Zhengzhou Net Receivables vs Net Tangible Assets Analysis

601717 Stock

13.27 0.37 2.71%

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 Net Receivables and its Net Tangible Assets 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.

Net Receivables vs Net Tangible Assets

Net Receivables vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhengzhou Coal Mining Net Receivables account and Net Tangible Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zhengzhou Coal's Net Receivables and Net Tangible Assets is 0.45. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Tangible Assets 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 Net Receivables and Net Tangible 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 Zhengzhou Coal Mining are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Receivables i.e., Zhengzhou Coal's Net Receivables and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.45

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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 March 2, 2025, 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

	2022	2023	2024	2025 (projected)
Operating Income	3.5B	4.2B	4.8B	5.1B
Total Revenue	32.0B	36.4B	41.9B	44.0B

Operating Income Total Revenue

Zhengzhou Coal 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	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Stockholder Equity	Total Current Assets	Good Will	Common Stock Shares Outstanding
Total Assets		0.03	0.99	0.96	0.84	0.98	0.99	0.69	0.56	0.65	0.98	0.9	0.99	0.66	0.53	0.96	0.96	0.92	0.84	0.91	-0.84	0.92	0.21	0.92	-0.4	0.75
Other Current Liab	0.03		0.09	-0.12	0.42	-0.09	0.03	-0.01	0.11	0.16	-0.04	-0.28	0.11	0.49	0.02	0.25	-0.03	-0.14	0.07	0.26	-0.27	0.24	-0.87	0.05	0.57	-0.22
Total Current Liabilities	0.99	0.09		0.91	0.88	0.94	0.99	0.67	0.54	0.64	0.97	0.88	1.0	0.69	0.44	0.96	0.92	0.91	0.84	0.92	-0.88	0.94	0.17	0.93	-0.36	0.72
Total Stockholder Equity	0.96	-0.12	0.91		0.72	0.99	0.94	0.71	0.52	0.62	0.93	0.89	0.91	0.54	0.65	0.89	0.95	0.9	0.79	0.81	-0.72	0.83	0.31	0.84	-0.49	0.77
Other Liab	0.84	0.42	0.88	0.72		0.74	0.86	0.57	0.56	0.77	0.77	0.58	0.89	0.9	0.47	0.94	0.76	0.65	0.64	0.91	-0.95	0.89	-0.29	0.8	0.09	0.45
Retained Earnings	0.98	-0.09	0.94	0.99	0.74		0.96	0.68	0.5	0.58	0.97	0.92	0.95	0.55	0.57	0.9	0.97	0.95	0.84	0.84	-0.75	0.87	0.32	0.89	-0.52	0.79
Accounts Payable	0.99	0.03	0.99	0.94	0.86	0.96		0.69	0.57	0.67	0.98	0.89	0.99	0.67	0.48	0.96	0.94	0.9	0.82	0.92	-0.86	0.93	0.2	0.92	-0.36	0.74
Cash	0.69	-0.01	0.67	0.71	0.57	0.68	0.69		0.28	0.68	0.65	0.61	0.66	0.49	0.64	0.7	0.58	0.59	0.68	0.65	-0.61	0.7	0.16	0.74	-0.24	0.54
