Zhejiang Total Cash From Operating Activities vs Non Current Assets Total Analysis

301113 Stock   26.99  0.13  0.48%   
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 Total Cash From Operating Activities and its Non Current Assets Total 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.

Total Cash From Operating Activities vs Non Current Assets Total

Total Cash From Operating Activities vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Yayi Metal Total Cash From Operating Activities account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zhejiang Yayi's Total Cash From Operating Activities and Non Current Assets Total is 0.16. Overlapping area represents the amount of variation of Total Cash From Operating Activities that can explain the historical movement of Non Current Assets Total 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 Total Cash From Operating Activities and Non Current Assets Total 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 Cash From Operating Activities of Zhejiang Yayi Metal are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Cash From Operating Activities i.e., Zhejiang Yayi's Total Cash From Operating Activities and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Cash From Operating Activities

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Income457.2K16.6M11.4M6.5M
Tax Provision24.5M13.7M7.0M12.3M

Zhejiang Yayi fundamental ratios Correlations

-0.910.811.00.970.760.950.760.880.30.97-0.970.780.150.831.00.920.970.910.770.780.78-0.77-0.5
-0.91-0.93-0.9-0.95-0.86-0.85-0.75-0.96-0.53-0.860.98-0.77-0.51-0.93-0.9-0.85-0.86-0.82-0.69-0.7-0.710.740.56
0.81-0.930.790.890.980.720.670.930.620.81-0.880.790.571.00.790.740.810.70.570.660.67-0.62-0.58
1.0-0.90.790.960.730.960.760.860.270.97-0.960.770.120.81.00.920.970.910.770.770.78-0.77-0.49
0.97-0.950.890.960.810.960.670.920.510.91-0.970.890.30.890.960.960.910.940.630.660.66-0.66-0.49
0.76-0.860.980.730.810.620.710.870.510.81-0.820.710.520.980.730.630.810.580.60.720.73-0.64-0.62
0.95-0.850.720.960.960.620.570.790.410.87-0.90.870.080.720.960.990.870.990.560.550.56-0.58-0.37
0.76-0.750.670.760.670.710.570.64-0.110.85-0.810.370.110.70.760.510.850.480.890.930.93-0.98-0.84
0.88-0.960.930.860.920.870.790.640.570.82-0.920.720.590.930.860.790.820.760.680.690.69-0.65-0.36
0.3-0.530.620.270.510.510.41-0.110.570.16-0.40.70.720.580.270.520.160.49-0.21-0.16-0.160.160.0
0.97-0.860.810.970.910.810.870.850.820.16-0.930.70.070.830.970.821.00.80.840.880.89-0.84-0.61
-0.970.98-0.88-0.96-0.97-0.82-0.9-0.81-0.92-0.4-0.93-0.78-0.33-0.89-0.96-0.89-0.93-0.87-0.75-0.76-0.770.810.6
0.78-0.770.790.770.890.710.870.370.720.70.7-0.780.230.780.770.920.70.910.230.310.32-0.31-0.4
0.15-0.510.570.120.30.520.080.110.590.720.07-0.330.230.550.120.140.070.10.090.080.08-0.1-0.07
0.83-0.931.00.80.890.980.720.70.930.580.83-0.890.780.550.80.740.830.70.60.690.7-0.64-0.59
1.0-0.90.791.00.960.730.960.760.860.270.97-0.960.770.120.80.920.970.910.770.770.78-0.77-0.49
0.92-0.850.740.920.960.630.990.510.790.520.82-0.890.920.140.740.920.821.00.480.480.49-0.51-0.36
0.97-0.860.810.970.910.810.870.850.820.161.0-0.930.70.070.830.970.820.80.840.880.89-0.84-0.61
0.91-0.820.70.910.940.580.990.480.760.490.8-0.870.910.10.70.911.00.80.460.450.45-0.49-0.33
0.77-0.690.570.770.630.60.560.890.68-0.210.84-0.750.230.090.60.770.480.840.460.970.97-0.94-0.5
0.78-0.70.660.770.660.720.550.930.69-0.160.88-0.760.310.080.690.770.480.880.450.971.0-0.94-0.63
0.78-0.710.670.780.660.730.560.930.69-0.160.89-0.770.320.080.70.780.490.890.450.971.0-0.94-0.63
-0.770.74-0.62-0.77-0.66-0.64-0.58-0.98-0.650.16-0.840.81-0.31-0.1-0.64-0.77-0.51-0.84-0.49-0.94-0.94-0.940.74
-0.50.56-0.58-0.49-0.49-0.62-0.37-0.84-0.360.0-0.610.6-0.4-0.07-0.59-0.49-0.36-0.61-0.33-0.5-0.63-0.630.74
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Zhejiang Yayi Account Relationship Matchups

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Other Information on Investing in Zhejiang Stock

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.