Jinduicheng Intangible Assets vs Common Stock Analysis

601958 Stock   10.21  0.17  1.69%   
Jinduicheng Molybdenum financial indicator trend analysis is infinitely more than just investigating Jinduicheng Molybdenum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinduicheng Molybdenum is a good investment. Please check the relationship between Jinduicheng Molybdenum Intangible Assets and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinduicheng Molybdenum Co. 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.

Intangible Assets vs Common Stock

Intangible Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinduicheng Molybdenum Intangible Assets account and Common Stock. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jinduicheng Molybdenum's Intangible Assets and Common Stock is 0.54. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Jinduicheng Molybdenum Co, assuming nothing else is changed. The correlation between historical values of Jinduicheng Molybdenum's Intangible Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Jinduicheng Molybdenum Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Intangible Assets i.e., Jinduicheng Molybdenum's Intangible Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Common Stock

Most indicators from Jinduicheng Molybdenum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinduicheng Molybdenum 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 Jinduicheng Molybdenum Co. 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 741.4 M, whereas Selling General Administrative is forecasted to decline to about 99.4 M.
 2022 2023 2024 2025 (projected)
Income Before Tax1.9B4.1B3.7B3.9B
Cost Of Revenue6.2B6.0B6.9B6.7B

Jinduicheng Molybdenum fundamental ratios Correlations

-0.690.080.980.460.820.180.680.470.020.040.510.310.570.840.90.940.23-0.23-0.190.49-0.38-0.350.42-0.35-0.3
-0.690.42-0.72-0.54-0.610.17-0.77-0.60.060.15-0.340.0-0.63-0.72-0.67-0.750.070.490.71-0.550.640.550.010.550.35
0.080.42-0.070.220.28-0.13-0.03-0.12-0.11-0.170.260.770.010.030.08-0.070.530.10.35-0.090.240.250.330.25-0.09
0.98-0.72-0.070.370.730.290.640.40.040.120.480.130.530.810.870.960.11-0.24-0.180.47-0.38-0.350.37-0.35-0.29
0.46-0.540.220.370.83-0.650.710.56-0.19-0.550.170.50.850.660.550.420.14-0.35-0.70.59-0.7-0.64-0.16-0.64-0.11
0.82-0.610.280.730.83-0.330.790.64-0.15-0.330.410.560.810.810.810.730.27-0.29-0.440.65-0.61-0.570.21-0.57-0.22
0.180.17-0.130.29-0.65-0.33-0.4-0.390.340.690.0-0.32-0.49-0.060.040.180.050.380.69-0.470.610.560.320.560.13
0.68-0.77-0.030.640.710.79-0.40.5-0.41-0.530.660.220.80.620.760.7-0.06-0.66-0.630.83-0.82-0.750.17-0.75-0.63
0.47-0.6-0.120.40.560.64-0.390.50.13-0.12-0.050.490.430.630.390.420.48-0.08-0.570.28-0.37-0.25-0.07-0.25-0.02
0.020.06-0.110.04-0.19-0.150.34-0.410.130.7-0.580.16-0.490.27-0.130.020.370.670.13-0.560.440.44-0.230.440.44
0.040.15-0.170.12-0.55-0.330.69-0.53-0.120.7-0.45-0.12-0.610.11-0.270.130.330.420.42-0.690.670.65-0.170.650.31
0.51-0.340.260.480.170.410.00.66-0.05-0.58-0.450.120.390.120.650.46-0.13-0.57-0.040.63-0.42-0.390.7-0.39-0.81
0.310.00.770.130.50.56-0.320.220.490.16-0.120.120.140.430.250.170.810.1-0.05-0.030.070.160.170.16-0.09
0.57-0.630.010.530.850.81-0.490.80.43-0.49-0.610.390.140.540.70.54-0.21-0.53-0.640.84-0.86-0.820.04-0.82-0.23
0.84-0.720.030.810.660.81-0.060.620.630.270.110.120.430.540.660.850.39-0.16-0.470.31-0.38-0.32-0.08-0.32-0.09
0.9-0.670.080.870.550.810.040.760.39-0.13-0.270.650.250.70.660.79-0.02-0.26-0.280.7-0.58-0.540.54-0.54-0.39
0.94-0.75-0.070.960.420.730.180.70.420.020.130.460.170.540.850.790.17-0.41-0.30.45-0.4-0.360.23-0.36-0.42
0.230.070.530.110.140.270.05-0.060.480.370.33-0.130.81-0.210.39-0.020.170.20.13-0.450.440.520.010.520.04
-0.230.490.1-0.24-0.35-0.290.38-0.66-0.080.670.42-0.570.1-0.53-0.16-0.26-0.410.20.55-0.540.580.510.030.510.77
-0.190.710.35-0.18-0.7-0.440.69-0.63-0.570.130.42-0.04-0.05-0.64-0.47-0.28-0.30.130.55-0.520.770.670.440.670.25
0.49-0.55-0.090.470.590.65-0.470.830.28-0.56-0.690.63-0.030.840.310.70.45-0.45-0.54-0.52-0.93-0.920.28-0.92-0.46
-0.380.640.24-0.38-0.7-0.610.61-0.82-0.370.440.67-0.420.07-0.86-0.38-0.58-0.40.440.580.77-0.930.980.030.980.37
-0.350.550.25-0.35-0.64-0.570.56-0.75-0.250.440.65-0.390.16-0.82-0.32-0.54-0.360.520.510.67-0.920.980.021.00.3
0.420.010.330.37-0.160.210.320.17-0.07-0.23-0.170.70.170.04-0.080.540.230.010.030.440.280.030.020.02-0.37
-0.350.550.25-0.35-0.64-0.570.56-0.75-0.250.440.65-0.390.16-0.82-0.32-0.54-0.360.520.510.67-0.920.981.00.020.3
-0.30.35-0.09-0.29-0.11-0.220.13-0.63-0.020.440.31-0.81-0.09-0.23-0.09-0.39-0.420.040.770.25-0.460.370.3-0.370.3
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Jinduicheng Molybdenum Account Relationship Matchups

