Zhejiang Property Plant And Equipment Gross vs Retained Earnings Analysis

301113 Stock

27.26 0.27 1.00%

Zhejiang Yayi financial indicator trend analysis is more than just analyzing Zhejiang Yayi Metal current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Yayi Metal is a good investment. Please check the relationship between Zhejiang Yayi Property Plant And Equipment Gross and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Yayi Metal. 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.

Property Plant And Equipment Gross vs Retained Earnings

Property Plant And Equipment Gross vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Yayi Metal Property Plant And Equipment Gross account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhejiang Yayi's Property Plant And Equipment Gross and Retained Earnings is 0.66. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Zhejiang Yayi Metal, assuming nothing else is changed. The correlation between historical values of Zhejiang Yayi's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of Zhejiang Yayi Metal 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 Property Plant And Equipment Gross i.e., Zhejiang Yayi's Property Plant And Equipment Gross and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

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Property Plant And Equipment Gross

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 Zhejiang Yayi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Yayi Metal 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 Yayi Metal. 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.

The current year's Tax Provision is expected to grow to about 12.3 M, whereas Selling General Administrative is forecasted to decline to about 13.5 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	457.2K	16.6M	11.4M	6.5M
Tax Provision	24.5M	13.7M	7.0M	12.3M

Net Interest Income Tax Provision

Zhejiang Yayi fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Property Plant And Equipment Gross	Capital Lease Obligations	Non Current Liabilities Other
Total Assets		-0.91	0.81	1.0	0.97	0.76	0.95	0.76	0.88	0.3	0.97	-0.97	0.78	0.15	0.83	1.0	0.92	0.97	0.91	0.77	0.78	0.78	-0.77	-0.5
Other Current Liab	-0.91		-0.93	-0.9	-0.95	-0.86	-0.85	-0.75	-0.96	-0.53	-0.86	0.98	-0.77	-0.51	-0.93	-0.9	-0.85	-0.86	-0.82	-0.69	-0.7	-0.71	0.74	0.56
Total Current Liabilities	0.81	-0.93		0.79	0.89	0.98	0.72	0.67	0.93	0.62	0.81	-0.88	0.79	0.57	1.0	0.79	0.74	0.81	0.7	0.57	0.66	0.67	-0.62	-0.58
Total Stockholder Equity	1.0	-0.9	0.79		0.96	0.73	0.96	0.76	0.86	0.27	0.97	-0.96	0.77	0.12	0.8	1.0	0.92	0.97	0.91	0.77	0.77	0.78	-0.77	-0.49
Retained Earnings	0.97	-0.95	0.89	0.96		0.81	0.96	0.67	0.92	0.51	0.91	-0.97	0.89	0.3	0.89	0.96	0.96	0.91	0.94	0.63	0.66	0.66	-0.66	-0.49
Accounts Payable	0.76	-0.86	0.98	0.73	0.81		0.62	0.71	0.87	0.51	0.81	-0.82	0.71	0.52	0.98	0.73	0.63	0.81	0.58	0.6	0.72	0.73	-0.64	-0.62
Cash	0.95	-0.85	0.72	0.96	0.96	0.62		0.57	0.79	0.41	0.87	-0.9	0.87	0.08	0.72	0.96	0.99	0.87	0.99	0.56	0.55	0.56	-0.58	-0.37
Non Current Assets Total	0.76	-0.75	0.67	0.76	0.67	0.71	0.57		0.64	-0.11	0.85	-0.81	0.37	0.11	0.7	0.76	0.51	0.85	0.48	0.89	0.93	0.93	-0.98	-0.84
Non Currrent Assets Other	0.88	-0.96	0.93	0.86	0.92	0.87	0.79	0.64		0.57	0.82	-0.92	0.72	0.59	0.93	0.86	0.79	0.82	0.76	0.68	0.69	0.69	-0.65	-0.36
