Zhuzhou Other Assets vs Property Plant And Equipment Net Analysis

688187 Stock   46.29  0.02  0.04%   
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 Other Assets and its Property Plant And Equipment Net 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.

Other Assets vs Property Plant And Equipment Net

Other Assets vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuzhou CRRC Times Other Assets account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zhuzhou CRRC's Other Assets and Property Plant And Equipment Net is 0.9. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant And Equipment Net 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 Other Assets and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Zhuzhou CRRC Times are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Other Assets i.e., Zhuzhou CRRC's Other Assets and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 Income179.8M209.5M240.9M253.0M
Tax Provision349.6M209.5M188.5M202.1M

Zhuzhou CRRC fundamental ratios Correlations

-0.910.920.990.870.980.980.96-0.640.960.990.950.67-0.11-0.830.980.780.910.950.970.31-0.870.940.921.00.98
-0.91-0.75-0.92-0.94-0.92-0.91-0.90.83-0.91-0.9-0.84-0.580.380.94-0.89-0.67-0.81-0.81-0.96-0.050.88-0.77-0.94-0.91-0.91
0.92-0.750.870.650.830.90.83-0.530.770.940.80.770.27-0.570.860.620.850.980.840.64-0.651.00.710.910.91
0.99-0.920.870.90.990.970.96-0.650.980.970.970.61-0.21-0.880.980.820.890.920.980.22-0.90.890.951.00.97
0.87-0.940.650.90.910.90.93-0.790.920.860.840.45-0.5-0.970.880.650.850.740.92-0.15-0.830.690.980.880.89
0.98-0.920.830.990.910.940.94-0.620.990.950.980.53-0.29-0.910.980.850.850.880.980.15-0.930.850.970.980.95
0.98-0.910.90.970.90.940.97-0.690.920.990.90.69-0.11-0.820.930.650.970.950.940.24-0.80.930.920.981.0
0.96-0.90.830.960.930.940.97-0.750.940.950.880.7-0.18-0.860.960.690.960.880.930.12-0.80.870.930.960.97
-0.640.83-0.53-0.65-0.79-0.62-0.69-0.75-0.62-0.65-0.46-0.650.260.73-0.67-0.32-0.69-0.56-0.720.060.54-0.57-0.69-0.65-0.69
0.96-0.910.770.980.920.990.920.94-0.620.920.970.52-0.36-0.930.970.860.840.830.960.05-0.940.80.970.970.93
0.99-0.90.940.970.860.950.990.95-0.650.920.920.69-0.06-0.80.940.690.940.980.950.33-0.820.950.910.991.0
0.95-0.840.80.970.840.980.90.88-0.460.970.920.43-0.28-0.860.940.890.790.860.940.18-0.920.820.930.960.91
0.67-0.580.770.610.450.530.690.7-0.650.520.690.430.4-0.360.640.320.760.740.560.47-0.410.790.440.650.69
-0.110.380.27-0.21-0.5-0.29-0.11-0.180.26-0.36-0.06-0.280.40.62-0.17-0.29-0.020.14-0.280.820.470.23-0.46-0.14-0.11
-0.830.94-0.57-0.88-0.97-0.91-0.82-0.860.73-0.93-0.8-0.86-0.360.62-0.86-0.74-0.73-0.66-0.910.220.92-0.6-0.97-0.85-0.83
0.98-0.890.860.980.880.980.930.96-0.670.970.940.940.64-0.17-0.860.860.860.880.970.23-0.880.880.920.980.94
0.78-0.670.620.820.650.850.650.69-0.320.860.690.890.32-0.29-0.740.860.510.630.80.14-0.890.610.750.790.67
0.91-0.810.850.890.850.850.970.96-0.690.840.940.790.76-0.02-0.730.860.510.90.830.2-0.670.890.850.910.96
0.95-0.810.980.920.740.880.950.88-0.560.830.980.860.740.14-0.660.880.630.90.880.52-0.720.990.80.950.96
0.97-0.960.840.980.920.980.940.93-0.720.960.950.940.56-0.28-0.910.970.80.830.880.19-0.90.860.960.980.95
0.31-0.050.640.22-0.150.150.240.120.060.050.330.180.470.820.220.230.140.20.520.190.010.58-0.050.270.26
-0.870.88-0.65-0.9-0.83-0.93-0.8-0.80.54-0.94-0.82-0.92-0.410.470.92-0.88-0.89-0.67-0.72-0.90.01-0.67-0.9-0.88-0.81
0.94-0.771.00.890.690.850.930.87-0.570.80.950.820.790.23-0.60.880.610.890.990.860.58-0.670.750.930.94
0.92-0.940.710.950.980.970.920.93-0.690.970.910.930.44-0.46-0.970.920.750.850.80.96-0.05-0.90.750.940.92
1.0-0.910.911.00.880.980.980.96-0.650.970.990.960.65-0.14-0.850.980.790.910.950.980.27-0.880.930.940.98
0.98-0.910.910.970.890.951.00.97-0.690.931.00.910.69-0.11-0.830.940.670.960.960.950.26-0.810.940.920.98
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Zhuzhou CRRC Account Relationship Matchups

Zhuzhou CRRC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets33.9B44.2B48.5B53.4B61.4B46.8B
Total Current Liabilities7.9B9.2B11.7B13.4B15.4B11.3B
Total Stockholder Equity23.9B32.6B34.5B36.9B42.4B33.0B
Property Plant And Equipment Net4.7B5.2B5.7B7.9B9.1B5.9B
Retained Earnings19.5B20.9B19.9B22.0B25.2B21.9B
Accounts Payable5.7B6.7B6.1B6.2B5.6B5.0B
Cash5.1B8.2B7.5B7.9B9.1B7.3B
Non Current Assets Total7.4B9.5B12.1B15.9B18.3B11.2B
Long Term Debt82.7M77.7M72.7M631.9M726.7M763.1M
Net Receivables8.5B8.3B9.9B12.5B14.4B11.5B
Good Will246.9M191.1M185.9M231.4M208.3M203.6M
Short Term Investments3.7B7.6B7.1B5.9B6.8B6.4B
Non Current Liabilities Total1.7B1.7B1.5B2.3B2.6B1.9B
Capital Lease Obligations85.9M120.2M193.7M275.6M316.9M171.6M
Inventory4.3B4.9B5.8B5.4B6.3B5.3B
Total Liab9.6B10.9B13.2B15.7B18.0B13.2B
Net Invested Capital26.1B34.7B37.7B41.9B48.2B36.3B
Property Plant And Equipment Gross7.4B8.2B9.3B12.2B14.0B9.4B
Short Long Term Debt2.1B2.0B3.1B4.4B5.1B3.1B
Total Current Assets26.4B34.6B36.4B37.5B43.1B35.6B
Non Current Liabilities Other26.1M20.4M8.0M5.4M4.9M4.7M
Net Working Capital18.5B25.5B24.7B24.1B27.7B24.3B
Intangible Assets1.2B1.1B1.1B1.7B1.9B1.3B

Currently Active Assets on Macroaxis

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.