Jiangsu Net Receivables vs Non Currrent Assets Other Analysis

688670 Stock   11.32  0.52  4.39%   
Jiangsu GDK financial indicator trend analysis is infinitely more than just investigating Jiangsu GDK Biotechnology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu GDK Biotechnology is a good investment. Please check the relationship between Jiangsu GDK Net Receivables and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu GDK Biotechnology. 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.

Net Receivables vs Non Currrent Assets Other

Net Receivables vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu GDK Biotechnology Net Receivables account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangsu GDK's Net Receivables and Non Currrent Assets Other is 0.57. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Jiangsu GDK Biotechnology, assuming nothing else is changed. The correlation between historical values of Jiangsu GDK's Net Receivables and Non Currrent Assets Other 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 Receivables of Jiangsu GDK Biotechnology are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Net Receivables i.e., Jiangsu GDK's Net Receivables and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Jiangsu GDK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu GDK Biotechnology 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 GDK Biotechnology. 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 109.4 M, whereas Tax Provision is projected to grow to (13.3 M).
 2022 2024 2025 (projected)
Interest Expense1.3M2.2M2.1M
Depreciation And Amortization29.8M34.2M31.6M

Jiangsu GDK fundamental ratios Correlations

0.06-0.84-0.630.950.94-0.690.920.890.810.950.450.950.870.840.58-0.50.980.060.910.990.880.60.830.99-0.07
0.06-0.220.560.03-0.110.520.34-0.20.37-0.12-0.130.02-0.030.510.040.60.181.00.170.10.080.5-0.10.10.98
-0.84-0.220.65-0.82-0.770.49-0.9-0.75-0.71-0.76-0.37-0.81-0.74-0.65-0.520.56-0.84-0.22-0.66-0.86-0.76-0.6-0.69-0.86-0.15
-0.630.560.65-0.68-0.730.82-0.46-0.75-0.23-0.73-0.35-0.68-0.54-0.13-0.580.98-0.520.56-0.46-0.64-0.640.02-0.59-0.640.6
0.950.03-0.82-0.680.89-0.770.910.860.750.910.391.00.840.780.72-0.580.920.030.870.940.850.480.830.97-0.12
0.94-0.11-0.77-0.730.89-0.830.770.980.751.00.190.870.710.660.68-0.650.84-0.110.90.940.940.330.650.93-0.21
-0.690.520.490.82-0.77-0.83-0.48-0.87-0.47-0.83-0.08-0.75-0.55-0.3-0.680.79-0.560.52-0.64-0.67-0.70.04-0.55-0.70.61
0.920.34-0.9-0.460.910.77-0.480.720.840.780.470.910.880.890.49-0.320.970.340.790.910.740.770.830.940.2
0.89-0.2-0.75-0.750.860.98-0.870.720.750.970.120.830.690.580.64-0.680.78-0.20.830.890.890.290.620.88-0.29
0.810.37-0.71-0.230.750.75-0.470.840.750.740.070.710.720.850.36-0.090.820.370.750.790.670.710.580.810.25
0.95-0.12-0.76-0.730.911.0-0.830.780.970.740.250.90.730.690.68-0.640.86-0.120.920.960.940.350.690.94-0.23
0.45-0.13-0.37-0.350.390.19-0.080.470.120.070.250.460.70.38-0.13-0.220.55-0.130.210.40.10.570.790.42-0.22
0.950.02-0.81-0.681.00.87-0.750.910.830.710.90.460.850.790.7-0.570.930.020.870.940.830.50.860.97-0.13
0.87-0.03-0.74-0.540.840.71-0.550.880.690.720.730.70.850.750.23-0.370.92-0.030.650.810.540.770.980.86-0.18
0.840.51-0.65-0.130.780.66-0.30.890.580.850.690.380.790.750.390.020.90.510.830.820.670.780.690.840.35
0.580.04-0.52-0.580.720.68-0.680.490.640.360.68-0.130.70.230.39-0.610.470.040.710.630.81-0.150.270.64-0.04
-0.50.60.560.98-0.58-0.650.79-0.32-0.68-0.09-0.64-0.22-0.57-0.370.02-0.61-0.370.6-0.38-0.53-0.590.2-0.43-0.520.61
0.980.18-0.84-0.520.920.84-0.560.970.780.820.860.550.930.920.90.47-0.370.180.860.960.780.740.880.970.04
0.061.0-0.220.560.03-0.110.520.34-0.20.37-0.12-0.130.02-0.030.510.040.60.180.170.10.080.5-0.10.10.98
0.910.17-0.66-0.460.870.9-0.640.790.830.750.920.210.870.650.830.71-0.380.860.170.930.930.40.610.920.04
0.990.1-0.86-0.640.940.94-0.670.910.890.790.960.40.940.810.820.63-0.530.960.10.930.920.550.780.99-0.02
0.880.08-0.76-0.640.850.94-0.70.740.890.670.940.10.830.540.670.81-0.590.780.080.930.920.240.50.89-0.01
0.60.5-0.60.020.480.330.040.770.290.710.350.570.50.770.78-0.150.20.740.50.40.550.240.680.580.4
0.83-0.1-0.69-0.590.830.65-0.550.830.620.580.690.790.860.980.690.27-0.430.88-0.10.610.780.50.680.82-0.25
0.990.1-0.86-0.640.970.93-0.70.940.880.810.940.420.970.860.840.64-0.520.970.10.920.990.890.580.82-0.03
-0.070.98-0.150.6-0.12-0.210.610.2-0.290.25-0.23-0.22-0.13-0.180.35-0.040.610.040.980.04-0.02-0.010.4-0.25-0.03
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Jiangsu GDK Account Relationship Matchups

