Xiwang Depreciation vs Begin Period Cash Flow Analysis

000639 Stock   3.18  0.17  5.07%   
Xiwang Foodstuffs financial indicator trend analysis is more than just analyzing Xiwang Foodstuffs current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiwang Foodstuffs is a good investment. Please check the relationship between Xiwang Foodstuffs Depreciation and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiwang Foodstuffs Co. 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.

Depreciation vs Begin Period Cash Flow

Depreciation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiwang Foodstuffs Depreciation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Xiwang Foodstuffs' Depreciation and Begin Period Cash Flow is -0.61. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Xiwang Foodstuffs Co, assuming nothing else is changed. The correlation between historical values of Xiwang Foodstuffs' Depreciation and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Xiwang Foodstuffs Co are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Xiwang Foodstuffs' Depreciation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of Xiwang Foodstuffs value has been used up. For tax purposes Xiwang Foodstuffs can deduct the cost of the tangible assets it purchases as business expenses. However, Xiwang Foodstuffs Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Xiwang Foodstuffs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiwang Foodstuffs 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 Xiwang Foodstuffs Co. 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 Selling General Administrative is expected to grow to about 910.2 M, whereas Tax Provision is projected to grow to (29.1 M).
 2024 2025 (projected)
Other Operating Expenses11.4M9.1M
Gross Profit1.3B1.5B

Xiwang Foodstuffs fundamental ratios Correlations

0.480.960.940.890.840.730.790.860.130.970.960.850.460.63-0.320.73-0.570.940.920.04-0.5-0.72-0.24-0.58-0.89
0.480.290.380.180.41-0.010.520.080.360.530.450.20.220.740.310.44-0.480.320.40.550.03-0.090.470.24-0.51
0.960.290.920.930.830.790.730.89-0.020.920.920.880.410.44-0.460.67-0.50.940.9-0.13-0.56-0.76-0.42-0.62-0.83
0.940.380.920.860.930.830.60.830.20.840.940.930.470.56-0.430.49-0.280.920.97-0.13-0.65-0.83-0.42-0.63-0.9
0.890.180.930.860.70.740.70.960.120.850.860.860.490.41-0.440.63-0.480.890.82-0.24-0.61-0.77-0.47-0.72-0.72
0.840.410.830.930.70.730.50.630.090.720.820.860.310.46-0.470.35-0.130.820.95-0.13-0.6-0.74-0.43-0.4-0.81
0.73-0.010.790.830.740.730.280.810.040.60.80.940.270.12-0.720.21-0.030.840.81-0.52-0.86-0.95-0.72-0.83-0.8
0.790.520.730.60.70.50.280.61-0.030.860.650.460.60.610.090.91-0.870.710.620.26-0.1-0.30.1-0.22-0.52
0.860.080.890.830.960.630.810.610.10.810.870.870.490.33-0.460.56-0.420.880.77-0.3-0.66-0.83-0.5-0.84-0.75
0.130.36-0.020.20.120.090.04-0.030.10.070.170.130.260.440.13-0.060.050.110.170.08-0.19-0.160.09-0.14-0.19
0.970.530.920.840.850.720.60.860.810.070.920.720.430.66-0.20.85-0.730.880.830.2-0.34-0.59-0.07-0.5-0.84
0.960.450.920.940.860.820.80.650.870.170.920.880.390.55-0.420.59-0.450.940.92-0.01-0.59-0.82-0.28-0.67-0.97
0.850.20.880.930.860.860.940.460.870.130.720.880.370.29-0.650.33-0.140.910.92-0.43-0.86-0.96-0.66-0.74-0.85
0.460.220.410.470.490.310.270.60.490.260.430.390.370.450.270.36-0.330.490.39-0.02-0.21-0.3-0.08-0.32-0.31
0.630.740.440.560.410.460.120.610.330.440.660.550.290.450.320.63-0.560.440.490.60.1-0.110.4-0.12-0.53
-0.320.31-0.46-0.43-0.44-0.47-0.720.09-0.460.13-0.2-0.42-0.650.270.320.12-0.27-0.51-0.520.660.750.730.80.590.41
0.730.440.670.490.630.350.210.910.56-0.060.850.590.330.360.630.12-0.960.590.490.390.07-0.150.22-0.22-0.45
-0.57-0.48-0.5-0.28-0.48-0.13-0.03-0.87-0.420.05-0.73-0.45-0.14-0.33-0.56-0.27-0.96-0.43-0.29-0.46-0.190.0-0.380.10.31
0.940.320.940.920.890.820.840.710.880.110.880.940.910.490.44-0.510.59-0.430.94-0.19-0.67-0.84-0.43-0.7-0.87
0.920.40.90.970.820.950.810.620.770.170.830.920.920.390.49-0.520.49-0.290.94-0.15-0.66-0.83-0.43-0.57-0.88
0.040.55-0.13-0.13-0.24-0.13-0.520.26-0.30.080.2-0.01-0.43-0.020.60.660.39-0.46-0.19-0.150.760.550.910.43-0.02
-0.50.03-0.56-0.65-0.61-0.6-0.86-0.1-0.66-0.19-0.34-0.59-0.86-0.210.10.750.07-0.19-0.67-0.660.760.940.830.680.6
-0.72-0.09-0.76-0.83-0.77-0.74-0.95-0.3-0.83-0.16-0.59-0.82-0.96-0.3-0.110.73-0.150.0-0.84-0.830.550.940.720.80.81
-0.240.47-0.42-0.42-0.47-0.43-0.720.1-0.50.09-0.07-0.28-0.66-0.080.40.80.22-0.38-0.43-0.430.910.830.720.580.23
-0.580.24-0.62-0.63-0.72-0.4-0.83-0.22-0.84-0.14-0.5-0.67-0.74-0.32-0.120.59-0.220.1-0.7-0.570.430.680.80.580.62
-0.89-0.51-0.83-0.9-0.72-0.81-0.8-0.52-0.75-0.19-0.84-0.97-0.85-0.31-0.530.41-0.450.31-0.87-0.88-0.020.60.810.230.62
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Xiwang Foodstuffs Account Relationship Matchups

