Nanjing Operating Income vs Gross Profit Analysis

000525 Stock

6.67 0.35 4.99%

Nanjing Red financial indicator trend analysis is infinitely more than just investigating Nanjing Red Sun recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanjing Red Sun is a good investment. Please check the relationship between Nanjing Red Operating Income and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanjing Red Sun. 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.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nanjing Red Sun Operating Income account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Nanjing Red's Operating Income and Gross Profit is 0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Nanjing Red Sun, assuming nothing else is changed. The correlation between historical values of Nanjing Red's Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Nanjing Red Sun are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Nanjing Red's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Nanjing Red Sun 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 Nanjing Red Sun 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Nanjing Red Sun minus its cost of goods sold. It is profit before Nanjing Red operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Nanjing Red's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanjing Red Sun 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 Nanjing Red Sun. 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 December 24, 2024, Selling General Administrative is expected to decline to about 238.2 M. The current year's Tax Provision is expected to grow to about (142.3 M)

	2021	2022	2023	2024 (projected)
Gross Profit	938.9M	2.4B	186.2M	176.9M
Research Development	167.9M	285.4M	294.9M	161.0M

Gross Profit Research Development

Nanjing Red fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Other Liab	Short Term Investments	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.48	0.95	0.65	0.37	0.62	0.53	0.58	0.46	0.17	0.85	0.57	0.86	0.94	0.09	-0.03	0.23	0.57	0.12	0.15	0.41	0.53	0.52	0.61	0.5	0.38
Other Current Liab	0.48		0.56	0.08	-0.14	-0.18	0.04	0.23	-0.01	-0.19	0.57	0.26	0.48	0.35	0.23	0.35	0.65	0.36	0.08	-0.33	0.68	0.64	0.73	0.44	0.1	0.37
Total Current Liabilities	0.95	0.56		0.42	0.13	0.53	0.4	0.58	0.39	0.11	0.95	0.55	0.88	0.85	0.23	0.19	0.34	0.51	0.03	-0.09	0.48	0.63	0.65	0.58	0.37	0.34
Total Stockholder Equity	0.65	0.08	0.42		0.91	0.68	0.77	0.26	0.53	0.32	0.18	0.36	0.36	0.75	-0.42	-0.72	-0.32	0.37	0.44	0.81	0.16	-0.02	-0.03	0.31	0.75	0.14
Retained Earnings	0.37	-0.14	0.13	0.91		0.58	0.69	0.14	0.42	0.31	-0.1	0.25	-0.01	0.46	-0.59	-0.9	-0.41	0.27	0.57	0.94	-0.02	-0.21	-0.21	0.16	0.82	0.09
Accounts Payable	0.62	-0.18	0.53	0.68	0.58		0.72	0.19	0.82	0.53	0.33	0.34	0.38	0.7	-0.13	-0.44	-0.46	0.04	0.19	0.49	0.01	-0.13	-0.15	0.1	0.46	-0.13
