Zhangzhou Net Receivables vs Other Current Assets Analysis

600436 Stock

201.87 0.87 0.43%

Zhangzhou Pientzehuang financial indicator trend analysis is more than just analyzing Zhangzhou Pientzehuang current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhangzhou Pientzehuang is a good investment. Please check the relationship between Zhangzhou Pientzehuang Net Receivables and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhangzhou Pientzehuang Pharmaceutical. 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.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhangzhou Pientzehuang Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhangzhou Pientzehuang's Net Receivables and Other Current Assets is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zhangzhou Pientzehuang Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Zhangzhou Pientzehuang's Net Receivables and Other Current 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 Net Receivables of Zhangzhou Pientzehuang Pharmaceutical are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Zhangzhou Pientzehuang's Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Zhangzhou Pientzehuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhangzhou Pientzehuang 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 Zhangzhou Pientzehuang Pharmaceutical. 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 846.2 M, whereas Tax Provision is forecasted to decline to about 328.2 M.

	2022	2023	2024	2025 (projected)
Operating Income	2.9B	3.3B	3.8B	3.9B
Total Revenue	8.7B	10.1B	11.6B	12.1B

Operating Income Total Revenue

Zhangzhou Pientzehuang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Long Term Debt	Intangible Assets	Short Term Investments	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.11	0.99	1.0	0.95	1.0	0.98	0.3	0.7	0.96	0.99	0.82	1.0	0.79	0.85	-0.6	0.85	-0.22	-0.12	0.88	-0.58	0.8	0.8	0.99	0.76	0.74
Other Current Liab	0.11		0.16	0.1	0.28	0.16	-0.07	0.81	0.1	0.08	0.11	-0.45	0.12	0.32	-0.05	-0.36	0.22	-0.17	0.59	0.31	0.34	0.52	0.32	0.05	0.0	0.31
Total Current Liabilities	0.99	0.16		0.99	0.94	0.99	0.97	0.34	0.68	0.97	0.99	0.79	0.99	0.83	0.79	-0.68	0.84	-0.19	-0.07	0.89	-0.58	0.83	0.86	0.98	0.71	0.7
Total Stockholder Equity	1.0	0.1	0.99		0.95	1.0	0.98	0.3	0.7	0.95	0.99	0.83	0.99	0.78	0.85	-0.59	0.84	-0.21	-0.14	0.88	-0.58	0.8	0.79	0.99	0.77	0.74
Other Liab	0.95	0.28	0.94	0.95		0.96	0.89	0.46	0.71	0.9	0.94	0.68	0.95	0.83	0.78	-0.55	0.9	-0.3	0.05	0.87	-0.45	0.83	0.8	0.92	0.76	0.79
Retained Earnings	1.0	0.16	0.99	1.0	0.96		0.97	0.33	0.71	0.94	0.98	0.79	0.99	0.78	0.83	-0.63	0.84	-0.18	-0.1	0.9	-0.58	0.82	0.8	0.99	0.77	0.76
Accounts Payable	0.98	-0.07	0.97	0.98	0.89	0.97		0.16	0.68	0.96	0.97	0.89	0.98	0.76	0.84	-0.56	0.82	-0.19	-0.21	0.83	-0.69	0.71	0.78	0.98	0.73	0.66