Jinduicheng Molybdenum fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets14.3B14.5B15.8B18.3B21.0B15.7B
Other Current Liab111.8M142.9M560.2M11.7M10.5M10.0M
Total Current Liabilities864.9M1.2B1.5B1.4B1.6B1.4B
Total Stockholder Equity12.3B12.0B13.2B15.3B17.6B13.2B
Other Liab680.2M671.9M652.9M561.8M646.1M459.1M
Accounts Payable647.6M759.7M809.9M840.6M966.7M622.1M
Cash2.5B1.7B3.0B3.8B3.4B3.4B
Other Assets1.2B1.1B1.2B1.4B1.6B1.7B
Net Receivables302.6M263.9M140.1M97.5M87.7M83.3M
Inventory511.2M819.8M504.3M423.6M381.2M650.3M
Other Current Assets62.2M186.1M1.3B2.8B3.2B3.4B
Total Liab1.5B1.9B2.1B2.1B2.4B2.1B
Intangible Assets2.1B2.2B2.1B2.2B2.5B1.5B
Property Plant Equipment5.9B5.9B5.5B5.3B6.1B5.2B
Retained Earnings2.3B2.0B3.0B3.8B4.4B2.8B
Net Tangible Assets10.9B10.2B9.9B11.1B10.0B8.8B
Other Stockholder Equity84.4M28.4M92.0M192.9M173.6M96.6M
Deferred Long Term Liab823.9M770.9M901.6M1.0B1.2B839.9M
Total Current Assets4.1B4.5B6.0B8.4B9.7B6.4B
Non Current Assets Total10.2B10.0B9.8B9.9B8.9B8.0B
Non Currrent Assets Other51.9M65.4M72.0M83.6M75.3M67.6M
Non Current Liabilities Total671.9M695.1M655.6M680.5M612.4M758.5M
Non Current Liabilities Other415.9M418.3M340.2M455.2M523.5M401.2M
Net Invested Capital12.3B12.0B13.2B15.3B17.6B14.7B
Net Working Capital3.3B3.3B4.6B7.0B8.1B5.0B
Property Plant And Equipment Net5.9B5.5B5.3B5.0B4.5B4.4B
Property Plant And Equipment Gross10.1B10.3B5.3B5.0B4.5B6.5B

Currently Active Assets on Macroaxis

Other Information on Investing in Jinduicheng Stock

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