Zhengzhou Inventory vs Other Stockholder Equity Analysis

601717 Stock   12.62  0.02  0.16%   
Zhengzhou Coal financial indicator trend analysis is more than just analyzing Zhengzhou Coal Mining current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhengzhou Coal Mining is a good investment. Please check the relationship between Zhengzhou Coal Inventory and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhengzhou Coal Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Inventory vs Other Stockholder Equity

Inventory vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Coal Mining Inventory account and Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zhengzhou Coal's Inventory and Other Stockholder Equity is 0.19. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Zhengzhou Coal Mining, assuming nothing else is changed. The correlation between historical values of Zhengzhou Coal's Inventory and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Zhengzhou Coal Mining are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Inventory i.e., Zhengzhou Coal's Inventory and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Other Stockholder Equity

Most indicators from Zhengzhou Coal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhengzhou Coal Mining 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 Zhengzhou Coal Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 4, 2024, Selling General Administrative is expected to decline to about 973 M. In addition to that, Tax Provision is expected to decline to about 414.8 M
 2021 2022 2023 2024 (projected)
Operating Income2.8B3.5B4.2B4.4B
Total Revenue29.3B32.0B36.4B38.2B

Zhengzhou Coal fundamental ratios Correlations

0.140.980.80.880.970.990.640.580.630.970.850.990.690.550.980.940.890.820.92-0.850.940.050.93-0.270.71
0.140.20.090.460.010.140.10.130.240.07-0.230.230.550.040.30.08-0.070.140.38-0.330.37-0.880.180.55-0.16
0.980.20.750.910.930.990.610.540.620.970.841.00.720.440.970.890.880.810.92-0.890.950.010.95-0.220.67
0.80.090.750.660.820.760.770.510.70.720.660.750.660.840.790.760.670.80.77-0.640.810.00.84-0.190.25
0.880.460.910.660.760.890.560.550.750.80.560.910.90.450.940.780.650.620.93-0.950.92-0.370.840.170.45
0.970.010.930.820.760.940.620.520.550.950.880.930.570.610.920.960.920.830.83-0.750.860.180.89-0.410.75
0.990.140.990.760.890.940.630.60.650.970.840.990.70.490.980.910.860.790.93-0.870.940.040.93-0.220.7
0.640.10.610.770.560.620.630.250.620.560.520.590.460.650.670.460.480.570.55-0.580.6-0.010.63-0.060.19
0.580.130.540.510.550.520.60.250.560.470.340.570.670.470.580.530.320.350.75-0.370.61-0.180.470.020.28
0.630.240.620.70.750.550.650.620.560.490.310.620.850.70.730.540.270.340.72-0.770.67-0.340.60.430.09
0.970.070.970.720.80.950.970.560.470.490.910.970.550.390.920.930.940.860.85-0.80.90.190.93-0.40.78
0.85-0.230.840.660.560.880.840.520.340.310.910.830.280.330.760.810.930.80.65-0.610.720.490.83-0.620.75
0.990.231.00.750.910.930.990.590.570.620.970.830.730.440.980.910.880.820.94-0.890.96-0.020.95-0.210.67
0.690.550.720.660.90.570.70.460.670.850.550.280.730.550.780.60.370.460.87-0.820.82-0.570.70.430.12
0.550.040.440.840.450.610.490.650.470.70.390.330.440.550.570.570.330.410.52-0.40.5-0.140.470.040.1
0.980.30.970.790.940.920.980.670.580.730.920.760.980.780.570.90.80.760.94-0.90.95-0.130.91-0.080.62
0.940.080.890.760.780.960.910.460.530.540.930.810.910.60.570.90.870.80.83-0.750.870.090.86-0.320.73
0.89-0.070.880.670.650.920.860.480.320.270.940.930.880.370.330.80.870.880.71-0.660.790.350.88-0.610.77
0.820.140.810.80.620.830.790.570.350.340.860.80.820.460.410.760.80.880.75-0.60.860.170.92-0.490.47
0.920.380.920.770.930.830.930.550.750.720.850.650.940.870.520.940.830.710.75-0.840.97-0.240.9-0.010.47
-0.85-0.33-0.89-0.64-0.95-0.75-0.87-0.58-0.37-0.77-0.8-0.61-0.89-0.82-0.4-0.9-0.75-0.66-0.6-0.84-0.870.24-0.85-0.17-0.45
0.940.370.950.810.920.860.940.60.610.670.90.720.960.820.50.950.870.790.860.97-0.87-0.170.96-0.090.48
0.05-0.880.010.0-0.370.180.04-0.01-0.18-0.340.190.49-0.02-0.57-0.14-0.130.090.350.17-0.240.24-0.170.05-0.810.39
0.930.180.950.840.840.890.930.630.470.60.930.830.950.70.470.910.860.880.920.9-0.850.960.05-0.260.51
-0.270.55-0.22-0.190.17-0.41-0.22-0.060.020.43-0.4-0.62-0.210.430.04-0.08-0.32-0.61-0.49-0.01-0.17-0.09-0.81-0.26-0.53
0.71-0.160.670.250.450.750.70.190.280.090.780.750.670.120.10.620.730.770.470.47-0.450.480.390.51-0.53
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Zhengzhou Coal Account Relationship Matchups

