Zhejiang Long Term Investments vs Deferred Long Term Liab Analysis

002761 Stock   12.62  1.15  10.03%   
Zhejiang Construction financial indicator trend analysis is more than just analyzing Zhejiang Construction current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Construction is a good investment. Please check the relationship between Zhejiang Construction Long Term Investments and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Construction Investment. 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 Deferred Long Term Liab

Long Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Construction Long Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Zhejiang Construction's Long Term Investments and Deferred Long Term Liab is 0.03. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Zhejiang Construction Investment, assuming nothing else is changed. The correlation between historical values of Zhejiang Construction's Long Term Investments and Deferred Long Term 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 Long Term Investments of Zhejiang Construction Investment are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Long Term Investments i.e., Zhejiang Construction's Long Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Investments

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

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Zhejiang Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Construction 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 Construction Investment. 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 285 M, whereas Tax Provision is forecasted to decline to about 238.9 M.
 2021 2022 2023 2024 (projected)
Operating Income2.7B2.5B1.5B1.1B
Total Revenue95.3B98.5B92.6B46.9B

Zhejiang Construction fundamental ratios Correlations

0.50.860.98-0.540.690.910.850.930.840.950.630.62-0.520.830.671.00.210.10.670.860.00.750.70.76-0.6
0.50.490.54-0.10.180.550.420.450.330.450.520.4-0.120.620.010.5-0.220.20.30.490.260.180.070.22-0.15
0.860.490.88-0.650.780.940.990.710.910.840.780.6-0.470.930.750.860.43-0.080.871.0-0.020.730.750.88-0.78
0.980.540.88-0.560.750.960.880.860.870.930.630.56-0.610.880.720.980.240.150.670.87-0.110.780.710.79-0.63
-0.54-0.1-0.65-0.56-0.8-0.6-0.63-0.44-0.84-0.73-0.75-0.350.69-0.62-0.69-0.54-0.810.08-0.81-0.620.43-0.35-0.92-0.850.92
0.690.180.780.75-0.80.830.820.460.950.730.650.15-0.820.780.860.680.710.170.830.76-0.490.60.90.95-0.9
0.910.550.940.96-0.60.830.950.720.910.860.720.5-0.620.960.760.910.320.110.760.94-0.190.770.720.86-0.72
0.850.420.990.88-0.630.820.950.660.920.810.70.56-0.520.910.80.850.42-0.090.830.98-0.090.780.760.91-0.78
0.930.450.710.86-0.440.460.720.660.670.920.520.63-0.280.610.470.930.140.140.550.720.150.60.60.56-0.44
0.840.330.910.87-0.840.950.910.920.670.880.760.43-0.720.870.830.840.640.060.90.9-0.30.650.930.98-0.91
0.950.450.840.93-0.730.730.860.810.920.880.730.61-0.560.80.650.950.390.130.750.84-0.130.620.820.8-0.71
0.630.520.780.63-0.750.650.720.70.520.760.730.47-0.40.80.480.630.44-0.030.860.78-0.060.330.630.71-0.74
0.620.40.60.56-0.350.150.50.560.630.430.610.47-0.120.580.280.63-0.08-0.570.320.620.410.470.310.41-0.27
-0.52-0.12-0.47-0.610.69-0.82-0.62-0.52-0.28-0.72-0.56-0.4-0.12-0.62-0.71-0.51-0.52-0.1-0.46-0.430.55-0.46-0.7-0.740.67
0.830.620.930.88-0.620.780.960.910.610.870.80.80.58-0.620.690.820.3-0.030.760.92-0.110.670.650.83-0.72
0.670.010.750.72-0.690.860.760.80.470.830.650.480.28-0.710.690.660.62-0.130.710.72-0.360.870.820.87-0.84
1.00.50.860.98-0.540.680.910.850.930.840.950.630.63-0.510.820.660.210.10.670.860.010.750.70.76-0.59
0.21-0.220.430.24-0.810.710.320.420.140.640.390.44-0.08-0.520.30.620.210.030.730.39-0.470.190.820.68-0.86
0.10.2-0.080.150.080.170.11-0.090.140.060.13-0.03-0.57-0.1-0.03-0.130.10.030.02-0.08-0.47-0.180.05-0.080.04
0.670.30.870.67-0.810.830.760.830.550.90.750.860.32-0.460.760.710.670.730.020.86-0.150.480.860.88-0.92
0.860.491.00.87-0.620.760.940.980.720.90.840.780.62-0.430.920.720.860.39-0.080.860.00.720.730.86-0.76
0.00.26-0.02-0.110.43-0.49-0.19-0.090.15-0.3-0.13-0.060.410.55-0.11-0.360.01-0.47-0.47-0.150.0-0.07-0.41-0.30.39
0.750.180.730.78-0.350.60.770.780.60.650.620.330.47-0.460.670.870.750.19-0.180.480.72-0.070.540.65-0.53
0.70.070.750.71-0.920.90.720.760.60.930.820.630.31-0.70.650.820.70.820.050.860.73-0.410.540.92-0.94
0.760.220.880.79-0.850.950.860.910.560.980.80.710.41-0.740.830.870.760.68-0.080.880.86-0.30.650.92-0.92
-0.6-0.15-0.78-0.630.92-0.9-0.72-0.78-0.44-0.91-0.71-0.74-0.270.67-0.72-0.84-0.59-0.860.04-0.92-0.760.39-0.53-0.94-0.92
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Zhejiang Construction Account Relationship Matchups

