Tianjin Long Term Investments vs Retained Earnings Analysis

603969 Stock   5.89  0.07  1.20%   
Tianjin Silvery financial indicator trend analysis is much more than just breaking down Tianjin Silvery Dragon prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Silvery Dragon is a good investment. Please check the relationship between Tianjin Silvery Long Term Investments and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Silvery Dragon. 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.

Long Term Investments vs Retained Earnings

Long Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Silvery Dragon Long Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tianjin Silvery's Long Term Investments and Retained Earnings is 0.93. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Tianjin Silvery Dragon, assuming nothing else is changed. The correlation between historical values of Tianjin Silvery's Long Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Tianjin Silvery Dragon are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Investments i.e., Tianjin Silvery's Long Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Long Term Investments

Long Term Investments is an item on the asset side of Tianjin Silvery balance sheet that represents investments Tianjin Silvery Dragon intends to hold for over a year. Tianjin Silvery Dragon long term investments may include different instruments such as stocks, bonds, real estate and cash.

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.
Most indicators from Tianjin Silvery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Silvery Dragon 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 Tianjin Silvery Dragon. 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 82.4 M, whereas Tax Provision is forecasted to decline to about 23 M.
 2021 2022 2023 2024 (projected)
Operating Income250.3M157.6M223.7M192.7M
Total Revenue3.1B2.5B2.7B2.4B

Tianjin Silvery fundamental ratios Correlations

-0.160.860.95-0.370.920.570.710.980.920.540.860.90.970.930.970.86-0.220.960.950.91-0.860.720.220.430.15
-0.160.01-0.23-0.21-0.05-0.18-0.09-0.180.010.350.00.06-0.24-0.09-0.14-0.320.15-0.22-0.24-0.250.35-0.260.070.12-0.38
0.860.010.66-0.440.940.240.350.880.850.491.00.690.830.790.760.77-0.160.840.920.89-0.820.620.370.50.12
0.95-0.230.66-0.290.790.680.830.910.840.50.660.910.930.890.970.8-0.220.910.850.81-0.770.680.090.310.15
-0.37-0.21-0.44-0.29-0.36-0.2-0.17-0.31-0.49-0.26-0.41-0.38-0.3-0.28-0.33-0.370.03-0.29-0.36-0.360.36-0.350.01-0.11-0.18
0.92-0.050.940.79-0.360.420.520.940.820.640.950.750.90.830.850.77-0.150.890.940.9-0.790.610.360.580.08
0.57-0.180.240.68-0.20.420.560.480.340.250.250.650.590.520.60.35-0.250.410.430.4-0.330.34-0.020.280.08
0.71-0.090.350.83-0.170.520.560.680.630.460.350.730.640.660.760.580.20.680.550.55-0.420.39-0.060.030.1
0.98-0.180.880.91-0.310.940.480.680.890.580.880.860.960.920.930.83-0.210.980.960.92-0.830.650.250.440.14
0.920.010.850.84-0.490.820.340.630.890.460.840.820.870.820.920.9-0.130.90.90.87-0.860.810.050.270.17
0.540.350.490.5-0.260.640.250.460.580.460.490.530.50.540.510.230.040.570.430.4-0.210.220.10.37-0.31
0.860.01.00.66-0.410.950.250.350.880.840.490.690.830.790.760.77-0.170.830.920.89-0.820.620.380.530.11
0.90.060.690.91-0.380.750.650.730.860.820.530.690.860.940.90.65-0.340.840.770.76-0.680.520.240.310.14
0.97-0.240.830.93-0.30.90.590.640.960.870.50.830.860.930.940.84-0.320.960.930.91-0.830.720.220.370.1
0.93-0.090.790.89-0.280.830.520.660.920.820.540.790.940.930.870.68-0.380.920.840.86-0.720.50.360.270.13
0.97-0.140.760.97-0.330.850.60.760.930.920.510.760.90.940.870.88-0.210.930.910.86-0.840.790.070.380.17
0.86-0.320.770.8-0.370.770.350.580.830.90.230.770.650.840.680.88-0.050.840.910.88-0.90.9-0.050.230.32
-0.220.15-0.16-0.220.03-0.15-0.250.2-0.21-0.130.04-0.17-0.34-0.32-0.38-0.21-0.05-0.25-0.2-0.20.25-0.12-0.23-0.21-0.15
0.96-0.220.840.91-0.290.890.410.680.980.90.570.830.840.960.920.930.84-0.250.930.91-0.830.70.170.310.14
0.95-0.240.920.85-0.360.940.430.550.960.90.430.920.770.930.840.910.91-0.20.930.97-0.930.770.220.450.28
0.91-0.250.890.81-0.360.90.40.550.920.870.40.890.760.910.860.860.88-0.20.910.97-0.860.70.20.240.4
-0.860.35-0.82-0.770.36-0.79-0.33-0.42-0.83-0.86-0.21-0.82-0.68-0.83-0.72-0.84-0.90.25-0.83-0.93-0.86-0.82-0.21-0.41-0.33
0.72-0.260.620.68-0.350.610.340.390.650.810.220.620.520.720.50.790.9-0.120.70.770.7-0.82-0.280.240.16
0.220.070.370.090.010.36-0.02-0.060.250.050.10.380.240.220.360.07-0.05-0.230.170.220.2-0.21-0.280.43-0.14
0.430.120.50.31-0.110.580.280.030.440.270.370.530.310.370.270.380.23-0.210.310.450.24-0.410.240.43-0.28
0.15-0.380.120.15-0.180.080.080.10.140.17-0.310.110.140.10.130.170.32-0.150.140.280.4-0.330.16-0.14-0.28
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Tianjin Silvery Account Relationship Matchups

