Xiamen Common Stock vs Total Assets Analysis

002803 Stock

14.81 0.62 4.02%

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 Common Stock and its Total Assets 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.

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Jihong Package Common Stock account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Xiamen Jihong's Common Stock and Total Assets is 0.98. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Assets 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 Common Stock and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Xiamen Jihong Package are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Common Stock i.e., Xiamen Jihong's Common Stock and Total Assets go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Common Stock

Total Assets

Total assets refers to the total amount of Xiamen Jihong assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Xiamen Jihong Package books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible 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 2.7 B, whereas Tax Provision is forecasted to decline to about 41.3 M.

	2021	2022	2023	2024 (projected)
Operating Income	294.9M	322.8M	436.1M	233.9M
Total Revenue	5.2B	5.4B	6.7B	7.0B

Operating Income Total Revenue

Xiamen Jihong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Long Term Investments
Total Assets		0.32	0.89	1.0	0.98	0.98	0.99	0.99	0.55	0.66	0.89	0.98	0.56	0.9	0.88	0.98	0.99	0.98	-0.87	0.87	0.95	0.95	0.71	0.28	0.81	-0.18
Other Current Liab	0.32		0.57	0.28	0.29	0.26	0.3	0.22	0.32	-0.11	0.62	0.29	0.82	0.52	0.52	0.31	0.26	0.27	-0.24	0.53	0.42	0.3	-0.12	0.59	-0.1	-0.1
Total Current Liabilities	0.89	0.57		0.86	0.83	0.83	0.88	0.83	0.58	0.38	0.98	0.87	0.64	0.99	0.97	0.83	0.84	0.83	-0.72	0.91	0.94	0.89	0.43	0.5	0.53	-0.06
Total Stockholder Equity	1.0	0.28	0.86		0.99	0.99	0.98	0.99	0.54	0.66	0.87	0.98	0.55	0.88	0.86	0.99	0.99	0.99	-0.9	0.86	0.95	0.95	0.75	0.2	0.82	-0.21
Other Liab	0.98	0.29	0.83	0.99		0.99	0.97	0.99	0.55	0.68	0.85	0.98	0.56	0.85	0.84	0.99	0.99	0.99	-0.91	0.86	0.93	0.95	0.79	0.16	0.85	-0.27
Retained Earnings	0.98	0.26	0.83	0.99	0.99		0.97	0.99	0.54	0.66	0.84	0.98	0.54	0.85	0.83	1.0	0.99	0.99	-0.93	0.86	0.93	0.94	0.8	0.12	0.84	-0.22
Accounts Payable	0.99	0.3	0.88	0.98	0.97	0.97		0.98	0.53	0.72	0.86	0.97	0.51	0.89	0.87	0.97	0.98	0.96	-0.83	0.85	0.92	0.93	0.71	0.32	0.85	-0.13
Cash	0.99	0.22	0.83	0.99	0.99	0.99	0.98		0.53	0.7	0.83	0.97	0.49	0.85	0.82	0.99	0.98	0.99	-0.91	0.87	0.93	0.94	0.76	0.16	0.85	-0.22
Other Assets	0.55	0.32	0.58	0.54	0.55	0.54	0.53	0.53		0.33	0.59	0.52	0.37	0.59	0.63	0.55	0.53	0.52	-0.51	0.59	0.56	0.53	0.3	0.19	0.35	-0.15
