Jiujiang Total Assets vs Retained Earnings Analysis

301190 Stock   16.76  0.35  2.13%   
Jiujiang Shanshui financial indicator trend analysis is infinitely more than just investigating Jiujiang Shanshui recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiujiang Shanshui is a good investment. Please check the relationship between Jiujiang Shanshui Total Assets and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiujiang Shanshui Technology. 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiujiang Shanshui Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiujiang Shanshui's Total Assets and Retained Earnings is 0.98. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Jiujiang Shanshui Technology, assuming nothing else is changed. The correlation between historical values of Jiujiang Shanshui's Total Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Jiujiang Shanshui Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Assets i.e., Jiujiang Shanshui's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Jiujiang Shanshui 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 Jiujiang Shanshui 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.

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.
Most indicators from Jiujiang Shanshui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiujiang Shanshui 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 Jiujiang Shanshui Technology. 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 Tax Provision is expected to grow to about 16.2 M. The current year's Selling General Administrative is expected to grow to about 24.5 M
 2022 2023 2024 (projected)
Interest Expense1.9M1.9M1.4M
Interest Income26.0M36.9M38.7M

Jiujiang Shanshui fundamental ratios Correlations

0.730.661.00.980.570.990.740.53-0.080.980.840.70.920.550.821.00.990.980.980.840.770.970.79-0.51
0.730.910.70.620.770.720.7-0.10.50.820.250.160.820.680.930.690.70.820.640.470.740.60.75-0.64
0.660.910.610.590.830.590.78-0.020.560.780.23-0.030.770.890.970.60.570.780.50.450.90.450.9-0.63
1.00.70.610.980.530.990.720.56-0.130.970.860.740.910.510.791.01.00.970.990.840.740.980.76-0.49
0.980.620.590.980.560.950.750.58-0.110.950.910.70.910.590.760.980.970.950.960.920.750.950.77-0.52
0.570.770.830.530.560.490.93-0.040.490.70.29-0.160.680.820.810.520.50.70.430.490.810.40.81-0.95
0.990.720.590.990.950.490.670.52-0.140.950.810.760.890.440.770.991.00.950.990.790.690.980.71-0.46
0.740.70.780.720.750.930.670.320.180.830.580.120.740.770.820.710.680.830.630.640.90.620.91-0.9
0.53-0.1-0.020.560.58-0.040.520.32-0.80.440.80.670.22-0.010.140.570.530.440.560.420.380.610.390.0
-0.080.50.56-0.13-0.110.49-0.140.18-0.80.06-0.45-0.580.280.610.41-0.14-0.130.06-0.20.020.22-0.270.2-0.33
0.980.820.780.970.950.70.950.830.440.060.750.560.940.680.910.970.951.00.920.80.860.910.88-0.61
0.840.250.230.860.910.290.810.580.8-0.450.750.80.680.320.440.860.850.750.870.870.540.880.56-0.34
0.70.16-0.030.740.7-0.160.760.120.67-0.580.560.80.5-0.110.210.750.770.560.820.620.150.840.180.11
0.920.820.770.910.910.680.890.740.220.280.940.680.50.740.880.90.90.940.870.880.760.830.78-0.59
0.550.680.890.510.590.820.440.77-0.010.610.680.32-0.110.740.840.50.460.680.390.60.860.340.86-0.63
0.820.930.970.790.760.810.770.820.140.410.910.440.210.880.840.780.760.910.70.610.920.660.92-0.64
1.00.690.61.00.980.520.990.710.57-0.140.970.860.750.90.50.781.00.970.990.840.730.980.75-0.49
0.990.70.571.00.970.51.00.680.53-0.130.950.850.770.90.460.761.00.951.00.840.680.990.7-0.47
0.980.820.780.970.950.70.950.830.440.061.00.750.560.940.680.910.970.950.920.80.860.910.88-0.61
0.980.640.50.990.960.430.990.630.56-0.20.920.870.820.870.390.70.991.00.920.840.621.00.65-0.43
0.840.470.450.840.920.490.790.640.420.020.80.870.620.880.60.610.840.840.80.840.590.810.61-0.48
0.770.740.90.740.750.810.690.90.380.220.860.540.150.760.860.920.730.680.860.620.590.61.0-0.66
0.970.60.450.980.950.40.980.620.61-0.270.910.880.840.830.340.660.980.990.911.00.810.60.63-0.41
0.790.750.90.760.770.810.710.910.390.20.880.560.180.780.860.920.750.70.880.650.611.00.63-0.67
-0.51-0.64-0.63-0.49-0.52-0.95-0.46-0.90.0-0.33-0.61-0.340.11-0.59-0.63-0.64-0.49-0.47-0.61-0.43-0.48-0.66-0.41-0.67
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Jiujiang Shanshui Account Relationship Matchups

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Other Information on Investing in Jiujiang Stock

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