Xian Net Tangible Assets vs Total Stockholder Equity Analysis

300487 Stock

55.27 2.08 3.91%

Xian Sunresin financial indicator trend analysis is more than just analyzing Xian Sunresin New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xian Sunresin New is a good investment. Please check the relationship between Xian Sunresin Net Tangible Assets and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xian Sunresin New. 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.

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xian Sunresin New Net Tangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.

The correlation between Xian Sunresin's Net Tangible Assets and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Xian Sunresin New, assuming nothing else is changed. The correlation between historical values of Xian Sunresin's Net Tangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Xian Sunresin New are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Tangible Assets i.e., Xian Sunresin's Net Tangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Most indicators from Xian Sunresin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xian Sunresin New 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 Xian Sunresin New. 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 57.8 M. The current year's Tax Provision is expected to grow to about 100.7 M

	2021	2022	2023	2024 (projected)
Gross Profit	532.6M	844.7M	1.2B	1.3B
Total Revenue	1.2B	1.9B	2.5B	2.6B

Gross Profit Total Revenue

Xian Sunresin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets
Total Assets		0.05	0.98	1.0	0.94	0.94	-0.95	1.0	0.98	0.97	0.94	0.62	-0.22	0.97	0.98	0.78	0.87	0.99	-0.25	0.95	0.99	0.99	0.93	0.98	0.95	0.99
Other Current Liab	0.05		0.15	0.01	-0.2	0.14	0.01	0.0	0.11	0.08	0.07	-0.31	0.32	0.07	-0.05	0.3	-0.04	0.0	0.28	-0.02	0.11	0.04	0.03	0.14	0.14	-0.09
Total Current Liabilities	0.98	0.15		0.96	0.89	0.92	-0.94	0.97	0.98	0.95	0.91	0.58	-0.24	0.96	0.96	0.77	0.78	0.98	-0.3	0.9	0.99	0.97	0.9	0.95	0.93	0.96
Total Stockholder Equity	1.0	0.01	0.96		0.95	0.93	-0.96	1.0	0.97	0.97	0.93	0.65	-0.26	0.97	0.98	0.79	0.86	0.98	-0.21	0.97	0.98	0.99	0.93	0.97	0.94	0.99
Other Liab	0.94	-0.2	0.89	0.95		0.93	-0.85	0.95	0.92	0.86	0.95	0.77	-0.23	0.87	0.97	0.76	0.85	0.92	-0.33	0.93	0.92	0.91	0.96	0.88	0.93	0.95
Property Plant And Equipment Net	0.94	0.14	0.92	0.93	0.93		-0.79	0.92	0.96	0.84	1.0	0.67	-0.02	0.84	0.93	0.9	0.84	0.88	-0.22	0.89	0.94	0.88	0.99	0.9	1.0	0.89
Net Debt	-0.95	0.01	-0.94	-0.96	-0.85	-0.79		-0.96	-0.9	-0.98	-0.79	-0.54	0.41	-0.98	-0.93	-0.63	-0.77	-0.97	0.23	-0.92	-0.93	-0.98	-0.78	-0.94	-0.81	-0.97
Retained Earnings	1.0	0.0	0.97	1.0	0.95	0.92	-0.96		0.97	0.97	0.92	0.62	-0.25	0.98	0.98	0.76	0.87	0.99	-0.25	0.96	0.98	0.99	0.92	0.97	0.93	0.99
