Nanning Net Borrowings vs Free Cash Flow Analysis

600301 Stock

17.28 0.17 0.97%

Nanning Chemical financial indicator trend analysis is infinitely more than just investigating Nanning Chemical Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanning Chemical Industry is a good investment. Please check the relationship between Nanning Chemical Net Borrowings and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanning Chemical Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanning Chemical Industry Net Borrowings account and Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.

The correlation between Nanning Chemical's Net Borrowings and Free Cash Flow is 0.34. Overlapping area represents the amount of variation of Net Borrowings that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Nanning Chemical Industry, assuming nothing else is changed. The correlation between historical values of Nanning Chemical's Net Borrowings and Free Cash Flow 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 Borrowings of Nanning Chemical Industry are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Borrowings i.e., Nanning Chemical's Net Borrowings and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Borrowings

The difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Nanning Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanning Chemical Industry 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 Nanning Chemical Industry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 66.5 M. The current year's Tax Provision is expected to grow to about 122.8 M

	2022	2024	2025 (projected)
Other Operating Expenses	1.0M	924.2K	1.4M
Gross Profit	54.2M	1.3B	1.3B

Other Operating Expenses Gross Profit

Nanning Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Other Assets	Intangible Assets	Other Liab	Net Tangible Assets	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		-0.1	0.98	0.94	0.89	0.93	0.91	0.19	-0.09	0.2	0.69	0.1	0.85	0.48	-0.05	-0.02	0.98	-0.03	0.26	-0.77	0.97	0.97	0.44	0.98	0.96	0.96
Other Current Liab	-0.1		-0.06	-0.36	-0.35	0.17	-0.3	-0.31	0.27	0.35	-0.39	0.31	0.32	-0.05	0.82	0.29	-0.25	0.77	-0.46	0.26	-0.29	-0.28	-0.08	-0.21	-0.31	-0.32
Total Current Liabilities	0.98	-0.06		0.91	0.85	0.91	0.9	0.25	-0.06	0.19	0.63	0.06	0.87	0.51	-0.03	-0.01	0.97	-0.02	0.16	-0.75	0.95	0.96	0.44	0.98	0.94	0.93
Total Stockholder Equity	0.94	-0.36	0.91		0.96	0.78	0.92	0.35	-0.2	-0.04	0.81	0.07	0.63	0.43	-0.37	-0.2	0.99	-0.35	0.46	-0.81	0.99	0.99	0.44	0.96	1.0	1.0
Retained Earnings	0.89	-0.35	0.85	0.96		0.73	0.85	0.19	-0.08	-0.19	0.75	0.07	0.57	0.19	-0.37	-0.38	0.94	-0.37	0.41	-0.71	0.94	0.95	0.46	0.93	0.94	0.95
Accounts Payable	0.93	0.17	0.91	0.78	0.73		0.81	-0.05	0.0	0.46	0.56	0.17	0.92	0.45	0.25	0.15	0.86	0.23	0.12	-0.65	0.83	0.84	0.39	0.86	0.82	0.81
Cash	0.91	-0.3	0.9	0.92	0.85	0.81		0.23	-0.23	0.16	0.71	-0.02	0.65	0.47	-0.25	0.08	0.92	-0.28	0.36	-0.76	0.92	0.92	0.32	0.91	0.92	0.92
