Zhong Historical Balance Sheet

TOP Stock

USD 1.67 0.03 1.83%

Trend analysis of Zhong Yang Financial balance sheet accounts such as Accounts Payable of 6.3 M, Other Assets of 32.1 M, Net Receivables of 9.1 M or Other Current Assets of 13.4 M provides information on Zhong Yang's total assets, liabilities, and equity, which is the actual value of Zhong Yang Financial to its prevalent stockholders. By breaking down trends over time using Zhong Yang balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Zhong Yang Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Zhong Yang Financial is a good buy for the upcoming year.

Zhong Yang Inventory

69.57 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Zhong Yang Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About Zhong Balance Sheet Analysis

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

Zhong Yang Balance Sheet Chart

At this time, Zhong Yang's Non Currrent Assets Other are relatively stable compared to the past year. As of 12/01/2024, Cash And Short Term Investments is likely to grow to about 27.2 M, while Retained Earnings are likely to drop slightly above 7 M.

Total Current Liabilities Net Tangible Assets Retained Earnings Accounts Payable Cash Non Current Liabilities Other

Total Current Liabilities

Total Current Liabilities is an item on Zhong Yang balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Zhong Yang Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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.

Accounts Payable

An accounting item on the balance sheet that represents Zhong Yang 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 Zhong Yang Financial 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.

Cash

Cash refers to the most liquid asset of Zhong Yang Financial, which is listed under current asset account on Zhong Yang Financial balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Zhong Yang customers. The amounts must be unrestricted with restricted cash listed in a different Zhong Yang account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most accounts from Zhong Yang's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Zhong Yang Financial current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Zhong Yang Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2023	2024 (projected)
Net Tangible Assets	10.1M	11.7M	7.6M
Total Current Liabilities	3.4M	10.9M	6.9M

