Jiangxi Retained Earnings vs Cash Analysis

600362 Stock   20.86  0.34  1.60%   
Jiangxi Copper financial indicator trend analysis is infinitely more than just investigating Jiangxi Copper recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Copper is a good investment. Please check the relationship between Jiangxi Copper Retained Earnings and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Copper 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 nation.

Retained Earnings vs Cash

Retained Earnings vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Copper Retained Earnings account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangxi Copper's Retained Earnings and Cash is 0.71. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Cash in the same time period over historical financial statements of Jiangxi Copper Co, assuming nothing else is changed. The correlation between historical values of Jiangxi Copper's Retained Earnings and Cash 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 Jiangxi Copper Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Retained Earnings i.e., Jiangxi Copper's Retained Earnings and Cash go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Cash

Cash refers to the most liquid asset of Jiangxi Copper, which is listed under current asset account on Jiangxi Copper Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jiangxi Copper customers. The amounts must be unrestricted with restricted cash listed in a different Jiangxi Copper account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Jiangxi Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Copper 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 Jiangxi Copper 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 nation.
As of November 29, 2024, Selling General Administrative is expected to decline to about 935.1 M. In addition to that, Tax Provision is expected to decline to about 1.3 B
 2021 2022 2023 2024 (projected)
Gross Profit17.5B14.3B14.0B11.5B
Total Revenue442.8B479.9B521.9B343.7B

Jiangxi Copper fundamental ratios Correlations

0.280.970.970.830.920.730.780.930.890.89-0.960.630.990.670.920.99-0.550.860.990.910.85-0.40.920.980.96
0.280.220.30.120.140.780.030.230.240.33-0.330.120.29-0.120.290.26-0.030.310.220.290.5-0.020.170.330.15
0.970.220.910.780.860.690.780.940.830.82-0.910.710.950.790.840.98-0.590.90.980.910.75-0.380.930.930.9
0.970.30.910.780.920.690.750.880.880.86-0.940.510.960.570.950.94-0.490.780.940.840.8-0.40.810.970.97
0.830.120.780.780.80.540.810.810.620.79-0.780.350.820.430.80.83-0.310.540.780.650.84-0.40.850.860.8
0.920.140.860.920.80.610.770.880.90.83-0.850.520.930.480.90.9-0.50.720.930.820.78-0.440.830.890.97
0.730.780.690.690.540.610.390.710.710.8-0.780.570.740.30.70.74-0.490.740.720.740.85-0.380.70.730.62
0.780.030.780.750.810.770.390.670.610.68-0.660.410.780.640.750.78-0.170.610.760.660.61-0.430.80.780.76
0.930.230.940.880.810.880.710.670.80.81-0.880.650.890.580.830.94-0.590.760.950.810.77-0.390.880.890.89
0.890.240.830.880.620.90.710.610.80.85-0.890.740.90.570.830.89-0.540.870.910.920.78-0.40.810.840.93
0.890.330.820.860.790.830.80.680.810.85-0.960.580.890.50.940.89-0.60.770.870.780.88-0.70.880.890.87
-0.96-0.33-0.91-0.94-0.78-0.85-0.78-0.66-0.88-0.89-0.96-0.64-0.95-0.61-0.93-0.950.61-0.84-0.94-0.87-0.870.52-0.88-0.96-0.93
0.630.120.710.510.350.520.570.410.650.740.58-0.640.590.740.430.69-0.450.850.70.790.47-0.280.720.530.56
0.990.290.950.960.820.930.740.780.890.90.89-0.950.590.650.910.98-0.560.870.970.930.88-0.390.920.980.96
0.67-0.120.790.570.430.480.30.640.580.570.5-0.610.740.650.470.71-0.50.830.710.750.35-0.250.740.610.57
0.920.290.840.950.80.90.70.750.830.830.94-0.930.430.910.470.88-0.540.690.890.730.81-0.660.810.920.93
0.990.260.980.940.830.90.740.780.940.890.89-0.950.690.980.710.88-0.570.890.990.930.85-0.40.960.970.94
-0.55-0.03-0.59-0.49-0.31-0.5-0.49-0.17-0.59-0.54-0.60.61-0.45-0.56-0.5-0.54-0.57-0.61-0.63-0.55-0.430.52-0.61-0.48-0.5
0.860.310.90.780.540.720.740.610.760.870.77-0.840.850.870.830.690.89-0.610.890.970.71-0.320.870.810.77
0.990.220.980.940.780.930.720.760.950.910.87-0.940.70.970.710.890.99-0.630.890.920.8-0.440.930.940.95
0.910.290.910.840.650.820.740.660.810.920.78-0.870.790.930.750.730.93-0.550.970.920.81-0.230.90.870.86
0.850.50.750.80.840.780.850.610.770.780.88-0.870.470.880.350.810.85-0.430.710.80.81-0.340.830.880.8
-0.4-0.02-0.38-0.4-0.4-0.44-0.38-0.43-0.39-0.4-0.70.52-0.28-0.39-0.25-0.66-0.40.52-0.32-0.44-0.23-0.34-0.49-0.38-0.41
0.920.170.930.810.850.830.70.80.880.810.88-0.880.720.920.740.810.96-0.610.870.930.90.83-0.490.890.84
0.980.330.930.970.860.890.730.780.890.840.89-0.960.530.980.610.920.97-0.480.810.940.870.88-0.380.890.94
0.960.150.90.970.80.970.620.760.890.930.87-0.930.560.960.570.930.94-0.50.770.950.860.8-0.410.840.94
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Jiangxi Copper Account Relationship Matchups

