Jiangsu Property Plant Equipment vs Other Current Assets Analysis

300753 Stock   16.88  1.08  6.01%   
Jiangsu Apon financial indicator trend analysis is infinitely more than just investigating Jiangsu Apon Medical recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Apon Medical is a good investment. Please check the relationship between Jiangsu Apon Property Plant Equipment and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Apon Medical. 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.

Property Plant Equipment vs Other Current Assets

Property Plant Equipment vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Apon Medical Property Plant Equipment account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Jiangsu Apon's Property Plant Equipment and Other Current Assets is 0.14. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Jiangsu Apon Medical, assuming nothing else is changed. The correlation between historical values of Jiangsu Apon's Property Plant Equipment and Other Current 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 Property Plant Equipment of Jiangsu Apon Medical are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant Equipment i.e., Jiangsu Apon's Property Plant Equipment and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

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.
Most indicators from Jiangsu Apon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Apon Medical 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 Apon Medical. 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 Tax Provision is expected to grow to about 5.4 M, whereas Selling General Administrative is forecasted to decline to about 138 M.
 2022 2023 2024 2025 (projected)
Gross Profit160.0M276.7M318.2M249.4M
Total Revenue323.8M422.2M485.5M381.3M

Jiangsu Apon fundamental ratios Correlations

-0.840.780.991.00.950.950.690.950.250.830.920.830.860.160.820.770.950.850.940.970.940.971.00.860.85
-0.84-0.54-0.85-0.83-0.83-0.7-0.65-0.74-0.26-0.77-0.79-0.63-0.65-0.07-0.58-0.68-0.84-0.85-0.73-0.76-0.83-0.87-0.85-0.8-0.69
0.78-0.540.720.770.570.80.230.88-0.110.730.860.770.82-0.330.980.80.610.560.870.850.650.760.760.420.87
0.99-0.850.720.990.970.940.750.920.290.810.880.790.820.220.760.720.970.870.910.950.960.971.00.90.8
1.0-0.830.770.990.950.960.720.930.290.810.90.790.830.160.80.720.960.860.920.960.950.970.990.870.81
0.95-0.830.570.970.950.870.750.860.240.70.820.770.770.40.640.650.940.860.850.90.890.90.950.90.75
0.95-0.70.80.940.960.870.730.880.30.80.810.730.780.040.810.70.930.830.870.920.930.930.950.830.76
0.69-0.650.230.750.720.750.730.430.670.50.370.220.270.30.220.190.880.750.410.520.860.740.720.940.23
0.95-0.740.880.920.930.860.880.430.010.820.970.950.960.090.930.880.80.730.990.990.80.890.930.660.96
0.25-0.26-0.110.290.290.240.30.670.010.35-0.02-0.09-0.030.21-0.1-0.110.450.290.040.090.490.30.250.54-0.15
0.83-0.770.730.810.810.70.80.50.820.350.810.770.83-0.110.80.890.760.680.810.790.820.860.830.670.81
0.92-0.790.860.880.90.820.810.370.97-0.020.810.920.940.020.920.870.770.720.970.960.770.870.90.630.94
0.83-0.630.770.790.790.770.730.220.95-0.090.770.920.990.20.880.90.630.560.950.910.620.740.810.490.96
0.86-0.650.820.820.830.770.780.270.96-0.030.830.940.990.080.920.920.670.630.960.930.680.780.840.520.96
0.16-0.07-0.330.220.160.40.040.30.090.21-0.110.020.20.08-0.21-0.140.210.020.110.140.130.070.180.340.02
0.82-0.580.980.760.80.640.810.220.93-0.10.80.920.880.92-0.210.880.630.580.930.90.660.780.80.440.94
0.77-0.680.80.720.720.650.70.190.88-0.110.890.870.90.92-0.140.880.580.580.860.810.620.760.760.450.94
0.95-0.840.610.970.960.940.930.880.80.450.760.770.630.670.210.630.580.890.790.860.990.960.960.970.65
0.85-0.850.560.870.860.860.830.750.730.290.680.720.560.630.020.580.580.890.710.770.850.840.850.820.61
0.94-0.730.870.910.920.850.870.410.990.040.810.970.950.960.110.930.860.790.710.980.790.880.920.650.96
0.97-0.760.850.950.960.90.920.520.990.090.790.960.910.930.140.90.810.860.770.980.850.910.960.730.91
0.94-0.830.650.960.950.890.930.860.80.490.820.770.620.680.130.660.620.990.850.790.850.970.950.950.66
0.97-0.870.760.970.970.90.930.740.890.30.860.870.740.780.070.780.760.960.840.880.910.970.980.890.81
1.0-0.850.761.00.990.950.950.720.930.250.830.90.810.840.180.80.760.960.850.920.960.950.980.880.84
0.86-0.80.420.90.870.90.830.940.660.540.670.630.490.520.340.440.450.970.820.650.730.950.890.880.5
0.85-0.690.870.80.810.750.760.230.96-0.150.810.940.960.960.020.940.940.650.610.960.910.660.810.840.5
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Jiangsu Apon Account Relationship Matchups

Jiangsu Apon fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets827.2M899.1M870.2M859.6M988.5M760.3M
Other Current Liab13.2M11.9M36.8M545.5K491.0K466.4K
Total Current Liabilities85.2M76.6M147.1M129.9M149.4M97.5M
Total Stockholder Equity739.5M779.6M685.6M696.2M800.6M643.0M
Net Tangible Assets555.9M615.3M668.0M677.0M778.5M533.3M
Retained Earnings283.6M306.0M188.1M197.0M226.5M199.7M
Accounts Payable31.4M27.8M46.9M29.9M34.4M28.1M
Cash388.6M274.7M249.3M200.9M231.0M313.7M
Non Current Assets Total303.9M414.9M424.8M417.3M479.9M294.4M
Non Currrent Assets Other1.2M3.7M781.4K144.9K130.4K123.8K
Other Assets20.9M8.0M4.8M20.1M23.1M24.2M
Net Receivables79.2M130.9M110.8M148.4M170.7M93.7M
Non Current Liabilities Total2.2M42.0M36.7M32.5M37.4M39.2M
Inventory31.7M67.4M61.0M55.7M64.0M43.2M
Other Current Assets9.4M11.2M1.5M1.9M2.1M2.0M
Total Liab87.4M118.5M183.9M162.4M186.7M113.9M
Deferred Long Term Liab1.5M929.1K1.5M7.6M8.8M9.2M
Total Current Assets523.3M484.2M445.4M442.3M508.6M465.9M
Intangible Assets37.7M33.2M35.6M34.0M39.1M36.6M
Property Plant Equipment99.2M143.7M168.6M212.8M244.7M128.6M
Other Liab2.6M2.5M2.2M2.1M2.4M2.2M
Net Invested Capital739.5M779.6M715.0M735.4M845.8M710.5M
Net Working Capital438.1M407.6M298.3M312.4M359.3M399.6M
Property Plant And Equipment Net168.6M212.8M207.0M212.8M244.7M207.9M
Property Plant And Equipment Gross195.2M247.4M249.2M265.8M305.7M247.1M

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Other Information on Investing in Jiangsu Stock

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