TuanChe Accounts Payable vs Common Stock Total Equity Analysis

TC Stock  USD 1.01  0.08  8.60%   
TuanChe ADR financial indicator trend analysis is much more than just breaking down TuanChe ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TuanChe ADR is a good investment. Please check the relationship between TuanChe ADR Accounts Payable and its Common Stock Total Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.

Accounts Payable vs Common Stock Total Equity

Accounts Payable vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TuanChe ADR Accounts Payable account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between TuanChe ADR's Accounts Payable and Common Stock Total Equity is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of TuanChe ADR, assuming nothing else is changed. The correlation between historical values of TuanChe ADR's Accounts Payable and Common Stock Total 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 Accounts Payable of TuanChe ADR are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Accounts Payable i.e., TuanChe ADR's Accounts Payable and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents TuanChe ADR obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TuanChe ADR are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from TuanChe ADR's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TuanChe ADR 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.At present, TuanChe ADR's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit272.3M112.7M93.4M88.8M
Total Revenue357.6M183.2M162.4M272.7M

TuanChe ADR fundamental ratios Correlations

-0.80.910.470.990.910.410.66-0.9-0.320.50.840.490.90.880.680.40.63-0.690.250.760.710.490.540.97-0.72
-0.8-0.64-0.14-0.81-0.91-0.71-0.580.630.73-0.74-0.5-0.73-0.56-0.94-0.84-0.78-0.550.7-0.39-0.69-0.87-0.3-0.82-0.690.99
0.91-0.640.550.90.820.30.53-0.77-0.260.330.720.350.810.820.620.360.8-0.70.080.820.640.510.50.92-0.58
0.47-0.140.550.380.150.40.74-0.210.00.440.210.480.280.380.270.070.5-0.450.430.580.270.94-0.030.39-0.1
0.99-0.810.90.380.940.360.61-0.93-0.320.450.870.440.920.870.670.390.61-0.660.180.730.70.390.550.98-0.73
0.91-0.910.820.150.940.440.5-0.85-0.560.520.760.490.80.930.790.60.56-0.730.160.660.820.230.740.88-0.87
0.41-0.710.30.40.360.440.7-0.1-0.740.83-0.040.920.040.690.690.770.47-0.570.680.510.710.610.660.21-0.75
0.66-0.580.530.740.610.50.7-0.46-0.40.810.40.840.430.640.620.430.35-0.640.50.50.620.780.320.51-0.54
-0.90.63-0.77-0.21-0.93-0.85-0.1-0.460.12-0.23-0.99-0.18-0.99-0.68-0.49-0.14-0.330.51-0.04-0.45-0.52-0.2-0.36-0.950.52
-0.320.73-0.260.0-0.32-0.56-0.74-0.40.12-0.780.02-0.73-0.02-0.69-0.88-0.95-0.250.77-0.52-0.36-0.88-0.27-0.87-0.170.82
0.5-0.740.330.440.450.520.830.81-0.23-0.780.10.970.140.70.780.770.27-0.720.670.510.80.610.560.3-0.76
0.84-0.50.720.210.870.76-0.040.4-0.990.020.10.060.990.570.38-0.010.25-0.43-0.030.360.40.160.240.91-0.38
0.49-0.730.350.480.440.490.920.84-0.18-0.730.970.060.110.70.730.750.38-0.650.610.540.740.640.560.28-0.76
0.9-0.560.810.280.920.80.040.43-0.99-0.020.140.990.110.640.430.060.39-0.48-0.010.480.450.230.30.96-0.44
0.88-0.940.820.380.870.930.690.64-0.68-0.690.70.570.70.640.870.720.68-0.830.420.790.910.50.790.79-0.92
0.68-0.840.620.270.670.790.690.62-0.49-0.880.780.380.730.430.870.90.45-0.950.510.60.990.470.890.57-0.87
0.4-0.780.360.070.390.60.770.43-0.14-0.950.77-0.010.750.060.720.90.44-0.750.490.530.890.310.920.25-0.86
0.63-0.550.80.50.610.560.470.35-0.33-0.250.270.250.380.390.680.450.44-0.440.110.90.470.490.510.6-0.54
-0.690.7-0.7-0.45-0.66-0.73-0.57-0.640.510.77-0.72-0.43-0.65-0.48-0.83-0.95-0.75-0.44-0.48-0.59-0.94-0.59-0.75-0.60.72
0.25-0.390.080.430.180.160.680.5-0.04-0.520.67-0.030.61-0.010.420.510.490.11-0.480.340.530.70.390.11-0.42
0.76-0.690.820.580.730.660.510.5-0.45-0.360.510.360.540.480.790.60.530.9-0.590.340.620.60.540.7-0.67
0.71-0.870.640.270.70.820.710.62-0.52-0.880.80.40.740.450.910.990.890.47-0.940.530.620.470.890.59-0.9
0.49-0.30.510.940.390.230.610.78-0.2-0.270.610.160.640.230.50.470.310.49-0.590.70.60.470.210.37-0.29
0.54-0.820.5-0.030.550.740.660.32-0.36-0.870.560.240.560.30.790.890.920.51-0.750.390.540.890.210.45-0.88
0.97-0.690.920.390.980.880.210.51-0.95-0.170.30.910.280.960.790.570.250.6-0.60.110.70.590.370.45-0.6
-0.720.99-0.58-0.1-0.73-0.87-0.75-0.540.520.82-0.76-0.38-0.76-0.44-0.92-0.87-0.86-0.540.72-0.42-0.67-0.9-0.29-0.88-0.6
Click cells to compare fundamentals

