Jiangxi Operating Income vs Reconciled Depreciation Analysis

002748 Stock   7.82  0.05  0.64%   
Jiangxi Selon financial indicator trend analysis is infinitely more than just investigating Jiangxi Selon Industrial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Selon Industrial is a good investment. Please check the relationship between Jiangxi Selon Operating Income and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Selon Industrial. 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.

Operating Income vs Reconciled Depreciation

Operating Income vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Selon Industrial Operating Income account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Jiangxi Selon's Operating Income and Reconciled Depreciation is 0.15. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Jiangxi Selon Industrial, assuming nothing else is changed. The correlation between historical values of Jiangxi Selon's Operating Income and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Jiangxi Selon Industrial are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Operating Income i.e., Jiangxi Selon's Operating Income and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Jiangxi Selon Industrial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Jiangxi Selon Industrial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Reconciled Depreciation

Most indicators from Jiangxi Selon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Selon Industrial 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 Selon Industrial. 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 49.1 M. The current year's Tax Provision is expected to grow to about 15.9 M
 2021 2022 2023 2024 (projected)
Other Operating Expenses10.4M2.8B3.2B3.3B
Gross Profit460.0M459.9M220.8M289.8M

Jiangxi Selon fundamental ratios Correlations

0.620.510.620.910.960.570.330.880.590.670.960.610.670.670.620.820.070.670.790.870.260.70.9-0.940.16
0.620.260.70.280.760.590.930.240.590.040.780.40.040.250.790.62-0.360.010.910.240.740.630.4-0.570.5
0.510.260.840.430.390.080.10.530.10.30.390.320.30.860.020.480.10.290.470.610.330.360.39-0.56-0.27
0.620.70.840.360.620.410.570.430.390.190.630.390.190.730.390.62-0.260.110.80.480.660.570.43-0.650.03
0.910.280.430.360.80.38-0.060.940.40.820.780.580.820.70.380.620.30.870.470.93-0.050.530.93-0.90.03
0.960.760.390.620.80.70.50.750.720.561.00.550.560.520.810.84-0.020.540.860.710.30.740.83-0.920.31
0.570.590.080.410.380.70.450.250.680.240.710.040.240.10.80.61-0.050.290.640.230.060.550.49-0.580.38
0.330.930.10.57-0.060.50.45-0.070.47-0.310.530.28-0.310.00.660.42-0.43-0.290.77-0.070.790.510.07-0.250.45
0.880.240.530.430.940.750.25-0.070.390.80.730.590.80.740.280.650.170.710.50.950.030.570.85-0.84-0.15
0.590.590.10.390.40.720.680.470.390.230.730.370.230.120.830.69-0.130.080.630.240.030.540.45-0.60.17
0.670.040.30.190.820.560.24-0.310.80.230.530.271.00.550.210.450.010.710.240.78-0.210.190.79-0.690.03
0.960.780.390.630.781.00.710.530.730.730.530.560.530.510.810.85-0.030.520.870.690.320.760.81-0.910.3
0.610.40.320.390.580.550.040.280.590.370.270.560.270.530.240.46-0.070.340.450.580.330.450.53-0.56-0.17
0.670.040.30.190.820.560.24-0.310.80.231.00.530.270.550.210.450.010.710.240.78-0.210.190.79-0.690.03
0.670.250.860.730.70.520.10.00.740.120.550.510.530.550.010.390.090.560.420.810.310.420.67-0.75-0.2
0.620.790.020.390.380.810.80.660.280.830.210.810.240.210.010.7-0.130.160.730.180.170.590.46-0.620.53
0.820.620.480.620.620.840.610.420.650.690.450.850.460.450.390.7-0.110.290.820.60.190.630.62-0.73-0.05
0.07-0.360.1-0.260.3-0.02-0.05-0.430.17-0.130.01-0.03-0.070.010.09-0.13-0.110.58-0.290.23-0.51-0.010.11-0.11-0.06
0.670.010.290.110.870.540.29-0.290.710.080.710.520.340.710.560.160.290.580.150.78-0.250.270.77-0.70.1
0.790.910.470.80.470.860.640.770.50.630.240.870.450.240.420.730.82-0.290.150.50.640.710.55-0.690.28
0.870.240.610.480.930.710.23-0.070.950.240.780.690.580.780.810.180.60.230.780.50.110.470.88-0.82-0.12
0.260.740.330.66-0.050.30.060.790.030.03-0.210.320.33-0.210.310.170.19-0.51-0.250.640.110.370.07-0.170.23
0.70.630.360.570.530.740.550.510.570.540.190.760.450.190.420.590.63-0.010.270.710.470.370.52-0.650.17
0.90.40.390.430.930.830.490.070.850.450.790.810.530.790.670.460.620.110.770.550.880.070.52-0.890.16
-0.94-0.57-0.56-0.65-0.9-0.92-0.58-0.25-0.84-0.6-0.69-0.91-0.56-0.69-0.75-0.62-0.73-0.11-0.7-0.69-0.82-0.17-0.65-0.89-0.15
0.160.5-0.270.030.030.310.380.45-0.150.170.030.3-0.170.03-0.20.53-0.05-0.060.10.28-0.120.230.170.16-0.15
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Jiangxi Selon Account Relationship Matchups

