Guangdong Gross Profit vs Net Income Analysis

300599 Stock

7.74 0.01 0.13%

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

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Xiongsu Gross Profit account and Net Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Guangdong Xiongsu's Gross Profit and Net Income is 0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Guangdong Xiongsu Technology, assuming nothing else is changed. The correlation between historical values of Guangdong Xiongsu's Gross Profit and Net 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 Gross Profit of Guangdong Xiongsu Technology are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Guangdong Xiongsu's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Guangdong Xiongsu Technology minus its cost of goods sold. It is profit before Guangdong Xiongsu 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.

Net Income

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

Most indicators from Guangdong Xiongsu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Xiongsu 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 Xiongsu Technology. 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 109.7 M, whereas Tax Provision is forecasted to decline to about 9.1 M.

	2021	2022	2023	2024 (projected)
Gross Profit	374.7M	248.2M	211.7M	288.9M
Total Revenue	2.4B	1.8B	1.3B	2.0B

Gross Profit Total Revenue

Guangdong Xiongsu fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Non Current Liabilities Total	Other Liab	Net Tangible Assets
Total Assets		-0.57	-0.91	-0.44	1.0	0.97	0.43	-0.93	0.97	0.89	0.98	0.97	0.21	0.98	0.75	0.9	0.28	0.97	-0.33	0.98	-0.58	0.92	0.96	0.2	0.69	0.98
Short Long Term Debt Total	-0.57		0.55	0.91	-0.64	-0.5	-0.24	0.73	-0.62	-0.4	-0.58	-0.55	-0.33	-0.6	-0.09	-0.5	-0.58	-0.64	0.81	-0.57	1.0	-0.7	-0.66	-0.32	-0.43	-0.57
Other Current Liab	-0.91	0.55		0.46	-0.91	-0.92	-0.43	0.81	-0.97	-0.92	-0.83	-0.93	-0.25	-0.84	-0.75	-0.87	-0.02	-0.82	0.34	-0.85	0.56	-0.9	-0.82	-0.29	-0.75	-0.89
Total Current Liabilities	-0.44	0.91	0.46		-0.52	-0.4	0.1	0.68	-0.48	-0.21	-0.48	-0.45	-0.37	-0.5	0.04	-0.28	-0.41	-0.54	0.97	-0.42	0.91	-0.64	-0.59	-0.04	-0.4	-0.48
Total Stockholder Equity	1.0	-0.64	-0.91	-0.52		0.96	0.4	-0.94	0.98	0.86	0.98	0.97	0.22	0.98	0.71	0.88	0.31	0.98	-0.41	0.97	-0.64	0.94	0.97	0.21	0.68	0.98
Property Plant And Equipment Net	0.97	-0.5	-0.92	-0.4	0.96		0.43	-0.87	0.95	0.9	0.93	1.0	0.26	0.93	0.66	0.81	0.15	0.92	-0.28	0.9	-0.51	0.94	0.92	0.17	0.72	0.95
Current Deferred Revenue	0.43	-0.24	-0.43	0.1	0.4	0.43		-0.23	0.44	0.54	0.32	0.43	-0.16	0.33	0.32	0.55	0.16	0.36	0.32	0.41	-0.25	0.4	0.25	0.74	0.11	0.28
Net Debt	-0.93	0.73	0.81	0.68	-0.94	-0.87	-0.23		-0.89	-0.73	-0.94	-0.88	-0.32	-0.95	-0.59	-0.79	-0.41	-0.94	0.59	-0.92	0.73	-0.9	-0.96	-0.03	-0.71	-0.94
