Nantong Non Current Liabilities Total vs Total Cash From Operating Activities Analysis

603115 Stock   13.60  0.11  0.82%   
Nantong Haixing financial indicator trend analysis is infinitely more than just investigating Nantong Haixing Elec recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nantong Haixing Elec is a good investment. Please check the relationship between Nantong Haixing Non Current Liabilities Total and its Total Cash From Operating Activities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nantong Haixing Electronics. 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.

Non Current Liabilities Total vs Total Cash From Operating Activities

Non Current Liabilities Total vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nantong Haixing Elec Non Current Liabilities Total account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have weak relationship.
The correlation between Nantong Haixing's Non Current Liabilities Total and Total Cash From Operating Activities is 0.38. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Nantong Haixing Electronics, assuming nothing else is changed. The correlation between historical values of Nantong Haixing's Non Current Liabilities Total and Total Cash From Operating Activities 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 Liabilities Total of Nantong Haixing Electronics are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Non Current Liabilities Total i.e., Nantong Haixing's Non Current Liabilities Total and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Cash From Operating Activities

Most indicators from Nantong Haixing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nantong Haixing Elec 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 Nantong Haixing Electronics. 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 Tax Provision is expected to grow to about 23.2 M. The current year's Selling General Administrative is expected to grow to about 51.4 M
 2021 2022 2023 2024 (projected)
Gross Profit453.5M439.0M365.9M349.2M
Total Revenue1.6B1.8B1.8B1.4B

Nantong Haixing fundamental ratios Correlations

-0.510.91.00.960.980.770.950.940.950.910.80.910.88-0.05-0.850.93-0.241.00.590.970.960.920.981.00.99
-0.51-0.26-0.53-0.4-0.5-0.12-0.42-0.52-0.58-0.69-0.46-0.54-0.73-0.410.39-0.320.22-0.47-0.54-0.51-0.42-0.44-0.56-0.56-0.53
0.9-0.260.880.870.850.830.950.870.880.790.750.80.72-0.29-0.860.99-0.060.890.60.870.90.890.880.870.84
1.0-0.530.880.960.980.750.940.930.950.910.790.90.89-0.02-0.840.91-0.250.990.580.970.950.910.971.00.99
0.96-0.40.870.960.970.660.950.850.950.820.710.910.85-0.06-0.810.91-0.390.950.60.980.980.910.970.950.93
0.98-0.50.850.980.970.670.930.90.960.870.760.90.89-0.06-0.810.89-0.260.970.650.990.970.860.970.980.96
0.77-0.120.830.750.660.670.740.830.590.650.840.690.43-0.36-0.680.830.060.810.270.670.640.80.70.750.78
0.95-0.420.950.940.950.930.740.890.950.840.770.90.86-0.08-0.810.97-0.30.940.630.950.960.930.950.930.91
0.94-0.520.870.930.850.90.830.890.850.820.890.910.8-0.09-0.770.9-0.070.950.530.890.830.870.890.930.94
0.95-0.580.880.950.950.960.590.950.850.910.680.850.94-0.03-0.860.9-0.240.920.740.960.980.850.960.950.91
0.91-0.690.790.910.820.870.650.840.820.910.70.760.860.02-0.880.81-0.160.890.640.870.860.840.910.930.9
0.8-0.460.750.790.710.760.840.770.890.680.70.890.57-0.3-0.580.8-0.110.820.570.790.660.870.820.790.82
0.91-0.540.80.90.910.90.690.90.910.850.760.890.79-0.05-0.650.86-0.40.910.60.930.840.930.930.90.9
0.88-0.730.720.890.850.890.430.860.80.940.860.570.790.3-0.720.76-0.330.840.610.870.880.730.870.890.85
-0.05-0.41-0.29-0.02-0.06-0.06-0.36-0.08-0.09-0.030.02-0.3-0.050.30.23-0.26-0.53-0.06-0.37-0.1-0.08-0.14-0.1-0.010.0
-0.850.39-0.86-0.84-0.81-0.81-0.68-0.81-0.77-0.86-0.88-0.58-0.65-0.720.23-0.85-0.09-0.84-0.54-0.8-0.85-0.77-0.83-0.85-0.81
0.93-0.320.990.910.910.890.830.970.90.90.810.80.860.76-0.26-0.85-0.120.920.620.910.920.920.920.90.88
-0.240.22-0.06-0.25-0.39-0.260.06-0.3-0.07-0.24-0.16-0.11-0.4-0.33-0.53-0.09-0.12-0.24-0.01-0.33-0.29-0.37-0.32-0.26-0.28
1.0-0.470.890.990.950.970.810.940.950.920.890.820.910.84-0.06-0.840.92-0.240.530.960.930.920.960.990.99
0.59-0.540.60.580.60.650.270.630.530.740.640.570.60.61-0.37-0.540.62-0.010.530.70.660.560.710.580.51
0.97-0.510.870.970.980.990.670.950.890.960.870.790.930.87-0.1-0.80.91-0.330.960.70.970.920.990.970.95
0.96-0.420.90.950.980.970.640.960.830.980.860.660.840.88-0.08-0.850.92-0.290.930.660.970.870.960.950.91
0.92-0.440.890.910.910.860.80.930.870.850.840.870.930.73-0.14-0.770.92-0.370.920.560.920.870.950.910.91
0.98-0.560.880.970.970.970.70.950.890.960.910.820.930.87-0.1-0.830.92-0.320.960.710.990.960.950.970.95
1.0-0.560.871.00.950.980.750.930.930.950.930.790.90.89-0.01-0.850.9-0.260.990.580.970.950.910.970.99
0.99-0.530.840.990.930.960.780.910.940.910.90.820.90.850.0-0.810.88-0.280.990.510.950.910.910.950.99
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Nantong Haixing Account Relationship Matchups