Other Assets	0.56	0.11	0.54	0.52	0.56	0.5	0.57	0.28		0.56	0.46	0.35	0.55	0.67	0.48	0.59	0.51	0.34	0.36	0.73	-0.39	0.58	-0.14	0.46	-0.02	0.29
Net Receivables	0.65	0.16	0.64	0.62	0.77	0.58	0.67	0.68	0.56		0.54	0.4	0.64	0.86	0.71	0.76	0.58	0.37	0.45	0.76	-0.79	0.72	-0.2	0.66	0.26	0.34
Inventory	0.98	-0.04	0.97	0.93	0.77	0.97	0.98	0.65	0.46	0.54		0.94	0.97	0.54	0.4	0.9	0.95	0.96	0.86	0.86	-0.79	0.89	0.33	0.92	-0.51	0.8
Other Current Assets	0.9	-0.28	0.88	0.89	0.58	0.92	0.89	0.61	0.35	0.4	0.94		0.87	0.32	0.34	0.77	0.87	0.95	0.82	0.71	-0.64	0.76	0.56	0.85	-0.68	0.78
Total Liab	0.99	0.11	1.0	0.91	0.89	0.95	0.99	0.66	0.55	0.64	0.97	0.87		0.7	0.45	0.97	0.93	0.91	0.84	0.93	-0.88	0.94	0.14	0.93	-0.35	0.72
Intangible Assets	0.66	0.49	0.69	0.54	0.9	0.55	0.67	0.49	0.67	0.86	0.54	0.32	0.7		0.57	0.8	0.58	0.4	0.51	0.86	-0.83	0.81	-0.47	0.68	0.32	0.24
Common Stock	0.53	0.02	0.44	0.65	0.47	0.57	0.48	0.64	0.48	0.71	0.4	0.34	0.45	0.57		0.58	0.54	0.34	0.42	0.54	-0.42	0.52	-0.09	0.48	-0.01	0.28
Property Plant Equipment	0.96	0.25	0.96	0.89	0.94	0.9	0.96	0.7	0.59	0.76	0.9	0.77	0.97	0.8	0.58		0.89	0.81	0.77	0.94	-0.91	0.93	-0.04	0.88	-0.16	0.62
Long Term Debt	0.96	-0.03	0.92	0.95	0.76	0.97	0.94	0.58	0.51	0.58	0.95	0.87	0.93	0.58	0.54	0.89		0.91	0.82	0.85	-0.75	0.87	0.24	0.87	-0.45	0.78
Short Term Investments	0.92	-0.14	0.91	0.9	0.65	0.95	0.9	0.59	0.34	0.37	0.96	0.95	0.91	0.4	0.34	0.81	0.91		0.88	0.75	-0.68	0.82	0.45	0.88	-0.68	0.79
Net Tangible Assets	0.84	0.07	0.84	0.79	0.64	0.84	0.82	0.68	0.36	0.45	0.86	0.82	0.84	0.51	0.42	0.77	0.82	0.88		0.82	-0.64	0.9	0.26	0.94	-0.55	0.74
Non Current Assets Total	0.91	0.26	0.92	0.81	0.91	0.84	0.92	0.65	0.73	0.76	0.86	0.71	0.93	0.86	0.54	0.94	0.85	0.75	0.82		-0.84	0.98	-0.07	0.91	-0.16	0.6
Non Currrent Assets Other	-0.84	-0.27	-0.88	-0.72	-0.95	-0.75	-0.86	-0.61	-0.39	-0.79	-0.79	-0.64	-0.88	-0.83	-0.42	-0.91	-0.75	-0.68	-0.64	-0.84		-0.86	0.13	-0.83	-0.06	-0.47
Non Current Liabilities Total	0.92	0.24	0.94	0.83	0.89	0.87	0.93	0.7	0.58	0.72	0.89	0.76	0.94	0.81	0.52	0.93	0.87	0.82	0.9	0.98	-0.86		0.0	0.97	-0.24	0.63
Other Stockholder Equity	0.21	-0.87	0.17	0.31	-0.29	0.32	0.2	0.16	-0.14	-0.2	0.33	0.56	0.14	-0.47	-0.09	-0.04	0.24	0.45	0.26	-0.07	0.13	0.0		0.21	-0.83	0.44
Total Current Assets	0.92	0.05	0.93	0.84	0.8	0.89	0.92	0.74	0.46	0.66	0.92	0.85	0.93	0.68	0.48	0.88	0.87	0.88	0.94	0.91	-0.83	0.97	0.21		-0.4	0.7
Good Will	-0.4	0.57	-0.36	-0.49	0.09	-0.52	-0.36	-0.24	-0.02	0.26	-0.51	-0.68	-0.35	0.32	-0.01	-0.16	-0.45	-0.68	-0.55	-0.16	-0.06	-0.24	-0.83	-0.4		-0.57
Common Stock Shares Outstanding	0.75	-0.22	0.72	0.77	0.45	0.79	0.74	0.54	0.29	0.34	0.8	0.78	0.72	0.24	0.28	0.62	0.78	0.79	0.74	0.6	-0.47	0.63	0.44	0.7	-0.57

