Xinke Net Income vs Change To Account Receivables Analysis

600255 Stock

3.99 0.02 0.50%

Xinke Material financial indicator trend analysis is more than just analyzing Xinke Material current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinke Material is a good investment. Please check the relationship between Xinke Material Net Income and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinke Material. 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 Income vs Change To Account Receivables

Net Income vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinke Material Net Income account and Change To Account Receivables. At this time, the significance of the direction appears to have no relationship.

The correlation between Xinke Material's Net Income and Change To Account Receivables is 0.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Xinke Material, assuming nothing else is changed. The correlation between historical values of Xinke Material's Net Income and Change To Account 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 Net Income of Xinke Material are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Net Income i.e., Xinke Material's Net Income and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Xinke Material financial statement analysis. It represents the amount of money remaining after all of Xinke Material operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Account Receivables

Most indicators from Xinke Material's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinke Material 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 Xinke Material. 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 95.3 M, whereas Discontinued Operations is forecasted to decline to (1.2 K).

	2024	2025 (projected)
Other Operating Expenses	12.3M	14.4M
Gross Profit	206.5M	245.1M

Other Operating Expenses Gross Profit

Xinke Material fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Good Will	Other Stockholder Equity	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.31	0.75	0.87	0.04	0.11	0.5	0.32	0.07	0.88	-0.54	0.92	0.65	0.78	0.4	0.67	0.86	0.23	-0.11	0.41	-0.5	-0.52	0.15	0.31	-0.11	0.53
Other Current Liab	0.31		0.48	0.13	-0.14	-0.34	0.44	0.1	0.05	0.24	-0.11	0.41	0.22	0.44	0.15	0.51	0.33	-0.34	-0.49	0.14	-0.44	-0.13	-0.26	-0.39	0.23	0.13
Total Current Liabilities	0.75	0.48		0.34	0.36	-0.48	0.78	0.38	0.23	0.47	-0.53	0.78	0.17	0.98	0.6	0.79	0.69	-0.28	-0.63	0.0	-0.66	-0.15	-0.43	-0.24	0.07	0.49
Total Stockholder Equity	0.87	0.13	0.34		-0.28	0.53	0.12	0.27	-0.06	0.94	-0.47	0.71	0.78	0.36	0.08	0.37	0.77	0.56	0.34	0.5	-0.19	-0.55	0.54	0.56	-0.2	0.25
Other Liab	0.04	-0.14	0.36	-0.28		-0.71	0.66	-0.14	0.2	-0.25	0.03	0.12	-0.46	0.42	0.85	0.52	-0.05	-0.57	-0.67	-0.07	-0.46	-0.13	-0.72	-0.45	0.0	0.52
Retained Earnings	0.11	-0.34	-0.48	0.53	-0.71		-0.74	0.11	-0.06	0.37	-0.08	-0.02	0.53	-0.45	-0.64	-0.55	0.05	0.89	0.95	0.37	0.58	-0.17	0.97	0.86	-0.32	-0.22
