Zhuzhou Net Income vs Depreciation Analysis

688187 Stock

45.60 0.69 1.49%

Zhuzhou CRRC financial indicator trend analysis is more than just analyzing Zhuzhou CRRC Times current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuzhou CRRC Times is a good investment. Please check the relationship between Zhuzhou CRRC Net Income and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuzhou CRRC Times. 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 Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuzhou CRRC Times Net Income account and Depreciation. At this time, the significance of the direction appears to have strong relationship.

The correlation between Zhuzhou CRRC's Net Income and Depreciation is 0.71. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation in the same time period over historical financial statements of Zhuzhou CRRC Times, assuming nothing else is changed. The correlation between historical values of Zhuzhou CRRC's Net Income and Depreciation 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 Income of Zhuzhou CRRC Times are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Net Income i.e., Zhuzhou CRRC's Net Income and Depreciation go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zhuzhou CRRC Times financial statement analysis. It represents the amount of money remaining after all of Zhuzhou CRRC Times operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Depreciation

Depreciation indicates how much of Zhuzhou CRRC Times value has been used up. For tax purposes Zhuzhou CRRC can deduct the cost of the tangible assets it purchases as business expenses. However, Zhuzhou CRRC Times must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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

The current year's Tax Provision is expected to grow to about 202.1 M. The current year's Selling General Administrative is expected to grow to about 874.6 M

	2022	2023	2024	2025 (projected)
Net Interest Income	179.8M	209.5M	240.9M	253.0M
Tax Provision	349.6M	209.5M	188.5M	202.1M

