Ningbo Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

603219 Stock   14.68  0.24  1.61%   
Ningbo Fujia financial indicator trend analysis is infinitely more than just investigating Ningbo Fujia Industrial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Fujia Industrial is a good investment. Please check the relationship between Ningbo Fujia Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Fujia Industrial. 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Fujia Industrial Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have pay attention.
The correlation between Ningbo Fujia's Non Currrent Assets Other and Property Plant And Equipment Net is -0.73. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Ningbo Fujia Industrial, assuming nothing else is changed. The correlation between historical values of Ningbo Fujia's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Ningbo Fujia Industrial are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., Ningbo Fujia's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Ningbo Fujia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Fujia Industrial 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 Ningbo Fujia Industrial. 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 27, 2024, Selling General Administrative is expected to decline to about 32.4 M. In addition to that, Tax Provision is expected to decline to about 34.7 M
 2021 2022 2023 2024 (projected)
Interest Expense10.4M8.9M4.4M6.5M
Depreciation And Amortization9.7M68.6M78.8M82.8M

Ningbo Fujia fundamental ratios Correlations

-0.24-0.270.90.970.98-0.780.750.980.920.75-0.720.90.82-0.750.9-0.670.930.90.990.570.880.9-0.940.990.58
-0.240.740.06-0.41-0.380.74-0.52-0.18-0.47-0.40.36-0.53-0.560.10.090.23-0.480.11-0.190.4-0.58-0.190.48-0.26-0.64
-0.270.74-0.17-0.31-0.340.57-0.3-0.32-0.41-0.350.49-0.55-0.670.210.020.16-0.48-0.16-0.240.06-0.62-0.290.42-0.36-0.92
0.90.06-0.170.790.85-0.550.420.950.730.53-0.740.790.66-0.870.94-0.620.810.980.930.850.710.93-0.750.890.49
0.97-0.41-0.310.790.98-0.860.840.920.950.78-0.690.890.84-0.680.82-0.650.940.780.950.390.890.85-0.970.950.57
0.98-0.38-0.340.850.98-0.830.760.950.930.77-0.730.920.85-0.780.85-0.730.950.830.960.50.890.92-0.950.960.61
-0.780.740.57-0.55-0.86-0.83-0.81-0.73-0.9-0.660.7-0.92-0.820.52-0.530.51-0.89-0.53-0.76-0.13-0.91-0.660.89-0.78-0.73
0.75-0.52-0.30.420.840.76-0.810.670.860.82-0.340.710.78-0.190.47-0.460.710.470.7-0.090.750.46-0.830.760.51
0.98-0.18-0.320.950.920.95-0.730.670.90.71-0.740.890.85-0.790.88-0.650.890.940.970.640.840.92-0.880.970.62
0.92-0.47-0.410.730.950.93-0.90.860.90.73-0.70.890.91-0.610.68-0.530.870.730.90.290.860.78-0.920.90.63
0.75-0.4-0.350.530.780.77-0.660.820.710.73-0.190.740.79-0.320.54-0.820.690.570.650.120.710.57-0.710.750.6
-0.720.360.49-0.74-0.69-0.730.7-0.34-0.74-0.7-0.19-0.74-0.630.83-0.650.23-0.81-0.66-0.78-0.58-0.76-0.810.75-0.72-0.59
0.9-0.53-0.550.790.890.92-0.920.710.890.890.74-0.740.86-0.710.74-0.710.960.770.880.450.950.83-0.90.90.8
0.82-0.56-0.670.660.840.85-0.820.780.850.910.79-0.630.86-0.540.52-0.550.810.660.780.220.850.73-0.820.840.83
-0.750.10.21-0.87-0.68-0.780.52-0.19-0.79-0.61-0.320.83-0.71-0.54-0.820.59-0.75-0.77-0.79-0.82-0.61-0.950.64-0.7-0.4
0.90.090.020.940.820.85-0.530.470.880.680.54-0.650.740.52-0.82-0.670.820.930.920.810.70.89-0.780.880.33
-0.670.230.16-0.62-0.65-0.730.51-0.46-0.65-0.53-0.820.23-0.71-0.550.59-0.67-0.65-0.6-0.6-0.44-0.57-0.710.56-0.63-0.43
0.93-0.48-0.480.810.940.95-0.890.710.890.870.69-0.810.960.81-0.750.82-0.650.790.920.50.970.87-0.970.940.73
0.90.11-0.160.980.780.83-0.530.470.940.730.57-0.660.770.66-0.770.93-0.60.790.910.810.710.86-0.740.90.5
0.99-0.19-0.240.930.950.96-0.760.70.970.90.65-0.780.880.78-0.790.92-0.60.920.910.630.860.92-0.930.980.54
0.570.40.060.850.390.5-0.13-0.090.640.290.12-0.580.450.22-0.820.81-0.440.50.810.630.360.74-0.360.550.19
0.88-0.58-0.620.710.890.89-0.910.750.840.860.71-0.760.950.85-0.610.7-0.570.970.710.860.360.76-0.950.910.84
0.9-0.19-0.290.930.850.92-0.660.460.920.780.57-0.810.830.73-0.950.89-0.710.870.860.920.740.76-0.80.870.53
-0.940.480.42-0.75-0.97-0.950.89-0.83-0.88-0.92-0.710.75-0.9-0.820.64-0.780.56-0.97-0.74-0.93-0.36-0.95-0.8-0.95-0.66
0.99-0.26-0.360.890.950.96-0.780.760.970.90.75-0.720.90.84-0.70.88-0.630.940.90.980.550.910.87-0.950.66
0.58-0.64-0.920.490.570.61-0.730.510.620.630.6-0.590.80.83-0.40.33-0.430.730.50.540.190.840.53-0.660.66
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Ningbo Fujia Account Relationship Matchups

