Zhongshan Total Assets vs Current Deferred Revenue Analysis

000685 Stock   8.91  0.09  1.02%   
Zhongshan Public financial indicator trend analysis is more than just analyzing Zhongshan Public Uti current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongshan Public Uti is a good investment. Please check the relationship between Zhongshan Public Total Assets and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongshan Public Utilities. 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.

Total Assets vs Current Deferred Revenue

Total Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongshan Public Uti Total Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zhongshan Public's Total Assets and Current Deferred Revenue is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Zhongshan Public Utilities, assuming nothing else is changed. The correlation between historical values of Zhongshan Public's Total Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Zhongshan Public Utilities are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Assets i.e., Zhongshan Public's Total Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Zhongshan Public assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zhongshan Public Uti books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Zhongshan Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongshan Public Uti 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 Zhongshan Public Utilities. 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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 102.8 M. In addition to that, Tax Provision is expected to decline to about 78.6 M
 2021 2022 2023 2024 (projected)
Operating Income456.7M347.8M534.0M560.7M
Total Revenue2.4B3.6B5.2B5.5B

Zhongshan Public fundamental ratios Correlations

0.950.30.940.970.870.850.860.990.890.911.00.330.910.90.910.4-0.090.030.960.980.880.920.9-0.370.93
0.950.110.960.870.850.90.970.910.970.810.940.360.80.940.950.36-0.1-0.060.980.950.940.940.78-0.430.95
0.30.110.330.310.110.05-0.060.350.130.470.290.30.480.280.110.13-0.2-0.180.270.360.130.30.17-0.010.31
0.940.960.330.850.790.840.90.910.960.840.930.460.830.970.870.37-0.21-0.120.990.950.950.960.73-0.370.98
0.970.870.310.850.850.760.760.980.770.90.980.230.90.790.840.43-0.010.170.870.920.80.830.96-0.320.83
0.870.850.110.790.850.720.810.870.790.730.880.440.750.710.840.37-0.130.050.830.790.780.710.81-0.230.75
0.850.90.050.840.760.720.840.830.860.790.840.470.780.850.940.11-0.12-0.220.90.880.740.890.64-0.270.83
0.860.97-0.060.90.760.810.840.810.960.640.860.30.630.90.890.33-0.03-0.080.920.850.940.880.68-0.450.9
0.990.910.350.910.980.870.830.810.840.920.990.330.920.870.90.35-0.120.00.930.950.830.90.89-0.330.89
0.890.970.130.960.770.790.860.960.840.750.880.420.740.960.90.3-0.19-0.150.970.910.940.940.66-0.450.97
0.910.810.470.840.90.730.790.640.920.750.90.390.990.780.830.32-0.240.00.860.920.70.850.8-0.290.83
1.00.940.290.930.980.880.840.860.990.880.90.320.910.880.90.41-0.10.040.950.970.880.910.91-0.360.91
0.330.360.30.460.230.440.470.30.330.420.390.320.40.380.35-0.08-0.42-0.360.440.350.340.360.110.390.35
0.910.80.480.830.90.750.780.630.920.740.990.910.40.760.830.38-0.26-0.030.860.920.680.830.81-0.310.82
0.90.940.280.970.790.710.850.90.870.960.780.880.380.760.890.21-0.19-0.220.970.930.90.990.65-0.40.98
0.910.950.110.870.840.840.940.890.90.90.830.90.350.830.890.2-0.13-0.170.940.920.780.920.73-0.420.88
0.40.360.130.370.430.370.110.330.350.30.320.41-0.080.380.210.2-0.130.10.320.330.460.260.45-0.460.34
-0.09-0.1-0.2-0.21-0.01-0.13-0.12-0.03-0.12-0.19-0.24-0.1-0.42-0.26-0.19-0.13-0.130.58-0.19-0.06-0.09-0.210.080.02-0.2
0.03-0.06-0.18-0.120.170.05-0.22-0.080.0-0.150.00.04-0.36-0.03-0.22-0.170.10.58-0.14-0.020.04-0.220.40.08-0.12
0.960.980.270.990.870.830.90.920.930.970.860.950.440.860.970.940.32-0.19-0.140.970.920.970.75-0.40.98
0.980.950.360.950.920.790.880.850.950.910.920.970.350.920.930.920.33-0.06-0.020.970.860.960.82-0.40.95
0.880.940.130.950.80.780.740.940.830.940.70.880.340.680.90.780.46-0.090.040.920.860.870.73-0.380.93
0.920.940.30.960.830.710.890.880.90.940.850.910.360.830.990.920.26-0.21-0.220.970.960.870.69-0.40.97
0.90.780.170.730.960.810.640.680.890.660.80.910.110.810.650.730.450.080.40.750.820.730.69-0.280.71
-0.37-0.43-0.01-0.37-0.32-0.23-0.27-0.45-0.33-0.45-0.29-0.360.39-0.31-0.4-0.42-0.460.020.08-0.4-0.4-0.38-0.4-0.28-0.49
0.930.950.310.980.830.750.830.90.890.970.830.910.350.820.980.880.34-0.2-0.120.980.950.930.970.71-0.49
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Zhongshan Public Account Relationship Matchups

