Xinjiang Other Operating Expenses vs Net Income Analysis

002202 Stock

9.89 0.02 0.20%

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 Other Operating Expenses and its Net Income 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.

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Goldwind Science Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Xinjiang Goldwind's Other Operating Expenses and Net Income is -0.52. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income 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 Other Operating Expenses 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 Other Operating Expenses of Xinjiang Goldwind Science 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 Other Operating Expenses i.e., Xinjiang Goldwind's Other Operating Expenses and Net Income go up and down completely randomly.

Correlation Coefficient

-0.52

Relationship Direction	Negative
Relationship Strength	Very Weak

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Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Xinjiang Goldwind Science. It is also known as Xinjiang Goldwind overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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.

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.

The current year's Tax Provision is expected to grow to about 1.2 B, whereas Selling General Administrative is forecasted to decline to about 2.3 B.

	2022	2023	2024	2025 (projected)
Operating Income	1.7B	1.9B	2.2B	2.1B
Total Revenue	46.4B	50.5B	58.0B	60.9B

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		0.41	1.0	0.99	0.98	0.99	0.99	0.81	0.97	0.98	0.97	0.92	0.89	0.33	1.0	0.98	0.72	0.98	-0.51	0.9	0.84	0.86	0.82	0.08	0.9	0.81
Other Current Liab	0.41		0.43	0.48	0.51	0.47	0.33	0.09	0.52	0.36	0.44	0.24	0.06	0.79	0.39	0.34	0.58	0.49	0.28	0.5	0.6	0.54	0.59	0.65	0.33	0.59
Total Current Liabilities	1.0	0.43		0.98	0.97	0.98	0.99	0.81	0.97	0.95	0.96	0.93	0.9	0.37	1.0	0.97	0.71	0.97	-0.52	0.9	0.82	0.86	0.82	0.07	0.91	0.79
Total Stockholder Equity	0.99	0.48	0.98		0.98	0.99	0.98	0.8	0.98	0.96	0.98	0.9	0.85	0.38	0.99	0.96	0.78	0.99	-0.45	0.9	0.86	0.87	0.84	0.15	0.88	0.83
Other Liab	0.98	0.51	0.97	0.98		0.99	0.96	0.72	0.99	0.97	0.96	0.87	0.78	0.37	0.97	0.94	0.75	1.0	-0.41	0.9	0.89	0.87	0.85	0.2	0.86	0.85
Retained Earnings	0.99	0.47	0.98	0.99	0.99		0.97	0.73	1.0	0.97	0.96	0.91	0.82	0.36	0.99	0.97	0.73	1.0	-0.46	0.92	0.88	0.89	0.87	0.16	0.88	0.86
Accounts Payable	0.99	0.33	0.99	0.98	0.96	0.97		0.84	0.95	0.96	0.95	0.94	0.91	0.27	0.99	0.98	0.68	0.97	-0.6	0.89	0.79	0.85	0.79	-0.02	0.91	0.75
