Jilin Research Development vs Selling General Administrative Analysis

000420 Stock   3.98  0.03  0.76%   
Jilin Chemical financial indicator trend analysis is infinitely more than just investigating Jilin Chemical Fibre recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin Chemical Fibre is a good investment. Please check the relationship between Jilin Chemical Research Development and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin Chemical Fibre. 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.

Research Development vs Selling General Administrative

Research Development vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin Chemical Fibre Research Development account and Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jilin Chemical's Research Development and Selling General Administrative is -0.59. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Jilin Chemical Fibre, assuming nothing else is changed. The correlation between historical values of Jilin Chemical's Research Development and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Jilin Chemical Fibre are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Research Development i.e., Jilin Chemical's Research Development and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Research Development

Selling General Administrative

Most indicators from Jilin Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin Chemical Fibre 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 Jilin Chemical Fibre. 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 94 M, whereas Tax Provision is projected to grow to (19.2 M).
 2021 2022 2023 2024 (projected)
Operating Income143.9M143.1M323.1M339.2M
Total Revenue3.6B3.7B3.7B2.1B

Jilin Chemical fundamental ratios Correlations

-0.330.80.930.03-0.150.940.640.20.660.860.480.72-0.260.960.850.910.990.880.780.930.930.910.97-0.930.87
-0.33-0.17-0.440.57-0.35-0.26-0.260.09-0.17-0.360.31-0.170.22-0.22-0.24-0.36-0.31-0.35-0.29-0.38-0.47-0.37-0.390.32-0.41
0.8-0.170.640.28-0.230.90.770.280.360.520.450.88-0.010.850.720.690.820.760.480.860.810.890.85-0.870.51
0.93-0.440.64-0.27-0.010.780.550.240.490.850.340.52-0.150.790.870.960.90.930.730.910.920.880.9-0.850.81
0.030.570.28-0.27-0.540.240.20.180.3-0.190.520.32-0.050.26-0.17-0.210.04-0.16-0.04-0.09-0.13-0.08-0.020.02-0.04
-0.15-0.35-0.23-0.01-0.54-0.25-0.25-0.43-0.16-0.09-0.86-0.18-0.15-0.24-0.04-0.11-0.09-0.05-0.19-0.02-0.08-0.02-0.060.0-0.1
0.94-0.260.90.780.24-0.250.690.210.610.720.50.81-0.170.970.760.780.930.780.720.880.860.860.92-0.90.74
0.64-0.260.770.550.2-0.250.690.550.280.360.440.580.160.640.510.630.610.710.270.710.780.730.6-0.630.38
0.20.090.280.240.18-0.430.210.55-0.01-0.090.460.110.320.150.320.40.170.42-0.050.270.290.290.11-0.08-0.02
0.66-0.170.360.490.3-0.160.610.28-0.010.730.350.38-0.70.720.330.390.630.320.740.40.480.370.6-0.460.87
0.86-0.360.520.85-0.19-0.090.720.36-0.090.730.350.43-0.450.790.670.740.820.660.890.710.780.680.86-0.750.95
0.480.310.450.340.52-0.860.50.440.460.350.350.380.070.540.420.450.450.390.320.370.380.350.36-0.350.37
0.72-0.170.880.520.32-0.180.810.580.110.380.430.38-0.160.80.580.60.770.670.470.770.710.780.74-0.810.48
-0.260.22-0.01-0.15-0.05-0.15-0.170.160.32-0.7-0.450.07-0.16-0.33-0.03-0.03-0.280.03-0.49-0.06-0.16-0.04-0.260.19-0.58
0.96-0.220.850.790.26-0.240.970.640.150.720.790.540.8-0.330.770.780.960.770.750.870.860.840.92-0.910.83
0.85-0.240.720.87-0.17-0.040.760.510.320.330.670.420.58-0.030.770.910.880.880.510.910.820.890.84-0.880.61
0.91-0.360.690.96-0.21-0.110.780.630.40.390.740.450.6-0.030.780.910.90.980.630.940.930.910.85-0.860.7
0.99-0.310.820.90.04-0.090.930.610.170.630.820.450.77-0.280.960.880.90.880.740.950.920.920.96-0.960.83
0.88-0.350.760.93-0.16-0.050.780.710.420.320.660.390.670.030.770.880.980.880.540.960.940.950.85-0.870.63
0.78-0.290.480.73-0.04-0.190.720.27-0.050.740.890.320.47-0.490.750.510.630.740.540.580.670.570.77-0.630.88
0.93-0.380.860.91-0.09-0.020.880.710.270.40.710.370.77-0.060.870.910.940.950.960.580.960.990.93-0.960.68
0.93-0.470.810.92-0.13-0.080.860.780.290.480.780.380.71-0.160.860.820.930.920.940.670.960.950.92-0.920.76
0.91-0.370.890.88-0.08-0.020.860.730.290.370.680.350.78-0.040.840.890.910.920.950.570.990.950.93-0.940.65
0.97-0.390.850.9-0.02-0.060.920.60.110.60.860.360.74-0.260.920.840.850.960.850.770.930.920.93-0.940.84
-0.930.32-0.87-0.850.020.0-0.9-0.63-0.08-0.46-0.75-0.35-0.810.19-0.91-0.88-0.86-0.96-0.87-0.63-0.96-0.92-0.94-0.94-0.71
0.87-0.410.510.81-0.04-0.10.740.38-0.020.870.950.370.48-0.580.830.610.70.830.630.880.680.760.650.84-0.71
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Jilin Chemical Account Relationship Matchups

