Zoomlion Net Income From Continuing Ops vs Other Operating Expenses Analysis

000157 Stock   6.91  0.10  1.43%   
Zoomlion Heavy financial indicator trend analysis is more than just analyzing Zoomlion Heavy Industry current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zoomlion Heavy Industry is a good investment. Please check the relationship between Zoomlion Heavy Net Income From Continuing Ops and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zoomlion Heavy 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 nation.

Net Income From Continuing Ops vs Other Operating Expenses

Net Income From Continuing Ops vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zoomlion Heavy Industry Net Income From Continuing Ops account and Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between Zoomlion Heavy's Net Income From Continuing Ops and Other Operating Expenses is 0.0. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Zoomlion Heavy Industry, assuming nothing else is changed. The correlation between historical values of Zoomlion Heavy's Net Income From Continuing Ops and Other Operating Expenses 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 From Continuing Ops of Zoomlion Heavy Industry are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income From Continuing Ops i.e., Zoomlion Heavy's Net Income From Continuing Ops and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Net Income From Continuing Ops

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Zoomlion Heavy Industry. It is also known as Zoomlion Heavy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Zoomlion Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zoomlion Heavy 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 Zoomlion Heavy 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 nation.
The current year's Tax Provision is expected to grow to about 563.8 M, whereas Selling General Administrative is forecasted to decline to about 3 B.
 2023 2024 (projected)
Discontinued Operations679.9M604.4M
Research Development3.4B3.6B

Zoomlion Heavy fundamental ratios Correlations

0.670.790.990.550.970.840.540.580.640.60.250.990.910.780.750.440.90.290.58-0.48-0.470.57-0.110.22-0.1
0.670.640.730.460.710.70.740.810.40.36-0.050.610.650.560.41-0.090.490.130.46-0.14-0.350.28-0.320.47-0.13
0.790.640.770.860.760.770.410.570.370.840.370.780.650.860.880.090.770.340.66-0.63-0.650.65-0.220.460.15
0.990.730.770.540.960.820.620.610.630.560.250.960.930.780.730.360.880.240.6-0.42-0.410.51-0.120.26-0.15
0.550.460.860.540.530.710.150.470.020.820.470.530.330.630.79-0.180.520.150.84-0.68-0.780.67-0.40.55-0.05
0.970.710.760.960.530.880.510.570.710.530.190.960.880.720.710.410.810.30.55-0.47-0.510.56-0.250.29-0.18
0.840.70.770.820.710.880.380.720.440.510.10.830.660.560.620.080.620.210.69-0.54-0.740.61-0.470.49-0.32
0.540.740.410.620.150.510.380.640.390.28-0.130.480.690.510.330.110.45-0.240.240.270.14-0.220.00.34-0.1
0.580.810.570.610.470.570.720.640.160.37-0.10.550.540.50.32-0.080.47-0.030.4-0.08-0.490.24-0.330.36-0.21
0.640.40.370.630.020.710.440.390.160.24-0.20.650.770.520.480.650.510.11-0.02-0.23-0.050.06-0.170.11-0.15
0.60.360.840.560.820.530.510.280.370.240.480.610.510.840.930.260.7-0.010.59-0.53-0.540.45-0.280.370.06
0.25-0.050.370.250.470.190.1-0.13-0.1-0.20.480.240.160.460.490.170.470.230.37-0.39-0.270.550.01-0.210.05
0.990.610.780.960.530.960.830.480.550.650.610.240.890.770.740.50.890.320.54-0.51-0.490.59-0.10.19-0.06
0.910.650.650.930.330.880.660.690.540.770.510.160.890.810.680.540.870.120.34-0.31-0.190.28-0.080.14-0.16
0.780.560.860.780.630.720.560.510.50.520.840.460.770.810.90.420.890.180.4-0.46-0.390.44-0.120.170.11
0.750.410.880.730.790.710.620.330.320.480.930.490.740.680.90.360.80.090.61-0.61-0.520.5-0.270.35-0.02
0.44-0.090.090.36-0.180.410.080.11-0.080.650.260.170.50.540.420.360.5-0.02-0.23-0.080.090.010.03-0.34-0.07
0.90.490.770.880.520.810.620.450.470.510.70.470.890.870.890.80.50.280.43-0.51-0.390.550.05-0.050.02
0.290.130.340.240.150.30.21-0.24-0.030.11-0.010.230.320.120.180.09-0.020.280.1-0.47-0.260.710.35-0.110.62
0.580.460.660.60.840.550.690.240.4-0.020.590.370.540.340.40.61-0.230.430.1-0.48-0.580.59-0.220.59-0.12
-0.48-0.14-0.63-0.42-0.68-0.47-0.540.27-0.08-0.23-0.53-0.39-0.51-0.31-0.46-0.61-0.08-0.51-0.47-0.480.64-0.790.2-0.14-0.04
-0.47-0.35-0.65-0.41-0.78-0.51-0.740.14-0.49-0.05-0.54-0.27-0.49-0.19-0.39-0.520.09-0.39-0.26-0.580.64-0.770.47-0.240.19
0.570.280.650.510.670.560.61-0.220.240.060.450.550.590.280.440.50.010.550.710.59-0.79-0.77-0.060.040.17
-0.11-0.32-0.22-0.12-0.4-0.25-0.470.0-0.33-0.17-0.280.01-0.1-0.08-0.12-0.270.030.050.35-0.220.20.47-0.06-0.520.66
0.220.470.460.260.550.290.490.340.360.110.37-0.210.190.140.170.35-0.34-0.05-0.110.59-0.14-0.240.04-0.52-0.06
-0.1-0.130.15-0.15-0.05-0.18-0.32-0.1-0.21-0.150.060.05-0.06-0.160.11-0.02-0.070.020.62-0.12-0.040.190.170.66-0.06
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Zoomlion Heavy Account Relationship Matchups

