Luolai Property Plant And Equipment Net vs Retained Earnings Analysis

002293 Stock   7.67  0.24  3.03%   
Luolai Home financial indicator trend analysis is infinitely more than just investigating Luolai Home Textile recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luolai Home Textile is a good investment. Please check the relationship between Luolai Home Property Plant And Equipment Net and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Luolai Home Textile. 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.

Property Plant And Equipment Net vs Retained Earnings

Property Plant And Equipment Net vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luolai Home Textile Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Luolai Home's Property Plant And Equipment Net and Retained Earnings is 0.57. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Luolai Home Textile, assuming nothing else is changed. The correlation between historical values of Luolai Home's Property Plant And Equipment Net 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 Property Plant And Equipment Net of Luolai Home Textile 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 Property Plant And Equipment Net i.e., Luolai Home's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 Luolai Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luolai Home Textile 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 Luolai Home Textile. 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 70.3 M. The current year's Tax Provision is expected to grow to about 114.1 M
 2021 2022 2023 2024 (projected)
Gross Profit2.6B2.4B2.5B1.5B
Total Revenue5.8B5.3B5.3B3.3B

Luolai Home fundamental ratios Correlations

0.550.50.810.970.70.58-0.20.960.980.590.860.740.870.780.950.050.280.810.990.460.910.920.670.530.28
0.550.310.880.40.890.320.190.360.530.580.820.680.340.460.48-0.24-0.070.90.470.970.370.40.460.68-0.16
0.50.310.370.490.32-0.260.130.450.510.120.40.270.450.340.650.120.460.410.520.180.50.350.470.130.3
0.810.880.370.730.920.51-0.070.720.80.730.980.830.680.670.75-0.070.070.990.780.840.70.730.570.70.09
0.970.40.490.730.610.57-0.370.990.950.620.80.730.860.810.940.080.40.710.990.320.910.920.620.480.39
0.70.890.320.920.610.54-0.040.570.720.690.930.840.440.630.65-0.320.080.930.640.820.530.540.660.62-0.14
0.580.32-0.260.510.570.54-0.290.550.590.480.550.540.440.690.41-0.060.130.480.550.310.460.510.370.380.09
-0.20.190.13-0.07-0.37-0.04-0.29-0.33-0.24-0.68-0.13-0.52-0.07-0.46-0.190.29-0.470.01-0.280.09-0.22-0.180.05-0.18-0.28
0.960.360.450.720.990.570.55-0.330.920.570.790.670.890.740.920.160.290.690.980.30.930.950.590.460.37
0.980.530.510.80.950.720.59-0.240.920.610.840.770.830.80.95-0.050.340.790.970.440.90.860.690.480.26
0.590.580.120.730.620.690.48-0.680.570.610.730.940.350.710.54-0.40.310.680.60.640.480.490.310.670.11
0.860.820.40.980.80.930.55-0.130.790.840.730.860.710.710.81-0.110.110.980.820.760.750.780.670.70.09
0.740.680.270.830.730.840.54-0.520.670.770.940.860.490.770.69-0.470.260.810.720.650.580.590.610.670.0
0.870.340.450.680.860.440.44-0.070.890.830.350.710.490.620.840.310.160.660.890.250.880.920.580.420.45
0.780.460.340.670.810.630.69-0.460.740.80.710.710.770.620.72-0.040.580.640.810.430.630.660.530.560.47
0.950.480.650.750.940.650.41-0.190.920.950.540.810.690.840.720.010.390.750.950.370.940.850.670.510.34
0.05-0.240.12-0.070.08-0.32-0.060.290.16-0.05-0.4-0.11-0.470.31-0.040.010.09-0.120.11-0.180.170.24-0.35-0.250.64
0.28-0.070.460.070.40.080.13-0.470.290.340.310.110.260.160.580.390.090.040.36-0.070.270.11-0.01-0.070.68
0.810.90.410.990.710.930.480.010.690.790.680.980.810.660.640.75-0.120.040.760.840.690.70.630.710.04
0.990.470.520.780.990.640.55-0.280.980.970.60.820.720.890.810.950.110.360.760.40.930.930.610.50.39
0.460.970.180.840.320.820.310.090.30.440.640.760.650.250.430.37-0.18-0.070.840.40.290.330.250.67-0.1
0.910.370.50.70.910.530.46-0.220.930.90.480.750.580.880.630.940.170.270.690.930.290.870.510.490.41
0.920.40.350.730.920.540.51-0.180.950.860.490.780.590.920.660.850.240.110.70.930.330.870.580.50.36
0.670.460.470.570.620.660.370.050.590.690.310.670.610.580.530.67-0.35-0.010.630.610.250.510.580.44-0.2
0.530.680.130.70.480.620.38-0.180.460.480.670.70.670.420.560.51-0.25-0.070.710.50.670.490.50.440.09
0.28-0.160.30.090.39-0.140.09-0.280.370.260.110.090.00.450.470.340.640.680.040.39-0.10.410.36-0.20.09
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Luolai Home Account Relationship Matchups

