Fujian Non Current Assets Total vs Net Receivables Analysis

600753 Stock   7.29  0.03  0.41%   
Fujian Oriental financial indicator trend analysis is much more than just examining Fujian Oriental Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Oriental Silver is a good investment. Please check the relationship between Fujian Oriental Non Current Assets Total and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Oriental Silver. 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.

Non Current Assets Total vs Net Receivables

Non Current Assets Total vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Oriental Silver Non Current Assets Total account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fujian Oriental's Non Current Assets Total and Net Receivables is 0.64. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Fujian Oriental Silver, assuming nothing else is changed. The correlation between historical values of Fujian Oriental's Non Current Assets Total and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Fujian Oriental Silver are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Current Assets Total i.e., Fujian Oriental's Non Current Assets Total and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Net Receivables

Most indicators from Fujian Oriental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Oriental Silver 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 Oriental Silver. 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 26.5 M, whereas Tax Provision is forecasted to decline to about 456.9 K.
 2021 2023 2024 (projected)
Other Operating Expenses3.9M4.5M4.7M
Gross Profit23.3M11.9M11.3M

Fujian Oriental fundamental ratios Correlations

0.69-0.40.45-0.14-0.450.360.830.60.660.23-0.210.670.870.740.590.42-0.470.860.630.710.430.890.730.430.87
0.69-0.8-0.140.2-0.58-0.090.190.180.82-0.2-0.110.410.530.90.610.45-0.40.880.860.510.290.690.80.50.84
-0.4-0.80.26-0.410.540.240.00.11-0.540.43-0.04-0.35-0.43-0.65-0.59-0.220.03-0.63-0.83-0.48-0.41-0.5-0.59-0.31-0.55
0.45-0.140.26-0.42-0.030.620.760.760.10.62-0.19-0.030.310.11-0.10.19-0.010.15-0.040.10.10.140.070.260.13
-0.140.2-0.41-0.42-0.67-0.23-0.27-0.3-0.12-0.250.140.10.0-0.080.18-0.170.19-0.10.180.070.080.01-0.09-0.18-0.07
-0.45-0.580.54-0.03-0.67-0.32-0.24-0.36-0.27-0.210.15-0.23-0.34-0.42-0.4-0.240.02-0.44-0.58-0.35-0.35-0.41-0.48-0.21-0.44
0.36-0.090.240.62-0.23-0.320.620.69-0.120.860.110.120.12-0.060.2-0.150.180.030.020.220.320.10.08-0.150.04
0.830.190.00.76-0.27-0.240.620.720.290.51-0.110.590.750.330.350.16-0.290.480.230.580.370.630.340.190.48
0.60.180.110.76-0.3-0.360.690.720.410.8-0.430.010.280.42-0.110.51-0.380.390.190.03-0.030.240.340.530.33
0.660.82-0.540.1-0.12-0.27-0.120.290.41-0.04-0.260.240.40.940.20.65-0.710.820.630.18-0.080.480.650.780.68
0.23-0.20.430.62-0.25-0.210.860.510.8-0.040.02-0.09-0.12-0.1-0.16-0.03-0.06-0.12-0.2-0.14-0.17-0.13-0.14-0.02-0.12
-0.21-0.11-0.04-0.190.140.150.11-0.11-0.43-0.260.020.25-0.22-0.40.39-0.890.44-0.37-0.190.180.04-0.2-0.49-0.75-0.37
0.670.41-0.35-0.030.1-0.230.120.590.010.24-0.090.250.790.270.72-0.16-0.240.50.370.870.50.780.33-0.170.51
0.870.53-0.430.310.0-0.340.120.750.280.4-0.12-0.220.790.550.640.29-0.320.760.550.840.610.950.650.250.8
0.740.9-0.650.11-0.08-0.42-0.060.330.420.94-0.1-0.40.270.550.340.73-0.570.940.810.360.180.640.860.80.84
0.590.61-0.59-0.10.18-0.40.20.35-0.110.2-0.160.390.720.640.34-0.250.120.510.630.840.740.740.49-0.250.6
0.420.45-0.220.19-0.17-0.24-0.150.160.510.65-0.03-0.89-0.160.290.73-0.25-0.610.640.44-0.09-0.090.320.670.950.57
-0.47-0.40.03-0.010.190.020.18-0.29-0.38-0.71-0.060.44-0.24-0.32-0.570.12-0.61-0.5-0.120.060.34-0.36-0.35-0.61-0.47
0.860.88-0.630.15-0.1-0.440.030.480.390.82-0.12-0.370.50.760.940.510.64-0.50.80.620.420.840.930.650.94
0.630.86-0.83-0.040.18-0.580.020.230.190.63-0.2-0.190.370.550.810.630.44-0.120.80.550.50.650.810.470.75
0.710.51-0.480.10.07-0.350.220.580.030.18-0.140.180.870.840.360.84-0.090.060.620.550.770.850.55-0.120.65
0.430.29-0.410.10.08-0.350.320.37-0.03-0.08-0.170.040.50.610.180.74-0.090.340.420.50.770.60.56-0.150.44
0.890.69-0.50.140.01-0.410.10.630.240.48-0.13-0.20.780.950.640.740.32-0.360.840.650.850.60.760.250.91
0.730.8-0.590.07-0.09-0.480.080.340.340.65-0.14-0.490.330.650.860.490.67-0.350.930.810.550.560.760.620.9
0.430.5-0.310.26-0.18-0.21-0.150.190.530.78-0.02-0.75-0.170.250.8-0.250.95-0.610.650.47-0.12-0.150.250.620.51
0.870.84-0.550.13-0.07-0.440.040.480.330.68-0.12-0.370.510.80.840.60.57-0.470.940.750.650.440.910.90.51
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Fujian Oriental Account Relationship Matchups

Fujian Oriental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets449.0M592.8M476.6M400.4M460.5M366.4M
Total Stockholder Equity201.9M223.2M268.7M286.5M235.6M159.9M
Accounts Payable69.4M48.2M21.9M26.2M76.2M40.9M
Cash67.0M102.6M60.1M60.6M38.5M48.4M
Other Assets8.3M8.9M8.9M26.8M30.8M29.3M
Total Liab216.8M335.7M171.0M79.5M224.9M139.5M
Intangible Assets1.1M1.5M1.4M1.3M3.7M2.6M
Property Plant Equipment563.5K1.2M1.6M7.9M7.1M6.8M
Other Current Liab62.6M204.5M135.1M6.2M4.2M3.9M
Total Current Liabilities216.8M335.7M165.8M78.6M163.7M155.8M
Net Tangible Assets182.4M200.8M221.6M267.2M307.3M215.6M
Retained Earnings(67.6M)(46.2M)(96.3M)(82.3M)(133.7M)(140.4M)
Non Current Assets Total11.1M12.0M64.9M58.6M160.5M168.6M
Non Currrent Assets Other8.0M9.0M11.1M678.8K610.9K580.3K
Net Receivables132.3M164.4M187.5M139.2M184.6M121.6M
Other Current Assets183.2M210.4M134.3M653.7K6.4M6.1M
Total Current Assets437.9M580.8M411.7M341.8M300.0M372.6M
Net Invested Capital276.9M296.3M274.7M288.5M250.5M272.0M
Net Working Capital221.1M245.2M245.9M263.1M136.2M226.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Fujian Stock

Balance Sheet is a snapshot of the financial position of Fujian Oriental Silver at a specified time, usually calculated after every quarter, six months, or one year. Fujian Oriental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Oriental 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.