Long Term Debt	0.66	-0.11	0.38	0.66	0.68	0.66	0.72	0.7	0.33		0.37	0.61	0.06	0.45	0.42	0.67	0.68	0.66	-0.47	0.43	0.5	0.62	0.62	0.19	0.94	-0.23
Net Receivables	0.89	0.62	0.98	0.87	0.85	0.84	0.86	0.83	0.59	0.37		0.86	0.72	0.97	0.97	0.84	0.85	0.85	-0.74	0.9	0.95	0.9	0.45	0.46	0.52	-0.2
Inventory	0.98	0.29	0.87	0.98	0.98	0.98	0.97	0.97	0.52	0.61	0.86		0.54	0.88	0.87	0.97	0.98	0.97	-0.89	0.84	0.93	0.95	0.79	0.17	0.8	-0.13
Other Current Assets	0.56	0.82	0.64	0.55	0.56	0.54	0.51	0.49	0.37	0.06	0.72	0.54		0.6	0.59	0.57	0.55	0.58	-0.58	0.65	0.62	0.51	0.25	0.22	0.16	-0.04
Total Liab	0.9	0.52	0.99	0.88	0.85	0.85	0.89	0.85	0.59	0.45	0.97	0.88	0.6		0.97	0.86	0.86	0.85	-0.74	0.91	0.96	0.93	0.48	0.46	0.59	-0.11
Intangible Assets	0.88	0.52	0.97	0.86	0.84	0.83	0.87	0.82	0.63	0.42	0.97	0.87	0.59	0.97		0.83	0.85	0.82	-0.69	0.84	0.92	0.91	0.51	0.46	0.57	-0.2
Common Stock	0.98	0.31	0.83	0.99	0.99	1.0	0.97	0.99	0.55	0.67	0.84	0.97	0.57	0.86	0.83		0.98	0.99	-0.93	0.89	0.94	0.93	0.76	0.16	0.83	-0.25
Property Plant Equipment	0.99	0.26	0.84	0.99	0.99	0.99	0.98	0.98	0.53	0.68	0.85	0.98	0.55	0.86	0.85	0.98		0.98	-0.88	0.83	0.92	0.94	0.79	0.17	0.84	-0.18
Net Tangible Assets	0.98	0.27	0.83	0.99	0.99	0.99	0.96	0.99	0.52	0.66	0.85	0.97	0.58	0.85	0.82	0.99	0.98		-0.92	0.87	0.94	0.93	0.75	0.14	0.82	-0.21
Other Stockholder Equity	-0.87	-0.24	-0.72	-0.9	-0.91	-0.93	-0.83	-0.91	-0.51	-0.47	-0.74	-0.89	-0.58	-0.74	-0.69	-0.93	-0.88	-0.92		-0.87	-0.87	-0.84	-0.76	0.13	-0.68	0.23
Deferred Long Term Liab	0.87	0.53	0.91	0.86	0.86	0.86	0.85	0.87	0.59	0.43	0.9	0.84	0.65	0.91	0.84	0.89	0.83	0.87	-0.87		0.94	0.87	0.46	0.3	0.57	-0.25
Total Current Assets	0.95	0.42	0.94	0.95	0.93	0.93	0.92	0.93	0.56	0.5	0.95	0.93	0.62	0.96	0.92	0.94	0.92	0.94	-0.87	0.94		0.96	0.6	0.28	0.66	-0.21
Non Current Assets Total	0.95	0.3	0.89	0.95	0.95	0.94	0.93	0.94	0.53	0.62	0.9	0.95	0.51	0.93	0.91	0.93	0.94	0.93	-0.84	0.87	0.96		0.74	0.22	0.78	-0.28
Non Currrent Assets Other	0.71	-0.12	0.43	0.75	0.79	0.8	0.71	0.76	0.3	0.62	0.45	0.79	0.25	0.48	0.51	0.76	0.79	0.75	-0.76	0.46	0.6	0.74		-0.33	0.82	-0.24
Short Term Investments	0.28	0.59	0.5	0.2	0.16	0.12	0.32	0.16	0.19	0.19	0.46	0.17	0.22	0.46	0.46	0.16	0.17	0.14	0.13	0.3	0.28	0.22	-0.33		0.06	0.01
Non Current Liabilities Total	0.81	-0.1	0.53	0.82	0.85	0.84	0.85	0.85	0.35	0.94	0.52	0.8	0.16	0.59	0.57	0.83	0.84	0.82	-0.68	0.57	0.66	0.78	0.82	0.06		-0.26
Long Term Investments	-0.18	-0.1	-0.06	-0.21	-0.27	-0.22	-0.13	-0.22	-0.15	-0.23	-0.2	-0.13	-0.04	-0.11	-0.2	-0.25	-0.18	-0.21	0.23	-0.25	-0.21	-0.28	-0.24	0.01	-0.26

