Anhui Ebit vs Operating Income Analysis

002597 Stock   22.40  0.15  0.67%   
Anhui Jinhe financial indicator trend analysis is way more than just evaluating Anhui Jinhe Industrial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Jinhe Industrial is a good investment. Please check the relationship between Anhui Jinhe Ebit and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Jinhe Industrial. 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.

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anhui Jinhe Industrial Ebit account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anhui Jinhe's Ebit and Operating Income is 0.66. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Anhui Jinhe Industrial, assuming nothing else is changed. The correlation between historical values of Anhui Jinhe's Ebit and Operating 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 Ebit of Anhui Jinhe Industrial are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebit i.e., Anhui Jinhe's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Operating Income

Operating Income is the amount of profit realized from Anhui Jinhe Industrial 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 Anhui Jinhe Industrial 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.
Most indicators from Anhui Jinhe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Jinhe Industrial 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 Anhui Jinhe Industrial. 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 159 M, whereas Selling General Administrative is forecasted to decline to about 171.7 M.
 2022 2023 2024 2025 (projected)
Operating Income2.1B741.3M852.5M661.3M
Total Revenue7.3B5.3B6.1B3.9B

Anhui Jinhe fundamental ratios Correlations

0.80.370.831.00.610.960.71-0.760.980.930.950.960.76-0.160.640.960.820.680.870.25-0.650.850.860.630.82
0.80.570.90.750.420.640.44-0.460.730.740.730.650.910.110.830.830.970.860.540.38-0.430.970.940.760.5
0.370.570.520.330.310.2-0.31-0.180.330.20.360.230.57-0.170.20.450.510.250.280.15-0.180.480.490.770.4
0.830.90.520.790.40.70.52-0.550.760.840.750.720.820.090.610.810.90.650.630.48-0.450.970.940.850.59
1.00.750.330.790.610.970.7-0.80.990.920.960.970.73-0.220.610.960.780.650.870.2-0.680.810.840.590.83
0.610.420.310.40.610.710.34-0.280.630.440.490.720.34-0.410.250.490.410.410.81-0.22-0.530.430.360.430.8
0.960.640.20.70.970.710.75-0.720.970.880.891.00.61-0.230.50.870.680.570.930.1-0.680.720.720.520.89
0.710.44-0.310.520.70.340.75-0.530.680.820.650.740.340.10.520.60.50.510.670.24-0.410.560.510.140.47
-0.76-0.46-0.18-0.55-0.8-0.28-0.72-0.53-0.78-0.71-0.9-0.71-0.470.29-0.45-0.81-0.58-0.44-0.63-0.010.44-0.56-0.68-0.27-0.57
0.980.730.330.760.990.630.970.68-0.780.90.950.970.72-0.270.570.950.750.620.880.14-0.740.780.810.580.85
0.930.740.20.840.920.440.880.82-0.710.90.880.880.680.050.630.880.760.640.770.46-0.570.840.830.540.65
0.950.730.360.750.960.490.890.65-0.90.950.880.890.69-0.210.640.970.790.650.80.16-0.570.780.840.520.73
0.960.650.230.720.970.721.00.74-0.710.970.880.890.61-0.230.490.870.680.560.940.1-0.690.720.720.550.9
0.760.910.570.820.730.340.610.34-0.470.720.680.690.61-0.040.770.840.870.790.480.28-0.60.880.90.680.47
-0.160.11-0.170.09-0.22-0.41-0.230.10.29-0.270.05-0.21-0.23-0.040.16-0.190.060.08-0.360.490.440.1-0.010.0-0.4
0.640.830.20.610.610.250.50.52-0.450.570.630.640.490.770.160.720.840.980.360.23-0.330.780.780.270.2
0.960.830.450.810.960.490.870.6-0.810.950.880.970.870.84-0.190.720.860.740.750.2-0.640.850.90.590.71
0.820.970.510.90.780.410.680.5-0.580.750.760.790.680.870.060.840.860.860.590.3-0.360.960.960.70.54
0.680.860.250.650.650.410.570.51-0.440.620.640.650.560.790.080.980.740.860.460.16-0.390.820.80.350.31
0.870.540.280.630.870.810.930.67-0.630.880.770.80.940.48-0.360.360.750.590.46-0.05-0.620.630.60.520.92
0.250.380.150.480.2-0.220.10.24-0.010.140.460.160.10.280.490.230.20.30.16-0.050.110.420.370.39-0.1
-0.65-0.43-0.18-0.45-0.68-0.53-0.68-0.410.44-0.74-0.57-0.57-0.69-0.60.44-0.33-0.64-0.36-0.39-0.620.11-0.47-0.49-0.34-0.61
0.850.970.480.970.810.430.720.56-0.560.780.840.780.720.880.10.780.850.960.820.630.42-0.470.970.760.55
0.860.940.490.940.840.360.720.51-0.680.810.830.840.720.9-0.010.780.90.960.80.60.37-0.490.970.710.55
0.630.760.770.850.590.430.520.14-0.270.580.540.520.550.680.00.270.590.70.350.520.39-0.340.760.710.62
0.820.50.40.590.830.80.890.47-0.570.850.650.730.90.47-0.40.20.710.540.310.92-0.1-0.610.550.550.62
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Anhui Jinhe Account Relationship Matchups