Net Interest Income Tax Provision

Zhuzhou CRRC fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		-0.91	0.92	0.99	0.87	0.98	0.98	0.96	-0.64	0.96	0.99	0.95	0.67	-0.11	-0.83	0.98	0.78	0.91	0.95	0.97	0.31	-0.87	0.94	0.92	1.0	0.98
Other Current Liab	-0.91		-0.75	-0.92	-0.94	-0.92	-0.91	-0.9	0.83	-0.91	-0.9	-0.84	-0.58	0.38	0.94	-0.89	-0.67	-0.81	-0.81	-0.96	-0.05	0.88	-0.77	-0.94	-0.91	-0.91
Total Current Liabilities	0.92	-0.75		0.87	0.65	0.83	0.9	0.83	-0.53	0.77	0.94	0.8	0.77	0.27	-0.57	0.86	0.62	0.85	0.98	0.84	0.64	-0.65	1.0	0.71	0.91	0.91
Total Stockholder Equity	0.99	-0.92	0.87		0.9	0.99	0.97	0.96	-0.65	0.98	0.97	0.97	0.61	-0.21	-0.88	0.98	0.82	0.89	0.92	0.98	0.22	-0.9	0.89	0.95	1.0	0.97
Other Liab	0.87	-0.94	0.65	0.9		0.91	0.9	0.93	-0.79	0.92	0.86	0.84	0.45	-0.5	-0.97	0.88	0.65	0.85	0.74	0.92	-0.15	-0.83	0.69	0.98	0.88	0.89
Net Tangible Assets	0.98	-0.92	0.83	0.99	0.91		0.94	0.94	-0.62	0.99	0.95	0.98	0.53	-0.29	-0.91	0.98	0.85	0.85	0.88	0.98	0.15	-0.93	0.85	0.97	0.98	0.95
Property Plant And Equipment Net	0.98	-0.91	0.9	0.97	0.9	0.94		0.97	-0.69	0.92	0.99	0.9	0.69	-0.11	-0.82	0.93	0.65	0.97	0.95	0.94	0.24	-0.8	0.93	0.92	0.98	1.0
Retained Earnings	0.96	-0.9	0.83	0.96	0.93	0.94	0.97		-0.75	0.94	0.95	0.88	0.7	-0.18	-0.86	0.96	0.69	0.96	0.88	0.93	0.12	-0.8	0.87	0.93	0.96	0.97
Accounts Payable	-0.64	0.83	-0.53	-0.65	-0.79	-0.62	-0.69	-0.75		-0.62	-0.65	-0.46	-0.65	0.26	0.73	-0.67	-0.32	-0.69	-0.56	-0.72	0.06	0.54	-0.57	-0.69	-0.65	-0.69
Cash	0.96	-0.91	0.77	0.98	0.92	0.99	0.92	0.94	-0.62		0.92	0.97	0.52	-0.36	-0.93	0.97	0.86	0.84	0.83	0.96	0.05	-0.94	0.8	0.97	0.97	0.93
Non Current Assets Total	0.99	-0.9	0.94	0.97	0.86	0.95	0.99	0.95	-0.65	0.92		0.92	0.69	-0.06	-0.8	0.94	0.69	0.94	0.98	0.95	0.33	-0.82	0.95	0.91	0.99	1.0
Other Assets	0.95	-0.84	0.8	0.97	0.84	0.98	0.9	0.88	-0.46	0.97	0.92		0.43	-0.28	-0.86	0.94	0.89	0.79	0.86	0.94	0.18	-0.92	0.82	0.93	0.96	0.91
Long Term Debt	0.67	-0.58	0.77	0.61	0.45	0.53	0.69	0.7	-0.65	0.52	0.69	0.43		0.4	-0.36	0.64	0.32	0.76	0.74	0.56	0.47	-0.41	0.79	0.44	0.65	0.69
Net Receivables	-0.11	0.38	0.27	-0.21	-0.5	-0.29	-0.11	-0.18	0.26	-0.36	-0.06	-0.28	0.4		0.62	-0.17	-0.29	-0.02	0.14	-0.28	0.82	0.47	0.23	-0.46	-0.14	-0.11
Good Will	-0.83	0.94	-0.57	-0.88	-0.97	-0.91	-0.82	-0.86	0.73	-0.93	-0.8	-0.86	-0.36	0.62		-0.86	-0.74	-0.73	-0.66	-0.91	0.22	0.92	-0.6	-0.97	-0.85	-0.83
Common Stock Shares Outstanding	0.98	-0.89	0.86	0.98	0.88	0.98	0.93	0.96	-0.67	0.97	0.94	0.94	0.64	-0.17	-0.86		0.86	0.86	0.88	0.97	0.23	-0.88	0.88	0.92	0.98	0.94
Short Term Investments	0.78	-0.67	0.62	0.82	0.65	0.85	0.65	0.69	-0.32	0.86	0.69	0.89	0.32	-0.29	-0.74	0.86		0.51	0.63	0.8	0.14	-0.89	0.61	0.75	0.79	0.67
Non Current Liabilities Total	0.91	-0.81	0.85	0.89	0.85	0.85	0.97	0.96	-0.69	0.84	0.94	0.79	0.76	-0.02	-0.73	0.86	0.51		0.9	0.83	0.2	-0.67	0.89	0.85	0.91	0.96
Capital Lease Obligations	0.95	-0.81	0.98	0.92	0.74	0.88	0.95	0.88	-0.56	0.83	0.98	0.86	0.74	0.14	-0.66	0.88	0.63	0.9		0.88	0.52	-0.72	0.99	0.8	0.95	0.96
Inventory	0.97	-0.96	0.84	0.98	0.92	0.98	0.94	0.93	-0.72	0.96	0.95	0.94	0.56	-0.28	-0.91	0.97	0.8	0.83	0.88		0.19	-0.9	0.86	0.96	0.98	0.95
Other Current Assets	0.31	-0.05	0.64	0.22	-0.15	0.15	0.24	0.12	0.06	0.05	0.33	0.18	0.47	0.82	0.22	0.23	0.14	0.2	0.52	0.19		0.01	0.58	-0.05	0.27	0.26
Other Stockholder Equity	-0.87	0.88	-0.65	-0.9	-0.83	-0.93	-0.8	-0.8	0.54	-0.94	-0.82	-0.92	-0.41	0.47	0.92	-0.88	-0.89	-0.67	-0.72	-0.9	0.01		-0.67	-0.9	-0.88	-0.81
Total Liab	0.94	-0.77	1.0	0.89	0.69	0.85	0.93	0.87	-0.57	0.8	0.95	0.82	0.79	0.23	-0.6	0.88	0.61	0.89	0.99	0.86	0.58	-0.67		0.75	0.93	0.94
Deferred Long Term Liab	0.92	-0.94	0.71	0.95	0.98	0.97	0.92	0.93	-0.69	0.97	0.91	0.93	0.44	-0.46	-0.97	0.92	0.75	0.85	0.8	0.96	-0.05	-0.9	0.75		0.94	0.92
Net Invested Capital	1.0	-0.91	0.91	1.0	0.88	0.98	0.98	0.96	-0.65	0.97	0.99	0.96	0.65	-0.14	-0.85	0.98	0.79	0.91	0.95	0.98	0.27	-0.88	0.93	0.94		0.98
Property Plant And Equipment Gross	0.98	-0.91	0.91	0.97	0.89	0.95	1.0	0.97	-0.69	0.93	1.0	0.91	0.69	-0.11	-0.83	0.94	0.67	0.96	0.96	0.95	0.26	-0.81	0.94	0.92	0.98

