New Net Invested Capital vs Retained Earnings Analysis

601336 Stock

47.36 1.35 2.93%

New China financial indicator trend analysis is infinitely more than just investigating New China Life recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New China Life is a good investment. Please check the relationship between New China Net Invested Capital and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New China Life. 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 Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New China Life Net Invested Capital account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between New China's Net Invested Capital and Retained Earnings is 0.91. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of New China Life, assuming nothing else is changed. The correlation between historical values of New China's Net Invested Capital and Retained Earnings 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 Invested Capital of New China Life are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Invested Capital i.e., New China's Net Invested Capital and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.

Most indicators from New China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New China Life 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 New China Life. 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.

As of December 1, 2024, Selling General Administrative is expected to decline to about 2.3 B. The current year's Tax Provision is expected to grow to about (3 B)

	2023	2024 (projected)
Operating Income	15.8B	16.6B
Total Revenue	72.2B	68.6B

Operating Income Total Revenue

New China fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Cash	Other Assets	Long Term Debt	Short Term Investments	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Accounts Payable	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Common Stock Shares Outstanding	Net Invested Capital	Capital Stock	Property Plant And Equipment Net
Total Assets		0.96	0.83	0.02	0.83	0.35	0.8	1.0	0.9	0.61	0.86	0.87	0.72	0.35	0.89	-0.6	0.86	0.68	-0.24	-0.75	0.88	0.17	-0.25	0.85	-0.25	0.72
Total Stockholder Equity	0.96		0.82	-0.06	0.82	0.24	0.85	0.95	0.93	0.62	0.85	0.84	0.76	0.43	0.87	-0.54	0.79	0.51	-0.06	-0.73	0.78	-0.02	-0.15	0.81	-0.15	0.65
Other Liab	0.83	0.82		-0.19	0.99	0.14	0.92	0.83	0.79	0.38	0.95	0.97	0.7	0.46	0.84	-0.63	0.75	0.52	-0.41	-0.78	0.83	-0.02	-0.59	0.84	-0.59	0.83
Cash	0.02	-0.06	-0.19		-0.22	0.69	-0.42	0.03	-0.26	0.44	-0.2	-0.17	-0.14	-0.35	-0.11	-0.13	0.0	0.29	0.05	0.08	-0.02	0.57	0.02	-0.07	0.02	-0.03
Other Assets	0.83	0.82	0.99	-0.22		0.11	0.93	0.83	0.83	0.4	0.96	0.97	0.67	0.53	0.82	-0.55	0.72	0.48	-0.43	-0.75	0.81	-0.09	-0.58	0.82	-0.58	0.79
Long Term Debt	0.35	0.24	0.14	0.69	0.11		-0.04	0.36	0.12	0.54	0.14	0.19	0.13	-0.05	0.15	-0.31	0.19	0.46	-0.08	-0.28	0.25	0.53	-0.24	0.19	-0.24	0.18
Short Term Investments	0.8	0.85	0.92	-0.42	0.93	-0.04		0.79	0.85	0.38	0.92	0.91	0.73	0.61	0.81	-0.47	0.66	0.33	-0.25	-0.76	0.74	-0.29	-0.44	0.77	-0.44	0.68
