Xiamen Short Term Investments vs Non Currrent Assets Other Analysis

002785 Stock   38.83  2.13  5.80%   
Xiamen Wanli financial indicator trend analysis is more than just analyzing Xiamen Wanli Stone current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Wanli Stone is a good investment. Please check the relationship between Xiamen Wanli Short Term Investments and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Wanli Stone. 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 Non Currrent Assets Other

Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Wanli Stone Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak relationship.
The correlation between Xiamen Wanli's Short Term Investments and Non Currrent Assets Other is 0.34. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Xiamen Wanli Stone, assuming nothing else is changed. The correlation between historical values of Xiamen Wanli's Short Term Investments 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 Short Term Investments of Xiamen Wanli Stone 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 Short Term Investments i.e., Xiamen Wanli's Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

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

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 Xiamen Wanli's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Wanli Stone 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 Xiamen Wanli Stone. 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 27, 2024, Selling General Administrative is expected to decline to about 67.4 M. The current year's Tax Provision is expected to grow to about (6.8 M)
 2021 2022 2023 2024 (projected)
Operating Income4.4M29.6M8.1M7.7M
Total Revenue1.2B1.3B1.3B1.1B

Xiamen Wanli fundamental ratios Correlations

-0.630.890.90.710.110.910.470.860.83-0.430.56-0.020.9-0.880.950.830.6-0.460.66-0.430.950.950.84-0.860.54
-0.63-0.37-0.75-0.340.29-0.53-0.83-0.78-0.290.79-0.270.31-0.370.6-0.66-0.51-0.410.81-0.670.47-0.48-0.64-0.730.33-0.25
0.89-0.370.610.730.190.910.170.790.95-0.240.50.041.0-0.910.820.720.57-0.290.53-0.430.90.850.65-0.940.64
0.9-0.750.610.530.010.710.660.740.55-0.520.5-0.070.61-0.680.880.770.49-0.520.65-0.340.790.860.85-0.60.32
0.71-0.340.730.530.00.820.050.650.77-0.170.27-0.20.74-0.840.650.650.57-0.340.43-0.60.770.640.58-0.730.78
0.110.290.190.010.0-0.05-0.42-0.260.410.430.290.870.190.030.250.3-0.430.63-0.340.53-0.03-0.05-0.42-0.1-0.09
0.91-0.530.910.710.82-0.050.270.840.82-0.30.5-0.190.92-0.930.830.670.8-0.430.65-0.670.890.860.79-0.810.69
0.47-0.830.170.660.05-0.420.270.620.07-0.910.3-0.450.17-0.320.450.40.25-0.820.62-0.270.410.60.68-0.260.09
0.86-0.780.790.740.65-0.260.840.620.67-0.710.38-0.370.79-0.90.770.690.65-0.80.81-0.610.840.890.89-0.790.57
0.83-0.290.950.550.770.410.820.070.67-0.170.530.190.95-0.850.810.770.4-0.170.38-0.30.830.770.47-0.90.67
-0.430.79-0.24-0.52-0.170.43-0.3-0.91-0.71-0.17-0.310.57-0.240.41-0.38-0.44-0.250.92-0.70.34-0.4-0.6-0.620.34-0.23
0.56-0.270.50.50.270.290.50.30.380.53-0.310.070.5-0.310.580.440.26-0.140.56-0.020.450.590.3-0.40.23
-0.020.310.04-0.07-0.20.87-0.19-0.45-0.370.190.570.070.040.180.160.0-0.50.7-0.480.65-0.17-0.22-0.470.06-0.26
0.9-0.371.00.610.740.190.920.170.790.95-0.240.50.04-0.910.820.720.59-0.30.53-0.440.90.850.65-0.940.66
-0.880.6-0.91-0.68-0.840.03-0.93-0.32-0.9-0.850.41-0.310.18-0.91-0.81-0.75-0.680.54-0.570.66-0.89-0.85-0.770.86-0.75
0.95-0.660.820.880.650.250.830.450.770.81-0.380.580.160.82-0.810.780.45-0.370.58-0.30.830.850.71-0.760.46
0.83-0.510.720.770.650.30.670.40.690.77-0.440.440.00.72-0.750.780.31-0.380.52-0.290.80.810.64-0.770.42
0.6-0.410.570.490.57-0.430.80.250.650.4-0.250.26-0.50.59-0.680.450.31-0.480.49-0.90.610.610.73-0.450.68
-0.460.81-0.29-0.52-0.340.63-0.43-0.82-0.8-0.170.92-0.140.7-0.30.54-0.37-0.38-0.48-0.720.59-0.47-0.59-0.740.38-0.4
0.66-0.670.530.650.43-0.340.650.620.810.38-0.70.56-0.480.53-0.570.580.520.49-0.72-0.40.630.720.77-0.540.18
-0.430.47-0.43-0.34-0.60.53-0.67-0.27-0.61-0.30.34-0.020.65-0.440.66-0.3-0.29-0.90.59-0.4-0.47-0.47-0.630.34-0.71
0.95-0.480.90.790.77-0.030.890.410.840.83-0.40.45-0.170.9-0.890.830.80.61-0.470.63-0.470.950.85-0.940.61
0.95-0.640.850.860.64-0.050.860.60.890.77-0.60.59-0.220.85-0.850.850.810.61-0.590.72-0.470.950.88-0.860.56
0.84-0.730.650.850.58-0.420.790.680.890.47-0.620.3-0.470.65-0.770.710.640.73-0.740.77-0.630.850.88-0.680.45
-0.860.33-0.94-0.6-0.73-0.1-0.81-0.26-0.79-0.90.34-0.40.06-0.940.86-0.76-0.77-0.450.38-0.540.34-0.94-0.86-0.68-0.6
0.54-0.250.640.320.78-0.090.690.090.570.67-0.230.23-0.260.66-0.750.460.420.68-0.40.18-0.710.610.560.45-0.6
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Xiamen Wanli Account Relationship Matchups

