Zhejiang Inventory vs Cash Analysis

002126 Stock

20.16 0.42 2.04%

Zhejiang Yinlun financial indicator trend analysis is more than just analyzing Zhejiang Yinlun Machinery current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Yinlun Machinery is a good investment. Please check the relationship between Zhejiang Yinlun Inventory and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Inventory vs Cash

Inventory vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Yinlun Machinery Inventory account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Zhejiang Yinlun's Inventory and Cash is 0.93. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Cash in the same time period over historical financial statements of Zhejiang Yinlun Machinery, assuming nothing else is changed. The correlation between historical values of Zhejiang Yinlun's Inventory and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Zhejiang Yinlun Machinery are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Inventory i.e., Zhejiang Yinlun's Inventory and Cash go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Inventory

Cash

Cash refers to the most liquid asset of Zhejiang Yinlun Machinery, which is listed under current asset account on Zhejiang Yinlun Machinery balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhejiang Yinlun customers. The amounts must be unrestricted with restricted cash listed in a different Zhejiang Yinlun account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Zhejiang Yinlun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Yinlun Machinery 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. 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 February 5, 2025, Selling General Administrative is expected to decline to about 314.4 M. In addition to that, Tax Provision is expected to decline to about 42.4 M

	2022	2023	2024	2025 (projected)
Operating Income	561.2M	1.0B	1.2B	1.2B
Total Revenue	8.5B	11.0B	12.7B	13.3B