Jiangxi Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets134.9B140.9B161.0B167.3B168.2B140.5B
Other Current Liab8.6B9.8B13.4B6.6B6.3B9.5B
Total Current Liabilities68.4B56.3B67.2B73.2B70.3B61.7B
Total Stockholder Equity52.7B59.9B69.8B73.5B67.4B62.7B
Other Liab859.0M1.2B1.3B1.2B1.4B1.2B
Net Tangible Assets47.4B47.3B50.6B60.8B70.0B53.4B
Retained Earnings35.9B37.9B43.2B31.5B35.9B38.1B
Accounts Payable12.5B10.1B11.2B13.8B15.0B11.9B
Cash29.8B25.0B34.8B32.1B35.6B28.5B
Other Assets2.6B2.1B2.5B2.6B3.0B2.4B
Long Term Debt6.1B14.6B13.4B9.8B18.6B19.6B
Net Receivables11.5B4.4B5.0B4.5B4.0B3.8B
Short Term Investments10.7B4.5B4.0B4.5B7.6B5.2B
Inventory26.9B32.7B37.0B38.1B40.5B29.5B
Other Current Assets10.2B6.0B3.8B9.3B6.8B6.7B
Other Stockholder Equity504.6M1.7B7.4B11.9B13.7B14.4B
Total Liab75.9B74.0B83.2B85.4B91.4B72.0B
Short Long Term Debt42.1B33.8B33.5B35.7B36.1B31.4B
Total Current Assets84.0B78.1B93.2B96.7B102.0B85.6B
Intangible Assets4.2B8.0B7.7B4.1B7.4B5.0B
Property Plant Equipment22.4B28.2B26.8B26.4B30.3B26.8B
Non Current Assets Total50.9B62.8B67.8B70.6B66.1B57.7B
Non Currrent Assets Other2.1B4.5B6.2B8.2B8.6B4.5B
Non Current Liabilities Total7.5B17.7B16.0B12.2B21.1B11.3B
Non Current Liabilities Other252.6M352.3M1.6B388.3M1.4B1.4B
Net Debt18.1B23.3B12.0B13.3B19.1B16.0B
Net Invested Capital100.6B108.3B116.6B118.9B122.1B113.4B
Net Working Capital15.7B21.8B26.0B23.5B31.7B25.0B

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Other Information on Investing in Jiangxi Stock

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