Fujian Ebit vs Reconciled Depreciation Analysis

603345 Stock   89.53  3.38  3.92%   
Fujian Anjoy financial indicator trend analysis is much more than just examining Fujian Anjoy Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Anjoy Foods is a good investment. Please check the relationship between Fujian Anjoy Ebit and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Anjoy Foods. 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.

Ebit vs Reconciled Depreciation

Ebit vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Anjoy Foods Ebit account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fujian Anjoy's Ebit and Reconciled Depreciation is 0.91. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Fujian Anjoy Foods, assuming nothing else is changed. The correlation between historical values of Fujian Anjoy's Ebit and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Fujian Anjoy Foods are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Ebit i.e., Fujian Anjoy's Ebit and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebit

Reconciled Depreciation

Most indicators from Fujian Anjoy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Anjoy Foods 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 Anjoy Foods. 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 456.8 M, whereas Selling General Administrative is forecasted to decline to about 636.8 M.
 2021 2022 2023 2024 (projected)
Operating Income781.6M1.3B1.8B1.9B
Total Revenue9.3B12.2B14.0B14.7B

Fujian Anjoy fundamental ratios Correlations

0.520.830.990.990.990.810.970.970.940.950.570.990.340.820.980.780.99-0.250.990.910.890.590.870.710.91
0.520.750.450.560.520.730.430.520.570.40.360.580.360.750.490.660.580.40.410.510.190.520.540.70.53
0.830.750.780.850.840.990.740.840.830.730.620.870.470.990.80.930.870.10.750.910.60.680.910.750.9
0.990.450.780.970.980.760.980.950.930.970.540.970.290.760.980.740.97-0.331.00.90.90.520.860.680.91
0.990.560.850.970.990.840.930.970.940.950.511.00.330.830.980.780.99-0.230.960.920.860.580.880.690.89
0.990.520.840.980.990.840.930.990.930.930.590.990.340.840.970.81.0-0.190.970.910.880.640.860.660.88
0.810.730.990.760.840.840.690.850.820.710.60.860.450.990.790.930.870.130.720.90.580.70.880.680.86
0.970.430.740.980.930.930.690.890.90.960.520.920.270.70.950.690.92-0.390.980.870.880.440.840.70.91
0.970.520.840.950.970.990.850.890.950.90.590.980.370.850.950.780.98-0.170.940.910.840.730.840.640.88
0.940.570.830.930.940.930.820.90.950.940.430.940.260.820.970.720.93-0.310.910.930.720.630.850.650.9
0.950.40.730.970.950.930.710.960.90.940.350.930.220.70.990.660.92-0.50.960.90.830.410.850.630.88
0.570.360.620.540.510.590.60.520.590.430.350.550.330.660.430.740.580.340.540.540.540.660.480.420.61
0.990.580.870.971.00.990.860.920.980.940.930.550.350.850.970.81.0-0.180.960.910.860.620.880.70.89
0.340.360.470.290.330.340.450.270.370.260.220.330.350.510.260.450.360.110.270.330.40.570.440.750.35
0.820.750.990.760.830.840.990.70.850.820.70.660.850.510.780.920.860.150.730.90.590.760.880.740.88
0.980.490.80.980.980.970.790.950.950.970.990.430.970.260.780.730.96-0.380.960.930.830.530.870.650.9
0.780.660.930.740.780.80.930.690.780.720.660.740.80.450.920.730.820.120.710.840.610.610.870.670.83
0.990.580.870.970.991.00.870.920.980.930.920.581.00.360.860.960.82-0.150.950.910.860.640.870.680.88
-0.250.40.1-0.33-0.23-0.190.13-0.39-0.17-0.31-0.50.34-0.180.110.15-0.380.12-0.15-0.35-0.26-0.340.28-0.24-0.05-0.24
0.990.410.751.00.960.970.720.980.940.910.960.540.960.270.730.960.710.95-0.350.890.920.50.840.660.9
0.910.510.910.90.920.910.90.870.910.930.90.540.910.330.90.930.840.91-0.260.890.730.590.950.670.97
0.890.190.60.90.860.880.580.880.840.720.830.540.860.40.590.830.610.86-0.340.920.730.440.730.60.74
0.590.520.680.520.580.640.70.440.730.630.410.660.620.570.760.530.610.640.280.50.590.440.480.510.57
0.870.540.910.860.880.860.880.840.840.850.850.480.880.440.880.870.870.87-0.240.840.950.730.480.750.95
0.710.70.750.680.690.660.680.70.640.650.630.420.70.750.740.650.670.68-0.050.660.670.60.510.750.73
0.910.530.90.910.890.880.860.910.880.90.880.610.890.350.880.90.830.88-0.240.90.970.740.570.950.73
Click cells to compare fundamentals

Fujian Anjoy Account Relationship Matchups

Fujian Anjoy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B7.1B8.8B16.2B17.3B18.2B
Other Current Liab1.0B639.2M771.7M1.1B331.4M553.3M
Total Current Liabilities2.7B2.5B3.2B3.9B4.0B2.1B
Total Stockholder Equity2.7B3.7B5.1B11.7B12.6B13.3B
Other Liab196.0M168.4M331.1M428.1M492.4M517.0M
Retained Earnings1.4B2.0B2.5B3.4B4.2B4.4B
Accounts Payable1.2B1.3B1.7B1.7B1.9B1.0B
Cash755.8M832.1M1.1B5.5B5.0B5.2B
Other Assets89.9M208.5M224.0M272.6M313.5M329.2M
Net Receivables176.2M349.7M541.0M736.8M569.4M597.8M
Inventory1.7B1.7B2.4B3.1B3.6B3.7B
Other Current Assets106.3M154.7M180.0M212.7M187.6M139.4M
Total Liab2.9B3.4B3.6B4.3B4.4B2.4B
Intangible Assets149.5M202.3M500.1M702.9M682.7M716.9M
Common Stock236.4M236.7M244.4M293.3M337.3M213.3M
Property Plant Equipment2.0B2.4B3.2B4.1B4.7B5.0B
Net Tangible Assets2.6B3.5B4.1B10.2B11.7B12.3B
Non Current Assets Total2.4B2.9B4.4B5.9B6.9B3.7B
Non Currrent Assets Other19.2M21.3M21.2M39.8M79.1M83.1M
Non Current Liabilities Total196.0M903.5M477.3M431.8M393.8M411.0M
Deferred Long Term Liab21.3M14.9M28.6M38.6M44.3M24.5M
Short Long Term Debt340.1M207.9M256.3M489.0M325.4M329.3M
Total Current Assets3.3B4.2B4.4B10.3B10.4B5.3B
Common Stock Shares Outstanding230.1M236.7M244.4M293.3M337.3M271.8M
Net Invested Capital3.1B4.6B5.5B12.2B13.0B6.8B
Net Working Capital586.5M1.6B1.2B6.4B6.4B6.7B
Capital Stock236.4M236.7M244.4M293.3M337.3M278.7M

Currently Active Assets on Macroaxis

Other Information on Investing in Fujian Stock

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