Xian Net Receivables vs Selling General Administrative Analysis

000516 Stock   5.67  0.27  4.55%   
Xian International financial indicator trend analysis is more than just analyzing Xian International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xian International is a good investment. Please check the relationship between Xian International Net Receivables and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xian International Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Selling General Administrative

Net Receivables vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xian International Net Receivables account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xian International's Net Receivables and Selling General Administrative is -0.2. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Xian International Medical, assuming nothing else is changed. The correlation between historical values of Xian International's Net Receivables and Selling General Administrative 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 Receivables of Xian International Medical are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Receivables i.e., Xian International's Net Receivables and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Selling General Administrative

Most indicators from Xian International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xian International 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 Xian International Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 208.2 M, whereas Tax Provision is forecasted to decline to about 4.5 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.6B3.6B4.9B3.5B
Research Development12.8M15.5M9.8M7.5M

Xian International fundamental ratios Correlations

0.950.060.810.840.970.850.40.950.050.990.750.490.210.710.730.060.240.940.580.410.950.890.690.670.94
0.95-0.020.830.650.990.950.20.99-0.160.970.640.50.010.740.7-0.170.140.980.360.470.860.760.80.660.98
0.06-0.020.43-0.14-0.02-0.04-0.270.00.08-0.03-0.190.230.04-0.180.1-0.110.090.160.460.180.01-0.02-0.340.65-0.06
0.810.830.430.420.790.75-0.140.860.00.770.280.720.080.390.73-0.270.280.910.520.750.760.660.660.840.74
0.840.65-0.140.420.720.490.760.660.340.790.850.240.470.580.550.440.310.610.670.120.870.880.420.350.68
0.970.99-0.020.790.720.950.310.98-0.150.990.730.470.020.760.69-0.070.10.970.390.390.880.80.760.640.99
0.850.95-0.040.750.490.950.110.95-0.440.910.60.47-0.280.720.54-0.19-0.030.930.140.350.720.610.740.640.96
0.40.2-0.27-0.140.760.310.110.190.250.380.82-0.340.380.560.10.58-0.110.120.39-0.440.380.46-0.07-0.080.31
0.950.990.00.860.660.980.950.19-0.160.970.630.57-0.010.70.7-0.110.150.980.380.510.880.790.80.680.96
0.05-0.160.080.00.34-0.15-0.440.25-0.16-0.09-0.04-0.080.97-0.140.350.110.5-0.130.670.230.220.26-0.05-0.16-0.22
0.990.97-0.030.770.790.990.910.380.97-0.090.770.470.080.750.690.020.150.950.440.370.910.850.740.630.98
0.750.64-0.190.280.850.730.60.820.63-0.040.770.070.140.790.420.35-0.110.570.4-0.20.670.710.310.30.73
0.490.50.230.720.240.470.47-0.340.57-0.080.470.07-0.1-0.060.51-0.140.350.570.220.740.590.550.520.590.39
0.210.010.040.080.470.02-0.280.38-0.010.970.080.14-0.10.090.460.070.450.020.740.230.350.370.05-0.08-0.04
0.710.74-0.180.390.580.760.720.560.7-0.140.750.79-0.060.090.45-0.16-0.240.670.27-0.010.570.480.420.340.8
0.730.70.10.730.550.690.540.10.70.350.690.420.510.460.45-0.310.330.720.590.610.720.690.70.450.63
0.06-0.17-0.11-0.270.44-0.07-0.190.58-0.110.110.020.35-0.140.07-0.16-0.310.22-0.190.21-0.390.120.2-0.28-0.1-0.1
0.240.140.090.280.310.1-0.03-0.110.150.50.15-0.110.350.45-0.240.330.220.170.490.430.410.220.250.20.06
0.940.980.160.910.610.970.930.120.98-0.130.950.570.570.020.670.72-0.190.170.440.540.850.750.750.760.95
0.580.360.460.520.670.390.140.390.380.670.440.40.220.740.270.590.210.490.440.310.650.620.080.560.33
0.410.470.180.750.120.390.35-0.440.510.230.37-0.20.740.23-0.010.61-0.390.430.540.310.510.420.640.440.3
0.950.860.010.760.870.880.720.380.880.220.910.670.590.350.570.720.120.410.850.650.510.930.660.620.83
0.890.76-0.020.660.880.80.610.460.790.260.850.710.550.370.480.690.20.220.750.620.420.930.60.510.74
0.690.8-0.340.660.420.760.74-0.070.8-0.050.740.310.520.050.420.7-0.280.250.750.080.640.660.60.250.73
0.670.660.650.840.350.640.64-0.080.68-0.160.630.30.59-0.080.340.45-0.10.20.760.560.440.620.510.250.62
0.940.98-0.060.740.680.990.960.310.96-0.220.980.730.39-0.040.80.63-0.10.060.950.330.30.830.740.730.62
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Xian International Account Relationship Matchups

Xian International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0B12.1B13.3B13.3B11.3B11.9B
Short Long Term Debt Total3.4B4.6B5.1B4.5B4.7B4.9B
Other Current Liab92.7M292.2K312.0K2.4B323.7K307.5K
Total Current Liabilities1.9B3.1B3.5B5.5B4.1B4.3B
Total Stockholder Equity5.0B5.0B5.3B4.3B3.9B4.1B
Property Plant And Equipment Net7.0B8.5B9.4B8.1B8.1B8.5B
Net Debt2.3B3.6B3.6B3.3B3.7B3.9B
Retained Earnings2.6B2.6B1.8B642.5M274.1M260.4M
Accounts Payable1.3B2.1B2.1B2.0B2.1B2.2B
Cash1.1B1.0B1.5B1.2B944.0M782.4M
Non Current Assets Total8.4B9.8B11.0B9.6B9.4B9.9B
Non Currrent Assets Other779.2M822.5M707.4M444.3M429.1M214.9M
Cash And Short Term Investments1.4B1.6B1.8B1.3B1.1B851.8M
Short Term Investments302.5M517.7M294.9M159.5M136.4M93.2M
Liabilities And Stockholders Equity10.0B12.1B13.3B13.3B11.3B11.9B
Inventory52.7M57.4M84.1M69.2M78.3M49.3M
Other Current Assets12.3M14.5M24.0M20.9M41.1M28.8M
Total Liab5.0B7.1B8.0B9.0B7.5B7.9B
Total Current Assets1.6B2.3B2.3B3.7B1.9B1.2B
Short Term Debt255.8M715.6M645.8M994.0M1.3B1.4B
Intangible Assets605.5M689.6M690.5M775.8M747.0M784.4M
Current Deferred Revenue238.6M372.3M750.7M178.9M697.7M732.6M
Net Receivables167.5M711.1M408.3M2.3B713.0M748.7M
Non Current Liabilities Total3.2B4.0B4.5B3.5B3.4B3.6B
Other Liab2.4M13.7M44.3M40.9M47.1M49.4M
Long Term Debt3.2B3.9B4.5B3.5B3.4B3.5B
Property Plant Equipment7.0B8.5B9.4B8.1B9.4B9.8B
Net Tangible Assets5.2B4.4B4.3B4.6B5.3B4.3B
Deferred Long Term Liab21.6M23.6M46.0M57.0M65.5M68.8M
Short Long Term Debt199.8M410.3M225.8M549.1M604.5M461.9M
Non Current Liabilities Other2.3M5.5M8.5M4.5M7.6M4.2M
Net Invested Capital8.3B9.3B10.0B8.3B7.9B8.6B
Net Working Capital(245.4M)(803.5M)(1.2B)(1.8B)(2.2B)(2.1B)

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Other Information on Investing in Xian Stock

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