Zhangzhou Total Stockholder Equity vs Total Assets Analysis

600436 Stock   233.11  0.65  0.28%   
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 Total Stockholder Equity and its Total 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.

Total Stockholder Equity vs Total Assets

Total Stockholder Equity vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhangzhou Pientzehuang Total Stockholder Equity account and Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Zhangzhou Pientzehuang's Total Stockholder Equity and Total Assets is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total 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 Total Stockholder Equity and Total 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 Total Stockholder Equity of Zhangzhou Pientzehuang Pharmaceutical are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Stockholder Equity i.e., Zhangzhou Pientzehuang's Total Stockholder Equity and Total Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Assets

Total assets refers to the total amount of Zhangzhou Pientzehuang assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Zhangzhou Pientzehuang books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 735.8 M, whereas Tax Provision is forecasted to decline to about 328.2 M.
 2021 2022 2023 2024 (projected)
Operating Income2.8B2.9B3.3B3.4B
Total Revenue8.0B8.7B10.1B10.6B

Zhangzhou Pientzehuang fundamental ratios Correlations

0.310.981.00.970.990.970.440.670.940.990.731.00.820.82-0.60.82-0.25-0.130.89-0.50.830.820.910.70.7
0.310.350.30.380.350.110.810.170.260.3-0.390.320.380.01-0.430.37-0.180.690.460.280.610.380.420.230.46
0.980.350.980.940.980.960.470.650.960.980.690.990.860.74-0.690.8-0.21-0.060.89-0.50.860.880.910.630.66
1.00.30.980.960.990.970.430.680.930.990.740.990.80.82-0.60.81-0.24-0.150.89-0.50.830.810.910.710.71
0.970.380.940.960.960.910.520.690.890.950.650.960.830.77-0.530.87-0.3-0.010.86-0.390.820.790.880.750.77
0.990.350.980.990.960.960.450.680.920.980.690.990.80.79-0.630.8-0.2-0.10.91-0.50.840.810.930.720.74
0.970.110.960.970.910.960.280.670.940.960.830.970.80.83-0.560.78-0.22-0.250.82-0.650.720.820.860.640.6
0.440.810.470.430.520.450.280.230.420.47-0.150.450.560.13-0.480.42-0.280.580.480.250.730.540.460.220.46
0.670.170.650.680.690.680.670.230.50.640.540.680.370.71-0.170.43-0.33-0.290.64-0.250.560.420.650.730.7
0.940.260.960.930.890.920.940.420.50.950.690.950.930.68-0.680.81-0.270.020.79-0.570.770.890.830.440.46
0.990.30.980.990.950.980.960.470.640.950.730.990.850.79-0.610.81-0.29-0.110.87-0.470.850.850.890.640.65
0.73-0.390.690.740.650.690.83-0.150.540.690.730.710.470.73-0.310.48-0.04-0.670.53-0.540.380.50.580.550.38
1.00.320.990.990.960.990.970.450.680.950.990.710.840.81-0.60.83-0.27-0.090.88-0.520.830.850.910.670.68
0.820.380.860.80.830.80.80.560.370.930.850.470.840.5-0.640.85-0.350.30.68-0.480.750.930.70.320.41
0.820.010.740.820.770.790.830.130.710.680.790.730.810.5-0.140.58-0.47-0.380.67-0.540.480.490.690.660.58
-0.6-0.43-0.69-0.6-0.53-0.63-0.56-0.48-0.17-0.68-0.61-0.31-0.6-0.64-0.14-0.41-0.3-0.16-0.630.27-0.71-0.68-0.64-0.22-0.36
0.820.370.80.810.870.80.780.420.430.810.810.480.830.850.58-0.41-0.320.180.68-0.480.650.80.70.570.6
-0.25-0.18-0.21-0.24-0.3-0.2-0.22-0.28-0.33-0.27-0.29-0.04-0.27-0.35-0.47-0.3-0.32-0.22-0.120.07-0.18-0.25-0.130.01-0.04
-0.130.69-0.06-0.15-0.01-0.1-0.250.58-0.290.02-0.11-0.67-0.090.3-0.38-0.160.18-0.220.020.20.20.21-0.02-0.31-0.05
0.890.460.890.890.860.910.820.480.640.790.870.530.880.680.67-0.630.68-0.120.02-0.370.880.781.00.740.81
-0.50.28-0.5-0.5-0.39-0.5-0.650.25-0.25-0.57-0.47-0.54-0.52-0.48-0.540.27-0.480.070.2-0.37-0.13-0.48-0.41-0.17-0.1
0.830.610.860.830.820.840.720.730.560.770.850.380.830.750.48-0.710.65-0.180.20.88-0.130.830.880.60.73
0.820.380.880.810.790.810.820.540.420.890.850.50.850.930.49-0.680.8-0.250.210.78-0.480.830.80.40.49
0.910.420.910.910.880.930.860.460.650.830.890.580.910.70.69-0.640.7-0.13-0.021.0-0.410.880.80.730.79
0.70.230.630.710.750.720.640.220.730.440.640.550.670.320.66-0.220.570.01-0.310.74-0.170.60.40.730.95
0.70.460.660.710.770.740.60.460.70.460.650.380.680.410.58-0.360.6-0.04-0.050.81-0.10.730.490.790.95
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Zhangzhou Pientzehuang Account Relationship Matchups

Zhangzhou Pientzehuang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.8B10.2B12.5B14.6B17.1B17.9B
Other Current Liab540.4M702.8M609.4M699.7M30.6M29.1M
Total Current Liabilities1.7B1.8B2.1B2.5B2.9B3.0B
Total Stockholder Equity6.6B7.9B9.7B11.3B13.4B14.0B
Other Liab94.0M148.7M159.9M160.9M185.1M194.3M
Retained Earnings4.7B5.9B7.8B9.6B10.0B10.5B
Accounts Payable260.6M239.9M387.0M464.9M673.1M706.8M
Cash4.3B5.2B7.1B2.5B1.2B1.5B
Other Assets153.2M396.0M466.8M440.3M506.4M531.7M
Net Receivables695.4M509.5M612.3M744.4M911.7M957.3M
Inventory2.1B2.2B2.4B2.6B3.4B3.5B
Other Current Assets271.9M292.2M261.4M406.6M9.1B9.6B
Total Liab1.8B1.9B2.4B2.8B3.2B3.3B
Property Plant Equipment253.4M275.0M400.1M465.6M535.5M562.2M
Intangible Assets155.7M259.4M221.0M319.4M291.1M305.6M
Short Term Investments46.8K19.2K13.4K8.8M7.9M9.6M
Net Tangible Assets6.5B7.6B9.5B11.0B12.7B6.8B
Other Stockholder Equity257.5M311.6M200.1M74.4M85.6M81.3M
Deferred Long Term Liab32.8M49.4M44.2M37.7M43.3M29.7M
Total Current Assets7.4B8.3B10.6B12.7B15.1B8.5B
Non Current Assets Total1.5B1.9B1.9B1.9B2.0B1.9B
Non Currrent Assets Other10.2M232.5M229.0M212.3M211.7M136.4M
Non Current Liabilities Total94.0M148.7M221.5M269.7M276.8M209.0M
Short Long Term Debt696.8M718.4M775.8M971.0M989.9M765.8M
Net Invested Capital7.3B8.6B10.5B12.3B14.4B9.9B
Net Working Capital5.6B6.5B8.5B10.2B12.2B7.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Zhangzhou Stock

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.