Jiangxi Other Liab vs Common Stock Shares Outstanding Analysis

001318 Stock   14.31  0.76  5.61%   
Jiangxi Sunshine financial indicator trend analysis is infinitely more than just investigating Jiangxi Sunshine Dairy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Sunshine Dairy is a good investment. Please check the relationship between Jiangxi Sunshine Other Liab and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Sunshine Dairy. 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.

Other Liab vs Common Stock Shares Outstanding

Other Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Sunshine Dairy Other Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangxi Sunshine's Other Liab and Common Stock Shares Outstanding is 0.7. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Jiangxi Sunshine Dairy, assuming nothing else is changed. The correlation between historical values of Jiangxi Sunshine's Other Liab and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Jiangxi Sunshine Dairy are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Liab i.e., Jiangxi Sunshine's Other Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Jiangxi Sunshine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy. 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 51.4 M, whereas Tax Provision is forecasted to decline to about 7.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.6M1.3M45.8K43.5K
Depreciation And Amortization28.9M36.5M42.0M28.3M

Jiangxi Sunshine fundamental ratios Correlations

-0.550.080.980.72-0.46-0.180.80.890.920.920.960.970.790.70.880.930.140.99-0.740.9-0.940.770.840.350.84
-0.550.17-0.56-0.310.46-0.21-0.24-0.79-0.44-0.31-0.65-0.74-0.38-0.07-0.7-0.740.15-0.570.36-0.430.69-0.33-0.82-0.48-0.54
0.080.17-0.120.670.78-0.980.610.150.37-0.110.17-0.010.360.4-0.220.011.0-0.06-0.70.50.040.510.20.510.41
0.98-0.56-0.120.59-0.60.010.670.850.840.940.920.960.710.610.910.91-0.060.99-0.60.8-0.930.670.790.230.75
0.72-0.310.670.590.09-0.740.950.710.930.560.780.650.90.80.460.670.720.6-0.960.91-0.640.950.750.680.92
-0.460.460.78-0.60.09-0.670.01-0.3-0.23-0.62-0.34-0.51-0.16-0.17-0.71-0.560.74-0.54-0.14-0.040.61-0.02-0.260.2-0.11
-0.18-0.21-0.980.01-0.74-0.67-0.72-0.17-0.48-0.05-0.23-0.07-0.46-0.570.1-0.11-0.98-0.050.77-0.570.07-0.57-0.22-0.51-0.46
0.8-0.240.610.670.950.01-0.720.680.940.70.780.70.820.880.580.730.660.7-0.970.94-0.730.870.680.530.84
0.89-0.790.150.850.71-0.3-0.170.680.840.640.970.950.750.440.760.870.210.87-0.730.86-0.840.770.990.530.9
0.92-0.440.370.840.93-0.23-0.480.940.840.810.930.860.920.840.720.850.440.85-0.90.96-0.850.930.830.550.94
0.92-0.31-0.110.940.56-0.62-0.050.70.640.810.790.830.670.750.860.83-0.050.92-0.550.72-0.880.610.580.110.63
0.96-0.650.170.920.78-0.34-0.230.780.970.930.790.960.820.590.790.890.230.93-0.780.92-0.890.840.940.460.93
0.97-0.74-0.010.960.65-0.51-0.070.70.950.860.830.960.740.570.920.960.050.97-0.690.84-0.960.70.920.430.83
0.79-0.380.360.710.9-0.16-0.460.820.750.920.670.820.740.820.540.720.440.69-0.790.83-0.70.960.790.730.94
0.7-0.070.40.610.8-0.17-0.570.880.440.840.750.590.570.820.550.660.450.6-0.770.74-0.670.750.470.50.68
0.88-0.7-0.220.910.46-0.710.10.580.760.720.860.790.920.540.550.96-0.170.91-0.530.66-0.970.450.730.240.59
0.93-0.740.010.910.67-0.56-0.110.730.870.850.830.890.960.720.660.960.060.91-0.710.8-0.990.650.860.450.77
0.140.151.0-0.060.720.74-0.980.660.210.44-0.050.230.050.440.45-0.170.060.0-0.740.55-0.010.570.260.550.48
0.99-0.57-0.060.990.6-0.54-0.050.70.870.850.920.930.970.690.60.910.910.0-0.640.83-0.940.660.810.240.76
-0.740.36-0.7-0.6-0.96-0.140.77-0.97-0.73-0.9-0.55-0.78-0.69-0.79-0.77-0.53-0.71-0.74-0.64-0.940.68-0.86-0.75-0.65-0.86
0.9-0.430.50.80.91-0.04-0.570.940.860.960.720.920.840.830.740.660.80.550.83-0.94-0.790.890.840.530.92
-0.940.690.04-0.93-0.640.610.07-0.73-0.84-0.85-0.88-0.89-0.96-0.7-0.67-0.97-0.99-0.01-0.940.68-0.79-0.64-0.82-0.37-0.75
0.77-0.330.510.670.95-0.02-0.570.870.770.930.610.840.70.960.750.450.650.570.66-0.860.89-0.640.790.640.97
0.84-0.820.20.790.75-0.26-0.220.680.990.830.580.940.920.790.470.730.860.260.81-0.750.84-0.820.790.660.92
0.35-0.480.510.230.680.2-0.510.530.530.550.110.460.430.730.50.240.450.550.24-0.650.53-0.370.640.660.68
0.84-0.540.410.750.92-0.11-0.460.840.90.940.630.930.830.940.680.590.770.480.76-0.860.92-0.750.970.920.68
Click cells to compare fundamentals

Jiangxi Sunshine Account Relationship Matchups

Jiangxi Sunshine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets718.2M746.6M740.8M1.4B1.4B1.0B
Other Current Liab38.5M32.5M37.5M37.7M1.3M1.2M
Total Current Liabilities162.4M158.0M163.5M72.3M70.5M90.9M
Total Stockholder Equity538.5M566.6M552.3M1.3B1.3B887.9M
Property Plant And Equipment Net166.6M254.9M250.2M247.9M238.5M233.5M
Net Debt(212.9M)(250.7M)(226.9M)(362.4M)(326.2M)(342.5M)
Retained Earnings231.8M245.7M217.1M315.9M376.6M326.3M
Accounts Payable23.8M25.4M25.9M33.7M26.3M27.2M
Cash313.0M350.8M328.8M363.4M487.9M394.0M
Non Current Assets Total229.4M314.4M315.4M424.1M407.3M346.3M
Non Currrent Assets Other35.2M32.7M39.2M151.5M100.7M73.2M
Cash And Short Term Investments313.0M350.8M328.8M393.4M452.4M372.0M
Common Stock Shares Outstanding208.8M209.8M212.0M253.2M282.7M252.0M
Liabilities And Stockholders Equity718.2M746.6M740.8M1.4B1.6B925.4M
Non Current Liabilities Total730.1K7.2M11.8M11.0M11.4M8.2M
Inventory30.7M31.6M42.7M50.7M32.7M39.6M
Other Current Assets100.6M4.8M11.0M450.7M450.6M473.1M
Other Stockholder Equity97.9M109.0M123.3M665.4M765.2M803.5M
Total Liab163.1M165.1M175.3M83.3M81.9M96.8M
Total Current Assets488.8M432.2M425.4M933.7M1.0B686.6M
Intangible Assets26.0M25.4M24.5M23.4M22.5M21.9M

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Other Information on Investing in Jiangxi Stock

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