Net Tangible Assets Total Current Liabilities

Zhong Yang balance sheet Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Net Invested Capital	Long Term Investments
Other Current Liab		0.71	-0.26	-0.08	0.67	0.29	0.37	0.19	0.22	0.33	0.43	-0.06	0.3	0.22	0.08	-0.21	0.2	0.06	0.2	0.2	-0.23	0.59	0.3	0.45	0.22	0.1
Total Current Liabilities	0.71		-0.38	-0.3	1.0	-0.01	-0.08	0.46	-0.09	0.11	0.67	-0.27	0.15	-0.02	-0.24	-0.03	0.02	-0.19	0.24	0.02	-0.07	0.84	0.13	0.49	-0.02	-0.18
Net Tangible Assets	-0.26	-0.38		0.97	-0.4	0.72	0.74	-0.01	0.77	0.67	-0.75	0.89	0.79	0.84	0.89	-0.75	0.73	0.91	0.56	0.73	-0.43	-0.69	0.66	0.32	0.84	0.89
Retained Earnings	-0.08	-0.3	0.97		-0.32	0.85	0.85	0.1	0.88	0.79	-0.7	0.92	0.88	0.93	0.96	-0.85	0.83	0.98	0.63	0.83	-0.54	-0.62	0.77	0.42	0.93	0.96
Accounts Payable	0.67	1.0	-0.4	-0.32		-0.04	-0.13	0.49	-0.12	0.08	0.69	-0.28	0.12	-0.06	-0.27	-0.01	-0.01	-0.22	0.23	-0.01	-0.05	0.84	0.1	0.48	-0.06	-0.21
Other Assets	0.29	-0.01	0.72	0.85	-0.04		0.86	0.38	0.99	0.98	-0.51	0.86	0.91	0.93	0.88	-0.98	0.98	0.9	0.82	0.98	-0.82	-0.25	0.97	0.73	0.93	0.91
Net Receivables	0.37	-0.08	0.74	0.85	-0.13	0.86		0.0	0.86	0.78	-0.46	0.72	0.89	0.93	0.91	-0.78	0.76	0.89	0.49	0.76	-0.46	-0.39	0.74	0.41	0.93	0.92
Other Current Assets	0.19	0.46	-0.01	0.1	0.49	0.38	0.0		0.31	0.45	0.35	0.29	0.34	0.28	0.19	-0.43	0.44	0.23	0.52	0.44	-0.48	0.25	0.47	0.56	0.28	0.22
Other Stockholder Equity	0.22	-0.09	0.77	0.88	-0.12	0.99	0.86	0.31		0.97	-0.6	0.88	0.9	0.93	0.89	-0.98	0.98	0.91	0.82	0.98	-0.82	-0.31	0.96	0.71	0.93	0.92
Total Current Assets	0.33	0.11	0.67	0.79	0.08	0.98	0.78	0.45	0.97		-0.47	0.84	0.88	0.87	0.8	-0.99	0.99	0.84	0.91	0.99	-0.89	-0.11	1.0	0.85	0.87	0.84
Common Stock	0.43	0.67	-0.75	-0.7	0.69	-0.51	-0.46	0.35	-0.6	-0.47		-0.65	-0.38	-0.46	-0.54	0.54	-0.55	-0.56	-0.44	-0.55	0.49	0.59	-0.48	-0.21	-0.46	-0.54
Property Plant Equipment	-0.06	-0.27	0.89	0.92	-0.28	0.86	0.72	0.29	0.88	0.84	-0.65		0.79	0.84	0.9	-0.88	0.88	0.92	0.74	0.88	-0.71	-0.55	0.83	0.55	0.84	0.88
Total Assets	0.3	0.15	0.79	0.88	0.12	0.91	0.89	0.34	0.9	0.88	-0.38	0.79		0.98	0.9	-0.91	0.88	0.93	0.73	0.88	-0.59	-0.25	0.87	0.65	0.98	0.94
Total Stockholder Equity	0.22	-0.02	0.84	0.93	-0.06	0.93	0.93	0.28	0.93	0.87	-0.46	0.84	0.98		0.96	-0.9	0.87	0.98	0.67	0.87	-0.57	-0.4	0.85	0.55	1.0	0.98
Property Plant And Equipment Net	0.08	-0.24	0.89	0.96	-0.27	0.88	0.91	0.19	0.89	0.8	-0.54	0.9	0.9	0.96		-0.84	0.82	0.99	0.56	0.82	-0.52	-0.61	0.77	0.4	0.96	0.99
Net Debt	-0.21	-0.03	-0.75	-0.85	-0.01	-0.98	-0.78	-0.43	-0.98	-0.99	0.54	-0.88	-0.91	-0.9	-0.84		-1.0	-0.88	-0.91	-1.0	0.87	0.21	-0.99	-0.81	-0.9	-0.88
Cash	0.2	0.02	0.73	0.83	-0.01	0.98	0.76	0.44	0.98	0.99	-0.55	0.88	0.88	0.87	0.82	-1.0		0.86	0.92	1.0	-0.89	-0.19	0.99	0.82	0.87	0.85
Non Current Assets Total	0.06	-0.19	0.91	0.98	-0.22	0.9	0.89	0.23	0.91	0.84	-0.56	0.92	0.93	0.98	0.99	-0.88	0.86		0.64	0.86	-0.56	-0.56	0.81	0.47	0.98	1.0
Non Currrent Assets Other	0.2	0.24	0.56	0.63	0.23	0.82	0.49	0.52	0.82	0.91	-0.44	0.74	0.73	0.67	0.56	-0.91	0.92	0.64		0.92	-0.93	0.1	0.94	0.95	0.67	0.61
Cash And Short Term Investments	0.2	0.02	0.73	0.83	-0.01	0.98	0.76	0.44	0.98	0.99	-0.55	0.88	0.88	0.87	0.82	-1.0	1.0	0.86	0.92		-0.89	-0.19	0.99	0.82	0.87	0.85
Common Stock Shares Outstanding	-0.23	-0.07	-0.43	-0.54	-0.05	-0.82	-0.46	-0.48	-0.82	-0.89	0.49	-0.71	-0.59	-0.57	-0.52	0.87	-0.89	-0.56	-0.93	-0.89		-0.06	-0.91	-0.88	-0.57	-0.55
Non Current Liabilities Total	0.59	0.84	-0.69	-0.62	0.84	-0.25	-0.39	0.25	-0.31	-0.11	0.59	-0.55	-0.25	-0.4	-0.61	0.21	-0.19	-0.56	0.1	-0.19	-0.06		-0.08	0.38	-0.4	-0.55
Inventory	0.3	0.13	0.66	0.77	0.1	0.97	0.74	0.47	0.96	1.0	-0.48	0.83	0.87	0.85	0.77	-0.99	0.99	0.81	0.94	0.99	-0.91	-0.08		0.87	0.85	0.81
Total Liab	0.45	0.49	0.32	0.42	0.48	0.73	0.41	0.56	0.71	0.85	-0.21	0.55	0.65	0.55	0.4	-0.81	0.82	0.47	0.95	0.82	-0.88	0.38	0.87		0.55	0.45
Net Invested Capital	0.22	-0.02	0.84	0.93	-0.06	0.93	0.93	0.28	0.93	0.87	-0.46	0.84	0.98	1.0	0.96	-0.9	0.87	0.98	0.67	0.87	-0.57	-0.4	0.85	0.55		0.98
Long Term Investments	0.1	-0.18	0.89	0.96	-0.21	0.91	0.92	0.22	0.92	0.84	-0.54	0.88	0.94	0.98	0.99	-0.88	0.85	1.0	0.61	0.85	-0.55	-0.55	0.81	0.45	0.98

