Hubei Retained Earnings vs Accounts Payable Analysis

600566 Stock   30.10  0.26  0.87%   
Hubei Jumpcan financial indicator trend analysis is much more than just examining Hubei Jumpcan Pharma latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Jumpcan Pharma is a good investment. Please check the relationship between Hubei Jumpcan Retained Earnings and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Jumpcan Pharmaceutical. 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 Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Jumpcan Pharma Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hubei Jumpcan's Retained Earnings and Accounts Payable is 0.95. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Hubei Jumpcan Pharmaceutical, assuming nothing else is changed. The correlation between historical values of Hubei Jumpcan's Retained Earnings and Accounts Payable 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 Hubei Jumpcan Pharmaceutical are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Hubei Jumpcan's Retained Earnings and Accounts Payable 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.

Accounts Payable

An accounting item on the balance sheet that represents Hubei Jumpcan obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Hubei Jumpcan Pharma are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Hubei Jumpcan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Jumpcan Pharma 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 Hubei Jumpcan Pharmaceutical. 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 4.1 B, whereas Tax Provision is forecasted to decline to about 298.4 M.
 2021 2022 2023 2024 (projected)
Operating Income1.7B2.3B2.9B3.0B
Total Revenue7.6B9.0B9.7B10.1B

Hubei Jumpcan fundamental ratios Correlations

0.250.991.00.981.00.930.970.540.940.960.070.990.830.570.90.92-0.160.890.70.470.780.970.89-0.290.33
0.250.120.250.370.18-0.110.020.420.490.260.410.240.590.630.560.01-0.10.34-0.460.510.510.060.52-0.080.61
0.990.120.990.940.990.970.990.540.90.950.020.980.760.530.840.94-0.20.860.770.380.720.980.82-0.290.22
1.00.250.990.981.00.930.970.530.940.960.060.990.820.570.890.93-0.160.90.690.480.790.980.89-0.310.31
0.980.370.940.980.970.840.930.50.930.950.130.970.840.580.930.86-0.120.90.590.60.860.930.95-0.330.41
1.00.180.991.00.970.950.980.490.920.960.050.990.80.520.870.93-0.160.890.730.420.770.990.87-0.330.28
0.93-0.110.970.930.840.950.980.430.790.88-0.080.920.620.380.70.95-0.190.780.870.230.590.970.69-0.30.08
0.970.020.990.970.930.980.980.420.840.92-0.040.960.70.420.790.95-0.120.850.820.390.720.990.81-0.320.18
0.540.420.540.530.50.490.430.420.690.480.060.560.660.860.670.36-0.620.370.270.290.320.40.390.040.29
0.940.490.90.940.930.920.790.840.690.920.250.950.940.740.970.78-0.320.830.510.450.760.850.88-0.270.49
0.960.260.950.960.950.960.880.920.480.920.180.970.830.540.90.84-0.120.840.660.40.760.920.88-0.310.38
0.070.410.020.060.130.05-0.08-0.040.060.250.180.10.340.210.29-0.12-0.270.08-0.18-0.020.09-0.020.26-0.270.43
0.990.240.980.990.970.990.920.960.560.950.970.10.830.580.910.9-0.170.870.710.450.760.960.89-0.240.4
0.830.590.760.820.840.80.620.70.660.940.830.340.830.730.940.57-0.280.720.360.480.730.70.83-0.270.58
0.570.630.530.570.580.520.380.420.860.740.540.210.580.730.740.37-0.480.620.220.380.620.420.56-0.080.36
0.90.560.840.890.930.870.70.790.670.970.90.290.910.940.740.68-0.250.80.450.60.810.790.93-0.20.63
0.920.010.940.930.860.930.950.950.360.780.84-0.120.90.570.370.68-0.050.850.730.340.650.970.72-0.270.05
-0.16-0.1-0.2-0.16-0.12-0.16-0.19-0.12-0.62-0.32-0.12-0.27-0.17-0.28-0.48-0.25-0.05-0.06-0.160.21-0.02-0.11-0.020.370.03
0.890.340.860.90.90.890.780.850.370.830.840.080.870.720.620.80.85-0.060.580.460.920.870.87-0.330.25
0.7-0.460.770.690.590.730.870.820.270.510.66-0.180.710.360.220.450.73-0.160.580.060.40.780.43-0.14-0.05
0.470.510.380.480.60.420.230.390.290.450.4-0.020.450.480.380.60.340.210.460.060.580.390.630.10.5
0.780.510.720.790.860.770.590.720.320.760.760.090.760.730.620.810.65-0.020.920.40.580.730.91-0.390.4
0.970.060.980.980.930.990.970.990.40.850.92-0.020.960.70.420.790.97-0.110.870.780.390.730.82-0.320.19
0.890.520.820.890.950.870.690.810.390.880.880.260.890.830.560.930.72-0.020.870.430.630.910.82-0.290.59
-0.29-0.08-0.29-0.31-0.33-0.33-0.3-0.320.04-0.27-0.31-0.27-0.24-0.27-0.08-0.2-0.270.37-0.33-0.140.1-0.39-0.32-0.290.17
0.330.610.220.310.410.280.080.180.290.490.380.430.40.580.360.630.050.030.25-0.050.50.40.190.590.17
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Hubei Jumpcan Account Relationship Matchups

Hubei Jumpcan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7B10.5B12.1B15.0B18.1B19.1B
Other Current Liab1.2B1.3B1.2B1.3B47.1M44.7M
Total Current Liabilities1.8B2.0B2.8B3.4B4.6B4.8B
Total Stockholder Equity6.1B7.8B9.1B11.3B13.3B14.0B
Other Liab144.2M183.1M198.4M201.2M231.4M242.9M
Retained Earnings3.8B4.1B5.4B7.0B8.8B9.3B
Accounts Payable436.1M452.5M705.4M1.3B2.1B2.2B
Cash2.3B3.0B3.8B4.8B7.7B8.1B
Net Receivables2.1B1.9B2.1B2.8B2.7B2.9B
Inventory338.5M278.4M375.6M391.5M490.1M514.6M
Other Current Assets33.0M38.1M58.3M54.2M6.9M6.5M
Total Liab2.6B2.8B3.0B3.6B4.8B5.0B
Intangible Assets335.8M283.8M280.0M320.6M315.7M331.5M
Common Stock400.2M436.3M436.3M452.7M520.7M262.8M
Property Plant Equipment3.0B3.1B3.0B2.9B3.3B3.4B
Short Term Investments190M1.3B1.7B3.0B3.2B3.3B
Other Assets125.2M192.8M198.5M128.2M115.4M128.5M
Net Tangible Assets5.6B7.3B8.7B10.8B12.5B6.5B
Deferred Long Term Liab4.4M23.7M13.2M3.9M4.5M8.1M
Total Current Assets4.9B6.6B8.1B11.2B14.2B14.9B
Non Current Assets Total3.8B3.9B4.0B3.8B3.9B3.9B
Non Currrent Assets Other31.6M76.8M78.6M15.2M56.3M52.6M
Non Current Liabilities Total720.3M785.6M199.4M201.4M183.0M359.6M
Common Stock Shares Outstanding814.9M888.3M888.3M921.8M921.8M952.2M
Other Stockholder Equity101.6M100.9M100.9M100.8M90.7M86.2M
Net Invested Capital6.7B8.4B9.1B11.7B14.4B9.6B
Net Working Capital3.1B4.6B5.3B7.7B9.6B5.5B
Capital Stock400.2M436.3M436.3M452.7M452.7M472.7M

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Other Information on Investing in Hubei Stock

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