Ningbo Net Receivables vs Retained Earnings Analysis

300839 Stock

8.11 0.20 2.41%

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

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Bohui Chemical Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Ningbo Bohui's Net Receivables and Retained Earnings is -0.51. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Ningbo Bohui Chemical, assuming nothing else is changed. The correlation between historical values of Ningbo Bohui's Net Receivables and Retained Earnings 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 Receivables of Ningbo Bohui Chemical are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Ningbo Bohui's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Receivables

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.

Most indicators from Ningbo Bohui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Bohui Chemical 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 Bohui Chemical. 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 27.8 M, whereas Tax Provision is forecasted to decline to about 8.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	153.2M	342.2M	244.5M	205.5M
Total Revenue	1.5B	3.0B	2.8B	1.4B

Gross Profit Total Revenue

Ningbo Bohui fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Net Debt	Long Term Debt
Total Assets		0.37	0.98	0.96	0.97	0.84	0.87	0.58	0.98	-0.56	-0.36	-0.76	0.97	0.77	0.99	0.82	0.96	0.96	0.72	0.91	0.98	0.87	0.99	0.1	0.91	0.84
Other Current Liab	0.37		0.34	0.47	0.29	0.59	0.16	-0.32	0.38	-0.29	-0.34	-0.16	0.35	0.67	0.3	0.31	0.42	0.34	0.36	0.23	0.34	0.07	0.38	0.02	0.53	0.09
Total Current Liabilities	0.98	0.34		0.91	0.97	0.75	0.84	0.64	0.94	-0.54	-0.33	-0.76	0.97	0.73	0.99	0.83	0.97	0.97	0.64	0.95	0.96	0.92	0.96	0.07	0.85	0.81
Total Stockholder Equity	0.96	0.47	0.91		0.94	0.9	0.76	0.45	0.95	-0.52	-0.32	-0.8	0.91	0.84	0.9	0.86	0.94	0.9	0.75	0.81	0.93	0.75	0.98	0.12	0.93	0.7
Net Tangible Assets	0.97	0.29	0.97	0.94		0.74	0.81	0.59	0.93	-0.53	-0.32	-0.82	0.96	0.69	0.96	0.9	0.96	0.96	0.66	0.94	0.95	0.91	0.96	0.14	0.82	0.77
Retained Earnings	0.84	0.59	0.75	0.9	0.74		0.7	0.25	0.87	-0.42	-0.3	-0.51	0.8	0.83	0.78	0.56	0.78	0.76	0.82	0.6	0.81	0.51	0.87	0.1	0.94	0.67
Accounts Payable	0.87	0.16	0.84	0.76	0.81	0.7		0.54	0.91	-0.66	-0.52	-0.47	0.79	0.61	0.9	0.55	0.73	0.76	0.72	0.72	0.93	0.72	0.84	-0.19	0.76	0.91
Cash	0.58	-0.32	0.64	0.45	0.59	0.25	0.54		0.5	-0.47	-0.23	-0.62	0.63	0.18	0.64	0.47	0.57	0.65	0.32	0.69	0.52	0.8	0.57	0.19	0.42	0.66
Non Current Assets Total	0.98	0.38	0.94	0.95	0.93	0.87	0.91	0.5		-0.59	-0.4	-0.7	0.9	0.81	0.95	0.78	0.91	0.88	0.78	0.81	0.99	0.77	0.97	-0.08	0.9	0.81
