Zhongrun Total Revenue vs Net Income Analysis

000506 Stock

3.03 0.04 1.30%

Zhongrun Resources financial indicator trend analysis is more than just analyzing Zhongrun Resources current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhongrun Resources is a good investment. Please check the relationship between Zhongrun Resources Total Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhongrun Resources Investment. 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 Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongrun Resources Total Revenue account and Net Income. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Zhongrun Resources' Total Revenue and Net Income is 0.19. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Zhongrun Resources Investment, assuming nothing else is changed. The correlation between historical values of Zhongrun Resources' Total Revenue and Net 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 Revenue of Zhongrun Resources Investment are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Zhongrun Resources' Total Revenue and Net Income go up and down completely randomly.

Correlation Coefficient

0.19

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Total Revenue

Total revenue comprises all receipts Zhongrun Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Net Income

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

Most indicators from Zhongrun Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongrun Resources 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 Zhongrun Resources Investment. 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.

As of December 10, 2024, Selling General Administrative is expected to decline to about 32.1 M. The current year's Tax Provision is expected to grow to about (548.4 K)

Zhongrun Resources fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Retained Earnings	Other Liab	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.93	0.93	0.71	0.85	0.65	0.0	0.43	0.94	0.72	0.94	-0.02	0.18	-0.67	-0.45	0.65	0.05	0.67	0.5	0.09	-0.46	-0.25	0.5	-0.48	-0.3	0.47
Other Current Liab	0.93		0.93	0.57	0.89	0.67	-0.13	0.37	0.99	0.78	0.93	-0.27	-0.02	-0.79	-0.22	0.65	-0.21	0.72	0.55	-0.07	-0.63	-0.42	0.64	-0.66	-0.45	0.63
Total Current Liabilities	0.93	0.93		0.45	0.81	0.62	0.1	0.18	0.93	0.85	0.99	-0.12	0.06	-0.67	-0.37	0.42	-0.15	0.77	0.32	-0.05	-0.38	-0.25	0.39	-0.42	-0.32	0.34
Total Stockholder Equity	0.71	0.57	0.45		0.66	0.58	-0.38	0.84	0.6	0.17	0.46	0.01	0.32	-0.43	-0.46	0.89	0.17	0.06	0.71	0.34	-0.56	-0.05	0.63	-0.48	-0.43	0.56
Accounts Payable	0.85	0.89	0.81	0.66		0.62	-0.21	0.43	0.91	0.7	0.8	-0.3	0.1	-0.68	-0.28	0.69	-0.16	0.5	0.58	-0.05	-0.55	-0.35	0.63	-0.65	-0.48	0.58
Cash	0.65	0.67	0.62	0.58	0.62		-0.32	0.47	0.65	0.56	0.59	-0.36	0.07	-0.4	-0.16	0.63	-0.23	0.24	0.54	0.39	-0.59	-0.16	0.65	-0.43	-0.46	0.56
Other Assets	0.0	-0.13	0.1	-0.38	-0.21	-0.32		-0.63	-0.15	0.05	0.14	0.38	0.34	0.28	-0.45	-0.65	0.3	0.38	-0.74	-0.18	0.79	-0.06	-0.81	0.57	0.76	-0.54
