Shenzhen Net Income From Continuing Ops vs Operating Income Analysis

300136 Stock

25.70 0.93 3.49%

Shenzhen Sunway financial indicator trend analysis is much more than just breaking down Shenzhen Sunway Comm prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Sunway Comm is a good investment. Please check the relationship between Shenzhen Sunway Net Income From Continuing Ops and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Sunway Communication. 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 From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Sunway Comm Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shenzhen Sunway's Net Income From Continuing Ops and Operating Income is 0.96. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shenzhen Sunway Communication, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunway's Net Income From Continuing Ops 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 From Continuing Ops of Shenzhen Sunway Communication 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 From Continuing Ops i.e., Shenzhen Sunway's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from Shenzhen Sunway Comm 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 Shenzhen Sunway Communication 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 Shenzhen Sunway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunway Comm 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 Shenzhen Sunway Communication. 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 62.8 M, whereas Selling General Administrative is forecasted to decline to about 112.1 M.

	2021	2022	2023	2024 (projected)
Operating Income	609.1M	829.6M	701.5M	568.0M
Total Revenue	7.6B	8.6B	7.5B	7.9B

Operating Income Total Revenue

Shenzhen Sunway fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Current Deferred Revenue	Non Current Liabilities Total
Total Assets		0.28	0.98	1.0	0.99	0.88	0.99	0.97	0.93	0.99	0.89	0.89	0.93	0.84	0.95	0.8	-0.13	1.0	0.99	0.62	0.76	0.99	0.99	0.65	0.76	0.91
Other Current Liab	0.28		0.33	0.27	0.25	0.37	0.27	0.25	0.22	0.28	0.29	0.25	0.22	0.4	0.21	0.12	0.02	0.28	0.28	0.51	0.32	0.24	0.32	0.17	-0.27	0.16
Total Current Liabilities	0.98	0.33		0.97	0.95	0.87	0.96	0.97	0.92	0.95	0.85	0.84	0.92	0.87	0.93	0.84	-0.17	0.98	0.99	0.6	0.78	0.94	0.98	0.65	0.72	0.82
Total Stockholder Equity	1.0	0.27	0.97		0.98	0.87	1.0	0.95	0.92	0.99	0.9	0.89	0.92	0.82	0.94	0.8	-0.11	0.99	0.99	0.62	0.75	0.99	0.98	0.64	0.75	0.9
Property Plant And Equipment Net	0.99	0.25	0.95	0.98		0.9	0.99	0.97	0.89	0.99	0.89	0.89	0.89	0.82	0.95	0.72	-0.12	0.98	0.97	0.63	0.69	1.0	0.98	0.61	0.72	0.92
Net Debt	0.88	0.37	0.87	0.87	0.9		0.87	0.84	0.67	0.9	0.68	0.67	0.67	0.91	0.76	0.6	-0.26	0.88	0.85	0.85	0.73	0.88	0.92	0.52	0.6	0.81
Retained Earnings	0.99	0.27	0.96	1.0	0.99	0.87		0.95	0.92	0.99	0.92	0.91	0.92	0.8	0.95	0.78	-0.15	0.98	0.98	0.61	0.7	0.99	0.98	0.62	0.74	0.91
