Jiangxi Retained Earnings 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 Retained Earnings 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.

Retained Earnings vs Long Term Investments

Retained Earnings 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 Retained Earnings account and Long Term Investments. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jiangxi Ganfeng's Retained Earnings and Long Term Investments is 0.71. Overlapping area represents the amount of variation of Retained Earnings 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 Retained Earnings 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 Retained Earnings 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 Retained Earnings i.e., Jiangxi Ganfeng's Retained Earnings and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.71

Relationship Direction	Positive
Relationship Strength	Significant

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Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 Income	3.5B	18.4B	3.6B	2.1B
Total Revenue	11.2B	41.8B	33.0B	34.6B

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		0.0	1.0	1.0	0.99	0.98	0.97	0.94	0.93	0.98	0.94	1.0	0.99	0.92	1.0	0.98	0.88	-0.12	0.43	-0.52	1.0	-0.75	0.86	0.76	0.92	0.99
Other Current Liab	0.0		-0.01	0.01	-0.09	-0.11	0.17	0.27	0.08	-0.04	-0.14	-0.05	-0.1	0.17	0.06	-0.1	0.3	-0.08	0.72	-0.47	0.02	-0.07	0.32	0.37	0.01	0.05
Total Current Liabilities	1.0	-0.01		1.0	1.0	0.99	0.98	0.93	0.94	0.98	0.94	0.99	0.99	0.92	0.99	0.97	0.87	-0.13	0.45	-0.53	1.0	-0.73	0.85	0.76	0.91	0.99
Total Stockholder Equity	1.0	0.01	1.0		0.99	0.99	0.98	0.94	0.95	0.98	0.93	0.99	0.99	0.92	0.99	0.97	0.88	-0.12	0.45	-0.52	1.0	-0.76	0.86	0.76	0.9	0.99
Retained Earnings	0.99	-0.09	1.0	0.99		0.99	0.96	0.9	0.93	0.98	0.95	0.99	0.99	0.89	0.98	0.97	0.83	-0.12	0.39	-0.47	0.99	-0.74	0.81	0.71	0.91	0.98
Accounts Payable	0.98	-0.11	0.99	0.99	0.99		0.96	0.88	0.96	0.99	0.91	0.98	0.98	0.88	0.96	0.94	0.81	-0.11	0.41	-0.46	0.98	-0.75	0.79	0.69	0.85	0.98
Cash	0.97	0.17	0.98	0.98	0.96	0.96		0.94	0.96	0.97	0.88	0.96	0.94	0.93	0.97	0.92	0.9	-0.15	0.61	-0.59	0.98	-0.74	0.88	0.81	0.87	0.99
Other Assets	0.94	0.27	0.93	0.94	0.9	0.88	0.94		0.9	0.91	0.83	0.92	0.9	0.91	0.96	0.89	0.93	-0.12	0.53	-0.59	0.94	-0.78	0.92	0.81	0.85	0.93
Net Receivables	0.93	0.08	0.94	0.95	0.93	0.96	0.96	0.9		0.98	0.78	0.91	0.9	0.87	0.93	0.84	0.83	-0.1	0.57	-0.56	0.93	-0.74	0.82	0.73	0.73	0.98
Inventory	0.98	-0.04	0.98	0.98	0.98	0.99	0.97	0.91	0.98		0.89	0.97	0.96	0.91	0.97	0.93	0.86	-0.12	0.45	-0.54	0.98	-0.72	0.85	0.76	0.84	0.99
Other Current Assets	0.94	-0.14	0.94	0.93	0.95	0.91	0.88	0.83	0.78	0.89		0.97	0.95	0.88	0.93	0.99	0.81	-0.13	0.27	-0.45	0.94	-0.61	0.79	0.72	0.98	0.9
Total Liab	1.0	-0.05	0.99	0.99	0.99	0.98	0.96	0.92	0.91	0.97	0.97		0.99	0.92	0.99	0.99	0.86	-0.12	0.39	-0.5	0.99	-0.71	0.85	0.75	0.94	0.97
Intangible Assets	0.99	-0.1	0.99	0.99	0.99	0.98	0.94	0.9	0.9	0.96	0.95	0.99		0.87	0.98	0.98	0.82	-0.11	0.36	-0.43	0.98	-0.75	0.81	0.68	0.92	0.96
Common Stock	0.92	0.17	0.92	0.92	0.89	0.88	0.93	0.91	0.87	0.91	0.88	0.92	0.87		0.94	0.9	0.96	-0.12	0.47	-0.77	0.93	-0.53	0.95	0.94	0.89	0.93
Property Plant Equipment	1.0	0.06	0.99	0.99	0.98	0.96	0.97	0.96	0.93	0.97	0.93	0.99	0.98	0.94		0.97	0.91	-0.12	0.46	-0.55	0.99	-0.74	0.9	0.79	0.92	0.98
Long Term Debt	0.98	-0.1	0.97	0.97	0.97	0.94	0.92	0.89	0.84	0.93	0.99	0.99	0.98	0.9	0.97		0.85	-0.12	0.31	-0.47	0.97	-0.67	0.84	0.74	0.97	0.93
Other Liab	0.88	0.3	0.87	0.88	0.83	0.81	0.9	0.93	0.83	0.86	0.81	0.86	0.82	0.96	0.91	0.85		-0.19	0.55	-0.73	0.88	-0.55	1.0	0.95	0.84	0.89
Good Will	-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		-0.28	0.21	-0.13	0.03	-0.17	-0.19	-0.13	-0.14
Short Term Investments	0.43	0.72	0.45	0.45	0.39	0.41	0.61	0.53	0.57	0.45	0.27	0.39	0.36	0.47	0.46	0.31	0.55	-0.28		-0.49	0.45	-0.39	0.55	0.56	0.31	0.52
Treasury Stock	-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	-0.73	0.21	-0.49		-0.53	0.03	-0.75	-0.87	-0.51	-0.56
Net Tangible Assets	1.0	0.02	1.0	1.0	0.99	0.98	0.98	0.94	0.93	0.98	0.94	0.99	0.98	0.93	0.99	0.97	0.88	-0.13	0.45	-0.53		-0.75	0.87	0.77	0.92	0.99
Other Stockholder Equity	-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	-0.55	0.03	-0.39	0.03	-0.75		-0.52	-0.32	-0.57	-0.73
Deferred Long Term Liab	0.86	0.32	0.85	0.86	0.81	0.79	0.88	0.92	0.82	0.85	0.79	0.85	0.81	0.95	0.9	0.84	1.0	-0.17	0.55	-0.75	0.87	-0.52		0.95	0.82	0.88
Long Term Investments	0.76	0.37	0.76	0.76	0.71	0.69	0.81	0.81	0.73	0.76	0.72	0.75	0.68	0.94	0.79	0.74	0.95	-0.19	0.56	-0.87	0.77	-0.32	0.95		0.76	0.79
Short Long Term Debt	0.92	0.01	0.91	0.9	0.91	0.85	0.87	0.85	0.73	0.84	0.98	0.94	0.92	0.89	0.92	0.97	0.84	-0.13	0.31	-0.51	0.92	-0.57	0.82	0.76		0.86
Total Current Assets	0.99	0.05	0.99	0.99	0.98	0.98	0.99	0.93	0.98	0.99	0.9	0.97	0.96	0.93	0.98	0.93	0.89	-0.14	0.52	-0.56	0.99	-0.73	0.88	0.79	0.86

