Jiangxi Net Income vs Capital Expenditures Analysis

600363 Stock

46.67 0.91 1.99%

Jiangxi Lianchuang financial indicator trend analysis is infinitely more than just investigating Jiangxi Lianchuang Opto recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Lianchuang Opto is a good investment. Please check the relationship between Jiangxi Lianchuang Net Income and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Lianchuang Opto electronic. 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.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Lianchuang Opto Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Jiangxi Lianchuang's Net Income and Capital Expenditures is 0.51. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Jiangxi Lianchuang Opto electronic, assuming nothing else is changed. The correlation between historical values of Jiangxi Lianchuang's Net Income 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 Net Income of Jiangxi Lianchuang Opto electronic 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 Net Income i.e., Jiangxi Lianchuang's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.51

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jiangxi Lianchuang Opto financial statement analysis. It represents the amount of money remaining after all of Jiangxi Lianchuang Opto electronic operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Jiangxi Lianchuang Opto to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Jiangxi Lianchuang operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Jiangxi Lianchuang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Lianchuang Opto 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 Jiangxi Lianchuang Opto electronic. 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 133.7 M, whereas Tax Provision is forecasted to decline to about 4.4 M.

	2021	2022	2023	2024 (projected)
Income Before Tax	286.5M	320.6M	413.2M	433.9M
Cost Of Revenue	3.1B	2.8B	2.7B	1.8B

