Zhejiang Retained Earnings vs Total Liab 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 Total Liab 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 Total Liab

Retained Earnings vs Total Liab 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 Total Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhejiang Zanyu's Retained Earnings and Total Liab is 0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Liab 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 Total 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 Zhejiang Zanyu Technology are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Retained Earnings i.e., Zhejiang Zanyu's Retained Earnings and Total Liab go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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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.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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 Income	1.2B	191.2M	237.2M	278.1M
Total Revenue	11.2B	11.2B	9.6B	5.4B

Operating Income Total Revenue

Zhejiang Zanyu 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	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Good Will	Short Term Investments
Total Assets		0.67	0.95	0.96	0.83	0.82	0.85	0.62	0.93	0.8	0.96	0.79	0.99	0.72	0.97	0.9	0.83	0.82	-0.49	0.73	0.53	0.96	0.89	0.38	0.27	0.42
Other Current Liab	0.67		0.75	0.5	0.48	0.27	0.76	0.22	0.66	0.88	0.56	0.41	0.71	0.5	0.61	0.52	0.38	0.2	-0.02	0.82	0.3	0.54	0.55	0.27	0.53	0.8
Total Current Liabilities	0.95	0.75		0.83	0.78	0.66	0.92	0.5	0.93	0.86	0.88	0.59	0.98	0.55	0.94	0.91	0.66	0.7	-0.28	0.8	0.46	0.88	0.83	0.3	0.47	0.54
Total Stockholder Equity	0.96	0.5	0.83		0.79	0.89	0.71	0.67	0.86	0.66	0.95	0.89	0.92	0.78	0.93	0.83	0.9	0.89	-0.62	0.57	0.56	0.94	0.85	0.42	0.04	0.23
Other Liab	0.83	0.48	0.78	0.79		0.83	0.62	0.46	0.71	0.62	0.84	0.65	0.83	0.59	0.81	0.87	0.79	0.75	-0.69	0.46	0.38	0.89	0.85	0.05	0.2	0.28
Retained Earnings	0.82	0.27	0.66	0.89	0.83		0.53	0.6	0.69	0.49	0.82	0.85	0.77	0.75	0.76	0.82	0.92	0.88	-0.82	0.39	0.54	0.92	0.88	0.34	-0.12	0.02
Accounts Payable	0.85	0.76	0.92	0.71	0.62	0.53		0.45	0.86	0.83	0.76	0.57	0.87	0.5	0.84	0.82	0.5	0.52	-0.1	0.84	0.21	0.78	0.68	0.32	0.5	0.49
Cash	0.62	0.22	0.5	0.67	0.46	0.6	0.45		0.45	0.28	0.56	0.57	0.58	0.53	0.54	0.49	0.63	0.58	-0.49	0.43	0.43	0.62	0.56	0.1	-0.07	-0.04
Other Assets	0.93	0.66	0.93	0.86	0.71	0.69	0.86	0.45		0.86	0.84	0.65	0.93	0.63	0.91	0.86	0.66	0.68	-0.25	0.78	0.49	0.83	0.82	0.52	0.45	0.52