Tianjin Silvery fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B2.7B3.1B3.2B3.4B2.4B
Other Current Liab30.2M25.9M17.4M49.4M1.5M1.5M
Total Current Liabilities1.2B764.1M1.0B1.1B1.1B704.8M
Total Stockholder Equity1.8B1.9B2.0B2.1B2.3B1.6B
Other Liab22.8M21.2M20.0M18.7M16.9M18.7M
Accounts Payable794.8M412.4M614.0M867.3M567.0M379.1M
Cash220.3M248.8M352.2M320.1M225.1M253.4M
Other Assets57.2M47.5M47.2M95.3M109.6M58.8M
Net Receivables1.3B1.0B1.3B1.3B1.4B996.2M
Inventory328.1M375.8M373.9M399.0M486.3M303.8M
Other Current Assets137.7M167.7M109.2M256.8M35.5M33.7M
Total Liab1.3B785.3M1.1B1.1B1.1B743.0M
Intangible Assets100.2M93.7M91.4M89.1M92.1M79.2M
Property Plant Equipment414.2M374.5M327.9M318.8M366.6M304.1M
Retained Earnings722.9M809.2M897.2M1.0B986.4M658.7M
Net Tangible Assets1.7B1.8B1.9B2.0B2.3B1.9B
Deferred Long Term Liab21.3M12.4M10.3M48.1M43.3M21.9M
Total Current Assets2.5B2.1B2.5B2.6B2.7B2.3B
Non Current Assets Total643.0M608.2M593.3M653.6M688.3M658.8M
Non Currrent Assets Other7.7M9.0M6.5M10.3M5.1M9.0M
Short Term Investments379.1M31.1M16.8M18.8M16.9M16.0M
Non Current Liabilities Total69.2M21.2M81.4M63.7M19.0M18.1M
Other Stockholder Equity23.6M33.2M42.6M53.5M61.5M31.7M
Net Invested Capital2.2B2.2B2.4B2.3B2.5B2.4B
Short Long Term Debt369.2M254.9M347.6M109.7M262.1M274.4M
Net Working Capital1.3B1.3B1.5B1.5B1.6B1.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Tianjin Stock

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