Zhejiang Treasury Stock vs Other Stockholder Equity Analysis

002236 Stock   16.94  0.09  0.53%   
Zhejiang Dahua financial indicator trend analysis is more than just analyzing Zhejiang Dahua Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Dahua Technology is a good investment. Please check the relationship between Zhejiang Dahua Treasury Stock and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Dahua Technology. 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.

Treasury Stock vs Other Stockholder Equity

Treasury Stock vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Dahua Technology Treasury Stock account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zhejiang Dahua's Treasury Stock and Other Stockholder Equity is 0.6. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Zhejiang Dahua Technology, assuming nothing else is changed. The correlation between historical values of Zhejiang Dahua's Treasury Stock 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 Treasury Stock of Zhejiang Dahua Technology 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 Treasury Stock i.e., Zhejiang Dahua's Treasury Stock and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Treasury Stock

Other Stockholder Equity

Most indicators from Zhejiang Dahua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Dahua Technology 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 Dahua Technology. 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.
The current year's Selling General Administrative is expected to grow to about 5.9 B. The current year's Tax Provision is expected to grow to about 678.8 M
 2021 2022 2023 2024 (projected)
Operating Income4.6B2.2B3.7B2.0B
Total Revenue32.8B30.6B32.2B33.8B

Zhejiang Dahua fundamental ratios Correlations

0.390.970.990.990.840.920.940.940.850.990.960.990.750.96-0.110.640.790.910.790.890.840.950.93-0.580.7
0.390.580.250.340.760.020.540.530.720.30.60.460.630.21-0.020.560.570.460.550.070.650.460.46-0.680.48
0.970.580.920.940.930.80.960.970.910.951.00.980.840.88-0.080.680.880.90.810.80.90.930.92-0.710.71
0.990.250.920.990.750.970.90.90.770.990.90.950.670.98-0.120.580.710.890.740.930.770.920.91-0.470.64
0.990.340.940.990.80.940.920.910.820.990.930.970.690.98-0.140.630.740.920.790.910.810.940.94-0.520.69
0.840.760.930.750.80.590.890.890.980.790.940.880.890.72-0.080.70.860.890.840.590.930.90.88-0.720.74
0.920.020.80.970.940.590.790.780.620.940.780.860.540.95-0.130.460.590.80.660.930.640.840.82-0.320.56
0.940.540.960.90.920.890.790.970.830.940.960.960.830.83-0.150.80.860.860.770.750.920.910.87-0.790.66
0.940.530.970.90.910.890.780.970.830.940.970.960.860.830.00.680.910.830.690.780.890.880.84-0.760.6
0.850.720.910.770.820.980.620.830.830.790.920.870.820.77-0.110.640.770.930.860.640.890.920.92-0.580.76
0.990.30.950.990.990.790.940.940.940.790.930.980.720.96-0.140.640.780.890.730.920.810.930.91-0.580.63
0.960.61.00.90.930.940.780.960.970.920.930.980.840.87-0.090.70.870.90.830.770.90.930.91-0.720.74
0.990.460.980.950.970.880.860.960.960.870.980.980.760.93-0.150.70.810.910.80.840.880.950.94-0.670.72
0.750.630.840.670.690.890.540.830.860.820.720.840.760.590.110.570.920.740.620.550.870.770.69-0.680.51
0.960.210.880.980.980.720.950.830.830.770.960.870.930.59-0.170.510.630.890.730.950.710.910.92-0.380.64
-0.11-0.02-0.08-0.12-0.14-0.08-0.13-0.150.0-0.11-0.14-0.09-0.150.11-0.17-0.580.26-0.25-0.2-0.13-0.2-0.24-0.280.23-0.17
0.640.560.680.580.630.70.460.80.680.640.640.70.70.570.51-0.580.50.660.680.370.80.70.67-0.820.62
0.790.570.880.710.740.860.590.860.910.770.780.870.810.920.630.260.50.680.60.610.810.730.66-0.730.52
0.910.460.90.890.920.890.80.860.830.930.890.90.910.740.89-0.250.660.680.850.80.890.990.99-0.470.72
0.790.550.810.740.790.840.660.770.690.860.730.830.80.620.73-0.20.680.60.850.520.770.860.85-0.480.96
0.890.070.80.930.910.590.930.750.780.640.920.770.840.550.95-0.130.370.610.80.520.630.820.82-0.310.39
0.840.650.90.770.810.930.640.920.890.890.810.90.880.870.71-0.20.80.810.890.770.630.910.87-0.750.63
0.950.460.930.920.940.90.840.910.880.920.930.930.950.770.91-0.240.70.730.990.860.820.910.99-0.550.73
0.930.460.920.910.940.880.820.870.840.920.910.910.940.690.92-0.280.670.660.990.850.820.870.99-0.50.74
-0.58-0.68-0.71-0.47-0.52-0.72-0.32-0.79-0.76-0.58-0.58-0.72-0.67-0.68-0.380.23-0.82-0.73-0.47-0.48-0.31-0.75-0.55-0.5-0.44
0.70.480.710.640.690.740.560.660.60.760.630.740.720.510.64-0.170.620.520.720.960.390.630.730.74-0.44
Click cells to compare fundamentals

