Jilin Net Income vs Other Operating Expenses Analysis

000420 Stock   3.98  0.16  4.19%   
Jilin Chemical financial indicator trend analysis is infinitely more than just investigating Jilin Chemical Fibre recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jilin Chemical Fibre is a good investment. Please check the relationship between Jilin Chemical Net Income and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jilin Chemical Fibre. 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 vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jilin Chemical Fibre Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Jilin Chemical's Net Income and Other Operating Expenses is -0.29. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Jilin Chemical Fibre, assuming nothing else is changed. The correlation between historical values of Jilin Chemical's Net Income 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 of Jilin Chemical Fibre 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 i.e., Jilin Chemical's Net Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jilin Chemical Fibre financial statement analysis. It represents the amount of money remaining after all of Jilin Chemical Fibre operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Jilin Chemical Fibre. It is also known as Jilin Chemical 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 Jilin Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jilin Chemical Fibre 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 Chemical Fibre. 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 94 M, whereas Tax Provision is projected to grow to (17.3 M).
 2022 2023 2024 2025 (projected)
Operating Income143.1M323.1M371.5M390.1M
Total Revenue3.7B3.7B4.3B4.5B

Jilin Chemical fundamental ratios Correlations

-0.270.950.950.02-0.110.940.60.170.760.890.470.73-0.410.970.880.90.980.860.840.910.920.880.95-0.910.9
-0.27-0.18-0.370.57-0.36-0.24-0.240.09-0.12-0.260.32-0.130.19-0.18-0.22-0.33-0.29-0.33-0.25-0.34-0.4-0.34-0.310.29-0.31
0.95-0.180.830.2-0.20.980.660.170.670.760.550.83-0.320.980.850.840.980.820.740.910.880.880.91-0.940.78
0.95-0.370.83-0.250.020.810.540.210.630.880.350.58-0.310.840.890.940.910.90.790.90.910.860.9-0.850.86
0.020.570.2-0.25-0.540.220.20.180.23-0.160.510.29-0.040.21-0.16-0.210.04-0.16-0.05-0.08-0.12-0.08-0.020.03-0.04
-0.11-0.36-0.20.02-0.54-0.21-0.26-0.44-0.1-0.04-0.84-0.17-0.16-0.19-0.02-0.08-0.06-0.03-0.14-0.01-0.06-0.02-0.04-0.01-0.05
0.94-0.240.980.810.22-0.210.670.190.680.740.510.8-0.30.970.80.810.960.80.780.880.860.860.9-0.90.78
0.6-0.240.660.540.2-0.260.670.550.310.350.450.60.070.610.510.650.640.730.330.720.770.750.61-0.650.38
0.170.090.170.210.18-0.440.190.55-0.01-0.080.460.110.290.130.290.390.170.42-0.040.260.280.280.11-0.08-0.02
0.76-0.120.670.630.23-0.10.680.31-0.010.830.350.48-0.750.80.480.450.660.380.790.490.590.430.68-0.530.92
0.89-0.260.760.88-0.16-0.040.740.35-0.080.830.350.48-0.570.840.720.720.80.640.890.710.790.660.85-0.730.97
0.470.320.550.350.51-0.840.510.450.460.350.350.380.050.530.440.450.450.390.320.380.380.350.35-0.350.36
0.73-0.130.830.580.29-0.170.80.60.110.480.480.38-0.290.790.610.630.790.690.550.80.770.810.79-0.820.56
-0.410.19-0.32-0.31-0.04-0.16-0.30.070.29-0.75-0.570.05-0.29-0.45-0.18-0.1-0.34-0.04-0.55-0.19-0.29-0.13-0.40.28-0.66
0.97-0.180.980.840.21-0.190.970.610.130.80.840.530.79-0.450.810.80.960.770.810.860.870.830.91-0.90.87
0.88-0.220.850.89-0.16-0.020.80.510.290.480.720.440.61-0.180.810.920.910.880.60.910.830.880.84-0.890.69
0.9-0.330.840.94-0.21-0.080.810.650.390.450.720.450.63-0.10.80.920.90.980.640.940.920.910.83-0.860.7
0.98-0.290.980.910.04-0.060.960.640.170.660.80.450.79-0.340.960.910.90.890.750.950.920.920.94-0.960.82
0.86-0.330.820.9-0.16-0.030.80.730.420.380.640.390.69-0.040.770.880.980.890.560.960.930.950.84-0.870.62
0.84-0.250.740.79-0.05-0.140.780.33-0.040.790.890.320.55-0.550.810.60.640.750.560.640.730.610.81-0.670.89
0.91-0.340.910.9-0.08-0.010.880.720.260.490.710.380.8-0.190.860.910.940.950.960.640.960.990.93-0.960.71
0.92-0.40.880.91-0.12-0.060.860.770.280.590.790.380.77-0.290.870.830.920.920.930.730.960.950.93-0.920.79
0.88-0.340.880.86-0.08-0.020.860.750.280.430.660.350.81-0.130.830.880.910.920.950.610.990.950.92-0.950.65
0.95-0.310.910.9-0.02-0.040.90.610.110.680.850.350.79-0.40.910.840.830.940.840.810.930.930.92-0.930.85
-0.910.29-0.94-0.850.03-0.01-0.9-0.65-0.08-0.53-0.73-0.35-0.820.28-0.9-0.89-0.86-0.96-0.87-0.67-0.96-0.92-0.95-0.93-0.71
0.9-0.310.780.86-0.04-0.050.780.38-0.020.920.970.360.56-0.660.870.690.70.820.620.890.710.790.650.85-0.71
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Jilin Chemical Account Relationship Matchups