Cash	0.53	0.04	0.4	0.77	0.69	0.72		0.33	0.4	0.14	0.17	0.19	0.25	0.61	-0.4	-0.57	-0.45	0.26	0.31	0.64	0.37	0.09	0.09	0.39	0.75	-0.04
Net Receivables	0.58	0.23	0.58	0.26	0.14	0.19	0.33		-0.09	-0.15	0.58	0.42	0.39	0.45	-0.14	0.06	0.37	0.83	0.03	-0.01	0.33	0.54	0.49	0.68	0.49	0.65
Inventory	0.46	-0.01	0.39	0.53	0.42	0.82	0.4	-0.09		0.82	0.22	0.16	0.28	0.54	0.11	-0.38	-0.37	-0.13	0.24	0.37	-0.11	-0.37	-0.34	-0.23	0.17	-0.21
Other Current Assets	0.17	-0.19	0.11	0.32	0.31	0.53	0.14	-0.15	0.82		0.03	-0.16	0.06	0.2	0.22	-0.45	-0.29	-0.17	0.43	0.39	-0.46	-0.61	-0.58	-0.49	0.09	-0.26
Total Liab	0.85	0.57	0.95	0.18	-0.1	0.33	0.17	0.58	0.22	0.03		0.5	0.88	0.71	0.35	0.4	0.54	0.47	-0.01	-0.32	0.39	0.68	0.69	0.53	0.2	0.35
Intangible Assets	0.57	0.26	0.55	0.36	0.25	0.34	0.19	0.42	0.16	-0.16	0.5		0.44	0.55	-0.46	0.05	0.27	0.23	0.06	0.01	0.25	0.4	0.38	0.41	0.29	0.28
Common Stock	0.86	0.48	0.88	0.36	-0.01	0.38	0.25	0.39	0.28	0.06	0.88	0.44		0.83	0.32	0.3	0.31	0.37	-0.05	-0.18	0.35	0.54	0.55	0.43	0.15	0.17
Property Plant Equipment	0.94	0.35	0.85	0.75	0.46	0.7	0.61	0.45	0.54	0.2	0.71	0.55	0.83		-0.03	-0.15	0.02	0.43	0.16	0.25	0.36	0.36	0.36	0.45	0.5	0.17
Other Assets	0.09	0.23	0.23	-0.42	-0.59	-0.13	-0.4	-0.14	0.11	0.22	0.35	-0.46	0.32	-0.03		0.59	0.28	0.0	-0.42	-0.56	0.02	0.19	0.18	-0.04	-0.5	0.05
Other Liab	-0.03	0.35	0.19	-0.72	-0.9	-0.44	-0.57	0.06	-0.38	-0.45	0.4	0.05	0.3	-0.15	0.59		0.56	-0.03	-0.68	-0.97	0.26	0.54	0.51	0.19	-0.69	0.17
Short Term Investments	0.23	0.65	0.34	-0.32	-0.41	-0.46	-0.45	0.37	-0.37	-0.29	0.54	0.27	0.31	0.02	0.28	0.56		0.39	0.01	-0.58	0.17	0.57	0.57	0.35	-0.16	0.56
Long Term Debt	0.57	0.36	0.51	0.37	0.27	0.04	0.26	0.83	-0.13	-0.17	0.47	0.23	0.37	0.43	0.0	-0.03	0.39		-0.02	0.13	0.41	0.59	0.55	0.77	0.52	0.84
Good Will	0.12	0.08	0.03	0.44	0.57	0.19	0.31	0.03	0.24	0.43	-0.01	0.06	-0.05	0.16	-0.42	-0.68	0.01	-0.02		0.55	-0.24	-0.36	-0.26	-0.3	0.58	-0.24
Net Tangible Assets	0.15	-0.33	-0.09	0.81	0.94	0.49	0.64	-0.01	0.37	0.39	-0.32	0.01	-0.18	0.25	-0.56	-0.97	-0.58	0.13	0.55		-0.18	-0.41	-0.42	0.0	0.71	-0.05
Other Stockholder Equity	0.41	0.68	0.48	0.16	-0.02	0.01	0.37	0.33	-0.11	-0.46	0.39	0.25	0.35	0.36	0.02	0.26	0.17	0.41	-0.24	-0.18		0.77	0.81	0.64	0.32	0.28
Deferred Long Term Liab	0.53	0.64	0.63	-0.02	-0.21	-0.13	0.09	0.54	-0.37	-0.61	0.68	0.4	0.54	0.36	0.19	0.54	0.57	0.59	-0.36	-0.41	0.77		0.98	0.85	0.19	0.58
Long Term Investments	0.52	0.73	0.65	-0.03	-0.21	-0.15	0.09	0.49	-0.34	-0.58	0.69	0.38	0.55	0.36	0.18	0.51	0.57	0.55	-0.26	-0.42	0.81	0.98		0.77	0.21	0.5
Total Current Assets	0.61	0.44	0.58	0.31	0.16	0.1	0.39	0.68	-0.23	-0.49	0.53	0.41	0.43	0.45	-0.04	0.19	0.35	0.77	-0.3	0.0	0.64	0.85	0.77		0.4	0.76
Non Current Assets Total	0.5	0.1	0.37	0.75	0.82	0.46	0.75	0.49	0.17	0.09	0.2	0.29	0.15	0.5	-0.5	-0.69	-0.16	0.52	0.58	0.71	0.32	0.19	0.21	0.4		0.19
Non Currrent Assets Other	0.38	0.37	0.34	0.14	0.09	-0.13	-0.04	0.65	-0.21	-0.26	0.35	0.28	0.17	0.17	0.05	0.17	0.56	0.84	-0.24	-0.05	0.28	0.58	0.5	0.76	0.19

