China Change To Inventory vs Stock Based Compensation Analysis

CJJD Stock  USD 2.01  0.01  0.50%   
China Jo financial indicator trend analysis is way more than just evaluating China Jo Jo prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Jo Jo is a good investment. Please check the relationship between China Jo Change To Inventory and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Jo Jo Drugstores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Change To Inventory vs Stock Based Compensation

Change To Inventory vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Jo Jo Change To Inventory account and Stock Based Compensation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between China Jo's Change To Inventory and Stock Based Compensation is -0.16. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of China Jo Jo Drugstores, assuming nothing else is changed. The correlation between historical values of China Jo's Change To Inventory and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of China Jo Jo Drugstores are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Inventory i.e., China Jo's Change To Inventory and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from China Jo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Jo Jo 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 China Jo Jo Drugstores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
At present, China Jo's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 3.8 M, whereas Enterprise Value Over EBITDA is forecasted to decline to (21.86).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.3M718.0K5.4M5.7M
Income Tax Expense1.1M394.5K62.9K59.7K

China Jo fundamental ratios Correlations

0.410.67-0.520.590.80.74-0.120.710.90.970.260.880.90.930.650.810.190.760.79-0.58-0.79-0.290.840.010.75
0.41-0.120.4-0.04-0.01-0.030.1-0.05-0.020.34-0.13-0.020.110.5-0.03-0.13-0.350.350.390.04-0.460.22-0.05-0.020.25
0.67-0.12-0.550.320.520.56-0.520.540.80.560.110.680.550.570.850.89-0.020.740.78-0.34-0.36-0.20.64-0.330.64
-0.520.4-0.55-0.86-0.74-0.920.13-0.93-0.76-0.56-0.76-0.79-0.73-0.47-0.51-0.79-0.47-0.36-0.360.520.430.81-0.81-0.06-0.47
0.59-0.040.32-0.860.760.94-0.030.930.670.640.810.70.730.570.460.660.460.390.41-0.52-0.59-0.770.730.080.54
0.8-0.010.52-0.740.760.82-0.130.790.880.860.370.860.890.70.630.820.40.470.49-0.68-0.62-0.470.860.090.53
0.74-0.030.56-0.920.940.82-0.10.990.830.770.730.860.850.720.560.820.380.520.55-0.56-0.65-0.740.880.050.61
-0.120.1-0.520.13-0.03-0.13-0.1-0.11-0.190.050.02-0.010.09-0.17-0.62-0.40.4-0.51-0.56-0.37-0.120.040.010.73-0.4
0.71-0.050.54-0.930.930.790.99-0.110.80.730.790.830.820.690.540.80.370.520.54-0.53-0.64-0.820.850.040.61
0.9-0.020.8-0.760.670.880.83-0.190.80.890.350.970.930.790.730.950.370.670.69-0.65-0.65-0.430.940.010.7
0.970.340.56-0.560.640.860.770.050.730.890.280.920.950.890.510.760.290.580.61-0.67-0.75-0.330.890.190.6
0.26-0.130.11-0.760.810.370.730.020.790.350.280.420.430.330.150.380.40.250.22-0.21-0.38-0.950.460.070.44
0.88-0.020.68-0.790.70.860.86-0.010.830.970.920.420.970.790.550.880.430.550.56-0.68-0.65-0.490.980.170.61
0.90.110.55-0.730.730.890.850.090.820.930.950.430.970.810.50.80.50.520.53-0.71-0.74-0.470.970.250.59
0.930.50.57-0.470.570.70.72-0.170.690.790.890.330.790.810.510.720.030.720.77-0.32-0.71-0.340.76-0.120.74
0.65-0.030.85-0.510.460.630.56-0.620.540.730.510.150.550.50.510.860.070.820.84-0.34-0.46-0.20.53-0.420.74
0.81-0.130.89-0.790.660.820.82-0.40.80.950.760.380.880.80.720.860.240.730.76-0.52-0.53-0.460.85-0.20.74
0.19-0.35-0.02-0.470.460.40.380.40.370.370.290.40.430.50.030.070.24-0.02-0.1-0.53-0.28-0.380.510.630.18
0.760.350.74-0.360.390.470.52-0.510.520.670.580.250.550.520.720.820.73-0.020.97-0.25-0.7-0.230.5-0.360.94
0.790.390.78-0.360.410.490.55-0.560.540.690.610.220.560.530.770.840.76-0.10.97-0.17-0.64-0.210.52-0.450.9
-0.580.04-0.340.52-0.52-0.68-0.56-0.37-0.53-0.65-0.67-0.21-0.68-0.71-0.32-0.34-0.52-0.53-0.25-0.170.610.28-0.66-0.53-0.26
-0.79-0.46-0.360.43-0.59-0.62-0.65-0.12-0.64-0.65-0.75-0.38-0.65-0.74-0.71-0.46-0.53-0.28-0.7-0.640.610.34-0.62-0.11-0.7
-0.290.22-0.20.81-0.77-0.47-0.740.04-0.82-0.43-0.33-0.95-0.49-0.47-0.34-0.2-0.46-0.38-0.23-0.210.280.34-0.52-0.11-0.4
0.84-0.050.64-0.810.730.860.880.010.850.940.890.460.980.970.760.530.850.510.50.52-0.66-0.62-0.520.250.58
0.01-0.02-0.33-0.060.080.090.050.730.040.010.190.070.170.25-0.12-0.42-0.20.63-0.36-0.45-0.53-0.11-0.110.25-0.3
0.750.250.64-0.470.540.530.61-0.40.610.70.60.440.610.590.740.740.740.180.940.9-0.26-0.7-0.40.58-0.3
Click cells to compare fundamentals

