Jiajia Total Operating Expenses vs Net Income From Continuing Ops 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 Total Operating Expenses and its Net Income From Continuing Ops 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.

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiajia Food Group Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiajia Food's Total Operating Expenses and Net Income From Continuing Ops is -0.2. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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 Total Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Jiajia Food Group are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., Jiajia Food's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Net Income From Continuing Ops

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.