Fujian Property Plant Equipment vs Total Revenue Analysis

002474 Stock   7.28  0.13  1.82%   
Fujian Rongji financial indicator trend analysis is much more than just examining Fujian Rongji Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Rongji Software is a good investment. Please check the relationship between Fujian Rongji Property Plant Equipment and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Rongji Software. 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.

Property Plant Equipment vs Total Revenue

Property Plant Equipment vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Rongji Software Property Plant Equipment account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fujian Rongji's Property Plant Equipment and Total Revenue is 0.49. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Fujian Rongji Software, assuming nothing else is changed. The correlation between historical values of Fujian Rongji's Property Plant Equipment and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Fujian Rongji Software are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., Fujian Rongji's Property Plant Equipment and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Total Revenue

Total revenue comprises all receipts Fujian Rongji Software generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Fujian Rongji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Rongji Software 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 Rongji Software. 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 20, 2024, Selling General Administrative is expected to decline to about 104.3 M. The current year's Tax Provision is expected to grow to about (18.7 M)
 2021 2022 2023 2024 (projected)
Gross Profit264.4M216.6M106.2M184.3M
Research Development92.7M85.1M86.5M88.1M

Fujian Rongji fundamental ratios Correlations

0.560.920.870.940.91-0.210.380.850.920.010.930.80.850.780.8-0.420.590.540.780.610.70.07-0.07-0.310.39
0.560.520.480.620.55-0.06-0.450.710.570.050.520.450.520.430.10.26-0.26-0.250.120.81-0.050.020.56-0.48-0.47
0.920.520.620.820.97-0.460.380.850.97-0.071.00.770.810.860.84-0.40.650.580.890.70.760.04-0.09-0.410.42
0.870.480.620.880.630.160.280.640.660.130.630.650.70.510.57-0.320.380.370.480.350.470.07-0.03-0.150.27
0.940.620.820.880.85-0.170.280.850.860.010.820.780.80.730.71-0.420.430.450.590.540.620.20.06-0.190.3
0.910.550.970.630.85-0.440.310.820.98-0.060.980.760.80.860.81-0.430.590.520.80.730.710.22-0.04-0.320.37
-0.21-0.06-0.460.16-0.17-0.44-0.35-0.38-0.39-0.1-0.46-0.46-0.45-0.27-0.440.16-0.37-0.34-0.47-0.2-0.410.120.170.23-0.32
0.38-0.450.380.280.280.31-0.350.210.32-0.030.390.360.360.190.76-0.710.850.890.66-0.330.77-0.19-0.790.10.98
0.850.710.850.640.850.82-0.380.210.870.030.860.720.760.740.69-0.320.40.440.660.650.59-0.190.04-0.410.2
0.920.570.970.660.860.98-0.390.320.87-0.10.970.770.820.860.83-0.50.60.560.80.70.720.14-0.05-0.280.38
0.010.05-0.070.130.01-0.06-0.1-0.030.03-0.1-0.08-0.15-0.04-0.11-0.130.14-0.11-0.16-0.02-0.05-0.15-0.220.0-0.34-0.09
0.930.521.00.630.820.98-0.460.390.860.97-0.080.780.820.850.84-0.420.660.590.880.690.770.06-0.09-0.390.43
0.80.450.770.650.780.76-0.460.360.720.77-0.150.780.970.540.72-0.350.490.430.620.440.54-0.01-0.08-0.260.33
0.850.520.810.70.80.8-0.450.360.760.82-0.040.820.970.530.72-0.350.490.410.640.470.52-0.03-0.07-0.290.31
0.780.430.860.510.730.86-0.270.190.740.86-0.110.850.540.530.71-0.440.550.540.740.680.720.22-0.01-0.220.3
0.80.10.840.570.710.81-0.440.760.690.83-0.130.840.720.720.71-0.730.860.880.890.290.9-0.01-0.54-0.120.8
-0.420.26-0.4-0.32-0.42-0.430.16-0.71-0.32-0.50.14-0.42-0.35-0.35-0.44-0.73-0.78-0.83-0.510.18-0.75-0.160.49-0.41-0.78
0.59-0.260.650.380.430.59-0.370.850.40.6-0.110.660.490.490.550.86-0.780.930.870.00.93-0.03-0.560.080.9
0.54-0.250.580.370.450.52-0.340.890.440.56-0.160.590.430.410.540.88-0.830.930.79-0.060.92-0.1-0.680.130.93
0.780.120.890.480.590.8-0.470.660.660.8-0.020.880.620.640.740.89-0.510.870.790.420.87-0.15-0.42-0.380.69
0.610.810.70.350.540.73-0.2-0.330.650.7-0.050.690.440.470.680.290.180.0-0.060.420.150.140.35-0.58-0.27
0.7-0.050.760.470.620.71-0.410.770.590.72-0.150.770.540.520.720.9-0.750.930.920.870.150.07-0.40.030.84
0.070.020.040.070.20.220.12-0.19-0.190.14-0.220.06-0.01-0.030.22-0.01-0.16-0.03-0.1-0.150.140.070.360.46-0.04
-0.070.56-0.09-0.030.06-0.040.17-0.790.04-0.050.0-0.09-0.08-0.07-0.01-0.540.49-0.56-0.68-0.420.35-0.40.36-0.03-0.76
-0.31-0.48-0.41-0.15-0.19-0.320.230.1-0.41-0.28-0.34-0.39-0.26-0.29-0.22-0.12-0.410.080.13-0.38-0.580.030.46-0.030.17
0.39-0.470.420.270.30.37-0.320.980.20.38-0.090.430.330.310.30.8-0.780.90.930.69-0.270.84-0.04-0.760.17
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Fujian Rongji Account Relationship Matchups