Jiangxi Selon fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.9B1.9B2.1B2.3B1.4B
Short Long Term Debt Total370.1M567.8M295.3M335.1M320.1M265.3M
Other Current Liab58.2M2.0M2.6M242.2M385.3M404.5M
Total Current Liabilities547.8M576.9M414.3M572.0M864.1M907.3M
Total Stockholder Equity1.1B969.6M1.2B1.3B1.3B911.7M
Property Plant And Equipment Net992.8M1.2B1.2B1.1B1.1B792.1M
Current Deferred Revenue89.5M160.0M209.1M19.8M111.4M78.2M
Net Debt295.5M460.6M137.4M181.3M155.2M115.2M
Retained Earnings470.5M316.6M492.6M664.9M676.6M394.1M
Accounts Payable131.9M135.6M173.4M142.1M97.8M114.7M
Cash74.6M107.2M157.8M153.8M164.9M114.7M
Non Current Assets Total1.2B1.5B1.4B1.4B1.3B934.4M
Non Currrent Assets Other137.6M14.8M16.3M102.3M37.3M30.5M
Cash And Short Term Investments74.6M107.2M157.8M153.8M164.9M114.7M
Net Receivables410.9M189.1M138.2M390.3M600.4M630.4M
Liabilities And Stockholders Equity1.8B1.9B1.9B2.1B2.3B1.4B
Non Current Liabilities Total109.3M293.3M269.1M169.2M52.4M85.0M
Inventory93.3M99.3M176.8M173.1M147.1M88.9M
Other Current Assets2.6M10.0M12.1M37.3M25.0M21.8M
Total Liab657.1M870.2M683.4M741.2M916.6M492.8M
Total Current Assets581.4M405.6M485.0M754.5M937.5M480.8M
Short Term Debt268.2M279.3M29.1M167.8M269.7M185.6M
Intangible Assets81.5M79.2M77.0M74.8M80.0M71.5M
Other Liab10.9M7.3M4.8M2.9M2.6M2.5M
Property Plant Equipment765.7M992.8M1.2B1.2B1.3B789.2M
Long Term Debt102.0M288.5M264.2M165.2M50.0M47.5M
Net Tangible Assets1.1B1.0B890.3M1.1B1.2B1.1B
Net Invested Capital1.5B1.5B1.4B1.6B1.5B1.6B
Short Long Term Debt261.1M268.3M12.0M111.5M130.9M112.9M
Net Working Capital33.6M(171.3M)70.7M182.5M73.3M104.0M

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Other Information on Investing in Jiangxi Stock

Balance Sheet is a snapshot of the financial position of Jiangxi Selon Industrial at a specified time, usually calculated after every quarter, six months, or one year. Jiangxi Selon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangxi Selon 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.