Jiangsu Good Will vs Total Assets Analysis

601928 Stock   10.47  0.10  0.96%   
Jiangsu Phoenix financial indicator trend analysis is infinitely more than just investigating Jiangsu Phoenix Publ recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Phoenix Publ is a good investment. Please check the relationship between Jiangsu Phoenix Good Will and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Phoenix Publishing. 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.

Good Will vs Total Assets

Good Will vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Phoenix Publ Good Will account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Jiangsu Phoenix's Good Will and Total Assets is -0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Total Assets in the same time period over historical financial statements of Jiangsu Phoenix Publishing, assuming nothing else is changed. The correlation between historical values of Jiangsu Phoenix's Good Will and Total 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 Good Will of Jiangsu Phoenix Publishing are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Good Will i.e., Jiangsu Phoenix's Good Will and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Total Assets

Total assets refers to the total amount of Jiangsu Phoenix 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 Jiangsu Phoenix Publ 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.
Most indicators from Jiangsu Phoenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Phoenix Publ 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 Phoenix Publishing. 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 1.4 B, whereas Discontinued Operations is forecasted to decline to about 106 M.
 2021 2022 2023 2024 (projected)
Operating Income1.6B2.0B1.9B1.2B
Total Revenue12.5B13.6B13.6B10.5B

Jiangsu Phoenix fundamental ratios Correlations

0.480.980.990.80.970.980.130.940.420.350.750.250.990.380.590.950.24-0.860.9-0.60.80.520.740.660.56
0.480.540.40.30.510.560.290.520.330.650.56-0.620.540.280.190.380.39-0.340.23-0.150.21-0.090.52-0.09-0.22
0.980.540.960.720.981.00.10.940.390.390.740.191.00.380.460.910.24-0.880.91-0.620.810.490.780.660.56
0.990.40.960.810.940.950.140.910.390.290.70.310.960.320.640.950.21-0.840.91-0.610.80.520.710.680.57
0.80.30.720.810.770.720.20.770.670.320.810.210.740.620.850.860.3-0.540.53-0.170.40.560.420.350.32
0.970.510.980.940.770.980.150.970.490.390.790.170.980.480.470.890.34-0.870.86-0.510.720.550.710.610.53
0.980.561.00.950.720.980.160.950.440.390.770.150.990.380.450.890.29-0.890.9-0.570.780.510.80.610.52
0.130.290.10.140.20.150.160.070.53-0.320.33-0.190.090.030.27-0.030.7-0.30.030.28-0.29-0.110.46-0.41-0.26
0.940.520.940.910.770.970.950.070.480.530.80.130.950.440.480.890.31-0.810.81-0.470.720.60.670.580.48
0.420.330.390.390.670.490.440.530.480.050.75-0.180.40.740.390.450.69-0.320.150.31-0.090.360.45-0.27-0.17
0.350.650.390.290.320.390.39-0.320.530.050.43-0.370.410.280.220.36-0.06-0.130.12-0.170.290.190.080.170.04
0.750.560.740.70.810.790.770.330.80.750.43-0.080.760.710.580.730.57-0.590.48-0.120.360.410.580.20.22
0.25-0.620.190.310.210.170.15-0.190.13-0.18-0.37-0.080.18-0.190.260.3-0.33-0.390.47-0.390.360.410.090.650.82
0.990.541.00.960.740.980.990.090.950.40.410.760.180.40.490.920.24-0.870.9-0.620.810.490.770.650.55
0.380.280.380.320.620.480.380.030.440.740.280.71-0.190.40.290.440.38-0.190.110.140.020.370.17-0.05-0.01
0.590.190.460.640.850.470.450.270.480.390.220.580.260.490.290.660.15-0.320.33-0.160.270.30.240.250.23
0.950.380.910.950.860.890.89-0.030.890.450.360.730.30.920.440.660.16-0.710.81-0.550.760.510.590.640.51
0.240.390.240.210.30.340.290.70.310.69-0.060.57-0.330.240.380.150.16-0.260.080.24-0.16-0.070.35-0.28-0.25
-0.86-0.34-0.88-0.84-0.54-0.87-0.89-0.3-0.81-0.32-0.13-0.59-0.39-0.87-0.19-0.32-0.71-0.26-0.910.61-0.69-0.49-0.85-0.62-0.69
0.90.230.910.910.530.860.90.030.810.150.120.480.470.90.110.330.810.08-0.91-0.760.90.510.750.820.74
-0.6-0.15-0.62-0.61-0.17-0.51-0.570.28-0.470.31-0.17-0.12-0.39-0.620.14-0.16-0.550.240.61-0.76-0.87-0.02-0.47-0.79-0.66
0.80.210.810.80.40.720.78-0.290.72-0.090.290.360.360.810.020.270.76-0.16-0.690.9-0.870.40.570.850.67
0.52-0.090.490.520.560.550.51-0.110.60.360.190.410.410.490.370.30.51-0.07-0.490.51-0.020.40.340.40.49
0.740.520.780.710.420.710.80.460.670.450.080.580.090.770.170.240.590.35-0.850.75-0.470.570.340.270.34
0.66-0.090.660.680.350.610.61-0.410.58-0.270.170.20.650.65-0.050.250.64-0.28-0.620.82-0.790.850.40.270.89
0.56-0.220.560.570.320.530.52-0.260.48-0.170.040.220.820.55-0.010.230.51-0.25-0.690.74-0.660.670.490.340.89
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Jiangsu Phoenix Account Relationship Matchups

