Guangdong Net Income vs Operating Income Analysis

200539 Stock

2.05 0.01 0.49%

Guangdong Electric financial indicator trend analysis is much more than just examining Guangdong Electric Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Electric Power is a good investment. Please check the relationship between Guangdong Electric Net Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Electric Power. 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Electric Power Net Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Guangdong Electric's Net Income and Operating Income is 0.91. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Guangdong Electric Power, assuming nothing else is changed. The correlation between historical values of Guangdong Electric's Net Income 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 Net Income of Guangdong Electric Power 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 Net Income i.e., Guangdong Electric's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Guangdong Electric Power financial statement analysis. It represents the amount of money remaining after all of Guangdong Electric Power operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Guangdong Electric Power 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 Guangdong Electric Power 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 Guangdong Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Electric Power 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 Guangdong Electric Power. 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 1.4 B. The current year's Tax Provision is expected to grow to about 829.4 M

	2021	2022	2023	2024 (projected)
EBITDA	726.5M	2.9B	2.6B	4.2B
Interest Income	133.8M	132.6M	124.3M	100.5M

Ebitda Interest Income

Guangdong Electric fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Other Liab	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		0.4	0.97	0.39	-0.19	0.56	0.97	0.95	0.98	0.98	0.32	0.66	-0.27	0.99	0.88	0.56	0.96	0.22	0.36	0.17	0.66	-0.21	0.74	0.81	0.82	0.54
Other Current Liab	0.4		0.5	0.47	0.21	0.77	0.23	0.48	0.27	0.49	0.32	0.74	0.05	0.36	0.41	0.47	0.53	0.3	0.8	-0.06	0.58	0.19	0.31	0.53	0.47	0.29
Total Current Liabilities	0.97	0.5		0.31	-0.28	0.68	0.91	0.94	0.93	0.99	0.34	0.73	-0.22	0.97	0.8	0.48	0.94	0.4	0.43	0.16	0.69	-0.15	0.73	0.8	0.85	0.49
Total Stockholder Equity	0.39	0.47	0.31		0.77	0.37	0.23	0.33	0.24	0.3	0.72	0.47	-0.02	0.25	0.45	0.91	0.59	-0.04	0.18	0.27	0.41	-0.15	0.35	0.38	0.2	0.56
Retained Earnings	-0.19	0.21	-0.28	0.77		-0.09	-0.32	-0.18	-0.32	-0.27	0.39	-0.05	0.15	-0.34	0.01	0.51	0.04	-0.36	-0.04	0.26	0.01	-0.08	-0.11	-0.12	-0.32	0.3
Accounts Payable	0.56	0.77	0.68	0.37	-0.09		0.41	0.61	0.47	0.63	0.58	0.93	-0.06	0.55	0.41	0.5	0.62	0.6	0.72	-0.21	0.62	0.25	0.46	0.64	0.65	0.3
