Ningbo Retained Earnings vs Non Current Liabilities Other Analysis

002322 Stock

13.50 0.43 3.09%

Ningbo Ligong financial indicator trend analysis is infinitely more than just investigating Ningbo Ligong Online recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Ligong Online is a good investment. Please check the relationship between Ningbo Ligong Retained Earnings and its Non Current Liabilities Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Ligong Online. 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.

Retained Earnings vs Non Current Liabilities Other

Retained Earnings vs Non Current Liabilities Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Ligong Online Retained Earnings account and Non Current Liabilities Other. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ningbo Ligong's Retained Earnings and Non Current Liabilities Other is -0.52. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Non Current Liabilities Other in the same time period over historical financial statements of Ningbo Ligong Online, assuming nothing else is changed. The correlation between historical values of Ningbo Ligong's Retained Earnings and Non Current Liabilities Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Ningbo Ligong Online are associated (or correlated) with its Non Current Liabilities Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Other has no effect on the direction of Retained Earnings i.e., Ningbo Ligong's Retained Earnings and Non Current Liabilities Other go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Non Current Liabilities Other

Most indicators from Ningbo Ligong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Ligong Online 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 Ningbo Ligong Online. 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 March 2, 2025, Selling General Administrative is expected to decline to about 109.5 M. In addition to that, Tax Provision is expected to decline to about 30 M

	2022	2023	2024	2025 (projected)
Operating Income	244.8M	265.1M	304.9M	171.7M
Total Revenue	972.8M	1.1B	1.3B	1.3B

