Shanghai Total Stockholder Equity vs Retained Earnings Analysis

600616 Stock

6.61 0.60 9.98%

Shanghai Jinfeng financial indicator trend analysis is much more than just breaking down Shanghai Jinfeng Wine prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Jinfeng Wine is a good investment. Please check the relationship between Shanghai Jinfeng Total Stockholder Equity and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Jinfeng Wine. 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 Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Jinfeng Wine Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shanghai Jinfeng's Total Stockholder Equity and Retained Earnings is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Shanghai Jinfeng Wine, assuming nothing else is changed. The correlation between historical values of Shanghai Jinfeng's Total Stockholder Equity 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 Total Stockholder Equity of Shanghai Jinfeng Wine 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 Total Stockholder Equity i.e., Shanghai Jinfeng's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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 Shanghai Jinfeng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Jinfeng Wine 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 Shanghai Jinfeng Wine. 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 Selling General Administrative is expected to grow to about 237.7 M. The current year's Tax Provision is expected to grow to about 41.1 M

	2021	2022	2023	2024 (projected)
Gross Profit	276.7M	279.8M	234.2M	303.0M
Research Development	3.0M	4.0M	5.9M	6.2M

Gross Profit Research Development

Shanghai Jinfeng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		-0.05	0.38	0.97	0.92	0.16	0.41	0.31	0.66	0.48	0.93	0.11	0.69	0.79	0.79	0.85	-0.77	0.79	0.57	0.4	-0.36	0.14	-0.45	-0.32	-0.41	-0.43
Other Current Liab	-0.05		-0.27	0.05	0.23	0.27	-0.47	-0.35	0.32	0.27	0.15	0.15	-0.27	-0.09	-0.05	-0.03	0.17	-0.16	-0.3	-0.43	0.06	-0.5	0.11	-0.33	0.3	0.07
Total Current Liabilities	0.38	-0.27		0.19	0.25	0.37	0.47	-0.06	0.31	0.02	0.4	-0.05	0.9	0.19	0.03	0.38	-0.42	0.21	0.45	0.11	0.01	-0.08	0.08	0.2	-0.03	0.02
Total Stockholder Equity	0.97	0.05	0.19		0.94	0.15	0.29	0.26	0.67	0.51	0.9	0.14	0.53	0.8	0.84	0.81	-0.7	0.77	0.51	0.35	-0.34	0.15	-0.45	-0.4	-0.37	-0.41
Retained Earnings	0.92	0.23	0.25	0.94		0.37	0.26	0.05	0.66	0.61	0.96	0.1	0.52	0.63	0.78	0.86	-0.74	0.63	0.46	0.21	-0.2	0.04	-0.28	-0.4	-0.2	-0.24
Accounts Payable	0.16	0.27	0.37	0.15	0.37		-0.15	-0.72	0.39	0.19	0.29	0.01	0.29	0.01	-0.05	0.45	-0.17	-0.03	0.31	-0.41	0.5	-0.14	0.53	-0.33	0.56	0.54
Cash	0.41	-0.47	0.47	0.29	0.26	-0.15		0.55	-0.16	-0.04	0.39	-0.24	0.46	0.01	0.46	0.33	-0.68	0.15	-0.01	0.7	-0.38	0.41	-0.35	0.6	-0.54	-0.35