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Xiamen Jihong Account Relationship Matchups

Xiamen Jihong fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.4B	2.8B	2.9B	3.2B	3.6B	3.8B
Other Current Liab	95.1M	125.8M	178.9M	943.1K	3.7M	3.5M
Total Current Liabilities	920.1M	972.9M	950.7M	995.4M	1.0B	650.9M
Total Stockholder Equity	1.4B	1.7B	1.9B	2.1B	2.3B	2.4B
Other Liab	13.0M	17.7M	24.3M	30.4M	35.0M	36.7M
Retained Earnings	667.7M	1.2B	1.4B	1.5B	1.7B	1.7B
Accounts Payable	395.8M	461.5M	463.4M	515.6M	641.9M	674.0M
Cash	487.8M	834.6M	755.5M	982.0M	1.1B	1.2B
Other Assets	20.2M	13.7M	25.1M	21.1M	24.3M	16.6M
Long Term Debt	45.5M	50.4M	41.6M	16.5M	155.6M	163.4M
Net Receivables	487.0M	476.6M	541.6M	472.0M	480.6M	320.5M
Inventory	244.2M	290.6M	422.0M	483.7M	456.1M	478.9M
Other Current Assets	76.2M	124.1M	217.6M	18.9M	42.1M	53.9M
Total Liab	988.2M	1.0B	1.0B	1.1B	1.3B	719.3M
Intangible Assets	104.4M	82.9M	107.9M	110.6M	117.3M	70.0M
Common Stock	197.2M	222.6M	378.4M	387.5M	445.6M	467.9M
Property Plant Equipment	374.2M	568.7M	633.5M	802.1M	922.5M	968.6M
Net Tangible Assets	453.3M	1.2B	1.7B	1.8B	2.0B	2.1B
Other Stockholder Equity	579.0K	954.3K	(16.6M)	(17.3M)	(15.6M)	(14.8M)
Deferred Long Term Liab	7.8M	6.7M	15.7M	11.1M	12.8M	7.8M
Total Current Assets	1.6B	2.0B	1.9B	2.1B	2.3B	1.5B
Non Current Assets Total	845.5M	818.1M	1.0B	1.1B	1.3B	912.7M
Non Currrent Assets Other	8.5M	1.5M	327.8K	78.4M	90.2M	94.7M
Non Current Liabilities Total	68.1M	68.3M	77.2M	109.9M	256.7M	269.6M
Short Long Term Debt	349.5M	341.8M	200.0M	295.4M	96.0M	91.2M
Net Invested Capital	1.8B	2.1B	2.1B	2.4B	2.5B	2.0B
Net Working Capital	673.6M	1.0B	986.1M	1.1B	1.2B	822.9M

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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.

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Xiamen Common Stock vs Total Assets Analysis

Common Stock vs Total Assets

Common Stock vs Total Assets Correlation Analysis

Correlation Coefficient

Common Stock

Total Assets

Xiamen Jihong fundamental ratios Correlations

Xiamen Jihong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiamen Jihong fundamental ratios Accounts

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Other Information on Investing in Xiamen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Common Stock	+ 1.0	Retained Earnings
Accounts Payable	+ 0.99	Total Assets
Cash	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities

Other Stockholder Equity	- 0.93	Common Stock
Other Stockholder Equity	- 0.93	Retained Earnings
Other Stockholder Equity	- 0.92	Net Tangible Assets
Other Stockholder Equity	- 0.91	Cash
Other Stockholder Equity	- 0.91	Other Liab
Other Stockholder Equity	- 0.9	Total Stockholder Equity