Tengda Depreciation 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 Depreciation 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.

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tengda Construction Depreciation account and Dividends Paid. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tengda Construction's Depreciation and Dividends Paid is -0.1. Overlapping area represents the amount of variation of Depreciation 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 Depreciation 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 Depreciation 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 Depreciation i.e., Tengda Construction's Depreciation and Dividends Paid go up and down completely randomly.

Correlation Coefficient

-0.1

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of Tengda Construction value has been used up. For tax purposes Tengda Construction can deduct the cost of the tangible assets it purchases as business expenses. However, Tengda Construction Group must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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 Expenses	50.1M	128.5M	147.8M	155.1M
Gross Profit	1.3B	759.8M	415.5M	642.0M

Other Operating Expenses Gross Profit

Tengda Construction fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Long Term Debt	Other Liab	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.42	0.83	0.82	0.69	0.83	0.87	0.37	0.51	0.44	0.9	-0.27	0.84	0.39	0.66	0.11	0.59	0.84	0.3	0.9	0.34	0.85	0.82	0.78	-0.3	0.2
Other Current Liab	0.42		0.64	0.1	-0.01	0.13	0.19	0.11	0.57	0.16	0.56	0.21	0.11	-0.05	0.07	-0.32	-0.06	0.07	-0.31	0.25	0.02	0.15	0.03	0.15	0.09	0.05
Total Current Liabilities	0.83	0.64		0.57	0.55	0.57	0.55	0.15	0.66	0.27	0.88	-0.01	0.61	0.41	0.56	-0.33	0.12	0.56	0.23	0.67	-0.03	0.56	0.41	0.58	-0.25	-0.04
Total Stockholder Equity	0.82	0.1	0.57		0.93	0.98	0.7	0.07	0.18	0.25	0.59	-0.55	0.96	0.66	0.88	0.11	0.53	0.96	0.68	0.86	0.16	0.94	0.89	0.84	-0.54	-0.15
Accounts Payable	0.69	-0.01	0.55	0.93		0.89	0.49	-0.14	-0.01	0.16	0.47	-0.63	0.84	0.83	0.96	-0.05	0.25	0.91	0.85	0.81	-0.15	0.87	0.71	0.83	-0.66	-0.33
Cash	0.83	0.13	0.57	0.98	0.89		0.74	0.13	0.2	0.36	0.63	-0.51	0.94	0.64	0.84	0.2	0.58	0.94	0.62	0.85	0.22	0.93	0.9	0.85	-0.45	-0.06
Other Assets	0.87	0.19	0.55	0.7	0.49	0.74		0.65	0.45	0.6	0.8	-0.27	0.77	0.08	0.4	0.44	0.85	0.7	0.06	0.79	0.7	0.77	0.87	0.72	-0.02	0.52
Net Receivables	0.37	0.11	0.15	0.07	-0.14	0.13	0.65		0.36	0.42	0.52	0.22	0.22	-0.34	-0.19	0.48	0.63	0.07	-0.48	0.31	0.84	0.24	0.37	0.26	0.44	0.83
Inventory	0.51	0.57	0.66	0.18	-0.01	0.2	0.45	0.36		0.15	0.68	0.52	0.36	-0.18	0.01	-0.11	0.28	0.09	-0.27	0.15	0.34	0.13	0.2	0.04	0.1	0.23
