Jinlong Change To Netincome vs Change To Account Receivables Analysis

300032 Stock   4.32  0.07  1.59%   
Jinlong Machinery financial indicator trend analysis is infinitely more than just investigating Jinlong Machinery recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinlong Machinery is a good investment. Please check the relationship between Jinlong Machinery Change To Netincome and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinlong Machinery Electronic. 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.

Change To Netincome vs Change To Account Receivables

Change To Netincome vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinlong Machinery Change To Netincome account and Change To Account Receivables. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jinlong Machinery's Change To Netincome and Change To Account Receivables is 0.39. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Jinlong Machinery Electronic, assuming nothing else is changed. The correlation between historical values of Jinlong Machinery's Change To Netincome 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 Netincome of Jinlong Machinery Electronic 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 Netincome i.e., Jinlong Machinery's Change To Netincome and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Netincome

Change To Account Receivables

Most indicators from Jinlong Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinlong Machinery 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 Jinlong Machinery Electronic. 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 51.3 M, whereas Tax Provision is projected to grow to (26.7 M).
 2022 2023 2024 2025 (projected)
Gross Profit389.0M234.3M269.4M256.2M
Total Revenue3.9B2.7B3.1B1.8B

Jinlong Machinery fundamental ratios Correlations

0.890.820.920.950.850.22-0.210.170.730.810.920.510.150.80.960.450.890.430.590.880.970.890.840.580.82
0.890.820.920.770.820.250.140.140.620.60.870.50.220.580.910.390.810.560.460.90.840.970.820.480.79
0.820.820.730.820.63-0.1-0.090.60.420.650.750.430.210.640.810.030.80.320.110.640.80.870.790.130.59
0.920.920.730.760.870.340.1-0.010.850.590.920.380.10.570.950.520.920.460.610.980.860.890.810.650.85
0.950.770.820.760.730.06-0.430.340.550.90.810.530.140.90.870.290.790.310.470.690.970.810.780.420.68
0.850.820.630.870.730.370.14-0.150.690.490.950.520.20.470.820.710.760.530.730.880.740.780.90.750.99
0.220.25-0.10.340.060.370.36-0.680.35-0.110.4-0.14-0.06-0.10.210.620.180.090.580.440.110.130.310.620.42
-0.210.14-0.090.1-0.430.140.36-0.40.04-0.710.08-0.060.17-0.72-0.030.18-0.030.29-0.030.18-0.360.040.090.140.16
0.170.140.6-0.010.34-0.15-0.68-0.4-0.20.41-0.040.030.00.410.14-0.650.22-0.12-0.62-0.150.280.280.08-0.62-0.18
0.730.620.420.850.550.690.350.04-0.20.410.720.180.050.410.790.540.860.270.620.860.680.540.50.660.66
0.810.60.650.590.90.49-0.11-0.710.410.410.570.410.021.00.680.140.60.160.370.50.890.660.530.250.46
0.920.870.750.920.810.950.40.08-0.040.720.570.550.230.560.890.630.840.430.690.910.810.830.940.720.94
0.510.50.430.380.530.52-0.14-0.060.030.180.410.550.670.410.480.320.280.290.420.390.450.470.540.390.47
0.150.220.210.10.140.2-0.060.170.00.050.020.230.670.020.220.150.060.060.120.160.10.10.240.150.17
0.80.580.640.570.90.47-0.1-0.720.410.411.00.560.410.020.670.140.590.160.370.490.890.640.510.250.44
0.960.910.810.950.870.820.21-0.030.140.790.680.890.480.220.670.390.930.480.530.920.930.890.810.560.77
0.450.390.030.520.290.710.620.18-0.650.540.140.630.320.150.140.390.350.390.870.610.310.270.510.910.74
0.890.810.80.920.790.760.18-0.030.220.860.60.840.280.060.590.930.350.290.40.860.860.810.740.480.72
0.430.560.320.460.310.530.090.29-0.120.270.160.430.290.060.160.480.390.290.370.530.40.490.330.40.5
0.590.460.110.610.470.730.58-0.03-0.620.620.370.690.420.120.370.530.870.40.370.690.490.360.560.940.74
0.880.90.640.980.690.880.440.18-0.150.860.50.910.390.160.490.920.610.860.530.690.80.820.770.730.86
0.970.840.80.860.970.740.11-0.360.280.680.890.810.450.10.890.930.310.860.40.490.80.860.730.460.69
0.890.970.870.890.810.780.130.040.280.540.660.830.470.10.640.890.270.810.490.360.820.860.840.380.75
0.840.820.790.810.780.90.310.090.080.50.530.940.540.240.510.810.510.740.330.560.770.730.840.580.89
0.580.480.130.650.420.750.620.14-0.620.660.250.720.390.150.250.560.910.480.40.940.730.460.380.580.76
0.820.790.590.850.680.990.420.16-0.180.660.460.940.470.170.440.770.740.720.50.740.860.690.750.890.76
Click cells to compare fundamentals

