Dongfeng Retained Earnings vs Long Term Investments Analysis

600006 Stock

7.23 0.13 1.77%

Dongfeng Automobile financial indicator trend analysis is much more than just examining Dongfeng Automobile latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongfeng Automobile is a good investment. Please check the relationship between Dongfeng Automobile Retained Earnings and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongfeng Automobile Co. 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 Long Term Investments

Retained Earnings vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongfeng Automobile Retained Earnings account and Long Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Dongfeng Automobile's Retained Earnings and Long Term Investments is 0.58. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Dongfeng Automobile Co, assuming nothing else is changed. The correlation between historical values of Dongfeng Automobile's Retained Earnings and Long Term Investments 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 Dongfeng Automobile Co are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Retained Earnings i.e., Dongfeng Automobile's Retained Earnings and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Long Term Investments

Long Term Investments is an item on the asset side of Dongfeng Automobile balance sheet that represents investments Dongfeng Automobile intends to hold for over a year. Dongfeng Automobile Co long term investments may include different instruments such as stocks, bonds, real estate and cash.

Most indicators from Dongfeng Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongfeng Automobile 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 Dongfeng Automobile Co. 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 2.8 M, whereas Selling General Administrative is forecasted to decline to about 490 M.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	117.7M	135.8M	122.2M	132.0M
Gross Profit	1.6B	1.1B	514.4M	488.7M

