Shanghai Net Income vs Operating Income Analysis

600170 Stock

2.61 0.01 0.38%

Shanghai Construction financial indicator trend analysis is much more than just breaking down Shanghai Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Construction is a good investment. Please check the relationship between Shanghai Construction Net Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Construction Group. 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 Shanghai Construction Net Income account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shanghai Construction's Net Income and Operating Income is 0.5. 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 Shanghai Construction Group, assuming nothing else is changed. The correlation between historical values of Shanghai Construction'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 Shanghai Construction Group 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., Shanghai Construction's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.5

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Shanghai Construction financial statement analysis. It represents the amount of money remaining after all of Shanghai Construction Group 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 Shanghai Construction 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 Shanghai Construction Group 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 Shanghai Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Construction 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 Shanghai Construction Group. 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 December 2, 2024, Selling General Administrative is expected to decline to about 1.7 B. In addition to that, Tax Provision is expected to decline to about 1.2 B

	2021	2022	2023	2024 (projected)
Operating Income	7.7B	6.8B	7.4B	7.8B
Total Revenue	281.1B	286.0B	304.6B	319.9B

Operating Income Total Revenue

Shanghai Construction 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	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		-0.04	1.0	0.98	0.76	0.97	0.98	0.99	0.98	0.99	0.62	0.9	1.0	0.72	0.91	0.91	0.99	0.71	0.6	0.93	0.89	0.88	0.85	0.87	0.95	0.81
Other Current Liab	-0.04		-0.06	0.1	0.35	0.19	-0.21	-0.03	-0.21	-0.06	0.68	-0.13	-0.05	-0.12	0.2	-0.07	0.02	0.12	-0.29	-0.09	-0.14	-0.12	0.09	-0.19	-0.08	-0.11
Total Current Liabilities	1.0	-0.06		0.98	0.75	0.96	0.98	0.99	0.98	0.99	0.6	0.9	1.0	0.73	0.9	0.91	0.99	0.71	0.61	0.93	0.9	0.88	0.85	0.88	0.94	0.81
Total Stockholder Equity	0.98	0.1	0.98		0.82	0.99	0.93	0.98	0.94	0.97	0.72	0.85	0.98	0.7	0.96	0.9	0.98	0.7	0.52	0.91	0.86	0.83	0.87	0.81	0.91	0.78
Other Liab	0.76	0.35	0.75	0.82		0.82	0.64	0.77	0.66	0.69	0.8	0.56	0.76	0.5	0.88	0.68	0.79	0.54	0.32	0.65	0.57	0.6	0.7	0.55	0.66	0.49
Retained Earnings	0.97	0.19	0.96	0.99	0.82		0.91	0.96	0.91	0.96	0.77	0.86	0.97	0.65	0.93	0.85	0.97	0.77	0.54	0.91	0.86	0.85	0.87	0.83	0.92	0.8
