Shenzhen Cash vs Retained Earnings Analysis

002334 Stock

8.10 0.26 3.32%

Shenzhen INVT financial indicator trend analysis is much more than just breaking down Shenzhen INVT Electric prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen INVT Electric is a good investment. Please check the relationship between Shenzhen INVT Cash and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen INVT Electric. 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.

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen INVT Electric Cash account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shenzhen INVT's Cash and Retained Earnings is 0.58. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shenzhen INVT Electric, assuming nothing else is changed. The correlation between historical values of Shenzhen INVT's Cash 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 Cash of Shenzhen INVT Electric 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 Cash i.e., Shenzhen INVT's Cash and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Shenzhen INVT Electric, which is listed under current asset account on Shenzhen INVT Electric balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shenzhen INVT customers. The amounts must be unrestricted with restricted cash listed in a different Shenzhen INVT 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.

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 Shenzhen INVT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen INVT Electric 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 Shenzhen INVT Electric. 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 73.8 M, whereas Selling General Administrative is forecasted to decline to about 285.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	199.2M	315.3M	442.4M	464.5M
Total Revenue	3.0B	4.1B	4.6B	4.8B

Operating Income Total Revenue

Shenzhen INVT fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.67	0.96	0.8	0.99	0.97	0.64	0.63	0.92	0.96	0.35	0.97	0.77	0.71	0.96	0.83	0.92	-0.23	-0.69	0.76	0.89	-0.83	0.78	0.89	0.9	0.79
Other Current Liab	0.67		0.76	0.64	0.65	0.71	0.45	0.3	0.67	0.71	0.23	0.7	0.37	0.52	0.59	0.56	0.54	0.11	-0.63	0.6	0.62	-0.71	0.66	0.79	0.75	0.71
Total Current Liabilities	0.96	0.76		0.74	0.95	0.99	0.55	0.54	0.94	0.98	0.3	0.99	0.69	0.71	0.95	0.82	0.91	-0.2	-0.8	0.76	0.88	-0.9	0.87	0.91	0.95	0.88
Total Stockholder Equity	0.8	0.64	0.74		0.82	0.75	0.79	0.52	0.75	0.78	0.27	0.71	0.68	0.87	0.7	0.5	0.65	-0.07	-0.66	0.68	0.57	-0.63	0.71	0.76	0.74	0.63
Retained Earnings	0.99	0.65	0.95	0.82		0.95	0.58	0.55	0.92	0.95	0.32	0.95	0.82	0.75	0.93	0.79	0.9	-0.18	-0.7	0.73	0.84	-0.82	0.78	0.86	0.89	0.79
Accounts Payable	0.97	0.71	0.99	0.75	0.95		0.56	0.56	0.92	0.97	0.29	0.99	0.71	0.72	0.97	0.83	0.93	-0.28	-0.8	0.77	0.88	-0.88	0.85	0.9	0.94	0.87
Cash	0.64	0.45	0.55	0.79	0.58	0.56		0.57	0.54	0.61	0.06	0.55	0.43	0.56	0.55	0.44	0.42	-0.09	-0.48	0.58	0.49	-0.48	0.54	0.63	0.56	0.37
