Shanghai Retained Earnings vs Other Stockholder Equity Analysis

600895 Stock   28.47  0.38  1.35%   
Shanghai Zhangjiang financial indicator trend analysis is much more than just breaking down Shanghai Zhangjiang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Zhangjiang is a good investment. Please check the relationship between Shanghai Zhangjiang Retained Earnings and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Zhangjiang Hi Tech. 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.

Retained Earnings vs Other Stockholder Equity

Retained Earnings vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Zhangjiang Retained Earnings account and Other Stockholder Equity. At this time, the significance of the direction appears to have pay attention.
The correlation between Shanghai Zhangjiang's Retained Earnings and Other Stockholder Equity is -0.87. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Shanghai Zhangjiang Hi Tech, assuming nothing else is changed. The correlation between historical values of Shanghai Zhangjiang's Retained Earnings and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shanghai Zhangjiang Hi Tech are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Retained Earnings i.e., Shanghai Zhangjiang's Retained Earnings and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Other Stockholder Equity

Most indicators from Shanghai Zhangjiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Zhangjiang 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 Zhangjiang Hi Tech. 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 57 M, whereas Tax Provision is forecasted to decline to about 277.6 M.
 2021 2022 2023 2024 (projected)
Operating Income1.3B775.8M957.4M611.9M
Total Revenue2.1B1.9B2.0B1.7B

Shanghai Zhangjiang fundamental ratios Correlations

0.710.680.940.870.650.980.970.950.990.180.52-0.35-0.68-0.090.510.780.88-0.80.7-0.870.760.720.440.830.89
0.710.420.80.370.850.720.60.590.64-0.240.78-0.31-0.750.060.430.60.77-0.730.23-0.610.780.710.630.650.66
0.680.420.530.610.380.680.620.630.70.50.470.22-0.560.370.420.610.5-0.320.42-0.610.320.160.180.510.47
0.940.80.530.70.670.960.880.850.9-0.110.51-0.53-0.63-0.090.60.690.9-0.910.58-0.870.890.840.610.770.94
0.870.370.610.70.40.820.920.890.920.420.28-0.24-0.51-0.250.20.730.71-0.560.86-0.660.480.550.030.760.67
0.650.850.380.670.40.650.570.50.620.040.72-0.22-0.71-0.040.370.540.64-0.630.27-0.460.610.590.490.510.48
0.980.720.680.960.820.650.950.880.970.140.47-0.39-0.61-0.010.610.790.9-0.840.66-0.890.80.720.50.80.89
0.970.60.620.880.920.570.950.930.980.210.4-0.4-0.59-0.220.480.730.85-0.760.81-0.810.690.710.320.810.84
0.950.590.630.850.890.50.880.930.950.230.46-0.3-0.65-0.210.340.720.8-0.670.73-0.810.640.670.340.850.87
0.990.640.70.90.920.620.970.980.950.290.47-0.31-0.65-0.10.470.80.86-0.750.75-0.840.70.670.350.820.84
0.18-0.240.5-0.110.420.040.140.210.230.29-0.10.440.00.15-0.040.40.030.230.19-0.15-0.25-0.36-0.20.19-0.06
0.520.780.470.510.280.720.470.40.460.47-0.10.18-0.960.220.10.220.33-0.330.19-0.220.340.370.180.290.29
-0.35-0.310.22-0.53-0.24-0.22-0.39-0.4-0.3-0.310.440.18-0.110.6-0.27-0.26-0.580.78-0.280.4-0.73-0.81-0.5-0.39-0.61
-0.68-0.75-0.56-0.63-0.51-0.71-0.61-0.59-0.65-0.650.0-0.96-0.11-0.13-0.12-0.33-0.440.42-0.430.34-0.4-0.47-0.12-0.41-0.42
-0.090.060.37-0.09-0.25-0.04-0.01-0.22-0.21-0.10.150.220.6-0.130.220.01-0.160.23-0.32-0.04-0.08-0.460.0-0.21-0.16
0.510.430.420.60.20.370.610.480.340.47-0.040.1-0.27-0.120.220.420.54-0.530.19-0.730.520.320.650.360.59
0.780.60.610.690.730.540.790.730.720.80.40.22-0.26-0.330.010.420.88-0.60.46-0.820.670.50.460.90.72
0.880.770.50.90.710.640.90.850.80.860.030.33-0.58-0.44-0.160.540.88-0.860.58-0.880.90.820.590.930.9
-0.8-0.73-0.32-0.91-0.56-0.63-0.84-0.76-0.67-0.750.23-0.330.780.420.23-0.53-0.6-0.86-0.450.74-0.96-0.92-0.65-0.65-0.86
0.70.230.420.580.860.270.660.810.730.750.190.19-0.28-0.43-0.320.190.460.58-0.45-0.480.370.54-0.20.590.53
-0.87-0.61-0.61-0.87-0.66-0.46-0.89-0.81-0.81-0.84-0.15-0.220.40.34-0.04-0.73-0.82-0.880.74-0.48-0.77-0.59-0.68-0.84-0.94
0.760.780.320.890.480.610.80.690.640.7-0.250.34-0.73-0.4-0.080.520.670.9-0.960.37-0.770.880.70.710.88
0.720.710.160.840.550.590.720.710.670.67-0.360.37-0.81-0.47-0.460.320.50.82-0.920.54-0.590.880.490.670.8
0.440.630.180.610.030.490.50.320.340.35-0.20.18-0.5-0.120.00.650.460.59-0.65-0.2-0.680.70.490.450.67
0.830.650.510.770.760.510.80.810.850.820.190.29-0.39-0.41-0.210.360.90.93-0.650.59-0.840.710.670.450.84
0.890.660.470.940.670.480.890.840.870.84-0.060.29-0.61-0.42-0.160.590.720.9-0.860.53-0.940.880.80.670.84
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Shanghai Zhangjiang Account Relationship Matchups