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Zhuzhou CRRC Account Relationship Matchups

Zhuzhou CRRC fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	33.9B	44.2B	48.5B	53.4B	61.4B	46.8B
Total Current Liabilities	7.9B	9.2B	11.7B	13.4B	15.4B	11.3B
Total Stockholder Equity	23.9B	32.6B	34.5B	36.9B	42.4B	33.0B
Property Plant And Equipment Net	4.7B	5.2B	5.7B	7.9B	9.1B	5.9B
Retained Earnings	19.5B	20.9B	19.9B	22.0B	25.2B	21.9B
Accounts Payable	5.7B	6.7B	6.1B	6.2B	5.6B	5.0B
Cash	5.1B	8.2B	7.5B	7.9B	9.1B	7.3B
Non Current Assets Total	7.4B	9.5B	12.1B	15.9B	18.3B	11.2B
Long Term Debt	82.7M	77.7M	72.7M	631.9M	726.7M	763.1M
Net Receivables	8.5B	8.3B	9.9B	12.5B	14.4B	11.5B
Good Will	246.9M	191.1M	185.9M	231.4M	208.3M	203.6M
Short Term Investments	3.7B	7.6B	7.1B	5.9B	6.8B	6.4B
Non Current Liabilities Total	1.7B	1.7B	1.5B	2.3B	2.6B	1.9B
Capital Lease Obligations	85.9M	120.2M	193.7M	275.6M	316.9M	171.6M
Inventory	4.3B	4.9B	5.8B	5.4B	6.3B	5.3B
Total Liab	9.6B	10.9B	13.2B	15.7B	18.0B	13.2B
Net Invested Capital	26.1B	34.7B	37.7B	41.9B	48.2B	36.3B
Property Plant And Equipment Gross	7.4B	8.2B	9.3B	12.2B	14.0B	9.4B
Short Long Term Debt	2.1B	2.0B	3.1B	4.4B	5.1B	3.1B
Total Current Assets	26.4B	34.6B	36.4B	37.5B	43.1B	35.6B
Non Current Liabilities Other	26.1M	20.4M	8.0M	5.4M	4.9M	4.7M
Net Working Capital	18.5B	25.5B	24.7B	24.1B	27.7B	24.3B
Intangible Assets	1.2B	1.1B	1.1B	1.7B	1.9B	1.3B

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Other Information on Investing in Zhuzhou Stock

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

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Zhuzhou Net Income vs Depreciation Analysis

Net Income vs Depreciation

Net Income vs Depreciation Correlation Analysis

Correlation Coefficient

Net Income

Depreciation

Zhuzhou CRRC fundamental ratios Correlations

Zhuzhou CRRC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhuzhou CRRC fundamental ratios Accounts

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Other Information on Investing in Zhuzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Total Stockholder Equity	+ 0.99	Total Assets

Deferred Long Term Liab	- 0.97	Good Will
Good Will	- 0.97	Other Liab
Inventory	- 0.96	Other Current Liab
Other Stockholder Equity	- 0.94	Cash
Deferred Long Term Liab	- 0.94	Other Current Liab
Other Liab	- 0.94	Other Current Liab