Dazhong Total Stockholder Equity vs Total Liab Analysis

900903 Stock   0.26  0.01  3.70%   
Dazhong Transportation financial indicator trend analysis is much more than just examining Dazhong Transportation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dazhong Transportation is a good investment. Please check the relationship between Dazhong Transportation Total Stockholder Equity and its Total Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dazhong Transportation Group. 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.

Total Stockholder Equity vs Total Liab

Total Stockholder Equity vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dazhong Transportation Total Stockholder Equity account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dazhong Transportation's Total Stockholder Equity and Total Liab is 0.77. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Liab in the same time period over historical financial statements of Dazhong Transportation Group, assuming nothing else is changed. The correlation between historical values of Dazhong Transportation's Total Stockholder Equity and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Dazhong Transportation Group are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Stockholder Equity i.e., Dazhong Transportation's Total Stockholder Equity and Total Liab go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from Dazhong Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dazhong Transportation 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 Dazhong Transportation Group. 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 December 1, 2024, Selling General Administrative is expected to decline to about 167.8 M. In addition to that, Tax Provision is expected to decline to about 165.1 M
 2021 2022 2023 2024 (projected)
Gross Profit844.8M551.1M1.2B1.0B
Total Revenue2.3B2.4B4.5B3.2B

Dazhong Transportation fundamental ratios Correlations

0.070.960.86-0.790.840.840.63-0.740.91-0.850.790.840.76-0.870.99-0.88-0.640.80.910.750.00.78-0.62-0.46-0.06
0.070.10.25-0.11-0.050.330.22-0.15-0.190.040.340.08-0.53-0.090.03-0.090.190.370.130.39-0.580.30.4-0.240.34
0.960.10.74-0.710.680.750.53-0.670.83-0.850.690.820.69-0.780.97-0.82-0.560.740.850.670.060.67-0.57-0.34-0.17
0.860.250.74-0.660.860.780.57-0.820.8-0.690.750.680.63-0.760.77-0.76-0.420.80.770.76-0.230.83-0.54-0.610.08
-0.79-0.11-0.71-0.66-0.69-0.93-0.810.69-0.70.67-0.84-0.91-0.530.97-0.80.840.91-0.83-0.93-0.80.15-0.760.350.76-0.22
0.84-0.050.680.86-0.690.730.48-0.790.85-0.720.680.670.75-0.760.79-0.83-0.540.780.740.76-0.130.85-0.63-0.42-0.05
0.840.330.750.78-0.930.730.74-0.750.7-0.730.970.870.42-0.960.82-0.78-0.780.830.950.79-0.130.76-0.42-0.740.3
0.630.220.530.57-0.810.480.74-0.320.47-0.240.720.710.36-0.760.62-0.62-0.660.70.790.71-0.410.660.04-0.730.53
-0.74-0.15-0.67-0.820.69-0.79-0.75-0.32-0.720.83-0.64-0.75-0.590.76-0.680.80.52-0.79-0.7-0.740.08-0.750.620.580.12
0.91-0.190.830.8-0.70.850.70.47-0.72-0.870.650.670.86-0.790.9-0.84-0.680.620.760.560.240.64-0.82-0.36-0.27
-0.850.04-0.85-0.690.67-0.72-0.73-0.240.83-0.87-0.65-0.72-0.690.77-0.850.780.64-0.61-0.75-0.53-0.33-0.560.850.330.36
0.790.340.690.75-0.840.680.970.72-0.640.65-0.650.770.33-0.90.77-0.64-0.710.710.920.67-0.060.66-0.41-0.650.42
0.840.080.820.68-0.910.670.870.71-0.750.67-0.720.770.6-0.920.84-0.81-0.750.850.930.81-0.140.75-0.37-0.690.17
0.76-0.530.690.63-0.530.750.420.36-0.590.86-0.690.330.6-0.60.74-0.71-0.530.490.590.450.20.55-0.73-0.28-0.36
-0.87-0.09-0.78-0.760.97-0.76-0.96-0.760.76-0.790.77-0.9-0.92-0.6-0.860.830.88-0.81-0.97-0.760.04-0.760.510.76-0.2
0.990.030.970.77-0.80.790.820.62-0.680.9-0.850.770.840.74-0.86-0.87-0.680.770.910.710.060.73-0.61-0.39-0.1
-0.88-0.09-0.82-0.760.84-0.83-0.78-0.620.8-0.840.78-0.64-0.81-0.710.83-0.870.68-0.89-0.79-0.870.2-0.870.480.480.19
-0.640.19-0.56-0.420.91-0.54-0.78-0.660.52-0.680.64-0.71-0.75-0.530.88-0.680.68-0.53-0.8-0.49-0.21-0.470.470.62-0.11
0.80.370.740.8-0.830.780.830.7-0.790.62-0.610.710.850.49-0.810.77-0.89-0.530.810.99-0.510.97-0.22-0.640.12
0.910.130.850.77-0.930.740.950.79-0.70.76-0.750.920.930.59-0.970.91-0.79-0.80.810.76-0.050.74-0.46-0.690.26
0.750.390.670.76-0.80.760.790.71-0.740.56-0.530.670.810.45-0.760.71-0.87-0.490.990.76-0.590.97-0.13-0.610.16
0.0-0.580.06-0.230.15-0.13-0.13-0.410.080.24-0.33-0.06-0.140.20.040.060.2-0.21-0.51-0.05-0.59-0.55-0.630.34-0.39
0.780.30.670.83-0.760.850.760.66-0.750.64-0.560.660.750.55-0.760.73-0.87-0.470.970.740.97-0.55-0.25-0.60.08
-0.620.4-0.57-0.540.35-0.63-0.420.040.62-0.820.85-0.41-0.37-0.730.51-0.610.480.47-0.22-0.46-0.13-0.63-0.250.110.47
-0.46-0.24-0.34-0.610.76-0.42-0.74-0.730.58-0.360.33-0.65-0.69-0.280.76-0.390.480.62-0.64-0.69-0.610.34-0.60.11-0.48
-0.060.34-0.170.08-0.22-0.050.30.530.12-0.270.360.420.17-0.36-0.2-0.10.19-0.110.120.260.16-0.390.080.47-0.48
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Dazhong Transportation Account Relationship Matchups

