Xiamen Net Income vs Operating Income Analysis

301148 Stock

17.08 0.79 4.42%

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

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 Xiamen Jiarong Technology Net Income account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Xiamen Jiarong's Net Income and Operating Income is 0.98. 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 Xiamen Jiarong Technology, assuming nothing else is changed. The correlation between historical values of Xiamen Jiarong'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 Xiamen Jiarong Technology 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., Xiamen Jiarong's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98

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 Xiamen Jiarong Technology financial statement analysis. It represents the amount of money remaining after all of Xiamen Jiarong Technology 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 Xiamen Jiarong Technology 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 Xiamen Jiarong 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.

Most indicators from Xiamen Jiarong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Jiarong Technology 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 Xiamen Jiarong 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.

As of January 6, 2025, Tax Provision is expected to decline to about 367.7 K. In addition to that, Selling General Administrative is expected to decline to about 67.3 M

	2022	2023	2024	2025 (projected)
Interest Expense	2.3M	1.8M	1.7M	1.9M
Interest Income	6.2M	3.2M	3.6M	2.2M

Interest Expense Interest Income

Xiamen Jiarong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Long Term Debt	Capital Lease Obligations
Total Assets		-0.79	0.85	1.0	0.94	0.93	0.99	0.94	0.88	0.99	0.97	0.93	0.93	0.81	0.69	0.96	1.0	0.14	1.0	0.97	-0.73	1.0	0.89	0.95	0.93	0.77
Other Current Liab	-0.79		-0.61	-0.78	-0.93	-0.89	-0.71	-0.94	-0.82	-0.81	-0.71	-0.75	-0.93	-0.8	-0.95	-0.84	-0.8	-0.35	-0.76	-0.71	0.98	-0.76	-0.74	-0.81	-0.73	-0.54
Total Current Liabilities	0.85	-0.61		0.83	0.82	0.9	0.84	0.8	0.93	0.86	0.82	0.82	0.72	0.83	0.58	0.92	0.83	0.13	0.85	0.82	-0.62	0.82	0.75	0.87	0.71	0.46
Total Stockholder Equity	1.0	-0.78	0.83		0.93	0.92	0.99	0.93	0.87	0.99	0.98	0.93	0.93	0.8	0.67	0.96	1.0	0.14	1.0	0.98	-0.72	1.0	0.89	0.94	0.93	0.78
Retained Earnings	0.94	-0.93	0.82	0.93		0.98	0.88	1.0	0.93	0.96	0.87	0.86	0.98	0.89	0.89	0.98	0.94	0.19	0.92	0.87	-0.9	0.91	0.83	0.95	0.88	0.68
Accounts Payable	0.93	-0.89	0.9	0.92	0.98		0.89	0.98	0.98	0.94	0.86	0.86	0.93	0.87	0.84	0.98	0.93	0.29	0.92	0.86	-0.88	0.91	0.8	0.92	0.81	0.57
Cash	0.99	-0.71	0.84	0.99	0.88	0.89		0.89	0.84	0.97	0.99	0.94	0.88	0.78	0.58	0.93	0.99	0.14	0.99	0.99	-0.65	0.99	0.89	0.92	0.91	0.76
Non Current Assets Total	0.94	-0.94	0.8	0.93	1.0	0.98	0.89		0.92	0.96	0.88	0.86	0.98	0.88	0.89	0.97	0.94	0.23	0.92	0.88	-0.91	0.92	0.83	0.94	0.87	0.68
Non Currrent Assets Other	0.88	-0.82	0.93	0.87	0.93	0.98	0.84	0.92		0.89	0.79	0.8	0.84	0.81	0.78	0.95	0.87	0.32	0.87	0.79	-0.83	0.85	0.72	0.86	0.72	0.44
Net Receivables	0.99	-0.81	0.86	0.99	0.96	0.94	0.97	0.96	0.89		0.96	0.91	0.95	0.84	0.74	0.98	0.99	0.07	0.99	0.96	-0.75	0.99	0.88	0.96	0.95	0.79
Common Stock Shares Outstanding	0.97	-0.71	0.82	0.98	0.87	0.86	0.99	0.88	0.79	0.96		0.94	0.88	0.83	0.59	0.92	0.97	0.03	0.98	1.0	-0.63	0.98	0.92	0.95	0.94	0.83
Short Term Investments	0.93	-0.75	0.82	0.93	0.86	0.86	0.94	0.86	0.8	0.91	0.94		0.85	0.83	0.59	0.9	0.93	0.1	0.93	0.94	-0.68	0.93	0.98	0.92	0.87	0.72
Non Current Liabilities Total	0.93	-0.93	0.72	0.93	0.98	0.93	0.88	0.98	0.84	0.95	0.88	0.85		0.84	0.88	0.93	0.94	0.14	0.91	0.88	-0.88	0.92	0.84	0.93	0.92	0.77
Inventory	0.81	-0.8	0.83	0.8	0.89	0.87	0.78	0.88	0.81	0.84	0.83	0.83	0.84		0.79	0.9	0.8	0.03	0.79	0.83	-0.79	0.78	0.84	0.94	0.8	0.64
Other Current Assets	0.69	-0.95	0.58	0.67	0.89	0.84	0.58	0.89	0.78	0.74	0.59	0.59	0.88	0.79		0.8	0.69	0.18	0.65	0.59	-0.95	0.64	0.61	0.77	0.68	0.5
Total Liab	0.96	-0.84	0.92	0.96	0.98	0.98	0.93	0.97	0.95	0.98	0.92	0.9	0.93	0.9	0.8		0.96	0.15	0.95	0.92	-0.81	0.94	0.86	0.97	0.89	0.68
Net Invested Capital	1.0	-0.8	0.83	1.0	0.94	0.93	0.99	0.94	0.87	0.99	0.97	0.93	0.94	0.8	0.69	0.96		0.14	1.0	0.97	-0.73	1.0	0.89	0.94	0.93	0.78
Short Long Term Debt	0.14	-0.35	0.13	0.14	0.19	0.29	0.14	0.23	0.32	0.07	0.03	0.1	0.14	0.03	0.18	0.15	0.14		0.12	0.03	-0.44	0.12	-0.05	-0.03	-0.19	-0.4
Total Current Assets	1.0	-0.76	0.85	1.0	0.92	0.92	0.99	0.92	0.87	0.99	0.98	0.93	0.91	0.79	0.65	0.95	1.0	0.12		0.98	-0.69	1.0	0.89	0.94	0.93	0.78
Capital Stock	0.97	-0.71	0.82	0.98	0.87	0.86	0.99	0.88	0.79	0.96	1.0	0.94	0.88	0.83	0.59	0.92	0.97	0.03	0.98		-0.63	0.98	0.92	0.95	0.94	0.83
Non Current Liabilities Other	-0.73	0.98	-0.62	-0.72	-0.9	-0.88	-0.65	-0.91	-0.83	-0.75	-0.63	-0.68	-0.88	-0.79	-0.95	-0.81	-0.73	-0.44	-0.69	-0.63		-0.69	-0.65	-0.75	-0.62	-0.4
Net Working Capital	1.0	-0.76	0.82	1.0	0.91	0.91	0.99	0.92	0.85	0.99	0.98	0.93	0.92	0.78	0.64	0.94	1.0	0.12	1.0	0.98	-0.69		0.88	0.93	0.93	0.79
Intangible Assets	0.89	-0.74	0.75	0.89	0.83	0.8	0.89	0.83	0.72	0.88	0.92	0.98	0.84	0.84	0.61	0.86	0.89	-0.05	0.89	0.92	-0.65	0.88		0.92	0.9	0.8
Property Plant And Equipment Net	0.95	-0.81	0.87	0.94	0.95	0.92	0.92	0.94	0.86	0.96	0.95	0.92	0.93	0.94	0.77	0.97	0.94	-0.03	0.94	0.95	-0.75	0.93	0.92		0.94	0.79
Long Term Debt	0.93	-0.73	0.71	0.93	0.88	0.81	0.91	0.87	0.72	0.95	0.94	0.87	0.92	0.8	0.68	0.89	0.93	-0.19	0.93	0.94	-0.62	0.93	0.9	0.94		0.94
Capital Lease Obligations	0.77	-0.54	0.46	0.78	0.68	0.57	0.76	0.68	0.44	0.79	0.83	0.72	0.77	0.64	0.5	0.68	0.78	-0.4	0.78	0.83	-0.4	0.79	0.8	0.79	0.94

