Jiangxi Good Will vs Inventory Analysis

002460 Stock

30.18 0.21 0.70%

Jiangxi Ganfeng financial indicator trend analysis is infinitely more than just investigating Jiangxi Ganfeng Lithium recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Ganfeng Lithium is a good investment. Please check the relationship between Jiangxi Ganfeng Good Will and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Ganfeng Lithium. 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.

Good Will vs Inventory

Good Will vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Ganfeng Lithium Good Will account and Inventory. At this time, the significance of the direction appears to have weak relationship.

The correlation between Jiangxi Ganfeng's Good Will and Inventory is 0.37. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Inventory in the same time period over historical financial statements of Jiangxi Ganfeng Lithium, assuming nothing else is changed. The correlation between historical values of Jiangxi Ganfeng's Good Will and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Jiangxi Ganfeng Lithium are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Good Will i.e., Jiangxi Ganfeng's Good Will and Inventory go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Good Will

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.

Inventory

Most indicators from Jiangxi Ganfeng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Ganfeng Lithium 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 Ganfeng Lithium. 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.

The current year's Selling General Administrative is expected to grow to about 383.3 M. The current year's Tax Provision is expected to grow to about 534.6 M

	2022	2023	2024	2025 (projected)
Operating Income	18.4B	3.6B	439.9M	417.9M
Total Revenue	41.8B	33.0B	18.9B	19.9B

