Jinhui Total Stockholder Equity vs Net Tangible Assets Analysis

603919 Stock

20.13 0.99 4.69%

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 Total Stockholder Equity and its Net Tangible Assets 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.

Total Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhui Liquor Total Stockholder Equity account and Net Tangible Assets. At this time, the significance of the direction appears to have totally related.

The correlation between Jinhui Liquor's Total Stockholder Equity and Net Tangible Assets is 0.99. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets 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 Total Stockholder Equity and Net Tangible 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 Stockholder Equity of Jinhui Liquor Co are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Jinhui Liquor's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.

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.

As of November 24, 2024, Selling General Administrative is expected to decline to about 313 M. In addition to that, Tax Provision is expected to decline to about 52.3 M

	2021	2022	2023	2024 (projected)
Operating Income	394.7M	301.9M	376.8M	311.8M
Total Revenue	1.8B	2.0B	2.5B	1.6B

Operating Income Total Revenue

Jinhui Liquor fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Common Stock Shares Outstanding
Total Assets		-0.21	0.69	0.99	0.99	0.71	0.81	0.86	0.07	-0.41	0.89	0.47	0.38	0.75	0.98	0.95	0.87	0.97	-0.85	0.93	-0.85	0.85	0.26	-0.29	0.37	0.74
Other Current Liab	-0.21		-0.35	-0.16	-0.17	-0.18	-0.42	-0.43	-0.2	-0.03	-0.44	-0.4	-0.44	0.08	-0.13	-0.12	-0.34	-0.23	0.1	-0.38	0.09	-0.28	0.11	0.55	-0.21	-0.5
Total Current Liabilities	0.69	-0.35		0.6	0.65	0.21	0.74	0.61	0.05	-0.4	0.69	0.15	0.78	0.51	0.62	0.55	0.66	0.6	-0.34	0.77	-0.34	0.42	0.09	-0.38	0.0	0.72
Total Stockholder Equity	0.99	-0.16	0.6		0.99	0.73	0.77	0.85	-0.01	-0.36	0.87	0.49	0.24	0.72	0.98	0.95	0.85	0.99	-0.9	0.91	-0.9	0.87	0.28	-0.25	0.38	0.7
Retained Earnings	0.99	-0.17	0.65	0.99		0.71	0.77	0.86	0.05	-0.38	0.88	0.49	0.32	0.72	0.99	0.95	0.87	0.98	-0.86	0.92	-0.85	0.87	0.29	-0.25	0.39	0.71
Accounts Payable	0.71	-0.18	0.21	0.73	0.71		0.5	0.61	0.13	-0.36	0.61	0.43	0.07	0.64	0.73	0.78	0.61	0.7	-0.73	0.54	-0.73	0.77	0.46	-0.22	0.57	0.47
Cash	0.81	-0.42	0.74	0.77	0.77	0.5		0.9	-0.01	-0.42	0.94	0.25	0.47	0.62	0.74	0.67	0.89	0.81	-0.69	0.88	-0.69	0.72	0.11	-0.74	0.13	0.91
Other Assets	0.86	-0.43	0.61	0.85	0.86	0.61	0.9		0.04	-0.27	0.96	0.44	0.32	0.58	0.82	0.76	0.91	0.89	-0.75	0.89	-0.75	0.88	0.11	-0.6	0.26	0.85
Long Term Debt	0.07	-0.2	0.05	-0.01	0.05	0.13	-0.01	0.04		-0.11	0.09	-0.01	0.55	0.15	0.02	0.05	0.11	-0.03	0.26	0.07	0.27	0.09	0.08	0.04	0.12	0.07