Jilin Chemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B8.7B8.8B10.5B10.7B11.2B
Other Current Liab105.2M139.7M171.4M120.4M288.7M240.5M
Total Current Liabilities4.7B5.0B5.2B5.1B4.8B2.5B
Total Stockholder Equity3.0B3.1B3.0B4.3B4.4B4.6B
Other Liab33.0M32.5M30.5M29.5M33.9M26.8M
Retained Earnings(350.1M)(583.4M)(661.8M)(666.3M)(634.1M)(602.4M)
Accounts Payable1.9B1.9B2.3B2.5B2.0B2.1B
Cash961.7M885.6M741.0M894.6M677.2M442.3M
Other Assets180.3M208.9M204.2M196.9M226.5M122.5M
Long Term Debt738.8M482.5M501.5M774.6M1.2B1.3B
Net Receivables494.4M436.6M509.7M746.7M825.7M867.0M
Inventory534.3M730.9M794.8M455.9M675.2M440.5M
Other Current Assets175.8M158.7M187.9M203.8M19.4M18.5M
Total Liab5.5B5.6B5.8B6.2B6.3B6.6B
Intangible Assets244.5M232.9M221.3M212.9M243.2M255.4M
Property Plant Equipment4.6B5.5B5.5B5.6B6.5B6.8B
Net Tangible Assets2.7B2.8B2.9B2.7B3.2B2.7B
Deferred Long Term Liab698.9K603.2K431.0K3.9M4.5M4.7M
Short Long Term Debt2.1B2.2B2.0B2.0B2.1B1.8B
Total Current Assets2.2B2.4B2.2B2.4B2.4B2.1B
Non Current Assets Total6.3B6.3B6.5B8.1B8.3B6.7B
Non Currrent Assets Other146.7M91.1M121.7M139.3M123.8M141.8M
Non Current Liabilities Total771.3M594.4M614.6M1.1B1.5B1.6B
Net Debt1.6B1.8B1.7B1.9B2.7B1.9B
Net Invested Capital5.6B5.8B5.4B7.1B7.7B6.4B
Net Working Capital(2.5B)(2.6B)(3.0B)(2.7B)(2.4B)(2.5B)

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Other Information on Investing in Jilin Stock

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