Xiamen Net Receivables vs Intangible Assets Analysis

601187 Stock   5.50  0.02  0.36%   
Xiamen Bank financial indicator trend analysis is more than just analyzing Xiamen Bank current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Bank is a good investment. Please check the relationship between Xiamen Bank Net Receivables and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Bank Co. 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 Receivables vs Intangible Assets

Net Receivables vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen Bank Net Receivables account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Xiamen Bank's Net Receivables and Intangible Assets is 0.03. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Xiamen Bank Co, assuming nothing else is changed. The correlation between historical values of Xiamen Bank's Net Receivables and Intangible 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 Net Receivables of Xiamen Bank Co are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Receivables i.e., Xiamen Bank's Net Receivables and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Xiamen Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Bank 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 Bank Co. 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 2.3 B, whereas Tax Provision is projected to grow to (105.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense6.9B7.5B8.2B8.6B
Depreciation And Amortization108.4M259.6M298.6M313.5M

Xiamen Bank fundamental ratios Correlations

0.990.740.910.960.820.950.850.960.20.870.991.00.950.80.970.65-0.140.830.670.80.820.81
0.990.680.920.980.740.940.80.960.110.841.00.980.970.740.970.72-0.070.880.740.840.880.86
0.740.680.540.610.80.650.710.640.480.70.710.740.60.840.620.51-0.050.630.440.640.560.56
0.910.920.540.920.680.830.760.850.090.810.910.910.90.690.960.68-0.060.760.70.670.780.74
0.960.980.610.920.640.910.70.94-0.040.840.970.950.960.660.960.74-0.110.910.760.860.90.89
0.820.740.80.680.640.710.870.710.580.640.780.820.670.820.730.4-0.010.470.410.440.490.46
0.950.940.650.830.910.710.80.990.140.90.950.950.910.770.950.56-0.120.790.570.810.760.77
0.850.80.710.760.70.870.80.810.480.660.820.850.70.750.820.56-0.050.610.580.550.60.63
0.960.960.640.850.940.710.990.810.130.880.970.960.920.740.960.63-0.070.830.650.830.810.81
0.20.110.480.09-0.040.580.140.480.130.10.160.210.030.40.12-0.040.05-0.08-0.06-0.08-0.08-0.08
0.870.840.70.810.840.640.90.660.880.10.870.880.840.860.90.44-0.180.690.40.730.640.61
0.991.00.710.910.970.780.950.820.970.160.870.990.960.780.980.67-0.090.860.690.830.850.83
1.00.980.740.910.950.820.950.850.960.210.880.990.950.810.970.64-0.140.820.660.790.810.8
0.950.970.60.90.960.670.910.70.920.030.840.960.950.710.950.65-0.090.860.660.830.880.8
0.80.740.840.690.660.820.770.750.740.40.860.780.810.710.760.39-0.010.540.320.550.520.43
0.970.970.620.960.960.730.950.820.960.120.90.980.970.950.760.65-0.10.810.660.770.80.78
0.650.720.510.680.740.40.560.560.63-0.040.440.670.640.650.390.650.230.880.980.720.890.88
-0.14-0.07-0.05-0.06-0.11-0.01-0.12-0.05-0.070.05-0.18-0.09-0.14-0.09-0.01-0.10.23-0.010.190.00.15-0.04
0.830.880.630.760.910.470.790.610.83-0.080.690.860.820.860.540.810.88-0.010.870.950.960.97
0.670.740.440.70.760.410.570.580.65-0.060.40.690.660.660.320.660.980.190.870.70.890.89
0.80.840.640.670.860.440.810.550.83-0.080.730.830.790.830.550.770.720.00.950.70.880.92
0.820.880.560.780.90.490.760.60.81-0.080.640.850.810.880.520.80.890.150.960.890.880.92
0.810.860.560.740.890.460.770.630.81-0.080.610.830.80.80.430.780.88-0.040.970.890.920.92
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Xiamen Bank Account Relationship Matchups

Xiamen Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets246.9B285.2B329.5B371.2B390.7B410.2B
Total Stockholder Equity15.3B19.4B22.8B24.2B29.9B31.4B
Property Plant And Equipment Net661.5M679.5M858.7M976.1M1.1B610.3M
Net Debt26.0B30.9B19.6B35.1B49.0B51.4B
Retained Earnings3.8B4.7B5.6B6.7B7.9B8.3B
Cash33.5B37.5B59.9B53.8B54.6B57.3B
Other Assets116.2B149.7B173.1B213.7B245.8B258.1B
Cash And Short Term Investments33.5B37.5B59.9B53.8B61.9B64.9B
Common Stock Shares Outstanding2.4B2.4B2.7B2.8B2.6B2.1B
Liabilities And Stockholders Equity246.9B285.2B329.5B371.2B426.9B448.2B
Other Stockholder Equity9.1B12.0B14.5B14.8B17.0B17.9B
Total Liab231.3B265.5B306.2B346.5B360.1B378.2B
Intangible Assets223.1M507.3M479.9M462.1M551.8M579.4M
Short Long Term Debt Total59.5B68.5B79.5B88.9B102.2B107.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Xiamen Stock

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