Dongjiang Total Operating Expenses vs Total Revenue Analysis

002672 Stock   4.87  0.03  0.61%   
Dongjiang Environmental financial indicator trend analysis is much more than just examining Dongjiang Environmental latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongjiang Environmental is a good investment. Please check the relationship between Dongjiang Environmental Total Operating Expenses and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongjiang Environmental Co. 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.

Total Operating Expenses vs Total Revenue

Total Operating Expenses vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongjiang Environmental Total Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dongjiang Environmental's Total Operating Expenses and Total Revenue is 0.93. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Dongjiang Environmental Co, assuming nothing else is changed. The correlation between historical values of Dongjiang Environmental's Total Operating Expenses and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Dongjiang Environmental Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., Dongjiang Environmental's Total Operating Expenses and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Dongjiang Environmental generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Dongjiang Environmental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongjiang Environmental 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 Dongjiang Environmental Co. 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 183.3 M, whereas Tax Provision is forecasted to decline to about 2.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B610.4M161.7M153.7M
Total Revenue4.0B3.9B4.0B3.7B

Dongjiang Environmental fundamental ratios Correlations

-0.640.820.970.850.940.750.93-0.070.830.830.410.720.890.770.260.920.980.960.930.830.880.890.91-0.340.97
-0.64-0.36-0.62-0.65-0.71-0.3-0.60.21-0.77-0.640.05-0.17-0.86-0.650.08-0.58-0.64-0.66-0.61-0.35-0.59-0.33-0.610.72-0.67
0.82-0.360.880.450.820.880.880.030.520.390.590.90.730.340.240.870.730.710.760.820.710.850.78-0.190.71
0.97-0.620.880.710.970.840.97-0.050.780.680.50.820.880.60.240.950.90.930.940.890.830.90.93-0.30.9
0.85-0.650.450.710.740.340.62-0.050.880.970.060.280.760.970.140.720.920.860.770.550.790.650.7-0.350.94
0.94-0.710.820.970.740.790.95-0.110.850.70.520.710.90.640.270.960.880.950.940.810.810.820.9-0.310.9
0.75-0.30.880.840.340.790.87-0.280.50.340.670.90.670.210.540.780.640.720.730.710.50.760.83-0.010.62
0.93-0.60.880.970.620.950.87-0.050.690.630.640.840.850.540.350.910.850.880.930.850.80.860.87-0.230.84
-0.070.210.03-0.05-0.05-0.11-0.28-0.05-0.33-0.080.070.12-0.26-0.06-0.590.01-0.04-0.220.070.310.330.24-0.320.03-0.06
0.83-0.770.520.780.880.850.50.69-0.330.810.140.310.870.80.280.790.830.930.780.510.630.560.84-0.330.89
0.83-0.640.390.680.970.70.340.63-0.080.810.080.290.730.970.170.650.910.840.750.540.80.640.67-0.370.91
0.410.050.590.50.060.520.670.640.070.140.080.660.20.00.570.540.320.390.550.520.350.50.310.40.3
0.72-0.170.90.820.280.710.90.840.120.310.290.660.530.150.240.760.610.60.720.870.630.880.7-0.050.56
0.89-0.860.730.880.760.90.670.85-0.260.870.730.20.530.710.20.820.860.880.820.620.720.650.9-0.520.88
0.77-0.650.340.60.970.640.210.54-0.060.80.970.00.150.710.10.580.870.780.650.450.760.530.59-0.420.88
0.260.080.240.240.140.270.540.35-0.590.280.170.570.240.20.10.260.230.370.310.0-0.090.130.390.590.24
0.92-0.580.870.950.720.960.780.910.010.790.650.540.760.820.580.260.870.90.940.820.820.870.84-0.20.87
0.98-0.640.730.90.920.880.640.85-0.040.830.910.320.610.860.870.230.870.940.890.760.90.850.84-0.360.99
0.96-0.660.710.930.860.950.720.88-0.220.930.840.390.60.880.780.370.90.940.910.750.770.790.93-0.250.97
0.93-0.610.760.940.770.940.730.930.070.780.750.550.720.820.650.310.940.890.910.820.850.870.84-0.140.9
0.83-0.350.820.890.550.810.710.850.310.510.540.520.870.620.450.00.820.760.750.820.850.960.72-0.230.76
0.88-0.590.710.830.790.810.50.80.330.630.80.350.630.720.76-0.090.820.90.770.850.850.870.64-0.450.87
0.89-0.330.850.90.650.820.760.860.240.560.640.50.880.650.530.130.870.850.790.870.960.870.77-0.160.82
0.91-0.610.780.930.70.90.830.87-0.320.840.670.310.70.90.590.390.840.840.930.840.720.640.77-0.250.87
-0.340.72-0.19-0.3-0.35-0.31-0.01-0.230.03-0.33-0.370.4-0.05-0.52-0.420.59-0.2-0.36-0.25-0.14-0.23-0.45-0.16-0.25-0.33
0.97-0.670.710.90.940.90.620.84-0.060.890.910.30.560.880.880.240.870.990.970.90.760.870.820.87-0.33
Click cells to compare fundamentals

Dongjiang Environmental Account Relationship Matchups

Dongjiang Environmental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.4B10.4B11.8B11.7B12.2B11.0B
Other Current Liab311.3M262.8M310.9M293.5M872.8K829.1K
Total Current Liabilities4.4B3.6B3.8B3.5B3.3B3.8B
Total Stockholder Equity4.3B4.5B4.6B4.1B4.5B4.4B
Other Liab183.2M214.9M283.6M392.2M451.1M238.5M
Net Tangible Assets2.0B2.0B2.1B1.8B2.1B1.9B
Retained Earnings3.0B3.2B3.3B2.7B1.7B2.8B
Accounts Payable786.3M730.0M840.0M686.4M715.8M744.0M
Cash1.1B661.7M550.4M622.7M1.2B754.8M
Other Assets563.2M772.9M770.0M783.7M901.2M630.9M
Long Term Debt769.7M1.3B2.3B3.1B3.4B1.9B
Net Receivables1.5B1.1B1.6B1.1B1.0B1.0B
Good Will1.3B1.2B1.2B985.1M848.3M1.2B
Inventory299.7M267.1M550.9M649.7M789.8M453.0M
Other Current Assets168.9M198.1M325.9M294.1M38.2K36.3K
Other Stockholder Equity22.5M19.4M17.9M19.0M21.8M15.3M
Total Liab5.4B5.1B6.4B6.9B7.1B5.9B
Deferred Long Term Liab57.8M96.0M116.6M99.4M114.3M66.3M
Short Long Term Debt1.7B1.8B1.9B956.7M2.2B1.8B
Total Current Assets3.0B2.6B3.0B3.0B3.7B3.2B
Intangible Assets1.1B1.4B1.3B1.2B1.2B1.2B
Property Plant Equipment4.2B4.3B5.3B5.4B6.2B4.4B
Non Current Assets Total7.4B7.9B8.8B8.7B8.5B8.2B
Non Currrent Assets Other114.8M76.8M146.3M140.1M126.1M121.7M
Non Current Liabilities Total963.6M1.5B2.6B3.5B3.8B2.3B
Non Current Liabilities Other780.3M27.7M83.0M177.9M160.1M275.8M
Net Debt1.4B2.4B3.7B3.4B4.3B3.1B
Net Invested Capital6.9B7.6B8.8B8.1B10.1B8.8B
Net Working Capital(1.4B)(1.0B)(828.2M)(431.5M)384.9M404.1M
Capital Lease Obligations10.7M3.6M3.5M2.0M10.1M5.5M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Dongjiang Stock

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