Xinjiang Other Current Liab vs Other Stockholder Equity Analysis

002202 Stock   10.98  0.11  1.01%   
Xinjiang Goldwind financial indicator trend analysis is more than just analyzing Xinjiang Goldwind Science current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Goldwind Science is a good investment. Please check the relationship between Xinjiang Goldwind Other Current Liab and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Goldwind Science. 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.

Other Current Liab vs Other Stockholder Equity

Other Current Liab vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Goldwind Science Other Current Liab account and Other Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xinjiang Goldwind's Other Current Liab and Other Stockholder Equity is 0.62. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Xinjiang Goldwind Science, assuming nothing else is changed. The correlation between historical values of Xinjiang Goldwind's Other Current Liab and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Xinjiang Goldwind Science are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Liab i.e., Xinjiang Goldwind's Other Current Liab and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Other Stockholder Equity

Most indicators from Xinjiang Goldwind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Goldwind Science 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 Xinjiang Goldwind Science. 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 13, 2024, Selling General Administrative is expected to decline to about 2.3 B. In addition to that, Tax Provision is expected to decline to about 550.9 M
 2021 2022 2023 2024 (projected)
Operating Income5.1B1.7B1.9B2.1B
Total Revenue50.6B46.4B50.5B25.8B

Xinjiang Goldwind fundamental ratios Correlations

0.50.990.990.990.990.990.590.980.970.810.90.850.391.00.970.750.99-0.390.910.860.870.840.230.920.83
0.50.520.570.50.540.410.260.510.430.670.310.110.790.470.410.660.480.30.550.620.610.650.660.490.6
0.990.520.980.970.970.990.590.970.940.790.910.870.430.990.960.740.98-0.40.910.850.880.840.220.920.81
0.990.570.980.980.980.970.610.970.950.860.870.80.430.980.950.810.98-0.320.90.880.870.850.290.890.84
0.990.50.970.980.990.970.520.990.970.810.870.790.380.990.940.731.0-0.350.90.880.860.840.270.880.85
0.990.540.970.980.990.970.510.990.970.820.880.770.410.980.970.740.99-0.330.920.90.90.890.30.90.88
0.990.410.990.970.970.970.610.970.950.760.920.880.310.990.980.70.98-0.490.90.810.870.810.120.920.77
0.590.260.590.610.520.510.610.480.560.690.430.550.050.590.530.710.53-0.380.550.410.490.43-0.040.650.37
0.980.510.970.970.990.990.970.480.960.790.90.790.410.980.960.710.99-0.340.910.890.890.880.280.890.87
0.970.430.940.950.970.970.950.560.960.810.830.780.310.970.940.710.97-0.320.850.850.810.820.250.880.87
0.810.670.790.860.810.820.760.690.790.810.590.520.470.80.720.950.8-0.030.810.810.790.830.430.780.81
0.90.310.910.870.870.880.920.430.90.830.590.880.330.90.940.580.89-0.510.870.740.880.80.090.860.68
0.850.110.870.80.790.770.880.550.790.780.520.880.230.860.850.520.81-0.530.720.580.670.6-0.080.80.58
0.390.790.430.430.380.410.310.050.410.310.470.330.230.370.310.510.370.330.430.430.510.550.470.390.5
1.00.470.990.980.990.980.990.590.980.970.80.90.860.370.970.730.99-0.410.910.850.870.840.210.920.83
0.970.410.960.950.940.970.980.530.960.940.720.940.850.310.970.670.96-0.50.920.830.90.850.130.930.8
0.750.660.740.810.730.740.70.710.710.710.950.580.520.510.730.670.72-0.020.760.730.760.80.40.710.71
0.990.480.980.981.00.990.980.530.990.970.80.890.810.370.990.960.72-0.370.910.880.870.850.250.90.85
-0.390.3-0.4-0.32-0.35-0.33-0.49-0.38-0.34-0.32-0.03-0.51-0.530.33-0.41-0.5-0.02-0.37-0.39-0.06-0.34-0.110.71-0.440.06
0.910.550.910.90.90.920.90.550.910.850.810.870.720.430.910.920.760.91-0.390.90.970.930.270.960.82
0.860.620.850.880.880.90.810.410.890.850.810.740.580.430.850.830.730.88-0.060.90.850.90.60.820.95
0.870.610.880.870.860.90.870.490.890.810.790.880.670.510.870.90.760.87-0.340.970.850.960.280.920.79
0.840.650.840.850.840.890.810.430.880.820.830.80.60.550.840.850.80.85-0.110.930.90.960.470.860.9
0.230.660.220.290.270.30.12-0.040.280.250.430.09-0.080.470.210.130.40.250.710.270.60.280.470.170.61
0.920.490.920.890.880.90.920.650.890.880.780.860.80.390.920.930.710.9-0.440.960.820.920.860.170.79
0.830.60.810.840.850.880.770.370.870.870.810.680.580.50.830.80.710.850.060.820.950.790.90.610.79
Click cells to compare fundamentals

Xinjiang Goldwind Account Relationship Matchups

Xinjiang Goldwind fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets103.1B109.1B119.4B136.8B143.5B150.7B
Other Current Liab17.6B12.2B11.7B11.7B2.7B2.6B
Total Current Liabilities49.6B47.8B49.9B59.1B63.0B66.2B
Total Stockholder Equity30.7B34.2B35.5B38.1B37.6B39.5B
Other Liab4.6B5.2B6.4B6.6B7.6B8.0B
Retained Earnings12.7B14.9B17.2B16.9B17.5B18.4B
Accounts Payable25.4B28.6B31.9B39.5B41.6B43.7B
Cash7.2B8.3B8.6B15.6B14.2B7.3B
Other Assets14.1B15.2B17.3B18.8B21.7B22.7B
Long Term Debt16.9B18.0B24.4B28.4B28.2B29.6B
Net Receivables20.7B20.8B23.6B24.3B25.5B13.4B
Inventory8.1B5.7B4.8B9.8B15.3B16.0B
Other Current Assets12.0B3.3B4.7B2.0B2.6B2.4B
Total Liab70.8B74.2B82.9B96.5B103.3B108.4B
Intangible Assets4.0B4.8B6.2B7.1B7.4B7.8B
Property Plant Equipment25.5B29.8B35.6B39.2B45.1B47.4B
Good Will470.2M354.8M163.3M178.2M107.4M102.0M
Net Tangible Assets21.2B26.8B29.7B29.9B34.4B25.4B
Other Stockholder Equity1.5B1.6B2.9B2.0B2.3B1.7B
Deferred Long Term Liab541.5M724.9M737.4M807.1M928.2M498.2M
Short Long Term Debt2.0B2.6B471.5M1.2B386.1M366.8M
Total Current Assets48.4B44.0B47.9B62.4B63.8B47.8B
Non Current Assets Total54.6B65.1B71.4B74.4B79.7B63.9B
Non Currrent Assets Other4.5B39.4B10.8B12.1B11.8B11.8B
Non Current Liabilities Total21.3B26.3B33.1B37.3B40.2B30.3B
Non Current Liabilities Other2.5B3.4B3.7B3.3B5.4B3.4B
Net Debt10.1B12.4B16.3B13.9B14.3B14.6B
Net Invested Capital48.0B54.8B60.4B67.6B66.1B60.2B
Net Working Capital(1.1B)(3.8B)(2.0B)3.2B809.9M850.4M

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Other Information on Investing in Xinjiang Stock

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