Ningbo Net Invested Capital vs Non Current Assets Total Analysis

300880 Stock

25.11 0.02 0.08%

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 Invested Capital and its Non Current Assets Total 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 Invested Capital vs Non Current Assets Total

Net Invested Capital vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Jianan Electronics Net Invested Capital account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Ningbo Jianan's Net Invested Capital and Non Current Assets Total is 0.96. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Non Current Assets Total 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 Invested Capital and Non Current Assets Total 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 Invested Capital of Ningbo Jianan Electronics are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Net Invested Capital i.e., Ningbo Jianan's Net Invested Capital and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

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 December 11, 2024, 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

	2021	2022	2023	2024 (projected)
Gross Profit	193.9M	258.7M	260.0M	170.7M
Total Revenue	669.0M	804.3M	909.9M	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		0.85	0.9	0.99	0.82	0.93	0.99	0.88	0.96	0.94	0.91	0.87	0.84	0.86	0.75	0.55	0.91	0.99	0.78	0.97	0.85	0.94	0.98	0.99	0.93	0.91
Other Current Liab	0.85		0.68	0.86	0.95	0.96	0.86	0.65	0.84	0.9	0.67	0.99	0.73	0.99	0.67	0.18	0.69	0.81	0.57	0.86	1.0	0.93	0.88	0.85	0.95	0.95
Total Current Liabilities	0.9	0.68		0.83	0.71	0.8	0.87	1.0	0.88	0.76	0.87	0.73	0.87	0.73	0.51	0.66	1.0	0.92	0.93	0.86	0.68	0.72	0.81	0.84	0.72	0.69
Total Stockholder Equity	0.99	0.86	0.83		0.81	0.94	0.99	0.8	0.94	0.96	0.88	0.88	0.79	0.86	0.8	0.5	0.83	0.97	0.69	0.97	0.86	0.97	1.0	0.99	0.96	0.94
Other Liab	0.82	0.95	0.71	0.81		0.92	0.82	0.69	0.86	0.85	0.61	0.92	0.63	0.98	0.62	0.13	0.72	0.78	0.6	0.83	0.97	0.87	0.83	0.8	0.89	0.9
Net Tangible Assets	0.93	0.96	0.8	0.94	0.92		0.92	0.77	0.89	0.9	0.79	0.96	0.77	0.96	0.75	0.4	0.8	0.92	0.66	0.9	0.96	0.94	0.95	0.95	0.95	0.93
Retained Earnings	0.99	0.86	0.87	0.99	0.82	0.92		0.85	0.95	0.97	0.91	0.89	0.84	0.86	0.78	0.52	0.88	0.97	0.75	0.98	0.86	0.95	0.98	0.97	0.95	0.93
Accounts Payable	0.88	0.65	1.0	0.8	0.69	0.77	0.85		0.87	0.72	0.87	0.7	0.84	0.7	0.5	0.69	1.0	0.91	0.92	0.83	0.65	0.68	0.79	0.82	0.68	0.65
Cash	0.96	0.84	0.88	0.94	0.86	0.89	0.95	0.87		0.93	0.85	0.85	0.76	0.87	0.64	0.45	0.89	0.94	0.74	0.96	0.85	0.9	0.93	0.92	0.9	0.89
Non Current Assets Total	0.94	0.9	0.76	0.96	0.85	0.9	0.97	0.72	0.93		0.78	0.91	0.78	0.89	0.76	0.3	0.77	0.9	0.66	0.97	0.9	0.99	0.96	0.92	0.98	0.98
Non Currrent Assets Other	0.91	0.67	0.87	0.88	0.61	0.79	0.91	0.87	0.85	0.78		0.72	0.76	0.66	0.74	0.82	0.87	0.92	0.73	0.83	0.65	0.77	0.87	0.9	0.76	0.73
Other Assets	0.87	0.99	0.73	0.88	0.92	0.96	0.89	0.7	0.85	0.91	0.72		0.81	0.97	0.66	0.27	0.74	0.84	0.63	0.88	0.98	0.93	0.9	0.87	0.94	0.94
Net Receivables	0.84	0.73	0.87	0.79	0.63	0.77	0.84	0.84	0.76	0.78	0.76	0.81		0.72	0.43	0.5	0.87	0.84	0.84	0.84	0.7	0.74	0.78	0.78	0.74	0.72
Non Current Liabilities Total	0.86	0.99	0.73	0.86	0.98	0.96	0.86	0.7	0.87	0.89	0.66	0.97	0.72		0.64	0.18	0.74	0.83	0.63	0.87	0.99	0.92	0.88	0.85	0.93	0.94
Inventory	0.75	0.67	0.51	0.8	0.62	0.75	0.78	0.5	0.64	0.76	0.74	0.66	0.43	0.64		0.45	0.52	0.73	0.36	0.67	0.68	0.8	0.81	0.8	0.79	0.77
Other Current Assets	0.55	0.18	0.66	0.5	0.13	0.4	0.52	0.69	0.45	0.3	0.82	0.27	0.5	0.18	0.45		0.65	0.62	0.57	0.42	0.16	0.29	0.48	0.56	0.28	0.22
Total Liab	0.91	0.69	1.0	0.83	0.72	0.8	0.88	1.0	0.89	0.77	0.87	0.74	0.87	0.74	0.52	0.65		0.93	0.93	0.87	0.69	0.73	0.82	0.85	0.73	0.7
Total Current Assets	0.99	0.81	0.92	0.97	0.78	0.92	0.97	0.91	0.94	0.9	0.92	0.84	0.84	0.83	0.73	0.62	0.93		0.8	0.95	0.81	0.9	0.97	0.98	0.89	0.86
Intangible Assets	0.78	0.57	0.93	0.69	0.6	0.66	0.75	0.92	0.74	0.66	0.73	0.63	0.84	0.63	0.36	0.57	0.93	0.8		0.78	0.57	0.59	0.67	0.69	0.59	0.57
Common Stock	0.97	0.86	0.86	0.97	0.83	0.9	0.98	0.83	0.96	0.97	0.83	0.88	0.84	0.87	0.67	0.42	0.87	0.95	0.78		0.86	0.95	0.96	0.94	0.94	0.93
Property Plant Equipment	0.85	1.0	0.68	0.86	0.97	0.96	0.86	0.65	0.85	0.9	0.65	0.98	0.7	0.99	0.68	0.16	0.69	0.81	0.57	0.86		0.93	0.89	0.85	0.95	0.95
Common Stock Shares Outstanding	0.94	0.93	0.72	0.97	0.87	0.94	0.95	0.68	0.9	0.99	0.77	0.93	0.74	0.92	0.8	0.29	0.73	0.9	0.59	0.95	0.93		0.97	0.94	1.0	0.99
Net Invested Capital	0.98	0.88	0.81	1.0	0.83	0.95	0.98	0.79	0.93	0.96	0.87	0.9	0.78	0.88	0.81	0.48	0.82	0.97	0.67	0.96	0.89	0.97		0.99	0.97	0.95
Net Working Capital	0.99	0.85	0.84	0.99	0.8	0.95	0.97	0.82	0.92	0.92	0.9	0.87	0.78	0.85	0.8	0.56	0.85	0.98	0.69	0.94	0.85	0.94	0.99		0.93	0.9
Capital Stock	0.93	0.95	0.72	0.96	0.89	0.95	0.95	0.68	0.9	0.98	0.76	0.94	0.74	0.93	0.79	0.28	0.73	0.89	0.59	0.94	0.95	1.0	0.97	0.93		1.0
Property Plant And Equipment Net	0.91	0.95	0.69	0.94	0.9	0.93	0.93	0.65	0.89	0.98	0.73	0.94	0.72	0.94	0.77	0.22	0.7	0.86	0.57	0.93	0.95	0.99	0.95	0.9	1.0

