Jiajia Total Stockholder Equity vs Non Current Assets Total 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 Total Stockholder Equity and its Non Current Assets Total 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 Stockholder Equity vs Non Current Assets Total

Total Stockholder Equity vs Non Current Assets Total Correlation Analysis

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

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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
Click cells to compare fundamentals

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.