Jiangsu Net Tangible Assets vs Intangible Assets Analysis

002585 Stock

4.98 0.03 0.61%

Jiangsu Shuangxing financial indicator trend analysis is infinitely more than just investigating Jiangsu Shuangxing Color recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Shuangxing Color is a good investment. Please check the relationship between Jiangsu Shuangxing Net Tangible Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Shuangxing Color. 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.

Net Tangible Assets vs Intangible Assets

Net Tangible Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Shuangxing Color Net Tangible Assets account and Intangible Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Jiangsu Shuangxing's Net Tangible Assets and Intangible Assets is 0.9. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Jiangsu Shuangxing Color, assuming nothing else is changed. The correlation between historical values of Jiangsu Shuangxing's Net Tangible Assets and Intangible 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 Net Tangible Assets of Jiangsu Shuangxing Color are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Tangible Assets i.e., Jiangsu Shuangxing's Net Tangible Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.9

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Jiangsu Shuangxing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Shuangxing Color 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 Shuangxing Color. 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.

As of January 6, 2025, Selling General Administrative is expected to decline to about 42.6 M. The current year's Tax Provision is expected to grow to about (66.9 M)

	2022	2024	2025 (projected)
Research Development	253.1M	262.6M	168.6M
Income Tax Expense	41.8M	48.1M	51.3M

