Nanjing Interest Income vs Total Operating Expenses Analysis

200468 Stock   4.60  0.12  2.68%   
Nanjing Putian financial indicator trend analysis is infinitely more than just investigating Nanjing Putian Telec recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Putian Telec is a good investment. Please check the relationship between Nanjing Putian Interest Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Putian Telecommunications. 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.

Interest Income vs Total Operating Expenses

Interest Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Putian Telec Interest Income account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Nanjing Putian's Interest Income and Total Operating Expenses is 0.81. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Nanjing Putian Telecommunications, assuming nothing else is changed. The correlation between historical values of Nanjing Putian's Interest Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Nanjing Putian Telecommunications are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Interest Income i.e., Nanjing Putian's Interest Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Nanjing Putian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Putian Telec 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 Nanjing Putian Telecommunications. 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.
The current year's Selling General Administrative is expected to grow to about 146.1 M. The current year's Tax Provision is expected to grow to about 5.4 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses3.5M3.4M3.0M4.8M
Research Development55.5M42.7M38.0M48.6M

Nanjing Putian fundamental ratios Correlations

0.730.920.650.720.90.86-0.10.880.230.850.340.98-0.220.230.37-0.21-0.470.770.7-0.680.820.78-0.480.740.81
0.730.790.610.670.540.51-0.220.780.010.740.560.720.140.480.390.16-0.560.710.6-0.470.630.64-0.560.590.63
0.920.790.670.740.90.79-0.20.950.20.90.370.94-0.220.540.45-0.23-0.680.80.74-0.630.790.81-0.670.790.78
0.650.610.670.990.450.46-0.410.74-0.530.710.490.520.130.590.74-0.42-0.690.980.9-0.810.880.89-0.770.880.95
0.720.670.740.990.530.52-0.380.8-0.450.740.510.60.130.590.71-0.37-0.720.990.92-0.790.90.91-0.790.880.96
0.90.540.90.450.530.870.00.810.460.810.120.94-0.430.30.25-0.32-0.50.610.59-0.50.60.59-0.470.580.62
0.860.510.790.460.520.870.080.640.320.77-0.030.87-0.350.10.21-0.44-0.310.580.5-0.650.610.58-0.320.570.67
-0.1-0.22-0.2-0.41-0.380.00.08-0.270.34-0.23-0.25-0.040.28-0.45-0.880.120.53-0.35-0.380.08-0.27-0.290.53-0.32-0.28
0.880.780.950.740.80.810.64-0.270.080.780.560.86-0.060.560.53-0.08-0.720.840.84-0.550.830.84-0.710.810.79
0.230.010.2-0.53-0.450.460.320.340.080.1-0.270.39-0.57-0.35-0.50.230.26-0.36-0.320.33-0.31-0.320.37-0.35-0.35
0.850.740.90.710.740.810.77-0.230.780.10.140.84-0.320.480.46-0.42-0.590.80.68-0.750.740.74-0.610.730.8
0.340.560.370.490.510.12-0.03-0.250.56-0.270.140.280.370.360.330.28-0.410.50.41-0.180.450.46-0.430.460.42
0.980.720.940.520.60.940.87-0.040.860.390.840.28-0.310.230.27-0.16-0.440.660.61-0.590.730.7-0.420.670.7
-0.220.14-0.220.130.13-0.43-0.350.28-0.06-0.57-0.320.37-0.310.11-0.120.4-0.060.060.10.080.090.1-0.090.070.02
0.230.480.540.590.590.30.1-0.450.56-0.350.480.360.230.110.6-0.21-0.870.590.58-0.30.440.52-0.870.590.46
0.370.390.450.740.710.250.21-0.880.53-0.50.460.330.27-0.120.6-0.31-0.730.680.68-0.420.610.62-0.770.650.63
-0.210.16-0.23-0.42-0.37-0.32-0.440.12-0.080.23-0.420.28-0.160.4-0.21-0.310.22-0.37-0.270.6-0.29-0.290.29-0.39-0.47
-0.47-0.56-0.68-0.69-0.72-0.5-0.310.53-0.720.26-0.59-0.41-0.44-0.06-0.87-0.730.22-0.72-0.720.32-0.59-0.620.99-0.67-0.6
0.770.710.80.980.990.610.58-0.350.84-0.360.80.50.660.060.590.68-0.37-0.720.92-0.790.90.91-0.780.880.96
0.70.60.740.90.920.590.5-0.380.84-0.320.680.410.610.10.580.68-0.27-0.720.92-0.620.860.87-0.760.810.86
-0.68-0.47-0.63-0.81-0.79-0.5-0.650.08-0.550.33-0.75-0.18-0.590.08-0.3-0.420.60.32-0.79-0.62-0.83-0.820.42-0.82-0.9
0.820.630.790.880.90.60.61-0.270.83-0.310.740.450.730.090.440.61-0.29-0.590.90.86-0.830.99-0.640.960.95
0.780.640.810.890.910.590.58-0.290.84-0.320.740.460.70.10.520.62-0.29-0.620.910.87-0.820.99-0.670.980.94
-0.48-0.56-0.67-0.77-0.79-0.47-0.320.53-0.710.37-0.61-0.43-0.42-0.09-0.87-0.770.290.99-0.78-0.760.42-0.64-0.67-0.73-0.68
0.740.590.790.880.880.580.57-0.320.81-0.350.730.460.670.070.590.65-0.39-0.670.880.81-0.820.960.98-0.730.92
0.810.630.780.950.960.620.67-0.280.79-0.350.80.420.70.020.460.63-0.47-0.60.960.86-0.90.950.94-0.680.92
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Nanjing Putian Account Relationship Matchups

