002459 Other Current Assets vs Common Stock Analysis

002459 Stock   15.45  0.43  2.71%   
JA Solar financial indicator trend analysis is infinitely more than just investigating JA Solar Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JA Solar Technology is a good investment. Please check the relationship between JA Solar Other Current Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JA Solar Technology. 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.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JA Solar Technology Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between JA Solar's Other Current Assets and Common Stock is 0.78. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of JA Solar Technology, assuming nothing else is changed. The correlation between historical values of JA Solar's Other Current Assets and Common Stock 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 Current Assets of JA Solar Technology are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., JA Solar's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Common Stock

Most indicators from JA Solar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JA Solar Technology 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 JA Solar Technology. 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 1.5 B. The current year's Tax Provision is expected to grow to about 893 M
 2021 2022 2023 2024 (projected)
Total Operating Expenses37.6B65.9B71.3B74.9B
Research Development574.4M1.0B1.1B1.2B

JA Solar fundamental ratios Correlations

0.260.970.990.970.990.970.980.890.970.971.01.00.680.940.940.820.980.040.720.570.97-0.70.280.891.0
0.260.360.280.230.260.370.350.50.350.330.250.20.40.460.48-0.090.35-0.530.650.630.38-0.60.650.470.19
0.970.360.960.980.990.950.970.960.991.00.970.960.80.990.960.850.98-0.130.790.71.0-0.810.360.890.96
0.990.280.960.980.990.970.980.890.980.960.990.990.690.940.920.80.990.060.710.570.97-0.70.240.880.99
0.970.230.980.980.990.920.980.920.990.980.970.970.780.960.910.880.990.050.660.60.98-0.70.170.830.98
0.990.260.990.990.990.950.990.920.990.990.980.980.740.960.940.840.990.010.720.60.99-0.720.240.860.99
0.970.370.950.970.920.950.930.880.930.950.980.970.660.930.950.710.95-0.130.820.630.96-0.750.460.940.95
0.980.350.970.980.980.990.930.930.990.980.970.960.730.960.960.80.980.050.70.590.98-0.70.220.840.97
0.890.50.960.890.920.920.880.930.950.950.890.880.870.990.920.810.93-0.250.820.810.96-0.880.430.890.88
0.970.350.990.980.990.990.930.990.950.990.960.960.80.980.950.820.99-0.030.730.650.99-0.750.250.850.97
0.970.331.00.960.980.990.950.980.950.990.970.960.780.980.960.840.98-0.10.770.660.99-0.760.320.870.97
1.00.250.970.990.970.980.980.970.890.960.970.990.670.940.940.820.960.010.730.570.97-0.70.310.890.99
1.00.20.960.990.970.980.970.960.880.960.960.990.680.930.910.840.970.040.710.580.96-0.710.280.90.99
0.680.40.80.690.780.740.660.730.870.80.780.670.680.840.690.730.79-0.360.650.760.81-0.760.240.680.68
0.940.460.990.940.960.960.930.960.990.980.980.940.930.840.940.810.98-0.190.820.770.99-0.860.40.910.93
0.940.480.960.920.910.940.950.960.920.950.960.940.910.690.940.70.93-0.170.810.630.96-0.730.430.850.92
0.82-0.090.850.80.880.840.710.80.810.820.840.820.840.730.810.70.80.070.480.520.82-0.620.050.680.86
0.980.350.980.990.990.990.950.980.930.990.980.960.970.790.980.930.8-0.020.740.650.99-0.750.250.880.97
0.04-0.53-0.130.060.050.01-0.130.05-0.25-0.03-0.10.010.04-0.36-0.19-0.170.07-0.02-0.58-0.6-0.130.52-0.79-0.280.08
0.720.650.790.710.660.720.820.70.820.730.770.730.710.650.820.810.480.74-0.580.870.8-0.90.80.890.68
0.570.630.70.570.60.60.630.590.810.650.660.570.580.760.770.630.520.65-0.60.870.71-0.950.680.790.54
0.970.381.00.970.980.990.960.980.960.990.990.970.960.810.990.960.820.99-0.130.80.71-0.810.350.90.96
-0.7-0.6-0.81-0.7-0.7-0.72-0.75-0.7-0.88-0.75-0.76-0.7-0.71-0.76-0.86-0.73-0.62-0.750.52-0.9-0.95-0.81-0.7-0.89-0.67
0.280.650.360.240.170.240.460.220.430.250.320.310.280.240.40.430.050.25-0.790.80.680.35-0.70.620.22
0.890.470.890.880.830.860.940.840.890.850.870.890.90.680.910.850.680.88-0.280.890.790.9-0.890.620.86
1.00.190.960.990.980.990.950.970.880.970.970.990.990.680.930.920.860.970.080.680.540.96-0.670.220.86
Click cells to compare fundamentals

JA Solar Account Relationship Matchups

JA Solar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.5B37.3B57.0B72.3B106.6B111.9B
Other Current Liab3.8B3.4B9.3B11.7B228.5M217.1M
Total Current Liabilities15.1B18.6B32.7B35.0B50.3B52.8B
Total Stockholder Equity8.0B14.7B16.5B27.5B35.1B36.9B
Retained Earnings2.8B4.3B6.1B11.3B17.1B17.9B
Accounts Payable4.5B9.0B13.6B18.6B27.4B28.8B
Cash5.7B9.5B13.2B12.2B16.0B16.8B
Other Assets1.4B1.5B4.1B6.7B7.7B8.0B
Net Receivables5.2B3.5B6.9B8.3B9.2B9.6B
Inventory2.8B5.0B8.0B11.9B14.5B15.2B
Other Current Assets1.1B1.8B3.6B3.7B5.5B5.8B
Total Liab20.2B22.5B40.2B42.2B68.6B72.0B
Intangible Assets760.1M921.3M1.0B1.4B2.3B2.4B
Common Stock1.3B1.6B1.6B2.4B2.7B2.8B
Property Plant Equipment11.4B13.2B19.6B25.4B29.2B30.6B
Other Liab1.0B1.3B5.6B4.7B5.4B5.7B
Long Term Debt3.9B777.6M1.3B1.8B9.8B10.3B
Net Tangible Assets7.2B13.7B15.4B26.1B30.1B31.6B
Other Stockholder Equity(47.7M)(90.5M)(137.0M)5.8M5.2M5.4M
Deferred Long Term Liab292.5M414.4M587.5M376.3M432.7M310.2M
Total Current Assets14.8B21.5B31.6B38.2B49.1B51.6B
Short Long Term Debt4.8B4.6B7.6B1.8B978.6M929.7M
Non Current Assets Total13.7B15.8B25.3B34.2B57.5B60.3B
Non Currrent Assets Other88.0M165.7M2.6B5.4B4.3B4.5B
Non Current Liabilities Total5.1B3.9B7.6B7.2B18.3B19.2B
Non Current Liabilities Other787.4M927.7M2.7B1.4B1.6B1.0B
Common Stock Shares Outstanding1.3B1.6B1.6B2.4B3.3B1.7B
Net Invested Capital15.3B20.1B25.4B31.1B45.9B48.2B
Net Working Capital(260.8M)2.9B(1.0B)3.2B(1.1B)(1.1B)
Capital Stock1.3B1.6B1.6B2.4B3.3B1.9B

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Other Information on Investing in 002459 Stock

Balance Sheet is a snapshot of the financial position of JA Solar Technology at a specified time, usually calculated after every quarter, six months, or one year. JA Solar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JA Solar 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 002459 currently owns. An asset can also be divided into two categories, current and non-current.