Zhongshan Public fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.1B20.9B22.5B25.5B29.0B30.5B
Short Long Term Debt Total3.6B4.2B3.3B5.0B7.6B8.0B
Other Current Liab526.8M48.6M1.5B1.9B195.5M301.5M
Total Current Liabilities3.3B3.9B4.2B6.6B8.0B8.4B
Total Stockholder Equity13.1B14.1B15.1B15.7B16.4B17.2B
Property Plant And Equipment Net3.2B2.4B2.1B2.3B3.5B3.6B
Current Deferred Revenue561.0M1.3B1.3B803.7M1.9B2.0B
Net Debt2.4B2.5B915.8M2.9B5.4B5.7B
Retained Earnings8.2B9.2B10.3B10.9B11.5B12.1B
Accounts Payable843.8M784.2M696.7M1.6B2.5B2.6B
Cash1.2B1.7B2.4B2.1B2.2B2.3B
Non Current Assets Total16.8B18.2B18.9B21.4B24.4B25.6B
Non Currrent Assets Other1.5B1.3B1.8B192.2M2.9B3.0B
Cash And Short Term Investments1.5B1.7B2.5B2.1B2.2B2.3B
Net Receivables484.5M823.8M860.7M1.8B1.9B2.0B
Liabilities And Stockholders Equity19.1B20.9B22.5B25.5B29.0B30.5B
Non Current Liabilities Total2.4B2.6B2.8B2.9B4.4B4.6B
Inventory235.5M136.9M90.5M117.2M115.5M87.7M
Other Current Assets88.1M97.5M95.2M113.0M129.8M140.9M
Other Stockholder Equity788.1M753.6M753.6M699.8M1.8B991.2M
Total Liab5.7B6.5B7.0B9.5B12.4B13.0B
Total Current Assets2.3B2.7B3.5B4.1B4.6B4.8B
Short Term Debt1.4B1.7B654.0M2.4B3.4B3.6B
Intangible Assets1.2B2.2B2.2B3.7B3.8B4.0B
Other Liab113.4M126.1M183.9M325.1M373.9M392.6M
Short Term Investments310.0M10.8K130M(1.6B)(1.5B)(1.4B)
Property Plant Equipment3.2B2.4B2.1B2.3B2.6B1.5B
Long Term Debt2.3B2.5B2.6B2.6B4.1B4.4B
Net Tangible Assets11.9B11.9B13.0B11.9B13.7B12.7B
Deferred Long Term Liab43.2M35.6M35.7M76.2M87.6M92.0M
Short Long Term Debt1.3B1.6B550.6M980.4M2.2B1.2B
Non Current Liabilities Other2.2B23.1M31.4M109.8M42.3M40.1M
Net Invested Capital16.6B18.2B18.3B19.3B22.7B19.4B
Net Working Capital(1.0B)(1.1B)(684.6M)(2.5B)(3.4B)(3.2B)

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Other Information on Investing in Zhongshan Stock

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