Dazhong Transportation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.7B17.2B19.3B20.0B18.5B18.8B
Other Current Liab2.2B2.4B2.9B1.3B1.1B1.7B
Total Current Liabilities5.0B6.0B6.8B7.6B5.8B6.3B
Total Stockholder Equity9.4B9.3B9.7B9.4B9.5B10.1B
Other Liab519.0M465.2M467.7M498.4M448.6M559.1M
Net Tangible Assets7.4B8.1B8.1B8.4B9.7B8.7B
Retained Earnings6.6B6.9B7.2B5.8B6.1B6.0B
Accounts Payable490.2M175.2M320.4M342.8M232.9M282.8M
Cash2.4B1.9B2.2B2.3B1.9B1.8B
Other Assets731.0M942.9M1.2B2.8B3.2B3.3B
Net Receivables1.8B123.7M163.6M228.3M197.1M187.3M
Short Term Investments2.3B1.9B2.6B1.3B1.5B1.2B
Inventory3.4B4.1B3.0B4.6B3.3B3.3B
Other Current Assets64.9M99.0M194.7M2.3B2.1B2.2B
Other Stockholder Equity1.5B405.1M172.7M339.0M305.1M289.8M
Total Liab6.8B7.4B9.1B9.9B8.4B8.0B
Deferred Long Term Liab124.1M155.3M139.1M113.4M102.0M115.6M
Short Long Term Debt1.8B2.1B2.0B2.0B2.1B1.9B
Total Current Assets10.0B9.8B10.0B10.8B9.3B9.2B
Intangible Assets1.0B1.2B1.3B1.3B1.2B1.2B
Property Plant Equipment2.1B2.1B1.7B1.7B1.6B1.5B
Non Current Assets Total6.7B7.4B9.2B9.2B9.2B6.9B
Non Currrent Assets Other1.2B374.1M289.4M191.6M99.8M94.8M
Non Current Liabilities Total1.8B1.4B2.3B2.2B2.6B1.9B
Long Term Debt1.3B952.0M1.7B1.7B1.9B1.3B
Net Invested Capital12.5B12.4B13.3B13.1B13.6B13.7B
Net Working Capital5.0B3.8B3.2B3.2B3.5B3.5B
Net Debt673.0M1.2B1.5B1.5B2.1B1.3B

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Other Information on Investing in Dazhong Stock

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