Zhejiang Free Cash Flow vs Change To Netincome Analysis

600352 Stock

10.56 0.11 1.03%

Zhejiang Longsheng financial indicator trend analysis is more than just analyzing Zhejiang Longsheng current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Longsheng is a good investment. Please check the relationship between Zhejiang Longsheng Free Cash Flow and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Longsheng Group. 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.

Free Cash Flow vs Change To Netincome

Free Cash Flow vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Longsheng Free Cash Flow account and Change To Netincome. At this time, the significance of the direction appears to have weak relationship.

The correlation between Zhejiang Longsheng's Free Cash Flow and Change To Netincome is 0.33. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Zhejiang Longsheng Group, assuming nothing else is changed. The correlation between historical values of Zhejiang Longsheng's Free Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Zhejiang Longsheng Group are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Free Cash Flow i.e., Zhejiang Longsheng's Free Cash Flow and Change To Netincome go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change To Netincome

Most indicators from Zhejiang Longsheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Longsheng 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 Zhejiang Longsheng Group. 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 980.4 M, whereas Tax Provision is forecasted to decline to about 205.5 M.

	2021	2022	2023	2024 (projected)
Operating Income	3.7B	4.1B	2.1B	2.1B
Total Revenue	16.7B	21.2B	15.3B	10.7B

