Jingjin Non Currrent Assets Other vs Common Stock Analysis

603279 Stock   19.63  0.06  0.30%   
Jingjin Environmental financial indicator trend analysis is infinitely more than just investigating Jingjin Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jingjin Environmental is a good investment. Please check the relationship between Jingjin Environmental Non Currrent Assets Other and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jingjin Environmental Protection. 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.

Non Currrent Assets Other vs Common Stock

Non Currrent Assets Other vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jingjin Environmental Non Currrent Assets Other account and Common Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Jingjin Environmental's Non Currrent Assets Other and Common Stock is -0.72. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Common Stock in the same time period over historical financial statements of Jingjin Environmental Protection, assuming nothing else is changed. The correlation between historical values of Jingjin Environmental's Non Currrent Assets Other and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Jingjin Environmental Protection are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Non Currrent Assets Other i.e., Jingjin Environmental's Non Currrent Assets Other and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Common Stock

Most indicators from Jingjin Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jingjin Environmental 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 Jingjin Environmental Protection. 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 December 3, 2024, Tax Provision is expected to decline to about 149.1 M. In addition to that, Selling General Administrative is expected to decline to about 290 M
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.7B2.0B1.3B
Total Revenue4.7B5.7B6.2B4.1B

Jingjin Environmental fundamental ratios Correlations

0.471.01.00.860.991.00.950.960.960.910.230.830.990.620.991.01.00.890.960.950.950.990.94-0.850.94
0.470.50.450.130.470.490.420.590.350.3-0.090.040.460.780.470.490.510.330.320.360.350.390.49-0.540.34
1.00.50.990.850.990.990.960.950.960.90.250.820.990.650.991.00.990.90.960.950.950.980.92-0.840.95
1.00.450.990.861.00.990.930.960.960.920.210.830.990.581.00.990.990.870.950.940.941.00.95-0.870.93
0.860.130.850.860.820.860.870.760.90.950.270.990.840.550.820.860.830.90.860.850.920.880.76-0.650.94
0.990.470.991.00.820.990.920.960.950.90.190.790.990.561.00.990.990.860.950.940.920.990.95-0.860.91
1.00.490.990.990.860.990.940.950.970.920.180.820.990.630.990.990.990.890.950.950.940.990.93-0.830.93
0.950.420.960.930.870.920.940.850.980.840.340.840.930.690.920.960.920.960.980.980.980.930.79-0.670.97
0.960.590.950.960.760.960.950.850.860.870.110.720.940.620.960.950.980.80.860.840.870.950.98-0.940.86
0.960.350.960.960.90.950.970.980.860.90.250.870.950.60.950.970.930.950.980.990.970.960.83-0.70.96
0.910.30.90.920.950.90.920.840.870.90.150.940.90.570.90.90.90.830.840.850.890.940.88-0.790.9
0.23-0.090.250.210.270.190.180.340.110.250.150.290.250.130.180.250.220.260.330.270.340.220.14-0.170.34
0.830.040.820.830.990.790.820.840.720.870.940.290.810.470.80.820.80.870.840.830.90.860.74-0.620.91
0.990.460.990.990.840.990.990.930.940.950.90.250.810.590.990.990.990.850.950.930.920.980.94-0.840.92
0.620.780.650.580.550.560.630.690.620.60.570.130.470.590.570.650.610.680.550.590.660.550.5-0.480.66
0.990.470.991.00.821.00.990.920.960.950.90.180.80.990.570.990.990.850.950.940.910.990.94-0.850.91
1.00.491.00.990.860.990.990.960.950.970.90.250.820.990.650.990.990.90.970.960.960.980.92-0.830.95
1.00.510.990.990.830.990.990.920.980.930.90.220.80.990.610.990.990.860.940.920.920.990.96-0.890.92
0.890.330.90.870.90.860.890.960.80.950.830.260.870.850.680.850.90.860.940.940.980.890.72-0.610.98
0.960.320.960.950.860.950.950.980.860.980.840.330.840.950.550.950.970.940.940.980.970.960.83-0.720.96
0.950.360.950.940.850.940.950.980.840.990.850.270.830.930.590.940.960.920.940.980.960.950.79-0.660.95
0.950.350.950.940.920.920.940.980.870.970.890.340.90.920.660.910.960.920.980.970.960.950.82-0.721.0
0.990.390.981.00.880.990.990.930.950.960.940.220.860.980.550.990.980.990.890.960.950.950.94-0.850.94
0.940.490.920.950.760.950.930.790.980.830.880.140.740.940.50.940.920.960.720.830.790.820.94-0.970.82
-0.85-0.54-0.84-0.87-0.65-0.86-0.83-0.67-0.94-0.7-0.79-0.17-0.62-0.84-0.48-0.85-0.83-0.89-0.61-0.72-0.66-0.72-0.85-0.97-0.73
0.940.340.950.930.940.910.930.970.860.960.90.340.910.920.660.910.950.920.980.960.951.00.940.82-0.73
Click cells to compare fundamentals

Jingjin Environmental Account Relationship Matchups

Jingjin Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B5.2B6.0B8.0B8.6B5.7B
Other Current Liab1.4B1.7B1.9B3.0B142.6M135.5M
Total Current Liabilities2.0B2.2B2.5B3.9B4.0B2.5B
Total Stockholder Equity2.7B3.0B3.4B4.0B4.5B3.2B
Other Liab27.1M40.1M58.3M92.4M106.2M111.5M
Net Tangible Assets2.5B2.8B3.2B3.7B4.3B2.7B
Retained Earnings1.1B1.3B1.7B2.2B2.3B1.5B
Accounts Payable206.1M221.6M247.9M548.8M534.2M314.9M
Cash1.2B1.6B1.5B2.0B1.8B1.3B
Non Current Assets Total1.1B1.2B1.6B2.3B2.7B1.6B
Other Assets76.2M136.1M251.6M259.6M298.6M313.5M
Net Receivables845.7M439.1M530.1M709.2M725.2M714.6M
Non Current Liabilities Total27.1M40.1M58.3M93.5M126.0M132.3M
Inventory1.5B1.6B1.9B2.5B2.8B1.8B
Other Current Assets64.0M84.4M102.5M236.6M61.8M105.5M
Other Stockholder Equity26.6M31.0M35.3M40.6M46.6M30.2M
Total Liab2.0B2.3B2.6B4.0B4.1B2.5B
Total Current Assets3.6B4.0B4.3B5.6B6.0B4.1B
Intangible Assets183.8M205.0M200.4M290.7M282.3M234.9M
Common Stock400.0M411.7M411.9M576.7M663.2M447.3M
Property Plant Equipment814.2M894.2M1.2B1.8B2.0B1.1B
Common Stock Shares Outstanding400.0M411.7M411.9M576.7M576.7M486.5M
Net Invested Capital2.7B3.0B3.4B4.0B4.7B3.4B
Net Working Capital1.6B1.8B1.8B1.8B2.0B1.7B
Non Currrent Assets Other2.7M33.8M131.4M119.6M145.7M167.4M
Capital Stock400.0M411.7M411.9M576.7M576.7M501.7M

Currently Active Assets on Macroaxis

Other Information on Investing in Jingjin Stock

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