Jiaozuo Non Currrent Assets Other vs Other Current Assets Analysis

000612 Stock   7.15  0.01  0.14%   
Jiaozuo Wanfang financial indicator trend analysis is infinitely more than just investigating Jiaozuo Wanfang Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiaozuo Wanfang Aluminum is a good investment. Please check the relationship between Jiaozuo Wanfang Non Currrent Assets Other and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiaozuo Wanfang Aluminum. 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiaozuo Wanfang Aluminum Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jiaozuo Wanfang's Non Currrent Assets Other and Other Current Assets is -0.04. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Jiaozuo Wanfang Aluminum, assuming nothing else is changed. The correlation between historical values of Jiaozuo Wanfang's Non Currrent Assets Other and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Jiaozuo Wanfang Aluminum are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., Jiaozuo Wanfang's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Jiaozuo Wanfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiaozuo Wanfang Aluminum 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 Jiaozuo Wanfang Aluminum. 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 Tax Provision is expected to grow to about 112.2 M, whereas Selling General Administrative is forecasted to decline to about 18.9 M.
 2023 2024 (projected)
Research Development23.6K39.6K
Minority Interest4.5K4.8K

Jiaozuo Wanfang fundamental ratios Correlations

0.040.850.740.750.960.090.38-0.090.80.530.640.380.350.490.450.260.240.310.530.840.650.890.330.430.39
0.040.150.13-0.170.020.52-0.38-0.15-0.150.06-0.2-0.66-0.290.020.360.240.26-0.16-0.070.10.130.17-0.18-0.17-0.48
0.850.150.60.750.860.360.170.030.770.380.640.320.430.320.460.110.090.190.570.740.860.740.240.320.12
0.740.130.60.380.65-0.13-0.09-0.170.40.810.28-0.01-0.190.820.440.750.740.180.50.70.490.830.140.280.08
0.75-0.170.750.380.810.290.61-0.060.890.190.840.670.730.20.11-0.15-0.170.310.340.60.570.510.240.270.51
0.960.020.860.650.810.160.45-0.150.850.320.650.460.440.370.450.110.090.170.480.820.630.830.450.530.44
0.090.520.36-0.130.290.160.09-0.040.29-0.170.4-0.140.4-0.24-0.01-0.16-0.18-0.02-0.080.120.43-0.01-0.09-0.03-0.26
0.38-0.380.17-0.090.610.450.09-0.010.75-0.060.690.630.74-0.02-0.08-0.37-0.370.39-0.110.140.00.010.50.440.69
-0.09-0.150.03-0.17-0.06-0.15-0.04-0.010.010.07-0.140.35-0.09-0.030.04-0.04-0.03-0.010.01-0.22-0.1-0.180.24-0.19-0.28
0.8-0.150.770.40.890.850.290.750.010.270.880.60.730.270.25-0.09-0.110.380.30.570.570.490.490.50.51
0.530.060.380.810.190.32-0.17-0.060.070.270.28-0.1-0.20.810.240.780.770.490.350.420.360.56-0.11-0.01-0.02
0.64-0.20.640.280.840.650.40.69-0.140.880.280.440.850.24-0.11-0.13-0.150.50.250.450.660.330.160.280.47
0.38-0.660.32-0.010.670.46-0.140.630.350.6-0.10.440.57-0.13-0.05-0.42-0.440.240.140.30.080.180.430.330.61
0.35-0.290.43-0.190.730.440.40.74-0.090.73-0.20.850.57-0.26-0.3-0.64-0.650.420.040.270.470.030.180.30.57
0.490.020.320.820.20.37-0.24-0.02-0.030.270.810.24-0.13-0.260.320.830.840.050.460.230.270.440.10.02-0.14
0.450.360.460.440.110.45-0.01-0.080.040.250.24-0.11-0.05-0.30.320.390.38-0.290.410.220.060.440.240.1-0.27
0.260.240.110.75-0.150.11-0.16-0.37-0.04-0.090.78-0.13-0.42-0.640.830.391.0-0.070.280.150.080.41-0.12-0.16-0.38
0.240.260.090.74-0.170.09-0.18-0.37-0.03-0.110.77-0.15-0.44-0.650.840.381.0-0.080.250.130.060.39-0.1-0.15-0.39
0.31-0.160.190.180.310.17-0.020.39-0.010.380.490.50.240.420.05-0.29-0.07-0.08-0.220.370.290.24-0.080.230.53
0.53-0.070.570.50.340.48-0.08-0.110.010.30.350.250.140.040.460.410.280.25-0.220.360.470.47-0.06-0.09-0.15
0.840.10.740.70.60.820.120.14-0.220.570.420.450.30.270.230.220.150.130.370.360.650.930.20.520.47
0.650.130.860.490.570.630.430.0-0.10.570.360.660.080.470.270.060.080.060.290.470.650.60.010.230.08
0.890.170.740.830.510.83-0.010.01-0.180.490.560.330.180.030.440.440.410.390.240.470.930.60.160.370.29
0.33-0.180.240.140.240.45-0.090.50.240.49-0.110.160.430.180.10.24-0.12-0.1-0.08-0.060.20.010.160.780.39
0.43-0.170.320.280.270.53-0.030.44-0.190.5-0.010.280.330.30.020.1-0.16-0.150.23-0.090.520.230.370.780.6
0.39-0.480.120.080.510.44-0.260.69-0.280.51-0.020.470.610.57-0.14-0.27-0.38-0.390.53-0.150.470.080.290.390.6
Click cells to compare fundamentals

