Youdao Net Invested Capital vs Capital Surpluse Analysis

DAO Stock

USD 7.43 0.22 3.05%

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

Net Invested Capital vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Youdao Inc Net Invested Capital account and Capital Surpluse. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Youdao's Net Invested Capital and Capital Surpluse is -0.39. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Youdao Inc, assuming nothing else is changed. The correlation between historical values of Youdao's Net Invested Capital and Capital Surpluse 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 Invested Capital of Youdao Inc are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Net Invested Capital i.e., Youdao's Net Invested Capital and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Capital Surpluse

Most indicators from Youdao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youdao Inc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. 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 this time, Youdao's Tax Provision is very stable compared to the past year. As of the 11th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Discontinued Operations is likely to drop (5.8 M).

	2021	2022	2023	2024 (projected)
Gross Profit	2.0B	2.6B	2.8B	1.5B
Total Revenue	4.0B	5.0B	5.4B	3.2B

Gross Profit Total Revenue

Youdao fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.68	0.73	0.91	-0.34	-0.3	0.91	0.9	-0.27	-0.86	0.88	0.83	0.86	0.69	0.75	0.9	0.89	0.93	0.76	0.63	0.9	0.92	0.77	0.94	0.9	-0.14
Short Long Term Debt Total	0.68		0.47	0.8	-0.74	-0.65	0.83	0.73	0.29	-0.92	0.79	0.78	0.92	0.54	0.49	0.41	0.9	0.76	0.85	0.0	0.88	0.87	0.49	0.87	0.86	-0.51
Other Current Liab	0.73	0.47		0.87	-0.54	-0.57	0.78	0.92	-0.57	-0.7	0.73	0.83	0.68	0.39	0.58	0.66	0.72	0.72	0.7	0.32	0.65	0.7	0.5	0.67	0.82	-0.52
Total Current Liabilities	0.91	0.8	0.87		-0.63	-0.61	0.98	0.99	-0.26	-0.94	0.93	0.94	0.94	0.64	0.74	0.73	0.94	0.9	0.9	0.33	0.91	0.96	0.7	0.94	0.99	-0.48
Total Stockholder Equity	-0.34	-0.74	-0.54	-0.63		0.93	-0.59	-0.59	-0.15	0.74	-0.55	-0.62	-0.65	-0.25	-0.29	-0.11	-0.62	-0.46	-0.77	0.38	-0.62	-0.58	-0.2	-0.5	-0.69	0.95
Net Tangible Assets	-0.3	-0.65	-0.57	-0.61	0.93		-0.58	-0.58	0.07	0.65	-0.62	-0.67	-0.64	-0.23	-0.29	-0.07	-0.57	-0.38	-0.68	0.42	-0.49	-0.55	-0.2	-0.44	-0.66	0.93
Property Plant And Equipment Net	0.91	0.83	0.78	0.98	-0.59	-0.58		0.96	-0.14	-0.94	0.94	0.89	0.98	0.77	0.83	0.67	0.92	0.87	0.93	0.28	0.92	0.99	0.81	0.96	0.97	-0.41
Current Deferred Revenue	0.9	0.73	0.92	0.99	-0.59	-0.58	0.96		-0.34	-0.9	0.9	0.93	0.9	0.62	0.73	0.75	0.91	0.89	0.87	0.36	0.87	0.92	0.69	0.9	0.97	-0.47
