Jiangxi Other Stockholder Equity vs Long Term Investments Analysis

002460 Stock   42.67  1.59  3.87%   
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 Other Stockholder Equity and its Long Term Investments 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.

Other Stockholder Equity vs Long Term Investments

Other Stockholder Equity vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Ganfeng Lithium Other Stockholder Equity account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jiangxi Ganfeng's Other Stockholder Equity and Long Term Investments is -0.32. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Investments 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 Other Stockholder Equity and Long Term Investments 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 Stockholder Equity of Jiangxi Ganfeng Lithium are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Other Stockholder Equity i.e., Jiangxi Ganfeng's Other Stockholder Equity and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Long Term Investments

Long Term Investments is an item on the asset side of Jiangxi Ganfeng balance sheet that represents investments Jiangxi Ganfeng Lithium intends to hold for over a year. Jiangxi Ganfeng Lithium long term investments may include different instruments such as stocks, bonds, real estate and cash.
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 369.1 M, whereas Tax Provision is forecasted to decline to about 556.2 M.
 2021 2022 2023 2024 (projected)
Operating Income3.5B18.4B3.6B2.1B
Total Revenue11.2B41.8B33.0B34.6B

Jiangxi Ganfeng fundamental ratios Correlations

0.01.01.00.990.980.970.940.930.980.941.00.990.921.00.980.88-0.120.43-0.521.0-0.750.860.760.920.99
0.0-0.010.01-0.09-0.110.170.270.08-0.04-0.14-0.05-0.10.170.06-0.10.3-0.080.72-0.470.02-0.070.320.370.010.05
1.0-0.011.01.00.990.980.930.940.980.940.990.990.920.990.970.87-0.130.45-0.531.0-0.730.850.760.910.99
1.00.011.00.990.990.980.940.950.980.930.990.990.920.990.970.88-0.120.45-0.521.0-0.760.860.760.90.99
0.99-0.091.00.990.990.960.90.930.980.950.990.990.890.980.970.83-0.120.39-0.470.99-0.740.810.710.910.98
0.98-0.110.990.990.990.960.880.960.990.910.980.980.880.960.940.81-0.110.41-0.460.98-0.750.790.690.850.98
0.970.170.980.980.960.960.940.960.970.880.960.940.930.970.920.9-0.150.61-0.590.98-0.740.880.810.870.99
0.940.270.930.940.90.880.940.90.910.830.920.90.910.960.890.93-0.120.53-0.590.94-0.780.920.810.850.93
0.930.080.940.950.930.960.960.90.980.780.910.90.870.930.840.83-0.10.57-0.560.93-0.740.820.730.730.98
0.98-0.040.980.980.980.990.970.910.980.890.970.960.910.970.930.86-0.120.45-0.540.98-0.720.850.760.840.99
0.94-0.140.940.930.950.910.880.830.780.890.970.950.880.930.990.81-0.130.27-0.450.94-0.610.790.720.980.9
1.0-0.050.990.990.990.980.960.920.910.970.970.990.920.990.990.86-0.120.39-0.50.99-0.710.850.750.940.97
0.99-0.10.990.990.990.980.940.90.90.960.950.990.870.980.980.82-0.110.36-0.430.98-0.750.810.680.920.96
0.920.170.920.920.890.880.930.910.870.910.880.920.870.940.90.96-0.120.47-0.770.93-0.530.950.940.890.93
1.00.060.990.990.980.960.970.960.930.970.930.990.980.940.970.91-0.120.46-0.550.99-0.740.90.790.920.98
0.98-0.10.970.970.970.940.920.890.840.930.990.990.980.90.970.85-0.120.31-0.470.97-0.670.840.740.970.93
0.880.30.870.880.830.810.90.930.830.860.810.860.820.960.910.85-0.190.55-0.730.88-0.551.00.950.840.89
-0.12-0.08-0.13-0.12-0.12-0.11-0.15-0.12-0.1-0.12-0.13-0.12-0.11-0.12-0.12-0.12-0.19-0.280.21-0.130.03-0.17-0.19-0.13-0.14
0.430.720.450.450.390.410.610.530.570.450.270.390.360.470.460.310.55-0.28-0.490.45-0.390.550.560.310.52
-0.52-0.47-0.53-0.52-0.47-0.46-0.59-0.59-0.56-0.54-0.45-0.5-0.43-0.77-0.55-0.47-0.730.21-0.49-0.530.03-0.75-0.87-0.51-0.56
1.00.021.01.00.990.980.980.940.930.980.940.990.980.930.990.970.88-0.130.45-0.53-0.750.870.770.920.99
-0.75-0.07-0.73-0.76-0.74-0.75-0.74-0.78-0.74-0.72-0.61-0.71-0.75-0.53-0.74-0.67-0.550.03-0.390.03-0.75-0.52-0.32-0.57-0.73
0.860.320.850.860.810.790.880.920.820.850.790.850.810.950.90.841.0-0.170.55-0.750.87-0.520.950.820.88
0.760.370.760.760.710.690.810.810.730.760.720.750.680.940.790.740.95-0.190.56-0.870.77-0.320.950.760.79
0.920.010.910.90.910.850.870.850.730.840.980.940.920.890.920.970.84-0.130.31-0.510.92-0.570.820.760.86
0.990.050.990.990.980.980.990.930.980.990.90.970.960.930.980.930.89-0.140.52-0.560.99-0.730.880.790.86
Click cells to compare fundamentals