Total Liab	1.0	0.95	0.83	0.03	0.83	0.36	0.79		0.89	0.61	0.86	0.86	0.71	0.34	0.89	-0.61	0.86	0.69	-0.26	-0.75	0.88	0.19	-0.26	0.85	-0.26	0.73
Intangible Assets	0.9	0.93	0.79	-0.26	0.83	0.12	0.85	0.89		0.47	0.83	0.81	0.68	0.51	0.8	-0.37	0.7	0.42	-0.17	-0.63	0.73	-0.15	-0.14	0.73	-0.14	0.56
Common Stock	0.61	0.62	0.38	0.44	0.4	0.54	0.38	0.61	0.47		0.41	0.41	0.26	0.19	0.33	-0.16	0.3	0.22	-0.16	-0.28	0.34	-0.02	-0.14	0.3	-0.14	0.23
Property Plant Equipment	0.86	0.85	0.95	-0.2	0.96	0.14	0.92	0.86	0.83	0.41		0.99	0.78	0.52	0.91	-0.67	0.81	0.57	-0.31	-0.84	0.88	0.02	-0.59	0.92	-0.59	0.87
Retained Earnings	0.87	0.84	0.97	-0.17	0.97	0.19	0.91	0.86	0.81	0.41	0.99		0.75	0.46	0.9	-0.69	0.81	0.6	-0.37	-0.83	0.89	0.06	-0.63	0.91	-0.63	0.89
Other Current Liab	0.72	0.76	0.7	-0.14	0.67	0.13	0.73	0.71	0.68	0.26	0.78	0.75		0.28	0.86	-0.76	0.8	0.52	0.2	-0.8	0.77	0.07	-0.3	0.87	-0.3	0.67
Total Current Liabilities	0.35	0.43	0.46	-0.35	0.53	-0.05	0.61	0.34	0.51	0.19	0.52	0.46	0.28		0.36	0.1	0.08	0.02	-0.08	-0.57	0.31	-0.38	-0.23	0.29	-0.23	0.18
Net Tangible Assets	0.89	0.87	0.84	-0.11	0.82	0.15	0.81	0.89	0.8	0.33	0.91	0.9	0.86	0.36		-0.77	0.95	0.74	-0.11	-0.86	0.96	0.24	-0.38	0.98	-0.38	0.86
Accounts Payable	-0.6	-0.54	-0.63	-0.13	-0.55	-0.31	-0.47	-0.61	-0.37	-0.16	-0.67	-0.69	-0.76	0.1	-0.77		-0.85	-0.76	0.05	0.74	-0.76	-0.54	0.51	-0.86	0.51	-0.88
Net Receivables	0.86	0.79	0.75	0.0	0.72	0.19	0.66	0.86	0.7	0.3	0.81	0.81	0.8	0.08	0.95	-0.85		0.82	-0.15	-0.75	0.94	0.41	-0.34	0.96	-0.34	0.87
Other Current Assets	0.68	0.51	0.52	0.29	0.48	0.46	0.33	0.69	0.42	0.22	0.57	0.6	0.52	0.02	0.74	-0.76	0.82		-0.32	-0.69	0.84	0.79	-0.35	0.76	-0.35	0.73
Other Stockholder Equity	-0.24	-0.06	-0.41	0.05	-0.43	-0.08	-0.25	-0.26	-0.17	-0.16	-0.31	-0.37	0.2	-0.08	-0.11	0.05	-0.15	-0.32		0.08	-0.31	-0.13	0.54	-0.13	0.54	-0.33
Deferred Long Term Liab	-0.75	-0.73	-0.78	0.08	-0.75	-0.28	-0.76	-0.75	-0.63	-0.28	-0.84	-0.83	-0.8	-0.57	-0.86	0.74	-0.75	-0.69	0.08		-0.84	-0.25	0.47	-0.87	0.47	-0.76
Long Term Investments	0.88	0.78	0.83	-0.02	0.81	0.25	0.74	0.88	0.73	0.34	0.88	0.89	0.77	0.31	0.96	-0.76	0.94	0.84	-0.31	-0.84		0.36	-0.5	0.95	-0.5	0.86
Total Current Assets	0.17	-0.02	-0.02	0.57	-0.09	0.53	-0.29	0.19	-0.15	-0.02	0.02	0.06	0.07	-0.38	0.24	-0.54	0.41	0.79	-0.13	-0.25	0.36		-0.15	0.3	-0.15	0.37
Common Stock Shares Outstanding	-0.25	-0.15	-0.59	0.02	-0.58	-0.24	-0.44	-0.26	-0.14	-0.14	-0.59	-0.63	-0.3	-0.23	-0.38	0.51	-0.34	-0.35	0.54	0.47	-0.5	-0.15		-0.49	1.0	-0.66
Net Invested Capital	0.85	0.81	0.84	-0.07	0.82	0.19	0.77	0.85	0.73	0.3	0.92	0.91	0.87	0.29	0.98	-0.86	0.96	0.76	-0.13	-0.87	0.95	0.3	-0.49		-0.49	0.92
Capital Stock	-0.25	-0.15	-0.59	0.02	-0.58	-0.24	-0.44	-0.26	-0.14	-0.14	-0.59	-0.63	-0.3	-0.23	-0.38	0.51	-0.34	-0.35	0.54	0.47	-0.5	-0.15	1.0	-0.49		-0.66
Property Plant And Equipment Net	0.72	0.65	0.83	-0.03	0.79	0.18	0.68	0.73	0.56	0.23	0.87	0.89	0.67	0.18	0.86	-0.88	0.87	0.73	-0.33	-0.76	0.86	0.37	-0.66	0.92	-0.66

