Xiamen Selling General Administrative vs Reconciled Depreciation Analysis

002228 Stock

2.84 0.02 0.70%

Xiamen Hexing financial indicator trend analysis is more than just analyzing Xiamen Hexing Packaging current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Hexing Packaging is a good investment. Please check the relationship between Xiamen Hexing Selling General Administrative and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Hexing Packaging. 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.

Selling General Administrative vs Reconciled Depreciation

Selling General Administrative vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Hexing Packaging Selling General Administrative account and Reconciled Depreciation. At this time, the significance of the direction appears to have very week relationship.

The correlation between Xiamen Hexing's Selling General Administrative and Reconciled Depreciation is 0.21. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Xiamen Hexing Packaging, assuming nothing else is changed. The correlation between historical values of Xiamen Hexing's Selling General Administrative and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Xiamen Hexing Packaging are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling General Administrative i.e., Xiamen Hexing's Selling General Administrative and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Selling General Administrative

Reconciled Depreciation

Most indicators from Xiamen Hexing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Hexing Packaging 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 Xiamen Hexing Packaging. 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 269.5 M, whereas Tax Provision is forecasted to decline to about 8.6 M.

	2022	2023	2024	2025 (projected)
Operating Income	202.5M	243.4M	279.9M	227.2M
Total Revenue	15.4B	12.4B	14.3B	15.0B

