Zhuzhou Total Current Assets vs Intangible Assets Analysis

300665 Stock   12.85  1.21  10.40%   
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 Total Current Assets 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.

Total Current Assets vs Intangible Assets

Total Current Assets 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 Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zhuzhou Feilu's Total Current Assets and Intangible Assets is 0.91. Overlapping area represents the amount of variation of Total Current Assets 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 Total Current Assets 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 Total Current Assets 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 Total Current Assets i.e., Zhuzhou Feilu's Total Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
The current year's Selling General Administrative is expected to grow to about 52 M, whereas Tax Provision is projected to grow to (20.9 M).
 2022 2023 2024 2025 (projected)
Gross Profit74.0M169.7M62.0M119.2M
Total Revenue664.3M825.0M518.5M569.6M

Zhuzhou Feilu fundamental ratios Correlations

0.850.520.90.890.910.20.860.230.880.640.930.710.970.840.690.820.910.990.730.890.9-0.050.880.240.91
0.850.410.980.670.99-0.110.98-0.210.960.420.980.510.80.980.870.660.990.830.930.690.96-0.190.95-0.140.86
0.520.410.410.390.50.450.490.040.440.150.490.140.590.430.340.350.50.520.130.440.43-0.150.62-0.010.51
0.90.980.410.770.980.010.95-0.060.970.550.990.630.850.980.860.710.990.890.930.80.99-0.050.920.030.88
0.890.670.390.770.740.340.640.520.740.830.790.850.920.70.530.880.750.930.60.920.80.170.680.440.7
0.910.990.50.980.740.00.97-0.090.980.491.00.570.870.970.850.71.00.890.870.760.97-0.20.98-0.030.87
0.2-0.110.450.010.340.0-0.10.55-0.020.410.040.350.260.0-0.040.170.020.25-0.210.310.06-0.030.030.650.22
0.860.980.490.950.640.97-0.1-0.20.920.330.960.410.830.940.780.630.970.820.880.680.93-0.240.96-0.160.87
0.23-0.210.04-0.060.52-0.090.55-0.2-0.070.67-0.020.570.32-0.2-0.310.23-0.080.29-0.240.48-0.040.36-0.110.880.01
0.880.960.440.970.740.98-0.020.92-0.070.560.980.640.820.950.890.680.980.870.860.780.97-0.120.940.030.82
0.640.420.150.550.830.490.410.330.670.560.550.980.620.440.440.580.510.70.390.780.550.270.420.730.45
0.930.980.490.990.791.00.040.96-0.020.980.550.630.890.960.840.721.00.910.870.810.98-0.140.960.040.87
0.710.510.140.630.850.570.350.410.570.640.980.630.660.530.540.650.590.760.480.810.630.250.490.660.54
0.970.80.590.850.920.870.260.830.320.820.620.890.660.790.570.820.870.980.660.90.87-0.030.850.250.86
0.840.980.430.980.70.970.00.94-0.20.950.440.960.530.790.90.730.970.830.930.690.98-0.120.91-0.120.85
0.690.870.340.860.530.85-0.040.78-0.310.890.440.840.540.570.90.570.860.670.810.540.86-0.130.81-0.110.67
0.820.660.350.710.880.70.170.630.230.680.580.720.650.820.730.570.70.860.620.730.780.170.640.080.68
0.910.990.50.990.751.00.020.97-0.080.980.511.00.590.870.970.860.70.890.880.780.98-0.160.97-0.010.88
0.990.830.520.890.930.890.250.820.290.870.70.910.760.980.830.670.860.890.720.910.90.00.860.280.89
0.730.930.130.930.60.87-0.210.88-0.240.860.390.870.480.660.930.810.620.880.720.610.90.00.77-0.150.79
0.890.690.440.80.920.760.310.680.480.780.780.810.810.90.690.540.730.780.910.610.80.160.710.470.77
0.90.960.430.990.80.970.060.93-0.040.970.550.980.630.870.980.860.780.980.90.90.8-0.070.910.020.86
-0.05-0.19-0.15-0.050.17-0.2-0.03-0.240.36-0.120.27-0.140.25-0.03-0.12-0.130.17-0.160.00.00.16-0.07-0.320.25-0.12
0.880.950.620.920.680.980.030.96-0.110.940.420.960.490.850.910.810.640.970.860.770.710.91-0.32-0.070.83
0.24-0.14-0.010.030.44-0.030.65-0.160.880.030.730.040.660.25-0.12-0.110.08-0.010.28-0.150.470.020.25-0.070.1
0.910.860.510.880.70.870.220.870.010.820.450.870.540.860.850.670.680.880.890.790.770.86-0.120.830.1
Click cells to compare fundamentals

