Ningxia Interest Income vs Gross Profit Analysis

600449 Stock

13.54 0.46 3.29%

Ningxia Building financial indicator trend analysis is infinitely more than just investigating Ningxia Building Mat recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningxia Building Mat is a good investment. Please check the relationship between Ningxia Building Interest Income and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningxia Building Materials. 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 Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningxia Building Mat Interest Income account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Ningxia Building's Interest Income and Gross Profit is 0.18. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Ningxia Building Materials, assuming nothing else is changed. The correlation between historical values of Ningxia Building's Interest Income and Gross Profit 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 Income of Ningxia Building Materials are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Income i.e., Ningxia Building's Interest Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ningxia Building Materials minus its cost of goods sold. It is profit before Ningxia Building operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Ningxia Building's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningxia Building Mat 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 Ningxia Building Materials. 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, Selling General Administrative is expected to decline to about 127 M. In addition to that, Tax Provision is expected to decline to about 61.1 M

	2022	2023	2024	2025 (projected)
Operating Income	751.3M	331.6M	381.3M	408.4M
Total Revenue	8.7B	10.4B	12.0B	12.6B

Operating Income Total Revenue

Ningxia Building fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		-0.14	0.88	0.94	0.84	0.81	0.63	0.49	0.17	0.85	0.31	0.31	0.76	0.65	0.58	0.56	0.87	0.77	0.54	0.66	0.76	0.24	0.66	0.68	0.62	-0.65
Other Current Liab	-0.14		-0.17	-0.09	-0.12	-0.56	0.08	0.29	0.04	-0.2	0.32	0.56	-0.19	0.27	0.39	0.39	-0.06	-0.55	-0.15	-0.2	-0.28	-0.02	-0.24	-0.33	-0.53	0.22
Total Current Liabilities	0.88	-0.17		0.69	0.54	0.84	0.43	0.18	0.32	0.89	0.38	0.43	0.94	0.41	0.45	0.57	0.59	0.64	0.17	0.35	0.52	0.08	0.3	0.53	0.6	-0.36
Total Stockholder Equity	0.94	-0.09	0.69		0.97	0.7	0.68	0.68	-0.1	0.73	0.11	0.21	0.49	0.8	0.56	0.41	0.96	0.8	0.76	0.83	0.87	0.28	0.85	0.74	0.57	-0.8
Retained Earnings	0.84	-0.12	0.54	0.97		0.62	0.68	0.71	-0.27	0.62	-0.07	0.12	0.31	0.83	0.43	0.21	0.96	0.84	0.85	0.92	0.94	0.35	0.94	0.8	0.59	-0.88
Accounts Payable	0.81	-0.56	0.84	0.7	0.62		0.26	0.17	0.06	0.86	-0.03	0.09	0.74	0.34	0.26	0.22	0.61	0.86	0.36	0.51	0.67	0.05	0.51	0.66	0.73	-0.52
Cash	0.63	0.08	0.43	0.68	0.68	0.26		0.55	0.03	0.37	0.37	0.35	0.31	0.58	0.43	0.4	0.7	0.46	0.59	0.7	0.62	0.43	0.55	0.69	0.41	-0.64
