Henan Operating Income vs Net Income Analysis

000933 Stock

16.18 0.55 3.29%

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

Operating Income vs Net Income Correlation Analysis

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

The correlation between Henan Shenhuo's Operating Income and Net Income is 0.88. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Henan Shenhuo Coal, assuming nothing else is changed. The correlation between historical values of Henan Shenhuo's Operating 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 Operating Income of Henan Shenhuo Coal 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 Operating Income i.e., Henan Shenhuo's Operating Income and Net Income 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 Henan Shenhuo Coal 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 Henan Shenhuo Coal 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.

Net Income

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

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

At present, Henan Shenhuo's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 511.7 M, whereas Tax Provision is forecasted to decline to about 1.1 B.

	2021	2022	2023	2024 (projected)
Gross Profit	12.3B	13.4B	9.9B	6.6B
Research Development	145.4M	183.8M	429.0M	450.5M

Gross Profit Research Development

Henan Shenhuo 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	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	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Retained Earnings	Other Assets	Other Stockholder Equity	Other Liab	Long Term Debt
Total Assets		0.78	0.48	0.79	0.63	0.75	0.18	0.51	0.47	0.81	0.84	0.65	0.81	0.27	0.53	0.54	0.51	0.8	0.96	0.78	0.8	0.43	0.61	0.7	0.56	0.44
Short Long Term Debt Total	0.78		0.28	0.89	0.18	0.85	0.44	0.82	0.38	0.57	0.92	0.5	0.53	0.34	0.71	0.66	0.53	0.92	0.72	0.95	0.85	-0.02	0.28	0.75	0.29	0.61
Other Current Liab	0.48	0.28		0.32	0.47	0.25	-0.45	0.15	0.03	0.39	0.3	0.22	0.41	0.22	0.11	0.56	-0.03	0.3	0.56	0.35	0.25	0.44	0.47	0.38	0.43	0.1
Total Current Liabilities	0.79	0.89	0.32		0.09	0.82	0.37	0.63	0.72	0.6	0.91	0.58	0.54	0.41	0.55	0.69	0.6	0.98	0.76	0.91	0.83	-0.13	0.29	0.8	0.18	0.45
Total Stockholder Equity	0.63	0.18	0.47	0.09		0.13	-0.35	-0.11	-0.17	0.69	0.27	0.5	0.77	-0.17	-0.03	-0.05	-0.03	0.07	0.66	0.24	0.33	0.97	0.66	0.05	0.78	-0.1
Property Plant And Equipment Net	0.75	0.85	0.25	0.82	0.13		0.57	0.8	0.54	0.34	0.94	0.19	0.3	0.61	0.85	0.7	0.68	0.89	0.6	0.72	0.9	-0.07	0.12	0.91	0.16	0.75
Current Deferred Revenue	0.18	0.44	-0.45	0.37	-0.35	0.57		0.63	0.26	-0.15	0.46	-0.09	-0.2	0.29	0.59	0.26	0.52	0.45	-0.03	0.28	0.44	-0.49	-0.42	0.53	-0.11	0.56
Net Debt	0.51	0.82	0.15	0.63	-0.11	0.8	0.63		0.23	0.06	0.69	-0.04	0.03	0.53	0.87	0.71	0.46	0.73	0.34	0.65	0.61	-0.27	-0.1	0.77	0.08	0.86
