Jiangsu Other Operating Expenses vs Research Development Analysis

600522 Stock   14.75  0.36  2.38%   
Jiangsu Zhongtian financial indicator trend analysis is infinitely more than just investigating Jiangsu Zhongtian recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Zhongtian is a good investment. Please check the relationship between Jiangsu Zhongtian Other Operating Expenses and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Zhongtian 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.

Other Operating Expenses vs Research Development

Other Operating Expenses vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Zhongtian Other Operating Expenses account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiangsu Zhongtian's Other Operating Expenses and Research Development is -0.2. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of Jiangsu Zhongtian Technology, assuming nothing else is changed. The correlation between historical values of Jiangsu Zhongtian's Other Operating Expenses and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Jiangsu Zhongtian Technology are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Other Operating Expenses i.e., Jiangsu Zhongtian's Other Operating Expenses and Research Development go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Jiangsu Zhongtian. It is also known as Jiangsu Zhongtian overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Research Development

Most indicators from Jiangsu Zhongtian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Zhongtian 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 Zhongtian 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 Selling General Administrative is expected to grow to about 1.5 B, whereas Tax Provision is forecasted to decline to about 363.1 M.
 2021 2022 2023 2024 (projected)
Operating Income4.5B4.1B3.6B3.8B
Total Revenue46.2B40.3B45.1B47.3B

Jiangsu Zhongtian fundamental ratios Correlations

0.380.990.990.990.980.990.980.780.610.980.960.950.980.980.540.820.120.470.92-0.670.480.90.850.950.88
0.380.450.280.310.470.310.270.630.870.540.480.320.390.390.750.240.240.60.390.150.560.30.150.480.47
0.990.450.970.980.990.970.960.80.670.990.960.940.980.980.570.810.140.50.91-0.610.520.90.840.950.89
0.990.280.970.990.960.990.990.740.510.940.940.950.970.970.450.820.070.380.92-0.730.410.890.880.920.85
0.990.310.980.990.961.00.990.720.550.960.930.930.960.960.490.830.060.420.92-0.720.420.880.850.940.84
0.980.470.990.960.960.960.940.840.70.990.980.950.990.980.660.760.240.60.9-0.540.610.910.810.940.91
0.990.310.970.991.00.960.980.720.530.950.920.920.960.960.490.820.040.410.93-0.750.390.870.860.950.83
0.980.270.960.990.990.940.980.690.490.930.920.950.960.960.410.830.010.330.89-0.730.370.890.870.90.83
0.780.630.80.740.720.840.720.690.80.840.890.790.840.80.770.520.50.70.81-0.250.620.780.690.820.91
0.610.870.670.510.550.70.530.490.80.740.690.550.610.610.80.380.290.70.580.050.720.540.340.680.67
0.980.540.990.940.960.990.950.930.840.740.970.920.970.970.680.770.220.610.9-0.540.60.880.780.950.9
0.960.480.960.940.930.980.920.920.890.690.970.950.980.970.630.690.320.60.89-0.520.590.90.830.910.93
0.950.320.940.950.930.950.920.950.790.550.920.950.970.970.480.740.180.430.87-0.560.550.960.880.870.91
0.980.390.980.970.960.990.960.960.840.610.970.980.970.980.580.790.280.550.9-0.60.560.920.850.920.92
0.980.390.980.970.960.980.960.960.80.610.970.970.970.980.560.730.140.50.89-0.590.530.930.850.920.9
0.540.750.570.450.490.660.490.410.770.80.680.630.480.580.560.280.540.920.510.030.770.490.230.60.6
0.820.240.810.820.830.760.820.830.520.380.770.690.740.790.730.28-0.040.190.8-0.710.230.680.730.790.65
0.120.240.140.070.060.240.040.010.50.290.220.320.180.280.140.54-0.040.740.10.270.590.210.070.10.37
0.470.60.50.380.420.60.410.330.70.70.610.60.430.550.50.920.190.740.360.120.830.410.150.460.53
0.920.390.910.920.920.90.930.890.810.580.90.890.870.90.890.510.80.10.36-0.70.320.880.90.980.91
-0.670.15-0.61-0.73-0.72-0.54-0.75-0.73-0.250.05-0.54-0.52-0.56-0.6-0.590.03-0.710.270.12-0.70.26-0.5-0.75-0.66-0.44
0.480.560.520.410.420.610.390.370.620.720.60.590.550.560.530.770.230.590.830.320.260.520.170.40.55
0.90.30.90.890.880.910.870.890.780.540.880.90.960.920.930.490.680.210.410.88-0.50.520.880.870.95
0.850.150.840.880.850.810.860.870.690.340.780.830.880.850.850.230.730.070.150.9-0.750.170.880.850.88
0.950.480.950.920.940.940.950.90.820.680.950.910.870.920.920.60.790.10.460.98-0.660.40.870.850.9
0.880.470.890.850.840.910.830.830.910.670.90.930.910.920.90.60.650.370.530.91-0.440.550.950.880.9
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Jiangsu Zhongtian Account Relationship Matchups

Jiangsu Zhongtian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.2B47.1B45.6B48.7B54.7B57.5B
Other Current Liab2.2B5.1B3.1B465.8M288.4M274.0M
Total Current Liabilities12.9B18.0B15.0B16.3B17.7B18.5B
Total Stockholder Equity21.2B23.5B26.9B30.0B33.2B34.8B
Retained Earnings10.3B12.4B12.3B13.9B16.5B17.3B
Accounts Payable9.0B10.2B8.2B8.3B9.9B10.4B
Cash10.0B11.1B12.4B13.7B15.5B16.3B
Net Receivables7.6B9.4B11.2B10.7B13.6B14.2B
Inventory7.1B6.4B5.6B5.4B5.1B2.6B
Other Current Assets2.5B4.9B1.6B1.8B1.3B848.8M
Total Liab18.7B22.9B17.9B17.4B20.1B21.1B
Intangible Assets1.0B1.1B1.0B1.0B1.0B1.1B
Property Plant Equipment8.9B9.6B9.5B9.5B10.9B11.5B
Other Liab597.4M815.0M889.0M884.0M1.0B1.1B
Long Term Debt5.1B3.9B1.9B133.8M1.4B980.6M
Other Assets838.4M588.0M1.0B1.1B1.3B1.4B
Good Will33.4M22.4M8.4M5.6M6.4M12.5M
Net Tangible Assets18.3B20.3B22.4B25.9B29.8B19.7B
Other Stockholder Equity610.1M665.4M831.3M21.3M19.1M18.2M
Deferred Long Term Liab17.3M23.9M23.7M7.7M8.9M17.5M
Short Long Term Debt1.3B1.2B3.5B3.7B3.4B2.3B
Total Current Assets27.7B33.7B32.3B33.7B37.4B27.8B
Non Current Assets Total12.6B13.4B13.6B14.9B17.3B13.6B
Non Currrent Assets Other192.3M290.6M217.9M160.1M683.9M347.2M
Non Current Liabilities Total5.8B4.9B2.9B1.1B2.4B2.8B
Non Current Liabilities Other555.3M25M40M15M13.5M12.8M
Net Invested Capital27.5B28.6B32.3B33.8B38.0B31.8B
Net Working Capital14.7B15.7B17.0B17.5B19.7B16.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

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