Xiamen Common Stock Shares Outstanding vs Inventory Analysis

301028 Stock   12.13  0.38  3.04%   
Xiamen East financial indicator trend analysis is more than just analyzing Xiamen East Asia current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen East Asia is a good investment. Please check the relationship between Xiamen East Common Stock Shares Outstanding and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen East Asia. 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.

Common Stock Shares Outstanding vs Inventory

Common Stock Shares Outstanding vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen East Asia Common Stock Shares Outstanding account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xiamen East's Common Stock Shares Outstanding and Inventory is 0.97. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of Xiamen East Asia, assuming nothing else is changed. The correlation between historical values of Xiamen East's Common Stock Shares Outstanding and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Xiamen East Asia are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., Xiamen East's Common Stock Shares Outstanding and Inventory go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Inventory

Most indicators from Xiamen East's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen East Asia 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 Xiamen East Asia. 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 March 2, 2025, Tax Provision is expected to decline to about 22.1 M. In addition to that, Selling General Administrative is expected to decline to about 22.1 M
 2022 2023 2024 2025 (projected)
Gross Profit255.1M289.4M332.8M279.6M
Total Revenue794.9M958.6M1.1B886.6M

Xiamen East fundamental ratios Correlations

-0.760.991.00.990.930.90.930.770.980.990.960.930.910.991.0-0.480.930.990.790.890.620.85-0.47
-0.76-0.75-0.76-0.79-0.69-0.77-0.62-0.53-0.86-0.72-0.62-0.63-0.91-0.74-0.760.41-0.78-0.72-0.71-0.57-0.29-0.510.41
0.99-0.750.980.990.970.830.970.830.980.970.980.890.921.00.98-0.510.880.970.70.880.720.9-0.51
1.0-0.760.980.990.910.920.910.750.980.990.950.940.90.981.0-0.460.950.990.820.890.580.82-0.46
0.99-0.790.990.990.940.870.950.790.980.960.970.880.910.990.99-0.470.90.960.740.910.660.87-0.47
0.93-0.690.970.910.940.690.980.860.930.90.950.810.90.970.91-0.520.760.90.540.80.810.93-0.52
0.9-0.770.830.920.870.690.670.520.890.920.760.930.820.830.92-0.391.00.920.980.750.230.56-0.39
0.93-0.620.970.910.950.980.670.860.90.880.990.770.830.970.91-0.460.730.880.50.890.850.96-0.46
0.77-0.530.830.750.790.860.520.860.760.760.830.650.710.830.75-0.80.580.760.360.750.840.91-0.8
0.98-0.860.980.980.980.930.890.90.760.960.920.890.960.980.98-0.50.930.960.790.840.590.81-0.5
0.99-0.720.970.990.960.90.920.880.760.960.930.970.880.970.99-0.550.951.00.830.870.580.82-0.55
0.96-0.620.980.950.970.950.760.990.830.920.930.840.820.980.95-0.460.810.930.610.940.790.94-0.46
0.93-0.630.890.940.880.810.930.770.650.890.970.840.820.890.94-0.490.950.970.880.750.420.69-0.49
0.91-0.910.920.90.910.90.820.830.710.960.880.820.820.910.9-0.480.860.880.720.670.520.72-0.48
0.99-0.741.00.980.990.970.830.970.830.980.970.980.890.910.98-0.510.870.970.690.890.720.91-0.51
1.0-0.760.981.00.990.910.920.910.750.980.990.950.940.90.98-0.460.950.990.810.890.590.83-0.46
-0.480.41-0.51-0.46-0.47-0.52-0.39-0.46-0.8-0.5-0.55-0.46-0.49-0.48-0.51-0.46-0.43-0.55-0.32-0.43-0.52-0.591.0
0.93-0.780.880.950.90.761.00.730.580.930.950.810.950.860.870.95-0.430.950.960.770.310.62-0.43
0.99-0.720.970.990.960.90.920.880.760.961.00.930.970.880.970.99-0.550.950.830.870.580.82-0.55
0.79-0.710.70.820.740.540.980.50.360.790.830.610.880.720.690.81-0.320.960.830.610.030.38-0.32
0.89-0.570.880.890.910.80.750.890.750.840.870.940.750.670.890.89-0.430.770.870.610.710.89-0.43
0.62-0.290.720.580.660.810.230.850.840.590.580.790.420.520.720.59-0.520.310.580.030.710.94-0.52
0.85-0.510.90.820.870.930.560.960.910.810.820.940.690.720.910.83-0.590.620.820.380.890.94-0.59
-0.470.41-0.51-0.46-0.47-0.52-0.39-0.46-0.8-0.5-0.55-0.46-0.49-0.48-0.51-0.461.0-0.43-0.55-0.32-0.43-0.52-0.59
Click cells to compare fundamentals

Xiamen East Account Relationship Matchups

Xiamen East fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets885.5M1.6B1.6B1.9B2.2B1.5B
Other Current Liab2.3M9.1M8.2M10.1M9.1M8.4M
Total Current Liabilities338.9M452.2M437.3M555.2M638.5M455.6M
Total Stockholder Equity536.2M1.1B1.2B1.3B1.5B1.0B
Retained Earnings192.1M294.2M362.2M452.1M519.9M308.5M
Accounts Payable175.7M208.2M168.4M259.1M298.0M211.0M
Cash259.9M705.8M789.8M525.9M604.8M547.2M
Non Current Assets Total357.7M462.6M493.5M982.6M1.1B567.2M
Non Currrent Assets Other7.2M15.6M4.5M404.5M465.2M488.4M
Net Receivables77.1M97.0M95.4M106.3M122.3M94.3M
Non Current Liabilities Total10.4M17.7M21.2M30.8M35.4M20.0M
Inventory126.2M212.5M191.8M185.4M213.2M188.9M
Other Current Assets24.8M29.3M20.5M27.8M32.0M25.2M
Total Liab349.3M469.9M458.5M585.9M673.8M475.6M
Net Invested Capital545.3M1.1B1.2B1.3B1.5B1.0B
Total Current Assets527.8M1.1B1.1B906.9M1.0B910.0M
Net Working Capital189.0M653.7M710.3M351.8M404.5M454.4M
Intangible Assets17.0M18.7M43.6M43.2M49.7M31.2M

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Other Information on Investing in Xiamen Stock

Balance Sheet is a snapshot of the financial position of Xiamen East Asia at a specified time, usually calculated after every quarter, six months, or one year. Xiamen East Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen East 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 Xiamen currently owns. An asset can also be divided into two categories, current and non-current.