Xiamen Wanli fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.3B1.4B1.4B1.7B1.3B
Other Current Liab67.8M47.7M54.6M40.4M6.1M5.8M
Total Current Liabilities627.2M647.0M699.9M729.9M638.5M618.0M
Total Stockholder Equity618.8M625.5M599.7M592.0M960.3M682.8M
Other Liab2.2M10.2M8.7M6.6M7.6M4.2M
Retained Earnings242.7M253.6M229.1M189.1M153.7M185.3M
Accounts Payable224.5M219.8M244.7M296.9M298.1M197.4M
Cash61.0M96.9M100.2M76.1M301.8M316.9M
Other Assets45.2M46.2M59.9M79.8M91.8M96.4M
Net Receivables682.7M700.5M700.0M623.8M558.7M607.7M
Inventory205.4M168.2M173.6M176.7M189.5M198.7M
Other Current Assets52.8M55.9M65.1M42.8M18.4M17.4M
Total Liab642.4M655.0M721.8M739.5M650.6M627.3M
Intangible Assets22.0M17.9M17.1M16.8M17.0M18.9M
Property Plant Equipment96.2M91.7M99.7M86.7M99.7M96.3M
Long Term Debt5.7M5.0M4.4M8.1M9.3M4.8M
Net Tangible Assets596.8M607.7M582.6M575.2M517.7M483.4M
Other Stockholder Equity2.8M(1.4M)(2.7M)5.0M5.8M6.1M
Deferred Long Term Liab9.3M8.6M6.9M5.4M4.9M7.2M
Total Current Assets1.0B1.0B1.0B1.0B1.2B1.1B
Non Current Assets Total293.2M293.1M313.1M346.1M466.8M351.2M
Non Current Liabilities Total15.2M13.1M21.9M9.6M12.2M12.2M
Short Long Term Debt273.4M302.5M331.6M303.8M208.0M235.6M
Non Current Liabilities Other559.7K593.3K628.9K666.6K766.6K633.8K
Net Debt217.4M210.1M239.5M227.7M261.8M241.1M
Net Invested Capital897.2M932.5M939.4M895.7M1.2B1.1B
Net Working Capital374.7M379.7M339.0M285.8M567.9M430.9M

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Other Information on Investing in Xiamen Stock

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