Guangzhou Retained Earnings vs Cash Analysis

002909 Stock

5.49 0.02 0.37%

Guangzhou Jointas financial indicator trend analysis is much more than just examining Guangzhou Jointas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Jointas is a good investment. Please check the relationship between Guangzhou Jointas Retained Earnings and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Jointas Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Jointas Retained Earnings account and Cash. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Guangzhou Jointas' Retained Earnings and Cash is 0.83. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Guangzhou Jointas Chemical, assuming nothing else is changed. The correlation between historical values of Guangzhou Jointas' Retained Earnings and Cash 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 Guangzhou Jointas Chemical are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Guangzhou Jointas' Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Cash

Cash refers to the most liquid asset of Guangzhou Jointas, which is listed under current asset account on Guangzhou Jointas Chemical balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Guangzhou Jointas customers. The amounts must be unrestricted with restricted cash listed in a different Guangzhou Jointas 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 indicators from Guangzhou Jointas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Jointas 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 Guangzhou Jointas Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of December 2, 2024, Selling General Administrative is expected to decline to about 18 M. In addition to that, Tax Provision is expected to decline to about 858.9 K

	2021	2022	2023	2024 (projected)
Interest Expense	16.5M	24.8M	29.2M	30.6M
Depreciation And Amortization	38.8M	48.6M	64.4M	67.7M

