Jiajia Other Current Assets vs Property Plant Equipment Analysis

002650 Stock   4.02  0.05  1.26%   
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 Other Current Assets and its Property Plant Equipment 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.

Other Current Assets vs Property Plant Equipment

Other Current Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiajia Food Group Other Current Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jiajia Food's Other Current Assets and Property Plant Equipment is -0.39. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Property Plant Equipment 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 Other Current Assets and Property Plant Equipment 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 Current Assets of Jiajia Food Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Current Assets i.e., Jiajia Food's Other Current Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Property Plant Equipment

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.