Jiangxi Change To Inventory vs Free Cash Flow Analysis

002748 Stock   7.52  0.11  1.44%   
Jiangxi Selon financial indicator trend analysis is infinitely more than just investigating Jiangxi Selon Industrial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Selon Industrial is a good investment. Please check the relationship between Jiangxi Selon Change To Inventory and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Selon Industrial. 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.

Change To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Selon Industrial Change To Inventory account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jiangxi Selon's Change To Inventory and Free Cash Flow is -0.31. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Jiangxi Selon Industrial, assuming nothing else is changed. The correlation between historical values of Jiangxi Selon's Change To Inventory and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Jiangxi Selon Industrial are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Inventory i.e., Jiangxi Selon's Change To Inventory and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Jiangxi Selon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Selon Industrial 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 Jiangxi Selon Industrial. 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 48.9 M, whereas Tax Provision is forecasted to decline to about 15.9 M.
 2022 2024 2025 (projected)
Other Operating Expenses2.8B3.2B3.3B
Gross Profit459.9M254.0M289.8M

Jiangxi Selon fundamental ratios Correlations

0.650.620.680.920.960.620.340.910.530.720.960.570.720.710.50.850.080.720.750.780.410.770.88-0.920.08
0.650.340.670.350.780.620.920.330.580.120.790.40.120.320.750.65-0.340.10.810.320.750.650.44-0.60.45
0.620.340.90.530.50.210.140.620.110.40.50.30.40.91-0.020.570.10.40.790.890.460.510.42-0.6-0.29
0.680.670.90.470.660.460.510.540.340.320.660.350.320.830.280.66-0.190.260.960.80.690.650.45-0.67-0.05
0.920.350.530.470.830.45-0.010.950.380.840.820.560.840.720.320.680.290.890.510.80.130.620.93-0.9-0.02
0.960.780.50.660.830.730.510.790.670.621.00.540.620.580.710.870.00.610.780.660.420.790.84-0.920.24
0.620.620.210.460.450.730.470.350.670.310.740.060.310.220.750.65-0.040.360.610.310.160.60.53-0.610.33
0.340.920.140.51-0.010.510.470.00.47-0.250.530.29-0.250.060.650.43-0.42-0.230.640.010.760.50.1-0.270.43
0.910.330.620.540.950.790.350.00.360.830.780.550.830.760.210.720.170.750.550.820.230.670.84-0.84-0.19
0.530.580.110.340.380.670.670.470.360.230.680.380.230.120.830.64-0.130.090.530.230.050.490.47-0.590.16
0.720.120.40.320.840.620.31-0.250.830.230.590.281.00.590.180.530.030.750.330.69-0.040.320.81-0.72-0.01
0.960.790.50.660.821.00.740.530.780.680.590.550.590.570.720.87-0.010.590.790.650.430.80.83-0.910.23
0.570.40.30.350.560.540.060.290.550.380.280.550.280.470.230.45-0.070.350.380.450.340.430.54-0.56-0.18
0.720.120.40.320.840.620.31-0.250.830.231.00.590.280.590.180.530.030.750.330.69-0.040.320.81-0.72-0.01
0.710.320.910.830.720.580.220.060.760.120.590.570.470.59-0.020.490.10.60.730.970.440.540.65-0.75-0.23
0.50.75-0.020.280.320.710.750.650.210.830.180.720.230.18-0.020.61-0.130.130.530.10.130.490.44-0.580.54
0.850.650.570.660.680.870.650.430.720.640.530.870.450.530.490.61-0.080.390.760.590.340.710.64-0.75-0.09
0.08-0.340.1-0.190.290.0-0.04-0.420.17-0.130.03-0.01-0.070.030.1-0.13-0.080.55-0.20.18-0.450.010.12-0.11-0.06
0.720.10.40.260.890.610.36-0.230.750.090.750.590.350.750.60.130.390.550.260.69-0.070.390.79-0.720.06
0.750.810.790.960.510.780.610.640.550.530.330.790.380.330.730.530.76-0.20.260.730.650.710.52-0.750.1
0.780.320.890.80.80.660.310.010.820.230.690.650.450.690.970.10.590.180.690.730.30.560.73-0.83-0.2
0.410.750.460.690.130.420.160.760.230.05-0.040.430.34-0.040.440.130.34-0.45-0.070.650.30.490.16-0.260.16
0.770.650.510.650.620.790.60.50.670.490.320.80.430.320.540.490.710.010.390.710.560.490.57-0.680.09
0.880.440.420.450.930.840.530.10.840.470.810.830.540.810.650.440.640.120.790.520.730.160.57-0.890.13
-0.92-0.6-0.6-0.67-0.9-0.92-0.61-0.27-0.84-0.59-0.72-0.91-0.56-0.72-0.75-0.58-0.75-0.11-0.72-0.75-0.83-0.26-0.68-0.89-0.11
0.080.45-0.29-0.05-0.020.240.330.43-0.190.16-0.010.23-0.18-0.01-0.230.54-0.09-0.060.060.1-0.20.160.090.13-0.11
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Jiangxi Selon Account Relationship Matchups

