Jiangyin Income Tax Expense vs Net Income From Continuing Ops Analysis

603078 Stock   20.56  2.28  9.98%   
Jiangyin Jianghua financial indicator trend analysis is infinitely more than just investigating Jiangyin Jianghua recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangyin Jianghua is a good investment. Please check the relationship between Jiangyin Jianghua Income Tax Expense and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangyin Jianghua Microelectronics. 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.

Income Tax Expense vs Net Income From Continuing Ops

Income Tax Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangyin Jianghua Income Tax Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangyin Jianghua's Income Tax Expense and Net Income From Continuing Ops is 0.42. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Jiangyin Jianghua Microelectronics, assuming nothing else is changed. The correlation between historical values of Jiangyin Jianghua's Income Tax Expense and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Jiangyin Jianghua Microelectronics are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Tax Expense i.e., Jiangyin Jianghua's Income Tax Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Net Income From Continuing Ops

Most indicators from Jiangyin Jianghua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangyin Jianghua 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 Jiangyin Jianghua Microelectronics. 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.
As of November 30, 2024, Tax Provision is expected to decline to about 8.6 M. In addition to that, Selling General Administrative is expected to decline to about 31.4 M
 2021 2022 2023 2024 (projected)
Gross Profit175.5M260.6M268.3M189.4M
Total Revenue792.1M939.2M1.0B671.9M

Jiangyin Jianghua fundamental ratios Correlations

0.160.90.990.540.970.990.820.930.980.490.520.90.860.930.960.620.950.340.960.860.840.90.980.770.99
0.160.310.13-0.40.10.070.110.150.220.390.410.28-0.290.19-0.06-0.170.260.460.060.170.2-0.030.18-0.150.19
0.90.310.850.320.820.860.940.710.970.70.710.980.730.860.820.390.970.60.750.870.80.770.940.540.93
0.990.130.850.550.990.990.750.940.950.460.490.860.860.880.970.590.890.250.980.850.870.910.950.810.95
0.54-0.40.320.550.620.610.260.60.45-0.35-0.330.230.810.460.660.410.4-0.360.640.210.110.630.580.860.56
0.970.10.820.990.620.980.70.940.920.40.430.820.880.840.980.550.860.20.970.810.820.890.950.860.94
0.990.070.860.990.610.980.770.940.960.430.450.860.90.90.990.620.910.220.980.860.830.940.970.840.97
0.820.110.940.750.260.70.770.560.90.680.710.930.710.830.750.450.920.690.650.790.750.680.850.370.84
0.930.150.710.940.60.940.940.560.850.270.310.720.770.860.910.720.810.070.970.760.720.860.880.850.9
0.980.220.970.950.450.920.960.90.850.590.620.960.820.930.920.540.990.480.890.880.840.860.980.670.98
0.490.390.70.46-0.350.40.430.680.270.590.970.750.230.410.40.00.590.740.30.750.780.350.470.010.47
0.520.410.710.49-0.330.430.450.710.310.620.970.770.240.480.430.10.630.830.340.720.770.30.510.00.49
0.90.280.980.860.230.820.860.930.720.960.750.770.690.830.830.430.940.60.750.930.880.760.910.50.9
0.86-0.290.730.860.810.880.90.710.770.820.230.240.690.750.940.50.770.080.860.670.630.870.870.860.85
0.930.190.860.880.460.840.90.830.860.930.410.480.830.750.850.760.960.450.880.730.70.80.910.60.95
0.96-0.060.820.970.660.980.990.750.910.920.40.430.830.940.850.610.870.180.960.840.810.910.950.860.93
0.62-0.170.390.590.410.550.620.450.720.540.00.10.430.50.760.610.580.070.690.450.40.550.530.450.6
0.950.260.970.890.40.860.910.920.810.990.590.630.940.770.960.870.580.550.840.830.780.810.960.590.97
0.340.460.60.25-0.360.20.220.690.070.480.740.830.60.080.450.180.070.550.120.370.440.020.38-0.270.36
0.960.060.750.980.640.970.980.650.970.890.30.340.750.860.880.960.690.840.120.760.770.90.910.860.93
0.860.170.870.850.210.810.860.790.760.880.750.720.930.670.730.840.450.830.370.760.920.830.820.580.83
0.840.20.80.870.110.820.830.750.720.840.780.770.880.630.70.810.40.780.440.770.920.740.770.50.77
0.9-0.030.770.910.630.890.940.680.860.860.350.30.760.870.80.910.550.810.020.90.830.740.860.840.91
0.980.180.940.950.580.950.970.850.880.980.470.510.910.870.910.950.530.960.380.910.820.770.860.770.98
0.77-0.150.540.810.860.860.840.370.850.670.010.00.50.860.60.860.450.59-0.270.860.580.50.840.770.75
0.990.190.930.950.560.940.970.840.90.980.470.490.90.850.950.930.60.970.360.930.830.770.910.980.75
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Jiangyin Jianghua Account Relationship Matchups

Jiangyin Jianghua fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B2.0B2.2B2.9B2.7B1.9B
Other Current Liab13.5M176.8M6.1M3.9M10.3K9.8K
Total Current Liabilities337.0M541.5M679.3M437.5M523.7M402.9M
Total Stockholder Equity790.3M1.1B1.2B1.6B1.6B1.1B
Other Liab17.8M17.6M23.1M26.8M30.9M22.7M
Net Tangible Assets708.2M1.0B1.1B1.6B1.8B954.8M
Retained Earnings357.0M404.2M442.7M530.8M535.8M439.5M
Accounts Payable156.5M173.1M375.4M210.6M166.8M177.0M
Cash345.8M550.9M292.7M998.6M845.2M492.5M
Non Current Assets Total745.4M1.2B1.5B1.4B1.4B993.1M
Non Currrent Assets Other141.2M117.2M114.7M8.6M40.9M74.1M
Other Assets146.5M122.3M125.0M35.2M40.5M38.5M
Net Receivables219.7M183.6M310.3M309.7M365.7M274.1M
Non Current Liabilities Total223.1M331.6M415.8M595.4M308.5M276.5M
Inventory33.1M30.5M50.3M68.2M75.6M43.9M
Other Current Assets5.8M3.7M5.6M16.4M4.4M6.4M
Total Liab560.1M873.1M1.1B1.0B832.2M679.4M
Short Long Term Debt155.2M175.2M235.2M70.1M5.0M4.8M
Total Current Assets604.4M803.9M773.7M1.5B1.3B880.3M
Intangible Assets82.1M84.3M83.5M85.6M85.7M83.8M
Common Stock109.2M150.7M196.0M296.6M341.1M358.2M
Property Plant Equipment516.9M977.8M1.3B1.3B1.5B746.7M
Net Invested Capital1.2B1.6B1.8B2.0B1.9B1.6B
Net Working Capital267.4M262.4M94.4M1.0B791.0M509.2M
Capital Stock109.2M150.7M196.0M296.6M385.6M224.1M

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Other Information on Investing in Jiangyin Stock

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