Tengda Change To Operating Activities vs Dividends Paid Analysis

600512 Stock   2.46  0.04  1.65%   
Tengda Construction financial indicator trend analysis is much more than just breaking down Tengda Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tengda Construction is a good investment. Please check the relationship between Tengda Construction Change To Operating Activities and its Dividends Paid accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tengda Construction 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.

Change To Operating Activities vs Dividends Paid

Change To Operating Activities vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tengda Construction Change To Operating Activities account and Dividends Paid. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tengda Construction's Change To Operating Activities and Dividends Paid is -0.29. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Tengda Construction Group, assuming nothing else is changed. The correlation between historical values of Tengda Construction's Change To Operating Activities and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Tengda Construction Group are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Operating Activities i.e., Tengda Construction's Change To Operating Activities and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Operating Activities

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Tengda Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tengda Construction 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 Tengda Construction 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.
As of December 1, 2024, Selling General Administrative is expected to decline to about 72.5 M. In addition to that, Tax Provision is expected to decline to about 1.1 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses50.1M128.5M147.8M155.1M
Gross Profit1.3B759.8M415.5M642.0M

Tengda Construction fundamental ratios Correlations

0.420.830.820.690.830.870.370.510.440.9-0.270.840.390.660.110.590.840.30.90.340.850.820.78-0.30.2
0.420.640.1-0.010.130.190.110.570.160.560.210.11-0.050.07-0.32-0.060.07-0.310.250.020.150.030.150.090.05
0.830.640.570.550.570.550.150.660.270.88-0.010.610.410.56-0.330.120.560.230.67-0.030.560.410.58-0.25-0.04
0.820.10.570.930.980.70.070.180.250.59-0.550.960.660.880.110.530.960.680.860.160.940.890.84-0.54-0.15
0.69-0.010.550.930.890.49-0.14-0.010.160.47-0.630.840.830.96-0.050.250.910.850.81-0.150.870.710.83-0.66-0.33
0.830.130.570.980.890.740.130.20.360.63-0.510.940.640.840.20.580.940.620.850.220.930.90.85-0.45-0.06
0.870.190.550.70.490.740.650.450.60.8-0.270.770.080.40.440.850.70.060.790.70.770.870.72-0.020.52
0.370.110.150.07-0.140.130.650.360.420.520.220.22-0.34-0.190.480.630.07-0.480.310.840.240.370.260.440.83
0.510.570.660.18-0.010.20.450.360.150.680.520.36-0.180.01-0.110.280.09-0.270.150.340.130.20.040.10.23
0.440.160.270.250.160.360.60.420.150.54-0.110.330.07-0.010.490.520.21-0.180.430.390.350.390.590.420.59
0.90.560.880.590.470.630.80.520.680.540.020.670.250.450.090.490.570.050.750.340.670.590.69-0.090.38
-0.270.21-0.01-0.55-0.63-0.51-0.270.220.52-0.110.02-0.35-0.36-0.59-0.11-0.14-0.62-0.53-0.580.11-0.6-0.48-0.590.40.23
0.840.110.610.960.840.940.770.220.360.330.67-0.350.590.760.170.610.890.560.810.30.880.90.8-0.4-0.03
0.39-0.050.410.660.830.640.08-0.34-0.180.070.25-0.360.590.79-0.18-0.10.640.860.53-0.450.560.360.64-0.56-0.51
0.660.070.560.880.960.840.4-0.190.01-0.010.45-0.590.760.79-0.150.170.880.850.77-0.240.850.640.74-0.8-0.36
0.11-0.32-0.330.11-0.050.20.440.48-0.110.490.09-0.110.17-0.18-0.150.730.13-0.140.150.660.230.440.210.230.63
0.59-0.060.120.530.250.580.850.630.280.520.49-0.140.61-0.10.170.730.52-0.020.510.850.590.830.460.030.62
0.840.070.560.960.910.940.70.070.090.210.57-0.620.890.640.880.130.520.680.910.150.950.90.83-0.6-0.12
0.3-0.310.230.680.850.620.06-0.48-0.27-0.180.05-0.530.560.860.85-0.14-0.020.680.43-0.450.550.410.49-0.79-0.59
0.90.250.670.860.810.850.790.310.150.430.75-0.580.810.530.770.150.510.910.430.240.950.830.93-0.390.13
0.340.02-0.030.16-0.150.220.70.840.340.390.340.110.3-0.45-0.240.660.850.15-0.450.240.250.550.160.420.74
0.850.150.560.940.870.930.770.240.130.350.67-0.60.880.560.850.230.590.950.550.950.250.90.9-0.530.09
0.820.030.410.890.710.90.870.370.20.390.59-0.480.90.360.640.440.830.90.410.830.550.90.76-0.320.2
0.780.150.580.840.830.850.720.260.040.590.69-0.590.80.640.740.210.460.830.490.930.160.90.76-0.270.12
-0.30.09-0.25-0.54-0.66-0.45-0.020.440.10.42-0.090.4-0.4-0.56-0.80.230.03-0.6-0.79-0.390.42-0.53-0.32-0.270.45
0.20.05-0.04-0.15-0.33-0.060.520.830.230.590.380.23-0.03-0.51-0.360.630.62-0.12-0.590.130.740.090.20.120.45
Click cells to compare fundamentals

Tengda Construction Account Relationship Matchups

Tengda Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2B10.9B11.6B11.3B11.1B5.9B
Other Current Liab2.5B3.0B2.5B1.8B238.5M226.6M
Total Current Liabilities4.8B5.2B5.1B4.9B5.0B2.8B
Total Stockholder Equity4.7B5.3B6.0B6.1B6.2B6.5B
Accounts Payable1.6B1.9B2.5B3.0B3.0B3.2B
Cash2.0B1.9B3.1B2.4B2.6B2.7B
Other Assets1.2B896.1M1.0B859.9M988.9M534.1M
Net Receivables1.5B314.6M344.8M451.8M350.6M333.1M
Inventory3.1B3.5B2.8B1.9B2.2B1.8B
Other Current Assets113.2M151.6M193.5M72.8M109.1M88.0M
Total Liab5.7B5.8B5.6B5.3B5.0B3.4B
Intangible Assets226.4M189.1M151.2M112.8M136.5M129.7M
Property Plant Equipment280.0M299.3M487.2M608.4M699.7M734.7M
Retained Earnings825.5M1.4B2.1B2.1B1.9B2.0B
Other Liab500M597.8M505.5M397.4M457.0M485.2M
Net Tangible Assets4.5B5.1B5.9B6.0B6.9B5.0B
Other Stockholder Equity8.5M59.4M113.3M159.1M182.9M192.1M
Short Long Term Debt650M545.7M150.2M4M3.6M3.4M
Total Current Assets7.2B8.1B8.4B8.1B8.0B8.1B
Non Current Assets Total3.0B2.8B3.1B3.2B3.2B3.2B
Non Currrent Assets Other3.6B3.0B76.2M8.0M7.2M6.8M
Non Current Liabilities Total802.5M597.8M507.8M398.6M2.5M2.3M
Short Term Investments418.3M1.1B612.5M1.5B539.7M697.9M
Deferred Long Term Liab689.9K4.6M3.3M4.6M5.3M2.8M
Net Invested Capital5.5B5.4B6.0B6.1B6.2B6.5B
Net Working Capital2.4B2.9B3.3B3.3B3.0B2.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Tengda Stock

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