Xiandai Other Current Assets vs Non Currrent Assets Other Analysis

000900 Stock   4.62  0.01  0.22%   
Xiandai Investment financial indicator trend analysis is more than just analyzing Xiandai Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiandai Investment is a good investment. Please check the relationship between Xiandai Investment Other Current Assets and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiandai Investment Co. 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.

Other Current Assets vs Non Currrent Assets Other

Other Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiandai Investment Other Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Xiandai Investment's Other Current Assets and Non Currrent Assets Other is 0.15. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Xiandai Investment Co, assuming nothing else is changed. The correlation between historical values of Xiandai Investment's Other Current Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Xiandai Investment Co are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Other Current Assets i.e., Xiandai Investment's Other Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Xiandai Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiandai Investment 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 Xiandai Investment Co. 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 446.6 M, whereas Tax Provision is forecasted to decline to about 177.1 M.
 2021 2022 2023 2024 (projected)
Operating Income1.1B1.7B1.9B929.1M
Total Revenue16.1B16.4B8.5B5.5B

Xiandai Investment fundamental ratios Correlations

0.670.970.790.880.730.260.720.970.020.090.290.91.00.980.69-0.220.980.87-0.90.840.870.940.280.910.9
0.670.780.60.780.650.360.740.550.060.120.290.330.690.660.49-0.20.570.76-0.730.320.710.750.30.650.71
0.970.780.750.910.710.340.730.920.050.150.320.810.980.950.65-0.260.90.91-0.910.750.880.940.280.870.88
0.790.60.750.810.970.390.850.670.250.210.550.670.770.710.940.030.750.79-0.590.490.760.760.470.770.75
0.880.780.910.810.80.290.820.780.060.130.550.680.880.840.76-0.230.810.85-0.780.590.870.870.420.830.9
0.730.650.710.970.80.460.860.570.390.280.680.570.710.640.950.070.670.74-0.50.340.690.670.530.660.7
0.260.360.340.390.290.460.480.230.40.90.480.10.250.110.40.00.150.53-0.02-0.060.190.160.60.110.05
0.720.740.730.850.820.860.480.620.140.280.540.460.710.630.72-0.260.650.83-0.60.390.760.730.580.720.74
0.970.550.920.670.780.570.230.62-0.160.070.110.910.970.960.55-0.30.970.85-0.910.930.850.920.220.920.85
0.020.060.050.250.060.390.40.14-0.160.50.59-0.06-0.01-0.060.40.17-0.08-0.030.26-0.32-0.23-0.190.07-0.25-0.2
0.090.120.150.210.130.280.90.280.070.50.43-0.030.07-0.040.29-0.160.00.370.17-0.160.02-0.030.57-0.06-0.12
0.290.290.320.550.550.680.480.540.110.590.430.180.260.150.690.20.190.290.04-0.140.220.130.540.090.29
0.90.330.810.670.680.570.10.460.91-0.06-0.030.180.890.880.59-0.030.920.67-0.760.880.730.780.150.790.76
1.00.690.980.770.880.710.250.710.97-0.010.070.260.890.990.67-0.250.970.88-0.920.850.880.950.270.920.9
0.980.660.950.710.840.640.110.630.96-0.06-0.040.150.880.990.61-0.310.970.83-0.950.880.870.950.160.920.9
0.690.490.650.940.760.950.40.720.550.40.290.690.590.670.610.090.650.67-0.430.350.640.620.480.620.66
-0.22-0.2-0.260.03-0.230.070.0-0.26-0.30.17-0.160.2-0.03-0.25-0.310.09-0.24-0.350.37-0.32-0.3-0.33-0.04-0.32-0.24
0.980.570.90.750.810.670.150.650.97-0.080.00.190.920.970.970.65-0.240.82-0.890.90.850.910.260.930.89
0.870.760.910.790.850.740.530.830.85-0.030.370.290.670.880.830.67-0.350.82-0.810.650.90.90.530.870.82
-0.9-0.73-0.91-0.59-0.78-0.5-0.02-0.6-0.910.260.170.04-0.76-0.92-0.95-0.430.37-0.89-0.81-0.85-0.87-0.96-0.06-0.93-0.88
0.840.320.750.490.590.34-0.060.390.93-0.32-0.16-0.140.880.850.880.35-0.320.90.65-0.850.70.82-0.020.870.74
0.870.710.880.760.870.690.190.760.85-0.230.020.220.730.880.870.64-0.30.850.9-0.870.70.930.470.920.94
0.940.750.940.760.870.670.160.730.92-0.19-0.030.130.780.950.950.62-0.330.910.9-0.960.820.930.220.980.92
0.280.30.280.470.420.530.60.580.220.070.570.540.150.270.160.48-0.040.260.53-0.06-0.020.470.220.250.39
0.910.650.870.770.830.660.110.720.92-0.25-0.060.090.790.920.920.62-0.320.930.87-0.930.870.920.980.250.92
0.90.710.880.750.90.70.050.740.85-0.2-0.120.290.760.90.90.66-0.240.890.82-0.880.740.940.920.390.92
Click cells to compare fundamentals

Xiandai Investment Account Relationship Matchups

Xiandai Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.5B45.6B57.0B57.9B56.8B59.7B
Other Current Liab7.9B9.3B19.8B13.8B3.2B3.5B
Total Current Liabilities15.2B17.0B27.2B20.4B20.5B21.5B
Total Stockholder Equity10.1B10.9B10.8B11.9B12.3B6.6B
Other Liab204.9M340.3M423.1M331.4M298.3M224.7M
Retained Earnings8.0B8.3B8.7B8.8B7.7B4.0B
Accounts Payable3.6B727.8M966.6M560.6M422.2M423.0M
Cash4.9B5.4B5.4B5.9B3.9B2.3B
Other Assets3.6B4.8B5.8B7.1B8.2B8.6B
Net Receivables1.7B280.3M1.0B414.6M314.2M529.9M
Short Term Investments1.8B418.5M90.2M79.0M199.4M196.1M
Inventory883.8M709.5M674.6M268.1M217.8M274.7M
Other Current Assets1.2B1.7B1.6B1.9B2.8B2.9B
Total Liab24.7B33.9B44.4B44.1B42.6B44.7B
Intangible Assets13.0B23.4B33.2B32.7B32.5B34.1B
Property Plant Equipment2.5B2.3B2.4B1.9B2.1B2.2B
Long Term Debt9.6B17.1B16.8B23.4B21.8B22.9B
Net Tangible Assets(3.2B)(12.9B)(22.7B)(21.1B)(19.0B)(18.0B)
Other Stockholder Equity93.5M593.7M594.3M1.5B1.8B1.9B
Deferred Long Term Liab133.3M264.2M236.9M209.1M240.4M169.2M
Non Current Assets Total24.1B36.2B48.1B48.0B48.3B35.1B
Non Currrent Assets Other1.9B2.7B155.2M557.0M148.1M140.7M
Non Current Liabilities Total9.4B16.9B17.2B23.8B22.1B15.3B
Short Long Term Debt1.9B3.9B3.7B3.7B3.3B3.1B
Total Current Assets11.5B9.4B8.9B9.9B8.5B9.2B
Non Current Liabilities Other(384.0M)(491.2M)25.1M35.4M27.7M29.1M
Net Debt6.6B15.5B15.0B21.3B21.2B14.7B
Net Invested Capital21.6B31.8B31.2B39.1B37.5B31.3B
Net Working Capital(3.8B)(7.6B)(18.3B)(10.4B)(12.0B)(12.6B)

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Other Information on Investing in Xiandai Stock

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