Nanjing Net Income vs Change To Netincome Analysis

688580 Stock

26.78 0.11 0.41%

Nanjing Vishee financial indicator trend analysis is infinitely more than just investigating Nanjing Vishee Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Vishee Medical is a good investment. Please check the relationship between Nanjing Vishee Net Income and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Vishee Medical. 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.

Net Income vs Change To Netincome

Net Income vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Vishee Medical Net Income account and Change To Netincome. At this time, the significance of the direction appears to have pay attention.

The correlation between Nanjing Vishee's Net Income and Change To Netincome is -0.9. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Nanjing Vishee Medical, assuming nothing else is changed. The correlation between historical values of Nanjing Vishee's Net Income and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Nanjing Vishee Medical are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., Nanjing Vishee's Net Income and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.9

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Nanjing Vishee Medical financial statement analysis. It represents the amount of money remaining after all of Nanjing Vishee Medical operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Netincome

Most indicators from Nanjing Vishee's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Vishee Medical 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 Nanjing Vishee Medical. 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 Tax Provision is expected to grow to about 16 M, whereas Selling General Administrative is forecasted to decline to about 96.7 M.

	2022	2023	2024	2025 (projected)
Gross Profit	233.1M	331.7M	381.5M	261.0M
Total Revenue	321.6M	462.2M	531.6M	355.7M