Net Debt	-0.27	0.29	-0.57	-0.26	-0.15	0.07	-0.14	-0.34		-0.02	-0.29	-0.38	-0.01	0.13	-0.08	-0.46	-0.11	-0.11	0.08	-0.4	0.04	-0.05	-0.05	-0.04	-0.15	-0.03
Retained Earnings	-0.86	-0.92	-0.7	-0.94	0.74	0.65	-0.94	-0.9	-0.02		-0.89	-0.87	-0.95	-0.64	-0.67	-0.64	-0.95	-0.86	-0.95	-0.19	-0.98	-0.95	-0.65	-0.94	-0.96	0.54
Accounts Payable	0.88	0.79	0.73	0.93	-0.55	-0.62	0.94	0.9	-0.29	-0.89		0.95	0.94	0.64	0.7	0.67	0.91	0.79	0.82	0.25	0.85	0.94	0.69	0.91	0.93	-0.37
Cash	0.83	0.78	0.83	0.94	-0.62	-0.67	0.89	0.93	-0.38	-0.87	0.95		0.9	0.43	0.53	0.7	0.94	0.81	0.77	0.26	0.83	0.88	0.5	0.87	0.93	-0.47
Non Current Assets Total	0.86	0.92	0.68	0.94	-0.65	-0.64	0.98	0.9	-0.01	-0.95	0.94	0.9		0.72	0.74	0.59	0.94	0.84	0.92	0.17	0.92	0.99	0.73	0.96	0.96	-0.44
Non Currrent Assets Other	0.69	0.54	0.39	0.64	-0.25	-0.23	0.77	0.62	0.13	-0.64	0.64	0.43	0.72		0.97	0.37	0.51	0.56	0.76	0.19	0.66	0.77	0.98	0.71	0.64	-0.1
Other Assets	0.75	0.49	0.58	0.74	-0.29	-0.29	0.83	0.73	-0.08	-0.67	0.7	0.53	0.74	0.97		0.47	0.55	0.61	0.8	0.26	0.68	0.8	0.99	0.73	0.7	-0.18
Cash And Short Term Investments	0.9	0.41	0.66	0.73	-0.11	-0.07	0.67	0.75	-0.46	-0.64	0.67	0.7	0.59	0.37	0.47		0.74	0.85	0.47	0.84	0.72	0.68	0.51	0.75	0.7	0.05
Net Receivables	0.89	0.9	0.72	0.94	-0.62	-0.57	0.92	0.91	-0.11	-0.95	0.91	0.94	0.94	0.51	0.55	0.74		0.92	0.82	0.34	0.93	0.94	0.55	0.96	0.96	-0.4
Common Stock Total Equity	0.93	0.76	0.72	0.9	-0.46	-0.38	0.87	0.89	-0.11	-0.86	0.79	0.81	0.84	0.56	0.61	0.85	0.92		0.75	0.59	0.88	0.89	0.61	0.92	0.92	-0.28
Common Stock Shares Outstanding	0.76	0.85	0.7	0.9	-0.77	-0.68	0.93	0.87	0.08	-0.95	0.82	0.77	0.92	0.76	0.8	0.47	0.82	0.75		0.02	0.91	0.92	0.75	0.87	0.91	-0.61
Short Term Investments	0.63	0.0	0.32	0.33	0.38	0.42	0.28	0.36	-0.4	-0.19	0.25	0.26	0.17	0.19	0.26	0.84	0.34	0.59	0.02		0.31	0.31	0.33	0.41	0.29	0.48
Capital Surpluse	0.9	0.88	0.65	0.91	-0.62	-0.49	0.92	0.87	0.04	-0.98	0.85	0.83	0.92	0.66	0.68	0.72	0.93	0.88	0.91	0.31		0.94	0.68	0.96	0.92	-0.39
Inventory	0.92	0.87	0.7	0.96	-0.58	-0.55	0.99	0.92	-0.05	-0.95	0.94	0.88	0.99	0.77	0.8	0.68	0.94	0.89	0.92	0.31	0.94		0.79	0.98	0.97	-0.37
Other Current Assets	0.77	0.49	0.5	0.7	-0.2	-0.2	0.81	0.69	-0.05	-0.65	0.69	0.5	0.73	0.98	0.99	0.51	0.55	0.61	0.75	0.33	0.68	0.79		0.74	0.67	-0.06
Other Stockholder Equity	0.94	0.87	0.67	0.94	-0.5	-0.44	0.96	0.9	-0.04	-0.94	0.91	0.87	0.96	0.71	0.73	0.75	0.96	0.92	0.87	0.41	0.96	0.98	0.74		0.95	-0.27
Total Liab	0.9	0.86	0.82	0.99	-0.69	-0.66	0.97	0.97	-0.15	-0.96	0.93	0.93	0.96	0.64	0.7	0.7	0.96	0.92	0.91	0.29	0.92	0.97	0.67	0.95		-0.52
Net Invested Capital	-0.14	-0.51	-0.52	-0.48	0.95	0.93	-0.41	-0.47	-0.03	0.54	-0.37	-0.47	-0.44	-0.1	-0.18	0.05	-0.4	-0.28	-0.61	0.48	-0.39	-0.37	-0.06	-0.27	-0.52

