Dongjiang Total Other Income Expense Net vs Gross Profit 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 Other Income Expense Net and its Gross Profit 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 Other Income Expense Net vs Gross Profit

Total Other Income Expense Net vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dongjiang Environmental Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dongjiang Environmental's Total Other Income Expense Net and Gross Profit is -0.02. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit 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 Other Income Expense Net 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 Total Other Income Expense Net of Dongjiang Environmental Co 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 Total Other Income Expense Net i.e., Dongjiang Environmental's Total Other Income Expense Net and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Other Income Expense Net

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dongjiang Environmental Co minus its cost of goods sold. It is profit before Dongjiang Environmental 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 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

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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.