Zhongshan Retained Earnings vs Deferred Long Term Liab Analysis

002249 Stock   5.41  0.08  1.46%   
Zhongshan Broad financial indicator trend analysis is more than just analyzing Zhongshan Broad Ocean current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongshan Broad Ocean is a good investment. Please check the relationship between Zhongshan Broad Retained Earnings and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongshan Broad Ocean Motor. 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.

Retained Earnings vs Deferred Long Term Liab

Retained Earnings vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongshan Broad Ocean Retained Earnings account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zhongshan Broad's Retained Earnings and Deferred Long Term Liab is 0.29. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Zhongshan Broad Ocean Motor, assuming nothing else is changed. The correlation between historical values of Zhongshan Broad's Retained Earnings and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Zhongshan Broad Ocean Motor are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Retained Earnings i.e., Zhongshan Broad's Retained Earnings and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Zhongshan Broad's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongshan Broad Ocean 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 Zhongshan Broad Ocean Motor. 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 1.1 B, whereas Tax Provision is forecasted to decline to about 100.1 M.
 2021 2022 2023 2024 (projected)
Operating Income570.7M792.2M863.5M906.6M
Total Revenue10.0B10.9B11.3B5.7B

Zhongshan Broad fundamental ratios Correlations

0.390.980.98-0.10.860.730.830.90.10.90.630.980.730.90.980.860.460.470.820.080.670.930.860.88-0.48
0.390.320.36-0.330.10.180.210.55-0.530.440.820.40.530.220.460.210.640.230.110.60.190.30.170.44-0.12
0.980.320.94-0.140.880.720.820.90.140.90.580.990.70.90.960.860.440.380.810.00.620.90.870.86-0.51
0.980.360.940.030.820.770.810.820.120.870.560.910.70.880.930.830.320.50.840.070.70.910.840.84-0.47
-0.1-0.33-0.140.03-0.170.18-0.27-0.230.09-0.26-0.29-0.25-0.18-0.15-0.2-0.28-0.590.37-0.13-0.370.29-0.17-0.18-0.370.4
0.860.10.880.82-0.170.690.950.760.40.840.420.860.590.950.80.970.270.220.88-0.20.470.90.950.85-0.75
0.730.180.720.770.180.690.710.520.090.770.240.660.270.670.650.64-0.050.080.79-0.270.40.640.760.65-0.59
0.830.210.820.81-0.270.950.710.710.290.850.430.820.520.920.780.970.310.140.92-0.010.340.910.950.92-0.78
0.90.550.90.82-0.230.760.520.71-0.060.820.810.930.740.80.910.740.660.50.60.170.610.840.750.82-0.39
0.1-0.530.140.120.090.40.090.29-0.060.13-0.360.10.30.240.040.32-0.28-0.230.3-0.41-0.110.140.260.07-0.3
0.90.440.90.87-0.260.840.770.850.820.130.510.890.690.820.850.860.320.110.860.090.410.820.880.92-0.74
0.630.820.580.56-0.290.420.240.430.81-0.360.510.660.650.550.70.460.810.550.240.340.530.580.420.57-0.16
0.980.40.990.91-0.250.860.660.820.930.10.890.660.730.890.970.860.560.380.780.070.590.910.860.89-0.51
0.730.530.70.7-0.180.590.270.520.740.30.690.650.730.630.750.630.520.360.460.280.440.620.520.64-0.31
0.90.220.90.88-0.150.950.670.920.80.240.820.550.890.630.890.960.350.360.83-0.020.540.90.870.83-0.64
0.980.460.960.93-0.20.80.650.780.910.040.850.70.970.750.890.820.550.450.730.160.630.870.770.82-0.42
0.860.210.860.83-0.280.970.640.970.740.320.860.460.860.630.960.820.310.180.91-0.010.40.90.930.89-0.78
0.460.640.440.32-0.590.27-0.050.310.66-0.280.320.810.560.520.350.550.310.370.070.440.260.460.270.50.0
0.470.230.380.50.370.220.080.140.5-0.230.110.550.380.360.360.450.180.370.080.140.840.470.20.220.32
0.820.110.810.84-0.130.880.790.920.60.30.860.240.780.460.830.730.910.070.08-0.10.390.870.940.86-0.78
0.080.60.00.07-0.37-0.2-0.27-0.010.17-0.410.090.340.070.28-0.020.16-0.010.440.14-0.1-0.170.07-0.190.180.22
0.670.190.620.70.290.470.40.340.61-0.110.410.530.590.440.540.630.40.260.840.39-0.170.610.490.41-0.05
0.930.30.90.91-0.170.90.640.910.840.140.820.580.910.620.90.870.90.460.470.870.070.610.930.93-0.55
0.860.170.870.84-0.180.950.760.950.750.260.880.420.860.520.870.770.930.270.20.94-0.190.490.930.92-0.78
0.880.440.860.84-0.370.850.650.920.820.070.920.570.890.640.830.820.890.50.220.860.180.410.930.92-0.7
-0.48-0.12-0.51-0.470.4-0.75-0.59-0.78-0.39-0.3-0.74-0.16-0.51-0.31-0.64-0.42-0.780.00.32-0.780.22-0.05-0.55-0.78-0.7
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Zhongshan Broad Account Relationship Matchups

Zhongshan Broad fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.8B13.9B15.2B15.2B16.1B8.9B
Other Current Liab401.0M472.2M370.1M40.4M33.1M31.5M
Total Current Liabilities4.9B4.3B5.9B5.7B6.3B3.2B
Total Stockholder Equity7.1B8.5B8.1B8.3B8.7B4.8B
Retained Earnings(1.3B)506.5M547.2M216.8M416.7M245.5M
Accounts Payable3.6B3.5B5.0B4.7B5.2B5.4B
Cash1.1B2.5B2.8B2.5B2.5B1.4B
Other Assets620.8M673.2M728.0M686.4M789.4M828.8M
Net Receivables3.5B2.0B4.2B2.3B2.7B1.9B
Short Term Investments100.2M25.4M73.9M441M548.7M576.1M
Inventory2.3B2.3B2.9B2.4B2.0B1.3B
Other Current Assets502.2M479.7M531.4M105.3M169.1M309.8M
Total Liab6.5B5.2B7.0B6.8B7.3B3.9B
Intangible Assets779.4M697.7M599.6M545.7M447.0M389.6M
Property Plant Equipment2.7B2.5B2.2B2.2B2.6B1.4B
Other Liab799.3M874.9M892.2M849.5M976.9M1.0B
Long Term Debt755.3M26.9M9.6M15.7M39.5M37.5M
Good Will1.1B926.6M838.6M803.6M790.1M1.1B
Net Tangible Assets4.4B5.4B7.0B6.6B7.6B5.5B
Other Stockholder Equity73.2M745.9M312.7M(188.7M)(217.0M)(206.1M)
Deferred Long Term Liab67.2M50.1M59.8M73.4M66.0M56.6M
Total Current Assets7.5B8.5B10.5B9.8B9.9B9.1B
Non Current Assets Total6.2B5.3B4.7B5.4B6.2B5.0B
Non Currrent Assets Other123.4M103.3M96.7M122.3M108.4M84.3M
Non Current Liabilities Total1.6B919.5M1.1B1.1B993.8M1.0B
Short Long Term Debt197.9M17.7M31.9M59.3M25M23.8M
Non Current Liabilities Other302.6M318.5M346.2M371.6M428.5M347.0M
Net Invested Capital8.1B8.6B8.1B8.4B8.8B7.0B
Net Working Capital2.7B4.2B4.6B4.1B3.5B3.9B

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Other Information on Investing in Zhongshan Stock

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