Chaozhou Total Assets vs Retained Earnings 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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chaozhou Three circle Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have totally related.
The correlation between Chaozhou Three-circle's Total Assets and Retained Earnings is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Chaozhou Three circle Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Chaozhou Three-circle's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Chaozhou Three-circle assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chaozhou Three circle books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
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
Click cells to compare fundamentals

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.