Fujian Accounts Payable vs Property Plant Equipment Analysis

300132 Stock   5.17  0.01  0.19%   
Fujian Green financial indicator trend analysis is much more than just examining Fujian Green Pine latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Green Pine is a good investment. Please check the relationship between Fujian Green Accounts Payable and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Green Pine. 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.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Green Pine Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fujian Green's Accounts Payable and Property Plant Equipment is 0.93. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Fujian Green Pine, assuming nothing else is changed. The correlation between historical values of Fujian Green's Accounts Payable and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Fujian Green Pine are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Accounts Payable i.e., Fujian Green's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Fujian Green obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fujian Green Pine are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant Equipment

Most indicators from Fujian Green's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Green Pine 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 Fujian Green Pine. 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 Selling General Administrative is expected to grow to about 66.7 M, whereas Tax Provision is projected to grow to (17.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit480.4M165.2M237.3M465.3M
Research Development124.2M121.8M69.4M75.5M

Fujian Green fundamental ratios Correlations

0.820.890.960.530.950.790.720.970.880.710.920.720.710.910.770.540.290.920.720.780.960.950.510.920.12
0.820.750.780.610.80.540.390.790.740.640.760.480.570.620.460.640.330.710.570.480.80.720.460.70.32
0.890.750.730.250.960.740.780.870.820.680.990.770.590.90.720.39-0.040.770.790.810.910.770.570.9-0.12
0.960.780.730.680.830.710.590.920.840.680.770.580.70.820.680.570.450.910.640.670.870.950.450.80.25
0.530.610.250.680.30.0-0.120.470.620.680.25-0.140.250.31-0.040.420.490.410.46-0.020.350.550.520.180.43
0.950.80.960.830.30.840.820.940.80.630.980.820.710.930.820.530.150.880.740.860.960.860.50.96-0.01
0.790.540.740.710.00.840.920.790.580.270.80.910.670.770.970.440.180.890.410.930.890.770.10.910.02
0.720.390.780.59-0.120.820.920.720.530.30.810.910.580.810.950.30.020.80.580.990.820.710.280.88-0.26
0.970.790.870.920.470.940.790.720.830.650.910.750.770.90.760.520.330.90.70.780.950.910.470.920.12
0.880.740.820.840.620.80.580.530.830.850.810.520.540.810.520.570.240.770.770.580.830.810.630.740.28
0.710.640.680.680.680.630.270.30.650.850.660.210.240.640.260.430.10.530.80.340.620.650.780.540.19
0.920.760.990.770.250.980.80.810.910.810.660.810.650.920.780.430.020.820.760.840.940.820.520.95-0.08
0.720.480.770.58-0.140.820.910.910.750.520.210.810.710.770.920.370.070.780.50.940.830.680.20.9-0.15
0.710.570.590.70.250.710.670.580.770.540.240.650.710.780.60.650.540.740.450.640.670.590.270.680.21
0.910.620.90.820.310.930.770.810.90.810.640.920.770.780.750.490.160.840.780.830.860.810.560.88-0.06
0.770.460.720.68-0.040.820.970.950.760.520.260.780.920.60.750.360.110.860.480.970.860.790.160.91-0.12
0.540.640.390.570.420.530.440.30.520.570.430.430.370.650.490.360.70.590.440.360.540.470.410.480.59
0.290.33-0.040.450.490.150.180.020.330.240.10.020.070.540.160.110.70.380.130.090.230.320.150.140.56
0.920.710.770.910.410.880.890.80.90.770.530.820.780.740.840.860.590.380.640.860.940.910.370.890.18
0.720.570.790.640.460.740.410.580.70.770.80.760.50.450.780.480.440.130.640.630.690.70.880.66-0.15
0.780.480.810.67-0.020.860.930.990.780.580.340.840.940.640.830.970.360.090.860.630.870.780.320.92-0.22
0.960.80.910.870.350.960.890.820.950.830.620.940.830.670.860.860.540.230.940.690.870.910.430.970.1
0.950.720.770.950.550.860.770.710.910.810.650.820.680.590.810.790.470.320.910.70.780.910.480.870.07
0.510.460.570.450.520.50.10.280.470.630.780.520.20.270.560.160.410.150.370.880.320.430.480.380.03
0.920.70.90.80.180.960.910.880.920.740.540.950.90.680.880.910.480.140.890.660.920.970.870.38-0.02
0.120.32-0.120.250.43-0.010.02-0.260.120.280.19-0.08-0.150.21-0.06-0.120.590.560.18-0.15-0.220.10.070.03-0.02
Click cells to compare fundamentals

Fujian Green Account Relationship Matchups

Fujian Green fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.6B4.6B3.2B2.4B1.9B
Other Current Liab138.5M134.8M126.4M150.5M3.4M3.2M
Total Current Liabilities823.1M1.0B1.6B1.2B596.4M531.6M
Total Stockholder Equity3.0B3.1B2.1B1.4B1.3B1.1B
Retained Earnings1.1B1.4B441.0M(301.4M)(494.5M)(469.8M)
Accounts Payable380.1M404.9M558.7M451.0M278.8M168.7M
Cash645.0M514.6M573.9M715.2M685.6M719.9M
Other Assets130.9M223.8M310.3M250.2M287.8M302.1M
Net Receivables770.2M671.5M772.0M522.4M423.6M288.7M
Inventory864.6M747.5M1.1B421.7M265.2M406.9M
Other Current Assets77.1M77.0M123.6M17.8M1.8M1.8M
Total Liab1.5B1.5B2.5B1.8B1.1B758.4M
Intangible Assets137.6M111.8M220.5M205.2M195.5M205.3M
Property Plant Equipment658.6M763.3M968.3M613.7M705.8M428.5M
Other Liab36.5M35.0M38.9M38.3M44.1M46.3M
Net Tangible Assets1.5B1.7B1.5B1.2B1.4B1.2B
Other Stockholder Equity2.3M9.8M15.5M1.8M2.0M1.9M
Deferred Long Term Liab104.7M170.9M223.3M166.8M191.9M201.5M
Total Current Assets2.4B2.2B2.6B2.1B1.4B1.6B
Non Current Assets Total2.3B2.5B2.0B1.1B951.4M1.4B
Non Currrent Assets Other12.3M38.1M57.0M6.7M6.5M6.1M
Non Current Liabilities Total673.4M479.5M822.1M617.6M461.2M423.3M
Net Invested Capital3.9B3.8B3.2B2.1B1.7B2.6B
Short Long Term Debt211.7M173.0M436.5M234.7M35.0M33.3M
Net Working Capital1.5B1.1B995.7M918.8M823.3M1.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Fujian Stock

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