Nantong Capital Expenditures vs Net Income Analysis

600389 Stock   14.30  0.36  2.58%   
Nantong Jiangshan financial indicator trend analysis is infinitely more than just investigating Nantong Jiangshan recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nantong Jiangshan is a good investment. Please check the relationship between Nantong Jiangshan Capital Expenditures and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nantong Jiangshan Agrochemical. 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.

Capital Expenditures vs Net Income

Capital Expenditures vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nantong Jiangshan Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Nantong Jiangshan's Capital Expenditures and Net Income is 0.14. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of Nantong Jiangshan Agrochemical, assuming nothing else is changed. The correlation between historical values of Nantong Jiangshan's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Nantong Jiangshan Agrochemical are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., Nantong Jiangshan's Capital Expenditures and Net Income go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Nantong Jiangshan to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Nantong Jiangshan operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Nantong Jiangshan financial statement analysis. It represents the amount of money remaining after all of Nantong Jiangshan Agrochemical operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Nantong Jiangshan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nantong Jiangshan 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 Nantong Jiangshan Agrochemical. 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.
The current year's Selling General Administrative is expected to grow to about 110.8 M. The current year's Tax Provision is expected to grow to about 116.5 M
 2022 2023 2024 2025 (projected)
Operating Income2.1B263.4M302.9M356.7M
Total Revenue8.3B5.1B5.8B3.5B

Nantong Jiangshan fundamental ratios Correlations

0.030.670.960.940.940.820.930.970.670.350.920.350.760.780.620.31-0.320.50.82-0.730.72-0.590.860.77-0.83
0.030.3-0.08-0.040.10.27-0.150.010.510.680.240.460.36-0.20.160.170.020.170.06-0.20.25-0.130.19-0.24-0.23
0.670.30.490.530.50.60.460.590.450.310.660.40.980.380.490.72-0.390.780.56-0.420.54-0.380.620.61-0.55
0.96-0.080.490.960.980.790.960.970.640.330.870.280.60.830.660.1-0.280.40.86-0.760.71-0.590.860.76-0.82
0.94-0.040.530.960.960.810.890.950.630.410.880.330.640.90.710.16-0.360.50.81-0.690.7-0.470.830.7-0.78
0.940.10.50.980.960.860.910.960.730.510.910.390.630.830.730.07-0.260.420.88-0.820.77-0.620.90.68-0.87
0.820.270.60.790.810.860.70.770.630.690.890.610.690.750.750.07-0.080.430.7-0.820.86-0.590.820.52-0.9
0.93-0.150.460.960.890.910.70.90.680.180.80.180.570.710.520.05-0.10.230.86-0.70.66-0.590.860.84-0.79
0.970.010.590.970.950.960.770.90.620.370.880.320.680.820.690.28-0.440.550.82-0.730.69-0.570.820.7-0.78
0.670.510.450.640.630.730.630.680.620.560.750.350.630.340.44-0.010.140.120.76-0.620.59-0.510.830.52-0.71
0.350.680.310.330.410.510.690.180.370.560.490.740.410.370.72-0.11-0.090.310.39-0.590.69-0.280.51-0.02-0.63
0.920.240.660.870.880.910.890.80.880.750.490.410.760.730.610.28-0.210.510.77-0.770.66-0.630.840.62-0.81
0.350.460.40.280.330.390.610.180.320.350.740.410.430.380.480.03-0.140.280.25-0.620.68-0.460.410.06-0.68
0.760.360.980.60.640.630.690.570.680.630.410.760.430.450.560.61-0.330.730.69-0.520.63-0.460.760.67-0.65
0.78-0.20.380.830.90.830.750.710.820.340.370.730.380.450.690.05-0.40.490.63-0.610.67-0.390.650.57-0.7
0.620.160.490.660.710.730.750.520.690.440.720.610.480.560.690.01-0.330.60.73-0.630.78-0.310.730.46-0.68
0.310.170.720.10.160.070.070.050.28-0.01-0.110.280.030.610.050.01-0.650.750.010.1-0.080.00.010.160.05
-0.320.02-0.39-0.28-0.36-0.26-0.08-0.1-0.440.14-0.09-0.21-0.14-0.33-0.4-0.33-0.65-0.78-0.110.04-0.08-0.03-0.02-0.050.04
0.50.170.780.40.50.420.430.230.550.120.310.510.280.730.490.60.75-0.780.39-0.250.33-0.160.360.32-0.27
0.820.060.560.860.810.880.70.860.820.760.390.770.250.690.630.730.01-0.110.39-0.750.73-0.630.970.84-0.79
-0.73-0.2-0.42-0.76-0.69-0.82-0.82-0.7-0.73-0.62-0.59-0.77-0.62-0.52-0.61-0.630.10.04-0.25-0.75-0.790.89-0.81-0.480.9
0.720.250.540.710.70.770.860.660.690.590.690.660.680.630.670.78-0.08-0.080.330.73-0.79-0.550.830.58-0.93
-0.59-0.13-0.38-0.59-0.47-0.62-0.59-0.59-0.57-0.51-0.28-0.63-0.46-0.46-0.39-0.310.0-0.03-0.16-0.630.89-0.55-0.66-0.480.72
0.860.190.620.860.830.90.820.860.820.830.510.840.410.760.650.730.01-0.020.360.97-0.810.83-0.660.81-0.89
0.77-0.240.610.760.70.680.520.840.70.52-0.020.620.060.670.570.460.16-0.050.320.84-0.480.58-0.480.81-0.63
-0.83-0.23-0.55-0.82-0.78-0.87-0.9-0.79-0.78-0.71-0.63-0.81-0.68-0.65-0.7-0.680.050.04-0.27-0.790.9-0.930.72-0.89-0.63
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Nantong Jiangshan Account Relationship Matchups

