Jiangsu Net Tangible Assets vs Property Plant Equipment Analysis

601928 Stock   10.32  0.12  1.18%   
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 Net Tangible Assets and its Property Plant Equipment 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.

Net Tangible Assets vs Property Plant Equipment

Net Tangible Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Phoenix Publ Net Tangible Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Phoenix's Net Tangible Assets and Property Plant Equipment is 0.81. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Property Plant Equipment 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 Net Tangible Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Jiangsu Phoenix Publishing are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Tangible Assets i.e., Jiangsu Phoenix's Net Tangible Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Property Plant Equipment

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
Click cells to compare fundamentals

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.