Non Currrent Assets Other	-0.56	-0.29	-0.54	-0.52	-0.53	-0.42	-0.66	-0.47	-0.59		0.95	0.45	-0.5	-0.51	-0.57	-0.46	-0.45	-0.49	-0.48	-0.46	-0.61	-0.48	-0.55	0.12	-0.56	-0.65
Other Assets	-0.36	-0.34	-0.33	-0.32	-0.32	-0.3	-0.52	-0.23	-0.4	0.95		0.21	-0.3	-0.39	-0.38	-0.24	-0.24	-0.29	-0.35	-0.25	-0.43	-0.25	-0.35	0.12	-0.42	-0.53
Net Receivables	-0.76	-0.16	-0.76	-0.8	-0.82	-0.51	-0.47	-0.62	-0.7	0.45	0.21		-0.73	-0.67	-0.7	-0.94	-0.83	-0.77	-0.31	-0.77	-0.71	-0.75	-0.78	-0.25	-0.69	-0.48
Inventory	0.97	0.35	0.97	0.91	0.96	0.8	0.79	0.63	0.9	-0.5	-0.3	-0.73		0.68	0.97	0.78	0.97	1.0	0.67	0.96	0.91	0.92	0.97	0.28	0.87	0.84
Other Current Assets	0.77	0.67	0.73	0.84	0.69	0.83	0.61	0.18	0.81	-0.51	-0.39	-0.67	0.68		0.7	0.69	0.78	0.68	0.48	0.55	0.77	0.44	0.8	-0.03	0.91	0.52
Total Liab	0.99	0.3	0.99	0.9	0.96	0.78	0.9	0.64	0.95	-0.57	-0.38	-0.7	0.97	0.7		0.76	0.94	0.96	0.68	0.93	0.97	0.91	0.97	0.08	0.86	0.89
Deferred Long Term Liab	0.82	0.31	0.83	0.86	0.9	0.56	0.55	0.47	0.78	-0.46	-0.24	-0.94	0.78	0.69	0.76		0.87	0.81	0.43	0.82	0.8	0.78	0.82	0.14	0.69	0.48
Short Long Term Debt	0.96	0.42	0.97	0.94	0.96	0.78	0.73	0.57	0.91	-0.45	-0.24	-0.83	0.97	0.78	0.94	0.87		0.97	0.58	0.94	0.91	0.88	0.97	0.21	0.88	0.72
Total Current Assets	0.96	0.34	0.97	0.9	0.96	0.76	0.76	0.65	0.88	-0.49	-0.29	-0.77	1.0	0.68	0.96	0.81	0.97		0.61	0.97	0.9	0.93	0.96	0.32	0.86	0.82
Intangible Assets	0.72	0.36	0.64	0.75	0.66	0.82	0.72	0.32	0.78	-0.48	-0.35	-0.31	0.67	0.48	0.68	0.43	0.58	0.61		0.51	0.73	0.49	0.72	-0.16	0.67	0.6
Common Stock	0.91	0.23	0.95	0.81	0.94	0.6	0.72	0.69	0.81	-0.46	-0.25	-0.77	0.96	0.55	0.93	0.82	0.94	0.97	0.51		0.85	0.98	0.89	0.28	0.72	0.76
Property Plant Equipment	0.98	0.34	0.96	0.93	0.95	0.81	0.93	0.52	0.99	-0.61	-0.43	-0.71	0.91	0.77	0.97	0.8	0.91	0.9	0.73	0.85		0.82	0.96	-0.07	0.87	0.83
Common Stock Shares Outstanding	0.87	0.07	0.92	0.75	0.91	0.51	0.72	0.8	0.77	-0.48	-0.25	-0.75	0.92	0.44	0.91	0.78	0.88	0.93	0.49	0.98	0.82		0.84	0.23	0.65	0.77
Net Invested Capital	0.99	0.38	0.96	0.98	0.96	0.87	0.84	0.57	0.97	-0.55	-0.35	-0.78	0.97	0.8	0.97	0.82	0.97	0.96	0.72	0.89	0.96	0.84		0.15	0.94	0.82
Net Working Capital	0.1	0.02	0.07	0.12	0.14	0.1	-0.19	0.19	-0.08	0.12	0.12	-0.25	0.28	-0.03	0.08	0.14	0.21	0.32	-0.16	0.28	-0.07	0.23	0.15		0.17	0.17
Net Debt	0.91	0.53	0.85	0.93	0.82	0.94	0.76	0.42	0.9	-0.56	-0.42	-0.69	0.87	0.91	0.86	0.69	0.88	0.86	0.67	0.72	0.87	0.65	0.94	0.17		0.77
Long Term Debt	0.84	0.09	0.81	0.7	0.77	0.67	0.91	0.66	0.81	-0.65	-0.53	-0.48	0.84	0.52	0.89	0.48	0.72	0.82	0.6	0.76	0.83	0.77	0.82	0.17	0.77

