Guangzhou Total Assets vs Other Stockholder Equity Analysis

002909 Stock

5.49 0.02 0.37%

Guangzhou Jointas financial indicator trend analysis is much more than just examining Guangzhou Jointas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Jointas is a good investment. Please check the relationship between Guangzhou Jointas Total Assets and its Other Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Jointas Chemical. 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.

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Jointas Total Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Guangzhou Jointas' Total Assets and Other Stockholder Equity is 0.84. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Guangzhou Jointas Chemical, assuming nothing else is changed. The correlation between historical values of Guangzhou Jointas' Total Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Guangzhou Jointas Chemical are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Assets i.e., Guangzhou Jointas' Total Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

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Total Assets

Total assets refers to the total amount of Guangzhou Jointas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Guangzhou Jointas books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Stockholder Equity

Most indicators from Guangzhou Jointas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Jointas 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 Guangzhou Jointas Chemical. 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.

As of December 2, 2024, Selling General Administrative is expected to decline to about 18 M. In addition to that, Tax Provision is expected to decline to about 858.9 K

	2021	2022	2023	2024 (projected)
Interest Expense	16.5M	24.8M	29.2M	30.6M
Depreciation And Amortization	38.8M	48.6M	64.4M	67.7M

Interest Expense Depreciation And Amortization

Guangzhou Jointas fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab
Total Assets		0.76	0.75	0.99	0.99	0.81	0.23	0.34	0.97	0.92	0.76	0.85	0.46	0.76	0.98	0.93	0.72	0.97	0.38	0.84	0.99	0.96	0.81	0.76	0.89	0.66
Short Long Term Debt Total	0.76		0.58	0.77	0.72	0.98	-0.18	0.83	0.69	0.6	0.37	0.98	0.2	0.37	0.76	0.8	0.94	0.71	0.19	0.53	0.79	0.64	0.99	0.96	0.95	0.96
Other Current Liab	0.75	0.58		0.82	0.69	0.59	0.02	0.35	0.68	0.6	0.42	0.64	0.01	0.42	0.83	0.7	0.37	0.74	0.3	0.42	0.79	0.7	0.66	0.75	0.71	0.49
Total Current Liabilities	0.99	0.77	0.82		0.96	0.8	0.19	0.38	0.93	0.89	0.71	0.85	0.39	0.71	0.99	0.93	0.69	0.95	0.34	0.78	1.0	0.93	0.82	0.8	0.9	0.67
Total Stockholder Equity	0.99	0.72	0.69	0.96		0.78	0.26	0.26	0.99	0.95	0.82	0.83	0.53	0.82	0.95	0.9	0.69	0.97	0.45	0.91	0.96	0.97	0.76	0.69	0.87	0.62
Property Plant And Equipment Net	0.81	0.98	0.59	0.8	0.78		-0.16	0.76	0.75	0.69	0.46	0.99	0.2	0.46	0.79	0.87	0.93	0.79	0.3	0.63	0.82	0.7	0.97	0.93	0.97	0.94