Other Assets	0.63	0.3	0.54	0.52	0.55	0.56	0.57		0.49	0.53	0.65	0.59	0.2	0.26	0.65	0.57	0.67	-0.4	-0.28	0.55	0.61	-0.44	0.39	0.52	0.54	0.52
Net Receivables	0.92	0.67	0.94	0.75	0.92	0.92	0.54	0.49		0.93	0.24	0.91	0.72	0.76	0.86	0.64	0.83	0.02	-0.83	0.6	0.76	-0.85	0.89	0.81	0.9	0.86
Inventory	0.96	0.71	0.98	0.78	0.95	0.97	0.61	0.53	0.93		0.27	0.96	0.71	0.74	0.93	0.78	0.86	-0.19	-0.81	0.74	0.8	-0.86	0.83	0.88	0.92	0.86
Other Current Assets	0.35	0.23	0.3	0.27	0.32	0.29	0.06	0.65	0.24	0.27		0.33	0.05	0.12	0.36	0.38	0.44	-0.2	-0.06	0.34	0.36	-0.25	0.16	0.31	0.3	0.24
Total Liab	0.97	0.7	0.99	0.71	0.95	0.99	0.55	0.59	0.91	0.96	0.33		0.69	0.65	0.98	0.89	0.94	-0.3	-0.73	0.81	0.92	-0.88	0.82	0.92	0.95	0.85
Intangible Assets	0.77	0.37	0.69	0.68	0.82	0.71	0.43	0.2	0.72	0.71	0.05	0.69		0.67	0.69	0.51	0.68	-0.12	-0.54	0.47	0.6	-0.56	0.58	0.58	0.6	0.5
Common Stock	0.71	0.52	0.71	0.87	0.75	0.72	0.56	0.26	0.76	0.74	0.12	0.65	0.67		0.61	0.33	0.58	-0.01	-0.8	0.49	0.44	-0.59	0.76	0.62	0.65	0.62
Property Plant Equipment	0.96	0.59	0.95	0.7	0.93	0.97	0.55	0.65	0.86	0.93	0.36	0.98	0.69	0.61		0.91	0.96	-0.43	-0.67	0.82	0.9	-0.86	0.78	0.88	0.92	0.81
Long Term Debt	0.83	0.56	0.82	0.5	0.79	0.83	0.44	0.57	0.64	0.78	0.38	0.89	0.51	0.33	0.91		0.86	-0.52	-0.38	0.87	0.91	-0.73	0.54	0.86	0.81	0.62
Other Liab	0.92	0.54	0.91	0.65	0.9	0.93	0.42	0.67	0.83	0.86	0.44	0.94	0.68	0.58	0.96	0.86		-0.46	-0.6	0.8	0.91	-0.77	0.72	0.83	0.87	0.82
Good Will	-0.23	0.11	-0.2	-0.07	-0.18	-0.28	-0.09	-0.4	0.02	-0.19	-0.2	-0.3	-0.12	-0.01	-0.43	-0.52	-0.46		-0.06	-0.49	-0.36	0.06	0.04	-0.24	-0.17	-0.15
Short Term Investments	-0.69	-0.63	-0.8	-0.66	-0.7	-0.8	-0.48	-0.28	-0.83	-0.81	-0.06	-0.73	-0.54	-0.8	-0.67	-0.38	-0.6	-0.06		-0.42	-0.47	0.8	-0.93	-0.63	-0.77	-0.82
Net Tangible Assets	0.76	0.6	0.76	0.68	0.73	0.77	0.58	0.55	0.6	0.74	0.34	0.81	0.47	0.49	0.82	0.87	0.8	-0.49	-0.42		0.82	-0.63	0.59	0.93	0.84	0.65
Other Stockholder Equity	0.89	0.62	0.88	0.57	0.84	0.88	0.49	0.61	0.76	0.8	0.36	0.92	0.6	0.44	0.9	0.91	0.91	-0.36	-0.47	0.82		-0.73	0.63	0.88	0.83	0.69
Deferred Long Term Liab	-0.83	-0.71	-0.9	-0.63	-0.82	-0.88	-0.48	-0.44	-0.85	-0.86	-0.25	-0.88	-0.56	-0.59	-0.86	-0.73	-0.77	0.06	0.8	-0.63	-0.73		-0.92	-0.78	-0.92	-0.79
Long Term Investments	0.78	0.66	0.87	0.71	0.78	0.85	0.54	0.39	0.89	0.83	0.16	0.82	0.58	0.76	0.78	0.54	0.72	0.04	-0.93	0.59	0.63	-0.92		0.76	0.9	0.83
Total Current Assets	0.89	0.79	0.91	0.76	0.86	0.9	0.63	0.52	0.81	0.88	0.31	0.92	0.58	0.62	0.88	0.86	0.83	-0.24	-0.63	0.93	0.88	-0.78	0.76		0.94	0.78
Non Current Assets Total	0.9	0.75	0.95	0.74	0.89	0.94	0.56	0.54	0.9	0.92	0.3	0.95	0.6	0.65	0.92	0.81	0.87	-0.17	-0.77	0.84	0.83	-0.92	0.9	0.94		0.89
Non Currrent Assets Other	0.79	0.71	0.88	0.63	0.79	0.87	0.37	0.52	0.86	0.86	0.24	0.85	0.5	0.62	0.81	0.62	0.82	-0.15	-0.82	0.65	0.69	-0.79	0.83	0.78	0.89

