Jinyu Inventory vs Short Term Investments Analysis

600201 Stock   6.53  0.24  3.55%   
Jinyu Bio financial indicator trend analysis is infinitely more than just investigating Jinyu Bio Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinyu Bio Technology is a good investment. Please check the relationship between Jinyu Bio Inventory and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinyu Bio Technology Co. 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.

Inventory vs Short Term Investments

Inventory vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinyu Bio Technology Inventory account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jinyu Bio's Inventory and Short Term Investments is -0.15. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Jinyu Bio Technology Co, assuming nothing else is changed. The correlation between historical values of Jinyu Bio's Inventory and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Jinyu Bio Technology Co are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Inventory i.e., Jinyu Bio's Inventory and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory

Short Term Investments

Short Term Investments is an item under the current assets section of Jinyu Bio balance sheet. It contains any investments Jinyu Bio Technology Co undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Jinyu Bio Technology can easily liquidate in the marketplace.
Most indicators from Jinyu Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinyu Bio Technology 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 Jinyu Bio Technology Co. 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.
The current year's Tax Provision is expected to grow to about 62.3 M, whereas Selling General Administrative is forecasted to decline to about 230.1 M.
 2022 2023 2024 2025 (projected)
Operating Income297.7M324.8M373.5M316.5M
Total Revenue1.5B1.6B1.8B1.0B

Jinyu Bio fundamental ratios Correlations

-0.280.611.00.90.980.970.780.960.370.97-0.14-0.340.780.970.980.94-0.880.970.910.930.850.87-0.7-0.020.81
-0.280.16-0.3-0.34-0.27-0.3-0.24-0.3-0.06-0.360.440.280.03-0.41-0.28-0.320.13-0.24-0.4-0.19-0.17-0.310.00.41-0.28
0.610.160.580.450.530.470.550.550.050.60.32-0.030.920.480.580.43-0.630.620.430.650.70.47-0.570.260.44
1.0-0.30.580.890.990.970.80.950.340.97-0.21-0.390.750.960.980.93-0.880.970.890.930.860.86-0.710.00.79
0.9-0.340.450.890.90.90.560.940.580.88-0.03-0.20.70.960.870.93-0.780.870.990.810.620.93-0.46-0.350.95
0.98-0.270.530.990.90.990.750.960.360.96-0.23-0.410.730.960.980.95-0.890.950.90.920.80.88-0.69-0.020.82
0.97-0.30.470.970.90.990.690.950.380.95-0.26-0.460.690.970.970.96-0.880.940.910.910.760.9-0.69-0.040.83
0.78-0.240.550.80.560.750.690.62-0.120.71-0.34-0.460.590.660.710.55-0.570.740.530.680.90.44-0.530.130.43
0.96-0.30.550.950.940.960.950.620.520.96-0.11-0.280.750.980.960.96-0.920.940.960.920.740.93-0.7-0.080.87
0.37-0.060.050.340.580.360.38-0.120.520.390.250.240.280.490.370.53-0.410.370.60.370.040.59-0.17-0.340.6
0.97-0.360.60.970.880.960.950.710.960.39-0.19-0.310.750.960.970.94-0.890.930.910.90.80.88-0.7-0.040.79
-0.140.440.32-0.21-0.03-0.23-0.26-0.34-0.110.25-0.190.740.18-0.16-0.17-0.130.16-0.19-0.07-0.19-0.24-0.080.19-0.15-0.05
-0.340.28-0.03-0.39-0.2-0.41-0.46-0.46-0.280.24-0.310.74-0.2-0.34-0.37-0.270.43-0.45-0.21-0.48-0.49-0.290.42-0.32-0.27
0.780.030.920.750.70.730.690.590.750.280.750.18-0.20.710.750.67-0.790.820.670.840.740.75-0.60.090.74
0.97-0.410.480.960.960.960.970.660.980.490.96-0.16-0.340.710.960.97-0.860.950.970.90.750.94-0.62-0.170.88
0.98-0.280.580.980.870.980.970.710.960.370.97-0.17-0.370.750.960.95-0.910.950.890.940.810.88-0.760.060.79
0.94-0.320.430.930.930.950.960.550.960.530.94-0.13-0.270.670.970.95-0.850.90.950.870.640.95-0.63-0.150.87
-0.880.13-0.63-0.88-0.78-0.89-0.88-0.57-0.92-0.41-0.890.160.43-0.79-0.86-0.91-0.85-0.92-0.81-0.95-0.78-0.850.86-0.24-0.76
0.97-0.240.620.970.870.950.940.740.940.370.93-0.19-0.450.820.950.950.9-0.920.880.980.870.9-0.730.050.84
0.91-0.40.430.890.990.90.910.530.960.60.91-0.07-0.210.670.970.890.95-0.810.880.830.610.95-0.52-0.320.93
0.93-0.190.650.930.810.920.910.680.920.370.9-0.19-0.480.840.90.940.87-0.950.980.830.850.89-0.790.170.81
0.85-0.170.70.860.620.80.760.90.740.040.8-0.24-0.490.740.750.810.64-0.780.870.610.850.58-0.780.330.52
0.87-0.310.470.860.930.880.90.440.930.590.88-0.08-0.290.750.940.880.95-0.850.90.950.890.58-0.53-0.230.96
-0.70.0-0.57-0.71-0.46-0.69-0.69-0.53-0.7-0.17-0.70.190.42-0.6-0.62-0.76-0.630.86-0.73-0.52-0.79-0.78-0.53-0.64-0.39
-0.020.410.260.0-0.35-0.02-0.040.13-0.08-0.34-0.04-0.15-0.320.09-0.170.06-0.15-0.240.05-0.320.170.33-0.23-0.64-0.36
0.81-0.280.440.790.950.820.830.430.870.60.79-0.05-0.270.740.880.790.87-0.760.840.930.810.520.96-0.39-0.36
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Jinyu Bio Account Relationship Matchups