Shanghai Zhangjiang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.6B32.8B37.3B42.7B51.0B53.6B
Total Stockholder Equity9.3B10.8B10.9B11.7B12.4B6.9B
Other Liab490.7M593.4M1.4B1.5B1.8B1.9B
Retained Earnings5.1B6.7B6.9B6.8B7.5B7.8B
Accounts Payable251.9M575.7M1.2B2.4B4.8B5.1B
Cash1.6B2.3B2.4B3.5B2.9B1.9B
Other Assets6.0B6.3B11.8B14.0B16.1B16.9B
Long Term Debt5.7B6.4B12.4B11.7B17.4B18.3B
Inventory11.4B7.8B9.1B11.9B17.2B18.0B
Total Liab12.5B18.3B22.7B27.4B35.0B36.7B
Intangible Assets926.6K4.6M4.2M16.0M12.2M14.3M
Property Plant Equipment76.3M71.4M66.9M70.1M80.6M79.0M
Short Term Investments24.1M1.3B651.3M111.0M127.7M121.3M
Other Current Liab2.1B2.8B4.1B2.9B2.1B2.6B
Total Current Liabilities6.2B10.5B8.8B14.1B15.8B9.4B
Net Tangible Assets9.3B10.8B10.9B11.6B13.4B10.4B
Net Receivables579.0M43.1M46.8M56.7M88.7M84.3M
Other Current Assets6.4M10.6M364.1M10.8M1.3B1.4B
Other Stockholder Equity403.0M24.3M(112.4M)(207.2M)(186.5M)(177.2M)
Deferred Long Term Liab15.4M19.8M40.1M30.2M34.7M23.2M
Short Long Term Debt2.7B2.7B2.8B3.9B733M696.4M
Total Current Assets13.7B11.8B12.9B15.9B21.7B13.4B
Non Current Assets Total12.0B21.0B24.4B26.9B29.3B20.1B
Non Currrent Assets Other20.0M59.6M63.9M131.6M263.0M276.2M
Non Current Liabilities Total6.3B7.8B14.0B13.3B19.2B10.6B
Non Current Liabilities Other136.3M326.1M496.7M544.9M612.4M324.1M
Net Debt6.7B6.8B12.8B12.1B15.3B9.5B
Net Invested Capital17.7B19.9B26.2B27.3B30.6B23.6B
Net Working Capital7.4B1.3B4.1B1.8B6.0B4.1B

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Other Information on Investing in Shanghai Stock

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