Changsha Depreciation vs Begin Period Cash Flow Analysis

300474 Stock   109.00  5.00  4.81%   
Changsha Jingjia financial indicator trend analysis is way more than just evaluating Changsha Jingjia Mic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changsha Jingjia Mic is a good investment. Please check the relationship between Changsha Jingjia Depreciation and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changsha Jingjia Microelectronics. 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.

Depreciation vs Begin Period Cash Flow

Depreciation vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changsha Jingjia Mic Depreciation account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Changsha Jingjia's Depreciation and Begin Period Cash Flow is 0.62. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Changsha Jingjia Microelectronics, assuming nothing else is changed. The correlation between historical values of Changsha Jingjia's Depreciation and Begin Period 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 Depreciation of Changsha Jingjia Microelectronics are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Depreciation i.e., Changsha Jingjia's Depreciation and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation

Depreciation indicates how much of Changsha Jingjia Mic value has been used up. For tax purposes Changsha Jingjia can deduct the cost of the tangible assets it purchases as business expenses. However, Changsha Jingjia Microelectronics must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Changsha Jingjia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha Jingjia Mic 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 Changsha Jingjia Microelectronics. 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 December 27, 2024, Selling General Administrative is expected to decline to about 63.2 M. The current year's Tax Provision is expected to grow to about (67.6 M)
 2021 2022 2023 2024 (projected)
Operating Income298.1M319.1M18.8M17.9M
Total Revenue1.1B1.2B713.2M505.8M

Changsha Jingjia fundamental ratios Correlations

0.210.941.00.980.910.960.810.930.860.940.870.950.850.80.990.420.930.920.960.90.230.80.250.820.97
0.210.090.240.220.360.040.530.10.410.010.020.030.270.450.29-0.360.370.060.310.090.16-0.080.61-0.260.18
0.940.090.920.960.810.990.630.950.710.960.960.980.80.650.940.360.810.940.840.880.070.74-0.040.820.89
1.00.240.920.970.910.940.840.920.880.920.850.930.840.820.980.390.950.90.970.890.270.780.30.80.97
0.980.220.960.970.90.970.740.930.830.950.90.960.880.750.970.420.890.930.920.90.210.810.170.780.94
0.910.360.810.910.90.840.820.850.950.840.690.830.940.860.910.430.960.830.950.930.220.830.340.770.93
0.960.040.990.940.970.840.640.960.750.990.930.990.820.650.950.470.840.960.870.920.10.830.020.870.93
0.810.530.630.840.740.820.640.590.810.570.590.610.680.870.790.120.920.570.910.650.450.520.570.480.81
0.930.10.950.920.930.850.960.590.80.990.860.950.820.640.930.40.810.980.840.920.050.770.030.850.9
0.860.410.710.880.830.950.750.810.80.770.560.730.850.850.870.350.920.780.910.840.360.720.530.70.88
0.940.010.960.920.950.840.990.570.990.770.880.980.830.610.920.50.810.980.850.940.060.840.00.890.92
0.870.020.960.850.90.690.930.590.860.560.880.910.670.590.870.220.740.870.760.780.150.62-0.130.720.8
0.950.030.980.930.960.830.990.610.950.730.980.910.850.640.930.520.810.940.850.910.050.84-0.010.870.91
0.850.270.80.840.880.940.820.680.820.850.830.670.850.770.830.520.860.80.870.910.070.850.170.760.88
0.80.450.650.820.750.860.650.870.640.850.610.590.640.770.820.170.870.590.840.690.30.570.460.550.75
0.990.290.940.980.970.910.950.790.930.870.920.870.930.830.820.340.920.910.930.890.230.750.270.780.93
0.42-0.360.360.390.420.430.470.120.40.350.50.220.520.520.170.340.330.40.40.54-0.170.840.050.640.5
0.930.370.810.950.890.960.840.920.810.920.810.740.810.860.870.920.330.80.990.890.330.760.40.740.96
0.920.060.940.90.930.830.960.570.980.780.980.870.940.80.590.910.40.80.830.920.160.770.030.850.9
0.960.310.840.970.920.950.870.910.840.910.850.760.850.870.840.930.40.990.830.90.310.80.380.780.98
0.90.090.880.890.90.930.920.650.920.840.940.780.910.910.690.890.540.890.920.90.080.90.080.920.94
0.230.160.070.270.210.220.10.450.050.360.060.150.050.070.30.23-0.170.330.160.310.080.020.580.060.25
0.8-0.080.740.780.810.830.830.520.770.720.840.620.840.850.570.750.840.760.770.80.90.020.120.880.86
0.250.61-0.040.30.170.340.020.570.030.530.0-0.13-0.010.170.460.270.050.40.030.380.080.580.12-0.060.26
0.82-0.260.820.80.780.770.870.480.850.70.890.720.870.760.550.780.640.740.850.780.920.060.88-0.060.86
0.970.180.890.970.940.930.930.810.90.880.920.80.910.880.750.930.50.960.90.980.940.250.860.260.86
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Changsha Jingjia Account Relationship Matchups

Changsha Jingjia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B3.0B3.3B4.0B4.2B4.4B
Other Current Liab44.7M58.9M109.3M1.4M7.2M6.8M
Total Current Liabilities187.2M335.9M367.3M364.2M602.2M632.3M
Total Stockholder Equity2.4B2.5B2.9B3.3B3.4B3.6B
Other Liab29.0M52.2M71.9M75.4M86.7M91.0M
Retained Earnings714.0M885.4M1.1B1.2B1.2B623.8M
Accounts Payable111.5M197.3M205.3M279.2M344.7M362.0M
Cash1.3B1.2B1.2B846.9M1.1B684.6M
Other Assets41.9M37.9M54.9M142.7M164.1M172.3M
Net Receivables602.9M387.6M799.0M850.4M635.8M430.0M
Inventory179.0M294.1M454.0M596.3M637.1M669.0M
Other Current Assets38.8M57.7M44.8M32.4M99.7M104.6M
Total Liab239.4M508.0M460.3M657.2M780.7M819.7M
Intangible Assets85.4M178.4M189.1M211.1M213.7M108.6M
Common Stock301.4M301.3M301.2M301.2M346.4M215.2M
Property Plant Equipment272.0M314.4M348.8M452.6M520.5M546.5M
Long Term Debt3.5M100.1M0.0197.8M46M57.0M
Net Tangible Assets2.1B2.3B2.4B2.7B3.1B1.8B
Deferred Long Term Liab5.7M16.0M13.7M34.1M39.2M41.1M
Total Current Assets2.2B2.4B2.5B2.8B2.9B2.0B
Non Current Assets Total440.7M659.2M866.9M1.2B1.3B733.3M
Non Currrent Assets Other440.7M9.3M59.7M51.1M40.3M38.3M
Non Current Liabilities Total52.2M172.0M93.0M293.0M178.4M118.7M
Non Current Liabilities Other20.4M15.8M17.7M17.9M10.3M13.1M
Common Stock Shares Outstanding301.3M301.2M301.2M454.7M457.7M375.3M
Net Invested Capital2.4B2.6B2.9B3.5B3.5B2.8B
Net Working Capital2.0B2.0B2.1B2.4B2.3B2.1B
Capital Stock301.3M301.2M301.2M454.6M457.6M388.2M

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Other Information on Investing in Changsha Stock

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