Net Receivables	0.3	-0.53	0.62	0.27	0.51	0.51	0.41	-0.11	0.57		0.16	-0.4	0.7	0.72	0.58	0.27	0.52	0.16	0.49	-0.21	-0.16	-0.16	0.16	0.0
Common Stock Shares Outstanding	0.97	-0.86	0.81	0.97	0.91	0.81	0.87	0.85	0.82	0.16		-0.93	0.7	0.07	0.83	0.97	0.82	1.0	0.8	0.84	0.88	0.89	-0.84	-0.61
Short Term Investments	-0.97	0.98	-0.88	-0.96	-0.97	-0.82	-0.9	-0.81	-0.92	-0.4	-0.93		-0.78	-0.33	-0.89	-0.96	-0.89	-0.93	-0.87	-0.75	-0.76	-0.77	0.81	0.6
Inventory	0.78	-0.77	0.79	0.77	0.89	0.71	0.87	0.37	0.72	0.7	0.7	-0.78		0.23	0.78	0.77	0.92	0.7	0.91	0.23	0.31	0.32	-0.31	-0.4
Other Current Assets	0.15	-0.51	0.57	0.12	0.3	0.52	0.08	0.11	0.59	0.72	0.07	-0.33	0.23		0.55	0.12	0.14	0.07	0.1	0.09	0.08	0.08	-0.1	-0.07
Total Liab	0.83	-0.93	1.0	0.8	0.89	0.98	0.72	0.7	0.93	0.58	0.83	-0.89	0.78	0.55		0.8	0.74	0.83	0.7	0.6	0.69	0.7	-0.64	-0.59
Net Invested Capital	1.0	-0.9	0.79	1.0	0.96	0.73	0.96	0.76	0.86	0.27	0.97	-0.96	0.77	0.12	0.8		0.92	0.97	0.91	0.77	0.77	0.78	-0.77	-0.49
Total Current Assets	0.92	-0.85	0.74	0.92	0.96	0.63	0.99	0.51	0.79	0.52	0.82	-0.89	0.92	0.14	0.74	0.92		0.82	1.0	0.48	0.48	0.49	-0.51	-0.36
Capital Stock	0.97	-0.86	0.81	0.97	0.91	0.81	0.87	0.85	0.82	0.16	1.0	-0.93	0.7	0.07	0.83	0.97	0.82		0.8	0.84	0.88	0.89	-0.84	-0.61
Net Working Capital	0.91	-0.82	0.7	0.91	0.94	0.58	0.99	0.48	0.76	0.49	0.8	-0.87	0.91	0.1	0.7	0.91	1.0	0.8		0.46	0.45	0.45	-0.49	-0.33
Intangible Assets	0.77	-0.69	0.57	0.77	0.63	0.6	0.56	0.89	0.68	-0.21	0.84	-0.75	0.23	0.09	0.6	0.77	0.48	0.84	0.46		0.97	0.97	-0.94	-0.5
Property Plant And Equipment Net	0.78	-0.7	0.66	0.77	0.66	0.72	0.55	0.93	0.69	-0.16	0.88	-0.76	0.31	0.08	0.69	0.77	0.48	0.88	0.45	0.97		1.0	-0.94	-0.63
Property Plant And Equipment Gross	0.78	-0.71	0.67	0.78	0.66	0.73	0.56	0.93	0.69	-0.16	0.89	-0.77	0.32	0.08	0.7	0.78	0.49	0.89	0.45	0.97	1.0		-0.94	-0.63
Capital Lease Obligations	-0.77	0.74	-0.62	-0.77	-0.66	-0.64	-0.58	-0.98	-0.65	0.16	-0.84	0.81	-0.31	-0.1	-0.64	-0.77	-0.51	-0.84	-0.49	-0.94	-0.94	-0.94		0.74
Non Current Liabilities Other	-0.5	0.56	-0.58	-0.49	-0.49	-0.62	-0.37	-0.84	-0.36	0.0	-0.61	0.6	-0.4	-0.07	-0.59	-0.49	-0.36	-0.61	-0.33	-0.5	-0.63	-0.63	0.74

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C	Citigroup
GM	General Motors
F	Ford Motor

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Balance Sheet is a snapshot of the financial position of Zhejiang Yayi Metal at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Yayi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Yayi 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.

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Zhejiang Property Plant And Equipment Gross vs Retained Earnings Analysis

Property Plant And Equipment Gross vs Retained Earnings

Property Plant And Equipment Gross vs Retained Earnings Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Gross

Retained Earnings

Zhejiang Yayi fundamental ratios Correlations

Zhejiang Yayi Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Zhejiang Stock

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Net Working Capital	+ 1.0	Total Current Assets

Capital Lease Obligations	- 0.98	Non Current Assets Total
Short Term Investments	- 0.97	Retained Earnings
Short Term Investments	- 0.97	Total Assets
Net Invested Capital	- 0.96	Short Term Investments
Short Term Investments	- 0.96	Total Stockholder Equity
Non Currrent Assets Other	- 0.96	Other Current Liab