Xizi Total Assets vs Retained Earnings Analysis

002534 Stock   12.03  0.05  0.41%   
Xizi Clean financial indicator trend analysis is more than just analyzing Xizi Clean Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xizi Clean Energy is a good investment. Please check the relationship between Xizi Clean Total Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xizi Clean Energy. 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 Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xizi Clean Energy Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xizi Clean's Total Assets and Retained Earnings is 0.85. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Xizi Clean Energy, assuming nothing else is changed. The correlation between historical values of Xizi Clean's Total Assets and Retained Earnings 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 Assets of Xizi Clean Energy are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Xizi Clean's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Assets

Total assets refers to the total amount of Xizi Clean assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Xizi Clean Energy books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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.
Most indicators from Xizi Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xizi Clean Energy 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 Xizi Clean Energy. 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 4, 2024, Selling General Administrative is expected to decline to about 194.4 M. In addition to that, Tax Provision is expected to decline to about 12.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.1B1.3B1.1B
Research Development402.1M414.3M419.9M279.2M

Xizi Clean fundamental ratios Correlations

-0.080.980.890.460.850.840.820.780.260.9-0.220.990.790.790.830.78-0.310.640.850.780.820.120.730.92-0.67
-0.08-0.10.150.010.3-0.34-0.21-0.40.360.00.5-0.13-0.20.170.16-0.430.38-0.53-0.06-0.370.020.14-0.49-0.18-0.04
0.98-0.10.820.310.80.850.850.780.140.91-0.20.990.720.750.760.8-0.390.670.860.80.80.070.770.94-0.69
0.890.150.820.590.940.690.620.570.410.73-0.010.830.690.860.950.530.040.390.760.540.760.150.460.72-0.59
0.460.010.310.590.580.230.20.30.390.16-0.410.40.80.640.660.190.170.140.450.210.520.40.160.34-0.28
0.850.30.80.940.580.660.680.540.330.7-0.060.80.690.890.910.51-0.020.320.830.550.830.160.420.76-0.69
0.84-0.340.850.690.230.660.960.930.110.78-0.30.840.630.60.620.93-0.490.610.830.950.740.020.710.9-0.72
0.82-0.210.850.620.20.680.960.910.060.78-0.360.840.630.60.580.92-0.60.550.860.960.770.070.690.94-0.79
0.78-0.40.780.570.30.540.930.910.240.73-0.450.80.70.520.50.97-0.510.570.760.980.690.020.70.87-0.57
0.260.360.140.410.390.330.110.060.240.340.080.20.260.210.290.170.25-0.110.040.140.120.09-0.180.090.0
0.90.00.910.730.160.70.780.780.730.34-0.030.90.590.580.60.8-0.340.70.680.750.680.090.70.85-0.62
-0.220.5-0.2-0.01-0.41-0.06-0.3-0.36-0.450.08-0.03-0.26-0.52-0.17-0.15-0.410.54-0.35-0.31-0.41-0.2-0.21-0.44-0.350.08
0.99-0.130.990.830.40.80.840.840.80.20.9-0.260.790.750.770.82-0.390.690.860.810.810.110.780.95-0.67
0.79-0.20.720.690.80.690.630.630.70.260.59-0.520.790.740.670.66-0.230.540.750.660.770.270.590.78-0.54
0.790.170.750.860.640.890.60.60.520.210.58-0.170.750.740.860.460.110.330.880.510.930.330.380.73-0.63
0.830.160.760.950.660.910.620.580.50.290.6-0.150.770.670.860.43-0.030.30.740.460.710.290.440.65-0.55
0.78-0.430.80.530.190.510.930.920.970.170.8-0.410.820.660.460.43-0.590.680.730.980.660.00.770.89-0.61
-0.310.38-0.390.040.17-0.02-0.49-0.6-0.510.25-0.340.54-0.39-0.230.11-0.03-0.59-0.4-0.28-0.59-0.10.0-0.51-0.490.43
0.64-0.530.670.390.140.320.610.550.57-0.110.7-0.350.690.540.330.30.68-0.40.450.580.440.030.860.66-0.38
0.85-0.060.860.760.450.830.830.860.760.040.68-0.310.860.750.880.740.73-0.280.450.790.960.10.570.93-0.8
0.78-0.370.80.540.210.550.950.960.980.140.75-0.410.810.660.510.460.98-0.590.580.790.720.020.690.91-0.68
0.820.020.80.760.520.830.740.770.690.120.68-0.20.810.770.930.710.66-0.10.440.960.720.240.480.87-0.78
0.120.140.070.150.40.160.020.070.020.090.09-0.210.110.270.330.290.00.00.030.10.020.24-0.040.05-0.18
0.73-0.490.770.460.160.420.710.690.7-0.180.7-0.440.780.590.380.440.77-0.510.860.570.690.48-0.040.76-0.34
0.92-0.180.940.720.340.760.90.940.870.090.85-0.350.950.780.730.650.89-0.490.660.930.910.870.050.76-0.78
-0.67-0.04-0.69-0.59-0.28-0.69-0.72-0.79-0.570.0-0.620.08-0.67-0.54-0.63-0.55-0.610.43-0.38-0.8-0.68-0.78-0.18-0.34-0.78
Click cells to compare fundamentals

