Jilin Total Revenue vs Tax Provision Analysis

688378 Stock   21.83  0.19  0.86%   
Jilin OLED financial indicator trend analysis is infinitely more than just investigating Jilin OLED Material recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin OLED Material is a good investment. Please check the relationship between Jilin OLED Total Revenue and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin OLED Material. 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.

Total Revenue vs Tax Provision

Total Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin OLED Material Total Revenue account and Tax Provision. At this time, the significance of the direction appears to have pay attention.
The correlation between Jilin OLED's Total Revenue and Tax Provision is -0.85. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Jilin OLED Material, assuming nothing else is changed. The correlation between historical values of Jilin OLED's Total Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Jilin OLED Material are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Total Revenue i.e., Jilin OLED's Total Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Revenue

Total revenue comprises all receipts Jilin OLED Material generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Jilin OLED's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin OLED Material 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 Jilin OLED Material. 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 Selling General Administrative is expected to grow to about 45.7 M, whereas Tax Provision is projected to grow to (12.8 K).
 2022 2024 2025 (projected)
Interest Expense320.1K1.1M1.3M
Depreciation And Amortization43.7M50.3M52.8M

Jilin OLED fundamental ratios Correlations

-0.62-0.060.891.00.95-0.950.980.80.940.890.470.940.80.980.95-0.460.990.960.96-0.350.850.940.830.980.09
-0.62-0.41-0.73-0.6-0.40.63-0.68-0.4-0.6-0.46-0.43-0.76-0.41-0.72-0.650.04-0.59-0.75-0.770.92-0.49-0.35-0.18-0.550.56
-0.06-0.410.1-0.08-0.270.03-0.01-0.510.07-0.430.610.16-0.550.02-0.10.2-0.030.070.15-0.57-0.48-0.29-0.53-0.19-0.71
0.89-0.730.10.870.84-0.930.930.790.930.820.570.810.680.870.93-0.120.850.970.87-0.510.760.780.680.850.03
1.0-0.6-0.080.870.95-0.940.970.790.930.890.460.940.810.970.95-0.471.00.950.96-0.330.850.940.840.990.1
0.95-0.4-0.270.840.95-0.920.930.870.90.920.360.790.840.890.94-0.420.940.890.83-0.10.870.990.950.950.38
-0.950.630.03-0.93-0.94-0.92-0.95-0.82-0.99-0.89-0.6-0.87-0.75-0.93-0.910.41-0.94-0.96-0.910.38-0.83-0.86-0.78-0.94-0.06
0.98-0.68-0.010.930.970.93-0.950.790.940.870.450.90.80.970.98-0.380.960.980.94-0.40.860.910.80.940.1
0.8-0.4-0.510.790.790.87-0.820.790.760.960.130.620.910.730.84-0.220.750.790.67-0.140.940.820.890.850.4
0.94-0.60.070.930.930.9-0.990.940.760.840.690.870.680.930.89-0.420.930.960.91-0.370.770.850.750.910.04
0.89-0.46-0.430.820.890.92-0.890.870.960.840.230.740.960.850.89-0.420.850.860.79-0.160.980.90.90.930.33
0.47-0.430.610.570.460.36-0.60.450.130.690.230.56-0.030.50.34-0.250.510.550.56-0.440.10.290.110.42-0.4
0.94-0.760.160.810.940.79-0.870.90.620.870.740.560.650.960.84-0.460.950.910.99-0.580.710.780.620.91-0.25
0.8-0.41-0.550.680.810.84-0.750.80.910.680.96-0.030.650.780.84-0.440.760.750.69-0.090.980.850.870.850.39
0.98-0.720.020.870.970.89-0.930.970.730.930.850.50.960.780.93-0.530.970.960.97-0.460.840.870.740.94-0.04
0.95-0.65-0.10.930.950.94-0.910.980.840.890.890.340.840.840.93-0.270.920.960.89-0.350.880.920.840.920.2
-0.460.040.2-0.12-0.47-0.420.41-0.38-0.22-0.42-0.42-0.25-0.46-0.44-0.53-0.27-0.49-0.33-0.42-0.15-0.46-0.47-0.39-0.46-0.05
0.99-0.59-0.030.851.00.94-0.940.960.750.930.850.510.950.760.970.92-0.490.940.96-0.350.810.930.810.980.06
0.96-0.750.070.970.950.89-0.960.980.790.960.860.550.910.750.960.96-0.330.940.95-0.50.820.850.730.93-0.01
0.96-0.770.150.870.960.83-0.910.940.670.910.790.560.990.690.970.89-0.420.960.95-0.570.750.810.660.93-0.18
-0.350.92-0.57-0.51-0.33-0.10.38-0.4-0.14-0.37-0.16-0.44-0.58-0.09-0.46-0.35-0.15-0.35-0.5-0.57-0.18-0.030.12-0.30.79
0.85-0.49-0.480.760.850.87-0.830.860.940.770.980.10.710.980.840.88-0.460.810.820.75-0.180.860.870.880.31
0.94-0.35-0.290.780.940.99-0.860.910.820.850.90.290.780.850.870.92-0.470.930.850.81-0.030.860.950.940.41
0.83-0.18-0.530.680.840.95-0.780.80.890.750.90.110.620.870.740.84-0.390.810.730.660.120.870.950.870.58
0.98-0.55-0.190.850.990.95-0.940.940.850.910.930.420.910.850.940.92-0.460.980.930.93-0.30.880.940.870.14
0.090.56-0.710.030.10.38-0.060.10.40.040.33-0.4-0.250.39-0.040.2-0.050.06-0.01-0.180.790.310.410.580.14
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Jilin OLED Account Relationship Matchups

