Changsha Retained Earnings vs Net Tangible Assets Analysis

300700 Stock   8.24  0.54  6.15%   
Changsha DIALINE financial indicator trend analysis is way more than just evaluating Changsha DIALINE New prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changsha DIALINE New is a good investment. Please check the relationship between Changsha DIALINE Retained Earnings and its Net Tangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changsha DIALINE New. 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 Net Tangible Assets

Retained Earnings vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changsha DIALINE New Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Changsha DIALINE's Retained Earnings and Net Tangible Assets is 0.91. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Changsha DIALINE New, assuming nothing else is changed. The correlation between historical values of Changsha DIALINE's Retained Earnings and Net Tangible Assets 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 Changsha DIALINE New are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Retained Earnings i.e., Changsha DIALINE's Retained Earnings and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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.
Most indicators from Changsha DIALINE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha DIALINE New 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 Changsha DIALINE New. 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.
The current year's Tax Provision is expected to grow to about 10 M. The current year's Selling General Administrative is expected to grow to about 70.5 M
 2022 2023 2024 2025 (projected)
Gross Profit227.1M308.5M354.7M372.5M
Total Revenue642.7M848.1M975.3M1.0B

Changsha DIALINE fundamental ratios Correlations

0.870.950.880.850.970.890.940.80.980.70.610.610.730.720.970.720.970.870.590.99-0.460.810.90.960.94
0.870.860.930.990.850.70.90.590.880.620.610.560.650.640.870.550.880.920.510.85-0.510.660.740.880.86
0.950.860.810.830.960.790.910.760.940.70.730.470.70.560.90.750.980.860.740.92-0.490.890.920.980.97
0.880.930.810.930.840.820.820.730.860.580.480.530.670.630.840.640.840.940.50.87-0.50.680.790.830.79
0.850.990.830.930.820.670.90.540.860.580.570.510.610.60.860.530.850.910.450.82-0.540.610.70.860.84
0.970.850.960.840.820.910.910.830.940.610.60.580.780.660.930.690.970.890.740.97-0.430.890.930.950.94
0.890.70.790.820.670.910.750.920.820.440.330.570.780.660.830.650.820.830.640.93-0.310.80.880.770.76
0.940.90.910.820.90.910.750.60.950.60.560.470.620.60.950.60.920.840.450.91-0.550.660.740.960.93
0.80.590.760.730.540.830.920.60.70.450.360.490.840.560.660.810.770.790.720.87-0.150.840.90.710.65
0.980.880.940.860.860.940.820.950.70.770.690.60.610.710.980.670.970.820.550.94-0.520.790.860.960.97
0.70.620.70.580.580.610.440.60.450.770.920.690.310.720.720.520.760.450.450.61-0.320.670.720.670.76
0.610.610.730.480.570.60.330.560.360.690.920.590.30.580.650.440.750.440.620.52-0.320.730.70.660.77
0.610.560.470.530.510.580.570.470.490.60.690.590.490.980.650.180.620.440.370.59-0.010.530.60.430.58
0.730.650.70.670.610.780.780.620.840.610.310.30.490.540.620.570.720.760.650.80.140.690.750.660.6
0.720.640.560.630.60.660.660.60.560.710.720.580.980.540.750.290.70.530.350.7-0.10.560.660.550.66
0.970.870.90.840.860.930.830.950.660.980.720.650.650.620.750.540.940.790.530.92-0.470.760.830.920.96
0.720.550.750.640.530.690.650.60.810.670.520.440.180.570.290.540.710.720.520.76-0.410.690.760.760.61
0.970.880.980.840.850.970.820.920.770.970.760.750.620.720.70.940.710.860.720.95-0.440.890.940.970.98
0.870.920.860.940.910.890.830.840.790.820.450.440.440.760.530.790.720.860.620.9-0.510.730.810.870.79
0.590.510.740.50.450.740.640.450.720.550.450.620.370.650.350.530.520.720.620.6-0.140.930.850.610.68
0.990.850.920.870.820.970.930.910.870.940.610.520.590.80.70.920.760.950.90.6-0.390.810.90.930.89
-0.46-0.51-0.49-0.5-0.54-0.43-0.31-0.55-0.15-0.52-0.32-0.32-0.010.14-0.1-0.47-0.41-0.44-0.51-0.14-0.39-0.3-0.33-0.55-0.53
0.810.660.890.680.610.890.80.660.840.790.670.730.530.690.560.760.690.890.730.930.81-0.30.980.80.85
0.90.740.920.790.70.930.880.740.90.860.720.70.60.750.660.830.760.940.810.850.9-0.330.980.860.88
0.960.880.980.830.860.950.770.960.710.960.670.660.430.660.550.920.760.970.870.610.93-0.550.80.860.96
0.940.860.970.790.840.940.760.930.650.970.760.770.580.60.660.960.610.980.790.680.89-0.530.850.880.96
Click cells to compare fundamentals

Changsha DIALINE Account Relationship Matchups

Changsha DIALINE fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.1B1.5B2.2B2.5B1.3B
Other Current Liab56.0M49.3M133.1M132.2M152.1M159.7M
Total Current Liabilities390.6M597.0M702.0M685.5M788.3M512.0M
Total Stockholder Equity533.5M455.4M754.5M1.3B1.5B1.5B
Other Liab2.6M2.6M2.7M4.9M5.6M5.9M
Net Tangible Assets491.4M494.2M417.2M717.4M825.0M523.7M
Retained Earnings168.8M90.7M181.6M254.8M293.0M191.9M
Accounts Payable106.0M125.3M215.4M219.9M252.9M135.6M
Cash99.2M85.2M120.2M278.1M319.9M183.6M
Non Current Assets Total627.2M641.2M734.7M1.0B1.2B632.1M
Non Currrent Assets Other24.9M27.9M4.0M21.3M24.5M14.8M
Other Assets42.4M51.6M61.5M29.7M34.2M32.6M
Long Term Debt210.2M41.5M72.5M141.6M162.8M114.2M
Net Receivables123.5M130.6M240.7M233.6M268.7M218.7M
Non Current Liabilities Total212.8M44.2M77.4M179.1M206.0M121.7M
Inventory142.7M105.9M167.4M216.9M249.5M135.0M
Other Current Assets3.3M21.6M8.4M19.5M22.4M12.7M
Total Liab603.4M641.2M779.5M864.6M994.3M633.7M
Short Long Term Debt215.2M212.9M280.3M147.2M169.2M236.1M
Total Current Assets509.7M454.1M797.2M1.1B1.3B672.4M
Non Current Liabilities Other44.9M178.8M205.4K626.1K563.5K535.3K
Intangible Assets39.3M38.2M37.1M45.8M52.7M41.2M
Common Stock82.4M82.4M107.1M121.5M139.8M97.4M
Property Plant Equipment447.0M536.4M540.0M666.4M766.4M485.8M
Common Stock Shares Outstanding107.1M107.1M121.5M278.8M320.6M336.6M
Net Invested Capital958.9M709.8M1.1B1.6B1.8B1.1B
Net Working Capital119.1M(142.9M)95.1M440.4M506.4M531.7M
Net Debt326.3M169.1M232.7M10.6M9.5M9.0M
Capital Stock82.4M107.1M121.5M278.8M320.6M336.6M
Property Plant And Equipment Net536.4M540.0M666.4M761.1M875.2M649.2M
Property Plant And Equipment Gross643.1M680.2M831.8M761.1M875.2M755.5M

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 Changsha Stock

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