Other Operating Expenses Gross Profit

Dongfeng Automobile fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.52	0.97	0.74	0.6	0.67	0.96	0.57	0.59	0.65	0.38	0.73	0.26	0.98	0.43	0.91	0.31	-0.29	-0.01	0.14	-0.03	0.14	0.12	0.19	-0.1	0.09
Other Current Liab	0.52		0.49	0.1	0.3	-0.06	0.37	0.24	0.48	0.18	0.03	0.36	0.39	0.52	0.09	0.47	0.81	0.45	0.1	-0.28	-0.28	-0.3	-0.33	-0.41	0.54	-0.28
Total Current Liabilities	0.97	0.49		0.65	0.53	0.59	0.99	0.4	0.46	0.75	0.34	0.73	0.17	0.99	0.42	0.85	0.32	-0.24	-0.09	0.03	0.07	0.19	0.06	0.22	-0.08	0.17
Total Stockholder Equity	0.74	0.1	0.65		0.55	0.96	0.68	0.83	0.65	0.28	0.45	0.61	0.32	0.64	0.33	0.84	-0.3	-0.72	0.26	0.73	-0.11	0.14	0.63	0.46	-0.63	0.11
Other Liab	0.6	0.3	0.53	0.55		0.57	0.49	0.42	0.35	0.29	0.8	0.17	0.6	0.57	0.62	0.57	0.11	-0.45	0.28	0.29	-0.15	-0.09	0.27	0.34	-0.17	-0.06
Retained Earnings	0.67	-0.06	0.59	0.96	0.57		0.63	0.75	0.49	0.29	0.49	0.49	0.18	0.57	0.44	0.71	-0.43	-0.8	0.09	0.69	-0.06	0.23	0.58	0.47	-0.65	0.15
Accounts Payable	0.96	0.37	0.99	0.68	0.49	0.63		0.39	0.45	0.78	0.31	0.73	0.12	0.97	0.36	0.84	0.22	-0.3	-0.09	0.08	0.13	0.24	0.13	0.29	-0.18	0.24
Cash	0.57	0.24	0.4	0.83	0.42	0.75	0.39		0.7	-0.16	0.33	0.51	0.34	0.43	0.17	0.68	-0.12	-0.46	0.29	0.66	-0.32	0.02	0.45	0.22	-0.38	-0.29
Other Assets	0.59	0.48	0.46	0.65	0.35	0.49	0.45	0.7		0.03	0.13	0.6	0.34	0.49	-0.12	0.66	0.2	-0.12	0.32	0.44	-0.58	0.09	0.22	0.15	-0.1	0.0
Net Receivables	0.65	0.18	0.75	0.28	0.29	0.29	0.78	-0.16	0.03		0.14	0.32	-0.01	0.72	0.39	0.52	0.18	-0.18	-0.26	-0.25	0.38	0.15	-0.06	0.09	-0.07	0.48
Short Term Investments	0.38	0.03	0.34	0.45	0.8	0.49	0.31	0.33	0.13	0.14		0.04	0.56	0.34	0.73	0.42	-0.15	-0.63	0.42	0.4	-0.12	-0.13	0.4	0.53	-0.29	0.14
Inventory	0.73	0.36	0.73	0.61	0.17	0.49	0.73	0.51	0.6	0.32	0.04		0.09	0.71	-0.03	0.71	0.23	-0.15	0.05	0.23	-0.16	0.41	0.17	0.35	-0.19	-0.03
Other Current Assets	0.26	0.39	0.17	0.32	0.6	0.18	0.12	0.34	0.34	-0.01	0.56	0.09		0.18	0.22	0.53	0.12	-0.32	0.82	0.41	-0.07	-0.51	0.52	0.22	-0.25	-0.22
Total Liab	0.98	0.52	0.99	0.64	0.57	0.57	0.97	0.43	0.49	0.72	0.34	0.71	0.18		0.42	0.85	0.38	-0.19	-0.09	0.01	0.03	0.16	0.02	0.18	-0.02	0.13
Intangible Assets	0.43	0.09	0.42	0.33	0.62	0.44	0.36	0.17	-0.12	0.39	0.73	-0.03	0.22	0.42		0.36	-0.03	-0.49	-0.03	0.02	0.03	0.03	0.04	0.05	-0.01	0.05
Common Stock	0.91	0.47	0.85	0.84	0.57	0.71	0.84	0.68	0.66	0.52	0.42	0.71	0.53	0.85	0.36		0.15	-0.44	0.33	0.41	-0.01	-0.04	0.43	0.27	-0.33	0.06
Property Plant Equipment	0.31	0.81	0.32	-0.3	0.11	-0.43	0.22	-0.12	0.2	0.18	-0.15	0.23	0.12	0.38	-0.03	0.15		0.72	-0.16	-0.68	-0.19	-0.15	-0.68	-0.48	0.8	-0.29
Long Term Debt	-0.29	0.45	-0.24	-0.72	-0.45	-0.8	-0.3	-0.46	-0.12	-0.18	-0.63	-0.15	-0.32	-0.19	-0.49	-0.44	0.72		-0.31	-0.75	-0.13	-0.12	-0.76	-0.64	0.85	-0.23
Good Will	-0.01	0.1	-0.09	0.26	0.28	0.09	-0.09	0.29	0.32	-0.26	0.42	0.05	0.82	-0.09	-0.03	0.33	-0.16	-0.31		0.63	-0.18	-0.35	0.71	0.41	-0.38	-0.08
Net Tangible Assets	0.14	-0.28	0.03	0.73	0.29	0.69	0.08	0.66	0.44	-0.25	0.4	0.23	0.41	0.01	0.02	0.41	-0.68	-0.75	0.63		-0.2	0.03	0.91	0.64	-0.82	0.08
Other Stockholder Equity	-0.03	-0.28	0.07	-0.11	-0.15	-0.06	0.13	-0.32	-0.58	0.38	-0.12	-0.16	-0.07	0.03	0.03	-0.01	-0.19	-0.13	-0.18	-0.2		-0.3	0.15	-0.07	-0.24	0.12
Deferred Long Term Liab	0.14	-0.3	0.19	0.14	-0.09	0.23	0.24	0.02	0.09	0.15	-0.13	0.41	-0.51	0.16	0.03	-0.04	-0.15	-0.12	-0.35	0.03	-0.3		-0.11	0.27	-0.06	0.02
Long Term Investments	0.12	-0.33	0.06	0.63	0.27	0.58	0.13	0.45	0.22	-0.06	0.4	0.17	0.52	0.02	0.04	0.43	-0.68	-0.76	0.71	0.91	0.15	-0.11		0.66	-0.88	0.14
Total Current Assets	0.19	-0.41	0.22	0.46	0.34	0.47	0.29	0.22	0.15	0.09	0.53	0.35	0.22	0.18	0.05	0.27	-0.48	-0.64	0.41	0.64	-0.07	0.27	0.66		-0.72	0.39
Non Current Assets Total	-0.1	0.54	-0.08	-0.63	-0.17	-0.65	-0.18	-0.38	-0.1	-0.07	-0.29	-0.19	-0.25	-0.02	-0.01	-0.33	0.8	0.85	-0.38	-0.82	-0.24	-0.06	-0.88	-0.72		-0.29
Non Currrent Assets Other	0.09	-0.28	0.17	0.11	-0.06	0.15	0.24	-0.29	0.0	0.48	0.14	-0.03	-0.22	0.13	0.05	0.06	-0.29	-0.23	-0.08	0.08	0.12	0.02	0.14	0.39	-0.29