Zhejiang Dahua Account Relationship Matchups

Zhejiang Dahua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.6B36.6B44.1B46.3B52.9B55.5B
Other Current Liab1.8B2.1B1.9B2.3B155.2M147.4M
Total Current Liabilities12.5B14.7B17.4B18.8B16.3B17.1B
Total Stockholder Equity15.6B19.8B23.6B25.8B34.7B36.5B
Retained Earnings11.8B15.3B17.9B19.4B23.3B24.5B
Accounts Payable8.1B9.7B11.8B11.7B9.1B4.9B
Cash3.1B7.5B7.7B8.0B16.0B16.8B
Other Assets3.6B3.5B3.3B3.1B3.6B3.8B
Net Receivables15.4B12.9B14.7B15.4B16.3B17.1B
Inventory3.8B4.9B6.8B7.3B5.3B2.7B
Other Current Assets684.5M720.7M836.6M953.6M1.2B1.3B
Total Liab13.6B16.4B19.9B20.0B17.0B17.8B
Intangible Assets411.8M406.8M584.1M557.2M594.7M624.4M
Common Stock3.0B3.0B3.0B3.0B3.5B1.8B
Property Plant Equipment2.0B2.7B4.4B5.4B6.2B6.5B
Other Liab793.7M741.3M690.2M502.7M578.1M548.5M
Net Tangible Assets15.2B19.3B23.0B25.3B29.1B16.4B
Other Stockholder Equity12.3M61.2M76.0M36.9M42.5M28.2M
Deferred Long Term Liab37.3M32.3M45.9M130.6M150.2M157.7M
Total Current Assets23.0B29.1B33.5B34.8B41.1B27.3B
Non Current Assets Total6.6B7.5B10.6B11.5B11.8B8.1B
Non Currrent Assets Other8.6M86.4M97.2M141.2M210.8M124.8M
Long Term Debt153.5M878M1.6B453.8M521.9M549.9M
Non Current Liabilities Total1.1B1.7B2.5B1.2B687.6M1.2B
Short Long Term Debt400.3M250.2M325.6M257.9M957.4M677.1M
Non Current Liabilities Other735.9M673.6M615.2M431.8M343.6M549.2M
Common Stock Shares Outstanding3.0B3.0B3.0B3.0B3.3B3.3B
Net Invested Capital16.2B20.9B25.5B26.5B35.7B23.9B
Net Working Capital10.4B14.5B16.1B15.9B24.8B15.4B
Capital Stock3.0B3.0B3.0B3.0B3.3B3.4B

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Other Information on Investing in Zhejiang Stock

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