CITIC Net Interest Income vs Net Income Analysis

000839 Stock   2.89  0.06  2.03%   
CITIC Guoan financial indicator trend analysis is way more than just evaluating CITIC Guoan Information prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CITIC Guoan Information is a good investment. Please check the relationship between CITIC Guoan Net Interest Income and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CITIC Guoan Information. 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 Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CITIC Guoan Information Net Interest Income account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CITIC Guoan's Net Interest Income and Net Income is -0.32. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of CITIC Guoan Information, assuming nothing else is changed. The correlation between historical values of CITIC Guoan's Net Interest Income 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 Net Interest Income of CITIC Guoan Information 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 Net Interest Income i.e., CITIC Guoan's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CITIC Guoan Information financial statement analysis. It represents the amount of money remaining after all of CITIC Guoan Information operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from CITIC Guoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CITIC Guoan Information 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 CITIC Guoan Information. 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 74.2 M, whereas Selling General Administrative is forecasted to decline to about 75.6 M.
 2022 2023 2024 2025 (projected)
Gross Profit332.3M515.3M463.7M374.5M
Research Development84.0M93.8M107.8M99.7M

CITIC Guoan fundamental ratios Correlations

0.130.720.87-0.220.690.760.360.470.610.520.010.560.270.80.620.280.320.590.460.650.120.520.180.40.65
0.130.550.09-0.29-0.060.17-0.240.01-0.41-0.24-0.370.640.020.340.530.32-0.23-0.04-0.110.210.450.04-0.1-0.12-0.04
0.720.550.47-0.030.160.74-0.030.470.020.29-0.490.91-0.040.920.650.7-0.090.1-0.070.640.650.38-0.260.370.17
0.870.090.47-0.540.930.60.520.320.590.410.270.330.370.510.62-0.140.410.860.770.47-0.180.50.470.180.88
-0.22-0.29-0.03-0.54-0.64-0.16-0.330.22-0.030.16-0.12-0.010.020.13-0.390.450.12-0.73-0.72-0.090.32-0.38-0.610.02-0.69
0.69-0.060.160.93-0.640.390.660.250.590.320.46-0.010.440.210.42-0.460.510.970.930.31-0.480.520.680.140.97
0.760.170.740.6-0.160.390.010.440.330.19-0.390.67-0.060.760.580.5-0.030.340.140.80.450.35-0.170.340.44
0.36-0.24-0.030.52-0.330.660.010.330.520.670.57-0.310.330.04-0.25-0.520.480.620.72-0.07-0.670.720.790.480.57
0.470.010.470.320.220.250.440.330.060.430.140.240.40.510.140.130.550.190.140.440.020.220.120.190.24
0.61-0.410.020.59-0.030.590.330.520.060.550.36-0.080.260.290.0-0.110.390.470.460.28-0.330.40.320.370.5
0.52-0.240.290.410.160.320.190.670.430.550.450.050.370.44-0.17-0.010.430.180.25-0.03-0.250.460.350.450.17
0.01-0.37-0.490.27-0.120.46-0.390.570.140.360.45-0.590.64-0.35-0.3-0.770.690.390.54-0.44-0.83-0.080.68-0.310.3
0.560.640.910.33-0.01-0.010.67-0.310.24-0.080.05-0.59-0.090.830.730.76-0.23-0.04-0.230.60.80.13-0.410.130.03
0.270.02-0.040.370.020.44-0.060.330.40.260.370.64-0.090.120.13-0.40.920.410.46-0.08-0.410.040.47-0.20.37
0.80.340.920.510.130.210.760.040.510.290.44-0.350.830.120.550.70.110.11-0.060.670.60.42-0.280.460.2
0.620.530.650.62-0.390.420.58-0.250.140.0-0.17-0.30.730.130.550.310.010.430.240.60.410.06-0.07-0.120.49
0.280.320.7-0.140.45-0.460.5-0.520.13-0.11-0.01-0.770.76-0.40.70.31-0.43-0.52-0.670.440.930.01-0.80.33-0.43
0.32-0.23-0.090.410.120.51-0.030.480.550.390.430.69-0.230.920.110.01-0.430.470.510.0-0.50.120.47-0.080.44
0.59-0.040.10.86-0.730.970.340.620.190.470.180.39-0.040.410.110.43-0.520.470.960.3-0.50.520.730.120.99
0.46-0.11-0.070.77-0.720.930.140.720.140.460.250.54-0.230.46-0.060.24-0.670.510.960.1-0.680.50.860.090.92
0.650.210.640.47-0.090.310.8-0.070.440.28-0.03-0.440.6-0.080.670.60.440.00.30.10.420.27-0.170.250.43
0.120.450.65-0.180.32-0.480.45-0.670.02-0.33-0.25-0.830.8-0.410.60.410.93-0.5-0.5-0.680.42-0.11-0.840.11-0.41
0.520.040.380.5-0.380.520.350.720.220.40.46-0.080.130.040.420.060.010.120.520.50.27-0.110.420.860.53
0.18-0.1-0.260.47-0.610.68-0.170.790.120.320.350.68-0.410.47-0.28-0.07-0.80.470.730.86-0.17-0.840.420.050.64
0.4-0.120.370.180.020.140.340.480.190.370.45-0.310.13-0.20.46-0.120.33-0.080.120.090.250.110.860.050.16
0.65-0.040.170.88-0.690.970.440.570.240.50.170.30.030.370.20.49-0.430.440.990.920.43-0.410.530.640.16
Click cells to compare fundamentals