Net Receivables	0.8	0.88	0.86	0.66	0.62	0.49	0.83	0.28	0.86		0.67	0.49	0.82	0.62	0.74	0.72	0.49	0.38	-0.07	0.88	0.38	0.7	0.76	0.55	0.65	0.83
Inventory	0.96	0.56	0.88	0.95	0.84	0.82	0.76	0.56	0.84	0.67		0.8	0.94	0.65	0.97	0.87	0.84	0.88	-0.56	0.52	0.4	0.94	0.79	0.28	0.13	0.28
Other Current Assets	0.79	0.41	0.59	0.89	0.65	0.85	0.57	0.57	0.65	0.49	0.8		0.72	0.87	0.73	0.61	0.89	0.73	-0.71	0.45	0.43	0.82	0.7	0.41	-0.2	0.04
Total Liab	0.99	0.71	0.98	0.92	0.83	0.77	0.87	0.58	0.93	0.82	0.94	0.72		0.67	0.96	0.91	0.8	0.79	-0.45	0.76	0.54	0.94	0.89	0.33	0.34	0.47
Intangible Assets	0.72	0.5	0.55	0.78	0.59	0.75	0.5	0.53	0.63	0.62	0.65	0.87	0.67		0.62	0.51	0.82	0.55	-0.61	0.61	0.51	0.73	0.76	0.51	-0.02	0.29
Common Stock	0.97	0.61	0.94	0.93	0.81	0.76	0.84	0.54	0.91	0.74	0.97	0.73	0.96	0.62		0.91	0.76	0.84	-0.42	0.64	0.4	0.92	0.8	0.32	0.25	0.36
Property Plant Equipment	0.9	0.52	0.91	0.83	0.87	0.82	0.82	0.49	0.86	0.72	0.87	0.61	0.91	0.51	0.91		0.69	0.81	-0.45	0.62	0.4	0.93	0.88	0.26	0.31	0.31
Long Term Debt	0.83	0.38	0.66	0.9	0.79	0.92	0.5	0.63	0.66	0.49	0.84	0.89	0.8	0.82	0.76	0.69		0.85	-0.83	0.43	0.64	0.9	0.84	0.3	-0.09	0.12
Net Tangible Assets	0.82	0.2	0.7	0.89	0.75	0.88	0.52	0.58	0.68	0.38	0.88	0.73	0.79	0.55	0.84	0.81	0.85		-0.7	0.28	0.53	0.88	0.77	0.22	-0.15	-0.04
Other Stockholder Equity	-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	-0.7		0.0	-0.46	-0.66	-0.61	0.09	0.47	0.28
Deferred Long Term Liab	0.73	0.82	0.8	0.57	0.46	0.39	0.84	0.43	0.78	0.88	0.52	0.45	0.76	0.61	0.64	0.62	0.43	0.28	0.0		0.46	0.61	0.69	0.45	0.62	0.69
Long Term Investments	0.53	0.3	0.46	0.56	0.38	0.54	0.21	0.43	0.49	0.38	0.4	0.43	0.54	0.51	0.4	0.4	0.64	0.53	-0.46	0.46		0.51	0.68	0.33	0.05	0.25
Total Current Assets	0.96	0.54	0.88	0.94	0.89	0.92	0.78	0.62	0.83	0.7	0.94	0.82	0.94	0.73	0.92	0.93	0.9	0.88	-0.66	0.61	0.51		0.93	0.3	0.14	0.26
Non Current Assets Total	0.89	0.55	0.83	0.85	0.85	0.88	0.68	0.56	0.82	0.76	0.79	0.7	0.89	0.76	0.8	0.88	0.84	0.77	-0.61	0.69	0.68	0.93		0.41	0.27	0.41
Non Currrent Assets Other	0.38	0.27	0.3	0.42	0.05	0.34	0.32	0.1	0.52	0.55	0.28	0.41	0.33	0.51	0.32	0.26	0.3	0.22	0.09	0.45	0.33	0.3	0.41		0.3	0.46
Good Will	0.27	0.53	0.47	0.04	0.2	-0.12	0.5	-0.07	0.45	0.65	0.13	-0.2	0.34	-0.02	0.25	0.31	-0.09	-0.15	0.47	0.62	0.05	0.14	0.27	0.3		0.82
Short Term Investments	0.42	0.8	0.54	0.23	0.28	0.02	0.49	-0.04	0.52	0.83	0.28	0.04	0.47	0.29	0.36	0.31	0.12	-0.04	0.28	0.69	0.25	0.26	0.41	0.46	0.82

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Zhejiang Zanyu Account Relationship Matchups

