Jiangsu Non Currrent Assets Other vs Net Invested Capital 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 Currrent Assets Other and its Net Invested Capital 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 Currrent Assets Other vs Net Invested Capital

Non Currrent Assets Other vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Jiejie Micro Non Currrent Assets Other account and Net Invested Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangsu Jiejie's Non Currrent Assets Other and Net Invested Capital is 0.45. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Invested Capital 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 Currrent Assets Other and Net Invested Capital 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 Currrent Assets Other of Jiangsu Jiejie Microelectronics are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Non Currrent Assets Other i.e., Jiangsu Jiejie's Non Currrent Assets Other and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Invested Capital

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