Xinhua Net Receivables vs Total Assets Analysis

601811 Stock

14.58 0.24 1.67%

Xinhua Winshare financial indicator trend analysis is more than just analyzing Xinhua Winshare Publ current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinhua Winshare Publ is a good investment. Please check the relationship between Xinhua Winshare Net Receivables and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinhua Winshare Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinhua Winshare Publ Net Receivables account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Xinhua Winshare's Net Receivables and Total Assets is 0.73. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Xinhua Winshare Publishing, assuming nothing else is changed. The correlation between historical values of Xinhua Winshare's Net Receivables 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 Net Receivables of Xinhua Winshare Publishing 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 Net Receivables i.e., Xinhua Winshare's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Receivables

Total Assets

Total assets refers to the total amount of Xinhua Winshare 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 Xinhua Winshare Publ 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 Xinhua Winshare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinhua Winshare Publ 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 Xinhua Winshare Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is projected to grow to (61.9 M).

	2021	2022	2023	2024 (projected)
Gross Profit	3.8B	4.0B	4.5B	3.6B
Total Revenue	10.5B	10.9B	11.9B	9.6B

Gross Profit Total Revenue

Xinhua Winshare fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.21	0.99	1.0	-0.33	0.99	0.99	0.98	0.97	0.62	0.73	0.76	0.23	0.97	0.2	-0.75	0.99	0.4	-0.82	0.99	-0.45	0.82	0.98	0.52	-0.06	0.9
Other Current Liab	-0.21		-0.1	-0.27	-0.52	-0.15	-0.15	-0.09	-0.26	0.19	0.08	-0.71	-0.06	-0.11	-0.21	-0.09	-0.11	-0.26	0.01	-0.18	0.1	-0.34	-0.24	-0.4	0.34	-0.12
Total Current Liabilities	0.99	-0.1		0.98	-0.42	0.98	0.99	1.0	0.96	0.67	0.78	0.68	0.27	0.98	0.18	-0.8	1.0	0.4	-0.86	0.99	-0.49	0.79	0.97	0.46	-0.04	0.91
Total Stockholder Equity	1.0	-0.27	0.98		-0.29	0.98	0.98	0.96	0.97	0.58	0.69	0.8	0.2	0.95	0.21	-0.71	0.98	0.4	-0.79	0.98	-0.44	0.83	0.98	0.56	-0.05	0.87
Other Liab	-0.33	-0.52	-0.42	-0.29		-0.35	-0.36	-0.43	-0.29	-0.37	-0.34	0.17	0.03	-0.44	0.35	0.41	-0.41	0.16	0.37	-0.33	0.56	-0.22	-0.24	-0.16	-0.14	-0.3
Net Tangible Assets	0.99	-0.15	0.98	0.98	-0.35		0.97	0.97	0.97	0.61	0.69	0.75	0.21	0.96	0.2	-0.73	0.98	0.39	-0.81	0.98	-0.38	0.84	0.98	0.49	-0.06	0.87
Retained Earnings	0.99	-0.15	0.99	0.98	-0.36	0.97		0.99	0.96	0.63	0.76	0.7	0.25	0.98	0.2	-0.79	0.99	0.4	-0.85	0.99	-0.45	0.76	0.97	0.48	0.0	0.89
