Shenzhen Good Will vs Retained Earnings Analysis

002121 Stock

4.43 0.23 4.94%

Shenzhen Clou financial indicator trend analysis is much more than just breaking down Shenzhen Clou Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Clou Electronics is a good investment. Please check the relationship between Shenzhen Clou Good Will and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Clou Electronics. 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.

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Clou Electronics Good Will account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shenzhen Clou's Good Will and Retained Earnings is 0.52. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shenzhen Clou Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Clou's Good Will 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 Good Will of Shenzhen Clou Electronics 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 Good Will i.e., Shenzhen Clou's Good Will and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 Shenzhen Clou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Clou Electronics 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 Shenzhen Clou Electronics. 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 November 27, 2024, Selling General Administrative is expected to decline to about 317.5 M. In addition to that, Tax Provision is expected to decline to about (65.3 M)

	2021	2022	2023	2024 (projected)
Gross Profit	926.6M	933.4M	1.2B	1.1B
Research Development	214.4M	234.0M	264.7M	282.4M

Gross Profit Research Development

Shenzhen Clou fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets
Total Assets		0.61	0.91	0.76	0.55	0.02	0.95	0.93	0.85	0.84	0.94	0.89	0.54	0.97	0.72	0.69	0.95	-0.35	0.76	0.0	0.35	0.09	0.81	0.57	0.64	0.65
Other Current Liab	0.61		0.72	0.18	0.38	-0.15	0.62	0.55	0.51	0.36	0.47	0.6	0.52	0.69	0.47	0.39	0.53	-0.3	0.31	-0.03	-0.05	0.06	0.38	0.51	0.46	0.23
Total Current Liabilities	0.91	0.72		0.45	0.59	-0.35	0.85	0.89	0.9	0.58	0.74	0.87	0.55	0.97	0.87	0.83	0.83	-0.58	0.47	0.21	-0.01	0.35	0.69	0.83	0.84	0.38
Total Stockholder Equity	0.76	0.18	0.45		0.28	0.53	0.68	0.7	0.43	0.79	0.89	0.64	0.27	0.6	0.35	0.27	0.73	0.03	0.83	-0.12	0.81	-0.31	0.75	0.06	0.17	0.86
Other Liab	0.55	0.38	0.59	0.28		-0.14	0.42	0.67	0.48	0.32	0.55	0.54	0.41	0.6	0.52	0.43	0.4	-0.33	0.26	0.1	0.03	0.01	0.53	0.45	0.59	0.47
Retained Earnings	0.02	-0.15	-0.35	0.53	-0.14		0.03	-0.07	-0.44	0.34	0.28	-0.1	-0.13	-0.16	-0.56	-0.64	0.07	0.67	0.52	-0.53	0.86	-0.87	0.1	-0.71	-0.68	0.55
Accounts Payable	0.95	0.62	0.85	0.68	0.42	0.03		0.81	0.83	0.84	0.86	0.78	0.5	0.93	0.6	0.6	0.99	-0.19	0.8	-0.23	0.25	0.08	0.63	0.45	0.48	0.46
