Fujian Short Term Investments vs Deferred Long Term Liab Analysis

002474 Stock   6.68  0.15  2.30%   
Fujian Rongji financial indicator trend analysis is much more than just examining Fujian Rongji Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Rongji Software is a good investment. Please check the relationship between Fujian Rongji Short Term Investments and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Rongji Software. 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.

Short Term Investments vs Deferred Long Term Liab

Short Term Investments vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Rongji Software Short Term Investments account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.
The correlation between Fujian Rongji's Short Term Investments and Deferred Long Term Liab is -0.78. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Fujian Rongji Software, assuming nothing else is changed. The correlation between historical values of Fujian Rongji's Short Term Investments and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Fujian Rongji Software are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Short Term Investments i.e., Fujian Rongji's Short Term Investments and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of Fujian Rongji balance sheet. It contains any investments Fujian Rongji Software undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Fujian Rongji Software can easily liquidate in the marketplace.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Fujian Rongji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Rongji Software 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 Rongji Software. 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.
As of November 30, 2024, Selling General Administrative is expected to decline to about 104.3 M. The current year's Tax Provision is expected to grow to about (18.7 M)
 2021 2022 2023 2024 (projected)
Gross Profit264.4M216.6M106.2M184.3M
Research Development92.7M85.1M86.5M88.1M

Fujian Rongji fundamental ratios Correlations

0.560.920.870.940.91-0.210.380.850.920.010.930.80.850.780.8-0.420.590.540.780.610.70.07-0.07-0.310.39
0.560.520.480.620.55-0.06-0.450.710.570.050.520.450.520.430.10.26-0.26-0.250.120.81-0.050.020.56-0.48-0.47
0.920.520.620.820.97-0.460.380.850.97-0.071.00.770.810.860.84-0.40.650.580.890.70.760.04-0.09-0.410.42
0.870.480.620.880.630.160.280.640.660.130.630.650.70.510.57-0.320.380.370.480.350.470.07-0.03-0.150.27
0.940.620.820.880.85-0.170.280.850.860.010.820.780.80.730.71-0.420.430.450.590.540.620.20.06-0.190.3
0.910.550.970.630.85-0.440.310.820.98-0.060.980.760.80.860.81-0.430.590.520.80.730.710.22-0.04-0.320.37
-0.21-0.06-0.460.16-0.17-0.44-0.35-0.38-0.39-0.1-0.46-0.46-0.45-0.27-0.440.16-0.37-0.34-0.47-0.2-0.410.120.170.23-0.32
0.38-0.450.380.280.280.31-0.350.210.32-0.030.390.360.360.190.76-0.710.850.890.66-0.330.77-0.19-0.790.10.98
0.850.710.850.640.850.82-0.380.210.870.030.860.720.760.740.69-0.320.40.440.660.650.59-0.190.04-0.410.2
0.920.570.970.660.860.98-0.390.320.87-0.10.970.770.820.860.83-0.50.60.560.80.70.720.14-0.05-0.280.38
0.010.05-0.070.130.01-0.06-0.1-0.030.03-0.1-0.08-0.15-0.04-0.11-0.130.14-0.11-0.16-0.02-0.05-0.15-0.220.0-0.34-0.09
0.930.521.00.630.820.98-0.460.390.860.97-0.080.780.820.850.84-0.420.660.590.880.690.770.06-0.09-0.390.43
0.80.450.770.650.780.76-0.460.360.720.77-0.150.780.970.540.72-0.350.490.430.620.440.54-0.01-0.08-0.260.33
0.850.520.810.70.80.8-0.450.360.760.82-0.040.820.970.530.72-0.350.490.410.640.470.52-0.03-0.07-0.290.31
0.780.430.860.510.730.86-0.270.190.740.86-0.110.850.540.530.71-0.440.550.540.740.680.720.22-0.01-0.220.3
0.80.10.840.570.710.81-0.440.760.690.83-0.130.840.720.720.71-0.730.860.880.890.290.9-0.01-0.54-0.120.8
-0.420.26-0.4-0.32-0.42-0.430.16-0.71-0.32-0.50.14-0.42-0.35-0.35-0.44-0.73-0.78-0.83-0.510.18-0.75-0.160.49-0.41-0.78
0.59-0.260.650.380.430.59-0.370.850.40.6-0.110.660.490.490.550.86-0.780.930.870.00.93-0.03-0.560.080.9
0.54-0.250.580.370.450.52-0.340.890.440.56-0.160.590.430.410.540.88-0.830.930.79-0.060.92-0.1-0.680.130.93
0.780.120.890.480.590.8-0.470.660.660.8-0.020.880.620.640.740.89-0.510.870.790.420.87-0.15-0.42-0.380.69
0.610.810.70.350.540.73-0.2-0.330.650.7-0.050.690.440.470.680.290.180.0-0.060.420.150.140.35-0.58-0.27
0.7-0.050.760.470.620.71-0.410.770.590.72-0.150.770.540.520.720.9-0.750.930.920.870.150.07-0.40.030.84
0.070.020.040.070.20.220.12-0.19-0.190.14-0.220.06-0.01-0.030.22-0.01-0.16-0.03-0.1-0.150.140.070.360.46-0.04
-0.070.56-0.09-0.030.06-0.040.17-0.790.04-0.050.0-0.09-0.08-0.07-0.01-0.540.49-0.56-0.68-0.420.35-0.40.36-0.03-0.76
-0.31-0.48-0.41-0.15-0.19-0.320.230.1-0.41-0.28-0.34-0.39-0.26-0.29-0.22-0.12-0.410.080.13-0.38-0.580.030.46-0.030.17
0.39-0.470.420.270.30.37-0.320.980.20.38-0.090.430.330.310.30.8-0.780.90.930.69-0.270.84-0.04-0.760.17
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Fujian Rongji Account Relationship Matchups

