Jiangsu Retained Earnings vs Property Plant And Equipment Net Analysis

300651 Stock   14.15  0.04  0.28%   
Jiangsu Jinling financial indicator trend analysis is infinitely more than just investigating Jiangsu Jinling Sports recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Jinling Sports is a good investment. Please check the relationship between Jiangsu Jinling Retained Earnings and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Jinling Sports. 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.

Retained Earnings vs Property Plant And Equipment Net

Retained Earnings vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Jinling Sports Retained Earnings account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangsu Jinling's Retained Earnings and Property Plant And Equipment Net is 0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Jiangsu Jinling Sports, assuming nothing else is changed. The correlation between historical values of Jiangsu Jinling's Retained Earnings and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Jiangsu Jinling Sports are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Retained Earnings i.e., Jiangsu Jinling's Retained Earnings and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Jiangsu Jinling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Jinling Sports 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 Jinling Sports. 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 66.3 M, whereas Tax Provision is forecasted to decline to about 9.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit172.0M164.8M154.3M172.6M
Total Revenue547.3M474.4M513.9M495.5M

Jiangsu Jinling fundamental ratios Correlations

0.92-0.910.630.970.920.880.80.960.430.620.970.570.680.610.640.950.410.870.880.97-0.090.740.930.750.95
0.92-0.80.60.810.710.880.780.80.580.730.810.660.720.70.360.940.490.70.970.98-0.260.510.770.860.91
-0.91-0.8-0.6-0.88-0.88-0.88-0.68-0.89-0.43-0.68-0.89-0.62-0.63-0.7-0.63-0.89-0.28-0.73-0.79-0.870.22-0.67-0.91-0.78-0.92
0.630.6-0.60.570.580.540.660.470.60.410.620.270.290.320.560.690.360.580.650.610.320.40.570.380.56
0.970.81-0.880.570.960.780.750.990.240.520.990.50.670.520.740.850.370.930.740.90.040.840.940.620.89
0.920.71-0.880.580.960.790.740.950.230.40.980.320.490.40.860.820.330.850.680.810.040.850.940.550.85
0.880.88-0.880.540.780.790.790.790.550.560.810.480.550.580.490.930.40.560.910.9-0.380.50.840.810.93
0.80.78-0.680.660.750.740.790.690.340.260.80.320.620.260.650.760.630.630.760.750.050.620.780.550.72
0.960.8-0.890.470.990.950.790.690.230.540.970.530.640.560.690.850.290.890.720.89-0.050.850.940.650.89
0.430.58-0.430.60.240.230.550.340.230.550.270.360.050.510.020.670.090.080.730.56-0.4-0.050.380.60.56
0.620.73-0.680.410.520.40.560.260.540.550.490.840.60.960.060.670.140.460.710.72-0.460.260.450.880.65
0.970.81-0.890.620.990.980.810.80.970.270.490.450.630.480.790.870.40.910.750.890.050.840.950.620.89
0.570.66-0.620.270.50.320.480.320.530.360.840.450.720.94-0.020.59-0.030.450.590.65-0.360.290.450.790.58
0.680.72-0.630.290.670.490.550.620.640.050.60.630.720.60.260.540.590.670.570.68-0.070.50.560.660.6
0.610.7-0.70.320.520.40.580.260.560.510.960.480.940.60.030.68-0.040.420.680.7-0.520.280.490.890.66
0.640.36-0.630.560.740.860.490.650.690.020.060.79-0.020.260.030.510.330.70.340.460.320.830.750.20.52
0.950.94-0.890.690.850.820.930.760.850.670.670.870.590.540.680.510.320.690.960.97-0.250.560.880.820.96
0.410.49-0.280.360.370.330.40.630.290.090.140.4-0.030.59-0.040.330.320.40.420.40.140.280.310.280.32
0.870.7-0.730.580.930.850.560.630.890.080.460.910.450.670.420.70.690.40.580.780.310.820.770.440.71
0.880.97-0.790.650.740.680.910.760.720.730.710.750.590.570.680.340.960.420.580.95-0.340.410.750.860.91
0.970.98-0.870.610.90.810.90.750.890.560.720.890.650.680.70.460.970.40.780.95-0.230.60.860.830.96
-0.09-0.260.220.320.040.04-0.380.05-0.05-0.4-0.460.05-0.36-0.07-0.520.32-0.250.140.31-0.34-0.230.21-0.09-0.63-0.29
0.740.51-0.670.40.840.850.50.620.85-0.050.260.840.290.50.280.830.560.280.820.410.60.210.770.360.57
0.930.77-0.910.570.940.940.840.780.940.380.450.950.450.560.490.750.880.310.770.750.86-0.090.770.640.93
0.750.86-0.780.380.620.550.810.550.650.60.880.620.790.660.890.20.820.280.440.860.83-0.630.360.640.81
0.950.91-0.920.560.890.850.930.720.890.560.650.890.580.60.660.520.960.320.710.910.96-0.290.570.930.81
Click cells to compare fundamentals

