000429 Stock | | | 13.20 0.07 0.53% |
Guangdong Provincial financial indicator trend analysis is much more than just examining Guangdong Provincial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Provincial is a good investment. Please check the relationship between Guangdong Provincial Net Interest Income and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Provincial Expressway. 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 Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangdong Provincial Net Interest Income account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangdong Provincial's Net Interest Income and Operating Income is 0.9. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Guangdong Provincial Expressway, assuming nothing else is changed. The correlation between historical values of Guangdong Provincial's Net Interest Income 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 Net Interest Income of Guangdong Provincial Expressway 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 Net Interest Income i.e., Guangdong Provincial's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Operating Income
Operating Income is the amount of profit realized from Guangdong Provincial 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 Guangdong Provincial Expressway 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 Guangdong Provincial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Provincial 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 Guangdong Provincial Expressway. 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 21, 2025,
Selling General Administrative is expected to decline to about 28
M. In addition to that,
Tax Provision is expected to decline to about 484.3
M | 2022 | 2023 | 2024 | 2025 (projected) |
Operating Income | 2.4B | 2.9B | 3.4B | 3.5B | Total Revenue | 4.2B | 4.9B | 5.6B | 5.9B |
Guangdong Provincial fundamental ratios Correlations
Click cells to compare fundamentals
Guangdong Provincial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangdong Provincial fundamental ratios Accounts
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Other Information on Investing in Guangdong Stock
Balance Sheet is a snapshot of the
financial position of Guangdong Provincial at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Provincial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Provincial 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.