Juewei Other Assets vs Property Plant Equipment 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 Other Assets and its Property Plant Equipment 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.
Other Assets vs Property Plant Equipment
Other Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Juewei Food Other Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Juewei Food's Other Assets and Property Plant Equipment is 0.69. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant Equipment 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 Other Assets 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 Other Assets of Juewei Food Co 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 Other Assets i.e., Juewei Food's Other Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Assets
Property Plant Equipment
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 |
Juewei Food fundamental ratios Correlations
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Juewei Food Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Currently Active Assets on Macroaxis
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.