Caihong Net Receivables vs Retained Earnings Analysis

600707 Stock

6.97 0.02 0.29%

Caihong Display financial indicator trend analysis is way more than just evaluating Caihong Display Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caihong Display Devices is a good investment. Please check the relationship between Caihong Display Net Receivables and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caihong Display Devices. 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.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caihong Display Devices Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Caihong Display's Net Receivables and Retained Earnings is -0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Caihong Display Devices, assuming nothing else is changed. The correlation between historical values of Caihong Display's Net Receivables 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 Net Receivables of Caihong Display Devices 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 Net Receivables i.e., Caihong Display's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

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 Caihong Display's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caihong Display Devices 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 Caihong Display Devices. 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.

As of November 29, 2024, Selling General Administrative is expected to decline to about 174.2 M. The current year's Tax Provision is expected to grow to about (2 M)

	2021	2022	2023	2024 (projected)
EBITDA	6.2B	922.3M	1.1B	1.0B
Interest Income	174.6M	172.4M	164.4M	104.8M

Ebitda Interest Income

Caihong Display 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	Other Liab	Long Term Debt	Net Tangible Assets	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other
Total Assets		0.3	0.94	0.99	-0.32	0.96	0.85	0.42	0.87	-0.69	0.83	0.53	0.99	0.95	0.99	0.96	0.71	0.85	0.98	0.56	0.95	-0.66	0.99	0.16	0.92	-0.42
Other Current Liab	0.3		0.31	0.29	-0.07	0.36	0.42	0.29	0.17	-0.11	0.16	0.53	0.31	0.3	0.22	0.19	0.22	0.3	0.31	-0.05	0.36	-0.13	0.29	0.2	0.28	0.34
Total Current Liabilities	0.94	0.31		0.94	-0.33	0.83	0.9	0.62	0.75	-0.53	0.69	0.46	0.92	0.82	0.94	0.84	0.68	0.64	0.95	0.66	0.98	-0.41	0.89	0.39	0.75	-0.38
Total Stockholder Equity	0.99	0.29	0.94		-0.27	0.95	0.86	0.47	0.86	-0.69	0.82	0.52	0.97	0.94	0.99	0.94	0.66	0.81	0.99	0.55	0.96	-0.63	0.98	0.22	0.89	-0.44
Retained Earnings	-0.32	-0.07	-0.33	-0.27		-0.3	-0.21	-0.16	-0.11	-0.25	-0.01	-0.15	-0.39	-0.23	-0.34	-0.37	-0.69	-0.32	-0.26	-0.15	-0.22	0.11	-0.28	-0.07	-0.27	0.19
Accounts Payable	0.96	0.36	0.83	0.95	-0.3		0.76	0.28	0.85	-0.73	0.85	0.6	0.96	0.98	0.93	0.95	0.69	0.91	0.93	0.38	0.85	-0.73	0.98	0.02	0.96	-0.35
Cash	0.85	0.42	0.9	0.86	-0.21	0.76		0.68	0.57	-0.47	0.6	0.55	0.83	0.71	0.81	0.68	0.66	0.63	0.89	0.61	0.95	-0.32	0.79	0.45	0.66	-0.09