Ningbo Fujia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.8B2.4B2.3B2.7B2.0B
Short Long Term Debt Total245.1M422.1M375.0M124.0M111.6M106.0M
Other Current Liab35.4M51.2M51.3M45.6M1.1M1.0M
Total Current Liabilities554.4M1.1B1.1B783.8M1.0B874.1M
Total Stockholder Equity595.9M729.4M1.3B1.5B1.6B1.1B
Property Plant And Equipment Net264.2M298.8M396.7M448.1M501.6M362.9M
Net Debt167.6M103.3M(57.2M)(522.8M)(470.6M)(447.0M)
Retained Earnings121.3M227.6M436.5M590.2M661.5M377.3M
Accounts Payable313.7M629.4M700.6M617.7M884.7M594.0M
Cash77.5M318.8M432.3M646.8M791.8M425.5M
Non Current Assets Total504.1M554.2M521.8M606.9M734.9M570.8M
Non Currrent Assets Other221.1M232.9M82.0M107.0M48.4M46.0M
Cash And Short Term Investments238.7M480.6M502.3M794.6M913.8M959.5M
Common Stock Shares Outstanding324.2M358.8M362.0M401M561.4M418.3M
Liabilities And Stockholders Equity1.2B1.8B2.4B2.3B2.7B1.8B
Non Current Liabilities Total41.8M41.5M40.1M25.9M32.7M46.2M
Inventory199.5M343.3M479.5M335.9M291.1M296.1M
Other Current Assets3.6M104.3K218.3M32.0K55.0M52.3M
Other Stockholder Equity129.6M141.9M463.3M501.5M576.8M605.6M
Total Liab596.2M1.1B1.1B809.7M1.1B937.6M
Total Current Assets687.7M1.3B1.9B1.7B2.0B1.4B
Short Term Debt205.3M382.3M344.3M120.5M138.6M247.9M
Intangible Assets9.1M10.8M35.4M36.9M52.7M55.4M
Common Stock312M345M360M401M461.2M367.0M

Currently Active Assets on Macroaxis

Other Information on Investing in Ningbo Stock

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