Xiamen Research Development vs Net Income From Continuing Ops Analysis
600153 Stock | 10.06 0.12 1.18% |
Xiamen CD financial indicator trend analysis is more than just analyzing Xiamen CD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen CD is a good investment. Please check the relationship between Xiamen CD Research Development and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen CD. 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.
Research Development vs Net Income From Continuing Ops
Research Development vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen CD Research Development account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xiamen CD's Research Development and Net Income From Continuing Ops is 0.81. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Xiamen CD, assuming nothing else is changed. The correlation between historical values of Xiamen CD's Research Development and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Xiamen CD are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Research Development i.e., Xiamen CD's Research Development and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Research Development
Net Income From Continuing Ops
Most indicators from Xiamen CD's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen CD 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 Xiamen CD. 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 13.6 B, whereas Tax Provision is forecasted to decline to about 3.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 15.9B | 19.6B | 18.2B | 19.2B | Total Revenue | 707.8B | 832.8B | 763.7B | 801.9B |
Xiamen CD fundamental ratios Correlations
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Xiamen CD Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Xiamen CD fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 295.4B | 387.2B | 602.5B | 664.8B | 820.9B | 861.9B | |
Other Current Liab | 120.3B | 160.7B | 286.3B | 310.0B | 25.2B | 24.0B | |
Total Current Liabilities | 166.2B | 212.6B | 356.2B | 392.0B | 457.0B | 479.9B | |
Total Stockholder Equity | 30.9B | 38.4B | 50.8B | 58.5B | 69.5B | 73.0B | |
Other Liab | 8.0B | 6.7B | 16.7B | 19.6B | 22.6B | 23.7B | |
Retained Earnings | 26.9B | 30.1B | 34.7B | 37.0B | 47.3B | 49.7B | |
Accounts Payable | 20.7B | 23.7B | 31.9B | 66.1B | 93.1B | 97.7B | |
Cash | 35.3B | 53.8B | 90.3B | 96.5B | 98.3B | 103.3B | |
Other Assets | 19.4B | 23.3B | 28.2B | 29.0B | 33.4B | 35.0B | |
Long Term Debt | 58.9B | 71.8B | 89.1B | 89.8B | 104.6B | 109.8B | |
Net Receivables | 34.9B | 4.6B | 8.2B | 13.2B | 20.9B | 22.0B | |
Inventory | 173.3B | 222.1B | 346.8B | 361.5B | 370.2B | 388.7B | |
Other Current Assets | 21.8B | 30.5B | 37.8B | 20.7B | 25.3B | 26.6B | |
Total Liab | 229.3B | 301.1B | 465.5B | 499.4B | 596.2B | 626.0B | |
Intangible Assets | 709.2M | 830.3M | 880.4M | 1.1B | 1.8B | 1.8B | |
Property Plant Equipment | 2.1B | 2.2B | 2.7B | 3.8B | 4.4B | 4.6B | |
Short Term Investments | 670.9M | 367.2M | 697.4M | 1.9B | 2.8B | 3.0B | |
Good Will | 208.3M | 205.4M | 853.6M | 896.5M | 1.0B | 1.1B | |
Net Tangible Assets | 31.8B | 37.4B | 49.1B | 56.5B | 65.0B | 36.3B | |
Other Stockholder Equity | (30.4M) | 409.9M | 2.6B | 10.2B | 11.7B | 12.3B | |
Deferred Long Term Liab | 451.4M | 400.5M | 770.2M | 978.3M | 1.1B | 593.4M | |
Short Long Term Debt | 4.0B | 1.7B | 9.0B | 9.1B | 9.6B | 6.2B | |
Total Current Assets | 268.2B | 348.5B | 550.7B | 599.2B | 629.8B | 358.5B | |
Non Current Assets Total | 27.2B | 38.6B | 51.8B | 65.5B | 191.1B | 200.6B | |
Non Currrent Assets Other | 1.3B | 2.6B | 1.1B | 1.3B | 5.6B | 5.9B | |
Non Current Liabilities Total | 63.1B | 88.5B | 109.3B | 107.4B | 139.2B | 87.5B | |
Non Current Liabilities Other | 3.1B | 10.2B | 16.5B | 12.8B | 14.4B | 8.7B | |
Net Debt | 25.7B | 19.7B | 7.9B | 2.4B | 15.9B | 14.8B | |
Net Invested Capital | 92.0B | 111.9B | 149.0B | 157.4B | 183.7B | 132.5B | |
Net Working Capital | 102.0B | 136.0B | 194.4B | 207.2B | 172.8B | 151.0B |
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Other Information on Investing in Xiamen Stock
Balance Sheet is a snapshot of the financial position of Xiamen CD at a specified time, usually calculated after every quarter, six months, or one year. Xiamen CD Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen CD 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 Xiamen currently owns. An asset can also be divided into two categories, current and non-current.