Dada Property Plant Equipment vs Accounts Payable Analysis

DADA Stock  USD 1.93  0.02  1.05%   
Dada Nexus financial indicator trend analysis is much more than just examining Dada Nexus latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dada Nexus is a good investment. Please check the relationship between Dada Nexus Property Plant Equipment and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dada Nexus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dada Nexus Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dada Nexus' Property Plant Equipment and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Dada Nexus, assuming nothing else is changed. The correlation between historical values of Dada Nexus' Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Dada Nexus are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Dada Nexus' Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Dada Nexus obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Dada Nexus are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Dada Nexus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dada Nexus 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 Dada Nexus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.The current year's Selling General Administrative is expected to grow to about 373 M, whereas Tax Provision is forecasted to decline to (5.3 M).
 2021 2023 2024 (projected)
Depreciation And Amortization111.0M515.7M541.5M
Interest Income111.0M127.6M76.0M

Dada Nexus fundamental ratios Correlations

-0.070.890.920.87-0.770.860.610.68-0.63-0.770.520.570.26-0.24-0.040.920.76-0.40.830.030.74-0.75-0.740.570.4
-0.07-0.43-0.24-0.460.13-0.470.28-0.54-0.530.40.60.56-0.21-0.01-0.350.27-0.450.54-0.42-0.91-0.320.590.03-0.53-0.7
0.89-0.430.920.96-0.760.950.540.74-0.34-0.820.240.30.17-0.040.240.680.82-0.490.90.370.75-0.92-0.660.710.56
0.92-0.240.920.94-0.740.930.680.69-0.48-0.780.450.460.14-0.070.170.790.79-0.440.880.120.67-0.88-0.730.440.47
0.87-0.460.960.94-0.710.990.580.76-0.34-0.810.30.30.250.010.340.680.84-0.510.930.320.69-0.98-0.670.590.59
-0.770.13-0.76-0.74-0.71-0.74-0.6-0.780.260.94-0.4-0.130.10.09-0.2-0.61-0.880.51-0.88-0.26-0.870.630.97-0.54-0.48
0.86-0.470.950.930.99-0.740.570.8-0.35-0.840.270.30.17-0.020.350.670.88-0.580.960.330.67-0.97-0.70.590.65
0.610.280.540.680.58-0.60.570.17-0.47-0.440.860.51-0.020.480.50.620.40.110.57-0.380.35-0.54-0.65-0.07-0.13
0.68-0.540.740.690.76-0.780.80.17-0.16-0.94-0.090.0-0.04-0.430.070.470.97-0.90.890.570.73-0.72-0.750.690.91
-0.63-0.53-0.34-0.48-0.340.26-0.35-0.47-0.160.17-0.55-0.970.090.330.29-0.88-0.240.15-0.30.63-0.020.190.31-0.08-0.03
-0.770.4-0.82-0.78-0.810.94-0.84-0.44-0.940.17-0.17-0.030.030.2-0.21-0.55-0.980.72-0.95-0.47-0.860.760.91-0.65-0.73
0.520.60.240.450.3-0.40.270.86-0.09-0.55-0.170.590.20.310.160.630.120.380.28-0.650.25-0.19-0.5-0.28-0.43
0.570.560.30.460.3-0.130.30.510.0-0.97-0.030.59-0.05-0.2-0.250.820.10.010.2-0.71-0.09-0.17-0.18-0.04-0.11
0.26-0.210.170.140.250.10.17-0.02-0.040.090.030.2-0.050.01-0.10.14-0.060.30.030.130.3-0.210.130.15-0.16
-0.24-0.01-0.04-0.070.010.09-0.020.48-0.430.330.20.31-0.20.010.83-0.31-0.250.55-0.07-0.11-0.18-0.130.1-0.33-0.47
-0.04-0.350.240.170.34-0.20.350.50.070.29-0.210.16-0.25-0.10.83-0.190.220.020.350.180.02-0.48-0.19-0.060.07
0.920.270.680.790.68-0.610.670.620.47-0.88-0.550.630.820.14-0.31-0.190.57-0.280.64-0.320.48-0.51-0.630.350.22
0.76-0.450.820.790.84-0.880.880.40.97-0.24-0.980.120.1-0.06-0.250.220.57-0.810.970.450.77-0.8-0.860.640.82
-0.40.54-0.49-0.44-0.510.51-0.580.11-0.90.150.720.380.010.30.550.02-0.28-0.81-0.67-0.52-0.380.510.49-0.57-0.98
0.83-0.420.90.880.93-0.880.960.570.89-0.3-0.950.280.20.03-0.070.350.640.97-0.670.360.76-0.9-0.850.590.7
0.03-0.910.370.120.32-0.260.33-0.380.570.63-0.47-0.65-0.710.13-0.110.18-0.320.45-0.520.360.5-0.41-0.130.650.65
0.74-0.320.750.670.69-0.870.670.350.73-0.02-0.860.25-0.090.3-0.180.020.480.77-0.380.760.5-0.61-0.790.670.43
-0.750.59-0.92-0.88-0.980.63-0.97-0.54-0.720.190.76-0.19-0.17-0.21-0.13-0.48-0.51-0.80.51-0.9-0.41-0.610.58-0.53-0.62
-0.740.03-0.66-0.73-0.670.97-0.7-0.65-0.750.310.91-0.5-0.180.130.1-0.19-0.63-0.860.49-0.85-0.13-0.790.58-0.35-0.44
0.57-0.530.710.440.59-0.540.59-0.070.69-0.08-0.65-0.28-0.040.15-0.33-0.060.350.64-0.570.590.650.67-0.53-0.350.62
0.4-0.70.560.470.59-0.480.65-0.130.91-0.03-0.73-0.43-0.11-0.16-0.470.070.220.82-0.980.70.650.43-0.62-0.440.62
Click cells to compare fundamentals

