Shengda Ebit vs Net Income Analysis

000603 Stock

13.08 0.24 1.80%

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

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shengda Mining Ebit account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shengda Mining's Ebit and Net Income is 0.83. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income in the same time period over historical financial statements of Shengda Mining Co, assuming nothing else is changed. The correlation between historical values of Shengda Mining's Ebit 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 Ebit of Shengda Mining Co 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 Ebit i.e., Shengda Mining's Ebit and Net Income go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebit

Net Income

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

Most indicators from Shengda Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shengda Mining 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 Shengda Mining Co. 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.

The current year's Selling General Administrative is expected to grow to about 72.7 M. The current year's Tax Provision is expected to grow to about 81.8 M

	2022	2023	2024	2025 (projected)
Total Revenue	1.9B	2.3B	2.6B	2.7B
Depreciation And Amortization	262.0M	201.7M	231.9M	243.5M

Total Revenue Depreciation And Amortization

Shengda Mining fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Other Liab
Common Stock Shares Outstanding		0.77	0.64	-0.09	0.68	0.83	0.66	0.64	0.43	0.75	0.65	0.21	0.78	0.58	0.6	0.59	0.62	0.6	-0.39	0.39	0.67	0.71	0.64	0.9	0.57	0.53
Total Assets	0.77		0.91	-0.29	0.97	0.96	0.97	0.76	0.76	0.98	0.97	-0.01	1.0	0.46	0.62	0.9	0.92	0.93	-0.05	-0.06	0.97	0.96	0.94	0.79	0.89	0.82
Short Long Term Debt Total	0.64	0.91		-0.31	0.95	0.8	0.95	0.71	0.91	0.91	0.92	-0.16	0.92	0.54	0.49	0.8	0.96	0.91	0.04	-0.24	0.97	0.84	0.92	0.66	0.93	0.66
Other Current Liab	-0.09	-0.29	-0.31		-0.32	-0.23	-0.28	-0.45	-0.31	-0.33	-0.37	0.13	-0.29	-0.47	-0.18	-0.32	-0.31	-0.21	-0.01	0.01	-0.32	-0.3	-0.42	0.06	-0.4	-0.29
Total Current Liabilities	0.68	0.97	0.95	-0.32		0.86	0.99	0.71	0.85	0.97	0.98	-0.14	0.97	0.49	0.51	0.92	0.94	0.96	-0.01	-0.24	0.99	0.92	0.97	0.68	0.9	0.82
Total Stockholder Equity	0.83	0.96	0.8	-0.23	0.86		0.89	0.76	0.59	0.93	0.87	0.15	0.95	0.4	0.69	0.82	0.8	0.81	-0.09	0.16	0.85	0.93	0.83	0.87	0.8	0.77
Property Plant And Equipment Net	0.66	0.97	0.95	-0.28	0.99	0.89		0.7	0.86	0.98	0.98	-0.16	0.97	0.48	0.51	0.93	0.94	0.98	0.0	-0.24	0.98	0.93	0.95	0.69	0.94	0.82
Current Deferred Revenue	0.64	0.76	0.71	-0.45	0.71	0.76	0.7		0.51	0.7	0.68	0.22	0.74	0.34	0.67	0.63	0.72	0.61	-0.03	0.09	0.72	0.78	0.62	0.7	0.71	0.35