Accounts Payable	0.98	0.11	0.98	0.97	0.92	0.96	-0.9	0.97		0.94	0.96	0.58	-0.11	0.94	0.96	0.81	0.85	0.97	-0.27	0.91	0.99	0.96	0.94	0.96	0.97	0.95
Cash	0.97	0.08	0.95	0.97	0.86	0.84	-0.98	0.97	0.94		0.84	0.49	-0.31	1.0	0.93	0.67	0.85	0.97	-0.25	0.92	0.97	0.99	0.83	0.98	0.86	0.96
Non Current Assets Total	0.94	0.07	0.91	0.93	0.95	1.0	-0.79	0.92	0.96	0.84		0.7	-0.02	0.84	0.93	0.89	0.85	0.89	-0.23	0.9	0.93	0.88	0.99	0.89	1.0	0.9
Non Currrent Assets Other	0.62	-0.31	0.58	0.65	0.77	0.67	-0.54	0.62	0.58	0.49	0.7		-0.43	0.5	0.72	0.66	0.38	0.56	-0.14	0.73	0.55	0.56	0.72	0.52	0.66	0.65
Other Assets	-0.22	0.32	-0.24	-0.26	-0.23	-0.02	0.41	-0.25	-0.11	-0.31	-0.02	-0.43		-0.31	-0.3	0.13	0.08	-0.28	0.24	-0.33	-0.17	-0.3	-0.05	-0.17	-0.03	-0.34
Cash And Short Term Investments	0.97	0.07	0.96	0.97	0.87	0.84	-0.98	0.98	0.94	1.0	0.84	0.5	-0.31		0.94	0.67	0.84	0.98	-0.26	0.92	0.97	0.99	0.83	0.97	0.86	0.97
Net Receivables	0.98	-0.05	0.96	0.98	0.97	0.93	-0.93	0.98	0.96	0.93	0.93	0.72	-0.3	0.94		0.77	0.81	0.97	-0.31	0.95	0.96	0.97	0.94	0.93	0.93	0.99
Common Stock Shares Outstanding	0.78	0.3	0.77	0.79	0.76	0.9	-0.63	0.76	0.81	0.67	0.89	0.66	0.13	0.67	0.77		0.65	0.7	0.13	0.81	0.77	0.71	0.87	0.76	0.89	0.71
Non Current Liabilities Total	0.87	-0.04	0.78	0.86	0.85	0.84	-0.77	0.87	0.85	0.85	0.85	0.38	0.08	0.84	0.81	0.65		0.83	-0.26	0.79	0.87	0.84	0.84	0.88	0.85	0.83
Inventory	0.99	0.0	0.98	0.98	0.92	0.88	-0.97	0.99	0.97	0.97	0.89	0.56	-0.28	0.98	0.97	0.7	0.83		-0.29	0.93	0.98	0.99	0.88	0.96	0.9	0.99
Other Current Assets	-0.25	0.28	-0.3	-0.21	-0.33	-0.22	0.23	-0.25	-0.27	-0.25	-0.23	-0.14	0.24	-0.26	-0.31	0.13	-0.26	-0.29		-0.06	-0.3	-0.24	-0.25	-0.19	-0.22	-0.31
Other Stockholder Equity	0.95	-0.02	0.9	0.97	0.93	0.89	-0.92	0.96	0.91	0.92	0.9	0.73	-0.33	0.92	0.95	0.81	0.79	0.93	-0.06		0.91	0.94	0.9	0.91	0.9	0.95
Total Liab	0.99	0.11	0.99	0.98	0.92	0.94	-0.93	0.98	0.99	0.97	0.93	0.55	-0.17	0.97	0.96	0.77	0.87	0.98	-0.3	0.91		0.98	0.92	0.97	0.95	0.97
Total Current Assets	0.99	0.04	0.97	0.99	0.91	0.88	-0.98	0.99	0.96	0.99	0.88	0.56	-0.3	0.99	0.97	0.71	0.84	0.99	-0.24	0.94	0.98		0.87	0.97	0.9	0.99
Intangible Assets	0.93	0.03	0.9	0.93	0.96	0.99	-0.78	0.92	0.94	0.83	0.99	0.72	-0.05	0.83	0.94	0.87	0.84	0.88	-0.25	0.9	0.92	0.87		0.87	0.99	0.89
Common Stock	0.98	0.14	0.95	0.97	0.88	0.9	-0.94	0.97	0.96	0.98	0.89	0.52	-0.17	0.97	0.93	0.76	0.88	0.96	-0.19	0.91	0.97	0.97	0.87		0.92	0.95
Property Plant Equipment	0.95	0.14	0.93	0.94	0.93	1.0	-0.81	0.93	0.97	0.86	1.0	0.66	-0.03	0.86	0.93	0.89	0.85	0.9	-0.22	0.9	0.95	0.9	0.99	0.92		0.9
Net Tangible Assets	0.99	-0.09	0.96	0.99	0.95	0.89	-0.97	0.99	0.95	0.96	0.9	0.65	-0.34	0.97	0.99	0.71	0.83	0.99	-0.31	0.95	0.97	0.99	0.89	0.95	0.9