Other Assets	0.42	0.29	0.62	0.47	-0.16	0.28	0.68		0.06	0.09	-0.03	0.52	0.35	0.2	0.44	0.18	0.34	0.0	0.5	0.18	0.64	0.36	0.31	0.95	0.08	0.01
Net Receivables	0.87	0.17	0.75	0.86	-0.11	0.85	0.57	0.06		-0.83	0.89	0.3	0.87	0.92	0.88	0.93	0.48	0.8	0.84	0.55	0.74	-0.83	0.91	-0.18	0.9	-0.6
Short Term Investments	-0.69	-0.11	-0.53	-0.69	-0.25	-0.73	-0.47	0.09	-0.83		-0.81	-0.3	-0.68	-0.83	-0.67	-0.73	-0.17	-0.74	-0.68	-0.4	-0.58	0.8	-0.77	0.31	-0.83	0.32
Inventory	0.83	0.16	0.69	0.82	-0.01	0.85	0.6	-0.03	0.89	-0.81		0.22	0.83	0.88	0.81	0.88	0.49	0.81	0.8	0.57	0.72	-0.84	0.86	-0.27	0.87	-0.46
Other Current Assets	0.53	0.53	0.46	0.52	-0.15	0.6	0.55	0.52	0.3	-0.3	0.22		0.53	0.52	0.46	0.4	0.48	0.55	0.53	-0.16	0.53	-0.15	0.52	0.37	0.5	0.18
Total Liab	0.99	0.31	0.92	0.97	-0.39	0.96	0.83	0.35	0.87	-0.68	0.83	0.53		0.96	0.97	0.96	0.75	0.88	0.96	0.57	0.92	-0.69	0.98	0.08	0.94	-0.39
Intangible Assets	0.95	0.3	0.82	0.94	-0.23	0.98	0.71	0.2	0.92	-0.83	0.88	0.52	0.96		0.93	0.97	0.61	0.91	0.92	0.44	0.83	-0.79	0.99	-0.07	0.98	-0.43
Common Stock	0.99	0.22	0.94	0.99	-0.34	0.93	0.81	0.44	0.88	-0.67	0.81	0.46	0.97	0.93		0.96	0.67	0.78	0.98	0.55	0.93	-0.63	0.97	0.2	0.88	-0.54
Property Plant Equipment	0.96	0.19	0.84	0.94	-0.37	0.95	0.68	0.18	0.93	-0.73	0.88	0.4	0.96	0.97	0.96		0.68	0.88	0.92	0.52	0.82	-0.8	0.97	-0.08	0.95	-0.56
Other Liab	0.71	0.22	0.68	0.66	-0.69	0.69	0.66	0.34	0.48	-0.17	0.49	0.48	0.75	0.61	0.67	0.68		0.7	0.7	0.4	0.64	-0.34	0.67	0.11	0.62	-0.29
Long Term Debt	0.85	0.3	0.64	0.81	-0.32	0.91	0.63	0.0	0.8	-0.74	0.81	0.55	0.88	0.91	0.78	0.88	0.7		0.8	0.36	0.67	-0.85	0.89	-0.27	0.95	-0.27
Net Tangible Assets	0.98	0.31	0.95	0.99	-0.26	0.93	0.89	0.5	0.84	-0.68	0.8	0.53	0.96	0.92	0.98	0.92	0.7	0.8		0.56	0.96	-0.59	0.97	0.25	0.87	-0.45
Short Long Term Debt	0.56	-0.05	0.66	0.55	-0.15	0.38	0.61	0.18	0.55	-0.4	0.57	-0.16	0.57	0.44	0.55	0.52	0.4	0.36	0.56		0.61	-0.34	0.52	-0.02	0.43	-0.29
Total Current Assets	0.95	0.36	0.98	0.96	-0.22	0.85	0.95	0.64	0.74	-0.58	0.72	0.53	0.92	0.83	0.93	0.82	0.64	0.67	0.96	0.61		-0.44	0.9	0.41	0.76	-0.29
Short Term Debt	-0.66	-0.13	-0.41	-0.63	0.11	-0.73	-0.32	0.36	-0.83	0.8	-0.84	-0.15	-0.69	-0.79	-0.63	-0.8	-0.34	-0.85	-0.59	-0.34	-0.44		-0.74	0.55	-0.84	0.43
Non Current Assets Total	0.99	0.29	0.89	0.98	-0.28	0.98	0.79	0.31	0.91	-0.77	0.86	0.52	0.98	0.99	0.97	0.97	0.67	0.89	0.97	0.52	0.9	-0.74		0.04	0.96	-0.45
Non Currrent Assets Other	0.16	0.2	0.39	0.22	-0.07	0.02	0.45	0.95	-0.18	0.31	-0.27	0.37	0.08	-0.07	0.2	-0.08	0.11	-0.27	0.25	-0.02	0.41	0.55	0.04		-0.2	0.08
Non Current Liabilities Total	0.92	0.28	0.75	0.89	-0.27	0.96	0.66	0.08	0.9	-0.83	0.87	0.5	0.94	0.98	0.88	0.95	0.62	0.95	0.87	0.43	0.76	-0.84	0.96	-0.2		-0.37
Non Current Liabilities Other	-0.42	0.34	-0.38	-0.44	0.19	-0.35	-0.09	0.01	-0.6	0.32	-0.46	0.18	-0.39	-0.43	-0.54	-0.56	-0.29	-0.27	-0.45	-0.29	-0.29	0.43	-0.45	0.08	-0.37

