Guangdong Retained Earnings vs Deferred Long Term Liab Analysis

002295 Stock   7.26  0.06  0.83%   
Guangdong Jingyi financial indicator trend analysis is much more than just examining Guangdong Jingyi Metal latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Jingyi Metal is a good investment. Please check the relationship between Guangdong Jingyi 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 Guangdong Jingyi Metal. 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 Guangdong Jingyi Metal Retained Earnings account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Guangdong Jingyi's Retained Earnings and Deferred Long Term Liab is -0.81. 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 Guangdong Jingyi Metal, assuming nothing else is changed. The correlation between historical values of Guangdong Jingyi'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 Guangdong Jingyi Metal 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., Guangdong Jingyi's Retained Earnings and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

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 Guangdong Jingyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Jingyi Metal 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 Guangdong Jingyi Metal. 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 Tax Provision is expected to grow to about 9.2 M, whereas Selling General Administrative is forecasted to decline to about 11.9 M.
 2021 2022 2023 2024 (projected)
Operating Income112.4M67.5M58.1M90.1M
Total Revenue6.7B4.8B2.7B4.0B

Guangdong Jingyi fundamental ratios Correlations

0.00.930.890.70.880.790.860.660.880.460.20.940.340.74-0.07-0.050.7-0.56-0.70.910.840.610.10.67-0.12
0.00.13-0.09-0.58-0.32-0.08-0.04-0.480.170.05-0.530.080.31-0.06-0.010.39-0.510.510.38-0.02-0.04-0.55-0.11-0.540.65
0.930.130.650.590.730.80.830.430.870.30.041.00.160.480.01-0.140.52-0.45-0.540.880.720.460.020.54-0.01
0.89-0.090.650.640.840.590.680.760.740.580.340.680.530.95-0.130.120.72-0.5-0.720.750.810.60.170.63-0.21
0.7-0.580.590.640.860.720.760.880.440.260.550.640.080.45-0.31-0.370.92-0.89-0.860.790.70.850.150.92-0.62
0.88-0.320.730.840.860.80.810.780.630.340.350.780.180.68-0.12-0.260.9-0.77-0.810.830.780.790.30.9-0.25
0.79-0.080.80.590.720.80.950.520.490.230.050.820.080.37-0.19-0.30.65-0.68-0.670.840.630.510.30.73-0.06
0.86-0.040.830.680.760.810.950.620.590.260.060.860.310.47-0.34-0.220.7-0.64-0.710.910.740.570.220.71-0.13
0.66-0.480.430.760.880.780.520.620.450.460.580.480.40.66-0.45-0.010.86-0.79-0.850.710.750.840.150.82-0.62
0.880.170.870.740.440.630.490.590.450.350.110.860.330.64-0.010.170.44-0.24-0.50.780.790.4-0.150.39-0.01
0.460.050.30.580.260.340.230.260.460.350.220.310.440.660.120.10.19-0.41-0.320.270.160.14-0.160.32-0.12
0.2-0.530.040.340.550.350.050.060.580.110.220.070.00.37-0.02-0.140.59-0.46-0.450.250.310.56-0.190.36-0.84
0.940.081.00.680.640.780.820.860.480.860.310.070.160.5-0.01-0.160.57-0.51-0.580.90.740.510.040.6-0.03
0.340.310.160.530.080.180.080.310.40.330.440.00.160.61-0.460.380.180.04-0.230.30.420.1-0.040.02-0.02
0.74-0.060.480.950.450.680.370.470.660.640.660.370.50.610.00.220.58-0.34-0.560.530.640.470.060.44-0.21
-0.07-0.010.01-0.13-0.31-0.12-0.19-0.34-0.45-0.010.12-0.02-0.01-0.460.0-0.3-0.330.260.49-0.36-0.46-0.190.02-0.250.22
-0.050.39-0.140.12-0.37-0.26-0.3-0.22-0.010.170.1-0.14-0.160.380.22-0.3-0.230.34-0.02-0.080.18-0.28-0.11-0.340.2
0.7-0.510.520.720.920.90.650.70.860.440.190.590.570.180.58-0.33-0.23-0.8-0.850.740.760.880.180.88-0.54
-0.560.51-0.45-0.5-0.89-0.77-0.68-0.64-0.79-0.24-0.41-0.46-0.510.04-0.340.260.34-0.80.82-0.63-0.49-0.7-0.22-0.910.52
-0.70.38-0.54-0.72-0.86-0.81-0.67-0.71-0.85-0.5-0.32-0.45-0.58-0.23-0.560.49-0.02-0.850.82-0.79-0.82-0.62-0.19-0.80.5
0.91-0.020.880.750.790.830.840.910.710.780.270.250.90.30.53-0.36-0.080.74-0.63-0.790.910.640.080.7-0.25
0.84-0.040.720.810.70.780.630.740.750.790.160.310.740.420.64-0.460.180.76-0.49-0.820.910.640.130.61-0.28
0.61-0.550.460.60.850.790.510.570.840.40.140.560.510.10.47-0.19-0.280.88-0.7-0.620.640.640.230.82-0.54
0.1-0.110.020.170.150.30.30.220.15-0.15-0.16-0.190.04-0.040.060.02-0.110.18-0.22-0.190.080.130.230.220.07
0.67-0.540.540.630.920.90.730.710.820.390.320.360.60.020.44-0.25-0.340.88-0.91-0.80.70.610.820.22-0.35
-0.120.65-0.01-0.21-0.62-0.25-0.06-0.13-0.62-0.01-0.12-0.84-0.03-0.02-0.210.220.2-0.540.520.5-0.25-0.28-0.540.07-0.35
Click cells to compare fundamentals

