Dawning Retained Earnings vs Good Will Analysis

603019 Stock   76.04  3.03  3.83%   
Dawning Information financial indicator trend analysis is much more than just examining Dawning Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dawning Information is a good investment. Please check the relationship between Dawning Information Retained Earnings and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dawning Information Industry. 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.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dawning Information Retained Earnings account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dawning Information's Retained Earnings and Good Will is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will in the same time period over historical financial statements of Dawning Information Industry, assuming nothing else is changed. The correlation between historical values of Dawning Information's Retained Earnings and Good Will 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 Dawning Information Industry are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., Dawning Information's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Dawning Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dawning Information 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 Dawning Information Industry. 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 27, 2024, Selling General Administrative is expected to decline to about 521.8 M. In addition to that, Tax Provision is expected to decline to about 162.7 M
 2021 2022 2023 2024 (projected)
Operating Income1.3B1.8B1.9B2.0B
Total Revenue11.2B13.0B14.4B7.6B

Dawning Information fundamental ratios Correlations

0.30.780.970.980.970.770.940.930.40.670.850.960.870.940.980.870.960.65-0.260.070.940.84-0.040.940.39
0.30.420.190.370.120.520.440.360.30.340.510.290.510.00.370.450.32-0.340.020.230.230.52-0.010.520.13
0.780.420.630.730.650.970.660.740.650.950.830.670.940.60.720.870.610.480.280.430.540.880.450.80.67
0.970.190.630.950.990.620.940.870.220.530.760.960.760.960.970.790.990.69-0.41-0.120.980.73-0.170.890.29
0.980.370.730.950.950.750.920.980.470.60.840.970.860.910.960.850.950.55-0.30.120.920.83-0.150.930.28
0.970.120.650.990.950.630.90.90.290.540.740.960.760.990.950.790.960.71-0.37-0.050.960.72-0.150.850.3
0.770.520.970.620.750.630.670.790.720.930.820.680.950.580.730.870.610.40.280.50.530.90.360.80.58
0.940.440.660.940.920.90.670.830.230.580.760.940.790.840.980.810.970.53-0.36-0.080.920.79-0.130.930.33
0.930.360.740.870.980.90.790.830.590.60.820.920.860.870.90.830.860.52-0.190.230.830.8-0.140.870.25
0.40.30.650.220.470.290.720.230.590.650.470.380.650.280.320.50.180.040.460.890.10.670.310.40.34
0.670.340.950.530.60.540.930.580.60.650.660.590.840.520.640.780.50.470.450.530.410.850.620.680.79
0.850.510.830.760.840.740.820.760.820.470.660.710.940.650.80.890.770.36-0.170.170.750.84-0.020.940.27
0.960.290.670.960.970.960.680.940.920.380.590.710.780.940.970.80.950.63-0.280.050.920.79-0.080.880.37
0.870.510.940.760.860.760.950.790.860.650.840.940.780.690.830.950.760.420.030.370.70.950.180.930.46
0.940.00.60.960.910.990.580.840.870.280.520.650.940.690.910.730.920.77-0.33-0.050.920.66-0.110.780.32
0.980.370.720.970.960.950.730.980.90.320.640.80.970.830.910.840.980.63-0.260.00.940.82-0.070.930.38
0.870.450.870.790.850.790.870.810.830.50.780.890.80.950.730.840.80.47-0.070.220.750.920.090.920.38
0.960.320.610.990.950.960.610.970.860.180.50.770.950.760.920.980.80.6-0.44-0.140.980.74-0.210.920.26
0.65-0.340.480.690.550.710.40.530.520.040.470.360.630.420.770.630.470.60.03-0.210.610.360.230.460.5
-0.260.020.28-0.41-0.3-0.370.28-0.36-0.190.460.45-0.17-0.280.03-0.33-0.26-0.07-0.440.030.65-0.540.090.84-0.260.59
0.070.230.43-0.120.12-0.050.5-0.080.230.890.530.170.050.37-0.050.00.22-0.14-0.210.65-0.230.470.470.080.36
0.940.230.540.980.920.960.530.920.830.10.410.750.920.70.920.940.750.980.61-0.54-0.230.66-0.280.870.18
0.840.520.880.730.830.720.90.790.80.670.850.840.790.950.660.820.920.740.360.090.470.660.230.90.51
-0.04-0.010.45-0.17-0.15-0.150.36-0.13-0.140.310.62-0.02-0.080.18-0.11-0.070.09-0.210.230.840.47-0.280.23-0.040.88
0.940.520.80.890.930.850.80.930.870.40.680.940.880.930.780.930.920.920.46-0.260.080.870.9-0.040.34
0.390.130.670.290.280.30.580.330.250.340.790.270.370.460.320.380.380.260.50.590.360.180.510.880.34
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Dawning Information Account Relationship Matchups

Dawning Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.8B21.0B26.1B31.8B31.6B33.2B
Other Current Liab1.3B1.6B2.2B35.3M132.7M126.0M
Total Current Liabilities5.9B3.7B5.6B6.3B5.0B3.9B
Total Stockholder Equity4.3B11.6B12.7B17.0B18.6B19.6B
Other Liab2.2B5.2B4.8B6.7B7.8B8.1B
Retained Earnings1.8B2.4B3.4B4.7B5.6B5.9B
Accounts Payable2.9B1.8B2.6B2.4B2.2B1.7B
Cash2.9B8.2B6.5B6.2B7.2B7.6B
Other Assets528.4M2.1B1.0B1.8B2.1B2.2B
Long Term Debt4.9B500M694.5M1.5B1.3B1.0B
Net Receivables2.9B2.1B2.3B2.8B2.5B2.0B
Inventory3.4B2.8B6.0B6.4B3.4B2.4B
Other Current Assets644.1M884.7M800.1M831.2M1.3B1.4B
Total Liab12.1B9.0B13.0B14.1B12.1B7.4B
Intangible Assets1.0B1.3B1.8B3.2B4.3B4.5B
Common Stock900.3M1.5B1.5B1.5B1.7B1.8B
Property Plant Equipment1.4B1.6B1.6B2.1B2.4B1.2B
Net Tangible Assets3.0B3.3B10.6B11.5B13.2B13.8B
Other Stockholder Equity184.4M7.0M5.5M8.4M9.7M9.2M
Deferred Long Term Liab59.4M34.8M927.5M1.4B1.6B1.7B
Short Long Term Debt2.4B781.1M5.0M287.6M160.1M152.1M
Total Current Assets9.9B14.3B16.6B16.8B14.9B11.6B
Non Current Assets Total6.9B6.7B9.6B15.0B16.7B8.9B
Non Currrent Assets Other1.9B667.9M2.1B2.6B2.2B1.4B
Non Current Liabilities Total6.3B5.3B7.5B7.8B7.1B5.5B
Non Current Liabilities Other1.1B864.8M1.4B290.0M314.1M298.4M
Common Stock Shares Outstanding1.3B1.5B1.5B1.5B1.5B1.5B
Net Invested Capital6.2B12.1B13.4B18.8B20.1B13.3B
Net Working Capital4.0B10.6B11.0B10.5B9.9B8.0B
Capital Stock900.3M1.5B1.5B1.5B1.5B1.4B

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Other Information on Investing in Dawning Stock

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