Jiangxi Retained Earnings vs Common Stock Shares Outstanding Analysis

688057 Stock   11.59  0.25  2.11%   
Jiangxi JDL financial indicator trend analysis is infinitely more than just investigating Jiangxi JDL Environmental recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi JDL Environmental is a good investment. Please check the relationship between Jiangxi JDL Retained Earnings and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi JDL Environmental. 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.

Retained Earnings vs Common Stock Shares Outstanding

Retained Earnings vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi JDL Environmental Retained Earnings account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangxi JDL's Retained Earnings and Common Stock Shares Outstanding is 0.94. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Jiangxi JDL Environmental, assuming nothing else is changed. The correlation between historical values of Jiangxi JDL's Retained Earnings and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Jiangxi JDL Environmental are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Retained Earnings i.e., Jiangxi JDL's Retained Earnings and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Jiangxi JDL's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi JDL 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 Jiangxi JDL Environmental. 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.
The current year's Selling General Administrative is expected to grow to about 82.8 M, whereas Tax Provision is forecasted to decline to about 10.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense2.2M1.8M2.5M2.8M
Interest Income40.5M31.1M41.5M26.8M

Jiangxi JDL fundamental ratios Correlations

0.96-0.921.00.98-0.470.980.480.85-0.880.820.96-0.17-0.940.02-0.891.0-0.911.00.960.561.01.00.24-0.80.68
0.96-0.910.970.93-0.450.950.270.8-0.880.780.96-0.19-0.940.09-0.890.97-0.90.970.960.520.980.950.1-0.760.6
-0.92-0.91-0.93-0.920.75-0.88-0.5-0.770.97-0.84-0.990.510.97-0.271.0-0.930.86-0.92-0.99-0.21-0.93-0.93-0.20.93-0.77
1.00.97-0.930.98-0.490.980.460.85-0.890.830.97-0.2-0.950.05-0.911.0-0.911.00.970.541.01.00.23-0.810.68
0.980.93-0.920.98-0.530.940.580.89-0.90.90.94-0.24-0.950.08-0.890.98-0.850.980.940.530.980.990.3-0.850.74
-0.47-0.450.75-0.49-0.53-0.37-0.61-0.370.81-0.67-0.650.930.69-0.690.8-0.490.36-0.46-0.650.43-0.48-0.49-0.350.89-0.82
0.980.95-0.880.980.94-0.370.370.83-0.80.710.93-0.04-0.88-0.13-0.840.98-0.960.980.930.610.980.980.12-0.70.55
0.480.27-0.50.460.58-0.610.370.42-0.550.660.43-0.45-0.520.28-0.520.47-0.240.470.430.020.450.510.77-0.690.81
0.850.8-0.770.850.89-0.370.830.42-0.720.810.77-0.07-0.77-0.18-0.740.85-0.780.850.770.610.850.87-0.04-0.70.45
-0.88-0.880.97-0.89-0.90.81-0.8-0.55-0.72-0.91-0.950.610.98-0.450.98-0.890.73-0.87-0.95-0.15-0.89-0.88-0.330.97-0.87
0.820.78-0.840.830.9-0.670.710.660.81-0.910.81-0.49-0.910.39-0.840.83-0.570.820.810.320.820.840.43-0.910.85
0.960.96-0.990.970.94-0.650.930.430.77-0.950.81-0.39-0.970.21-0.970.97-0.90.961.00.320.970.960.2-0.880.73
-0.17-0.190.51-0.2-0.240.93-0.04-0.45-0.070.61-0.49-0.390.47-0.870.57-0.20.03-0.16-0.390.67-0.19-0.18-0.350.7-0.71
-0.94-0.940.97-0.95-0.950.69-0.88-0.52-0.770.98-0.91-0.970.47-0.350.96-0.950.79-0.94-0.97-0.31-0.95-0.94-0.330.93-0.83
0.020.09-0.270.050.08-0.69-0.130.28-0.18-0.450.390.21-0.87-0.35-0.340.060.220.020.21-0.60.040.010.5-0.490.64
-0.89-0.891.0-0.91-0.890.8-0.84-0.52-0.740.98-0.84-0.970.570.96-0.34-0.910.82-0.89-0.97-0.14-0.9-0.9-0.220.95-0.8
1.00.97-0.931.00.98-0.490.980.470.85-0.890.830.97-0.2-0.950.06-0.91-0.911.00.970.541.01.00.23-0.810.69
-0.91-0.90.86-0.91-0.850.36-0.96-0.24-0.780.73-0.57-0.90.030.790.220.82-0.91-0.91-0.9-0.51-0.91-0.910.090.63-0.41
1.00.97-0.921.00.98-0.460.980.470.85-0.870.820.96-0.16-0.940.02-0.891.0-0.910.960.561.01.00.23-0.790.67
0.960.96-0.990.970.94-0.650.930.430.77-0.950.811.0-0.39-0.970.21-0.970.97-0.90.960.320.970.960.2-0.880.73
0.560.52-0.210.540.530.430.610.020.61-0.150.320.320.67-0.31-0.6-0.140.54-0.510.560.320.540.55-0.05-0.02-0.04
1.00.98-0.931.00.98-0.480.980.450.85-0.890.820.97-0.19-0.950.04-0.91.0-0.911.00.970.541.00.22-0.80.67
1.00.95-0.931.00.99-0.490.980.510.87-0.880.840.96-0.18-0.940.01-0.91.0-0.911.00.960.551.00.24-0.820.69
0.240.1-0.20.230.3-0.350.120.77-0.04-0.330.430.2-0.35-0.330.5-0.220.230.090.230.2-0.050.220.24-0.40.74
-0.8-0.760.93-0.81-0.850.89-0.7-0.69-0.70.97-0.91-0.880.70.93-0.490.95-0.810.63-0.79-0.88-0.02-0.8-0.82-0.4-0.91
0.680.6-0.770.680.74-0.820.550.810.45-0.870.850.73-0.71-0.830.64-0.80.69-0.410.670.73-0.040.670.690.74-0.91
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Other Information on Investing in Jiangxi Stock

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