Jiangsu Free Cash Flow vs Depreciation Analysis

600901 Stock   5.11  0.05  0.99%   
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 Free Cash Flow and its Depreciation 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.

Free Cash Flow vs Depreciation

Free Cash Flow vs Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Financial Leasing Free Cash Flow account and Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Jiangsu Financial's Free Cash Flow and Depreciation is 0.13. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Depreciation 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 Free Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Jiangsu Financial Leasing are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Free Cash Flow i.e., Jiangsu Financial's Free Cash Flow and Depreciation go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Depreciation

Depreciation indicates how much of Jiangsu Financial Leasing value has been used up. For tax purposes Jiangsu Financial can deduct the cost of the tangible assets it purchases as business expenses. However, Jiangsu Financial Leasing must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
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.