Jiangsu Accounts Payable vs Total Stockholder Equity Analysis

603688 Stock   29.41  0.33  1.13%   
Jiangsu Pacific financial indicator trend analysis is infinitely more than just investigating Jiangsu Pacific Quartz recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Pacific Quartz is a good investment. Please check the relationship between Jiangsu Pacific Accounts Payable and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Pacific Quartz. 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.

Accounts Payable vs Total Stockholder Equity

Accounts Payable vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Pacific Quartz Accounts Payable account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between Jiangsu Pacific's Accounts Payable and Total Stockholder Equity is 1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Jiangsu Pacific Quartz, assuming nothing else is changed. The correlation between historical values of Jiangsu Pacific's Accounts Payable and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Jiangsu Pacific Quartz are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Accounts Payable i.e., Jiangsu Pacific's Accounts Payable and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Jiangsu Pacific obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Jiangsu Pacific Quartz are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Jiangsu Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Pacific Quartz 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 Jiangsu Pacific Quartz. 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 Tax Provision is expected to grow to about 913.3 M, whereas Selling General Administrative is forecasted to decline to about 35.5 M.
 2021 2022 2023 2024 (projected)
Operating Income295.1M1.2B5.9B6.2B
Total Revenue960.7M2.0B7.2B7.5B

Jiangsu Pacific fundamental ratios Correlations

0.220.991.01.01.00.960.880.960.980.980.970.960.560.910.020.640.740.90.49-0.910.99-0.910.830.370.07
0.220.280.210.20.20.040.460.110.310.150.250.340.320.43-0.070.50.580.190.350.010.170.010.430.97-0.04
0.990.280.990.990.990.960.890.940.960.990.950.930.490.88-0.040.620.730.880.42-0.910.99-0.910.820.43-0.03
1.00.210.991.01.00.960.880.960.980.980.970.960.560.910.020.630.730.890.48-0.910.99-0.910.830.370.05
1.00.20.991.01.00.970.880.960.970.990.960.940.520.89-0.010.620.720.890.44-0.921.0-0.920.820.360.02
1.00.20.991.01.00.970.870.960.970.990.960.950.540.89-0.010.610.720.880.47-0.910.99-0.910.820.360.02
0.960.040.960.960.970.970.80.930.90.980.90.860.380.77-0.10.520.60.860.3-0.940.98-0.940.720.21-0.06
0.880.460.890.880.880.870.80.860.870.850.820.850.510.840.120.590.740.750.38-0.740.86-0.740.770.62-0.13
0.960.110.940.960.960.960.930.860.90.940.920.890.570.870.240.460.630.810.46-0.890.95-0.890.750.280.03
0.980.310.960.980.970.970.90.870.90.940.970.990.630.95-0.020.730.810.90.58-0.840.96-0.840.870.440.15
0.980.150.990.980.990.990.980.850.940.940.950.90.430.83-0.060.590.670.90.36-0.931.0-0.930.780.310.0
0.970.250.950.970.960.960.90.820.920.970.950.950.620.930.050.70.750.940.58-0.850.96-0.850.840.360.28
0.960.340.930.960.940.950.860.850.890.990.90.950.70.970.030.730.820.860.66-0.80.93-0.80.880.460.18
0.560.320.490.560.520.540.380.510.570.630.430.620.70.780.460.590.750.470.95-0.250.48-0.250.760.370.44
0.910.430.880.910.890.890.770.840.870.950.830.930.970.780.180.720.830.810.73-0.710.86-0.710.870.530.26
0.02-0.07-0.040.02-0.01-0.01-0.10.120.24-0.02-0.060.050.030.460.18-0.23-0.01-0.130.340.06-0.040.060.02-0.080.26
0.640.50.620.630.620.610.520.590.460.730.590.70.730.590.72-0.230.910.710.63-0.320.61-0.320.880.530.33
0.740.580.730.730.720.720.60.740.630.810.670.750.820.750.83-0.010.910.680.74-0.390.7-0.390.980.680.15
0.90.190.880.890.890.880.860.750.810.90.90.940.860.470.81-0.130.710.680.44-0.810.9-0.810.760.290.31
0.490.350.420.480.440.470.30.380.460.580.360.580.660.950.730.340.630.740.44-0.170.41-0.170.740.360.55
-0.910.01-0.91-0.91-0.92-0.91-0.94-0.74-0.89-0.84-0.93-0.85-0.8-0.25-0.710.06-0.32-0.39-0.81-0.17-0.931.0-0.53-0.140.05
0.990.170.990.991.00.990.980.860.950.961.00.960.930.480.86-0.040.610.70.90.41-0.93-0.930.80.330.03
-0.910.01-0.91-0.91-0.92-0.91-0.94-0.74-0.89-0.84-0.93-0.85-0.8-0.25-0.710.06-0.32-0.39-0.81-0.171.0-0.93-0.53-0.140.05
0.830.430.820.830.820.820.720.770.750.870.780.840.880.760.870.020.880.980.760.74-0.530.8-0.530.550.16
0.370.970.430.370.360.360.210.620.280.440.310.360.460.370.53-0.080.530.680.290.36-0.140.33-0.140.55-0.19
0.07-0.04-0.030.050.020.02-0.06-0.130.030.150.00.280.180.440.260.260.330.150.310.550.050.030.050.16-0.19
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Jiangsu Pacific Account Relationship Matchups

Jiangsu Pacific fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.2B2.4B3.7B8.4B8.8B
Other Current Liab15.5M14.8M28.9M198.5M20.3M31.4M
Total Current Liabilities82.4M91.8M129.4M368.9M783.1M822.3M
Total Stockholder Equity1.5B1.9B2.2B3.3B7.5B7.9B
Retained Earnings722.9M860.5M1.1B2.0B5.6B5.8B
Accounts Payable55.2M65.2M83.1M122.4M292.2M306.9M
Cash168.2M381.9M189.3M454.2M2.6B2.8B
Other Assets6.1M11.6M29.7M97.6M112.3M117.9M
Net Receivables238.3M139.4M202.0M269.4M674.3M708.0M
Inventory219.6M305.7M359.7M447.1M748.4M785.8M
Other Current Assets49.3M29.1M46.1M124.0M426.9M448.3M
Total Liab399.4M226.9M266.5M401.1M827.5M868.8M
Intangible Assets48.3M76.2M78.1M97.8M149.7M157.1M
Property Plant Equipment611.7M635.7M723.5M918.8M1.1B1.1B
Other Liab21.5M27.0M23.4M32.2M37.0M20.3M
Net Tangible Assets1.5B1.9B2.1B3.1B3.6B1.8B
Short Term Investments520M300M382.9M445.7M858.2M901.1M
Total Current Assets1.2B1.3B1.5B2.3B6.4B6.7B
Non Current Assets Total742.7M870.0M977.4M1.4B2.0B1.1B
Non Currrent Assets Other3.8M9.2M20.0M86.7M27.6M26.6M
Non Current Liabilities Total317.0M135.1M137.1M32.2M44.3M42.1M
Net Invested Capital1.8B2.1B2.3B3.3B7.5B7.9B
Net Working Capital1.1B1.2B1.3B2.0B5.6B5.9B

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

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