Xiwang Foodstuffs fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.7B7.7B7.1B7.2B8.2B8.6B
Other Current Liab409.3M270.1M19.7M22.3M25.6M24.3M
Total Current Liabilities2.0B2.0B2.0B2.7B3.1B3.2B
Total Stockholder Equity3.7B3.8B3.3B3.3B3.8B4.0B
Accounts Payable234.7M508.7M374.4M427.8M491.9M516.5M
Cash1.8B1.6B1.5B1.7B2.0B2.1B
Other Assets102.5M231.9M133.6M191.6M220.4M231.4M
Net Receivables236.4M268.0M316.7M321.2M369.4M189.6M
Inventory609.2M979.2M1.0B929.7M1.1B1.1B
Other Current Assets197.7M414.1M54.6M31.8M36.5M34.7M
Total Liab3.4B3.3B3.2B3.2B3.7B3.9B
Intangible Assets3.1B3.0B2.7B2.8B3.2B3.3B
Property Plant Equipment691.7M661.3M659.2M745.8M857.6M438.1M
Retained Earnings1.0B1.2B426.3M396.0M455.4M475.8M
Long Term Debt836.7M629.0M758.8M39.3M45.2M42.9M
Other Liab1.4B592.8M580.7M563.8M648.4M733.8M
Net Tangible Assets(988.0M)(192.9M)166.3M384.3M442.0M464.1M
Total Current Assets3.2B3.3B3.1B3.1B3.6B3.0B
Non Current Assets Total4.5B4.4B4.0B4.0B3.6B3.9B
Non Currrent Assets Other116.4M42.0M37.7M32.9M29.6M28.1M
Good Will362.7M354.4M145.0M147.5M132.7M126.1M
Non Current Liabilities Total1.4B1.2B1.2B551.0M495.9M471.1M
Other Stockholder Equity35.0M66.5M(64.6M)(111.4M)(100.3M)(95.2M)
Deferred Long Term Liab2.3M1.5M596.4K4.6M4.1M3.2M
Short Long Term Debt1.1B1.1B1.1B1.1B949.4M959.1M
Non Current Liabilities Other524.6K797.0K174.1K74.2M66.7M63.4M
Net Invested Capital5.6B5.5B5.2B4.4B4.0B4.4B
Net Working Capital1.2B1.3B1.1B432.5M497.4M914.4M
Property Plant And Equipment Net659.2M745.8M804.7M763.7M878.3M799.6M
Property Plant And Equipment Gross1.1B1.2B804.7M1.3B1.5B1.2B

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Other Information on Investing in Xiwang Stock

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