Xizi Clean Account Relationship Matchups

Xizi Clean fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.4B13.9B16.0B16.0B8.9B
Other Current Liab2.4B2.1B3.0B340.2M246.2M233.8M
Total Current Liabilities5.0B5.8B7.7B9.3B9.3B4.9B
Total Stockholder Equity3.3B3.4B3.6B3.7B3.9B2.8B
Other Liab805.5M755.4M749.2M745.1M856.9M535.9M
Retained Earnings1.8B2.0B2.1B1.8B1.8B1.3B
Accounts Payable2.5B3.1B4.1B5.0B5.3B5.6B
Cash1.8B2.4B3.8B3.6B3.8B4.0B
Other Assets217.1M202.3M272.5M1.3B1.5B1.6B
Net Receivables2.6B754.8M3.5B1.9B1.8B2.1B
Inventory1.0B927.4M1.7B1.9B1.4B1.1B
Other Current Assets391.9M726.7M819.9M102.8M103.4M98.2M
Total Liab5.8B6.7B9.9B11.8B11.6B5.8B
Intangible Assets254.0M251.5M414.0M506.4M507.8M258.1M
Common Stock739.4M739.4M739.3M739.2M850.1M558.2M
Property Plant Equipment1.4B1.7B2.0B1.8B2.0B1.3B
Long Term Debt37.5M100M1.3B1.6B1.5B1.5B
Short Term Investments452.0M326.0M181.9M25.0M22.5M21.4M
Net Tangible Assets2.8B3.0B3.1B3.2B3.7B3.0B
Other Stockholder Equity44.0M51.0M59.3M195.2M224.5M235.7M
Deferred Long Term Liab4.1M3.0M3.2M4.1M4.7M3.1M
Short Long Term Debt500.7K400.4M349.5M903.9M545.3M347.1M
Total Current Assets6.9B7.4B9.9B10.9B10.7B8.2B
Non Current Assets Total2.4B3.0B4.0B5.1B5.2B3.7B
Non Currrent Assets Other10.2M42.9M58.6M3.8M4.5M4.2M
Non Current Liabilities Total785.5M849.2M2.2B2.5B2.3B1.6B
Non Current Liabilities Other64.9M90.8M110.5M132.8M162.7M118.8M
Common Stock Shares Outstanding739.4M739.3M739.2M739.2M739.2M591.4M
Net Invested Capital3.3B3.9B5.3B6.2B5.9B4.9B
Net Working Capital1.8B1.5B2.2B1.6B1.4B1.4B

Also Currently Popular

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.

Other Information on Investing in Xizi Stock

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