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Ningbo Bohui Account Relationship Matchups

Ningbo Bohui fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.5B	1.7B	2.3B	2.1B	1.4B
Other Current Liab	27.5M	22.4M	48.8M	48.6M	6.0M	5.7M
Total Current Liabilities	346.6M	393.1M	694.9M	806.8M	901.1M	468.7M
Total Stockholder Equity	425.9M	834.5M	866.3M	1.0B	728.9M	656.4M
Net Tangible Assets	340.6M	747.4M	769.2M	919.2M	1.1B	549.0M
Retained Earnings	271.4M	298.0M	317.6M	458.6M	172.3M	271.0M
Accounts Payable	133.3M	92.0M	69.1M	94.1M	140.9M	79.4M
Cash	53.3M	49.6M	93.2M	232.5M	556.9M	584.8M
Non Current Assets Total	762.6M	913.1M	1.0B	1.1B	1.0B	725.1M
Non Currrent Assets Other	390K	261.8K	18.1M	11.4M	395.9K	376.1K
Other Assets	2.1M	10.3M	31.4M	19.2M	17.3M	18.8M
Net Receivables	121.6M	463.4K	616.8K	1.1M	1.0M	953.2K
Non Current Liabilities Total	333.6M	243.8M	162.6M	461.8M	481.2M	243.9M
Inventory	101.0M	154.1M	213.4M	392.6M	344.7M	186.3M
Other Current Assets	67.6M	79.2M	109.0M	110.8M	35.6M	62.5M
Total Liab	680.2M	636.9M	857.5M	1.3B	1.4B	712.6M
Deferred Long Term Liab	729.4K	5.0M	5.2M	4.4M	5.1M	3.2M
Short Long Term Debt	108M	264.8M	470.3M	600.0M	489.5M	284.4M
Total Current Assets	343.5M	558.3M	711.3M	1.2B	1.1B	644.0M
Intangible Assets	85.3M	87.2M	84.9M	82.7M	79.7M	85.1M
Property Plant Equipment	665.6M	805.7M	871.5M	944.5M	1.1B	547.5M
Net Invested Capital	867.5M	1.3B	1.4B	2.0B	1.6B	1.3B
Net Working Capital	(3.1M)	165.3M	16.4M	404.2M	182.2M	178.1M
Net Debt	388.3M	439.9M	473.5M	761.1M	338.0M	463.9M
Long Term Debt	333.6M	224.7M	96.4M	393.6M	405.4M	283.2M

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Other Information on Investing in Ningbo Stock

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

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Ningbo Net Receivables vs Retained Earnings Analysis

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Receivables

Retained Earnings

Ningbo Bohui fundamental ratios Correlations

Ningbo Bohui Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ningbo Bohui fundamental ratios Accounts

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Other Information on Investing in Ningbo Stock

COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 1.0	Inventory
Total Liab	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Property Plant Equipment	+ 0.99	Non Current Assets Total
Total Current Liabilities	+ 0.98	Total Assets

Deferred Long Term Liab	- 0.94	Net Receivables
Short Long Term Debt	- 0.83	Net Receivables
Net Receivables	- 0.82	Net Tangible Assets
Net Receivables	- 0.8	Total Stockholder Equity
Net Invested Capital	- 0.78	Net Receivables
Common Stock	- 0.77	Net Receivables