TuanChe ADR Account Relationship Matchups

TuanChe ADR fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets567.2M474.4M353.1M235.3M119.3M113.4M
Other Current Liab136.2M99.9M71.3M56.8M60.7M67.1M
Total Current Liabilities142.1M176.2M151.8M108.6M86.8M107.3M
Total Stockholder Equity423.6M288.2M194.4M92.8M19.5M18.5M
Net Tangible Assets408.1M150.9M61.3M55.6M63.9M90.7M
Property Plant And Equipment Net4.8M16.5M8.6M10.1M5.7M6.8M
Current Deferred Revenue4.8M25.5M19.5M5.0M5.8M5.5M
Net Debt(193.9M)(105.9M)(55.0M)(57.7M)15.2M16.0M
Retained Earnings(718.7M)(881.7M)(983.6M)(1.2B)(1.2B)(1.2B)
Accounts Payable5.8M21.8M29.6M13.7M10.4M12.6M
Cash193.9M109.9M63.5M69.9M9.6M9.1M
Non Current Assets Total35.8M163.0M147.4M61.6M57.4M68.4M
Cash And Short Term Investments278.2M164.3M71.1M77.9M16.2M15.3M
Net Receivables72.4M66.1M48.0M50.0M28.9M47.0M
Common Stock Total Equity137K201K208K216K248.4K180.8K
Common Stock Shares Outstanding1.2M1.3M1.3M1.3M1.7M1.1M
Short Term Investments84.3M54.4M7.6M8.0M6.6M6.3M
Liabilities And Stockholders Equity565.0M474.4M353.1M235.3M119.3M113.4M
Non Current Liabilities Total2.2M11.2M8.0M33.9M13.1M12.4M
Other Current Assets180.8M102.5M94.3M53.8M16.9M16.1M
Other Stockholder Equity1.1B1.2B1.2B1.3B1.3B990.3M
Total Liab142.1M187.3M159.8M142.5M99.9M114.2M
Property Plant And Equipment Gross20.4M16.5M8.6M22.1M25.4M12.8M
Total Current Assets531.4M311.4M205.7M173.7M62.0M58.9M
Accumulated Other Comprehensive Income1.0M(5.8M)(7.4M)(8.4M)(8.3M)(8.7M)
Short Term Debt4.8M5.9M9.6M8.4M15.7M21.3M
Common Stock208K216K217K270K271K206.7K
Property Plant Equipment4.8M16.5M8.6M10.1M11.7M6.9M
Non Currrent Assets Other10.3M7.6M313K522K469.8K446.3K
Other Assets10.3M7.6M313K522K469.8K446.3K
Net Invested Capital423.6M288.2M201.4M105.8M95.3M90.5M
Long Term Investments7.9M8.9M5.4M5.4M6.2M6.0M
Net Working Capital389.3M135.2M53.9M73.5M66.1M62.8M
Intangible Assets10.2M15.5M21.8M17.7M20.4M14.4M
Capital Stock208K216K217K270K310.5K244.6K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TuanChe ADR. If investors know TuanChe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.29)
Revenue Per Share
58.91
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.52)
Return On Equity
(3.08)
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.