Jinlong Machinery Account Relationship Matchups

Jinlong Machinery fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.9B3.2B2.1B2.4B2.5B
Short Long Term Debt Total373.6M810.7M503.9M426.7M490.7M516.8M
Other Current Liab11.8M20.2M6.7M7.1M8.2M7.8M
Total Current Liabilities632.3M1.3B1.8B988.4M1.1B929.1M
Total Stockholder Equity1.2B1.1B1.2B806.3M927.3M1.5B
Property Plant And Equipment Net669.3M816.2M816.3M704.8M810.5M639.9M
Current Deferred Revenue168.9M208.8M161.5M319.3M367.2M385.5M
Net Debt248.1M600.9M152.5M288.3M331.6M348.1M
Retained Earnings(2.7B)(2.8B)(2.7B)(3.1B)(2.8B)(2.7B)
Accounts Payable428.1M486.5M1.4B434.8M500.0M425.1M
Cash125.5M209.8M351.4M138.4M159.1M151.2M
Non Current Assets Total1.3B1.2B1.4B1.3B1.5B1.1B
Non Currrent Assets Other438.8M105.7M12.3M5.9M6.8M6.4M
Cash And Short Term Investments159.9M230.6M351.4M138.4M159.1M151.2M
Net Receivables631.8M776.1M898.6M388.3M446.5M607.9M
Liabilities And Stockholders Equity2.3B2.9B3.2B2.1B2.4B2.5B
Inventory145.8M203.1M569.6M201.5M231.7M271.1M
Other Current Assets59.3M455.2M45.3M12.6M14.5M13.8M
Other Stockholder Equity3.1B3.0B3.0B3.0B3.4B1.8B
Total Liab1.1B1.8B2.1B1.3B1.5B1.1B
Total Current Assets996.8M1.7B1.9B740.7M851.8M1.4B
Short Term Debt23.6M568.5M296.8M227.2M261.3M425.8M
Intangible Assets101.9M67.4M54.8M123.4M141.9M101.3M
Property Plant Equipment827.8M669.3M816.2M816.3M938.8M641.6M
Non Current Liabilities Total440.4M482.4M234.6M282.4M324.8M193.2M
Other Liab83.7M90.4M240.2M27.6M31.7M30.1M
Short Term Investments34.4M20.8M(66.1M)(25.7M)(23.1M)(22.0M)
Net Tangible Assets1.3B1.1B1.1B1.1B1.0B1.5B
Deferred Long Term Liab10.7M10.3M37.4M65.2M75.0M78.8M
Short Long Term Debt23.6M193.9M201.7M208.3M187.5M178.1M
Non Current Liabilities Other47.3M210.4M171.3K24.6M28.3M26.9M
Net Invested Capital1.6B1.3B1.4B1.0B913.1M1.7B
Net Working Capital364.4M380.8M47.0M(247.7M)(222.9M)(211.8M)
Property Plant And Equipment Gross2.0B1.9B816.3M2.0B1.8B1.4B
Accumulated Other Comprehensive Income167.5M166.6M166.4M158.1M142.3M130.9M

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Other Information on Investing in Jinlong Stock

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