Zhuzhou Retained Earnings vs Net Receivables Analysis

601636 Stock

5.97 0.17 2.77%

Zhuzhou Kibing financial indicator trend analysis is more than just analyzing Zhuzhou Kibing Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuzhou Kibing Group is a good investment. Please check the relationship between Zhuzhou Kibing Retained Earnings and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuzhou Kibing 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 nation.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuzhou Kibing Group Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhuzhou Kibing's Retained Earnings and Net Receivables is 0.66. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Zhuzhou Kibing Group, assuming nothing else is changed. The correlation between historical values of Zhuzhou Kibing's Retained Earnings and Net Receivables 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 Zhuzhou Kibing Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Zhuzhou Kibing's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

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.

Net Receivables

Most indicators from Zhuzhou Kibing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuzhou Kibing Group 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 Kibing 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 nation.

The current year's Tax Provision is expected to grow to about 286 M, whereas Selling General Administrative is forecasted to decline to about 222.2 M.

	2021	2022	2023	2024 (projected)
Operating Income	5.1B	1.5B	2.3B	1.3B
Total Revenue	14.6B	13.3B	15.7B	16.5B

Operating Income Total Revenue

Zhuzhou Kibing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt
Total Assets		-0.17	0.75	0.94	0.91	0.97	0.88	0.94	0.91	0.88	0.69	0.86	0.96	0.96	0.61	0.67	0.94	0.27	0.81	0.93	-0.47	0.54	-0.06	0.78	-0.68	0.12
Other Current Liab	-0.17		0.03	0.05	0.03	-0.33	-0.17	0.12	-0.45	-0.54	0.25	-0.63	-0.33	0.04	0.48	0.44	-0.28	0.32	-0.06	-0.27	0.1	0.27	0.24	-0.18	-0.25	0.24
Total Current Liabilities	0.75	0.03		0.72	0.66	0.69	0.68	0.72	0.56	0.59	0.78	0.57	0.72	0.74	0.68	0.76	0.71	0.04	0.75	0.66	-0.31	0.32	0.2	0.76	-0.42	0.39
Total Stockholder Equity	0.94	0.05	0.72		0.98	0.88	0.86	0.96	0.74	0.7	0.81	0.7	0.82	0.97	0.74	0.78	0.89	0.28	0.89	0.9	-0.45	0.6	-0.01	0.79	-0.84	0.15
Retained Earnings	0.91	0.03	0.66	0.98		0.88	0.89	0.93	0.71	0.66	0.81	0.69	0.77	0.94	0.67	0.7	0.89	0.2	0.91	0.92	-0.46	0.55	-0.06	0.84	-0.82	0.13
Accounts Payable	0.97	-0.33	0.69	0.88	0.88		0.9	0.87	0.94	0.91	0.6	0.91	0.96	0.91	0.46	0.51	0.95	0.15	0.8	0.96	-0.46	0.4	-0.15	0.82	-0.57	0.04
Cash	0.88	-0.17	0.68	0.86	0.89	0.9		0.81	0.76	0.73	0.77	0.78	0.81	0.83	0.41	0.48	0.97	0.04	0.83	0.96	-0.39	0.34	-0.14	0.93	-0.52	0.11
