Longxing Investments vs Begin Period Cash Flow Analysis

002442 Stock   5.65  0.05  0.88%   
Longxing Chemical financial indicator trend analysis is infinitely more than just investigating Longxing Chemical Stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Longxing Chemical Stock is a good investment. Please check the relationship between Longxing Chemical Investments and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Longxing Chemical Stock. 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.

Investments vs Begin Period Cash Flow

Investments vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Longxing Chemical Stock Investments account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Longxing Chemical's Investments and Begin Period Cash Flow is -0.52. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Longxing Chemical Stock, assuming nothing else is changed. The correlation between historical values of Longxing Chemical's Investments and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Longxing Chemical Stock are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Investments i.e., Longxing Chemical's Investments and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Longxing Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Longxing Chemical Stock 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 Longxing Chemical Stock. 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 125 M, whereas Tax Provision is forecasted to decline to about 13.4 M.
 2021 2022 2023 2024 (projected)
Operating Income283.2M163.7M196.8M149.6M
Total Revenue3.4B4.6B4.3B2.9B

Longxing Chemical fundamental ratios Correlations

0.030.830.64-0.160.60.61-0.020.520.60.80.71-0.050.920.670.840.18-0.510.62-0.190.460.590.6-0.110.690.45
0.030.12-0.010.10.080.38-0.1-0.13-0.310.30.2-0.190.05-0.060.080.190.1-0.04-0.080.03-0.27-0.21-0.240.03-0.18
0.830.120.120.340.110.6-0.040.650.20.680.49-0.050.970.50.790.62-0.20.110.030.240.20.140.090.25-0.01
0.64-0.010.12-0.790.980.41-0.08-0.060.730.550.67-0.220.290.580.49-0.51-0.70.99-0.580.490.740.87-0.510.920.89
-0.160.10.34-0.79-0.76-0.15-0.020.44-0.65-0.16-0.370.260.2-0.25-0.080.750.69-0.80.7-0.31-0.63-0.730.65-0.71-0.79
0.60.080.110.98-0.760.49-0.13-0.110.610.550.7-0.270.260.550.49-0.47-0.620.96-0.620.460.620.79-0.580.890.9
0.610.380.60.41-0.150.49-0.090.010.130.810.62-0.450.570.530.580.15-0.430.4-0.490.330.180.28-0.510.570.4
-0.02-0.1-0.04-0.08-0.02-0.13-0.090.20.09-0.17-0.320.140.03-0.33-0.3-0.170.08-0.090.390.05-0.04-0.20.24-0.09-0.03
0.52-0.130.65-0.060.44-0.110.010.20.140.160.260.350.680.140.320.430.21-0.080.380.320.060.020.5-0.05-0.21
0.6-0.310.20.73-0.650.610.130.090.140.320.41-0.040.370.620.37-0.46-0.820.75-0.420.370.940.87-0.280.70.6
0.80.30.680.55-0.160.550.81-0.170.160.320.72-0.20.720.570.650.07-0.50.53-0.320.440.460.53-0.240.730.32
0.710.20.490.67-0.370.70.62-0.320.260.410.720.070.550.390.57-0.01-0.340.6-0.530.590.380.62-0.310.680.43
-0.05-0.19-0.05-0.220.26-0.27-0.450.140.35-0.04-0.20.070.0-0.48-0.250.160.47-0.320.430.1-0.15-0.130.58-0.33-0.43
0.920.050.970.290.20.260.570.030.680.370.720.550.00.550.80.48-0.290.270.040.320.350.30.10.390.12
0.67-0.060.50.58-0.250.550.53-0.330.140.620.570.39-0.480.550.63-0.11-0.750.64-0.460.220.710.66-0.420.640.55
0.840.080.790.49-0.080.490.58-0.30.320.370.650.57-0.250.80.630.45-0.430.48-0.290.150.370.38-0.310.470.45
0.180.190.62-0.510.75-0.470.15-0.170.43-0.460.07-0.010.160.48-0.110.450.45-0.550.35-0.29-0.5-0.550.26-0.51-0.48
-0.510.1-0.2-0.70.69-0.62-0.430.080.21-0.82-0.5-0.340.47-0.29-0.75-0.430.45-0.750.66-0.24-0.88-0.80.61-0.77-0.66
0.62-0.040.110.99-0.80.960.4-0.09-0.080.750.530.6-0.320.270.640.48-0.55-0.75-0.580.460.780.88-0.520.930.9
-0.19-0.080.03-0.580.7-0.62-0.490.390.38-0.42-0.32-0.530.430.04-0.46-0.290.350.66-0.58-0.21-0.42-0.610.88-0.56-0.62
0.460.030.240.49-0.310.460.330.050.320.370.440.590.10.320.220.15-0.29-0.240.46-0.210.40.50.050.610.3
0.59-0.270.20.74-0.630.620.18-0.040.060.940.460.38-0.150.350.710.37-0.5-0.880.78-0.420.40.92-0.290.780.59
0.6-0.210.140.87-0.730.790.28-0.20.020.870.530.62-0.130.30.660.38-0.55-0.80.88-0.610.50.92-0.40.870.69
-0.11-0.240.09-0.510.65-0.58-0.510.240.5-0.28-0.24-0.310.580.1-0.42-0.310.260.61-0.520.880.05-0.29-0.4-0.44-0.66
0.690.030.250.92-0.710.890.57-0.09-0.050.70.730.68-0.330.390.640.47-0.51-0.770.93-0.560.610.780.87-0.440.77
0.45-0.18-0.010.89-0.790.90.4-0.03-0.210.60.320.43-0.430.120.550.45-0.48-0.660.9-0.620.30.590.69-0.660.77
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Longxing Chemical Account Relationship Matchups