Net Debt	0.43	0.76	0.91	-0.31	0.85	0.59	0.86	0.51		0.78	0.84	-0.54	0.79	0.63	0.1	0.77	0.87	0.87	0.2	-0.33	0.87	0.62	0.83	0.38	0.84	0.61
Retained Earnings	0.75	0.98	0.91	-0.33	0.97	0.93	0.98	0.7	0.78		0.98	-0.08	0.97	0.54	0.57	0.93	0.9	0.95	-0.14	-0.13	0.96	0.95	0.96	0.74	0.91	0.87
Accounts Payable	0.65	0.97	0.92	-0.37	0.98	0.87	0.98	0.68	0.84	0.98		-0.18	0.96	0.51	0.5	0.94	0.94	0.97	-0.05	-0.25	0.98	0.92	0.97	0.65	0.92	0.88
Cash	0.21	-0.01	-0.16	0.13	-0.14	0.15	-0.16	0.22	-0.54	-0.08	-0.18		-0.07	-0.39	0.73	-0.27	-0.16	-0.28	-0.4	0.3	-0.15	0.17	-0.17	0.42	-0.15	-0.2
Non Current Assets Total	0.78	1.0	0.92	-0.29	0.97	0.95	0.97	0.74	0.79	0.97	0.96	-0.07		0.5	0.56	0.89	0.93	0.93	-0.01	-0.03	0.97	0.93	0.94	0.78	0.88	0.82
Non Currrent Assets Other	0.58	0.46	0.54	-0.47	0.49	0.4	0.48	0.34	0.63	0.54	0.51	-0.39	0.5		0.05	0.43	0.5	0.47	-0.32	0.17	0.5	0.33	0.52	0.3	0.57	0.38
Cash And Short Term Investments	0.6	0.62	0.49	-0.18	0.51	0.69	0.51	0.67	0.1	0.57	0.5	0.73	0.56	0.05		0.35	0.5	0.39	-0.4	0.07	0.51	0.75	0.46	0.75	0.54	0.35
Net Receivables	0.59	0.9	0.8	-0.32	0.92	0.82	0.93	0.63	0.77	0.93	0.94	-0.27	0.89	0.43	0.35		0.81	0.94	0.01	-0.23	0.9	0.88	0.91	0.57	0.8	0.88
Non Current Liabilities Total	0.62	0.92	0.96	-0.31	0.94	0.8	0.94	0.72	0.87	0.9	0.94	-0.16	0.93	0.5	0.5	0.81		0.92	0.02	-0.27	0.97	0.85	0.9	0.64	0.91	0.71
Inventory	0.6	0.93	0.91	-0.21	0.96	0.81	0.98	0.61	0.87	0.95	0.97	-0.28	0.93	0.47	0.39	0.94	0.92		0.0	-0.34	0.96	0.88	0.92	0.61	0.9	0.84
Other Current Assets	-0.39	-0.05	0.04	-0.01	-0.01	-0.09	0.0	-0.03	0.2	-0.14	-0.05	-0.4	-0.01	-0.32	-0.4	0.01	0.02	0.0		-0.03	0.0	-0.17	-0.01	-0.32	-0.09	-0.09
Other Stockholder Equity	0.39	-0.06	-0.24	0.01	-0.24	0.16	-0.24	0.09	-0.33	-0.13	-0.25	0.3	-0.03	0.17	0.07	-0.23	-0.27	-0.34	-0.03		-0.25	-0.15	-0.22	0.26	-0.28	-0.19
Total Liab	0.67	0.97	0.97	-0.32	0.99	0.85	0.98	0.72	0.87	0.96	0.98	-0.15	0.97	0.5	0.51	0.9	0.97	0.96	0.0	-0.25		0.91	0.96	0.68	0.92	0.79
Total Current Assets	0.71	0.96	0.84	-0.3	0.92	0.93	0.93	0.78	0.62	0.95	0.92	0.17	0.93	0.33	0.75	0.88	0.85	0.88	-0.17	-0.15	0.91		0.88	0.78	0.86	0.79
Short Term Debt	0.64	0.94	0.92	-0.42	0.97	0.83	0.95	0.62	0.83	0.96	0.97	-0.17	0.94	0.52	0.46	0.91	0.9	0.92	-0.01	-0.22	0.96	0.88		0.6	0.86	0.87
Common Stock	0.9	0.79	0.66	0.06	0.68	0.87	0.69	0.7	0.38	0.74	0.65	0.42	0.78	0.3	0.75	0.57	0.64	0.61	-0.32	0.26	0.68	0.78	0.6		0.61	0.48
Short Term Investments	0.57	0.89	0.93	-0.4	0.9	0.8	0.94	0.71	0.84	0.91	0.92	-0.15	0.88	0.57	0.54	0.8	0.91	0.9	-0.09	-0.28	0.92	0.86	0.86	0.61		0.69
Other Liab	0.53	0.82	0.66	-0.29	0.82	0.77	0.82	0.35	0.61	0.87	0.88	-0.2	0.82	0.38	0.35	0.88	0.71	0.84	-0.09	-0.19	0.79	0.79	0.87	0.48	0.69

