Shenzhen Long Term Investments vs Retained Earnings Analysis

002429 Stock

5.12 0.03 0.59%

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

Long Term Investments vs Retained Earnings

Long Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen MTC Long Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.

The correlation between Shenzhen MTC's Long Term Investments and Retained Earnings is -0.89. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shenzhen MTC Co, assuming nothing else is changed. The correlation between historical values of Shenzhen MTC's Long Term Investments 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 Long Term Investments of Shenzhen MTC Co 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 Long Term Investments i.e., Shenzhen MTC's Long Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.89

Relationship Direction	Negative
Relationship Strength	Significant

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Long Term Investments

Long Term Investments is an item on the asset side of Shenzhen MTC balance sheet that represents investments Shenzhen MTC intends to hold for over a year. Shenzhen MTC Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

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 MTC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen MTC 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 MTC Co. 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 387 M. The current year's Tax Provision is expected to grow to about 67.1 M

	2021	2022	2023	2024 (projected)
Operating Income	2.7B	1.6B	2.1B	1.2B
Total Revenue	22.5B	15.0B	17.2B	12.0B

Operating Income Total Revenue

Shenzhen MTC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Treasury Stock	Net Tangible Assets	Long Term Debt	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total
Total Assets		0.43	0.94	0.98	0.77	0.88	0.96	0.71	0.29	0.86	0.97	0.41	0.98	0.93	0.95	0.84	-0.08	0.54	0.81	0.96	0.52	-0.39	0.86	-0.92	0.94	0.86
Other Current Liab	0.43		0.66	0.26	0.37	0.14	0.52	0.22	0.28	0.56	0.37	0.75	0.56	0.55	0.42	0.11	-0.15	0.25	0.27	0.24	-0.08	0.21	0.44	-0.37	0.5	0.08
Total Current Liabilities	0.94	0.66		0.84	0.69	0.77	0.95	0.66	0.23	0.83	0.9	0.65	0.98	0.94	0.88	0.74	-0.13	0.54	0.77	0.83	0.34	-0.24	0.88	-0.86	0.94	0.7
Total Stockholder Equity	0.98	0.26	0.84		0.74	0.9	0.92	0.65	0.26	0.81	0.95	0.26	0.92	0.88	0.92	0.86	0.01	0.51	0.79	0.99	0.55	-0.46	0.8	-0.89	0.88	0.91
Other Liab	0.77	0.37	0.69	0.74		0.6	0.64	0.81	0.67	0.76	0.7	0.14	0.79	0.62	0.9	0.48	-0.28	0.57	0.71	0.72	0.87	-0.14	0.46	-0.74	0.75	0.6
Retained Earnings	0.88	0.14	0.77	0.9	0.6		0.84	0.56	0.21	0.73	0.87	0.21	0.83	0.82	0.79	0.98	-0.07	0.41	0.74	0.92	0.47	-0.61	0.78	-0.89	0.86	0.91
Accounts Payable	0.96	0.52	0.95	0.92	0.64	0.84		0.65	0.16	0.79	0.95	0.59	0.96	0.94	0.88	0.83	-0.09	0.46	0.74	0.92	0.33	-0.33	0.94	-0.89	0.95	0.81