Long Term Debt	0.19	-0.31	0.25	0.35	0.19	-0.05	0.23		-0.53	-0.31	0.47	0.05	-0.03	0.58	-0.59	-0.04	0.3	-0.48	0.5	-0.35	0.33	0.31	0.11	0.24	0.35	0.36
Net Receivables	-0.09	0.27	-0.06	-0.2	-0.08	0.0	-0.23	-0.53		-0.13	-0.49	-0.39	0.14	-0.55	0.43	-0.17	-0.15	0.4	-0.68	0.15	-0.17	-0.15	-0.26	-0.03	-0.2	-0.22
Short Term Investments	0.2	0.35	0.19	-0.04	-0.19	0.46	0.16	-0.31	-0.13		-0.04	0.12	0.48	0.48	0.63	0.8	0.05	0.61	-0.14	-0.03	0.01	0.02	0.0	0.05	0.01	0.0
Inventory	0.69	-0.39	0.63	0.81	0.75	0.56	0.71	0.47	-0.49	-0.04		0.33	0.31	0.48	-0.53	-0.13	0.75	-0.5	0.8	-0.69	0.8	0.76	0.42	0.66	0.8	0.81
Other Current Assets	0.1	0.31	0.06	0.07	0.07	0.17	-0.02	0.05	-0.39	0.12	0.33		0.11	0.14	0.1	-0.01	0.06	0.09	0.21	-0.1	0.06	0.06	0.66	0.0	0.08	0.08
Total Liab	0.85	0.32	0.87	0.63	0.57	0.92	0.65	-0.03	0.14	0.48	0.31	0.11		0.45	0.46	0.22	0.75	0.48	-0.14	-0.53	0.7	0.72	0.34	0.78	0.68	0.67
Common Stock	0.48	-0.05	0.51	0.43	0.19	0.45	0.47	0.58	-0.55	0.48	0.48	0.14	0.45		-0.05	0.45	0.46	0.02	0.41	-0.41	0.46	0.45	0.28	0.41	0.47	0.47
Property Plant Equipment	-0.05	0.82	-0.03	-0.37	-0.37	0.25	-0.25	-0.59	0.43	0.63	-0.53	0.1	0.46	-0.05		0.47	-0.23	0.97	-0.65	0.28	-0.29	-0.27	-0.11	-0.17	-0.32	-0.33
Other Assets	-0.02	0.29	-0.01	-0.2	-0.38	0.15	0.08	-0.04	-0.17	0.8	-0.13	-0.01	0.22	0.45	0.47		-0.14	0.47	-0.1	0.08	-0.16	-0.16	-0.25	-0.15	-0.16	-0.17
Intangible Assets	0.98	-0.25	0.97	0.99	0.94	0.86	0.92	0.3	-0.15	0.05	0.75	0.06	0.75	0.46	-0.23	-0.14		-0.2	0.35	-0.8	0.99	1.0	0.45	0.99	0.99	0.99
Other Liab	-0.03	0.77	-0.02	-0.35	-0.37	0.23	-0.28	-0.48	0.4	0.61	-0.5	0.09	0.48	0.02	0.97	0.47	-0.2		-0.59	0.26	-0.27	-0.25	-0.11	-0.16	-0.29	-0.3
Net Tangible Assets	0.26	-0.46	0.16	0.46	0.41	0.12	0.36	0.5	-0.68	-0.14	0.8	0.21	-0.14	0.41	-0.65	-0.1	0.35	-0.59		-0.34	0.41	0.37	0.12	0.24	0.44	0.46
Long Term Investments	-0.77	0.26	-0.75	-0.81	-0.71	-0.65	-0.76	-0.35	0.15	-0.03	-0.69	-0.1	-0.53	-0.41	0.28	0.08	-0.8	0.26	-0.34		-0.82	-0.8	-0.19	-0.78	-0.83	-0.81
Total Current Assets	0.97	-0.29	0.95	0.99	0.94	0.83	0.92	0.33	-0.17	0.01	0.8	0.06	0.7	0.46	-0.29	-0.16	0.99	-0.27	0.41	-0.82		1.0	0.43	0.98	1.0	1.0
Non Current Assets Total	0.97	-0.28	0.96	0.99	0.95	0.84	0.92	0.31	-0.15	0.02	0.76	0.06	0.72	0.45	-0.27	-0.16	1.0	-0.25	0.37	-0.8	1.0		0.45	0.99	1.0	1.0
Non Currrent Assets Other	0.44	-0.08	0.44	0.44	0.46	0.39	0.32	0.11	-0.26	0.0	0.42	0.66	0.34	0.28	-0.11	-0.25	0.45	-0.11	0.12	-0.19	0.43	0.45		0.43	0.43	0.44
Non Current Liabilities Total	0.98	-0.21	0.98	0.96	0.93	0.86	0.91	0.24	-0.03	0.05	0.66	0.0	0.78	0.41	-0.17	-0.15	0.99	-0.16	0.24	-0.78	0.98	0.99	0.43		0.97	0.97
Common Stock Shares Outstanding	0.96	-0.31	0.94	1.0	0.94	0.82	0.92	0.35	-0.2	0.01	0.8	0.08	0.68	0.47	-0.32	-0.16	0.99	-0.29	0.44	-0.83	1.0	1.0	0.43	0.97		1.0
Net Invested Capital	0.96	-0.32	0.93	1.0	0.95	0.81	0.92	0.36	-0.22	0.0	0.81	0.08	0.67	0.47	-0.33	-0.17	0.99	-0.3	0.46	-0.81	1.0	1.0	0.44	0.97	1.0