CITIC Guoan Account Relationship Matchups

CITIC Guoan fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets13.3B10.0B5.9B6.2B7.2B11.1B
Other Current Liab2.6B2.1B1.7B74.3M85.5M81.2M
Total Current Liabilities7.2B6.2B4.3B3.8B4.4B4.1B
Total Stockholder Equity5.9B3.8B1.0B1.3B1.5B1.4B
Other Liab257.8M152.1M262.2M766.6M881.6M925.7M
Retained Earnings203.2M(1.2B)(2.6B)(3.4B)(3.1B)(2.9B)
Accounts Payable473.7M1.4B401.3M561.0M645.1M739.8M
Cash750.4M655.5M357.5M317.2M285.4M271.2M
Other Assets405.8M292.2M422.9M274.8M316.0M345.1M
Long Term Debt492.1M368.3M429.3M665.7M765.6M1.4B
Net Receivables851.0M923.8M649.8M801.1M921.2M939.3M
Inventory2.5B2.1B1.2B1.3B1.6B1.1B
Other Current Assets281.6M328.3M98.6M71.5M82.2M78.1M
Total Liab7.8B7.0B5.6B5.6B6.5B5.8B
Intangible Assets685.8M192.5M7.0M6.7M7.7M7.3M
Property Plant Equipment1.1B250.1M309.3M248.4M223.6M212.4M
Net Tangible Assets7.9B5.2B3.6B1.0B927.6M881.2M
Other Stockholder Equity22.4M(260.5M)(837.5M)(1.9B)(1.7B)(1.6B)
Deferred Long Term Liab84.8M63.6M43.3M48.2M43.3M53.3M
Short Long Term Debt1.9B1.5B918.6M755.3M679.8M645.8M
Total Current Assets4.8B4.3B2.5B2.8B2.5B3.3B
Non Current Assets Total8.5B5.7B3.4B3.4B3.1B2.9B
Non Currrent Assets Other132.1M132.9M2.6M6.5M5.9M5.6M
Non Current Liabilities Total691.7M752.5M1.3B1.9B1.7B1.3B
Non Current Liabilities Other44.6M180.3M650.6M644.6M741.3M567.5M
Net Debt1.7B1.2B990.4M1.1B993.5M1.5B
Net Invested Capital8.3B5.6B2.4B2.7B2.4B2.3B
Net Working Capital(2.3B)(1.9B)(1.8B)(1.0B)(1.2B)(1.2B)
Property Plant And Equipment Net250.1M309.3M248.4M235.7M212.1M343.3M
Property Plant And Equipment Gross565.2M611.2M248.4M474.3M426.8M525.2M

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Other Information on Investing in CITIC Stock

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