Xiamen Interest Expense vs Research Development Analysis

301148 Stock   17.08  0.79  4.42%   
Xiamen Jiarong financial indicator trend analysis is more than just analyzing Xiamen Jiarong Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Jiarong Technology is a good investment. Please check the relationship between Xiamen Jiarong Interest Expense and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Jiarong Technology. 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.

Interest Expense vs Research Development

Interest Expense vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Jiarong Technology Interest Expense account and Research Development. At this time, the significance of the direction appears to have pay attention.
The correlation between Xiamen Jiarong's Interest Expense and Research Development is -0.71. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Research Development in the same time period over historical financial statements of Xiamen Jiarong Technology, assuming nothing else is changed. The correlation between historical values of Xiamen Jiarong's Interest Expense and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Xiamen Jiarong Technology are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Interest Expense i.e., Xiamen Jiarong's Interest Expense and Research Development go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Research Development

Most indicators from Xiamen Jiarong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Jiarong Technology 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 Jiarong Technology. 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 6, 2025, Tax Provision is expected to decline to about 367.7 K. In addition to that, Selling General Administrative is expected to decline to about 67.3 M
 2022 2023 2024 2025 (projected)
Interest Expense2.3M1.8M1.7M1.9M
Interest Income6.2M3.2M3.6M2.2M

Xiamen Jiarong fundamental ratios Correlations

-0.790.851.00.940.930.990.940.880.990.970.930.930.810.690.961.00.141.00.97-0.731.00.890.950.930.77
-0.79-0.61-0.78-0.93-0.89-0.71-0.94-0.82-0.81-0.71-0.75-0.93-0.8-0.95-0.84-0.8-0.35-0.76-0.710.98-0.76-0.74-0.81-0.73-0.54
0.85-0.610.830.820.90.840.80.930.860.820.820.720.830.580.920.830.130.850.82-0.620.820.750.870.710.46
1.0-0.780.830.930.920.990.930.870.990.980.930.930.80.670.961.00.141.00.98-0.721.00.890.940.930.78
0.94-0.930.820.930.980.881.00.930.960.870.860.980.890.890.980.940.190.920.87-0.90.910.830.950.880.68
0.93-0.890.90.920.980.890.980.980.940.860.860.930.870.840.980.930.290.920.86-0.880.910.80.920.810.57
0.99-0.710.840.990.880.890.890.840.970.990.940.880.780.580.930.990.140.990.99-0.650.990.890.920.910.76
0.94-0.940.80.931.00.980.890.920.960.880.860.980.880.890.970.940.230.920.88-0.910.920.830.940.870.68
0.88-0.820.930.870.930.980.840.920.890.790.80.840.810.780.950.870.320.870.79-0.830.850.720.860.720.44
0.99-0.810.860.990.960.940.970.960.890.960.910.950.840.740.980.990.070.990.96-0.750.990.880.960.950.79
0.97-0.710.820.980.870.860.990.880.790.960.940.880.830.590.920.970.030.981.0-0.630.980.920.950.940.83
0.93-0.750.820.930.860.860.940.860.80.910.940.850.830.590.90.930.10.930.94-0.680.930.980.920.870.72
0.93-0.930.720.930.980.930.880.980.840.950.880.850.840.880.930.940.140.910.88-0.880.920.840.930.920.77
0.81-0.80.830.80.890.870.780.880.810.840.830.830.840.790.90.80.030.790.83-0.790.780.840.940.80.64
0.69-0.950.580.670.890.840.580.890.780.740.590.590.880.790.80.690.180.650.59-0.950.640.610.770.680.5
0.96-0.840.920.960.980.980.930.970.950.980.920.90.930.90.80.960.150.950.92-0.810.940.860.970.890.68
1.0-0.80.831.00.940.930.990.940.870.990.970.930.940.80.690.960.141.00.97-0.731.00.890.940.930.78
0.14-0.350.130.140.190.290.140.230.320.070.030.10.140.030.180.150.140.120.03-0.440.12-0.05-0.03-0.19-0.4
1.0-0.760.851.00.920.920.990.920.870.990.980.930.910.790.650.951.00.120.98-0.691.00.890.940.930.78
0.97-0.710.820.980.870.860.990.880.790.961.00.940.880.830.590.920.970.030.98-0.630.980.920.950.940.83
-0.730.98-0.62-0.72-0.9-0.88-0.65-0.91-0.83-0.75-0.63-0.68-0.88-0.79-0.95-0.81-0.73-0.44-0.69-0.63-0.69-0.65-0.75-0.62-0.4
1.0-0.760.821.00.910.910.990.920.850.990.980.930.920.780.640.941.00.121.00.98-0.690.880.930.930.79
0.89-0.740.750.890.830.80.890.830.720.880.920.980.840.840.610.860.89-0.050.890.92-0.650.880.920.90.8
0.95-0.810.870.940.950.920.920.940.860.960.950.920.930.940.770.970.94-0.030.940.95-0.750.930.920.940.79
0.93-0.730.710.930.880.810.910.870.720.950.940.870.920.80.680.890.93-0.190.930.94-0.620.930.90.940.94
0.77-0.540.460.780.680.570.760.680.440.790.830.720.770.640.50.680.78-0.40.780.83-0.40.790.80.790.94
Click cells to compare fundamentals

Xiamen Jiarong Account Relationship Matchups

Xiamen Jiarong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets832.0M1.1B2.2B2.2B2.5B1.5B
Other Current Liab7.3M13.2M26.9M6.3M5.7M5.4M
Total Current Liabilities249.5M342.9M394.7M327.1M376.2M353.4M
Total Stockholder Equity521.3M681.7M1.7B1.8B2.0B1.1B
Retained Earnings355.6M504.2M540.2M548.0M630.2M480.8M
Accounts Payable95.7M147.2M182.6M149.3M171.7M142.8M
Cash138.6M144.3M287.2M267.3M307.3M214.7M
Non Current Assets Total244.3M309.9M355.1M358.1M411.8M309.7M
Non Currrent Assets Other7.2M40.2M55.7M33.8M38.8M31.4M
Net Receivables178.5M326.9M506.2M552.5M635.4M379.4M
Non Current Liabilities Total61.2M70.7M80.1M114.0M131.1M73.9M
Inventory207.8M223.7M221.9M212.8M244.7M235.4M
Other Current Assets12.7M20.4M9.3M13.6M15.7M12.8M
Total Liab310.7M413.6M474.8M441.1M507.3M427.3M
Net Invested Capital591.6M750.8M1.8B1.9B2.1B1.2B
Short Long Term Debt32.0M19.6M36.0M15.1M13.6M19.3M
Total Current Assets587.6M786.2M1.9B1.8B2.1B1.2B
Non Current Liabilities Other4.5M3.9M4.7M5.7M5.2M4.6M
Net Working Capital338.1M443.3M1.5B1.5B1.7B878.8M
Intangible Assets8.8M8.6M23.5M32.6M37.5M39.4M

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Other Information on Investing in Xiamen Stock

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