Tjk Research Development vs Total Revenue Analysis

300823 Stock   14.03  0.22  1.59%   
Tjk Machinery financial indicator trend analysis is much more than just breaking down Tjk Machinery Tianjin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tjk Machinery Tianjin is a good investment. Please check the relationship between Tjk Machinery Research Development and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tjk Machinery Tianjin. 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.

Research Development vs Total Revenue

Research Development vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tjk Machinery Tianjin Research Development account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tjk Machinery's Research Development and Total Revenue is -0.38. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Tjk Machinery Tianjin, assuming nothing else is changed. The correlation between historical values of Tjk Machinery's Research Development and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Tjk Machinery Tianjin are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Research Development i.e., Tjk Machinery's Research Development and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Research Development

Total Revenue

Total revenue comprises all receipts Tjk Machinery Tianjin generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Tjk Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tjk Machinery Tianjin 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 Tjk Machinery Tianjin. 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 December 21, 2024, Tax Provision is expected to decline to about 8.5 M. In addition to that, Selling General Administrative is expected to decline to about 41.5 M
 2021 2022 2023 2024 (projected)
Gross Profit219.9M157.8M203.4M218.5M
Total Revenue481.2M437.3M461.0M481.1M

Tjk Machinery fundamental ratios Correlations

0.150.040.350.230.020.220.030.08-0.48-0.280.09-0.330.030.51-0.150.38-0.230.57-0.1-0.19-0.14-0.05-0.040.270.08
0.150.960.730.96-0.870.97-0.520.990.27-0.780.990.450.930.72-0.93-0.50.71-0.250.910.82-0.84-0.950.97-0.81-0.92
0.040.960.670.96-0.950.88-0.660.960.43-0.720.960.550.920.55-0.89-0.580.78-0.380.950.9-0.81-0.950.98-0.88-0.95
0.350.730.670.72-0.610.81-0.310.79-0.27-0.720.760.340.640.87-0.83-0.290.540.070.70.59-0.72-0.790.7-0.54-0.64
0.230.960.960.72-0.930.9-0.640.930.3-0.650.920.540.830.68-0.85-0.580.74-0.340.920.84-0.73-0.90.91-0.84-0.92
0.02-0.87-0.95-0.61-0.93-0.760.83-0.87-0.440.54-0.85-0.67-0.79-0.440.780.75-0.820.58-0.93-0.910.680.87-0.90.950.91
0.220.970.880.810.9-0.76-0.410.960.05-0.830.970.380.880.83-0.95-0.430.64-0.120.840.7-0.85-0.930.91-0.71-0.85
0.03-0.52-0.66-0.31-0.640.83-0.41-0.52-0.290.28-0.5-0.72-0.47-0.080.480.71-0.670.65-0.64-0.60.440.58-0.590.720.63
0.080.990.960.790.93-0.870.96-0.520.24-0.81.00.470.940.71-0.96-0.510.75-0.250.940.84-0.86-0.980.99-0.82-0.92
-0.480.270.43-0.270.3-0.440.05-0.290.240.060.250.180.35-0.38-0.07-0.360.35-0.540.40.59-0.05-0.190.38-0.5-0.37
-0.28-0.78-0.72-0.72-0.650.54-0.830.28-0.80.06-0.84-0.11-0.89-0.630.920.12-0.32-0.13-0.57-0.530.970.85-0.780.450.68
0.090.990.960.760.92-0.850.97-0.51.00.25-0.840.430.960.69-0.97-0.480.7-0.220.910.83-0.89-0.980.98-0.8-0.92
-0.330.450.550.340.54-0.670.38-0.720.470.18-0.110.430.310.18-0.36-0.780.7-0.690.660.51-0.27-0.520.5-0.69-0.68
0.030.930.920.640.83-0.790.88-0.470.940.35-0.890.960.310.53-0.94-0.390.58-0.210.820.79-0.93-0.940.96-0.73-0.86
0.510.720.550.870.68-0.440.83-0.080.71-0.38-0.630.690.180.53-0.72-0.160.390.220.560.37-0.58-0.650.57-0.37-0.53
-0.15-0.93-0.89-0.83-0.850.78-0.950.48-0.96-0.070.92-0.97-0.36-0.94-0.720.4-0.630.12-0.83-0.740.950.97-0.940.710.84
0.38-0.5-0.58-0.29-0.580.75-0.430.71-0.51-0.360.12-0.48-0.78-0.39-0.160.4-0.580.92-0.65-0.690.340.55-0.550.840.68
-0.230.710.780.540.74-0.820.64-0.670.750.35-0.320.70.70.580.39-0.63-0.58-0.430.90.76-0.43-0.710.77-0.84-0.76
0.57-0.25-0.380.07-0.340.58-0.120.65-0.25-0.54-0.13-0.22-0.69-0.210.220.120.92-0.43-0.44-0.540.10.29-0.340.70.48
-0.10.910.950.70.92-0.930.84-0.640.940.4-0.570.910.660.820.56-0.83-0.650.9-0.440.91-0.68-0.90.95-0.92-0.93
-0.190.820.90.590.84-0.910.7-0.60.840.59-0.530.830.510.790.37-0.74-0.690.76-0.540.91-0.66-0.840.89-0.95-0.88
-0.14-0.84-0.81-0.72-0.730.68-0.850.44-0.86-0.050.97-0.89-0.27-0.93-0.580.950.34-0.430.1-0.68-0.660.93-0.860.620.79
-0.05-0.95-0.95-0.79-0.90.87-0.930.58-0.98-0.190.85-0.98-0.52-0.94-0.650.970.55-0.710.29-0.9-0.840.93-0.970.830.94
-0.040.970.980.70.91-0.90.91-0.590.990.38-0.780.980.50.960.57-0.94-0.550.77-0.340.950.89-0.86-0.97-0.86-0.94
0.27-0.81-0.88-0.54-0.840.95-0.710.72-0.82-0.50.45-0.8-0.69-0.73-0.370.710.84-0.840.7-0.92-0.950.620.83-0.860.91
0.08-0.92-0.95-0.64-0.920.91-0.850.63-0.92-0.370.68-0.92-0.68-0.86-0.530.840.68-0.760.48-0.93-0.880.790.94-0.940.91
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Tjk Machinery Account Relationship Matchups

