Ningbo Net Borrowings vs Change To Liabilities Analysis

300880 Stock

21.77 0.11 0.51%

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

Net Borrowings vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Jianan Electronics Net Borrowings account and Change To Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Ningbo Jianan's Net Borrowings and Change To Liabilities is -0.02. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Ningbo Jianan Electronics, assuming nothing else is changed. The correlation between historical values of Ningbo Jianan's Net Borrowings and Change To Liabilities 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 Borrowings of Ningbo Jianan Electronics are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Borrowings i.e., Ningbo Jianan's Net Borrowings and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Change To Liabilities

Most indicators from Ningbo Jianan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Jianan Electronics 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 Jianan Electronics. 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 January 19, 2025, Tax Provision is expected to decline to about 14.5 M. In addition to that, Selling General Administrative is expected to decline to about 33.8 M

	2022	2023	2024	2025 (projected)
Gross Profit	258.7M	260.0M	299.0M	170.7M
Total Revenue	804.3M	909.9M	1.0B	605.2M

Gross Profit Total Revenue

Ningbo Jianan fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Capital Stock	Property Plant And Equipment Net
Total Assets		0.87	0.92	0.99	0.85	0.93	0.94	0.9	0.88	0.9	0.91	0.89	0.87	0.87	0.74	0.47	0.92	1.0	0.79	0.99	0.88	0.95	0.99	0.99	0.95	0.93
Other Current Liab	0.87		0.74	0.89	0.96	0.96	0.97	0.71	0.94	0.99	0.71	0.99	0.78	0.98	0.7	0.18	0.75	0.84	0.62	0.88	1.0	0.93	0.9	0.87	0.94	0.95
Total Current Liabilities	0.92	0.74		0.86	0.77	0.83	0.87	1.0	0.85	0.79	0.89	0.78	0.89	0.77	0.55	0.59	1.0	0.94	0.93	0.9	0.74	0.78	0.85	0.87	0.78	0.76
Total Stockholder Equity	0.99	0.89	0.86		0.85	0.93	0.93	0.84	0.86	0.9	0.88	0.9	0.83	0.87	0.78	0.42	0.87	0.98	0.72	0.98	0.89	0.97	1.0	0.99	0.97	0.96
Other Liab	0.85	0.96	0.77	0.85		0.93	0.94	0.75	0.97	0.97	0.67	0.93	0.7	0.99	0.65	0.12	0.78	0.83	0.65	0.86	0.97	0.89	0.86	0.84	0.91	0.92
Net Tangible Assets	0.93	0.96	0.83	0.93	0.93		0.99	0.81	0.95	0.97	0.82	0.97	0.81	0.95	0.77	0.38	0.84	0.93	0.7	0.91	0.97	0.92	0.95	0.95	0.94	0.93
Retained Earnings	0.94	0.97	0.87	0.93	0.94	0.99		0.85	0.96	0.98	0.84	0.98	0.85	0.96	0.74	0.4	0.88	0.93	0.76	0.92	0.96	0.92	0.94	0.93	0.93	0.93
Accounts Payable	0.9	0.71	1.0	0.84	0.75	0.81	0.85		0.84	0.76	0.89	0.76	0.87	0.75	0.53	0.62	1.0	0.93	0.92	0.88	0.72	0.75	0.83	0.86	0.75	0.73
Cash	0.88	0.94	0.85	0.86	0.97	0.95	0.96	0.84		0.96	0.75	0.93	0.77	0.98	0.6	0.29	0.86	0.88	0.72	0.86	0.95	0.87	0.88	0.87	0.89	0.88
Non Current Assets Total	0.9	0.99	0.79	0.9	0.97	0.97	0.98	0.76	0.96		0.74	0.99	0.8	0.99	0.71	0.21	0.8	0.87	0.68	0.9	1.0	0.93	0.91	0.89	0.95	0.95
Non Currrent Assets Other	0.91	0.71	0.89	0.88	0.67	0.82	0.84	0.89	0.75	0.74		0.76	0.79	0.69	0.76	0.76	0.89	0.92	0.75	0.86	0.7	0.79	0.88	0.9	0.78	0.76
Other Assets	0.89	0.99	0.78	0.9	0.93	0.97	0.98	0.76	0.93	0.99	0.76		0.84	0.97	0.69	0.26	0.79	0.87	0.67	0.9	0.98	0.92	0.91	0.89	0.94	0.94
Net Receivables	0.87	0.78	0.89	0.83	0.7	0.81	0.85	0.87	0.77	0.8	0.79	0.84		0.76	0.47	0.45	0.89	0.87	0.85	0.88	0.76	0.79	0.82	0.83	0.79	0.78
Non Current Liabilities Total	0.87	0.98	0.77	0.87	0.99	0.95	0.96	0.75	0.98	0.99	0.69	0.97	0.76		0.63	0.15	0.78	0.85	0.65	0.87	0.99	0.91	0.89	0.86	0.93	0.93
Inventory	0.74	0.7	0.55	0.78	0.65	0.77	0.74	0.53	0.6	0.71	0.76	0.69	0.47	0.63		0.44	0.55	0.73	0.4	0.71	0.71	0.76	0.79	0.78	0.76	0.76
Other Current Assets	0.47	0.18	0.59	0.42	0.12	0.38	0.4	0.62	0.29	0.21	0.76	0.26	0.45	0.15	0.44		0.58	0.54	0.55	0.38	0.16	0.23	0.4	0.48	0.22	0.18
Total Liab	0.92	0.75	1.0	0.87	0.78	0.84	0.88	1.0	0.86	0.8	0.89	0.79	0.89	0.78	0.55	0.58		0.94	0.92	0.91	0.75	0.79	0.86	0.88	0.79	0.77
Total Current Assets	1.0	0.84	0.94	0.98	0.83	0.93	0.93	0.93	0.88	0.87	0.92	0.87	0.87	0.85	0.73	0.54	0.94		0.81	0.97	0.85	0.92	0.98	0.99	0.92	0.9
Intangible Assets	0.79	0.62	0.93	0.72	0.65	0.7	0.76	0.92	0.72	0.68	0.75	0.67	0.85	0.65	0.4	0.55	0.92	0.81		0.81	0.62	0.62	0.7	0.72	0.63	0.61
Common Stock	0.99	0.88	0.9	0.98	0.86	0.91	0.92	0.88	0.86	0.9	0.86	0.9	0.88	0.87	0.71	0.38	0.91	0.97	0.81		0.88	0.96	0.97	0.96	0.96	0.95
Property Plant Equipment	0.88	1.0	0.74	0.89	0.97	0.97	0.96	0.72	0.95	1.0	0.7	0.98	0.76	0.99	0.71	0.16	0.75	0.85	0.62	0.88		0.93	0.9	0.88	0.95	0.95
Common Stock Shares Outstanding	0.95	0.93	0.78	0.97	0.89	0.92	0.92	0.75	0.87	0.93	0.79	0.92	0.79	0.91	0.76	0.23	0.79	0.92	0.62	0.96	0.93		0.98	0.95	1.0	0.99
Net Invested Capital	0.99	0.9	0.85	1.0	0.86	0.95	0.94	0.83	0.88	0.91	0.88	0.91	0.82	0.89	0.79	0.4	0.86	0.98	0.7	0.97	0.9	0.98		0.99	0.98	0.96
Net Working Capital	0.99	0.87	0.87	0.99	0.84	0.95	0.93	0.86	0.87	0.89	0.9	0.89	0.83	0.86	0.78	0.48	0.88	0.99	0.72	0.96	0.88	0.95	0.99		0.95	0.93
Capital Stock	0.95	0.94	0.78	0.97	0.91	0.94	0.93	0.75	0.89	0.95	0.78	0.94	0.79	0.93	0.76	0.22	0.79	0.92	0.63	0.96	0.95	1.0	0.98	0.95		1.0
Property Plant And Equipment Net	0.93	0.95	0.76	0.96	0.92	0.93	0.93	0.73	0.88	0.95	0.76	0.94	0.78	0.93	0.76	0.18	0.77	0.9	0.61	0.95	0.95	0.99	0.96	0.93	1.0