Other Assets	0.94	0.12	0.72	0.96	0.93	0.87	0.81		0.77	0.7	0.74	0.65	0.84	0.99	0.79	0.81	0.84	0.42	0.82	0.85	-0.41	0.64	-0.03	0.72	-0.81	0.12
Long Term Debt	0.91	-0.45	0.56	0.74	0.71	0.94	0.76	0.77		0.97	0.39	0.93	0.97	0.8	0.35	0.4	0.86	0.28	0.63	0.85	-0.39	0.43	-0.23	0.65	-0.45	-0.05
Net Receivables	0.88	-0.54	0.59	0.7	0.66	0.91	0.73	0.7	0.97		0.34	0.95	0.95	0.75	0.3	0.34	0.84	0.1	0.6	0.83	-0.4	0.39	-0.07	0.63	-0.39	0.1
Inventory	0.69	0.25	0.78	0.81	0.81	0.6	0.77	0.74	0.39	0.34		0.41	0.53	0.71	0.66	0.78	0.73	0.16	0.82	0.69	-0.25	0.31	-0.06	0.79	-0.61	0.13
Other Current Assets	0.86	-0.63	0.57	0.7	0.69	0.91	0.78	0.65	0.93	0.95	0.41		0.91	0.71	0.2	0.27	0.88	0.01	0.65	0.87	-0.41	0.25	-0.16	0.71	-0.35	0.0
Total Liab	0.96	-0.33	0.72	0.82	0.77	0.96	0.81	0.84	0.97	0.95	0.53	0.91		0.87	0.47	0.54	0.9	0.25	0.68	0.87	-0.44	0.45	-0.08	0.7	-0.49	0.1
Intangible Assets	0.96	0.04	0.74	0.97	0.94	0.91	0.83	0.99	0.8	0.75	0.71	0.71	0.87		0.75	0.76	0.87	0.31	0.85	0.89	-0.47	0.64	0.04	0.76	-0.8	0.19
Common Stock	0.61	0.48	0.68	0.74	0.67	0.46	0.41	0.79	0.35	0.3	0.66	0.2	0.47	0.75		0.96	0.44	0.48	0.66	0.45	-0.21	0.7	0.19	0.45	-0.82	0.29
Property Plant Equipment	0.67	0.44	0.76	0.78	0.7	0.51	0.48	0.81	0.4	0.34	0.78	0.27	0.54	0.76	0.96		0.52	0.51	0.7	0.5	-0.2	0.62	0.11	0.52	-0.77	0.23
Short Term Investments	0.94	-0.28	0.71	0.89	0.89	0.95	0.97	0.84	0.86	0.84	0.73	0.88	0.9	0.87	0.44	0.52		0.11	0.83	0.98	-0.4	0.38	-0.14	0.88	-0.55	0.08
Other Liab	0.27	0.32	0.04	0.28	0.2	0.15	0.04	0.42	0.28	0.1	0.16	0.01	0.25	0.31	0.48	0.51	0.11		0.09	0.08	0.04	0.59	-0.23	-0.06	-0.45	-0.22
Net Tangible Assets	0.81	-0.06	0.75	0.89	0.91	0.8	0.83	0.82	0.63	0.6	0.82	0.65	0.68	0.85	0.66	0.7	0.83	0.09		0.87	-0.33	0.43	-0.1	0.93	-0.74	0.11
Other Stockholder Equity	0.93	-0.27	0.66	0.9	0.92	0.96	0.96	0.85	0.85	0.83	0.69	0.87	0.87	0.89	0.45	0.5	0.98	0.08	0.87		-0.37	0.4	-0.16	0.9	-0.62	0.06
Deferred Long Term Liab	-0.47	0.1	-0.31	-0.45	-0.46	-0.46	-0.39	-0.41	-0.39	-0.4	-0.25	-0.41	-0.44	-0.47	-0.21	-0.2	-0.4	0.04	-0.33	-0.37		-0.38	-0.26	-0.3	0.31	-0.23
Long Term Investments	0.54	0.27	0.32	0.6	0.55	0.4	0.34	0.64	0.43	0.39	0.31	0.25	0.45	0.64	0.7	0.62	0.38	0.59	0.43	0.4	-0.38		0.37	0.25	-0.77	0.45
Short Long Term Debt	-0.06	0.24	0.2	-0.01	-0.06	-0.15	-0.14	-0.03	-0.23	-0.07	-0.06	-0.16	-0.08	0.04	0.19	0.11	-0.14	-0.23	-0.1	-0.16	-0.26	0.37		-0.15	-0.07	0.92
Total Current Assets	0.78	-0.18	0.76	0.79	0.84	0.82	0.93	0.72	0.65	0.63	0.79	0.71	0.7	0.76	0.45	0.52	0.88	-0.06	0.93	0.9	-0.3	0.25	-0.15		-0.5	0.12
Treasury Stock	-0.68	-0.25	-0.42	-0.84	-0.82	-0.57	-0.52	-0.81	-0.45	-0.39	-0.61	-0.35	-0.49	-0.8	-0.82	-0.77	-0.55	-0.45	-0.74	-0.62	0.31	-0.77	-0.07	-0.5		-0.14
Short Term Debt	0.12	0.24	0.39	0.15	0.13	0.04	0.11	0.12	-0.05	0.1	0.13	0.0	0.1	0.19	0.29	0.23	0.08	-0.22	0.11	0.06	-0.23	0.45	0.92	0.12	-0.14

