Shanghai Common Stock vs Intangible Assets Analysis

900914 Stock   0.63  0.01  1.56%   
Shanghai Jin financial indicator trend analysis is much more than just breaking down Shanghai Jin Jiang prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Jin Jiang is a good investment. Please check the relationship between Shanghai Jin Common Stock and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Jin Jiang. 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.

Common Stock vs Intangible Assets

Common Stock vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Jin Jiang Common Stock account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shanghai Jin's Common Stock and Intangible Assets is -0.45. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Shanghai Jin Jiang, assuming nothing else is changed. The correlation between historical values of Shanghai Jin's Common Stock and Intangible 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 Common Stock of Shanghai Jin Jiang are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Common Stock i.e., Shanghai Jin's Common Stock and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.45
Relationship DirectionNegative 
Relationship StrengthVery Weak

Common Stock

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Shanghai Jin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Jin Jiang 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 Shanghai Jin Jiang. 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 February 16, 2025, Selling General Administrative is expected to decline to about 75.5 M. In addition to that, Tax Provision is expected to decline to about 12.4 M
 2022 2023 2024 2025 (projected)
Gross Profit148.1M336.6M302.9M292.7M
Total Revenue2.1B1.9B1.7B1.9B

Shanghai Jin fundamental ratios Correlations

-0.380.480.91-0.280.950.650.110.75-0.340.670.340.34-0.49-0.380.560.68-0.230.730.7-0.56-0.59-0.62-0.390.790.56
-0.380.47-0.630.72-0.57-0.540.21-0.410.44-0.58-0.34-0.290.410.630.43-0.380.68-0.42-0.640.690.590.68-0.03-0.55-0.43
0.480.470.150.190.220.190.580.340.220.120.20.280.00.030.90.110.110.380.0-0.09-0.22-0.2-0.180.320.02
0.91-0.630.15-0.520.990.78-0.120.84-0.530.80.360.33-0.69-0.580.180.69-0.410.770.91-0.58-0.65-0.72-0.30.790.48
-0.280.720.19-0.52-0.44-0.84-0.23-0.660.32-0.8-0.6-0.670.370.950.44-0.330.95-0.7-0.690.510.80.86-0.24-0.63-0.11
0.95-0.570.220.99-0.440.73-0.070.79-0.480.750.330.32-0.61-0.490.290.71-0.340.740.84-0.6-0.63-0.68-0.360.790.54
0.65-0.540.190.78-0.840.730.30.94-0.40.980.630.68-0.54-0.92-0.010.54-0.740.960.86-0.4-0.85-0.87-0.020.840.29
0.110.210.58-0.12-0.23-0.070.30.190.40.240.490.660.46-0.340.37-0.06-0.390.42-0.2-0.04-0.46-0.310.120.370.16
0.75-0.410.340.84-0.660.790.940.19-0.360.910.570.6-0.63-0.780.150.61-0.530.960.89-0.33-0.79-0.8-0.130.820.18
-0.340.440.22-0.530.32-0.48-0.40.4-0.36-0.430.310.320.820.290.11-0.190.19-0.23-0.590.360.040.270.37-0.32-0.43
0.67-0.580.120.8-0.80.750.980.240.91-0.430.650.65-0.52-0.89-0.020.65-0.710.930.86-0.39-0.79-0.830.00.840.37
0.34-0.340.20.36-0.60.330.630.490.570.310.650.940.11-0.690.00.55-0.660.70.39-0.2-0.75-0.690.550.480.03
0.34-0.290.280.33-0.670.320.680.660.60.320.650.940.15-0.740.010.45-0.730.740.35-0.26-0.86-0.740.410.550.0
-0.490.410.0-0.690.37-0.61-0.540.46-0.630.82-0.520.110.150.390.01-0.260.19-0.44-0.820.340.240.450.26-0.38-0.13
-0.380.630.03-0.580.95-0.49-0.92-0.34-0.780.29-0.89-0.69-0.740.390.28-0.340.91-0.84-0.730.390.850.88-0.24-0.7-0.19
0.560.430.90.180.440.29-0.010.370.150.11-0.020.00.010.010.280.150.340.19-0.08-0.120.01-0.01-0.330.250.29
0.68-0.380.110.69-0.330.710.54-0.060.61-0.190.650.550.45-0.26-0.340.15-0.220.560.58-0.32-0.48-0.48-0.040.550.23
-0.230.680.11-0.410.95-0.34-0.74-0.39-0.530.19-0.71-0.66-0.730.190.910.34-0.22-0.63-0.530.580.790.86-0.38-0.57-0.19
0.73-0.420.380.77-0.70.740.960.420.96-0.230.930.70.74-0.44-0.840.190.56-0.630.78-0.33-0.87-0.84-0.050.860.3
0.7-0.640.00.91-0.690.840.86-0.20.89-0.590.860.390.35-0.82-0.73-0.080.58-0.530.78-0.45-0.64-0.76-0.10.690.24
-0.560.69-0.09-0.580.51-0.6-0.4-0.04-0.330.36-0.39-0.2-0.260.340.39-0.12-0.320.58-0.33-0.450.550.720.09-0.56-0.4
-0.590.59-0.22-0.650.8-0.63-0.85-0.46-0.790.04-0.79-0.75-0.860.240.850.01-0.480.79-0.87-0.640.550.92-0.06-0.8-0.18
-0.620.68-0.2-0.720.86-0.68-0.87-0.31-0.80.27-0.83-0.69-0.740.450.88-0.01-0.480.86-0.84-0.760.720.92-0.16-0.78-0.22
-0.39-0.03-0.18-0.3-0.24-0.36-0.020.12-0.130.370.00.550.410.26-0.24-0.33-0.04-0.38-0.05-0.10.09-0.06-0.16-0.37-0.36
0.79-0.550.320.79-0.630.790.840.370.82-0.320.840.480.55-0.38-0.70.250.55-0.570.860.69-0.56-0.8-0.78-0.370.52
0.56-0.430.020.48-0.110.540.290.160.18-0.430.370.030.0-0.13-0.190.290.23-0.190.30.24-0.4-0.18-0.22-0.360.52
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Shanghai Jin Account Relationship Matchups

