Xizi Other Non Cash Items vs Net Income Analysis

002534 Stock   12.01  0.18  1.52%   
Xizi Clean financial indicator trend analysis is more than just analyzing Xizi Clean Energy current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xizi Clean Energy is a good investment. Please check the relationship between Xizi Clean Other Non Cash Items and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xizi Clean Energy. 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.

Other Non Cash Items vs Net Income

Other Non Cash Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xizi Clean Energy Other Non Cash Items account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xizi Clean's Other Non Cash Items and Net Income is -0.24. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Xizi Clean Energy, assuming nothing else is changed. The correlation between historical values of Xizi Clean's Other Non Cash Items and Net Income 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 Non Cash Items of Xizi Clean Energy are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Non Cash Items i.e., Xizi Clean's Other Non Cash Items and Net Income go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Non Cash Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Xizi Clean Energy financial statement analysis. It represents the amount of money remaining after all of Xizi Clean Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Xizi Clean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xizi Clean Energy 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 Xizi Clean Energy. 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 29, 2024, Selling General Administrative is expected to decline to about 194.4 M. In addition to that, Tax Provision is expected to decline to about 12.5 M
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.1B1.3B1.1B
Research Development402.1M414.3M419.9M279.2M

Xizi Clean fundamental ratios Correlations

-0.080.980.890.460.850.840.820.780.260.9-0.220.990.790.790.830.78-0.310.640.850.780.820.120.730.92-0.67
-0.08-0.10.150.010.3-0.34-0.21-0.40.360.00.5-0.13-0.20.170.16-0.430.38-0.53-0.06-0.370.020.14-0.49-0.18-0.04
0.98-0.10.820.310.80.850.850.780.140.91-0.20.990.720.750.760.8-0.390.670.860.80.80.070.770.94-0.69
0.890.150.820.590.940.690.620.570.410.73-0.010.830.690.860.950.530.040.390.760.540.760.150.460.72-0.59
0.460.010.310.590.580.230.20.30.390.16-0.410.40.80.640.660.190.170.140.450.210.520.40.160.34-0.28
0.850.30.80.940.580.660.680.540.330.7-0.060.80.690.890.910.51-0.020.320.830.550.830.160.420.76-0.69
0.84-0.340.850.690.230.660.960.930.110.78-0.30.840.630.60.620.93-0.490.610.830.950.740.020.710.9-0.72
0.82-0.210.850.620.20.680.960.910.060.78-0.360.840.630.60.580.92-0.60.550.860.960.770.070.690.94-0.79
0.78-0.40.780.570.30.540.930.910.240.73-0.450.80.70.520.50.97-0.510.570.760.980.690.020.70.87-0.57
0.260.360.140.410.390.330.110.060.240.340.080.20.260.210.290.170.25-0.110.040.140.120.09-0.180.090.0
0.90.00.910.730.160.70.780.780.730.34-0.030.90.590.580.60.8-0.340.70.680.750.680.090.70.85-0.62
-0.220.5-0.2-0.01-0.41-0.06-0.3-0.36-0.450.08-0.03-0.26-0.52-0.17-0.15-0.410.54-0.35-0.31-0.41-0.2-0.21-0.44-0.350.08
0.99-0.130.990.830.40.80.840.840.80.20.9-0.260.790.750.770.82-0.390.690.860.810.810.110.780.95-0.67
0.79-0.20.720.690.80.690.630.630.70.260.59-0.520.790.740.670.66-0.230.540.750.660.770.270.590.78-0.54
0.790.170.750.860.640.890.60.60.520.210.58-0.170.750.740.860.460.110.330.880.510.930.330.380.73-0.63
0.830.160.760.950.660.910.620.580.50.290.6-0.150.770.670.860.43-0.030.30.740.460.710.290.440.65-0.55
0.78-0.430.80.530.190.510.930.920.970.170.8-0.410.820.660.460.43-0.590.680.730.980.660.00.770.89-0.61
-0.310.38-0.390.040.17-0.02-0.49-0.6-0.510.25-0.340.54-0.39-0.230.11-0.03-0.59-0.4-0.28-0.59-0.10.0-0.51-0.490.43
0.64-0.530.670.390.140.320.610.550.57-0.110.7-0.350.690.540.330.30.68-0.40.450.580.440.030.860.66-0.38
0.85-0.060.860.760.450.830.830.860.760.040.68-0.310.860.750.880.740.73-0.280.450.790.960.10.570.93-0.8
0.78-0.370.80.540.210.550.950.960.980.140.75-0.410.810.660.510.460.98-0.590.580.790.720.020.690.91-0.68
0.820.020.80.760.520.830.740.770.690.120.68-0.20.810.770.930.710.66-0.10.440.960.720.240.480.87-0.78
0.120.140.070.150.40.160.020.070.020.090.09-0.210.110.270.330.290.00.00.030.10.020.24-0.040.05-0.18
0.73-0.490.770.460.160.420.710.690.7-0.180.7-0.440.780.590.380.440.77-0.510.860.570.690.48-0.040.76-0.34
0.92-0.180.940.720.340.760.90.940.870.090.85-0.350.950.780.730.650.89-0.490.660.930.910.870.050.76-0.78
-0.67-0.04-0.69-0.59-0.28-0.69-0.72-0.79-0.570.0-0.620.08-0.67-0.54-0.63-0.55-0.610.43-0.38-0.8-0.68-0.78-0.18-0.34-0.78
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Xizi Clean Account Relationship Matchups