Zhuzhou Feilu Account Relationship Matchups

Zhuzhou Feilu fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.7B1.8B1.8B1.8B1.0B
Short Long Term Debt Total457.3M612.5M704.9M887.8M1.0B1.1B
Other Current Liab41.0M30.2M127.5M26.0M26.2M31.3M
Total Current Liabilities537.9M723.2M739.4M827.8M942.3M989.4M
Total Stockholder Equity524.4M548.8M533.2M556.0M422.8M387.6M
Property Plant And Equipment Net404.1M599.1M671.0M696.5M738.6M775.5M
Current Deferred Revenue37.7M37.3M56.6M4.3M5.0M4.7M
Net Debt228.7M390.2M588.6M759.2M653.1M685.7M
Retained Earnings191.9M197.0M94.7M115.0M(34.2M)(32.4M)
Accounts Payable273.7M420.3M368.4M333.1M465.1M488.3M
Cash228.7M222.4M116.3M128.6M105.3M130.6M
Non Current Assets Total539.8M768.8M802.3M838.1M870.9M914.4M
Non Currrent Assets Other20.2M44.9M867.7K11.2M517.7K491.9K
Cash And Short Term Investments228.7M225.4M116.3M130.6M150.1M132.2M
Net Receivables490.0M547.2M721.3M699.5M503.3M384.0M
Liabilities And Stockholders Equity1.3B1.7B1.8B1.8B2.1B2.2B
Inventory82.3M120.2M153.9M150.8M193.5M203.2M
Other Current Assets8.6M25.0M19.7M5.7M41.5M43.6M
Other Stockholder Equity156.3M137.8M222.7M215.0M247.2M137.2M
Total Liab817.9M1.1B1.3B1.3B1.4B1.5B
Total Current Assets809.5M917.8M1.0B986.6M950.7M618.3M
Short Term Debt185.5M235.4M186.9M464.4M534.0M560.7M
Intangible Assets64.8M65.9M60.5M57.4M49.7M41.2M
Common Stock121.6M173.4M190.7M189.5M217.9M228.8M
Non Current Liabilities Total280.0M385.3M529.5M425.8M448.3M470.8M
Other Liab7.8M8.1M8.1M11.4M13.2M7.4M
Net Tangible Assets365.3M429.5M443.6M455.7M524.1M422.0M
Short Long Term Debt185.5M225.8M110.6M217.8M324.4M204.1M
Property Plant Equipment214.0M404.1M599.1M671.0M771.6M810.2M
Common Stock Shares Outstanding170.2M173.4M190.7M189.5M189.4M195.8M
Net Invested Capital981.7M1.1B1.2B1.2B1.2B1.0B
Net Working Capital271.6M194.6M271.9M169.4M8.4M8.0M
Short Term Investments(1.4M)3M(202.7K)2M530.4K557.0K
Deferred Long Term Liab2.3M1.4M344.9K202.7K182.4K173.3K
Capital Stock121.6M173.4M190.7M189.5M189.4M174.1M
Property Plant And Equipment Gross486.2M696.7M671.0M819.5M738.6M677.0M
Accumulated Other Comprehensive Income54.6M40.6M25.1M36.5M42.0M36.7M

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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.