Operating Income Total Revenue

Ningbo Ligong 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	Other Liab	Good Will	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Current Liabilities Total	Short Long Term Debt	Non Current Liabilities Other
Total Assets		0.46	0.86	0.99	0.83	0.75	0.44	0.58	0.89	0.88	0.63	0.86	0.59	0.92	0.87	-0.45	0.92	0.94	0.35	-0.83	0.81	-0.16	0.21	0.58	0.69	-0.09
Other Current Liab	0.46		0.6	0.41	0.13	0.18	0.04	-0.01	0.38	0.65	-0.17	0.6	0.55	0.47	0.31	-0.4	0.46	0.53	-0.23	-0.14	0.08	-0.46	0.55	0.24	0.18	0.35
Total Current Liabilities	0.86	0.6		0.8	0.72	0.8	0.09	0.62	0.81	0.87	0.51	1.0	0.48	0.74	0.79	-0.49	0.85	0.85	0.11	-0.76	0.67	-0.29	0.49	0.54	0.82	-0.02
Total Stockholder Equity	0.99	0.41	0.8		0.82	0.71	0.5	0.55	0.88	0.86	0.64	0.8	0.59	0.93	0.85	-0.43	0.91	0.92	0.39	-0.82	0.81	-0.12	0.15	0.57	0.64	-0.1
Retained Earnings	0.83	0.13	0.72	0.82		0.9	0.37	0.82	0.74	0.65	0.88	0.72	0.37	0.75	0.82	-0.32	0.81	0.8	0.55	-0.87	0.81	0.0	-0.11	0.68	0.79	-0.52
Accounts Payable	0.75	0.18	0.8	0.71	0.9		0.14	0.86	0.71	0.59	0.75	0.8	0.2	0.6	0.82	-0.43	0.75	0.74	0.45	-0.84	0.76	-0.08	0.09	0.59	0.81	-0.44
Cash	0.44	0.04	0.09	0.5	0.37	0.14		0.16	0.38	0.13	0.42	0.09	0.34	0.52	0.37	0.04	0.23	0.26	0.52	-0.06	0.09	0.54	-0.36	-0.06	0.05	-0.2
Other Assets	0.58	-0.01	0.62	0.55	0.82	0.86	0.16		0.6	0.39	0.75	0.62	-0.09	0.45	0.8	-0.08	0.51	0.51	0.49	-0.69	0.56	0.03	0.03	0.59	0.85	-0.44
Net Receivables	0.89	0.38	0.81	0.88	0.74	0.71	0.38	0.6		0.81	0.58	0.82	0.47	0.85	0.86	-0.21	0.81	0.79	0.18	-0.77	0.75	-0.18	0.28	0.5	0.71	-0.06
Inventory	0.88	0.65	0.87	0.86	0.65	0.59	0.13	0.39	0.81		0.39	0.87	0.69	0.84	0.67	-0.43	0.92	0.91	-0.04	-0.75	0.73	-0.46	0.39	0.59	0.63	0.04
Other Current Assets	0.63	-0.17	0.51	0.64	0.88	0.75	0.42	0.75	0.58	0.39		0.51	0.17	0.5	0.61	-0.25	0.64	0.6	0.61	-0.74	0.7	0.28	-0.37	0.52	0.76	-0.68
Total Liab	0.86	0.6	1.0	0.8	0.72	0.8	0.09	0.62	0.82	0.87	0.51		0.49	0.74	0.8	-0.49	0.85	0.85	0.11	-0.76	0.67	-0.29	0.49	0.56	0.82	-0.02
Intangible Assets	0.59	0.55	0.48	0.59	0.37	0.2	0.34	-0.09	0.47	0.69	0.17	0.49		0.73	0.27	-0.32	0.63	0.62	-0.2	-0.37	0.41	-0.37	0.17	0.21	0.2	0.05
Common Stock	0.92	0.47	0.74	0.93	0.75	0.6	0.52	0.45	0.85	0.84	0.5	0.74	0.73		0.76	-0.33	0.83	0.84	0.22	-0.7	0.7	-0.21	0.2	0.49	0.55	-0.03
Property Plant Equipment	0.87	0.31	0.79	0.85	0.82	0.82	0.37	0.8	0.86	0.67	0.61	0.8	0.27	0.76		-0.16	0.69	0.72	0.47	-0.77	0.68	-0.08	0.29	0.63	0.76	-0.08
Other Liab	-0.45	-0.4	-0.49	-0.43	-0.32	-0.43	0.04	-0.08	-0.21	-0.43	-0.25	-0.49	-0.32	-0.33	-0.16		-0.6	-0.64	-0.15	0.45	-0.46	0.21	-0.04	-0.22	-0.25	0.09
Good Will	0.92	0.46	0.85	0.91	0.81	0.75	0.23	0.51	0.81	0.92	0.64	0.85	0.63	0.83	0.69	-0.6		0.98	0.17	-0.88	0.88	-0.31	0.12	0.61	0.69	-0.24
Treasury Stock	0.94	0.53	0.85	0.92	0.8	0.74	0.26	0.51	0.79	0.91	0.6	0.85	0.62	0.84	0.72	-0.64	0.98		0.22	-0.86	0.83	-0.33	0.17	0.64	0.67	-0.15
Net Tangible Assets	0.35	-0.23	0.11	0.39	0.55	0.45	0.52	0.49	0.18	-0.04	0.61	0.11	-0.2	0.22	0.47	-0.15	0.17	0.22		-0.31	0.27	0.63	-0.43	0.33	0.27	-0.42
Deferred Long Term Liab	-0.83	-0.14	-0.76	-0.82	-0.87	-0.84	-0.06	-0.69	-0.77	-0.75	-0.74	-0.76	-0.37	-0.7	-0.77	0.45	-0.88	-0.86	-0.31		-0.97	0.32	-0.09	-0.74	-0.79	0.29
Long Term Investments	0.81	0.08	0.67	0.81	0.81	0.76	0.09	0.56	0.75	0.73	0.7	0.67	0.41	0.7	0.68	-0.46	0.88	0.83	0.27	-0.97		-0.3	0.0	0.64	0.67	-0.31
Total Current Assets	-0.16	-0.46	-0.29	-0.12	0.0	-0.08	0.54	0.03	-0.18	-0.46	0.28	-0.29	-0.37	-0.21	-0.08	0.21	-0.31	-0.33	0.63	0.32	-0.3		-0.52	-0.34	-0.13	-0.37
Non Current Assets Total	0.21	0.55	0.49	0.15	-0.11	0.09	-0.36	0.03	0.28	0.39	-0.37	0.49	0.17	0.2	0.29	-0.04	0.12	0.17	-0.43	-0.09	0.0	-0.52		0.04	0.2	0.77
Non Current Liabilities Total	0.58	0.24	0.54	0.57	0.68	0.59	-0.06	0.59	0.5	0.59	0.52	0.56	0.21	0.49	0.63	-0.22	0.61	0.64	0.33	-0.74	0.64	-0.34	0.04		0.71	-0.21
Short Long Term Debt	0.69	0.18	0.82	0.64	0.79	0.81	0.05	0.85	0.71	0.63	0.76	0.82	0.2	0.55	0.76	-0.25	0.69	0.67	0.27	-0.79	0.67	-0.13	0.2	0.71		-0.29
Non Current Liabilities Other	-0.09	0.35	-0.02	-0.1	-0.52	-0.44	-0.2	-0.44	-0.06	0.04	-0.68	-0.02	0.05	-0.03	-0.08	0.09	-0.24	-0.15	-0.42	0.29	-0.31	-0.37	0.77	-0.21	-0.29

