Jinhe Net Receivables vs Cash Analysis

002688 Stock

4.42 0.06 1.38%

Jinhe Biotechnology financial indicator trend analysis is infinitely more than just investigating Jinhe Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinhe Biotechnology is a good investment. Please check the relationship between Jinhe Biotechnology Net Receivables and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios. 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.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhe Biotechnology Net Receivables account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Jinhe Biotechnology's Net Receivables and Cash is 0.94. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Jinhe Biotechnology Co, assuming nothing else is changed. The correlation between historical values of Jinhe Biotechnology's Net Receivables and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Jinhe Biotechnology Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Jinhe Biotechnology's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Receivables

Cash

Cash refers to the most liquid asset of Jinhe Biotechnology, which is listed under current asset account on Jinhe Biotechnology Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jinhe Biotechnology customers. The amounts must be unrestricted with restricted cash listed in a different Jinhe Biotechnology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Jinhe Biotechnology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinhe Biotechnology 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. 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.

As of February 8, 2025, Selling General Administrative is expected to decline to about 167.5 M. In addition to that, Tax Provision is expected to decline to about 6 M

	2022	2023	2024	2025 (projected)
Operating Income	172.0M	187.7M	215.9M	167.7M
Total Revenue	2.1B	2.2B	2.5B	1.5B

