BaoJi Non Current Assets Total vs Property Plant Equipment Analysis

600456 Stock   29.60  0.16  0.54%   
BaoJi Titanium financial indicator trend analysis is way more than just evaluating BaoJi Titanium Industry prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BaoJi Titanium Industry is a good investment. Please check the relationship between BaoJi Titanium Non Current Assets Total and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BaoJi Titanium Industry. 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.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BaoJi Titanium Industry Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between BaoJi Titanium's Non Current Assets Total and Property Plant Equipment is 0.42. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of BaoJi Titanium Industry, assuming nothing else is changed. The correlation between historical values of BaoJi Titanium's Non Current Assets Total 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 Non Current Assets Total of BaoJi Titanium Industry 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 Non Current Assets Total i.e., BaoJi Titanium's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

Most indicators from BaoJi Titanium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BaoJi Titanium Industry 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 BaoJi Titanium Industry. 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 140.9 M, whereas Tax Provision is forecasted to decline to about 52.2 M.
 2021 2022 2023 2024 (projected)
Operating Income824.9M906.7M904.8M950.1M
Total Revenue5.2B6.6B6.9B7.3B

BaoJi Titanium fundamental ratios Correlations

0.820.750.840.930.690.590.80.990.40.980.740.590.810.53-0.630.680.850.77-0.08-0.560.030.840.590.710.72
0.820.670.720.90.580.560.530.80.590.840.390.30.690.23-0.190.620.670.870.03-0.48-0.180.960.470.790.69
0.750.670.890.630.690.40.480.710.460.770.790.70.860.64-0.610.630.920.72-0.26-0.480.160.740.590.510.37
0.840.720.890.750.720.60.520.810.560.820.890.840.910.56-0.670.670.930.82-0.02-0.42-0.090.790.440.670.51
0.930.90.630.750.560.550.730.940.450.910.540.430.740.24-0.370.570.720.850.06-0.46-0.180.920.460.820.81
0.690.580.690.720.560.680.50.580.440.750.630.440.780.62-0.540.840.80.56-0.3-0.520.290.630.610.30.51
0.590.560.40.60.550.680.520.520.20.670.490.340.660.52-0.360.830.620.55-0.18-0.490.070.590.40.360.38
0.80.530.480.520.730.50.520.8-0.060.820.520.260.580.56-0.440.630.690.55-0.37-0.70.350.640.730.480.61
0.990.80.710.810.940.580.520.80.350.950.720.590.740.47-0.60.60.80.760.02-0.5-0.040.820.540.770.72
0.40.590.460.560.450.440.2-0.060.350.350.320.370.42-0.02-0.210.180.390.50.26-0.06-0.350.510.030.410.31
0.980.840.770.820.910.750.670.820.950.350.710.520.830.6-0.60.770.870.75-0.2-0.630.140.850.670.640.69
0.740.390.790.890.540.630.490.520.720.320.710.930.820.7-0.910.540.860.5-0.13-0.360.090.470.390.390.32
0.590.30.70.840.430.440.340.260.590.370.520.930.70.48-0.820.340.70.450.14-0.08-0.20.360.090.420.19
0.810.690.860.910.740.780.660.580.740.420.830.820.70.6-0.630.710.910.75-0.25-0.490.070.780.520.510.58
0.530.230.640.560.240.620.520.560.47-0.020.60.70.480.6-0.690.690.730.26-0.56-0.660.660.310.750.050.15
-0.63-0.19-0.61-0.67-0.37-0.54-0.36-0.44-0.6-0.21-0.6-0.91-0.82-0.63-0.69-0.38-0.66-0.170.20.28-0.22-0.21-0.32-0.1-0.15
0.680.620.630.670.570.840.830.630.60.180.770.540.340.710.69-0.380.80.65-0.34-0.650.320.690.710.430.42
0.850.670.920.930.720.80.620.690.80.390.870.860.70.910.73-0.660.80.77-0.3-0.630.230.790.70.560.51
0.770.870.720.820.850.560.550.550.760.50.750.50.450.750.26-0.170.650.770.09-0.44-0.220.960.460.90.72
-0.080.03-0.26-0.020.06-0.3-0.18-0.370.020.26-0.2-0.130.14-0.25-0.560.2-0.34-0.30.090.73-0.8-0.06-0.620.410.06
-0.56-0.48-0.48-0.42-0.46-0.52-0.49-0.7-0.5-0.06-0.63-0.36-0.08-0.49-0.660.28-0.65-0.63-0.440.73-0.56-0.55-0.82-0.23-0.42
0.03-0.180.16-0.09-0.180.290.070.35-0.04-0.350.140.09-0.20.070.66-0.220.320.23-0.22-0.8-0.56-0.090.75-0.44-0.11
0.840.960.740.790.920.630.590.640.820.510.850.470.360.780.31-0.210.690.790.96-0.06-0.55-0.090.570.820.74
0.590.470.590.440.460.610.40.730.540.030.670.390.090.520.75-0.320.710.70.46-0.62-0.820.750.570.250.41
0.710.790.510.670.820.30.360.480.770.410.640.390.420.510.05-0.10.430.560.90.41-0.23-0.440.820.250.69
0.720.690.370.510.810.510.380.610.720.310.690.320.190.580.15-0.150.420.510.720.06-0.42-0.110.740.410.69
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BaoJi Titanium Account Relationship Matchups

BaoJi Titanium fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.1B8.7B11.8B12.5B12.5B13.1B
Other Current Liab312.5M635.3M1.2B1.5B847.0M889.4M
Total Current Liabilities2.3B3.0B3.2B3.9B3.7B1.8B
Total Stockholder Equity3.7B4.0B6.0B6.2B6.5B3.4B
Accounts Payable849.8M900.0M1.5B1.6B1.6B1.7B
Cash888.4M929.1M1.6B905.4M921.1M719.8M
Long Term Debt1.6B1.2B1.7B1.5B1.4B747.9M
Net Receivables2.4B1.3B1.5B1.7B2.9B3.0B
Inventory2.1B2.2B3.0B3.6B3.7B3.9B
Other Current Assets55.2M41.7M386.2M249.6M53.9M51.3M
Total Liab4.0B4.4B5.3B5.7B5.3B5.6B
Property Plant Equipment2.3B2.4B3.0B3.3B3.8B2.0B
Retained Earnings933.2M1.2B1.3B1.1B1.4B711.6M
Other Assets199.8M169.1M184.2M160.1M184.2M123.8M
Intangible Assets131.3M125.4M189.9M183.7M178.4M95.1M
Other Liab177.4M165.3M162.1M209.2M240.5M139.1M
Net Tangible Assets3.4B3.6B3.9B5.8B6.7B4.2B
Other Stockholder Equity45.4K41.1K28.3K555.2K499.6K524.6K
Short Long Term Debt1.0B1B400.4M250.2M374.2M625.5M
Total Current Assets5.5B6.0B8.4B8.8B8.7B6.6B
Non Current Assets Total2.6B2.7B3.3B3.6B3.8B3.4B
Non Current Liabilities Total1.8B1.4B2.1B1.8B1.7B1.6B
Net Debt1.7B1.3B509.1M808.5M858.1M826.2M
Net Invested Capital6.4B6.2B8.2B7.9B8.3B7.5B
Net Working Capital3.2B3.0B5.2B4.9B5.0B3.9B

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Other Information on Investing in BaoJi Stock

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