Bank Selling General Administrative vs Total Assets Analysis

601009 Stock   10.47  0.04  0.38%   
Bank of Nanjing financial indicator trend analysis is way more than just evaluating Bank of Nanjing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Nanjing is a good investment. Please check the relationship between Bank of Nanjing Selling General Administrative and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nanjing. 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.

Selling General Administrative vs Total Assets

Selling General Administrative vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nanjing Selling General Administrative account and Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Bank of Nanjing's Selling General Administrative and Total Assets is 0.29. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Total Assets in the same time period over historical financial statements of Bank of Nanjing, assuming nothing else is changed. The correlation between historical values of Bank of Nanjing's Selling General Administrative and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Bank of Nanjing are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Selling General Administrative i.e., Bank of Nanjing's Selling General Administrative and Total Assets go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Selling General Administrative

Total Assets

Total assets refers to the total amount of Bank of Nanjing assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Bank of Nanjing books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Bank of Nanjing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Nanjing 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 Bank of Nanjing. 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.
As of December 23, 2024, Selling General Administrative is expected to decline to about 3.5 B. In addition to that, Tax Provision is expected to decline to about 2.8 B
 2023 2024 (projected)
Operating Income14.5B7.9B
Total Revenue44.3B46.5B

Bank of Nanjing fundamental ratios Correlations

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0.990.480.940.970.350.99-0.580.990.950.950.980.890.380.90.870.090.940.810.79-0.490.830.790.890.890.9
0.520.480.610.460.290.47-0.30.520.340.50.560.530.540.430.47-0.010.320.210.09-0.080.520.430.460.570.37
0.950.940.610.880.490.94-0.630.950.790.940.950.910.450.870.850.170.850.740.59-0.330.820.840.870.890.84
0.950.970.460.880.290.93-0.370.950.940.910.940.80.320.850.830.040.910.770.81-0.520.790.70.840.830.86
0.390.350.290.490.290.39-0.330.390.20.430.460.450.030.380.330.220.420.3-0.05-0.140.350.470.360.490.34
0.990.990.470.940.930.39-0.670.990.940.960.980.920.410.90.860.120.930.820.75-0.440.820.820.890.90.88
-0.6-0.58-0.3-0.63-0.37-0.33-0.67-0.6-0.52-0.64-0.62-0.72-0.35-0.56-0.53-0.38-0.52-0.59-0.290.0-0.47-0.66-0.56-0.62-0.48
1.00.990.520.950.950.390.99-0.60.930.970.990.930.390.880.840.160.910.830.72-0.40.780.840.870.870.85
0.940.950.340.790.940.20.94-0.520.930.890.920.820.330.820.780.070.90.820.84-0.490.730.720.80.820.82
0.970.950.50.940.910.430.96-0.640.970.890.970.960.460.850.80.310.840.870.6-0.230.720.910.830.870.8
0.990.980.560.950.940.460.98-0.620.990.920.970.940.380.870.830.170.90.810.68-0.380.780.840.860.910.84
0.930.890.530.910.80.450.92-0.720.930.820.960.940.460.770.710.370.730.850.46-0.060.60.950.760.820.67
0.390.380.540.450.320.030.41-0.350.390.330.460.380.460.270.31-0.110.20.150.050.020.40.420.290.410.41
0.880.90.430.870.850.380.9-0.560.880.820.850.870.770.270.990.080.890.820.74-0.520.910.781.00.880.86
0.840.870.470.850.830.330.86-0.530.840.780.80.830.710.310.99-0.020.880.730.75-0.590.950.710.990.870.88
0.150.09-0.010.170.040.220.12-0.380.160.070.310.170.37-0.110.08-0.02-0.020.53-0.230.61-0.210.420.050.03-0.11
0.910.940.320.850.910.420.93-0.520.910.90.840.90.730.20.890.88-0.020.730.86-0.680.870.640.880.880.92
0.830.810.210.740.770.30.82-0.590.830.820.870.810.850.150.820.730.530.730.58-0.130.550.870.790.660.63
0.730.790.090.590.81-0.050.75-0.290.720.840.60.680.460.050.740.75-0.230.860.58-0.760.740.360.730.620.79
-0.4-0.49-0.08-0.33-0.52-0.14-0.440.0-0.4-0.49-0.23-0.38-0.060.02-0.52-0.590.61-0.68-0.13-0.76-0.690.03-0.51-0.46-0.71
0.780.830.520.820.790.350.82-0.470.780.730.720.780.60.40.910.95-0.210.870.550.74-0.690.560.920.870.89
0.830.790.430.840.70.470.82-0.660.840.720.910.840.950.420.780.710.420.640.870.360.030.560.780.760.58
0.870.890.460.870.840.360.89-0.560.870.80.830.860.760.291.00.990.050.880.790.73-0.510.920.780.870.84
0.870.890.570.890.830.490.9-0.620.870.820.870.910.820.410.880.870.030.880.660.62-0.460.870.760.870.82
0.850.90.370.840.860.340.88-0.480.850.820.80.840.670.410.860.88-0.110.920.630.79-0.710.890.580.840.82
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Bank of Nanjing Account Relationship Matchups

Bank of Nanjing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3T1.5T1.7T2.1T2.3T2.4T
Total Stockholder Equity86.9B106.9B121.4B156.3B169.6B178.0B
Other Liab14.5B14.2B12.2B10.0B11.5B6.7B
Retained Earnings54.9B63.6B75.1B88.7B66.6B69.9B
Accounts Payable873.7B1.0T1.1T1.4T1.6T1.7T
Cash213.8B127.7B1.3T152.0B163.0B135.2B
Other Assets555.5B671.8B784.5B934.8B1.1T1.1T
Total Liab1.3T1.4T1.6T1.9T2.1T2.2T
Intangible Assets433.6M474.5M477.8M611.5M1.1B1.2B
Property Plant Equipment7.9B8.3B10.7B10.6B12.2B12.8B
Other Current Liab3.5B4.9B1.6B1.7B1.9B2.3B
Total Current Liabilities929.7B1.1T1.2T1.5T1.7T1.1T
Net Tangible Assets76.6B96.6B111.0B145.6B167.4B89.8B
Net Receivables2.4B5.0B7.0B3.1B2.8B2.7B
Inventory641.9M664.8M2.0B2.1B2.4B2.5B
Other Current Assets83.7B87.7B90.9B97.8B112.5B99.6B
Other Stockholder Equity423.9M90.8M3.0B20.9B24.0B25.2B
Deferred Long Term Liab316.0M283.8M238.5M241.3M217.1M231.8M
Long Term Investments631.4B680.5B808.6B916.4B987.0B663.1B
Total Current Assets338.3B347.0B450.5B618.5B711.2B363.9B
Net Debt99.1B95.2B123.7B103.7B134.2B109.8B
Net Invested Capital295.2B319.8B366.7B402.0B457.0B379.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

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