Zhejiang Long Term Investments vs Retained Earnings Analysis

002010 Stock

5.24 0.04 0.77%

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

Long Term Investments vs Retained Earnings

Long Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Transfar Long Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Zhejiang Transfar's Long Term Investments and Retained Earnings is -0.72. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Zhejiang Transfar Co, assuming nothing else is changed. The correlation between historical values of Zhejiang Transfar's Long Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Zhejiang Transfar Co are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Investments i.e., Zhejiang Transfar's Long Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.72

Relationship Direction	Negative
Relationship Strength	Weak

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Long Term Investments

Long Term Investments is an item on the asset side of Zhejiang Transfar balance sheet that represents investments Zhejiang Transfar intends to hold for over a year. Zhejiang Transfar Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

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.

Most indicators from Zhejiang Transfar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Transfar 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 Zhejiang Transfar 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 Tax Provision is expected to grow to about 384.3 M, whereas Selling General Administrative is forecasted to decline to about 639.7 M.

	2021	2022	2023	2024 (projected)
Income Before Tax	2.9B	1.1B	946.0M	772.3M
Cost Of Revenue	31.9B	33.6B	30.0B	31.5B

Income Before Tax Cost Of Revenue

Zhejiang Transfar fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Intangible Assets	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.59	0.97	0.97	0.95	0.89	0.82	0.97	0.24	0.96	0.84	0.99	0.84	0.95	0.97	0.99	0.59	0.89	-0.17	0.81	0.65	0.77	-0.73	0.93	0.82	0.95
Other Current Liab	0.59		0.65	0.57	0.41	0.71	0.61	0.47	0.52	0.67	0.71	0.58	0.59	0.57	0.52	0.56	0.51	0.71	-0.15	0.31	0.39	0.69	-0.2	0.68	0.58	0.6
Total Current Liabilities	0.97	0.65		0.9	0.92	0.92	0.74	0.96	0.21	0.99	0.86	0.99	0.74	0.9	0.94	0.94	0.46	0.87	-0.28	0.82	0.58	0.77	-0.75	0.97	0.9	0.95
Total Stockholder Equity	0.97	0.57	0.9		0.9	0.85	0.9	0.9	0.29	0.9	0.79	0.93	0.92	0.93	0.92	0.98	0.71	0.86	0.0	0.73	0.64	0.74	-0.63	0.85	0.71	0.89
Retained Earnings	0.95	0.41	0.92	0.9		0.75	0.69	0.97	-0.03	0.91	0.74	0.96	0.67	0.85	0.96	0.9	0.42	0.73	-0.21	0.9	0.63	0.56	-0.72	0.91	0.86	0.9
Accounts Payable	0.89	0.71	0.92	0.85	0.75		0.76	0.83	0.48	0.92	0.89	0.88	0.8	0.89	0.82	0.89	0.51	0.92	-0.23	0.61	0.43	0.88	-0.71	0.84	0.74	0.84
Cash	0.82	0.61	0.74	0.9	0.69	0.76		0.68	0.31	0.75	0.67	0.74	0.94	0.78	0.7	0.82	0.72	0.71	0.3	0.5	0.34	0.6	-0.38	0.69	0.58	0.66
