Zhangjiagang Common Stock Shares Outstanding vs Total Liab Analysis

603221 Stock   10.35  0.67  6.08%   
Zhangjiagang Elegant financial indicator trend analysis is more than just analyzing Zhangjiagang Elegant Home current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhangjiagang Elegant Home is a good investment. Please check the relationship between Zhangjiagang Elegant Common Stock Shares Outstanding and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhangjiagang Elegant Home. 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.

Common Stock Shares Outstanding vs Total Liab

Common Stock Shares Outstanding vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhangjiagang Elegant Home Common Stock Shares Outstanding account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Zhangjiagang Elegant's Common Stock Shares Outstanding and Total Liab is 0.8. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Liab in the same time period over historical financial statements of Zhangjiagang Elegant Home, assuming nothing else is changed. The correlation between historical values of Zhangjiagang Elegant's Common Stock Shares Outstanding and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Zhangjiagang Elegant Home are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Common Stock Shares Outstanding i.e., Zhangjiagang Elegant's Common Stock Shares Outstanding and Total Liab go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Zhangjiagang Elegant's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhangjiagang Elegant Home 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 Elegant Home. 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.
As of December 18, 2024, Tax Provision is expected to decline to about 3.6 M. In addition to that, Selling General Administrative is expected to decline to about 37.2 M
 2021 2022 2023 2024 (projected)
Gross Profit83.9M27.3M217.9M175.9M
Total Revenue1.1B799.0M1.2B866.1M

Zhangjiagang Elegant fundamental ratios Correlations

-0.660.730.970.620.950.870.96-0.510.540.83-0.70.820.730.80.980.990.490.630.980.940.94-0.860.75
-0.66-0.42-0.64-0.54-0.69-0.54-0.730.06-0.18-0.60.56-0.5-0.22-0.65-0.61-0.7-0.55-0.29-0.61-0.72-0.720.77-0.58
0.73-0.420.57-0.010.730.60.75-0.440.80.73-0.820.980.430.660.720.70.60.320.720.740.74-0.720.66
0.97-0.640.570.740.920.90.9-0.510.410.82-0.610.660.790.780.960.980.370.720.950.880.87-0.790.64
0.62-0.54-0.010.740.570.620.55-0.220.10.38-0.20.120.560.510.630.660.210.580.630.520.52-0.480.37
0.95-0.690.730.920.570.870.91-0.590.550.91-0.840.780.70.940.890.970.370.710.890.870.85-0.80.64
0.87-0.540.60.90.620.870.72-0.590.60.92-0.710.630.920.820.880.910.330.880.870.680.68-0.650.38
0.96-0.730.750.90.550.910.72-0.350.470.73-0.660.850.510.740.930.930.540.420.920.980.98-0.910.85
-0.510.06-0.44-0.51-0.22-0.59-0.59-0.35-0.55-0.60.68-0.44-0.73-0.66-0.51-0.56-0.08-0.79-0.51-0.33-0.330.16-0.29
0.54-0.180.80.410.10.550.60.47-0.550.58-0.760.770.530.630.580.550.520.470.580.430.45-0.410.42
0.83-0.60.730.820.380.910.920.73-0.60.58-0.850.720.780.870.80.880.330.790.80.70.68-0.70.39
-0.70.56-0.82-0.61-0.2-0.84-0.71-0.660.68-0.76-0.85-0.8-0.54-0.93-0.65-0.75-0.4-0.63-0.65-0.62-0.610.58-0.49
0.82-0.50.980.660.120.780.630.85-0.440.770.72-0.80.450.690.80.780.630.330.80.830.84-0.790.78
0.73-0.220.430.790.560.70.920.51-0.730.530.78-0.540.450.650.770.770.170.940.760.480.48-0.40.22
0.8-0.650.660.780.510.940.820.74-0.660.630.87-0.930.690.650.740.860.30.750.740.690.68-0.640.49
0.98-0.610.720.960.630.890.880.93-0.510.580.8-0.650.80.770.740.970.570.641.00.920.93-0.850.75
0.99-0.70.70.980.660.970.910.93-0.560.550.88-0.750.780.770.860.970.480.720.970.90.9-0.830.69
0.49-0.550.60.370.210.370.330.54-0.080.520.33-0.40.630.170.30.570.480.050.590.630.66-0.720.74
0.63-0.290.320.720.580.710.880.42-0.790.470.79-0.630.330.940.750.640.720.050.640.370.36-0.30.11
0.98-0.610.720.950.630.890.870.92-0.510.580.8-0.650.80.760.741.00.970.590.640.920.93-0.860.76
0.94-0.720.740.880.520.870.680.98-0.330.430.7-0.620.830.480.690.920.90.630.370.921.0-0.950.89
0.94-0.720.740.870.520.850.680.98-0.330.450.68-0.610.840.480.680.930.90.660.360.931.0-0.950.91
-0.860.77-0.72-0.79-0.48-0.8-0.65-0.910.16-0.41-0.70.58-0.79-0.4-0.64-0.85-0.83-0.72-0.3-0.86-0.95-0.95-0.82
0.75-0.580.660.640.370.640.380.85-0.290.420.39-0.490.780.220.490.750.690.740.110.760.890.91-0.82
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Zhangjiagang Elegant Account Relationship Matchups

Zhangjiagang Elegant fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets972.9M1.8B1.9B2.0B2.2B1.6B
Other Current Liab4.2M5.6M1.6M1.8M2.8M3.1M
Total Current Liabilities253.3M293.8M385.9M410.0M510.5M391.5M
Total Stockholder Equity709.8M1.5B1.4B1.4B1.5B1.1B
Retained Earnings432.1M460.3M440.8M398.0M465.4M414.4M
Accounts Payable162.1M229.1M259.3M266.4M234.0M195.8M
Cash190.8M381.3M385.9M211.1M347.1M274.7M
Non Current Assets Total387.4M633.1M1.0B1.4B1.4B768.0M
Non Currrent Assets Other21.8M2.5M30.0M19.9M21.8M16.8M
Net Receivables198.6M189.2M163.6M132.1M273.2M203.5M
Non Current Liabilities Total9.8M25.4M23.1M105.6M111.1M116.7M
Inventory161.1M231.9M265.3M198.3M201.9M212.5M
Other Current Assets13.5M20.9M20.0M11.3M11.5M10.9M
Total Liab263.1M319.2M409.0M515.6M621.7M429.8M
Total Current Assets585.5M1.1B861.2M597.8M861.1M799.5M
Intangible Assets101.8M98.6M98.8M94.5M87.9M84.6M
Net Invested Capital756.4M1.5B1.5B1.5B1.7B1.3B
Short Long Term Debt46.6M20.0M94.2M111.2M232.6M244.3M
Net Working Capital332.3M844.4M475.3M187.8M350.6M408.4M

Currently Active Assets on Macroaxis

Other Information on Investing in Zhangjiagang Stock

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