Cash	0.3	0.81	0.34	0.3	0.46	0.33	0.16		0.2	0.29	0.33	-0.19	0.31	0.53	0.1	-0.45	0.34	-0.28	0.53	0.4	0.27	0.68	0.51	0.23	0.1	0.37
Other Assets	0.7	0.1	0.68	0.7	0.71	0.71	0.68	0.2		0.56	0.67	0.57	0.7	0.4	0.72	-0.2	0.5	-0.32	-0.23	0.67	-0.3	0.59	0.44	0.72	0.72	0.73
Net Receivables	0.96	0.08	0.97	0.95	0.9	0.94	0.96	0.29	0.56		0.97	0.79	0.96	0.89	0.74	-0.67	0.85	-0.24	-0.02	0.81	-0.64	0.75	0.87	0.93	0.59	0.55
Inventory	0.99	0.11	0.99	0.99	0.94	0.98	0.97	0.33	0.67	0.97		0.82	0.99	0.82	0.82	-0.61	0.84	-0.25	-0.11	0.86	-0.56	0.82	0.83	0.97	0.72	0.69
Other Current Assets	0.82	-0.45	0.79	0.83	0.68	0.79	0.89	-0.19	0.57	0.79	0.82		0.81	0.49	0.74	-0.36	0.6	-0.04	-0.49	0.61	-0.61	0.44	0.51	0.85	0.7	0.51
Total Liab	1.0	0.12	0.99	0.99	0.95	0.99	0.98	0.31	0.7	0.96	0.99	0.81		0.82	0.84	-0.6	0.86	-0.24	-0.1	0.88	-0.6	0.8	0.83	0.98	0.74	0.72
Common Stock	0.79	0.32	0.83	0.78	0.83	0.78	0.76	0.53	0.4	0.89	0.82	0.49	0.82		0.52	-0.65	0.85	-0.34	0.32	0.68	-0.5	0.76	0.94	0.71	0.38	0.44
Property Plant Equipment	0.85	-0.05	0.79	0.85	0.78	0.83	0.84	0.1	0.72	0.74	0.82	0.74	0.84	0.52		-0.18	0.66	-0.45	-0.3	0.7	-0.58	0.52	0.51	0.83	0.71	0.64
Long Term Debt	-0.6	-0.36	-0.68	-0.59	-0.55	-0.63	-0.56	-0.45	-0.2	-0.67	-0.61	-0.36	-0.6	-0.65	-0.18		-0.44	-0.29	-0.19	-0.64	0.31	-0.72	-0.69	-0.61	-0.29	-0.4
Intangible Assets	0.85	0.22	0.84	0.84	0.9	0.84	0.82	0.34	0.5	0.85	0.84	0.6	0.86	0.85	0.66	-0.44		-0.3	0.12	0.72	-0.55	0.67	0.81	0.79	0.63	0.64
Short Term Investments	-0.22	-0.17	-0.19	-0.21	-0.3	-0.18	-0.19	-0.28	-0.32	-0.24	-0.25	-0.04	-0.24	-0.34	-0.45	-0.29	-0.3		-0.22	-0.12	0.07	-0.18	-0.25	-0.1	-0.01	-0.04
Treasury Stock	-0.12	0.59	-0.07	-0.14	0.05	-0.1	-0.21	0.53	-0.23	-0.02	-0.11	-0.49	-0.1	0.32	-0.3	-0.19	0.12	-0.22		0.1	0.11	0.24	0.24	-0.21	-0.28	-0.01
Net Tangible Assets	0.88	0.31	0.89	0.88	0.87	0.9	0.83	0.4	0.67	0.81	0.86	0.61	0.88	0.68	0.7	-0.64	0.72	-0.12	0.1		-0.46	0.88	0.78	0.88	0.81	0.85
Other Stockholder Equity	-0.58	0.34	-0.58	-0.58	-0.45	-0.58	-0.69	0.27	-0.3	-0.64	-0.56	-0.61	-0.6	-0.5	-0.58	0.31	-0.55	0.07	0.11	-0.46		-0.2	-0.5	-0.58	-0.34	-0.23
Deferred Long Term Liab	0.8	0.52	0.83	0.8	0.83	0.82	0.71	0.68	0.59	0.75	0.82	0.44	0.8	0.76	0.52	-0.72	0.67	-0.18	0.24	0.88	-0.2		0.84	0.78	0.62	0.75
Long Term Investments	0.8	0.32	0.86	0.79	0.8	0.8	0.78	0.51	0.44	0.87	0.83	0.51	0.83	0.94	0.51	-0.69	0.81	-0.25	0.24	0.78	-0.5	0.84		0.75	0.5	0.53
Total Current Assets	0.99	0.05	0.98	0.99	0.92	0.99	0.98	0.23	0.72	0.93	0.97	0.85	0.98	0.71	0.83	-0.61	0.79	-0.1	-0.21	0.88	-0.58	0.78	0.75		0.79	0.75
Non Current Assets Total	0.76	0.0	0.71	0.77	0.76	0.77	0.73	0.1	0.72	0.59	0.72	0.7	0.74	0.38	0.71	-0.29	0.63	-0.01	-0.28	0.81	-0.34	0.62	0.5	0.79		0.93
Non Currrent Assets Other	0.74	0.31	0.7	0.74	0.79	0.76	0.66	0.37	0.73	0.55	0.69	0.51	0.72	0.44	0.64	-0.4	0.64	-0.04	-0.01	0.85	-0.23	0.75	0.53	0.75	0.93

