Dongfeng Net Income vs Gross Profit Analysis

600006 Stock

7.61 0.02 0.26%

Dongfeng Automobile financial indicator trend analysis is much more than just examining Dongfeng Automobile latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dongfeng Automobile is a good investment. Please check the relationship between Dongfeng Automobile Net Income and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dongfeng Automobile Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

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

The correlation between Dongfeng Automobile's Net Income and Gross Profit is -0.05. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Dongfeng Automobile Co, assuming nothing else is changed. The correlation between historical values of Dongfeng Automobile's Net Income and Gross Profit 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 Dongfeng Automobile Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Dongfeng Automobile's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.05

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dongfeng Automobile Co minus its cost of goods sold. It is profit before Dongfeng Automobile 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.

Most indicators from Dongfeng Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dongfeng Automobile 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 Dongfeng Automobile Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Tax Provision is expected to grow to about 2.5 M, whereas Selling General Administrative is forecasted to decline to about 563.5 M.

	2022	2024	2025 (projected)
Other Operating Expenses	135.8M	122.2M	132.0M
Gross Profit	1.1B	463.0M	439.8M

Other Operating Expenses Gross Profit

Dongfeng Automobile fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.53	0.97	0.75	0.61	0.69	0.95	0.6	0.64	0.59	0.4	0.74	0.3	0.98	0.44	0.95	0.25	-0.32	0.13	0.24	-0.07	0.08	0.23	0.29	-0.16	0.08
Other Current Liab	0.53		0.5	0.13	0.3	-0.03	0.38	0.25	0.48	0.18	0.05	0.37	0.34	0.54	0.1	0.48	0.78	0.43	0.1	-0.26	-0.28	-0.3	-0.33	-0.25	0.5	-0.28
Total Current Liabilities	0.97	0.5		0.62	0.55	0.59	0.99	0.41	0.49	0.72	0.34	0.74	0.18	0.99	0.43	0.89	0.29	-0.26	0.03	0.1	0.05	0.15	0.14	0.25	-0.1	0.16
Total Stockholder Equity	0.75	0.13	0.62		0.54	0.95	0.65	0.86	0.69	0.17	0.51	0.61	0.46	0.62	0.33	0.82	-0.35	-0.71	0.37	0.8	-0.17	0.01	0.7	0.61	-0.66	0.07
Other Liab	0.61	0.3	0.55	0.54		0.57	0.51	0.43	0.35	0.28	0.79	0.19	0.55	0.59	0.62	0.57	0.09	-0.46	0.27	0.3	-0.16	-0.11	0.28	0.36	-0.19	-0.06
Retained Earnings	0.69	-0.03	0.59	0.95	0.57		0.63	0.78	0.54	0.23	0.52	0.51	0.27	0.58	0.45	0.72	-0.46	-0.8	0.18	0.75	-0.11	0.14	0.64	0.54	-0.68	0.13
Accounts Payable	0.95	0.38	0.99	0.65	0.51	0.63		0.4	0.49	0.75	0.3	0.74	0.14	0.97	0.37	0.88	0.2	-0.31	0.02	0.15	0.11	0.2	0.21	0.3	-0.2	0.24