Accounts Payable	0.98	-0.09	1.0	0.96	-0.43	0.97	0.99		0.94	0.68	0.8	0.64	0.3	0.99	0.18	-0.83	1.0	0.4	-0.88	0.99	-0.51	0.77	0.95	0.43	-0.03	0.9
Cash	0.97	-0.26	0.96	0.97	-0.29	0.97	0.96	0.94		0.49	0.6	0.82	0.11	0.91	0.14	-0.66	0.96	0.31	-0.75	0.96	-0.32	0.75	0.97	0.61	-0.01	0.88
Other Assets	0.62	0.19	0.67	0.58	-0.37	0.61	0.63	0.68	0.49		0.93	0.24	0.67	0.66	0.31	-0.88	0.68	0.69	-0.85	0.69	-0.66	0.71	0.65	-0.25	-0.51	0.67
Net Receivables	0.73	0.08	0.78	0.69	-0.34	0.69	0.76	0.8	0.6	0.93		0.32	0.73	0.8	0.24	-0.93	0.78	0.66	-0.92	0.79	-0.64	0.66	0.73	-0.12	-0.33	0.74
Good Will	0.76	-0.71	0.68	0.8	0.17	0.75	0.7	0.64	0.82	0.24	0.32		0.12	0.64	0.25	-0.37	0.68	0.4	-0.49	0.74	-0.15	0.76	0.81	0.59	-0.29	0.65
Short Term Investments	0.23	-0.06	0.27	0.2	0.03	0.21	0.25	0.3	0.11	0.67	0.73	0.12		0.31	0.06	-0.59	0.27	0.69	-0.56	0.32	-0.35	0.39	0.29	-0.51	-0.61	0.3
Inventory	0.97	-0.11	0.98	0.95	-0.44	0.96	0.98	0.99	0.91	0.66	0.8	0.64	0.31		0.2	-0.83	0.98	0.41	-0.88	0.98	-0.52	0.77	0.93	0.41	-0.02	0.86
Other Current Assets	0.2	-0.21	0.18	0.21	0.35	0.2	0.2	0.18	0.14	0.31	0.24	0.25	0.06	0.2		-0.41	0.17	0.64	-0.4	0.24	-0.16	0.34	0.24	-0.27	-0.29	0.08
Other Stockholder Equity	-0.75	-0.09	-0.8	-0.71	0.41	-0.73	-0.79	-0.83	-0.66	-0.88	-0.93	-0.37	-0.59	-0.83	-0.41		-0.8	-0.7	0.99	-0.82	0.62	-0.67	-0.75	0.12	0.32	-0.71
Total Liab	0.99	-0.11	1.0	0.98	-0.41	0.98	0.99	1.0	0.96	0.68	0.78	0.68	0.27	0.98	0.17	-0.8		0.39	-0.86	0.99	-0.49	0.79	0.97	0.46	-0.05	0.92
Deferred Long Term Liab	0.4	-0.26	0.4	0.4	0.16	0.39	0.4	0.4	0.31	0.69	0.66	0.4	0.69	0.41	0.64	-0.7	0.39		-0.7	0.48	-0.4	0.62	0.45	-0.43	-0.65	0.27
Long Term Investments	-0.82	0.01	-0.86	-0.79	0.37	-0.81	-0.85	-0.88	-0.75	-0.85	-0.92	-0.49	-0.56	-0.88	-0.4	0.99	-0.86	-0.7		-0.88	0.6	-0.74	-0.83	0.01	0.32	-0.76
Total Current Assets	0.99	-0.18	0.99	0.98	-0.33	0.98	0.99	0.99	0.96	0.69	0.79	0.74	0.32	0.98	0.24	-0.82	0.99	0.48	-0.88		-0.47	0.83	0.99	0.42	-0.12	0.9
Intangible Assets	-0.45	0.1	-0.49	-0.44	0.56	-0.38	-0.45	-0.51	-0.32	-0.66	-0.64	-0.15	-0.35	-0.52	-0.16	0.62	-0.49	-0.4	0.6	-0.47		-0.56	-0.39	-0.03	0.39	-0.43
Common Stock	0.82	-0.34	0.79	0.83	-0.22	0.84	0.76	0.77	0.75	0.71	0.66	0.76	0.39	0.77	0.34	-0.67	0.79	0.62	-0.74	0.83	-0.56		0.85	0.25	-0.53	0.7
Property Plant Equipment	0.98	-0.24	0.97	0.98	-0.24	0.98	0.97	0.95	0.97	0.65	0.73	0.81	0.29	0.93	0.24	-0.75	0.97	0.45	-0.83	0.99	-0.39	0.85		0.47	-0.17	0.92
Non Current Assets Total	0.52	-0.4	0.46	0.56	-0.16	0.49	0.48	0.43	0.61	-0.25	-0.12	0.59	-0.51	0.41	-0.27	0.12	0.46	-0.43	0.01	0.42	-0.03	0.25	0.47		0.4	0.45
Non Currrent Assets Other	-0.06	0.34	-0.04	-0.05	-0.14	-0.06	0.0	-0.03	-0.01	-0.51	-0.33	-0.29	-0.61	-0.02	-0.29	0.32	-0.05	-0.65	0.32	-0.12	0.39	-0.53	-0.17	0.4		-0.15
Non Current Liabilities Total	0.9	-0.12	0.91	0.87	-0.3	0.87	0.89	0.9	0.88	0.67	0.74	0.65	0.3	0.86	0.08	-0.71	0.92	0.27	-0.76	0.9	-0.43	0.7	0.92	0.45	-0.15

