Fujian Good Will vs Common Stock 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 Good Will and its Common Stock 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.

Good Will vs Common Stock

Good Will vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Green Pine Good Will account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fujian Green's Good Will and Common Stock is 0.54. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Common Stock 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 Good Will and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Fujian Green Pine are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Good Will i.e., Fujian Green's Good Will and Common Stock go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Common Stock

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

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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.