Scienjoy Net Tangible Assets vs Common Stock Analysis
| SJ Stock | USD 0.92 0.05 5.15% |
Scienjoy Holding financial indicator trend analysis is much more than just breaking down Scienjoy Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Scienjoy Holding Corp is a good investment. Please check the relationship between Scienjoy Holding Net Tangible Assets and its Common Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scienjoy Holding Corp. 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.
Net Tangible Assets vs Common Stock
Net Tangible Assets vs Common Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Scienjoy Holding Corp Net Tangible Assets account and Common Stock. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Scienjoy Holding's Net Tangible Assets and Common Stock is 0.92. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Scienjoy Holding Corp, assuming nothing else is changed. The correlation between historical values of Scienjoy Holding's Net Tangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Scienjoy Holding Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Tangible Assets i.e., Scienjoy Holding's Net Tangible Assets and Common Stock go up and down completely randomly.
Correlation Coefficient | 0.92 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
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.Common Stock
Most indicators from Scienjoy Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Scienjoy Holding Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scienjoy Holding Corp. 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 this time, Scienjoy Holding's Enterprise Value is relatively stable compared to the past year.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 4.0M | 2.5M | 2.7M | 2.7M | Tax Provision | 5.6M | 18.1M | 8.5M | 9.3M |
Scienjoy Holding fundamental ratios Correlations
Click cells to compare fundamentals
Scienjoy Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Scienjoy Holding fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 280.0M | 811.8M | 1.1B | 1.5B | 1.4B | 940.9M | |
| Other Current Liab | 32.5M | 152.2M | 61.7M | 30.2M | 42.4M | 58.6M | |
| Total Current Liabilities | 105.5M | 277.5M | 221.2M | 265.5M | 234.1M | 202.4M | |
| Total Stockholder Equity | 174.5M | 459.5M | 809.4M | 1.2B | 1.2B | 688.3M | |
| Net Debt | (131.8M) | (224.8M) | (240.9M) | (150.3M) | (192.7M) | (202.3M) | |
| Retained Earnings | 152.8M | 322.6M | 479.2M | 665.1M | 673.5M | 420.4M | |
| Accounts Payable | 27.2M | 67.1M | 85.8M | 116.3M | 73.2M | 82.7M | |
| Cash | 137.4M | 224.8M | 240.9M | 175.3M | 205.5M | 180.4M | |
| Non Current Assets Total | 10.5M | 345.1M | 436.8M | 853.2M | 871.5M | 461.5M | |
| Non Currrent Assets Other | 4.1M | 1.4M | 1.2M | 953K | 8.1M | 8.5M | |
| Cash And Short Term Investments | 137.4M | 224.8M | 279.7M | 215.8M | 237.0M | 200.7M | |
| Net Receivables | 127.2M | 228.2M | 258.4M | 317.8M | 261.0M | 265.6M | |
| Liabilities And Stockholders Equity | 280.0M | 811.8M | 1.1B | 1.5B | 1.4B | 940.9M | |
| Other Stockholder Equity | 0.0 | 122.1M | 159.9M | 17.4M | (50.0M) | (47.5M) | |
| Total Liab | 105.5M | 352.3M | 279.9M | 339.5M | 298.7M | 252.3M | |
| Total Current Assets | 269.5M | 466.7M | 652.5M | 648.8M | 577.0M | 479.3M | |
| Common Stock | 9.7M | (96.3M) | 153.2M | 420.8M | 447.5M | 469.9M |
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Is Movies & Entertainment 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 Scienjoy Holding. If investors know Scienjoy 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 Scienjoy Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Earnings Share (0.24) | Revenue Per Share 36.299 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0194 |
The market value of Scienjoy Holding Corp is measured differently than its book value, which is the value of Scienjoy that is recorded on the company's balance sheet. Investors also form their own opinion of Scienjoy Holding's value that differs from its market value or its book value, called intrinsic value, which is Scienjoy Holding'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 Scienjoy Holding's market value can be influenced by many factors that don't directly affect Scienjoy Holding'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 Scienjoy Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scienjoy Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scienjoy Holding'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.