Cash	0.6	0.25	0.41	0.86	0.43	0.78	0.4		0.74	-0.21	0.41	0.53	0.46	0.44	0.19	0.67	-0.19	-0.5	0.35	0.74	-0.35	-0.08	0.52	0.42	-0.44	-0.28
Other Assets	0.64	0.48	0.49	0.69	0.35	0.54	0.49	0.74		0.01	0.19	0.64	0.38	0.52	-0.08	0.65	0.14	-0.15	0.29	0.47	-0.6	0.03	0.23	0.32	-0.17	-0.01
Net Receivables	0.59	0.18	0.72	0.17	0.28	0.23	0.75	-0.21	0.01		0.06	0.28	-0.1	0.69	0.36	0.52	0.21	-0.14	-0.19	-0.26	0.4	0.18	-0.05	-0.02	-0.03	0.48
Short Term Investments	0.4	0.05	0.34	0.51	0.79	0.52	0.3	0.41	0.19	0.06		0.09	0.65	0.34	0.69	0.43	-0.2	-0.65	0.48	0.49	-0.16	-0.21	0.47	0.61	-0.37	0.11
Inventory	0.74	0.37	0.74	0.61	0.19	0.51	0.74	0.53	0.64	0.28	0.09		0.16	0.71	-0.01	0.75	0.19	-0.18	0.16	0.31	-0.19	0.35	0.26	0.38	-0.23	-0.03
Other Current Assets	0.3	0.34	0.18	0.46	0.55	0.27	0.14	0.46	0.38	-0.1	0.65	0.16		0.19	0.21	0.47	-0.02	-0.37	0.75	0.51	-0.14	-0.54	0.55	0.49	-0.36	-0.2
Total Liab	0.98	0.54	0.99	0.62	0.59	0.58	0.97	0.44	0.52	0.69	0.34	0.71	0.19		0.43	0.89	0.35	-0.21	0.03	0.08	0.01	0.13	0.1	0.22	-0.05	0.12
Intangible Assets	0.44	0.1	0.43	0.33	0.62	0.45	0.37	0.19	-0.08	0.36	0.69	-0.01	0.21	0.43		0.38	-0.05	-0.49	0.02	0.07	0.01	0.01	0.08	0.1	-0.04	0.05
Common Stock	0.95	0.48	0.89	0.82	0.57	0.72	0.88	0.67	0.65	0.52	0.43	0.75	0.47	0.89	0.38		0.14	-0.44	0.33	0.4	-0.02	-0.05	0.43	0.39	-0.35	0.05
Property Plant Equipment	0.25	0.78	0.29	-0.35	0.09	-0.46	0.2	-0.19	0.14	0.21	-0.2	0.19	-0.02	0.35	-0.05	0.14		0.73	-0.13	-0.7	-0.15	-0.09	-0.68	-0.48	0.8	-0.27
Long Term Debt	-0.32	0.43	-0.26	-0.71	-0.46	-0.8	-0.31	-0.5	-0.15	-0.14	-0.65	-0.18	-0.37	-0.21	-0.49	-0.44	0.73		-0.28	-0.76	-0.1	-0.07	-0.76	-0.62	0.86	-0.21
Good Will	0.13	0.1	0.03	0.37	0.27	0.18	0.02	0.35	0.29	-0.19	0.48	0.16	0.75	0.03	0.02	0.33	-0.13	-0.28		0.58	-0.17	-0.31	0.7	0.72	-0.4	-0.07
Net Tangible Assets	0.24	-0.26	0.1	0.8	0.3	0.75	0.15	0.74	0.47	-0.26	0.49	0.31	0.51	0.08	0.07	0.4	-0.7	-0.76	0.58		-0.23	-0.04	0.9	0.79	-0.85	0.06
Other Stockholder Equity	-0.07	-0.28	0.05	-0.17	-0.16	-0.11	0.11	-0.35	-0.6	0.4	-0.16	-0.19	-0.14	0.01	0.01	-0.02	-0.15	-0.1	-0.17	-0.23		-0.26	0.13	-0.16	-0.18	0.12
Deferred Long Term Liab	0.08	-0.3	0.15	0.01	-0.11	0.14	0.2	-0.08	0.03	0.18	-0.21	0.35	-0.54	0.13	0.01	-0.05	-0.09	-0.07	-0.31	-0.04	-0.26		-0.13	0.08	0.01	0.04
Long Term Investments	0.23	-0.33	0.14	0.7	0.28	0.64	0.21	0.52	0.23	-0.05	0.47	0.26	0.55	0.1	0.08	0.43	-0.68	-0.76	0.7	0.9	0.13	-0.13		0.84	-0.91	0.13
Total Current Assets	0.29	-0.25	0.25	0.61	0.36	0.54	0.3	0.42	0.32	-0.02	0.61	0.38	0.49	0.22	0.1	0.39	-0.48	-0.62	0.72	0.79	-0.16	0.08	0.84		-0.71	0.28
Non Current Assets Total	-0.16	0.5	-0.1	-0.66	-0.19	-0.68	-0.2	-0.44	-0.17	-0.03	-0.37	-0.23	-0.36	-0.05	-0.04	-0.35	0.8	0.86	-0.4	-0.85	-0.18	0.01	-0.91	-0.71		-0.27
Non Currrent Assets Other	0.08	-0.28	0.16	0.07	-0.06	0.13	0.24	-0.28	-0.01	0.48	0.11	-0.03	-0.2	0.12	0.05	0.05	-0.27	-0.21	-0.07	0.06	0.12	0.04	0.13	0.28	-0.27