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Xian Sunresin Account Relationship Matchups

Xian Sunresin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.3B	2.6B	3.1B	4.6B	5.7B	6.0B
Other Current Liab	83.8M	9.4M	32.0M	47.6M	55.8M	72.9M
Total Current Liabilities	590.0M	694.5M	817.2M	1.7B	1.7B	1.8B
Total Stockholder Equity	1.3B	1.7B	2.1B	2.7B	3.4B	3.6B
Other Liab	3.1M	47.6M	67.7M	85.6M	98.5M	103.4M
Property Plant And Equipment Net	727.2M	716.0M	719.9M	847.7M	920.0M	966.0M
Net Debt	(65.2M)	(397.8M)	(635.4M)	(1.3B)	(1.8B)	(1.7B)
Retained Earnings	628.8M	769.8M	1.0B	1.4B	1.9B	2.0B
Accounts Payable	309.9M	291.6M	262.3M	506.7M	545.7M	572.9M
Cash	400.7M	604.9M	764.2M	1.3B	2.2B	2.4B
Non Current Assets Total	1.2B	1.2B	1.2B	1.4B	1.5B	1.5B
Non Currrent Assets Other	21.2M	229.4M	248.1M	190.8M	151.5M	98.5M
Other Assets	86.2M	64.3M	259.4M	1.0	1.15	1.09
Cash And Short Term Investments	400.7M	606.5M	804.3M	1.5B	2.3B	2.5B
Net Receivables	322.7M	428.2M	623.2M	733.0M	786.4M	825.7M
Common Stock Shares Outstanding	487.4M	468.7M	492.6M	503.9M	508.5M	470.6M
Liabilities And Stockholders Equity	2.3B	2.6B	3.1B	4.6B	5.7B	6.0B
Non Current Liabilities Total	383.1M	185.7M	188.1M	117.7M	525.8M	552.1M
Inventory	315.7M	332.4M	472.5M	962.7M	1.1B	1.2B
Other Current Assets	28.4M	15.6M	15.2M	2.2M	6.1M	5.8M
Other Stockholder Equity	335.1M	583.8M	723.9M	735.9M	919.0M	965.0M
Total Liab	973.2M	880.2M	1.0B	1.8B	2.2B	2.4B
Total Current Assets	1.1B	1.4B	1.9B	3.2B	4.2B	4.4B
Intangible Assets	171.6M	167.2M	202.6M	196.5M	216.0M	226.8M
Common Stock	206.7M	214.6M	219.8M	335.1M	505.0M	530.3M
Property Plant Equipment	727.2M	716.0M	719.9M	847.7M	974.9M	1.0B
Net Tangible Assets	1.1B	1.5B	1.9B	2.5B	2.9B	3.0B
Short Term Investments	(217.7M)	1.6M	40.0M	147.1M	89.4M	93.9M
Deferred Long Term Liab	493.6K	140.2K	56.6K	27.1K	24.4K	23.2K
Short Long Term Debt Total	335.6M	207.1M	128.8M	31.8M	433.9M	235.6M
Long Term Debt	335.6M	118.0M	98.9M	387.0M	445.0M	467.3M
Net Invested Capital	1.6B	1.8B	2.2B	2.8B	3.9B	2.3B
Net Working Capital	477.5M	688.2M	1.1B	1.5B	2.5B	2.6B
Current Deferred Revenue	100.3M	304.4M	496.6M	1.1B	1.1B	580.2M
Short Long Term Debt	0.0	71.0M	3.0M	27.8M	43.1M	64.9M
Capital Stock	206.7M	214.6M	219.8M	335.1M	505.0M	308.6M
Short Term Debt	96.0M	89.2M	26.3M	28.3M	43.7M	83.4M

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

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Xian Net Tangible Assets vs Total Stockholder Equity Analysis

Net Tangible Assets vs Total Stockholder Equity

Net Tangible Assets vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Total Stockholder Equity

Xian Sunresin fundamental ratios Correlations

Xian Sunresin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xian Sunresin fundamental ratios Accounts

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Other Information on Investing in Xian Stock

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Total Current Assets	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Net Tangible Assets	- 0.97	Net Debt
Inventory	- 0.97	Net Debt
Retained Earnings	- 0.96	Net Debt