Xizi Clean fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3B10.4B13.9B16.0B16.0B8.9B
Other Current Liab2.4B2.1B3.0B340.2M246.2M233.8M
Total Current Liabilities5.0B5.8B7.7B9.3B9.3B4.9B
Total Stockholder Equity3.3B3.4B3.6B3.7B3.9B2.8B
Other Liab805.5M755.4M749.2M745.1M856.9M535.9M
Retained Earnings1.8B2.0B2.1B1.8B1.8B1.3B
Accounts Payable2.5B3.1B4.1B5.0B5.3B5.6B
Cash1.8B2.4B3.8B3.6B3.8B4.0B
Other Assets217.1M202.3M272.5M1.3B1.5B1.6B
Net Receivables2.6B754.8M3.5B1.9B1.8B2.1B
Inventory1.0B927.4M1.7B1.9B1.4B1.1B
Other Current Assets391.9M726.7M819.9M102.8M103.4M98.2M
Total Liab5.8B6.7B9.9B11.8B11.6B5.8B
Intangible Assets254.0M251.5M414.0M506.4M507.8M258.1M
Common Stock739.4M739.4M739.3M739.2M850.1M558.2M
Property Plant Equipment1.4B1.7B2.0B1.8B2.0B1.3B
Long Term Debt37.5M100M1.3B1.6B1.5B1.5B
Short Term Investments452.0M326.0M181.9M25.0M22.5M21.4M
Net Tangible Assets2.8B3.0B3.1B3.2B3.7B3.0B
Other Stockholder Equity44.0M51.0M59.3M195.2M224.5M235.7M
Deferred Long Term Liab4.1M3.0M3.2M4.1M4.7M3.1M
Short Long Term Debt500.7K400.4M349.5M903.9M545.3M347.1M
Total Current Assets6.9B7.4B9.9B10.9B10.7B8.2B
Non Current Assets Total2.4B3.0B4.0B5.1B5.2B3.7B
Non Currrent Assets Other10.2M42.9M58.6M3.8M4.5M4.2M
Non Current Liabilities Total785.5M849.2M2.2B2.5B2.3B1.6B
Non Current Liabilities Other64.9M90.8M110.5M132.8M162.7M118.8M
Common Stock Shares Outstanding739.4M739.3M739.2M739.2M739.2M591.4M
Net Invested Capital3.3B3.9B5.3B6.2B5.9B4.9B
Net Working Capital1.8B1.5B2.2B1.6B1.4B1.4B

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Other Information on Investing in Xizi Stock

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