Juewei Free Cash Flow vs Change In Working Capital Analysis

603517 Stock

19.92 0.74 3.86%

Juewei Food financial indicator trend analysis is infinitely more than just investigating Juewei Food recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Juewei Food is a good investment. Please check the relationship between Juewei Food Free Cash Flow and its Change In Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Juewei Food Co. 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.

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Juewei Food Free Cash Flow account and Change In Working Capital. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Juewei Food's Free Cash Flow and Change In Working Capital is 0.89. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Change In Working Capital in the same time period over historical financial statements of Juewei Food Co, assuming nothing else is changed. The correlation between historical values of Juewei Food's Free Cash Flow and Change In Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Juewei Food Co are associated (or correlated) with its Change In Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Working Capital has no effect on the direction of Free Cash Flow i.e., Juewei Food's Free Cash Flow and Change In Working Capital go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Most indicators from Juewei Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Juewei Food 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 Juewei Food Co. 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.

The current year's Selling General Administrative is expected to grow to about 475.3 M. The current year's Tax Provision is expected to grow to about 246.1 M

	2021	2022	2023	2024 (projected)
Operating Income	1.1B	466.1M	717.1M	638.3M
Total Revenue	6.5B	6.6B	7.3B	4.5B

Operating Income Total Revenue

Juewei Food fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Non Current Liabilities Total
Total Assets		-0.02	0.97	1.0	0.88	0.98	0.78	0.71	0.86	0.86	-0.06	0.97	0.87	0.82	0.99	0.95	0.52	0.91	-0.52	0.85	0.93	0.94	0.94	0.76	0.82	0.84
Other Current Liab	-0.02		-0.16	0.03	0.34	-0.18	0.16	0.41	-0.15	0.25	0.72	-0.18	0.07	0.3	0.03	-0.1	0.33	0.21	0.08	0.08	0.15	0.11	0.01	0.22	0.26	-0.33
Total Current Liabilities	0.97	-0.16		0.95	0.79	0.98	0.65	0.57	0.93	0.79	-0.23	1.0	0.82	0.72	0.98	0.98	0.44	0.83	-0.55	0.8	0.87	0.85	0.91	0.63	0.73	0.91
Total Stockholder Equity	1.0	0.03	0.95		0.9	0.97	0.82	0.75	0.82	0.87	0.0	0.95	0.87	0.84	0.99	0.93	0.55	0.93	-0.5	0.86	0.94	0.95	0.94	0.8	0.84	0.81
Retained Earnings	0.88	0.34	0.79	0.9		0.81	0.84	0.86	0.66	0.96	0.22	0.78	0.91	0.95	0.89	0.79	0.71	0.98	-0.43	0.85	0.89	0.94	0.91	0.79	0.91	0.61
Accounts Payable	0.98	-0.18	0.98	0.97	0.81		0.72	0.59	0.88	0.79	-0.22	0.98	0.85	0.75	0.97	0.97	0.47	0.85	-0.62	0.78	0.85	0.88	0.93	0.67	0.74	0.9
