348.5M	450.5M	284.2M
Total Revenue	1.3B	1.5B	1.9B	1.2B

Gross Profit Total Revenue

Zhengzhou Qianweiyangchu fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Other Assets	Net Receivables
Total Assets		0.26	0.94	0.99	0.98	0.24	1.0	0.99	0.44	0.99	0.4	0.61	0.92	1.0	0.19	0.96	0.96	0.94	0.71	0.95	0.95	0.86	-0.89	0.96	0.92	0.9
Other Current Liab	0.26		0.46	0.2	0.34	0.52	0.22	0.22	-0.2	0.31	0.61	-0.3	0.21	0.24	0.33	0.17	0.37	0.12	-0.3	0.08	0.07	-0.16	-0.24	0.15	0.08	-0.16
Total Current Liabilities	0.94	0.46		0.88	0.98	0.51	0.93	0.94	0.15	0.97	0.36	0.31	0.89	0.94	0.28	0.82	0.98	0.78	0.61	0.8	0.85	0.75	-0.85	0.82	0.75	0.76
Total Stockholder Equity	0.99	0.2	0.88		0.95	0.11	0.99	0.96	0.55	0.96	0.39	0.7	0.86	0.99	0.1	0.99	0.9	0.97	0.71	0.98	0.95	0.86	-0.9	0.99	0.96	0.92
Property Plant And Equipment Net	0.98	0.34	0.98	0.95		0.4	0.98	0.98	0.27	1.0	0.34	0.46	0.93	0.98	0.27	0.9	0.98	0.86	0.71	0.89	0.91	0.81	-0.88	0.9	0.84	0.86
Net Debt	0.24	0.52	0.51	0.11	0.4		0.25	0.33	-0.72	0.37	0.05	-0.56	0.42	0.24	0.44	-0.01	0.48	-0.1	0.16	-0.04	0.1	0.1	-0.23	-0.01	-0.14	0.05
Retained Earnings	1.0	0.22	0.93	0.99	0.98	0.25		0.99	0.42	0.99	0.35	0.62	0.91	1.0	0.16	0.96	0.95	0.93	0.75	0.96	0.95	0.86	-0.9	0.96	0.91	0.92
Accounts Payable	0.99	0.22	0.94	0.96	0.98	0.33	0.99		0.35	0.99	0.35	0.56	0.94	0.99	0.16	0.92	0.97	0.89	0.76	0.92	0.95	0.88	-0.88	0.92	0.87	0.91
Cash	0.44	-0.2	0.15	0.55	0.27	-0.72	0.42	0.35		0.3	0.44	0.9	0.22	0.42	-0.33	0.63	0.18	0.72	0.18	0.63	0.55	0.48	-0.4	0.63	0.7	0.47
Non Current Assets Total	0.99	0.31	0.97	0.96	1.0	0.37	0.99	0.99	0.3		0.35	0.5	0.94	0.99	0.25	0.91	0.98	0.87	0.72	0.91	0.92	0.83	-0.88	0.91	0.86	0.88
Non Currrent Assets Other	0.4	0.61	0.36	0.39	0.34	0.05	0.35	0.35	0.44	0.35		0.26	0.37	0.34	0.19	0.41	0.38	0.47	-0.25	0.32	0.4	0.2	-0.31	0.38	0.37	0.06
Cash And Short Term Investments	0.61	-0.3	0.31	0.7	0.46	-0.56	0.62	0.56	0.9	0.5	0.26		0.44	0.61	-0.27	0.78	0.37	0.81	0.56	0.8	0.69	0.61	-0.48	0.77	0.85	0.73
Non Current Liabilities Total	0.92	0.21	0.89	0.86	0.93	0.42	0.91	0.94	0.22	0.94	0.37	0.44		0.9	0.43	0.81	0.96	0.78	0.72	0.81	0.89	0.82	-0.72	0.8	0.77	0.83
Inventory	1.0	0.24	0.94	0.99	0.98	0.24	1.0	0.99	0.42	0.99	0.34	0.61	0.9		0.14	0.96	0.95	0.93	0.74	0.96	0.95	0.85	-0.9	0.96	0.92	0.91
Other Current Assets	0.19	0.33	0.28	0.1	0.27	0.44	0.16	0.16	-0.33	0.25	0.19	-0.27	0.43	0.14		0.05	0.35	0.02	0.01	0.03	0.05	0.05	-0.09	0.04	0.01	0.03
Other Stockholder Equity	0.96	0.17	0.82	0.99	0.9	-0.01	0.96	0.92	0.63	0.91	0.41	0.78	0.81	0.96	0.05		0.84	0.98	0.69	0.99	0.93	0.81	-0.86	1.0	0.98	0.9
Total Liab	0.96	0.37	0.98	0.9	0.98	0.48	0.95	0.97	0.18	0.98	0.38	0.37	0.96	0.95	0.35	0.84		0.8	0.67	0.83	0.89	0.8	-0.82	0.83	0.78	0.81
Total Current Assets	0.94	0.12	0.78	0.97	0.86	-0.1	0.93	0.89	0.72	0.87	0.47	0.81	0.78	0.93	0.02	0.98	0.8		0.61	0.98	0.94	0.84	-0.85	0.98	0.98	0.88
Intangible Assets	0.71	-0.3	0.61	0.71	0.71	0.16	0.75	0.76	0.18	0.72	-0.25	0.56	0.72	0.74	0.01	0.69	0.67	0.61		0.75	0.71	0.72	-0.55	0.69	0.69	0.91
Common Stock	0.95	0.08	0.8	0.98	0.89	-0.04	0.96	0.92	0.63	0.91	0.32	0.8	0.81	0.96	0.03	0.99	0.83	0.98	0.75		0.93	0.84	-0.85	0.99	0.99	0.94
Common Stock Shares Outstanding	0.95	0.07	0.85	0.95	0.91	0.1	0.95	0.95	0.55	0.92	0.4	0.69	0.89	0.95	0.05	0.93	0.89	0.94	0.71	0.93		0.94	-0.83	0.92	0.91	0.91
Short Long Term Debt Total	0.86	-0.16	0.75	0.86	0.81	0.1	0.86	0.88	0.48	0.83	0.2	0.61	0.82	0.85	0.05	0.81	0.8	0.84	0.72	0.84	0.94		-0.83	0.82	0.78	0.9
Other Liab	-0.89	-0.24	-0.85	-0.9	-0.88	-0.23	-0.9	-0.88	-0.4	-0.88	-0.31	-0.48	-0.72	-0.9	-0.09	-0.86	-0.82	-0.85	-0.55	-0.85	-0.83	-0.83		-0.88	-0.77	-0.8
Net Tangible Assets	0.96	0.15	0.82	0.99	0.9	-0.01	0.96	0.92	0.63	0.91	0.38	0.77	0.8	0.96	0.04	1.0	0.83	0.98	0.69	0.99	0.92	0.82	-0.88		0.98	0.91
Other Assets	0.92	0.08	0.75	0.96	0.84	-0.14	0.91	0.87	0.7	0.86	0.37	0.85	0.77	0.92	0.01	0.98	0.78	0.98	0.69	0.99	0.91	0.78	-0.77	0.98		0.9
Net Receivables	0.9	-0.16	0.76	0.92	0.86	0.05	0.92	0.91	0.47	0.88	0.06	0.73	0.83	0.91	0.03	0.9	0.81	0.88	0.91	0.94	0.91	0.9	-0.8	0.91	0.9