Jiangsu Jinling Account Relationship Matchups

Jiangsu Jinling fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets893.2M980.5M1.3B1.3B1.3B885.3M
Short Long Term Debt Total65.9M96.2M236.6M238.0M246.0M131.4M
Other Current Liab41.6M5.6M13.3M14.4M7.9M7.5M
Total Current Liabilities213.4M277.7M266.7M245.7M228.1M244.0M
Total Stockholder Equity669.2M686.4M739.3M765.5M815.1M565.9M
Property Plant And Equipment Net344.5M370.0M382.0M347.6M302.6M257.7M
Current Deferred Revenue35.3M98.2M138.6M133.0M105.2M64.8M
Net Debt20.4M44.5M95.2M98.1M6.8M6.5M
Retained Earnings311.5M319.7M332.3M355.3M399.7M280.3M
Accounts Payable70.6M77.7M101.4M93.4M107.5M84.9M
Cash45.4M51.7M141.4M140.0M239.2M251.1M
Non Current Assets Total487.2M507.5M562.1M561.3M520.1M400.7M
Non Currrent Assets Other7.5M27.2M2.7M281.2M327.5M343.8M
Other Assets1.019.4M18.8M63.2M72.6M76.3M
Cash And Short Term Investments45.4M71.7M141.4M343.7M489.9M514.4M
Net Receivables245.5M252.9M233.2M185.5M109.0M187.5M
Liabilities And Stockholders Equity893.2M980.5M1.3B1.3B1.3B885.3M
Inventory108.2M140.1M172.1M181.1M182.0M126.5M
Other Current Assets6.9M8.3M144.1M6.6M10.9M10.3M
Total Liab220.4M286.0M500.7M492.5M481.3M313.7M
Total Current Assets406.0M473.0M690.8M716.8M791.8M484.6M
Short Term Debt65.9M96.2M13.4M4.9M7.5M7.2M
Intangible Assets54.4M52.7M51.2M49.7M48.1M50.6M
Non Current Liabilities Total7.1M8.2M234.0M246.8M253.2M265.9M
Other Liab4.5M7.1M8.2M10.8M12.4M6.7M
Net Tangible Assets591.8M614.7M633.7M688.0M791.2M620.6M
Short Long Term Debt65.9M96.2M10.0M760K684K649.8K
Property Plant Equipment318.6M344.5M370.0M382.0M439.3M327.8M
Deferred Long Term Liab1.5M1.1M961.2K3.3M3.8M4.0M
Net Invested Capital735.0M782.6M968.4M994.3M1.1B948.4M
Net Working Capital192.6M195.3M424.1M471.1M563.6M353.6M
Short Term Investments(3.3M)20.0M(47.1M)203.8M250.8M263.3M

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Other Information on Investing in Jiangsu Stock

Balance Sheet is a snapshot of the financial position of Jiangsu Jinling Sports at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Jinling Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Jinling 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.