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Zhuzhou Kibing Account Relationship Matchups

Zhuzhou Kibing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.1B	14.3B	20.9B	24.4B	31.9B	33.5B
Other Current Liab	945.8M	735.4M	1.1B	190.2M	31.1M	29.6M
Total Current Liabilities	3.1B	3.7B	4.5B	5.8B	6.7B	3.5B
Total Stockholder Equity	8.2B	9.5B	13.3B	12.6B	13.5B	14.2B
Retained Earnings	3.8B	4.8B	8.1B	6.2B	7.2B	7.5B
Accounts Payable	600.7M	1.0B	1.9B	2.4B	3.3B	3.5B
Cash	488.4M	909.8M	4.4B	3.3B	3.7B	3.9B
Other Assets	690.2M	607.1M	701.8M	1.0B	1.2B	1.2B
Long Term Debt	1.1B	494.1M	2.2B	4.9B	9.4B	9.8B
Net Receivables	306.6M	139.9M	250.7M	796.4M	1.4B	1.4B
Inventory	1.3B	1.7B	2.6B	2.0B	2.0B	1.4B
Other Current Assets	126.3M	78.3M	266.5M	865.3M	1.2B	1.3B
Total Liab	4.8B	4.8B	7.4B	11.5B	17.0B	17.8B
Intangible Assets	880.4M	1.1B	1.4B	1.6B	1.8B	1.9B
Common Stock	2.7B	2.7B	2.7B	2.7B	3.1B	1.8B
Property Plant Equipment	9.2B	9.0B	9.2B	9.9B	11.3B	6.8B
Other Liab	1.2B	614.6M	563.6M	684.3M	786.9M	917.7M
Net Tangible Assets	6.7B	7.4B	8.4B	11.9B	13.7B	7.9B
Other Stockholder Equity	36.7M	56.8M	31.9M	254.2M	292.3M	307.0M
Deferred Long Term Liab	118.9M	101.6M	66.9M	95.2M	85.7M	75.8M
Short Long Term Debt	937.6M	1.3B	494.7M	1.1B	352.9M	695.7M
Total Current Assets	2.5B	3.3B	8.6B	7.7B	9.1B	4.9B
Non Current Assets Total	10.6B	11.0B	12.3B	16.7B	22.9B	14.4B
Non Currrent Assets Other	353.6M	388.1M	595.8M	1.4B	1.7B	1.8B
Non Current Liabilities Total	1.7B	1.1B	2.9B	5.7B	10.3B	10.8B
Non Current Liabilities Other	5.7M	7.9M	5.6M	123.0M	131.2M	124.7M
Net Debt	1.5B	1.6B	851.8M	2.7B	6.0B	6.3B
Common Stock Shares Outstanding	2.7B	2.7B	2.7B	2.7B	2.7B	3.0B
Net Invested Capital	10.3B	11.2B	16.1B	18.6B	23.3B	15.4B
Net Working Capital	(587.6M)	(415.9M)	4.1B	2.0B	2.3B	2.4B
Capital Stock	2.7B	2.7B	2.7B	2.7B	2.7B	2.1B

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Other Information on Investing in Zhuzhou Stock

Balance Sheet is a snapshot of the financial position of Zhuzhou Kibing Group at a specified time, usually calculated after every quarter, six months, or one year. Zhuzhou Kibing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhuzhou Kibing 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.

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Zhuzhou Retained Earnings vs Net Receivables Analysis

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Receivables

Zhuzhou Kibing fundamental ratios Correlations

Zhuzhou Kibing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhuzhou Kibing fundamental ratios Accounts

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Other Information on Investing in Zhuzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Intangible Assets	+ 0.99	Other Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Other Stockholder Equity	+ 0.98	Short Term Investments
Accounts Payable	+ 0.97	Total Assets
Intangible Assets	+ 0.97	Total Stockholder Equity
Short Term Investments	+ 0.97	Cash

Treasury Stock	- 0.84	Total Stockholder Equity
Treasury Stock	- 0.82	Common Stock
Treasury Stock	- 0.82	Retained Earnings
Treasury Stock	- 0.81	Other Assets
Treasury Stock	- 0.8	Intangible Assets
Treasury Stock	- 0.77	Long Term Investments