China Net Borrowings vs Free Cash Flow Analysis

601916 Stock

2.90 0.02 0.69%

China Zheshang financial indicator trend analysis is way more than just evaluating China Zheshang Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Zheshang Bank is a good investment. Please check the relationship between China Zheshang Net Borrowings and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Zheshang Bank. 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.

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Zheshang Bank Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between China Zheshang's Net Borrowings and Free Cash Flow is -0.45. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of China Zheshang Bank, assuming nothing else is changed. The correlation between historical values of China Zheshang's Net Borrowings and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Borrowings of China Zheshang Bank are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Borrowings i.e., China Zheshang's Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from China Zheshang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Zheshang Bank 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 China Zheshang Bank. 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 November 30, 2024, Tax Provision is expected to decline to about 1.8 B. In addition to that, Selling General Administrative is expected to decline to about 3.5 B

	2021	2022	2023	2024 (projected)
Net Interest Income	42.0B	47.1B	47.5B	38.7B
Tax Provision	2.1B	1.8B	2.0B	1.8B

Net Interest Income Tax Provision

China Zheshang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Deferred Long Term Liab	Net Invested Capital	Net Debt	Capital Stock	Property Plant And Equipment Net
Total Assets		-0.64	0.98	0.97	0.86	0.99	0.79	-0.24	0.32	0.98	-0.64	0.9	0.91	0.89	1.0	0.95	0.99	0.88	0.95	0.94	0.93	0.83	0.98	0.7	0.91	0.87
Other Current Liab	-0.64		-0.69	-0.5	-0.35	-0.52	-0.37	0.47	-0.7	-0.53	0.34	-0.58	-0.79	-0.62	-0.65	-0.52	-0.62	-0.53	-0.53	-0.48	-0.6	-0.36	-0.56	-0.37	-0.64	-0.79
Total Current Liabilities	0.98	-0.69		0.93	0.79	0.95	0.73	-0.24	0.41	0.95	-0.52	0.86	0.89	0.86	0.98	0.93	0.98	0.88	0.88	0.89	0.88	0.79	0.96	0.74	0.87	0.89
Total Stockholder Equity	0.97	-0.5	0.93		0.92	0.98	0.88	-0.11	0.11	0.99	-0.63	0.89	0.85	0.86	0.96	0.97	0.97	0.86	0.95	0.98	0.89	0.88	0.96	0.63	0.86	0.74
Other Liab	0.86	-0.35	0.79	0.92		0.89	0.86	-0.04	-0.14	0.93	-0.59	0.78	0.78	0.66	0.85	0.92	0.89	0.75	0.92	0.97	0.83	0.93	0.83	0.36	0.78	0.59
Net Tangible Assets	0.99	-0.52	0.95	0.98	0.89		0.84	-0.11	0.22	0.99	-0.67	0.88	0.85	0.87	0.98	0.95	0.98	0.88	0.95	0.96	0.9	0.83	0.97	0.68	0.87	0.8
Retained Earnings	0.79	-0.37	0.73	0.88	0.86	0.84		0.26	-0.03	0.87	-0.59	0.81	0.66	0.72	0.77	0.81	0.81	0.79	0.76	0.88	0.62	0.79	0.77	0.31	0.56	0.44
Accounts Payable	-0.24	0.47	-0.24	-0.11	-0.04	-0.11	0.26		-0.32	-0.09	0.13	-0.2	-0.32	-0.33	-0.25	-0.19	-0.17	0.0	-0.32	-0.06	-0.48	-0.14	-0.25	-0.41	-0.56	-0.58
Cash	0.32	-0.7	0.41	0.11	-0.14	0.22	-0.03	-0.32		0.14	-0.27	0.34	0.35	0.42	0.33	0.07	0.27	0.4	0.11	0.02	0.25	-0.16	0.3	0.49	0.29	0.59
Other Assets	0.98	-0.53	0.95	0.99	0.93	0.99	0.87	-0.09	0.14		-0.59	0.87	0.88	0.82	0.97	0.98	0.99	0.87	0.94	0.99	0.88	0.89	0.95	0.6	0.85	0.76
Net Receivables	-0.64	0.34	-0.52	-0.63	-0.59	-0.67	-0.59	0.13	-0.27	-0.59		-0.71	-0.57	-0.67	-0.64	-0.48	-0.6	-0.62	-0.71	-0.61	-0.71	-0.34	-0.62	-0.4	-0.68	-0.55
Inventory	0.9	-0.58	0.86	0.89	0.78	0.88	0.81	-0.2	0.34	0.87	-0.71		0.77	0.9	0.89	0.82	0.87	0.95	0.86	0.82	0.83	0.73	0.91	0.67	0.81	0.73
Other Current Assets	0.91	-0.79	0.89	0.85	0.78	0.85	0.66	-0.32	0.35	0.88	-0.57	0.77		0.7	0.91	0.85	0.91	0.76	0.88	0.87	0.89	0.7	0.82	0.48	0.88	0.84
Other Stockholder Equity	0.89	-0.62	0.86	0.86	0.66	0.87	0.72	-0.33	0.42	0.82	-0.67	0.9	0.7		0.89	0.81	0.84	0.8	0.82	0.76	0.82	0.69	0.93	0.78	0.83	0.84
Total Liab	1.0	-0.65	0.98	0.96	0.85	0.98	0.77	-0.25	0.33	0.97	-0.64	0.89	0.91	0.89		0.95	0.99	0.88	0.95	0.93	0.93	0.82	0.98	0.71	0.91	0.88
Long Term Investments	0.95	-0.52	0.93	0.97	0.92	0.95	0.81	-0.19	0.07	0.98	-0.48	0.82	0.85	0.81	0.95		0.97	0.79	0.93	0.97	0.88	0.95	0.94	0.59	0.85	0.77
Total Current Assets	0.99	-0.62	0.98	0.97	0.89	0.98	0.81	-0.17	0.27	0.99	-0.6	0.87	0.91	0.84	0.99	0.97		0.88	0.94	0.96	0.91	0.86	0.96	0.64	0.88	0.84
Intangible Assets	0.88	-0.53	0.88	0.86	0.75	0.88	0.79	0.0	0.4	0.87	-0.62	0.95	0.76	0.8	0.88	0.79	0.88		0.78	0.81	0.74	0.68	0.88	0.66	0.71	0.68
Common Stock	0.95	-0.53	0.88	0.95	0.92	0.95	0.76	-0.32	0.11	0.94	-0.71	0.86	0.88	0.82	0.95	0.93	0.94	0.78		0.95	0.98	0.85	0.92	0.59	0.95	0.81
Property Plant Equipment	0.94	-0.48	0.89	0.98	0.97	0.96	0.88	-0.06	0.02	0.99	-0.61	0.82	0.87	0.76	0.93	0.97	0.96	0.81	0.95		0.88	0.9	0.9	0.48	0.83	0.7
Common Stock Shares Outstanding	0.93	-0.6	0.88	0.89	0.83	0.9	0.62	-0.48	0.25	0.88	-0.71	0.83	0.89	0.82	0.93	0.88	0.91	0.74	0.98	0.88		0.76	0.91	0.67	0.99	0.89
Deferred Long Term Liab	0.83	-0.36	0.79	0.88	0.93	0.83	0.79	-0.14	-0.16	0.89	-0.34	0.73	0.7	0.69	0.82	0.95	0.86	0.68	0.85	0.9	0.76		0.83	0.42	0.73	0.6
Net Invested Capital	0.98	-0.56	0.96	0.96	0.83	0.97	0.77	-0.25	0.3	0.95	-0.62	0.91	0.82	0.93	0.98	0.94	0.96	0.88	0.92	0.9	0.91	0.83		0.78	0.89	0.86
Net Debt	0.7	-0.37	0.74	0.63	0.36	0.68	0.31	-0.41	0.49	0.6	-0.4	0.67	0.48	0.78	0.71	0.59	0.64	0.66	0.59	0.48	0.67	0.42	0.78		0.69	0.74
Capital Stock	0.91	-0.64	0.87	0.86	0.78	0.87	0.56	-0.56	0.29	0.85	-0.68	0.81	0.88	0.83	0.91	0.85	0.88	0.71	0.95	0.83	0.99	0.73	0.89	0.69		0.91
Property Plant And Equipment Net	0.87	-0.79	0.89	0.74	0.59	0.8	0.44	-0.58	0.59	0.76	-0.55	0.73	0.84	0.84	0.88	0.77	0.84	0.68	0.81	0.7	0.89	0.6	0.86	0.74	0.91