Jiangxi Ganfeng Account Relationship Matchups

Jiangxi Ganfeng fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.2B22.0B39.1B79.2B91.7B96.3B
Other Current Liab151.7M605.8M2.4B64.0M36.7M34.9M
Total Current Liabilities3.3B4.1B8.2B18.7B20.3B21.3B
Total Stockholder Equity8.4B10.7B21.9B44.0B47.0B49.4B
Retained Earnings3.6B4.2B9.0B28.1B31.0B32.5B
Accounts Payable1.0B1.0B2.5B10.0B8.9B9.4B
Cash1.7B2.2B6.3B9.9B9.5B10.0B
Other Assets897.9M1.1B2.7B2.5B2.9B3.0B
Net Receivables1.2B1.4B3.4B7.9B4.9B5.2B
Inventory2.3B2.2B3.3B10.1B8.3B8.7B
Other Current Assets409.9M660.1M379.9M1.5B3.1B3.3B
Total Liab5.8B8.6B12.9B30.3B39.4B41.4B
Intangible Assets384.8M3.6B5.1B14.3B18.0B18.9B
Common Stock1.3B1.3B1.4B2.0B2.3B2.4B
Property Plant Equipment3.2B6.1B8.9B14.4B16.6B17.4B
Long Term Debt2.4B3.8B3.6B9.1B15.6B16.4B
Other Liab291.8M324.4M424.7M457.6M526.2M552.5M
Short Term Investments12.9M87.1M281.4M216.0M89.4M139.0M
Net Tangible Assets8.0B7.1B16.8B30.6B35.2B36.9B
Other Stockholder Equity234.8M327.3M331.5M(501.1M)(451.0M)(428.4M)
Deferred Long Term Liab49.2M62.9M93.8M94.7M108.9M114.3M
Short Long Term Debt1.1B1.6B2.0B2.1B6.5B6.9B
Total Current Assets5.7B8.8B14.6B32.0B28.2B29.6B
Non Current Assets Total8.5B13.2B24.4B47.2B63.5B66.7B
Non Currrent Assets Other967.6M971.7M1.9B1.7B1.6B1.1B
Non Current Liabilities Total2.5B4.5B4.7B11.6B19.1B20.1B
Common Stock Shares Outstanding1.3B1.3B1.4B2.0B2.0B1.7B
Net Invested Capital11.7B16.1B27.5B55.3B69.2B72.6B
Net Working Capital2.5B4.7B6.4B13.3B7.9B6.4B
Capital Stock1.3B1.3B1.4B2.0B2.0B1.7B

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Other Information on Investing in Jiangxi Stock

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.