Accounts Payable	0.97	0.25	0.97	0.95	0.97	0.84	0.95		0.92	0.94	0.85	0.88	0.92	0.81	0.98	0.74	-0.12	0.98	0.98	0.52	0.7	0.96	0.96	0.67	0.68	0.87
Cash	0.93	0.22	0.92	0.92	0.89	0.67	0.92	0.92		0.89	0.85	0.91	1.0	0.68	0.94	0.86	-0.04	0.94	0.96	0.39	0.67	0.9	0.91	0.61	0.75	0.85
Non Current Assets Total	0.99	0.28	0.95	0.99	0.99	0.9	0.99	0.94	0.89		0.89	0.89	0.89	0.82	0.92	0.75	-0.12	0.98	0.97	0.66	0.73	0.99	0.98	0.61	0.74	0.93
Non Currrent Assets Other	0.89	0.29	0.85	0.9	0.89	0.68	0.92	0.85	0.85	0.89		0.94	0.85	0.58	0.91	0.69	-0.02	0.86	0.87	0.37	0.51	0.91	0.83	0.51	0.56	0.78
Other Assets	0.89	0.25	0.84	0.89	0.89	0.67	0.91	0.88	0.91	0.89	0.94		0.91	0.54	0.95	0.69	0.01	0.88	0.88	0.32	0.48	0.91	0.86	0.51	0.59	0.87
Cash And Short Term Investments	0.93	0.22	0.92	0.92	0.89	0.67	0.92	0.92	1.0	0.89	0.85	0.91		0.67	0.94	0.86	-0.04	0.94	0.96	0.39	0.67	0.9	0.91	0.61	0.76	0.85
Net Receivables	0.84	0.4	0.87	0.82	0.82	0.91	0.8	0.81	0.68	0.82	0.58	0.54	0.67		0.69	0.63	-0.25	0.85	0.84	0.85	0.9	0.79	0.87	0.69	0.59	0.69
Inventory	0.95	0.21	0.93	0.94	0.95	0.76	0.95	0.98	0.94	0.92	0.91	0.95	0.94	0.69		0.74	-0.07	0.95	0.95	0.39	0.6	0.95	0.93	0.61	0.66	0.87
Other Current Assets	0.8	0.12	0.84	0.8	0.72	0.6	0.78	0.74	0.86	0.75	0.69	0.69	0.86	0.63	0.74		-0.17	0.8	0.83	0.38	0.68	0.73	0.8	0.43	0.82	0.62
Other Stockholder Equity	-0.13	0.02	-0.17	-0.11	-0.12	-0.26	-0.15	-0.12	-0.04	-0.12	-0.02	0.01	-0.04	-0.25	-0.07	-0.17		-0.16	-0.14	-0.22	-0.18	-0.1	-0.17	-0.28	-0.22	-0.11
Total Liab	1.0	0.28	0.98	0.99	0.98	0.88	0.98	0.98	0.94	0.98	0.86	0.88	0.94	0.85	0.95	0.8	-0.16		0.99	0.62	0.76	0.98	1.0	0.65	0.76	0.91
Total Current Assets	0.99	0.28	0.99	0.99	0.97	0.85	0.98	0.98	0.96	0.97	0.87	0.88	0.96	0.84	0.95	0.83	-0.14	0.99		0.58	0.77	0.97	0.98	0.67	0.76	0.88
Intangible Assets	0.62	0.51	0.6	0.62	0.63	0.85	0.61	0.52	0.39	0.66	0.37	0.32	0.39	0.85	0.39	0.38	-0.22	0.62	0.58		0.69	0.6	0.68	0.36	0.4	0.59
Common Stock	0.76	0.32	0.78	0.75	0.69	0.73	0.7	0.7	0.67	0.73	0.51	0.48	0.67	0.9	0.6	0.68	-0.18	0.76	0.77	0.69		0.67	0.77	0.78	0.64	0.61
Property Plant Equipment	0.99	0.24	0.94	0.99	1.0	0.88	0.99	0.96	0.9	0.99	0.91	0.91	0.9	0.79	0.95	0.73	-0.1	0.98	0.97	0.6	0.67		0.97	0.59	0.72	0.93
Short Long Term Debt Total	0.99	0.32	0.98	0.98	0.98	0.92	0.98	0.96	0.91	0.98	0.83	0.86	0.91	0.87	0.93	0.8	-0.17	1.0	0.98	0.68	0.77	0.97		0.61	0.74	0.91
Other Liab	0.65	0.17	0.65	0.64	0.61	0.52	0.62	0.67	0.61	0.61	0.51	0.51	0.61	0.69	0.61	0.43	-0.28	0.65	0.67	0.36	0.78	0.59	0.61		0.43	0.56
Current Deferred Revenue	0.76	-0.27	0.72	0.75	0.72	0.6	0.74	0.68	0.75	0.74	0.56	0.59	0.76	0.59	0.66	0.82	-0.22	0.76	0.76	0.4	0.64	0.72	0.74	0.43		0.74
Non Current Liabilities Total	0.91	0.16	0.82	0.9	0.92	0.81	0.91	0.87	0.85	0.93	0.78	0.87	0.85	0.69	0.87	0.62	-0.11	0.91	0.88	0.59	0.61	0.93	0.91	0.56	0.74

