Linzhou Retained Earnings vs Net Receivables Analysis

002535 Stock   4.52  0.10  2.26%   
Linzhou Heavy financial indicator trend analysis is infinitely more than just investigating Linzhou Heavy Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Linzhou Heavy Machinery is a good investment. Please check the relationship between Linzhou Heavy Retained Earnings and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Linzhou Heavy Machinery. 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 Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linzhou Heavy Machinery Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Linzhou Heavy's Retained Earnings and Net Receivables is 0.61. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Linzhou Heavy Machinery, assuming nothing else is changed. The correlation between historical values of Linzhou Heavy's Retained Earnings and Net Receivables 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 Linzhou Heavy Machinery are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Linzhou Heavy's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
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.

Net Receivables

Most indicators from Linzhou Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linzhou Heavy Machinery 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 Linzhou Heavy Machinery. 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 95.7 M, whereas Tax Provision is forecasted to decline to (17 M).

Linzhou Heavy fundamental ratios Correlations

0.080.940.76-0.110.320.880.850.640.850.930.330.860.760.540.820.260.260.10.22-0.120.260.420.280.320.26
0.080.11-0.050.16-0.09-0.23-0.250.02-0.060.13-0.20.14-0.350.150.34-0.11-0.140.06-0.1-0.060.02-0.16-0.01-0.18-0.14
0.940.110.540.140.070.820.730.640.70.890.110.960.850.70.840.430.010.060.0-0.330.450.180.470.110.02
0.76-0.050.54-0.680.810.740.810.50.880.740.690.350.360.060.48-0.180.790.370.680.42-0.220.84-0.180.750.75
-0.110.160.14-0.68-0.96-0.3-0.380.07-0.45-0.18-0.660.330.180.610.160.55-0.97-0.52-0.9-0.770.64-0.90.62-0.86-0.93
0.32-0.090.070.81-0.960.480.530.080.610.390.68-0.14-0.03-0.490.05-0.490.990.470.880.77-0.610.94-0.590.90.94
0.88-0.230.820.74-0.30.480.870.440.820.880.420.690.80.260.620.190.430.090.350.10.030.550.070.470.4
0.85-0.250.730.81-0.380.530.870.410.770.760.610.630.720.260.480.080.490.330.360.060.020.610.030.570.43
0.640.020.640.50.070.080.440.410.520.56-0.160.560.490.530.620.150.090.070.1-0.050.330.150.330.080.13
0.85-0.060.70.88-0.450.610.820.770.520.870.520.530.550.240.580.170.580.120.560.110.110.740.160.590.6
0.930.130.890.74-0.180.390.880.760.560.870.290.770.720.420.720.220.330.060.34-0.020.190.470.230.340.35
0.33-0.20.110.69-0.660.680.420.61-0.160.520.29-0.020.09-0.190.0-0.250.670.420.480.4-0.330.68-0.320.670.55
0.860.140.960.350.33-0.140.690.630.560.530.77-0.020.850.790.830.55-0.20.03-0.19-0.520.55-0.030.56-0.05-0.17
0.76-0.350.850.360.18-0.030.80.720.490.550.720.090.850.580.540.52-0.060.04-0.07-0.360.460.080.470.09-0.03
0.540.150.70.060.61-0.490.260.260.530.240.42-0.190.790.580.690.72-0.51-0.1-0.48-0.760.76-0.370.82-0.36-0.49
0.820.340.840.480.160.050.620.480.620.580.720.00.830.540.690.36-0.020.01-0.04-0.280.30.090.350.1-0.02
0.26-0.110.43-0.180.55-0.490.190.080.150.170.22-0.250.550.520.720.36-0.5-0.2-0.41-0.780.72-0.310.83-0.27-0.41
0.26-0.140.010.79-0.970.990.430.490.090.580.330.67-0.2-0.06-0.51-0.02-0.50.490.880.78-0.60.94-0.580.890.94
0.10.060.060.37-0.520.470.090.330.070.120.060.420.030.04-0.10.01-0.20.490.430.29-0.20.37-0.270.640.49
0.22-0.10.00.68-0.90.880.350.360.10.560.340.48-0.19-0.07-0.48-0.04-0.410.880.430.69-0.520.83-0.50.770.98
-0.12-0.06-0.330.42-0.770.770.10.06-0.050.11-0.020.4-0.52-0.36-0.76-0.28-0.780.780.290.69-0.860.56-0.880.570.72
0.260.020.45-0.220.64-0.610.030.020.330.110.19-0.330.550.460.760.30.72-0.6-0.2-0.52-0.86-0.360.95-0.46-0.54
0.42-0.160.180.84-0.90.940.550.610.150.740.470.68-0.030.08-0.370.09-0.310.940.370.830.56-0.36-0.350.870.89
0.28-0.010.47-0.180.62-0.590.070.030.330.160.23-0.320.560.470.820.350.83-0.58-0.27-0.5-0.880.95-0.35-0.45-0.52
0.32-0.180.110.75-0.860.90.470.570.080.590.340.67-0.050.09-0.360.1-0.270.890.640.770.57-0.460.87-0.450.87
0.26-0.140.020.75-0.930.940.40.430.130.60.350.55-0.17-0.03-0.49-0.02-0.410.940.490.980.72-0.540.89-0.520.87
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Linzhou Heavy Account Relationship Matchups

Linzhou Heavy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B4.8B4.0B4.2B4.0B4.8B
Other Current Liab205.6M391.4M512.4M679.4M250.1M345.5M
Total Current Liabilities3.2B3.1B3.0B3.0B2.7B2.8B
Total Stockholder Equity787.2M823.1M394.3M411.5M542.0M514.9M
Other Liab531.3M510.8M493.5M483.6M556.1M584.0M
Retained Earnings(1.8B)(1.8B)(2.2B)(2.2B)(2.1B)(2.0B)
Accounts Payable1.3B672.5M528.2M684.3M870.0M1.2B
Cash466.2M593.7M261.3M371.9M257.0M244.1M
Other Assets316.8M352.0M186.7M188.4M216.7M232.8M
Net Receivables928.4M427.4M319.3M466.5M518.7M1.0B
Inventory447.1M344.1M400.6M360.5M426.4M493.6M
Other Current Assets72.7M58.2M149.6M101.7M33.1M31.4M
Total Liab4.1B4.0B3.6B3.8B3.4B3.2B
Intangible Assets266.0M160.2M156.5M152.6M148.7M151.7M
Property Plant Equipment1.9B1.6B1.5B1.6B1.8B1.5B
Long Term Debt382.0M263.4M108.4M331.6M367.8M218.8M
Net Tangible Assets504.7M662.9M237.8M258.9M233.0M221.4M
Deferred Long Term Liab10.2M2.5M2.1M979.8K881.8K837.7K
Short Long Term Debt1.5B1.7B1.7B1.2B937.7M1.4B
Total Current Assets2.0B2.3B1.6B1.7B1.6B2.3B
Non Current Assets Total3.0B2.5B2.4B2.5B2.4B2.2B
Non Currrent Assets Other32.3M16.2M571.3K4.5M3.0M2.8M
Non Current Liabilities Total913.3M882.1M601.9M822.6M706.0M705.7M
Non Current Liabilities Other389.5M379.5M372.1M372.2M9.8M9.3M
Net Debt1.2B1.4B1.5B1.2B1.0B1.2B
Net Invested Capital2.5B2.8B2.2B2.0B1.8B2.3B
Net Working Capital(1.2B)(806.5M)(1.4B)(1.2B)(1.1B)(1.2B)

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Other Information on Investing in Linzhou Stock

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