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Ningbo Jianan Account Relationship Matchups

High Positive Relationship

Total Current Assets	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Other Current Liab
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Accounts Payable

High Negative Relationship

Not Found

Ningbo Jianan fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	996.4M	1.0B	1.2B	1.3B	1.5B	867.6M
Other Current Liab	5.0M	7.3M	18.8M	26.2M	30.1M	31.6M
Total Current Liabilities	350.5M	304.3M	337.2M	367.4M	422.5M	323.5M
Total Stockholder Equity	643.6M	724.4M	847.8M	922.6M	1.1B	540.8M
Other Liab	1.0M	2.3M	1.4M	6.3M	7.3M	7.6M
Net Tangible Assets	257.9M	617.3M	698.7M	820.9M	944.1M	991.3M
Retained Earnings	235.6M	315.1M	406.8M	399.6M	459.6M	482.6M
Accounts Payable	329.8M	270.6M	295.3M	330.8M	380.4M	294.2M
Cash	284.7M	228.3M	398.4M	540.3M	621.4M	652.4M
Non Current Assets Total	108.8M	189.7M	296.7M	288.9M	332.3M	348.9M
Other Assets	6.4M	5.8M	18.8M	21.0M	24.2M	25.4M
Net Receivables	209.7M	360.7M	279.6M	298.6M	343.3M	278.2M
Non Current Liabilities Total	2.3M	3.4M	6.7M	8.0M	9.2M	9.7M
Inventory	67.7M	59.8M	85.2M	52.4M	60.2M	55.9M
Other Current Assets	42.4M	33.1M	10.2M	8.1M	9.3M	8.8M
Total Liab	352.8M	307.7M	343.9M	375.4M	431.7M	326.8M
Total Current Assets	887.6M	842.4M	895.0M	1.0B	1.2B	719.4M
Intangible Assets	26.4M	25.7M	26.8M	26.4M	30.4M	26.2M
Property Plant Equipment	22.6M	76.6M	145.3M	248.8M	286.1M	300.4M
Common Stock Shares Outstanding	133.4M	160.0M	192.0M	193.2M	222.2M	153.8M
Net Invested Capital	643.6M	724.4M	847.8M	922.6M	1.1B	596.7M
Net Working Capital	537.1M	538.1M	557.8M	641.7M	738.0M	435.4M
Capital Stock	133.4M	160.0M	193.2M	194.2M	223.3M	161.5M
Property Plant And Equipment Net	76.6M	145.3M	248.8M	242.6M	278.9M	161.9M
Property Plant And Equipment Gross	100.1M	172.2M	284.5M	299.1M	344.0M	197.8M

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Other Information on Investing in Ningbo Stock

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