Neway Property Plant Equipment vs Retained Earnings Analysis

603699 Stock

24.28 0.23 0.96%

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

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neway Valve suzhou Property Plant Equipment account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Neway Valve's Property Plant Equipment and Retained Earnings is 0.93. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Neway Valve suzhou, assuming nothing else is changed. The correlation between historical values of Neway Valve's Property Plant Equipment 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 Property Plant Equipment of Neway Valve suzhou 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 Property Plant Equipment i.e., Neway Valve's Property Plant Equipment and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Property Plant Equipment

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 Neway Valve's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neway Valve suzhou 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 Neway Valve suzhou. 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 10, 2025, Selling General Administrative is expected to decline to about 410.2 M. In addition to that, Tax Provision is expected to decline to about 81.7 M

	2022	2023	2024	2025 (projected)
Operating Income	527.6M	925.9M	1.1B	1.1B
Total Revenue	4.1B	5.5B	6.4B	6.7B

Operating Income Total Revenue

Neway Valve 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	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.19	0.82	0.96	0.72	0.98	0.82	0.75	0.82	0.98	0.97	0.63	0.83	0.84	0.77	0.94	0.01	-0.72	0.94	-0.34	0.77	0.77	0.93	0.82	0.87	0.38
Other Current Liab	0.19		0.07	0.15	0.1	0.26	0.01	-0.12	0.21	0.19	0.17	0.58	0.07	0.29	-0.12	0.34	-0.17	-0.07	0.11	-0.06	0.23	0.19	0.0	0.2	0.34	0.08
Total Current Liabilities	0.82	0.07		0.73	0.44	0.76	1.0	0.96	0.69	0.82	0.84	0.5	1.0	0.57	0.76	0.78	-0.17	-0.48	0.91	-0.49	0.84	0.68	0.88	0.66	0.87	0.37
Total Stockholder Equity	0.96	0.15	0.73		0.88	0.99	0.72	0.65	0.79	0.93	0.88	0.64	0.74	0.94	0.81	0.88	0.24	-0.82	0.84	-0.23	0.7	0.78	0.82	0.83	0.76	0.39
Other Liab	0.72	0.1	0.44	0.88		0.82	0.44	0.37	0.6	0.68	0.6	0.48	0.46	0.94	0.7	0.64	0.5	-0.9	0.52	-0.06	0.46	0.64	0.49	0.67	0.46	0.31
Retained Earnings	0.98	0.26	0.76	0.99	0.82		0.75	0.66	0.83	0.95	0.92	0.7	0.77	0.92	0.76	0.93	0.13	-0.81	0.87	-0.25	0.76	0.82	0.85	0.87	0.83	0.41
Accounts Payable	0.82	0.01	1.0	0.72	0.44	0.75		0.97	0.65	0.8	0.83	0.47	1.0	0.56	0.77	0.77	-0.15	-0.47	0.91	-0.52	0.83	0.66	0.88	0.64	0.86	0.34
Cash	0.75	-0.12	0.96	0.65	0.37	0.66	0.97		0.56	0.74	0.77	0.28	0.96	0.45	0.75	0.66	-0.15	-0.39	0.85	-0.51	0.72	0.53	0.85	0.52	0.75	0.27