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Zhangzhou Pientzehuang Account Relationship Matchups

Zhangzhou Pientzehuang fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.2B	12.5B	14.6B	17.1B	19.6B	20.6B
Other Current Liab	702.8M	609.4M	699.7M	30.6M	35.2M	33.4M
Total Current Liabilities	1.8B	2.1B	2.5B	2.9B	3.3B	3.5B
Total Stockholder Equity	7.9B	9.7B	11.3B	13.4B	15.4B	16.2B
Other Liab	94.0M	148.7M	159.9M	160.9M	185.1M	194.3M
Retained Earnings	5.9B	7.8B	9.6B	10.0B	11.5B	12.1B
Accounts Payable	239.9M	387.0M	464.9M	673.1M	774.1M	812.8M
Cash	5.2B	7.1B	2.5B	1.2B	1.3B	1.5B
Other Assets	153.2M	396.0M	466.8M	440.3M	506.4M	531.7M
Net Receivables	509.5M	612.3M	744.4M	911.7M	1.0B	1.1B
Inventory	2.2B	2.4B	2.6B	3.4B	3.9B	4.1B
Other Current Assets	292.2M	261.4M	406.6M	9.1B	10.5B	11.0B
Total Liab	1.9B	2.4B	2.8B	3.2B	3.6B	3.8B
Property Plant Equipment	253.4M	275.0M	400.1M	465.6M	535.5M	562.2M
Intangible Assets	259.4M	221.0M	319.4M	291.1M	334.8M	351.5M
Short Term Investments	46.8K	19.2K	13.4K	8.8M	7.9M	9.6M
Net Tangible Assets	6.5B	7.6B	9.5B	11.0B	12.7B	6.8B
Other Stockholder Equity	257.5M	311.6M	200.1M	74.4M	85.6M	81.3M
Deferred Long Term Liab	32.8M	49.4M	44.2M	37.7M	43.3M	29.7M
Total Current Assets	8.3B	10.6B	12.7B	15.1B	17.4B	18.2B
Non Current Assets Total	1.9B	1.9B	1.9B	2.0B	2.3B	1.9B
Non Currrent Assets Other	232.5M	229.0M	212.3M	211.7M	243.5M	136.4M
Non Current Liabilities Total	148.7M	221.5M	269.7M	276.8M	318.3M	209.0M
Short Long Term Debt	718.4M	775.8M	971.0M	989.9M	1.1B	765.8M
Non Current Liabilities Other	57.1M	32.9M	48.5M	51.3M	59.1M	62.0M
Net Invested Capital	8.6B	10.5B	12.3B	14.4B	16.6B	9.9B
Net Working Capital	6.5B	8.5B	10.2B	12.2B	14.0B	7.9B
Property Plant And Equipment Net	261.8M	387.8M	454.0M	602.4M	692.8M	428.3M
Property Plant And Equipment Gross	599.6M	761.5M	454.0M	1.0B	1.2B	745.0M

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

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Zhangzhou Net Receivables vs Other Current Assets Analysis

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Other Current Assets

Zhangzhou Pientzehuang fundamental ratios Correlations

Zhangzhou Pientzehuang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhangzhou Pientzehuang fundamental ratios Accounts

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Other Information on Investing in Zhangzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Liabilities	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets

Deferred Long Term Liab	- 0.72	Long Term Debt
Long Term Investments	- 0.69	Long Term Debt
Other Stockholder Equity	- 0.69	Accounts Payable
Long Term Debt	- 0.68	Total Current Liabilities
Long Term Debt	- 0.67	Net Receivables
Long Term Debt	- 0.65	Common Stock