Tjk Machinery fundamental ratios Accounts

201920202021202220232024 (projected)
Other Liab3.5M5.9M8.5M13.2M15.2M8.5M
Net Tangible Assets457.7M818.4M874.4M864.5M994.2M556.5M
Retained Earnings356.2M425.7M476.2M461.6M422.5M354.2M
Other Assets12.7M14.5M28.2M41.7M47.9M50.3M
Other Stockholder Equity11.0M12.9M14.6M16.3M18.8M10.8M
Deferred Long Term Liab440.4K110.8K72.8K34.8K31.3K29.8K
Property Plant Equipment175.4M176.7M198.2M230.8M207.8M164.6M
Total Assets860.1M1.1B1.2B1.2B1.3B1.1B
Other Current Liab98.8M81.3M95.0M91.1M12.1M11.5M
Total Current Liabilities332.8M208.5M215.4M211.4M250.3M225.3M
Total Stockholder Equity520.1M923.7M976.9M964.1M973.4M747.9M
Accounts Payable128.3M102.3M94.7M87.0M112.0M111.5M
Cash152.9M390.1M365.2M360.5M242.1M241.7M
Non Current Assets Total250.5M296.5M328.8M372.1M473.6M349.9M
Non Currrent Assets Other264.2M250.5M12.7M25.1M13.9M13.2M
Net Receivables250.0M209.9M293.5M201.0M266.7M257.9M
Non Current Liabilities Total3.5M5.9M36.2M27.1M26.4M19.4M
Inventory202.9M190.9M246.3M218.5M247.3M210.2M
Other Current Assets3.7M3.5M4.7M6.2M3.1M4.0M
Total Liab336.2M214.3M251.6M238.4M276.7M239.3M
Total Current Assets609.6M846.3M909.8M840.4M792.0M733.4M
Intangible Assets62.4M105.3M102.4M99.6M98.0M89.7M
Net Invested Capital602.8M923.9M1.0B978.0M978.1M875.1M
Net Working Capital276.9M637.8M694.4M629.0M541.7M482.0M

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Other Information on Investing in Tjk Stock

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