Xingyuan Intangible Assets vs Property Plant Equipment Analysis

300266 Stock   3.17  0.07  2.16%   
Xingyuan Environment financial indicator trend analysis is more than just analyzing Xingyuan Environment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xingyuan Environment is a good investment. Please check the relationship between Xingyuan Environment Intangible Assets and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xingyuan Environment Technology. 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.

Intangible Assets vs Property Plant Equipment

Intangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xingyuan Environment Intangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have weak relationship.
The correlation between Xingyuan Environment's Intangible Assets and Property Plant Equipment is 0.34. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Xingyuan Environment Technology, assuming nothing else is changed. The correlation between historical values of Xingyuan Environment's Intangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Xingyuan Environment Technology are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Intangible Assets i.e., Xingyuan Environment's Intangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Property Plant Equipment

Most indicators from Xingyuan Environment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xingyuan Environment 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 Xingyuan Environment Technology. 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 77.1 M. The current year's Tax Provision is expected to grow to about 28.8 M

Xingyuan Environment fundamental ratios Correlations

0.680.990.56-0.460.980.880.650.880.440.880.920.860.90.430.850.920.370.120.37-0.760.890.880.930.780.98
0.680.630.60.010.690.710.310.830.290.660.540.50.480.270.440.620.390.210.3-0.420.540.530.710.520.58
0.990.630.5-0.520.970.850.670.850.420.90.930.880.910.390.870.930.30.070.32-0.780.880.860.910.760.99
0.560.60.50.410.670.59-0.170.710.760.240.280.190.290.510.110.250.90.720.870.020.640.610.520.710.46
-0.460.01-0.520.41-0.35-0.32-0.9-0.210.25-0.57-0.73-0.75-0.73-0.05-0.83-0.640.470.570.350.76-0.4-0.36-0.45-0.19-0.57
0.980.690.970.67-0.350.860.510.90.610.80.880.80.870.40.780.850.480.250.52-0.660.930.90.930.880.96
0.880.710.850.59-0.320.860.550.750.340.790.790.760.740.380.690.770.40.390.38-0.660.750.70.870.680.84
0.650.310.67-0.17-0.90.510.550.42-0.280.770.850.850.80.180.910.82-0.25-0.47-0.25-0.880.520.530.640.250.68
0.880.830.850.71-0.210.90.750.420.560.690.760.670.750.490.650.720.530.170.55-0.50.860.810.810.810.83
0.440.290.420.760.250.610.34-0.280.560.10.250.170.330.230.130.150.640.570.810.030.590.540.410.840.44
0.880.660.90.24-0.570.80.790.770.690.10.880.880.810.220.840.960.0-0.15-0.04-0.930.610.630.840.510.86
0.920.540.930.28-0.730.880.790.850.760.250.880.960.980.320.980.940.12-0.130.18-0.890.840.820.910.710.94
0.860.50.880.19-0.750.80.760.850.670.170.880.960.950.340.960.92-0.04-0.140.03-0.920.720.690.880.620.88
0.90.480.910.29-0.730.870.740.80.750.330.810.980.950.360.970.890.1-0.110.21-0.830.860.820.890.750.93
0.430.270.390.51-0.050.40.380.180.490.230.220.320.340.360.260.250.370.160.35-0.130.430.410.270.310.36
0.850.440.870.11-0.830.780.690.910.650.130.840.980.960.970.260.92-0.04-0.270.04-0.90.770.760.850.610.89
0.920.620.930.25-0.640.850.770.820.720.150.960.940.920.890.250.920.04-0.170.02-0.90.720.740.890.570.91
0.370.390.30.90.470.480.4-0.250.530.640.00.12-0.040.10.37-0.040.040.670.930.210.570.580.280.560.28
0.120.210.070.720.570.250.39-0.470.170.57-0.15-0.13-0.14-0.110.16-0.27-0.170.670.680.310.20.120.180.380.07
0.370.30.320.870.350.520.38-0.250.550.81-0.040.180.030.210.350.040.020.930.680.190.640.590.330.720.33
-0.76-0.42-0.780.020.76-0.66-0.66-0.88-0.50.03-0.93-0.89-0.92-0.83-0.13-0.9-0.90.210.310.19-0.52-0.55-0.77-0.43-0.77
0.890.540.880.64-0.40.930.750.520.860.590.610.840.720.860.430.770.720.570.20.64-0.520.970.820.880.9
0.880.530.860.61-0.360.90.70.530.810.540.630.820.690.820.410.760.740.580.120.59-0.550.970.790.820.87
0.930.710.910.52-0.450.930.870.640.810.410.840.910.880.890.270.850.890.280.180.33-0.770.820.790.80.9
0.780.520.760.71-0.190.880.680.250.810.840.510.710.620.750.310.610.570.560.380.72-0.430.880.820.80.79
0.980.580.990.46-0.570.960.840.680.830.440.860.940.880.930.360.890.910.280.070.33-0.770.90.870.90.79
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Xingyuan Environment Account Relationship Matchups

Xingyuan Environment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.6B11.3B11.9B11.1B10.2B5.9B
Other Current Liab490.7M743.2M1.5B120.9M120.7M114.7M
Total Current Liabilities5.8B5.9B6.3B6.3B6.0B3.1B
Total Stockholder Equity2.5B1.9B1.8B1.2B278.9M264.9M
Retained Earnings(206.3M)(763.0M)(795.6M)(1.5B)(2.5B)(2.3B)
Accounts Payable2.8B2.5B2.6B2.2B2.0B1.3B
Cash795.7M1.1B904.6M584.9M732.5M513.7M
Other Assets922.0M698.0M5.8B6.2B7.2B7.5B
Net Receivables1.6B1.1B2.6B1.2B1.2B982.0M
Inventory5.5B124.2M269.0M260.5M277.4M263.5M
Other Current Assets382.9M454.9M556.1M442.2M357.4M180.5M
Total Liab7.8B9.1B9.7B9.6B9.2B9.7B
Intangible Assets544.7M670.5M591.5M562.5M597.8M627.7M
Property Plant Equipment366.6M316.3M331.5M362.3M416.6M313.8M
Other Liab502.9M548.5M743.0M746.7M858.7M901.7M
Long Term Debt1.6B2.5B2.6B2.4B1.9B1.3B
Good Will421.5M300.8M290.9M227.4M57.8M54.9M
Net Tangible Assets1.6B1.5B948.4M966.4M869.7M1.1B
Other Stockholder Equity5.0M(232.9M)(261.6M)(261.6M)(235.4M)(223.7M)
Deferred Long Term Liab6.6M5.0M4.5M4.9M5.7M5.2M
Short Long Term Debt1.5B2.0B1.7B1.3B771.2M1.3B
Total Current Assets8.4B4.1B4.3B3.6B3.4B5.2B
Non Current Assets Total2.2B7.2B7.6B7.5B6.9B5.3B
Non Currrent Assets Other2.2B5.0B6.0B5.9B5.5B3.4B
Non Current Liabilities Total2.0B3.2B3.4B3.3B3.2B2.4B
Non Current Liabilities Other334.2M616.1M703.6M743.4M712.5M558.0M
Net Debt2.2B3.4B3.4B3.1B2.0B2.7B
Net Invested Capital5.5B6.4B6.1B5.0B3.0B4.2B
Net Working Capital2.6B(1.8B)(2.0B)(2.7B)(2.7B)(2.5B)

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Other Information on Investing in Xingyuan Stock

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