Xinxiang Operating Income vs Selling General Administrative Analysis

000949 Stock   4.15  0.07  1.72%   
Xinxiang Chemical financial indicator trend analysis is more than just analyzing Xinxiang Chemical Fiber current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinxiang Chemical Fiber is a good investment. Please check the relationship between Xinxiang Chemical Operating Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinxiang Chemical Fiber. 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 Selling General Administrative

Operating Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinxiang Chemical Fiber Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Xinxiang Chemical's Operating Income and Selling General Administrative is 0.0. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Xinxiang Chemical Fiber, assuming nothing else is changed. The correlation between historical values of Xinxiang Chemical's Operating Income and Selling General Administrative 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 Xinxiang Chemical Fiber are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Xinxiang Chemical's Operating Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Xinxiang Chemical Fiber 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 Xinxiang Chemical Fiber 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.

Selling General Administrative

Most indicators from Xinxiang Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinxiang Chemical Fiber 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 Xinxiang Chemical Fiber. 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 Selling General Administrative is expected to grow to about 144.4 M, whereas Tax Provision is forecasted to decline to about 59.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit321.8M570.6M656.2M898.1M
Research Development190.4M104.0M119.6M73.4M

Xinxiang Chemical fundamental ratios Correlations

0.97-0.120.910.981.00.40.920.880.941.00.20.890.940.650.510.930.980.980.880.930.920.950.330.730.95
0.97-0.160.920.910.980.320.980.860.870.980.050.80.970.620.380.850.990.940.920.870.850.950.210.770.96
-0.12-0.160.08-0.18-0.14-0.21-0.160.06-0.12-0.15-0.05-0.12-0.040.09-0.07-0.19-0.06-0.06-0.07-0.12-0.16-0.21-0.15-0.2-0.22
0.910.920.080.820.910.270.90.920.830.910.040.750.930.580.350.760.950.90.960.810.780.790.150.770.81
0.980.91-0.180.820.970.450.830.810.960.970.330.920.860.630.620.970.920.970.790.950.940.920.420.660.91
1.00.98-0.140.910.970.330.940.890.911.00.150.840.950.630.50.930.980.960.880.930.890.950.280.740.96
0.40.32-0.210.270.450.330.190.240.610.330.590.720.330.290.010.30.330.510.240.20.690.360.80.080.36
0.920.98-0.160.90.830.940.190.830.760.94-0.060.670.950.590.290.780.960.860.910.820.750.930.090.770.94
0.880.860.060.920.810.890.240.830.770.880.110.710.880.550.340.770.910.850.810.770.760.790.250.630.8
0.940.87-0.120.830.960.910.610.760.770.910.330.980.850.580.550.890.890.970.790.860.970.850.480.650.84
1.00.98-0.150.910.971.00.330.940.880.910.150.850.940.620.50.930.980.960.880.930.890.950.270.760.96
0.20.05-0.050.040.330.150.59-0.060.110.330.150.48-0.010.360.140.310.090.31-0.030.230.430.130.87-0.290.12
0.890.8-0.120.750.920.840.720.670.710.980.850.480.770.580.50.840.820.940.710.80.980.80.620.520.79
0.940.97-0.040.930.860.950.330.950.880.850.94-0.010.770.50.330.80.970.910.90.790.830.910.210.760.93
0.650.620.090.580.630.630.290.590.550.580.620.360.580.50.340.610.640.680.540.690.560.630.280.220.61
0.510.38-0.070.350.620.50.010.290.340.550.50.140.50.330.340.720.390.50.350.720.430.390.030.350.36
0.930.85-0.190.760.970.930.30.780.770.890.930.310.840.80.610.720.860.90.720.970.860.870.350.620.86
0.980.99-0.060.950.920.980.330.960.910.890.980.090.820.970.640.390.860.950.920.880.860.940.240.750.95
0.980.94-0.060.90.970.960.510.860.850.970.960.310.940.910.680.50.90.950.850.90.950.910.440.640.91
0.880.92-0.070.960.790.880.240.910.810.790.88-0.030.710.90.540.350.720.920.850.790.730.770.050.840.78
0.930.87-0.120.810.950.930.20.820.770.860.930.230.80.790.690.720.970.880.90.790.80.860.210.650.84
0.920.85-0.160.780.940.890.690.750.760.970.890.430.980.830.560.430.860.860.950.730.80.860.60.590.86
0.950.95-0.210.790.920.950.360.930.790.850.950.130.80.910.630.390.870.940.910.770.860.860.310.651.0
0.330.21-0.150.150.420.280.80.090.250.480.270.870.620.210.280.030.350.240.440.050.210.60.31-0.210.3
0.730.77-0.20.770.660.740.080.770.630.650.76-0.290.520.760.220.350.620.750.640.840.650.590.65-0.210.67
0.950.96-0.220.810.910.960.360.940.80.840.960.120.790.930.610.360.860.950.910.780.840.861.00.30.67
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Xinxiang Chemical Account Relationship Matchups