Click cells to compare fundamentals

Shenzhen INVT Account Relationship Matchups

Shenzhen INVT fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.8B	3.5B	4.9B	5.2B	5.4B
Other Current Liab	109.3M	125.4M	185.2M	666.3M	278.1M	147.5M
Total Current Liabilities	1.1B	1.1B	1.4B	2.2B	1.9B	2.0B
Total Stockholder Equity	1.6B	1.7B	1.9B	2.3B	2.6B	1.4B
Retained Earnings	647.4M	783.0M	965.3M	1.2B	1.4B	1.4B
Accounts Payable	593.7M	678.3M	753.3M	1.2B	1.0B	1.1B
Cash	494.9M	611.2M	668.5M	721.8M	957.6M	540.6M
Other Assets	120.5M	113.6M	109.7M	150.4M	172.9M	181.6M
Net Receivables	837.6M	532.2M	837.5M	1.0B	1.1B	1.2B
Inventory	386.6M	449.2M	714.3M	831.7M	734.7M	771.5M
Other Current Assets	73.6M	77.8M	117.7M	186.2M	219.1M	230.1M
Total Liab	1.1B	1.2B	1.6B	2.6B	2.5B	2.6B
Intangible Assets	117.1M	113.9M	125.1M	119.4M	182.7M	191.9M
Common Stock	754.2M	753.5M	753.5M	782.3M	899.6M	476.7M
Property Plant Equipment	484.2M	562.1M	717.3M	902.2M	1.0B	1.1B
Other Liab	38.2M	34.7M	33.3M	52.9M	60.8M	63.8M
Good Will	328.9M	198.8M	61.3M	50.2M	45.2M	42.9M
Net Tangible Assets	1.4B	1.5B	1.7B	2.1B	2.4B	1.7B
Deferred Long Term Liab	34.6M	19.9M	14.3M	12.3M	11.1M	10.5M
Total Current Assets	1.8B	1.9B	2.4B	3.6B	3.7B	2.6B
Non Current Assets Total	859.9M	946.4M	1.1B	1.3B	1.4B	1.2B
Non Currrent Assets Other	36.7M	36.7M	37.6M	68.9M	46.0M	44.4M
Non Current Liabilities Total	38.2M	84.7M	206.1M	318.2M	547.6M	574.9M
Short Long Term Debt	259M	151M	270.7M	202.8M	160.2M	221.1M
Common Stock Shares Outstanding	754.2M	753.5M	753.5M	791.7M	801.4M	842.9M
Net Invested Capital	1.8B	1.9B	2.3B	2.7B	3.1B	2.5B
Net Working Capital	734.9M	812.6M	956.5M	1.3B	1.8B	1.2B

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.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Shenzhen Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shenzhen Cash vs Retained Earnings Analysis

Cash vs Retained Earnings

Cash vs Retained Earnings Correlation Analysis

Correlation Coefficient

Cash

Retained Earnings

Shenzhen INVT fundamental ratios Correlations

Shenzhen INVT Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen INVT fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Accounts Payable
Inventory	+ 0.98	Total Current Liabilities
Property Plant Equipment	+ 0.98	Total Liab

Long Term Investments	- 0.93	Short Term Investments
Non Current Assets Total	- 0.92	Deferred Long Term Liab
Long Term Investments	- 0.92	Deferred Long Term Liab
Deferred Long Term Liab	- 0.9	Total Current Liabilities
Deferred Long Term Liab	- 0.88	Total Liab
Deferred Long Term Liab	- 0.88	Accounts Payable