Other Current Assets	0.44	0.16	0.27	0.25	0.16	0.36	0.6	0.42	0.15		0.54	-0.11	0.33	0.07	-0.01	0.49	0.52	0.21	-0.18	0.43	0.39	0.35	0.39	0.59	0.42	0.59
Total Liab	0.9	0.56	0.88	0.59	0.47	0.63	0.8	0.52	0.68	0.54		0.02	0.67	0.25	0.45	0.09	0.49	0.57	0.05	0.75	0.34	0.67	0.59	0.69	-0.09	0.38
Intangible Assets	-0.27	0.21	-0.01	-0.55	-0.63	-0.51	-0.27	0.22	0.52	-0.11	0.02		-0.35	-0.36	-0.59	-0.11	-0.14	-0.62	-0.53	-0.58	0.11	-0.6	-0.48	-0.59	0.4	0.23
Common Stock	0.84	0.11	0.61	0.96	0.84	0.94	0.77	0.22	0.36	0.33	0.67	-0.35		0.59	0.76	0.17	0.61	0.89	0.56	0.81	0.3	0.88	0.9	0.8	-0.4	-0.03
Property Plant Equipment	0.39	-0.05	0.41	0.66	0.83	0.64	0.08	-0.34	-0.18	0.07	0.25	-0.36	0.59		0.79	-0.18	-0.1	0.64	0.86	0.53	-0.45	0.56	0.36	0.64	-0.56	-0.51
Retained Earnings	0.66	0.07	0.56	0.88	0.96	0.84	0.4	-0.19	0.01	-0.01	0.45	-0.59	0.76	0.79		-0.15	0.17	0.88	0.85	0.77	-0.24	0.85	0.64	0.74	-0.8	-0.36
Long Term Debt	0.11	-0.32	-0.33	0.11	-0.05	0.2	0.44	0.48	-0.11	0.49	0.09	-0.11	0.17	-0.18	-0.15		0.73	0.13	-0.14	0.15	0.66	0.23	0.44	0.21	0.23	0.63
Other Liab	0.59	-0.06	0.12	0.53	0.25	0.58	0.85	0.63	0.28	0.52	0.49	-0.14	0.61	-0.1	0.17	0.73		0.52	-0.02	0.51	0.85	0.59	0.83	0.46	0.03	0.62
Net Tangible Assets	0.84	0.07	0.56	0.96	0.91	0.94	0.7	0.07	0.09	0.21	0.57	-0.62	0.89	0.64	0.88	0.13	0.52		0.68	0.91	0.15	0.95	0.9	0.83	-0.6	-0.12
Other Stockholder Equity	0.3	-0.31	0.23	0.68	0.85	0.62	0.06	-0.48	-0.27	-0.18	0.05	-0.53	0.56	0.86	0.85	-0.14	-0.02	0.68		0.43	-0.45	0.55	0.41	0.49	-0.79	-0.59
Long Term Investments	0.9	0.25	0.67	0.86	0.81	0.85	0.79	0.31	0.15	0.43	0.75	-0.58	0.81	0.53	0.77	0.15	0.51	0.91	0.43		0.24	0.95	0.83	0.93	-0.39	0.13
Short Long Term Debt	0.34	0.02	-0.03	0.16	-0.15	0.22	0.7	0.84	0.34	0.39	0.34	0.11	0.3	-0.45	-0.24	0.66	0.85	0.15	-0.45	0.24		0.25	0.55	0.16	0.42	0.74
Total Current Assets	0.85	0.15	0.56	0.94	0.87	0.93	0.77	0.24	0.13	0.35	0.67	-0.6	0.88	0.56	0.85	0.23	0.59	0.95	0.55	0.95	0.25		0.9	0.9	-0.53	0.09
Short Term Debt	0.82	0.03	0.41	0.89	0.71	0.9	0.87	0.37	0.2	0.39	0.59	-0.48	0.9	0.36	0.64	0.44	0.83	0.9	0.41	0.83	0.55	0.9		0.76	-0.32	0.2
Non Current Assets Total	0.78	0.15	0.58	0.84	0.83	0.85	0.72	0.26	0.04	0.59	0.69	-0.59	0.8	0.64	0.74	0.21	0.46	0.83	0.49	0.93	0.16	0.9	0.76		-0.27	0.12
Non Currrent Assets Other	-0.3	0.09	-0.25	-0.54	-0.66	-0.45	-0.02	0.44	0.1	0.42	-0.09	0.4	-0.4	-0.56	-0.8	0.23	0.03	-0.6	-0.79	-0.39	0.42	-0.53	-0.32	-0.27		0.45
Non Current Liabilities Total	0.2	0.05	-0.04	-0.15	-0.33	-0.06	0.52	0.83	0.23	0.59	0.38	0.23	-0.03	-0.51	-0.36	0.63	0.62	-0.12	-0.59	0.13	0.74	0.09	0.2	0.12	0.45

