Zhuhai Retained Earnings vs Other Current Assets Analysis

688175 Stock   19.44  0.51  2.69%   
Zhuhai Comleader financial indicator trend analysis is more than just analyzing Zhuhai Comleader Inf current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuhai Comleader Inf is a good investment. Please check the relationship between Zhuhai Comleader Retained Earnings and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuhai Comleader Information. 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 Other Current Assets

Retained Earnings vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuhai Comleader Inf Retained Earnings account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zhuhai Comleader's Retained Earnings and Other Current Assets is 0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zhuhai Comleader Information, assuming nothing else is changed. The correlation between historical values of Zhuhai Comleader's Retained Earnings and Other Current Assets 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 Zhuhai Comleader Information are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Retained Earnings i.e., Zhuhai Comleader's Retained Earnings and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.75
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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Zhuhai Comleader's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuhai Comleader Inf 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 Zhuhai Comleader Information. 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 (283.5 K). In addition to that, Selling General Administrative is expected to decline to about 63.8 M
 2021 2022 2023 2024 (projected)
Interest Expense347.3K212.2K127.7K121.3K
Interest Income3.8M4.4M5.2M4.0M

Zhuhai Comleader fundamental ratios Correlations

-0.82-0.91.00.940.990.820.770.990.970.960.8-0.90.49-0.891.01.00.991.00.960.58-0.690.930.910.67
-0.820.66-0.81-0.94-0.87-0.88-0.67-0.73-0.92-0.69-0.530.55-0.820.66-0.81-0.82-0.81-0.81-0.92-0.520.34-0.81-0.84-0.55
-0.90.66-0.91-0.84-0.89-0.55-0.75-0.93-0.82-0.95-0.70.97-0.41.0-0.91-0.91-0.87-0.91-0.88-0.740.65-0.97-0.91-0.66
1.0-0.81-0.910.930.990.80.760.990.960.960.79-0.910.48-0.891.01.00.981.00.960.58-0.680.930.910.65
0.94-0.94-0.840.930.970.840.750.880.980.860.72-0.780.75-0.830.930.930.930.931.00.54-0.460.930.970.63
0.99-0.87-0.890.990.970.840.780.960.990.930.8-0.870.6-0.870.990.990.990.980.990.55-0.620.940.940.67
0.82-0.88-0.550.80.840.840.780.720.910.620.74-0.550.66-0.530.80.790.870.780.830.27-0.580.720.730.71
0.77-0.67-0.750.760.750.780.780.710.790.640.86-0.770.52-0.740.760.730.830.720.750.41-0.780.850.790.99
0.99-0.73-0.930.990.880.960.720.710.910.990.75-0.940.36-0.920.990.990.950.990.920.64-0.710.920.870.61
0.97-0.92-0.820.960.980.990.910.790.910.870.79-0.790.66-0.80.960.960.980.950.980.49-0.590.910.920.69
0.96-0.69-0.950.960.860.930.620.640.990.870.68-0.940.34-0.940.960.970.910.980.90.68-0.630.910.870.52
0.8-0.53-0.70.790.720.80.740.860.750.790.68-0.80.43-0.670.790.740.870.740.720.11-0.710.750.760.85
-0.90.550.97-0.91-0.78-0.87-0.55-0.77-0.94-0.79-0.94-0.8-0.260.96-0.91-0.9-0.89-0.9-0.82-0.610.76-0.92-0.85-0.7
0.49-0.82-0.40.480.750.60.660.520.360.660.340.43-0.26-0.390.480.470.530.460.690.150.070.560.720.45
-0.890.661.0-0.89-0.83-0.87-0.53-0.74-0.92-0.8-0.94-0.670.96-0.39-0.89-0.9-0.85-0.9-0.87-0.770.64-0.96-0.9-0.64
1.0-0.81-0.911.00.930.990.80.760.990.960.960.79-0.910.48-0.891.00.981.00.960.58-0.680.930.910.65
1.0-0.82-0.911.00.930.990.790.730.990.960.970.74-0.90.47-0.91.00.971.00.960.63-0.670.930.90.62
0.99-0.81-0.870.980.930.990.870.830.950.980.910.87-0.890.53-0.850.980.970.970.950.47-0.710.920.910.75
1.0-0.81-0.911.00.930.980.780.720.990.950.980.74-0.90.46-0.91.01.00.970.960.63-0.660.930.90.61
0.96-0.92-0.880.961.00.990.830.750.920.980.90.72-0.820.69-0.870.960.960.950.960.59-0.510.940.960.63
0.58-0.52-0.740.580.540.550.270.410.640.490.680.11-0.610.15-0.770.580.630.470.630.59-0.460.710.550.3
-0.690.340.65-0.68-0.46-0.62-0.58-0.78-0.71-0.59-0.63-0.710.760.070.64-0.68-0.67-0.71-0.66-0.51-0.46-0.66-0.47-0.78
0.93-0.81-0.970.930.930.940.720.850.920.910.910.75-0.920.56-0.960.930.930.920.930.940.71-0.660.960.76
0.91-0.84-0.910.910.970.940.730.790.870.920.870.76-0.850.72-0.90.910.90.910.90.960.55-0.470.960.69
0.67-0.55-0.660.650.630.670.710.990.610.690.520.85-0.70.45-0.640.650.620.750.610.630.3-0.780.760.69
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Zhuhai Comleader Account Relationship Matchups

Currently Active Assets on Macroaxis

Other Information on Investing in Zhuhai Stock

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