Zhuzhou Net Income vs Research Development Analysis

688187 Stock

47.30 0.20 0.42%

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 Research Development 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 Research Development

Net Income vs Research Development 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 Research Development. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zhuzhou CRRC's Net Income and Research Development is 0.44. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Research Development 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 Research Development 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 Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Net Income i.e., Zhuzhou CRRC's Net Income and Research Development go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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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.

Research Development

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.

At present, Zhuzhou CRRC's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 9.3 B, whereas Tax Provision is forecasted to decline to about 202.1 M.

	2021	2022	2023	2024 (projected)
Net Interest Income	68.4M	179.8M	209.5M	220.0M
Tax Provision	88.5M	349.6M	209.5M	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		-0.93	0.85	0.99	0.88	0.99	0.96	0.92	-0.55	0.95	0.98	0.95	0.49	-0.45	-0.86	0.99	0.78	0.83	0.92	0.96	0.17	-0.92	0.89	0.93	1.0	0.97
Other Current Liab	-0.93		-0.72	-0.93	-0.94	-0.9	-0.94	-0.94	0.79	-0.89	-0.92	-0.81	-0.44	0.59	0.93	-0.89	-0.61	-0.83	-0.81	-0.97	0.02	0.86	-0.77	-0.93	-0.93	-0.94
Total Current Liabilities	0.85	-0.72		0.79	0.58	0.8	0.81	0.65	-0.37	0.66	0.88	0.76	0.69	0.05	-0.5	0.86	0.56	0.68	0.97	0.75	0.65	-0.63	0.99	0.65	0.83	0.82
Total Stockholder Equity	0.99	-0.93	0.79		0.9	0.99	0.95	0.94	-0.56	0.98	0.96	0.96	0.41	-0.55	-0.91	0.98	0.81	0.82	0.87	0.98	0.07	-0.95	0.83	0.95	1.0	0.96
Other Liab	0.88	-0.94	0.58	0.9		0.91	0.94	0.95	-0.68	0.9	0.89	0.83	0.33	-0.72	-0.95	0.87	0.55	0.9	0.74	0.9	-0.21	-0.82	0.66	0.98	0.89	0.94
Net Tangible Assets	0.99	-0.9	0.8	0.99	0.91		0.96	0.92	-0.48	0.97	0.97	0.98	0.4	-0.53	-0.88	0.98	0.78	0.84	0.89	0.95	0.1	-0.92	0.84	0.96	0.99	0.97
Property Plant And Equipment Net	0.96	-0.94	0.81	0.95	0.94	0.96		0.94	-0.61	0.9	0.99	0.9	0.54	-0.47	-0.86	0.97	0.6	0.94	0.91	0.91	0.11	-0.82	0.87	0.96	0.96	1.0
Retained Earnings	0.92	-0.94	0.65	0.94	0.95	0.92	0.94		-0.72	0.94	0.9	0.84	0.51	-0.61	-0.93	0.93	0.67	0.91	0.76	0.9	-0.14	-0.88	0.73	0.94	0.93	0.94
Accounts Payable	-0.55	0.79	-0.37	-0.56	-0.68	-0.48	-0.61	-0.72		-0.52	-0.55	-0.31	-0.5	0.46	0.69	-0.5	-0.21	-0.62	-0.42	-0.64	0.24	0.51	-0.43	-0.58	-0.55	-0.61
Cash	0.95	-0.89	0.66	0.98	0.9	0.97	0.9	0.94	-0.52		0.9	0.95	0.31	-0.66	-0.94	0.94	0.85	0.78	0.76	0.95	-0.1	-0.97	0.71	0.95	0.96	0.91
Non Current Assets Total	0.98	-0.92	0.88	0.96	0.89	0.97	0.99	0.9	-0.55	0.9		0.92	0.54	-0.4	-0.82	0.98	0.65	0.88	0.96	0.93	0.23	-0.83	0.92	0.93	0.98	0.99
Other Assets	0.95	-0.81	0.76	0.96	0.83	0.98	0.9	0.84	-0.31	0.95	0.92		0.28	-0.51	-0.83	0.95	0.83	0.74	0.85	0.9	0.13	-0.91	0.8	0.92	0.96	0.91
