Taiji Non Current Assets Total vs Property Plant Equipment Analysis

002368 Stock   25.36  0.40  1.60%   
Taiji Computer financial indicator trend analysis is much more than just breaking down Taiji Computer Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Taiji Computer Corp is a good investment. Please check the relationship between Taiji Computer Non Current Assets Total and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiji Computer 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 nation.

Non Current Assets Total vs Property Plant Equipment

Non Current Assets Total vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Taiji Computer Corp Non Current Assets Total account and Property Plant Equipment. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Taiji Computer's Non Current Assets Total and Property Plant Equipment is 0.89. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Taiji Computer Corp, assuming nothing else is changed. The correlation between historical values of Taiji Computer's Non Current Assets Total and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Taiji Computer Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Non Current Assets Total i.e., Taiji Computer's Non Current Assets Total and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant Equipment

Most indicators from Taiji Computer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Taiji Computer 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiji Computer 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 nation.
The current year's Selling General Administrative is expected to grow to about 359.6 M, whereas Tax Provision is forecasted to decline to about 9.9 M.
 2021 2022 2023 2024 (projected)
Operating Income674.2M628.4M589.3M368.8M
Total Revenue10.5B10.6B9.2B6.1B

Taiji Computer fundamental ratios Correlations

0.341.00.950.990.870.890.70.910.920.120.990.950.890.730.86-0.20.90.51-0.770.950.630.90.690.690.18
0.340.360.190.30.00.50.040.410.220.770.380.320.190.510.240.44-0.05-0.55-0.250.210.68-0.010.480.5-0.39
1.00.360.930.980.870.880.670.930.930.131.00.940.880.690.84-0.190.890.5-0.760.960.620.890.680.680.17
0.950.190.930.970.830.780.720.840.840.050.910.960.880.710.89-0.280.910.6-0.760.870.50.870.540.530.26
0.990.30.980.970.860.860.690.880.90.130.980.950.90.740.88-0.220.920.54-0.790.930.630.90.660.660.21
0.870.00.870.830.860.750.770.780.97-0.180.870.80.920.540.77-0.610.90.8-0.780.940.280.950.510.510.27
0.890.50.880.780.860.750.720.770.820.210.910.810.80.690.7-0.060.720.29-0.630.870.740.790.890.890.07
0.70.040.670.720.690.770.720.570.74-0.130.680.630.830.420.5-0.480.730.61-0.590.740.30.790.490.480.26
0.910.410.930.840.880.780.770.570.850.130.920.850.790.540.8-0.160.750.4-0.70.860.530.770.520.520.34
0.920.220.930.840.90.970.820.740.850.030.920.830.940.640.78-0.50.870.67-0.850.970.450.920.590.580.18
0.120.770.130.050.13-0.180.21-0.130.130.030.140.140.040.370.070.36-0.13-0.46-0.21-0.010.63-0.160.170.19-0.45
0.990.381.00.910.980.870.910.680.920.920.140.930.880.720.83-0.170.880.47-0.760.960.650.890.730.730.16
0.950.320.940.960.950.80.810.630.850.830.140.930.840.790.85-0.180.840.47-0.720.850.540.80.60.60.09
0.890.190.880.880.90.920.80.830.790.940.040.880.840.710.77-0.530.860.67-0.90.890.450.890.550.540.24
0.730.510.690.710.740.540.690.420.540.640.370.720.790.710.7-0.090.540.18-0.730.590.610.510.640.65-0.23
0.860.240.840.890.880.770.70.50.80.780.070.830.850.770.7-0.270.770.52-0.710.770.480.760.50.50.2
-0.20.44-0.19-0.28-0.22-0.61-0.06-0.48-0.16-0.50.36-0.17-0.18-0.53-0.09-0.27-0.41-0.790.5-0.360.4-0.470.170.18-0.25
0.9-0.050.890.910.920.90.720.730.750.87-0.130.880.840.860.540.77-0.410.76-0.720.920.410.970.530.520.34
0.51-0.550.50.60.540.80.290.610.40.67-0.460.470.470.670.180.52-0.790.76-0.570.62-0.120.760.050.030.42
-0.77-0.25-0.76-0.76-0.79-0.78-0.63-0.59-0.7-0.85-0.21-0.76-0.72-0.9-0.73-0.710.5-0.72-0.57-0.76-0.44-0.71-0.39-0.39-0.13
0.950.210.960.870.930.940.870.740.860.97-0.010.960.850.890.590.77-0.360.920.62-0.760.510.960.680.680.21
0.630.680.620.50.630.280.740.30.530.450.630.650.540.450.610.480.40.41-0.12-0.440.510.40.730.74-0.11
0.9-0.010.890.870.90.950.790.790.770.92-0.160.890.80.890.510.76-0.470.970.76-0.710.960.40.60.590.35
0.690.480.680.540.660.510.890.490.520.590.170.730.60.550.640.50.170.530.05-0.390.680.730.61.0-0.02
0.690.50.680.530.660.510.890.480.520.580.190.730.60.540.650.50.180.520.03-0.390.680.740.591.0-0.04
0.18-0.390.170.260.210.270.070.260.340.18-0.450.160.090.24-0.230.2-0.250.340.42-0.130.21-0.110.35-0.02-0.04
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Taiji Computer Account Relationship Matchups

Taiji Computer fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.7B13.5B17.1B15.9B16.2B8.8B
Other Current Liab2.4B3.0B4.3B205.0M177.2M168.4M
Total Current Liabilities6.4B8.3B12.1B10.5B10.4B5.6B
Total Stockholder Equity3.2B3.5B3.7B4.2B5.2B2.7B
Retained Earnings1.7B2.0B2.2B2.3B2.5B1.3B
Accounts Payable2.8B4.7B6.7B7.0B7.3B7.6B
Cash2.2B2.8B2.9B2.5B1.7B1.7B
Other Assets207.4M310.1M333.0M349.8M402.2M422.3M
Net Receivables3.7B2.4B6.6B4.4B4.7B2.9B
Inventory1.6B2.5B3.8B3.1B3.2B3.4B
Other Current Assets420.4M480.4M499.0M29.3M30.7M29.2M
Total Liab7.2B9.7B13.2B11.4B10.7B6.0B
Property Plant Equipment916.9M1.1B1.2B1.3B1.5B1.5B
Other Liab56.7M60.8M107.9M54.1M62.2M50.0M
Intangible Assets821.0M882.1M984.9M1.1B1.2B782.6M
Net Tangible Assets2.0B2.3B2.3B3.0B3.4B2.1B
Deferred Long Term Liab20.1M19.8M20.0M244.4M281.1M295.1M
Total Current Assets7.9B10.6B13.8B12.3B12.5B9.9B
Non Current Assets Total2.8B3.0B3.3B3.6B3.7B3.1B
Non Currrent Assets Other2.0B2.4B71.7K295.0K265.5K252.2K
Long Term Debt804.2M1.3B966.1M850.1M233M221.4M
Non Current Liabilities Total865.0M1.4B1.1B900.6M280.2M266.2M
Short Long Term Debt1.1B360M730.7M883.2M890.7M786.3M
Common Stock Shares Outstanding577.9M579.6M579.7M591.7M623.2M646.6M
Net Invested Capital5.1B5.2B5.4B5.9B6.3B5.5B
Net Working Capital1.5B2.2B1.7B1.8B2.0B1.8B
Capital Stock412.8M579.6M579.7M591.7M623.2M587.1M

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Other Information on Investing in Taiji Stock

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