Jiangsu Net Invested Capital vs Total Assets Analysis

300623 Stock

35.91 0.43 1.21%

Jiangsu Jiejie financial indicator trend analysis is infinitely more than just investigating Jiangsu Jiejie Micro recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Jiejie Micro is a good investment. Please check the relationship between Jiangsu Jiejie Net Invested Capital and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Jiejie 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.

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Jiejie Micro Net Invested Capital account and Total Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Jiangsu Jiejie's Net Invested Capital and Total Assets is 0.99. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Total Assets in the same time period over historical financial statements of Jiangsu Jiejie Microelectronics, assuming nothing else is changed. The correlation between historical values of Jiangsu Jiejie's Net Invested Capital and Total Assets 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 Invested Capital of Jiangsu Jiejie Microelectronics are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Invested Capital i.e., Jiangsu Jiejie's Net Invested Capital and Total Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Total Assets

Total assets refers to the total amount of Jiangsu Jiejie 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 Jiangsu Jiejie Micro 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.

Most indicators from Jiangsu Jiejie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Jiejie Micro 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 Jiangsu Jiejie 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 1, 2024, Tax Provision is expected to decline to about 3.4 M. In addition to that, Selling General Administrative is expected to decline to about 60.4 M

	2021	2022	2023	2024 (projected)
Gross Profit	845.6M	736.9M	718.8M	517.3M
Total Revenue	1.8B	1.8B	2.1B	1.2B