Accounts Payable	0.47	0.38	0.03	0.72	-0.17	0.54	0.26	0.23		0.29	0.55	0.31	0.23	0.45	0.33	0.44	0.57	0.7	0.44	0.4	0.47	-0.33	0.16	0.57	-0.22	0.28
Cash	0.81	0.57	0.39	0.6	0.69	0.34	-0.15	0.06	0.29		0.58	0.94	0.99	-0.16	0.06	0.16	0.25	0.54	0.91	0.7	0.57	0.55	0.76	0.25	0.58	-0.05
Non Current Assets Total	0.84	0.92	0.3	0.91	0.27	0.94	0.46	0.69	0.55	0.58		0.48	0.54	0.41	0.69	0.64	0.66	0.94	0.75	0.87	0.96	0.05	0.3	0.84	0.3	0.55
Non Currrent Assets Other	0.65	0.5	0.22	0.58	0.5	0.19	-0.09	-0.04	0.31	0.94	0.48		0.91	-0.29	-0.11	0.07	0.17	0.48	0.78	0.68	0.48	0.38	0.64	0.12	0.49	-0.22
Cash And Short Term Investments	0.81	0.53	0.41	0.54	0.77	0.3	-0.2	0.03	0.23	0.99	0.54	0.91		-0.19	0.05	0.13	0.21	0.47	0.91	0.65	0.53	0.64	0.8	0.21	0.63	-0.06
Net Receivables	0.27	0.34	0.22	0.41	-0.17	0.61	0.29	0.53	0.45	-0.16	0.41	-0.29	-0.19		0.58	0.54	0.1	0.48	0.16	0.21	0.48	-0.26	-0.17	0.59	-0.04	0.58
Non Current Liabilities Total	0.53	0.71	0.11	0.55	-0.03	0.85	0.59	0.87	0.33	0.06	0.69	-0.11	0.05	0.58		0.7	0.53	0.69	0.37	0.47	0.62	-0.18	0.07	0.77	0.01	0.97
Inventory	0.54	0.66	0.56	0.69	-0.05	0.7	0.26	0.71	0.44	0.16	0.64	0.07	0.13	0.54	0.7		0.3	0.75	0.49	0.59	0.53	-0.17	0.09	0.75	0.0	0.7
Other Current Assets	0.51	0.53	-0.03	0.6	-0.03	0.68	0.52	0.46	0.57	0.25	0.66	0.17	0.21	0.1	0.53	0.3		0.63	0.35	0.43	0.49	-0.21	0.1	0.7	-0.13	0.47
Total Liab	0.8	0.92	0.3	0.98	0.07	0.89	0.45	0.73	0.7	0.54	0.94	0.48	0.47	0.48	0.69	0.75	0.63		0.73	0.89	0.85	-0.16	0.26	0.85	0.16	0.59
Total Current Assets	0.96	0.72	0.56	0.76	0.66	0.6	-0.03	0.34	0.44	0.91	0.75	0.78	0.91	0.16	0.37	0.49	0.35	0.73		0.78	0.72	0.49	0.73	0.54	0.57	0.28
Short Term Debt	0.78	0.95	0.35	0.91	0.24	0.72	0.28	0.65	0.4	0.7	0.87	0.68	0.65	0.21	0.47	0.59	0.43	0.89	0.78		0.81	0.05	0.35	0.64	0.37	0.35
Common Stock	0.8	0.85	0.25	0.83	0.33	0.9	0.44	0.61	0.47	0.57	0.96	0.48	0.53	0.48	0.62	0.53	0.49	0.85	0.72	0.81		0.13	0.26	0.74	0.4	0.46
Retained Earnings	0.43	-0.02	0.44	-0.13	0.97	-0.07	-0.49	-0.27	-0.33	0.55	0.05	0.38	0.64	-0.26	-0.18	-0.17	-0.21	-0.16	0.49	0.05	0.13		0.6	-0.16	0.73	-0.23
Other Assets	0.61	0.28	0.47	0.29	0.66	0.12	-0.42	-0.1	0.16	0.76	0.3	0.64	0.8	-0.17	0.07	0.09	0.1	0.26	0.73	0.35	0.26	0.6		0.14	0.57	-0.02
Other Stockholder Equity	0.7	0.75	0.38	0.8	0.05	0.91	0.53	0.77	0.57	0.25	0.84	0.12	0.21	0.59	0.77	0.75	0.7	0.85	0.54	0.64	0.74	-0.16	0.14		0.19	0.71
Other Liab	0.56	0.29	0.43	0.18	0.78	0.16	-0.11	0.08	-0.22	0.58	0.3	0.49	0.63	-0.04	0.01	0.0	-0.13	0.16	0.57	0.37	0.4	0.73	0.57	0.19		-0.08
Long Term Debt	0.44	0.61	0.1	0.45	-0.1	0.75	0.56	0.86	0.28	-0.05	0.55	-0.22	-0.06	0.58	0.97	0.7	0.47	0.59	0.28	0.35	0.46	-0.23	-0.02	0.71	-0.08

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Henan Shenhuo Account Relationship Matchups

