Zhejiang Depreciation And Amortization vs Selling General Administrative Analysis

601921 Stock   8.71  0.67  7.14%   
Zhejiang Publishing financial indicator trend analysis is more than just analyzing Zhejiang Publishing Media current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Publishing Media is a good investment. Please check the relationship between Zhejiang Publishing Depreciation And Amortization and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Publishing Media. 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.

Depreciation And Amortization vs Selling General Administrative

Depreciation And Amortization vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Publishing Media Depreciation And Amortization account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zhejiang Publishing's Depreciation And Amortization and Selling General Administrative is 0.52. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Zhejiang Publishing Media, assuming nothing else is changed. The correlation between historical values of Zhejiang Publishing's Depreciation And Amortization and Selling General Administrative 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 And Amortization of Zhejiang Publishing Media are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Depreciation And Amortization i.e., Zhejiang Publishing's Depreciation And Amortization and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Selling General Administrative

Most indicators from Zhejiang Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Publishing Media 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 Zhejiang Publishing Media. 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 Selling General Administrative is expected to grow to about 1.8 B, whereas Tax Provision is projected to grow to (209.2 M).
 2022 2024 2025 (projected)
Interest Expense8.8M6.8M7.1M
Depreciation And Amortization383.0M440.5M226.1M

Zhejiang Publishing fundamental ratios Correlations

0.94-0.870.981.00.97-0.940.990.990.970.96-0.270.990.620.890.740.89-0.820.440.991.00.95-0.890.80.980.99
0.94-0.910.910.940.94-0.980.940.960.960.94-0.240.940.610.820.830.9-0.90.290.940.940.98-0.910.830.960.94
-0.87-0.91-0.86-0.87-0.920.85-0.87-0.86-0.81-0.920.58-0.82-0.72-0.86-0.52-0.860.8-0.27-0.85-0.85-0.90.95-0.73-0.89-0.85
0.980.91-0.860.970.95-0.880.950.960.920.94-0.40.940.720.950.650.84-0.730.530.990.980.94-0.920.720.970.98
1.00.94-0.870.970.97-0.940.990.990.980.96-0.260.990.60.870.740.89-0.830.420.981.00.94-0.880.820.970.99
0.970.94-0.920.950.97-0.910.980.980.941.0-0.340.960.710.910.70.94-0.870.320.960.960.92-0.910.840.980.95
-0.94-0.980.85-0.88-0.94-0.91-0.94-0.95-0.97-0.890.15-0.95-0.47-0.74-0.87-0.850.9-0.28-0.92-0.94-0.950.84-0.83-0.93-0.93
0.990.94-0.870.950.990.98-0.941.00.980.96-0.240.990.560.850.760.91-0.870.340.970.990.92-0.860.850.970.97
0.990.96-0.860.960.990.98-0.951.00.990.96-0.220.990.580.850.790.9-0.880.370.970.990.93-0.860.830.980.98
0.970.96-0.810.920.980.94-0.970.980.990.93-0.10.990.50.780.860.88-0.890.340.950.970.92-0.810.840.960.96
0.960.94-0.920.940.961.0-0.890.960.960.93-0.340.940.730.90.680.96-0.880.280.940.940.91-0.910.860.960.93
-0.27-0.240.58-0.4-0.26-0.340.15-0.24-0.22-0.1-0.34-0.16-0.63-0.580.31-0.210.04-0.32-0.31-0.26-0.340.58-0.03-0.34-0.28
0.990.94-0.820.940.990.96-0.950.990.990.990.94-0.160.510.810.80.88-0.860.370.960.990.91-0.820.830.960.97
0.620.61-0.720.720.60.71-0.470.560.580.50.73-0.630.510.880.230.64-0.420.350.680.590.65-0.820.430.690.61
0.890.82-0.860.950.870.91-0.740.850.850.780.9-0.580.810.880.460.8-0.620.510.920.880.87-0.940.620.910.89
0.740.83-0.520.650.740.7-0.870.760.790.860.680.310.80.230.460.7-0.830.110.740.750.75-0.550.750.740.74
0.890.9-0.860.840.890.94-0.850.910.90.880.96-0.210.880.640.80.7-0.920.040.850.870.85-0.840.950.870.85
-0.82-0.90.8-0.73-0.83-0.870.9-0.87-0.88-0.89-0.880.04-0.86-0.42-0.62-0.83-0.920.06-0.78-0.8-0.80.73-0.92-0.82-0.77
0.440.29-0.270.530.420.32-0.280.340.370.340.28-0.320.370.350.510.110.040.060.490.470.43-0.39-0.170.40.51
0.990.94-0.850.990.980.96-0.920.970.970.950.94-0.310.960.680.920.740.85-0.780.490.990.95-0.910.750.980.99
1.00.94-0.850.981.00.96-0.940.990.990.970.94-0.260.990.590.880.750.87-0.80.470.990.94-0.880.790.971.0
0.950.98-0.90.940.940.92-0.950.920.930.920.91-0.340.910.650.870.750.85-0.80.430.950.94-0.950.750.940.96
-0.89-0.910.95-0.92-0.88-0.910.84-0.86-0.86-0.81-0.910.58-0.82-0.82-0.94-0.55-0.840.73-0.39-0.91-0.88-0.95-0.69-0.91-0.89
0.80.83-0.730.720.820.84-0.830.850.830.840.86-0.030.830.430.620.750.95-0.92-0.170.750.790.75-0.690.790.75
0.980.96-0.890.970.970.98-0.930.970.980.960.96-0.340.960.690.910.740.87-0.820.40.980.970.94-0.910.790.97
0.990.94-0.850.980.990.95-0.930.970.980.960.93-0.280.970.610.890.740.85-0.770.510.991.00.96-0.890.750.97
Click cells to compare fundamentals