Fujian Rongji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.9B2.9B2.7B2.7B2.0B
Other Current Liab319.6M201.4M217.9M149.4M10.6M10.1M
Total Current Liabilities1.1B1.2B1.2B985.4M1.1B632.0M
Total Stockholder Equity1.5B1.6B1.6B1.6B1.5B1.3B
Retained Earnings500.0M549.6M570.2M577.3M352.9M371.3M
Accounts Payable274.5M395.6M357.0M273.4M263.4M179.7M
Cash364.5M469.5M312.1M235.1M224.0M346.8M
Other Assets102.2M159.9M163.3M626.8M720.8M756.9M
Net Receivables272.7M158.7M256.4M215.8M150.0M151.9M
Inventory917.4M1.1B1.2B831.3M819.7M540.6M
Other Current Assets36.4M46.2M43.4M66.5M134.3M115.6M
Total Liab1.2B1.3B1.3B1.1B1.2B687.1M
Intangible Assets182.7M181.1M188.4M190.3M203.3M128.1M
Property Plant Equipment348.4M413.3M457.0M179.5M206.5M149.8M
Other Liab81.1M101.4M110.8M106.7M122.7M128.8M
Short Term Investments320.8M86.7M27.7M25.8M828K786.6K
Net Tangible Assets1.4B1.4B1.5B1.5B1.7B1.5B
Other Stockholder Equity46.0M40.1M48.2M67.0M77.0M80.9M
Total Current Assets1.9B1.9B1.8B1.4B1.5B1.4B
Non Current Assets Total846.8M940.8M1.1B1.3B1.2B959.7M
Non Currrent Assets Other227.6K25.6M14.8M13.3M4.4M4.2M
Non Current Liabilities Total81.1M101.4M117.4M110.1M99.5M99.1M
Deferred Long Term Liab3.4M38.2M33.6M86.5M99.5M104.5M
Short Long Term Debt501.6M570.5M569.5M543.6M623.5M529.1M
Net Debt137.1M101.0M257.4M308.5M399.5M250.2M
Net Invested Capital2.0B2.2B2.2B2.2B2.1B2.3B
Net Working Capital782.4M751.2M616.3M461.8M373.5M548.3M

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Other Information on Investing in Fujian Stock

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