Other Assets	0.49	0.29	0.18	0.68	0.71	0.17	0.55		-0.41	0.21	-0.14	0.19	-0.05	0.87	0.67	0.34	0.74	0.37	0.71	0.68	0.54	0.34	0.64	0.5	0.13	-0.53
Long Term Debt	0.17	0.04	0.32	-0.1	-0.27	0.06	0.03	-0.41		0.09	0.82	0.17	0.61	-0.41	0.13	0.52	-0.19	-0.16	-0.54	-0.37	-0.28	0.09	-0.44	-0.23	0.05	0.36
Net Receivables	0.85	-0.2	0.89	0.73	0.62	0.86	0.37	0.21	0.09		0.18	0.42	0.78	0.48	0.51	0.46	0.65	0.66	0.35	0.45	0.6	-0.06	0.45	0.58	0.58	-0.54
Inventory	0.31	0.32	0.38	0.11	-0.07	-0.03	0.37	-0.14	0.82	0.18		0.33	0.58	-0.14	0.34	0.73	0.05	-0.2	-0.27	-0.21	-0.2	0.12	-0.28	-0.15	-0.07	0.18
Other Current Assets	0.31	0.56	0.43	0.21	0.12	0.09	0.35	0.19	0.17	0.42	0.33		0.38	0.37	0.47	0.43	0.15	-0.06	-0.15	0.0	0.11	-0.14	-0.14	0.13	-0.08	0.01
Total Liab	0.76	-0.19	0.94	0.49	0.31	0.74	0.31	-0.05	0.61	0.78	0.58	0.38		0.14	0.39	0.63	0.38	0.46	-0.08	0.11	0.29	0.05	0.06	0.34	0.52	-0.15
Intangible Assets	0.65	0.27	0.41	0.8	0.83	0.34	0.58	0.87	-0.41	0.48	-0.14	0.37	0.14		0.58	0.28	0.83	0.51	0.71	0.7	0.69	0.23	0.73	0.56	0.28	-0.68
Common Stock	0.58	0.39	0.45	0.56	0.43	0.26	0.43	0.67	0.13	0.51	0.34	0.47	0.39	0.58		0.83	0.53	0.14	0.37	0.36	0.23	0.04	0.27	0.33	0.1	-0.24
Property Plant Equipment	0.56	0.39	0.57	0.41	0.21	0.22	0.4	0.34	0.52	0.46	0.73	0.43	0.63	0.28	0.83		0.33	-0.02	0.05	0.08	-0.01	0.0	-0.01	0.12	0.08	-0.01
Other Liab	0.87	-0.06	0.59	0.96	0.96	0.61	0.7	0.74	-0.19	0.65	0.05	0.15	0.38	0.83	0.53	0.33		0.79	0.79	0.84	0.87	0.48	0.86	0.74	0.55	-0.86
Short Term Investments	0.77	-0.55	0.64	0.8	0.84	0.86	0.46	0.37	-0.16	0.66	-0.2	-0.06	0.46	0.51	0.14	-0.02	0.79		0.65	0.81	0.92	0.35	0.79	0.85	0.8	-0.77
Good Will	0.54	-0.15	0.17	0.76	0.85	0.36	0.59	0.71	-0.54	0.35	-0.27	-0.15	-0.08	0.71	0.37	0.05	0.79	0.65		0.91	0.77	0.21	0.93	0.72	0.44	-0.82
Net Tangible Assets	0.66	-0.2	0.35	0.83	0.92	0.51	0.7	0.68	-0.37	0.45	-0.21	0.0	0.11	0.7	0.36	0.08	0.84	0.81	0.91		0.92	0.38	0.92	0.91	0.66	-0.87
Other Stockholder Equity	0.76	-0.28	0.52	0.87	0.94	0.67	0.62	0.54	-0.28	0.6	-0.2	0.11	0.29	0.69	0.23	-0.01	0.87	0.92	0.77	0.92		0.39	0.9	0.88	0.69	-0.87
Deferred Long Term Liab	0.24	-0.02	0.08	0.28	0.35	0.05	0.43	0.34	0.09	-0.06	0.12	-0.14	0.05	0.23	0.04	0.0	0.48	0.35	0.21	0.38	0.39		0.3	0.35	0.31	-0.44
Long Term Investments	0.66	-0.24	0.3	0.85	0.94	0.51	0.55	0.64	-0.44	0.45	-0.28	-0.14	0.06	0.73	0.27	-0.01	0.86	0.79	0.93	0.92	0.9	0.3		0.73	0.56	-0.91
Total Current Assets	0.68	-0.33	0.53	0.74	0.8	0.66	0.69	0.5	-0.23	0.58	-0.15	0.13	0.34	0.56	0.33	0.12	0.74	0.85	0.72	0.91	0.88	0.35	0.73		0.78	-0.77
Non Current Assets Total	0.62	-0.53	0.6	0.57	0.59	0.73	0.41	0.13	0.05	0.58	-0.07	-0.08	0.52	0.28	0.1	0.08	0.55	0.8	0.44	0.66	0.69	0.31	0.56	0.78		-0.61
Non Currrent Assets Other	-0.65	0.22	-0.36	-0.8	-0.88	-0.52	-0.64	-0.53	0.36	-0.54	0.18	0.01	-0.15	-0.68	-0.24	-0.01	-0.86	-0.77	-0.82	-0.87	-0.87	-0.44	-0.91	-0.77	-0.61

