Xiamen Other Assets vs Property Plant Equipment Analysis

002785 Stock   33.19  0.09  0.27%   
Xiamen Wanli financial indicator trend analysis is more than just analyzing Xiamen Wanli Stone current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Wanli Stone is a good investment. Please check the relationship between Xiamen Wanli Other Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Wanli Stone. 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.

Other Assets vs Property Plant Equipment

Other Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Wanli Stone Other Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xiamen Wanli's Other Assets and Property Plant Equipment is 0.65. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Xiamen Wanli Stone, assuming nothing else is changed. The correlation between historical values of Xiamen Wanli's Other Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Xiamen Wanli Stone are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Assets i.e., Xiamen Wanli's Other Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Assets

Property Plant Equipment

Most indicators from Xiamen Wanli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Wanli Stone 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 Wanli Stone. 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 67.4 M, whereas Tax Provision is projected to grow to (6.1 M).
 2022 2023 2024 2025 (projected)
Operating Income29.6M8.1M7.3M6.9M
Total Revenue1.3B1.3B1.5B1.1B

Xiamen Wanli fundamental ratios Correlations

-0.730.880.940.69-0.210.930.630.860.77-0.380.67-0.250.88-0.880.890.730.69-0.50.72-0.540.920.970.9-0.790.57
-0.73-0.48-0.8-0.390.45-0.64-0.87-0.81-0.350.66-0.430.44-0.480.67-0.64-0.45-0.510.76-0.730.55-0.51-0.74-0.790.39-0.33
0.88-0.480.650.76-0.010.920.330.830.94-0.280.58-0.11.0-0.920.870.740.65-0.380.6-0.510.960.820.67-0.930.67
0.94-0.80.650.53-0.320.790.750.750.53-0.40.64-0.310.65-0.710.770.610.61-0.510.69-0.470.750.930.93-0.570.39
0.69-0.390.760.53-0.10.810.160.670.79-0.150.36-0.260.77-0.850.660.630.6-0.350.47-0.620.780.630.56-0.740.8
-0.210.45-0.01-0.32-0.1-0.27-0.56-0.380.260.380.020.89-0.010.20.130.23-0.530.63-0.460.6-0.14-0.35-0.590.01-0.19
0.93-0.640.920.790.81-0.270.460.870.8-0.280.61-0.340.92-0.930.820.620.85-0.470.72-0.730.90.880.83-0.80.7
0.63-0.870.330.750.16-0.560.460.690.19-0.790.48-0.570.33-0.460.470.380.39-0.810.7-0.390.460.740.77-0.340.22
0.86-0.810.830.750.67-0.380.870.690.7-0.640.51-0.460.84-0.920.760.650.69-0.780.83-0.660.850.870.83-0.80.61
0.77-0.350.940.530.790.260.80.190.7-0.230.560.10.94-0.850.860.810.46-0.250.43-0.350.880.690.47-0.90.69
-0.380.66-0.28-0.4-0.150.38-0.28-0.79-0.64-0.23-0.40.51-0.280.38-0.36-0.44-0.20.91-0.620.29-0.38-0.52-0.460.31-0.25
0.67-0.430.580.640.360.020.610.480.510.56-0.4-0.110.58-0.430.680.520.43-0.30.65-0.190.590.70.52-0.450.31
-0.250.44-0.1-0.31-0.260.89-0.34-0.57-0.460.10.51-0.11-0.10.30.09-0.01-0.570.7-0.560.69-0.23-0.41-0.570.14-0.33
0.88-0.481.00.650.77-0.010.920.330.840.94-0.280.58-0.1-0.930.870.740.66-0.380.6-0.520.950.820.67-0.930.68
-0.880.67-0.92-0.71-0.850.2-0.93-0.46-0.92-0.850.38-0.430.3-0.93-0.82-0.72-0.730.56-0.630.71-0.9-0.84-0.760.86-0.76
0.89-0.640.870.770.660.130.820.470.760.86-0.360.680.090.87-0.820.770.46-0.380.58-0.330.830.80.64-0.760.51
0.73-0.450.740.610.630.230.620.380.650.81-0.440.52-0.010.74-0.720.770.29-0.370.48-0.270.780.70.51-0.750.45
0.69-0.510.650.610.6-0.530.850.390.690.46-0.20.43-0.570.66-0.730.460.29-0.480.56-0.910.630.710.76-0.490.71
-0.50.76-0.38-0.51-0.350.63-0.47-0.81-0.78-0.250.91-0.30.7-0.380.56-0.38-0.37-0.48-0.70.58-0.48-0.61-0.660.39-0.44
0.72-0.730.60.690.47-0.460.720.70.830.43-0.620.65-0.560.6-0.630.580.480.56-0.7-0.470.650.760.77-0.570.26
-0.540.55-0.51-0.47-0.620.6-0.73-0.39-0.66-0.350.29-0.190.69-0.520.71-0.33-0.27-0.910.58-0.47-0.5-0.57-0.660.39-0.74
0.92-0.510.960.750.78-0.140.90.460.850.88-0.380.59-0.230.95-0.90.830.780.63-0.480.65-0.50.90.78-0.940.65
0.97-0.740.820.930.63-0.350.880.740.870.69-0.520.7-0.410.82-0.840.80.70.71-0.610.76-0.570.90.94-0.760.56
0.9-0.790.670.930.56-0.590.830.770.830.47-0.460.52-0.570.67-0.760.640.510.76-0.660.77-0.660.780.94-0.620.48
-0.790.39-0.93-0.57-0.740.01-0.8-0.34-0.8-0.90.31-0.450.14-0.930.86-0.76-0.75-0.490.39-0.570.39-0.94-0.76-0.62-0.62
0.57-0.330.670.390.8-0.190.70.220.610.69-0.250.31-0.330.68-0.760.510.450.71-0.440.26-0.740.650.560.48-0.62
Click cells to compare fundamentals

