JiShi Accounts Payable vs Property Plant Equipment Analysis

601929 Stock   1.85  0.04  2.21%   
JiShi Media financial indicator trend analysis is infinitely more than just investigating JiShi Media recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JiShi Media is a good investment. Please check the relationship between JiShi Media Accounts Payable and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JiShi Media Co. 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.

Accounts Payable vs Property Plant Equipment

Accounts Payable vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JiShi Media Accounts Payable account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between JiShi Media's Accounts Payable and Property Plant Equipment is 0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of JiShi Media Co, assuming nothing else is changed. The correlation between historical values of JiShi Media's Accounts Payable 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 Accounts Payable of JiShi Media Co 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 Accounts Payable i.e., JiShi Media's Accounts Payable and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents JiShi Media 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 JiShi Media 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.

Property Plant Equipment

Most indicators from JiShi Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JiShi Media 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 JiShi Media Co. 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 370.4 M, whereas Tax Provision is projected to grow to (1.6 M).
 2021 2022 2023 2024 (projected)
Research Development62.1M66.8M62.8M61.6M
Minority Interest673.2K3.5M3.4M3.2M

JiShi Media fundamental ratios Correlations

0.510.910.940.940.770.140.930.870.890.980.70.960.750.910.960.68-0.640.770.72-0.330.65-0.430.710.83-0.83
0.510.490.570.60.390.210.360.250.590.520.580.40.390.450.350.920.2-0.010.110.420.17-0.060.310.16-0.23
0.910.490.790.870.79-0.050.880.720.850.890.610.920.630.780.890.64-0.630.740.66-0.310.75-0.40.750.86-0.84
0.940.570.790.880.730.240.810.690.840.910.750.790.670.910.860.74-0.450.620.56-0.220.46-0.440.520.64-0.65
0.940.60.870.880.820.020.910.780.840.930.710.890.610.90.910.68-0.540.770.75-0.340.52-0.470.770.79-0.83
0.770.390.790.730.82-0.040.790.560.630.760.640.720.380.710.760.52-0.40.750.77-0.320.29-0.390.680.68-0.65
0.140.21-0.050.240.02-0.04-0.170.140.20.140.090.050.550.04-0.060.260.22-0.2-0.150.12-0.240.3-0.19-0.210.2
0.930.360.880.810.910.79-0.170.860.770.910.620.940.570.850.970.51-0.730.880.82-0.410.66-0.510.770.9-0.89
0.870.250.720.690.780.560.140.860.710.850.480.940.760.730.890.4-0.760.80.8-0.440.66-0.320.730.84-0.83
0.890.590.850.840.840.630.20.770.710.930.560.840.780.870.790.68-0.510.620.47-0.210.59-0.470.490.68-0.68
0.980.520.890.910.930.760.140.910.850.930.580.940.80.920.930.65-0.620.770.67-0.320.61-0.530.670.8-0.8
0.70.580.610.750.710.640.090.620.480.560.580.580.310.560.630.69-0.260.420.55-0.110.33-0.140.480.52-0.54
0.960.40.920.790.890.720.050.940.940.840.940.580.760.820.950.55-0.740.820.78-0.40.74-0.390.790.9-0.89
0.750.390.630.670.610.380.550.570.760.780.80.310.760.60.650.47-0.490.470.37-0.230.53-0.330.410.54-0.53
0.910.450.780.910.90.710.040.850.730.870.920.560.820.60.880.6-0.540.730.59-0.30.48-0.540.550.69-0.69
0.960.350.890.860.910.76-0.060.970.890.790.930.630.950.650.880.53-0.730.850.78-0.40.69-0.450.790.88-0.87
0.680.920.640.740.680.520.260.510.40.680.650.690.550.470.60.530.040.140.230.350.31-0.050.350.32-0.33
-0.640.2-0.63-0.45-0.54-0.40.22-0.73-0.76-0.51-0.62-0.26-0.74-0.49-0.54-0.730.04-0.87-0.730.79-0.790.58-0.57-0.90.86
0.77-0.010.740.620.770.75-0.20.880.80.620.770.420.820.470.730.850.14-0.870.89-0.740.57-0.60.70.91-0.89
0.720.110.660.560.750.77-0.150.820.80.470.670.550.780.370.590.780.23-0.730.89-0.640.48-0.40.80.87-0.85
-0.330.42-0.31-0.22-0.34-0.320.12-0.41-0.44-0.21-0.32-0.11-0.4-0.23-0.3-0.40.350.79-0.74-0.64-0.370.56-0.4-0.640.65
0.650.170.750.460.520.29-0.240.660.660.590.610.330.740.530.480.690.31-0.790.570.48-0.37-0.390.590.82-0.78
-0.43-0.06-0.4-0.44-0.47-0.390.3-0.51-0.32-0.47-0.53-0.14-0.39-0.33-0.54-0.45-0.050.58-0.6-0.40.56-0.39-0.19-0.520.52
0.710.310.750.520.770.68-0.190.770.730.490.670.480.790.410.550.790.35-0.570.70.8-0.40.59-0.190.78-0.79
0.830.160.860.640.790.68-0.210.90.840.680.80.520.90.540.690.880.32-0.90.910.87-0.640.82-0.520.78-0.98
-0.83-0.23-0.84-0.65-0.83-0.650.2-0.89-0.83-0.68-0.8-0.54-0.89-0.53-0.69-0.87-0.330.86-0.89-0.850.65-0.780.52-0.79-0.98
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JiShi Media Account Relationship Matchups