Gross Profit Total Revenue

Jiangsu Jiejie fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Short Long Term Debt	Capital Stock
Total Assets		0.38	0.89	0.96	0.91	0.97	0.99	0.9	0.42	0.89	0.47	0.84	0.92	0.9	0.99	0.65	0.9	0.92	0.97	0.93	0.87	0.85	0.99	0.62	0.63	0.97
Other Current Liab	0.38		0.08	0.53	0.14	0.52	0.44	0.08	0.73	0.07	0.64	0.38	0.51	0.09	0.29	0.46	0.09	0.65	0.42	0.35	0.02	0.33	0.33	0.75	-0.23	0.41
Total Current Liabilities	0.89	0.08		0.84	1.0	0.83	0.88	1.0	0.3	1.0	0.28	0.79	0.77	0.97	0.89	0.46	0.99	0.77	0.87	0.95	0.99	0.9	0.9	0.46	0.72	0.88
Total Stockholder Equity	0.96	0.53	0.84		0.87	1.0	0.98	0.84	0.58	0.83	0.57	0.83	0.93	0.82	0.92	0.6	0.83	0.97	0.96	0.94	0.81	0.87	0.94	0.72	0.45	0.95
Other Liab	0.91	0.14	1.0	0.87		0.86	0.9	0.99	0.37	1.0	0.29	0.82	0.81	0.97	0.9	0.47	0.99	0.81	0.88	0.96	0.99	0.9	0.92	0.52	0.69	0.9
Net Tangible Assets	0.97	0.52	0.83	1.0	0.86		0.98	0.83	0.57	0.82	0.55	0.81	0.92	0.8	0.93	0.58	0.82	0.96	0.96	0.92	0.8	0.85	0.94	0.68	0.45	0.95
Retained Earnings	0.99	0.44	0.88	0.98	0.9	0.98		0.89	0.45	0.88	0.54	0.86	0.93	0.89	0.97	0.66	0.89	0.95	0.99	0.94	0.85	0.89	0.99	0.67	0.57	0.98
Accounts Payable	0.9	0.08	1.0	0.84	0.99	0.83	0.89		0.26	0.99	0.32	0.81	0.79	0.98	0.91	0.52	0.99	0.78	0.89	0.95	0.99	0.91	0.92	0.49	0.73	0.9
Cash	0.42	0.73	0.3	0.58	0.37	0.57	0.45	0.26		0.31	0.17	0.34	0.49	0.28	0.33	0.24	0.29	0.63	0.36	0.46	0.29	0.32	0.38	0.63	-0.07	0.39
Non Current Assets Total	0.89	0.07	1.0	0.83	1.0	0.82	0.88	0.99	0.31		0.25	0.8	0.78	0.98	0.9	0.46	0.99	0.77	0.86	0.94	1.0	0.88	0.91	0.47	0.72	0.88
Non Currrent Assets Other	0.47	0.64	0.28	0.57	0.29	0.55	0.54	0.32	0.17	0.25		0.58	0.59	0.25	0.4	0.48	0.26	0.64	0.63	0.51	0.19	0.65	0.45	0.71	-0.12	0.61
Other Assets	0.84	0.38	0.79	0.83	0.82	0.81	0.86	0.81	0.34	0.8	0.58		0.96	0.82	0.8	0.44	0.82	0.87	0.87	0.9	0.74	0.88	0.85	0.79	0.34	0.92
Net Receivables	0.92	0.51	0.77	0.93	0.81	0.92	0.93	0.79	0.49	0.78	0.59	0.96		0.8	0.87	0.52	0.8	0.95	0.92	0.9	0.73	0.84	0.91	0.81	0.34	0.95
Non Current Liabilities Total	0.9	0.09	0.97	0.82	0.97	0.8	0.89	0.98	0.28	0.98	0.25	0.82	0.8		0.92	0.57	1.0	0.78	0.86	0.91	0.97	0.85	0.93	0.51	0.78	0.89
Inventory	0.99	0.29	0.89	0.92	0.9	0.93	0.97	0.91	0.33	0.9	0.4	0.8	0.87	0.92		0.68	0.92	0.87	0.95	0.89	0.88	0.82	0.99	0.54	0.73	0.94
Other Current Assets	0.65	0.46	0.46	0.6	0.47	0.58	0.66	0.52	0.24	0.46	0.48	0.44	0.52	0.57	0.68		0.53	0.66	0.65	0.49	0.45	0.5	0.66	0.54	0.62	0.6
Total Liab	0.9	0.09	0.99	0.83	0.99	0.82	0.89	0.99	0.29	0.99	0.26	0.82	0.8	1.0	0.92	0.53		0.78	0.87	0.93	0.99	0.87	0.93	0.5	0.76	0.89
Total Current Assets	0.92	0.65	0.77	0.97	0.81	0.96	0.95	0.78	0.63	0.77	0.64	0.87	0.95	0.78	0.87	0.66	0.78		0.93	0.91	0.73	0.86	0.9	0.85	0.37	0.94
Intangible Assets	0.97	0.42	0.87	0.96	0.88	0.96	0.99	0.89	0.36	0.86	0.63	0.87	0.92	0.86	0.95	0.65	0.87	0.93		0.94	0.83	0.92	0.96	0.66	0.54	0.98
Common Stock	0.93	0.35	0.95	0.94	0.96	0.92	0.94	0.95	0.46	0.94	0.51	0.9	0.9	0.91	0.89	0.49	0.93	0.91	0.94		0.91	0.97	0.93	0.69	0.51	0.97
Property Plant Equipment	0.87	0.02	0.99	0.81	0.99	0.8	0.85	0.99	0.29	1.0	0.19	0.74	0.73	0.97	0.88	0.45	0.99	0.73	0.83	0.91		0.85	0.89	0.41	0.76	0.85
Common Stock Shares Outstanding	0.85	0.33	0.9	0.87	0.9	0.85	0.89	0.91	0.32	0.88	0.65	0.88	0.84	0.85	0.82	0.5	0.87	0.86	0.92	0.97	0.85		0.86	0.69	0.45	0.94
Net Invested Capital	0.99	0.33	0.9	0.94	0.92	0.94	0.99	0.92	0.38	0.91	0.45	0.85	0.91	0.93	0.99	0.66	0.93	0.9	0.96	0.93	0.89	0.86		0.62	0.66	0.97
Net Working Capital	0.62	0.75	0.46	0.72	0.52	0.68	0.67	0.49	0.63	0.47	0.71	0.79	0.81	0.51	0.54	0.54	0.5	0.85	0.66	0.69	0.41	0.69	0.62		0.01	0.74
Short Long Term Debt	0.63	-0.23	0.72	0.45	0.69	0.45	0.57	0.73	-0.07	0.72	-0.12	0.34	0.34	0.78	0.73	0.62	0.76	0.37	0.54	0.51	0.76	0.45	0.66	0.01		0.51
Capital Stock	0.97	0.41	0.88	0.95	0.9	0.95	0.98	0.9	0.39	0.88	0.61	0.92	0.95	0.89	0.94	0.6	0.89	0.94	0.98	0.97	0.85	0.94	0.97	0.74	0.51

