Jonjee Other Assets vs Good Will Analysis

600872 Stock   20.58  0.14  0.68%   
Jonjee Hi-tech 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-tech Other Assets and its Good Will 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.

Other Assets vs Good Will

Other Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jonjee Hi tech Other Assets account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Jonjee Hi-tech's Other Assets and Good Will is -0.16. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Good Will 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-tech's Other Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Jonjee Hi tech Industrial are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Assets i.e., Jonjee Hi-tech's Other Assets and Good Will go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Jonjee Hi-tech'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-tech 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-tech Account Relationship Matchups

Jonjee Hi-tech 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-tech Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jonjee Hi-tech 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.