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Ningxia Building Account Relationship Matchups

Ningxia Building fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.3B	9.3B	10.1B	11.2B	12.9B	13.6B
Other Current Liab	309.1M	322.7M	497.0M	8.6M	9.9M	9.4M
Total Current Liabilities	1.4B	1.7B	2.4B	3.0B	3.5B	3.7B
Total Stockholder Equity	6.3B	6.8B	7.0B	7.1B	8.2B	8.6B
Retained Earnings	3.8B	4.3B	4.5B	4.3B	4.9B	5.1B
Accounts Payable	585.1M	488.8M	444.2M	2.1B	2.4B	2.6B
Cash	722.0M	1.3B	1.4B	1.1B	1.3B	689.8M
Other Assets	184.6M	253.6M	280.7M	178.4M	205.2M	121.4M
Net Receivables	510.0M	758.6M	1.6B	1.9B	2.2B	2.3B
Inventory	249.3M	390.4M	404.4M	276.5M	318.0M	294.6M
Other Current Assets	55.4M	61.1M	196.6M	88.0M	101.2M	93.2M
Total Liab	1.6B	2.0B	2.6B	3.7B	4.3B	4.5B
Intangible Assets	439.8M	506.1M	572.9M	401.7M	462.0M	485.1M
Property Plant Equipment	4.3B	4.2B	4.2B	4.4B	5.0B	3.2B
Other Liab	175.0M	164.0M	275.6M	219.6M	252.5M	265.1M
Short Term Investments	600.2M	901.8M	630.9M	1.8B	2.0B	2.1B
Net Tangible Assets	5.1B	5.9B	6.3B	6.5B	7.4B	5.5B
Other Stockholder Equity	9.1M	21.6M	28.1M	35.9M	41.3M	43.4M
Deferred Long Term Liab	7.4M	7.7M	24.1M	9.9M	11.4M	10.6M
Total Current Assets	3.1B	4.0B	4.6B	5.7B	6.6B	3.6B
Non Current Assets Total	5.2B	5.3B	5.4B	5.5B	6.3B	5.7B
Non Currrent Assets Other	4.3B	110.2M	37.9M	2.6M	2.4M	2.2M
Non Current Liabilities Total	165.5M	280.7M	223.3M	676.1M	608.5M	307.0M
Short Long Term Debt	430.4M	390.4M	380.3M	400.2M	360.2M	353.1M
Non Current Liabilities Other	24.0M	24.5M	20.3M	25.9M	29.7M	19.5M
Net Invested Capital	6.7B	7.1B	7.4B	8.0B	9.2B	7.3B
Net Working Capital	1.7B	2.3B	2.2B	2.7B	3.1B	1.7B
Property Plant And Equipment Net	4.2B	4.2B	4.4B	4.6B	5.3B	4.7B
Property Plant And Equipment Gross	9.0B	9.1B	9.6B	10.3B	11.8B	10.3B

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Other Information on Investing in Ningxia Stock

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

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Ningxia Interest Income vs Gross Profit Analysis

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Interest Income

Gross Profit

Ningxia Building fundamental ratios Correlations

Ningxia Building Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ningxia Building fundamental ratios Accounts

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Other Information on Investing in Ningxia Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 0.97	Total Stockholder Equity
Other Liab	+ 0.96	Total Stockholder Equity
Other Liab	+ 0.96	Retained Earnings
Total Stockholder Equity	+ 0.94	Total Assets
Total Liab	+ 0.94	Total Current Liabilities
Other Stockholder Equity	+ 0.94	Retained Earnings

Non Currrent Assets Other	- 0.91	Long Term Investments
Non Currrent Assets Other	- 0.88	Retained Earnings
Non Currrent Assets Other	- 0.87	Other Stockholder Equity
Non Currrent Assets Other	- 0.87	Net Tangible Assets
Non Currrent Assets Other	- 0.86	Other Liab
Non Currrent Assets Other	- 0.82	Good Will