Income Before Tax Cost Of Revenue

Jiangxi Lianchuang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.12	0.95	0.99	0.88	1.0	0.78	0.91	0.98	0.52	0.4	0.81	0.22	0.84	0.9	0.59	0.79	-0.8	0.86	-0.19	0.84	0.88	0.91	0.86	0.67	0.75
Other Current Liab	0.12		0.13	0.09	0.19	0.11	0.32	0.08	0.05	0.34	0.07	0.43	0.27	0.34	0.31	0.28	0.14	-0.05	0.09	-0.41	0.09	0.11	0.17	0.14	0.21	0.35
Total Current Liabilities	0.95	0.13		0.89	0.77	0.93	0.9	0.77	0.95	0.35	0.61	0.85	0.47	0.9	0.79	0.56	0.64	-0.84	0.76	-0.04	0.89	0.9	0.94	0.72	0.69	0.59
Total Stockholder Equity	0.99	0.09	0.89		0.86	0.98	0.69	0.94	0.96	0.52	0.32	0.76	0.1	0.77	0.89	0.64	0.83	-0.75	0.86	-0.22	0.79	0.83	0.84	0.86	0.62	0.76
Other Liab	0.88	0.19	0.77	0.86		0.9	0.56	0.94	0.81	0.65	-0.01	0.62	0.0	0.7	0.95	0.33	0.77	-0.59	0.87	-0.41	0.66	0.78	0.85	0.91	0.52	0.87
Retained Earnings	1.0	0.11	0.93	0.98	0.9		0.75	0.93	0.98	0.58	0.34	0.8	0.17	0.83	0.92	0.54	0.81	-0.79	0.89	-0.23	0.84	0.89	0.91	0.89	0.68	0.8
Accounts Payable	0.78	0.32	0.9	0.69	0.56	0.75		0.51	0.8	0.31	0.75	0.94	0.63	0.97	0.64	0.58	0.59	-0.82	0.67	-0.01	0.85	0.87	0.85	0.59	0.65	0.48
Cash	0.91	0.08	0.77	0.94	0.94	0.93	0.51		0.85	0.59	0.02	0.59	-0.07	0.65	0.9	0.47	0.82	-0.6	0.87	-0.25	0.64	0.76	0.81	0.9	0.5	0.82
Other Assets	0.98	0.05	0.95	0.96	0.81	0.98	0.8	0.85		0.47	0.49	0.81	0.24	0.84	0.86	0.57	0.75	-0.87	0.83	-0.15	0.89	0.88	0.88	0.81	0.7	0.68
Long Term Debt	0.52	0.34	0.35	0.52	0.65	0.58	0.31	0.59	0.47		-0.24	0.5	-0.16	0.51	0.76	0.04	0.66	-0.39	0.69	-0.38	0.32	0.47	0.5	0.77	0.5	0.91
Net Receivables	0.4	0.07	0.61	0.32	-0.01	0.34	0.75	0.02	0.49	-0.24		0.61	0.75	0.57	0.09	0.48	0.05	-0.63	0.11	0.31	0.61	0.45	0.41	0.01	0.45	-0.14
Inventory	0.81	0.43	0.85	0.76	0.62	0.8	0.94	0.59	0.81	0.5	0.61		0.41	0.95	0.74	0.65	0.7	-0.81	0.72	-0.21	0.83	0.84	0.8	0.67	0.61	0.65
Other Current Assets	0.22	0.27	0.47	0.1	0.0	0.17	0.63	-0.07	0.24	-0.16	0.75	0.41		0.49	0.05	0.19	-0.07	-0.29	0.05	0.44	0.34	0.34	0.42	-0.01	0.55	-0.1
Total Liab	0.84	0.34	0.9	0.77	0.7	0.83	0.97	0.65	0.84	0.51	0.57	0.95	0.49		0.78	0.58	0.75	-0.82	0.81	-0.09	0.82	0.92	0.9	0.75	0.67	0.67
Intangible Assets	0.9	0.31	0.79	0.89	0.95	0.92	0.64	0.9	0.86	0.76	0.09	0.74	0.05	0.78		0.41	0.81	-0.67	0.87	-0.43	0.69	0.78	0.84	0.92	0.62	0.92
Common Stock	0.59	0.28	0.56	0.64	0.33	0.54	0.58	0.47	0.57	0.04	0.48	0.65	0.19	0.58	0.41		0.63	-0.49	0.42	-0.04	0.42	0.45	0.4	0.37	0.25	0.3
Property Plant Equipment	0.79	0.14	0.64	0.83	0.77	0.81	0.59	0.82	0.75	0.66	0.05	0.7	-0.07	0.75	0.81	0.63		-0.57	0.93	-0.26	0.57	0.77	0.72	0.92	0.49	0.84
Good Will	-0.8	-0.05	-0.84	-0.75	-0.59	-0.79	-0.82	-0.6	-0.87	-0.39	-0.63	-0.81	-0.29	-0.82	-0.67	-0.49	-0.57		-0.65	0.07	-0.85	-0.78	-0.73	-0.59	-0.53	-0.5
Net Tangible Assets	0.86	0.09	0.76	0.86	0.87	0.89	0.67	0.87	0.83	0.69	0.11	0.72	0.05	0.81	0.87	0.42	0.93	-0.65		-0.24	0.73	0.91	0.88	0.98	0.63	0.87
Other Stockholder Equity	-0.19	-0.41	-0.04	-0.22	-0.41	-0.23	-0.01	-0.25	-0.15	-0.38	0.31	-0.21	0.44	-0.09	-0.43	-0.04	-0.26	0.07	-0.24		-0.16	-0.12	-0.11	-0.3	0.07	-0.43
Deferred Long Term Liab	0.84	0.09	0.89	0.79	0.66	0.84	0.85	0.64	0.89	0.32	0.61	0.83	0.34	0.82	0.69	0.42	0.57	-0.85	0.73	-0.16		0.9	0.85	0.67	0.63	0.53
Long Term Investments	0.88	0.11	0.9	0.83	0.78	0.89	0.87	0.76	0.88	0.47	0.45	0.84	0.34	0.92	0.78	0.45	0.77	-0.78	0.91	-0.12	0.9		0.96	0.84	0.66	0.68
Total Current Assets	0.91	0.17	0.94	0.84	0.85	0.91	0.85	0.81	0.88	0.5	0.41	0.8	0.42	0.9	0.84	0.4	0.72	-0.73	0.88	-0.11	0.85	0.96		0.85	0.71	0.72
Non Current Assets Total	0.86	0.14	0.72	0.86	0.91	0.89	0.59	0.9	0.81	0.77	0.01	0.67	-0.01	0.75	0.92	0.37	0.92	-0.59	0.98	-0.3	0.67	0.84	0.85		0.64	0.93
Non Currrent Assets Other	0.67	0.21	0.69	0.62	0.52	0.68	0.65	0.5	0.7	0.5	0.45	0.61	0.55	0.67	0.62	0.25	0.49	-0.53	0.63	0.07	0.63	0.66	0.71	0.64		0.57
Non Current Liabilities Total	0.75	0.35	0.59	0.76	0.87	0.8	0.48	0.82	0.68	0.91	-0.14	0.65	-0.1	0.67	0.92	0.3	0.84	-0.5	0.87	-0.43	0.53	0.68	0.72	0.93	0.57

