Zhuzhou Other Stockholder Equity vs Accounts Payable Analysis

601636 Stock   5.30  0.16  2.93%   
Zhuzhou Kibing financial indicator trend analysis is more than just analyzing Zhuzhou Kibing Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuzhou Kibing Group is a good investment. Please check the relationship between Zhuzhou Kibing Other Stockholder Equity and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuzhou Kibing 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.

Other Stockholder Equity vs Accounts Payable

Other Stockholder Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuzhou Kibing Group Other Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zhuzhou Kibing's Other Stockholder Equity and Accounts Payable is 0.95. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Zhuzhou Kibing Group, assuming nothing else is changed. The correlation between historical values of Zhuzhou Kibing's Other Stockholder Equity 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 Other Stockholder Equity of Zhuzhou Kibing Group 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 Other Stockholder Equity i.e., Zhuzhou Kibing's Other Stockholder Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Stockholder Equity

Accounts Payable

An accounting item on the balance sheet that represents Zhuzhou Kibing 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 Zhuzhou Kibing Group 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 Zhuzhou Kibing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuzhou Kibing Group 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 Zhuzhou Kibing 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.
As of January 11, 2025, Selling General Administrative is expected to decline to about 222.2 M. In addition to that, Tax Provision is expected to decline to about 286 M
 2022 2023 2024 2025 (projected)
Operating Income1.5B2.3B2.7B2.8B
Total Revenue13.3B15.7B18.0B18.9B

Zhuzhou Kibing fundamental ratios Correlations

-0.320.950.950.930.980.910.920.940.920.70.910.980.970.580.640.940.220.810.93-0.440.5-0.270.93-0.660.12
-0.32-0.3-0.12-0.13-0.44-0.290.03-0.53-0.590.09-0.66-0.44-0.130.40.35-0.350.32-0.16-0.340.080.240.34-0.41-0.160.21
0.95-0.30.880.840.930.860.840.880.90.680.870.950.90.540.610.90.080.720.86-0.460.41-0.10.88-0.50.27
0.95-0.120.880.990.910.90.960.810.780.810.780.870.980.710.750.920.250.880.93-0.450.58-0.190.9-0.810.15
0.93-0.130.840.990.90.920.940.780.750.810.770.830.960.660.690.920.180.910.95-0.450.54-0.220.92-0.810.13
0.98-0.440.930.910.90.930.860.960.940.650.940.970.930.460.510.950.120.80.95-0.430.39-0.340.97-0.570.06
0.91-0.290.860.90.920.930.830.820.80.770.840.860.870.430.50.980.030.840.97-0.390.35-0.30.98-0.540.12
0.920.030.840.960.940.860.830.770.720.770.680.830.980.790.820.850.40.830.86-0.390.63-0.170.82-0.820.14
0.94-0.530.880.810.780.960.820.770.980.490.950.980.850.370.430.860.210.670.86-0.360.4-0.410.88-0.48-0.01
0.92-0.590.90.780.750.940.80.720.980.460.970.970.830.330.380.850.070.650.84-0.370.37-0.290.87-0.440.1
0.70.090.680.810.810.650.770.770.490.460.50.590.730.680.80.780.130.860.74-0.250.32-0.140.7-0.620.14
0.91-0.660.870.780.770.940.840.680.950.970.50.940.790.250.330.890.00.690.88-0.380.27-0.350.91-0.410.03
0.98-0.440.950.870.830.970.860.830.980.970.590.940.90.460.530.90.190.70.88-0.410.42-0.30.9-0.50.1
0.97-0.130.90.980.960.930.870.980.850.830.730.790.90.720.740.90.260.850.91-0.460.61-0.160.89-0.780.18
0.580.40.540.710.660.460.430.790.370.330.680.250.460.720.960.470.460.670.48-0.210.70.140.39-0.820.29
0.640.350.610.750.690.510.50.820.430.380.80.330.530.740.960.550.490.720.53-0.20.620.070.45-0.780.24
0.94-0.350.90.920.920.950.980.850.860.850.780.890.90.90.470.550.080.850.98-0.370.37-0.30.98-0.580.1
0.220.320.080.250.180.120.030.40.210.070.130.00.190.260.460.490.080.060.060.040.58-0.230.0-0.43-0.22
0.81-0.160.720.880.910.80.840.830.670.650.860.690.70.850.670.720.850.060.89-0.30.42-0.180.84-0.760.13
0.93-0.340.860.930.950.950.970.860.860.840.740.880.880.910.480.530.980.060.89-0.340.39-0.310.98-0.640.08
-0.440.08-0.46-0.45-0.45-0.43-0.39-0.39-0.36-0.37-0.25-0.38-0.41-0.46-0.21-0.2-0.370.04-0.3-0.34-0.38-0.16-0.420.3-0.23
0.50.240.410.580.540.390.350.630.40.370.320.270.420.610.70.620.370.580.420.39-0.380.280.33-0.770.45
-0.270.34-0.1-0.19-0.22-0.34-0.3-0.17-0.41-0.29-0.14-0.35-0.3-0.160.140.07-0.3-0.23-0.18-0.31-0.160.28-0.320.020.86
0.93-0.410.880.90.920.970.980.820.880.870.70.910.90.890.390.450.980.00.840.98-0.420.33-0.32-0.540.09
-0.66-0.16-0.5-0.81-0.81-0.57-0.54-0.82-0.48-0.44-0.62-0.41-0.5-0.78-0.82-0.78-0.58-0.43-0.76-0.640.3-0.770.02-0.54-0.15
0.120.210.270.150.130.060.120.14-0.010.10.140.030.10.180.290.240.1-0.220.130.08-0.230.450.860.09-0.15
Click cells to compare fundamentals