Operating Income Total Revenue

Jiangxi Ganfeng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Good Will	Short Term Investments	Treasury Stock	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets
Total Assets		0.14	0.98	0.99	0.98	0.99	0.88	0.94	0.87	0.98	0.93	0.99	0.99	0.92	0.99	0.99	0.88	0.45	0.05	-0.53	1.0	-0.78	0.86	0.76	0.93	0.88
Other Current Liab	0.14		0.13	0.14	0.05	0.05	0.29	0.39	0.09	0.08	0.0	0.1	0.06	0.31	0.21	0.07	0.42	0.0	0.66	-0.49	0.17	-0.15	0.43	0.47	0.15	0.18
Total Current Liabilities	0.98	0.13		0.94	0.93	0.99	0.79	0.89	0.8	0.94	0.88	1.0	0.99	0.9	0.96	0.97	0.83	0.54	-0.04	-0.48	0.97	-0.73	0.82	0.72	0.96	0.78
Total Stockholder Equity	0.99	0.14	0.94		0.99	0.96	0.94	0.94	0.93	0.99	0.93	0.95	0.96	0.92	0.99	0.96	0.88	0.36	0.15	-0.57	0.99	-0.8	0.87	0.77	0.86	0.94
Retained Earnings	0.98	0.05	0.93	0.99		0.96	0.93	0.9	0.93	0.99	0.95	0.94	0.96	0.89	0.97	0.96	0.83	0.35	0.11	-0.52	0.98	-0.79	0.82	0.72	0.85	0.93
Accounts Payable	0.99	0.05	0.99	0.96	0.96		0.83	0.89	0.87	0.97	0.9	0.99	0.99	0.89	0.97	0.97	0.82	0.49	-0.01	-0.47	0.98	-0.76	0.8	0.7	0.92	0.84
Cash	0.88	0.29	0.79	0.94	0.93	0.83		0.89	0.95	0.92	0.85	0.8	0.82	0.87	0.9	0.83	0.86	0.15	0.45	-0.65	0.9	-0.74	0.85	0.79	0.69	0.97
Other Assets	0.94	0.39	0.89	0.94	0.9	0.89	0.89		0.85	0.92	0.82	0.9	0.9	0.92	0.97	0.89	0.94	0.37	0.22	-0.62	0.95	-0.8	0.93	0.82	0.83	0.87
Net Receivables	0.87	0.09	0.8	0.93	0.93	0.87	0.95	0.85		0.95	0.81	0.8	0.83	0.84	0.89	0.81	0.79	0.21	0.32	-0.57	0.9	-0.72	0.79	0.71	0.65	0.97
Inventory	0.98	0.08	0.94	0.99	0.99	0.97	0.92	0.92	0.95		0.91	0.94	0.95	0.92	0.98	0.94	0.87	0.37	0.13	-0.57	0.98	-0.76	0.86	0.77	0.84	0.93
Other Current Assets	0.93	0.0	0.88	0.93	0.95	0.9	0.85	0.82	0.81	0.91		0.91	0.92	0.87	0.9	0.96	0.8	0.32	0.0	-0.53	0.91	-0.67	0.79	0.72	0.88	0.86
Total Liab	0.99	0.1	1.0	0.95	0.94	0.99	0.8	0.9	0.8	0.94	0.91		0.99	0.9	0.97	0.99	0.84	0.52	-0.06	-0.48	0.98	-0.73	0.82	0.73	0.97	0.79
Intangible Assets	0.99	0.06	0.99	0.96	0.96	0.99	0.82	0.9	0.83	0.95	0.92	0.99		0.88	0.97	0.99	0.82	0.5	-0.05	-0.45	0.98	-0.77	0.81	0.69	0.95	0.82
Common Stock	0.92	0.31	0.9	0.92	0.89	0.89	0.87	0.92	0.84	0.92	0.87	0.9	0.88		0.94	0.9	0.96	0.38	0.16	-0.78	0.93	-0.58	0.95	0.94	0.86	0.85
Property Plant Equipment	0.99	0.21	0.96	0.99	0.97	0.97	0.9	0.97	0.89	0.98	0.9	0.97	0.97	0.94		0.96	0.92	0.42	0.12	-0.58	0.99	-0.78	0.91	0.8	0.9	0.89
Long Term Debt	0.99	0.07	0.97	0.96	0.96	0.97	0.83	0.89	0.81	0.94	0.96	0.99	0.99	0.9	0.96		0.85	0.46	-0.06	-0.5	0.97	-0.72	0.84	0.74	0.96	0.83
Other Liab	0.88	0.42	0.83	0.88	0.83	0.82	0.86	0.94	0.79	0.87	0.8	0.84	0.82	0.96	0.92	0.85		0.28	0.26	-0.74	0.89	-0.6	1.0	0.95	0.8	0.83
Good Will	0.45	0.0	0.54	0.36	0.35	0.49	0.15	0.37	0.21	0.37	0.32	0.52	0.5	0.38	0.42	0.46	0.28		-0.42	0.0	0.43	-0.32	0.28	0.21	0.56	0.15
Short Term Investments	0.05	0.66	-0.04	0.15	0.11	-0.01	0.45	0.22	0.32	0.13	0.0	-0.06	-0.05	0.16	0.12	-0.06	0.26	-0.42		-0.36	0.1	-0.15	0.27	0.32	-0.15	0.35
Treasury Stock	-0.53	-0.49	-0.48	-0.57	-0.52	-0.47	-0.65	-0.62	-0.57	-0.57	-0.53	-0.48	-0.45	-0.78	-0.58	-0.5	-0.74	0.0	-0.36		-0.56	0.11	-0.76	-0.87	-0.48	-0.61
Net Tangible Assets	1.0	0.17	0.97	0.99	0.98	0.98	0.9	0.95	0.9	0.98	0.91	0.98	0.98	0.93	0.99	0.97	0.89	0.43	0.1	-0.56		-0.79	0.87	0.78	0.91	0.89
Other Stockholder Equity	-0.78	-0.15	-0.73	-0.8	-0.79	-0.76	-0.74	-0.8	-0.72	-0.76	-0.67	-0.73	-0.77	-0.58	-0.78	-0.72	-0.6	-0.32	-0.15	0.11	-0.79		-0.56	-0.37	-0.63	-0.73
Deferred Long Term Liab	0.86	0.43	0.82	0.87	0.82	0.8	0.85	0.93	0.79	0.86	0.79	0.82	0.81	0.95	0.91	0.84	1.0	0.28	0.27	-0.76	0.87	-0.56		0.95	0.78	0.83
Long Term Investments	0.76	0.47	0.72	0.77	0.72	0.7	0.79	0.82	0.71	0.77	0.72	0.73	0.69	0.94	0.8	0.74	0.95	0.21	0.32	-0.87	0.78	-0.37	0.95		0.71	0.75
Short Long Term Debt	0.93	0.15	0.96	0.86	0.85	0.92	0.69	0.83	0.65	0.84	0.88	0.97	0.95	0.86	0.9	0.96	0.8	0.56	-0.15	-0.48	0.91	-0.63	0.78	0.71		0.67
Total Current Assets	0.88	0.18	0.78	0.94	0.93	0.84	0.97	0.87	0.97	0.93	0.86	0.79	0.82	0.85	0.89	0.83	0.83	0.15	0.35	-0.61	0.89	-0.73	0.83	0.75	0.67

