Ningbo Dividends Paid vs Capital Expenditures Analysis

300998 Stock   16.49  0.05  0.30%   
Ningbo Fangzheng financial indicator trend analysis is infinitely more than just investigating Ningbo Fangzheng Aut recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Fangzheng Aut is a good investment. Please check the relationship between Ningbo Fangzheng Dividends Paid and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Fangzheng Automobile. 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.

Dividends Paid vs Capital Expenditures

Dividends Paid vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Fangzheng Aut Dividends Paid account and Capital Expenditures. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ningbo Fangzheng's Dividends Paid and Capital Expenditures is 0.87. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Ningbo Fangzheng Automobile, assuming nothing else is changed. The correlation between historical values of Ningbo Fangzheng's Dividends Paid and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Ningbo Fangzheng Automobile are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Dividends Paid i.e., Ningbo Fangzheng's Dividends Paid and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Capital Expenditures

Capital Expenditures are funds used by Ningbo Fangzheng Aut to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Ningbo Fangzheng operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Ningbo Fangzheng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Fangzheng Aut 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 Ningbo Fangzheng Automobile. 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 Tax Provision is expected to grow to about (1.4 M). In addition to that, Selling General Administrative is expected to decline to about 48.6 M
 2021 2022 2023 2024 (projected)
Interest Expense7.2M10.8M14.7M13.6M
Interest Income525.1K615.5K3.3M3.4M

Ningbo Fangzheng fundamental ratios Correlations

-0.640.920.990.720.560.660.880.930.880.920.980.940.780.950.380.850.951.00.821.00.940.950.890.960.92
-0.64-0.66-0.63-0.52-0.98-0.96-0.64-0.35-0.65-0.52-0.76-0.77-0.85-0.68-0.87-0.89-0.68-0.61-0.4-0.67-0.77-0.55-0.66-0.57-0.45
0.92-0.660.880.520.630.770.890.890.890.890.930.840.750.930.50.920.990.90.870.910.840.920.90.960.95
0.99-0.630.880.740.550.630.870.910.870.880.970.940.780.920.360.820.910.990.771.00.940.940.880.930.89
0.72-0.520.520.740.510.510.590.590.60.780.760.850.80.790.460.530.640.760.640.730.850.480.590.70.52
0.56-0.980.630.550.510.970.630.290.640.490.70.740.860.650.940.840.650.540.380.60.740.460.650.540.41
0.66-0.960.770.630.510.970.720.440.730.620.780.780.880.750.920.920.770.640.550.680.780.570.740.670.56
0.88-0.640.890.870.590.630.720.851.00.770.860.890.850.830.550.780.880.870.690.880.890.871.00.890.91
0.93-0.350.890.910.590.290.440.850.850.90.860.80.610.870.160.680.90.930.870.910.80.920.850.950.98
0.88-0.650.890.870.60.640.731.00.850.770.870.90.860.840.570.790.880.870.690.880.90.871.00.890.91
0.92-0.520.890.880.780.490.620.770.90.770.930.870.740.980.390.780.940.930.970.910.870.80.770.970.87
0.98-0.760.930.970.760.70.780.860.860.870.930.970.860.980.540.920.970.980.830.980.970.890.870.950.87
0.94-0.770.840.940.850.740.780.890.80.90.870.970.940.940.620.850.90.940.740.951.00.820.90.90.81
0.78-0.850.750.780.80.860.880.850.610.860.740.860.940.840.830.810.80.780.620.80.940.630.860.770.66
0.95-0.680.930.920.790.650.750.830.870.840.980.980.940.840.530.880.970.950.920.950.940.840.840.970.87
0.38-0.870.50.360.460.940.920.550.160.570.390.540.620.830.530.690.520.370.320.410.620.250.570.420.29
0.85-0.890.920.820.530.840.920.780.680.790.780.920.850.810.880.690.920.830.720.860.850.810.80.840.76
0.95-0.680.990.910.640.650.770.880.90.880.940.970.90.80.970.520.920.940.90.950.90.90.890.980.93
1.0-0.610.90.990.760.540.640.870.930.870.930.980.940.780.950.370.830.940.831.00.940.930.870.960.91
0.82-0.40.870.770.640.380.550.690.870.690.970.830.740.620.920.320.720.90.830.80.740.730.70.930.86
1.0-0.670.911.00.730.60.680.880.910.880.910.980.950.80.950.410.860.951.00.80.950.940.880.950.9
0.94-0.770.840.940.850.740.780.890.80.90.870.971.00.940.940.620.850.90.940.740.950.820.90.90.81
0.95-0.550.920.940.480.460.570.870.920.870.80.890.820.630.840.250.810.90.930.730.940.820.880.90.94
0.89-0.660.90.880.590.650.741.00.851.00.770.870.90.860.840.570.80.890.870.70.880.90.880.890.91
0.96-0.570.960.930.70.540.670.890.950.890.970.950.90.770.970.420.840.980.960.930.950.90.90.890.96
0.92-0.450.950.890.520.410.560.910.980.910.870.870.810.660.870.290.760.930.910.860.90.810.940.910.96
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Ningbo Fangzheng Account Relationship Matchups

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Other Information on Investing in Ningbo Stock

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