Jiangsu Non Current Assets Total vs Total Stockholder Equity 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 Non Current Assets Total and its Total Stockholder Equity 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.

Non Current Assets Total vs Total Stockholder Equity

Non Current Assets Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Jiejie Micro Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Jiejie's Non Current Assets Total and Total Stockholder Equity is 0.83. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Jiangsu Jiejie Microelectronics are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Jiangsu Jiejie's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Profit845.6M736.9M718.8M517.3M
Total Revenue1.8B1.8B2.1B1.2B

Jiangsu Jiejie fundamental ratios Correlations

0.380.890.960.910.970.990.90.420.890.470.840.920.90.990.650.90.920.970.930.870.850.990.620.630.97
0.380.080.530.140.520.440.080.730.070.640.380.510.090.290.460.090.650.420.350.020.330.330.75-0.230.41
0.890.080.841.00.830.881.00.31.00.280.790.770.970.890.460.990.770.870.950.990.90.90.460.720.88
0.960.530.840.871.00.980.840.580.830.570.830.930.820.920.60.830.970.960.940.810.870.940.720.450.95
0.910.141.00.870.860.90.990.371.00.290.820.810.970.90.470.990.810.880.960.990.90.920.520.690.9
0.970.520.831.00.860.980.830.570.820.550.810.920.80.930.580.820.960.960.920.80.850.940.680.450.95
0.990.440.880.980.90.980.890.450.880.540.860.930.890.970.660.890.950.990.940.850.890.990.670.570.98
0.90.081.00.840.990.830.890.260.990.320.810.790.980.910.520.990.780.890.950.990.910.920.490.730.9
0.420.730.30.580.370.570.450.260.310.170.340.490.280.330.240.290.630.360.460.290.320.380.63-0.070.39
0.890.071.00.831.00.820.880.990.310.250.80.780.980.90.460.990.770.860.941.00.880.910.470.720.88
0.470.640.280.570.290.550.540.320.170.250.580.590.250.40.480.260.640.630.510.190.650.450.71-0.120.61
0.840.380.790.830.820.810.860.810.340.80.580.960.820.80.440.820.870.870.90.740.880.850.790.340.92
0.920.510.770.930.810.920.930.790.490.780.590.960.80.870.520.80.950.920.90.730.840.910.810.340.95
0.90.090.970.820.970.80.890.980.280.980.250.820.80.920.571.00.780.860.910.970.850.930.510.780.89
0.990.290.890.920.90.930.970.910.330.90.40.80.870.920.680.920.870.950.890.880.820.990.540.730.94
0.650.460.460.60.470.580.660.520.240.460.480.440.520.570.680.530.660.650.490.450.50.660.540.620.6
0.90.090.990.830.990.820.890.990.290.990.260.820.81.00.920.530.780.870.930.990.870.930.50.760.89
0.920.650.770.970.810.960.950.780.630.770.640.870.950.780.870.660.780.930.910.730.860.90.850.370.94
0.970.420.870.960.880.960.990.890.360.860.630.870.920.860.950.650.870.930.940.830.920.960.660.540.98
0.930.350.950.940.960.920.940.950.460.940.510.90.90.910.890.490.930.910.940.910.970.930.690.510.97
0.870.020.990.810.990.80.850.990.291.00.190.740.730.970.880.450.990.730.830.910.850.890.410.760.85
0.850.330.90.870.90.850.890.910.320.880.650.880.840.850.820.50.870.860.920.970.850.860.690.450.94
0.990.330.90.940.920.940.990.920.380.910.450.850.910.930.990.660.930.90.960.930.890.860.620.660.97
0.620.750.460.720.520.680.670.490.630.470.710.790.810.510.540.540.50.850.660.690.410.690.620.010.74
0.63-0.230.720.450.690.450.570.73-0.070.72-0.120.340.340.780.730.620.760.370.540.510.760.450.660.010.51
0.970.410.880.950.90.950.980.90.390.880.610.920.950.890.940.60.890.940.980.970.850.940.970.740.51
Click cells to compare fundamentals

Jiangsu Jiejie Account Relationship Matchups

Jiangsu Jiejie fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.9B5.7B7.6B7.7B4.1B
Other Current Liab88.9M79.8M108.8M63.7M2.3M2.1M
Total Current Liabilities180.4M413.4M630.1M1.2B1.4B1.5B
Total Stockholder Equity2.2B2.5B3.3B3.6B3.8B2.5B
Other Liab27.8M34.0M71.0M110.5M127.1M133.4M
Net Tangible Assets2.2B2.4B3.1B3.4B4.0B2.2B
Retained Earnings669.3M891.8M1.3B1.6B1.6B995.6M
Accounts Payable63.2M289.3M452.7M883.4M925.9M972.2M
Cash1.3B339.3M753.3M535.5M362.1M627.7M
Non Current Assets Total747.5M1.1B2.7B4.7B5.5B5.8B
Non Currrent Assets Other3.2M976.4M738.2M374.3M98.8M93.8M
Other Assets16.2M206.1M849.4M433.7M498.7M523.7M
Net Receivables255.7M265.8M615.0M430.2M478.2M345.0M
Non Current Liabilities Total27.8M34.0M1.2B2.2B1.9B2.0B
Inventory119.5M155.8M303.7M508.3M484.3M247.5M
Other Current Assets14.3M68.4M74.1M273.3M11.2M10.6M
Total Liab208.3M447.4M1.8B3.4B3.3B3.5B
Total Current Assets1.7B1.8B3.1B2.9B2.2B1.9B
Intangible Assets49.2M100.3M119.5M135.5M137.4M92.3M
Common Stock305.2M491.0M736.7M736.6M847.1M889.5M
Property Plant Equipment682.1M789.8M1.7B4.2B4.8B5.0B
Common Stock Shares Outstanding647.0M736.5M736.7M736.6M736.3M766.9M
Net Invested Capital2.2B2.5B4.4B5.8B5.6B3.6B
Net Working Capital1.5B1.4B2.4B1.7B807.8M1.5B
Capital Stock305.2M491.0M736.7M736.6M736.3M584.0M

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Other Information on Investing in Jiangsu Stock

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.