Jilin Chemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.7B8.8B10.5B10.7B12.3B12.9B
Other Current Liab139.7M171.4M120.4M288.7M332.0M240.5M
Total Current Liabilities5.0B5.2B5.1B4.8B5.5B5.8B
Total Stockholder Equity3.1B3.0B4.3B4.4B5.0B5.3B
Other Liab33.0M32.5M30.5M29.5M33.9M26.8M
Retained Earnings(583.4M)(661.8M)(666.3M)(634.1M)(570.7M)(542.2M)
Accounts Payable1.9B2.3B2.5B2.0B2.3B2.4B
Cash885.6M741.0M894.6M677.2M778.8M442.3M
Other Assets180.3M208.9M204.2M196.9M226.5M122.5M
Long Term Debt482.5M501.5M774.6M1.2B1.4B1.5B
Net Receivables436.6M442.9M746.7M825.7M949.5M997.0M
Inventory730.9M794.8M455.9M675.2M776.5M440.5M
Other Current Assets158.7M187.9M203.8M19.4M22.3M21.2M
Total Liab5.6B5.8B6.2B6.3B7.3B7.6B
Intangible Assets232.9M221.3M212.9M243.2M279.7M293.7M
Property Plant Equipment4.6B5.5B5.5B5.6B6.5B6.8B
Net Tangible Assets2.7B2.8B2.9B2.7B3.2B2.7B
Deferred Long Term Liab698.9K603.2K431.0K3.9M4.5M4.7M
Short Long Term Debt2.2B2.0B2.0B2.1B2.4B1.8B
Total Current Assets2.4B2.2B2.4B2.4B2.8B2.1B
Non Current Assets Total6.3B6.5B8.1B8.3B9.5B6.7B
Non Currrent Assets Other91.1M121.7M139.3M123.8M111.4M141.8M
Non Current Liabilities Total594.4M614.6M1.1B1.5B1.8B1.8B
Net Debt1.8B1.7B1.9B2.7B3.1B1.9B
Net Invested Capital5.8B5.4B7.1B7.7B8.9B6.4B
Net Working Capital(2.6B)(3.0B)(2.7B)(2.4B)(2.1B)(2.2B)
Property Plant And Equipment Net5.5B5.6B6.8B6.8B7.8B6.7B
Property Plant And Equipment Gross7.7B8.1B6.8B10.2B11.8B8.9B

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Other Information on Investing in Jilin Stock

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