Cash	0.97	0.23	0.91	0.23	-0.32	0.41		0.92	0.99	0.94	0.14	0.51	-0.36	0.98	0.88	0.43	0.87	0.1	0.27	0.18	0.6	-0.25	0.74	0.79	0.82	0.52
Other Assets	0.95	0.48	0.94	0.33	-0.18	0.61	0.92		0.93	0.95	0.24	0.69	-0.34	0.95	0.89	0.47	0.9	0.16	0.47	0.16	0.77	-0.17	0.77	0.81	0.86	0.47
Long Term Debt	0.98	0.27	0.93	0.24	-0.32	0.47	0.99	0.93		0.94	0.2	0.58	-0.3	0.99	0.88	0.46	0.89	0.12	0.33	0.09	0.58	-0.19	0.7	0.78	0.82	0.49
Net Receivables	0.98	0.49	0.99	0.3	-0.27	0.63	0.94	0.95	0.94		0.25	0.69	-0.24	0.98	0.84	0.48	0.93	0.33	0.42	0.2	0.73	-0.18	0.78	0.82	0.87	0.51
Short Term Investments	0.32	0.32	0.34	0.72	0.39	0.58	0.14	0.24	0.2	0.25		0.65	0.1	0.24	0.15	0.7	0.48	0.41	0.15	-0.04	0.24	0.08	0.25	0.26	0.23	0.25
Inventory	0.66	0.74	0.73	0.47	-0.05	0.93	0.51	0.69	0.58	0.69	0.65		-0.11	0.65	0.56	0.63	0.71	0.45	0.73	-0.24	0.67	0.14	0.57	0.74	0.73	0.37
Other Current Assets	-0.27	0.05	-0.22	-0.02	0.15	-0.06	-0.36	-0.34	-0.3	-0.24	0.1	-0.11		-0.28	-0.47	-0.04	-0.15	0.18	-0.07	-0.27	-0.48	0.42	-0.47	-0.42	-0.32	-0.35
Total Liab	0.99	0.36	0.97	0.25	-0.34	0.55	0.98	0.95	0.99	0.98	0.24	0.65	-0.28		0.85	0.45	0.91	0.25	0.37	0.12	0.63	-0.17	0.73	0.8	0.85	0.48
Intangible Assets	0.88	0.41	0.8	0.45	0.01	0.41	0.88	0.89	0.88	0.84	0.15	0.56	-0.47	0.85		0.6	0.84	-0.18	0.45	0.19	0.71	-0.21	0.74	0.87	0.79	0.69
Common Stock	0.56	0.47	0.48	0.91	0.51	0.5	0.43	0.47	0.46	0.48	0.7	0.63	-0.04	0.45	0.6		0.7	0.04	0.31	0.09	0.51	-0.06	0.52	0.61	0.47	0.63
Property Plant Equipment	0.96	0.53	0.94	0.59	0.04	0.62	0.87	0.9	0.89	0.93	0.48	0.71	-0.15	0.91	0.84	0.7		0.26	0.38	0.24	0.67	-0.18	0.69	0.77	0.75	0.58
Other Liab	0.22	0.3	0.4	-0.04	-0.36	0.6	0.1	0.16	0.12	0.33	0.41	0.45	0.18	0.25	-0.18	0.04	0.26		0.05	0.06	0.28	0.01	0.23	0.09	0.25	-0.15
Good Will	0.36	0.8	0.43	0.18	-0.04	0.72	0.27	0.47	0.33	0.42	0.15	0.73	-0.07	0.37	0.45	0.31	0.38	0.05		-0.5	0.42	0.36	0.2	0.6	0.51	0.26
Net Tangible Assets	0.17	-0.06	0.16	0.27	0.26	-0.21	0.18	0.16	0.09	0.2	-0.04	-0.24	-0.27	0.12	0.19	0.09	0.24	0.06	-0.5		0.38	-0.41	0.31	0.01	0.07	0.21
Other Stockholder Equity	0.66	0.58	0.69	0.41	0.01	0.62	0.6	0.77	0.58	0.73	0.24	0.67	-0.48	0.63	0.71	0.51	0.67	0.28	0.42	0.38		-0.24	0.87	0.75	0.81	0.48
Deferred Long Term Liab	-0.21	0.19	-0.15	-0.15	-0.08	0.25	-0.25	-0.17	-0.19	-0.18	0.08	0.14	0.42	-0.17	-0.21	-0.06	-0.18	0.01	0.36	-0.41	-0.24		-0.42	-0.09	0.05	-0.33
Long Term Investments	0.74	0.31	0.73	0.35	-0.11	0.46	0.74	0.77	0.7	0.78	0.25	0.57	-0.47	0.73	0.74	0.52	0.69	0.23	0.2	0.31	0.87	-0.42		0.78	0.84	0.55
Short Long Term Debt	0.81	0.53	0.8	0.38	-0.12	0.64	0.79	0.81	0.78	0.82	0.26	0.74	-0.42	0.8	0.87	0.61	0.77	0.09	0.6	0.01	0.75	-0.09	0.78		0.88	0.78
Total Current Assets	0.82	0.47	0.85	0.2	-0.32	0.65	0.82	0.86	0.82	0.87	0.23	0.73	-0.32	0.85	0.79	0.47	0.75	0.25	0.51	0.07	0.81	0.05	0.84	0.88		0.45
Short Term Debt	0.54	0.29	0.49	0.56	0.3	0.3	0.52	0.47	0.49	0.51	0.25	0.37	-0.35	0.48	0.69	0.63	0.58	-0.15	0.26	0.21	0.48	-0.33	0.55	0.78	0.45

