Xinjiang Net Income vs Gross Profit Analysis

002202 Stock

10.66 0.02 0.19%

Xinjiang Goldwind financial indicator trend analysis is more than just analyzing Xinjiang Goldwind Science current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Goldwind Science is a good investment. Please check the relationship between Xinjiang Goldwind Net Income and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Goldwind Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Goldwind Science Net Income account and Gross Profit. At this time, the significance of the direction appears to have very week relationship.

The correlation between Xinjiang Goldwind's Net Income and Gross Profit is 0.29. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Xinjiang Goldwind Science, assuming nothing else is changed. The correlation between historical values of Xinjiang Goldwind's Net Income and Gross Profit 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 Xinjiang Goldwind Science are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Xinjiang Goldwind's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.29

Relationship Direction	Positive
Relationship Strength	Very Weak

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Net Income

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Xinjiang Goldwind Science minus its cost of goods sold. It is profit before Xinjiang Goldwind 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.

Most indicators from Xinjiang Goldwind's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Goldwind Science 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 Xinjiang Goldwind Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of December 18, 2024, Selling General Administrative is expected to decline to about 2.3 B. In addition to that, Tax Provision is expected to decline to about 550.9 M

	2021	2022	2023	2024 (projected)
Operating Income	5.1B	1.7B	1.9B	2.1B
Total Revenue	50.6B	46.4B	50.5B	25.8B

