Zhongshan Gross Profit vs Operating Income Analysis

000685 Stock

9.21 0.03 0.32%

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

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

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

The correlation between Zhongshan Public's Gross Profit and Operating Income is 0.78. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Zhongshan Public Utilities, assuming nothing else is changed. The correlation between historical values of Zhongshan Public's Gross Profit 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 Gross Profit of Zhongshan Public Utilities 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 Gross Profit i.e., Zhongshan Public's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.78

Relationship Direction	Positive
Relationship Strength	Significant

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zhongshan Public Utilities minus its cost of goods sold. It is profit before Zhongshan Public 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.

Operating Income

Operating Income is the amount of profit realized from Zhongshan Public Uti 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 Zhongshan Public Utilities 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 Zhongshan Public's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongshan Public Uti 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 Zhongshan Public Utilities. 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 11, 2024, Selling General Administrative is expected to decline to about 102.8 M. In addition to that, Tax Provision is expected to decline to about 78.6 M

	2021	2022	2023	2024 (projected)
Operating Income	456.7M	347.8M	534.0M	560.7M
Total Revenue	2.4B	3.6B	5.2B	5.5B

Operating Income Total Revenue

Zhongshan Public fundamental ratios Correlations

	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	Intangible Assets	Common Stock	Other Assets	Other Liab
Total Assets		0.95	0.3	0.94	0.97	0.87	0.85	0.86	0.99	0.89	0.91	1.0	0.33	0.91	0.9	0.91	0.4	-0.09	0.03	0.96	0.98	0.88	0.92	0.9	-0.37	0.93
Short Long Term Debt Total	0.95		0.11	0.96	0.87	0.85	0.9	0.97	0.91	0.97	0.81	0.94	0.36	0.8	0.94	0.95	0.36	-0.1	-0.06	0.98	0.95	0.94	0.94	0.78	-0.43	0.95
Other Current Liab	0.3	0.11		0.33	0.31	0.11	0.05	-0.06	0.35	0.13	0.47	0.29	0.3	0.48	0.28	0.11	0.13	-0.2	-0.18	0.27	0.36	0.13	0.3	0.17	-0.01	0.31
Total Current Liabilities	0.94	0.96	0.33		0.85	0.79	0.84	0.9	0.91	0.96	0.84	0.93	0.46	0.83	0.97	0.87	0.37	-0.21	-0.12	0.99	0.95	0.95	0.96	0.73	-0.37	0.98
Total Stockholder Equity	0.97	0.87	0.31	0.85		0.85	0.76	0.76	0.98	0.77	0.9	0.98	0.23	0.9	0.79	0.84	0.43	-0.01	0.17	0.87	0.92	0.8	0.83	0.96	-0.32	0.83
Property Plant And Equipment Net	0.87	0.85	0.11	0.79	0.85		0.72	0.81	0.87	0.79	0.73	0.88	0.44	0.75	0.71	0.84	0.37	-0.13	0.05	0.83	0.79	0.78	0.71	0.81	-0.23	0.75