Click cells to compare fundamentals

Ningbo Ligong Account Relationship Matchups

Ningbo Ligong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.7B	3.3B	3.5B	3.7B	4.3B	2.4B
Other Current Liab	142.0M	157.2M	197.7M	6.5M	7.5M	7.2M
Total Current Liabilities	593.6M	409.9M	408.1M	385.4M	443.2M	289.4M
Total Stockholder Equity	3.1B	2.9B	3.1B	3.3B	3.8B	2.1B
Retained Earnings	1.1B	940.4M	1.1B	1.1B	1.3B	1.3B
Accounts Payable	197.0M	159.4M	138.1M	166.3M	191.3M	200.8M
Cash	396.0M	475.7M	590.8M	912.2M	1.0B	555.4M
Other Assets	122.0M	135.2M	114.9M	121.0M	139.1M	146.1M
Net Receivables	357.5M	368.9M	433.4M	438.5M	504.3M	321.7M
Inventory	231.7M	196.3M	186.3M	139.7M	160.7M	137.1M
Other Current Assets	29.4M	19.8M	40.1M	61.8M	71.1M	74.7M
Total Liab	598.8M	426.0M	419.1M	390.9M	449.6M	294.8M
Intangible Assets	44.8M	42.4M	33.3M	28.6M	32.9M	34.5M
Property Plant Equipment	477.2M	428.8M	439.1M	423.7M	487.2M	266.3M
Good Will	1.6B	1.5B	1.3B	1.3B	1.5B	1.5B
Net Tangible Assets	1.3B	1.5B	1.5B	1.7B	2.0B	1.6B
Total Current Assets	1.4B	1.2B	1.4B	1.6B	1.9B	1.5B
Non Current Assets Total	2.3B	2.1B	2.1B	2.1B	1.9B	1.7B
Non Currrent Assets Other	10.0M	2.4M	14.8M	972.9K	875.6K	831.8K
Non Current Liabilities Total	5.2M	16.1M	11.1M	5.6M	6.4M	8.9M
Net Invested Capital	3.3B	2.9B	3.1B	3.3B	3.0B	2.5B
Net Working Capital	771.8M	816.6M	954.8M	1.3B	1.4B	970.0M
Property Plant And Equipment Net	428.8M	439.1M	423.7M	372.0M	334.8M	342.5M
Property Plant And Equipment Gross	678.8M	745.0M	423.7M	792.3M	713.0M	534.3M

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.

CRM	Salesforce
C	Citigroup
GM	General Motors

Other Information on Investing in Ningbo Stock

Balance Sheet is a snapshot of the financial position of Ningbo Ligong Online at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Ligong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Ligong 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 Ningbo 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

Ningbo Retained Earnings vs Non Current Liabilities Other Analysis

Retained Earnings vs Non Current Liabilities Other

Retained Earnings vs Non Current Liabilities Other Correlation Analysis

Correlation Coefficient

Retained Earnings

Non Current Liabilities Other

Ningbo Ligong fundamental ratios Correlations

Ningbo Ligong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ningbo Ligong fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Ningbo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Total Stockholder Equity	+ 0.99	Total Assets
Treasury Stock	+ 0.98	Good Will
Treasury Stock	+ 0.94	Total Assets
Common Stock	+ 0.93	Total Stockholder Equity
Common Stock	+ 0.92	Total Assets

Long Term Investments	- 0.97	Deferred Long Term Liab
Deferred Long Term Liab	- 0.88	Good Will
Deferred Long Term Liab	- 0.87	Retained Earnings
Deferred Long Term Liab	- 0.86	Treasury Stock
Deferred Long Term Liab	- 0.84	Accounts Payable
Deferred Long Term Liab	- 0.83	Total Assets