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 Net Tangible Assets and its Intangible Assets 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.
Net Tangible Assets vs Intangible Assets
Net Tangible Assets vs Intangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Financial Leasing Net Tangible Assets account and
Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Financial's Net Tangible Assets and Intangible Assets is 0.83. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Intangible Assets 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 Net Tangible Assets and Intangible 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 Net Tangible Assets of Jiangsu Financial Leasing are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Tangible Assets i.e., Jiangsu Financial's Net Tangible Assets and Intangible Assets go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.
Jiangsu Financial fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Financial fundamental ratios Accounts
Currently Active Assets on Macroaxis
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.