Henan Shenhuo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	49.4B	60.6B	53.5B	60.5B	58.6B	61.6B
Short Long Term Debt Total	24.2B	27.2B	26.3B	27.1B	25.4B	13.9B
Other Current Liab	315.7M	30.4M	74.8M	4.8B	3.2B	3.3B
Total Current Liabilities	36.3B	40.3B	33.1B	34.7B	27.0B	17.8B
Total Stockholder Equity	7.8B	7.0B	9.4B	16.0B	19.8B	20.8B
Property Plant And Equipment Net	21.4B	26.4B	24.0B	22.8B	24.0B	14.5B
Current Deferred Revenue	2.2B	3.2B	5.2B	238.8M	432.0M	410.4M
Net Debt	13.9B	13.0B	15.8B	9.2B	13.3B	9.1B
Accounts Payable	11.8B	15.9B	6.6B	5.9B	3.0B	4.8B
Cash	10.3B	14.2B	10.5B	17.9B	12.0B	12.6B
Non Current Assets Total	33.6B	40.6B	37.7B	36.8B	39.2B	20.1B
Non Currrent Assets Other	2.5B	3.4B	2.9B	4.0B	2.1B	2.2B
Cash And Short Term Investments	10.3B	14.2B	10.5B	17.9B	14.0B	14.7B
Net Receivables	2.7B	2.6B	1.8B	2.2B	1.9B	2.0B
Liabilities And Stockholders Equity	49.4B	60.6B	53.5B	60.5B	58.6B	61.6B
Non Current Liabilities Total	4.3B	7.9B	6.1B	4.6B	7.0B	4.8B
Inventory	2.1B	2.1B	2.8B	3.1B	3.1B	2.0B
Other Current Assets	699.7M	1.3B	752.6M	385.4M	507.0M	292.5M
Total Liab	40.6B	48.2B	39.2B	39.3B	34.1B	22.2B
Total Current Assets	15.8B	20.1B	15.8B	23.6B	19.5B	20.4B
Short Term Debt	22.0B	21.2B	21.2B	23.8B	20.4B	10.3B
Retained Earnings	2.5B	547.7M	3.5B	9.5B	13.2B	13.9B
Other Assets	3.2B	1.0	6.4B	4.8B	5.6B	5.8B
Other Stockholder Equity	2.0B	2.7B	2.1B	2.1B	2.1B	1.7B
Other Liab	751.5M	810.3M	954.6M	1.4B	1.6B	1.6B
Long Term Debt	3.5B	6.0B	4.9B	3.2B	4.9B	5.0B
Short Term Investments	(1.3B)	(1.4B)	(1.2B)	9.0M	2.0B	2.1B
Intangible Assets	4.9B	4.6B	4.8B	5.2B	5.4B	3.4B
Property Plant Equipment	23.4B	26.4B	24.0B	22.8B	26.2B	16.7B
Net Tangible Assets	(400.2M)	2.3B	4.6B	10.8B	12.4B	13.1B
Deferred Long Term Liab	829.4M	1.0B	1.2B	13.9M	15.9M	15.1M
Short Long Term Debt	18.5B	17.2B	18.4B	21.9B	14.7B	18.0B
Non Current Liabilities Other	448.0M	571.4M	549.2M	921.8M	1.1B	1.3B
Net Invested Capital	28.5B	30.2B	32.6B	41.2B	39.5B	35.1B
Net Working Capital	(20.5B)	(20.2B)	(17.3B)	(11.0B)	(7.6B)	(8.0B)

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Other Information on Investing in Henan Stock

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

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Henan Operating Income vs Net Income Analysis

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

Correlation Coefficient

Operating Income

Net Income

Henan Shenhuo fundamental ratios Correlations

Henan Shenhuo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Henan Shenhuo fundamental ratios Accounts

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Other Information on Investing in Henan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.97	Total Stockholder Equity
Long Term Debt	+ 0.97	Non Current Liabilities Total
Total Current Assets	+ 0.96	Total Assets
Common Stock	+ 0.96	Non Current Assets Total

Retained Earnings	- 0.49	Current Deferred Revenue
Current Deferred Revenue	- 0.45	Other Current Liab
Other Assets	- 0.42	Current Deferred Revenue
Current Deferred Revenue	- 0.35	Total Stockholder Equity
Retained Earnings	- 0.33	Accounts Payable
Net Receivables	- 0.29	Non Currrent Assets Other