BOE Net Income vs Operating Income Analysis

000725 Stock   4.40  0.04  0.92%   
BOE Technology financial indicator trend analysis is way more than just evaluating BOE Technology Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BOE Technology Group is a good investment. Please check the relationship between BOE Technology Net Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BOE Technology Group. 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 Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BOE Technology Group Net Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BOE Technology's Net Income and Operating Income is 0.97. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of BOE Technology Group, assuming nothing else is changed. The correlation between historical values of BOE Technology's Net 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 Income of BOE Technology Group 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 Income i.e., BOE Technology's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

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

Operating Income

Operating Income is the amount of profit realized from BOE Technology Group 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 BOE Technology Group 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 BOE Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BOE Technology Group 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 BOE Technology Group. 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.
The current year's Tax Provision is expected to grow to about 1.9 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit63.3B20.9B21.9B26.1B
Total Revenue219.3B178.4B174.5B138.4B

BOE Technology fundamental ratios Correlations

0.40.990.90.960.810.920.990.950.930.970.950.880.660.95-0.030.90.990.670.440.330.980.90.960.60.98
0.40.480.120.35-0.040.160.320.40.450.430.280.66-0.090.260.710.110.47-0.190.160.720.330.410.4-0.350.36
0.990.480.870.940.760.880.970.950.930.960.920.920.580.930.050.890.990.60.390.410.960.890.970.540.97
0.90.120.870.820.940.990.930.880.740.80.920.690.770.98-0.420.910.830.880.29-0.070.940.740.880.760.89
0.960.350.940.820.780.860.960.870.980.970.920.820.60.870.050.820.960.650.440.360.910.940.910.60.97
0.81-0.040.760.940.780.960.870.790.670.710.880.540.710.92-0.540.830.730.970.26-0.210.860.70.820.890.84
0.920.160.880.990.860.960.950.890.780.840.950.70.780.98-0.380.880.860.890.36-0.040.960.780.890.770.91
0.990.320.970.930.960.870.950.940.930.960.970.840.660.97-0.120.90.970.750.40.250.980.910.960.680.99
0.950.40.950.880.870.790.890.940.870.910.950.80.580.92-0.060.870.940.660.480.30.980.870.910.60.92
0.930.450.930.740.980.670.780.930.870.970.880.830.520.80.210.760.960.520.460.510.880.960.870.480.93
0.970.430.960.80.970.710.840.960.910.970.90.860.630.860.120.820.990.560.540.460.930.910.910.50.96
0.950.280.920.920.920.880.950.970.950.880.90.770.630.96-0.20.840.910.80.410.150.980.90.90.720.93
0.880.660.920.690.820.540.70.840.80.830.860.770.360.790.240.740.90.350.210.570.80.780.90.310.86
0.66-0.090.580.770.60.710.780.660.580.520.630.630.360.69-0.40.60.610.710.53-0.20.690.440.520.480.63
0.950.260.930.980.870.920.980.970.920.80.860.960.790.69-0.30.910.890.830.30.060.970.810.940.740.94
-0.030.710.05-0.420.05-0.54-0.38-0.12-0.060.210.12-0.20.24-0.4-0.3-0.270.11-0.680.150.86-0.160.12-0.06-0.67-0.05
0.90.110.890.910.820.830.880.90.870.760.820.840.740.60.91-0.270.850.690.270.130.890.720.920.740.88
0.990.470.990.830.960.730.860.970.940.960.990.910.90.610.890.110.850.570.490.460.950.910.940.510.97
0.67-0.190.60.880.650.970.890.750.660.520.560.80.350.710.83-0.680.690.570.23-0.420.750.580.660.90.7
0.440.160.390.290.440.260.360.40.480.460.540.410.210.530.30.150.270.490.230.140.460.320.260.180.4
0.330.720.41-0.070.36-0.21-0.040.250.30.510.460.150.57-0.20.060.860.130.46-0.420.140.20.470.32-0.380.32
0.980.330.960.940.910.860.960.980.980.880.930.980.80.690.97-0.160.890.950.750.460.20.870.920.660.95
0.90.410.890.740.940.70.780.910.870.960.910.90.780.440.810.120.720.910.580.320.470.870.850.520.9
0.960.40.970.880.910.820.890.960.910.870.910.90.90.520.94-0.060.920.940.660.260.320.920.850.650.97
0.6-0.350.540.760.60.890.770.680.60.480.50.720.310.480.74-0.670.740.510.90.18-0.380.660.520.650.65
0.980.360.970.890.970.840.910.990.920.930.960.930.860.630.94-0.050.880.970.70.40.320.950.90.970.65
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BOE Technology Account Relationship Matchups

BOE Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets340.4B424.3B450.2B420.6B419.2B363.3B
Other Current Liab25.8B38.0B32.7B3.7B3.2B3.0B
Total Current Liabilities78.4B105.0B103.4B85.7B90.2B78.8B
Total Stockholder Equity95.1B103.3B143.1B136.1B129.4B114.1B
Other Liab10.8B11.9B10.9B11.5B13.2B10.3B
Net Tangible Assets79.0B86.9B90.0B130.6B150.2B97.1B
Retained Earnings13.9B18.0B39.8B35.8B35.6B21.4B
Accounts Payable23.2B28.4B33.3B30.7B33.9B26.1B
Cash57.0B73.7B81.0B68.8B72.5B68.3B
Other Assets9.8B11.3B10.3B9.5B10.9B8.6B
Long Term Debt109.1B132.9B116.4B123.1B121.5B110.1B
Net Receivables19.2B23.0B35.5B28.2B33.4B25.3B
Good Will707.6M1.4B1.1B660.8M704.7M745.8M
Short Term Investments5.8B4.4B10.0B17.2B7.8B7.9B
Inventory12.5B18.5B27.7B22.8B24.1B17.3B
Other Current Assets8.8B8.4B4.6B3.4B3.3B4.8B
Other Stockholder Equity541.3M8.8B14.0B14.8B17.0B17.9B
Total Liab199.4B250.9B232.9B218.5B221.4B201.2B
Deferred Long Term Liab360.6M345.4M299.6M636.5M732.0M425.6M
Short Long Term Debt6.4B8.6B2.1B2.4B1.7B3.3B
Total Current Assets104.4B129.0B161.2B142.2B143.2B126.4B
Intangible Assets7.4B11.9B11.2B8.9B11.7B8.1B
Property Plant Equipment184.6B213.2B267.4B259.6B298.5B196.3B
Non Current Assets Total236.0B295.3B289.0B278.3B276.0B254.3B
Non Currrent Assets Other9.5B8.6B7.5B2.0B4.0B4.8B
Non Current Liabilities Total121.0B145.9B129.5B132.9B131.2B131.4B
Non Current Liabilities Other8.2B5.3B4.4B2.5B2.5B2.4B
Net Debt57.5B67.8B37.5B56.7B50.8B57.3B
Net Invested Capital209.5B244.7B261.6B261.6B252.7B252.0B
Net Working Capital26.1B24.0B57.9B56.6B53.0B47.9B

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Other Information on Investing in BOE Stock

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