Guangdong Jingyi Account Relationship Matchups

Guangdong Jingyi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.0B2.6B2.6B2.3B2.0B1.8B
Other Current Liab24.6M61.8M23.4M21.5M3.3M3.1M
Total Current Liabilities826.7M1.4B1.2B898.3M629.4M715.0M
Total Stockholder Equity1.2B1.2B1.3B1.3B1.3B1.1B
Other Liab20.1M26.5M44.8M39.0M44.9M47.1M
Retained Earnings321.7M351.9M410.6M439.0M424.7M302.9M
Accounts Payable278.5M755.3M578.2M629.5M338.7M244.0M
Cash346.9M689.9M535.9M528.2M366.5M314.9M
Other Assets75.5M71.5M168.0M163.7M188.2M197.7M
Net Receivables1.0B1.1B1.2B792.0M754.4M822.1M
Inventory152.8M246.6M309.7M232.9M231.7M254.4M
Other Current Assets28.8M32.1M38.1M21.9M95.5M100.3M
Total Liab846.8M1.4B1.3B985.0M712.6M740.4M
Intangible Assets40.4M39.5M24.8M24.0M33.2M27.5M
Property Plant Equipment242.0M230.3M211.7M232.9M209.6M193.6M
Net Tangible Assets1.1B1.2B1.3B1.3B1.5B1.3B
Other Stockholder Equity388.3K(484.0K)(1.1M)(1.1M)(1.0M)(961.8K)
Deferred Long Term Liab105.8K59.4K17.5K9.7K8.7K8.3K
Total Current Assets1.7B2.3B2.2B1.9B1.6B1.8B
Non Current Assets Total367.9M341.3M404.5M420.6M449.8M414.1M
Non Currrent Assets Other1.9M1.3M(5.5M)15.9M662.3K629.2K
Non Current Liabilities Total20.1M26.5M98.2M86.7M83.2M46.4M
Short Long Term Debt491.5M532.6M611.0M223.0M253.0M353.9M
Net Invested Capital1.7B1.8B1.9B1.5B1.6B1.4B
Net Working Capital841.9M904.3M970.8M971.6M970.0M984.1M

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.

Other Information on Investing in Guangdong Stock

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