Cash	0.78	0.16	0.65	0.82	0.84	0.72		0.81	0.44	0.72	0.21	0.64	0.76	0.81	0.73	0.63	0.57	0.86	-0.25	0.79	0.78	0.93	0.78	0.84	0.84	0.5
Other Assets	0.71	0.41	0.57	0.75	0.86	0.59	0.81		0.35	0.85	0.55	0.53	0.72	0.86	0.69	0.5	0.71	0.82	-0.13	0.72	0.85	0.85	0.66	0.94	0.92	0.23
Net Receivables	0.86	-0.15	0.93	0.82	0.66	0.88	0.44	0.35		0.68	-0.36	0.94	0.67	0.55	0.89	0.95	0.31	0.7	-0.63	0.67	0.73	0.68	0.83	0.39	0.59	0.92
Inventory	0.86	0.25	0.79	0.87	0.96	0.79	0.72	0.85	0.68		0.2	0.78	0.89	0.93	0.87	0.77	0.7	0.95	-0.41	0.84	0.87	0.9	0.89	0.76	0.9	0.58
Other Current Assets	-0.06	0.72	-0.23	0.0	0.22	-0.22	0.21	0.55	-0.36	0.2		-0.27	-0.05	0.18	-0.08	-0.27	0.09	0.18	0.31	0.15	0.24	0.15	-0.06	0.48	0.31	-0.51
Total Liab	0.97	-0.18	1.0	0.95	0.78	0.98	0.64	0.53	0.94	0.78	-0.27		0.82	0.71	0.97	0.98	0.43	0.82	-0.57	0.79	0.85	0.84	0.91	0.6	0.71	0.93
Intangible Assets	0.87	0.07	0.82	0.87	0.91	0.85	0.76	0.72	0.67	0.89	-0.05	0.82		0.92	0.87	0.81	0.72	0.89	-0.46	0.81	0.78	0.88	0.9	0.66	0.79	0.71
Common Stock	0.82	0.3	0.72	0.84	0.95	0.75	0.81	0.86	0.55	0.93	0.18	0.71	0.92		0.82	0.7	0.86	0.9	-0.33	0.8	0.81	0.89	0.82	0.76	0.85	0.51
Property Plant Equipment	0.99	0.03	0.98	0.99	0.89	0.97	0.73	0.69	0.89	0.87	-0.08	0.97	0.87	0.82		0.97	0.55	0.9	-0.55	0.82	0.91	0.91	0.93	0.71	0.8	0.85
Other Liab	0.95	-0.1	0.98	0.93	0.79	0.97	0.63	0.5	0.95	0.77	-0.27	0.98	0.81	0.7	0.97		0.43	0.82	-0.66	0.75	0.8	0.82	0.92	0.54	0.69	0.94
Good Will	0.52	0.33	0.44	0.55	0.71	0.47	0.57	0.71	0.31	0.7	0.09	0.43	0.72	0.86	0.55	0.43		0.59	-0.2	0.44	0.52	0.59	0.5	0.54	0.64	0.23
Net Tangible Assets	0.91	0.21	0.83	0.93	0.98	0.85	0.86	0.82	0.7	0.95	0.18	0.82	0.89	0.9	0.9	0.82	0.59		-0.44	0.92	0.91	0.97	0.96	0.8	0.91	0.67
Other Stockholder Equity	-0.52	0.08	-0.55	-0.5	-0.43	-0.62	-0.25	-0.13	-0.63	-0.41	0.31	-0.57	-0.46	-0.33	-0.55	-0.66	-0.2	-0.44		-0.2	-0.31	-0.4	-0.55	-0.17	-0.37	-0.63
Deferred Long Term Liab	0.85	0.08	0.8	0.86	0.85	0.78	0.79	0.72	0.67	0.84	0.15	0.79	0.81	0.8	0.82	0.75	0.44	0.92	-0.2		0.87	0.91	0.9	0.72	0.81	0.66
Long Term Investments	0.93	0.15	0.87	0.94	0.89	0.85	0.78	0.85	0.73	0.87	0.24	0.85	0.78	0.81	0.91	0.8	0.52	0.91	-0.31	0.87		0.92	0.87	0.89	0.89	0.63
Total Current Assets	0.94	0.11	0.85	0.95	0.94	0.88	0.93	0.85	0.68	0.9	0.15	0.84	0.88	0.89	0.91	0.82	0.59	0.97	-0.4	0.91	0.92		0.93	0.86	0.93	0.67
Non Current Assets Total	0.94	0.01	0.91	0.94	0.91	0.93	0.78	0.66	0.83	0.89	-0.06	0.91	0.9	0.82	0.93	0.92	0.5	0.96	-0.55	0.9	0.87	0.93		0.67	0.82	0.84
Non Currrent Assets Other	0.76	0.22	0.63	0.8	0.79	0.67	0.84	0.94	0.39	0.76	0.48	0.6	0.66	0.76	0.71	0.54	0.54	0.8	-0.17	0.72	0.89	0.86	0.67		0.87	0.32
Long Term Debt	0.82	0.26	0.73	0.84	0.91	0.74	0.84	0.92	0.59	0.9	0.31	0.71	0.79	0.85	0.8	0.69	0.64	0.91	-0.37	0.81	0.89	0.93	0.82	0.87		0.48
Non Current Liabilities Total	0.84	-0.33	0.91	0.81	0.61	0.9	0.5	0.23	0.92	0.58	-0.51	0.93	0.71	0.51	0.85	0.94	0.23	0.67	-0.63	0.66	0.63	0.67	0.84	0.32	0.48