Operating Income Total Revenue

Jinhe Biotechnology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Other Assets
Total Assets		0.97	0.38	0.97	0.82	0.98	0.78	0.94	0.81	0.92	0.92	1.0	0.35	0.92	0.99	0.88	0.98	0.92	0.61	0.98	0.99	0.96	0.77	0.95	0.41	0.22
Short Long Term Debt Total	0.97		0.29	0.99	0.7	0.98	0.84	0.99	0.73	0.91	0.87	0.97	0.26	0.87	0.97	0.86	0.95	0.87	0.45	1.0	0.96	0.99	0.68	0.87	0.28	0.04
Other Current Liab	0.38	0.29		0.29	0.48	0.28	-0.17	0.26	0.49	0.4	0.36	0.38	0.3	0.36	0.33	0.34	0.38	0.29	0.34	0.31	0.36	0.29	0.55	0.52	0.43	0.46
Total Current Liabilities	0.97	0.99	0.29		0.71	0.98	0.84	0.99	0.72	0.9	0.87	0.97	0.33	0.87	0.97	0.82	0.95	0.89	0.47	0.99	0.96	1.0	0.66	0.86	0.26	0.09
Total Stockholder Equity	0.82	0.7	0.48	0.71		0.73	0.44	0.65	0.96	0.71	0.78	0.81	0.48	0.78	0.79	0.66	0.82	0.76	0.85	0.72	0.82	0.7	0.9	0.87	0.5	0.49
Property Plant And Equipment Net	0.98	0.98	0.28	0.98	0.73		0.86	0.96	0.72	0.92	0.91	0.97	0.27	0.91	0.98	0.84	0.96	0.9	0.55	0.98	0.97	0.97	0.64	0.86	0.26	0.16
Current Deferred Revenue	0.78	0.84	-0.17	0.84	0.44	0.86		0.83	0.4	0.71	0.71	0.78	0.08	0.71	0.8	0.7	0.75	0.76	0.31	0.84	0.77	0.83	0.34	0.61	0.09	-0.07
Net Debt	0.94	0.99	0.26	0.99	0.65	0.96	0.83		0.68	0.89	0.8	0.95	0.25	0.8	0.94	0.85	0.92	0.86	0.36	0.99	0.92	0.98	0.66	0.84	0.27	0.0
Retained Earnings	0.81	0.73	0.49	0.72	0.96	0.72	0.4	0.68		0.7	0.77	0.81	0.4	0.77	0.79	0.67	0.79	0.76	0.72	0.74	0.8	0.73	0.91	0.85	0.52	0.32
Accounts Payable	0.92	0.91	0.4	0.9	0.71	0.92	0.71	0.89	0.7		0.83	0.92	0.37	0.83	0.91	0.86	0.93	0.84	0.55	0.93	0.91	0.88	0.65	0.83	0.33	0.15
Cash	0.92	0.87	0.36	0.87	0.78	0.91	0.71	0.8	0.77	0.83		0.9	0.27	1.0	0.94	0.77	0.89	0.79	0.71	0.88	0.96	0.86	0.63	0.83	0.27	0.2
Non Current Assets Total	1.0	0.97	0.38	0.97	0.81	0.97	0.78	0.95	0.81	0.92	0.9		0.34	0.9	0.98	0.89	0.97	0.93	0.58	0.98	0.98	0.96	0.79	0.96	0.45	0.2
Non Currrent Assets Other	0.35	0.26	0.3	0.33	0.48	0.27	0.08	0.25	0.4	0.37	0.27	0.34		0.27	0.32	0.02	0.43	0.33	0.55	0.26	0.35	0.34	0.41	0.36	0.08	0.51
Cash And Short Term Investments	0.92	0.87	0.36	0.87	0.78	0.91	0.71	0.8	0.77	0.83	1.0	0.9	0.27		0.94	0.77	0.89	0.79	0.71	0.88	0.96	0.86	0.63	0.83	0.27	0.2
Net Receivables	0.99	0.97	0.33	0.97	0.79	0.98	0.8	0.94	0.79	0.91	0.94	0.98	0.32	0.94		0.86	0.97	0.88	0.61	0.98	0.99	0.96	0.72	0.91	0.33	0.16
Non Current Liabilities Total	0.88	0.86	0.34	0.82	0.66	0.84	0.7	0.85	0.67	0.86	0.77	0.89	0.02	0.77	0.86		0.82	0.79	0.41	0.89	0.84	0.79	0.73	0.86	0.6	-0.03
Inventory	0.98	0.95	0.38	0.95	0.82	0.96	0.75	0.92	0.79	0.93	0.89	0.97	0.43	0.89	0.97	0.82		0.89	0.65	0.95	0.98	0.94	0.74	0.92	0.31	0.32
Other Current Assets	0.92	0.87	0.29	0.89	0.76	0.9	0.76	0.86	0.76	0.84	0.79	0.93	0.33	0.79	0.88	0.79	0.89		0.52	0.9	0.88	0.89	0.73	0.9	0.52	0.29
Other Stockholder Equity	0.61	0.45	0.34	0.47	0.85	0.55	0.31	0.36	0.72	0.55	0.71	0.58	0.55	0.71	0.61	0.41	0.65	0.52		0.47	0.67	0.45	0.59	0.61	0.24	0.59
Total Liab	0.98	1.0	0.31	0.99	0.72	0.98	0.84	0.99	0.74	0.93	0.88	0.98	0.26	0.88	0.98	0.89	0.95	0.9	0.47		0.96	0.98	0.7	0.89	0.35	0.06
Total Current Assets	0.99	0.96	0.36	0.96	0.82	0.97	0.77	0.92	0.8	0.91	0.96	0.98	0.35	0.96	0.99	0.84	0.98	0.88	0.67	0.96		0.95	0.72	0.91	0.32	0.24
Short Term Debt	0.96	0.99	0.29	1.0	0.7	0.97	0.83	0.98	0.73	0.88	0.86	0.96	0.34	0.86	0.96	0.79	0.94	0.89	0.45	0.98	0.95		0.67	0.86	0.25	0.09
Intangible Assets	0.77	0.68	0.55	0.66	0.9	0.64	0.34	0.66	0.91	0.65	0.63	0.79	0.41	0.63	0.72	0.73	0.74	0.73	0.59	0.7	0.72	0.67		0.9	0.74	0.32
Common Stock	0.95	0.87	0.52	0.86	0.87	0.86	0.61	0.84	0.85	0.83	0.83	0.96	0.36	0.83	0.91	0.86	0.92	0.9	0.61	0.89	0.91	0.86	0.9		0.63	0.34
Other Liab	0.41	0.28	0.43	0.26	0.5	0.26	0.09	0.27	0.52	0.33	0.27	0.45	0.08	0.27	0.33	0.6	0.31	0.52	0.24	0.35	0.32	0.25	0.74	0.63		0.19
Other Assets	0.22	0.04	0.46	0.09	0.49	0.16	-0.07	0.0	0.32	0.15	0.2	0.2	0.51	0.2	0.16	-0.03	0.32	0.29	0.59	0.06	0.24	0.09	0.32	0.34	0.19

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Jinhe Biotechnology Account Relationship Matchups