Accounts Payable	0.98	-0.21	0.98	0.93	0.64	0.91		0.96	0.99	0.97	0.46	0.94	0.98	0.7	0.81	0.87	0.95	0.71	0.7	0.94	0.93	0.91	0.82	0.93	0.96	0.84
Cash	0.99	-0.03	0.99	0.98	0.77	0.96	0.96		0.97	0.98	0.63	0.86	0.99	0.75	0.93	0.92	0.98	0.67	0.55	0.91	0.86	0.84	0.83	0.83	0.92	0.77
Other Assets	0.98	-0.21	0.98	0.94	0.66	0.91	0.99	0.97		0.97	0.47	0.9	0.98	0.73	0.84	0.9	0.96	0.66	0.66	0.92	0.91	0.88	0.81	0.89	0.94	0.81
Net Receivables	0.99	-0.06	0.99	0.97	0.69	0.96	0.97	0.98	0.97		0.61	0.91	0.99	0.71	0.9	0.9	0.98	0.71	0.53	0.93	0.9	0.86	0.86	0.85	0.93	0.83
Inventory	0.62	0.68	0.6	0.72	0.8	0.77	0.46	0.63	0.47	0.61		0.46	0.61	0.29	0.8	0.49	0.67	0.6	0.06	0.6	0.51	0.51	0.73	0.41	0.58	0.53
Other Current Assets	0.9	-0.13	0.9	0.85	0.56	0.86	0.94	0.86	0.9	0.91	0.46		0.9	0.56	0.71	0.72	0.89	0.79	0.67	0.9	0.9	0.91	0.83	0.94	0.94	0.88
Total Liab	1.0	-0.05	1.0	0.98	0.76	0.97	0.98	0.99	0.98	0.99	0.61	0.9		0.72	0.91	0.91	0.99	0.71	0.6	0.93	0.89	0.88	0.85	0.88	0.95	0.81
Intangible Assets	0.72	-0.12	0.73	0.7	0.5	0.65	0.7	0.75	0.73	0.71	0.29	0.56	0.72		0.6	0.87	0.65	0.3	0.52	0.52	0.55	0.53	0.38	0.6	0.56	0.47
Common Stock	0.91	0.2	0.9	0.96	0.88	0.93	0.81	0.93	0.84	0.9	0.8	0.71	0.91	0.6		0.82	0.94	0.6	0.3	0.82	0.74	0.69	0.83	0.65	0.8	0.66
Property Plant Equipment	0.91	-0.07	0.91	0.9	0.68	0.85	0.87	0.92	0.9	0.9	0.49	0.72	0.91	0.87	0.82		0.86	0.45	0.49	0.77	0.75	0.68	0.65	0.7	0.77	0.63
Long Term Debt	0.99	0.02	0.99	0.98	0.79	0.97	0.95	0.98	0.96	0.98	0.67	0.89	0.99	0.65	0.94	0.86		0.71	0.53	0.93	0.88	0.86	0.88	0.85	0.94	0.8
Short Term Investments	0.71	0.12	0.71	0.7	0.54	0.77	0.71	0.67	0.66	0.71	0.6	0.79	0.71	0.3	0.6	0.45	0.71		0.53	0.77	0.72	0.86	0.76	0.77	0.8	0.84
Good Will	0.6	-0.29	0.61	0.52	0.32	0.54	0.7	0.55	0.66	0.53	0.06	0.67	0.6	0.52	0.3	0.49	0.53	0.53		0.63	0.72	0.79	0.47	0.85	0.7	0.67
Net Tangible Assets	0.93	-0.09	0.93	0.91	0.65	0.91	0.94	0.91	0.92	0.93	0.6	0.9	0.93	0.52	0.82	0.77	0.93	0.77	0.63		0.98	0.94	0.95	0.92	0.98	0.92
Other Stockholder Equity	0.89	-0.14	0.9	0.86	0.57	0.86	0.93	0.86	0.91	0.9	0.51	0.9	0.89	0.55	0.74	0.75	0.88	0.72	0.72	0.98		0.95	0.92	0.95	0.97	0.94
Deferred Long Term Liab	0.88	-0.12	0.88	0.83	0.6	0.85	0.91	0.84	0.88	0.86	0.51	0.91	0.88	0.53	0.69	0.68	0.86	0.86	0.79	0.94	0.95		0.87	0.98	0.97	0.94
Long Term Investments	0.85	0.09	0.85	0.87	0.7	0.87	0.82	0.83	0.81	0.86	0.73	0.83	0.85	0.38	0.83	0.65	0.88	0.76	0.47	0.95	0.92	0.87		0.82	0.91	0.9
Short Long Term Debt	0.87	-0.19	0.88	0.81	0.55	0.83	0.93	0.83	0.89	0.85	0.41	0.94	0.88	0.6	0.65	0.7	0.85	0.77	0.85	0.92	0.95	0.98	0.82		0.95	0.91
Total Current Assets	0.95	-0.08	0.94	0.91	0.66	0.92	0.96	0.92	0.94	0.93	0.58	0.94	0.95	0.56	0.8	0.77	0.94	0.8	0.7	0.98	0.97	0.97	0.91	0.95		0.91
Short Term Debt	0.81	-0.11	0.81	0.78	0.49	0.8	0.84	0.77	0.81	0.83	0.53	0.88	0.81	0.47	0.66	0.63	0.8	0.84	0.67	0.92	0.94	0.94	0.9	0.91	0.91