Other Assets	0.97	0.47	0.96	0.9	0.97	0.83	0.68		0.12	0.94	0.8	0.99	0.7	0.89	0.98	0.95	0.43	0.82	-0.29	0.88	0.66	0.72	-0.82	0.93	0.85	0.97
Net Receivables	0.24	0.52	0.21	0.29	-0.03	0.48	0.31	0.12		0.26	0.31	0.17	0.51	0.37	0.15	0.32	0.57	0.52	-0.02	-0.17	0.25	0.7	-0.12	0.11	-0.13	0.27
Inventory	0.96	0.67	0.99	0.9	0.91	0.92	0.75	0.94	0.26		0.82	0.97	0.75	0.89	0.91	0.92	0.48	0.86	-0.27	0.79	0.56	0.76	-0.7	0.96	0.89	0.93
Other Current Assets	0.84	0.71	0.86	0.79	0.74	0.89	0.67	0.8	0.31	0.82		0.86	0.69	0.86	0.86	0.84	0.43	0.9	-0.31	0.64	0.52	0.82	-0.68	0.84	0.76	0.82
Total Liab	0.99	0.58	0.99	0.93	0.96	0.88	0.74	0.99	0.17	0.97	0.86		0.75	0.92	0.98	0.96	0.47	0.87	-0.27	0.85	0.64	0.75	-0.78	0.96	0.88	0.97
Common Stock	0.84	0.59	0.74	0.92	0.67	0.8	0.94	0.7	0.51	0.75	0.69	0.75		0.86	0.74	0.88	0.83	0.83	0.18	0.46	0.5	0.76	-0.45	0.66	0.47	0.73
Property Plant Equipment	0.95	0.57	0.9	0.93	0.85	0.89	0.78	0.89	0.37	0.89	0.86	0.92	0.86		0.93	0.96	0.66	0.93	-0.25	0.68	0.62	0.84	-0.68	0.84	0.67	0.91
Long Term Debt	0.97	0.52	0.94	0.92	0.96	0.82	0.7	0.98	0.15	0.91	0.86	0.98	0.74	0.93		0.96	0.51	0.86	-0.29	0.85	0.72	0.74	-0.76	0.92	0.81	0.96
Other Liab	0.99	0.56	0.94	0.98	0.9	0.89	0.82	0.95	0.32	0.92	0.84	0.96	0.88	0.96	0.96		0.64	0.91	-0.13	0.76	0.68	0.82	-0.75	0.88	0.73	0.95
Intangible Assets	0.59	0.51	0.46	0.71	0.42	0.51	0.72	0.43	0.57	0.48	0.43	0.47	0.83	0.66	0.51	0.64		0.68	0.07	0.24	0.53	0.6	-0.04	0.42	0.13	0.5
Good Will	0.89	0.71	0.87	0.86	0.73	0.92	0.71	0.82	0.52	0.86	0.9	0.87	0.83	0.93	0.86	0.91	0.68		-0.35	0.6	0.64	0.95	-0.64	0.83	0.63	0.88
Short Term Investments	-0.17	-0.15	-0.28	0.0	-0.21	-0.23	0.3	-0.29	-0.02	-0.27	-0.31	-0.27	0.18	-0.25	-0.29	-0.13	0.07	-0.35		-0.24	-0.23	-0.32	0.23	-0.31	-0.24	-0.33
Net Tangible Assets	0.81	0.31	0.82	0.73	0.9	0.61	0.5	0.88	-0.17	0.79	0.64	0.85	0.46	0.68	0.85	0.76	0.24	0.6	-0.24		0.59	0.42	-0.69	0.88	0.84	0.8
Other Stockholder Equity	0.65	0.39	0.58	0.64	0.63	0.43	0.34	0.66	0.25	0.56	0.52	0.64	0.5	0.62	0.72	0.68	0.53	0.64	-0.23	0.59		0.6	-0.49	0.62	0.43	0.73
Deferred Long Term Liab	0.77	0.69	0.77	0.74	0.56	0.88	0.6	0.72	0.7	0.76	0.82	0.75	0.76	0.84	0.74	0.82	0.6	0.95	-0.32	0.42	0.6		-0.66	0.69	0.48	0.82
Long Term Investments	-0.73	-0.2	-0.75	-0.63	-0.72	-0.71	-0.38	-0.82	-0.12	-0.7	-0.68	-0.78	-0.45	-0.68	-0.76	-0.75	-0.04	-0.64	0.23	-0.69	-0.49	-0.66		-0.67	-0.67	-0.78
Short Long Term Debt	0.93	0.68	0.97	0.85	0.91	0.84	0.69	0.93	0.11	0.96	0.84	0.96	0.66	0.84	0.92	0.88	0.42	0.83	-0.31	0.88	0.62	0.69	-0.67		0.93	0.93
Total Current Assets	0.82	0.58	0.9	0.71	0.86	0.74	0.58	0.85	-0.13	0.89	0.76	0.88	0.47	0.67	0.81	0.73	0.13	0.63	-0.24	0.84	0.43	0.48	-0.67	0.93		0.8
Short Term Debt	0.95	0.6	0.95	0.89	0.9	0.84	0.66	0.97	0.27	0.93	0.82	0.97	0.73	0.91	0.96	0.95	0.5	0.88	-0.33	0.8	0.73	0.82	-0.78	0.93	0.8