Current Deferred Revenue	0.23	-0.18	0.02	0.19	0.26	-0.16		-0.56	0.32	0.34	0.62	-0.1	0.45	0.62	0.25	0.04	-0.02	0.17	0.02	0.33	0.19	0.42	-0.15	-0.24	-0.01	-0.35
Net Debt	0.34	0.83	0.35	0.38	0.26	0.76	-0.56		0.22	0.08	-0.21	0.72	-0.21	-0.21	0.36	0.46	0.72	0.28	-0.02	0.04	0.4	0.12	0.8	0.83	0.64	0.88
Retained Earnings	0.97	0.69	0.68	0.93	0.99	0.75	0.32	0.22		0.92	0.83	0.8	0.52	0.83	0.94	0.88	0.69	0.94	0.42	0.88	0.94	0.97	0.73	0.66	0.84	0.58
Accounts Payable	0.92	0.6	0.6	0.89	0.95	0.69	0.34	0.08	0.92		0.9	0.73	0.58	0.9	0.87	0.86	0.61	0.95	0.42	0.92	0.89	0.96	0.64	0.56	0.79	0.47
Cash	0.76	0.37	0.42	0.71	0.82	0.46	0.62	-0.21	0.83	0.9		0.52	0.7	1.0	0.72	0.62	0.45	0.78	0.36	0.87	0.7	0.9	0.41	0.3	0.6	0.21
Non Current Assets Total	0.85	0.98	0.64	0.85	0.83	0.99	-0.1	0.72	0.8	0.73	0.52		0.31	0.52	0.84	0.87	0.92	0.82	0.27	0.66	0.86	0.75	0.99	0.94	0.99	0.93
Non Currrent Assets Other	0.46	0.2	0.01	0.39	0.53	0.2	0.45	-0.21	0.52	0.58	0.7	0.31		0.7	0.35	0.26	0.28	0.4	0.05	0.64	0.39	0.53	0.22	0.05	0.31	0.15
Cash And Short Term Investments	0.76	0.37	0.42	0.71	0.82	0.46	0.62	-0.21	0.83	0.9	1.0	0.52	0.7		0.72	0.62	0.45	0.78	0.36	0.87	0.7	0.9	0.41	0.3	0.6	0.21
Net Receivables	0.98	0.76	0.83	0.99	0.95	0.79	0.25	0.36	0.94	0.87	0.72	0.84	0.35	0.72		0.91	0.69	0.94	0.35	0.76	0.99	0.94	0.81	0.79	0.89	0.63
Common Stock Shares Outstanding	0.93	0.8	0.7	0.93	0.9	0.87	0.04	0.46	0.88	0.86	0.62	0.87	0.26	0.62	0.91		0.79	0.91	0.26	0.71	0.94	0.84	0.82	0.79	0.9	0.73
Non Current Liabilities Total	0.72	0.94	0.37	0.69	0.69	0.93	-0.02	0.72	0.69	0.61	0.45	0.92	0.28	0.45	0.69	0.79		0.65	0.11	0.55	0.72	0.63	0.9	0.82	0.9	0.88
Inventory	0.97	0.71	0.74	0.95	0.97	0.79	0.17	0.28	0.94	0.95	0.78	0.82	0.4	0.78	0.94	0.91	0.65		0.53	0.9	0.95	0.95	0.76	0.72	0.86	0.61
Other Current Assets	0.38	0.19	0.3	0.34	0.45	0.3	0.02	-0.02	0.42	0.42	0.36	0.27	0.05	0.36	0.35	0.26	0.11	0.53		0.63	0.32	0.45	0.22	0.23	0.28	0.2
Other Stockholder Equity	0.84	0.53	0.42	0.78	0.91	0.63	0.33	0.04	0.88	0.92	0.87	0.66	0.64	0.87	0.76	0.71	0.55	0.9	0.63		0.78	0.9	0.57	0.45	0.69	0.44
Total Liab	0.99	0.79	0.79	1.0	0.96	0.82	0.19	0.4	0.94	0.89	0.7	0.86	0.39	0.7	0.99	0.94	0.72	0.95	0.32	0.78		0.93	0.83	0.8	0.9	0.68
Total Current Assets	0.96	0.64	0.7	0.93	0.97	0.7	0.42	0.12	0.97	0.96	0.9	0.75	0.53	0.9	0.94	0.84	0.63	0.95	0.45	0.9	0.93		0.69	0.62	0.82	0.49
Short Term Debt	0.81	0.99	0.66	0.82	0.76	0.97	-0.15	0.8	0.73	0.64	0.41	0.99	0.22	0.41	0.81	0.82	0.9	0.76	0.22	0.57	0.83	0.69		0.98	0.97	0.94
Intangible Assets	0.76	0.96	0.75	0.8	0.69	0.93	-0.24	0.83	0.66	0.56	0.3	0.94	0.05	0.3	0.79	0.79	0.82	0.72	0.23	0.45	0.8	0.62	0.98		0.93	0.92
Common Stock	0.89	0.95	0.71	0.9	0.87	0.97	-0.01	0.64	0.84	0.79	0.6	0.99	0.31	0.6	0.89	0.9	0.9	0.86	0.28	0.69	0.9	0.82	0.97	0.93		0.87
Other Liab	0.66	0.96	0.49	0.67	0.62	0.94	-0.35	0.88	0.58	0.47	0.21	0.93	0.15	0.21	0.63	0.73	0.88	0.61	0.2	0.44	0.68	0.49	0.94	0.92	0.87