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Jiangxi Ganfeng Account Relationship Matchups

Jiangxi Ganfeng fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	22.0B	39.1B	79.2B	91.7B	100.8B	105.9B
Other Current Liab	605.8M	2.4B	64.0M	36.7M	771.7M	402.2M
Total Current Liabilities	4.1B	8.2B	18.7B	20.3B	31.7B	33.3B
Total Stockholder Equity	10.7B	21.9B	44.0B	47.0B	41.8B	43.9B
Retained Earnings	4.2B	9.0B	28.1B	31.0B	25.2B	26.5B
Accounts Payable	1.0B	2.5B	10.0B	8.9B	12.2B	12.8B
Cash	2.2B	6.3B	9.9B	9.5B	5.9B	6.2B
Other Assets	897.9M	1.1B	2.7B	2.5B	2.9B	3.0B
Net Receivables	1.4B	2.5B	7.9B	4.9B	4.0B	4.2B
Inventory	2.2B	3.3B	10.1B	8.3B	8.6B	9.0B
Other Current Assets	660.1M	379.9M	1.5B	3.1B	2.0B	2.1B
Total Liab	8.6B	12.9B	30.3B	39.4B	53.2B	55.9B
Intangible Assets	3.6B	5.1B	14.3B	18.0B	21.5B	22.6B
Common Stock	1.3B	1.3B	1.4B	2.0B	2.3B	2.4B
Property Plant Equipment	3.2B	6.1B	8.9B	14.4B	16.6B	17.4B
Long Term Debt	3.8B	3.6B	9.1B	15.6B	15.6B	16.4B
Other Liab	291.8M	324.4M	424.7M	457.6M	526.2M	552.5M
Short Term Investments	87.1M	281.4M	216.0M	89.4M	15.5M	14.7M
Net Tangible Assets	8.0B	7.1B	16.8B	30.6B	35.2B	36.9B
Other Stockholder Equity	234.8M	327.3M	331.5M	(501.1M)	(451.0M)	(428.4M)
Deferred Long Term Liab	49.2M	62.9M	93.8M	94.7M	108.9M	114.3M
Short Long Term Debt	1.6B	2.0B	2.1B	6.5B	9.1B	9.5B
Total Current Assets	8.8B	14.6B	32.0B	28.2B	22.0B	13.9B
Non Current Assets Total	13.2B	24.4B	47.2B	63.5B	78.8B	82.8B
Non Currrent Assets Other	971.7M	1.9B	1.7B	1.6B	1.7B	1.2B
Non Current Liabilities Total	4.5B	4.7B	11.6B	19.1B	21.6B	22.7B
Non Current Liabilities Other	38.0M	885.9M	144.6M	129.9M	603.1M	633.2M
Common Stock Shares Outstanding	1.3B	1.4B	2.0B	2.0B	2.3B	1.7B
Net Invested Capital	16.1B	27.5B	55.3B	69.2B	66.5B	36.2B
Net Working Capital	4.7B	6.4B	13.3B	7.9B	(9.7B)	(9.2B)
Capital Stock	1.3B	1.4B	2.0B	2.0B	2.3B	1.8B
Property Plant And Equipment Net	6.1B	8.9B	14.4B	23.6B	35.9B	37.7B
Capital Lease Obligations	24.4M	19.9M	26.2M	12.6M	66.1M	69.4M
Property Plant And Equipment Gross	7.0B	10.1B	14.4B	23.6B	35.9B	37.7B

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Balance Sheet is a snapshot of the financial position of Jiangxi Ganfeng Lithium at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi Ganfeng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi Ganfeng 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.

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Jiangxi Good Will vs Inventory Analysis

Good Will vs Inventory

Good Will vs Inventory Correlation Analysis

Correlation Coefficient

Good Will

Inventory

Jiangxi Ganfeng fundamental ratios Correlations

Jiangxi Ganfeng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangxi Ganfeng fundamental ratios Accounts

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Other Information on Investing in Jiangxi Stock

COMMON DESTINATIONS

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Net Tangible Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Deferred Long Term Liab	+ 1.0	Other Liab
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Long Term Investments	- 0.87	Treasury Stock
Other Stockholder Equity	- 0.8	Other Assets
Other Stockholder Equity	- 0.8	Total Stockholder Equity
Other Stockholder Equity	- 0.79	Net Tangible Assets
Other Stockholder Equity	- 0.79	Retained Earnings
Other Stockholder Equity	- 0.78	Property Plant Equipment