Current Deferred Revenue	0.85	0.9	0.05	0.84	0.76	0.72		0.84	0.83	0.86	0.79	0.84	0.47	0.78	0.85	0.94	0.11	-0.12	-0.22	0.9	0.88	0.74	0.89	0.64	-0.27	0.83
Net Debt	0.86	0.97	-0.06	0.9	0.76	0.81	0.84		0.81	0.96	0.64	0.86	0.3	0.63	0.9	0.89	0.33	-0.03	-0.08	0.92	0.85	0.94	0.88	0.68	-0.45	0.9
Retained Earnings	0.99	0.91	0.35	0.91	0.98	0.87	0.83	0.81		0.84	0.92	0.99	0.33	0.92	0.87	0.9	0.35	-0.12	0.0	0.93	0.95	0.83	0.9	0.89	-0.33	0.89
Accounts Payable	0.89	0.97	0.13	0.96	0.77	0.79	0.86	0.96	0.84		0.75	0.88	0.42	0.74	0.96	0.9	0.3	-0.19	-0.15	0.97	0.91	0.94	0.94	0.66	-0.45	0.97
Cash	0.91	0.81	0.47	0.84	0.9	0.73	0.79	0.64	0.92	0.75		0.9	0.39	0.99	0.78	0.83	0.32	-0.24	0.0	0.86	0.92	0.7	0.85	0.8	-0.29	0.83
Non Current Assets Total	1.0	0.94	0.29	0.93	0.98	0.88	0.84	0.86	0.99	0.88	0.9		0.32	0.91	0.88	0.9	0.41	-0.1	0.04	0.95	0.97	0.88	0.91	0.91	-0.36	0.91
Non Currrent Assets Other	0.33	0.36	0.3	0.46	0.23	0.44	0.47	0.3	0.33	0.42	0.39	0.32		0.4	0.38	0.35	-0.08	-0.42	-0.36	0.44	0.35	0.34	0.36	0.11	0.39	0.35
Cash And Short Term Investments	0.91	0.8	0.48	0.83	0.9	0.75	0.78	0.63	0.92	0.74	0.99	0.91	0.4		0.76	0.83	0.38	-0.26	-0.03	0.86	0.92	0.68	0.83	0.81	-0.31	0.82
Net Receivables	0.9	0.94	0.28	0.97	0.79	0.71	0.85	0.9	0.87	0.96	0.78	0.88	0.38	0.76		0.89	0.21	-0.19	-0.22	0.97	0.93	0.9	0.99	0.65	-0.4	0.98
Non Current Liabilities Total	0.91	0.95	0.11	0.87	0.84	0.84	0.94	0.89	0.9	0.9	0.83	0.9	0.35	0.83	0.89		0.2	-0.13	-0.17	0.94	0.92	0.78	0.92	0.73	-0.42	0.88
Inventory	0.4	0.36	0.13	0.37	0.43	0.37	0.11	0.33	0.35	0.3	0.32	0.41	-0.08	0.38	0.21	0.2		-0.13	0.1	0.32	0.33	0.46	0.26	0.45	-0.46	0.34
Other Current Assets	-0.09	-0.1	-0.2	-0.21	-0.01	-0.13	-0.12	-0.03	-0.12	-0.19	-0.24	-0.1	-0.42	-0.26	-0.19	-0.13	-0.13		0.58	-0.19	-0.06	-0.09	-0.21	0.08	0.02	-0.2
Other Stockholder Equity	0.03	-0.06	-0.18	-0.12	0.17	0.05	-0.22	-0.08	0.0	-0.15	0.0	0.04	-0.36	-0.03	-0.22	-0.17	0.1	0.58		-0.14	-0.02	0.04	-0.22	0.4	0.08	-0.12
Total Liab	0.96	0.98	0.27	0.99	0.87	0.83	0.9	0.92	0.93	0.97	0.86	0.95	0.44	0.86	0.97	0.94	0.32	-0.19	-0.14		0.97	0.92	0.97	0.75	-0.4	0.98
Total Current Assets	0.98	0.95	0.36	0.95	0.92	0.79	0.88	0.85	0.95	0.91	0.92	0.97	0.35	0.92	0.93	0.92	0.33	-0.06	-0.02	0.97		0.86	0.96	0.82	-0.4	0.95
Short Term Debt	0.88	0.94	0.13	0.95	0.8	0.78	0.74	0.94	0.83	0.94	0.7	0.88	0.34	0.68	0.9	0.78	0.46	-0.09	0.04	0.92	0.86		0.87	0.73	-0.38	0.93
Intangible Assets	0.92	0.94	0.3	0.96	0.83	0.71	0.89	0.88	0.9	0.94	0.85	0.91	0.36	0.83	0.99	0.92	0.26	-0.21	-0.22	0.97	0.96	0.87		0.69	-0.4	0.97
Common Stock	0.9	0.78	0.17	0.73	0.96	0.81	0.64	0.68	0.89	0.66	0.8	0.91	0.11	0.81	0.65	0.73	0.45	0.08	0.4	0.75	0.82	0.73	0.69		-0.28	0.71
Other Assets	-0.37	-0.43	-0.01	-0.37	-0.32	-0.23	-0.27	-0.45	-0.33	-0.45	-0.29	-0.36	0.39	-0.31	-0.4	-0.42	-0.46	0.02	0.08	-0.4	-0.4	-0.38	-0.4	-0.28		-0.49
Other Liab	0.93	0.95	0.31	0.98	0.83	0.75	0.83	0.9	0.89	0.97	0.83	0.91	0.35	0.82	0.98	0.88	0.34	-0.2	-0.12	0.98	0.95	0.93	0.97	0.71	-0.49

