Jinhui Non Currrent Assets Other vs Retained Earnings Analysis

603919 Stock   18.62  0.31  1.64%   
Jinhui Liquor financial indicator trend analysis is infinitely more than just investigating Jinhui Liquor recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinhui Liquor is a good investment. Please check the relationship between Jinhui Liquor Non Currrent Assets Other and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinhui Liquor 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.

Non Currrent Assets Other vs Retained Earnings

Non Currrent Assets Other vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhui Liquor Non Currrent Assets Other account and Retained Earnings. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Jinhui Liquor's Non Currrent Assets Other and Retained Earnings is 0.18. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Jinhui Liquor Co, assuming nothing else is changed. The correlation between historical values of Jinhui Liquor's Non Currrent Assets Other and Retained Earnings 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 Jinhui Liquor Co are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Jinhui Liquor's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Jinhui Liquor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinhui Liquor 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 Jinhui Liquor 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.
The current year's Tax Provision is expected to grow to about 52.3 M, whereas Selling General Administrative is forecasted to decline to about 285.4 M.
 2022 2023 2024 2025 (projected)
Operating Income301.9M376.8M433.4M311.8M
Total Revenue2.0B2.5B2.9B1.6B

Jinhui Liquor fundamental ratios Correlations

-0.350.780.990.920.760.820.870.09-0.450.880.520.550.790.970.930.870.97-0.820.95-0.820.880.19-0.260.380.77
-0.35-0.48-0.29-0.42-0.29-0.54-0.49-0.210.04-0.54-0.45-0.54-0.08-0.22-0.19-0.4-0.310.16-0.490.16-0.390.120.49-0.24-0.51
0.78-0.480.70.690.380.780.650.08-0.430.730.270.860.610.670.580.680.66-0.380.85-0.380.560.03-0.330.080.74
0.99-0.290.70.910.770.780.870.02-0.410.860.540.430.770.980.940.860.99-0.880.92-0.880.890.22-0.230.390.73
0.92-0.420.690.910.710.920.960.04-0.420.980.50.470.730.890.860.940.93-0.840.89-0.840.930.18-0.570.410.84
0.76-0.290.380.770.710.560.660.14-0.40.650.480.260.690.780.810.650.75-0.740.62-0.740.80.41-0.230.580.55
0.82-0.540.780.780.920.560.90.01-0.440.950.320.60.670.730.650.870.79-0.670.87-0.670.760.05-0.70.180.89
0.87-0.490.650.870.960.660.90.05-0.310.950.490.440.640.840.770.910.9-0.760.87-0.760.910.09-0.550.290.84
0.09-0.210.080.020.040.140.010.05-0.120.10.00.480.160.040.060.13-0.010.240.090.240.10.070.050.120.08
-0.450.04-0.43-0.41-0.42-0.4-0.44-0.31-0.12-0.41-0.03-0.48-0.72-0.48-0.37-0.32-0.320.29-0.390.29-0.21-0.170.16-0.18-0.24
0.88-0.540.730.860.980.650.950.950.1-0.410.510.560.670.830.750.950.88-0.740.91-0.740.890.13-0.630.370.88
0.52-0.450.270.540.50.480.320.490.0-0.030.510.160.180.490.510.410.57-0.540.51-0.540.61-0.19-0.130.820.35
0.55-0.540.860.430.470.260.60.440.48-0.480.560.160.530.420.360.460.37-0.060.63-0.060.35-0.07-0.330.110.6
0.79-0.080.610.770.730.690.670.640.16-0.720.670.180.530.810.780.60.69-0.630.67-0.630.620.12-0.270.290.57
0.97-0.220.670.980.890.780.730.840.04-0.480.830.490.420.810.940.850.97-0.850.89-0.850.880.3-0.190.390.69
0.93-0.190.580.940.860.810.650.770.06-0.370.750.510.360.780.940.760.92-0.890.77-0.890.870.26-0.180.50.61
0.87-0.40.680.860.940.650.870.910.13-0.320.950.410.460.60.850.760.91-0.740.89-0.730.910.37-0.50.290.84
0.97-0.310.660.990.930.750.790.9-0.01-0.320.880.570.370.690.970.920.91-0.90.92-0.890.930.25-0.290.390.76
-0.820.16-0.38-0.88-0.84-0.74-0.67-0.760.240.29-0.74-0.54-0.06-0.63-0.85-0.89-0.74-0.9-0.71.0-0.82-0.210.28-0.47-0.56
0.95-0.490.850.920.890.620.870.870.09-0.390.910.510.630.670.890.770.890.92-0.7-0.690.830.12-0.360.270.84
-0.820.16-0.38-0.88-0.84-0.74-0.67-0.760.240.29-0.74-0.54-0.06-0.63-0.85-0.89-0.73-0.891.0-0.69-0.82-0.210.28-0.47-0.55
0.88-0.390.560.890.930.80.760.910.1-0.210.890.610.350.620.880.870.910.93-0.820.83-0.820.28-0.460.530.81
0.190.120.030.220.180.410.050.090.07-0.170.13-0.19-0.070.120.30.260.370.25-0.210.12-0.210.280.090.020.1
-0.260.49-0.33-0.23-0.57-0.23-0.7-0.550.050.16-0.63-0.13-0.33-0.27-0.19-0.18-0.5-0.290.28-0.360.28-0.460.09-0.16-0.73
0.38-0.240.080.390.410.580.180.290.12-0.180.370.820.110.290.390.50.290.39-0.470.27-0.470.530.02-0.160.2
0.77-0.510.740.730.840.550.890.840.08-0.240.880.350.60.570.690.610.840.76-0.560.84-0.550.810.1-0.730.2
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Jinhui Liquor Account Relationship Matchups

