Jiangxi Change To Operating Activities vs Change To Account Receivables Analysis

001318 Stock   13.40  0.91  6.36%   
Jiangxi Sunshine financial indicator trend analysis is infinitely more than just investigating Jiangxi Sunshine Dairy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangxi Sunshine Dairy is a good investment. Please check the relationship between Jiangxi Sunshine Change To Operating Activities and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangxi Sunshine Dairy. 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.

Change To Operating Activities vs Change To Account Receivables

Change To Operating Activities vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangxi Sunshine Dairy Change To Operating Activities account and Change To Account Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangxi Sunshine's Change To Operating Activities and Change To Account Receivables is 0.49. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Jiangxi Sunshine Dairy, assuming nothing else is changed. The correlation between historical values of Jiangxi Sunshine's Change To Operating Activities and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Operating Activities of Jiangxi Sunshine Dairy are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Operating Activities i.e., Jiangxi Sunshine's Change To Operating Activities and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Operating Activities

Change To Account Receivables

Most indicators from Jiangxi Sunshine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangxi Sunshine Dairy 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 Jiangxi Sunshine Dairy. 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 51.4 M, whereas Tax Provision is forecasted to decline to about 7.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense3.6M1.3M45.8K43.5K
Depreciation And Amortization28.9M36.5M42.0M28.3M

Jiangxi Sunshine fundamental ratios Correlations

-0.550.080.980.72-0.46-0.180.80.890.920.920.960.970.790.70.880.930.140.99-0.740.9-0.940.770.840.350.84
-0.550.17-0.56-0.310.46-0.21-0.24-0.79-0.44-0.31-0.65-0.74-0.38-0.07-0.7-0.740.15-0.570.36-0.430.69-0.33-0.82-0.48-0.54
0.080.17-0.120.670.78-0.980.610.150.37-0.110.17-0.010.360.4-0.220.011.0-0.06-0.70.50.040.510.20.510.41
0.98-0.56-0.120.59-0.60.010.670.850.840.940.920.960.710.610.910.91-0.060.99-0.60.8-0.930.670.790.230.75
0.72-0.310.670.590.09-0.740.950.710.930.560.780.650.90.80.460.670.720.6-0.960.91-0.640.950.750.680.92
-0.460.460.78-0.60.09-0.670.01-0.3-0.23-0.62-0.34-0.51-0.16-0.17-0.71-0.560.74-0.54-0.14-0.040.61-0.02-0.260.2-0.11
-0.18-0.21-0.980.01-0.74-0.67-0.72-0.17-0.48-0.05-0.23-0.07-0.46-0.570.1-0.11-0.98-0.050.77-0.570.07-0.57-0.22-0.51-0.46
0.8-0.240.610.670.950.01-0.720.680.940.70.780.70.820.880.580.730.660.7-0.970.94-0.730.870.680.530.84
0.89-0.790.150.850.71-0.3-0.170.680.840.640.970.950.750.440.760.870.210.87-0.730.86-0.840.770.990.530.9
0.92-0.440.370.840.93-0.23-0.480.940.840.810.930.860.920.840.720.850.440.85-0.90.96-0.850.930.830.550.94
0.92-0.31-0.110.940.56-0.62-0.050.70.640.810.790.830.670.750.860.83-0.050.92-0.550.72-0.880.610.580.110.63
0.96-0.650.170.920.78-0.34-0.230.780.970.930.790.960.820.590.790.890.230.93-0.780.92-0.890.840.940.460.93
0.97-0.74-0.010.960.65-0.51-0.070.70.950.860.830.960.740.570.920.960.050.97-0.690.84-0.960.70.920.430.83
0.79-0.380.360.710.9-0.16-0.460.820.750.920.670.820.740.820.540.720.440.69-0.790.83-0.70.960.790.730.94
0.7-0.070.40.610.8-0.17-0.570.880.440.840.750.590.570.820.550.660.450.6-0.770.74-0.670.750.470.50.68
0.88-0.7-0.220.910.46-0.710.10.580.760.720.860.790.920.540.550.96-0.170.91-0.530.66-0.970.450.730.240.59
0.93-0.740.010.910.67-0.56-0.110.730.870.850.830.890.960.720.660.960.060.91-0.710.8-0.990.650.860.450.77
0.140.151.0-0.060.720.74-0.980.660.210.44-0.050.230.050.440.45-0.170.060.0-0.740.55-0.010.570.260.550.48
0.99-0.57-0.060.990.6-0.54-0.050.70.870.850.920.930.970.690.60.910.910.0-0.640.83-0.940.660.810.240.76
-0.740.36-0.7-0.6-0.96-0.140.77-0.97-0.73-0.9-0.55-0.78-0.69-0.79-0.77-0.53-0.71-0.74-0.64-0.940.68-0.86-0.75-0.65-0.86
0.9-0.430.50.80.91-0.04-0.570.940.860.960.720.920.840.830.740.660.80.550.83-0.94-0.790.890.840.530.92
-0.940.690.04-0.93-0.640.610.07-0.73-0.84-0.85-0.88-0.89-0.96-0.7-0.67-0.97-0.99-0.01-0.940.68-0.79-0.64-0.82-0.37-0.75
0.77-0.330.510.670.95-0.02-0.570.870.770.930.610.840.70.960.750.450.650.570.66-0.860.89-0.640.790.640.97
0.84-0.820.20.790.75-0.26-0.220.680.990.830.580.940.920.790.470.730.860.260.81-0.750.84-0.820.790.660.92
0.35-0.480.510.230.680.2-0.510.530.530.550.110.460.430.730.50.240.450.550.24-0.650.53-0.370.640.660.68
0.84-0.540.410.750.92-0.11-0.460.840.90.940.630.930.830.940.680.590.770.480.76-0.860.92-0.750.970.920.68
Click cells to compare fundamentals