Jiangsu Phoenix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.8B25.6B28.7B29.7B31.4B20.5B
Other Current Liab2.9B3.8B4.2B4.1B112.6M106.9M
Total Current Liabilities8.2B9.2B10.6B10.7B10.6B6.5B
Total Stockholder Equity13.9B14.7B16.1B17.3B19.1B12.4B
Other Liab1.1B1.1B1.1B1.0B1.2B997.2M
Retained Earnings8.4B9.2B10.7B9.1B10.6B6.1B
Accounts Payable4.7B4.8B5.7B5.7B5.4B3.5B
Cash10.3B6.4B3.9B6.4B3.1B5.8B
Other Assets1.0B1.0B1.6B1.1B1.3B728.1M
Net Receivables1.4B723.5M609.1M948.0M635.9M831.5M
Short Term Investments240.9M2.0B5.1B1.4B68.8M65.3M
Inventory2.9B2.2B2.8B2.3B2.2B2.2B
Other Current Assets352.9M1.5B271.9M234.6M6.0B6.3B
Total Liab9.3B10.3B12.2B12.1B11.9B7.6B
Intangible Assets1.0B829.9M795.7M789.7M729.2M819.2M
Property Plant Equipment5.2B5.5B6.3B6.6B7.6B4.7B
Long Term Debt630.6M82.8M230.9M107.2M13.3M12.6M
Good Will154.1M99.7M83.5M81.7M73.6M69.9M
Net Tangible Assets12.8B13.8B15.3B16.4B18.9B13.7B
Other Stockholder Equity85.4M101.6M74.0M41.6M37.4M66.5M
Deferred Long Term Liab164.7M189.2M213.9M391.3M450.0M239.5M
Total Current Assets15.4B13.1B13.8B18.8B12.2B14.5B
Non Current Assets Total8.5B12.5B14.9B10.9B19.2B12.7B
Non Currrent Assets Other22.2M4.1B5.5B1.2B8.9B9.3B
Non Current Liabilities Total1.1B1.1B1.6B1.4B1.3B1.4B
Short Long Term Debt199.0M14.0M20.0M8.0M6.7M6.4M
Net Invested Capital13.9B14.8B16.4B17.4B19.2B16.9B
Net Working Capital7.2B3.9B3.1B8.1B1.6B1.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

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