Longxing Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.5B2.8B3.4B3.8B3.1B
Other Current Liab22.3M42.8M56.7M64.9M2.8M2.7M
Total Current Liabilities1.4B1.2B1.2B1.6B1.7B1.6B
Total Stockholder Equity1.2B1.3B1.5B1.6B1.7B1.4B
Other Liab15.8M10.3M6.8M6.6M5.9M5.6M
Retained Earnings344.8M422.3M593.9M648.5M672.5M366.6M
Accounts Payable643.1M383.6M476.6M721.3M445.8M471.6M
Cash395.4M308.4M154.7M272.9M402.0M251.9M
Other Assets37.2M25.3M15.0M127.0M114.3M63.7M
Long Term Debt31.1M40.7M119.3M176.4M374.6M393.3M
Net Receivables711.8M519.4M795.6M944.6M900.4M805.3M
Inventory288.1M312.4M510.1M666.2M417.0M407.6M
Other Current Assets31.4M25.0M47.1M60.2M43.5M42.2M
Total Liab1.4B1.2B1.3B1.8B2.1B1.7B
Intangible Assets98.7M97.3M115.5M114.7M203.2M213.4M
Property Plant Equipment1.1B985.2M887.9M828.7M745.8M841.8M
Net Tangible Assets1.1B1.2B1.4B1.5B1.7B1.3B
Non Current Assets Total1.2B1.1B1.0B1.1B1.4B981.2M
Non Currrent Assets Other25.2M22.5M5.4M113.3M51.4M42.3M
Non Current Liabilities Total53.2M10.3M126.1M183.0M408.9M429.4M
Other Stockholder Equity686.4K671.7K9.4M11.4M13.1M13.8M
Short Long Term Debt500.5M548.7M464.9M705.8M833.0M539.4M
Total Current Assets1.4B1.4B1.8B2.3B2.4B1.9B
Net Debt142.5M240.3M429.6M609.4M805.6M481.4M
Net Invested Capital1.8B1.9B2.1B2.5B2.9B2.4B
Net Working Capital54.6M217.1M614.7M701.5M730.3M766.8M

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Other Information on Investing in Longxing Stock

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