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Shanghai Construction Account Relationship Matchups

Shanghai Construction fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	257.3B	321.4B	353.8B	366.8B	382.1B	401.2B
Other Current Liab	68.7B	51.9B	56.1B	55.4B	1.3B	1.2B
Total Current Liabilities	174.7B	220.1B	241.5B	248.5B	265.1B	278.4B
Total Stockholder Equity	33.1B	36.7B	41.0B	40.5B	41.0B	43.1B
Other Liab	2.1B	3.5B	2.3B	2.1B	2.4B	2.5B
Retained Earnings	15.6B	17.1B	18.9B	18.4B	16.3B	17.1B
Accounts Payable	87.7B	136.3B	157.4B	170.3B	178.0B	186.9B
Cash	66.1B	78.5B	84.2B	88.6B	98.2B	103.1B
Other Assets	28.4B	43.6B	51.4B	54.4B	62.6B	65.7B
Net Receivables	48.7B	44.2B	55.2B	62.5B	64.0B	67.2B
Inventory	88.0B	71.2B	69.7B	64.8B	60.3B	35.5B
Other Current Assets	5.3B	6.1B	5.4B	7.9B	5.9B	6.2B
Total Liab	221.1B	277.5B	302.2B	315.7B	330.9B	347.4B
Intangible Assets	2.1B	3.0B	2.8B	4.0B	4.1B	4.3B
Property Plant Equipment	8.2B	8.8B	12.3B	12.8B	14.7B	15.4B
Long Term Debt	45.4B	53.5B	56.0B	62.8B	61.7B	64.8B
Short Term Investments	3.2B	2.6B	2.3B	1.6B	1.5B	972.5M
Good Will	114.1M	570.3M	525.4M	467.6M	443.0M	333.4M
Net Tangible Assets	30.8B	33.1B	37.7B	36.0B	41.4B	31.7B
Other Stockholder Equity	6.4B	8.5B	10.4B	10.4B	12.0B	7.4B
Deferred Long Term Liab	338.1M	554.8M	513.5M	497.8M	572.5M	298.2M
Short Long Term Debt	5.8B	9.7B	8.6B	10.0B	9.7B	7.3B
Total Current Assets	211.2B	255.9B	275.6B	282.2B	287.0B	232.1B
Non Current Assets Total	46.0B	65.5B	78.2B	84.6B	95.1B	66.0B
Non Currrent Assets Other	389.6M	22.1B	25.9B	27.9B	35.7B	37.4B
Non Current Liabilities Total	46.4B	57.3B	60.7B	67.3B	65.8B	56.5B
Non Current Liabilities Other	59.7M	63.3M	14.3M	50.9M	126.0M	132.3M
Net Invested Capital	83.2B	99.8B	105.5B	113.2B	112.5B	101.8B
Net Working Capital	36.5B	35.7B	34.1B	33.7B	21.9B	25.3B

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Other Information on Investing in Shanghai Stock

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

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Shanghai Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Shanghai Construction fundamental ratios Correlations

Shanghai Construction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Construction fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Long Term Debt	+ 0.99	Total Assets

Good Will	- 0.29	Other Current Liab
Other Assets	- 0.21	Other Current Liab
Accounts Payable	- 0.21	Other Current Liab
Short Long Term Debt	- 0.19	Other Current Liab
Other Stockholder Equity	- 0.14	Other Current Liab
Other Current Assets	- 0.13	Other Current Liab