Zhangjiagang Total Stockholder Equity vs Long Term Investments Analysis

600794 Stock   3.83  0.04  1.06%   
Zhangjiagang Freetrade financial indicator trend analysis is more than just analyzing Zhangjiagang Freetrade current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhangjiagang Freetrade is a good investment. Please check the relationship between Zhangjiagang Freetrade Total Stockholder Equity and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhangjiagang Freetrade Science. 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 Stockholder Equity vs Long Term Investments

Total Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhangjiagang Freetrade Total Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhangjiagang Freetrade's Total Stockholder Equity and Long Term Investments is -0.71. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Zhangjiagang Freetrade Science, assuming nothing else is changed. The correlation between historical values of Zhangjiagang Freetrade's Total Stockholder Equity and Long Term Investments 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 Zhangjiagang Freetrade Science are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Stockholder Equity i.e., Zhangjiagang Freetrade's Total Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Long Term Investments

Long Term Investments is an item on the asset side of Zhangjiagang Freetrade balance sheet that represents investments Zhangjiagang Freetrade intends to hold for over a year. Zhangjiagang Freetrade Science long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Zhangjiagang Freetrade's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhangjiagang Freetrade 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 Zhangjiagang Freetrade Science. 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.
The current year's Selling General Administrative is expected to grow to about 39.3 M, whereas Discontinued Operations is forecasted to decline to about 127.7 K.
 2021 2022 2023 2024 (projected)
Operating Income126.2M233.8M326.9M343.3M
Total Revenue1.9B1.3B1.5B754.0M

Zhangjiagang Freetrade fundamental ratios Correlations

-0.250.290.770.60.280.680.460.54-0.140.330.280.560.720.940.740.57-0.370.60.42-0.47-0.44-0.510.56-0.210.16
-0.250.68-0.59-0.37-0.330.2-0.53-0.080.8-0.55-0.460.54-0.71-0.25-0.69-0.450.39-0.6-0.360.50.640.64-0.530.55-0.12
0.290.68-0.060.140.10.350.03-0.050.51-0.36-0.210.79-0.20.21-0.32-0.13-0.2-0.190.120.140.110.180.060.3-0.18
0.77-0.59-0.060.870.630.470.80.33-0.540.450.470.130.930.70.750.5-0.590.760.6-0.63-0.73-0.710.74-0.650.16
0.6-0.370.140.870.790.480.890.11-0.530.310.310.160.710.430.370.17-0.80.730.82-0.5-0.67-0.610.82-0.620.14
0.28-0.330.10.630.790.070.770.06-0.420.080.220.10.510.170.130.22-0.730.440.7-0.21-0.44-0.270.61-0.31-0.07
0.680.20.350.470.480.070.170.40.090.19-0.150.540.240.540.380.15-0.130.370.26-0.04-0.06-0.140.27-0.090.3
0.46-0.530.030.80.890.770.17-0.07-0.70.320.48-0.040.730.280.330.16-0.890.680.84-0.58-0.82-0.740.92-0.690.06
0.54-0.08-0.050.330.110.060.4-0.070.240.00.070.570.360.640.460.670.240.23-0.2-0.030.260.17-0.040.220.1
-0.140.80.51-0.54-0.53-0.420.09-0.70.24-0.63-0.290.59-0.580.01-0.38-0.170.61-0.72-0.680.530.680.67-0.750.64-0.24
0.33-0.55-0.360.450.310.080.190.320.0-0.630.38-0.310.50.250.520.2-0.090.430.36-0.54-0.48-0.580.53-0.490.78
0.28-0.46-0.210.470.310.22-0.150.480.07-0.290.38-0.140.540.280.390.03-0.220.090.23-0.66-0.64-0.70.46-0.60.33
0.560.540.790.130.160.10.54-0.040.570.59-0.31-0.140.040.570.010.30.01-0.04-0.040.110.270.26-0.010.4-0.1
0.72-0.71-0.20.930.710.510.240.730.36-0.580.50.540.040.730.790.64-0.470.760.47-0.68-0.74-0.740.68-0.640.15
0.94-0.250.210.70.430.170.540.280.640.010.250.280.570.730.760.66-0.140.480.17-0.42-0.34-0.410.32-0.150.08
0.74-0.69-0.320.750.370.130.380.330.46-0.380.520.390.010.790.760.66-0.140.540.16-0.52-0.5-0.570.39-0.360.16
0.57-0.45-0.130.50.170.220.150.160.67-0.170.20.030.30.640.660.66-0.010.48-0.04-0.18-0.07-0.060.180.07-0.05
-0.370.39-0.2-0.59-0.8-0.73-0.13-0.890.240.61-0.09-0.220.01-0.47-0.14-0.14-0.01-0.61-0.910.360.690.58-0.840.440.16
0.6-0.6-0.190.760.730.440.370.680.23-0.720.430.09-0.040.760.480.540.48-0.610.67-0.51-0.54-0.570.73-0.50.12
0.42-0.360.120.60.820.70.260.84-0.2-0.680.360.23-0.040.470.170.16-0.04-0.910.67-0.44-0.65-0.610.88-0.430.14
-0.470.50.14-0.63-0.5-0.21-0.04-0.58-0.030.53-0.54-0.660.11-0.68-0.42-0.52-0.180.36-0.51-0.440.640.75-0.640.62-0.16
-0.440.640.11-0.73-0.67-0.44-0.06-0.820.260.68-0.48-0.640.27-0.74-0.34-0.5-0.070.69-0.54-0.650.640.96-0.770.84-0.17
-0.510.640.18-0.71-0.61-0.27-0.14-0.740.170.67-0.58-0.70.26-0.74-0.41-0.57-0.060.58-0.57-0.610.750.96-0.760.82-0.29
0.56-0.530.060.740.820.610.270.92-0.04-0.750.530.46-0.010.680.320.390.18-0.840.730.88-0.64-0.77-0.76-0.60.29
-0.210.550.3-0.65-0.62-0.31-0.09-0.690.220.64-0.49-0.60.4-0.64-0.15-0.360.070.44-0.5-0.430.620.840.82-0.6-0.32
0.16-0.12-0.180.160.14-0.070.30.060.1-0.240.780.33-0.10.150.080.16-0.050.160.120.14-0.16-0.17-0.290.29-0.32
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Zhangjiagang Freetrade Account Relationship Matchups

