Juewei Net Tangible Assets vs Cash Analysis

603517 Stock   15.85  0.17  1.06%   
Juewei Food financial indicator trend analysis is infinitely more than just investigating Juewei Food recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Juewei Food is a good investment. Please check the relationship between Juewei Food Net Tangible Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Juewei Food 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 board of governors.

Net Tangible Assets vs Cash

Net Tangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Juewei Food Net Tangible Assets account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between Juewei Food's Net Tangible Assets and Cash is 0.78. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Juewei Food Co, assuming nothing else is changed. The correlation between historical values of Juewei Food's Net Tangible Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Juewei Food Co are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Tangible Assets i.e., Juewei Food's Net Tangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Cash

Cash refers to the most liquid asset of Juewei Food, which is listed under current asset account on Juewei Food Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Juewei Food customers. The amounts must be unrestricted with restricted cash listed in a different Juewei Food account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Juewei Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Juewei Food 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 Juewei Food 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 board of governors.
As of May 2, 2025, Selling General Administrative is expected to decline to about 477.7 M. In addition to that, Tax Provision is expected to decline to about 250.2 M
 2022 2023 2024 2025 (projected)
Operating Income466.1M717.1M707.7M648.3M
Total Revenue6.6B7.3B6.3B4.7B

Juewei Food fundamental ratios Correlations

0.010.981.00.970.970.790.760.760.94-0.030.970.940.90.910.860.550.98-0.530.880.870.950.970.710.610.71
0.01-0.10.040.22-0.110.160.35-0.260.130.71-0.13-0.080.21-0.06-0.180.350.10.150.010.080.07-0.120.22-0.44-0.44
0.98-0.10.960.920.980.70.640.810.92-0.181.00.940.830.880.870.510.92-0.560.820.80.890.970.580.650.76
1.00.040.960.980.960.820.80.730.950.020.950.940.920.910.850.570.98-0.510.890.880.960.960.740.590.69
0.970.220.920.980.910.790.850.70.960.140.90.910.950.90.820.650.97-0.480.850.890.940.920.760.550.61
0.97-0.110.980.960.910.760.640.750.89-0.170.970.930.840.870.850.530.91-0.630.780.780.910.960.630.590.73
0.790.160.70.820.790.760.780.370.680.230.670.670.760.670.570.570.78-0.240.710.740.910.690.840.260.38
0.760.350.640.80.850.640.780.370.820.510.60.70.860.690.510.680.81-0.160.720.850.830.640.930.380.26
0.76-0.260.810.730.70.750.370.370.71-0.360.830.740.590.890.950.250.73-0.660.690.740.660.860.340.870.95
0.940.130.920.950.960.890.680.820.710.110.90.90.910.870.790.620.93-0.480.810.870.90.90.730.630.6
-0.030.71-0.180.020.14-0.170.230.51-0.360.11-0.24-0.160.1-0.08-0.270.10.10.330.090.230.14-0.140.52-0.28-0.48
0.97-0.131.00.950.90.970.670.60.830.9-0.240.940.820.880.880.470.92-0.590.830.780.870.970.540.670.79
0.94-0.080.940.940.910.930.670.70.740.9-0.160.940.910.890.840.610.9-0.520.820.80.850.920.60.650.73
0.90.210.830.920.950.840.760.860.590.910.10.820.910.830.730.790.91-0.380.810.820.860.820.730.510.53
0.91-0.060.880.910.90.870.670.690.890.87-0.080.880.890.830.970.490.91-0.590.840.910.880.940.670.790.86
0.86-0.180.870.850.820.850.570.510.950.79-0.270.880.840.730.970.370.84-0.690.770.810.790.930.490.810.94
0.550.350.510.570.650.530.570.680.250.620.10.470.610.790.490.370.51-0.180.340.480.570.410.550.160.15
0.980.10.920.980.970.910.780.810.730.930.10.920.90.910.910.840.51-0.490.920.910.930.950.740.620.68
-0.530.15-0.56-0.51-0.48-0.63-0.24-0.16-0.66-0.480.33-0.59-0.52-0.38-0.59-0.69-0.18-0.49-0.26-0.35-0.43-0.6-0.16-0.48-0.64
0.880.010.820.890.850.780.710.720.690.810.090.830.820.810.840.770.340.92-0.260.870.840.890.660.640.68
0.870.080.80.880.890.780.740.850.740.870.230.780.80.820.910.810.480.91-0.350.870.90.870.860.690.67
0.950.070.890.960.940.910.910.830.660.90.140.870.850.860.880.790.570.93-0.430.840.90.90.850.560.62
0.97-0.120.970.960.920.960.690.640.860.9-0.140.970.920.820.940.930.410.95-0.60.890.870.90.620.720.84
0.710.220.580.740.760.630.840.930.340.730.520.540.60.730.670.490.550.74-0.160.660.860.850.620.370.28
0.61-0.440.650.590.550.590.260.380.870.63-0.280.670.650.510.790.810.160.62-0.480.640.690.560.720.370.85
0.71-0.440.760.690.610.730.380.260.950.6-0.480.790.730.530.860.940.150.68-0.640.680.670.620.840.280.85
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Juewei Food Account Relationship Matchups

Juewei Food fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.9B7.4B8.9B9.3B8.2B4.7B
Other Current Liab371.6M596.2M14.1M11.4M15.4M14.6M
Total Current Liabilities903.9M1.5B1.7B2.1B1.6B954.4M
Total Stockholder Equity5.0B5.7B6.9B6.9B6.3B3.6B
Retained Earnings2.8B3.4B3.0B3.3B3.0B1.9B
Accounts Payable418.8M473.3M705.4M713.0M514.1M347.9M
Cash1.1B1.1B1.9B1.1B717.5M862.9M
Other Assets241.5M290.4M291.7M194.6M223.8M157.7M
Net Receivables37.1M154.6M116.0M178.8M188.9M198.3M
Inventory857.4M853.5M701.6M1.1B890.4M599.3M
Other Current Assets211.9M126.6M32.2M43.7M40.4M77.9M
Total Liab932.0M1.7B2.0B2.5B2.0B1.1B
Intangible Assets212.7M249.3M321.3M331.6M340.9M204.1M
Property Plant Equipment1.1B1.4B1.7B2.4B2.7B2.9B
Other Liab13.7M16.7M28.1M63.4M72.9M76.5M
Net Tangible Assets2.9B4.4B4.8B5.5B6.3B3.5B
Other Stockholder Equity1.9M6.3M(4.2M)(4.6M)(4.2M)(4.0M)
Deferred Long Term Liab56.6M75.5M62.4M70.1M80.6M64.1M
Total Current Assets2.2B2.3B2.9B2.9B2.0B2.1B
Non Current Assets Total3.7B5.1B6.0B6.5B6.2B4.3B
Non Currrent Assets Other213.7M110.2M173.3M137.5M108.6M156.9M
Non Current Liabilities Total28.1M234.4M330.0M311.6M415.7M436.5M
Short Long Term Debt35.4M203.2M360.3M783.5M431.8M307.2M
Net Invested Capital5.0B5.9B7.3B7.7B6.9B6.0B
Net Working Capital1.3B816.8M1.2B700.7M444.4M782.5M
Property Plant And Equipment Net1.7B2.4B2.7B3.1B3.0B2.6B
Property Plant And Equipment Gross2.0B2.9B3.3B3.9B3.0B3.1B

Currently Active Assets on Macroaxis

Other Information on Investing in Juewei Stock

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