Operating Income Total Revenue

Zhejiang Yinlun fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock
Total Assets		0.99	0.58	1.0	0.98	0.97	1.0	0.8	0.96	1.0	1.0	0.93	1.0	0.8	0.8	0.96	1.0	0.56	0.88	0.99	0.11	0.57	1.0	1.0	0.98	0.84
Short Long Term Debt Total	0.99		0.6	0.99	0.95	0.95	0.99	0.77	0.95	0.98	0.99	0.95	0.98	0.79	0.83	0.98	0.99	0.53	0.91	1.0	0.04	0.49	1.0	0.99	0.97	0.77
Other Current Liab	0.58	0.6		0.59	0.55	0.56	0.59	0.0	0.71	0.57	0.58	0.44	0.6	0.55	0.49	0.5	0.57	0.41	0.54	0.63	0.09	0.35	0.59	0.57	0.58	0.46
Total Current Liabilities	1.0	0.99	0.59		0.97	0.96	0.99	0.79	0.95	0.99	1.0	0.94	0.98	0.8	0.78	0.97	1.0	0.56	0.87	0.99	0.06	0.52	1.0	1.0	0.99	0.8
Total Stockholder Equity	0.98	0.95	0.55	0.97		0.96	0.98	0.8	0.95	0.99	0.96	0.87	0.99	0.78	0.74	0.91	0.98	0.55	0.83	0.97	0.23	0.67	0.96	0.98	0.96	0.91
Other Liab	0.97	0.95	0.56	0.96	0.96		0.96	0.78	0.95	0.97	0.96	0.85	0.97	0.89	0.76	0.94	0.97	0.72	0.84	0.96	0.03	0.55	0.96	0.96	0.94	0.85
Property Plant And Equipment Net	1.0	0.99	0.59	0.99	0.98	0.96		0.8	0.96	0.99	0.99	0.92	1.0	0.78	0.83	0.95	0.99	0.53	0.91	0.99	0.1	0.55	0.99	0.99	0.96	0.84
Current Deferred Revenue	0.8	0.77	0.0	0.79	0.8	0.78	0.8		0.66	0.81	0.8	0.81	0.79	0.56	0.65	0.8	0.82	0.37	0.71	0.76	0.05	0.42	0.8	0.81	0.76	0.71
Net Debt	0.96	0.95	0.71	0.95	0.95	0.95	0.96	0.66		0.96	0.95	0.81	0.97	0.86	0.79	0.89	0.95	0.65	0.87	0.96	0.16	0.57	0.95	0.95	0.92	0.85
Retained Earnings	1.0	0.98	0.57	0.99	0.99	0.97	0.99	0.81	0.96		0.99	0.9	1.0	0.8	0.77	0.94	0.99	0.57	0.86	0.98	0.12	0.58	0.99	0.99	0.97	0.87
Accounts Payable	1.0	0.99	0.58	1.0	0.96	0.96	0.99	0.8	0.95	0.99		0.94	0.98	0.81	0.81	0.97	1.0	0.57	0.9	1.0	0.04	0.5	1.0	1.0	0.97	0.8
Cash	0.93	0.95	0.44	0.94	0.87	0.85	0.92	0.81	0.81	0.9	0.94		0.9	0.64	0.79	0.97	0.93	0.37	0.87	0.93	-0.08	0.37	0.94	0.94	0.93	0.63
Non Current Assets Total	1.0	0.98	0.6	0.98	0.99	0.97	1.0	0.79	0.97	1.0	0.98	0.9		0.79	0.8	0.93	0.99	0.55	0.88	0.99	0.16	0.6	0.98	0.99	0.96	0.88
Non Currrent Assets Other	0.8	0.79	0.55	0.8	0.78	0.89	0.78	0.56	0.86	0.8	0.81	0.64	0.79		0.64	0.81	0.8	0.93	0.7	0.8	-0.12	0.41	0.8	0.8	0.78	0.67
Long Term Debt	0.8	0.83	0.49	0.78	0.74	0.76	0.83	0.65	0.79	0.77	0.81	0.79	0.8	0.64		0.8	0.78	0.42	0.99	0.82	-0.13	0.27	0.82	0.79	0.68	0.58
Cash And Short Term Investments	0.96	0.98	0.5	0.97	0.91	0.94	0.95	0.8	0.89	0.94	0.97	0.97	0.93	0.81	0.8		0.97	0.59	0.88	0.96	-0.12	0.41	0.97	0.97	0.96	0.69
Net Receivables	1.0	0.99	0.57	1.0	0.98	0.97	0.99	0.82	0.95	0.99	1.0	0.93	0.99	0.8	0.78	0.97		0.56	0.87	0.99	0.07	0.54	1.0	1.0	0.98	0.83
Short Term Investments	0.56	0.53	0.41	0.56	0.55	0.72	0.53	0.37	0.65	0.57	0.57	0.37	0.55	0.93	0.42	0.59	0.56		0.47	0.55	-0.24	0.28	0.56	0.56	0.53	0.5
Non Current Liabilities Total	0.88	0.91	0.54	0.87	0.83	0.84	0.91	0.71	0.87	0.86	0.9	0.87	0.88	0.7	0.99	0.88	0.87	0.47		0.9	-0.11	0.34	0.9	0.88	0.79	0.65
Inventory	0.99	1.0	0.63	0.99	0.97	0.96	0.99	0.76	0.96	0.98	1.0	0.93	0.99	0.8	0.82	0.96	0.99	0.55	0.9		0.07	0.53	1.0	0.99	0.97	0.81
Other Current Assets	0.11	0.04	0.09	0.06	0.23	0.03	0.1	0.05	0.16	0.12	0.04	-0.08	0.16	-0.12	-0.13	-0.12	0.07	-0.24	-0.11	0.07		0.66	0.04	0.08	0.11	0.41
Other Stockholder Equity	0.57	0.49	0.35	0.52	0.67	0.55	0.55	0.42	0.57	0.58	0.5	0.37	0.6	0.41	0.27	0.41	0.54	0.28	0.34	0.53	0.66		0.5	0.54	0.55	0.73
Total Liab	1.0	1.0	0.59	1.0	0.96	0.96	0.99	0.8	0.95	0.99	1.0	0.94	0.98	0.8	0.82	0.97	1.0	0.56	0.9	1.0	0.04	0.5		1.0	0.98	0.79
Total Current Assets	1.0	0.99	0.57	1.0	0.98	0.96	0.99	0.81	0.95	0.99	1.0	0.94	0.99	0.8	0.79	0.97	1.0	0.56	0.88	0.99	0.08	0.54	1.0		0.98	0.82
Short Term Debt	0.98	0.97	0.58	0.99	0.96	0.94	0.96	0.76	0.92	0.97	0.97	0.93	0.96	0.78	0.68	0.96	0.98	0.53	0.79	0.97	0.11	0.55	0.98	0.98		0.79
Common Stock	0.84	0.77	0.46	0.8	0.91	0.85	0.84	0.71	0.85	0.87	0.8	0.63	0.88	0.67	0.58	0.69	0.83	0.5	0.65	0.81	0.41	0.73	0.79	0.82	0.79

