Qingdao Net Invested Capital vs Common Stock Shares Outstanding Analysis

001219 Stock   12.99  0.24  1.81%   
Qingdao Foods financial indicator trend analysis is much more than just breaking down Qingdao Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingdao Foods is a good investment. Please check the relationship between Qingdao Foods Net Invested Capital and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao Foods 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 board of governors.

Net Invested Capital vs Common Stock Shares Outstanding

Net Invested Capital vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Foods Net Invested Capital account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Qingdao Foods' Net Invested Capital and Common Stock Shares Outstanding is 0.83. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Qingdao Foods Co, assuming nothing else is changed. The correlation between historical values of Qingdao Foods' Net Invested Capital and Common Stock Shares Outstanding 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 Qingdao Foods Co are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Net Invested Capital i.e., Qingdao Foods' Net Invested Capital and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Net Invested Capital

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

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Qingdao Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingdao Foods 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 Qingdao Foods 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 board of governors.
As of March 1, 2025, Selling General Administrative is expected to decline to about 10.9 M. In addition to that, Tax Provision is expected to decline to about 29.5 M
 2022 2023 2024 2025 (projected)
Gross Profit157.9M149.5M134.6M121.0M
Total Revenue493.8M489.3M562.7M518.3M

Qingdao Foods fundamental ratios Correlations

-0.40.911.0-0.91-0.730.980.850.75-0.280.230.930.82-0.84-0.81-0.750.930.921.0-0.540.970.99-0.520.650.880.99
-0.4-0.41-0.390.650.12-0.45-0.65-0.130.690.22-0.42-0.690.30.270.16-0.48-0.4-0.410.23-0.3-0.370.64-0.35-0.54-0.46
0.91-0.410.9-0.85-0.50.950.90.53-0.47-0.060.880.81-0.73-0.86-0.710.821.00.92-0.570.970.85-0.440.770.880.88
1.0-0.390.9-0.91-0.740.970.840.76-0.270.240.930.82-0.85-0.81-0.750.930.911.0-0.530.960.99-0.520.640.880.99
-0.910.65-0.85-0.910.53-0.93-0.83-0.560.50.01-0.86-0.910.820.790.58-0.9-0.85-0.920.52-0.84-0.90.61-0.71-0.93-0.95
-0.730.12-0.5-0.740.53-0.63-0.48-1.0-0.37-0.8-0.74-0.320.770.540.72-0.77-0.51-0.70.54-0.66-0.770.26-0.35-0.33-0.72
0.98-0.450.950.97-0.93-0.630.870.65-0.40.080.920.88-0.85-0.83-0.770.880.950.98-0.530.960.94-0.450.770.910.96
0.85-0.650.90.84-0.83-0.480.870.51-0.540.010.760.86-0.57-0.64-0.550.760.90.86-0.390.860.8-0.550.60.820.83
0.75-0.130.530.76-0.56-1.00.650.510.340.790.760.36-0.77-0.55-0.730.780.540.72-0.550.680.79-0.280.380.360.74
-0.280.69-0.47-0.270.5-0.37-0.4-0.540.340.77-0.26-0.690.030.260.06-0.23-0.45-0.320.03-0.3-0.20.5-0.33-0.65-0.31
0.230.22-0.060.240.01-0.80.080.010.790.770.2-0.18-0.290.0-0.280.28-0.050.19-0.160.140.330.02-0.17-0.220.21
0.93-0.420.880.93-0.86-0.740.920.760.76-0.260.20.7-0.89-0.9-0.860.960.890.92-0.770.910.9-0.530.720.780.93
0.82-0.690.810.82-0.91-0.320.880.860.36-0.69-0.180.7-0.62-0.56-0.50.70.80.85-0.220.760.79-0.520.630.940.83
-0.840.3-0.73-0.850.820.77-0.85-0.57-0.770.03-0.29-0.89-0.620.810.81-0.85-0.74-0.830.66-0.78-0.840.24-0.8-0.65-0.85
-0.810.27-0.86-0.810.790.54-0.83-0.64-0.550.260.0-0.9-0.560.810.69-0.87-0.86-0.810.85-0.84-0.770.47-0.78-0.74-0.82
-0.750.16-0.71-0.750.580.72-0.77-0.55-0.730.06-0.28-0.86-0.50.810.69-0.71-0.72-0.740.64-0.77-0.70.16-0.68-0.51-0.7
0.93-0.480.820.93-0.9-0.770.880.760.78-0.230.280.960.7-0.85-0.87-0.710.820.92-0.730.870.93-0.670.590.790.96
0.92-0.41.00.91-0.85-0.510.950.90.54-0.45-0.050.890.8-0.74-0.86-0.720.820.93-0.570.970.85-0.430.780.880.89
1.0-0.410.921.0-0.92-0.70.980.860.72-0.320.190.920.85-0.83-0.81-0.740.920.93-0.510.970.98-0.520.650.90.99
-0.540.23-0.57-0.530.520.54-0.53-0.39-0.550.03-0.16-0.77-0.220.660.850.64-0.73-0.57-0.51-0.55-0.50.48-0.62-0.36-0.57
0.97-0.30.970.96-0.84-0.660.960.860.68-0.30.140.910.76-0.78-0.84-0.770.870.970.97-0.550.93-0.420.680.850.93
0.99-0.370.850.99-0.9-0.770.940.80.79-0.20.330.90.79-0.84-0.77-0.70.930.850.98-0.50.93-0.530.580.850.99
-0.520.64-0.44-0.520.610.26-0.45-0.55-0.280.50.02-0.53-0.520.240.470.16-0.67-0.43-0.520.48-0.42-0.53-0.08-0.6-0.6
0.65-0.350.770.64-0.71-0.350.770.60.38-0.33-0.170.720.63-0.8-0.78-0.680.590.780.65-0.620.680.58-0.080.620.63
0.88-0.540.880.88-0.93-0.330.910.820.36-0.65-0.220.780.94-0.65-0.74-0.510.790.880.9-0.360.850.85-0.60.620.89
0.99-0.460.880.99-0.95-0.720.960.830.74-0.310.210.930.83-0.85-0.82-0.70.960.890.99-0.570.930.99-0.60.630.89
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Qingdao Foods Account Relationship Matchups