Operating Income Total Revenue

Zhejiang Longsheng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.64	0.94	0.98	0.97	0.77	0.88	0.96	-0.02	0.99	0.65	0.98	0.66	0.9	0.89	0.95	0.7	0.62	0.44	0.85	-0.72	-0.43	0.92	0.91	0.95	0.89
Other Current Liab	0.64		0.72	0.61	0.6	0.57	0.63	0.47	-0.12	0.61	0.79	0.66	0.23	0.48	0.59	0.55	0.45	0.29	0.13	0.57	-0.81	-0.52	0.53	0.71	0.63	0.54
Total Current Liabilities	0.94	0.72		0.95	0.95	0.76	0.93	0.88	-0.21	0.91	0.64	0.9	0.46	0.78	0.87	0.83	0.84	0.35	0.25	0.87	-0.75	-0.55	0.78	0.87	0.9	0.74
Total Stockholder Equity	0.98	0.61	0.95		1.0	0.8	0.91	0.94	-0.11	0.96	0.61	0.93	0.6	0.87	0.9	0.92	0.76	0.49	0.3	0.9	-0.7	-0.45	0.86	0.87	0.93	0.82
Retained Earnings	0.97	0.6	0.95	1.0		0.8	0.9	0.93	-0.17	0.96	0.61	0.91	0.57	0.83	0.86	0.9	0.77	0.47	0.28	0.92	-0.72	-0.44	0.87	0.88	0.95	0.82
Accounts Payable	0.77	0.57	0.76	0.8	0.8		0.6	0.64	-0.11	0.74	0.7	0.71	0.55	0.6	0.69	0.7	0.54	0.36	0.19	0.85	-0.68	-0.39	0.72	0.75	0.79	0.67
Cash	0.88	0.63	0.93	0.91	0.9	0.6		0.89	-0.28	0.86	0.44	0.82	0.35	0.79	0.84	0.8	0.84	0.29	0.2	0.83	-0.62	-0.54	0.74	0.76	0.83	0.69
Other Assets	0.96	0.47	0.88	0.94	0.93	0.64	0.89		-0.03	0.97	0.48	0.94	0.62	0.9	0.85	0.94	0.7	0.62	0.47	0.81	-0.55	-0.35	0.91	0.82	0.91	0.86
Net Receivables	-0.02	-0.12	-0.21	-0.11	-0.17	-0.11	-0.28	-0.03		-0.05	0.11	0.07	0.38	0.18	0.15	0.05	-0.43	0.47	0.25	-0.36	0.29	0.58	-0.02	-0.22	-0.17	0.04
Inventory	0.99	0.61	0.91	0.96	0.96	0.74	0.86	0.97	-0.05		0.64	0.98	0.66	0.87	0.83	0.95	0.67	0.67	0.5	0.85	-0.72	-0.41	0.95	0.93	0.97	0.93
Other Current Assets	0.65	0.79	0.64	0.61	0.61	0.7	0.44	0.48	0.11	0.64		0.68	0.44	0.5	0.52	0.57	0.26	0.49	0.17	0.6	-0.7	-0.14	0.62	0.71	0.69	0.62
Total Liab	0.98	0.66	0.9	0.93	0.91	0.71	0.82	0.94	0.07	0.98	0.68		0.7	0.9	0.85	0.95	0.62	0.73	0.57	0.78	-0.71	-0.41	0.93	0.91	0.94	0.93
Intangible Assets	0.66	0.23	0.46	0.6	0.57	0.55	0.35	0.62	0.38	0.66	0.44	0.7		0.75	0.55	0.76	0.16	0.79	0.68	0.45	-0.38	-0.18	0.73	0.62	0.61	0.73
Common Stock	0.9	0.48	0.78	0.87	0.83	0.6	0.79	0.9	0.18	0.87	0.5	0.9	0.75		0.87	0.93	0.55	0.69	0.55	0.64	-0.51	-0.35	0.82	0.74	0.78	0.8
Property Plant Equipment	0.89	0.59	0.87	0.9	0.86	0.69	0.84	0.85	0.15	0.83	0.52	0.85	0.55	0.87		0.84	0.67	0.44	0.28	0.7	-0.54	-0.37	0.7	0.68	0.75	0.68
Other Liab	0.95	0.55	0.83	0.92	0.9	0.7	0.8	0.94	0.05	0.95	0.57	0.95	0.76	0.93	0.84		0.53	0.73	0.62	0.75	-0.6	-0.45	0.94	0.86	0.89	0.89
Short Term Investments	0.7	0.45	0.84	0.76	0.77	0.54	0.84	0.7	-0.43	0.67	0.26	0.62	0.16	0.55	0.67	0.53		0.01	-0.03	0.75	-0.59	-0.56	0.49	0.61	0.68	0.44
Long Term Debt	0.62	0.29	0.35	0.49	0.47	0.36	0.29	0.62	0.47	0.67	0.49	0.73	0.79	0.69	0.44	0.73	0.01		0.81	0.33	-0.36	0.0	0.77	0.6	0.61	0.82
Good Will	0.44	0.13	0.25	0.3	0.28	0.19	0.2	0.47	0.25	0.5	0.17	0.57	0.68	0.55	0.28	0.62	-0.03	0.81		0.13	-0.2	-0.31	0.61	0.51	0.41	0.66
Net Tangible Assets	0.85	0.57	0.87	0.9	0.92	0.85	0.83	0.81	-0.36	0.85	0.6	0.78	0.45	0.64	0.7	0.75	0.75	0.33	0.13		-0.71	-0.42	0.83	0.82	0.93	0.76
Other Stockholder Equity	-0.72	-0.81	-0.75	-0.7	-0.72	-0.68	-0.62	-0.55	0.29	-0.72	-0.7	-0.71	-0.38	-0.51	-0.54	-0.6	-0.59	-0.36	-0.2	-0.71		0.56	-0.62	-0.88	-0.77	-0.7
Deferred Long Term Liab	-0.43	-0.52	-0.55	-0.45	-0.44	-0.39	-0.54	-0.35	0.58	-0.41	-0.14	-0.41	-0.18	-0.35	-0.37	-0.45	-0.56	0.0	-0.31	-0.42	0.56		-0.35	-0.56	-0.4	-0.3
Long Term Investments	0.92	0.53	0.78	0.86	0.87	0.72	0.74	0.91	-0.02	0.95	0.62	0.93	0.73	0.82	0.7	0.94	0.49	0.77	0.61	0.83	-0.62	-0.35		0.89	0.95	0.96
Short Long Term Debt	0.91	0.71	0.87	0.87	0.88	0.75	0.76	0.82	-0.22	0.93	0.71	0.91	0.62	0.74	0.68	0.86	0.61	0.6	0.51	0.82	-0.88	-0.56	0.89		0.94	0.91
Total Current Assets	0.95	0.63	0.9	0.93	0.95	0.79	0.83	0.91	-0.17	0.97	0.69	0.94	0.61	0.78	0.75	0.89	0.68	0.61	0.41	0.93	-0.77	-0.4	0.95	0.94		0.92
Short Term Debt	0.89	0.54	0.74	0.82	0.82	0.67	0.69	0.86	0.04	0.93	0.62	0.93	0.73	0.8	0.68	0.89	0.44	0.82	0.66	0.76	-0.7	-0.3	0.96	0.91	0.92