Zhuzhou Kibing Account Relationship Matchups

Zhuzhou Kibing fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets14.3B20.9B24.4B31.9B36.7B38.5B
Other Current Liab735.4M1.1B190.2M31.1M35.8M34.0M
Total Current Liabilities3.7B4.5B5.8B6.7B7.7B8.1B
Total Stockholder Equity9.5B13.3B12.6B13.5B15.6B16.4B
Retained Earnings4.8B8.1B6.2B7.2B8.3B8.7B
Accounts Payable1.0B1.9B2.4B3.3B3.8B4.0B
Cash909.8M4.4B3.3B3.7B4.2B4.5B
Other Assets690.2M607.1M701.8M1.0B1.2B1.2B
Long Term Debt494.1M2.2B4.9B9.4B10.8B11.3B
Net Receivables139.9M250.7M796.4M1.4B1.6B1.6B
Inventory1.7B2.6B2.0B2.0B2.3B1.4B
Other Current Assets78.3M266.5M865.3M1.2B1.4B1.4B
Total Liab4.8B7.4B11.5B17.0B19.5B20.5B
Intangible Assets1.1B1.4B1.6B1.8B2.1B2.2B
Common Stock2.7B2.7B2.7B2.7B3.1B1.8B
Property Plant Equipment9.2B9.0B9.2B9.9B11.3B6.8B
Other Liab1.2B614.6M563.6M684.3M786.9M917.7M
Net Tangible Assets6.7B7.4B8.4B11.9B13.7B7.9B
Other Stockholder Equity36.7M56.8M31.9M254.2M292.3M307.0M
Deferred Long Term Liab118.9M101.6M66.9M95.2M85.7M75.8M
Short Long Term Debt1.3B494.7M1.1B352.9M317.6M301.7M
Total Current Assets3.3B8.6B7.7B9.1B10.4B10.9B
Non Current Assets Total11.0B12.3B16.7B22.9B26.3B14.4B
Non Currrent Assets Other388.1M595.8M1.4B1.7B2.0B2.1B
Non Current Liabilities Total1.1B2.9B5.7B10.3B11.8B12.4B
Non Current Liabilities Other7.9M5.6M123.0M131.2M118.1M112.2M
Net Debt1.6B851.8M2.7B6.0B6.9B7.3B
Common Stock Shares Outstanding2.7B2.7B2.7B2.7B3.1B3.0B
Net Invested Capital11.2B16.1B18.6B23.3B26.8B15.4B
Net Working Capital(415.9M)4.1B2.0B2.3B2.7B2.8B
Capital Stock2.7B2.7B2.7B2.7B2.4B2.1B
Property Plant And Equipment Net9.2B9.9B13.1B18.7B21.5B13.2B
Property Plant And Equipment Gross14.5B15.6B19.4B25.0B28.8B19.4B

Currently Active Assets on Macroaxis

Other Information on Investing in Zhuzhou Stock

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