Jinhe Total Assets vs Property Plant Equipment 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 Total Assets and its Property Plant Equipment 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.

Total Assets vs Property Plant Equipment

Total Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhe Biotechnology Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jinhe Biotechnology's Total Assets and Property Plant Equipment is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment 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 Total 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 Total Assets of Jinhe Biotechnology Co 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 Total Assets i.e., Jinhe Biotechnology's Total Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Jinhe Biotechnology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Jinhe Biotechnology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Property Plant Equipment

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 7, 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 Income172.0M187.7M215.9M167.7M
Total Revenue2.1B2.2B2.5B1.5B

Jinhe Biotechnology fundamental ratios Correlations

0.970.380.970.820.980.780.940.810.920.921.00.350.920.990.880.980.920.610.980.990.960.770.950.410.22
0.970.290.990.70.980.840.990.730.910.870.970.260.870.970.860.950.870.451.00.960.990.680.870.280.04
0.380.290.290.480.28-0.170.260.490.40.360.380.30.360.330.340.380.290.340.310.360.290.550.520.430.46
0.970.990.290.710.980.840.990.720.90.870.970.330.870.970.820.950.890.470.990.961.00.660.860.260.09
0.820.70.480.710.730.440.650.960.710.780.810.480.780.790.660.820.760.850.720.820.70.90.870.50.49
0.980.980.280.980.730.860.960.720.920.910.970.270.910.980.840.960.90.550.980.970.970.640.860.260.16
0.780.84-0.170.840.440.860.830.40.710.710.780.080.710.80.70.750.760.310.840.770.830.340.610.09-0.07
0.940.990.260.990.650.960.830.680.890.80.950.250.80.940.850.920.860.360.990.920.980.660.840.270.0
0.810.730.490.720.960.720.40.680.70.770.810.40.770.790.670.790.760.720.740.80.730.910.850.520.32
0.920.910.40.90.710.920.710.890.70.830.920.370.830.910.860.930.840.550.930.910.880.650.830.330.15
0.920.870.360.870.780.910.710.80.770.830.90.271.00.940.770.890.790.710.880.960.860.630.830.270.2
1.00.970.380.970.810.970.780.950.810.920.90.340.90.980.890.970.930.580.980.980.960.790.960.450.2
0.350.260.30.330.480.270.080.250.40.370.270.340.270.320.020.430.330.550.260.350.340.410.360.080.51
0.920.870.360.870.780.910.710.80.770.831.00.90.270.940.770.890.790.710.880.960.860.630.830.270.2
0.990.970.330.970.790.980.80.940.790.910.940.980.320.940.860.970.880.610.980.990.960.720.910.330.16
0.880.860.340.820.660.840.70.850.670.860.770.890.020.770.860.820.790.410.890.840.790.730.860.6-0.03
0.980.950.380.950.820.960.750.920.790.930.890.970.430.890.970.820.890.650.950.980.940.740.920.310.32
0.920.870.290.890.760.90.760.860.760.840.790.930.330.790.880.790.890.520.90.880.890.730.90.520.29
0.610.450.340.470.850.550.310.360.720.550.710.580.550.710.610.410.650.520.470.670.450.590.610.240.59
0.981.00.310.990.720.980.840.990.740.930.880.980.260.880.980.890.950.90.470.960.980.70.890.350.06
0.990.960.360.960.820.970.770.920.80.910.960.980.350.960.990.840.980.880.670.960.950.720.910.320.24
0.960.990.291.00.70.970.830.980.730.880.860.960.340.860.960.790.940.890.450.980.950.670.860.250.09
0.770.680.550.660.90.640.340.660.910.650.630.790.410.630.720.730.740.730.590.70.720.670.90.740.32
0.950.870.520.860.870.860.610.840.850.830.830.960.360.830.910.860.920.90.610.890.910.860.90.630.34
0.410.280.430.260.50.260.090.270.520.330.270.450.080.270.330.60.310.520.240.350.320.250.740.630.19
0.220.040.460.090.490.16-0.070.00.320.150.20.20.510.20.16-0.030.320.290.590.060.240.090.320.340.19
Click cells to compare fundamentals

Jinhe Biotechnology Account Relationship Matchups

Jinhe Biotechnology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.4B4.1B4.5B5.5B6.3B6.6B
Short Long Term Debt Total1.3B1.0B1.6B2.3B2.6B2.8B
Other Current Liab1.9M33.1M78.1M14.2M16.3M21.0M
Total Current Liabilities1.4B1.2B1.7B2.3B2.6B2.7B
Total Stockholder Equity1.6B2.4B2.2B2.2B2.6B1.3B
Property Plant And Equipment Net1.0B1.2B1.6B2.1B2.4B2.5B
Current Deferred Revenue75.7M87.4M25.7M212.1M243.9M256.1M
Net Debt1.0B490.4M1.1B1.7B1.9B2.0B
Retained Earnings453.0M481.1M556.3M560.1M644.1M344.1M
Accounts Payable97.0M122.0M263.1M254.9M293.1M307.8M
Cash314.8M517.7M491.4M608.1M699.4M734.3M
Non Current Assets Total2.1B2.4B2.8B3.4B3.9B4.1B
Non Currrent Assets Other69.1M178.6M109.5M58.6M67.4M58.5M
Cash And Short Term Investments314.8M517.7M491.4M608.6M699.9M734.9M
Net Receivables444.7M526.3M534.5M710.8M817.4M858.3M
Liabilities And Stockholders Equity3.4B4.1B4.5B5.5B6.3B6.6B
Non Current Liabilities Total253.9M204.3M415.7M679.8M781.8M820.9M
Inventory447.3M577.2M675.9M670.6M771.1M809.7M
Other Current Assets33.4M28.8M44.7M49.6M57.0M59.9M
Other Stockholder Equity401.2M1.1B736.3M736.3M846.7M506.0M
Total Liab1.6B1.4B2.1B2.9B3.4B3.5B
Total Current Assets1.2B1.6B1.7B2.0B2.3B2.5B
Short Term Debt1.2B921.1M1.3B1.8B2.0B2.1B
Intangible Assets683.4M714.4M710.7M743.7M855.3M436.7M
Other Liab124.6M118.9M117.3M111.8M128.6M104.4M
Property Plant Equipment973.1M1.0B1.2B1.6B1.9B2.0B
Long Term Debt135M87M296.2M497.5M572.1M600.7M
Good Will309.9M296.0M298.9M497.9M572.6M314.3M
Net Tangible Assets677.8M679.4M1.5B1.3B1.5B897.7M
Deferred Long Term Liab68.7M69.4M75.4M88.3M101.6M60.6M
Short Long Term Debt1.1B833.9M1.2B1.7B1.9B2.0B
Short Term Investments(10.3M)(14.0M)(6.2M)507.7K456.9K479.7K
Non Current Liabilities Other76.1M26.2M11.9M11.6M10.5M10.0M
Net Invested Capital2.9B3.4B3.8B4.4B5.1B3.5B
Net Working Capital(132.9M)486.3M81.9M(217.7M)(196.0M)(186.2M)
Property Plant And Equipment Gross1.9B2.1B1.6B3.2B3.7B2.3B
Accumulated Other Comprehensive Income125.5M118.4M148.6M170.0M195.5M155.2M

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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.