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Juewei Food Account Relationship Matchups

Juewei Food fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5B	5.9B	7.4B	8.9B	9.3B	9.8B
Other Current Liab	339.6M	371.6M	596.2M	14.1M	11.4M	10.9M
Total Current Liabilities	880.6M	903.9M	1.5B	1.7B	2.1B	2.3B
Total Stockholder Equity	4.6B	5.0B	5.7B	6.9B	6.9B	7.2B
Retained Earnings	2.4B	2.8B	3.4B	3.0B	3.3B	1.8B
Accounts Payable	290.7M	418.8M	473.3M	705.4M	713.0M	748.6M
Cash	1.6B	1.1B	1.1B	1.9B	1.1B	868.6M
Other Assets	241.5M	290.4M	291.7M	194.6M	223.8M	157.7M
Net Receivables	13.4M	37.1M	154.6M	116.0M	178.8M	187.8M
Inventory	668.5M	857.4M	853.5M	701.6M	1.1B	570.1M
Other Current Assets	186.5M	211.9M	126.6M	32.2M	43.7M	41.5M
Total Liab	897.3M	932.0M	1.7B	2.0B	2.5B	2.6B
Intangible Assets	197.3M	212.7M	249.3M	321.3M	331.6M	190.9M
Property Plant Equipment	1.1B	1.4B	1.7B	2.4B	2.7B	2.9B
Other Liab	13.7M	16.7M	28.1M	63.4M	72.9M	76.5M
Net Tangible Assets	2.9B	4.4B	4.8B	5.5B	6.3B	3.5B
Other Stockholder Equity	1.9M	6.3M	(4.2M)	(4.6M)	(4.2M)	(4.0M)
Deferred Long Term Liab	56.6M	75.5M	62.4M	70.1M	80.6M	64.1M
Total Current Assets	2.5B	2.2B	2.3B	2.9B	2.9B	2.1B
Non Current Assets Total	3.0B	3.7B	5.1B	6.0B	6.5B	4.0B
Non Currrent Assets Other	199.1M	213.7M	110.2M	173.3M	137.5M	161.6M
Non Current Liabilities Total	16.7M	28.1M	234.4M	330.0M	311.6M	327.2M
Short Long Term Debt	180M	35.4M	203.2M	360.3M	783.5M	822.7M
Net Invested Capital	4.7B	5.0B	5.9B	7.3B	7.7B	5.7B
Net Working Capital	1.6B	1.3B	816.8M	1.2B	700.7M	843.5M

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Other Information on Investing in Juewei Stock

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

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Juewei Free Cash Flow vs Change In Working Capital Analysis

Free Cash Flow vs Change In Working Capital

Free Cash Flow vs Change In Working Capital Correlation Analysis

Correlation Coefficient

Free Cash Flow

Change In Working Capital

Juewei Food fundamental ratios Correlations

Juewei Food Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Juewei Food fundamental ratios Accounts

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Other Information on Investing in Juewei Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities

Other Stockholder Equity	- 0.66	Other Liab
Non Current Liabilities Total	- 0.63	Other Stockholder Equity
Other Stockholder Equity	- 0.63	Net Receivables
Other Stockholder Equity	- 0.62	Accounts Payable
Other Stockholder Equity	- 0.57	Total Liab
Non Current Assets Total	- 0.55	Other Stockholder Equity