JiShi Depreciation vs Investments 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 Depreciation and its Investments 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.

Depreciation vs Investments

Depreciation vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JiShi Media Depreciation account and Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between JiShi Media's Depreciation and Investments is -0.71. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Investments 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 Depreciation and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of JiShi Media Co are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Depreciation i.e., JiShi Media's Depreciation and Investments go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Depreciation

Depreciation indicates how much of JiShi Media value has been used up. For tax purposes JiShi Media can deduct the cost of the tangible assets it purchases as business expenses. However, JiShi Media Co must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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.