Xiamen Retained Earnings vs Accounts Payable Analysis

600153 Stock   9.87  0.08  0.80%   
Xiamen CD financial indicator trend analysis is more than just analyzing Xiamen CD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen CD is a good investment. Please check the relationship between Xiamen CD Retained Earnings and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen CD. 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.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen CD Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xiamen CD's Retained Earnings and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Xiamen CD, assuming nothing else is changed. The correlation between historical values of Xiamen CD's Retained Earnings and Accounts Payable 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 Xiamen CD are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Xiamen CD's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.94
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.

Accounts Payable

An accounting item on the balance sheet that represents Xiamen CD 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 Xiamen CD 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.
Most indicators from Xiamen CD's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen CD 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 Xiamen CD. 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.
The current year's Selling General Administrative is expected to grow to about 15.6 B, whereas Tax Provision is forecasted to decline to about 3.7 B.
 2022 2023 2024 2025 (projected)
Operating Income19.6B18.2B21.0B22.0B
Total Revenue832.8B763.7B878.2B922.1B

Xiamen CD fundamental ratios Correlations

0.361.00.990.960.980.960.990.940.980.520.990.811.00.960.310.980.940.960.890.960.850.680.790.990.35
0.360.390.350.530.350.150.480.510.440.030.490.580.390.190.320.50.10.30.520.430.560.440.360.440.12
1.00.390.990.960.980.960.990.940.980.50.990.811.00.950.310.980.930.960.90.970.860.660.81.00.33
0.990.350.990.960.990.960.980.960.980.560.980.820.990.970.380.970.930.940.880.940.830.710.780.980.37
0.960.530.960.960.950.870.980.960.980.420.980.880.970.90.340.970.820.880.910.930.90.740.740.980.37
0.980.350.980.990.950.940.960.970.990.620.970.850.980.970.420.970.90.890.860.90.810.750.740.960.4
0.960.150.960.960.870.940.930.850.910.520.920.650.960.960.230.90.990.950.810.920.750.560.750.940.31
0.990.480.990.980.980.960.930.950.980.461.00.830.990.920.310.990.890.950.920.970.890.680.81.00.33
0.940.510.940.960.960.970.850.950.990.60.960.920.950.90.490.960.80.840.870.870.840.850.750.940.49
0.980.440.980.980.980.990.910.980.990.590.990.880.980.940.40.980.870.890.890.910.850.790.760.980.44
0.520.030.50.560.420.620.520.460.60.590.50.470.520.580.40.50.520.40.40.330.240.70.440.470.52
0.990.490.990.980.980.970.921.00.960.990.50.850.990.930.350.990.880.930.910.960.880.710.790.990.34
0.810.580.810.820.880.850.650.830.920.880.470.850.820.760.530.860.590.680.760.740.780.80.610.810.47
1.00.391.00.990.970.980.960.990.950.980.520.990.820.950.320.980.930.950.90.960.860.690.791.00.35
0.960.190.950.970.90.970.960.920.90.940.580.930.760.950.340.910.940.890.810.870.750.650.70.930.34
0.310.320.310.380.340.420.230.310.490.40.40.350.530.320.340.410.210.180.430.210.430.50.350.270.25
0.980.50.980.970.970.970.90.990.960.980.50.990.860.980.910.410.860.920.90.940.870.70.770.980.33
0.940.10.930.930.820.90.990.890.80.870.520.880.590.930.940.210.860.940.780.890.70.490.730.910.26
0.960.30.960.940.880.890.950.950.840.890.40.930.680.950.890.180.920.940.840.980.810.530.850.950.28
0.890.520.90.880.910.860.810.920.870.890.40.910.760.90.810.430.90.780.840.890.980.690.860.910.28
0.960.430.970.940.930.90.920.970.870.910.330.960.740.960.870.210.940.890.980.890.870.550.830.970.26
0.850.560.860.830.90.810.750.890.840.850.240.880.780.860.750.430.870.70.810.980.870.660.820.870.26
0.680.440.660.710.740.750.560.680.850.790.70.710.80.690.650.50.70.490.530.690.550.660.650.680.76
0.790.360.80.780.740.740.750.80.750.760.440.790.610.790.70.350.770.730.850.860.830.820.650.80.5
0.990.441.00.980.980.960.941.00.940.980.470.990.811.00.930.270.980.910.950.910.970.870.680.80.33
0.350.120.330.370.370.40.310.330.490.440.520.340.470.350.340.250.330.260.280.280.260.260.760.50.33
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Xiamen CD Account Relationship Matchups

Xiamen CD fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets387.2B602.5B664.8B820.9B944.0B991.2B
Other Current Liab160.7B286.3B310.0B25.2B29.0B55.9B
Total Current Liabilities212.6B356.2B392.0B457.0B525.6B551.9B
Total Stockholder Equity38.4B50.8B58.5B69.5B79.9B83.9B
Other Liab8.0B6.7B16.7B19.6B22.6B23.7B
Retained Earnings30.1B34.7B37.0B47.3B54.4B57.1B
Accounts Payable23.7B31.9B66.1B93.1B107.0B112.4B
Cash53.8B90.3B96.5B98.3B113.1B118.8B
Other Assets19.4B23.3B28.2B29.0B33.4B35.0B
Long Term Debt71.8B89.1B89.8B104.6B120.3B126.3B
Net Receivables4.6B8.2B13.2B20.9B24.1B25.3B
Inventory222.1B346.8B361.5B370.2B425.7B447.0B
Other Current Assets30.5B37.8B20.7B25.3B29.1B30.6B
Total Liab301.1B465.5B499.4B596.2B685.6B719.9B
Intangible Assets830.3M880.4M1.1B1.8B2.0B2.1B
Property Plant Equipment2.1B2.2B2.7B3.8B4.4B4.6B
Short Term Investments367.2M697.4M1.9B2.8B3.3B3.4B
Good Will205.4M853.6M896.5M1.0B1.2B1.2B
Net Tangible Assets31.8B37.4B49.1B56.5B65.0B36.3B
Other Stockholder Equity(30.4M)409.9M2.6B10.2B11.7B12.3B
Deferred Long Term Liab451.4M400.5M770.2M978.3M1.1B593.4M
Short Long Term Debt1.7B9.0B9.1B9.6B11.1B6.2B
Total Current Assets348.5B550.7B599.2B629.8B724.3B760.5B
Non Current Assets Total38.6B51.8B65.5B191.1B219.7B230.7B
Non Currrent Assets Other2.6B1.1B1.3B5.6B6.5B6.8B
Non Current Liabilities Total88.5B109.3B107.4B139.2B160.0B87.5B
Non Current Liabilities Other10.2B16.5B12.8B14.4B16.6B8.7B
Net Debt19.7B7.9B2.4B15.9B14.3B14.8B
Common Stock Shares Outstanding2.9B2.9B3.0B3.0B3.5B3.2B
Net Invested Capital111.9B149.0B157.4B183.7B211.3B132.5B
Net Working Capital136.0B194.4B207.2B172.8B198.7B151.0B
Capital Stock2.9B2.9B3.0B3.0B3.5B3.2B
Property Plant And Equipment Net2.7B3.8B7.2B12.3B14.1B14.8B
Property Plant And Equipment Gross3.9B5.2B7.2B14.1B16.2B17.0B

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Other Information on Investing in Xiamen Stock

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