Other Assets	0.31	-0.35	-0.06	0.26	0.05	-0.72	0.55		-0.16	-0.06	0.15	-0.01	0.14	0.24	0.48	0.13	-0.39	0.42	-0.13	0.81	-0.8	0.44	-0.83	0.3	-0.9	-0.84
Net Receivables	0.66	0.32	0.31	0.67	0.66	0.39	-0.16	-0.16		0.21	0.61	0.35	0.47	0.71	0.25	0.58	-0.26	0.63	0.52	-0.03	-0.04	-0.48	-0.13	-0.51	0.02	-0.13
Short Term Investments	0.48	0.27	0.02	0.51	0.61	0.19	-0.04	-0.06	0.21		0.65	0.19	0.21	0.18	0.52	0.43	-0.58	0.11	0.0	-0.17	-0.06	0.08	-0.16	-0.27	-0.08	-0.17
Inventory	0.93	0.15	0.4	0.9	0.96	0.29	0.39	0.15	0.61	0.65		0.13	0.65	0.59	0.74	0.83	-0.82	0.62	0.43	0.25	-0.25	0.0	-0.33	-0.3	-0.29	-0.32
Other Current Assets	0.11	0.15	-0.05	0.14	0.1	0.01	-0.24	-0.01	0.35	0.19	0.13		0.0	0.23	-0.04	0.14	0.02	0.29	0.02	-0.01	0.27	-0.33	-0.21	-0.34	-0.06	-0.23
Total Liab	0.69	-0.27	0.9	0.53	0.52	0.29	0.46	0.14	0.47	0.21	0.65	0.0		0.52	0.35	0.65	-0.59	0.56	0.64	0.28	-0.21	0.06	-0.19	-0.07	-0.26	-0.22
Intangible Assets	0.79	-0.09	0.19	0.8	0.63	0.01	0.01	0.24	0.71	0.18	0.59	0.23	0.52		0.53	0.63	-0.31	0.88	0.73	0.27	-0.28	0.01	-0.41	-0.56	-0.31	-0.37
Common Stock	0.79	-0.05	0.03	0.84	0.78	-0.05	0.46	0.48	0.25	0.52	0.74	-0.04	0.35	0.53		0.73	-0.79	0.57	0.16	0.58	-0.58	0.51	-0.65	-0.09	-0.62	-0.59
Property Plant Equipment	0.85	-0.03	0.38	0.81	0.86	0.45	0.33	0.13	0.58	0.43	0.83	0.14	0.65	0.63	0.73		-0.79	0.74	0.53	0.43	-0.27	0.17	-0.4	-0.37	-0.37	-0.36
Long Term Debt	-0.77	0.17	-0.42	-0.7	-0.74	-0.17	-0.68	-0.39	-0.26	-0.58	-0.82	0.02	-0.59	-0.31	-0.79	-0.79		-0.44	-0.15	-0.55	0.45	-0.32	0.5	-0.11	0.56	0.48
Other Liab	0.79	-0.16	0.21	0.77	0.63	-0.03	0.15	0.42	0.63	0.11	0.62	0.29	0.56	0.88	0.57	0.74	-0.44		0.68	0.52	-0.4	0.07	-0.59	-0.53	-0.52	-0.55
Good Will	0.57	-0.3	0.45	0.51	0.46	0.31	-0.01	-0.13	0.52	0.0	0.43	0.02	0.64	0.73	0.16	0.53	-0.15	0.68		0.0	0.17	-0.01	0.11	-0.54	0.12	0.15
Net Tangible Assets	0.4	-0.43	0.11	0.35	0.21	-0.41	0.7	0.81	-0.03	-0.17	0.25	-0.01	0.28	0.27	0.58	0.43	-0.55	0.52	0.0		-0.71	0.42	-0.82	0.31	-0.9	-0.77
Other Stockholder Equity	-0.36	0.06	0.01	-0.34	-0.2	0.5	-0.38	-0.8	-0.04	-0.06	-0.25	0.27	-0.21	-0.28	-0.58	-0.27	0.45	-0.4	0.17	-0.71		-0.32	0.85	-0.19	0.87	0.86
Deferred Long Term Liab	0.14	-0.5	-0.08	0.15	0.04	-0.14	0.41	0.44	-0.48	0.08	0.0	-0.33	0.06	0.01	0.51	0.17	-0.32	0.07	-0.01	0.42	-0.32		-0.26	0.23	-0.38	-0.21
Long Term Investments	-0.45	0.11	0.08	-0.45	-0.28	0.53	-0.35	-0.83	-0.13	-0.16	-0.33	-0.21	-0.19	-0.41	-0.65	-0.4	0.5	-0.59	0.11	-0.82	0.85	-0.26		-0.05	0.96	0.99
Total Current Assets	-0.32	-0.33	0.2	-0.4	-0.4	-0.33	0.6	0.3	-0.51	-0.27	-0.3	-0.34	-0.07	-0.56	-0.09	-0.37	-0.11	-0.53	-0.54	0.31	-0.19	0.23	-0.05		-0.22	-0.06
Non Current Assets Total	-0.41	0.3	-0.03	-0.37	-0.2	0.56	-0.54	-0.9	0.02	-0.08	-0.29	-0.06	-0.26	-0.31	-0.62	-0.37	0.56	-0.52	0.12	-0.9	0.87	-0.38	0.96	-0.22		0.95
Non Currrent Assets Other	-0.43	0.07	0.02	-0.41	-0.24	0.54	-0.35	-0.84	-0.13	-0.17	-0.32	-0.23	-0.22	-0.37	-0.59	-0.36	0.48	-0.55	0.15	-0.77	0.86	-0.21	0.99	-0.06	0.95

