Jiajia Non Current Liabilities Total vs Intangible Assets Analysis

002650 Stock   4.65  0.22  4.97%   
Jiajia Food financial indicator trend analysis is infinitely more than just investigating Jiajia Food Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiajia Food Group is a good investment. Please check the relationship between Jiajia Food Non Current Liabilities Total and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiajia Food Group. 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.

Non Current Liabilities Total vs Intangible Assets

Non Current Liabilities Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiajia Food Group Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jiajia Food's Non Current Liabilities Total and Intangible Assets is 0.39. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Jiajia Food Group, assuming nothing else is changed. The correlation between historical values of Jiajia Food's Non Current Liabilities Total and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Jiajia Food Group are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Liabilities Total i.e., Jiajia Food's Non Current Liabilities Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Non Current Liabilities Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Jiajia Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiajia Food Group 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 Jiajia Food Group. 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 251 M, whereas Tax Provision is projected to grow to (1.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit351.9M347.0M272.0M362.8M
Interest Income11.0M4.7M3.0M2.9M

Jiajia Food fundamental ratios Correlations

-0.380.330.950.810.29-0.120.58-0.620.86-0.160.450.760.830.86-0.050.550.00.51-0.27-0.570.45-0.190.36-0.34-0.49
-0.380.2-0.46-0.40.290.32-0.760.41-0.570.440.12-0.31-0.4-0.410.77-0.80.17-0.830.160.68-0.670.35-0.080.70.72
0.330.20.020.00.77-0.33-0.070.10.19-0.160.980.480.40.45-0.05-0.020.2-0.250.090.15-0.270.520.00.420.34
0.95-0.460.020.850.060.00.62-0.690.84-0.10.150.640.740.76-0.030.56-0.060.6-0.32-0.640.53-0.360.38-0.48-0.62
0.81-0.40.00.85-0.03-0.260.65-0.280.82-0.380.120.730.80.760.040.61-0.040.69-0.45-0.80.58-0.430.57-0.59-0.76
0.290.290.770.06-0.03-0.32-0.180.010.110.140.730.350.290.430.15-0.17-0.09-0.370.20.35-0.310.2-0.170.350.39
-0.120.32-0.330.0-0.26-0.32-0.46-0.46-0.430.61-0.36-0.58-0.53-0.570.32-0.53-0.02-0.310.090.45-0.390.230.220.240.36
0.58-0.76-0.070.620.65-0.18-0.46-0.270.76-0.670.070.560.690.61-0.550.94-0.010.87-0.11-0.830.87-0.520.09-0.65-0.77
-0.620.410.1-0.69-0.280.01-0.46-0.27-0.39-0.320.02-0.13-0.23-0.260.19-0.250.31-0.340.010.15-0.260.23-0.080.340.28
0.86-0.570.190.840.820.11-0.430.76-0.39-0.450.330.80.940.92-0.20.760.020.7-0.5-0.810.65-0.340.24-0.53-0.74
-0.160.44-0.16-0.1-0.380.140.61-0.67-0.32-0.45-0.22-0.52-0.55-0.390.42-0.640.0-0.560.170.57-0.490.21-0.10.40.5
0.450.120.980.150.120.73-0.360.070.020.33-0.220.570.520.55-0.080.120.19-0.110.050.02-0.110.430.030.310.2
0.76-0.310.480.640.730.35-0.580.56-0.130.8-0.520.570.880.91-0.050.54-0.080.44-0.35-0.570.39-0.220.25-0.33-0.49
0.83-0.40.40.740.80.29-0.530.69-0.230.94-0.550.520.880.95-0.10.68-0.010.59-0.43-0.710.56-0.270.26-0.43-0.63
0.86-0.410.450.760.760.43-0.570.61-0.260.92-0.390.550.910.95-0.080.610.020.5-0.4-0.630.46-0.20.23-0.34-0.54
-0.050.77-0.05-0.030.040.150.32-0.550.19-0.20.42-0.08-0.05-0.1-0.08-0.640.1-0.49-0.210.37-0.40.150.290.410.35
0.55-0.8-0.020.560.61-0.17-0.530.94-0.250.76-0.640.120.540.680.61-0.64-0.090.89-0.08-0.850.91-0.490.01-0.73-0.83
0.00.170.2-0.06-0.04-0.09-0.02-0.010.310.020.00.19-0.08-0.010.020.1-0.09-0.17-0.04-0.15-0.120.560.10.60.29
0.51-0.83-0.250.60.69-0.37-0.310.87-0.340.7-0.56-0.110.440.590.5-0.490.89-0.17-0.25-0.850.86-0.520.35-0.83-0.9
-0.270.160.09-0.32-0.450.20.09-0.110.01-0.50.170.05-0.35-0.43-0.4-0.21-0.08-0.04-0.250.43-0.010.07-0.470.280.45
-0.570.680.15-0.64-0.80.350.45-0.830.15-0.810.570.02-0.57-0.71-0.630.37-0.85-0.15-0.850.43-0.780.43-0.280.660.89
0.45-0.67-0.270.530.58-0.31-0.390.87-0.260.65-0.49-0.110.390.560.46-0.40.91-0.120.86-0.01-0.78-0.580.02-0.73-0.82
-0.190.350.52-0.36-0.430.20.23-0.520.23-0.340.210.43-0.22-0.27-0.20.15-0.490.56-0.520.070.43-0.580.170.760.67
0.36-0.080.00.380.57-0.170.220.09-0.080.24-0.10.030.250.260.230.290.010.10.35-0.47-0.280.020.17-0.16-0.25
-0.340.70.42-0.48-0.590.350.24-0.650.34-0.530.40.31-0.33-0.43-0.340.41-0.730.6-0.830.280.66-0.730.76-0.160.92
-0.490.720.34-0.62-0.760.390.36-0.770.28-0.740.50.2-0.49-0.63-0.540.35-0.830.29-0.90.450.89-0.820.67-0.250.92
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Jiajia Food Account Relationship Matchups