Xiamen Wanli Account Relationship Matchups

Xiamen Wanli fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.3B1.4B1.4B1.7B1.9B1.3B
Other Current Liab47.7M54.6M40.4M6.1M5.5M5.2M
Total Current Liabilities647.0M699.9M729.9M638.5M734.2M618.0M
Total Stockholder Equity625.5M599.7M592.0M960.3M1.1B682.8M
Other Liab2.2M10.2M8.7M6.6M7.6M4.2M
Retained Earnings253.6M229.1M189.1M153.7M138.3M185.3M
Accounts Payable219.8M244.7M296.9M298.1M342.8M197.4M
Cash96.9M100.2M76.1M301.8M347.1M364.4M
Other Assets45.2M46.2M59.9M79.8M91.8M96.4M
Net Receivables700.5M700.0M623.8M558.7M642.5M607.7M
Inventory168.2M173.6M176.7M189.5M217.9M198.7M
Other Current Assets55.9M65.1M42.8M18.4M16.5M15.7M
Total Liab655.0M721.8M739.5M650.6M748.2M627.3M
Intangible Assets17.9M17.1M16.8M17.0M15.3M18.9M
Property Plant Equipment96.2M91.7M99.7M86.7M99.7M96.3M
Long Term Debt5.7M5.0M4.4M8.1M9.3M4.8M
Net Tangible Assets596.8M607.7M582.6M575.2M517.7M483.4M
Other Stockholder Equity2.8M(1.4M)(2.7M)5.0M5.8M6.1M
Deferred Long Term Liab9.3M8.6M6.9M5.4M4.9M7.2M
Total Current Assets1.0B1.0B1.0B1.2B1.4B1.1B
Non Current Assets Total293.1M313.1M346.1M466.8M536.8M351.2M
Non Current Liabilities Total13.1M21.9M9.6M12.2M14.0M12.2M
Short Long Term Debt302.5M331.6M303.8M208.0M187.2M235.6M
Non Current Liabilities Other559.7K593.3K628.9K666.6K766.6K633.8K
Net Debt217.4M210.1M239.5M227.7M261.8M241.1M
Net Invested Capital932.5M939.4M895.7M1.2B1.3B1.1B
Net Working Capital379.7M339.0M285.8M567.9M653.0M430.9M
Property Plant And Equipment Net83.1M86.7M80.7M156.0M179.4M109.6M
Property Plant And Equipment Gross161.9M167.6M80.7M245.9M282.8M182.0M

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.

Other Information on Investing in Xiamen Stock

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