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Zhejiang Yinlun Account Relationship Matchups

Zhejiang Yinlun fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	9.9B	12.0B	13.5B	16.2B	18.6B	19.5B
Short Long Term Debt Total	1.6B	2.4B	2.8B	3.4B	3.9B	4.1B
Other Current Liab	2.6M	41.8M	562.7M	154.5M	177.6M	186.5M
Total Current Liabilities	5.1B	6.0B	7.1B	8.7B	10.0B	10.5B
Total Stockholder Equity	3.9B	4.4B	4.7B	5.5B	6.3B	6.6B
Other Liab	101.0M	171.1M	175.4M	219.4M	252.4M	265.0M
Property Plant And Equipment Net	2.4B	3.1B	3.6B	4.3B	5.0B	5.2B
Current Deferred Revenue	477.6M	409.5M	34.0M	516.9M	594.4M	624.1M
Net Debt	811.5M	1.5B	1.8B	1.5B	1.7B	1.8B
Retained Earnings	2.0B	2.2B	2.5B	3.0B	3.4B	3.6B
Accounts Payable	3.2B	4.0B	4.7B	5.7B	6.5B	6.8B
Cash	797.9M	934.1M	972.2M	1.9B	2.2B	2.3B
Non Current Assets Total	3.9B	4.8B	5.5B	6.2B	7.2B	7.5B
Non Currrent Assets Other	440.6M	1.0B	808.4M	508.9M	585.3M	614.5M
Long Term Debt	202.4M	828.0M	822.6M	926.4M	1.1B	1.1B
Cash And Short Term Investments	1.1B	1.7B	1.5B	2.1B	2.4B	2.6B
Net Receivables	3.7B	4.0B	4.6B	5.6B	6.5B	6.8B
Short Term Investments	327.7M	734.0M	529.4M	209.4M	240.8M	153.2M
Liabilities And Stockholders Equity	9.9B	12.0B	13.5B	16.2B	18.6B	19.5B
Non Current Liabilities Total	377.8M	1.1B	1.1B	1.3B	1.5B	1.6B
Inventory	1.0B	1.5B	1.9B	2.1B	2.4B	2.5B
Other Current Assets	55.7M	89.5M	57.5M	100.0M	115.0M	91.8M
Other Stockholder Equity	913.0M	966.5M	980.8M	1.1B	1.3B	681.3M
Total Liab	5.5B	7.1B	8.3B	10.1B	11.6B	12.2B
Total Current Assets	6.0B	7.2B	8.0B	9.9B	11.4B	12.0B
Short Term Debt	1.4B	1.6B	1.8B	2.4B	2.7B	2.9B
Property Plant Equipment	2.2B	2.4B	3.1B	3.6B	4.2B	4.4B
Intangible Assets	485.4M	471.4M	767.2M	766.3M	881.2M	925.3M
Good Will	194.7M	165.9M	176.8M	179.0M	205.8M	120.3M
Net Tangible Assets	3.0B	3.3B	3.8B	3.7B	4.3B	3.2B
Deferred Long Term Liab	19.5M	21.4M	26.4M	25.0M	28.7M	16.8M
Short Long Term Debt	1.4B	1.5B	1.6B	2.1B	2.4B	1.3B
Non Current Liabilities Other	15.5M	35.8M	55.9M	80.9M	72.8M	141.3M
Net Invested Capital	5.5B	6.7B	7.1B	8.5B	9.8B	6.6B
Net Working Capital	848.0M	1.2B	859.3M	1.2B	1.4B	1.0B

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Other Information on Investing in Zhejiang Stock

Balance Sheet is a snapshot of the financial position of Zhejiang Yinlun Machinery at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Yinlun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Yinlun 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 Inventory vs Cash Analysis

Inventory vs Cash

Inventory vs Cash Correlation Analysis

Correlation Coefficient

Inventory

Cash

Zhejiang Yinlun fundamental ratios Correlations

Zhejiang Yinlun Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Yinlun fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets

Other Current Assets	- 0.24	Short Term Investments
Other Current Assets	- 0.13	Long Term Debt
Other Current Assets	- 0.12	Cash And Short Term Investments
Other Current Assets	- 0.12	Non Currrent Assets Other
Other Current Assets	- 0.11	Non Current Liabilities Total
Other Current Assets	- 0.08	Cash