Gross Profit Total Revenue

Nanjing Vishee fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Deferred Long Term Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Net Working Capital	Intangible Assets	Common Stock
Total Assets		-0.45	0.84	1.0	-0.85	0.99	0.98	0.82	0.98	0.77	0.35	0.86	-0.87	0.87	0.89	-0.05	0.93	0.65	0.81	0.94	1.0	-0.1	0.99	0.98	0.72	0.99
Other Current Liab	-0.45		-0.34	-0.44	0.56	-0.38	-0.47	-0.74	-0.33	-0.78	0.21	-0.7	0.2	-0.67	-0.61	-0.76	-0.33	-0.71	-0.52	-0.25	-0.44	0.45	-0.34	-0.33	-0.86	-0.46
Total Current Liabilities	0.84	-0.34		0.83	-0.52	0.8	0.9	0.83	0.79	0.78	0.04	0.72	-0.92	0.79	0.84	-0.04	0.98	0.77	0.97	0.75	0.83	0.35	0.8	0.77	0.74	0.83
Total Stockholder Equity	1.0	-0.44	0.83		-0.86	1.0	0.97	0.81	0.99	0.76	0.37	0.86	-0.86	0.87	0.88	-0.07	0.92	0.64	0.8	0.94	1.0	-0.12	0.99	0.99	0.71	0.99
Other Liab	-0.85	0.56	-0.52	-0.86		-0.86	-0.76	-0.65	-0.86	-0.69	-0.32	-0.79	0.59	-0.82	-0.74	-0.02	-0.66	-0.54	-0.51	-0.87	-0.86	0.55	-0.86	-0.87	-0.67	-0.86
Net Tangible Assets	0.99	-0.38	0.8	1.0	-0.86		0.96	0.77	0.99	0.71	0.41	0.83	-0.86	0.83	0.85	-0.13	0.91	0.58	0.76	0.95	1.0	-0.11	1.0	1.0	0.65	0.98
Retained Earnings	0.98	-0.47	0.9	0.97	-0.76	0.96		0.85	0.93	0.82	0.35	0.89	-0.89	0.9	0.93	-0.01	0.95	0.74	0.88	0.87	0.97	0.02	0.94	0.93	0.76	0.96
Accounts Payable	0.82	-0.74	0.83	0.81	-0.65	0.77	0.85		0.72	0.84	-0.06	0.81	-0.7	0.79	0.86	0.43	0.82	0.75	0.91	0.68	0.81	-0.03	0.74	0.72	0.88	0.81
Cash	0.98	-0.33	0.79	0.99	-0.86	0.99	0.93	0.72		0.68	0.42	0.81	-0.87	0.82	0.81	-0.21	0.9	0.55	0.72	0.96	0.99	-0.11	1.0	1.0	0.62	0.97
Non Current Assets Total	0.77	-0.78	0.78	0.76	-0.69	0.71	0.82	0.84	0.68		0.01	0.91	-0.7	0.96	0.86	0.31	0.77	0.97	0.84	0.59	0.76	-0.09	0.69	0.68	0.98	0.78
Non Currrent Assets Other	0.35	0.21	0.04	0.37	-0.32	0.41	0.35	-0.06	0.42	0.01		0.38	-0.31	0.22	0.11	-0.51	0.17	-0.07	-0.08	0.31	0.37	-0.05	0.42	0.43	-0.12	0.32
Other Assets	0.86	-0.7	0.72	0.86	-0.79	0.83	0.89	0.81	0.81	0.91	0.38		-0.76	0.95	0.81	0.15	0.77	0.82	0.74	0.68	0.86	-0.15	0.82	0.81	0.87	0.85
Long Term Debt	-0.87	0.2	-0.92	-0.86	0.59	-0.86	-0.89	-0.7	-0.87	-0.7	-0.31	-0.76		-0.78	-0.71	0.32	-0.95	-0.65	-0.83	-0.8	-0.86	-0.34	-0.88	-0.86	-0.63	-0.83
Net Receivables	0.87	-0.67	0.79	0.87	-0.82	0.83	0.9	0.79	0.82	0.96	0.22	0.95	-0.78		0.89	0.12	0.83	0.91	0.8	0.73	0.87	-0.16	0.83	0.82	0.91	0.88
Common Stock Shares Outstanding	0.89	-0.61	0.84	0.88	-0.74	0.85	0.93	0.86	0.81	0.86	0.11	0.81	-0.71	0.89		0.26	0.86	0.82	0.89	0.78	0.89	-0.13	0.82	0.81	0.82	0.91
Non Current Liabilities Total	-0.05	-0.76	-0.04	-0.07	-0.02	-0.13	-0.01	0.43	-0.21	0.31	-0.51	0.15	0.32	0.12	0.26		-0.12	0.3	0.2	-0.21	-0.06	-0.37	-0.19	-0.2	0.43	-0.02
Inventory	0.93	-0.33	0.98	0.92	-0.66	0.91	0.95	0.82	0.9	0.77	0.17	0.77	-0.95	0.83	0.86	-0.12		0.72	0.93	0.86	0.92	0.22	0.9	0.89	0.72	0.91
Other Current Assets	0.65	-0.71	0.77	0.64	-0.54	0.58	0.74	0.75	0.55	0.97	-0.07	0.82	-0.65	0.91	0.82	0.3	0.72		0.83	0.47	0.64	0.03	0.56	0.54	0.93	0.66
Total Liab	0.81	-0.52	0.97	0.8	-0.51	0.76	0.88	0.91	0.72	0.84	-0.08	0.74	-0.83	0.8	0.89	0.2	0.93	0.83		0.68	0.8	0.26	0.73	0.71	0.83	0.81
Deferred Long Term Liab	0.94	-0.25	0.75	0.94	-0.87	0.95	0.87	0.68	0.96	0.59	0.31	0.68	-0.8	0.73	0.78	-0.21	0.86	0.47	0.68		0.94	-0.18	0.96	0.96	0.55	0.93
Net Invested Capital	1.0	-0.44	0.83	1.0	-0.86	1.0	0.97	0.81	0.99	0.76	0.37	0.86	-0.86	0.87	0.89	-0.06	0.92	0.64	0.8	0.94		-0.12	0.99	0.99	0.71	0.99
Short Long Term Debt	-0.1	0.45	0.35	-0.12	0.55	-0.11	0.02	-0.03	-0.11	-0.09	-0.05	-0.15	-0.34	-0.16	-0.13	-0.37	0.22	0.03	0.26	-0.18	-0.12		-0.1	-0.13	-0.13	-0.15
Total Current Assets	0.99	-0.34	0.8	0.99	-0.86	1.0	0.94	0.74	1.0	0.69	0.42	0.82	-0.88	0.83	0.82	-0.19	0.9	0.56	0.73	0.96	0.99	-0.1		1.0	0.64	0.97
Net Working Capital	0.98	-0.33	0.77	0.99	-0.87	1.0	0.93	0.72	1.0	0.68	0.43	0.81	-0.86	0.82	0.81	-0.2	0.89	0.54	0.71	0.96	0.99	-0.13	1.0		0.62	0.97
Intangible Assets	0.72	-0.86	0.74	0.71	-0.67	0.65	0.76	0.88	0.62	0.98	-0.12	0.87	-0.63	0.91	0.82	0.43	0.72	0.93	0.83	0.55	0.71	-0.13	0.64	0.62		0.73
Common Stock	0.99	-0.46	0.83	0.99	-0.86	0.98	0.96	0.81	0.97	0.78	0.32	0.85	-0.83	0.88	0.91	-0.02	0.91	0.66	0.81	0.93	0.99	-0.15	0.97	0.97	0.73