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Youdao Account Relationship Matchups

Youdao fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.1B	2.6B	2.3B	1.7B	1.8B
Short Long Term Debt Total	899.2M	957.7M	1.2B	1.4B	1.6B	1.2B
Other Current Liab	361.2M	2.2B	798.0M	867.0M	918.0M	864.9M
Total Current Liabilities	1.8B	3.4B	3.0B	3.2B	3.1B	2.7B
Total Stockholder Equity	300.1M	(1.4B)	(807.1M)	(1.5B)	(2.2B)	(2.1B)
Other Liab	5.5M	4.0M	81.0M	73.4M	84.4M	88.6M
Net Tangible Assets	300.1M	(1.4B)	(807.1M)	(1.6B)	(1.5B)	(1.4B)
Property Plant And Equipment Net	48.4M	151.5M	198.4M	170.5M	159.9M	119.5M
Current Deferred Revenue	456.8M	1.4B	1.1B	1.1B	1.1B	841.5M
Net Debt	725.9M	348.5M	883.3M	660.4M	1.1B	854.0M
Retained Earnings	(1.9B)	(3.7B)	(4.7B)	(5.4B)	(5.9B)	(5.7B)
Accounts Payable	62.7M	208.5M	244.0M	351.2M	159.0M	169.7M
Cash	173.3M	609.2M	322.8M	783.6M	454.5M	381.1M
Non Current Assets Total	56.6M	218.7M	364.4M	406.2M	366.2M	228.4M
Non Currrent Assets Other	6.1M	24.7M	166.0M	35.0M	45.0M	45.0M
Other Assets	8.1M	67.2M	166.0M	35.0M	40.3M	52.4M
Cash And Short Term Investments	1.6B	1.2B	826.9M	1.0B	526.7M	889.4M
Net Receivables	215.6M	272.9M	254.5M	413.0M	380.1M	268.2M
Short Term Investments	1.4B	585.3M	504.1M	232.4M	72.1M	68.5M
Liabilities And Stockholders Equity	2.1B	2.1B	2.6B	2.3B	1.7B	1.8B
Non Current Liabilities Total	26.7M	83.8M	330.5M	574.8M	696.0M	730.8M
Capital Surpluse	138.0M	2.2B	2.3B	3.9B	4.5B	4.7B
Capital Lease Obligations	25.4M	79.7M	73.1M	43.6M	88.2M	48.7M
Inventory	73.2M	148.7M	255.4M	232.3M	217.1M	149.6M
Other Current Assets	120.9M	265.2M	932.8M	208.7M	176.1M	269.0M
Other Stockholder Equity	2.2B	2.3B	3.9B	4.0B	3.9B	2.6B
Total Liab	1.8B	3.5B	3.4B	3.8B	3.8B	3.0B
Net Invested Capital	1.2B	(530.1M)	326.0M	(134.7M)	(678.4M)	(644.5M)
Property Plant And Equipment Gross	48.4M	151.5M	198.4M	170.5M	281.8M	295.9M
Total Current Assets	2.0B	1.9B	2.3B	1.9B	1.3B	1.6B
Accumulated Other Comprehensive Income	(12.7M)	(44.1M)	(49.9M)	(87.4M)	(100.5M)	(95.5M)
Non Current Liabilities Other	5.5M	4.0M	2.4M	8.8M	16.3M	17.1M
Cash And Equivalents	173.3M	609.2M	322.8M	783.6M	901.2M	946.2M
Net Working Capital	271.2M	(1.5B)	(764.3M)	(1.3B)	(1.8B)	(1.7B)

Pair Trading with Youdao

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Youdao position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Youdao will appreciate offsetting losses from the drop in the long position's value.

Moving against Youdao Stock

0.8	GSUN	Golden Sun Education	Pair Corr
0.69	GV	Visionary Education	Pair Corr
0.67	COE	51Talk Online Education Earnings Call This Week	Pair Corr
0.55	VSTA	Vasta Platform	Pair Corr
0.33	WAFU	Wah Fu Education	Pair Corr

The ability to find closely correlated positions to Youdao could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Youdao when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Youdao - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Youdao Inc to buy it.

The correlation of Youdao is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Youdao moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Youdao Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Youdao can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Youdao Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Youdao's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Youdao Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Youdao Inc Stock:

How To Invest In Youdao

Details

Is Youdao Stock a good investment?

Details

What is Youdao's Net Worth?

Details

Largest Diversified Consumer Services Companies

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Largest Education & Training Services Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Youdao Inc. 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.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Youdao. If investors know Youdao will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Youdao listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

3.683

Earnings Share

0.06

Revenue Per Share

48.125

Quarterly Revenue Growth

0.095

Return On Assets

(0.01)

The market value of Youdao Inc is measured differently than its book value, which is the value of Youdao that is recorded on the company's balance sheet. Investors also form their own opinion of Youdao's value that differs from its market value or its book value, called intrinsic value, which is Youdao's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Youdao's market value can be influenced by many factors that don't directly affect Youdao's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Youdao's value and its price as these two are different measures arrived at by different means. Investors typically determine if Youdao is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Youdao's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Youdao Net Invested Capital vs Capital Surpluse Analysis

Net Invested Capital vs Capital Surpluse

Net Invested Capital vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Net Invested Capital

Capital Surpluse

Youdao fundamental ratios Correlations

Youdao Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Youdao fundamental ratios Accounts

Pair Trading with Youdao

Moving against Youdao Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Property Plant And Equipment Net
Inventory	+ 0.99	Non Current Assets Total
Other Current Assets	+ 0.99	Other Assets
Property Plant And Equipment Net	+ 0.98	Total Current Liabilities

Capital Surpluse	- 0.98	Retained Earnings
Total Liab	- 0.96	Retained Earnings
Inventory	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.95	Retained Earnings
Net Receivables	- 0.95	Retained Earnings
Non Current Assets Total	- 0.95	Retained Earnings