Jinyu Non Current Assets Total vs Other Current Liab Analysis

600201 Stock   7.01  0.07  1.01%   
Jinyu Bio financial indicator trend analysis is infinitely more than just investigating Jinyu Bio Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinyu Bio Technology is a good investment. Please check the relationship between Jinyu Bio Non Current Assets Total and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinyu Bio Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Non Current Assets Total vs Other Current Liab

Non Current Assets Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinyu Bio Technology Non Current Assets Total account and Other Current Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jinyu Bio's Non Current Assets Total and Other Current Liab is -0.19. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Jinyu Bio Technology Co, assuming nothing else is changed. The correlation between historical values of Jinyu Bio's Non Current Assets Total and Other Current Liab 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 Jinyu Bio Technology Co are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Assets Total i.e., Jinyu Bio's Non Current Assets Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Other Current Liab

Most indicators from Jinyu Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinyu Bio Technology 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 Jinyu Bio Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Tax Provision is expected to grow to about 62.3 M, whereas Selling General Administrative is forecasted to decline to about 230.1 M.
 2021 2022 2023 2024 (projected)
Operating Income426.3M297.7M324.8M316.5M
Total Revenue1.8B1.5B1.6B1.0B

Jinyu Bio fundamental ratios Correlations

-0.160.591.00.870.980.860.650.950.310.97-0.18-0.380.780.960.980.92-0.910.970.870.940.850.87-0.760.130.8
-0.160.33-0.18-0.28-0.16-0.020.0-0.250.01-0.240.470.250.23-0.3-0.24-0.270.05-0.19-0.34-0.13-0.09-0.190.00.35-0.15
0.590.330.540.370.50.460.550.49-0.030.560.330.00.910.420.540.36-0.610.570.340.60.670.37-0.610.410.33
1.0-0.180.540.850.990.870.680.930.280.96-0.24-0.430.750.960.980.91-0.890.970.850.940.860.86-0.760.150.77
0.87-0.280.370.850.860.690.330.930.550.85-0.05-0.180.650.940.870.93-0.770.860.980.80.570.92-0.49-0.280.95
0.98-0.160.50.990.860.910.640.930.30.95-0.26-0.450.730.960.980.93-0.90.950.860.930.790.88-0.730.110.81
0.86-0.020.460.870.690.910.640.790.230.82-0.33-0.620.730.830.850.81-0.860.880.70.910.680.84-0.70.230.77
0.650.00.550.680.330.640.640.43-0.290.55-0.4-0.580.610.490.560.35-0.490.650.290.630.830.3-0.510.370.29
0.95-0.250.490.930.930.930.790.430.490.95-0.13-0.260.720.980.960.96-0.920.930.960.920.70.93-0.730.00.87
0.310.01-0.030.280.550.30.23-0.290.490.330.260.270.210.450.350.5-0.370.340.580.34-0.010.57-0.17-0.30.59
0.97-0.240.560.960.850.950.820.550.950.33-0.23-0.340.740.950.980.93-0.910.940.880.920.80.88-0.770.110.77
-0.180.470.33-0.24-0.05-0.26-0.33-0.4-0.130.26-0.230.750.19-0.2-0.18-0.150.17-0.21-0.09-0.21-0.25-0.110.19-0.15-0.07
-0.380.250.0-0.43-0.18-0.45-0.62-0.58-0.260.27-0.340.75-0.18-0.37-0.35-0.250.42-0.44-0.19-0.47-0.49-0.280.42-0.36-0.26
0.780.230.910.750.650.730.730.610.720.210.740.19-0.180.680.740.63-0.80.80.610.830.730.68-0.660.260.67
0.96-0.30.420.960.940.960.830.490.980.450.95-0.2-0.370.680.970.97-0.890.960.960.920.740.94-0.68-0.040.88
0.98-0.240.540.980.870.980.850.560.960.350.98-0.18-0.350.740.970.95-0.910.950.890.930.790.89-0.780.130.79
0.92-0.270.360.910.930.930.810.350.960.50.93-0.15-0.250.630.970.95-0.850.890.950.860.60.95-0.65-0.080.87
-0.910.05-0.61-0.89-0.77-0.9-0.86-0.49-0.92-0.37-0.910.170.42-0.8-0.89-0.91-0.85-0.91-0.8-0.95-0.77-0.860.89-0.33-0.77
0.97-0.190.570.970.860.950.880.650.930.340.94-0.21-0.440.80.960.950.89-0.910.870.980.840.9-0.750.130.83
0.87-0.340.340.850.980.860.70.290.960.580.88-0.09-0.190.610.960.890.95-0.80.870.820.560.94-0.54-0.250.93
0.94-0.130.60.940.80.930.910.630.920.340.92-0.21-0.470.830.920.930.86-0.950.980.820.820.89-0.820.250.8
0.85-0.090.670.860.570.790.680.830.7-0.010.8-0.25-0.490.730.740.790.6-0.770.840.560.820.54-0.80.440.46
0.87-0.190.370.860.920.880.840.30.930.570.88-0.11-0.280.680.940.890.95-0.860.90.940.890.54-0.59-0.120.95
-0.760.0-0.61-0.76-0.49-0.73-0.7-0.51-0.73-0.17-0.770.190.42-0.66-0.68-0.78-0.650.89-0.75-0.54-0.82-0.8-0.59-0.67-0.44
0.130.350.410.15-0.280.110.230.370.0-0.30.11-0.15-0.360.26-0.040.13-0.08-0.330.13-0.250.250.44-0.12-0.67-0.26
0.8-0.150.330.770.950.810.770.290.870.590.77-0.07-0.260.670.880.790.87-0.770.830.930.80.460.95-0.44-0.26
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Jinyu Bio Account Relationship Matchups