Nantong Haixing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B2.3B2.4B2.4B1.8B
Other Current Liab15.3M32.4M19.1M121.3K77.9K74.1K
Total Current Liabilities265.0M355.4M321.4M344.0M356.5M323.5M
Total Stockholder Equity1.3B1.2B2.0B2.0B2.0B1.5B
Other Liab8.6M22.0M29.3M32.8M37.7M20.9M
Net Tangible Assets744.1M1.2B1.2B1.9B2.2B1.2B
Retained Earnings600.2M569.9M635.1M580.8M525.5M612.8M
Accounts Payable211.2M269.8M248.1M296.8M309.8M242.1M
Cash505.2M343.1M510.0M681.4M547.9M473.3M
Non Current Assets Total359.9M483.7M551.3M643.0M752.4M510.6M
Other Assets3.7M5.6M9.5M32.9M37.8M39.7M
Net Receivables398.7M310.3M347.7M348.4M367.3M368.2M
Non Current Liabilities Total47.0M29.3M32.8M45.7M48.9M32.1M
Inventory93.0M108.6M141.7M220.4M205.8M137.8M
Other Current Assets5.8M5.4M6.3M12.2M5.2M7.0M
Other Stockholder Equity5.0M6.9M1.0M(1.0M)(913.9K)(868.2K)
Total Liab312.0M384.7M354.2M389.6M405.4M355.6M
Short Long Term Debt58M57.5M10.0M20.0M18.0M26.5M
Total Current Assets1.2B1.1B1.8B1.8B1.6B1.3B
Intangible Assets38.2M37.2M36.1M37.3M63.9M44.5M
Property Plant Equipment283.9M316.1M437.1M482.3M554.6M373.7M
Net Invested Capital1.3B1.2B2.0B2.0B2.0B1.6B
Net Working Capital974.6M792.4M1.5B1.4B1.3B1.1B

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Other Information on Investing in Nantong Stock

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