Xinjiang Total Assets vs Other Stockholder Equity Analysis

002092 Stock   4.68  0.05  1.06%   
Xinjiang Zhongtai financial indicator trend analysis is more than just analyzing Xinjiang Zhongtai current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Zhongtai is a good investment. Please check the relationship between Xinjiang Zhongtai Total Assets and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Zhongtai Chemical. 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.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Zhongtai Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Xinjiang Zhongtai's Total Assets and Other Stockholder Equity is -0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Xinjiang Zhongtai Chemical, assuming nothing else is changed. The correlation between historical values of Xinjiang Zhongtai's Total Assets and Other 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 Total Assets of Xinjiang Zhongtai Chemical are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Xinjiang Zhongtai's Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Xinjiang Zhongtai assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Xinjiang Zhongtai books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Xinjiang Zhongtai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Zhongtai 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 Xinjiang Zhongtai Chemical. 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 4, 2024, Selling General Administrative is expected to decline to about 1.8 B. The current year's Tax Provision is expected to grow to about (33.6 M)
 2021 2022 2023 2024 (projected)
Gross Profit8.7B6.9B3.5B6.7B
Research Development76.7M444.0M261.4M274.4M

Xinjiang Zhongtai fundamental ratios Correlations

0.770.980.90.620.860.850.840.510.40.44-0.640.950.290.890.910.960.970.30.9-0.840.760.790.620.880.89
0.770.740.730.560.770.590.630.280.040.45-0.530.630.120.640.860.710.750.170.79-0.740.80.680.350.750.69
0.980.740.890.480.90.890.870.50.330.49-0.730.940.380.910.880.90.930.330.9-0.870.680.830.720.930.94
0.90.730.890.470.950.90.910.520.450.6-0.60.840.430.970.830.830.810.490.9-0.730.580.820.660.840.9
0.620.560.480.470.30.250.370.510.180.11-0.210.56-0.280.410.690.680.650.020.56-0.280.750.2-0.030.320.34
0.860.770.90.950.30.910.920.370.260.63-0.680.810.480.920.810.740.760.530.87-0.830.560.880.710.920.92
0.850.590.890.90.250.910.920.30.470.41-0.560.790.450.950.710.710.780.550.78-0.790.460.840.630.810.86
0.840.630.870.910.370.920.920.450.270.41-0.610.80.30.90.730.710.720.670.82-0.720.550.770.60.860.85
0.510.280.50.520.510.370.30.450.280.51-0.570.540.230.480.460.560.410.180.5-0.080.270.10.580.490.52
0.40.040.330.450.180.260.470.270.280.30.130.330.440.560.240.430.420.160.18-0.09-0.080.170.30.140.26
0.440.450.490.60.110.630.410.410.510.3-0.450.440.780.570.540.380.310.330.41-0.270.020.340.770.60.53
-0.64-0.53-0.73-0.6-0.21-0.68-0.56-0.61-0.570.13-0.45-0.68-0.26-0.58-0.6-0.56-0.53-0.24-0.760.66-0.5-0.64-0.72-0.78-0.82
0.950.630.940.840.560.810.790.80.540.330.44-0.680.290.840.870.920.920.260.89-0.80.720.760.650.850.89
0.290.120.380.43-0.280.480.450.30.230.440.78-0.260.290.490.250.220.20.240.17-0.26-0.290.330.770.440.43
0.890.640.910.970.410.920.950.90.480.560.57-0.580.840.490.80.80.820.480.84-0.720.490.810.690.810.89
0.910.860.880.830.690.810.710.730.460.240.54-0.60.870.250.80.860.890.210.85-0.750.770.70.510.80.79
0.960.710.90.830.680.740.710.710.560.430.38-0.560.920.220.80.860.960.110.87-0.760.770.690.550.770.83
0.970.750.930.810.650.760.780.720.410.420.31-0.530.920.20.820.890.960.10.86-0.830.80.760.490.770.82
0.30.170.330.490.020.530.550.670.180.160.33-0.240.260.240.480.210.110.10.24-0.180.00.250.310.480.29
0.90.790.90.90.560.870.780.820.50.180.41-0.760.890.170.840.850.870.860.24-0.840.810.870.560.820.94
-0.84-0.74-0.87-0.73-0.28-0.83-0.79-0.72-0.08-0.09-0.270.66-0.8-0.26-0.72-0.75-0.76-0.83-0.18-0.84-0.72-0.94-0.53-0.82-0.85
0.760.80.680.580.750.560.460.550.27-0.080.02-0.50.72-0.290.490.770.770.80.00.81-0.720.620.110.60.61
0.790.680.830.820.20.880.840.770.10.170.34-0.640.760.330.810.70.690.760.250.87-0.940.620.550.760.89
0.620.350.720.66-0.030.710.630.60.580.30.77-0.720.650.770.690.510.550.490.310.56-0.530.110.550.790.78
0.880.750.930.840.320.920.810.860.490.140.6-0.780.850.440.810.80.770.770.480.82-0.820.60.760.790.89
0.890.690.940.90.340.920.860.850.520.260.53-0.820.890.430.890.790.830.820.290.94-0.850.610.890.780.89
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Xinjiang Zhongtai Account Relationship Matchups

Xinjiang Zhongtai fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets60.1B63.9B73.1B80.5B72.5B76.2B
Other Current Liab2.6B6.6B14.3B6.9B6.6B6.9B
Total Current Liabilities28.2B32.3B31.0B33.7B29.5B31.0B
Total Stockholder Equity18.9B18.9B25.2B25.8B22.7B11.7B
Other Liab393.6M379.6M667.9M3.2B3.7B3.9B
Retained Earnings7.2B7.4B10.1B9.4B6.3B3.5B
Accounts Payable10.6B11.6B8.4B12.4B8.5B4.8B
Cash4.5B5.2B4.8B8.1B4.2B2.5B
Other Assets905.3M1.0B919.0M1.6B1.9B2.0B
Long Term Debt9.4B8.9B6.7B7.9B9.0B6.0B
Net Receivables6.6B3.0B12.3B2.4B1.1B1.1B
Inventory3.1B1.9B2.7B3.5B3.3B3.5B
Other Current Assets4.7B3.5B3.5B590.1M545.1M517.8M
Total Liab38.4B42.6B41.8B47.5B43.1B22.0B
Intangible Assets749.2M743.8M1.6B1.0B1.1B1.1B
Property Plant Equipment33.9B38.0B40.0B43.8B50.3B52.8B
Net Tangible Assets18.2B18.3B18.1B23.7B27.2B19.0B
Other Stockholder Equity59.4M54.5M(7.7M)(5.6M)(5.0M)(4.8M)
Deferred Long Term Liab89.3M92.6M155.4M384.2M441.8M463.9M
Short Long Term Debt9.1B8.7B7.4B5.5B4.8B6.0B
Total Current Assets18.9B20.9B23.4B23.7B14.7B20.2B
Non Current Assets Total41.0B43.2B49.7B56.8B57.8B48.8B
Non Currrent Assets Other296.7M149.7M594.2M1.2B1.8B1.9B
Non Current Liabilities Total10.9B10.8B10.8B13.8B13.6B13.1B
Non Current Liabilities Other1.2M925.6K17.8M18.6M21.4M22.5M
Net Debt14.0B12.4B9.3B5.3B9.5B9.3B
Net Invested Capital37.4B36.4B39.3B39.3B36.4B30.3B
Net Working Capital(8.5B)(11.1B)(7.6B)(10.0B)(14.8B)(14.1B)

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Other Information on Investing in Xinjiang Stock

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