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Dongfeng Automobile Account Relationship Matchups

Dongfeng Automobile fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.8B	20.2B	19.9B	17.7B	19.2B	16.5B
Other Current Liab	972.4M	945.6M	1.1B	1.6B	1.9B	1.4B
Total Current Liabilities	10.6B	11.3B	10.7B	8.3B	9.7B	8.8B
Total Stockholder Equity	7.4B	7.8B	8.0B	8.2B	8.3B	6.4B
Other Liab	540.5M	612.8M	662.7M	675.3M	776.6M	815.4M
Retained Earnings	4.8B	5.2B	5.4B	5.6B	4.7B	3.2B
Accounts Payable	8.8B	9.5B	8.6B	6.5B	7.8B	7.0B
Cash	3.6B	5.5B	5.8B	6.2B	5.7B	4.0B
Other Assets	520.8M	570.9M	591.9M	655.1M	753.3M	487.2M
Net Receivables	8.0B	4.7B	3.6B	3.7B	3.7B	4.9B
Short Term Investments	776M	200M	802.7M	500.1M	1.0B	1.1B
Inventory	2.3B	2.5B	2.3B	1.5B	2.0B	1.9B
Other Current Assets	279.5M	145.8M	247.4M	498.1M	1.1B	1.1B
Total Liab	11.1B	12.1B	11.6B	9.2B	10.6B	9.4B
Intangible Assets	420.4M	398.6M	387.4M	383.8M	424.5M	276.1M
Property Plant Equipment	2.0B	2.2B	2.1B	1.9B	2.2B	3.0B
Net Tangible Assets	7.0B	7.4B	7.6B	7.8B	9.0B	7.4B
Other Stockholder Equity	16.6M	16.7M	15.9M	14.3M	12.9M	22.0M
Deferred Long Term Liab	13.5M	14.2M	4.6M	1.0M	1.2M	1.1M
Total Current Assets	14.4B	15.4B	15.2B	13.3B	14.6B	15.8B
Non Current Assets Total	4.4B	4.8B	4.7B	4.4B	4.6B	3.8B
Non Currrent Assets Other	3.2K	(648.7K)	(760.3K)	83.3M	94.4M	89.7M
Non Current Liabilities Total	540.5M	791.1M	845.8M	854.8M	845.1M	639.4M
Non Current Liabilities Other	237.0M	299.1M	361.9M	380.2M	394.4M	310.0M
Net Invested Capital	7.4B	7.8B	8.0B	8.2B	8.3B	8.4B
Net Working Capital	3.9B	4.1B	4.4B	5.0B	4.9B	4.6B

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Other Information on Investing in Dongfeng Stock

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

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Dongfeng Retained Earnings vs Long Term Investments Analysis

Retained Earnings vs Long Term Investments

Retained Earnings vs Long Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Investments

Dongfeng Automobile fundamental ratios Correlations

Dongfeng Automobile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dongfeng Automobile fundamental ratios Accounts

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Other Information on Investing in Dongfeng Stock

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Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.98	Total Assets
Total Current Liabilities	+ 0.97	Total Assets
Total Liab	+ 0.97	Accounts Payable
Accounts Payable	+ 0.96	Total Assets

Non Current Assets Total	- 0.88	Long Term Investments
Non Current Assets Total	- 0.82	Net Tangible Assets
Long Term Debt	- 0.8	Retained Earnings
Long Term Investments	- 0.76	Long Term Debt
Net Tangible Assets	- 0.75	Long Term Debt
Non Current Assets Total	- 0.72	Total Current Assets