Zhuzhou Short Term Debt vs Intangible Assets Analysis

300665 Stock   7.04  0.11  1.59%   
Zhuzhou Feilu financial indicator trend analysis is more than just analyzing Zhuzhou Feilu High current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuzhou Feilu High is a good investment. Please check the relationship between Zhuzhou Feilu Short Term Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuzhou Feilu High Tech. 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.

Short Term Debt vs Intangible Assets

Short Term Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuzhou Feilu High Short Term Debt account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zhuzhou Feilu's Short Term Debt and Intangible Assets is 0.65. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Zhuzhou Feilu High Tech, assuming nothing else is changed. The correlation between historical values of Zhuzhou Feilu's Short Term Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Zhuzhou Feilu High Tech are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Short Term Debt i.e., Zhuzhou Feilu's Short Term Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Zhuzhou Feilu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuzhou Feilu High 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 Zhuzhou Feilu High Tech. 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.
As of November 29, 2024, Tax Provision is expected to decline to about 1.7 M. In addition to that, Selling General Administrative is expected to decline to about 53.6 M
 2021 2022 2023 2024 (projected)
Gross Profit128.8M74.0M169.7M125.6M
Total Revenue625.1M664.3M825.0M569.5M

Zhuzhou Feilu fundamental ratios Correlations

0.850.580.90.920.890.360.780.660.970.720.910.720.990.970.790.790.910.990.70.910.98-0.010.860.580.9
0.850.50.970.720.990.050.990.460.820.520.980.530.840.840.620.610.990.830.90.730.83-0.150.950.460.85
0.580.50.490.390.560.460.520.060.570.150.540.150.610.610.570.40.580.560.180.450.54-0.150.68-0.010.56
0.90.970.490.820.970.180.930.60.870.660.990.660.890.890.680.680.980.90.910.840.90.00.910.610.88
0.920.720.390.820.770.390.620.850.860.840.810.840.920.870.70.920.790.950.660.920.930.190.690.650.74
0.890.990.560.970.770.130.970.50.880.571.00.570.880.870.690.651.00.870.850.780.87-0.170.970.490.85
0.360.050.460.180.390.13-0.020.370.310.410.160.410.340.410.490.320.170.39-0.070.380.39-0.060.150.450.36
0.780.990.520.930.620.97-0.020.320.750.370.950.380.790.790.530.530.960.750.880.640.77-0.220.940.330.83
0.660.460.060.60.850.50.370.320.650.910.570.910.630.550.50.660.530.710.490.810.650.330.390.840.44
0.970.820.570.870.860.880.310.750.650.720.90.730.940.910.820.680.890.960.630.90.95-0.020.860.620.83
0.720.520.150.660.840.570.410.370.910.720.631.00.650.620.730.660.60.760.510.80.70.270.480.880.52
0.910.980.540.990.811.00.160.950.570.90.630.630.90.890.710.681.00.90.860.820.89-0.10.960.550.86
0.720.530.150.660.840.570.410.380.910.731.00.630.650.620.730.660.60.760.510.810.70.260.480.880.52
0.990.840.610.890.920.880.340.790.630.940.650.90.650.970.70.820.890.990.690.90.980.00.860.480.9
0.970.840.610.890.870.870.410.790.550.910.620.890.620.970.770.790.890.960.710.840.98-0.010.840.50.93
0.790.620.570.680.70.690.490.530.50.820.730.710.730.70.770.580.70.780.410.690.770.00.70.620.61
0.790.610.40.680.920.650.320.530.660.680.660.680.660.820.790.580.650.840.550.740.820.230.580.370.61
0.910.990.580.980.791.00.170.960.530.890.61.00.60.890.890.70.650.890.850.810.89-0.120.970.530.87
0.990.830.560.90.950.870.390.750.710.960.760.90.760.990.960.780.840.890.70.930.980.050.830.60.88
0.70.90.180.910.660.85-0.070.880.490.630.510.860.510.690.710.410.550.850.70.650.710.080.720.510.78
0.910.730.450.840.920.780.380.640.810.90.80.820.810.90.840.690.740.810.930.650.910.190.710.70.79
0.980.830.540.90.930.870.390.770.650.950.70.890.70.980.980.770.820.890.980.710.910.040.820.580.9
-0.01-0.15-0.150.00.19-0.17-0.06-0.220.33-0.020.27-0.10.260.0-0.010.00.23-0.120.050.080.190.04-0.30.17-0.09
0.860.950.680.910.690.970.150.940.390.860.480.960.480.860.840.70.580.970.830.720.710.82-0.30.380.81
0.580.46-0.010.610.650.490.450.330.840.620.880.550.880.480.50.620.370.530.60.510.70.580.170.380.47
0.90.850.560.880.740.850.360.830.440.830.520.860.520.90.930.610.610.870.880.780.790.9-0.090.810.47
Click cells to compare fundamentals

Zhuzhou Feilu Account Relationship Matchups

Zhuzhou Feilu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.3B1.7B1.8B1.8B930.4M
Short Long Term Debt Total294.6M457.3M612.5M704.9M887.8M932.1M
Other Current Liab23.7M41.0M30.2M127.5M26.0M31.5M
Total Current Liabilities547.3M537.9M723.2M739.4M827.8M869.2M
Total Stockholder Equity452.7M524.4M548.8M533.2M556.0M381.7M
Property Plant And Equipment Net214.0M404.1M599.1M671.0M696.5M731.3M
Current Deferred Revenue29.1M37.7M37.3M56.6M4.3M4.1M
Net Debt111.0M228.7M390.2M588.6M759.2M797.2M
Retained Earnings168.9M191.9M197.0M94.7M115.0M121.6M
Accounts Payable200.0M273.7M420.3M368.4M333.1M185.2M
Cash183.6M228.7M222.4M116.3M128.6M131.7M
Non Current Assets Total356.4M539.8M768.8M802.3M838.1M880.1M
Non Currrent Assets Other34.5M20.2M44.9M867.7K11.2M15.8M
Cash And Short Term Investments183.6M228.7M225.4M116.3M130.6M132.2M
Net Receivables379.1M490.0M547.2M721.3M699.5M371.0M
Liabilities And Stockholders Equity1.0B1.3B1.7B1.8B1.8B930.4M
Inventory87.8M82.3M120.2M153.9M150.8M79.3M
Other Current Assets5.4M8.6M25.0M19.7M5.7M3.0M
Other Stockholder Equity152.0M156.3M137.8M222.7M215.0M137.2M
Total Liab555.1M817.9M1.1B1.3B1.3B1.3B
Total Current Assets655.9M809.5M917.8M1.0B986.6M585.4M
Short Term Debt294.6M185.5M235.4M186.9M464.4M487.6M
Intangible Assets57.5M64.8M65.9M60.5M57.4M40.2M
Non Current Liabilities Total7.8M280.0M385.3M529.5M425.8M447.1M
Other Liab7.8M8.1M8.1M11.4M13.2M7.4M
Net Tangible Assets365.3M429.5M443.6M455.7M524.1M422.0M
Short Long Term Debt294.6M185.5M225.8M110.6M217.8M185.0M
Property Plant Equipment214.0M404.1M599.1M671.0M771.6M810.2M
Net Invested Capital747.3M981.7M1.1B1.2B1.2B1.0B
Net Working Capital108.6M271.6M194.6M271.9M169.4M175.8M
Short Term Investments(2.3M)(1.4M)3M(202.7K)2M2.1M
Deferred Long Term Liab2.3M1.4M344.9K202.7K182.4K173.3K

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Other Information on Investing in Zhuzhou Stock

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