Net Receivables	0.43	0.37	0.18	0.84	0.43	0.47	-0.63		0.38	-0.11	0.19	-0.24	0.18	-0.29	-0.2	0.86	0.01	-0.12	0.7	0.42	-0.62	0.12	0.7	-0.41	-0.6	0.51
Inventory	0.94	0.99	0.93	0.6	0.91	0.65	-0.15	0.38		0.77	0.93	-0.25	-0.02	-0.79	-0.23	0.67	-0.15	0.71	0.58	-0.04	-0.63	-0.37	0.64	-0.65	-0.46	0.6
Other Current Assets	0.72	0.78	0.85	0.17	0.7	0.56	0.05	-0.11	0.77		0.83	-0.17	-0.1	-0.53	-0.11	0.25	-0.12	0.67	0.28	-0.11	-0.34	-0.25	0.33	-0.37	-0.24	0.32
Total Liab	0.94	0.93	0.99	0.46	0.8	0.59	0.14	0.19	0.93	0.83		-0.12	0.02	-0.69	-0.34	0.44	-0.1	0.83	0.35	-0.02	-0.37	-0.26	0.38	-0.42	-0.29	0.37
Intangible Assets	-0.02	-0.27	-0.12	0.01	-0.3	-0.36	0.38	-0.24	-0.25	-0.17	-0.12		0.15	0.11	-0.21	-0.24	0.46	-0.04	-0.23	-0.12	0.41	-0.07	-0.42	0.22	0.65	-0.34
Common Stock	0.18	-0.02	0.06	0.32	0.1	0.07	0.34	0.18	-0.02	-0.1	0.02	0.15		0.51	-0.89	-0.05	0.56	-0.25	-0.33	0.14	0.33	0.26	-0.33	0.46	0.33	-0.33
Property Plant Equipment	-0.67	-0.79	-0.67	-0.43	-0.68	-0.4	0.28	-0.29	-0.79	-0.53	-0.69	0.11	0.51		-0.21	-0.62	0.41	-0.67	-0.65	0.27	0.69	0.56	-0.68	0.87	0.53	-0.71
Short Term Investments	-0.45	-0.22	-0.37	-0.46	-0.28	-0.16	-0.45	-0.2	-0.23	-0.11	-0.34	-0.21	-0.89	-0.21		-0.04	-0.46	-0.05	0.26	-0.09	-0.29	-0.21	0.29	-0.33	-0.2	0.28
Retained Earnings	0.65	0.65	0.42	0.89	0.69	0.63	-0.65	0.86	0.67	0.25	0.44	-0.24	-0.05	-0.62	-0.04		-0.07	0.13	0.93	0.31	-0.83	-0.19	0.9	-0.74	-0.64	0.81
Other Liab	0.05	-0.21	-0.15	0.17	-0.16	-0.23	0.3	0.01	-0.15	-0.12	-0.1	0.46	0.56	0.41	-0.46	-0.07		-0.11	-0.13	0.12	0.32	0.37	-0.37	0.41	0.5	-0.35
Long Term Debt	0.67	0.72	0.77	0.06	0.5	0.24	0.38	-0.12	0.71	0.67	0.83	-0.04	-0.25	-0.67	-0.05	0.13	-0.11		0.13	-0.25	-0.15	-0.41	0.13	-0.33	-0.02	0.26
Net Tangible Assets	0.5	0.55	0.32	0.71	0.58	0.54	-0.74	0.7	0.58	0.28	0.35	-0.23	-0.33	-0.65	0.26	0.93	-0.13	0.13		0.31	-0.85	-0.21	0.93	-0.79	-0.64	0.85
Other Stockholder Equity	0.09	-0.07	-0.05	0.34	-0.05	0.39	-0.18	0.42	-0.04	-0.11	-0.02	-0.12	0.14	0.27	-0.09	0.31	0.12	-0.25	0.31		-0.04	0.48	0.21	0.25	-0.09	0.13
Long Term Investments	-0.46	-0.63	-0.38	-0.56	-0.55	-0.59	0.79	-0.62	-0.63	-0.34	-0.37	0.41	0.33	0.69	-0.29	-0.83	0.32	-0.15	-0.85	-0.04		0.28	-0.94	0.82	0.77	-0.81
Short Long Term Debt	-0.25	-0.42	-0.25	-0.05	-0.35	-0.16	-0.06	0.12	-0.37	-0.25	-0.26	-0.07	0.26	0.56	-0.21	-0.19	0.37	-0.41	-0.21	0.48	0.28		-0.27	0.66	-0.11	-0.56
Total Current Assets	0.5	0.64	0.39	0.63	0.63	0.65	-0.81	0.7	0.64	0.33	0.38	-0.42	-0.33	-0.68	0.29	0.9	-0.37	0.13	0.93	0.21	-0.94	-0.27		-0.83	-0.77	0.86
Short Term Debt	-0.48	-0.66	-0.42	-0.48	-0.65	-0.43	0.57	-0.41	-0.65	-0.37	-0.42	0.22	0.46	0.87	-0.33	-0.74	0.41	-0.33	-0.79	0.25	0.82	0.66	-0.83		0.59	-0.85
Non Current Assets Total	-0.3	-0.45	-0.32	-0.43	-0.48	-0.46	0.76	-0.6	-0.46	-0.24	-0.29	0.65	0.33	0.53	-0.2	-0.64	0.5	-0.02	-0.64	-0.09	0.77	-0.11	-0.77	0.59		-0.53
Non Currrent Assets Other	0.47	0.63	0.34	0.56	0.58	0.56	-0.54	0.51	0.6	0.32	0.37	-0.34	-0.33	-0.71	0.28	0.81	-0.35	0.26	0.85	0.13	-0.81	-0.56	0.86	-0.85	-0.53

