Yantai Interest Income vs Selling General Administrative Analysis

002353 Stock   36.42  0.57  1.59%   
Yantai Jereh financial indicator trend analysis is more than just analyzing Yantai Jereh Oilfield current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yantai Jereh Oilfield is a good investment. Please check the relationship between Yantai Jereh Interest Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yantai Jereh Oilfield. 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.

Interest Income vs Selling General Administrative

Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yantai Jereh Oilfield Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Yantai Jereh's Interest Income and Selling General Administrative is 0.29. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Yantai Jereh Oilfield, assuming nothing else is changed. The correlation between historical values of Yantai Jereh's Interest 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 Interest Income of Yantai Jereh Oilfield 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 Interest Income i.e., Yantai Jereh's Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Selling General Administrative

Most indicators from Yantai Jereh's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yantai Jereh Oilfield 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 Yantai Jereh Oilfield. 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 526.7 M, whereas Selling General Administrative is forecasted to decline to about 356.5 M.
 2022 2023 2024 2025 (projected)
Operating Income2.5B3.1B3.5B3.7B
Total Revenue11.4B13.9B16.0B16.8B

Yantai Jereh fundamental ratios Correlations

0.420.981.00.961.00.980.980.960.940.960.760.990.960.590.980.920.360.590.660.84-0.50.87-0.370.880.95
0.420.540.390.390.40.550.380.370.470.610.420.480.510.480.420.180.10.05-0.090.41-0.580.630.050.470.21
0.980.540.960.930.980.990.960.960.930.970.771.00.930.540.940.870.310.610.610.86-0.530.93-0.260.90.93
1.00.390.960.960.990.960.980.940.940.940.750.970.970.630.990.910.390.550.660.82-0.490.84-0.420.850.94
0.960.390.930.960.970.940.930.950.910.90.740.940.960.530.930.910.30.520.620.85-0.580.85-0.460.870.93
1.00.40.980.990.970.970.980.970.950.950.740.980.960.560.960.920.350.570.660.85-0.550.88-0.370.880.96
0.980.550.990.960.940.970.950.960.930.960.810.990.950.540.940.850.330.620.580.87-0.510.92-0.270.910.92
0.980.380.960.980.930.980.950.950.920.940.70.970.930.560.950.930.270.630.670.83-0.510.85-0.290.850.94
0.960.370.960.940.950.970.960.950.890.890.770.970.910.40.90.910.270.710.660.89-0.510.85-0.270.90.98
0.940.470.930.940.910.950.930.920.890.930.710.930.950.620.920.790.360.420.570.79-0.570.88-0.340.830.85
0.960.610.970.940.90.950.960.940.890.930.670.970.940.640.930.850.30.460.560.79-0.60.94-0.290.850.85
0.760.420.770.750.740.740.810.70.770.710.670.760.760.420.740.570.280.550.420.72-0.280.58-0.150.720.72
0.990.481.00.970.940.980.990.970.970.930.970.760.940.520.940.90.310.630.640.86-0.520.92-0.280.90.95
0.960.510.930.970.960.960.950.930.910.950.940.760.940.660.960.840.420.430.550.83-0.610.86-0.440.850.87
0.590.480.540.630.530.560.540.560.40.620.640.420.520.660.710.420.43-0.050.230.5-0.320.44-0.380.520.34
0.980.420.940.990.930.960.940.950.90.920.930.740.940.960.710.880.430.50.610.79-0.440.8-0.460.810.89
0.920.180.870.910.910.920.850.930.910.790.850.570.90.840.420.880.170.640.720.77-0.460.76-0.360.790.94
0.360.10.310.390.30.350.330.270.270.360.30.280.310.420.430.430.17-0.110.210.260.050.26-0.690.270.29
0.590.050.610.550.520.570.620.630.710.420.460.550.630.43-0.050.50.64-0.110.540.60.040.450.190.580.73
0.66-0.090.610.660.620.660.580.670.660.570.560.420.640.550.230.610.720.210.540.57-0.120.49-0.280.570.74
0.840.410.860.820.850.850.870.830.890.790.790.720.860.830.50.790.770.260.60.57-0.50.79-0.110.990.84
-0.5-0.58-0.53-0.49-0.58-0.55-0.51-0.51-0.51-0.57-0.6-0.28-0.52-0.61-0.32-0.44-0.460.050.04-0.12-0.5-0.640.08-0.53-0.4
0.870.630.930.840.850.880.920.850.850.880.940.580.920.860.440.80.760.260.450.490.79-0.64-0.20.860.8
-0.370.05-0.26-0.42-0.46-0.37-0.27-0.29-0.27-0.34-0.29-0.15-0.28-0.44-0.38-0.46-0.36-0.690.19-0.28-0.110.08-0.2-0.11-0.31
0.880.470.90.850.870.880.910.850.90.830.850.720.90.850.520.810.790.270.580.570.99-0.530.86-0.110.85
0.950.210.930.940.930.960.920.940.980.850.850.720.950.870.340.890.940.290.730.740.84-0.40.8-0.310.85
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Yantai Jereh Account Relationship Matchups

Yantai Jereh fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets18.8B19.5B29.2B31.8B36.5B38.4B
Other Current Liab2.4B1.8B2.7B645.7M742.6M878.9M
Total Current Liabilities6.6B6.2B10.1B9.7B11.2B11.7B
Total Stockholder Equity11.1B12.5B17.3B19.3B22.2B23.3B
Other Liab158.8M234.9M306.7M458.1M526.9M553.2M
Retained Earnings6.7B8.1B10.2B12.0B13.8B14.5B
Accounts Payable2.9B2.9B5.4B4.6B5.3B5.6B
Cash2.9B3.1B4.0B4.8B5.5B5.8B
Other Assets309.0M762.1M963.7M2.0B2.2B2.4B
Net Receivables3.3B7.0B5.8B6.4B7.4B7.7B
Inventory4.8B4.2B5.0B5.1B5.9B6.2B
Other Current Assets292.7M701.9M2.7B1.5B1.7B1.8B
Total Liab7.4B6.7B11.1B11.6B13.4B14.0B
Intangible Assets497.8M640.6M813.2M726.3M835.2M877.0M
Property Plant Equipment2.4B2.6B2.7B4.1B4.8B5.0B
Long Term Debt570.3M239M551.8M1.0B1.2B1.2B
Short Term Investments232.7M25.9M2.1B1.8B2.0B2.1B
Net Tangible Assets9.1B10.4B11.8B16.4B18.8B10.7B
Other Stockholder Equity(77.9M)(224.9M)(245.5M)(159.3M)(143.3M)(150.5M)
Total Current Assets14.6B15.0B21.8B22.6B26.0B14.5B
Non Current Assets Total4.2B4.5B7.4B9.2B10.5B11.1B
Non Currrent Assets Other156.9M40.2M182.5M109.0M125.3M115.2M
Non Current Liabilities Total805.2M548.3M1.0B1.9B2.2B2.3B
Short Long Term Debt1.0B711.3M1.7B2.1B2.4B2.5B
Non Current Liabilities Other9.9M19.3M26.0M26.2M30.2M17.8M
Net Invested Capital12.7B13.4B19.5B22.4B25.8B15.2B
Net Working Capital8.0B8.9B11.8B12.9B14.9B9.4B
Property Plant And Equipment Net2.6B2.7B4.1B5.2B6.0B3.8B
Property Plant And Equipment Gross4.3B4.6B3.5B4.4B3.9B3.3B

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Other Information on Investing in Yantai Stock

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