Zhangjiagang Freetrade fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.4B3.3B3.7B4.0B2.1B
Other Current Liab81.5M117.5M96.6M28.3M26.4M25.1M
Total Current Liabilities569.1M511.1M316.7M1.1B997.2M552.6M
Total Stockholder Equity2.0B2.2B2.2B2.3B2.5B2.7B
Retained Earnings470.7M683.4M765.9M892.9M979.2M1.0B
Accounts Payable18.9M79.4M55.7M145.9M335.2M352.0M
Cash478.7M810.7M823.7M723.8M552.1M405.4M
Other Assets62.9M129.6M179.7M248.3M285.6M299.8M
Long Term Debt630.4K397.3M398.4M179.1M205.9M257.9M
Net Receivables254.1M64.5M3.4M8.4M10.9M10.4M
Inventory160.7M315.4M80.4M96.9M133.0M79.2M
Other Current Assets65.1M212.4M76.5M63.9M166.6M174.9M
Total Liab584.2M925.2M795.5M1.1B1.2B808.7M
Property Plant Equipment1.1B1.0B971.9M964.4M1.1B678.1M
Intangible Assets232.5M206.8M200.7M189.6M185.9M108.6M
Other Liab14.4M16.4M12.3M19.7M22.7M19.5M
Short Term Investments243.6M317.3M542.5M540.4M375.5M323.3M
Net Tangible Assets1.7B1.9B2.0B2.1B2.4B2.0B
Other Stockholder Equity671.1K2.8M4.6M2.3M2.1M3.3M
Deferred Long Term Liab7.2M8.3M8.2M6.9M6.2M7.3M
Total Current Assets1.2B1.8B1.6B2.1B2.1B1.7B
Non Current Assets Total1.6B1.6B1.7B1.7B1.9B1.4B
Non Currrent Assets Other305.4K973.5M1.2M3.4M2.6M2.5M
Non Current Liabilities Total15.1M414.1M478.8M72.0M224.9M287.5M
Short Long Term Debt39.1M200.2M70.0M146.1M234.6M138.8M
Net Invested Capital2.0B2.8B2.7B2.5B3.0B2.8B
Net Working Capital633.1M1.3B1.3B983.2M1.1B1.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Zhangjiagang Stock

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