Zhengzhou Coal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.7B33.7B36.6B44.3B49.2B51.6B
Other Current Liab2.8B4.1B5.0B522.2M643.3M611.2M
Total Current Liabilities12.3B13.6B14.0B19.0B18.9B19.9B
Total Stockholder Equity12.2B13.1B14.8B17.8B20.4B10.4B
Other Liab1.4B1.4B1.7B1.2B1.4B1.4B
Retained Earnings6.3B7.2B8.8B10.6B12.2B12.8B
Accounts Payable6.3B6.5B7.3B9.3B10.6B11.1B
Cash4.7B3.8B3.7B4.4B5.9B3.6B
Other Assets1.7B1.5B1.7B1.6B1.8B1.9B
Net Receivables10.0B5.8B5.7B6.7B7.9B5.1B
Inventory3.6B4.5B6.2B7.8B9.3B9.8B
Other Current Assets447.4M634.6M954.6M2.5B2.4B2.5B
Total Liab16.6B19.7B21.0B25.7B27.3B28.7B
Intangible Assets2.0B2.0B1.6B1.4B1.4B821.7M
Property Plant Equipment4.7B5.4B5.3B5.8B6.6B7.0B
Long Term Debt2.3B3.6B4.6B4.3B6.2B6.5B
Short Term Investments1.4B3.0B3.6B6.2B6.3B6.6B
Net Tangible Assets9.0B10.1B11.1B13.1B15.1B11.4B
Non Current Assets Total9.5B11.2B11.3B10.9B12.7B10.5B
Non Currrent Assets Other101.7M655.2M1.1B311.2M428.8M407.4M
Non Current Liabilities Total4.3B6.0B7.0B6.7B8.4B5.4B
Other Stockholder Equity(78.7M)(183.5M)(98.2M)217.8M196.1M205.9M
Total Current Assets20.2B22.5B25.3B33.4B36.5B24.2B
Good Will677.2M520.4M412.9M131.9M88.3M83.9M
Deferred Long Term Liab581.9M597.6M451.7M601.6M691.8M504.6M
Net Invested Capital15.6B16.9B20.3B22.8B27.2B20.6B
Short Long Term Debt1.1B179.2M890.1M726.4M662.1M713.1M
Non Current Liabilities Other616.7M587.9M443.9M345.6M316.5M349.2M
Net Working Capital7.9B8.9B11.3B14.4B17.6B11.4B

Currently Active Assets on Macroaxis

Other Information on Investing in Zhengzhou Stock

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