Chaozhou Retained Earnings vs Current Deferred Revenue Analysis

300408 Stock   36.34  0.21  0.57%   
Chaozhou Three-circle financial indicator trend analysis is way more than just evaluating Chaozhou Three circle prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chaozhou Three circle is a good investment. Please check the relationship between Chaozhou Three-circle Retained Earnings and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chaozhou Three circle Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Current Deferred Revenue

Retained Earnings vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chaozhou Three circle Retained Earnings account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Chaozhou Three-circle's Retained Earnings and Current Deferred Revenue is -0.17. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Chaozhou Three circle Group, assuming nothing else is changed. The correlation between historical values of Chaozhou Three-circle's Retained Earnings and Current Deferred Revenue 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 Chaozhou Three circle Group are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Retained Earnings i.e., Chaozhou Three-circle's Retained Earnings and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Chaozhou Three-circle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chaozhou Three circle 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 Chaozhou Three circle Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 221.9 M, whereas Selling General Administrative is forecasted to decline to about 154.3 M.
 2021 2022 2023 2024 (projected)
Operating Income2.2B1.4B1.5B1.3B
Total Revenue6.2B5.1B5.7B3.7B

Chaozhou Three-circle fundamental ratios Correlations

0.660.730.941.00.990.99-0.17-0.740.990.830.80.960.920.12-0.360.940.820.930.650.98-0.190.950.890.890.68
0.660.40.850.630.620.65-0.51-0.040.660.390.150.830.51-0.36-0.290.430.430.55-0.020.61-0.190.680.450.31.0
0.730.40.660.730.710.73-0.22-0.580.720.760.660.650.620.07-0.10.660.740.610.680.740.140.690.860.790.42
0.940.850.660.930.910.93-0.28-0.540.930.750.620.980.79-0.07-0.380.80.750.820.410.92-0.180.930.80.730.86
1.00.630.730.930.990.99-0.16-0.770.990.840.820.950.930.14-0.360.950.830.930.670.98-0.190.950.890.90.65
0.990.620.710.910.990.97-0.12-0.750.990.820.80.950.930.19-0.350.940.840.930.680.96-0.210.920.870.880.64
0.990.650.730.930.990.97-0.23-0.750.980.830.810.960.950.08-0.470.950.770.950.650.99-0.280.950.890.880.67
-0.17-0.51-0.22-0.28-0.16-0.12-0.23-0.15-0.17-0.020.08-0.31-0.250.430.35-0.130.11-0.280.15-0.170.34-0.22-0.060.04-0.48
-0.74-0.04-0.58-0.54-0.77-0.75-0.75-0.15-0.71-0.83-0.98-0.56-0.77-0.460.34-0.89-0.67-0.73-0.81-0.790.26-0.73-0.77-0.89-0.06
0.990.660.720.930.990.990.98-0.17-0.710.790.760.960.920.13-0.380.920.820.930.660.96-0.160.910.880.870.68
0.830.390.760.750.840.820.83-0.02-0.830.790.90.730.750.35-0.320.850.850.730.660.88-0.190.840.940.920.4
0.80.150.660.620.820.80.810.08-0.980.760.90.640.80.41-0.380.920.740.770.780.85-0.270.790.860.940.16
0.960.830.650.980.950.950.96-0.31-0.560.960.730.640.88-0.04-0.420.850.730.90.470.93-0.270.930.80.750.84
0.920.510.620.790.930.930.95-0.25-0.770.920.750.80.880.15-0.530.970.651.00.690.92-0.440.860.810.840.51
0.12-0.360.07-0.070.140.190.080.43-0.460.130.350.41-0.040.150.070.240.340.10.570.120.020.00.250.33-0.34
-0.36-0.29-0.1-0.38-0.36-0.35-0.470.350.34-0.38-0.32-0.38-0.42-0.530.07-0.48-0.08-0.53-0.17-0.430.74-0.34-0.34-0.27-0.26
0.940.430.660.80.950.940.95-0.13-0.890.920.850.920.850.970.24-0.480.720.960.740.95-0.390.910.860.910.44
0.820.430.740.750.830.840.770.11-0.670.820.850.740.730.650.34-0.080.720.640.590.780.150.750.890.880.46
0.930.550.610.820.930.930.95-0.28-0.730.930.730.770.91.00.1-0.530.960.640.640.92-0.450.870.790.820.56
0.65-0.020.680.410.670.680.650.15-0.810.660.660.780.470.690.57-0.170.740.590.640.68-0.010.510.720.790.0
0.980.610.740.920.980.960.99-0.17-0.790.960.880.850.930.920.12-0.430.950.780.920.68-0.240.950.910.90.62
-0.19-0.190.14-0.18-0.19-0.21-0.280.340.26-0.16-0.19-0.27-0.27-0.440.020.74-0.390.15-0.45-0.01-0.24-0.27-0.08-0.07-0.14
0.950.680.690.930.950.920.95-0.22-0.730.910.840.790.930.860.0-0.340.910.750.870.510.95-0.270.820.820.68
0.890.450.860.80.890.870.89-0.06-0.770.880.940.860.80.810.25-0.340.860.890.790.720.91-0.080.820.950.47
0.890.30.790.730.90.880.880.04-0.890.870.920.940.750.840.33-0.270.910.880.820.790.9-0.070.820.950.32
0.681.00.420.860.650.640.67-0.48-0.060.680.40.160.840.51-0.34-0.260.440.460.560.00.62-0.140.680.470.32
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Chaozhou Three-circle Account Relationship Matchups