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Zhong Yang Account Relationship Matchups

Zhong Yang balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	722.4K	(3.4M)	(3.3M)	688.6K	651.7K	684.2K
Total Current Liabilities	6.9M	3.5M	3.4M	4.2M	10.9M	6.9M
Retained Earnings	3.4M	3.8M	7.3M	10.7M	11.7M	7.0M
Accounts Payable	6.1M	3.3M	3.3M	3.5M	10.3M	6.3M
Other Assets	190.8K	155.6K	296.5K	26.6M	30.6M	32.1M
Net Receivables	8.0M	2.7M	3.6M	17.4M	13.8M	9.1M
Other Current Assets	(12.9M)	2.0M	1.8M	1.9M	12.8M	13.4M
Total Current Assets	12.9M	9.5M	11.6M	35.2M	52.5M	55.1M

Pair Trading with Zhong Yang

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zhong Yang position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zhong Yang will appreciate offsetting losses from the drop in the long position's value.

Moving against Zhong Stock

0.46	V	Visa Class A	Pair Corr
0.39	TETEW	Technology Telecommunicatio	Pair Corr
0.36	MC	Moelis	Pair Corr

The ability to find closely correlated positions to Zhong Yang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zhong Yang when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zhong Yang - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zhong Yang Financial to buy it.

The correlation of Zhong Yang is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zhong Yang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zhong Yang Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Zhong Yang can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Zhong Stock Analysis

When running Zhong Yang's price analysis, check to measure Zhong Yang's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zhong Yang is operating at the current time. Most of Zhong Yang's value examination focuses on studying past and present price action to predict the probability of Zhong Yang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhong Yang's price. Additionally, you may evaluate how the addition of Zhong Yang to your portfolios can decrease your overall portfolio volatility.

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Zhong Historical Balance Sheet

Zhong Yang Inventory

69.57 Million

About Zhong Balance Sheet Analysis

Zhong Yang Balance Sheet Chart

Total Current Liabilities

Net Tangible Assets

Retained Earnings

Accounts Payable

Cash

Zhong Yang balance sheet Correlations

Zhong Yang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhong Yang balance sheet Accounts

Pair Trading with Zhong Yang

Moving against Zhong Stock

Additional Tools for Zhong Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Inventory	+ 1.0	Total Current Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Long Term Investments	+ 1.0	Non Current Assets Total
Other Stockholder Equity	+ 0.99	Other Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Inventory	- 0.99	Net Debt
Net Debt	- 0.99	Total Current Assets
Net Debt	- 0.98	Other Stockholder Equity
Net Debt	- 0.98	Other Assets