Cash	0.81	0.09	0.81	0.8	0.72	0.73	0.84		0.69	0.78	0.81	0.74	0.86	0.01	0.82	0.78	0.57	0.74	-0.64	0.62	0.49	0.54	0.45	-0.23	0.74	0.46
Other Assets	0.97	0.52	0.97	0.98	0.99	1.0	0.95	0.69		0.96	0.95	0.89	0.79	0.4	0.97	0.96	0.73	0.99	-0.41	0.92	0.89	0.9	0.89	0.21	0.87	0.87
Long Term Debt	0.98	0.36	0.95	0.96	0.97	0.97	0.96	0.78	0.96		0.96	0.87	0.84	0.27	0.98	0.95	0.69	0.97	-0.45	0.86	0.84	0.82	0.81	0.11	0.87	0.85
Net Receivables	0.97	0.44	0.96	0.98	0.96	0.96	0.95	0.81	0.95	0.96		0.84	0.84	0.36	0.97	0.91	0.78	0.96	-0.38	0.83	0.82	0.79	0.78	0.14	0.83	0.82
Short Term Investments	0.92	0.24	0.93	0.9	0.87	0.91	0.94	0.74	0.89	0.87	0.84		0.91	0.28	0.93	0.95	0.58	0.88	-0.61	0.86	0.73	0.86	0.78	-0.04	0.86	0.68
Inventory	0.89	0.06	0.9	0.85	0.78	0.82	0.91	0.86	0.79	0.84	0.84	0.91		0.18	0.9	0.89	0.52	0.8	-0.63	0.72	0.58	0.68	0.6	-0.2	0.83	0.57
Other Current Assets	0.33	0.79	0.37	0.38	0.37	0.36	0.27	0.01	0.4	0.27	0.36	0.28	0.18		0.32	0.27	0.51	0.36	0.3	0.42	0.43	0.49	0.54	0.46	0.33	0.5
Total Liab	1.0	0.39	1.0	0.99	0.97	0.99	0.99	0.82	0.97	0.98	0.97	0.93	0.9	0.32		0.98	0.7	0.98	-0.53	0.9	0.83	0.85	0.81	0.06	0.91	0.81
Intangible Assets	0.98	0.34	0.97	0.96	0.94	0.97	0.98	0.78	0.96	0.95	0.91	0.95	0.89	0.27	0.98		0.66	0.96	-0.59	0.91	0.81	0.88	0.83	0.0	0.91	0.78
Common Stock	0.72	0.58	0.71	0.78	0.75	0.73	0.68	0.57	0.73	0.69	0.78	0.58	0.52	0.51	0.7	0.66		0.74	-0.1	0.78	0.75	0.78	0.81	0.33	0.72	0.73
Property Plant Equipment	0.98	0.49	0.97	0.99	1.0	1.0	0.97	0.74	0.99	0.97	0.96	0.88	0.8	0.36	0.98	0.96	0.74		-0.44	0.92	0.89	0.88	0.86	0.18	0.88	0.86
Good Will	-0.51	0.28	-0.52	-0.45	-0.41	-0.46	-0.6	-0.64	-0.41	-0.45	-0.38	-0.61	-0.63	0.3	-0.53	-0.59	-0.1	-0.44		-0.45	-0.13	-0.41	-0.2	0.73	-0.55	-0.02
Net Tangible Assets	0.9	0.5	0.9	0.9	0.9	0.92	0.89	0.62	0.92	0.86	0.83	0.86	0.72	0.42	0.9	0.91	0.78	0.92	-0.45		0.9	0.98	0.93	0.19	0.95	0.83
Other Stockholder Equity	0.84	0.6	0.82	0.86	0.89	0.88	0.79	0.49	0.89	0.84	0.82	0.73	0.58	0.43	0.83	0.81	0.75	0.89	-0.13	0.9		0.85	0.91	0.52	0.8	0.96
Deferred Long Term Liab	0.86	0.54	0.86	0.87	0.87	0.89	0.85	0.54	0.9	0.82	0.79	0.86	0.68	0.49	0.85	0.88	0.78	0.88	-0.41	0.98	0.85		0.96	0.19	0.91	0.8
Long Term Investments	0.82	0.59	0.82	0.84	0.85	0.87	0.79	0.45	0.89	0.81	0.78	0.78	0.6	0.54	0.81	0.83	0.81	0.86	-0.2	0.93	0.91	0.96		0.39	0.85	0.9
Short Long Term Debt	0.08	0.65	0.07	0.15	0.2	0.16	-0.02	-0.23	0.21	0.11	0.14	-0.04	-0.2	0.46	0.06	0.0	0.33	0.18	0.73	0.19	0.52	0.19	0.39		0.02	0.54
Total Current Assets	0.9	0.33	0.91	0.88	0.86	0.88	0.91	0.74	0.87	0.87	0.83	0.86	0.83	0.33	0.91	0.91	0.72	0.88	-0.55	0.95	0.8	0.91	0.85	0.02		0.77
Short Term Debt	0.81	0.59	0.79	0.83	0.85	0.86	0.75	0.46	0.87	0.85	0.82	0.68	0.57	0.5	0.81	0.78	0.73	0.86	-0.02	0.83	0.96	0.8	0.9	0.54	0.77