Operating Income Total Revenue

Xiamen Hexing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		0.58	0.87	0.99	0.98	0.98	0.8	0.97	0.87	0.83	0.62	0.99	0.98	0.93	0.95	0.85	0.87	-0.13	0.94	0.92	-0.82	0.95	0.9	0.68	0.76	0.48
Other Current Liab	0.58		0.69	0.55	0.63	0.56	0.52	0.52	0.66	0.69	0.46	0.59	0.53	0.59	0.52	0.37	0.64	0.15	0.52	0.54	-0.58	0.65	0.48	0.49	0.41	0.26
Total Current Liabilities	0.87	0.69		0.85	0.88	0.89	0.88	0.77	0.98	0.98	0.76	0.87	0.81	0.87	0.79	0.6	0.93	0.08	0.87	0.89	-0.82	0.95	0.79	0.59	0.63	0.32
Total Stockholder Equity	0.99	0.55	0.85		0.99	0.96	0.82	0.96	0.86	0.81	0.59	0.97	0.97	0.95	0.94	0.85	0.87	-0.09	0.94	0.89	-0.84	0.94	0.86	0.7	0.72	0.55
Retained Earnings	0.98	0.63	0.88	0.99		0.97	0.81	0.95	0.89	0.86	0.64	0.96	0.97	0.96	0.93	0.82	0.91	-0.01	0.93	0.89	-0.88	0.96	0.85	0.7	0.71	0.55
Accounts Payable	0.98	0.56	0.89	0.96	0.97		0.77	0.94	0.86	0.84	0.68	0.98	0.95	0.94	0.95	0.84	0.9	-0.02	0.92	0.93	-0.86	0.97	0.88	0.61	0.73	0.39
Cash	0.8	0.52	0.88	0.82	0.81	0.77		0.72	0.88	0.83	0.56	0.77	0.77	0.84	0.69	0.52	0.82	0.04	0.81	0.75	-0.78	0.83	0.67	0.63	0.51	0.36
Other Assets	0.97	0.52	0.77	0.96	0.95	0.94	0.72		0.77	0.71	0.52	0.96	0.96	0.88	0.93	0.9	0.84	-0.21	0.94	0.9	-0.76	0.89	0.91	0.7	0.82	0.55
Net Receivables	0.87	0.66	0.98	0.86	0.89	0.86	0.88	0.77		0.98	0.76	0.85	0.82	0.87	0.74	0.56	0.92	0.03	0.89	0.86	-0.82	0.95	0.75	0.68	0.58	0.46
Inventory	0.83	0.69	0.98	0.81	0.86	0.84	0.83	0.71	0.98		0.84	0.82	0.76	0.84	0.73	0.51	0.89	0.16	0.81	0.81	-0.81	0.92	0.69	0.62	0.51	0.34
Other Current Assets	0.62	0.46	0.76	0.59	0.64	0.68	0.56	0.52	0.76	0.84		0.63	0.53	0.6	0.51	0.32	0.64	0.13	0.62	0.62	-0.58	0.74	0.5	0.6	0.31	0.11
Total Liab	0.99	0.59	0.87	0.97	0.96	0.98	0.77	0.96	0.85	0.82	0.63		0.97	0.91	0.95	0.85	0.86	-0.16	0.93	0.94	-0.79	0.94	0.91	0.64	0.78	0.42
Intangible Assets	0.98	0.53	0.81	0.97	0.97	0.95	0.77	0.96	0.82	0.76	0.53	0.97		0.91	0.92	0.85	0.85	-0.17	0.93	0.9	-0.8	0.92	0.89	0.67	0.78	0.54
Common Stock	0.93	0.59	0.87	0.95	0.96	0.94	0.84	0.88	0.87	0.84	0.6	0.91	0.91		0.91	0.78	0.92	0.19	0.87	0.82	-0.96	0.94	0.75	0.62	0.6	0.48
Property Plant Equipment	0.95	0.52	0.79	0.94	0.93	0.95	0.69	0.93	0.74	0.73	0.51	0.95	0.92	0.91		0.94	0.83	0.01	0.84	0.86	-0.81	0.86	0.87	0.47	0.77	0.38
Long Term Debt	0.85	0.37	0.6	0.85	0.82	0.84	0.52	0.9	0.56	0.51	0.32	0.85	0.85	0.78	0.94		0.71	-0.11	0.79	0.81	-0.66	0.73	0.86	0.37	0.82	0.41
Other Liab	0.87	0.64	0.93	0.87	0.91	0.9	0.82	0.84	0.92	0.89	0.64	0.86	0.85	0.92	0.83	0.71		0.14	0.9	0.89	-0.9	0.94	0.83	0.57	0.73	0.51
Good Will	-0.13	0.15	0.08	-0.09	-0.01	-0.02	0.04	-0.21	0.03	0.16	0.13	-0.16	-0.17	0.19	0.01	-0.11	0.14		-0.22	-0.23	-0.41	0.01	-0.33	-0.25	-0.4	-0.24
Net Tangible Assets	0.94	0.52	0.87	0.94	0.93	0.92	0.81	0.94	0.89	0.81	0.62	0.93	0.93	0.87	0.84	0.79	0.9	-0.22		0.96	-0.76	0.94	0.92	0.73	0.8	0.58
Deferred Long Term Liab	0.92	0.54	0.89	0.89	0.89	0.93	0.75	0.9	0.86	0.81	0.62	0.94	0.9	0.82	0.86	0.81	0.89	-0.23	0.96		-0.71	0.93	0.97	0.55	0.87	0.42
Long Term Investments	-0.82	-0.58	-0.82	-0.84	-0.88	-0.86	-0.78	-0.76	-0.82	-0.81	-0.58	-0.79	-0.8	-0.96	-0.81	-0.66	-0.9	-0.41	-0.76	-0.71		-0.88	-0.62	-0.53	-0.46	-0.41
Total Current Assets	0.95	0.65	0.95	0.94	0.96	0.97	0.83	0.89	0.95	0.92	0.74	0.94	0.92	0.94	0.86	0.73	0.94	0.01	0.94	0.93	-0.88		0.85	0.7	0.68	0.44
Non Current Assets Total	0.9	0.48	0.79	0.86	0.85	0.88	0.67	0.91	0.75	0.69	0.5	0.91	0.89	0.75	0.87	0.86	0.83	-0.33	0.92	0.97	-0.62	0.85		0.52	0.95	0.44
Non Currrent Assets Other	0.68	0.49	0.59	0.7	0.7	0.61	0.63	0.7	0.68	0.62	0.6	0.64	0.67	0.62	0.47	0.37	0.57	-0.25	0.73	0.55	-0.53	0.7	0.52		0.38	0.57
Non Current Liabilities Total	0.76	0.41	0.63	0.72	0.71	0.73	0.51	0.82	0.58	0.51	0.31	0.78	0.78	0.6	0.77	0.82	0.73	-0.4	0.8	0.87	-0.46	0.68	0.95	0.38		0.47
Other Stockholder Equity	0.48	0.26	0.32	0.55	0.55	0.39	0.36	0.55	0.46	0.34	0.11	0.42	0.54	0.48	0.38	0.41	0.51	-0.24	0.58	0.42	-0.41	0.44	0.44	0.57	0.47