Anhui Jinhe fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.0B8.8B10.3B9.7B11.2B11.7B
Short Long Term Debt Total775.1M1.4B1.6B905.9M1.0B645.3M
Other Current Liab34.6M47.3M574.1M91.8M105.6M123.8M
Total Current Liabilities1.5B1.8B2.5B2.0B2.3B1.2B
Total Stockholder Equity4.9B5.8B7.0B7.1B8.2B8.6B
Other Liab42.7M65.4M88.9M160.0M184.0M193.2M
Property Plant And Equipment Net2.5B2.8B2.9B3.7B4.3B4.5B
Current Deferred Revenue233.8M400.6M66.7M335.5M385.8M405.1M
Net Debt(363.9M)(604.9M)(783.8M)(1.4B)(1.3B)(1.2B)
Retained Earnings3.4B4.4B5.7B6.0B6.9B7.2B
Accounts Payable942.2M1.1B927.9M1.1B1.3B1.3B
Cash1.1B2.0B2.4B2.3B2.7B2.8B
Non Current Assets Total2.9B3.4B3.6B4.6B5.3B5.6B
Non Currrent Assets Other952.0M1.4B1.9B823.4M946.9M534.6M
Other Assets125.4M1.083.2M150.0M1.151.09
Long Term Debt483.2M1.1B616.2M426.2M490.2M358.1M
Cash And Short Term Investments2.0B3.3B4.1B3.1B3.5B3.7B
Net Receivables854.2M1.5B1.6B1.1B1.3B816.2M
Liabilities And Stockholders Equity7.0B8.8B10.3B9.7B11.2B11.7B
Non Current Liabilities Total548.7M1.2B778.0M577.5M664.1M436.7M
Inventory340.3M505.7M627.4M783.6M901.1M946.1M
Other Current Assets888.5M243.9M444.4M129.7M149.1M285.1M
Other Stockholder Equity411.3M355.4M194.1M93.7M84.3M80.1M
Total Liab2.1B3.0B3.3B2.6B3.0B1.7B
Total Current Assets4.1B5.5B6.7B5.1B5.8B3.1B
Short Term Debt291.8M241.9M958.7M474.9M546.2M286.7M
Intangible Assets117.5M120.0M266.8M263.2M302.7M317.9M
Common Stock560.9M560.9M560.9M570.0M655.5M428.7M
Property Plant Equipment1.8B2.5B2.8B2.9B3.3B3.4B
Short Term Investments880.4M1.3B1.7B720.0M828.0M645.1M
Net Tangible Assets4.4B4.8B5.7B6.8B7.8B4.6B
Deferred Long Term Liab51.9M51.1M44.7M26.1M30.0M42.1M
Short Long Term Debt291.2M176.2M204.2M180.1M162.1M164.5M
Common Stock Shares Outstanding560.9M560.9M560.9M570.0M655.5M618.3M
Net Invested Capital5.7B7.2B7.9B7.7B8.9B6.7B
Net Working Capital2.6B3.7B4.2B3.1B3.6B3.3B
Capital Stock560.9M560.9M560.9M570.0M655.5M617.9M
Property Plant And Equipment Gross4.1B4.7B2.9B6.2B7.1B4.6B

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Other Information on Investing in Anhui Stock

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