Jiangxi Selon fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B1.9B2.1B2.3B2.6B1.4B
Short Long Term Debt Total567.8M295.3M335.1M320.1M368.1M265.3M
Other Current Liab2.0M2.6M242.2M385.3M443.1M465.2M
Total Current Liabilities576.9M414.3M572.0M864.1M993.8M1.0B
Total Stockholder Equity969.6M1.2B1.3B1.3B1.5B911.7M
Property Plant And Equipment Net1.2B1.2B1.1B1.1B1.3B792.1M
Current Deferred Revenue160.0M209.1M19.8M111.4M128.1M78.2M
Net Debt460.6M137.4M181.3M155.2M178.5M115.2M
Retained Earnings316.6M492.6M664.9M676.6M778.0M394.1M
Accounts Payable135.6M173.4M142.1M97.8M112.5M114.7M
Cash107.2M157.8M153.8M164.9M189.6M114.7M
Non Current Assets Total1.5B1.4B1.4B1.3B1.5B934.4M
Non Currrent Assets Other14.8M16.3M102.3M37.3M42.8M30.5M
Cash And Short Term Investments107.2M157.8M153.8M164.9M189.6M114.7M
Net Receivables189.1M138.2M390.3M600.4M690.5M725.0M
Liabilities And Stockholders Equity1.9B1.9B2.1B2.3B2.6B1.4B
Non Current Liabilities Total293.3M269.1M169.2M52.4M60.3M85.0M
Inventory99.3M176.8M173.1M147.1M169.2M88.9M
Other Current Assets10.0M12.1M37.3M25.0M28.8M21.8M
Total Liab870.2M683.4M741.2M916.6M1.1B1.1B
Total Current Assets405.6M485.0M754.5M937.5M1.1B1.1B
Short Term Debt279.3M29.1M167.8M269.7M310.1M185.6M
Intangible Assets79.2M77.0M74.8M80.0M91.9M71.5M
Other Liab10.9M7.3M4.8M2.9M2.6M2.5M
Property Plant Equipment765.7M992.8M1.2B1.2B1.3B789.2M
Long Term Debt288.5M264.2M165.2M50.0M57.5M112.4M
Net Tangible Assets1.1B1.0B890.3M1.1B1.2B1.1B
Net Invested Capital1.5B1.4B1.6B1.5B1.8B1.6B
Short Long Term Debt268.3M12.0M111.5M130.9M117.8M112.9M
Net Working Capital(171.3M)70.7M182.5M73.3M66.0M104.0M
Property Plant And Equipment Gross1.8B1.8B1.9B2.0B2.3B2.0B
Accumulated Other Comprehensive Income80.4M98.6M106.2M77.5K69.7K66.3K

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Other Information on Investing in Jiangxi Stock

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