Chaozhou Three-circle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B12.3B18.6B19.6B21.8B22.9B
Short Long Term Debt Total19.5M14.2M51.7M216.1M1.2B1.2B
Other Current Liab21.6M284.4M295.9M644.2M491.6M250.2M
Total Current Liabilities479.4M769.9M1.6B1.5B2.4B2.5B
Total Stockholder Equity7.5B10.8B16.2B17.1B18.2B19.1B
Other Liab392.6M492.4M673.6M852.7M980.6M1.0B
Property Plant And Equipment Net2.5B3.2B5.0B5.9B5.9B6.2B
Current Deferred Revenue286.3M35.7M397.9M18.6M22.6M21.5M
Net Debt(1.1B)(2.9B)(5.5B)(4.3B)(1.7B)(1.8B)
Retained Earnings4.7B5.7B7.1B7.9B9.0B9.4B
Accounts Payable151.9M442.5M830.2M635.1M738.2M384.4M
Cash1.1B2.9B5.6B4.5B2.8B1.7B
Non Current Assets Total3.3B4.0B5.8B6.8B10.5B11.1B
Non Currrent Assets Other2.5B2.8B2.9B4.3B3.6B3.8B
Other Assets1.0116.9M273.7M267.2M1.151.09
Cash And Short Term Investments3.6B5.5B8.2B8.8B6.7B7.0B
Net Receivables1.1B2.0B2.5B1.8B2.8B1.7B
Short Term Investments2.5B2.5B2.7B4.3B3.8B4.0B
Liabilities And Stockholders Equity8.6B12.3B18.6B19.6B21.8B22.9B
Non Current Liabilities Total582.4M763.6M854.5M1.0B307.7M512.2M
Inventory646.9M885.5M1.8B1.9B1.8B1.8B
Other Current Assets17.6M29.3M259.4M348.9M61.7M58.6M
Other Stockholder Equity227.4M2.2B6.0B6.0B6.9B7.3B
Total Liab1.1B1.5B2.4B2.5B2.7B1.4B
Total Current Assets5.3B8.4B12.8B12.8B11.3B6.4B
Short Term Debt19.5M7.2M49.9M185.4M1.1B1.2B
Intangible Assets326.4M198.9M299.0M363.6M452.5M269.0M
Common Stock1.7B1.7B1.8B1.9B2.2B1.4B
Property Plant Equipment2.3B2.5B3.2B5.0B5.8B6.1B
Net Tangible Assets6.5B6.9B10.4B15.7B18.0B18.9B
Deferred Long Term Liab13.8M15.6M14.6M19.6M22.6M11.3M
Good Will253.8M242.4M218.0M224.2M237.3M192.4M
Common Stock Shares Outstanding1.7B1.7B1.8B1.9B2.2B2.0B
Net Invested Capital7.5B10.8B16.2B17.3B19.0B13.2B
Non Current Liabilities Other90.8M90.7M641.0K884.1K2.5M2.4M
Net Working Capital4.8B7.6B11.2B11.3B8.9B8.2B

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Other Information on Investing in Chaozhou Stock

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