Research Development Income Tax Expense

Jiangsu Shuangxing fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Net Tangible Assets	Good Will	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other
Total Assets		0.6	0.91	0.86	0.93	0.93	0.44	-0.32	0.68	0.98	-0.08	0.94	0.94	0.81	0.98	0.76	0.84	0.9	-0.86	0.6	0.89	0.91	0.86	0.65	-0.71	-0.93
Other Current Liab	0.6		0.51	0.66	0.74	0.52	0.54	-0.26	0.73	0.5	0.33	0.49	0.7	0.61	0.61	0.31	0.59	0.69	-0.66	0.8	0.64	0.69	0.6	0.64	-0.73	-0.62
Total Current Liabilities	0.91	0.51		0.65	0.87	0.99	0.33	-0.56	0.43	0.91	-0.39	0.98	0.92	0.56	0.91	0.89	0.74	0.84	-0.71	0.56	0.75	0.78	0.89	0.5	-0.71	-0.95
Total Stockholder Equity	0.86	0.66	0.65		0.82	0.7	0.53	-0.12	0.82	0.81	0.23	0.69	0.79	0.95	0.84	0.49	0.77	0.89	-0.83	0.62	0.82	0.89	0.81	0.64	-0.69	-0.77
Retained Earnings	0.93	0.74	0.87	0.82		0.9	0.44	-0.42	0.63	0.92	0.04	0.88	0.96	0.71	0.95	0.8	0.81	0.9	-0.78	0.64	0.8	0.84	0.9	0.69	-0.72	-0.95
Accounts Payable	0.93	0.52	0.99	0.7	0.9		0.33	-0.52	0.47	0.93	-0.32	0.96	0.93	0.61	0.94	0.87	0.77	0.85	-0.73	0.61	0.77	0.79	0.9	0.53	-0.76	-0.96
Cash	0.44	0.54	0.33	0.53	0.44	0.33		-0.25	0.47	0.28	0.17	0.32	0.43	0.38	0.39	0.07	0.46	0.37	-0.32	0.5	0.31	0.4	0.35	0.3	-0.46	-0.33
Long Term Debt	-0.32	-0.26	-0.56	-0.12	-0.42	-0.52	-0.25		0.02	-0.31	0.4	-0.49	-0.47	0.0	-0.3	-0.6	-0.23	-0.44	0.32	-0.42	-0.34	-0.33	-0.53	-0.21	0.52	0.57
Net Receivables	0.68	0.73	0.43	0.82	0.63	0.47	0.47	0.02		0.59	0.39	0.5	0.57	0.88	0.64	0.16	0.53	0.71	-0.8	0.63	0.77	0.81	0.53	0.54	-0.64	-0.54
Inventory	0.98	0.5	0.91	0.81	0.92	0.93	0.28	-0.31	0.59		-0.14	0.94	0.92	0.75	0.98	0.84	0.82	0.88	-0.81	0.49	0.84	0.86	0.87	0.62	-0.62	-0.93
Other Current Assets	-0.08	0.33	-0.39	0.23	0.04	-0.32	0.17	0.4	0.39	-0.14		-0.35	-0.12	0.25	-0.09	-0.39	-0.05	0.0	-0.12	0.14	0.07	0.04	-0.17	0.19	0.0	0.17
Total Liab	0.94	0.49	0.98	0.69	0.88	0.96	0.32	-0.49	0.5	0.94	-0.35		0.91	0.63	0.93	0.88	0.75	0.86	-0.75	0.49	0.79	0.84	0.89	0.54	-0.64	-0.94
Intangible Assets	0.94	0.7	0.92	0.79	0.96	0.93	0.43	-0.47	0.57	0.92	-0.12	0.91		0.71	0.94	0.82	0.88	0.9	-0.79	0.71	0.82	0.84	0.9	0.7	-0.78	-0.96
Common Stock	0.81	0.61	0.56	0.95	0.71	0.61	0.38	0.0	0.88	0.75	0.25	0.63	0.71		0.76	0.37	0.72	0.85	-0.88	0.61	0.86	0.9	0.7	0.64	-0.66	-0.68
Property Plant Equipment	0.98	0.61	0.91	0.84	0.95	0.94	0.39	-0.3	0.64	0.98	-0.09	0.93	0.94	0.76		0.8	0.83	0.88	-0.79	0.58	0.82	0.85	0.87	0.61	-0.7	-0.93
Other Liab	0.76	0.31	0.89	0.49	0.8	0.87	0.07	-0.6	0.16	0.84	-0.39	0.88	0.82	0.37	0.8		0.61	0.73	-0.54	0.29	0.58	0.61	0.84	0.4	-0.47	-0.88
Other Assets	0.84	0.59	0.74	0.77	0.81	0.77	0.46	-0.23	0.53	0.82	-0.05	0.75	0.88	0.72	0.83	0.61		0.77	-0.74	0.61	0.75	0.76	0.73	0.76	-0.64	-0.8
Net Tangible Assets	0.9	0.69	0.84	0.89	0.9	0.85	0.37	-0.44	0.71	0.88	0.0	0.86	0.9	0.85	0.88	0.73	0.77		-0.91	0.65	0.91	0.96	0.95	0.69	-0.76	-0.93
Good Will	-0.86	-0.66	-0.71	-0.83	-0.78	-0.73	-0.32	0.32	-0.8	-0.81	-0.12	-0.75	-0.79	-0.88	-0.79	-0.54	-0.74	-0.91		-0.68	-1.0	-0.96	-0.75	-0.74	0.74	0.82
Deferred Long Term Liab	0.6	0.8	0.56	0.62	0.64	0.61	0.5	-0.42	0.63	0.49	0.14	0.49	0.71	0.61	0.58	0.29	0.61	0.65	-0.68		0.67	0.64	0.57	0.6	-0.96	-0.66
Long Term Investments	0.89	0.64	0.75	0.82	0.8	0.77	0.31	-0.34	0.77	0.84	0.07	0.79	0.82	0.86	0.82	0.58	0.75	0.91	-1.0	0.67		0.96	0.76	0.73	-0.74	-0.85
Total Current Assets	0.91	0.69	0.78	0.89	0.84	0.79	0.4	-0.33	0.81	0.86	0.04	0.84	0.84	0.9	0.85	0.61	0.76	0.96	-0.96	0.64	0.96		0.85	0.72	-0.72	-0.86
Non Current Assets Total	0.86	0.6	0.89	0.81	0.9	0.9	0.35	-0.53	0.53	0.87	-0.17	0.89	0.9	0.7	0.87	0.84	0.73	0.95	-0.75	0.57	0.76	0.85		0.57	-0.71	-0.94
Non Currrent Assets Other	0.65	0.64	0.5	0.64	0.69	0.53	0.3	-0.21	0.54	0.62	0.19	0.54	0.7	0.64	0.61	0.4	0.76	0.69	-0.74	0.6	0.73	0.72	0.57		-0.52	-0.65
Non Current Liabilities Total	-0.71	-0.73	-0.71	-0.69	-0.72	-0.76	-0.46	0.52	-0.64	-0.62	0.0	-0.64	-0.78	-0.66	-0.7	-0.47	-0.64	-0.76	0.74	-0.96	-0.74	-0.72	-0.71	-0.52		0.79
Non Current Liabilities Other	-0.93	-0.62	-0.95	-0.77	-0.95	-0.96	-0.33	0.57	-0.54	-0.93	0.17	-0.94	-0.96	-0.68	-0.93	-0.88	-0.8	-0.93	0.82	-0.66	-0.85	-0.86	-0.94	-0.65	0.79

