Jiangsu Change In Working Capital vs Net Income Analysis

600901 Stock   5.06  0.02  0.40%   
Jiangsu Financial financial indicator trend analysis is infinitely more than just investigating Jiangsu Financial Leasing recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Financial Leasing is a good investment. Please check the relationship between Jiangsu Financial Change In Working Capital and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Financial Leasing. 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.

Change In Working Capital vs Net Income

Change In Working Capital vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Financial Leasing Change In Working Capital account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jiangsu Financial's Change In Working Capital and Net Income is -0.31. Overlapping area represents the amount of variation of Change In Working Capital that can explain the historical movement of Net Income in the same time period over historical financial statements of Jiangsu Financial Leasing, assuming nothing else is changed. The correlation between historical values of Jiangsu Financial's Change In Working Capital and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Working Capital of Jiangsu Financial Leasing are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Working Capital i.e., Jiangsu Financial's Change In Working Capital and Net Income go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Working Capital

The difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jiangsu Financial Leasing financial statement analysis. It represents the amount of money remaining after all of Jiangsu Financial Leasing operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Jiangsu Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Financial Leasing 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 Jiangsu Financial Leasing. 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 Selling General Administrative is expected to grow to about 174.6 M, whereas Tax Provision is forecasted to decline to about 627.5 M.
 2023 2024 (projected)
Operating Income3.4B2.1B
Total Revenue4.8B3.1B

Jiangsu Financial fundamental ratios Correlations

0.980.950.970.810.860.83-0.661.00.850.940.70.970.860.160.29-0.70.970.960.90.90.960.910.840.920.52
0.980.950.970.770.880.81-0.620.980.830.960.640.990.860.120.27-0.790.970.970.960.910.960.890.860.910.5
0.950.950.940.650.760.86-0.760.950.740.950.760.930.810.030.33-0.760.890.870.90.860.860.790.770.80.41
0.970.970.940.750.870.83-0.60.960.80.920.60.980.870.130.35-0.790.950.940.940.90.920.850.810.870.43
0.810.770.650.750.760.63-0.410.810.960.70.490.770.660.170.19-0.480.860.840.650.690.880.930.770.930.61
0.860.880.760.870.760.51-0.230.850.780.770.280.910.740.10.26-0.630.940.910.840.80.940.90.80.910.52
0.830.810.860.830.630.51-0.810.830.720.850.780.780.830.150.39-0.690.710.740.760.840.70.630.690.650.39
-0.66-0.62-0.76-0.6-0.41-0.23-0.81-0.67-0.49-0.72-0.95-0.55-0.58-0.12-0.270.5-0.49-0.52-0.54-0.59-0.48-0.42-0.45-0.44-0.21
1.00.980.950.960.810.850.83-0.670.860.930.710.960.860.170.3-0.680.970.950.890.890.960.910.830.920.52
0.850.830.740.80.960.780.72-0.490.860.790.540.830.720.040.32-0.570.890.850.720.780.910.950.860.950.68
0.940.960.950.920.70.770.85-0.720.930.790.720.950.820.070.28-0.810.90.920.950.910.880.810.890.830.54
0.70.640.760.60.490.280.78-0.950.710.540.720.560.580.170.18-0.380.540.560.510.590.540.510.510.510.35
0.970.990.930.980.770.910.78-0.550.960.830.950.560.850.10.28-0.810.970.980.970.910.950.890.870.910.5
0.860.860.810.870.660.740.83-0.580.860.720.820.580.850.30.39-0.650.820.850.820.960.80.720.730.740.43
0.160.120.030.130.170.10.15-0.120.170.040.070.170.10.30.460.080.110.250.080.190.110.080.00.09-0.04
0.290.270.330.350.190.260.39-0.270.30.320.280.180.280.390.46-0.230.280.270.260.40.260.220.260.220.18
-0.7-0.79-0.76-0.79-0.48-0.63-0.690.5-0.68-0.57-0.81-0.38-0.81-0.650.08-0.23-0.68-0.74-0.9-0.7-0.64-0.54-0.61-0.58-0.09
0.970.970.890.950.860.940.71-0.490.970.890.90.540.970.820.110.28-0.680.970.890.871.00.960.870.970.58
0.960.970.870.940.840.910.74-0.520.950.850.920.560.980.850.250.27-0.740.970.940.890.960.920.870.930.53
0.90.960.90.940.650.840.76-0.540.890.720.950.510.970.820.080.26-0.90.890.940.880.870.780.830.80.39
0.90.910.860.90.690.80.84-0.590.890.780.910.590.910.960.190.4-0.70.870.890.880.860.780.870.80.6
0.960.960.860.920.880.940.7-0.480.960.910.880.540.950.80.110.26-0.641.00.960.870.860.980.890.990.62
0.910.890.790.850.930.90.63-0.420.910.950.810.510.890.720.080.22-0.540.960.920.780.780.980.861.00.67
0.840.860.770.810.770.80.69-0.450.830.860.890.510.870.730.00.26-0.610.870.870.830.870.890.860.870.84
0.920.910.80.870.930.910.65-0.440.920.950.830.510.910.740.090.22-0.580.970.930.80.80.991.00.870.65
0.520.50.410.430.610.520.39-0.210.520.680.540.350.50.43-0.040.18-0.090.580.530.390.60.620.670.840.65
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Jiangsu Financial Account Relationship Matchups

Jiangsu Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets68.4B81.3B99.3B109.0B119.9B66.1B
Total Stockholder Equity12.0B13.0B14.6B16.0B17.8B10.2B
Other Liab4.8B6.9B7.7B7.2B8.2B4.9B
Retained Earnings4.7B5.9B7.0B5.6B6.7B3.9B
Cash3.5M1.1B5.7B5.5B5.8B6.1B
Other Assets682.9M897.8M999.7M1.1B1.2B618.8M
Total Liab56.4B68.3B84.8B93.0B102.1B55.9B
Intangible Assets18.9M36.2M52.0M66.1M79.1M83.1M
Property Plant Equipment480.1M451.2M426.2M530.2M609.7M479.8M
Net Tangible Assets11.0B12.0B13.0B14.5B16.7B10.5B
Deferred Long Term Liab11.9M11.5M11.1M13.6M15.7M11.2M
Other Current Liab1.1B288.6M821.0M895.2M805.7M650.6M
Total Current Liabilities6.7B4.4B10.3B6.0B6.9B7.6B
Accounts Payable662.9M994.2M1.4B1.7B2.8B1.7B
Net Receivables56.8B65.9B78.3B93.6B107.6B70.3B
Other Current Assets1.2B871.2M1.1B1.6B1.8B1.0B
Total Current Assets67.2B79.9B97.7B107.2B123.3B78.5B
Net Debt44.9B54.4B69.4B79.9B88.8B64.4B
Net Invested Capital57.4B68.5B89.6B101.4B112.4B81.7B

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Other Information on Investing in Jiangsu Stock

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