Bank Total Assets vs Intangible Assets Analysis

600919 Stock   8.88  0.02  0.23%   
Bank of Jiangsu financial indicator trend analysis is way more than just evaluating Bank of Jiangsu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Jiangsu is a good investment. Please check the relationship between Bank of Jiangsu Total Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Jiangsu. 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.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Jiangsu Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Bank of Jiangsu's Total Assets and Intangible Assets is 0.06. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Bank of Jiangsu, assuming nothing else is changed. The correlation between historical values of Bank of Jiangsu's Total Assets and Intangible Assets 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 Bank of Jiangsu are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Bank of Jiangsu's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Assets

Total assets refers to the total amount of Bank of Jiangsu 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 Bank of Jiangsu 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.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Bank of Jiangsu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Jiangsu 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 Bank of Jiangsu. 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 Selling General Administrative is expected to grow to about 12.1 B. The current year's Tax Provision is expected to grow to about 9.1 B
 2023 2024 (projected)
Operating Income18.0B15.7B
Total Revenue74.3B78.0B

Bank of Jiangsu fundamental ratios Correlations

0.99-0.450.360.98-0.451.00.060.810.940.750.920.90.90.880.890.570.720.860.860.280.890.830.770.830.87
0.99-0.360.390.98-0.450.990.010.80.930.730.890.920.910.90.910.620.730.880.910.320.910.820.810.820.89
-0.45-0.36-0.05-0.440.06-0.46-0.38-0.44-0.34-0.48-0.67-0.13-0.25-0.21-0.24-0.19-0.02-0.41-0.060.33-0.2-0.48-0.06-0.48-0.19
0.360.39-0.050.37-0.290.360.030.440.430.510.330.290.420.460.490.2-0.050.180.450.30.40.410.470.410.45
0.980.98-0.440.37-0.490.98-0.070.760.920.740.910.90.910.90.90.60.720.860.880.290.910.840.80.840.9
-0.45-0.450.06-0.29-0.49-0.450.47-0.38-0.29-0.57-0.53-0.32-0.53-0.53-0.52-0.43-0.14-0.48-0.370.02-0.53-0.65-0.45-0.65-0.54
1.00.99-0.460.360.98-0.450.060.810.940.750.920.90.890.870.890.570.720.860.860.280.890.830.760.830.87
0.060.01-0.380.03-0.070.470.060.350.040.150.08-0.13-0.12-0.12-0.12-0.05-0.13-0.09-0.13-0.13-0.12-0.05-0.12-0.05-0.1
0.810.8-0.440.440.76-0.380.810.350.720.810.760.630.840.850.840.580.430.690.70.340.820.790.780.790.74
0.940.93-0.340.430.92-0.290.940.040.720.610.80.940.840.820.860.350.80.720.850.50.830.660.710.660.79
0.750.73-0.480.510.74-0.570.750.150.810.610.810.520.760.770.730.610.250.580.60.020.740.860.690.860.82
0.920.89-0.670.330.91-0.530.920.080.760.80.810.690.780.760.770.570.470.850.65-0.020.760.890.610.890.76
0.90.92-0.130.290.9-0.320.9-0.130.630.940.520.690.870.850.870.410.920.730.910.570.870.620.770.620.82
0.90.91-0.250.420.91-0.530.89-0.120.840.840.760.780.870.990.990.590.690.810.870.480.990.870.910.870.92
0.880.9-0.210.460.9-0.530.87-0.120.850.820.770.760.850.990.990.650.640.790.90.480.980.850.940.850.93
0.890.91-0.240.490.9-0.520.89-0.120.840.860.730.770.870.990.990.570.670.790.880.530.980.840.920.840.89
0.570.62-0.190.20.6-0.430.57-0.050.580.350.610.570.410.590.650.570.190.630.66-0.060.660.660.740.660.68
0.720.73-0.02-0.050.72-0.140.72-0.130.430.80.250.470.920.690.640.670.190.560.740.610.690.360.560.360.6
0.860.88-0.410.180.86-0.480.86-0.090.690.720.580.850.730.810.790.790.630.560.730.060.790.860.640.860.76
0.860.91-0.060.450.88-0.370.86-0.130.70.850.60.650.910.870.90.880.660.740.730.530.90.650.880.650.88
0.280.320.330.30.290.020.28-0.130.340.50.02-0.020.570.480.480.53-0.060.610.060.530.480.010.530.010.3
0.890.91-0.20.40.91-0.530.89-0.120.820.830.740.760.870.990.980.980.660.690.790.90.480.840.950.840.94
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.840.741.00.85
0.770.81-0.060.470.8-0.450.76-0.120.780.710.690.610.770.910.940.920.740.560.640.880.530.950.740.740.88
0.830.82-0.480.410.84-0.650.83-0.050.790.660.860.890.620.870.850.840.660.360.860.650.010.841.00.740.85
0.870.89-0.190.450.9-0.540.87-0.10.740.790.820.760.820.920.930.890.680.60.760.880.30.940.850.880.85
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Bank of Jiangsu Account Relationship Matchups

Bank of Jiangsu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1T2.3T2.6T3.0T3.4T3.6T
Total Stockholder Equity132.8B178.0B192.2B208.6B250.4B262.9B
Other Liab6.9B8.2B10.3B11.9B10.7B10.4B
Cash198.3B237.3B1.9T256.4B288.5B242.8B
Other Assets1.2T1.4T1.7T1.9T2.2T2.3T
Total Liab1.9T2.2T2.4T2.8T3.1T3.3T
Intangible Assets635.6M599.2M589.5M580.5M534.5M572.2M
Property Plant Equipment5.5B5.3B5.2B8.7B10.0B10.5B
Retained Earnings80.7B91.5B104.7B122.4B63.8B49.8B
Other Current Liab7.3B10.1B17.6B27.1B31.2B32.7B
Total Current Liabilities1.9T2.1T2.4T2.7T3.1T2.1T
Net Tangible Assets112.2B157.5B171.7B185.7B213.6B132.8B
Accounts Payable1.2T1.3T1.4T1.6T1.9T1.4T
Net Receivables422.8M8.1B15.0B4.6B5.3B4.7B
Other Current Assets139.9B129.3B140.9B128.9B148.2B142.5B
Other Stockholder Equity578.2M4.4B24.1B25.1B28.8B30.2B
Deferred Long Term Liab261.1M273.0M294.6M376.5M433.0M336.8M
Long Term Investments784.8B848.5B920.3B1.1T1.2T825.4B
Total Current Assets229.9B443.0B503.4B527.2B606.3B388.6B
Net Debt203.0B227.1B266.1B324.0B255.1B234.2B
Common Stock Shares Outstanding12.2B14.8B14.8B14.8B18.4B15.6B
Net Invested Capital514.1B622.5B676.6B769.0B774.0B655.9B
Capital Stock31.5B34.7B34.7B34.7B38.3B37.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

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