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Shenzhen Sunway Account Relationship Matchups

Shenzhen Sunway fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.4B	11.0B	12.1B	12.2B	12.9B	13.5B
Other Current Liab	5.5M	196.0K	364.4K	350.4M	243.4K	231.2K
Total Current Liabilities	2.7B	4.0B	4.1B	4.8B	3.7B	3.9B
Total Stockholder Equity	4.7B	5.5B	6.0B	6.6B	7.0B	7.4B
Property Plant And Equipment Net	2.3B	2.7B	3.1B	2.9B	3.1B	3.3B
Net Debt	1.8B	1.0B	1.7B	1.3B	1.1B	1.2B
Retained Earnings	3.4B	4.0B	4.4B	4.9B	5.4B	5.6B
Accounts Payable	995.6M	2.2B	2.2B	2.0B	1.8B	1.9B
Cash	444.2M	1.8B	1.8B	1.8B	2.0B	2.1B
Non Current Assets Total	4.2B	4.1B	5.1B	5.1B	5.9B	6.2B
Non Currrent Assets Other	150.7M	261.8M	276.7M	563.1M	526.2M	552.5M
Other Assets	213.9M	1.0	371.3M	695.4M	799.7M	839.7M
Cash And Short Term Investments	444.2M	1.8B	1.8B	1.8B	2.0B	2.1B
Net Receivables	2.9B	2.6B	2.4B	2.5B	2.2B	1.2B
Liabilities And Stockholders Equity	8.4B	11.0B	12.1B	12.2B	12.9B	13.5B
Inventory	608.9M	2.2B	2.4B	2.4B	2.2B	2.4B
Other Current Assets	158.9M	306.2M	340.1M	411.4M	428.6M	450.1M
Other Stockholder Equity	314.6M	186.5M	252.3M	330.7M	304.7M	316.0M
Total Liab	3.6B	5.4B	6.1B	5.5B	5.8B	6.1B
Total Current Assets	4.2B	6.8B	7.0B	7.1B	7.0B	7.3B
Intangible Assets	862.9M	315.9M	369.5M	405.0M	451.7M	260.6M
Common Stock	975.6M	968.6M	962.9M	967.6M	1.1B	593.0M
Property Plant Equipment	1.6B	2.3B	2.7B	3.1B	3.5B	3.7B
Short Long Term Debt Total	2.3B	2.8B	3.5B	3.1B	3.1B	3.2B
Other Liab	42.4M	45.2M	82.1M	72.5M	83.3M	43.8M
Current Deferred Revenue	301.0M	388.2M	356.3M	32.4M	476.3M	500.1M
Non Current Liabilities Total	861.8M	1.4B	2.0B	773.4M	2.1B	2.2B
Short Term Debt	1.4B	1.5B	1.5B	2.4B	1.5B	916.7M
Net Tangible Assets	2.3B	3.3B	4.7B	5.1B	5.9B	3.1B
Short Term Investments	(185.3M)	3.5M	(247.6M)	5.0M	21.8M	22.9M
Deferred Long Term Liab	91.8M	225.0M	238.0M	332.3M	382.1M	401.3M
Long Term Debt	816.5M	1.3B	1.8B	616.8M	1.5B	1.0B
Short Long Term Debt	888.4M	1.5B	1.5B	1.4B	693.3M	1.2B
Net Invested Capital	6.4B	8.3B	9.3B	8.6B	9.2B	8.1B
Net Working Capital	1.4B	2.8B	2.9B	2.3B	3.3B	2.5B

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

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Shenzhen Net Income From Continuing Ops vs Operating Income Analysis

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Operating Income

Shenzhen Sunway fundamental ratios Correlations

Shenzhen Sunway Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Sunway fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 1.0	Total Liab

Other Liab	- 0.28	Other Stockholder Equity
Current Deferred Revenue	- 0.27	Other Current Liab
Other Stockholder Equity	- 0.26	Net Debt
Other Stockholder Equity	- 0.25	Net Receivables
Current Deferred Revenue	- 0.22	Other Stockholder Equity
Intangible Assets	- 0.22	Other Stockholder Equity