Jiajia Food fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.1B3.0B2.8B2.7B2.5B
Other Current Liab95.9M75.4M82.9M117.4M5.2M4.9M
Total Current Liabilities327.4M498.1M262.3M359.9M463.7M513.9M
Total Stockholder Equity2.3B2.6B2.6B2.3B2.1B1.9B
Retained Earnings978.5M1.1B1.0B851.2M524.5M587.5M
Accounts Payable112.4M87.4M127.8M124.3M92.4M128.0M
Cash389.6M686.7M357.5M143.1M96.2M91.4M
Other Assets28.3M20.2M40.5M32.9M37.8M39.7M
Net Receivables71.4M47.8M36.7M75.7M33.0M54.6M
Inventory367.2M338.2M350.8M348.6M425.3M283.2M
Other Current Assets95.6M93.3M84.3M102.6M38.7M36.7M
Total Liab388.3M571.7M372.1M473.6M568.2M566.9M
Intangible Assets87.3M88.2M84.2M80.0M79.4M62.8M
Property Plant Equipment1.6B1.6B1.5B1.5B1.7B1.2B
Other Liab60.9M73.6M107.5M112.4M129.2M135.7M
Net Tangible Assets2.2B2.5B2.6B2.2B2.6B2.4B
Non Current Assets Total1.8B2.0B2.2B2.1B1.9B2.2B
Non Currrent Assets Other9.9M6.9M7.7M4.7M4.0M3.8M
Non Current Liabilities Total60.9M73.6M109.8M113.7M104.5M86.8M
Short Long Term Debt70.1M289.8M0.096.1M198.3M139.1M
Total Current Assets927.6M1.2B850.0M671.7M716.8M658.2M
Net Invested Capital2.4B2.8B2.6B2.4B2.3B2.7B
Net Working Capital600.2M672.4M587.7M311.8M253.1M438.7M

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Other Information on Investing in Jiajia Stock

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