Net Receivables	-0.41	-0.03	-0.4	-0.36	-0.38	-0.36	-0.42	-0.27	-0.11		-0.38	0.02	-0.45	-0.71	-0.44	-0.34	-0.28	-0.28	0.26	-0.34	0.26	-0.15	-0.19	0.18	-0.16	-0.22
Inventory	0.89	-0.44	0.69	0.87	0.88	0.61	0.94	0.96	0.09	-0.38		0.48	0.43	0.62	0.84	0.77	0.96	0.9	-0.75	0.94	-0.75	0.88	0.2	-0.62	0.36	0.87
Other Current Assets	0.47	-0.4	0.15	0.49	0.49	0.43	0.25	0.44	-0.01	0.02	0.48		0.02	0.09	0.44	0.47	0.36	0.53	-0.52	0.47	-0.52	0.58	-0.18	-0.12	0.82	0.28
Total Liab	0.38	-0.44	0.78	0.24	0.32	0.07	0.47	0.32	0.55	-0.45	0.43	0.02		0.4	0.28	0.26	0.37	0.22	0.07	0.45	0.07	0.14	-0.04	-0.35	0.05	0.51
Intangible Assets	0.75	0.08	0.51	0.72	0.72	0.64	0.62	0.58	0.15	-0.71	0.62	0.09	0.4		0.77	0.76	0.55	0.63	-0.61	0.58	-0.61	0.54	0.16	-0.25	0.26	0.48
Common Stock	0.98	-0.13	0.62	0.98	0.99	0.73	0.74	0.82	0.02	-0.44	0.84	0.44	0.28	0.77		0.94	0.83	0.96	-0.85	0.9	-0.85	0.83	0.33	-0.22	0.37	0.69
Property Plant Equipment	0.95	-0.12	0.55	0.95	0.95	0.78	0.67	0.76	0.05	-0.34	0.77	0.47	0.26	0.76	0.94		0.75	0.91	-0.89	0.78	-0.89	0.84	0.28	-0.21	0.48	0.61
Other Liab	0.87	-0.34	0.66	0.85	0.87	0.61	0.89	0.91	0.11	-0.28	0.96	0.36	0.37	0.55	0.83	0.75		0.9	-0.72	0.92	-0.72	0.89	0.41	-0.55	0.26	0.85
Net Tangible Assets	0.97	-0.23	0.6	0.99	0.98	0.7	0.81	0.89	-0.03	-0.28	0.9	0.53	0.22	0.63	0.96	0.91	0.9		-0.89	0.94	-0.89	0.89	0.28	-0.33	0.37	0.76
Short Long Term Debt	-0.85	0.1	-0.34	-0.9	-0.86	-0.73	-0.69	-0.75	0.26	0.26	-0.75	-0.52	0.07	-0.61	-0.85	-0.89	-0.72	-0.89		-0.72	1.0	-0.83	-0.23	0.31	-0.46	-0.55
Total Current Assets	0.93	-0.38	0.77	0.91	0.92	0.54	0.88	0.89	0.07	-0.34	0.94	0.47	0.45	0.58	0.9	0.78	0.92	0.94	-0.72		-0.72	0.79	0.2	-0.43	0.25	0.86
Short Term Debt	-0.85	0.09	-0.34	-0.9	-0.85	-0.73	-0.69	-0.75	0.27	0.26	-0.75	-0.52	0.07	-0.61	-0.85	-0.89	-0.72	-0.89	1.0	-0.72		-0.83	-0.23	0.31	-0.46	-0.55
Non Current Assets Total	0.85	-0.28	0.42	0.87	0.87	0.77	0.72	0.88	0.09	-0.15	0.88	0.58	0.14	0.54	0.83	0.84	0.89	0.89	-0.83	0.79	-0.83		0.34	-0.41	0.53	0.68
Non Currrent Assets Other	0.26	0.11	0.09	0.28	0.29	0.46	0.11	0.11	0.08	-0.19	0.2	-0.18	-0.04	0.16	0.33	0.28	0.41	0.28	-0.23	0.2	-0.23	0.34		0.1	0.03	0.11
Short Term Investments	-0.29	0.55	-0.38	-0.25	-0.25	-0.22	-0.74	-0.6	0.04	0.18	-0.62	-0.12	-0.35	-0.25	-0.22	-0.21	-0.55	-0.33	0.31	-0.43	0.31	-0.41	0.1		-0.16	-0.75
Non Current Liabilities Total	0.37	-0.21	0.0	0.38	0.39	0.57	0.13	0.26	0.12	-0.16	0.36	0.82	0.05	0.26	0.37	0.48	0.26	0.37	-0.46	0.25	-0.46	0.53	0.03	-0.16		0.17
Common Stock Shares Outstanding	0.74	-0.5	0.72	0.7	0.71	0.47	0.91	0.85	0.07	-0.22	0.87	0.28	0.51	0.48	0.69	0.61	0.85	0.76	-0.55	0.86	-0.55	0.68	0.11	-0.75	0.17