China Jo Account Relationship Matchups

China Jo fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets99.5M106.3M106.4M91.0M95.1M67.2M
Total Stockholder Equity20.6M25.7M24.1M18.0M15.6M22.5M
Net Debt38.3M24.7M30.2M23.3M10.3M10.3M
Retained Earnings(36.4M)(44.9M)(48.1M)(69.3M)(73.5M)(69.8M)
Cash16.2M22.0M18.5M18.8M32.9M34.5M
Cash And Short Term Investments16.3M22.1M18.6M18.8M20.1M10.5M
Common Stock Shares Outstanding136.7K169.9K14.5K509.8K1.4M1.1M
Liabilities And Stockholders Equity99.5M106.3M106.4M91.0M95.1M67.2M
Other Stockholder Equity44.9M54.2M66.5M84.0M86.4M90.7M
Total Liab80.7M81.9M83.6M74.3M80.8M45.3M
Total Current Assets61.0M72.2M75.5M64.5M69.7M47.9M
Total Current Liabilities57.4M64.9M74.4M66.5M74.4M46.4M
Accounts Payable21.6M29.9M27.3M27.0M31.6M19.7M
Net Receivables14.9M18.5M22.5M16.8M19.1M13.1M
Non Current Liabilities Total23.3M17.0M9.2M7.8M6.4M4.9M
Short Long Term Debt Total54.5M46.8M48.7M42.2M43.2M25.8M
Other Current Liab3.9M7.3M1.6M4.8M9.0M5.2M
Property Plant And Equipment Net29.3M23.3M19.7M19.0M18.7M14.7M
Non Current Assets Total38.5M34.1M30.9M26.5M25.4M23.2M
Non Currrent Assets Other794.6K1.7M3.3M1.5M1.8M2.4M
Other Assets2.3M2.5M3.3M2.5M2.2M2.7M
Short Term Investments157.2K91.5K94.6K(12.7M)(11.5M)(10.9M)
Inventory12.2M17.0M16.0M15.3M17.2M12.4M
Other Current Assets163.6K14.6M1.5M13.5M13.3M13.1M
Property Plant And Equipment Gross29.3M23.3M19.7M19.0M30.8M15.6M
Accumulated Other Comprehensive Income2.7M4.1M5.7M3.0M2.3M3.8M
Short Term Debt31.3M29.8M42.8M34.4M36.8M21.3M
Property Plant Equipment8.4M7.4M19.7M19.0M21.9M23.0M
Current Deferred Revenue708.1K1.1M1.9M695.9K518.2K492.3K
Intangible Assets4.4M4.3M4.3M3.9M3.6M3.8M
Net Tangible Assets17.2M22.2M20.5M14.8M13.3M17.6M
Retained Earnings Total Equity(29.7M)(30.6M)(36.4M)(44.9M)(40.4M)(38.4M)
Capital Surpluse43.6M44.9M54.2M66.5M76.5M80.3M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether China Jo Jo is a strong investment it is important to analyze China Jo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Jo's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Jo Jo Drugstores. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Jo. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Jo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.93)
Revenue Per Share
107.003
Quarterly Revenue Growth
(0)
Return On Assets
(0.02)
Return On Equity
(0.27)
The market value of China Jo Jo is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Jo's value that differs from its market value or its book value, called intrinsic value, which is China Jo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Jo's market value can be influenced by many factors that don't directly affect China Jo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Jo's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Jo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Jo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.