Zhengzhou Other Stockholder Equity vs Total Stockholder Equity 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 Other Stockholder Equity and its Total Stockholder Equity 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.

Other Stockholder Equity vs Total Stockholder Equity

Other Stockholder Equity vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Qianweiyangchu Other Stockholder Equity account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Zhengzhou Qianweiyangchu's Other Stockholder Equity and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Total Stockholder Equity 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 Other Stockholder Equity and Total 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 Other Stockholder Equity of Zhengzhou Qianweiyangchu Food are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Other Stockholder Equity i.e., Zhengzhou Qianweiyangchu's Other Stockholder Equity and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

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.
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 Profit284.8M348.5M450.5M284.2M
Total Revenue1.3B1.5B1.9B1.2B

Zhengzhou Qianweiyangchu fundamental ratios Correlations

0.260.940.990.980.241.00.990.440.990.40.610.921.00.190.960.960.940.710.950.950.86-0.890.960.920.9
0.260.460.20.340.520.220.22-0.20.310.61-0.30.210.240.330.170.370.12-0.30.080.07-0.16-0.240.150.08-0.16
0.940.460.880.980.510.930.940.150.970.360.310.890.940.280.820.980.780.610.80.850.75-0.850.820.750.76
0.990.20.880.950.110.990.960.550.960.390.70.860.990.10.990.90.970.710.980.950.86-0.90.990.960.92
0.980.340.980.950.40.980.980.271.00.340.460.930.980.270.90.980.860.710.890.910.81-0.880.90.840.86
0.240.520.510.110.40.250.33-0.720.370.05-0.560.420.240.44-0.010.48-0.10.16-0.040.10.1-0.23-0.01-0.140.05
1.00.220.930.990.980.250.990.420.990.350.620.911.00.160.960.950.930.750.960.950.86-0.90.960.910.92
0.990.220.940.960.980.330.990.350.990.350.560.940.990.160.920.970.890.760.920.950.88-0.880.920.870.91
0.44-0.20.150.550.27-0.720.420.350.30.440.90.220.42-0.330.630.180.720.180.630.550.48-0.40.630.70.47
0.990.310.970.961.00.370.990.990.30.350.50.940.990.250.910.980.870.720.910.920.83-0.880.910.860.88
0.40.610.360.390.340.050.350.350.440.350.260.370.340.190.410.380.47-0.250.320.40.2-0.310.380.370.06
0.61-0.30.310.70.46-0.560.620.560.90.50.260.440.61-0.270.780.370.810.560.80.690.61-0.480.770.850.73
0.920.210.890.860.930.420.910.940.220.940.370.440.90.430.810.960.780.720.810.890.82-0.720.80.770.83
1.00.240.940.990.980.241.00.990.420.990.340.610.90.140.960.950.930.740.960.950.85-0.90.960.920.91
0.190.330.280.10.270.440.160.16-0.330.250.19-0.270.430.140.050.350.020.010.030.050.05-0.090.040.010.03
0.960.170.820.990.9-0.010.960.920.630.910.410.780.810.960.050.840.980.690.990.930.81-0.861.00.980.9
0.960.370.980.90.980.480.950.970.180.980.380.370.960.950.350.840.80.670.830.890.8-0.820.830.780.81
0.940.120.780.970.86-0.10.930.890.720.870.470.810.780.930.020.980.80.610.980.940.84-0.850.980.980.88
0.71-0.30.610.710.710.160.750.760.180.72-0.250.560.720.740.010.690.670.610.750.710.72-0.550.690.690.91
0.950.080.80.980.89-0.040.960.920.630.910.320.80.810.960.030.990.830.980.750.930.84-0.850.990.990.94
0.950.070.850.950.910.10.950.950.550.920.40.690.890.950.050.930.890.940.710.930.94-0.830.920.910.91
0.86-0.160.750.860.810.10.860.880.480.830.20.610.820.850.050.810.80.840.720.840.94-0.830.820.780.9
-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
0.960.150.820.990.9-0.010.960.920.630.910.380.770.80.960.041.00.830.980.690.990.920.82-0.880.980.91
0.920.080.750.960.84-0.140.910.870.70.860.370.850.770.920.010.980.780.980.690.990.910.78-0.770.980.9
0.9-0.160.760.920.860.050.920.910.470.880.060.730.830.910.030.90.810.880.910.940.910.9-0.80.910.9
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Zhengzhou Qianweiyangchu Account Relationship Matchups

Zhengzhou Qianweiyangchu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets838.2M955.6M1.3B1.6B1.8B1.2B
Other Current Liab172.6M143.8M157.3M132.2M1.2M1.1M
Total Current Liabilities330.5M304.5M326.4M350.2M375.8M315.9M
Total Stockholder Equity405.8M582.4M953.7M1.1B1.2B758.2M
Property Plant And Equipment Net494.1M543.7M651.5M745.6M963.3M583.8M
Net Debt(49.0M)(43.7M)(264.4M)(200.9M)(180.8M)(189.8M)
Retained Earnings182.6M254.7M336.2M417.1M526.2M298.2M
Accounts Payable127.9M141.8M143.7M191.3M221.9M156.7M
Cash79.0M117.4M332.1M381.1M282.2M248.2M
Non Current Assets Total574.9M622.5M747.5M917.4M1.2B703.9M
Non Currrent Assets Other39.6M36.0M52.5M119.9M13.8M13.1M
Cash And Short Term Investments79.0M117.4M332.1M381.1M438.3M237.8M
Liabilities And Stockholders Equity838.2M955.6M1.3B1.6B1.8B1.1B
Non Current Liabilities Total102.0M68.7M61.3M175.9M217.5M114.2M
Inventory99.1M116.2M162.1M182.4M228.5M139.2M
Other Current Assets29.3M29.5M23.8M24.2M23.2M24.7M
Other Stockholder Equity165.9M263.9M530.9M557.2M640.7M335.5M
Total Liab432.5M373.2M387.7M526.1M593.3M430.0M
Total Current Assets263.4M333.1M593.4M669.6M651.0M484.3M
Intangible Assets39.4M39.2M38.3M37.6M75.1M47.1M
Common Stock Shares Outstanding63.9M61.8M70.8M86.4M86.6M78.3M

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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.