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China Zheshang Account Relationship Matchups

China Zheshang fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8T	2.0T	2.3T	2.6T	3.1T	2.3T
Other Current Liab	19.1B	13.6B	21.1B	5.9B	5.3B	5.1B
Total Current Liabilities	1.3T	1.6T	1.7T	2.0T	2.3T	1.7T
Total Stockholder Equity	126.2B	130.5B	164.2B	162.9B	186.2B	141.2B
Other Liab	12.7B	14.3B	11.6B	12.6B	14.5B	10.7B
Net Tangible Assets	111.0B	115.3B	147.0B	160.6B	184.7B	119.2B
Retained Earnings	55.7B	62.0B	70.4B	82.2B	49.5B	59.1B
Accounts Payable	1.3T	1.5T	1.6T	1.9T	36.2B	34.4B
Cash	158.7B	201.7B	200.0B	253.5B	255.3B	233.8B
Other Assets	1.0T	1.2T	1.4T	1.6T	1.8T	1.1T
Inventory	10M	731M	900M	808M	929.2M	975.7M
Other Current Assets	134.6B	150.5B	125.7B	154.1B	177.2B	147.2B
Other Stockholder Equity	2.3B	261M	25.6B	27.2B	31.3B	32.8B
Total Liab	1.7T	1.9T	2.1T	2.5T	3.0T	2.1T
Long Term Investments	553.2B	551.8B	666.1B	766.0B	1.0T	627.1B
Total Current Assets	358.0B	420.0B	424.5B	517.2B	594.8B	411.4B
Intangible Assets	267.4M	2.1B	2.2B	2.3B	2.3B	1.6B
Property Plant Equipment	17.8B	18.3B	17.6B	21.7B	25.0B	15.0B
Deferred Long Term Liab	870.7M	723.6M	734M	768M	883.2M	766.1M
Net Invested Capital	333.4B	368.2B	484.9B	486.0B	582.2B	453.1B
Net Debt	27.3B	36.1B	120.7B	69.5B	140.6B	82.7B

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

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China Net Borrowings vs Free Cash Flow Analysis

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Borrowings

Free Cash Flow

China Zheshang fundamental ratios Correlations

China Zheshang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Zheshang fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Net Tangible Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Other Assets	+ 0.99	Total Stockholder Equity
Other Assets	+ 0.99	Net Tangible Assets
Total Current Assets	+ 0.99	Other Assets

Property Plant And Equipment Net	- 0.79	Other Current Liab
Other Current Assets	- 0.79	Other Current Liab
Common Stock Shares Outstanding	- 0.71	Net Receivables
Common Stock	- 0.71	Net Receivables
Inventory	- 0.71	Net Receivables
Cash	- 0.7	Other Current Liab