Jiangsu Total Revenue vs Net Receivables Analysis

300013 Stock   3.98  0.08  1.97%   
Jiangsu Xinning financial indicator trend analysis is infinitely more than just investigating Jiangsu Xinning Modern recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Xinning Modern is a good investment. Please check the relationship between Jiangsu Xinning Total Revenue and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Xinning Modern. 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 Net Receivables

Total Revenue vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Xinning Modern Total Revenue account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Xinning's Total Revenue and Net Receivables is 0.86. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Jiangsu Xinning Modern, assuming nothing else is changed. The correlation between historical values of Jiangsu Xinning's Total Revenue and Net Receivables 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 Jiangsu Xinning Modern are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Revenue i.e., Jiangsu Xinning's Total Revenue and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Revenue

Total revenue comprises all receipts Jiangsu Xinning Modern 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.

Net Receivables

Most indicators from Jiangsu Xinning's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Xinning Modern 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 Jiangsu Xinning Modern. 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.
As of November 27, 2024, Selling General Administrative is expected to decline to about 41.2 M. The current year's Tax Provision is expected to grow to about (2.1 M)
 2021 2022 2023 2024 (projected)
Gross Profit221.2M125.5M46.7M44.4M
Research Development34.7M8.5M7.1M6.8M

Jiangsu Xinning fundamental ratios Correlations

0.790.80.860.250.810.380.940.950.490.760.870.350.59-0.050.740.710.320.160.30.720.470.380.450.320.42
0.790.640.790.430.730.420.810.750.580.580.80.050.39-0.340.650.60.470.270.360.810.270.590.480.340.35
0.80.640.48-0.250.780.00.780.850.360.950.760.740.780.410.480.6-0.16-0.370.090.630.7-0.04-0.070.380.5
0.860.790.480.660.670.680.830.760.570.390.71-0.130.24-0.520.840.530.720.580.440.670.120.730.710.250.14
0.250.43-0.250.660.060.660.310.160.44-0.310.22-0.81-0.33-0.960.370.210.980.940.270.39-0.520.940.890.16-0.21
0.810.730.780.670.060.290.720.770.630.660.610.460.390.070.780.30.16-0.030.440.540.560.210.10.170.17
0.380.420.00.680.660.290.250.230.52-0.110.15-0.35-0.16-0.640.570.020.680.60.30.25-0.330.650.510.16-0.23
0.940.810.780.830.310.720.250.970.390.740.860.250.54-0.10.680.740.390.150.30.870.480.480.470.490.43
0.950.750.850.760.160.770.230.970.410.810.820.410.590.050.640.680.26-0.010.180.840.490.370.340.540.47
0.490.580.360.570.440.630.520.390.410.240.44-0.040.1-0.340.420.220.460.350.090.39-0.140.490.40.2-0.02
0.760.580.950.39-0.310.66-0.110.740.810.240.80.740.890.490.330.7-0.26-0.410.00.570.68-0.12-0.050.340.74
0.870.80.760.710.220.610.150.860.820.440.80.270.74-0.050.460.920.220.150.110.690.380.330.510.240.63
0.350.050.74-0.13-0.810.46-0.350.250.41-0.040.740.270.630.890.090.17-0.73-0.83-0.10.070.75-0.66-0.610.10.37
0.590.390.780.24-0.330.39-0.160.540.590.10.890.740.630.50.050.76-0.36-0.34-0.170.330.55-0.240.00.120.81
-0.05-0.340.41-0.52-0.960.07-0.64-0.10.05-0.340.49-0.050.890.5-0.3-0.01-0.93-0.92-0.27-0.250.61-0.88-0.77-0.040.36
0.740.650.480.840.370.780.570.680.640.420.330.460.090.05-0.30.180.490.330.710.50.40.460.320.12-0.1
0.710.60.60.530.210.30.020.740.680.220.70.920.170.76-0.010.180.170.15-0.040.620.280.280.560.290.73
0.320.47-0.160.720.980.160.680.390.260.46-0.260.22-0.73-0.36-0.930.490.170.880.360.48-0.410.960.840.27-0.28
0.160.27-0.370.580.94-0.030.60.15-0.010.35-0.410.15-0.83-0.34-0.920.330.150.880.310.12-0.510.780.87-0.16-0.26
0.30.360.090.440.270.440.30.30.180.090.00.11-0.1-0.17-0.270.71-0.040.360.310.210.480.260.2-0.08-0.21
0.720.810.630.670.390.540.250.870.840.390.570.690.070.33-0.250.50.620.480.120.210.260.640.450.780.34
0.470.270.70.12-0.520.56-0.330.480.49-0.140.680.380.750.550.610.40.28-0.41-0.510.480.26-0.4-0.340.050.32
0.380.59-0.040.730.940.210.650.480.370.49-0.120.33-0.66-0.24-0.880.460.280.960.780.260.64-0.40.820.43-0.1
0.450.48-0.070.710.890.10.510.470.340.4-0.050.51-0.610.0-0.770.320.560.840.870.20.45-0.340.820.130.09
0.320.340.380.250.160.170.160.490.540.20.340.240.10.12-0.040.120.290.27-0.16-0.080.780.050.430.130.2
0.420.350.50.14-0.210.17-0.230.430.47-0.020.740.630.370.810.36-0.10.73-0.28-0.26-0.210.340.32-0.10.090.2
Click cells to compare fundamentals

