Fujian Net Income vs Selling General Administrative Analysis

600753 Stock   7.33  0.27  3.82%   
Fujian Oriental financial indicator trend analysis is much more than just examining Fujian Oriental Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Oriental Silver is a good investment. Please check the relationship between Fujian Oriental Net Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Oriental Silver. 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 Selling General Administrative

Net Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Oriental Silver Net Income account and Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fujian Oriental's Net Income and Selling General Administrative is -0.68. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Fujian Oriental Silver, assuming nothing else is changed. The correlation between historical values of Fujian Oriental's Net Income and Selling General Administrative 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 Fujian Oriental Silver are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Net Income i.e., Fujian Oriental's Net Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

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

Selling General Administrative

Most indicators from Fujian Oriental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Oriental Silver 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 Fujian Oriental Silver. 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 26.5 M, whereas Tax Provision is forecasted to decline to about 456.9 K.
 2021 2023 2024 (projected)
Other Operating Expenses3.9M4.5M4.7M
Gross Profit23.3M11.9M11.3M

Fujian Oriental fundamental ratios Correlations

0.69-0.40.45-0.14-0.450.360.830.60.660.23-0.210.670.870.740.590.42-0.470.860.630.710.430.890.730.430.87
0.69-0.8-0.140.2-0.58-0.090.190.180.82-0.2-0.110.410.530.90.610.45-0.40.880.860.510.290.690.80.50.84
-0.4-0.80.26-0.410.540.240.00.11-0.540.43-0.04-0.35-0.43-0.65-0.59-0.220.03-0.63-0.83-0.48-0.41-0.5-0.59-0.31-0.55
0.45-0.140.26-0.42-0.030.620.760.760.10.62-0.19-0.030.310.11-0.10.19-0.010.15-0.040.10.10.140.070.260.13
-0.140.2-0.41-0.42-0.67-0.23-0.27-0.3-0.12-0.250.140.10.0-0.080.18-0.170.19-0.10.180.070.080.01-0.09-0.18-0.07
-0.45-0.580.54-0.03-0.67-0.32-0.24-0.36-0.27-0.210.15-0.23-0.34-0.42-0.4-0.240.02-0.44-0.58-0.35-0.35-0.41-0.48-0.21-0.44
0.36-0.090.240.62-0.23-0.320.620.69-0.120.860.110.120.12-0.060.2-0.150.180.030.020.220.320.10.08-0.150.04
0.830.190.00.76-0.27-0.240.620.720.290.51-0.110.590.750.330.350.16-0.290.480.230.580.370.630.340.190.48
0.60.180.110.76-0.3-0.360.690.720.410.8-0.430.010.280.42-0.110.51-0.380.390.190.03-0.030.240.340.530.33
0.660.82-0.540.1-0.12-0.27-0.120.290.41-0.04-0.260.240.40.940.20.65-0.710.820.630.18-0.080.480.650.780.68
0.23-0.20.430.62-0.25-0.210.860.510.8-0.040.02-0.09-0.12-0.1-0.16-0.03-0.06-0.12-0.2-0.14-0.17-0.13-0.14-0.02-0.12
-0.21-0.11-0.04-0.190.140.150.11-0.11-0.43-0.260.020.25-0.22-0.40.39-0.890.44-0.37-0.190.180.04-0.2-0.49-0.75-0.37
0.670.41-0.35-0.030.1-0.230.120.590.010.24-0.090.250.790.270.72-0.16-0.240.50.370.870.50.780.33-0.170.51
0.870.53-0.430.310.0-0.340.120.750.280.4-0.12-0.220.790.550.640.29-0.320.760.550.840.610.950.650.250.8
0.740.9-0.650.11-0.08-0.42-0.060.330.420.94-0.1-0.40.270.550.340.73-0.570.940.810.360.180.640.860.80.84
0.590.61-0.59-0.10.18-0.40.20.35-0.110.2-0.160.390.720.640.34-0.250.120.510.630.840.740.740.49-0.250.6
0.420.45-0.220.19-0.17-0.24-0.150.160.510.65-0.03-0.89-0.160.290.73-0.25-0.610.640.44-0.09-0.090.320.670.950.57
-0.47-0.40.03-0.010.190.020.18-0.29-0.38-0.71-0.060.44-0.24-0.32-0.570.12-0.61-0.5-0.120.060.34-0.36-0.35-0.61-0.47
0.860.88-0.630.15-0.1-0.440.030.480.390.82-0.12-0.370.50.760.940.510.64-0.50.80.620.420.840.930.650.94
0.630.86-0.83-0.040.18-0.580.020.230.190.63-0.2-0.190.370.550.810.630.44-0.120.80.550.50.650.810.470.75
0.710.51-0.480.10.07-0.350.220.580.030.18-0.140.180.870.840.360.84-0.090.060.620.550.770.850.55-0.120.65
0.430.29-0.410.10.08-0.350.320.37-0.03-0.08-0.170.040.50.610.180.74-0.090.340.420.50.770.60.56-0.150.44
0.890.69-0.50.140.01-0.410.10.630.240.48-0.13-0.20.780.950.640.740.32-0.360.840.650.850.60.760.250.91
0.730.8-0.590.07-0.09-0.480.080.340.340.65-0.14-0.490.330.650.860.490.67-0.350.930.810.550.560.760.620.9
0.430.5-0.310.26-0.18-0.21-0.150.190.530.78-0.02-0.75-0.170.250.8-0.250.95-0.610.650.47-0.12-0.150.250.620.51
0.870.84-0.550.13-0.07-0.440.040.480.330.68-0.12-0.370.510.80.840.60.57-0.470.940.750.650.440.910.90.51
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Fujian Oriental Account Relationship Matchups

Fujian Oriental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets449.0M592.8M476.6M400.4M460.5M366.4M
Total Stockholder Equity201.9M223.2M268.7M286.5M235.6M159.9M
Accounts Payable69.4M48.2M21.9M26.2M76.2M40.9M
Cash67.0M102.6M60.1M60.6M38.5M48.4M
Other Assets8.3M8.9M8.9M26.8M30.8M29.3M
Total Liab216.8M335.7M171.0M79.5M224.9M139.5M
Intangible Assets1.1M1.5M1.4M1.3M3.7M2.6M
Property Plant Equipment563.5K1.2M1.6M7.9M7.1M6.8M
Other Current Liab62.6M204.5M135.1M6.2M4.2M3.9M
Total Current Liabilities216.8M335.7M165.8M78.6M163.7M155.8M
Net Tangible Assets182.4M200.8M221.6M267.2M307.3M215.6M
Retained Earnings(67.6M)(46.2M)(96.3M)(82.3M)(133.7M)(140.4M)
Non Current Assets Total11.1M12.0M64.9M58.6M160.5M168.6M
Non Currrent Assets Other8.0M9.0M11.1M678.8K610.9K580.3K
Net Receivables132.3M164.4M187.5M139.2M184.6M121.6M
Other Current Assets183.2M210.4M134.3M653.7K6.4M6.1M
Total Current Assets437.9M580.8M411.7M341.8M300.0M372.6M
Net Invested Capital276.9M296.3M274.7M288.5M250.5M272.0M
Net Working Capital221.1M245.2M245.9M263.1M136.2M226.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Fujian Stock

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