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Guangdong Electric Account Relationship Matchups

Guangdong Electric fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	75.5B	86.0B	114.3B	131.5B	161.2B	169.3B
Other Current Liab	4.2B	8.0B	11.3B	10.3B	2.8B	3.7B
Total Current Liabilities	19.7B	27.9B	37.8B	42.0B	46.8B	49.2B
Total Stockholder Equity	26.2B	27.4B	23.2B	20.2B	22.1B	16.9B
Retained Earnings	14.2B	16.6B	11.9B	200.7M	1.3B	1.2B
Accounts Payable	3.8B	4.1B	7.3B	7.4B	5.2B	3.1B
Cash	5.1B	5.8B	8.1B	11.5B	16.4B	17.3B
Other Assets	2.5B	3.3B	3.9B	6.4B	7.3B	7.7B
Long Term Debt	20.6B	20.5B	37.6B	52.0B	67.9B	71.3B
Net Receivables	3.4B	5.3B	7.0B	7.6B	9.0B	9.4B
Inventory	1.8B	1.7B	3.0B	3.4B	2.7B	1.4B
Other Current Assets	976.3M	1.5B	2.3B	875.6M	1.5B	1.4B
Total Liab	41.3B	50.2B	81.5B	102.8B	127.3B	133.7B
Intangible Assets	1.8B	2.1B	2.7B	3.3B	3.5B	3.7B
Property Plant Equipment	48.9B	49.4B	63.7B	70.7B	81.3B	85.4B
Other Liab	703.4M	1.2B	1.4B	1.4B	1.6B	978.2M
Net Tangible Assets	22.4B	24.3B	29.2B	20.2B	23.3B	25.4B
Other Stockholder Equity	550.0M	1.7B	2.0B	1.8B	2.0B	1.0B
Deferred Long Term Liab	22.1M	19.5M	28.3M	30.3M	27.3M	21.8M
Short Long Term Debt	5.9B	7.6B	12.4B	16.3B	15.8B	10.0B
Total Current Assets	11.3B	18.4B	22.9B	25.8B	31.9B	19.1B
Non Current Assets Total	64.2B	72.4B	91.4B	105.7B	129.3B	88.4B
Non Currrent Assets Other	2.8B	3.2B	4.7B	6.6B	8.8B	9.3B
Non Current Liabilities Total	21.6B	24.9B	43.8B	60.8B	80.5B	41.3B
Non Current Liabilities Other	216.4M	201.0M	197.2M	795.7M	907.2M	952.6M
Net Debt	18.9B	22.3B	41.9B	56.7B	67.3B	39.8B
Net Invested Capital	50.2B	55.5B	73.2B	88.5B	105.8B	75.1B
Net Working Capital	(8.4B)	(11.8B)	(14.9B)	(16.2B)	(14.9B)	(15.7B)

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Other Information on Investing in Guangdong Stock

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

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Guangdong Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Guangdong Electric fundamental ratios Correlations

Guangdong Electric Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Electric fundamental ratios Accounts

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Other Information on Investing in Guangdong Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Current Liabilities
Long Term Debt	+ 0.99	Cash
Total Liab	+ 0.99	Long Term Debt
Long Term Debt	+ 0.98	Total Assets
Net Receivables	+ 0.98	Total Assets

Net Tangible Assets	- 0.5	Good Will
Other Stockholder Equity	- 0.48	Other Current Assets
Long Term Investments	- 0.47	Other Current Assets
Intangible Assets	- 0.47	Other Current Assets
Long Term Investments	- 0.42	Deferred Long Term Liab
Short Long Term Debt	- 0.42	Other Current Assets