Retained Earnings	0.97	-0.62	-0.97	-0.48	0.98	0.95	0.44	-0.89		0.92	0.93	0.96	0.26	0.94	0.75	0.9	0.2	0.92	-0.37	0.94	-0.63	0.93	0.92	0.25	0.75	0.96
Accounts Payable	0.89	-0.4	-0.92	-0.21	0.86	0.9	0.54	-0.73	0.92		0.78	0.89	0.28	0.79	0.78	0.89	0.13	0.77	-0.07	0.84	-0.41	0.79	0.76	0.3	0.75	0.84
Cash	0.98	-0.58	-0.83	-0.48	0.98	0.93	0.32	-0.94	0.93	0.78		0.93	0.15	1.0	0.7	0.83	0.32	0.99	-0.39	0.97	-0.59	0.9	0.98	0.11	0.63	0.98
Non Current Assets Total	0.97	-0.55	-0.93	-0.45	0.97	1.0	0.43	-0.88	0.96	0.89	0.93		0.27	0.94	0.66	0.82	0.16	0.93	-0.33	0.9	-0.55	0.96	0.93	0.18	0.72	0.95
Non Currrent Assets Other	0.21	-0.33	-0.25	-0.37	0.22	0.26	-0.16	-0.32	0.26	0.28	0.15	0.27		0.16	-0.07	0.14	0.18	0.17	-0.44	0.14	-0.33	0.24	0.29	-0.46	0.67	0.29
Cash And Short Term Investments	0.98	-0.6	-0.84	-0.5	0.98	0.93	0.33	-0.95	0.94	0.79	1.0	0.94	0.16		0.7	0.83	0.32	0.99	-0.4	0.97	-0.6	0.91	0.98	0.12	0.64	0.98
Net Receivables	0.75	-0.09	-0.75	0.04	0.71	0.66	0.32	-0.59	0.75	0.78	0.7	0.66	-0.07	0.7		0.85	-0.05	0.65	0.09	0.8	-0.1	0.54	0.6	0.14	0.53	0.74
Inventory	0.9	-0.5	-0.87	-0.28	0.88	0.81	0.55	-0.79	0.9	0.89	0.83	0.82	0.14	0.83	0.85		0.29	0.84	-0.16	0.93	-0.5	0.74	0.78	0.37	0.62	0.86
Other Current Assets	0.28	-0.58	-0.02	-0.41	0.31	0.15	0.16	-0.41	0.2	0.13	0.32	0.16	0.18	0.32	-0.05	0.29		0.41	-0.34	0.38	-0.58	0.18	0.37	0.23	-0.03	0.26
Other Stockholder Equity	0.97	-0.64	-0.82	-0.54	0.98	0.92	0.36	-0.94	0.92	0.77	0.99	0.93	0.17	0.99	0.65	0.84	0.41		-0.43	0.97	-0.65	0.9	0.98	0.18	0.59	0.96
Total Liab	-0.33	0.81	0.34	0.97	-0.41	-0.28	0.32	0.59	-0.37	-0.07	-0.39	-0.33	-0.44	-0.4	0.09	-0.16	-0.34	-0.43		-0.31	0.81	-0.51	-0.51	0.17	-0.38	-0.41
Total Current Assets	0.98	-0.57	-0.85	-0.42	0.97	0.9	0.41	-0.92	0.94	0.84	0.97	0.9	0.14	0.97	0.8	0.93	0.38	0.97	-0.31		-0.58	0.85	0.94	0.21	0.63	0.96
Short Term Debt	-0.58	1.0	0.56	0.91	-0.64	-0.51	-0.25	0.73	-0.63	-0.41	-0.59	-0.55	-0.33	-0.6	-0.1	-0.5	-0.58	-0.65	0.81	-0.58		-0.7	-0.67	-0.32	-0.43	-0.57
Intangible Assets	0.92	-0.7	-0.9	-0.64	0.94	0.94	0.4	-0.9	0.93	0.79	0.9	0.96	0.24	0.91	0.54	0.74	0.18	0.9	-0.51	0.85	-0.7		0.92	0.21	0.68	0.9
Common Stock	0.96	-0.66	-0.82	-0.59	0.97	0.92	0.25	-0.96	0.92	0.76	0.98	0.93	0.29	0.98	0.6	0.78	0.37	0.98	-0.51	0.94	-0.67	0.92		0.05	0.68	0.98
Non Current Liabilities Total	0.2	-0.32	-0.29	-0.04	0.21	0.17	0.74	-0.03	0.25	0.3	0.11	0.18	-0.46	0.12	0.14	0.37	0.23	0.18	0.17	0.21	-0.32	0.21	0.05		-0.23	0.04
Other Liab	0.69	-0.43	-0.75	-0.4	0.68	0.72	0.11	-0.71	0.75	0.75	0.63	0.72	0.67	0.64	0.53	0.62	-0.03	0.59	-0.38	0.63	-0.43	0.68	0.68	-0.23		0.74
Net Tangible Assets	0.98	-0.57	-0.89	-0.48	0.98	0.95	0.28	-0.94	0.96	0.84	0.98	0.95	0.29	0.98	0.74	0.86	0.26	0.96	-0.41	0.96	-0.57	0.9	0.98	0.04	0.74

