Zhejiang Retained Earnings vs Other Stockholder Equity Analysis

002637 Stock   11.10  0.40  3.74%   
Zhejiang Zanyu financial indicator trend analysis is more than just analyzing Zhejiang Zanyu Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Zanyu Technology is a good investment. Please check the relationship between Zhejiang Zanyu Retained Earnings and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Zanyu Technology. 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 Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Zanyu Technology Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhejiang Zanyu's Retained Earnings and Other Stockholder Equity is -0.82. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Zhejiang Zanyu Technology, assuming nothing else is changed. The correlation between historical values of Zhejiang Zanyu's Retained Earnings and Other Stockholder Equity 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 Zhejiang Zanyu Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Zhejiang Zanyu's Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.82
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.

Other Stockholder Equity

Most indicators from Zhejiang Zanyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Zanyu Technology 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 Zhejiang Zanyu Technology. 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 205.3 M. The current year's Tax Provision is expected to grow to about 97.5 M
 2021 2022 2023 2024 (projected)
Operating Income1.2B191.2M237.2M278.1M
Total Revenue11.2B11.2B9.6B5.4B

Zhejiang Zanyu fundamental ratios Correlations

0.670.950.960.830.820.850.620.930.80.960.790.990.720.970.90.830.82-0.490.730.530.960.890.380.270.42
0.670.750.50.480.270.760.220.660.880.560.410.710.50.610.520.380.2-0.020.820.30.540.550.270.530.8
0.950.750.830.780.660.920.50.930.860.880.590.980.550.940.910.660.7-0.280.80.460.880.830.30.470.54
0.960.50.830.790.890.710.670.860.660.950.890.920.780.930.830.90.89-0.620.570.560.940.850.420.040.23
0.830.480.780.790.830.620.460.710.620.840.650.830.590.810.870.790.75-0.690.460.380.890.850.050.20.28
0.820.270.660.890.830.530.60.690.490.820.850.770.750.760.820.920.88-0.820.390.540.920.880.34-0.120.02
0.850.760.920.710.620.530.450.860.830.760.570.870.50.840.820.50.52-0.10.840.210.780.680.320.50.49
0.620.220.50.670.460.60.450.450.280.560.570.580.530.540.490.630.58-0.490.430.430.620.560.1-0.07-0.04
0.930.660.930.860.710.690.860.450.860.840.650.930.630.910.860.660.68-0.250.780.490.830.820.520.450.52
0.80.880.860.660.620.490.830.280.860.670.490.820.620.740.720.490.38-0.070.880.380.70.760.550.650.83
0.960.560.880.950.840.820.760.560.840.670.80.940.650.970.870.840.88-0.560.520.40.940.790.280.130.28
0.790.410.590.890.650.850.570.570.650.490.80.720.870.730.610.890.73-0.710.450.430.820.70.41-0.20.04
0.990.710.980.920.830.770.870.580.930.820.940.720.670.960.910.80.79-0.450.760.540.940.890.330.340.47
0.720.50.550.780.590.750.50.530.630.620.650.870.670.620.510.820.55-0.610.610.510.730.760.51-0.020.29
0.970.610.940.930.810.760.840.540.910.740.970.730.960.620.910.760.84-0.420.640.40.920.80.320.250.36
0.90.520.910.830.870.820.820.490.860.720.870.610.910.510.910.690.81-0.450.620.40.930.880.260.310.31
0.830.380.660.90.790.920.50.630.660.490.840.890.80.820.760.690.85-0.830.430.640.90.840.3-0.090.12
0.820.20.70.890.750.880.520.580.680.380.880.730.790.550.840.810.85-0.70.280.530.880.770.22-0.15-0.04
-0.49-0.02-0.28-0.62-0.69-0.82-0.1-0.49-0.25-0.07-0.56-0.71-0.45-0.61-0.42-0.45-0.83-0.70.0-0.46-0.66-0.610.090.470.28
0.730.820.80.570.460.390.840.430.780.880.520.450.760.610.640.620.430.280.00.460.610.690.450.620.69
0.530.30.460.560.380.540.210.430.490.380.40.430.540.510.40.40.640.53-0.460.460.510.680.330.050.25
0.960.540.880.940.890.920.780.620.830.70.940.820.940.730.920.930.90.88-0.660.610.510.930.30.140.26
0.890.550.830.850.850.880.680.560.820.760.790.70.890.760.80.880.840.77-0.610.690.680.930.410.270.41
0.380.270.30.420.050.340.320.10.520.550.280.410.330.510.320.260.30.220.090.450.330.30.410.30.46
0.270.530.470.040.2-0.120.5-0.070.450.650.13-0.20.34-0.020.250.31-0.09-0.150.470.620.050.140.270.30.82
0.420.80.540.230.280.020.49-0.040.520.830.280.040.470.290.360.310.12-0.040.280.690.250.260.410.460.82
Click cells to compare fundamentals

Zhejiang Zanyu Account Relationship Matchups

Zhejiang Zanyu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B7.2B8.4B7.7B7.9B4.5B
Other Current Liab354.3M451.6M584.7M301.4M33.0M31.4M
Total Current Liabilities3.2B3.2B2.7B2.7B3.0B1.9B
Total Stockholder Equity2.7B2.9B4.0B3.6B3.7B2.0B
Other Liab49.8M84.6M130.3M122.3M140.6M147.7M
Retained Earnings1.0B1.3B2.0B1.9B1.8B1.9B
Accounts Payable1.3B1.5B982.6M1.0B571.9M694.4M
Cash389.2M823.8M632.8M593.7M703.0M426.5M
Other Assets489.2M368.4M423.3M330.8M380.4M229.2M
Net Receivables1.1B662.7M1.1B489.4M401.6M518.8M
Inventory889.5M940.2M1.3B1.4B1.4B766.7M
Other Current Assets187.8M397.2M624.5M503.2M292.9M205.0M
Total Liab3.5B3.8B4.0B4.0B4.1B2.3B
Intangible Assets281.0M697.3M1.6B396.3M502.9M305.5M
Common Stock423.5M422.7M422.6M470.4M541.0M288.8M
Property Plant Equipment2.9B2.7B2.4B2.8B3.2B3.3B
Long Term Debt254.3M569.6M1.2B1.1B894.2M485.2M
Net Tangible Assets2.1B2.1B2.3B3.1B3.6B2.2B
Other Stockholder Equity38.4M(27.6M)(64.9M)(69.3M)(62.3M)(59.2M)
Deferred Long Term Liab10.5M12.8M10.1M2.2M2.6M2.4M
Total Current Assets2.7B3.2B3.8B3.8B3.6B3.2B
Non Current Assets Total4.0B4.0B4.6B3.8B4.3B4.3B
Non Currrent Assets Other109.0M2.9M86.0M17.2M4.1M3.9M
Good Will288.4M109.2M128.6M74.9M80.3M141.3M
Short Term Investments123.9M25.2K110M106.5K95.8K91.0K
Non Current Liabilities Total304.1M657.2M1.3B1.2B1.1B775.2M
Short Long Term Debt1.2B1.0B933.5M1.1B1.4B1.2B
Net Debt1.1B786.5M1.5B1.6B1.5B1.3B
Common Stock Shares Outstanding423.5M422.7M422.6M470.4M541.0M487.5M
Net Invested Capital4.2B4.5B6.1B5.8B5.9B5.3B
Net Working Capital(489.2M)92.5M1.1B1.1B546.9M574.3M

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Other Information on Investing in Zhejiang Stock

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