Jinhui Liquor fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.5B3.8B4.1B4.4B5.1B2.8B
Other Current Liab291.7M421.4M65.9M74.3M66.9M63.5M
Total Current Liabilities714.9M751.4M905.1M1.0B1.2B731.4M
Total Stockholder Equity2.8B3.0B3.2B3.3B3.8B1.9B
Retained Earnings1.4B1.6B1.5B1.7B1.9B2.0B
Accounts Payable208.9M120.2M144.4M175.3M201.6M149.2M
Cash591.9M666.7M810.1M1.0B1.2B1.3B
Other Assets13.7M27.9M23.8M35.0M40.3M42.3M
Net Receivables7.9M9.2M6.5M7.2M6.5M12.9M
Inventory1.1B1.3B1.5B1.6B1.9B2.0B
Other Current Assets8.4M22.5M30.3M23.2M26.7M17.2M
Total Liab753.7M791.6M944.4M1.1B1.2B856.7M
Intangible Assets187.4M183.4M198.8M212.9M244.9M181.1M
Property Plant Equipment1.5B1.6B1.6B1.5B1.7B1.2B
Other Liab10.0M23.4M38.8M32.5M37.3M39.2M
Net Tangible Assets1.8B2.4B2.6B2.8B3.2B2.1B
Total Current Assets1.7B2.0B2.4B2.7B3.1B1.7B
Non Current Assets Total1.8B1.7B1.7B1.7B1.9B1.8B
Non Currrent Assets Other1.6B16.4M3.8M2.9M3.3M3.2M
Non Current Liabilities Total38.8M40.2M39.3M50.7M58.3M56.1M
Deferred Long Term Liab860K1.7M10.0M9.0M10.3M10.9M
Net Invested Capital2.8B3.0B3.2B3.3B3.8B3.0B
Net Working Capital1.0B1.3B1.5B1.7B2.0B1.1B
Property Plant And Equipment Net1.6B1.5B1.5B1.4B1.2B1.2B
Property Plant And Equipment Gross2.0B2.1B2.1B1.4B1.2B1.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Jinhui Stock

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