Operating Income Total Revenue

Xinjiang Goldwind fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.5	0.99	0.99	0.99	0.99	0.99	0.59	0.98	0.97	0.81	0.9	0.85	0.39	1.0	0.97	0.75	0.99	-0.39	0.91	0.86	0.87	0.84	0.23	0.92	0.83
Other Current Liab	0.5		0.52	0.57	0.5	0.54	0.41	0.26	0.51	0.43	0.67	0.31	0.11	0.79	0.47	0.41	0.66	0.48	0.3	0.55	0.62	0.61	0.65	0.66	0.49	0.6
Total Current Liabilities	0.99	0.52		0.98	0.97	0.97	0.99	0.59	0.97	0.94	0.79	0.91	0.87	0.43	0.99	0.96	0.74	0.98	-0.4	0.91	0.85	0.88	0.84	0.22	0.92	0.81
Total Stockholder Equity	0.99	0.57	0.98		0.98	0.98	0.97	0.61	0.97	0.95	0.86	0.87	0.8	0.43	0.98	0.95	0.81	0.98	-0.32	0.9	0.88	0.87	0.85	0.29	0.89	0.84
Other Liab	0.99	0.5	0.97	0.98		0.99	0.97	0.52	0.99	0.97	0.81	0.87	0.79	0.38	0.99	0.94	0.73	1.0	-0.35	0.9	0.88	0.86	0.84	0.27	0.88	0.85
Retained Earnings	0.99	0.54	0.97	0.98	0.99		0.97	0.51	0.99	0.97	0.82	0.88	0.77	0.41	0.98	0.97	0.74	0.99	-0.33	0.92	0.9	0.9	0.89	0.3	0.9	0.88
Accounts Payable	0.99	0.41	0.99	0.97	0.97	0.97		0.61	0.97	0.95	0.76	0.92	0.88	0.31	0.99	0.98	0.7	0.98	-0.49	0.9	0.81	0.87	0.81	0.12	0.92	0.77
Cash	0.59	0.26	0.59	0.61	0.52	0.51	0.61		0.48	0.56	0.69	0.43	0.55	0.05	0.59	0.53	0.71	0.53	-0.38	0.55	0.41	0.49	0.43	-0.04	0.65	0.37
Other Assets	0.98	0.51	0.97	0.97	0.99	0.99	0.97	0.48		0.96	0.79	0.9	0.79	0.41	0.98	0.96	0.71	0.99	-0.34	0.91	0.89	0.89	0.88	0.28	0.89	0.87
Long Term Debt	0.97	0.43	0.94	0.95	0.97	0.97	0.95	0.56	0.96		0.81	0.83	0.78	0.31	0.97	0.94	0.71	0.97	-0.32	0.85	0.85	0.81	0.82	0.25	0.88	0.87
Net Receivables	0.81	0.67	0.79	0.86	0.81	0.82	0.76	0.69	0.79	0.81		0.59	0.52	0.47	0.8	0.72	0.95	0.8	-0.03	0.81	0.81	0.79	0.83	0.43	0.78	0.81
Short Term Investments	0.9	0.31	0.91	0.87	0.87	0.88	0.92	0.43	0.9	0.83	0.59		0.88	0.33	0.9	0.94	0.58	0.89	-0.51	0.87	0.74	0.88	0.8	0.09	0.86	0.68
Inventory	0.85	0.11	0.87	0.8	0.79	0.77	0.88	0.55	0.79	0.78	0.52	0.88		0.23	0.86	0.85	0.52	0.81	-0.53	0.72	0.58	0.67	0.6	-0.08	0.8	0.58
Other Current Assets	0.39	0.79	0.43	0.43	0.38	0.41	0.31	0.05	0.41	0.31	0.47	0.33	0.23		0.37	0.31	0.51	0.37	0.33	0.43	0.43	0.51	0.55	0.47	0.39	0.5
Total Liab	1.0	0.47	0.99	0.98	0.99	0.98	0.99	0.59	0.98	0.97	0.8	0.9	0.86	0.37		0.97	0.73	0.99	-0.41	0.91	0.85	0.87	0.84	0.21	0.92	0.83
Intangible Assets	0.97	0.41	0.96	0.95	0.94	0.97	0.98	0.53	0.96	0.94	0.72	0.94	0.85	0.31	0.97		0.67	0.96	-0.5	0.92	0.83	0.9	0.85	0.13	0.93	0.8
Common Stock	0.75	0.66	0.74	0.81	0.73	0.74	0.7	0.71	0.71	0.71	0.95	0.58	0.52	0.51	0.73	0.67		0.72	-0.02	0.76	0.73	0.76	0.8	0.4	0.71	0.71
Property Plant Equipment	0.99	0.48	0.98	0.98	1.0	0.99	0.98	0.53	0.99	0.97	0.8	0.89	0.81	0.37	0.99	0.96	0.72		-0.37	0.91	0.88	0.87	0.85	0.25	0.9	0.85
Good Will	-0.39	0.3	-0.4	-0.32	-0.35	-0.33	-0.49	-0.38	-0.34	-0.32	-0.03	-0.51	-0.53	0.33	-0.41	-0.5	-0.02	-0.37		-0.39	-0.06	-0.34	-0.11	0.71	-0.44	0.06
Net Tangible Assets	0.91	0.55	0.91	0.9	0.9	0.92	0.9	0.55	0.91	0.85	0.81	0.87	0.72	0.43	0.91	0.92	0.76	0.91	-0.39		0.9	0.97	0.93	0.27	0.96	0.82
Other Stockholder Equity	0.86	0.62	0.85	0.88	0.88	0.9	0.81	0.41	0.89	0.85	0.81	0.74	0.58	0.43	0.85	0.83	0.73	0.88	-0.06	0.9		0.85	0.9	0.6	0.82	0.95
Deferred Long Term Liab	0.87	0.61	0.88	0.87	0.86	0.9	0.87	0.49	0.89	0.81	0.79	0.88	0.67	0.51	0.87	0.9	0.76	0.87	-0.34	0.97	0.85		0.96	0.28	0.92	0.79
Long Term Investments	0.84	0.65	0.84	0.85	0.84	0.89	0.81	0.43	0.88	0.82	0.83	0.8	0.6	0.55	0.84	0.85	0.8	0.85	-0.11	0.93	0.9	0.96		0.47	0.86	0.9
Short Long Term Debt	0.23	0.66	0.22	0.29	0.27	0.3	0.12	-0.04	0.28	0.25	0.43	0.09	-0.08	0.47	0.21	0.13	0.4	0.25	0.71	0.27	0.6	0.28	0.47		0.17	0.61
Total Current Assets	0.92	0.49	0.92	0.89	0.88	0.9	0.92	0.65	0.89	0.88	0.78	0.86	0.8	0.39	0.92	0.93	0.71	0.9	-0.44	0.96	0.82	0.92	0.86	0.17		0.79
Short Term Debt	0.83	0.6	0.81	0.84	0.85	0.88	0.77	0.37	0.87	0.87	0.81	0.68	0.58	0.5	0.83	0.8	0.71	0.85	0.06	0.82	0.95	0.79	0.9	0.61	0.79

