Jonjee Short Term Investments vs Retained Earnings Analysis

600872 Stock   23.53  1.65  7.54%   
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 Short Term Investments and its Retained Earnings 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.

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jonjee Hi tech Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have very week relationship.
The correlation between Jonjee Hi-tech's Short Term Investments and Retained Earnings is 0.24. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings 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 Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Jonjee Hi tech Industrial are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., Jonjee Hi-tech's Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Short Term Investments

Short Term Investments is an item under the current assets section of Jonjee Hi-tech balance sheet. It contains any investments Jonjee Hi tech Industrial undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Jonjee Hi tech can easily liquidate in the marketplace.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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 Selling General Administrative is expected to grow to about 339 M. The current year's Tax Provision is expected to grow to about 81.8 M
 2021 2022 2023 2024 (projected)
Operating Income861.3M669.4M634.0M380.3M
Total Revenue5.1B5.3B5.1B2.6B

Jonjee Hi-tech fundamental ratios Correlations

-0.220.60.950.360.80.640.260.52-0.360.930.140.670.310.570.760.470.33-0.060.740.30.29-0.870.590.840.61
-0.220.3-0.25-0.53-0.430.1-0.090.07-0.27-0.06-0.48-0.05-0.28-0.1-0.57-0.29-0.540.67-0.16-0.67-0.50.25-0.02-0.35-0.24
0.60.30.620.220.560.480.070.27-0.30.570.090.290.270.130.370.12-0.5-0.020.730.130.21-0.720.540.680.58
0.95-0.250.620.290.820.50.170.5-0.360.870.120.420.30.560.710.470.25-0.120.820.380.23-0.840.660.860.63
0.36-0.530.220.290.650.470.180.42-0.270.320.950.320.060.230.76-0.23-0.04-0.790.260.850.98-0.530.250.50.72
0.8-0.430.560.820.650.540.190.51-0.390.770.480.390.250.440.930.240.18-0.580.840.590.63-0.890.620.890.87
0.640.10.480.50.470.540.260.63-0.430.70.340.650.10.390.58-0.240.0-0.010.280.240.5-0.570.260.370.51
0.26-0.090.070.170.180.190.260.18-0.380.310.060.37-0.060.260.320.140.270.02-0.010.080.23-0.12-0.080.00.27
0.520.070.270.50.420.510.630.18-0.840.680.440.26-0.50.820.5-0.240.0-0.190.290.390.41-0.380.410.330.5
-0.36-0.27-0.3-0.36-0.27-0.39-0.43-0.38-0.84-0.56-0.29-0.140.57-0.68-0.350.250.10.1-0.28-0.19-0.250.2-0.46-0.2-0.54
0.93-0.060.570.870.320.770.70.310.68-0.560.150.670.010.750.760.380.3-0.060.680.210.27-0.790.510.730.57
0.14-0.480.090.120.950.480.340.060.44-0.290.150.09-0.160.250.61-0.39-0.16-0.830.080.870.94-0.310.120.310.59
0.67-0.050.290.420.320.390.650.370.26-0.140.670.090.240.310.540.350.410.130.25-0.060.25-0.550.150.440.26
0.31-0.280.270.30.060.250.1-0.06-0.50.570.01-0.160.24-0.550.150.30.130.070.350.020.03-0.430.210.390.2
0.57-0.10.130.560.230.440.390.260.82-0.680.750.250.31-0.550.530.210.32-0.130.250.30.21-0.340.170.340.25
0.76-0.570.370.710.760.930.580.320.5-0.350.760.610.540.150.530.240.34-0.620.630.640.73-0.80.410.770.77
0.47-0.290.120.47-0.230.24-0.240.14-0.240.250.38-0.390.350.30.210.240.560.120.43-0.17-0.32-0.380.120.48-0.1
0.33-0.54-0.50.25-0.040.180.00.270.00.10.3-0.160.410.130.320.340.560.010.01-0.03-0.09-0.09-0.090.1-0.1
-0.060.67-0.02-0.12-0.79-0.58-0.010.02-0.190.1-0.06-0.830.130.07-0.13-0.620.120.01-0.28-0.81-0.80.32-0.15-0.4-0.55
0.74-0.160.730.820.260.840.28-0.010.29-0.280.680.080.250.350.250.630.430.01-0.280.240.2-0.830.80.920.71
0.3-0.670.130.380.850.590.240.080.39-0.190.210.87-0.060.020.30.64-0.17-0.03-0.810.240.84-0.410.20.450.6
0.29-0.50.210.230.980.630.50.230.41-0.250.270.940.250.030.210.73-0.32-0.09-0.80.20.84-0.480.130.410.69
-0.870.25-0.72-0.84-0.53-0.89-0.57-0.12-0.380.2-0.79-0.31-0.55-0.43-0.34-0.8-0.38-0.090.32-0.83-0.41-0.48-0.56-0.92-0.74
0.59-0.020.540.660.250.620.26-0.080.41-0.460.510.120.150.210.170.410.12-0.09-0.150.80.20.13-0.560.70.7
0.84-0.350.680.860.50.890.370.00.33-0.20.730.310.440.390.340.770.480.1-0.40.920.450.41-0.920.70.71
0.61-0.240.580.630.720.870.510.270.5-0.540.570.590.260.20.250.77-0.1-0.1-0.550.710.60.69-0.740.70.71
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Jonjee Hi-tech Account Relationship Matchups

Jonjee Hi-tech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.7B5.9B6.2B6.7B4.3B
Other Current Liab478.9M477.5M627.3M546.6M13.1M12.5M
Total Current Liabilities1.6B1.6B1.5B1.4B1.3B1.2B
Total Stockholder Equity3.9B4.6B3.8B3.0B4.7B2.6B
Other Liab107.6M109.9M132.5M1.3B1.5B1.6B
Retained Earnings3.0B3.7B3.9B2.8B4.2B4.4B
Accounts Payable282.3M391.7M674.3M751.1M543.6M312.5M
Cash698.8M241.7M548.7M628.4M500.4M398.2M
Other Assets366.9M632.0M670.3M652.3M750.1M491.5M
Net Receivables79.3M32.6M29.7M49.7M75.3M143.1M
Inventory1.6B1.7B1.7B1.7B1.6B1.3B
Other Current Assets24.5M41.9M38.4M867.7M1.3B1.4B
Total Liab1.7B1.7B1.7B2.8B1.5B1.5B
Intangible Assets211.5M197.6M192.3M188.5M181.5M107.6M
Property Plant Equipment1.8B1.7B1.9B2.1B2.4B2.5B
Short Term Investments1.2B1.1B779.0M134.0K220.5M306.0M
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 Assets3.5B4.1B3.1B3.2B3.7B3.6B
Non Current Assets Total2.4B2.6B2.8B3.0B3.0B2.8B
Non Currrent Assets Other12.3M39.2M29.3M23.9M8.3M7.8M
Non Current Liabilities Total107.6M109.9M135.0M1.3B181.2M172.1M
Net Invested Capital4.1B5.0B3.8B3.0B4.8B3.3B
Net Working Capital1.9B2.5B1.6B1.8B2.4B1.7B

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.