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Dongfeng Automobile Account Relationship Matchups

Dongfeng Automobile fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	20.2B	19.9B	17.7B	19.2B	22.0B	16.5B
Other Current Liab	972.4M	945.6M	1.1B	1.6B	1.9B	1.4B
Total Current Liabilities	11.3B	10.7B	8.3B	9.7B	11.2B	8.8B
Total Stockholder Equity	7.8B	8.0B	8.2B	8.3B	9.6B	6.4B
Other Liab	540.5M	612.8M	662.7M	675.3M	776.6M	815.4M
Retained Earnings	5.2B	5.4B	5.6B	4.7B	5.4B	3.2B
Accounts Payable	9.5B	8.6B	6.5B	7.8B	9.0B	7.0B
Cash	5.5B	5.8B	6.2B	5.7B	6.6B	4.0B
Other Assets	520.8M	570.9M	591.9M	655.1M	753.3M	487.2M
Net Receivables	4.7B	3.6B	3.7B	3.7B	4.3B	4.9B
Inventory	2.5B	2.3B	1.5B	2.0B	2.3B	1.9B
Other Current Assets	145.8M	247.4M	498.1M	1.1B	1.2B	1.3B
Total Liab	12.1B	11.6B	9.2B	10.6B	12.2B	9.4B
Intangible Assets	398.6M	387.4M	383.8M	424.5M	488.2M	276.1M
Property Plant Equipment	2.0B	2.2B	2.1B	1.9B	2.2B	3.0B
Net Tangible Assets	7.0B	7.4B	7.6B	7.8B	9.0B	7.4B
Other Stockholder Equity	16.6M	16.7M	15.9M	14.3M	12.9M	22.0M
Deferred Long Term Liab	13.5M	14.2M	4.6M	1.0M	1.2M	1.1M
Total Current Assets	15.4B	15.2B	13.3B	14.6B	16.8B	15.8B
Non Current Assets Total	4.8B	4.7B	4.4B	4.6B	4.1B	3.8B
Non Currrent Assets Other	(648.7K)	(760.3K)	83.3M	94.4M	85.0M	80.7M
Non Current Liabilities Total	791.1M	845.8M	854.8M	845.1M	760.6M	639.4M
Non Current Liabilities Other	299.1M	361.9M	380.2M	394.4M	453.5M	310.0M
Net Invested Capital	7.8B	8.0B	8.2B	8.3B	9.6B	8.4B
Net Working Capital	4.1B	4.4B	5.0B	4.9B	5.6B	4.6B
Property Plant And Equipment Net	2.2B	2.1B	1.9B	2.0B	1.8B	1.6B
Property Plant And Equipment Gross	4.5B	4.6B	1.9B	4.8B	4.3B	3.2B

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

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Dongfeng Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Dongfeng Automobile fundamental ratios Correlations

Dongfeng Automobile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dongfeng Automobile fundamental ratios Accounts

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Other Information on Investing in Dongfeng Stock

COMMON DESTINATIONS

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Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.98	Total Assets
Total Current Liabilities	+ 0.97	Total Assets
Total Liab	+ 0.97	Accounts Payable
Accounts Payable	+ 0.95	Total Assets

Non Current Assets Total	- 0.91	Long Term Investments
Non Current Assets Total	- 0.85	Net Tangible Assets
Long Term Debt	- 0.8	Retained Earnings
Long Term Investments	- 0.76	Long Term Debt
Net Tangible Assets	- 0.76	Long Term Debt
Non Current Assets Total	- 0.71	Total Current Assets