000415 Stock | | | 3.94 0.01 0.25% |
Bohai Leasing financial indicator trend analysis is way more than just evaluating Bohai Leasing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bohai Leasing is a good investment. Please check the relationship between Bohai Leasing Total Operating Expenses and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bohai Leasing 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 board of governors.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bohai Leasing Total Operating Expenses account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bohai Leasing's Total Operating Expenses and Operating Income is 0.97. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Bohai Leasing Co, assuming nothing else is changed. The correlation between historical values of Bohai Leasing's Total Operating Expenses and Operating Income 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 Operating Expenses of Bohai Leasing Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Bohai Leasing's Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Operating Income
Operating Income is the amount of profit realized from Bohai Leasing operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bohai Leasing Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Bohai Leasing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bohai Leasing 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 Bohai Leasing 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 board of governors.
The current year's
Tax Provision is expected to grow to about 944.9
M, whereas
Selling General Administrative is forecasted to decline to about 437.5
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 8.8B | 10.4B | 12.9B | 13.5B | Total Revenue | 26.8B | 31.9B | 33.7B | 35.4B |
Bohai Leasing fundamental ratios Correlations
Click cells to compare fundamentals
Bohai Leasing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bohai Leasing fundamental ratios Accounts
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Other Information on Investing in Bohai Stock
Balance Sheet is a snapshot of the
financial position of Bohai Leasing at a specified time, usually calculated after every quarter, six months, or one year. Bohai Leasing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bohai Leasing 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 Bohai currently owns. An asset can also be divided into two categories, current and non-current.