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Caihong Display Account Relationship Matchups

Caihong Display fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	41.8B	41.1B	43.1B	40.8B	38.9B	40.9B
Other Current Liab	782.6M	994.7M	912.2M	120.6M	2.5M	2.4M
Total Current Liabilities	8.9B	10.4B	11.3B	10.7B	9.7B	10.2B
Total Stockholder Equity	20.5B	19.7B	22.3B	19.6B	20.3B	21.3B
Retained Earnings	(3.6B)	(4.4B)	(1.7B)	(4.4B)	(4.0B)	(3.8B)
Accounts Payable	4.6B	4.2B	4.3B	3.6B	3.7B	3.8B
Cash	5.7B	6.9B	9.4B	8.8B	4.8B	2.8B
Other Assets	1.2B	1.0B	932.2M	628.7M	723.0M	664.9M
Net Receivables	2.1B	2.0B	2.1B	1.4B	2.2B	2.3B
Inventory	756.2M	566.0M	1.4B	876.7M	889.8M	934.3M
Other Current Assets	1.1B	768.9M	374.6M	127.2M	117.0M	111.2M
Total Liab	21.1B	21.3B	20.7B	21.0B	18.5B	19.4B
Intangible Assets	2.2B	2.1B	1.9B	1.7B	1.8B	1.9B
Property Plant Equipment	28.5B	27.3B	26.5B	26.7B	30.7B	32.2B
Other Liab	609.7M	610.0M	579.0M	597.5M	687.1M	378.8M
Long Term Debt	11.5B	10.3B	8.8B	9.6B	8.2B	5.8B
Net Tangible Assets	18.2B	17.5B	20.3B	17.8B	20.5B	15.7B
Short Long Term Debt	1.3B	1.9B	3.1B	3.8B	2.2B	2.0B
Total Current Assets	9.6B	10.4B	13.5B	11.5B	8.9B	9.7B
Non Current Assets Total	32.1B	30.7B	29.7B	29.3B	30.0B	28.9B
Non Currrent Assets Other	651.2M	607.1M	501.6M	150.1M	538.9M	976.0M
Non Current Liabilities Total	12.1B	10.9B	9.4B	10.2B	8.8B	9.3B
Non Current Liabilities Other	213.4M	215.8M	213.3M	217.7M	120.4M	163.6M
Net Invested Capital	33.3B	31.9B	34.2B	33.0B	30.7B	34.5B
Net Working Capital	709.8M	17.4M	2.1B	732.2M	(802.6M)	(762.5M)
Net Debt	7.1B	5.3B	2.5B	4.6B	5.7B	4.1B

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

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Caihong Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

Caihong Display fundamental ratios Correlations

Caihong Display Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Caihong Display fundamental ratios Accounts

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Other Information on Investing in Caihong Stock

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Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Common Stock	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity

Short Term Debt	- 0.85	Long Term Debt
Non Current Liabilities Total	- 0.84	Short Term Debt
Short Term Debt	- 0.84	Inventory
Non Current Liabilities Total	- 0.83	Short Term Investments
Intangible Assets	- 0.83	Short Term Investments
Short Term Debt	- 0.83	Net Receivables