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Jiangxi Lianchuang Account Relationship Matchups

Jiangxi Lianchuang fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.8B	6.3B	6.5B	7.0B	7.6B	7.9B
Other Current Liab	161.8M	295.8M	324.6M	228.2M	20.6M	19.5M
Total Current Liabilities	2.8B	2.7B	2.3B	2.2B	2.6B	2.7B
Total Stockholder Equity	2.6B	2.9B	3.3B	3.7B	4.0B	4.2B
Other Liab	42.5M	167.0M	141.6M	138.0M	158.7M	166.6M
Retained Earnings	1.5B	1.8B	2.0B	2.2B	2.3B	2.4B
Accounts Payable	1.4B	1.3B	1.2B	999.8M	1.2B	612.4M
Cash	598.4M	1.4B	1.2B	1.6B	1.8B	1.9B
Other Assets	171.9M	153.8M	181.1M	186.6M	214.5M	225.3M
Long Term Debt	29.4M	137.6M	270.1M	448.5M	153.9M	106.9M
Net Receivables	1.7B	873.5M	832.1M	593.1M	738.3M	732.1M
Inventory	692.1M	732.0M	844.5M	801.1M	671.8M	458.3M
Other Current Assets	427.3M	215.9M	68.4M	53.4M	25.0M	23.8M
Total Liab	2.8B	3.0B	2.7B	2.8B	3.0B	1.5B
Intangible Assets	57.2M	126.2M	147.7M	146.7M	119.8M	125.8M
Property Plant Equipment	565.5M	707.0M	855.1M	1.0B	1.2B	650.5M
Net Tangible Assets	2.6B	2.8B	3.2B	3.5B	4.1B	2.8B
Other Stockholder Equity	5.3M	1.8M	(2.3M)	2.8M	2.5M	1.8M
Deferred Long Term Liab	52.1M	46.8M	55.5M	46.4M	53.4M	51.8M
Total Current Assets	3.4B	3.6B	3.2B	3.3B	3.7B	3.3B
Non Current Assets Total	2.3B	2.7B	3.3B	3.7B	3.9B	3.0B
Non Currrent Assets Other	38.8M	14.7M	23.0M	30.3M	18.0M	21.7M
Non Current Liabilities Total	57.5M	304.6M	417.2M	588.5M	342.7M	254.6M
Short Long Term Debt	1.1B	1.1B	685.0M	757.4M	882.0M	929.3M
Net Invested Capital	3.7B	4.1B	4.3B	4.9B	5.0B	4.5B
Net Working Capital	657.2M	881.4M	977.8M	1.1B	1.1B	957.1M

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

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Jiangxi Net Income vs Capital Expenditures Analysis

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Net Income

Capital Expenditures

Jiangxi Lianchuang fundamental ratios Correlations

Jiangxi Lianchuang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangxi Lianchuang fundamental ratios Accounts

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Other Information on Investing in Jiangxi Stock

COMMON DESTINATIONS

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COMPANY

Retained Earnings	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Other Assets	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Other Assets	+ 0.98	Retained Earnings
Non Current Assets Total	+ 0.98	Net Tangible Assets

Good Will	- 0.87	Other Assets
Deferred Long Term Liab	- 0.85	Good Will
Good Will	- 0.84	Total Current Liabilities
Good Will	- 0.82	Total Liab
Good Will	- 0.82	Accounts Payable
Good Will	- 0.81	Inventory