New Retained Earnings vs Deferred Long Term Liab Analysis

601336 Stock   46.92  0.92  2.00%   
New China financial indicator trend analysis is infinitely more than just investigating New China Life recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New China Life is a good investment. Please check the relationship between New China Retained Earnings and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New China Life. 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.

Retained Earnings vs Deferred Long Term Liab

Retained Earnings vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New China Life Retained Earnings account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between New China's Retained Earnings and Deferred Long Term Liab is -0.83. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of New China Life, assuming nothing else is changed. The correlation between historical values of New China's Retained Earnings and Deferred Long Term Liab 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 New China Life are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Retained Earnings i.e., New China's Retained Earnings and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from New China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New China Life 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 New China Life. 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 28, 2024, Selling General Administrative is expected to decline to about 2.3 B. The current year's Tax Provision is expected to grow to about (3 B)
 2023 2024 (projected)
Operating Income15.8B16.6B
Total Revenue72.2B68.6B

New China fundamental ratios Correlations

0.960.830.020.830.350.81.00.90.610.860.870.720.350.89-0.60.860.68-0.24-0.750.880.17-0.250.85-0.250.72
0.960.82-0.060.820.240.850.950.930.620.850.840.760.430.87-0.540.790.51-0.06-0.730.78-0.02-0.150.81-0.150.65
0.830.82-0.190.990.140.920.830.790.380.950.970.70.460.84-0.630.750.52-0.41-0.780.83-0.02-0.590.84-0.590.83
0.02-0.06-0.19-0.220.69-0.420.03-0.260.44-0.2-0.17-0.14-0.35-0.11-0.130.00.290.050.08-0.020.570.02-0.070.02-0.03
0.830.820.99-0.220.110.930.830.830.40.960.970.670.530.82-0.550.720.48-0.43-0.750.81-0.09-0.580.82-0.580.79
0.350.240.140.690.11-0.040.360.120.540.140.190.13-0.050.15-0.310.190.46-0.08-0.280.250.53-0.240.19-0.240.18
0.80.850.92-0.420.93-0.040.790.850.380.920.910.730.610.81-0.470.660.33-0.25-0.760.74-0.29-0.440.77-0.440.68
1.00.950.830.030.830.360.790.890.610.860.860.710.340.89-0.610.860.69-0.26-0.750.880.19-0.260.85-0.260.73
0.90.930.79-0.260.830.120.850.890.470.830.810.680.510.8-0.370.70.42-0.17-0.630.73-0.15-0.140.73-0.140.56
0.610.620.380.440.40.540.380.610.470.410.410.260.190.33-0.160.30.22-0.16-0.280.34-0.02-0.140.3-0.140.23
0.860.850.95-0.20.960.140.920.860.830.410.990.780.520.91-0.670.810.57-0.31-0.840.880.02-0.590.92-0.590.87
0.870.840.97-0.170.970.190.910.860.810.410.990.750.460.9-0.690.810.6-0.37-0.830.890.06-0.630.91-0.630.89
0.720.760.7-0.140.670.130.730.710.680.260.780.750.280.86-0.760.80.520.2-0.80.770.07-0.30.87-0.30.67
0.350.430.46-0.350.53-0.050.610.340.510.190.520.460.280.360.10.080.02-0.08-0.570.31-0.38-0.230.29-0.230.18
0.890.870.84-0.110.820.150.810.890.80.330.910.90.860.36-0.770.950.74-0.11-0.860.960.24-0.380.98-0.380.86
-0.6-0.54-0.63-0.13-0.55-0.31-0.47-0.61-0.37-0.16-0.67-0.69-0.760.1-0.77-0.85-0.760.050.74-0.76-0.540.51-0.860.51-0.88
0.860.790.750.00.720.190.660.860.70.30.810.810.80.080.95-0.850.82-0.15-0.750.940.41-0.340.96-0.340.87
0.680.510.520.290.480.460.330.690.420.220.570.60.520.020.74-0.760.82-0.32-0.690.840.79-0.350.76-0.350.73
-0.24-0.06-0.410.05-0.43-0.08-0.25-0.26-0.17-0.16-0.31-0.370.2-0.08-0.110.05-0.15-0.320.08-0.31-0.130.54-0.130.54-0.33
-0.75-0.73-0.780.08-0.75-0.28-0.76-0.75-0.63-0.28-0.84-0.83-0.8-0.57-0.860.74-0.75-0.690.08-0.84-0.250.47-0.870.47-0.76
0.880.780.83-0.020.810.250.740.880.730.340.880.890.770.310.96-0.760.940.84-0.31-0.840.36-0.50.95-0.50.86
0.17-0.02-0.020.57-0.090.53-0.290.19-0.15-0.020.020.060.07-0.380.24-0.540.410.79-0.13-0.250.36-0.150.3-0.150.37
-0.25-0.15-0.590.02-0.58-0.24-0.44-0.26-0.14-0.14-0.59-0.63-0.3-0.23-0.380.51-0.34-0.350.540.47-0.5-0.15-0.491.0-0.66
0.850.810.84-0.070.820.190.770.850.730.30.920.910.870.290.98-0.860.960.76-0.13-0.870.950.3-0.49-0.490.92
-0.25-0.15-0.590.02-0.58-0.24-0.44-0.26-0.14-0.14-0.59-0.63-0.3-0.23-0.380.51-0.34-0.350.540.47-0.5-0.151.0-0.49-0.66
0.720.650.83-0.030.790.180.680.730.560.230.870.890.670.180.86-0.880.870.73-0.33-0.760.860.37-0.660.92-0.66
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New China Account Relationship Matchups

New China fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets879.0B1.0T1.1T1.3T1.4T772.7B
Total Stockholder Equity84.5B101.7B108.5B102.9B105.1B63.0B
Other Liab667.7B822.4B925.8B1.1T1.2T1.3T
Cash11.8B13.0B15.5B17.6B21.8B14.0B
Other Assets52.4B51.0B55.8B66.7B76.7B80.6B
Short Term Investments387.3B426.7B403.4B375.7B432.0B453.6B
Total Liab794.5B902.7B1.0T1.2T1.3T709.7B
Intangible Assets3.7B3.8B3.8B4.0B4.1B2.2B
Property Plant Equipment15.5B16.9B19.2B18.7B21.5B22.6B
Retained Earnings53.5B63.4B74.0B79.3B92.1B96.7B
Other Current Liab6.7B11.4B8.1B7.5B8.6B7.5B
Total Current Liabilities125.9B69.7B80.0B66.5B76.5B86.1B
Net Tangible Assets80.7B97.9B104.7B98.9B113.7B85.2B
Accounts Payable45.9B9.0B9.3B8.7B7.8B7.4B
Net Receivables2.5B6.0B6.8B7.0B8.1B4.4B
Other Current Assets12.6B13.5B16.8B21.0B24.1B14.7B
Other Stockholder Equity4.0B11.2B7.4B(3.5B)(4.1B)(3.9B)
Deferred Long Term Liab593M650M425M439M395.1M424.1M
Long Term Investments662.8B736.8B780.0B839.1B1.1T750.7B
Total Current Assets55.5B63.9B110.5B130.7B150.3B85.6B
Net Invested Capital84.5B111.7B118.5B112.9B125.3B108.4B

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Other Information on Investing in New Stock

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