Nanjing Total Stockholder Equity vs Non Current Assets Total Analysis

000525 Stock   6.02  0.29  5.06%   
Nanjing Red financial indicator trend analysis is infinitely more than just investigating Nanjing Red Sun recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Red Sun is a good investment. Please check the relationship between Nanjing Red Total Stockholder Equity and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Red Sun. 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.

Total Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Red Sun Total Stockholder Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
Total Stockholder EquityNon Current Assets TotalDiversified AwayTotal Stockholder EquityNon Current Assets TotalDiversified Away100%
The correlation between Nanjing Red's Total Stockholder Equity and Non Current Assets Total is 0.77. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Nanjing Red Sun, assuming nothing else is changed. The correlation between historical values of Nanjing Red's Total Stockholder Equity and Non Current Assets Total 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 Nanjing Red Sun are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Total Stockholder Equity i.e., Nanjing Red's Total Stockholder Equity and Non Current Assets Total 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Nanjing Red's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Red Sun 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 Nanjing Red Sun. 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.
As of January 4, 2025, Selling General Administrative is expected to decline to about 238.2 M. The current year's Tax Provision is expected to grow to about (128.1 M)
 2022 2023 2024 2025 (projected)
Gross Profit2.4B186.2M214.2M203.4M
Research Development285.4M294.9M339.2M356.1M

Nanjing Red fundamental ratios Correlations

0.470.940.580.290.60.480.560.420.130.680.570.890.930.120.030.220.550.080.090.420.550.540.610.380.38
0.470.540.08-0.13-0.170.040.23-0.01-0.190.450.260.490.360.230.330.650.360.06-0.310.690.630.710.430.090.37
0.940.540.30.010.480.310.540.310.030.80.540.90.80.280.280.310.46-0.01-0.180.480.660.680.590.180.33
0.580.080.30.910.670.780.270.560.36-0.110.330.310.74-0.45-0.74-0.290.380.370.820.16-0.07-0.090.260.770.14
0.29-0.130.010.910.570.70.150.450.36-0.40.22-0.050.47-0.6-0.91-0.360.280.460.95-0.01-0.25-0.270.110.840.09
0.6-0.170.480.670.570.720.190.820.540.190.340.370.7-0.14-0.43-0.450.050.160.490.02-0.14-0.160.090.45-0.13
0.480.040.310.780.70.720.330.430.18-0.040.170.220.61-0.42-0.59-0.430.280.270.660.370.050.050.350.75-0.04
0.560.230.540.270.150.190.33-0.08-0.130.440.410.390.46-0.150.040.380.830.010.010.330.520.470.660.460.64
0.42-0.010.310.560.450.820.43-0.080.820.070.140.260.550.07-0.41-0.35-0.120.20.4-0.11-0.39-0.36-0.250.23-0.2
0.13-0.190.030.360.360.540.18-0.130.82-0.2-0.170.030.220.16-0.49-0.27-0.140.390.43-0.44-0.62-0.6-0.510.19-0.26
0.680.450.8-0.11-0.40.19-0.040.440.07-0.20.40.740.490.550.70.440.38-0.53-0.580.450.750.70.63-0.250.47
0.570.260.540.330.220.340.170.410.14-0.170.40.450.55-0.440.070.260.220.04-0.010.260.410.390.410.230.28
0.890.490.90.31-0.050.370.220.390.260.030.740.450.810.330.320.30.36-0.04-0.210.350.550.560.460.030.22
0.930.360.80.740.470.70.610.460.550.220.490.550.81-0.05-0.170.030.430.150.270.360.330.330.440.460.19
0.120.230.28-0.45-0.6-0.14-0.42-0.150.070.160.55-0.440.33-0.050.60.27-0.02-0.4-0.580.020.220.220.0-0.550.07
0.030.330.28-0.74-0.91-0.43-0.590.04-0.41-0.490.70.070.32-0.170.60.51-0.05-0.61-0.970.240.560.550.23-0.750.18
0.220.650.31-0.29-0.36-0.45-0.430.38-0.35-0.270.440.260.30.030.270.510.390.0-0.530.170.550.540.34-0.110.56
0.550.360.460.380.280.050.280.83-0.12-0.140.380.220.360.43-0.02-0.050.39-0.040.150.410.570.520.750.50.84
0.080.06-0.010.370.460.160.270.010.20.39-0.530.04-0.040.15-0.4-0.610.0-0.040.48-0.24-0.34-0.24-0.340.59-0.35
0.09-0.31-0.180.820.950.490.660.010.40.43-0.58-0.01-0.210.27-0.58-0.97-0.530.150.48-0.18-0.44-0.46-0.050.75-0.05
0.420.690.480.16-0.010.020.370.33-0.11-0.440.450.260.350.360.020.240.170.41-0.24-0.180.750.80.640.260.31
0.550.630.66-0.07-0.25-0.140.050.52-0.39-0.620.750.410.550.330.220.560.550.57-0.34-0.440.750.980.860.060.59
0.540.710.68-0.09-0.27-0.160.050.47-0.36-0.60.70.390.560.330.220.550.540.52-0.24-0.460.80.980.780.070.51
0.610.430.590.260.110.090.350.66-0.25-0.510.630.410.460.440.00.230.340.75-0.34-0.050.640.860.780.30.76
0.380.090.180.770.840.450.750.460.230.19-0.250.230.030.46-0.55-0.75-0.110.50.590.750.260.060.070.30.17
0.380.370.330.140.09-0.13-0.040.64-0.2-0.260.470.280.220.190.070.180.560.84-0.35-0.050.310.590.510.760.17
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Nanjing Red Account Relationship Matchups