Long Term Debt	0.49	-0.44	0.69	0.41	0.33	0.4	0.54	0.51	-0.5	0.31	0.54	0.28		0.33	-0.19	0.56	0.14	0.65	0.63	0.34	0.47	-0.22	0.71	0.29	0.47	0.53
Net Receivables	-0.45	0.59	0.05	-0.55	-0.72	-0.53	-0.47	-0.61	0.46	-0.66	-0.4	-0.51	0.33		0.82	-0.4	-0.46	-0.4	-0.13	-0.6	0.74	0.66	-0.02	-0.7	-0.49	-0.47
Good Will	-0.86	0.93	-0.5	-0.91	-0.95	-0.88	-0.86	-0.93	0.69	-0.94	-0.82	-0.83	-0.19	0.82		-0.82	-0.7	-0.75	-0.63	-0.93	0.32	0.92	-0.56	-0.95	-0.88	-0.86
Common Stock Shares Outstanding	0.99	-0.89	0.86	0.98	0.87	0.98	0.97	0.93	-0.5	0.94	0.98	0.95	0.56	-0.4	-0.82		0.75	0.88	0.92	0.92	0.19	-0.88	0.9	0.92	0.99	0.97
Short Term Investments	0.78	-0.61	0.56	0.81	0.55	0.78	0.6	0.67	-0.21	0.85	0.65	0.83	0.14	-0.46	-0.7	0.75		0.4	0.56	0.78	0.02	-0.92	0.56	0.67	0.78	0.62
Non Current Liabilities Total	0.83	-0.83	0.68	0.82	0.9	0.84	0.94	0.91	-0.62	0.78	0.88	0.74	0.65	-0.4	-0.75	0.88	0.4		0.8	0.74	0.01	-0.64	0.76	0.87	0.84	0.92
Capital Lease Obligations	0.92	-0.81	0.97	0.87	0.74	0.89	0.91	0.76	-0.42	0.76	0.96	0.85	0.63	-0.13	-0.63	0.92	0.56	0.8		0.82	0.5	-0.69	0.99	0.79	0.91	0.92
Inventory	0.96	-0.97	0.75	0.98	0.9	0.95	0.91	0.9	-0.64	0.95	0.93	0.9	0.34	-0.6	-0.93	0.92	0.78	0.74	0.82		0.03	-0.95	0.79	0.93	0.97	0.93
Other Current Assets	0.17	0.02	0.65	0.07	-0.21	0.1	0.11	-0.14	0.24	-0.1	0.23	0.13	0.47	0.74	0.32	0.19	0.02	0.01	0.5	0.03		0.1	0.57	-0.12	0.14	0.13
Other Stockholder Equity	-0.92	0.86	-0.63	-0.95	-0.82	-0.92	-0.82	-0.88	0.51	-0.97	-0.83	-0.91	-0.22	0.66	0.92	-0.88	-0.92	-0.64	-0.69	-0.95	0.1		-0.66	-0.88	-0.92	-0.83
Total Liab	0.89	-0.77	0.99	0.83	0.66	0.84	0.87	0.73	-0.43	0.71	0.92	0.8	0.71	-0.02	-0.56	0.9	0.56	0.76	0.99	0.79	0.57	-0.66		0.72	0.87	0.88
Deferred Long Term Liab	0.93	-0.93	0.65	0.95	0.98	0.96	0.96	0.94	-0.58	0.95	0.93	0.92	0.29	-0.7	-0.95	0.92	0.67	0.87	0.79	0.93	-0.12	-0.88	0.72		0.94	0.96
Net Invested Capital	1.0	-0.93	0.83	1.0	0.89	0.99	0.96	0.93	-0.55	0.96	0.98	0.96	0.47	-0.49	-0.88	0.99	0.78	0.84	0.91	0.97	0.14	-0.92	0.87	0.94		0.97
Property Plant And Equipment Gross	0.97	-0.94	0.82	0.96	0.94	0.97	1.0	0.94	-0.61	0.91	0.99	0.91	0.53	-0.47	-0.86	0.97	0.62	0.92	0.92	0.93	0.13	-0.83	0.88	0.96	0.97

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Zhuzhou CRRC Account Relationship Matchups

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C	Citigroup
GM	General Motors
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GM	General Motors
V	Visa Class A

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 Research Development Analysis

Net Income vs Research Development

Net Income vs Research Development Correlation Analysis

Correlation Coefficient

Net Income

Research Development

Zhuzhou CRRC fundamental ratios Correlations

Zhuzhou CRRC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Zhuzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets
Common Stock Shares Outstanding	+ 0.99	Total Assets

Other Stockholder Equity	- 0.97	Cash
Inventory	- 0.97	Other Current Liab
Other Stockholder Equity	- 0.95	Inventory
Deferred Long Term Liab	- 0.95	Good Will
Good Will	- 0.95	Other Liab
Other Stockholder Equity	- 0.95	Total Stockholder Equity