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Xinjiang Goldwind Account Relationship Matchups

Xinjiang Goldwind fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	109.1B	119.4B	136.8B	143.5B	165.0B	173.3B
Other Current Liab	12.2B	11.7B	11.7B	2.7B	3.1B	5.6B
Total Current Liabilities	47.8B	49.9B	59.1B	63.0B	72.5B	76.1B
Total Stockholder Equity	34.2B	35.5B	38.1B	37.6B	43.3B	45.4B
Other Liab	4.6B	5.2B	6.4B	6.6B	7.6B	8.0B
Retained Earnings	14.9B	17.2B	16.9B	17.5B	20.2B	21.2B
Accounts Payable	28.6B	31.9B	39.5B	41.6B	47.9B	50.3B
Cash	8.3B	8.6B	15.6B	14.2B	16.4B	17.2B
Other Assets	14.1B	15.2B	17.3B	18.8B	21.7B	22.7B
Long Term Debt	18.0B	24.4B	28.4B	28.2B	32.4B	34.0B
Net Receivables	20.8B	23.6B	24.3B	25.5B	29.4B	30.8B
Inventory	5.7B	4.8B	9.8B	15.3B	17.5B	18.4B
Other Current Assets	3.3B	4.7B	2.0B	2.6B	3.0B	2.4B
Total Liab	74.2B	82.9B	96.5B	103.3B	118.8B	124.7B
Intangible Assets	4.8B	6.2B	7.1B	7.4B	8.5B	9.0B
Property Plant Equipment	25.5B	29.8B	35.6B	39.2B	45.1B	47.4B
Good Will	354.8M	163.3M	178.2M	107.4M	96.6M	91.8M
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	2.6B	471.5M	1.2B	386.1M	347.5M	330.1M
Total Current Assets	44.0B	47.9B	62.4B	63.8B	73.4B	47.8B
Non Current Assets Total	65.1B	71.4B	74.4B	79.7B	91.6B	63.9B
Non Currrent Assets Other	39.4B	10.8B	12.1B	11.8B	13.6B	11.8B
Non Current Liabilities Total	26.3B	33.1B	37.3B	40.2B	46.3B	30.3B
Non Current Liabilities Other	3.4B	3.7B	3.3B	5.4B	6.2B	3.4B
Net Debt	12.4B	16.3B	13.9B	14.3B	16.4B	14.6B
Net Invested Capital	54.8B	60.4B	67.6B	66.1B	76.1B	60.2B
Net Working Capital	(3.8B)	(2.0B)	3.2B	809.9M	728.9M	765.3M
Property Plant And Equipment Net	35.6B	39.2B	39.8B	44.3B	50.9B	41.5B
Capital Lease Obligations	1.9B	2.0B	2.6B	5.0B	5.7B	6.0B
Property Plant And Equipment Gross	40.9B	45.2B	39.8B	44.3B	50.9B	45.0B

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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 Other Operating Expenses vs Net Income Analysis

Other Operating Expenses vs Net Income

Other Operating Expenses vs Net Income Correlation Analysis

Correlation Coefficient

Other Operating Expenses

Net Income

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

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COMPANY

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

Good Will	- 0.64	Cash
Good Will	- 0.63	Inventory
Good Will	- 0.61	Short Term Investments
Good Will	- 0.6	Accounts Payable
Good Will	- 0.59	Intangible Assets
Total Current Assets	- 0.55	Good Will