Zhejiang Zanyu fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	7.2B	8.4B	7.7B	7.9B	4.5B
Other Current Liab	354.3M	451.6M	584.7M	301.4M	33.0M	31.4M
Total Current Liabilities	3.2B	3.2B	2.7B	2.7B	3.0B	1.9B
Total Stockholder Equity	2.7B	2.9B	4.0B	3.6B	3.7B	2.0B
Other Liab	49.8M	84.6M	130.3M	122.3M	140.6M	147.7M
Retained Earnings	1.0B	1.3B	2.0B	1.9B	1.8B	1.9B
Accounts Payable	1.3B	1.5B	982.6M	1.0B	571.9M	694.4M
Cash	389.2M	823.8M	632.8M	593.7M	703.0M	426.5M
Other Assets	489.2M	368.4M	423.3M	330.8M	380.4M	229.2M
Net Receivables	1.1B	662.7M	1.1B	489.4M	401.6M	518.8M
Inventory	889.5M	940.2M	1.3B	1.4B	1.4B	766.7M
Other Current Assets	187.8M	397.2M	624.5M	503.2M	292.9M	205.0M
Total Liab	3.5B	3.8B	4.0B	4.0B	4.1B	2.3B
Intangible Assets	281.0M	697.3M	1.6B	396.3M	502.9M	305.5M
Common Stock	423.5M	422.7M	422.6M	470.4M	541.0M	288.8M
Property Plant Equipment	2.9B	2.7B	2.4B	2.8B	3.2B	3.3B
Long Term Debt	254.3M	569.6M	1.2B	1.1B	894.2M	485.2M
Net Tangible Assets	2.1B	2.1B	2.3B	3.1B	3.6B	2.2B
Other Stockholder Equity	38.4M	(27.6M)	(64.9M)	(69.3M)	(62.3M)	(59.2M)
Deferred Long Term Liab	10.5M	12.8M	10.1M	2.2M	2.6M	2.4M
Total Current Assets	2.7B	3.2B	3.8B	3.8B	3.6B	3.2B
Non Current Assets Total	4.0B	4.0B	4.6B	3.8B	4.3B	4.3B
Non Currrent Assets Other	109.0M	2.9M	86.0M	17.2M	4.1M	3.9M
Good Will	288.4M	109.2M	128.6M	74.9M	80.3M	141.3M
Short Term Investments	123.9M	25.2K	110M	106.5K	95.8K	91.0K
Non Current Liabilities Total	304.1M	657.2M	1.3B	1.2B	1.1B	775.2M
Short Long Term Debt	1.2B	1.0B	933.5M	1.1B	1.4B	1.2B
Net Debt	1.1B	786.5M	1.5B	1.6B	1.5B	1.3B
Common Stock Shares Outstanding	423.5M	422.7M	422.6M	470.4M	541.0M	487.5M
Net Invested Capital	4.2B	4.5B	6.1B	5.8B	5.9B	5.3B
Net Working Capital	(489.2M)	92.5M	1.1B	1.1B	546.9M	574.3M

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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.

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Zhejiang Retained Earnings vs Total Liab Analysis

Retained Earnings vs Total Liab

Retained Earnings vs Total Liab Correlation Analysis

Correlation Coefficient

Retained Earnings

Total Liab

Zhejiang Zanyu fundamental ratios Correlations

Zhejiang Zanyu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Zanyu fundamental ratios Accounts

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Total Liab	+ 0.99	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Common Stock	+ 0.97	Total Assets
Common Stock	+ 0.97	Inventory
Total Stockholder Equity	+ 0.96	Total Assets
Inventory	+ 0.96	Total Assets

Other Stockholder Equity	- 0.83	Long Term Debt
Other Stockholder Equity	- 0.82	Retained Earnings
Other Stockholder Equity	- 0.71	Other Current Assets
Other Stockholder Equity	- 0.7	Net Tangible Assets
Other Stockholder Equity	- 0.69	Other Liab
Total Current Assets	- 0.66	Other Stockholder Equity