Jiahe Net Income vs Capital Expenditures Analysis
| 605300 Stock | 16.01 1.46 10.03% |
Jiahe Foods financial indicator trend analysis is infinitely more than just investigating Jiahe Foods Industry recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiahe Foods Industry is a good investment. Please check the relationship between Jiahe Foods Net Income and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiahe Foods Industry. 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 Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiahe Foods Industry Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiahe Foods' Net Income and Capital Expenditures is 0.56. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Jiahe Foods Industry, assuming nothing else is changed. The correlation between historical values of Jiahe Foods' Net Income and Capital Expenditures 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 Income of Jiahe Foods Industry are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Jiahe Foods' Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Jiahe Foods Industry financial statement analysis. It represents the amount of money remaining after all of Jiahe Foods Industry operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Capital Expenditures
Capital Expenditures are funds used by Jiahe Foods Industry to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Jiahe Foods operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Jiahe Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiahe Foods Industry 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 Jiahe Foods Industry. 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. As of November 30, 2024, Tax Provision is expected to decline to about 53 M. In addition to that, Selling General Administrative is expected to decline to about 81.4 M
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 770.2K | 3.4M | 10.7M | 11.3M | Interest Income | 5.3M | 5.8M | 15.9M | 16.7M |
Jiahe Foods fundamental ratios Correlations
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Jiahe Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Jiahe Stock
Balance Sheet is a snapshot of the financial position of Jiahe Foods Industry at a specified time, usually calculated after every quarter, six months, or one year. Jiahe Foods Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiahe Foods 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 Jiahe currently owns. An asset can also be divided into two categories, current and non-current.