Click cells to compare fundamentals

Zhongrun Resources Account Relationship Matchups

Zhongrun Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.3B	1.7B	1.7B	2.3B	2.6B
Other Current Liab	445.7M	673.3M	538.7M	143.3M	164.8M	156.5M
Total Current Liabilities	1.1B	1.7B	1.3B	915.7M	907.0M	1.5B
Total Stockholder Equity	1.0B	534.7M	374.6M	642.3M	696.8M	896.7M
Accounts Payable	157.6M	134.1M	149.1M	124.1M	70.5M	67.0M
Cash	101.1M	124.6M	10.2M	7.8M	5.2M	5.0M
Other Assets	738.8M	706.0M	674.9M	658.4M	757.2M	795.1M
Net Receivables	477.8M	2.0M	50.3M	17.8M	20.4M	19.4M
Inventory	393.4M	577.7M	180.5M	188.2M	83.3M	79.1M
Other Current Assets	41.3M	79.9M	132.0M	37.6M	19.6M	18.6M
Total Liab	1.5B	1.7B	1.3B	1.0B	997.6M	1.7B
Intangible Assets	209.2M	149.3M	68.4M	62.0M	1.4B	1.4B
Property Plant Equipment	591.4M	554.6M	525.9M	561.3M	645.4M	359.2M
Retained Earnings	57.5M	(435.4M)	(564.5M)	(311.5M)	(365.9M)	(347.6M)
Other Liab	85.0M	26.1M	30.2M	119.2M	137.1M	71.3M
Net Tangible Assets	838.6M	385.4M	306.2M	580.4M	522.3M	593.1M
Other Stockholder Equity	10.1M	(10.3M)	(41.2M)	(26.5M)	(23.9M)	(22.7M)
Short Long Term Debt	116.0M	100.9M	92.2M	280.3M	85.2M	158.4M
Total Current Assets	1.0B	865.2M	372.9M	386.2M	229.4M	217.9M
Non Current Assets Total	1.6B	1.5B	1.3B	1.3B	2.1B	1.5B
Non Currrent Assets Other	2.2M	27.3M	9.9M	8.2M	4.2M	3.9M
Non Current Liabilities Total	455.0M	26.1M	33.5M	129.9M	90.6M	110.8M
Non Current Liabilities Other	200.3M	21.9M	26.2M	115.4M	79.2M	66.1M
Net Debt	345.1M	264.9M	82.0M	272.5M	80.0M	76.0M
Net Invested Capital	1.4B	635.5M	466.8M	922.6M	782.0M	809.8M
Net Working Capital	(59.4M)	(858.2M)	(880.0M)	(529.5M)	(677.6M)	(643.7M)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Zhongrun Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Zhongrun Total Revenue vs Net Income Analysis

Total Revenue vs Net Income

Total Revenue vs Net Income Correlation Analysis

Correlation Coefficient

Total Revenue

Net Income

Zhongrun Resources fundamental ratios Correlations

Zhongrun Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhongrun Resources fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Zhongrun Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 0.99	Other Current Liab
Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.94	Total Assets
Total Liab	+ 0.94	Total Assets
Other Current Liab	+ 0.93	Total Assets
Total Current Liabilities	+ 0.93	Total Assets

Total Current Assets	- 0.94	Long Term Investments
Short Term Investments	- 0.89	Common Stock
Non Currrent Assets Other	- 0.85	Short Term Debt
Long Term Investments	- 0.85	Net Tangible Assets
Short Term Debt	- 0.83	Total Current Assets
Long Term Investments	- 0.83	Retained Earnings