Wenzhou Retained Earnings vs Non Currrent Assets Other Analysis

001222 Stock   17.04  0.84  5.19%   
Wenzhou Yuanfei financial indicator trend analysis is more than just analyzing Wenzhou Yuanfei Pet current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wenzhou Yuanfei Pet is a good investment. Please check the relationship between Wenzhou Yuanfei Retained Earnings and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wenzhou Yuanfei Pet. 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 Non Currrent Assets Other

Retained Earnings vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wenzhou Yuanfei Pet Retained Earnings account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Wenzhou Yuanfei's Retained Earnings and Non Currrent Assets Other is 0.33. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Wenzhou Yuanfei Pet, assuming nothing else is changed. The correlation between historical values of Wenzhou Yuanfei's Retained Earnings and Non Currrent Assets Other 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 Wenzhou Yuanfei Pet are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Retained Earnings i.e., Wenzhou Yuanfei's Retained Earnings and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.33
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Wenzhou Yuanfei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wenzhou Yuanfei Pet 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 Wenzhou Yuanfei Pet. 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.
As of December 13, 2024, Tax Provision is expected to decline to about 15.6 M. In addition to that, Selling General Administrative is expected to decline to about 31.7 M
 2021 2022 2023 2024 (projected)
Interest Expense236.4K66.8K757.9K412.2K
Interest Income1.1M3.5M18.9M19.8M

Wenzhou Yuanfei fundamental ratios Correlations

-0.860.040.991.00.040.990.980.380.790.99-0.210.890.780.090.99-0.511.00.940.99-0.170.94-0.580.740.950.73
-0.86-0.45-0.81-0.86-0.46-0.82-0.76-0.44-0.76-0.90.26-0.97-0.87-0.49-0.810.17-0.88-0.69-0.820.58-0.670.45-0.38-0.69-0.47
0.04-0.45-0.070.060.97-0.06-0.030.490.370.15-0.190.410.311.0-0.070.430.06-0.05-0.06-0.79-0.170.11-0.42-0.15-0.03
0.99-0.81-0.070.99-0.071.00.980.330.730.97-0.160.830.73-0.021.0-0.550.990.941.0-0.090.96-0.560.80.960.72
1.0-0.860.060.990.080.980.970.330.820.98-0.280.90.820.110.98-0.560.990.920.99-0.140.93-0.560.70.940.72
0.04-0.460.97-0.070.08-0.07-0.060.30.40.13-0.370.460.430.96-0.080.290.06-0.1-0.05-0.69-0.20.13-0.52-0.18-0.1
0.99-0.82-0.061.00.98-0.070.970.340.710.98-0.110.830.72-0.011.0-0.510.990.931.0-0.130.95-0.540.810.950.71
0.98-0.76-0.030.980.97-0.060.970.450.810.96-0.180.80.660.020.98-0.550.960.990.96-0.070.99-0.640.810.990.85
0.38-0.440.490.330.330.30.340.450.470.490.230.360.030.520.350.380.360.530.3-0.610.42-0.450.360.40.64
0.79-0.760.370.730.820.40.710.810.470.81-0.630.860.780.410.73-0.50.780.790.73-0.170.76-0.680.330.770.8
0.99-0.90.150.970.980.130.980.960.490.81-0.170.910.770.20.97-0.40.990.930.97-0.290.92-0.580.710.930.74
-0.210.26-0.19-0.16-0.28-0.37-0.11-0.180.23-0.63-0.17-0.44-0.61-0.2-0.140.59-0.21-0.14-0.17-0.25-0.170.420.34-0.19-0.24
0.89-0.970.410.830.90.460.830.80.360.860.91-0.440.940.450.83-0.360.90.730.85-0.420.72-0.50.360.740.54
0.78-0.870.310.730.820.430.720.660.030.780.77-0.610.940.340.72-0.510.80.560.76-0.240.58-0.390.190.610.34
0.09-0.491.0-0.020.110.96-0.010.020.520.410.2-0.20.450.34-0.020.410.110.01-0.01-0.79-0.120.08-0.37-0.10.03
0.99-0.81-0.071.00.98-0.081.00.980.350.730.97-0.140.830.72-0.02-0.530.990.941.0-0.10.96-0.560.810.970.73
-0.510.170.43-0.55-0.560.29-0.51-0.550.38-0.5-0.40.59-0.36-0.510.41-0.53-0.49-0.51-0.55-0.68-0.580.31-0.38-0.59-0.44
1.0-0.880.060.990.990.060.990.960.360.780.99-0.210.90.80.110.99-0.490.910.99-0.20.93-0.560.720.930.7
0.94-0.69-0.050.940.92-0.10.930.990.530.790.93-0.140.730.560.010.94-0.510.910.92-0.040.99-0.670.830.990.91
0.99-0.82-0.061.00.99-0.051.00.960.30.730.97-0.170.850.76-0.011.0-0.550.990.92-0.10.94-0.530.780.950.69
-0.170.58-0.79-0.09-0.14-0.69-0.13-0.07-0.61-0.17-0.29-0.25-0.42-0.24-0.79-0.1-0.68-0.2-0.04-0.10.05-0.030.110.040.06
0.94-0.67-0.170.960.93-0.20.950.990.420.760.92-0.170.720.58-0.120.96-0.580.930.990.940.05-0.70.851.00.87
-0.580.450.11-0.56-0.560.13-0.54-0.64-0.45-0.68-0.580.42-0.5-0.390.08-0.560.31-0.56-0.67-0.53-0.03-0.7-0.38-0.69-0.8
0.74-0.38-0.420.80.7-0.520.810.810.360.330.710.340.360.19-0.370.81-0.380.720.830.780.110.85-0.380.830.67
0.95-0.69-0.150.960.94-0.180.950.990.40.770.93-0.190.740.61-0.10.97-0.590.930.990.950.041.0-0.690.830.87
0.73-0.47-0.030.720.72-0.10.710.850.640.80.74-0.240.540.340.030.73-0.440.70.910.690.060.87-0.80.670.87
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Wenzhou Yuanfei Account Relationship Matchups

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Other Information on Investing in Wenzhou Stock

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