Other Assets	0.82	0.21	0.69	0.79	0.6	0.83	0.65	0.56		0.88	0.81	0.61	0.69	0.69	0.61	0.76	-0.05	-0.71	0.73	0.11	0.83	0.86	0.72	0.86	0.69	0.77
Net Receivables	0.98	0.19	0.82	0.93	0.68	0.95	0.8	0.74	0.88		0.95	0.62	0.82	0.8	0.76	0.9	0.01	-0.67	0.9	-0.27	0.78	0.76	0.91	0.8	0.84	0.46
Inventory	0.97	0.17	0.84	0.88	0.6	0.92	0.83	0.77	0.81	0.95		0.58	0.84	0.73	0.7	0.95	-0.2	-0.66	0.96	-0.36	0.78	0.74	0.96	0.8	0.91	0.38
Other Current Assets	0.63	0.58	0.5	0.64	0.48	0.7	0.47	0.28	0.61	0.62	0.58		0.51	0.72	0.43	0.74	-0.06	-0.55	0.56	-0.07	0.72	0.78	0.47	0.76	0.73	0.46
Total Liab	0.83	0.07	1.0	0.74	0.46	0.77	1.0	0.96	0.69	0.82	0.84	0.51		0.59	0.77	0.79	-0.16	-0.5	0.91	-0.49	0.84	0.69	0.88	0.67	0.87	0.37
Intangible Assets	0.84	0.29	0.57	0.94	0.94	0.92	0.56	0.45	0.69	0.8	0.73	0.72	0.59		0.72	0.8	0.36	-0.86	0.66	-0.12	0.63	0.76	0.61	0.79	0.67	0.36
Common Stock	0.77	-0.12	0.76	0.81	0.7	0.76	0.77	0.75	0.61	0.76	0.7	0.43	0.77	0.72		0.66	0.23	-0.61	0.77	-0.26	0.63	0.62	0.73	0.62	0.64	0.32
Property Plant Equipment	0.94	0.34	0.78	0.88	0.64	0.93	0.77	0.66	0.76	0.9	0.95	0.74	0.79	0.8	0.66		-0.21	-0.71	0.91	-0.4	0.78	0.78	0.87	0.82	0.96	0.3
Short Term Investments	0.01	-0.17	-0.17	0.24	0.5	0.13	-0.15	-0.15	-0.05	0.01	-0.2	-0.06	-0.16	0.36	0.23	-0.21		-0.24	-0.18	0.19	-0.2	0.02	-0.18	0.04	-0.36	-0.02
Good Will	-0.72	-0.07	-0.48	-0.82	-0.9	-0.81	-0.47	-0.39	-0.71	-0.67	-0.66	-0.55	-0.5	-0.86	-0.61	-0.71	-0.24		-0.58	-0.04	-0.59	-0.82	-0.53	-0.84	-0.54	-0.47
Net Tangible Assets	0.94	0.11	0.91	0.84	0.52	0.87	0.91	0.85	0.73	0.9	0.96	0.56	0.91	0.66	0.77	0.91	-0.18	-0.58		-0.47	0.8	0.72	0.98	0.76	0.92	0.33
Other Stockholder Equity	-0.34	-0.06	-0.49	-0.23	-0.06	-0.25	-0.52	-0.51	0.11	-0.27	-0.36	-0.07	-0.49	-0.12	-0.26	-0.4	0.19	-0.04	-0.47		-0.09	0.02	-0.45	0.02	-0.49	0.56
Long Term Investments	0.77	0.23	0.84	0.7	0.46	0.76	0.83	0.72	0.83	0.78	0.78	0.72	0.84	0.63	0.63	0.78	-0.2	-0.59	0.8	-0.09		0.85	0.76	0.81	0.84	0.71
Short Long Term Debt	0.77	0.19	0.68	0.78	0.64	0.82	0.66	0.53	0.86	0.76	0.74	0.78	0.69	0.76	0.62	0.78	0.02	-0.82	0.72	0.02	0.85		0.66	0.98	0.73	0.68
Total Current Assets	0.93	0.0	0.88	0.82	0.49	0.85	0.88	0.85	0.72	0.91	0.96	0.47	0.88	0.61	0.73	0.87	-0.18	-0.53	0.98	-0.45	0.76	0.66		0.72	0.88	0.32
Short Term Debt	0.82	0.2	0.66	0.83	0.67	0.87	0.64	0.52	0.86	0.8	0.8	0.76	0.67	0.79	0.62	0.82	0.04	-0.84	0.76	0.02	0.81	0.98	0.72		0.74	0.63
Non Current Assets Total	0.87	0.34	0.87	0.76	0.46	0.83	0.86	0.75	0.69	0.84	0.91	0.73	0.87	0.67	0.64	0.96	-0.36	-0.54	0.92	-0.49	0.84	0.73	0.88	0.74		0.3
Non Currrent Assets Other	0.38	0.08	0.37	0.39	0.31	0.41	0.34	0.27	0.77	0.46	0.38	0.46	0.37	0.36	0.32	0.3	-0.02	-0.47	0.33	0.56	0.71	0.68	0.32	0.63	0.3

