LBGJ Non Currrent Assets Other vs Property Plant And Equipment Net Analysis
LBGJ Stock | 2.62 0.02 0.77% |
Li Bang financial indicator trend analysis is infinitely more than just investigating Li Bang International recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Li Bang International is a good investment. Please check the relationship between Li Bang Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Li Bang International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
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 Li Bang International Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Li Bang's Non Currrent Assets Other and Property Plant And Equipment Net is -0.36. 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 Li Bang International, assuming nothing else is changed. The correlation between historical values of Li Bang'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 Li Bang International 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., Li Bang's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.36 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 Li Bang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Li Bang International 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Li Bang International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. Tax Provision is expected to hike to about (160.5 K) this year. The value of Selling General Administrative is expected to pull down to about 3.3 M
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 5.8M | 2.7M | 2.4M | 3.9M | Total Revenue | 14.0M | 10.8M | 9.7M | 10.3M |
Li Bang fundamental ratios Correlations
Click cells to compare fundamentals
Li Bang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Li Bang fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 16.8M | 20.4M | 25.4M | 25.1M | 28.8M | 22.8M | |
Total Current Liabilities | 11.2M | 15.0M | 19.5M | 17.0M | 19.6M | 16.7M | |
Total Stockholder Equity | 5.7M | 5.4M | 5.6M | 4.3M | 5.0M | 5.2M | |
Property Plant And Equipment Net | 4.1M | 3.6M | 3.1M | 2.8M | 2.5M | 2.8M | |
Net Debt | 3.7M | 6.7M | 10.0M | 10.6M | 12.2M | 7.7M | |
Retained Earnings | 2.8M | 2.5M | 3.0M | 1.6M | 1.8M | 2.3M | |
Accounts Payable | 2.8M | 3.6M | 4.4M | 4.7M | 5.4M | 4.1M | |
Cash | 104.8K | 172.0K | 76.0K | 153.9K | 138.5K | 103.5K | |
Non Current Assets Total | 6.1M | 8.0M | 10.1M | 9.4M | 10.8M | 8.6M | |
Non Currrent Assets Other | 106.2K | 130.8K | 73.2K | 169.9K | 195.4K | 136.9K | |
Net Receivables | 5.0M | 8.9M | 11.9M | 12.3M | 14.1M | 9.0M | |
Inventory | 4.0M | 2.1M | 1.5M | 1.8M | 1.6M | 2.3M | |
Other Current Assets | 224.7K | 190.0K | 411.3K | 283.1K | 254.8K | 247.4K | |
Total Liab | 11.2M | 15.0M | 19.8M | 20.8M | 23.9M | 17.6M | |
Net Invested Capital | 9.6M | 12.3M | 15.7M | 15.1M | 17.3M | 13.0M | |
Property Plant And Equipment Gross | 7.0M | 6.9M | 6.6M | 6.8M | 7.8M | 7.3M | |
Short Long Term Debt | 3.8M | 6.9M | 9.8M | 6.9M | 8.0M | 6.9M | |
Total Current Assets | 10.7M | 12.4M | 15.3M | 15.7M | 18.1M | 14.2M | |
Net Working Capital | (472.4K) | (2.7M) | (4.2M) | (1.3M) | (1.2M) | (1.2M) | |
Intangible Assets | 645.4K | 2.1M | 1.9M | 1.9M | 2.2M | 1.6M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Li Bang International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Li Bang. If investors know LBGJ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Li Bang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.635 | Quarterly Revenue Growth 0.189 | Return On Assets (0.04) | Return On Equity |
The market value of Li Bang International is measured differently than its book value, which is the value of LBGJ that is recorded on the company's balance sheet. Investors also form their own opinion of Li Bang's value that differs from its market value or its book value, called intrinsic value, which is Li Bang's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Li Bang's market value can be influenced by many factors that don't directly affect Li Bang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Li Bang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Li Bang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Li Bang's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.