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Zhengzhou Coal Account Relationship Matchups

Zhengzhou Coal fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	33.7B	36.6B	44.3B	49.2B	56.6B	59.4B
Other Current Liab	4.1B	5.0B	522.2M	643.3M	739.8M	702.9M
Total Current Liabilities	13.6B	14.0B	19.0B	18.9B	21.8B	22.9B
Total Stockholder Equity	13.1B	14.8B	17.8B	20.4B	23.4B	24.6B
Other Liab	1.4B	1.4B	1.7B	1.2B	1.4B	1.4B
Retained Earnings	7.2B	8.8B	10.6B	12.2B	14.0B	14.7B
Accounts Payable	6.5B	7.3B	9.3B	10.6B	12.2B	12.8B
Cash	3.8B	3.7B	4.4B	5.9B	6.8B	3.6B
Other Assets	1.7B	1.5B	1.7B	1.6B	1.8B	1.9B
Net Receivables	5.8B	5.7B	6.7B	7.9B	9.0B	5.1B
Inventory	4.5B	6.2B	7.8B	9.3B	10.7B	11.2B
Other Current Assets	634.6M	954.6M	2.5B	2.4B	2.7B	2.8B
Total Liab	19.7B	21.0B	25.7B	27.3B	31.4B	33.0B
Intangible Assets	2.0B	1.6B	1.4B	1.4B	1.6B	821.7M
Property Plant Equipment	4.7B	5.4B	5.3B	5.8B	6.6B	7.0B
Long Term Debt	3.6B	4.6B	4.3B	6.2B	7.1B	7.4B
Short Term Investments	3.0B	3.6B	6.2B	6.3B	7.3B	7.6B
Net Tangible Assets	9.0B	10.1B	11.1B	13.1B	15.1B	11.4B
Non Current Assets Total	11.2B	11.3B	10.9B	12.7B	14.5B	10.5B
Non Currrent Assets Other	655.2M	1.1B	311.2M	428.8M	386.0M	366.7M
Non Current Liabilities Total	6.0B	7.0B	6.7B	8.4B	9.6B	5.4B
Other Stockholder Equity	(78.7M)	(183.5M)	(98.2M)	217.8M	196.1M	205.9M
Total Current Assets	22.5B	25.3B	33.4B	36.5B	42.0B	24.2B
Good Will	520.4M	412.9M	131.9M	88.3M	79.5M	75.5M
Deferred Long Term Liab	581.9M	597.6M	451.7M	601.6M	691.8M	504.6M
Net Invested Capital	16.9B	20.3B	22.8B	27.2B	31.3B	20.6B
Short Long Term Debt	179.2M	890.1M	726.4M	662.1M	761.4M	713.1M
Non Current Liabilities Other	587.9M	443.9M	345.6M	316.5M	284.9M	349.2M
Net Working Capital	8.9B	11.3B	14.4B	17.6B	20.2B	11.4B
Property Plant And Equipment Net	5.3B	5.8B	6.4B	7.2B	8.3B	6.6B
Capital Lease Obligations	688.5M	1.1B	1.3B	1.2B	1.4B	1.1B
Property Plant And Equipment Gross	12.5B	13.2B	6.4B	14.8B	13.3B	9.5B

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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.

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Zhengzhou Net Receivables vs Net Tangible Assets Analysis

Net Receivables vs Net Tangible Assets

Net Receivables vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Net Tangible Assets

Zhengzhou Coal fundamental ratios Correlations

Zhengzhou Coal Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhengzhou Coal fundamental ratios Accounts

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Other Information on Investing in Zhengzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Non Currrent Assets Other	- 0.95	Other Liab
Non Currrent Assets Other	- 0.91	Property Plant Equipment
Non Currrent Assets Other	- 0.88	Total Liab
Non Currrent Assets Other	- 0.88	Total Current Liabilities
Other Stockholder Equity	- 0.87	Other Current Liab
Non Current Liabilities Total	- 0.86	Non Currrent Assets Other