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Jinhui Liquor Account Relationship Matchups

Jinhui Liquor fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.5B	3.8B	4.1B	4.4B	2.8B
Other Current Liab	306.5M	291.7M	421.4M	65.9M	74.3M	70.6M
Total Current Liabilities	613.7M	714.9M	751.4M	905.1M	1.0B	731.4M
Total Stockholder Equity	2.5B	2.8B	3.0B	3.2B	3.3B	1.9B
Retained Earnings	1.2B	1.4B	1.6B	1.5B	1.7B	935.5M
Accounts Payable	169.5M	208.9M	120.2M	144.4M	175.3M	149.2M
Cash	501.8M	591.9M	666.7M	810.1M	1.0B	1.1B
Other Assets	13.7M	27.9M	23.8M	35.0M	40.3M	42.3M
Net Receivables	49.1M	7.9M	9.2M	6.5M	7.2M	12.9M
Inventory	848.0M	1.1B	1.3B	1.5B	1.6B	1.7B
Other Current Assets	16.9M	8.4M	22.5M	30.3M	23.2M	17.2M
Total Liab	637.0M	753.7M	791.6M	944.4M	1.1B	856.7M
Intangible Assets	166.8M	187.4M	183.4M	198.8M	212.9M	181.1M
Property Plant Equipment	1.5B	1.6B	1.6B	1.5B	1.7B	1.2B
Other Liab	10.0M	23.4M	38.8M	32.5M	37.3M	39.2M
Net Tangible Assets	1.8B	2.4B	2.6B	2.8B	3.2B	2.1B
Total Current Assets	1.4B	1.7B	2.0B	2.4B	2.7B	1.7B
Non Current Assets Total	1.8B	1.8B	1.7B	1.7B	1.7B	1.8B
Non Currrent Assets Other	18.4M	1.6B	16.4M	3.8M	2.9M	2.8M
Non Current Liabilities Total	23.4M	38.8M	40.2M	39.3M	50.7M	56.1M
Deferred Long Term Liab	860K	1.7M	10.0M	9.0M	10.3M	10.9M
Net Invested Capital	2.5B	2.8B	3.0B	3.2B	3.3B	3.0B
Net Working Capital	802.2M	1.0B	1.3B	1.5B	1.7B	1.1B

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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.

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Jinhui Total Stockholder Equity vs Net Tangible Assets Analysis

Total Stockholder Equity vs Net Tangible Assets

Total Stockholder Equity vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Net Tangible Assets

Jinhui Liquor fundamental ratios Correlations

Jinhui Liquor Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jinhui Liquor fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Jinhui Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Retained Earnings

Short Term Debt	- 0.9	Total Stockholder Equity
Short Long Term Debt	- 0.9	Total Stockholder Equity
Short Term Debt	- 0.89	Net Tangible Assets
Short Long Term Debt	- 0.89	Net Tangible Assets
Short Term Debt	- 0.89	Property Plant Equipment
Short Long Term Debt	- 0.89	Property Plant Equipment