Luolai Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.4B5.8B6.3B7.0B6.8B3.7B
Short Long Term Debt Total23.8M92.2M670.0M1.1B1.1B1.2B
Other Current Liab204.0M176.7M178.7M611.3M166.2M202.0M
Total Current Liabilities1.1B1.4B1.7B2.1B2.2B2.3B
Total Stockholder Equity4.1B4.3B4.1B4.2B4.2B2.6B
Property Plant And Equipment Net412.5M982.1M1.5B1.5B1.6B1.6B
Current Deferred Revenue346.9M498.4M591.5M197.1M516.6M305.4M
Net Debt(1.8B)(1.6B)(462.6M)(65.5M)(998.2M)(1.0B)
Retained Earnings2.1B2.2B1.9B2.0B2.1B1.2B
Accounts Payable523.8M668.1M649.6M744.4M692.1M397.3M
Cash1.8B1.7B1.1B1.2B2.1B2.2B
Non Current Assets Total1.6B1.9B2.5B2.6B2.5B2.7B
Cash And Short Term Investments1.9B2.1B1.8B2.0B2.2B2.3B
Net Receivables588.2M604.1M588.2M699.0M463.5M381.6M
Common Stock Shares Outstanding832.4M828.7M834.7M838.5M837.3M808.2M
Liabilities And Stockholders Equity5.4B5.8B6.3B7.0B6.8B3.7B
Inventory1.2B1.1B1.3B1.6B1.3B819.0M
Other Current Assets51.9M137.6M93.9M74.2M122.1M116.0M
Other Stockholder Equity782.8M782.4M800.6M757.1M736.9M747.7M
Total Liab1.2B1.5B2.2B2.8B2.5B2.7B
Total Current Assets3.8B4.0B3.8B4.4B4.3B2.6B
Short Term Debt23.8M92.2M283.4M571.0M796.6M836.4M
Intangible Assets292.2M269.4M251.1M305.7M308.6M158.1M
Common Stock830.6M827.7M838.4M839.9M834.7M485.9M
Non Currrent Assets Other406.6M458.9M758.1M903.7M125.5M199.6M
Good Will192.1M128.2M123.7M132.8M133.0M159.1M
Property Plant Equipment412.5M982.1M1.5B1.5B1.7B1.8B
Other Liab84.7M86.4M87.9M95.8M110.2M62.8M
Non Current Liabilities Total84.7M86.4M474.5M663.7M374.1M203.8M
Short Term Investments58.4M395.1M684.4M772.7M85.7M81.4M
Net Tangible Assets3.6B3.9B3.7B3.7B4.3B3.5B
Deferred Long Term Liab55.3M62.2M57.0M102.9M118.3M63.9M
Short Long Term Debt23.8M92.2M203.1M492.7M260.8M232.4M
Non Current Liabilities Other3.4M6.1M143.7K107.4K58.8K55.9K
Net Invested Capital4.1B4.4B4.3B4.8B4.5B4.6B
Net Working Capital2.7B2.5B2.1B2.3B2.1B1.8B
Capital Stock830.6M827.7M838.4M839.9M834.7M903.0M

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Other Information on Investing in Luolai Stock

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