Click cells to compare fundamentals

Zhejiang Longsheng Account Relationship Matchups

Zhejiang Longsheng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	51.6B	56.3B	65.7B	65.2B	67.8B	71.2B
Other Current Liab	2.1B	5.8B	7.9B	2.4B	4.9B	5.1B
Total Current Liabilities	10.8B	18.3B	23.1B	24.2B	23.9B	25.1B
Total Stockholder Equity	24.5B	27.7B	30.4B	32.2B	32.9B	34.6B
Retained Earnings	20.3B	23.6B	26.2B	28.4B	28.0B	29.4B
Accounts Payable	3.7B	3.6B	4.5B	4.5B	3.6B	1.9B
Cash	4.0B	6.6B	6.9B	6.9B	10.9B	11.4B
Other Assets	4.4B	3.9B	4.1B	5.6B	6.4B	6.7B
Net Receivables	7.1B	2.3B	2.4B	2.3B	2.0B	3.0B
Inventory	22.6B	23.8B	28.2B	28.6B	29.3B	30.8B
Other Current Assets	915.9M	1.5B	1.7B	1.1B	917.5M	679.2M
Total Liab	24.8B	26.2B	32.8B	30.4B	32.1B	33.7B
Intangible Assets	790.5M	734.6M	686.6M	693.0M	654.4M	345.1M
Property Plant Equipment	6.8B	6.9B	7.2B	7.5B	8.6B	9.0B
Other Liab	880.8M	979.7M	910.0M	859.3M	988.2M	1.0B
Short Term Investments	52.9M	39.0M	1.3B	1.4B	1.5B	1.5B
Long Term Debt	13.1B	6.9B	8.6B	5.2B	7.2B	5.5B
Good Will	155.1M	145.1M	141.8M	154.9M	135.1M	137.6M
Net Tangible Assets	23.6B	26.8B	29.5B	31.3B	36.0B	23.9B
Other Stockholder Equity	135.6M	(211.8M)	(546.6M)	(94.6M)	(85.1M)	(80.9M)
Deferred Long Term Liab	47.9M	30.0M	21.0M	32.9M	29.6M	27.7M
Short Long Term Debt	3.4B	7.1B	8.3B	7.1B	6.3B	5.9B
Total Current Assets	34.8B	38.2B	44.0B	43.3B	47.0B	38.6B
Non Current Assets Total	16.8B	18.1B	21.7B	21.9B	20.8B	20.0B
Non Currrent Assets Other	286.6M	220.1M	149.3M	72.2M	41.2M	39.1M
Non Current Liabilities Total	13.9B	7.9B	9.6B	6.2B	8.2B	8.8B
Non Current Liabilities Other	49.7M	45.5M	60.1M	61.9M	140.9M	148.0M
Net Debt	12.4B	7.3B	10.1B	5.4B	2.6B	2.5B
Net Invested Capital	41.0B	41.7B	47.3B	44.5B	46.4B	46.8B
Net Working Capital	23.9B	19.8B	20.9B	19.1B	23.1B	23.1B

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in Zhejiang Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Zhejiang Free Cash Flow vs Change To Netincome Analysis

Free Cash Flow vs Change To Netincome

Free Cash Flow vs Change To Netincome Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change To Netincome

Zhejiang Longsheng fundamental ratios Correlations

Zhejiang Longsheng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Longsheng fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Inventory	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Inventory
Retained Earnings	+ 0.97	Total Assets

Short Long Term Debt	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.81	Other Current Liab
Total Current Assets	- 0.77	Other Stockholder Equity
Other Stockholder Equity	- 0.75	Total Current Liabilities
Other Stockholder Equity	- 0.72	Inventory
Other Stockholder Equity	- 0.72	Retained Earnings