Jilin OLED fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.0B2.2B2.1B2.2B2.5B1.6B
Short Long Term Debt Total43M21.2M24.6M62.2M56.0M35.7M
Other Current Liab231.3M256.1M178.9M4.3M3.9M3.7M
Total Current Liabilities264.0M353.0M322.5M276.8M318.3M305.0M
Total Stockholder Equity1.6B1.7B1.7B1.8B2.0B1.2B
Property Plant And Equipment Net401.8M644.8M782.7M873.0M1.0B515.9M
Net Debt(153.9M)(302.9M)(755.1M)(570.1M)(513.1M)(487.5M)
Retained Earnings228.6M282.7M275.2M277.5M319.1M198.1M
Accounts Payable32.7M84.4M81.9M119.3M137.2M144.0M
Cash324.1M779.7M632.3M477.2M548.8M392.3M
Non Current Assets Total575.0M844.2M1.1B1.2B1.4B1.5B
Non Currrent Assets Other71.3M211.0M137.5M25.6M29.4M28.0M
Cash And Short Term Investments196.9M1.2B970.8M667.3M767.4M567.1M
Common Stock Shares Outstanding119.5M73.2M143.8M208.1M239.4M251.3M
Liabilities And Stockholders Equity825.0M2.0B2.2B2.1B2.5B1.5B
Non Current Liabilities Total178.1M180.2M156.0M159.1M183.0M145.2M
Inventory190.8M213.0M225.0M238.9M274.8M198.3M
Other Current Assets11.9M22.0M15.5M14.0M12.6M21.0M
Other Stockholder Equity237.3M1.3B1.3B1.3B1.5B769.8M
Total Liab442.2M533.1M478.5M435.9M501.2M450.1M
Total Current Assets1.5B1.3B1.1B964.5M1.1B895.7M
Short Term Debt30.8M43M12.5M61.8M55.6M32.7M
Intangible Assets75.2M87.7M94.8M171.3M197.0M206.8M
Net Receivables62.4M98.0M146.5M211.5M243.3M124.6M
Net Invested Capital1.6B1.7B1.7B1.8B2.1B1.6B
Short Long Term Debt873.0K12.5M61.8M66.7M76.7M40.7M
Net Working Capital1.2B991.5M751.8M687.8M790.9M838.3M

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Other Information on Investing in Jilin Stock

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