| 002803 Stock | | | 16.34 0.59 3.75% |
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 Total Revenue 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.
Total Revenue vs Total Assets
Total Revenue 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 Total Revenue account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Xiamen Jihong's Total Revenue and Total Assets is 0.99. Overlapping area represents the amount of variation of Total Revenue 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 Total Revenue 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 Total Revenue 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 Total Revenue i.e., Xiamen Jihong's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Xiamen Jihong Package generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 |
Xiamen Jihong fundamental ratios Correlations
Click cells to compare fundamentals
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
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.