China Good Will from 2010 to 2024

CJJD Stock  USD 1.98  0.13  7.03%   
China Jo's Good Will is decreasing over the years with slightly volatile fluctuation. Overall, Good Will is projected to go to about -591.3 K this year. Good Will is an intangible asset that arises when China Jo Jo Drugstores acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2010-12-31
Previous Quarter
0.0
Current Value
-1 M
Quarterly Volatility
546.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check China Jo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Jo's main balance sheet or income statement drivers, such as Interest Expense of 12.9 K, Other Operating Expenses of 97.3 M or EBITDA of 1.3 M, as well as many indicators such as Price To Sales Ratio of 0.0288, Dividend Yield of 0.0 or PTB Ratio of 392. China financial statements analysis is a perfect complement when working with China Jo Valuation or Volatility modules.
  
Check out the analysis of China Jo Correlation against competitors.

Latest China Jo's Good Will Growth Pattern

Below is the plot of the Good Will of China Jo Jo Drugstores over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. China Jo's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in China Jo's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

China Good Will Regression Statistics

Arithmetic Mean(137,755)
Geometric Mean0.00
Coefficient Of Variation(538.47)
Mean Deviation542,355
Median0.00
Standard Deviation741,770
Sample Variance550.2B
Range2.3M
R-Value(0.83)
Mean Square Error189.2B
R-Squared0.68
Significance0.0002
Slope(136,851)
Total Sum of Squares7.7T

China Good Will History

2024-591.3 K
2023-622.4 K
2022-691.5 K
2021-770.1 K
2018-785.6 K
201423.6 K

About China Jo Financial Statements

China Jo stakeholders use historical fundamental indicators, such as China Jo's Good Will, to determine how well the company is positioned to perform in the future. Although China Jo investors may analyze each financial statement separately, they are all interrelated. For example, changes in China Jo's assets and liabilities are reflected in the revenues and expenses on China Jo's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in China Jo Jo Drugstores. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good Will-622.4 K-591.3 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether China Jo Jo is a strong investment it is important to analyze China Jo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Jo's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:
Check out the analysis of China Jo Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Jo. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Jo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.93)
Revenue Per Share
107.003
Quarterly Revenue Growth
(0)
Return On Assets
(0.02)
Return On Equity
(0.27)
The market value of China Jo Jo is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Jo's value that differs from its market value or its book value, called intrinsic value, which is China Jo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Jo's market value can be influenced by many factors that don't directly affect China Jo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Jo's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Jo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Jo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.