Nanjing Red fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.5B9.7B10.3B9.9B11.3B7.3B
Other Current Liab1.1B1.1B1.7B583.4M670.9M494.6M
Total Current Liabilities6.5B6.9B6.9B7.2B8.2B4.5B
Total Stockholder Equity4.0B553.9M1.3B878.8M1.0B960.1M
Retained Earnings1.5B(2.3B)(1.5B)(2.2B)(1.9B)(1.9B)
Accounts Payable1.1B925.9M940.2M1.3B1.5B1.3B
Cash198.1M263.4M392.3M313.6M360.7M342.6M
Net Receivables630.0M2.7B836.3M844.6M971.2M867.2M
Inventory930.0M732.6M1.1B743.5M855.1M1.1B
Other Current Assets418.5M341.0M309.4M88.0M101.1M96.1M
Total Liab7.4B9.1B8.9B8.9B10.2B10.7B
Intangible Assets592.3M521.9M391.5M386.7M444.7M260.3M
Property Plant Equipment4.5B3.9B3.5B3.1B3.6B2.6B
Other Assets271.7M581.8M610.5M708.2M814.5M855.2M
Other Liab265.6M470.3M1.8B1.7B1.9B2.0B
Short Term Investments146.2M180.1M202.5M25.7M29.5M39.1M
Long Term Debt494.0M374.0M301.0M221.8M255.0M324.9M
Net Tangible Assets3.3B2.8B(580.4M)267.2M240.5M228.5M
Other Stockholder Equity76.2M74.6M86.4M71.6M82.3M89.4M
Deferred Long Term Liab64.9M63.7M59.0M55.9M64.2M54.4M
Total Current Assets5.6B4.2B5.2B4.7B5.4B5.9B
Non Current Assets Total6.0B5.5B5.1B5.2B4.7B4.7B
Non Currrent Assets Other243.7M201.8M233.3M183.8M211.3M242.7M
Non Current Liabilities Total964.2M2.2B2.0B1.7B2.0B1.3B
Short Long Term Debt3.8B3.7B3.3B3.4B3.0B2.9B
Net Debt4.1B3.8B3.2B3.3B3.8B3.4B
Net Invested Capital8.3B4.6B4.9B4.5B4.0B5.7B
Net Working Capital(883.5M)(2.7B)(1.7B)(2.5B)(2.2B)(2.3B)
Property Plant And Equipment Net3.9B3.5B3.1B3.2B2.9B2.9B
Property Plant And Equipment Gross7.4B7.3B3.1B7.6B6.8B5.2B

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Other Information on Investing in Nanjing Stock

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

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