Click cells to compare fundamentals

Xiamen Hexing Account Relationship Matchups

Xiamen Hexing fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.1B	9.6B	8.8B	8.2B	9.5B	9.9B
Other Current Liab	210.7M	210.5M	439.2M	79.8M	91.8M	112.4M
Total Current Liabilities	3.7B	5.0B	4.1B	3.5B	4.0B	2.0B
Total Stockholder Equity	3.5B	3.4B	3.3B	3.3B	3.8B	4.0B
Retained Earnings	1.5B	1.6B	1.6B	1.4B	1.6B	1.7B
Accounts Payable	2.5B	3.4B	2.7B	2.8B	3.2B	3.3B
Cash	691.5M	528.9M	530.1M	606.5M	697.5M	386.2M
Other Assets	269.4M	394.5M	322.4M	377.0M	433.5M	455.2M
Net Receivables	3.0B	3.7B	2.8B	2.5B	2.8B	1.5B
Inventory	1.4B	2.0B	1.3B	1.1B	1.2B	740.8M
Other Current Assets	165.2M	214.2M	73.3M	67.1M	77.1M	64.4M
Total Liab	4.3B	5.8B	5.2B	4.7B	5.4B	5.7B
Intangible Assets	610.7M	676.4M	650.8M	671.5M	772.2M	810.9M
Property Plant Equipment	1.3B	1.6B	2.1B	2.2B	2.5B	2.7B
Long Term Debt	588.5M	663.4M	1.0B	1.1B	1.2B	1.3B
Other Liab	85.5M	86.7M	102.9M	102.4M	117.8M	61.0M
Net Tangible Assets	2.5B	2.8B	2.7B	2.7B	3.1B	2.4B
Deferred Long Term Liab	11.8M	15.3M	23.0M	21.1M	24.3M	14.0M
Total Current Assets	5.5B	6.4B	5.5B	4.9B	5.6B	5.0B
Non Current Assets Total	2.7B	3.2B	3.3B	3.3B	3.8B	2.7B
Non Currrent Assets Other	179.8M	76.0M	66.2M	39.9M	45.9M	77.3M
Non Current Liabilities Total	675.3M	849.3M	1.2B	1.2B	1.4B	699.8M
Other Stockholder Equity	71.8M	19.6M	1.8M	15.4M	17.7M	13.6M
Short Long Term Debt	878M	1.2B	571.0M	386.3M	347.6M	615.5M
Net Debt	775.0M	1.3B	1.1B	866.6M	996.5M	916.2M
Common Stock Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.4B	1.3B
Net Invested Capital	4.9B	5.2B	4.9B	4.8B	5.5B	5.0B
Net Working Capital	1.8B	1.4B	1.5B	1.4B	1.6B	1.6B
Capital Stock	1.2B	1.2B	1.2B	1.2B	1.4B	1.3B
Property Plant And Equipment Net	1.6B	2.1B	2.2B	2.2B	2.5B	2.1B
Property Plant And Equipment Gross	2.5B	3.0B	2.2B	3.3B	3.8B	2.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin

Other Information on Investing in Xiamen Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Xiamen Selling General Administrative vs Reconciled Depreciation Analysis

Selling General Administrative vs Reconciled Depreciation

Selling General Administrative vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Selling General Administrative

Reconciled Depreciation

Xiamen Hexing fundamental ratios Correlations

Xiamen Hexing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiamen Hexing fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Xiamen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Total Assets

Long Term Investments	- 0.96	Common Stock
Long Term Investments	- 0.9	Other Liab
Total Current Assets	- 0.88	Long Term Investments
Long Term Investments	- 0.88	Retained Earnings
Long Term Investments	- 0.86	Accounts Payable
Long Term Investments	- 0.84	Total Stockholder Equity