Ningbo Property Plant And Equipment Net vs Total Liab 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 Property Plant And Equipment Net and its Total Liab 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.
Property Plant And Equipment Net vs Total Liab
Property Plant And Equipment Net vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Jianan Electronics Property Plant And Equipment Net account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ningbo Jianan's Property Plant And Equipment Net and Total Liab is 0.7. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Liab 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 Property Plant And Equipment Net and Total Liab 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 And Equipment Net of Ningbo Jianan Electronics are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Property Plant And Equipment Net i.e., Ningbo Jianan's Property Plant And Equipment Net and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.7 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term 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 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 |
Ningbo Jianan fundamental ratios Correlations
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Ningbo Jianan Account Relationship Matchups
High Positive Relationship
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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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.