Xiangpiaopiao Capital Expenditures vs Other Non Cash Items Analysis

603711 Stock   17.36  0.96  5.85%   
Xiangpiaopiao Food financial indicator trend analysis is more than just analyzing Xiangpiaopiao Food current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiangpiaopiao Food is a good investment. Please check the relationship between Xiangpiaopiao Food Capital Expenditures and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiangpiaopiao Food Co. 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.

Capital Expenditures vs Other Non Cash Items

Capital Expenditures vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiangpiaopiao Food Capital Expenditures account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Xiangpiaopiao Food's Capital Expenditures and Other Non Cash Items is 0.17. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Xiangpiaopiao Food Co, assuming nothing else is changed. The correlation between historical values of Xiangpiaopiao Food's Capital Expenditures and Other Non Cash Items 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 Xiangpiaopiao Food Co are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Xiangpiaopiao Food's Capital Expenditures and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

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

Other Non Cash Items

Most indicators from Xiangpiaopiao Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangpiaopiao Food 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 Xiangpiaopiao Food Co. 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 774.4 M. The current year's Tax Provision is expected to grow to about 59.9 M
 2022 2023 2024 2025 (projected)
Operating Income251.7M265.3M305.1M312.7M
Total Revenue3.1B3.6B4.2B3.1B

Xiangpiaopiao Food fundamental ratios Correlations

-0.60.950.990.931.00.250.910.930.340.950.60.960.890.810.990.290.990.440.97-0.040.920.440.960.920.65
-0.6-0.5-0.62-0.6-0.6-0.15-0.74-0.59-0.38-0.55-0.1-0.53-0.5-0.56-0.50.24-0.60.08-0.540.24-0.49-0.69-0.7-0.49-0.64
0.95-0.50.90.90.930.160.870.860.10.830.541.00.750.620.960.370.940.410.96-0.150.790.310.950.790.62
0.99-0.620.90.910.990.270.90.930.410.970.610.920.920.870.980.250.990.450.950.00.940.460.940.940.65
0.93-0.60.90.910.920.330.790.880.30.910.680.910.830.730.930.380.950.50.98-0.040.870.40.910.870.73
1.0-0.60.930.990.920.280.910.920.380.950.610.950.910.840.980.250.990.450.96-0.040.920.420.950.920.64
0.25-0.150.160.270.330.280.120.310.370.350.320.180.360.260.280.080.260.520.290.090.270.010.150.270.27
0.91-0.740.870.90.790.910.120.810.340.810.320.890.730.680.86-0.040.90.080.84-0.30.770.520.950.770.63
0.93-0.590.860.930.880.920.310.810.370.910.530.880.830.80.910.350.920.550.910.20.870.550.880.870.57
0.34-0.380.10.410.30.380.370.340.370.510.320.160.580.480.29-0.230.370.10.260.330.570.660.270.570.25
0.95-0.550.830.970.910.950.350.810.910.510.670.850.940.870.940.280.960.490.930.080.980.450.880.980.65
0.6-0.10.540.610.680.610.320.320.530.320.670.560.740.630.670.390.610.660.660.30.70.180.440.70.31
0.96-0.531.00.920.910.950.180.890.880.160.850.560.780.650.970.360.960.410.96-0.120.820.360.960.820.63
0.89-0.50.750.920.830.910.360.730.830.580.940.740.780.910.890.240.890.560.850.20.940.440.780.940.55
0.81-0.560.620.870.730.840.260.680.80.480.870.630.650.910.790.080.790.480.740.150.820.40.690.820.51
0.99-0.50.960.980.930.980.280.860.910.290.940.670.970.890.790.360.980.520.98-0.020.910.350.930.910.62
0.290.240.370.250.380.250.08-0.040.35-0.230.280.390.360.240.080.360.310.750.40.460.34-0.160.240.340.22
0.99-0.60.940.990.950.990.260.90.920.370.960.610.960.890.790.980.310.430.98-0.040.940.450.970.940.68
0.440.080.410.450.50.450.520.080.550.10.490.660.410.560.480.520.750.430.510.580.49-0.050.270.490.21
0.97-0.540.960.950.980.960.290.840.910.260.930.660.960.850.740.980.40.980.51-0.050.890.350.940.890.69
-0.040.24-0.150.0-0.04-0.040.09-0.30.20.330.080.3-0.120.20.15-0.020.46-0.040.58-0.050.190.32-0.180.19-0.24
0.92-0.490.790.940.870.920.270.770.870.570.980.70.820.940.820.910.340.940.490.890.190.510.851.00.61
0.44-0.690.310.460.40.420.010.520.550.660.450.180.360.440.40.35-0.160.45-0.050.350.320.510.480.510.34
0.96-0.70.950.940.910.950.150.950.880.270.880.440.960.780.690.930.240.970.270.94-0.180.850.480.850.73
0.92-0.490.790.940.870.920.270.770.870.570.980.70.820.940.820.910.340.940.490.890.191.00.510.850.61
0.65-0.640.620.650.730.640.270.630.570.250.650.310.630.550.510.620.220.680.210.69-0.240.610.340.730.61
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Xiangpiaopiao Food Account Relationship Matchups

Xiangpiaopiao Food fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.7B5.0B5.0B5.2B6.0B3.5B
Other Current Liab377.9M279.6M289.3M7.3M6.6M6.3M
Total Current Liabilities1.8B1.9B1.8B1.8B2.1B1.3B
Total Stockholder Equity2.8B3.0B3.1B3.3B3.9B2.1B
Other Liab75.5M80.5M87.5M78.2M89.9M94.4M
Retained Earnings1.8B1.9B2.1B2.1B2.4B1.3B
Accounts Payable382.5M345.5M493.7M413.8M475.9M477.6M
Cash1.4B2.2B2.5B2.7B3.1B1.6B
Other Assets176.4M213.3M149.8M190.2M218.8M123.6M
Net Receivables26.3M34.6M54.0M57.7M66.4M51.8M
Inventory154.1M156.5M171.6M161.9M186.2M141.4M
Other Current Assets149.3M247.8M65.3M64.9M74.7M102.2M
Total Liab1.9B2.0B1.9B1.9B2.2B1.4B
Intangible Assets199.8M196.7M194.3M189.5M217.9M153.6M
Property Plant Equipment1.4B1.6B1.8B1.6B1.9B995.8M
Short Term Investments858.6M246.8M185.5M231.8M266.6M294.5M
Net Tangible Assets2.3B2.6B2.8B2.9B3.4B2.3B
Deferred Long Term Liab17.4M19.2M4.2M2.8M3.2M3.1M
Non Current Assets Total2.1B2.1B2.1B2.0B2.3B1.8B
Non Currrent Assets Other87.3M6.7M3.7M865.6K779.1K740.1K
Non Current Liabilities Total80.5M87.5M79.6M98.3M113.1M92.8M
Total Current Assets2.7B2.9B3.0B3.3B3.8B2.6B
Net Invested Capital3.6B4.2B4.0B4.4B5.0B3.6B
Net Working Capital864.7M922.3M1.1B1.5B1.7B1.1B
Property Plant And Equipment Net1.6B1.8B1.6B1.5B1.8B1.8B
Property Plant And Equipment Gross2.1B2.4B1.6B2.5B2.9B2.3B

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Other Information on Investing in Xiangpiaopiao Stock

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