Jiaozuo Wanfang Account Relationship Matchups

Jiaozuo Wanfang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B7.1B7.9B7.8B7.9B4.7B
Other Current Liab41.8M323.4M5.1M330.9M142.3M92.2M
Total Current Liabilities2.2B2.3B2.2B1.8B1.9B1.4B
Total Stockholder Equity4.3B4.8B5.1B5.3B5.8B6.1B
Property Plant And Equipment Net2.7B2.5B2.3B2.2B1.9B2.0B
Non Current Assets Total5.8B5.6B5.5B5.7B5.4B3.5B
Non Currrent Assets Other2.9B1.051.6M150.2M2.01.9
Liabilities And Stockholders Equity7.0B7.1B7.9B7.8B7.9B4.7B
Non Current Liabilities Total541.9M27.3M556.1M769.4M219.8M208.8M
Other Current Assets16.2M10.3M163.3M80.0M76.2M52.3M
Total Liab2.7B2.3B2.8B2.5B2.1B2.1B
Total Current Assets1.2B1.5B2.4B2.1B2.5B2.7B
Short Long Term Debt Total1.6B1.3B1.6B1.5B1.6B1.6B
Current Deferred Revenue352.4M67.8M472.6M20.9M24.7M23.5M
Net Debt875.7M520.5M483.1M310.7M4.7M4.5M
Retained Earnings1.1B1.6B1.9B2.0B2.5B2.6B
Accounts Payable661.1M616.5M640.1M700.5M316.8M286.7M
Cash736.3M756.0M1.2B1.2B1.6B1.7B
Cash And Short Term Investments736.3M807.6M1.2B1.3B1.7B1.8B
Net Receivables57.7M63.9M101.4M156.3M255.7M240.8M
Inventory427.2M653.5M965.7M544.9M455.3M435.4M
Other Stockholder Equity2.1B1.6B1.5B1.5B1.5B959.6M
Short Term Debt1.1B1.3B1.1B723.4M1.4B940.7M
Intangible Assets24.3M91.4M90.7M88.5M86.3M124.5M
Other Liab35.7M31.9M27.3M22.7M26.1M33.2M
Other Assets72.6M1.097.9M37.8M1.151.09
Short Term Investments0.0651.6M0.03150.2M150.0M142.5M
Property Plant Equipment2.9B2.7B2.5B2.3B2.6B2.5B
Net Tangible Assets4.2B4.3B4.7B5.0B5.7B5.0B
Short Long Term Debt1.1B766.5M1.1B691.2M350.8M333.3M
Net Invested Capital5.9B5.6B6.7B6.7B6.3B6.8B
Net Working Capital(919.9M)(748.8M)163.0M320.0M650.7M683.2M

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Other Information on Investing in Jiaozuo Stock

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