Guangdong Operating Income vs Ebit Analysis

300599 Stock   6.97  0.17  2.38%   
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 Operating Income and its Ebit 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.

Operating Income vs Ebit

Operating Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Xiongsu Operating Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangdong Xiongsu's Operating Income and Ebit is 0.94. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit 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 Operating Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Guangdong Xiongsu Technology are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Operating Income i.e., Guangdong Xiongsu's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Guangdong Xiongsu 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 Xiongsu Technology 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.

Ebit

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 76.8 M, whereas Tax Provision is forecasted to decline to about 8.1 M.
 2022 2023 2024 2025 (projected)
Gross Profit248.2M211.7M190.5M288.9M
Total Revenue1.8B1.3B1.5B2.0B

Guangdong Xiongsu fundamental ratios Correlations

-0.59-0.89-0.531.00.970.26-0.930.980.890.980.980.360.980.750.870.250.91-0.460.98-0.60.940.98-0.040.630.99
-0.590.570.9-0.64-0.52-0.190.75-0.63-0.43-0.59-0.56-0.37-0.6-0.13-0.51-0.57-0.630.8-0.591.0-0.69-0.68-0.19-0.41-0.59
-0.890.570.53-0.89-0.88-0.280.85-0.94-0.91-0.81-0.89-0.4-0.82-0.75-0.86-0.03-0.840.45-0.850.58-0.88-0.83-0.04-0.75-0.89
-0.530.90.53-0.59-0.50.170.7-0.56-0.3-0.57-0.54-0.48-0.58-0.04-0.32-0.38-0.650.97-0.50.9-0.7-0.660.13-0.39-0.56
1.0-0.64-0.89-0.590.970.24-0.950.980.870.980.970.370.990.720.850.270.92-0.520.98-0.650.950.99-0.030.610.99
0.97-0.52-0.88-0.50.970.25-0.880.960.90.941.00.420.950.670.780.120.87-0.440.91-0.530.950.94-0.090.630.95
0.26-0.19-0.280.170.240.25-0.170.290.430.150.25-0.250.160.250.50.160.080.380.27-0.190.220.170.740.180.18
-0.930.750.850.7-0.95-0.88-0.17-0.91-0.76-0.94-0.89-0.39-0.94-0.62-0.8-0.39-0.960.63-0.940.75-0.91-0.960.08-0.57-0.95
0.98-0.63-0.94-0.560.980.960.29-0.910.930.940.970.390.950.750.880.170.86-0.480.95-0.640.940.950.020.680.97
0.89-0.43-0.91-0.30.870.90.43-0.760.930.80.890.380.810.790.880.110.75-0.20.86-0.440.810.810.110.750.87
0.98-0.59-0.81-0.570.980.940.15-0.940.940.80.950.341.00.70.790.270.92-0.520.97-0.60.920.99-0.140.550.98
0.98-0.56-0.89-0.540.971.00.25-0.890.970.890.950.420.950.670.790.140.88-0.480.92-0.570.970.95-0.080.640.96
0.36-0.37-0.4-0.480.370.42-0.25-0.390.390.380.340.420.340.050.20.150.48-0.560.29-0.370.40.4-0.60.60.4
0.98-0.6-0.82-0.580.990.950.16-0.940.950.811.00.950.340.70.80.270.92-0.530.97-0.610.930.99-0.130.560.98
0.75-0.13-0.75-0.040.720.670.25-0.620.750.790.70.670.050.70.85-0.050.63-0.010.8-0.140.560.660.030.570.77
0.87-0.51-0.86-0.320.850.780.5-0.80.880.880.790.790.20.80.850.280.77-0.220.91-0.520.720.810.250.650.87
0.25-0.57-0.03-0.380.270.120.16-0.390.170.110.270.140.150.27-0.050.280.34-0.30.34-0.570.150.350.21-0.010.25
0.91-0.63-0.84-0.650.920.870.08-0.960.860.750.920.880.480.920.630.770.34-0.60.91-0.630.870.94-0.230.650.94
-0.460.80.450.97-0.52-0.440.380.63-0.48-0.2-0.52-0.48-0.56-0.53-0.01-0.22-0.3-0.6-0.430.8-0.62-0.590.33-0.35-0.51
0.98-0.59-0.85-0.50.980.910.27-0.940.950.860.970.920.290.970.80.910.340.91-0.43-0.60.870.970.00.60.98
-0.61.00.580.9-0.65-0.53-0.190.75-0.64-0.44-0.6-0.57-0.37-0.61-0.14-0.52-0.57-0.630.8-0.6-0.7-0.69-0.19-0.41-0.6
0.94-0.69-0.88-0.70.950.950.22-0.910.940.810.920.970.40.930.560.720.150.87-0.620.87-0.70.94-0.050.620.92
0.98-0.68-0.83-0.660.990.940.17-0.960.950.810.990.950.40.990.660.810.350.94-0.590.97-0.690.94-0.10.610.98
-0.04-0.19-0.040.13-0.03-0.090.740.080.020.11-0.14-0.08-0.6-0.130.030.250.21-0.230.330.0-0.19-0.05-0.1-0.17-0.12
0.63-0.41-0.75-0.390.610.630.18-0.570.680.750.550.640.60.560.570.65-0.010.65-0.350.6-0.410.620.61-0.170.65
0.99-0.59-0.89-0.560.990.950.18-0.950.970.870.980.960.40.980.770.870.250.94-0.510.98-0.60.920.98-0.120.65
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Guangdong Xiongsu Account Relationship Matchups

