Jonjee Long Term Investments vs Other Assets Analysis

600872 Stock   20.18  0.15  0.75%   
Jonjee Hi financial indicator trend analysis is infinitely more than just investigating Jonjee Hi tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jonjee Hi tech is a good investment. Please check the relationship between Jonjee Hi Long Term Investments and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jonjee Hi tech Industrial. 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.

Long Term Investments vs Other Assets

Long Term Investments vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jonjee Hi tech Long Term Investments account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jonjee Hi's Long Term Investments and Other Assets is -0.42. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Other Assets in the same time period over historical financial statements of Jonjee Hi tech Industrial, assuming nothing else is changed. The correlation between historical values of Jonjee Hi's Long Term Investments and Other 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 Long Term Investments of Jonjee Hi tech Industrial are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Long Term Investments i.e., Jonjee Hi's Long Term Investments and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.42
Relationship DirectionNegative 
Relationship StrengthVery Weak

Long Term Investments

Long Term Investments is an item on the asset side of Jonjee Hi balance sheet that represents investments Jonjee Hi tech intends to hold for over a year. Jonjee Hi tech Industrial long term investments may include different instruments such as stocks, bonds, real estate and cash.

Other Assets

Most indicators from Jonjee Hi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jonjee Hi tech 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 Jonjee Hi tech Industrial. 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 81.8 M, whereas Selling General Administrative is forecasted to decline to about 339 M.
 2022 2023 2024 2025 (projected)
Operating Income669.4M634.0M729.0M380.3M
Total Revenue5.3B5.1B5.9B6.2B

Jonjee Hi fundamental ratios Correlations

-0.380.640.770.50.790.590.320.58-0.360.940.340.620.340.570.790.370.28-0.090.650.410.43-0.860.560.880.65
-0.380.14-0.61-0.61-0.56-0.27-0.16-0.03-0.11-0.22-0.6-0.07-0.31-0.1-0.61-0.23-0.470.57-0.11-0.6-0.570.32-0.05-0.48-0.32
0.640.140.540.320.580.470.120.34-0.310.610.210.290.30.180.440.09-0.48-0.070.710.260.31-0.750.550.710.62
0.77-0.610.540.70.980.640.160.49-0.420.730.630.280.220.450.910.270.16-0.640.760.670.66-0.830.590.910.81
0.5-0.610.320.70.740.770.250.47-0.380.450.960.330.120.220.77-0.25-0.05-0.690.210.780.98-0.570.260.610.74
0.79-0.560.580.980.740.760.230.53-0.460.760.640.350.260.420.940.160.14-0.60.740.640.72-0.870.590.890.88
0.59-0.270.470.640.770.760.250.63-0.480.660.670.540.080.370.81-0.28-0.02-0.470.370.530.81-0.650.30.550.72
0.32-0.160.120.160.250.230.250.23-0.390.350.140.38-0.030.290.370.120.26-0.010.00.170.29-0.17-0.060.090.31
0.58-0.030.340.490.470.530.630.23-0.830.730.470.28-0.440.80.53-0.25-0.01-0.160.260.380.46-0.420.410.420.53
-0.36-0.11-0.31-0.42-0.38-0.46-0.48-0.39-0.83-0.55-0.39-0.130.54-0.66-0.440.260.110.22-0.3-0.27-0.370.25-0.47-0.28-0.61
0.94-0.220.610.730.450.760.660.350.73-0.550.320.640.070.760.80.310.26-0.110.630.360.4-0.810.510.780.62
0.34-0.60.210.630.960.640.670.140.47-0.390.320.1-0.060.240.65-0.36-0.15-0.740.070.810.95-0.390.150.490.63
0.62-0.070.290.280.330.350.540.380.28-0.130.640.10.250.360.560.340.410.070.270.060.28-0.560.160.420.28
0.34-0.310.30.220.120.260.08-0.03-0.440.540.07-0.060.25-0.520.190.280.130.050.350.080.09-0.450.220.410.24
0.57-0.10.180.450.220.420.370.290.8-0.660.760.240.36-0.520.520.210.32-0.120.240.30.2-0.340.170.370.25
0.79-0.610.440.910.770.940.810.370.53-0.440.80.650.560.190.520.210.32-0.580.590.620.75-0.810.410.80.78
0.37-0.230.090.27-0.250.16-0.280.12-0.250.260.31-0.360.340.280.210.210.570.10.44-0.15-0.33-0.350.110.38-0.11
0.28-0.47-0.480.16-0.050.14-0.020.26-0.010.110.26-0.150.410.130.320.320.570.010.02-0.03-0.1-0.08-0.090.08-0.11
-0.090.57-0.07-0.64-0.69-0.6-0.47-0.01-0.160.22-0.11-0.740.070.05-0.12-0.580.10.01-0.29-0.81-0.720.29-0.14-0.41-0.51
0.65-0.110.710.760.210.740.370.00.26-0.30.630.070.270.350.240.590.440.02-0.290.240.16-0.790.790.810.67
0.41-0.60.260.670.780.640.530.170.38-0.270.360.810.060.080.30.62-0.15-0.03-0.810.240.79-0.40.20.570.58
0.43-0.570.310.660.980.720.810.290.46-0.370.40.950.280.090.20.75-0.33-0.1-0.720.160.79-0.520.150.530.72
-0.860.32-0.75-0.83-0.57-0.87-0.65-0.17-0.420.25-0.81-0.39-0.56-0.45-0.34-0.81-0.35-0.080.29-0.79-0.4-0.52-0.56-0.91-0.75
0.56-0.050.550.590.260.590.3-0.060.41-0.470.510.150.160.220.170.410.11-0.09-0.140.790.20.15-0.560.670.69
0.88-0.480.710.910.610.890.550.090.42-0.280.780.490.420.410.370.80.380.08-0.410.810.570.53-0.910.670.75
0.65-0.320.620.810.740.880.720.310.53-0.610.620.630.280.240.250.78-0.11-0.11-0.510.670.580.72-0.750.690.75
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Jonjee Hi Account Relationship Matchups