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Neway Valve Account Relationship Matchups

Neway Valve fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.3B	5.9B	7.0B	7.9B	9.1B	4.9B
Other Current Liab	418.1M	380.8M	519.6M	110.8M	127.4M	121.1M
Total Current Liabilities	2.4B	2.8B	3.6B	4.0B	4.6B	4.8B
Total Stockholder Equity	2.9B	2.9B	3.3B	3.7B	4.3B	2.5B
Other Liab	61.3M	64.5M	69.1M	71.7M	82.5M	56.8M
Retained Earnings	1.3B	1.4B	1.7B	1.7B	2.0B	1.0B
Accounts Payable	1.0B	1.3B	1.7B	1.9B	2.2B	2.3B
Cash	386.8M	438.6M	800.4M	1.2B	1.3B	1.4B
Other Assets	204.1M	134.3M	153.6M	166.6M	191.6M	132.0M
Net Receivables	1.4B	1.6B	1.8B	2.1B	2.4B	1.4B
Inventory	1.5B	1.5B	2.1B	2.3B	2.6B	1.3B
Other Current Assets	114.4M	107.3M	83.2M	60.1M	69.2M	58.0M
Total Liab	2.4B	2.9B	3.6B	4.1B	4.7B	4.9B
Intangible Assets	162.0M	157.7M	152.9M	150.8M	173.4M	107.5M
Property Plant Equipment	913.5M	1.3B	1.4B	1.4B	1.6B	909.5M
Net Tangible Assets	2.5B	2.7B	2.8B	3.1B	3.6B	2.9B
Other Stockholder Equity	21.6M	27.7M	13.7M	(4.2M)	(3.7M)	(3.6M)
Short Long Term Debt	626.3M	812.5M	673.4M	636.3M	731.7M	630.2M
Total Current Assets	3.8B	4.2B	5.2B	6.2B	7.1B	4.4B
Non Current Assets Total	1.6B	1.7B	1.8B	1.7B	1.9B	1.5B
Non Currrent Assets Other	35.0M	20.1M	33.5M	28.0M	32.2M	40.9M
Non Current Liabilities Total	64.5M	75.5M	75.9M	64.9M	58.4M	55.5M
Net Debt	217.0M	424.1M	239.5M	373.9M	430.0M	338.6M
Net Invested Capital	3.5B	3.7B	3.9B	4.4B	5.0B	4.0B
Net Working Capital	1.4B	1.3B	1.6B	2.2B	2.5B	1.8B
Property Plant And Equipment Net	1.3B	1.4B	1.4B	1.4B	1.6B	1.4B
Property Plant And Equipment Gross	1.9B	2.2B	1.4B	2.3B	2.7B	2.1B

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

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Neway Property Plant Equipment vs Retained Earnings Analysis

Property Plant Equipment vs Retained Earnings

Property Plant Equipment vs Retained Earnings Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Retained Earnings

Neway Valve fundamental ratios Correlations

Neway Valve Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Neway Valve fundamental ratios Accounts

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Other Information on Investing in Neway Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Accounts Payable
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets

Good Will	- 0.9	Other Liab
Good Will	- 0.86	Intangible Assets
Short Term Debt	- 0.84	Good Will
Short Long Term Debt	- 0.82	Good Will
Good Will	- 0.82	Total Stockholder Equity
Good Will	- 0.81	Retained Earnings