Interest Expense Depreciation And Amortization

Guangzhou Jointas fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab
Total Assets		0.76	0.75	0.99	0.99	0.81	0.23	0.34	0.97	0.92	0.76	0.85	0.46	0.76	0.98	0.93	0.72	0.97	0.38	0.84	0.99	0.96	0.81	0.76	0.89	0.66
Short Long Term Debt Total	0.76		0.58	0.77	0.72	0.98	-0.18	0.83	0.69	0.6	0.37	0.98	0.2	0.37	0.76	0.8	0.94	0.71	0.19	0.53	0.79	0.64	0.99	0.96	0.95	0.96
Other Current Liab	0.75	0.58		0.82	0.69	0.59	0.02	0.35	0.68	0.6	0.42	0.64	0.01	0.42	0.83	0.7	0.37	0.74	0.3	0.42	0.79	0.7	0.66	0.75	0.71	0.49
Total Current Liabilities	0.99	0.77	0.82		0.96	0.8	0.19	0.38	0.93	0.89	0.71	0.85	0.39	0.71	0.99	0.93	0.69	0.95	0.34	0.78	1.0	0.93	0.82	0.8	0.9	0.67
Total Stockholder Equity	0.99	0.72	0.69	0.96		0.78	0.26	0.26	0.99	0.95	0.82	0.83	0.53	0.82	0.95	0.9	0.69	0.97	0.45	0.91	0.96	0.97	0.76	0.69	0.87	0.62
Property Plant And Equipment Net	0.81	0.98	0.59	0.8	0.78		-0.16	0.76	0.75	0.69	0.46	0.99	0.2	0.46	0.79	0.87	0.93	0.79	0.3	0.63	0.82	0.7	0.97	0.93	0.97	0.94
Current Deferred Revenue	0.23	-0.18	0.02	0.19	0.26	-0.16		-0.56	0.32	0.34	0.62	-0.1	0.45	0.62	0.25	0.04	-0.02	0.17	0.02	0.33	0.19	0.42	-0.15	-0.24	-0.01	-0.35
Net Debt	0.34	0.83	0.35	0.38	0.26	0.76	-0.56		0.22	0.08	-0.21	0.72	-0.21	-0.21	0.36	0.46	0.72	0.28	-0.02	0.04	0.4	0.12	0.8	0.83	0.64	0.88
Retained Earnings	0.97	0.69	0.68	0.93	0.99	0.75	0.32	0.22		0.92	0.83	0.8	0.52	0.83	0.94	0.88	0.69	0.94	0.42	0.88	0.94	0.97	0.73	0.66	0.84	0.58
Accounts Payable	0.92	0.6	0.6	0.89	0.95	0.69	0.34	0.08	0.92		0.9	0.73	0.58	0.9	0.87	0.86	0.61	0.95	0.42	0.92	0.89	0.96	0.64	0.56	0.79	0.47
Cash	0.76	0.37	0.42	0.71	0.82	0.46	0.62	-0.21	0.83	0.9		0.52	0.7	1.0	0.72	0.62	0.45	0.78	0.36	0.87	0.7	0.9	0.41	0.3	0.6	0.21
Non Current Assets Total	0.85	0.98	0.64	0.85	0.83	0.99	-0.1	0.72	0.8	0.73	0.52		0.31	0.52	0.84	0.87	0.92	0.82	0.27	0.66	0.86	0.75	0.99	0.94	0.99	0.93
Non Currrent Assets Other	0.46	0.2	0.01	0.39	0.53	0.2	0.45	-0.21	0.52	0.58	0.7	0.31		0.7	0.35	0.26	0.28	0.4	0.05	0.64	0.39	0.53	0.22	0.05	0.31	0.15
Cash And Short Term Investments	0.76	0.37	0.42	0.71	0.82	0.46	0.62	-0.21	0.83	0.9	1.0	0.52	0.7		0.72	0.62	0.45	0.78	0.36	0.87	0.7	0.9	0.41	0.3	0.6	0.21
Net Receivables	0.98	0.76	0.83	0.99	0.95	0.79	0.25	0.36	0.94	0.87	0.72	0.84	0.35	0.72		0.91	0.69	0.94	0.35	0.76	0.99	0.94	0.81	0.79	0.89	0.63
Common Stock Shares Outstanding	0.93	0.8	0.7	0.93	0.9	0.87	0.04	0.46	0.88	0.86	0.62	0.87	0.26	0.62	0.91		0.79	0.91	0.26	0.71	0.94	0.84	0.82	0.79	0.9	0.73
Non Current Liabilities Total	0.72	0.94	0.37	0.69	0.69	0.93	-0.02	0.72	0.69	0.61	0.45	0.92	0.28	0.45	0.69	0.79		0.65	0.11	0.55	0.72	0.63	0.9	0.82	0.9	0.88
Inventory	0.97	0.71	0.74	0.95	0.97	0.79	0.17	0.28	0.94	0.95	0.78	0.82	0.4	0.78	0.94	0.91	0.65		0.53	0.9	0.95	0.95	0.76	0.72	0.86	0.61
Other Current Assets	0.38	0.19	0.3	0.34	0.45	0.3	0.02	-0.02	0.42	0.42	0.36	0.27	0.05	0.36	0.35	0.26	0.11	0.53		0.63	0.32	0.45	0.22	0.23	0.28	0.2
Other Stockholder Equity	0.84	0.53	0.42	0.78	0.91	0.63	0.33	0.04	0.88	0.92	0.87	0.66	0.64	0.87	0.76	0.71	0.55	0.9	0.63		0.78	0.9	0.57	0.45	0.69	0.44
Total Liab	0.99	0.79	0.79	1.0	0.96	0.82	0.19	0.4	0.94	0.89	0.7	0.86	0.39	0.7	0.99	0.94	0.72	0.95	0.32	0.78		0.93	0.83	0.8	0.9	0.68
Total Current Assets	0.96	0.64	0.7	0.93	0.97	0.7	0.42	0.12	0.97	0.96	0.9	0.75	0.53	0.9	0.94	0.84	0.63	0.95	0.45	0.9	0.93		0.69	0.62	0.82	0.49
Short Term Debt	0.81	0.99	0.66	0.82	0.76	0.97	-0.15	0.8	0.73	0.64	0.41	0.99	0.22	0.41	0.81	0.82	0.9	0.76	0.22	0.57	0.83	0.69		0.98	0.97	0.94
Intangible Assets	0.76	0.96	0.75	0.8	0.69	0.93	-0.24	0.83	0.66	0.56	0.3	0.94	0.05	0.3	0.79	0.79	0.82	0.72	0.23	0.45	0.8	0.62	0.98		0.93	0.92
Common Stock	0.89	0.95	0.71	0.9	0.87	0.97	-0.01	0.64	0.84	0.79	0.6	0.99	0.31	0.6	0.89	0.9	0.9	0.86	0.28	0.69	0.9	0.82	0.97	0.93		0.87
Other Liab	0.66	0.96	0.49	0.67	0.62	0.94	-0.35	0.88	0.58	0.47	0.21	0.93	0.15	0.21	0.63	0.73	0.88	0.61	0.2	0.44	0.68	0.49	0.94	0.92	0.87

