Suzhou Retained Earnings vs Common Stock Shares Outstanding Analysis

002976 Stock   25.49  0.03  0.12%   
Suzhou Cheersson financial indicator trend analysis is much more than just breaking down Suzhou Cheersson Pre prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Cheersson Pre is a good investment. Please check the relationship between Suzhou Cheersson Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Cheersson Precision. 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 Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

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

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Suzhou Cheersson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Cheersson Pre 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 Suzhou Cheersson Precision. 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 57.4 M, whereas Tax Provision is forecasted to decline to about 3.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.3M8.0M11.7M12.3M
Depreciation And Amortization37.6M47.7M63.0M33.7M

Suzhou Cheersson fundamental ratios Correlations

0.970.220.980.850.930.950.990.420.550.850.980.640.990.84-0.230.690.980.820.970.990.970.760.980.740.91
0.970.310.980.750.860.860.970.260.70.840.980.470.980.83-0.410.550.990.740.990.980.970.610.990.670.86
0.220.310.210.220.210.140.14-0.530.260.140.190.050.17-0.12-0.090.130.310.20.290.220.140.170.240.470.35
0.980.980.210.730.850.870.980.370.70.81.00.480.990.9-0.390.550.990.70.990.990.990.611.00.660.84
0.850.750.220.730.940.950.790.530.10.840.730.890.780.520.170.920.740.930.740.790.740.970.740.830.94
0.930.860.210.850.940.990.910.420.270.810.850.80.90.70.040.820.850.940.830.90.860.890.840.820.89
0.950.860.140.870.950.990.920.530.270.820.870.830.910.720.030.860.860.910.850.910.880.910.860.780.91
0.990.970.140.980.790.910.920.380.610.830.990.541.00.9-0.290.60.970.780.960.990.980.680.980.70.85
0.420.26-0.530.370.530.420.530.38-0.160.440.350.660.360.430.140.640.290.420.30.340.420.570.350.190.46
0.550.70.260.70.10.270.270.61-0.160.430.7-0.280.640.67-0.77-0.170.710.110.720.630.65-0.090.710.190.36
0.850.840.140.80.840.810.820.830.440.430.80.60.820.63-0.160.660.820.820.820.820.780.690.810.610.91
0.980.980.191.00.730.850.870.990.350.70.80.460.990.91-0.40.530.990.70.980.990.990.61.00.660.83
0.640.470.050.480.890.80.830.540.66-0.280.60.460.520.290.430.990.470.830.460.540.50.960.470.640.74
0.990.980.170.990.780.90.911.00.360.640.820.990.520.9-0.320.580.980.760.971.00.990.660.990.70.85
0.840.83-0.120.90.520.70.720.90.430.670.630.910.290.9-0.410.320.850.520.820.870.920.410.880.50.6
-0.23-0.41-0.09-0.390.170.040.03-0.290.14-0.77-0.16-0.40.43-0.32-0.410.34-0.380.2-0.41-0.31-0.390.31-0.40.13-0.08
0.690.550.130.550.920.820.860.60.64-0.170.660.530.990.580.320.340.550.860.550.60.560.960.550.650.81
0.980.990.310.990.740.850.860.970.290.710.820.990.470.980.85-0.380.550.720.990.980.970.621.00.680.86
0.820.740.20.70.930.940.910.780.420.110.820.70.830.760.520.20.860.720.710.750.70.880.70.710.85
0.970.990.290.990.740.830.850.960.30.720.820.980.460.970.82-0.410.550.990.710.980.960.610.990.650.86
0.990.980.220.990.790.90.910.990.340.630.820.990.541.00.87-0.310.60.980.750.980.980.690.990.740.87
0.970.970.140.990.740.860.880.980.420.650.780.990.50.990.92-0.390.560.970.70.960.980.630.980.670.83
0.760.610.170.610.970.890.910.680.57-0.090.690.60.960.660.410.310.960.620.880.610.690.630.610.810.86
0.980.990.241.00.740.840.860.980.350.710.811.00.470.990.88-0.40.551.00.70.990.990.980.610.660.85
0.740.670.470.660.830.820.780.70.190.190.610.660.640.70.50.130.650.680.710.650.740.670.810.660.82
0.910.860.350.840.940.890.910.850.460.360.910.830.740.850.6-0.080.810.860.850.860.870.830.860.850.82
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Suzhou Cheersson Account Relationship Matchups

Suzhou Cheersson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets622.5M1.1B1.1B1.9B2.1B2.2B
Other Current Liab21.2M100.3K515.3K72.3M57.9K55.0K
Total Current Liabilities147.3M291.0M260.7M733.0M878.5M922.5M
Total Stockholder Equity396.5M755.7M784.7M753.3M822.8M541.8M
Other Liab5.0M7.5M10.0M11.9M13.6M14.3M
Net Tangible Assets304.2M368.2M718.2M744.5M856.1M898.9M
Property Plant And Equipment Net182.4M216.2M319.7M478.0M637.0M668.9M
Net Debt(95.1M)(267.0M)(151.5M)189.7M184.2M193.4M
Retained Earnings168.1M168.7M201.7M267.3M318.5M186.8M
Accounts Payable126.1M185.5M203.0M514.9M655.9M688.7M
Cash95.1M339.7M250.9M158.5M154.2M148.7M
Non Current Assets Total222.7M266.5M376.6M656.9M846.4M888.7M
Non Currrent Assets Other8.3M7.2M8.7M20.5M115.1M120.8M
Other Assets1.012.0M12.9M16.7M0.90.86
Cash And Short Term Investments112.1M463.1M309.0M279.1M221.0M195.8M
Net Receivables202.7M246.7M267.5M669.6M680.8M714.9M
Liabilities And Stockholders Equity622.5M1.1B1.1B1.9B2.1B2.2B
Non Current Liabilities Total7.5M60.0M82.7M327.9M309.0M324.4M
Inventory82.5M119.1M170.9M280.8M329.8M346.3M
Other Current Assets2.4M11.1M8.7M24.8M37.0M38.8M
Other Stockholder Equity131.5M461.8M436.2M327.0M338.3M248.2M
Total Liab154.8M350.9M343.4M1.1B1.2B1.2B
Deferred Long Term Liab1.7M1.2M1.5M2.3M2.7M1.6M
Total Current Assets399.8M839.9M756.1M1.3B1.3B700.3M
Intangible Assets26.9M36.3M35.4M60.1M57.8M34.6M
Property Plant Equipment151.2M182.4M216.2M319.7M367.6M386.0M
Net Invested Capital396.5M818.4M849.7M1.0B1.1B755.6M
Net Working Capital252.6M548.9M495.4M521.3M390.1M407.5M

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Other Information on Investing in Suzhou Stock

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