Shan Research Development vs Operating Income Analysis

000423 Stock

62.80 0.79 1.27%

Shan Dong financial indicator trend analysis is much more than just breaking down Shan Dong Dong prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shan Dong Dong is a good investment. Please check the relationship between Shan Dong Research Development and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shan Dong Dong E. 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shan Dong Dong Research Development account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shan Dong's Research Development and Operating Income is 0.44. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shan Dong Dong E, assuming nothing else is changed. The correlation between historical values of Shan Dong's Research Development 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 Research Development of Shan Dong Dong E 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 Research Development i.e., Shan Dong's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

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Research Development

Operating Income

Operating Income is the amount of profit realized from Shan Dong Dong 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 Shan Dong Dong E 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 Shan Dong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shan Dong Dong 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 Shan Dong Dong E. 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.

As of January 18, 2025, Selling General Administrative is expected to decline to about 999.5 M. In addition to that, Tax Provision is expected to decline to about 160.3 M

	2022	2023	2024	2025 (projected)
Gross Profit	2.8B	3.3B	3.0B	2.6B
Research Development	137.7M	173.2M	155.9M	144.4M

Gross Profit Research Development

Shan Dong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Good Will	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.19	0.93	1.0	0.99	0.54	0.69	0.3	0.79	0.52	-0.59	0.94	0.85	0.57	0.95	0.7	0.32	0.72	0.9	0.12	0.44	0.72	0.86	0.77	-0.57	0.54
Other Current Liab	-0.19		-0.2	-0.19	-0.19	0.21	-0.41	0.4	-0.17	0.27	0.33	-0.21	-0.09	0.3	-0.09	0.1	0.14	-0.33	-0.29	0.2	0.1	-0.22	-0.33	-0.22	-0.01	-0.35
Total Current Liabilities	0.93	-0.2		0.9	0.88	0.56	0.74	0.2	0.8	0.41	-0.51	1.0	0.69	0.49	0.79	0.55	0.35	0.62	0.83	0.25	0.36	0.57	0.88	0.6	-0.32	0.41
Total Stockholder Equity	1.0	-0.19	0.9		1.0	0.53	0.66	0.32	0.77	0.54	-0.61	0.91	0.88	0.57	0.96	0.72	0.3	0.72	0.91	0.1	0.47	0.75	0.84	0.8	-0.61	0.55
Retained Earnings	0.99	-0.19	0.88	1.0		0.54	0.61	0.36	0.76	0.58	-0.66	0.88	0.91	0.52	0.96	0.72	0.22	0.7	0.92	0.1	0.49	0.76	0.84	0.82	-0.65	0.55
Accounts Payable	0.54	0.21	0.56	0.53	0.54		-0.03	0.64	0.51	0.85	-0.31	0.53	0.54	0.36	0.52	0.55	0.01	-0.09	0.51	0.74	0.79	0.22	0.48	0.43	-0.15	-0.17
