Xiamen Change To Netincome vs Free Cash Flow Analysis

002803 Stock   12.64  0.05  0.40%   
Xiamen Jihong financial indicator trend analysis is more than just analyzing Xiamen Jihong Package current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Jihong Package is a good investment. Please check the relationship between Xiamen Jihong Change To Netincome and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Jihong Package. 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.

Change To Netincome vs Free Cash Flow

Change To Netincome vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Jihong Package Change To Netincome account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Xiamen Jihong's Change To Netincome and Free Cash Flow is 0.16. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Xiamen Jihong Package, assuming nothing else is changed. The correlation between historical values of Xiamen Jihong's Change To Netincome and Free 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 Change To Netincome of Xiamen Jihong Package are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Netincome i.e., Xiamen Jihong's Change To Netincome and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Netincome

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Xiamen Jihong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Jihong Package 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 Jihong Package. 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 2.1 B. The current year's Tax Provision is expected to grow to about 40.9 M
 2022 2023 2024 2025 (projected)
Operating Income322.8M436.1M230.7M235.3M
Total Revenue5.4B6.7B5.5B2.8B

Xiamen Jihong fundamental ratios Correlations

0.330.970.990.910.920.890.970.60.590.970.980.640.980.960.910.910.91-0.860.930.990.940.580.230.81-0.21
0.330.470.280.230.180.170.270.29-0.160.510.290.740.40.430.250.20.21-0.160.460.340.13-0.20.61-0.1-0.08
0.970.470.940.860.860.870.910.60.520.980.940.670.990.970.860.870.86-0.760.920.950.880.480.420.71-0.1
0.990.280.940.910.930.880.980.590.580.950.980.630.960.940.910.910.92-0.880.920.980.950.610.150.82-0.25
0.910.230.860.910.990.970.890.570.70.880.90.620.880.860.990.990.99-0.920.870.930.940.810.070.79-0.28
0.920.180.860.930.990.970.920.560.710.870.920.590.890.860.990.990.99-0.940.880.950.940.80.030.82-0.24
0.890.170.870.880.970.970.840.530.780.860.870.540.890.860.970.980.96-0.840.830.910.940.790.180.82-0.16
0.970.270.910.980.890.920.840.580.560.910.960.570.930.90.890.870.9-0.90.920.980.90.550.130.81-0.25
0.60.290.60.590.570.560.530.580.380.610.570.430.60.630.570.550.54-0.530.610.570.530.320.160.44-0.16
0.59-0.160.520.580.70.710.780.560.380.510.530.170.590.540.680.690.67-0.560.50.590.750.710.090.86-0.25
0.970.510.980.950.880.870.860.910.610.510.930.740.980.970.880.880.88-0.770.920.950.890.510.390.7-0.23
0.980.290.940.980.90.920.870.960.570.530.930.610.950.940.90.90.9-0.870.890.960.940.640.120.8-0.16
0.640.740.670.630.620.590.540.570.430.170.740.610.630.620.640.620.64-0.610.70.650.540.330.190.29-0.08
0.980.40.990.960.880.890.890.930.60.590.980.950.630.970.880.880.87-0.780.920.960.920.530.370.78-0.14
0.960.430.970.940.860.860.860.90.630.540.970.940.620.970.850.870.84-0.730.850.930.890.520.390.74-0.21
0.910.250.860.910.990.990.970.890.570.680.880.90.640.880.850.980.99-0.930.90.940.920.780.070.77-0.26
0.910.20.870.910.990.990.980.870.550.690.880.90.620.880.870.980.99-0.890.840.930.930.810.080.78-0.2
0.910.210.860.920.990.990.960.90.540.670.880.90.640.870.840.990.99-0.930.880.950.920.770.060.76-0.23
-0.86-0.16-0.76-0.88-0.92-0.94-0.84-0.9-0.53-0.56-0.77-0.87-0.61-0.78-0.73-0.93-0.89-0.93-0.88-0.89-0.85-0.740.19-0.740.24
0.930.460.920.920.870.880.830.920.610.50.920.890.70.920.850.90.840.88-0.880.940.850.490.250.69-0.26
0.990.340.950.980.930.950.910.980.570.590.950.960.650.960.930.940.930.95-0.890.940.920.590.220.78-0.22
0.940.130.880.950.940.940.940.90.530.750.890.940.540.920.890.920.930.92-0.850.850.920.780.10.92-0.28
0.58-0.20.480.610.810.80.790.550.320.710.510.640.330.530.520.780.810.77-0.740.490.590.78-0.340.72-0.23
0.230.610.420.150.070.030.180.130.160.090.390.120.190.370.390.070.080.060.190.250.220.1-0.34-0.010.02
0.81-0.10.710.820.790.820.820.810.440.860.70.80.290.780.740.770.780.76-0.740.690.780.920.72-0.01-0.32
-0.21-0.08-0.1-0.25-0.28-0.24-0.16-0.25-0.16-0.25-0.23-0.16-0.08-0.14-0.21-0.26-0.2-0.230.24-0.26-0.22-0.28-0.230.02-0.32
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Xiamen Jihong Account Relationship Matchups

Xiamen Jihong fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.8B2.9B3.2B3.6B3.5B1.9B
Other Current Liab125.8M178.9M943.1K3.7M3.2M3.1M
Total Current Liabilities972.9M950.7M995.4M1.0B1.1B689.6M
Total Stockholder Equity1.7B1.9B2.1B2.3B2.2B1.1B
Other Liab13.0M17.7M24.3M30.4M35.0M36.7M
Retained Earnings1.2B1.4B1.5B1.7B1.6B1.7B
Accounts Payable461.5M463.4M515.6M641.9M717.5M753.4M
Cash834.6M755.5M982.0M1.1B763.5M444.5M
Other Assets20.2M13.7M25.1M21.1M24.3M16.6M
Long Term Debt50.4M41.6M16.5M155.6M127.1M133.4M
Net Receivables476.6M541.6M472.0M480.6M550.1M340.9M
Inventory290.6M422.0M483.7M456.1M447.9M240.4M
Other Current Assets124.1M217.6M18.9M42.1M103.3M58.2M
Total Liab1.0B1.0B1.1B1.3B1.3B769.6M
Intangible Assets82.9M107.9M110.6M117.3M111.5M73.7M
Common Stock197.2M222.6M378.4M387.5M445.6M467.9M
Property Plant Equipment374.2M568.7M633.5M802.1M922.5M968.6M
Net Tangible Assets453.3M1.2B1.7B1.8B2.0B2.1B
Other Stockholder Equity579.0K954.3K(16.6M)(17.3M)(15.6M)(14.8M)
Deferred Long Term Liab7.8M6.7M15.7M11.1M12.8M7.8M
Total Current Assets2.0B1.9B2.1B2.3B2.0B1.6B
Non Current Assets Total818.1M1.0B1.1B1.3B1.5B998.2M
Non Currrent Assets Other8.5M1.5M327.8K78.4M134.5M141.2M
Non Current Liabilities Total68.3M77.2M109.9M256.7M210.2M108.8M
Short Long Term Debt341.8M200.0M295.4M96.0M108.6M181.4M
Net Invested Capital2.1B2.1B2.4B2.5B2.4B2.1B
Net Working Capital1.0B986.1M1.1B1.2B889.7M842.4M
Capital Stock222.6M378.4M387.5M385.0M384.8M366.8M
Property Plant And Equipment Net633.5M802.1M858.4M990.2M996.9M889.1M
Property Plant And Equipment Gross927.0M1.2B1.3B1.5B996.9M1.2B

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Other Information on Investing in Xiamen Stock

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