Jonjee Hi fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.7B5.9B6.2B6.7B7.7B4.3B
Other Current Liab477.5M627.3M546.6M13.1M15.1M14.3M
Total Current Liabilities1.6B1.5B1.4B1.3B1.5B1.2B
Total Stockholder Equity4.6B3.8B3.0B4.7B5.4B5.7B
Other Liab107.6M109.9M132.5M1.3B1.5B1.6B
Retained Earnings3.7B3.9B2.8B4.2B4.8B5.1B
Accounts Payable391.7M674.3M751.1M543.6M625.2M656.4M
Cash241.7M548.7M628.4M500.4M575.5M398.2M
Other Assets366.9M632.0M670.3M652.3M750.1M491.5M
Net Receivables32.6M29.7M49.7M75.3M67.7M64.4M
Inventory1.7B1.7B1.7B1.6B1.9B1.3B
Other Current Assets41.9M38.4M867.7M1.3B1.5B1.6B
Total Liab1.7B1.7B2.8B1.5B1.7B1.5B
Intangible Assets197.6M192.3M188.5M181.5M208.8M107.6M
Property Plant Equipment1.8B1.7B1.9B2.1B2.4B2.5B
Short Term Investments1.1B779.0M134.0K220.5M253.6M306.0M
Net Tangible Assets3.7B4.4B3.6B2.8B3.2B3.6B
Other Stockholder Equity16.4M16.4M16.4M16.7M19.2M18.1M
Deferred Long Term Liab12.9M9.6M18.3M30.0M34.5M36.2M
Short Long Term Debt2.2M112.7M360.2M100M115M99.0M
Total Current Assets4.1B3.1B3.2B3.7B4.3B3.6B
Non Current Assets Total2.6B2.8B3.0B3.0B3.4B2.8B
Non Currrent Assets Other39.2M29.3M23.9M8.3M7.4M7.1M
Non Current Liabilities Total109.9M135.0M1.3B181.2M163.1M154.9M
Net Invested Capital5.0B3.8B3.0B4.8B4.3B3.3B
Net Working Capital2.5B1.6B1.8B2.4B2.2B1.7B
Property Plant And Equipment Net1.7B1.9B2.1B2.1B2.5B2.1B
Property Plant And Equipment Gross2.5B2.8B3.2B3.4B3.9B3.2B

Currently Active Assets on Macroaxis

Other Information on Investing in Jonjee Stock

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