Cash	0.69	-0.41	0.74	0.66	0.61	-0.03		-0.3	0.45	-0.23	-0.36	0.77	0.39	0.35	0.56	0.24	0.49	0.88	0.63	-0.31	-0.23	0.57	0.7	0.45	-0.34	0.72
Net Receivables	0.3	0.4	0.2	0.32	0.36	0.64	-0.3		0.19	0.75	-0.24	0.17	0.49	0.17	0.36	0.57	-0.2	-0.26	0.37	0.27	0.74	0.33	0.23	0.5	-0.29	-0.24
Short Term Investments	0.79	-0.17	0.8	0.77	0.76	0.51	0.45	0.19		0.45	-0.4	0.8	0.57	0.53	0.66	0.52	0.21	0.53	0.7	0.43	0.29	0.43	0.76	0.35	-0.23	0.47
Inventory	0.52	0.27	0.41	0.54	0.58	0.85	-0.23	0.75	0.45		-0.38	0.38	0.64	0.34	0.59	0.65	-0.13	-0.13	0.45	0.58	0.91	0.24	0.32	0.47	-0.28	-0.21
Other Current Assets	-0.59	0.33	-0.51	-0.61	-0.66	-0.31	-0.36	-0.24	-0.4	-0.38		-0.52	-0.78	0.18	-0.57	-0.28	0.4	-0.35	-0.68	0.0	-0.32	-0.63	-0.61	-0.63	0.56	-0.48
Total Liab	0.94	-0.21	1.0	0.91	0.88	0.53	0.77	0.17	0.8	0.38	-0.52		0.7	0.5	0.8	0.54	0.37	0.67	0.84	0.22	0.32	0.59	0.89	0.6	-0.34	0.46
Intangible Assets	0.85	-0.09	0.69	0.88	0.91	0.54	0.39	0.49	0.57	0.64	-0.78	0.7		0.31	0.88	0.63	-0.03	0.51	0.86	0.04	0.54	0.81	0.72	0.88	-0.75	0.48
Common Stock	0.57	0.3	0.49	0.57	0.52	0.36	0.35	0.17	0.53	0.34	0.18	0.5	0.31		0.62	0.62	0.77	0.49	0.35	0.06	0.15	0.32	0.34	0.27	-0.18	0.24
Property Plant Equipment	0.95	-0.09	0.79	0.96	0.96	0.52	0.56	0.36	0.66	0.59	-0.57	0.8	0.88	0.62		0.79	0.31	0.7	0.82	0.03	0.48	0.72	0.71	0.81	-0.67	0.5
Other Assets	0.7	0.1	0.55	0.72	0.72	0.55	0.24	0.57	0.52	0.65	-0.28	0.54	0.63	0.62	0.79		0.23	0.36	0.62	0.12	0.53	0.57	0.54	0.6	-0.4	0.21
Good Will	0.32	0.14	0.35	0.3	0.22	0.01	0.49	-0.2	0.21	-0.13	0.4	0.37	-0.03	0.77	0.31	0.23		0.5	0.12	-0.14	-0.18	0.09	0.18	0.1	0.08	0.15
Other Liab	0.72	-0.33	0.62	0.72	0.7	-0.09	0.88	-0.26	0.53	-0.13	-0.35	0.67	0.51	0.49	0.7	0.36	0.5		0.64	-0.34	-0.19	0.65	0.63	0.52	-0.59	0.86
Net Tangible Assets	0.9	-0.29	0.83	0.91	0.92	0.51	0.63	0.37	0.7	0.45	-0.68	0.84	0.86	0.35	0.82	0.62	0.12	0.64		0.09	0.45	0.87	0.96	0.85	-0.63	0.61
Other Stockholder Equity	0.12	0.2	0.25	0.1	0.1	0.74	-0.31	0.27	0.43	0.58	0.0	0.22	0.04	0.06	0.03	0.12	-0.14	-0.34	0.09		0.56	-0.32	0.15	-0.15	0.25	-0.39
Deferred Long Term Liab	0.44	0.1	0.36	0.47	0.49	0.79	-0.23	0.74	0.29	0.91	-0.32	0.32	0.54	0.15	0.48	0.53	-0.18	-0.19	0.45	0.56		0.19	0.31	0.5	-0.24	-0.32
Long Term Investments	0.72	-0.22	0.57	0.75	0.76	0.22	0.57	0.33	0.43	0.24	-0.63	0.59	0.81	0.32	0.72	0.57	0.09	0.65	0.87	-0.32	0.19		0.78	0.87	-0.74	0.72
Total Current Assets	0.86	-0.33	0.88	0.84	0.84	0.48	0.7	0.23	0.76	0.32	-0.61	0.89	0.72	0.34	0.71	0.54	0.18	0.63	0.96	0.15	0.31	0.78		0.69	-0.42	0.59
Non Current Assets Total	0.77	-0.22	0.6	0.8	0.82	0.43	0.45	0.5	0.35	0.47	-0.63	0.6	0.88	0.27	0.81	0.6	0.1	0.52	0.85	-0.15	0.5	0.87	0.69		-0.76	0.45
Non Currrent Assets Other	-0.57	-0.01	-0.32	-0.61	-0.65	-0.15	-0.34	-0.29	-0.23	-0.28	0.56	-0.34	-0.75	-0.18	-0.67	-0.4	0.08	-0.59	-0.63	0.25	-0.24	-0.74	-0.42	-0.76		-0.65
Non Current Liabilities Total	0.54	-0.35	0.41	0.55	0.55	-0.17	0.72	-0.24	0.47	-0.21	-0.48	0.46	0.48	0.24	0.5	0.21	0.15	0.86	0.61	-0.39	-0.32	0.72	0.59	0.45	-0.65