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Zhengzhou Qianweiyangchu Account Relationship Matchups

Zhengzhou Qianweiyangchu fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	838.2M	955.6M	1.3B	1.6B	1.8B	1.2B
Other Current Liab	172.6M	143.8M	157.3M	132.2M	1.2M	1.1M
Total Current Liabilities	330.5M	304.5M	326.4M	350.2M	375.8M	315.9M
Total Stockholder Equity	405.8M	582.4M	953.7M	1.1B	1.2B	758.2M
Property Plant And Equipment Net	494.1M	543.7M	651.5M	745.6M	963.3M	583.8M
Net Debt	(49.0M)	(43.7M)	(264.4M)	(200.9M)	(180.8M)	(189.8M)
Retained Earnings	182.6M	254.7M	336.2M	417.1M	526.2M	298.2M
Accounts Payable	127.9M	141.8M	143.7M	191.3M	221.9M	156.7M
Cash	79.0M	117.4M	332.1M	381.1M	282.2M	248.2M
Non Current Assets Total	574.9M	622.5M	747.5M	917.4M	1.2B	703.9M
Non Currrent Assets Other	39.6M	36.0M	52.5M	119.9M	13.8M	13.1M
Cash And Short Term Investments	79.0M	117.4M	332.1M	381.1M	438.3M	237.8M
Liabilities And Stockholders Equity	838.2M	955.6M	1.3B	1.6B	1.8B	1.1B
Non Current Liabilities Total	102.0M	68.7M	61.3M	175.9M	217.5M	114.2M
Inventory	99.1M	116.2M	162.1M	182.4M	228.5M	139.2M
Other Current Assets	29.3M	29.5M	23.8M	24.2M	23.2M	24.7M
Other Stockholder Equity	165.9M	263.9M	530.9M	557.2M	640.7M	335.5M
Total Liab	432.5M	373.2M	387.7M	526.1M	593.3M	430.0M
Total Current Assets	263.4M	333.1M	593.4M	669.6M	651.0M	484.3M
Intangible Assets	39.4M	39.2M	38.3M	37.6M	75.1M	47.1M
Common Stock Shares Outstanding	63.9M	61.8M	70.8M	86.4M	86.6M	78.3M

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Other Information on Investing in Zhengzhou Stock

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

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Zhengzhou Net Receivables vs Cash And Short Term Investments Analysis

Net Receivables vs Cash And Short Term Investments

Net Receivables vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Net Receivables

Cash And Short Term Investments

Zhengzhou Qianweiyangchu fundamental ratios Correlations

Zhengzhou Qianweiyangchu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhengzhou Qianweiyangchu fundamental ratios Accounts

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Other Information on Investing in Zhengzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Assets
Inventory	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Inventory	+ 1.0	Retained Earnings
Net Tangible Assets	+ 1.0	Other Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets

Other Liab	- 0.9	Inventory
Other Liab	- 0.9	Retained Earnings
Other Liab	- 0.9	Total Stockholder Equity
Other Liab	- 0.89	Total Assets
Net Tangible Assets	- 0.88	Other Liab
Other Liab	- 0.88	Non Current Assets Total