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Nanning Chemical Account Relationship Matchups

Nanning Chemical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	372.5M	449.0M	466.2M	6.6B	7.6B	8.0B
Other Current Liab	40.0M	63.6M	62.9M	8.1M	7.3M	6.9M
Total Current Liabilities	85.7M	116.2M	119.8M	2.0B	2.3B	2.5B
Total Stockholder Equity	332.0M	320.3M	337.8M	3.5B	4.0B	4.2B
Retained Earnings	(971.3M)	(918.0M)	(900.6M)	1.2B	1.1B	1.2B
Accounts Payable	22.2M	22.1M	32.8M	468.4M	538.7M	565.6M
Cash	364.3M	139.8M	152.5M	917.7M	1.1B	1.1B
Net Receivables	25.6M	22.6M	22.1M	43.7M	39.3M	57.6M
Inventory	95.2M	163.4M	268.6M	370.4M	426.0M	447.3M
Other Current Assets	2.1M	104.9M	149.9M	38.0M	43.7M	49.2M
Total Liab	40.5M	128.6M	128.4M	2.3B	2.7B	2.8B
Property Plant Equipment	10.1K	14.3M	22.7M	15.6M	14.0M	13.3M
Other Liab	15.5M	11.1M	8.7M	6.6M	6.0M	5.7M
Net Tangible Assets	323.0M	426.1M	318.6M	336.2M	386.6M	280.4M
Total Current Assets	492.5M	415.0M	440.3M	1.5B	1.7B	1.8B
Non Current Assets Total	4.6M	34.0M	25.8M	5.1B	5.9B	6.2B
Non Currrent Assets Other	5M	40.8K	19.5M	18.5M	21.2M	10.9M
Non Current Liabilities Total	11.1M	12.5M	8.6M	272.2M	313.0M	328.7M
Net Invested Capital	332.0M	320.3M	337.8M	4.3B	5.0B	5.2B
Net Working Capital	338.4M	298.8M	320.5M	(534.4M)	(480.9M)	(456.9M)
Property Plant And Equipment Net	40.8K	22.7M	15.6M	2.4B	2.7B	2.9B
Property Plant And Equipment Gross	59.0K	48.2M	15.6M	3.2B	3.7B	3.9B

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

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Nanning Net Borrowings vs Free Cash Flow Analysis

Net Borrowings vs Free Cash Flow

Net Borrowings vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Borrowings

Free Cash Flow

Nanning Chemical fundamental ratios Correlations

Nanning Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nanning Chemical fundamental ratios Accounts

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Other Information on Investing in Nanning Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Shares Outstanding	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Intangible Assets
Non Current Assets Total	+ 1.0	Total Current Assets
Common Stock Shares Outstanding	+ 1.0	Total Current Assets
Net Invested Capital	+ 1.0	Total Current Assets

Common Stock Shares Outstanding	- 0.83	Long Term Investments
Total Current Assets	- 0.82	Long Term Investments
Net Invested Capital	- 0.81	Long Term Investments
Long Term Investments	- 0.81	Total Stockholder Equity
Non Current Assets Total	- 0.8	Long Term Investments
Long Term Investments	- 0.8	Intangible Assets