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Jiangxi Ganfeng Account Relationship Matchups

Jiangxi Ganfeng fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.2B	22.0B	39.1B	79.2B	91.7B	96.3B
Other Current Liab	151.7M	605.8M	2.4B	64.0M	36.7M	34.9M
Total Current Liabilities	3.3B	4.1B	8.2B	18.7B	20.3B	21.3B
Total Stockholder Equity	8.4B	10.7B	21.9B	44.0B	47.0B	49.4B
Retained Earnings	3.6B	4.2B	9.0B	28.1B	31.0B	32.5B
Accounts Payable	1.0B	1.0B	2.5B	10.0B	8.9B	9.4B
Cash	1.7B	2.2B	6.3B	9.9B	9.5B	10.0B
Other Assets	897.9M	1.1B	2.7B	2.5B	2.9B	3.0B
Net Receivables	1.2B	1.4B	3.4B	7.9B	4.9B	5.2B
Inventory	2.3B	2.2B	3.3B	10.1B	8.3B	8.7B
Other Current Assets	409.9M	660.1M	379.9M	1.5B	3.1B	3.3B
Total Liab	5.8B	8.6B	12.9B	30.3B	39.4B	41.4B
Intangible Assets	384.8M	3.6B	5.1B	14.3B	18.0B	18.9B
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	2.4B	3.8B	3.6B	9.1B	15.6B	16.4B
Other Liab	291.8M	324.4M	424.7M	457.6M	526.2M	552.5M
Short Term Investments	12.9M	87.1M	281.4M	216.0M	89.4M	139.0M
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	1.1B	1.6B	2.0B	2.1B	6.5B	6.9B
Total Current Assets	5.7B	8.8B	14.6B	32.0B	28.2B	29.6B
Non Current Assets Total	8.5B	13.2B	24.4B	47.2B	63.5B	66.7B
Non Currrent Assets Other	967.6M	971.7M	1.9B	1.7B	1.6B	1.1B
Non Current Liabilities Total	2.5B	4.5B	4.7B	11.6B	19.1B	20.1B
Common Stock Shares Outstanding	1.3B	1.3B	1.4B	2.0B	2.0B	1.7B
Net Invested Capital	11.7B	16.1B	27.5B	55.3B	69.2B	72.6B
Net Working Capital	2.5B	4.7B	6.4B	13.3B	7.9B	6.4B
Capital Stock	1.3B	1.3B	1.4B	2.0B	2.0B	1.7B

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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.

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Jiangxi Retained Earnings vs Long Term Investments Analysis

Retained Earnings vs Long Term Investments

Retained Earnings vs Long Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Investments

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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Total Current Liabilities	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Assets
Total Stockholder Equity	+ 1.0	Total Current Liabilities

Long Term Investments	- 0.87	Treasury Stock
Other Stockholder Equity	- 0.78	Other Assets
Treasury Stock	- 0.77	Common Stock
Other Stockholder Equity	- 0.76	Total Stockholder Equity
Other Stockholder Equity	- 0.75	Net Tangible Assets
Deferred Long Term Liab	- 0.75	Treasury Stock