Jinyu Bio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.6B6.3B6.6B6.4B6.9B7.2B
Other Current Liab156.5M269.2M238.7M194.4M63.6M60.4M
Total Current Liabilities548.0M679.5M689.2M658.7M840.4M604.9M
Total Stockholder Equity4.6B5.0B5.3B5.1B5.4B5.6B
Other Liab153.7M335.8M354.4M380.6M437.7M459.6M
Retained Earnings2.8B3.1B3.4B3.5B3.2B3.3B
Accounts Payable295.2M330.3M347.1M354.4M324.4M176.8M
Cash1.1B1.5B1.3B1.4B1.7B884.3M
Other Assets473.1M447.9M483.2M513.8M590.9M620.5M
Net Receivables643.0M605.6M729.1M763.3M857.5M900.4M
Inventory245.3M350.7M317.7M333.5M322.3M388.8M
Other Current Assets23.2M16.1M19.4M19.8M23.9M35.7M
Total Liab716.8M1.0B1.0B1.0B1.2B720.8M
Intangible Assets519.7M576.7M648.5M668.5M728.8M765.3M
Property Plant Equipment1.6B1.7B1.8B1.8B2.1B2.2B
Net Tangible Assets4.2B4.5B4.8B4.7B5.4B4.4B
Deferred Long Term Liab186.6M238.7M260.2M322.5M370.9M389.5M
Total Current Assets2.7B3.2B2.8B2.7B3.0B3.3B
Non Current Assets Total2.9B3.1B3.8B3.7B3.9B3.1B
Non Currrent Assets Other80.6M160.8M784.6M711.5M621.2M511.3M
Short Term Investments672.5M639.5M183.9M46.9M37.3M35.4M
Non Current Liabilities Total168.8M335.8M354.5M380.9M377.2M275.3M
Other Stockholder Equity133.8K(196.7K)(232.7K)(410.1K)(369.1K)(350.6K)
Net Invested Capital4.7B5.0B5.3B5.1B5.4B5.5B
Net Working Capital2.1B2.5B2.1B2.0B2.2B1.9B
Good Will130.8M134.3M94.5M29.5M11.4M10.8M

Currently Active Assets on Macroaxis

Other Information on Investing in Jinyu Stock

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