Dada Nexus Account Relationship Matchups

Dada Nexus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.3B9.5B5.3B9.0B7.6B7.2B
Other Current Liab11.6M1.5B1.2B1.7B1.7B1.1B
Total Current Liabilities840.4M2.4B1.4B2.0B2.0B1.6B
Total Stockholder Equity(7.2B)7.0B3.8B7.0B5.6B5.8B
Other Liab43.7M38.6M27M22.0M19.8M35.2M
Net Tangible Assets(8.9B)5.6B2.5B4.4B5.0B5.3B
Property Plant And Equipment Net42.0M146.8M114.4M54.4M24.7M23.5M
Current Deferred Revenue72.0M99.2M111.8M182.4M280.1M294.1M
Net Debt(1.2B)(4.6B)(330.8M)(1.1B)(1.9B)(2.0B)
Retained Earnings(7.6B)(9.3B)(11.8B)(13.8B)(15.8B)(15.0B)
Accounts Payable9.9M13.8M9.8M9.8M5.0M7.3M
Cash1.2B5.5B512.8M1.2B1.9B1.7B
Non Current Assets Total1.7B2.0B1.8B2.7B1.5B2.2B
Non Currrent Assets Other5.9M12.7M33.2M8.2M512K486.4K
Other Assets5.9M12.7M33.2M8.2M9.5M14.3M
Cash And Short Term Investments2.1B6.2B1.7B3.9B3.5B3.6B
Net Receivables414.2M1.0B1.2B1.4B2.1B2.2B
Short Term Investments957.4M770M1.2B2.7B1.6B1.3B
Liabilities And Stockholders Equity4.3B9.5B5.3B9.0B7.6B7.2B
Non Current Liabilities Total10.6B108.1M73.2M38.6M17.4M16.5M
Inventory3.9M5.4M6.3M8.8M9.3M7.5M
Other Current Assets34.6M175.6M479.0M606.5M2.2B2.3B
Other Stockholder Equity(10.3B)16.4B15.7B20.6B21.0B22.1B
Total Liab11.5B2.5B1.5B2.0B2.0B1.9B
Net Invested Capital(7.2B)7.8B3.9B7.1B5.6B5.8B
Property Plant And Equipment Gross42.0M146.8M114.4M54.4M117.3M80.2M
Total Current Assets2.6B7.5B3.4B6.4B6.1B5.0B
Accumulated Other Comprehensive Income139.7M(70.3M)(109.8M)223.7M313.5M329.2M
Net Working Capital1.7B5.1B2.0B4.4B4.1B3.4B
Short Term Debt746.8M811.7M135.8M124.5M14.7M14.0M
Intangible Assets715.9M508.0M332.3M1.7B1.5B1.0B
Common Stock237K639K633K630K708K519.5K
Property Plant Equipment42.0M146.8M114.4M54.4M62.6M72.1M
Capital Stock237K639K633K630K708K564.5K

Pair Trading with Dada Nexus

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 Dada Nexus 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 Dada Nexus will appreciate offsetting losses from the drop in the long position's value.

Moving against Dada Stock

  0.57HITI High TidePairCorr
The ability to find closely correlated positions to Dada Nexus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dada Nexus 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 Dada Nexus - 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 Dada Nexus to buy it.
The correlation of Dada Nexus 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 Dada Nexus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dada Nexus 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 Dada Nexus 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 CorrelationCorrelation Matching
When determining whether Dada Nexus offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dada Nexus' 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 Dada Nexus Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dada Nexus Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dada Nexus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Dada Stock refer to our How to Trade Dada Stock guide.
Note that the Dada Nexus information on this page should be used as a complementary analysis to other Dada Nexus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is Dada Nexus' industry 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 Dada Nexus. If investors know Dada 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 Dada Nexus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.04)
Revenue Per Share
40.382
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.09)
Return On Equity
(0.31)
The market value of Dada Nexus is measured differently than its book value, which is the value of Dada that is recorded on the company's balance sheet. Investors also form their own opinion of Dada Nexus' value that differs from its market value or its book value, called intrinsic value, which is Dada Nexus' 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 Dada Nexus' market value can be influenced by many factors that don't directly affect Dada Nexus' 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 Dada Nexus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dada Nexus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dada Nexus' 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.