Cash	0.93	0.55	0.89	0.7	0.67	-0.07	0.81		0.78	0.68	0.85	0.94	0.53	0.91	0.77	0.72	0.82	-0.45	0.6	0.2	0.31	0.15	0.8	0.63	0.74	0.68
Other Assets	0.85	0.51	0.9	0.43	0.48	-0.44	0.83	0.78		0.65	0.68	0.76	0.47	0.9	0.85	0.9	0.83	-0.57	0.51	0.11	-0.11	0.55	0.61	0.74	0.81	0.27
Long Term Debt	0.84	0.36	0.58	0.79	0.32	0.34	0.84	0.68	0.65		0.86	0.66	0.4	0.76	0.33	0.41	0.88	-0.01	0.9	-0.3	0.52	-0.13	0.67	0.14	0.26	0.67
Net Receivables	0.94	0.47	0.74	0.89	0.55	0.28	0.86	0.85	0.68	0.86		0.79	0.41	0.85	0.57	0.51	0.87	-0.16	0.82	-0.08	0.57	-0.16	0.87	0.34	0.44	0.81
Inventory	0.89	0.6	0.87	0.64	0.54	-0.1	0.78	0.94	0.76	0.66	0.79		0.47	0.89	0.7	0.74	0.78	-0.35	0.55	0.2	0.23	0.22	0.73	0.64	0.71	0.6
Other Current Assets	0.54	0.52	0.55	0.27	0.41	-0.13	0.5	0.53	0.47	0.4	0.41	0.47		0.57	0.49	0.44	0.47	-0.35	0.24	0.11	0.07	-0.04	0.42	0.49	0.45	0.28
Total Liab	0.97	0.69	0.97	0.6	0.6	-0.16	0.93	0.91	0.9	0.76	0.85	0.89	0.57		0.78	0.77	0.93	-0.44	0.66	0.04	0.15	0.22	0.75	0.68	0.73	0.51
Intangible Assets	0.72	0.47	0.87	0.35	0.52	-0.56	0.6	0.77	0.85	0.33	0.57	0.7	0.49	0.78		0.91	0.6	-0.81	0.18	0.54	-0.12	0.55	0.68	0.9	0.94	0.29
Common Stock	0.69	0.39	0.83	0.27	0.43	-0.64	0.6	0.72	0.9	0.41	0.51	0.74	0.44	0.77	0.91		0.6	-0.7	0.17	0.5	-0.26	0.69	0.6	0.88	0.94	0.17
Property Plant Equipment	0.95	0.53	0.83	0.73	0.4	0.07	0.99	0.82	0.83	0.88	0.87	0.78	0.47	0.93	0.6	0.6		-0.2	0.82	-0.2	0.32	0.08	0.66	0.44	0.48	0.52
Short Term Investments	-0.35	-0.3	-0.58	0.03	-0.33	0.67	-0.19	-0.45	-0.57	-0.01	-0.16	-0.35	-0.35	-0.44	-0.81	-0.7	-0.2		0.12	-0.68	0.26	-0.56	-0.48	-0.84	-0.84	-0.1
Good Will	0.76	0.31	0.47	0.83	0.26	0.52	0.8	0.6	0.51	0.9	0.82	0.55	0.24	0.66	0.18	0.17	0.82	0.12		-0.53	0.64	-0.29	0.56	-0.04	0.05	0.67
Treasury Stock	0.0	-0.03	0.21	-0.12	0.1	-0.53	-0.23	0.2	0.11	-0.3	-0.08	0.2	0.11	0.04	0.54	0.5	-0.2	-0.68	-0.53		-0.2	0.42	0.33	0.62	0.62	0.05
Net Tangible Assets	0.35	-0.05	-0.01	0.81	0.03	0.86	0.25	0.31	-0.11	0.52	0.57	0.23	0.07	0.15	-0.12	-0.26	0.32	0.26	0.64	-0.2		-0.71	0.51	-0.33	-0.27	0.84
Other Stockholder Equity	0.09	0.06	0.35	-0.31	0.01	-0.87	0.08	0.15	0.55	-0.13	-0.16	0.22	-0.04	0.22	0.55	0.69	0.08	-0.56	-0.29	0.42	-0.71		-0.09	0.61	0.63	-0.43
Deferred Long Term Liab	0.81	0.38	0.69	0.75	0.53	0.1	0.63	0.8	0.61	0.67	0.87	0.73	0.42	0.75	0.68	0.6	0.66	-0.48	0.56	0.33	0.51	-0.09		0.51	0.61	0.81
Long Term Investments	0.57	0.51	0.83	0.06	0.45	-0.71	0.45	0.63	0.74	0.14	0.34	0.64	0.49	0.68	0.9	0.88	0.44	-0.84	-0.04	0.62	-0.33	0.61	0.51		0.95	0.07
Short Long Term Debt	0.64	0.46	0.84	0.17	0.59	-0.68	0.48	0.74	0.81	0.26	0.44	0.71	0.45	0.73	0.94	0.94	0.48	-0.84	0.05	0.62	-0.27	0.63	0.61	0.95		0.21
Total Current Assets	0.65	0.23	0.38	0.86	0.47	0.55	0.46	0.68	0.27	0.67	0.81	0.6	0.28	0.51	0.29	0.17	0.52	-0.1	0.67	0.05	0.84	-0.43	0.81	0.07	0.21