Guangdong Xiongsu fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.9B2.7B2.7B3.1B1.9B
Short Long Term Debt Total53.9M149.2M91.4M62.6M56.4M79.9M
Other Current Liab27.3M41.2M36.2M64.1M57.7M54.8M
Total Current Liabilities459.4M561.9M409.5M354.0M318.6M355.1M
Total Stockholder Equity1.7B2.3B2.2B2.3B2.6B1.4B
Property Plant And Equipment Net748.1M862.7M854.2M892.9M1.0B576.3M
Current Deferred Revenue120.3M109.9M81.8M31.6M36.4M34.5M
Net Debt(481.9M)(700.9M)(712.4M)(805.8M)(725.2M)(689.0M)
Retained Earnings761.3M793.9M750.7M775.4M891.8M477.2M
Accounts Payable258.0M263.7M201.8M197.1M226.6M174.7M
Cash535.8M850.1M803.8M868.5M998.7M547.6M
Non Current Assets Total1.1B1.2B1.3B1.3B1.5B860.7M
Non Currrent Assets Other96.9M916.1K953.4K92.3M106.1M111.4M
Cash And Short Term Investments552.8M850.1M803.8M868.5M998.8M552.3M
Net Receivables247.3M369.9M291.1M233.7M268.8M231.5M
Liabilities And Stockholders Equity2.3B2.9B2.7B2.7B3.1B1.9B
Inventory335.0M405.0M320.9M241.9M278.2M254.5M
Other Current Assets34.4M54.1M27.7M27.4M31.5M43.7M
Total Liab517.3M620.0M462.6M370.8M333.7M387.4M
Total Current Assets1.2B1.7B1.4B1.4B1.6B1.1B
Short Term Debt53.9M147.1M89.7M61.2M55.1M79.6M
Intangible Assets216.6M210.8M257.9M250.5M288.1M196.5M
Other Assets1.095.4M93.2M110.4M127.0M133.3M
Non Current Liabilities Total57.9M58.1M53.1M16.8M15.1M14.3M
Other Liab56.3M57.9M56.0M51.4M59.1M58.8M
Net Tangible Assets1.4B1.5B2.1B2.0B2.3B1.5B
Deferred Long Term Liab49.7M73.9M91.8M87.3M100.4M66.1M
Short Long Term Debt53.9M147M89.3M56.9M65.5M66.9M
Property Plant Equipment559.1M748.1M862.7M854.2M982.3M660.6M
Net Invested Capital1.8B2.4B2.3B2.3B2.7B2.1B
Net Working Capital710.1M1.1B1.0B1.0B1.2B965.1M
Short Term Investments17.0M(91.8M)(87.3M)46.6K41.9K44.0K
Property Plant And Equipment Gross1.1B1.3B854.2M1.4B1.6B1.2B
Accumulated Other Comprehensive Income100.0M106.8M112.5M106.0M121.9M112.3M

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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.