Click cells to compare fundamentals

Xiamen Jiarong Account Relationship Matchups

Xiamen Jiarong fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	832.0M	1.1B	2.2B	2.2B	2.5B	1.5B
Other Current Liab	7.3M	13.2M	26.9M	6.3M	5.7M	5.4M
Total Current Liabilities	249.5M	342.9M	394.7M	327.1M	376.2M	353.4M
Total Stockholder Equity	521.3M	681.7M	1.7B	1.8B	2.0B	1.1B
Retained Earnings	355.6M	504.2M	540.2M	548.0M	630.2M	480.8M
Accounts Payable	95.7M	147.2M	182.6M	149.3M	171.7M	142.8M
Cash	138.6M	144.3M	287.2M	267.3M	307.3M	214.7M
Non Current Assets Total	244.3M	309.9M	355.1M	358.1M	411.8M	309.7M
Non Currrent Assets Other	7.2M	40.2M	55.7M	33.8M	38.8M	31.4M
Net Receivables	178.5M	326.9M	506.2M	552.5M	635.4M	379.4M
Non Current Liabilities Total	61.2M	70.7M	80.1M	114.0M	131.1M	73.9M
Inventory	207.8M	223.7M	221.9M	212.8M	244.7M	235.4M
Other Current Assets	12.7M	20.4M	9.3M	13.6M	15.7M	12.8M
Total Liab	310.7M	413.6M	474.8M	441.1M	507.3M	427.3M
Net Invested Capital	591.6M	750.8M	1.8B	1.9B	2.1B	1.2B
Short Long Term Debt	32.0M	19.6M	36.0M	15.1M	13.6M	19.3M
Total Current Assets	587.6M	786.2M	1.9B	1.8B	2.1B	1.2B
Non Current Liabilities Other	4.5M	3.9M	4.7M	5.7M	5.2M	4.6M
Net Working Capital	338.1M	443.3M	1.5B	1.5B	1.7B	878.8M
Intangible Assets	8.8M	8.6M	23.5M	32.6M	37.5M	39.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin

Other Information on Investing in Xiamen Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Xiamen Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Xiamen Jiarong fundamental ratios Correlations

Xiamen Jiarong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiamen Jiarong fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Xiamen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Net Working Capital	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Non Current Liabilities Other	- 0.95	Other Current Assets
Other Current Assets	- 0.95	Other Current Liab
Non Current Assets Total	- 0.94	Other Current Liab
Non Current Liabilities Total	- 0.93	Other Current Liab
Retained Earnings	- 0.93	Other Current Liab
Non Current Liabilities Other	- 0.91	Non Current Assets Total