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Shengda Mining Account Relationship Matchups

Shengda Mining fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.6B	5.3B	5.4B	6.5B	7.5B	7.9B
Short Long Term Debt Total	1.4B	1.2B	912.7M	1.2B	1.3B	1.4B
Other Current Liab	5.1M	12.7M	251.1M	4.6M	5.3M	5.0M
Total Current Liabilities	1.3B	1.6B	1.5B	1.8B	2.1B	2.2B
Total Stockholder Equity	2.2B	2.6B	3.0B	3.1B	3.6B	3.8B
Property Plant And Equipment Net	1.8B	2.3B	2.5B	2.5B	2.9B	3.1B
Current Deferred Revenue	357.3M	610.9M	79.1M	356.0M	409.4M	429.9M
Net Debt	596.6M	781.3M	634.8M	710.0M	816.5M	857.3M
Retained Earnings	1.9B	2.3B	2.7B	2.8B	3.3B	3.4B
Accounts Payable	261.6M	332.5M	359.8M	472.0M	542.8M	570.0M
Cash	784.8M	372.8M	277.9M	446.9M	513.9M	265.8M
Non Current Assets Total	3.3B	3.6B	3.8B	4.8B	5.5B	5.8B
Non Currrent Assets Other	500.8M	447.9M	431.1M	428.1M	492.3M	517.0M
Cash And Short Term Investments	1.2B	724.6M	632.7M	792.2M	911.0M	956.6M
Net Receivables	53.3M	726.5M	664.5M	728.8M	838.2M	880.1M
Liabilities And Stockholders Equity	4.6B	5.3B	5.4B	6.5B	7.5B	7.9B
Non Current Liabilities Total	673.9M	549.8M	382.2M	796.6M	916.1M	961.9M
Inventory	126.5M	214.1M	244.6M	245.9M	282.8M	296.9M
Other Current Assets	7.6M	21.0M	7.0M	11.3M	10.1M	17.1M
Other Stockholder Equity	189.6M	156.4M	156.6M	157.5M	181.1M	232.4M
Total Liab	2.0B	2.2B	1.8B	2.6B	3.0B	3.2B
Total Current Assets	1.3B	1.7B	1.5B	1.8B	2.0B	2.1B
Short Term Debt	720.9M	668.6M	773.5M	1.0B	1.2B	1.2B
Short Term Investments	376.8M	351.7M	354.8M	345.3M	397.1M	417.0M
Other Liab	14.0M	13.5M	21.2M	243.1M	279.5M	293.5M
Property Plant Equipment	1.6B	1.8B	2.3B	2.5B	2.9B	3.0B
Intangible Assets	459.6M	538.9M	509.2M	1.3B	1.5B	1.6B
Net Tangible Assets	1.8B	1.8B	2.0B	2.4B	2.8B	2.1B
Deferred Long Term Liab	42.1M	49.2M	44.5M	44.5M	51.2M	30.0M
Long Term Debt	660.4M	485.5M	130M	143.5M	129.2M	122.7M
Net Invested Capital	3.5B	3.5B	3.5B	4.0B	4.6B	3.5B
Short Long Term Debt	570.9M	421.9M	348.1M	751.5M	864.3M	907.5M
Net Working Capital	4.1M	61.3M	85.1M	(66.5M)	(59.8M)	(56.8M)
Property Plant And Equipment Gross	2.3B	2.9B	2.5B	3.5B	4.0B	2.9B
Accumulated Other Comprehensive Income	(258.6M)	(291.9M)	(291.7M)	(294.6M)	(265.2M)	(278.4M)

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

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Shengda Ebit vs Net Income Analysis

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

Correlation Coefficient

Ebit

Net Income

Shengda Mining fundamental ratios Correlations

Shengda Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shengda Mining fundamental ratios Accounts

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Other Information on Investing in Shengda Stock

COMMON DESTINATIONS

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COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.98	Property Plant And Equipment Net

Cash	- 0.54	Net Debt
Non Currrent Assets Other	- 0.47	Other Current Liab
Current Deferred Revenue	- 0.45	Other Current Liab
Short Term Debt	- 0.42	Other Current Liab
Other Current Assets	- 0.4	Cash And Short Term Investments
Other Current Assets	- 0.4	Cash