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Nanjing Vishee Account Relationship Matchups

Nanjing Vishee fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.5B	1.6B	1.7B	1.8B	2.1B	1.2B
Other Current Liab	94.0M	75.3M	2.1M	1.3M	1.2M	1.1M
Total Current Liabilities	128.7M	103.9M	129.2M	151.7M	174.4M	129.0M
Total Stockholder Equity	1.4B	1.5B	1.5B	1.6B	1.9B	1.0B
Net Tangible Assets	230.0M	1.4B	1.5B	1.4B	1.6B	885.8M
Retained Earnings	272.5M	378.5M	349.1M	438.4M	504.2M	284.0M
Accounts Payable	9.9M	9.3M	19.7M	18.0M	20.7M	13.1M
Cash	1.4B	1.4B	1.2B	1.2B	1.3B	892.2M
Non Current Assets Total	121.6M	204.4M	365.0M	551.2M	633.9M	665.6M
Non Currrent Assets Other	191.8K	71.9M	6.1M	1.4M	1.6M	1.5M
Other Assets	640.7K	1.3M	3.4M	85.4M	98.2M	103.1M
Net Receivables	12.9M	24.3M	21.1M	36.6M	42.1M	44.2M
Non Current Liabilities Total	776.2K	1.8M	26.4M	27.6M	31.7M	16.3M
Inventory	37.1M	30.4M	34.8M	39.9M	45.9M	32.7M
Other Current Assets	1.1M	3.0M	4.3M	12.6M	14.5M	15.2M
Total Liab	129.5M	105.7M	155.7M	179.3M	206.2M	145.3M
Deferred Long Term Liab	33.9K	294.8K	1.1M	768.8K	884.1K	528.3K
Net Invested Capital	1.4B	1.5B	1.5B	1.6B	1.9B	1.1B
Short Long Term Debt	10M	1.1M	1.2M	1.2M	1.1M	1.0M
Total Current Assets	1.4B	1.4B	1.3B	1.3B	1.4B	950.4M
Net Working Capital	1.3B	1.3B	1.2B	1.1B	1.3B	821.4M
Intangible Assets	20.0M	18.8M	106.5M	120.6M	138.7M	145.6M
Property Plant Equipment	102.5M	101.3M	98.3M	100.3M	115.3M	103.9M
Property Plant And Equipment Net	98.3M	100.3M	172.5M	321.5M	369.8M	388.3M
Property Plant And Equipment Gross	114.8M	124.8M	172.5M	368.3M	423.5M	444.7M

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Other Information on Investing in Nanjing Stock

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

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Nanjing Net Income vs Change To Netincome Analysis

Net Income vs Change To Netincome

Net Income vs Change To Netincome Correlation Analysis

Correlation Coefficient

Net Income

Change To Netincome

Nanjing Vishee fundamental ratios Correlations

Nanjing Vishee Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nanjing Vishee fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Net Tangible Assets
Total Current Assets	+ 1.0	Net Tangible Assets

Inventory	- 0.95	Long Term Debt
Long Term Debt	- 0.92	Total Current Liabilities
Long Term Debt	- 0.89	Retained Earnings
Total Current Assets	- 0.88	Long Term Debt
Long Term Debt	- 0.87	Cash
Net Working Capital	- 0.87	Other Liab