Jinhe Biotechnology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.4B	4.1B	4.5B	5.5B	6.3B	6.6B
Short Long Term Debt Total	1.3B	1.0B	1.6B	2.3B	2.6B	2.8B
Other Current Liab	1.9M	33.1M	78.1M	14.2M	16.3M	21.0M
Total Current Liabilities	1.4B	1.2B	1.7B	2.3B	2.6B	2.7B
Total Stockholder Equity	1.6B	2.4B	2.2B	2.2B	2.6B	1.3B
Property Plant And Equipment Net	1.0B	1.2B	1.6B	2.1B	2.4B	2.5B
Current Deferred Revenue	75.7M	87.4M	25.7M	212.1M	243.9M	256.1M
Net Debt	1.0B	490.4M	1.1B	1.7B	1.9B	2.0B
Retained Earnings	453.0M	481.1M	556.3M	560.1M	644.1M	344.1M
Accounts Payable	97.0M	122.0M	263.1M	254.9M	293.1M	307.8M
Cash	314.8M	517.7M	491.4M	608.1M	699.4M	734.3M
Non Current Assets Total	2.1B	2.4B	2.8B	3.4B	3.9B	4.1B
Non Currrent Assets Other	69.1M	178.6M	109.5M	58.6M	67.4M	58.5M
Cash And Short Term Investments	314.8M	517.7M	491.4M	608.6M	699.9M	734.9M
Net Receivables	444.7M	526.3M	534.5M	710.8M	817.4M	858.3M
Liabilities And Stockholders Equity	3.4B	4.1B	4.5B	5.5B	6.3B	6.6B
Non Current Liabilities Total	253.9M	204.3M	415.7M	679.8M	781.8M	820.9M
Inventory	447.3M	577.2M	675.9M	670.6M	771.1M	809.7M
Other Current Assets	33.4M	28.8M	44.7M	49.6M	57.0M	59.9M
Other Stockholder Equity	401.2M	1.1B	736.3M	736.3M	846.7M	506.0M
Total Liab	1.6B	1.4B	2.1B	2.9B	3.4B	3.5B
Total Current Assets	1.2B	1.6B	1.7B	2.0B	2.3B	2.5B
Short Term Debt	1.2B	921.1M	1.3B	1.8B	2.0B	2.1B
Intangible Assets	683.4M	714.4M	710.7M	743.7M	855.3M	436.7M
Other Liab	124.6M	118.9M	117.3M	111.8M	128.6M	104.4M
Property Plant Equipment	973.1M	1.0B	1.2B	1.6B	1.9B	2.0B
Long Term Debt	135M	87M	296.2M	497.5M	572.1M	600.7M
Good Will	309.9M	296.0M	298.9M	497.9M	572.6M	314.3M
Net Tangible Assets	677.8M	679.4M	1.5B	1.3B	1.5B	897.7M
Deferred Long Term Liab	68.7M	69.4M	75.4M	88.3M	101.6M	60.6M
Short Long Term Debt	1.1B	833.9M	1.2B	1.7B	1.9B	2.0B
Short Term Investments	(10.3M)	(14.0M)	(6.2M)	507.7K	456.9K	479.7K
Non Current Liabilities Other	76.1M	26.2M	11.9M	11.6M	10.5M	10.0M
Net Invested Capital	2.9B	3.4B	3.8B	4.4B	5.1B	3.5B
Net Working Capital	(132.9M)	486.3M	81.9M	(217.7M)	(196.0M)	(186.2M)
Property Plant And Equipment Gross	1.9B	2.1B	1.6B	3.2B	3.7B	2.3B
Accumulated Other Comprehensive Income	125.5M	118.4M	148.6M	170.0M	195.5M	155.2M

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Other Information on Investing in Jinhe Stock

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

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Jinhe Net Receivables vs Cash Analysis

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

Correlation Coefficient

Net Receivables

Cash

Jinhe Biotechnology fundamental ratios Correlations

Jinhe Biotechnology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jinhe Biotechnology fundamental ratios Accounts

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Other Information on Investing in Jinhe Stock

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Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Short Long Term Debt Total
Short Term Debt	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets

Current Deferred Revenue	- 0.17	Other Current Liab
Other Assets	- 0.07	Current Deferred Revenue
Other Assets	- 0.03	Non Current Liabilities Total
Other Assets	- 0.0	Net Debt