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Jiangsu Shuangxing Account Relationship Matchups

Jiangsu Shuangxing fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.2B	12.1B	12.2B	13.4B	15.4B	16.2B
Other Current Liab	654.5M	1.0B	557.7M	308.8M	355.1M	337.1M
Total Current Liabilities	1.9B	2.7B	2.1B	3.9B	4.4B	4.7B
Total Stockholder Equity	8.3B	9.4B	9.7B	9.3B	10.7B	6.0B
Retained Earnings	2.0B	3.1B	3.5B	2.6B	3.0B	3.2B
Accounts Payable	1.2B	1.5B	1.4B	2.0B	2.3B	2.4B
Cash	1.3B	1.6B	713.7M	937.8M	1.1B	811.5M
Net Receivables	947.6M	1.8B	970.1M	882.8M	1.0B	755.1M
Inventory	1.2B	1.6B	2.1B	2.1B	2.4B	2.5B
Other Current Assets	606.5M	914.8M	1.1B	89.1M	102.5M	97.3M
Total Liab	1.9B	2.7B	2.5B	4.1B	4.7B	4.9B
Intangible Assets	334.3M	346.9M	371.8M	364.4M	419.0M	440.0M
Property Plant Equipment	3.8B	4.3B	5.6B	5.9B	6.8B	7.2B
Other Liab	2.4M	6.9M	18.4M	73.1M	84.1M	88.3M
Other Assets	101.4M	247.3M	198.6M	211.3M	243.0M	255.2M
Net Tangible Assets	7.5B	8.0B	9.1B	9.3B	10.8B	8.1B
Deferred Long Term Liab	24.4M	35.4M	29.4M	13.3M	15.3M	15.2M
Total Current Assets	4.9B	5.5B	5.1B	5.4B	6.2B	5.1B
Non Current Assets Total	5.3B	6.6B	7.1B	8.0B	9.2B	5.9B
Non Currrent Assets Other	181.6M	129.5M	147.7M	100.3M	115.3M	126.0M
Non Current Liabilities Total	6.9M	18.4M	439.9M	223.9M	201.5M	308.7M
Non Current Liabilities Other	419.6K	324.6K	229.6K	134.6K	121.1K	115.1K
Net Invested Capital	8.3B	9.4B	10.1B	9.5B	11.0B	9.7B
Net Working Capital	3.0B	2.8B	3.0B	1.5B	1.4B	2.5B
Property Plant And Equipment Net	4.3B	5.6B	5.9B	6.7B	7.7B	5.8B
Property Plant And Equipment Gross	7.0B	8.8B	5.9B	10.5B	12.1B	8.5B

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Other Information on Investing in Jiangsu Stock

Balance Sheet is a snapshot of the financial position of Jiangsu Shuangxing Color at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Shuangxing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Shuangxing 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.

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Jiangsu Net Tangible Assets vs Intangible Assets Analysis

Net Tangible Assets vs Intangible Assets

Net Tangible Assets vs Intangible Assets Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Intangible Assets

Jiangsu Shuangxing fundamental ratios Correlations

Jiangsu Shuangxing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiangsu Shuangxing fundamental ratios Accounts

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Other Information on Investing in Jiangsu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 0.99	Total Current Liabilities
Inventory	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Property Plant Equipment	+ 0.98	Inventory
Intangible Assets	+ 0.96	Retained Earnings

Long Term Investments	- 1.0	Good Will
Non Current Liabilities Total	- 0.96	Deferred Long Term Liab
Total Current Assets	- 0.96	Good Will
Non Current Liabilities Other	- 0.96	Intangible Assets
Non Current Liabilities Other	- 0.96	Accounts Payable
Non Current Liabilities Other	- 0.95	Retained Earnings