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Guangdong Xiongsu Account Relationship Matchups

Guangdong Xiongsu fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.3B	2.9B	2.7B	2.7B	1.9B
Short Long Term Debt Total	3M	53.9M	149.2M	91.4M	62.6M	79.9M
Other Current Liab	68.3M	27.3M	41.2M	36.2M	64.1M	116.1M
Total Current Liabilities	332.9M	459.4M	561.9M	409.5M	354.0M	355.1M
Total Stockholder Equity	1.6B	1.7B	2.3B	2.2B	2.3B	1.4B
Property Plant And Equipment Net	559.1M	748.1M	862.7M	854.2M	892.9M	576.3M
Current Deferred Revenue	73.9M	120.3M	109.9M	81.8M	31.6M	30.0M
Net Debt	(529.0M)	(481.9M)	(700.9M)	(712.4M)	(805.8M)	(765.5M)
Retained Earnings	633.8M	761.3M	793.9M	750.7M	775.4M	477.2M
Accounts Payable	187.8M	258.0M	263.7M	201.8M	197.1M	174.7M
Cash	532.0M	535.8M	850.1M	803.8M	868.5M	547.6M
Non Current Assets Total	876.4M	1.1B	1.2B	1.3B	1.3B	860.7M
Non Currrent Assets Other	32.0M	96.9M	916.1K	953.4K	92.3M	96.9M
Cash And Short Term Investments	567.1M	552.8M	850.1M	803.8M	868.5M	552.3M
Net Receivables	240.4M	247.3M	369.9M	291.1M	233.7M	231.5M
Liabilities And Stockholders Equity	2.0B	2.3B	2.9B	2.7B	2.7B	1.9B
Inventory	279.5M	335.0M	405.0M	320.9M	241.9M	254.5M
Other Current Assets	23.4M	34.4M	54.1M	27.7M	27.4M	43.7M
Other Stockholder Equity	623.8M	641.9M	574.8M	1.0B	1.0B	573.0M
Total Liab	389.3M	517.3M	620.0M	462.6M	370.8M	387.4M
Total Current Assets	1.1B	1.2B	1.7B	1.4B	1.4B	1.1B
Short Term Debt	3M	53.9M	147.1M	89.7M	61.2M	79.6M
Intangible Assets	221.8M	216.6M	210.8M	257.9M	250.5M	196.5M
Other Assets	1.0	95.4M	93.2M	110.4M	127.0M	133.3M
Non Current Liabilities Total	56.3M	57.9M	58.1M	53.1M	16.8M	15.9M
Other Liab	56.3M	57.9M	56.0M	51.4M	59.1M	58.8M
Net Tangible Assets	1.4B	1.5B	2.1B	2.0B	2.3B	1.5B
Deferred Long Term Liab	49.7M	73.9M	91.8M	87.3M	100.4M	66.1M
Short Long Term Debt	3M	53.9M	147M	89.3M	56.9M	66.9M
Property Plant Equipment	559.1M	748.1M	862.7M	854.2M	982.3M	660.6M
Net Invested Capital	1.6B	1.8B	2.4B	2.3B	2.3B	2.1B
Net Working Capital	777.4M	710.1M	1.1B	1.0B	1.0B	965.1M

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Other Information on Investing in Guangdong Stock

Balance Sheet is a snapshot of the financial position of Guangdong Xiongsu at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Xiongsu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Xiongsu 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 Gross Profit vs Net Income Analysis

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

Correlation Coefficient

Gross Profit

Net Income

Guangdong Xiongsu fundamental ratios Correlations

Guangdong Xiongsu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Xiongsu fundamental ratios Accounts

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Other Information on Investing in Guangdong Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Other Stockholder Equity	+ 0.99	Cash
Other Stockholder Equity	+ 0.99	Cash And Short Term Investments

Retained Earnings	- 0.97	Other Current Liab
Common Stock	- 0.96	Net Debt
Cash And Short Term Investments	- 0.95	Net Debt
Net Tangible Assets	- 0.94	Net Debt
Other Stockholder Equity	- 0.94	Net Debt
Cash	- 0.94	Net Debt