Cash	0.71	0.22	0.66	0.65	0.81	0.56	0.65		0.31	0.48	0.7	0.37	0.73	0.52	0.8	0.53	-0.58	0.29	0.5	0.68	0.73	-0.23	0.64	-0.64	0.75	0.58
Other Assets	0.29	0.28	0.23	0.26	0.67	0.21	0.16	0.31		0.41	0.11	-0.09	0.31	0.21	0.42	0.1	-0.16	0.22	0.26	0.23	0.68	0.17	-0.02	-0.43	0.25	0.24
Net Receivables	0.86	0.56	0.83	0.81	0.76	0.73	0.79	0.48	0.41		0.82	0.24	0.86	0.83	0.83	0.68	-0.03	0.52	0.73	0.81	0.46	-0.33	0.63	-0.81	0.81	0.73
Inventory	0.97	0.37	0.9	0.95	0.7	0.87	0.95	0.7	0.11	0.82		0.42	0.94	0.89	0.92	0.85	-0.15	0.47	0.76	0.95	0.46	-0.47	0.89	-0.84	0.92	0.86
Other Current Assets	0.41	0.75	0.65	0.26	0.14	0.21	0.59	0.37	-0.09	0.24	0.42		0.54	0.49	0.35	0.25	-0.28	0.11	0.2	0.26	-0.19	0.21	0.69	-0.37	0.54	0.12
Total Liab	0.98	0.56	0.98	0.92	0.79	0.83	0.96	0.73	0.31	0.86	0.94	0.54		0.93	0.95	0.78	-0.16	0.55	0.8	0.9	0.49	-0.3	0.87	-0.9	0.96	0.79
Intangible Assets	0.93	0.55	0.94	0.88	0.62	0.82	0.94	0.52	0.21	0.83	0.89	0.49	0.93		0.85	0.79	0.05	0.51	0.76	0.86	0.27	-0.36	0.86	-0.83	0.9	0.76
Common Stock	0.95	0.42	0.88	0.92	0.9	0.79	0.88	0.8	0.42	0.83	0.92	0.35	0.95	0.85		0.71	-0.17	0.6	0.81	0.89	0.69	-0.27	0.76	-0.85	0.91	0.76
Property Plant Equipment	0.84	0.11	0.74	0.86	0.48	0.98	0.83	0.53	0.1	0.68	0.85	0.25	0.78	0.79	0.71		-0.14	0.26	0.63	0.9	0.36	-0.67	0.82	-0.85	0.82	0.93
Short Term Investments	-0.08	-0.15	-0.13	0.01	-0.28	-0.07	-0.09	-0.58	-0.16	-0.03	-0.15	-0.28	-0.16	0.05	-0.17	-0.14		0.4	0.24	-0.07	-0.29	0.26	-0.23	0.06	-0.19	-0.17
Good Will	0.54	0.25	0.54	0.51	0.57	0.41	0.46	0.29	0.22	0.52	0.47	0.11	0.55	0.51	0.6	0.26	0.4		0.91	0.43	0.43	0.19	0.28	-0.5	0.52	0.21
Treasury Stock	0.81	0.27	0.77	0.79	0.71	0.74	0.74	0.5	0.26	0.73	0.76	0.2	0.8	0.76	0.81	0.63	0.24	0.91		0.75	0.53	-0.14	0.58	-0.78	0.78	0.58
Net Tangible Assets	0.96	0.24	0.83	0.99	0.72	0.92	0.92	0.68	0.23	0.81	0.95	0.26	0.9	0.86	0.89	0.9	-0.07	0.43	0.75		0.54	-0.51	0.83	-0.92	0.9	0.93
Long Term Debt	0.52	-0.08	0.34	0.55	0.87	0.47	0.33	0.73	0.68	0.46	0.46	-0.19	0.49	0.27	0.69	0.36	-0.29	0.43	0.53	0.54		-0.12	0.2	-0.56	0.48	0.5
Other Stockholder Equity	-0.39	0.21	-0.24	-0.46	-0.14	-0.61	-0.33	-0.23	0.17	-0.33	-0.47	0.21	-0.3	-0.36	-0.27	-0.67	0.26	0.19	-0.14	-0.51	-0.12		-0.33	0.27	-0.32	-0.68
Deferred Long Term Liab	0.86	0.44	0.88	0.8	0.46	0.78	0.94	0.64	-0.02	0.63	0.89	0.69	0.87	0.86	0.76	0.82	-0.23	0.28	0.58	0.83	0.2	-0.33		-0.79	0.88	0.75
Long Term Investments	-0.92	-0.37	-0.86	-0.89	-0.74	-0.89	-0.89	-0.64	-0.43	-0.81	-0.84	-0.37	-0.9	-0.83	-0.85	-0.85	0.06	-0.5	-0.78	-0.92	-0.56	0.27	-0.79		-0.92	-0.84
Total Current Assets	0.94	0.5	0.94	0.88	0.75	0.86	0.95	0.75	0.25	0.81	0.92	0.54	0.96	0.9	0.91	0.82	-0.19	0.52	0.78	0.9	0.48	-0.32	0.88	-0.92		0.76
Non Current Assets Total	0.86	0.08	0.7	0.91	0.6	0.91	0.81	0.58	0.24	0.73	0.86	0.12	0.79	0.76	0.76	0.93	-0.17	0.21	0.58	0.93	0.5	-0.68	0.75	-0.84	0.76

