Xiamen Short Term Investments vs Total Assets Analysis

600153 Stock   9.50  0.09  0.96%   
Xiamen CD financial indicator trend analysis is more than just analyzing Xiamen CD current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen CD is a good investment. Please check the relationship between Xiamen CD Short Term Investments and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen CD. 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.

Short Term Investments vs Total Assets

Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen CD Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xiamen CD's Short Term Investments and Total Assets is 0.91. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Xiamen CD, assuming nothing else is changed. The correlation between historical values of Xiamen CD's Short Term Investments 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 Short Term Investments of Xiamen CD 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 Short Term Investments i.e., Xiamen CD's Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of Xiamen CD balance sheet. It contains any investments Xiamen CD undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Xiamen CD can easily liquidate in the marketplace.

Total Assets

Total assets refers to the total amount of Xiamen CD 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 CD 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 CD's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen CD 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 CD. 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 13.6 B, whereas Tax Provision is forecasted to decline to about 3.7 B.
 2021 2022 2023 2024 (projected)
Operating Income15.9B19.6B18.2B19.2B
Total Revenue707.8B832.8B763.7B801.9B

Xiamen CD fundamental ratios Correlations

0.471.00.990.980.970.950.990.960.970.410.990.781.00.940.310.990.910.940.90.960.850.690.760.910.37
0.470.50.470.560.470.230.590.530.550.060.60.650.50.280.360.520.170.40.620.470.660.450.50.690.11
1.00.50.990.970.960.940.990.950.970.390.990.781.00.930.310.990.90.950.90.970.860.670.770.920.34
0.990.470.990.970.990.940.970.980.980.460.980.80.990.960.410.980.90.910.880.930.840.730.740.890.39
0.980.560.970.970.960.880.980.960.980.330.980.840.980.910.320.970.810.880.90.920.890.730.710.930.38
0.970.470.960.990.960.910.950.990.990.540.970.840.970.960.450.970.860.850.860.870.810.780.690.870.42
0.950.230.940.940.880.910.90.860.880.410.890.580.940.930.230.910.980.930.80.920.730.570.70.790.33
0.990.590.990.970.980.950.90.940.970.341.00.810.990.890.310.980.860.930.920.960.890.680.770.950.33
0.960.530.950.980.960.990.860.940.990.540.960.880.960.920.480.950.80.830.860.860.830.840.730.880.5
0.970.550.970.980.980.990.880.970.990.50.980.870.980.920.410.970.810.850.890.880.850.810.730.910.46
0.410.060.390.460.330.540.410.340.540.50.390.390.410.490.40.410.40.260.310.210.140.680.360.30.52
0.990.60.990.980.980.970.891.00.960.980.390.830.990.90.360.990.840.910.920.940.880.710.760.940.35
0.780.650.780.80.840.840.580.810.880.870.390.830.80.720.540.810.490.610.740.680.760.790.580.780.46
1.00.51.00.990.980.970.940.990.960.980.410.990.80.930.320.990.890.930.90.960.860.70.760.920.37
0.940.280.930.960.910.960.930.890.920.920.490.90.720.930.360.910.910.840.790.850.730.670.630.790.36
0.310.360.310.410.320.450.230.310.480.410.40.360.540.320.360.390.190.160.420.180.410.490.320.390.25
0.990.520.990.980.970.970.910.980.950.970.410.990.810.990.910.390.860.910.890.940.850.690.730.910.34
0.910.170.90.90.810.860.980.860.80.810.40.840.490.890.910.190.860.90.750.890.670.480.670.740.27
0.940.40.950.910.880.850.930.930.830.850.260.910.610.930.840.160.910.90.830.990.80.510.840.850.28
0.90.620.90.880.90.860.80.920.860.890.310.920.740.90.790.420.890.750.830.870.970.690.810.990.3
0.960.470.970.930.920.870.920.960.860.880.210.940.680.960.850.180.940.890.990.870.850.530.80.890.26
0.850.660.860.840.890.810.730.890.830.850.140.880.760.860.730.410.850.670.80.970.850.650.770.970.27
0.690.450.670.730.730.780.570.680.840.810.680.710.790.70.670.490.690.480.510.690.530.650.650.70.76
0.760.50.770.740.710.690.70.770.730.730.360.760.580.760.630.320.730.670.840.810.80.770.650.810.54
0.910.690.920.890.930.870.790.950.880.910.30.940.780.920.790.390.910.740.850.990.890.970.70.810.3
0.370.110.340.390.380.420.330.330.50.460.520.350.460.370.360.250.340.270.280.30.260.270.760.540.3
Click cells to compare fundamentals

Xiamen CD Account Relationship Matchups

Xiamen CD fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets295.4B387.2B602.5B664.8B820.9B861.9B
Other Current Liab120.3B160.7B286.3B310.0B25.2B24.0B
Total Current Liabilities166.2B212.6B356.2B392.0B457.0B479.9B
Total Stockholder Equity30.9B38.4B50.8B58.5B69.5B73.0B
Other Liab8.0B6.7B16.7B19.6B22.6B23.7B
Retained Earnings26.9B30.1B34.7B37.0B47.3B49.7B
Accounts Payable20.7B23.7B31.9B66.1B93.1B97.7B
Cash35.3B53.8B90.3B96.5B98.3B103.3B
Other Assets19.4B23.3B28.2B29.0B33.4B35.0B
Long Term Debt58.9B71.8B89.1B89.8B104.6B109.8B
Net Receivables34.9B4.6B8.2B13.2B20.9B22.0B
Inventory173.3B222.1B346.8B361.5B370.2B388.7B
Other Current Assets21.8B30.5B37.8B20.7B25.3B26.6B
Total Liab229.3B301.1B465.5B499.4B596.2B626.0B
Intangible Assets709.2M830.3M880.4M1.1B1.8B1.8B
Property Plant Equipment2.1B2.2B2.7B3.8B4.4B4.6B
Short Term Investments670.9M367.2M697.4M1.9B2.8B3.0B
Good Will208.3M205.4M853.6M896.5M1.0B1.1B
Net Tangible Assets31.8B37.4B49.1B56.5B65.0B36.3B
Other Stockholder Equity(30.4M)409.9M2.6B10.2B11.7B12.3B
Deferred Long Term Liab451.4M400.5M770.2M978.3M1.1B593.4M
Short Long Term Debt4.0B1.7B9.0B9.1B9.6B6.2B
Total Current Assets268.2B348.5B550.7B599.2B629.8B358.5B
Non Current Assets Total27.2B38.6B51.8B65.5B191.1B200.6B
Non Currrent Assets Other1.3B2.6B1.1B1.3B5.6B5.9B
Non Current Liabilities Total63.1B88.5B109.3B107.4B139.2B87.5B
Non Current Liabilities Other3.1B10.2B16.5B12.8B14.4B8.7B
Net Debt25.7B19.7B7.9B2.4B15.9B14.8B
Net Invested Capital92.0B111.9B149.0B157.4B183.7B132.5B
Net Working Capital102.0B136.0B194.4B207.2B172.8B151.0B

Currently Active Assets on Macroaxis

Other Information on Investing in Xiamen Stock

Balance Sheet is a snapshot of the financial position of Xiamen CD at a specified time, usually calculated after every quarter, six months, or one year. Xiamen CD Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen CD 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.