Zhejiang Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.3B86.8B99.2B111.1B121.7B63.7B
Other Current Liab9.3B12.4B16.6B20.9B5.1B4.8B
Total Current Liabilities62.8B68.2B79.2B90.8B99.1B61.5B
Total Stockholder Equity4.6B5.8B6.7B8.3B7.8B4.4B
Other Liab250.1M266.6M227.9M482.3M434.1M400.6M
Net Tangible Assets3.7B5.0B5.8B5.9B6.7B4.1B
Retained Earnings2.0B2.8B3.7B4.4B4.2B2.4B
Accounts Payable34.6B36.9B44.5B61.5B68.7B36.2B
Cash9.3B9.0B7.5B7.6B9.2B5.8B
Other Assets15.6B18.8B21.0B21.3B24.5B12.4B
Long Term Debt10.4B10.9B11.3B9.5B10.9B6.3B
Net Receivables33.8B27.6B60.1B29.2B26.2B27.3B
Good Will177.8M196.1M182.8M176.7M190.5M176.4M
Inventory14.9B1.3B1.3B1.1B4.2B6.5B
Other Current Assets1.9B3.7B5.2B5.3B4.4B3.0B
Other Stockholder Equity794.9M992.3M993.2M1.9B2.2B2.3B
Total Liab73.3B79.4B90.8B100.9B111.5B58.3B
Deferred Long Term Liab70.8M74.7M59.7M57.0M65.6M67.6M
Short Long Term Debt7.3B5.7B8.1B6.0B7.6B5.0B
Total Current Assets60.0B64.1B74.1B82.8B92.5B58.6B
Intangible Assets640.8M658.1M724.5M2.3B2.3B2.4B
Property Plant Equipment2.4B2.7B2.9B3.1B3.6B2.4B
Non Current Assets Total19.3B22.7B25.1B28.3B29.2B17.3B
Non Currrent Assets Other24.3M8.3B7.3B6.9B7.3B4.1B
Non Current Liabilities Total10.6B11.2B11.6B10.1B12.4B7.7B
Net Invested Capital22.2B22.4B26.0B23.8B26.3B19.2B
Net Working Capital(2.7B)(4.1B)(5.1B)(8.0B)(6.6B)(6.3B)
Net Debt8.3B7.6B11.8B7.8B9.3B9.1B
Non Current Liabilities Other5.5M10.8M44.9M29.2M6.2M5.9M

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Other Information on Investing in Zhejiang Stock

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