Jiangsu GDK fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets778.0M1.8B1.8B1.6B1.9B1.1B
Short Long Term Debt Total56.9M296.7M10.0M42.0M48.3M85.4M
Other Current Liab405.6M187.2M153.2M161.5M145.4M199.2M
Total Current Liabilities509.1M221.7M302.5M227.3M204.6M282.6M
Total Stockholder Equity242.5M1.5B1.5B1.4B1.6B1.7B
Property Plant And Equipment Net193.1M523.9M785.9M794.9M914.2M458.8M
Net Debt49.4M208.7M(26.7M)(132.7M)(119.4M)(113.4M)
Retained Earnings126.2M200.4M193.8M105.2M121.0M127.1M
Accounts Payable25.1M58.5M98.9M86.7M99.7M58.1M
Cash88.0M36.7M174.7M70.4M81.0M59.9M
Non Current Assets Total255.2M684.8M875.8M909.4M1.0B567.3M
Non Currrent Assets Other5.8M81.2M5.5M3.4M3.9M3.7M
Cash And Short Term Investments16.7M128.0M694.0M565.3M650.1M682.6M
Liabilities And Stockholders Equity397.3M778.0M1.8B1.8B2.1B2.2B
Non Current Liabilities Total26.4M71.4M64.6M33.2M38.2M39.2M
Inventory33.3M28.0M32.0M22.0M25.3M21.6M
Total Liab535.5M293.1M367.1M260.5M234.5M311.1M
Total Current Assets522.8M1.1B951.0M722.2M830.6M532.3M
Short Term Debt56.9M296.7M10.0M42.0M48.3M85.4M
Intangible Assets49.5M57.9M66.6M77.5M89.1M58.5M
Common Stock Shares Outstanding65.9M75.0M88.4M123.2M141.7M83.0M
Net Receivables355.0M342.8M341.1M81.2M93.4M88.7M
Short Term Investments40M657.3M390.6M175.4M201.7M279.9M
Net Invested Capital539.3M1.5B1.5B1.4B1.7B1.1B
Short Long Term Debt296.7M10.0M42.0M64.1M57.7M75.2M
Net Working Capital13.7M848.0M648.5M494.9M569.1M354.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

Balance Sheet is a snapshot of the financial position of Jiangsu GDK Biotechnology at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu GDK Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu GDK 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.