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Jiangsu Jiejie Account Relationship Matchups

Jiangsu Jiejie fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5B	2.9B	5.7B	7.6B	7.7B	4.1B
Other Current Liab	88.9M	79.8M	108.8M	63.7M	2.3M	2.1M
Total Current Liabilities	180.4M	413.4M	630.1M	1.2B	1.4B	1.5B
Total Stockholder Equity	2.2B	2.5B	3.3B	3.6B	3.8B	2.5B
Other Liab	27.8M	34.0M	71.0M	110.5M	127.1M	133.4M
Net Tangible Assets	2.2B	2.4B	3.1B	3.4B	4.0B	2.2B
Retained Earnings	669.3M	891.8M	1.3B	1.6B	1.6B	995.6M
Accounts Payable	63.2M	289.3M	452.7M	883.4M	925.9M	972.2M
Cash	1.3B	339.3M	753.3M	535.5M	362.1M	627.7M
Non Current Assets Total	747.5M	1.1B	2.7B	4.7B	5.5B	5.8B
Non Currrent Assets Other	3.2M	976.4M	738.2M	374.3M	98.8M	93.8M
Other Assets	16.2M	206.1M	849.4M	433.7M	498.7M	523.7M
Net Receivables	255.7M	265.8M	615.0M	430.2M	478.2M	345.0M
Non Current Liabilities Total	27.8M	34.0M	1.2B	2.2B	1.9B	2.0B
Inventory	119.5M	155.8M	303.7M	508.3M	484.3M	247.5M
Other Current Assets	14.3M	68.4M	74.1M	273.3M	11.2M	10.6M
Total Liab	208.3M	447.4M	1.8B	3.4B	3.3B	3.5B
Total Current Assets	1.7B	1.8B	3.1B	2.9B	2.2B	1.9B
Intangible Assets	49.2M	100.3M	119.5M	135.5M	137.4M	92.3M
Common Stock	305.2M	491.0M	736.7M	736.6M	847.1M	889.5M
Property Plant Equipment	682.1M	789.8M	1.7B	4.2B	4.8B	5.0B
Common Stock Shares Outstanding	647.0M	736.5M	736.7M	736.6M	736.3M	766.9M
Net Invested Capital	2.2B	2.5B	4.4B	5.8B	5.6B	3.6B
Net Working Capital	1.5B	1.4B	2.4B	1.7B	807.8M	1.5B
Capital Stock	305.2M	491.0M	736.7M	736.6M	736.3M	584.0M

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

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Jiangsu Net Invested Capital vs Total Assets Analysis

Net Invested Capital vs Total Assets

Net Invested Capital vs Total Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Total Assets

Jiangsu Jiejie fundamental ratios Correlations

Jiangsu Jiejie Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangsu Jiejie fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Liab	+ 1.0	Total Current Liabilities
Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Other Liab
Property Plant Equipment	+ 1.0	Non Current Assets Total

Short Long Term Debt	- 0.23	Other Current Liab
Short Long Term Debt	- 0.12	Non Currrent Assets Other
Short Long Term Debt	- 0.07	Cash