JiShi Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.2B14.2B15.2B14.7B14.4B10.4B
Other Current Liab1.3B1.4B1.0B1.0B918.9K873.0K
Total Current Liabilities3.2B2.9B4.5B4.3B3.1B2.6B
Total Stockholder Equity7.0B6.9B7.0B7.0B6.6B5.4B
Other Liab288.9M280.7M255.3M231.3M266.0M174.8M
Accounts Payable1.7B1.0B1.3B1.5B1.6B1.2B
Cash1.2B561.0M1.2B389.9M577.1M949.8M
Other Assets1.4B1.4B1.4B1.4B1.6B1.0B
Long Term Debt3.7B4.0B3.3B3.1B4.3B2.3B
Net Receivables331.5M344.2M421.5M399.1M339.5M287.5M
Inventory875.0M955.5M974.4M1.0B1.1B617.5M
Other Current Assets379.7M316.9M298.9M242.9M164.2M217.7M
Total Liab7.1B7.2B8.2B7.7B7.8B4.9B
Intangible Assets182.1M249.7M261.7M268.2M250.8M184.0M
Common Stock3.1B3.1B3.1B3.3B3.8B2.5B
Property Plant Equipment8.9B9.3B9.6B9.8B11.3B6.1B
Retained Earnings2.8B2.8B2.8B2.4B255.1M242.3M
Net Tangible Assets6.7B6.6B6.7B6.6B7.6B7.1B
Deferred Long Term Liab868.9M823.6M733.4M751.9M864.7M816.9M
Total Current Assets2.8B2.2B2.9B2.1B2.2B2.0B
Non Current Assets Total11.3B11.9B12.2B12.6B12.2B12.1B
Non Currrent Assets Other6.4M5.8M6.4M6.3M5.6M5.4M
Non Current Liabilities Total4.0B4.3B3.7B3.4B4.7B3.5B
Net Debt2.6B3.9B2.7B3.3B4.0B2.9B
Common Stock Shares Outstanding3.1B3.1B3.1B3.3B3.5B3.5B
Other Stockholder Equity135.5M95.8M112.8M48.0M43.2M41.1M
Net Invested Capital10.7B11.4B10.8B10.6B11.2B11.4B
Net Working Capital(347.2M)(675.2M)(1.5B)(2.1B)(891.6M)(936.2M)
Capital Stock3.1B3.1B3.1B3.3B3.5B3.5B

Currently Active Assets on Macroaxis

Other Information on Investing in JiShi Stock

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