Accounts Payable	0.5	0.44	0.78	0.12	0.66	-0.74		-0.01	-0.02	0.28	-0.21	0.56	-0.08	0.77	0.86	0.92	0.44	-0.64	-0.84	0.05	-0.86	-0.34	-0.7	-0.53	0.16	0.51
Cash	0.32	0.1	0.38	0.27	-0.14	0.11	-0.01		0.46	0.19	-0.91	0.19	0.23	0.28	-0.12	0.1	0.45	0.47	0.12	-0.1	0.18	0.13	0.05	-0.03	0.12	-0.17
Other Assets	0.07	0.05	0.23	-0.06	0.2	-0.06	-0.02	0.46		-0.11	-0.43	0.11	-0.01	0.21	0.14	0.13	0.04	0.18	-0.02	-0.1	0.02	0.07	-0.07	-0.1	0.11	0.06
Net Receivables	0.88	0.24	0.47	0.94	-0.25	0.37	0.28	0.19	-0.11		-0.44	0.79	0.67	0.46	0.13	0.45	0.72	0.35	0.18	0.38	-0.37	-0.52	0.41	0.42	-0.14	0.23
Short Term Investments	-0.54	-0.11	-0.53	-0.47	0.03	-0.08	-0.21	-0.91	-0.43	-0.44		-0.43	-0.29	-0.44	-0.09	-0.33	-0.6	-0.43	-0.05	-0.02	0.07	0.11	-0.02	-0.01	0.02	0.03
Inventory	0.92	0.41	0.78	0.71	0.12	-0.02	0.56	0.19	0.11	0.79	-0.43		0.59	0.83	0.42	0.64	0.67	0.04	-0.28	0.46	-0.63	-0.55	0.08	0.24	-0.17	0.65
Other Current Assets	0.65	0.22	0.17	0.78	-0.46	0.53	-0.08	0.23	-0.01	0.67	-0.29	0.59		0.24	-0.21	0.11	0.51	0.55	0.31	0.65	-0.17	-0.57	0.62	0.56	0.08	0.31
Total Liab	0.78	0.44	0.98	0.36	0.42	-0.45	0.77	0.28	0.21	0.46	-0.44	0.83	0.24		0.64	0.78	0.65	-0.27	-0.64	0.15	-0.69	-0.27	-0.39	-0.13	0.03	0.66
Intangible Assets	0.4	0.15	0.6	0.08	0.85	-0.64	0.86	-0.12	0.14	0.13	-0.09	0.42	-0.21	0.64		0.85	0.34	-0.51	-0.69	0.06	-0.66	-0.32	-0.64	-0.37	-0.07	0.57
Common Stock	0.67	0.51	0.79	0.37	0.52	-0.55	0.92	0.1	0.13	0.45	-0.33	0.64	0.11	0.78	0.85		0.66	-0.4	-0.66	0.13	-0.77	-0.4	-0.53	-0.4	0.12	0.46
Property Plant Equipment	0.86	0.33	0.69	0.77	-0.05	0.05	0.44	0.45	0.04	0.72	-0.6	0.67	0.51	0.65	0.34	0.66		0.22	-0.08	0.13	-0.33	-0.24	0.06	0.12	-0.06	0.21
Long Term Debt	0.23	-0.34	-0.28	0.56	-0.57	0.89	-0.64	0.47	0.18	0.35	-0.43	0.04	0.55	-0.27	-0.51	-0.4	0.22		0.86	0.35	0.56	-0.17	0.82	0.76	-0.27	-0.16
Net Tangible Assets	-0.11	-0.49	-0.63	0.34	-0.67	0.95	-0.84	0.12	-0.02	0.18	-0.05	-0.28	0.31	-0.64	-0.69	-0.66	-0.08	0.86		0.12	0.74	0.06	0.89	0.72	-0.27	-0.45
Good Will	0.41	0.14	0.0	0.5	-0.07	0.37	0.05	-0.1	-0.1	0.38	-0.02	0.46	0.65	0.15	0.06	0.13	0.13	0.35	0.12		-0.22	-0.87	0.4	0.53	-0.16	0.67
Other Stockholder Equity	-0.5	-0.44	-0.66	-0.19	-0.46	0.58	-0.86	0.18	0.02	-0.37	0.07	-0.63	-0.17	-0.69	-0.66	-0.77	-0.33	0.56	0.74	-0.22		0.55	0.49	0.36	-0.15	-0.58
Long Term Investments	-0.52	-0.13	-0.15	-0.55	-0.13	-0.17	-0.34	0.13	0.07	-0.52	0.11	-0.55	-0.57	-0.27	-0.32	-0.4	-0.24	-0.17	0.06	-0.87	0.55		-0.18	-0.3	0.12	-0.66
Total Current Assets	0.15	-0.26	-0.43	0.54	-0.72	0.97	-0.7	0.05	-0.07	0.41	-0.02	0.08	0.62	-0.39	-0.64	-0.53	0.06	0.82	0.89	0.4	0.49	-0.18		0.88	-0.26	-0.14
Non Current Assets Total	0.31	-0.39	-0.24	0.56	-0.45	0.86	-0.53	-0.03	-0.1	0.42	-0.01	0.24	0.56	-0.13	-0.37	-0.4	0.12	0.76	0.72	0.53	0.36	-0.3	0.88		-0.45	0.22
Non Currrent Assets Other	-0.11	0.23	0.07	-0.2	0.0	-0.32	0.16	0.12	0.11	-0.14	0.02	-0.17	0.08	0.03	-0.07	0.12	-0.06	-0.27	-0.27	-0.16	-0.15	0.12	-0.26	-0.45		-0.14
Non Current Liabilities Total	0.53	0.13	0.49	0.25	0.52	-0.22	0.51	-0.17	0.06	0.23	0.03	0.65	0.31	0.66	0.57	0.46	0.21	-0.16	-0.45	0.67	-0.58	-0.66	-0.14	0.22	-0.14