Xinxiang Chemical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.8B11.2B11.2B12.0B13.8B14.5B
Short Long Term Debt Total4.1B3.6B4.2B5.0B5.7B6.0B
Other Current Liab70.1M69.2M59.6M67.7M77.9M75.8M
Total Current Liabilities2.6B2.7B3.0B3.8B4.4B4.6B
Total Stockholder Equity3.8B6.2B5.5B5.4B6.3B6.6B
Property Plant And Equipment Net5.1B6.2B6.8B7.4B8.5B8.9B
Current Deferred Revenue75.3M261.1M110.3M91.0M104.6M69.5M
Net Debt3.2B2.0B2.9B3.7B4.2B4.5B
Accounts Payable495.4M876.4M1.0B1.2B1.4B1.5B
Cash911.9M1.6B1.3B1.3B1.5B1.6B
Non Current Assets Total5.5B6.6B7.5B8.0B9.2B9.7B
Non Currrent Assets Other10.1M566.8M45.7M37.0M42.6M67.9M
Cash And Short Term Investments911.9M2.2B1.3B1.3B1.5B1.6B
Net Receivables1.1B960.3M1.1B1.4B1.6B1.7B
Liabilities And Stockholders Equity8.8B11.2B11.2B12.0B13.8B14.5B
Inventory1.2B1.4B1.2B1.2B1.3B681.5M
Other Current Assets27.1M71.0M93.4M66.3M76.3M80.1M
Other Stockholder Equity1.6B2.4B2.3B2.2B2.6B2.7B
Total Liab4.9B5.0B5.7B6.4B7.4B7.8B
Total Current Assets3.2B4.6B3.7B4.0B4.6B4.8B
Short Term Debt1.9B1.5B1.8B2.5B2.8B3.0B
Retained Earnings655.3M1.9B1.3B1.3B1.5B1.5B
Non Current Liabilities Total2.4B2.3B2.6B2.6B3.0B3.2B
Short Term Investments(415.8K)550M20.0M50.0M57.5M78.2M
Other Assets1.095.2M130.6M314.6M361.8M379.8M
Long Term Debt2.1B2.1B2.4B2.5B2.9B3.1B
Property Plant Equipment5.2B5.1B6.2B6.8B7.8B8.2B
Other Liab140.2M229.8M243.4M220.0M252.9M138.4M
Intangible Assets139.7M137.8M283.4M276.0M317.4M333.3M
Net Tangible Assets3.7B3.7B6.1B5.2B6.0B4.4B
Short Long Term Debt885.9M474.9M801.7M811.7M933.5M744.0M
Net Invested Capital6.9B8.8B8.7B8.8B10.1B8.0B
Net Working Capital656.2M1.9B622.7M179.8M206.7M196.4M
Property Plant And Equipment Gross9.5B11.0B6.8B7.4B6.6B7.0B

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Other Information on Investing in Xinxiang Stock

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