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Guangzhou Jointas Account Relationship Matchups

Guangzhou Jointas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	999.0M	1.6B	1.9B	1.9B	2.0B	1.1B
Short Long Term Debt Total	167.1M	257.2M	388.9M	521.6M	735.9M	772.7M
Other Current Liab	7.0M	2.2M	175.2M	185.5M	64.6M	44.9M
Total Current Liabilities	400.0M	708.6M	978.8M	979.1M	954.4M	523.5M
Total Stockholder Equity	519.9M	860.8M	842.6M	854.3M	851.9M	534.8M
Property Plant And Equipment Net	257.8M	257.4M	366.8M	498.4M	665.0M	698.3M
Current Deferred Revenue	64.5M	86.0M	82.7M	7.6M	9.7M	9.3M
Net Debt	(77.5M)	(248.1M)	(22.2M)	318.5M	579.9M	608.9M
Retained Earnings	144.7M	196.5M	202.7M	191.0M	180.1M	119.2M
Accounts Payable	188.1M	379.3M	348.6M	278.9M	292.8M	206.6M
Cash	244.6M	505.2M	411.2M	203.1M	156.0M	206.2M
Non Current Assets Total	344.3M	605.3M	705.9M	970.5M	1.1B	1.2B
Non Currrent Assets Other	1.8M	243.5M	11.8M	45.7M	20.5M	31.5M
Cash And Short Term Investments	244.6M	505.2M	411.2M	203.1M	156.0M	206.2M
Net Receivables	328.2M	431.3M	644.5M	574.8M	554.8M	359.6M
Common Stock Shares Outstanding	329.3M	326.8M	372.7M	372.8M	428.7M	331.2M
Liabilities And Stockholders Equity	999.0M	1.6B	1.9B	1.9B	2.0B	1.1B
Non Current Liabilities Total	71.7M	71.2M	65.6M	56.1M	153.9M	161.6M
Inventory	65.7M	93.8M	108.2M	107.7M	104.8M	77.3M
Other Current Assets	16.2M	13.4M	19.4M	33.7M	10.8M	17.9M
Other Stockholder Equity	170.9M	354.1M	235.0M	236.4M	240.0M	191.3M
Total Liab	471.6M	779.8M	1.0B	1.0B	1.1B	566.6M
Total Current Assets	654.7M	1.0B	1.2B	919.3M	826.4M	661.0M
Short Term Debt	140.4M	241.1M	372.3M	507.2M	587.3M	616.7M
Intangible Assets	39.2M	37.7M	254.6M	366.0M	362.8M	381.0M
Other Liab	16.0M	15.0M	12.4M	41.7M	48.0M	50.4M
Net Tangible Assets	455.8M	798.2M	563.0M	463.4M	532.9M	530.4M
Deferred Long Term Liab	16.0M	15.9M	19.0M	23.1M	26.6M	18.8M
Short Long Term Debt	140.4M	204.4M	328.4M	439.8M	405.3M	252.3M
Property Plant Equipment	257.8M	257.4M	366.8M	498.4M	573.2M	297.9M
Net Invested Capital	687.0M	1.1B	1.2B	1.3B	1.3B	1.1B
Net Working Capital	254.7M	335.1M	204.5M	(59.8M)	(128.0M)	(121.6M)

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Other Information on Investing in Guangzhou Stock

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

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Guangzhou Retained Earnings vs Cash Analysis

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

Correlation Coefficient

Retained Earnings

Cash

Guangzhou Jointas fundamental ratios Correlations

Guangzhou Jointas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangzhou Jointas fundamental ratios Accounts

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Other Information on Investing in Guangzhou Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Short Long Term Debt Total

Net Debt	- 0.56	Current Deferred Revenue
Other Liab	- 0.35	Current Deferred Revenue
Intangible Assets	- 0.24	Current Deferred Revenue
Cash And Short Term Investments	- 0.21	Net Debt
Non Currrent Assets Other	- 0.21	Net Debt
Cash	- 0.21	Net Debt