Zoomlion Heavy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets92.1B116.3B122.0B123.6B130.9B65.8B
Other Current Liab7.0B9.5B13.0B6.3B9.7B5.3B
Total Current Liabilities34.6B46.9B49.7B48.4B50.0B52.5B
Total Stockholder Equity38.9B46.7B56.9B54.7B56.4B28.3B
Other Liab1.4B3.1B4.8B5.8B6.7B7.0B
Retained Earnings21.0B26.5B30.0B24.9B25.7B13.5B
Accounts Payable19.1B32.6B29.9B26.5B23.1B12.0B
Cash6.6B12.5B15.2B15.5B15.9B9.9B
Other Assets5.0B9.1B14.5B9.0B10.4B5.9B
Net Receivables37.5B32.7B50.7B27.9B24.6B22.5B
Inventory11.8B14.7B13.5B14.2B22.5B23.6B
Other Current Assets2.4B2.3B2.2B7.4B8.0B8.4B
Total Liab52.5B68.4B63.7B66.6B71.7B36.9B
Intangible Assets4.1B4.6B5.5B5.3B5.1B3.3B
Common Stock7.8B7.9B7.9B8.7B10.0B10.5B
Property Plant Equipment6.1B7.1B7.8B9.7B11.2B11.8B
Long Term Debt15.0B16.3B7.9B11.0B14.9B10.8B
Good Will2.1B2.1B1.9B2.6B2.7B1.9B
Short Term Investments4.3B4.3B6.4B4.0B1.8B1.7B
Net Tangible Assets32.1B32.8B40.1B49.5B56.9B39.1B
Other Stockholder Equity(1.2B)(1.2B)(1.2B)(1.4B)(1.2B)(1.3B)
Deferred Long Term Liab100.2M28.4M30.9M60.6M54.5M61.0M
Short Long Term Debt5.0B3.0B3.3B6.2B5.7B4.2B
Total Current Assets63.2B81.2B89.3B73.6B78.0B80.8B
Non Current Assets Total28.9B35.0B32.8B50.0B52.9B36.3B
Non Currrent Assets Other937.3K1.0M445.4M304.5M830.8M872.4M
Non Current Liabilities Total18.0B21.4B14.0B18.2B21.7B15.3B
Non Current Liabilities Other1.5B2.4B3.6B3.1B2.7B3.3B
Net Debt11.9B13.0B6.8B1.7B4.7B7.3B
Common Stock Shares Outstanding7.8B7.9B7.9B8.7B10.0B9.0B
Net Invested Capital58.4B66.0B68.1B71.9B77.0B72.9B
Net Working Capital28.6B34.3B39.6B25.2B28.0B25.6B

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Other Information on Investing in Zoomlion Stock

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