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Xinke Material Account Relationship Matchups

Xinke Material fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.1B	3.4B	3.9B	3.8B	4.4B	2.9B
Other Current Liab	168.7M	198.9M	92.7M	72.7M	83.6M	97.2M
Total Current Liabilities	1.7B	1.7B	1.9B	1.9B	2.2B	1.3B
Total Stockholder Equity	1.2B	1.3B	1.4B	1.4B	1.6B	1.5B
Other Liab	10.2M	37.2M	76.4M	109.3M	125.7M	132.0M
Retained Earnings	(1.8B)	(1.8B)	(1.7B)	(1.8B)	(1.6B)	(1.5B)
Accounts Payable	1.1B	1.0B	1.2B	1.2B	1.3B	1.4B
Cash	904.0M	810.5M	840.0M	700.0M	805.0M	752.7M
Other Assets	17.9M	63.9M	111.4M	61.7M	71.0M	51.5M
Net Receivables	380.1M	368.2M	355.5M	414.3M	476.5M	396.3M
Inventory	371.0M	565.7M	584.8M	518.7M	596.5M	395.8M
Other Current Assets	182.0M	118.7M	157.6M	30.6M	35.2M	33.4M
Total Liab	1.7B	1.8B	2.1B	2.1B	2.5B	1.3B
Intangible Assets	36.4M	57.1M	86.9M	84.4M	97.1M	102.0M
Property Plant Equipment	1.1B	962.4M	888.3M	960.8M	1.1B	740.7M
Net Tangible Assets	1.6B	994.5M	1.1B	1.2B	1.1B	1.4B
Total Current Assets	1.9B	1.9B	2.0B	1.8B	1.6B	1.8B
Non Current Assets Total	1.3B	1.4B	1.9B	2.0B	1.8B	1.5B
Non Currrent Assets Other	946.9M	106.0M	43.4M	50.4M	57.9M	55.0M
Non Current Liabilities Total	37.2M	121.5M	207.7M	250.0M	287.5M	159.2M
Short Long Term Debt	375.5M	498.4M	478.3M	537.5M	618.2M	497.8M
Net Invested Capital	1.6B	1.8B	2.0B	2.0B	1.8B	1.8B
Net Working Capital	181.5M	219.9M	89.6M	(57.3M)	(51.6M)	(49.0M)
Property Plant And Equipment Net	888.3M	960.8M	1.4B	1.6B	1.8B	1.3B
Property Plant And Equipment Gross	1.9B	2.0B	2.2B	2.3B	2.6B	2.3B

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Other Information on Investing in Xinke Stock

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

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Xinke Net Income vs Change To Account Receivables Analysis

Net Income vs Change To Account Receivables

Net Income vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Net Income

Change To Account Receivables

Xinke Material fundamental ratios Correlations

Xinke Material Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xinke Material fundamental ratios Accounts

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Other Information on Investing in Xinke Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.98	Total Current Liabilities
Total Current Assets	+ 0.97	Retained Earnings
Net Tangible Assets	+ 0.95	Retained Earnings
Net Receivables	+ 0.94	Total Stockholder Equity
Inventory	+ 0.92	Total Assets
Common Stock	+ 0.92	Accounts Payable

Short Term Investments	- 0.91	Cash
Long Term Investments	- 0.87	Good Will
Other Stockholder Equity	- 0.86	Accounts Payable
Net Tangible Assets	- 0.84	Accounts Payable
Other Stockholder Equity	- 0.77	Common Stock
Accounts Payable	- 0.74	Retained Earnings