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Zhejiang Transfar Account Relationship Matchups

Zhejiang Transfar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.5B	34.7B	40.9B	41.1B	41.9B	44.0B
Other Current Liab	1.8B	2.1B	2.8B	2.6B	310.4M	294.9M
Total Current Liabilities	7.6B	10.0B	15.0B	13.1B	12.7B	13.4B
Total Stockholder Equity	14.6B	15.0B	16.9B	17.3B	17.5B	18.4B
Retained Earnings	4.1B	5.3B	7.2B	7.7B	7.6B	8.0B
Accounts Payable	1.5B	1.5B	2.3B	2.1B	2.0B	2.1B
Cash	3.3B	5.2B	5.8B	6.2B	5.1B	5.3B
Other Assets	12.8B	13.8B	17.7B	18.8B	21.7B	22.7B
Net Receivables	5.1B	1.1B	1.4B	1.3B	1.3B	1.5B
Inventory	1.5B	1.5B	2.7B	2.2B	2.1B	2.2B
Other Current Assets	640.6M	1.2B	839.0M	1.4B	752.2M	789.8M
Total Liab	14.1B	18.5B	22.9B	22.7B	22.9B	24.1B
Property Plant Equipment	2.7B	3.4B	2.7B	2.9B	3.4B	3.5B
Long Term Debt	5.4B	6.7B	5.9B	7.5B	7.1B	7.5B
Other Liab	1.9B	1.8B	1.9B	2.0B	2.3B	2.4B
Intangible Assets	2.1B	1.3B	1.1B	1.0B	1.1B	807.9M
Good Will	357.8M	361.7M	330.1M	313.1M	325.7M	290.9M
Net Tangible Assets	12.2B	13.4B	15.4B	16.0B	18.4B	13.2B
Other Stockholder Equity	778.5M	490.3M	377.5M	241.4M	277.6M	263.7M
Deferred Long Term Liab	287.3M	199.5M	163.5M	153.3M	176.3M	202.4M
Short Long Term Debt	2.6B	4.3B	6.2B	5.4B	5.1B	3.7B
Total Current Assets	10.5B	13.5B	16.7B	15.9B	14.0B	14.0B
Non Current Assets Total	20.0B	21.2B	24.2B	25.2B	27.9B	21.4B
Non Currrent Assets Other	622.2M	460.1M	970.8M	966.0M	785.4M	718.7M
Non Current Liabilities Total	6.5B	8.5B	7.9B	9.6B	10.2B	7.4B
Non Current Liabilities Other	398.6K	160.5K	324.4K	175.6K	693.3M	728.0M
Net Debt	3.9B	5.7B	6.3B	6.8B	7.1B	5.0B
Net Invested Capital	21.8B	26.0B	28.9B	30.3B	29.8B	27.0B
Net Working Capital	3.0B	3.5B	1.6B	2.8B	1.3B	2.0B

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Other Information on Investing in Zhejiang Stock

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

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Zhejiang Long Term Investments vs Retained Earnings Analysis

Long Term Investments vs Retained Earnings

Long Term Investments vs Retained Earnings Correlation Analysis

Correlation Coefficient

Long Term Investments

Retained Earnings

Zhejiang Transfar fundamental ratios Correlations

Zhejiang Transfar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Transfar fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

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Total Liab	+ 0.99	Total Assets
Other Liab	+ 0.99	Total Assets
Inventory	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Other Assets
Other Liab	+ 0.98	Total Stockholder Equity

Long Term Investments	- 0.82	Other Assets
Short Term Debt	- 0.78	Long Term Investments
Long Term Investments	- 0.78	Total Liab
Long Term Investments	- 0.76	Long Term Debt
Long Term Investments	- 0.75	Other Liab
Long Term Investments	- 0.75	Total Current Liabilities