Cambricon Investments vs Net Income Analysis

688256 Stock   489.00  3.00  0.61%   
Cambricon Technologies financial indicator trend analysis is way more than just evaluating Cambricon Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cambricon Technologies is a good investment. Please check the relationship between Cambricon Technologies Investments and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cambricon Technologies Corp. 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.

Investments vs Net Income

Investments vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cambricon Technologies Investments account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cambricon Technologies' Investments and Net Income is -0.1. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Net Income in the same time period over historical financial statements of Cambricon Technologies Corp, assuming nothing else is changed. The correlation between historical values of Cambricon Technologies' Investments and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Cambricon Technologies Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Investments i.e., Cambricon Technologies' Investments and Net Income go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Cambricon Technologies financial statement analysis. It represents the amount of money remaining after all of Cambricon Technologies Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Cambricon Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cambricon Technologies 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 Cambricon Technologies Corp. 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.
As of November 26, 2024, Selling General Administrative is expected to decline to about 57.9 M. In addition to that, Tax Provision is expected to decline to about 3.1 M
 2021 2022 2023 2024 (projected)
Interest Income59.5M50.5M48.5M30.0M
Net Interest Income56.0M46.3M45.0M28.2M

Cambricon Technologies fundamental ratios Correlations

-0.38-0.030.980.90.98-0.760.940.910.790.690.860.80.850.920.880.790.460.230.960.980.990.980.940.950.83
-0.380.92-0.54-0.49-0.540.48-0.54-0.33-0.45-0.3-0.46-0.44-0.5-0.09-0.42-0.45-0.20.79-0.4-0.54-0.35-0.53-0.48-0.57-0.47
-0.030.92-0.22-0.13-0.220.14-0.2-0.01-0.12-0.07-0.09-0.11-0.150.23-0.12-0.14-0.120.95-0.06-0.22-0.01-0.22-0.15-0.27-0.12
0.98-0.54-0.220.891.0-0.760.950.880.780.670.850.790.850.870.870.790.470.050.951.00.970.990.940.980.82
0.9-0.49-0.130.890.89-0.910.950.920.840.690.980.870.990.720.870.80.370.120.90.890.870.870.890.850.94
0.98-0.54-0.221.00.89-0.760.960.880.790.660.850.80.840.870.870.790.460.050.961.00.970.990.940.990.82
-0.760.480.14-0.76-0.91-0.76-0.84-0.73-0.84-0.44-0.96-0.91-0.94-0.64-0.6-0.72-0.01-0.03-0.83-0.77-0.71-0.72-0.73-0.78-0.97
0.94-0.54-0.20.950.950.96-0.840.930.870.620.90.890.910.810.870.810.470.060.950.950.910.930.940.950.86
0.91-0.33-0.010.880.920.88-0.730.930.690.710.830.740.870.780.890.650.630.260.870.880.910.890.850.830.75
0.79-0.45-0.120.780.840.79-0.840.870.690.460.860.970.80.710.710.930.10.10.870.790.710.720.890.810.87
0.69-0.3-0.070.670.690.66-0.440.620.710.460.650.50.650.50.880.670.40.20.640.670.70.70.670.590.61
0.86-0.46-0.090.850.980.85-0.960.90.830.860.650.910.980.720.780.820.160.130.90.850.830.820.850.830.99
0.8-0.44-0.110.790.870.8-0.910.890.740.970.50.910.850.720.690.880.050.10.910.80.730.730.840.830.92
0.85-0.5-0.150.850.990.84-0.940.910.870.80.650.980.850.660.80.740.290.080.850.850.820.820.820.810.95
0.92-0.090.230.870.720.87-0.640.810.780.710.50.720.720.660.690.670.320.450.910.870.920.850.810.870.69
0.88-0.42-0.120.870.870.87-0.60.870.890.710.880.780.690.80.690.820.60.180.820.870.880.880.920.80.72
0.79-0.45-0.140.790.80.79-0.720.810.650.930.670.820.880.740.670.820.120.110.840.790.730.740.910.790.83
0.46-0.2-0.120.470.370.46-0.010.470.630.10.40.160.050.290.320.60.120.070.30.460.50.520.460.370.03
0.230.790.950.050.120.05-0.030.060.260.10.20.130.10.080.450.180.110.070.190.050.250.050.13-0.020.09
0.96-0.4-0.060.950.90.96-0.830.950.870.870.640.90.910.850.910.820.840.30.190.950.940.930.920.960.88
0.98-0.54-0.221.00.891.0-0.770.950.880.790.670.850.80.850.870.870.790.460.050.950.970.990.940.980.82
0.99-0.35-0.010.970.870.97-0.710.910.910.710.70.830.730.820.920.880.730.50.250.940.970.980.910.930.78
0.98-0.53-0.220.990.870.99-0.720.930.890.720.70.820.730.820.850.880.740.520.050.930.990.980.920.970.78
0.94-0.48-0.150.940.890.94-0.730.940.850.890.670.850.840.820.810.920.910.460.130.920.940.910.920.920.81
0.95-0.57-0.270.980.850.99-0.780.950.830.810.590.830.830.810.870.80.790.37-0.020.960.980.930.970.920.82
0.83-0.47-0.120.820.940.82-0.970.860.750.870.610.990.920.950.690.720.830.030.090.880.820.780.780.810.82
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Cambricon Technologies Account Relationship Matchups

Cambricon Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B7.3B7.0B5.8B6.4B5.5B
Other Current Liab68.0M22.3M72.8M17.7K34.2K32.5K
Total Current Liabilities238.0M400.6M502.6M542.1M463.2M583.0M
Total Stockholder Equity4.4B6.4B5.9B4.9B5.6B4.4B
Other Liab83.0M74.0M477.5M464.6M534.3M561.0M
Net Tangible Assets4.2B6.2B5.6B4.9B5.6B3.9B
Retained Earnings(854.6M)(1.3B)(2.1B)(3.4B)(4.2B)(4.0B)
Accounts Payable71.2M238.6M176.6M230.4M237.2M150.8M
Cash383.3M4.9B2.9B2.5B4.0B2.5B
Non Current Assets Total217.2M432.2M818.3M1.5B770.5M606.9M
Non Currrent Assets Other3.8M17.2M28.9M6.7M12.6M13.0M
Other Assets11.1M10.7M27.0M41.3M47.5M49.9M
Net Receivables77.3M207.6M478.0M765.6M643.9M350.9M
Non Current Liabilities Total74.0M477.5M506.3M288.5M225.3M267.9M
Inventory51.1M90.6M287.0M287.1M99.4M128.9M
Other Current Assets33.8M1.7B150.0M36.6M36.5M34.7M
Total Liab312.0M878.0M1.0B830.6M688.5M777.8M
Deferred Long Term Liab4.0M6.9M9.8M12.4M14.2M7.3M
Net Invested Capital4.4B6.4B5.9B4.9B5.7B4.4B
Total Current Assets4.5B6.9B6.2B4.3B5.6B4.9B
Net Working Capital4.2B6.5B5.7B3.7B5.2B4.1B
Intangible Assets119.2M260.9M261.0M291.1M149.9M176.1M
Property Plant Equipment40.9M86.0M135.6M378.4M435.1M456.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Cambricon Stock

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