Fujian Good Will vs Total Stockholder Equity Analysis

000997 Stock   20.03  0.29  1.43%   
Fujian Newland financial indicator trend analysis is much more than just examining Fujian Newland Computer latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Newland Computer is a good investment. Please check the relationship between Fujian Newland Good Will and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Newland Computer. 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.

Good Will vs Total Stockholder Equity

Good Will vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Newland Computer Good Will account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fujian Newland's Good Will and Total Stockholder Equity is 0.91. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Fujian Newland Computer, assuming nothing else is changed. The correlation between historical values of Fujian Newland's Good Will and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Fujian Newland Computer are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Good Will i.e., Fujian Newland's Good Will and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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.
Most indicators from Fujian Newland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Newland Computer 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 Fujian Newland Computer. 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 December 29, 2024, Selling General Administrative is expected to decline to about 282.7 M. In addition to that, Discontinued Operations is expected to decline to about (3.9 M)
 2021 2022 2023 2024 (projected)
Operating Income551.6M869.9M1.7B1.8B
Total Revenue7.2B7.4B8.2B8.7B

Fujian Newland fundamental ratios Correlations

0.50.990.990.440.980.760.970.860.45-0.08-0.190.830.990.620.780.79-0.130.920.930.110.110.910.960.950.92
0.50.50.490.180.530.360.480.620.440.020.070.350.50.580.610.69-0.170.520.510.020.040.520.560.550.42
0.990.50.950.480.950.730.940.820.46-0.11-0.160.811.00.630.780.77-0.180.910.870.070.040.880.930.920.9
0.990.490.950.390.990.750.960.860.44-0.04-0.230.840.950.610.760.76-0.130.910.960.160.180.930.970.960.91
0.440.180.480.390.460.10.420.180.2-0.3-0.120.380.50.430.430.16-0.240.650.24-0.09-0.080.420.350.480.29
0.980.530.950.990.460.730.960.850.39-0.06-0.210.870.950.630.780.75-0.180.920.940.060.10.90.950.940.9
0.760.360.730.750.10.730.770.730.27-0.31-0.080.680.750.170.460.660.330.580.76-0.17-0.270.60.780.640.77
0.970.480.940.960.420.960.770.910.26-0.16-0.30.790.940.510.680.78-0.120.890.93-0.060.040.870.940.90.96
0.860.620.820.860.180.850.730.910.340.03-0.270.660.820.550.640.93-0.160.780.870.00.130.80.880.830.88
0.450.440.460.440.20.390.270.260.340.180.020.280.470.680.580.57-0.110.510.380.70.390.580.50.570.22
-0.080.02-0.11-0.04-0.3-0.06-0.31-0.160.030.180.330.09-0.130.140.250.11-0.34-0.11-0.060.510.670.02-0.13-0.04-0.19
-0.190.07-0.16-0.23-0.12-0.21-0.08-0.3-0.270.020.330.03-0.150.010.16-0.10.16-0.3-0.35-0.06-0.08-0.32-0.34-0.33-0.35
0.830.350.810.840.380.870.680.790.660.280.090.030.810.440.690.54-0.240.720.760.020.060.70.750.730.72
0.990.51.00.950.50.950.750.940.820.47-0.13-0.150.810.620.780.78-0.130.920.870.060.030.880.930.920.9
0.620.580.630.610.430.630.170.510.550.680.140.010.440.620.730.65-0.450.710.550.410.360.710.610.70.46
0.780.610.780.760.430.780.460.680.640.580.250.160.690.780.730.75-0.180.810.710.260.220.810.730.770.67
0.790.690.770.760.160.750.660.780.930.570.11-0.10.540.780.650.75-0.110.750.780.170.20.790.820.790.77
-0.13-0.17-0.18-0.13-0.24-0.180.33-0.12-0.16-0.11-0.340.16-0.24-0.13-0.45-0.18-0.11-0.22-0.08-0.16-0.31-0.18-0.09-0.18-0.07
0.920.520.910.910.650.920.580.890.780.51-0.11-0.30.720.920.710.810.75-0.220.870.20.20.950.910.960.84
0.930.510.870.960.240.940.760.930.870.38-0.06-0.350.760.870.550.710.78-0.080.870.160.170.930.970.930.94
0.110.020.070.16-0.090.06-0.17-0.060.00.70.51-0.060.020.060.410.260.17-0.160.20.160.850.380.160.32-0.08
0.110.040.040.18-0.080.1-0.270.040.130.390.67-0.080.060.030.360.220.2-0.310.20.170.850.350.120.3-0.04
0.910.520.880.930.420.90.60.870.80.580.02-0.320.70.880.710.810.79-0.180.950.930.380.350.950.980.86
0.960.560.930.970.350.950.780.940.880.5-0.13-0.340.750.930.610.730.82-0.090.910.970.160.120.950.960.93
0.950.550.920.960.480.940.640.90.830.57-0.04-0.330.730.920.70.770.79-0.180.960.930.320.30.980.960.85
0.920.420.90.910.290.90.770.960.880.22-0.19-0.350.720.90.460.670.77-0.070.840.94-0.08-0.040.860.930.85
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Fujian Newland Account Relationship Matchups

Fujian Newland fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2B11.8B11.3B11.6B13.2B13.9B
Other Current Liab3.5B3.3B3.0B4.3B14.3M13.6M
Total Current Liabilities5.9B5.1B4.5B5.7B6.3B6.6B
Total Stockholder Equity5.8B6.1B6.3B5.6B6.4B6.7B
Other Liab40.0M50.1M111.5M98.1M112.8M118.5M
Retained Earnings3.1B3.4B3.7B3.1B3.4B3.6B
Accounts Payable796.3M771.3M949.4M625.6M910.2M955.7M
Cash4.6B4.4B3.8B3.8B4.5B4.7B
Other Assets2.5B1.7B1.3B989.0M1.1B1.2B
Net Receivables1.4B1.0B1.1B1.0B927.9M863.4M
Short Term Investments485.8M171.4M291.2M65.4M100.2M95.2M
Inventory1.0B902.9M1.1B1.1B882.6M835.8M
Other Current Assets209.6M257.3M319.6M186.6M278.4M292.3M
Total Liab5.9B5.4B4.8B5.8B6.5B6.8B
Intangible Assets172.1M155.3M139.2M132.3M133.0M72.8M
Common Stock1.0B1.0B1.1B1.0B1.2B639.6M
Property Plant Equipment800.3M556.3M390.1M385.6M443.4M291.3M
Long Term Debt234M38.3M157M155M178.3M159.4M
Net Tangible Assets5.0B5.3B5.5B4.8B5.6B4.5B
Other Stockholder Equity2.8M2.1M1.2M(1.8M)(1.7M)(1.6M)
Deferred Long Term Liab22.5M22.8M17.6M14.5M13.1M17.2M
Total Current Assets7.8B7.7B7.7B7.6B7.9B7.6B
Non Current Assets Total4.5B4.1B3.5B3.9B5.3B3.9B
Non Currrent Assets Other2.7M488.5M325.3M988.8M2.5B2.7B
Non Current Liabilities Total78.3M207.1M278.2M116.7M170.7M153.0M
Short Long Term Debt606.7M804.0M327.5M505.1M1.2B624.4M
Non Current Liabilities Other40M234M38.3M25.6M23.1M21.9M
Common Stock Shares Outstanding1.0B1.0B1.1B1.0B1.2B1.1B
Net Invested Capital6.4B7.1B6.7B6.1B7.6B7.1B
Net Working Capital1.9B2.6B3.2B1.9B1.6B1.9B

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Other Information on Investing in Fujian Stock

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