Nantong Jiangshan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.6B5.7B6.5B6.7B7.7B8.1B
Other Current Liab581.2M712.6M1.1B29.2M33.6M31.9M
Total Current Liabilities2.3B2.8B2.4B2.5B2.9B1.6B
Total Stockholder Equity2.0B2.3B3.3B3.6B4.1B4.3B
Other Liab129.3M143.9M170.9M224.4M258.0M270.9M
Retained Earnings1.5B1.9B2.8B2.4B2.8B2.9B
Accounts Payable1.1B1.6B1.0B972.4M1.1B1.2B
Cash847.8M1.2B2.1B2.5B2.9B3.0B
Other Assets79.6M78.9M82.7M119.7M137.6M144.5M
Long Term Debt85.5M302.8M602.5M202.5M232.8M189.3M
Net Receivables752.7M757.9M919.0M285.8M328.6M318.7M
Inventory524.5M1.0B1.0B816.9M939.5M986.4M
Other Current Assets153.0M116.1M94.5M52.7M60.7M74.3M
Total Liab2.6B3.3B3.2B3.0B3.4B2.0B
Intangible Assets212.1M196.4M181.0M264.6M304.3M319.5M
Property Plant Equipment1.4B1.5B1.6B1.6B1.8B1.6B
Net Tangible Assets1.7B1.7B2.1B3.0B3.5B1.9B
Other Stockholder Equity(6.2M)(7.5M)(9.1M)(9.0M)(8.1M)(7.7M)
Deferred Long Term Liab12.8M20.4M14.0M13.3M15.3M10.5M
Total Current Assets2.5B3.4B4.2B3.8B4.4B2.6B
Non Current Assets Total2.1B2.3B2.3B2.8B3.3B2.4B
Non Current Liabilities Total229.4M478.4M830.3M426.7M490.7M356.9M
Short Long Term Debt528.4M300.7M500.5K27.8M25.0M23.8M
Net Invested Capital2.6B3.0B3.9B3.8B4.4B3.1B
Net Working Capital125.7M575.4M1.8B1.3B1.5B1.6B
Property Plant And Equipment Net1.5B1.6B1.6B2.0B2.3B1.8B
Property Plant And Equipment Gross3.8B4.1B1.6B4.7B4.3B2.9B

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Other Information on Investing in Nantong Stock

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