Zhejiang Publishing Account Relationship Matchups

Zhejiang Publishing fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.1B20.6B22.1B22.3B25.6B19.3B
Short Long Term Debt Total122.0M223.3M411.1M421.1M484.3M508.5M
Other Current Liab2.5B2.2B2.4B51.3M46.2M43.9M
Total Current Liabilities7.1B7.8B8.6B8.5B9.7B8.2B
Total Stockholder Equity8.5B12.0B12.7B13.4B15.4B10.6B
Property Plant And Equipment Net3.2B3.4B3.4B3.6B4.1B3.5B
Net Debt(4.4B)(6.8B)(9.7B)(10.1B)(9.1B)(9.5B)
Retained Earnings3.3B4.6B5.2B5.8B6.6B3.8B
Accounts Payable4.6B5.6B6.1B6.1B7.0B5.1B
Cash7.0B10.1B10.5B9.6B11.1B7.6B
Non Current Assets Total4.9B5.2B5.1B5.4B6.2B5.3B
Non Currrent Assets Other790.6M1.3B915.1M87.1M78.4M74.5M
Cash And Short Term Investments5.3B7.2B10.9B12.3B14.1B7.8B
Common Stock Shares Outstanding2.0B2.1B2.2B2.2B2.6B2.3B
Liabilities And Stockholders Equity14.7B16.1B20.6B22.1B25.4B18.5B
Non Current Liabilities Total539.8M717.6M739.5M404.1M464.8M523.6M
Inventory3.1B3.4B3.3B3.4B3.9B3.5B
Other Current Assets111.6M122.1M71.2M95.1M85.6M81.3M
Other Stockholder Equity3.1B3.2B5.2B5.3B6.1B4.6B
Total Liab7.6B8.5B9.3B8.9B10.2B8.7B
Total Current Assets11.3B15.4B16.9B16.8B19.4B14.0B
Short Term Debt7.0M8.0M35.0M40.8M46.9M49.2M
Intangible Assets907.7M852.9M812.2M767.3M690.6M694.2M
Net Receivables730.9M864.3M1.1B886.1M1.0B968.9M
Short Term Investments228M850M1.8B2.7B3.0B3.2B
Net Invested Capital8.7B12.3B13.1B13.4B15.4B12.1B
Net Working Capital4.2B7.6B8.4B8.4B9.6B7.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Zhejiang Stock

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