Nanjing Putian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.2B993.6M891.4M826.2M1.6B
Other Current Liab82.9M83.9M81.8M71.3M2.0M1.9M
Total Current Liabilities1.3B867.1M848.9M684.8M566.4M538.1M
Total Stockholder Equity169.5M189.6M65.2M22.0M5.1M4.9M
Retained Earnings(224.1M)(202.1M)(340.9M)(388.2M)(405.7M)(385.4M)
Accounts Payable761.2M679.2M539.6M470.9M407.3M621.0M
Cash261.3M209.8M188.7M173.9M178.3M325.8M
Other Assets12.1M9.8M11.8M24.3M28.0M29.3M
Net Receivables799.9M572.1M398.3M304.6M301.6M286.5M
Inventory209.4M199.6M186.5M166.4M122.7M116.6M
Other Current Assets34.7M21.2M37.8M19.1M3.5M3.3M
Total Liab1.4B871.2M848.9M790.6M742.4M1.2B
Intangible Assets28.4M21.3M21.1M20.5M19.6M17.6M
Property Plant Equipment123.8M122.6M118.1M97.9M88.1M94.5M
Other Liab8.7M7.3M6.0M4.0M4.6M4.9M
Net Tangible Assets141.2M168.4M44.1M1.5M1.4M1.3M
Other Stockholder Equity39.0M38.9M(6.8M)(1.9M)(1.7M)(1.6M)
Deferred Long Term Liab4.3M5.5M5.0M4.0M4.5M4.0M
Non Current Assets Total346.7M164.8M162.2M153.9M146.0M203.2M
Non Currrent Assets Other356.0M348.2M346.7M40.9K36.8K35.0K
Non Current Liabilities Total18.8M4.0M0.0105.8M176.0M184.8M
Short Long Term Debt451.9M65M199M112.8M69.9M66.4M
Total Current Assets1.3B1.0B831.4M737.5M680.2M1.0B
Net Debt183.1M190.6M10.3M44.8M67.6M74.2M
Net Invested Capital621.5M254.6M264.2M240.6M251.0M362.3M
Net Working Capital(27.8M)135.6M(17.6M)52.8M113.8M60.3M

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Other Information on Investing in Nanjing Stock

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