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Shan Dong Account Relationship Matchups

Shan Dong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	11.0B	11.6B	12.6B	13.3B	15.3B	16.1B
Other Current Liab	505.0M	595.3M	844.3M	51.4M	59.1M	56.1M
Total Current Liabilities	1.0B	1.4B	2.1B	2.4B	2.8B	2.9B
Total Stockholder Equity	9.7B	10.0B	10.3B	10.7B	12.3B	12.9B
Retained Earnings	8.7B	8.9B	8.8B	9.2B	10.6B	11.1B
Accounts Payable	191.6M	258.3M	238.1M	275.1M	316.4M	225.6M
Cash	1.5B	3.2B	5.4B	5.8B	6.7B	7.0B
Net Receivables	469.0M	1.2B	383.9M	63.0M	72.4M	68.8M
Short Term Investments	1.4B	2.5B	1.9B	2.5B	2.9B	2.0B
Inventory	2.5B	1.6B	1.2B	1.0B	1.2B	1.2B
Other Current Assets	74.1M	20.5M	57.6M	19.6M	22.6M	21.4M
Total Liab	1.2B	1.6B	2.3B	2.6B	3.0B	3.1B
Intangible Assets	442.0M	409.0M	332.1M	322.5M	370.9M	389.4M
Property Plant Equipment	2.3B	2.3B	2.1B	2.0B	2.3B	2.5B
Other Assets	401.5M	465.9M	294.5M	318.0M	365.7M	232.6M
Other Liab	75.0M	57.1M	131.3M	151.9M	174.7M	183.4M
Net Tangible Assets	9.6B	9.3B	9.6B	10.0B	11.5B	10.1B
Other Stockholder Equity	(258.0K)	(197.5K)	(402.6K)	907.2K	816.5K	775.6K
Deferred Long Term Liab	43.4M	45.5M	30.2M	15.3M	13.8M	25.9M
Total Current Assets	7.8B	8.6B	9.8B	10.5B	12.1B	9.7B
Non Current Assets Total	3.2B	3.0B	2.8B	2.8B	3.2B	3.2B
Non Currrent Assets Other	6.9M	6.9M	3.3M	110.1M	99.1M	51.7M
Non Current Liabilities Total	131.3M	199.5M	179.9M	159.0M	182.8M	128.9M
Net Invested Capital	9.7B	10.0B	10.3B	10.7B	12.3B	11.3B
Net Working Capital	6.7B	7.2B	7.7B	8.1B	9.3B	8.1B
Property Plant And Equipment Net	2.3B	2.1B	2.0B	1.9B	1.7B	1.7B
Property Plant And Equipment Gross	3.0B	3.1B	3.1B	1.9B	1.7B	2.2B

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Other Information on Investing in Shan Stock

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

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Shan Research Development vs Operating Income Analysis

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

Correlation Coefficient

Research Development

Operating Income

Shan Dong fundamental ratios Correlations

Shan Dong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shan Dong fundamental ratios Accounts

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Other Information on Investing in Shan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Retained Earnings	+ 0.99	Total Assets
Property Plant Equipment	+ 0.96	Total Stockholder Equity
Property Plant Equipment	+ 0.96	Retained Earnings

Intangible Assets	- 0.78	Other Current Assets
Non Currrent Assets Other	- 0.76	Non Current Assets Total
Non Currrent Assets Other	- 0.75	Intangible Assets
Non Currrent Assets Other	- 0.74	Long Term Investments
Net Tangible Assets	- 0.68	Other Current Assets
Non Currrent Assets Other	- 0.67	Property Plant Equipment