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Nanjing Red Account Relationship Matchups

Nanjing Red fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.7B	11.5B	9.7B	10.3B	9.9B	7.3B
Other Current Liab	743.6M	1.1B	1.1B	1.7B	583.4M	494.6M
Total Current Liabilities	8.1B	6.5B	6.9B	6.9B	7.2B	4.5B
Total Stockholder Equity	4.6B	4.0B	553.9M	1.3B	878.8M	834.9M
Retained Earnings	1.7B	1.5B	(2.3B)	(1.5B)	(2.2B)	(2.1B)
Accounts Payable	1.9B	1.1B	925.9M	940.2M	1.3B	1.3B
Cash	1.4B	198.1M	263.4M	392.3M	313.6M	297.9M
Net Receivables	4.6B	630.0M	2.7B	836.3M	844.6M	867.2M
Inventory	1.1B	930.0M	732.6M	1.1B	743.5M	1.1B
Other Current Assets	461.6M	418.5M	341.0M	309.4M	88.0M	83.6M
Total Liab	9.1B	7.4B	9.1B	8.9B	8.9B	4.9B
Intangible Assets	617.9M	592.3M	521.9M	391.5M	386.7M	260.3M
Property Plant Equipment	4.5B	3.9B	3.5B	3.1B	3.6B	2.6B
Other Assets	271.7M	581.8M	610.5M	708.2M	814.5M	855.2M
Other Liab	265.6M	470.3M	1.8B	1.7B	1.9B	2.0B
Short Term Investments	109.7M	146.2M	180.1M	202.5M	25.7M	39.1M
Long Term Debt	1.1B	494.0M	374.0M	301.0M	221.8M	324.9M
Net Tangible Assets	3.3B	2.8B	(580.4M)	267.2M	240.5M	228.5M
Other Stockholder Equity	76.2M	74.6M	86.4M	71.6M	82.3M	89.4M
Deferred Long Term Liab	64.9M	63.7M	59.0M	55.9M	64.2M	54.4M
Total Current Assets	7.6B	5.6B	4.2B	5.2B	4.7B	5.9B
Non Current Assets Total	6.4B	6.0B	5.5B	5.1B	5.2B	4.7B
Non Currrent Assets Other	296.6M	243.7M	201.8M	233.3M	183.8M	242.7M
Non Current Liabilities Total	1.4B	964.2M	2.2B	2.0B	1.7B	1.3B
Short Long Term Debt	4.5B	3.8B	3.7B	3.3B	3.4B	2.9B
Non Current Liabilities Other	240.2M	574.8M	1.5B	1.4B	1.3B	879.2M
Net Debt	4.1B	4.1B	3.8B	3.2B	3.3B	3.4B
Net Invested Capital	9.6B	8.3B	4.6B	4.9B	4.5B	5.7B
Net Working Capital	(353.3M)	(883.5M)	(2.7B)	(1.7B)	(2.5B)	(2.3B)

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

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Nanjing Operating Income vs Gross Profit Analysis

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Operating Income

Gross Profit

Nanjing Red fundamental ratios Correlations

Nanjing Red Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nanjing Red fundamental ratios Accounts

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Other Information on Investing in Nanjing Stock

COMMON DESTINATIONS

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COMPANY

Long Term Investments	+ 0.98	Deferred Long Term Liab
Total Current Liabilities	+ 0.95	Total Assets
Total Liab	+ 0.95	Total Current Liabilities
Property Plant Equipment	+ 0.94	Total Assets
Net Tangible Assets	+ 0.94	Retained Earnings
Retained Earnings	+ 0.91	Total Stockholder Equity

Net Tangible Assets	- 0.97	Other Liab
Other Liab	- 0.9	Retained Earnings
Other Liab	- 0.72	Total Stockholder Equity
Non Current Assets Total	- 0.69	Other Liab
Good Will	- 0.68	Other Liab
Deferred Long Term Liab	- 0.61	Other Current Assets