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Guangzhou Jointas Account Relationship Matchups

Guangzhou Jointas fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	999.0M	1.6B	1.9B	1.9B	2.0B	1.1B
Short Long Term Debt Total	167.1M	257.2M	388.9M	521.6M	735.9M	772.7M
Other Current Liab	7.0M	2.2M	175.2M	185.5M	64.6M	44.9M
Total Current Liabilities	400.0M	708.6M	978.8M	979.1M	954.4M	523.5M
Total Stockholder Equity	519.9M	860.8M	842.6M	854.3M	851.9M	534.8M
Property Plant And Equipment Net	257.8M	257.4M	366.8M	498.4M	665.0M	698.3M
Current Deferred Revenue	64.5M	86.0M	82.7M	7.6M	9.7M	9.3M
Net Debt	(77.5M)	(248.1M)	(22.2M)	318.5M	579.9M	608.9M
Retained Earnings	144.7M	196.5M	202.7M	191.0M	180.1M	119.2M
Accounts Payable	188.1M	379.3M	348.6M	278.9M	292.8M	206.6M
Cash	244.6M	505.2M	411.2M	203.1M	156.0M	206.2M
Non Current Assets Total	344.3M	605.3M	705.9M	970.5M	1.1B	1.2B
Non Currrent Assets Other	1.8M	243.5M	11.8M	45.7M	20.5M	31.5M
Cash And Short Term Investments	244.6M	505.2M	411.2M	203.1M	156.0M	206.2M
Net Receivables	328.2M	431.3M	644.5M	574.8M	554.8M	359.6M
Common Stock Shares Outstanding	329.3M	326.8M	372.7M	372.8M	428.7M	331.2M
Liabilities And Stockholders Equity	999.0M	1.6B	1.9B	1.9B	2.0B	1.1B
Non Current Liabilities Total	71.7M	71.2M	65.6M	56.1M	153.9M	161.6M
Inventory	65.7M	93.8M	108.2M	107.7M	104.8M	77.3M
Other Current Assets	16.2M	13.4M	19.4M	33.7M	10.8M	17.9M
Other Stockholder Equity	170.9M	354.1M	235.0M	236.4M	240.0M	191.3M
Total Liab	471.6M	779.8M	1.0B	1.0B	1.1B	566.6M
Total Current Assets	654.7M	1.0B	1.2B	919.3M	826.4M	661.0M
Short Term Debt	140.4M	241.1M	372.3M	507.2M	587.3M	616.7M
Intangible Assets	39.2M	37.7M	254.6M	366.0M	362.8M	381.0M
Other Liab	16.0M	15.0M	12.4M	41.7M	48.0M	50.4M
Net Tangible Assets	455.8M	798.2M	563.0M	463.4M	532.9M	530.4M
Deferred Long Term Liab	16.0M	15.9M	19.0M	23.1M	26.6M	18.8M
Short Long Term Debt	140.4M	204.4M	328.4M	439.8M	405.3M	252.3M
Property Plant Equipment	257.8M	257.4M	366.8M	498.4M	573.2M	297.9M
Net Invested Capital	687.0M	1.1B	1.2B	1.3B	1.3B	1.1B
Net Working Capital	254.7M	335.1M	204.5M	(59.8M)	(128.0M)	(121.6M)

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

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Guangzhou Total Assets vs Other Stockholder Equity Analysis

Total Assets vs Other Stockholder Equity

Total Assets vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Total Assets

Other Stockholder Equity

Guangzhou Jointas fundamental ratios Correlations

Guangzhou Jointas Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangzhou Jointas fundamental ratios Accounts

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Other Information on Investing in Guangzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Short Term Debt	+ 0.99	Short Long Term Debt Total

Net Debt	- 0.56	Current Deferred Revenue
Other Liab	- 0.35	Current Deferred Revenue
Intangible Assets	- 0.24	Current Deferred Revenue
Cash And Short Term Investments	- 0.21	Net Debt
Non Currrent Assets Other	- 0.21	Net Debt
Cash	- 0.21	Net Debt