Xinjiang Total Operating Expenses vs Other Operating Expenses 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 Total Operating Expenses and its Other Operating Expenses 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.

Total Operating Expenses vs Other Operating Expenses

Total Operating Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Goldwind Science Total Operating Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xinjiang Goldwind's Total Operating Expenses and Other Operating Expenses is -0.41. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Other Operating Expenses 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 Total Operating Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Xinjiang Goldwind Science are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Operating Expenses i.e., Xinjiang Goldwind's Total Operating Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Xinjiang Goldwind Science. It is also known as Xinjiang Goldwind overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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.