Qingdao Foods fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets546.2M934.2M1.0B1.1B1.2B775.0M
Other Current Liab47.2M35.0M59.7M1.3M1.2M1.1M
Total Current Liabilities79.2M75.3M94.1M98.9M113.7M88.8M
Total Stockholder Equity465.7M857.7M923.1M974.6M1.1B685.5M
Property Plant And Equipment Net44.3M39.9M36.1M29.2M26.3M33.3M
Net Debt(59.8M)(133.9M)(460.2M)(182.6M)(164.3M)(172.5M)
Retained Earnings329.0M358.5M415.8M460.0M529.0M366.8M
Accounts Payable32.0M40.4M34.3M52.5M60.4M41.9M
Cash133.9M460.2M182.6M170.3M195.9M168.1M
Non Current Assets Total104.8M126.9M93.8M62.0M55.8M73.6M
Non Currrent Assets Other40.1M302.9M39.3M2.9M3.3M3.2M
Cash And Short Term Investments358.8M384.6M753.5M845.5M972.3M1.0B
Common Stock Shares Outstanding86.4M91.9M115.7M195.0M224.2M114.8M
Liabilities And Stockholders Equity496.3M546.2M934.2M1.0B1.2B707.2M
Non Current Liabilities Total1.3M1.2M999.3K939.3K845.4K803.1K
Inventory26.5M27.3M22.0M26.1M23.5M21.6M
Other Current Assets4.3M1.8M30.0M30.3M27.3M25.9M
Total Liab80.5M76.5M95.1M99.8M114.8M89.5M
Total Current Assets441.4M807.3M924.4M1.0B1.2B673.8M
Intangible Assets14.2M13.9M13.6M15.4M13.9M11.7M
Net Receivables14.6M11.0M12.5M12.6M14.5M13.6M
Short Term Investments250.7M293.3M663.0M762.1M876.4M499.0M
Net Invested Capital465.7M857.7M923.1M974.6M1.1B801.0M
Net Working Capital362.2M732.0M830.3M913.5M1.1B699.6M

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Other Information on Investing in Qingdao Stock

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