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Tengda Construction Account Relationship Matchups

Tengda Construction fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.2B	10.9B	11.6B	11.3B	11.1B	5.9B
Other Current Liab	2.5B	3.0B	2.5B	1.8B	238.5M	226.6M
Total Current Liabilities	4.8B	5.2B	5.1B	4.9B	5.0B	2.8B
Total Stockholder Equity	4.7B	5.3B	6.0B	6.1B	6.2B	6.5B
Accounts Payable	1.6B	1.9B	2.5B	3.0B	3.0B	3.2B
Cash	2.0B	1.9B	3.1B	2.4B	2.6B	2.7B
Other Assets	1.2B	896.1M	1.0B	859.9M	988.9M	534.1M
Net Receivables	1.5B	314.6M	344.8M	451.8M	350.6M	333.1M
Inventory	3.1B	3.5B	2.8B	1.9B	2.2B	1.8B
Other Current Assets	113.2M	151.6M	193.5M	72.8M	109.1M	88.0M
Total Liab	5.7B	5.8B	5.6B	5.3B	5.0B	3.4B
Intangible Assets	226.4M	189.1M	151.2M	112.8M	136.5M	129.7M
Property Plant Equipment	280.0M	299.3M	487.2M	608.4M	699.7M	734.7M
Retained Earnings	825.5M	1.4B	2.1B	2.1B	1.9B	2.0B
Other Liab	500M	597.8M	505.5M	397.4M	457.0M	485.2M
Net Tangible Assets	4.5B	5.1B	5.9B	6.0B	6.9B	5.0B
Other Stockholder Equity	8.5M	59.4M	113.3M	159.1M	182.9M	192.1M
Short Long Term Debt	650M	545.7M	150.2M	4M	3.6M	3.4M
Total Current Assets	7.2B	8.1B	8.4B	8.1B	8.0B	8.1B
Non Current Assets Total	3.0B	2.8B	3.1B	3.2B	3.2B	3.2B
Non Currrent Assets Other	3.6B	3.0B	76.2M	8.0M	7.2M	6.8M
Non Current Liabilities Total	802.5M	597.8M	507.8M	398.6M	2.5M	2.3M
Short Term Investments	418.3M	1.1B	612.5M	1.5B	539.7M	697.9M
Deferred Long Term Liab	689.9K	4.6M	3.3M	4.6M	5.3M	2.8M
Net Invested Capital	5.5B	5.4B	6.0B	6.1B	6.2B	6.5B
Net Working Capital	2.4B	2.9B	3.3B	3.3B	3.0B	2.6B

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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.

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Tengda Depreciation vs Dividends Paid Analysis

Depreciation vs Dividends Paid

Depreciation vs Dividends Paid Correlation Analysis

Correlation Coefficient

Depreciation

Dividends Paid

Tengda Construction fundamental ratios Correlations

Tengda Construction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tengda Construction fundamental ratios Accounts

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Other Information on Investing in Tengda Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 0.98	Total Stockholder Equity
Common Stock	+ 0.96	Total Stockholder Equity
Net Tangible Assets	+ 0.96	Total Stockholder Equity
Retained Earnings	+ 0.96	Accounts Payable
Total Current Assets	+ 0.95	Net Tangible Assets
Total Current Assets	+ 0.95	Long Term Investments

Non Currrent Assets Other	- 0.8	Retained Earnings
Non Currrent Assets Other	- 0.79	Other Stockholder Equity
Non Currrent Assets Other	- 0.66	Accounts Payable
Intangible Assets	- 0.63	Accounts Payable
Net Tangible Assets	- 0.62	Intangible Assets
Non Currrent Assets Other	- 0.6	Net Tangible Assets