Click cells to compare fundamentals

Shenzhen Clou Account Relationship Matchups

Shenzhen Clou fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.1B	9.3B	8.3B	8.8B	7.9B	6.3B
Other Current Liab	801.2M	959.4M	859.1M	1.5B	17.1M	16.2M
Total Current Liabilities	7.3B	6.2B	6.4B	7.3B	6.2B	3.7B
Total Stockholder Equity	1.2B	1.4B	766.9M	648.5M	940.6M	1.5B
Other Liab	839.0M	175.4M	135.5M	102.7M	118.1M	147.7M
Retained Earnings	(2.1B)	(1.9B)	(2.6B)	(2.7B)	(3.3B)	(3.2B)
Accounts Payable	1.9B	2.1B	2.2B	2.0B	1.9B	1.4B
Cash	1.5B	1.1B	761.5M	1.1B	902.4M	757.7M
Other Assets	1.1B	1.0B	1.0B	1.1B	1.2B	1.3B
Long Term Debt	919.9M	1.2B	702.6M	728.6M	589.5M	997.8M
Net Receivables	2.4B	1.6B	1.8B	1.4B	1.2B	1.5B
Inventory	1.1B	882.1M	719.2M	1.2B	880.1M	668.5M
Other Current Assets	643.4M	1.6B	300.0M	207.1M	137.4M	130.5M
Total Liab	9.0B	7.6B	7.3B	8.1B	6.9B	4.8B
Intangible Assets	553.4M	523.4M	489.2M	463.0M	510.3M	535.8M
Property Plant Equipment	2.3B	2.7B	2.5B	2.4B	2.7B	1.7B
Good Will	426.7M	96.8M	78.1M	73.3M	66.0M	62.7M
Net Tangible Assets	571.3M	830.7M	199.6M	112.2M	101.0M	96.0M
Other Stockholder Equity	2.2M	2.4M	2.3M	6.7M	7.7M	8.1M
Deferred Long Term Liab	131.5M	104.2M	128.5M	86.4M	77.7M	101.3M
Short Long Term Debt	3.7B	2.5B	2.5B	3.0B	2.9B	2.6B
Total Current Assets	5.6B	4.5B	3.6B	4.2B	3.4B	4.1B
Non Current Assets Total	4.5B	4.8B	4.7B	4.6B	4.5B	4.4B
Non Currrent Assets Other	306.7M	296.4M	259.4M	318.5M	30.6M	29.0M
Non Current Liabilities Total	1.8B	1.5B	895.5M	851.5M	756.2M	1.5B
Non Current Liabilities Other	619.4M	1.1M	1.6M	10.9M	105.4M	83.6M
Net Debt	2.9B	2.7B	2.5B	2.6B	2.6B	2.1B
Net Invested Capital	5.6B	5.2B	4.0B	4.3B	4.4B	4.6B
Net Working Capital	(1.6B)	(1.7B)	(2.8B)	(3.0B)	(2.8B)	(2.9B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in Shenzhen Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shenzhen Good Will vs Retained Earnings Analysis

Good Will vs Retained Earnings

Good Will vs Retained Earnings Correlation Analysis

Correlation Coefficient

Good Will

Retained Earnings

Shenzhen Clou fundamental ratios Correlations

Shenzhen Clou Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Clou fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 0.99	Accounts Payable
Total Liab	+ 0.97	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Accounts Payable	+ 0.95	Total Assets
Property Plant Equipment	+ 0.95	Total Assets
Short Long Term Debt	+ 0.95	Long Term Investments

Other Stockholder Equity	- 0.87	Retained Earnings
Short Long Term Debt	- 0.84	Short Term Investments
Long Term Investments	- 0.84	Short Term Investments
Short Term Investments	- 0.81	Intangible Assets
Other Stockholder Equity	- 0.71	Net Tangible Assets
Long Term Investments	- 0.71	Retained Earnings