Shanghai Jin fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.2B5.2B5.3B5.1B5.9B5.4B
Other Current Liab407.9M333.3M506.9M7.3M6.6M6.3M
Total Current Liabilities871.5M760.3M921.3M589.7M678.1M779.3M
Total Stockholder Equity3.5B3.6B3.9B3.9B4.5B3.9B
Other Liab311.0M359.4M354.0M302.1M271.9M273.6M
Net Tangible Assets3.2B3.2B3.3B3.4B3.9B3.5B
Retained Earnings1.9B2.0B2.5B2.2B2.5B2.0B
Accounts Payable207.3M193.7M149.4M68.3M78.5M144.8M
Cash1.3B1.1B2.0B1.6B1.8B1.3B
Other Assets96.9M95.7M63.2M57.2M51.5M59.8M
Net Receivables133.8M174.1M195.8M184.5M212.2M159.2M
Short Term Investments78.1M71.7M69.5M72.9M83.9M66.0M
Inventory187.9M154.8M165.0M141.7M163.0M163.5M
Other Current Assets62.4M63.9M23.3M28.1M25.3M41.0M
Other Stockholder Equity759.8M712.4M727.8M542.6M488.3M623.9M
Total Liab1.2B1.2B1.2B949.8M1.1B1.2B
Deferred Long Term Liab7.9M5.5M7.2M7.3M8.4M7.1M
Total Current Assets2.1B1.9B2.4B2.1B2.4B1.8B
Intangible Assets307.4M302.4M423.7M424.9M488.6M366.6M
Property Plant Equipment841.9M783.1M989.5M872.1M784.9M769.0M
Non Current Assets Total3.1B3.3B2.9B3.0B2.7B2.5B
Non Currrent Assets Other33.3M5.8M5.9M26.4M23.8M22.6M
Non Current Liabilities Total359.4M446.4M307.3M360.2M414.2M380.9M
Short Long Term Debt72.5M52.9M91.1M20M23M21.9M
Net Invested Capital3.6B3.6B3.9B4.0B4.5B4.0B
Net Working Capital1.2B1.1B1.5B1.5B1.7B1.2B
Property Plant And Equipment Net782.4M989.5M872.1M926.2M1.1B969.9M
Property Plant And Equipment Gross1.8B1.9B872.1M2.0B1.8B1.4B

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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