Ningbo Total Revenue vs Ebitda 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 Total Revenue and its Ebitda 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.

Total Revenue vs Ebitda

Total Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Jianan Electronics Total Revenue account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Ningbo Jianan's Total Revenue and Ebitda is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda 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 Total Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Ningbo Jianan Electronics are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., Ningbo Jianan's Total Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Ningbo Jianan Electronics generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Ebitda

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 Profit193.9M258.7M260.0M170.7M
Total Revenue669.0M804.3M909.9M605.2M

Ningbo Jianan fundamental ratios Correlations

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0.930.960.80.940.920.920.770.890.90.790.960.770.960.750.40.80.920.660.90.960.940.950.950.950.93
0.990.860.870.990.820.920.850.950.970.910.890.840.860.780.520.880.970.750.980.860.950.980.970.950.93
0.880.651.00.80.690.770.850.870.720.870.70.840.70.50.691.00.910.920.830.650.680.790.820.680.65
0.960.840.880.940.860.890.950.870.930.850.850.760.870.640.450.890.940.740.960.850.90.930.920.90.89
0.940.90.760.960.850.90.970.720.930.780.910.780.890.760.30.770.90.660.970.90.990.960.920.980.98
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0.840.730.870.790.630.770.840.840.760.780.760.810.720.430.50.870.840.840.840.70.740.780.780.740.72
0.860.990.730.860.980.960.860.70.870.890.660.970.720.640.180.740.830.630.870.990.920.880.850.930.94
0.750.670.510.80.620.750.780.50.640.760.740.660.430.640.450.520.730.360.670.680.80.810.80.790.77
0.550.180.660.50.130.40.520.690.450.30.820.270.50.180.450.650.620.570.420.160.290.480.560.280.22
0.910.691.00.830.720.80.881.00.890.770.870.740.870.740.520.650.930.930.870.690.730.820.850.730.7
0.990.810.920.970.780.920.970.910.940.90.920.840.840.830.730.620.930.80.950.810.90.970.980.890.86
0.780.570.930.690.60.660.750.920.740.660.730.630.840.630.360.570.930.80.780.570.590.670.690.590.57
0.970.860.860.970.830.90.980.830.960.970.830.880.840.870.670.420.870.950.780.860.950.960.940.940.93
0.851.00.680.860.970.960.860.650.850.90.650.980.70.990.680.160.690.810.570.860.930.890.850.950.95
0.940.930.720.970.870.940.950.680.90.990.770.930.740.920.80.290.730.90.590.950.930.970.941.00.99
0.980.880.811.00.830.950.980.790.930.960.870.90.780.880.810.480.820.970.670.960.890.970.990.970.95
0.990.850.840.990.80.950.970.820.920.920.90.870.780.850.80.560.850.980.690.940.850.940.990.930.9
0.930.950.720.960.890.950.950.680.90.980.760.940.740.930.790.280.730.890.590.940.951.00.970.931.0
0.910.950.690.940.90.930.930.650.890.980.730.940.720.940.770.220.70.860.570.930.950.990.950.91.0
Click cells to compare fundamentals

Ningbo Jianan Account Relationship Matchups

Ningbo Jianan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets624.0M996.4M1.0B1.2B1.3B867.6M
Other Current Liab5.0M7.3M18.8M26.2M30.1M31.6M
Total Current Liabilities338.1M350.5M304.3M337.2M367.4M323.5M
Total Stockholder Equity284.9M643.6M724.4M847.8M922.6M540.8M
Other Liab1.0M2.3M1.4M6.3M7.3M7.6M
Net Tangible Assets257.9M617.3M698.7M820.9M944.1M991.3M
Retained Earnings156.7M235.6M315.1M406.8M399.6M225.7M
Accounts Payable323.2M329.8M270.6M295.3M330.8M294.2M
Cash237.4M284.7M228.3M398.4M540.3M273.4M
Non Current Assets Total56.0M108.8M189.7M296.7M288.9M147.6M
Non Currrent Assets Other116.2K612.7K13.9M14.1M12.8M7.6M
Other Assets6.4M5.8M18.8M21.0M24.2M25.4M
Net Receivables247.4M209.7M360.7M279.6M298.6M278.2M
Non Current Liabilities Total1.0M2.3M3.4M6.7M8.0M8.4M
Inventory41.3M67.7M59.8M85.2M52.4M55.9M
Other Current Assets42.0M42.4M33.1M10.2M8.1M7.7M
Total Liab339.1M352.8M307.7M343.9M375.4M326.8M
Total Current Assets568.0M887.6M842.4M895.0M1.0B719.4M
Intangible Assets27.0M26.4M25.7M26.8M26.4M26.2M
Property Plant Equipment22.6M76.6M145.3M248.8M286.1M300.4M
Net Invested Capital284.9M643.6M724.4M847.8M922.6M596.7M
Net Working Capital229.9M537.1M538.1M557.8M641.7M435.4M

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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.