Jiangyin Total Liab vs Intangible Assets Analysis

603078 Stock   19.49  0.61  3.23%   
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 Total Liab and its Intangible Assets 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.

Total Liab vs Intangible Assets

Total Liab vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangyin Jianghua Total Liab account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiangyin Jianghua's Total Liab and Intangible Assets is 0.78. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Intangible Assets 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 Total Liab and Intangible 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 Total Liab of Jiangyin Jianghua Microelectronics are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Liab i.e., Jiangyin Jianghua's Total Liab and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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 27, 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
Click cells to compare fundamentals

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

Currently Active Assets on Macroaxis

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.