Jiangsu Xinning Account Relationship Matchups

Jiangsu Xinning fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B1.1B881.8M759.4M559.8M1.0B
Other Current Liab68.1M73.3M14.0M31.4M24.6K23.4K
Total Current Liabilities834.2M666.6M482.1M426.0M611.2M390.6M
Total Stockholder Equity808.0M213.9M21.7M19.6M(136.7M)(129.8M)
Retained Earnings(387.9M)(987.9M)(1.2B)(1.2B)(1.4B)(1.3B)
Accounts Payable200.9M194.8M163.1M109.7M101.2M128.3M
Cash163.4M79.2M59.4M107.9M43.9M41.7M
Other Assets267.0M79.3M34.4M25.4M29.2M27.8M
Net Receivables778.8M292.3M277.9M193.1M138.2M273.2M
Other Current Assets56.1M41.4M14.0M12.1M9.7M9.2M
Total Liab1.1B859.6M836.0M714.8M673.8M501.9M
Intangible Assets119.7M122.6M37.0M28.3M25.1M23.9M
Property Plant Equipment331.1M313.4M361.3M306.0M351.9M220.4M
Other Liab101.1M102.5M180.0M160.7M184.8M194.1M
Inventory46.8M28.6M2.5M2.9M2.3M2.2M
Long Term Debt164.5M90.6M30M20.0M23.1M21.9M
Net Tangible Assets638.2M103.3M(10.7M)(8.1M)(7.3M)(6.9M)
Other Stockholder Equity(7.8M)(2.5M)(5.3M)(5.7M)(5.2M)(4.9M)
Deferred Long Term Liab111.2M52.0M22.0M16.7M15.0M14.3M
Total Current Assets1.0B524.8M353.9M331.6M210.4M199.8M
Non Current Assets Total895.2M584.1M528.0M427.8M349.4M660.9M
Non Currrent Assets Other895.2M1.7M5.8M1.5M1.4M1.3M
Non Current Liabilities Total265.6M193.1M353.9M288.8M62.6M59.5M
Short Long Term Debt442.7M329.0M192.8M170.5M210.5M216.0M
Non Current Liabilities Other92.1M90.3M179.5M159.7M1.6M1.6M
Net Debt443.8M340.3M163.3M82.6M166.6M222.8M
Net Invested Capital1.4B633.4M244.5M210.2M73.8M70.1M
Net Working Capital210.8M(141.8M)(128.2M)(94.3M)(400.8M)(380.8M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Jiangsu Stock

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