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Xinjiang Goldwind Account Relationship Matchups

Xinjiang Goldwind fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	103.1B	109.1B	119.4B	136.8B	143.5B	150.7B
Other Current Liab	17.6B	12.2B	11.7B	11.7B	2.7B	2.6B
Total Current Liabilities	49.6B	47.8B	49.9B	59.1B	63.0B	66.2B
Total Stockholder Equity	30.7B	34.2B	35.5B	38.1B	37.6B	39.5B
Other Liab	4.6B	5.2B	6.4B	6.6B	7.6B	8.0B
Retained Earnings	12.7B	14.9B	17.2B	16.9B	17.5B	18.4B
Accounts Payable	25.4B	28.6B	31.9B	39.5B	41.6B	43.7B
Cash	7.2B	8.3B	8.6B	15.6B	14.2B	7.3B
Other Assets	14.1B	15.2B	17.3B	18.8B	21.7B	22.7B
Long Term Debt	16.9B	18.0B	24.4B	28.4B	28.2B	29.6B
Net Receivables	20.7B	20.8B	23.6B	24.3B	25.5B	13.4B
Inventory	8.1B	5.7B	4.8B	9.8B	15.3B	16.0B
Other Current Assets	12.0B	3.3B	4.7B	2.0B	2.6B	2.4B
Total Liab	70.8B	74.2B	82.9B	96.5B	103.3B	108.4B
Intangible Assets	4.0B	4.8B	6.2B	7.1B	7.4B	7.8B
Property Plant Equipment	25.5B	29.8B	35.6B	39.2B	45.1B	47.4B
Good Will	470.2M	354.8M	163.3M	178.2M	107.4M	102.0M
Net Tangible Assets	21.2B	26.8B	29.7B	29.9B	34.4B	25.4B
Other Stockholder Equity	1.5B	1.6B	2.9B	2.0B	2.3B	1.7B
Deferred Long Term Liab	541.5M	724.9M	737.4M	807.1M	928.2M	498.2M
Short Long Term Debt	2.0B	2.6B	471.5M	1.2B	386.1M	366.8M
Total Current Assets	48.4B	44.0B	47.9B	62.4B	63.8B	47.8B
Non Current Assets Total	54.6B	65.1B	71.4B	74.4B	79.7B	63.9B
Non Currrent Assets Other	4.5B	39.4B	10.8B	12.1B	11.8B	11.8B
Non Current Liabilities Total	21.3B	26.3B	33.1B	37.3B	40.2B	30.3B
Non Current Liabilities Other	2.5B	3.4B	3.7B	3.3B	5.4B	3.4B
Net Debt	10.1B	12.4B	16.3B	13.9B	14.3B	14.6B
Net Invested Capital	48.0B	54.8B	60.4B	67.6B	66.1B	60.2B
Net Working Capital	(1.1B)	(3.8B)	(2.0B)	3.2B	809.9M	850.4M

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Other Information on Investing in Xinjiang Stock

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

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Xinjiang Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Xinjiang Goldwind fundamental ratios Correlations

Xinjiang Goldwind Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xinjiang Goldwind fundamental ratios Accounts

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Other Information on Investing in Xinjiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Other Liab
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Other Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets

Good Will	- 0.53	Inventory
Good Will	- 0.51	Short Term Investments
Good Will	- 0.5	Intangible Assets
Good Will	- 0.49	Accounts Payable
Total Current Assets	- 0.44	Good Will
Good Will	- 0.41	Total Liab