Jinyu Bio fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.3B6.6B6.4B6.9B7.9B8.3B
Other Current Liab269.2M238.7M194.4M63.6M73.1M69.5M
Total Current Liabilities679.5M689.2M658.7M840.4M966.5M604.9M
Total Stockholder Equity5.0B5.3B5.1B5.4B6.2B6.5B
Other Liab153.7M335.8M354.4M380.6M437.7M459.6M
Retained Earnings3.1B3.4B3.5B3.2B3.6B3.8B
Accounts Payable330.3M347.1M354.4M324.4M373.1M391.7M
Cash1.5B1.3B1.4B1.7B2.0B2.1B
Other Assets473.1M447.9M483.2M513.8M590.9M620.5M
Net Receivables605.6M729.1M763.3M857.5M986.1M1.0B
Inventory350.7M317.7M333.5M322.3M370.6M388.8M
Other Current Assets16.1M19.4M19.8M23.9M21.5M35.7M
Total Liab1.0B1.0B1.0B1.2B1.4B720.8M
Intangible Assets576.7M648.5M668.5M728.8M838.2M880.1M
Property Plant Equipment1.6B1.7B1.8B1.8B2.1B2.2B
Net Tangible Assets4.2B4.5B4.8B4.7B5.4B4.4B
Deferred Long Term Liab186.6M238.7M260.2M322.5M370.9M389.5M
Total Current Assets3.2B2.8B2.7B3.0B3.5B3.3B
Non Current Assets Total3.1B3.8B3.7B3.9B4.4B3.1B
Non Currrent Assets Other160.8M784.6M711.5M621.2M714.4M511.3M
Short Term Investments639.5M183.9M46.9M37.3M33.5M31.9M
Non Current Liabilities Total335.8M354.5M380.9M377.2M433.8M275.3M
Other Stockholder Equity133.8K(196.7K)(232.7K)(410.1K)(369.1K)(350.6K)
Net Invested Capital5.0B5.3B5.1B5.4B6.2B5.5B
Net Working Capital2.5B2.1B2.0B2.2B2.0B1.9B
Good Will134.3M94.5M29.5M11.4M10.3M9.8M
Property Plant And Equipment Net1.7B1.8B1.8B1.9B2.2B2.0B
Property Plant And Equipment Gross2.4B2.6B1.8B2.9B3.4B2.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Jinyu Stock

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