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Xinhua Winshare Account Relationship Matchups

Xinhua Winshare fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.3B	17.0B	18.8B	20.7B	21.8B	17.4B
Other Current Liab	857.7M	1.3B	1.1B	215.0M	123.9M	117.7M
Total Current Liabilities	5.7B	6.5B	7.3B	7.5B	7.9B	6.3B
Total Stockholder Equity	9.2B	10.1B	11.2B	12.5B	13.1B	10.8B
Other Liab	113.6M	71.4M	64.0M	132.4M	119.1M	85.2M
Net Tangible Assets	7.6B	8.3B	9.3B	10.3B	11.9B	8.9B
Retained Earnings	4.4B	5.3B	6.2B	7.2B	6.9B	5.1B
Accounts Payable	4.3B	4.6B	5.5B	5.5B	5.5B	4.6B
Cash	3.5B	5.8B	6.0B	7.8B	9.1B	4.9B
Other Assets	511.7M	597.4M	561.3M	400.8M	460.9M	497.4M
Net Receivables	2.1B	1.6B	1.6B	1.7B	1.5B	1.6B
Short Term Investments	1.3B	6.5M	20.9K	256.9M	451.5M	438.3M
Inventory	2.2B	2.1B	2.7B	2.6B	2.6B	2.3B
Other Current Assets	78.2M	102.3M	90.7M	448.3M	403.5M	226.2M
Other Stockholder Equity	979.3M	1.0B	1.2B	1.4B	1.3B	1.6B
Total Liab	6.2B	6.9B	7.7B	8.0B	8.4B	6.6B
Deferred Long Term Liab	39.9M	31.1M	17.8M	45.8M	52.7M	43.1M
Total Current Assets	9.1B	10.0B	11.2B	12.8B	14.0B	9.9B
Intangible Assets	382.2M	374.7M	382.0M	392.7M	406.3M	313.3M
Property Plant Equipment	2.4B	2.5B	2.5B	2.9B	3.3B	2.4B
Non Current Assets Total	6.2B	7.0B	7.5B	7.9B	7.8B	7.5B
Non Currrent Assets Other	121.8M	350.9M	791.5M	650.5M	13.5M	12.8M
Non Current Liabilities Total	466.9M	428.7M	323.6M	446.9M	499.2M	346.3M
Short Long Term Debt	60.9M	22.2M	45.3M	18M	46.3M	37.6M
Net Invested Capital	9.2B	10.1B	11.2B	12.5B	13.1B	11.4B
Net Working Capital	3.3B	3.5B	3.9B	5.2B	6.1B	4.3B

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Other Information on Investing in Xinhua Stock

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

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Xinhua Net Receivables vs Total Assets Analysis

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

Correlation Coefficient

Net Receivables

Total Assets

Xinhua Winshare fundamental ratios Correlations

Xinhua Winshare Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xinhua Winshare fundamental ratios Accounts

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Other Information on Investing in Xinhua Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Accounts Payable
Total Current Liabilities	+ 0.99	Total Assets
Net Tangible Assets	+ 0.99	Total Assets

Other Stockholder Equity	- 0.93	Net Receivables
Long Term Investments	- 0.92	Net Receivables
Total Current Assets	- 0.88	Long Term Investments
Long Term Investments	- 0.88	Inventory
Other Stockholder Equity	- 0.88	Other Assets
Long Term Investments	- 0.88	Accounts Payable