Fujian Rongji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B2.9B2.9B2.7B2.7B2.0B
Other Current Liab319.6M201.4M217.9M149.4M10.6M10.1M
Total Current Liabilities1.1B1.2B1.2B985.4M1.1B632.0M
Total Stockholder Equity1.5B1.6B1.6B1.6B1.5B1.3B
Retained Earnings500.0M549.6M570.2M577.3M352.9M371.3M
Accounts Payable274.5M395.6M357.0M273.4M263.4M179.7M
Cash364.5M469.5M312.1M235.1M224.0M346.8M
Other Assets102.2M159.9M163.3M626.8M720.8M756.9M
Net Receivables272.7M158.7M256.4M215.8M150.0M151.9M
Inventory917.4M1.1B1.2B831.3M819.7M540.6M
Other Current Assets36.4M46.2M43.4M66.5M134.3M115.6M
Total Liab1.2B1.3B1.3B1.1B1.2B687.1M
Intangible Assets182.7M181.1M188.4M190.3M203.3M128.1M
Property Plant Equipment348.4M413.3M457.0M179.5M206.5M149.8M
Other Liab81.1M101.4M110.8M106.7M122.7M128.8M
Short Term Investments320.8M86.7M27.7M25.8M828K786.6K
Net Tangible Assets1.4B1.4B1.5B1.5B1.7B1.5B
Other Stockholder Equity46.0M40.1M48.2M67.0M77.0M80.9M
Total Current Assets1.9B1.9B1.8B1.4B1.5B1.4B
Non Current Assets Total846.8M940.8M1.1B1.3B1.2B959.7M
Non Currrent Assets Other227.6K25.6M14.8M13.3M4.4M4.2M
Non Current Liabilities Total81.1M101.4M117.4M110.1M99.5M99.1M
Deferred Long Term Liab3.4M38.2M33.6M86.5M99.5M104.5M
Short Long Term Debt501.6M570.5M569.5M543.6M623.5M529.1M
Net Debt137.1M101.0M257.4M308.5M399.5M250.2M
Net Invested Capital2.0B2.2B2.2B2.2B2.1B2.3B
Net Working Capital782.4M751.2M616.3M461.8M373.5M548.3M

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Other Information on Investing in Fujian Stock

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