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Zhongshan Public Account Relationship Matchups

Zhongshan Public fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.1B	20.9B	22.5B	25.5B	29.0B	30.5B
Short Long Term Debt Total	3.6B	4.2B	3.3B	5.0B	7.6B	8.0B
Other Current Liab	526.8M	48.6M	1.5B	1.9B	195.5M	301.5M
Total Current Liabilities	3.3B	3.9B	4.2B	6.6B	8.0B	8.4B
Total Stockholder Equity	13.1B	14.1B	15.1B	15.7B	16.4B	17.2B
Property Plant And Equipment Net	3.2B	2.4B	2.1B	2.3B	3.5B	3.6B
Current Deferred Revenue	561.0M	1.3B	1.3B	803.7M	1.9B	2.0B
Net Debt	2.4B	2.5B	915.8M	2.9B	5.4B	5.7B
Retained Earnings	8.2B	9.2B	10.3B	10.9B	11.5B	12.1B
Accounts Payable	843.8M	784.2M	696.7M	1.6B	2.5B	2.6B
Cash	1.2B	1.7B	2.4B	2.1B	2.2B	2.3B
Non Current Assets Total	16.8B	18.2B	18.9B	21.4B	24.4B	25.6B
Non Currrent Assets Other	1.5B	1.3B	1.8B	192.2M	2.9B	3.0B
Cash And Short Term Investments	1.5B	1.7B	2.5B	2.1B	2.2B	2.3B
Net Receivables	484.5M	823.8M	860.7M	1.8B	1.9B	2.0B
Liabilities And Stockholders Equity	19.1B	20.9B	22.5B	25.5B	29.0B	30.5B
Non Current Liabilities Total	2.4B	2.6B	2.8B	2.9B	4.4B	4.6B
Inventory	235.5M	136.9M	90.5M	117.2M	115.5M	87.7M
Other Current Assets	88.1M	97.5M	95.2M	113.0M	129.8M	140.9M
Other Stockholder Equity	788.1M	753.6M	753.6M	699.8M	1.8B	991.2M
Total Liab	5.7B	6.5B	7.0B	9.5B	12.4B	13.0B
Total Current Assets	2.3B	2.7B	3.5B	4.1B	4.6B	4.8B
Short Term Debt	1.4B	1.7B	654.0M	2.4B	3.4B	3.6B
Intangible Assets	1.2B	2.2B	2.2B	3.7B	3.8B	4.0B
Other Liab	113.4M	126.1M	183.9M	325.1M	373.9M	392.6M
Short Term Investments	310.0M	10.8K	130M	(1.6B)	(1.5B)	(1.4B)
Property Plant Equipment	3.2B	2.4B	2.1B	2.3B	2.6B	1.5B
Long Term Debt	2.3B	2.5B	2.6B	2.6B	4.1B	4.4B
Net Tangible Assets	11.9B	11.9B	13.0B	11.9B	13.7B	12.7B
Deferred Long Term Liab	43.2M	35.6M	35.7M	76.2M	87.6M	92.0M
Short Long Term Debt	1.3B	1.6B	550.6M	980.4M	2.2B	1.2B
Non Current Liabilities Other	2.2B	23.1M	31.4M	109.8M	42.3M	40.1M
Net Invested Capital	16.6B	18.2B	18.3B	19.3B	22.7B	19.4B
Net Working Capital	(1.0B)	(1.1B)	(684.6M)	(2.5B)	(3.4B)	(3.2B)

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Other Information on Investing in Zhongshan Stock

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

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Zhongshan Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Zhongshan Public fundamental ratios Correlations

Zhongshan Public Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhongshan Public fundamental ratios Accounts

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Other Information on Investing in Zhongshan Stock

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Non Current Assets Total	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Retained Earnings
Cash And Short Term Investments	+ 0.99	Cash
Intangible Assets	+ 0.99	Net Receivables

Other Liab	- 0.49	Other Assets
Other Assets	- 0.46	Inventory
Other Assets	- 0.45	Accounts Payable
Other Assets	- 0.45	Net Debt
Other Assets	- 0.43	Short Long Term Debt Total
Other Assets	- 0.42	Non Current Liabilities Total