Jiangxi Sunshine Account Relationship Matchups

Jiangxi Sunshine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets718.2M746.6M740.8M1.4B1.4B1.0B
Other Current Liab38.5M32.5M37.5M37.7M1.3M1.2M
Total Current Liabilities162.4M158.0M163.5M72.3M70.5M90.9M
Total Stockholder Equity538.5M566.6M552.3M1.3B1.3B887.9M
Property Plant And Equipment Net166.6M254.9M250.2M247.9M238.5M233.5M
Net Debt(212.9M)(250.7M)(226.9M)(362.4M)(326.2M)(342.5M)
Retained Earnings231.8M245.7M217.1M315.9M376.6M326.3M
Accounts Payable23.8M25.4M25.9M33.7M26.3M27.2M
Cash313.0M350.8M328.8M363.4M487.9M394.0M
Non Current Assets Total229.4M314.4M315.4M424.1M407.3M346.3M
Non Currrent Assets Other35.2M32.7M39.2M151.5M100.7M73.2M
Cash And Short Term Investments313.0M350.8M328.8M393.4M452.4M372.0M
Common Stock Shares Outstanding208.8M209.8M212.0M253.2M282.7M252.0M
Liabilities And Stockholders Equity718.2M746.6M740.8M1.4B1.6B925.4M
Non Current Liabilities Total730.1K7.2M11.8M11.0M11.4M8.2M
Inventory30.7M31.6M42.7M50.7M32.7M39.6M
Other Current Assets100.6M4.8M11.0M450.7M450.6M473.1M
Other Stockholder Equity97.9M109.0M123.3M665.4M765.2M803.5M
Total Liab163.1M165.1M175.3M83.3M81.9M96.8M
Total Current Assets488.8M432.2M425.4M933.7M1.0B686.6M
Intangible Assets26.0M25.4M24.5M23.4M22.5M21.9M

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Other Information on Investing in Jiangxi Stock

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