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Shanghai Jinfeng Account Relationship Matchups

Shanghai Jinfeng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.3B	2.3B	2.3B	2.3B	2.1B
Other Current Liab	130.4M	112.6M	113.1M	5.3M	2.9M	2.7M
Total Current Liabilities	332.7M	254.0M	242.0M	284.0M	281.9M	444.7M
Total Stockholder Equity	2.0B	2.0B	1.9B	1.9B	2.0B	1.4B
Retained Earnings	918.5M	915.3M	882.4M	794.7M	879.1M	625.7M
Accounts Payable	123.9M	78.4M	83.5M	85.0M	87.5M	83.1M
Cash	307.9M	408.6M	323.1M	370.9M	785.4M	824.7M
Other Assets	33.0M	36.8M	39.9M	47.7M	54.8M	57.6M
Net Receivables	186.7M	109.7M	91.5M	98.5M	89.2M	84.7M
Short Term Investments	200.9M	251.1M	373.2M	401.8M	161.1M	191.6M
Inventory	744.1M	753.9M	734.5M	703.5M	673.1M	706.6M
Other Current Assets	6.3M	5.4M	5.9M	235.9K	10.6M	10.1M
Total Liab	393.3M	319.0M	358.7M	365.9M	344.1M	479.8M
Intangible Assets	102.1M	104.1M	97.3M	83.2M	77.0M	60.4M
Property Plant Equipment	572.8M	556.1M	522.8M	527.4M	606.5M	522.2M
Other Liab	66.3M	60.5M	53.2M	47.8M	54.9M	45.5M
Net Tangible Assets	1.8B	1.8B	1.8B	1.8B	2.0B	1.9B
Other Stockholder Equity	675.0	(4.2M)	(3.4M)	(3.5M)	(3.1M)	(3.0M)
Deferred Long Term Liab	1.8M	1.3M	2.5M	4.6M	5.3M	3.0M
Total Current Assets	1.6B	1.6B	1.6B	1.6B	1.7B	1.7B
Non Current Assets Total	743.3M	715.3M	720.7M	665.4M	587.3M	611.3M
Non Currrent Assets Other	2.2M	2.6M	1.5M	859.1K	2.3M	2.2M
Non Current Liabilities Total	60.5M	65.0M	116.8M	81.9M	62.2M	85.0M
Net Invested Capital	2.0B	2.0B	2.0B	1.9B	2.0B	1.6B
Net Working Capital	1.3B	1.3B	1.3B	1.3B	1.5B	1.4B

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

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Shanghai Total Stockholder Equity vs Retained Earnings Analysis

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Retained Earnings

Shanghai Jinfeng fundamental ratios Correlations

Shanghai Jinfeng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Jinfeng fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Currrent Assets Other	+ 0.99	Long Term Investments
Total Stockholder Equity	+ 0.97	Total Assets
Inventory	+ 0.96	Retained Earnings
Non Current Assets Total	+ 0.96	Long Term Investments
Non Currrent Assets Other	+ 0.95	Non Current Assets Total
Retained Earnings	+ 0.94	Total Stockholder Equity

Non Current Assets Total	- 0.9	Net Tangible Assets
Non Current Assets Total	- 0.9	Other Assets
Non Currrent Assets Other	- 0.84	Other Assets
Long Term Investments	- 0.83	Other Assets
Long Term Investments	- 0.82	Net Tangible Assets
Long Term Debt	- 0.82	Inventory