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Shenzhen MTC Account Relationship Matchups

Shenzhen MTC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.0B	26.6B	25.6B	25.6B	26.7B	16.6B
Other Current Liab	380.2M	665.3M	414.6M	9.8M	9.0M	8.5M
Total Current Liabilities	11.2B	13.6B	10.8B	9.3B	7.7B	6.7B
Total Stockholder Equity	9.8B	11.4B	12.5B	13.6B	14.8B	8.5B
Other Liab	2.5B	1.0B	1.2B	1.3B	1.5B	767.9M
Retained Earnings	5.1B	6.9B	7.2B	7.6B	8.8B	9.2B
Accounts Payable	4.8B	6.1B	4.6B	4.3B	4.9B	2.9B
Cash	4.0B	3.7B	2.3B	4.2B	4.1B	2.9B
Other Assets	2.9B	365.0M	333.6M	526.7M	605.7M	498.9M
Net Receivables	4.1B	5.4B	9.1B	4.1B	4.6B	3.7B
Inventory	2.1B	2.4B	2.5B	2.2B	2.7B	1.7B
Other Current Assets	5.4B	5.7B	871.0M	625.1M	556.3M	528.5M
Total Liab	12.2B	14.8B	12.6B	11.7B	11.5B	7.9B
Intangible Assets	462.6M	677.9M	581.1M	505.3M	419.0M	301.3M
Property Plant Equipment	1.6B	4.2B	5.4B	6.4B	7.4B	7.8B
Short Term Investments	139.6M	177.1M	879.9M	931.7M	203.9M	193.7M
Good Will	751.9M	654.0M	562.4M	490.6M	573.3M	549.5M
Net Tangible Assets	7.6B	8.6B	10.2B	11.4B	13.1B	8.6B
Long Term Debt	700.2M	0.0	517.6M	1.2B	1.6B	981.4M
Other Stockholder Equity	46.2M	58.8M	(338.2K)	(25.5M)	(23.0M)	(21.8M)
Deferred Long Term Liab	8.7M	121.7M	111.7M	78.5M	90.3M	57.0M
Total Current Assets	16.3B	19.6B	15.7B	14.7B	15.5B	15.1B
Non Current Assets Total	5.7B	6.9B	9.9B	11.0B	11.2B	7.8B
Non Currrent Assets Other	154.0M	135.6M	305.8M	400.5M	204.3M	194.1M
Non Current Liabilities Total	1.0B	1.2B	1.9B	2.4B	3.8B	2.0B
Short Long Term Debt	3.9B	5.1B	3.4B	3.4B	1.1B	1.0B
Non Current Liabilities Other	3.9M	383.7K	7.4M	7.2M	6.4M	5.6M
Net Debt	554.3M	1.5B	1.6B	443.5M	510.0M	972.3M
Net Invested Capital	13.6B	16.5B	16.4B	18.3B	17.5B	16.9B
Net Working Capital	5.1B	6.0B	4.9B	5.4B	7.8B	6.5B

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Other Information on Investing in Shenzhen Stock

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

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Shenzhen Long Term Investments vs Retained Earnings Analysis

Long Term Investments vs Retained Earnings

Long Term Investments vs Retained Earnings Correlation Analysis

Correlation Coefficient

Long Term Investments

Retained Earnings

Shenzhen MTC fundamental ratios Correlations

Shenzhen MTC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen MTC fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

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Net Tangible Assets	+ 0.99	Total Stockholder Equity
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Property Plant Equipment	+ 0.98	Retained Earnings
Inventory	+ 0.97	Total Assets

Total Current Assets	- 0.92	Long Term Investments
Long Term Investments	- 0.92	Net Tangible Assets
Long Term Investments	- 0.92	Total Assets
Long Term Investments	- 0.9	Total Liab
Long Term Investments	- 0.89	Accounts Payable
Long Term Investments	- 0.89	Retained Earnings