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Ningbo Jianan Account Relationship Matchups

High Positive Relationship

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
Capital Stock	+ 1.0	Common Stock Shares Outstanding

High Negative Relationship

Not Found

Ningbo Jianan fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	624.0M	996.4M	1.0B	1.2B	1.3B	867.6M
Other Current Liab	5.0M	7.3M	18.8M	26.2M	30.1M	31.6M
Total Current Liabilities	338.1M	350.5M	304.3M	337.2M	367.4M	323.5M
Total Stockholder Equity	284.9M	643.6M	724.4M	847.8M	922.6M	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	156.7M	235.6M	315.1M	406.8M	399.6M	225.7M
Accounts Payable	323.2M	329.8M	270.6M	295.3M	330.8M	294.2M
Cash	237.4M	284.7M	228.3M	398.4M	540.3M	273.4M
Non Current Assets Total	56.0M	108.8M	189.7M	296.7M	288.9M	147.6M
Non Currrent Assets Other	116.2K	612.7K	13.9M	14.1M	12.8M	7.6M
Other Assets	6.4M	5.8M	18.8M	21.0M	24.2M	25.4M
Net Receivables	247.4M	209.7M	360.7M	279.6M	298.6M	278.2M
Non Current Liabilities Total	1.0M	2.3M	3.4M	6.7M	8.0M	8.4M
Inventory	41.3M	67.7M	59.8M	85.2M	52.4M	55.9M
Other Current Assets	42.0M	42.4M	33.1M	10.2M	8.1M	7.7M
Total Liab	339.1M	352.8M	307.7M	343.9M	375.4M	326.8M
Total Current Assets	568.0M	887.6M	842.4M	895.0M	1.0B	719.4M
Intangible Assets	27.0M	26.4M	25.7M	26.8M	26.4M	26.2M
Property Plant Equipment	22.6M	76.6M	145.3M	248.8M	286.1M	300.4M
Net Invested Capital	284.9M	643.6M	724.4M	847.8M	922.6M	596.7M
Net Working Capital	229.9M	537.1M	538.1M	557.8M	641.7M	435.4M

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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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