Click cells to compare fundamentals

New China Account Relationship Matchups

New China fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	879.0B	1.0T	1.1T	1.3T	1.4T	772.7B
Total Stockholder Equity	84.5B	101.7B	108.5B	102.9B	105.1B	63.0B
Other Liab	667.7B	822.4B	925.8B	1.1T	1.2T	1.3T
Cash	11.8B	13.0B	15.5B	17.6B	21.8B	14.0B
Other Assets	52.4B	51.0B	55.8B	66.7B	76.7B	80.6B
Short Term Investments	387.3B	426.7B	403.4B	375.7B	432.0B	453.6B
Total Liab	794.5B	902.7B	1.0T	1.2T	1.3T	709.7B
Intangible Assets	3.7B	3.8B	3.8B	4.0B	4.1B	2.2B
Property Plant Equipment	15.5B	16.9B	19.2B	18.7B	21.5B	22.6B
Retained Earnings	53.5B	63.4B	74.0B	79.3B	92.1B	96.7B
Other Current Liab	6.7B	11.4B	8.1B	7.5B	8.6B	7.5B
Total Current Liabilities	125.9B	69.7B	80.0B	66.5B	76.5B	86.1B
Net Tangible Assets	80.7B	97.9B	104.7B	98.9B	113.7B	85.2B
Accounts Payable	45.9B	9.0B	9.3B	8.7B	7.8B	7.4B
Net Receivables	2.5B	6.0B	6.8B	7.0B	8.1B	4.4B
Other Current Assets	12.6B	13.5B	16.8B	21.0B	24.1B	14.7B
Other Stockholder Equity	4.0B	11.2B	7.4B	(3.5B)	(4.1B)	(3.9B)
Deferred Long Term Liab	593M	650M	425M	439M	395.1M	424.1M
Long Term Investments	662.8B	736.8B	780.0B	839.1B	1.1T	750.7B
Total Current Assets	55.5B	63.9B	110.5B	130.7B	150.3B	85.6B
Net Invested Capital	84.5B	111.7B	118.5B	112.9B	125.3B	108.4B

Currently Active Assets on Macroaxis

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C
MSFT	Microsoft
GM	General Motors

Other Information on Investing in New Stock

Balance Sheet is a snapshot of the financial position of New China Life at a specified time, usually calculated after every quarter, six months, or one year. New China Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of New China 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 New 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

New Net Invested Capital vs Retained Earnings Analysis

Net Invested Capital vs Retained Earnings

Net Invested Capital vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Invested Capital

Retained Earnings

New China fundamental ratios Correlations

New China Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New China fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in New Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Other Assets	+ 0.99	Other Liab
Retained Earnings	+ 0.99	Property Plant Equipment
Net Invested Capital	+ 0.98	Net Tangible Assets
Retained Earnings	+ 0.97	Other Liab

Property Plant And Equipment Net	- 0.88	Accounts Payable
Net Invested Capital	- 0.87	Deferred Long Term Liab
Net Invested Capital	- 0.86	Accounts Payable
Deferred Long Term Liab	- 0.86	Net Tangible Assets
Net Receivables	- 0.85	Accounts Payable
Long Term Investments	- 0.84	Deferred Long Term Liab