Hainan Gross Profit vs Operating Income Analysis

600221 Stock

1.98 0.01 0.50%

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

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Airlines Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Hainan Airlines' Gross Profit and Operating Income is 0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hainan Airlines Co, assuming nothing else is changed. The correlation between historical values of Hainan Airlines' Gross Profit 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 Gross Profit of Hainan Airlines Co 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 Gross Profit i.e., Hainan Airlines' Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

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

Operating Income

Operating Income is the amount of profit realized from Hainan Airlines 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 Hainan Airlines Co 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 Hainan Airlines' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Airlines 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 Hainan Airlines 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 nation.

The current year's Selling General Administrative is expected to grow to about 2 B, whereas Tax Provision is forecasted to decline to (796.6 M).

	2021	2022	2023	2024 (projected)
Other Operating Expenses	571.4M	357.0M	410.6M	806.6M
Minority Interest	673.7M	1.2B	83.1M	79.0M

Other Operating Expenses Minority Interest

Hainan Airlines fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.25	0.67	0.46	0.49	0.05	0.39	0.59	0.85	0.13	0.47	0.08	0.69	0.82	0.37	0.23	0.61	0.32	0.29	0.17	0.06	0.77	0.53	0.13	-0.21	0.61
Other Current Liab	0.25		0.73	-0.49	0.1	-0.22	0.5	-0.21	0.09	0.24	-0.05	0.19	-0.08	0.58	0.07	-0.1	-0.12	0.28	0.32	-0.55	-0.5	0.26	-0.32	0.04	-0.43	0.6
Total Current Liabilities	0.67	0.73		0.02	0.26	0.03	0.55	0.28	0.57	-0.21	0.54	0.11	0.42	0.71	0.08	-0.07	0.09	0.48	0.29	-0.11	-0.08	0.64	0.26	0.38	-0.68	0.91
Total Stockholder Equity	0.46	-0.49	0.02		-0.18	0.75	-0.27	0.8	0.67	-0.24	0.43	-0.6	0.47	-0.12	-0.31	-0.32	0.09	0.05	-0.51	0.93	0.83	0.18	0.83	0.61	-0.3	0.26
Other Liab	0.49	0.1	0.26	-0.18		-0.71	0.25	-0.18	0.24	0.16	0.27	0.82	0.2	0.62	0.91	0.87	0.81	0.15	0.83	-0.46	-0.54	0.63	-0.15	-0.55	0.35	-0.02
Retained Earnings	0.05	-0.22	0.03	0.75	-0.71		-0.29	0.6	0.33	-0.32	0.27	-0.89	0.11	-0.4	-0.81	-0.85	-0.53	0.13	-0.8	0.88	0.86	-0.22	0.66	0.87	-0.6	0.37
Accounts Payable	0.39	0.5	0.55	-0.27	0.25	-0.29		0.15	0.33	0.21	0.08	0.23	0.26	0.62	0.14	0.17	0.21	0.26	0.4	-0.38	-0.33	0.4	-0.02	-0.09	-0.1	0.4
Cash	0.59	-0.21	0.28	0.8	-0.18	0.6	0.15		0.78	-0.11	0.27	-0.59	0.63	0.14	-0.26	-0.25	0.21	-0.07	-0.52	0.7	0.7	0.37	0.75	0.59	-0.41	0.44
Other Assets	0.85	0.09	0.57	0.67	0.24	0.33	0.33	0.78		-0.02	0.46	-0.28	0.67	0.52	0.06	0.02	0.39	0.09	-0.06	0.45	0.44	0.58	0.61	0.44	-0.41	0.6
Long Term Debt	0.13	0.24	-0.21	-0.24	0.16	-0.32	0.21	-0.11	-0.02		-0.66	0.08	-0.17	0.33	0.35	0.29	0.4	-0.2	0.17	-0.42	-0.49	-0.11	-0.42	-0.53	0.5	-0.33
Net Receivables	0.47	-0.05	0.54	0.43	0.27	0.27	0.08	0.27	0.46	-0.66		0.09	0.36	0.25	0.01	-0.08	0.04	0.68	0.22	0.37	0.31	0.42	0.58	0.46	-0.48	0.55
Inventory	0.08	0.19	0.11	-0.6	0.82	-0.89	0.23	-0.59	-0.28	0.08	0.09		-0.09	0.45	0.82	0.81	0.53	0.18	0.91	-0.73	-0.81	0.42	-0.42	-0.74	0.49	-0.18
Other Current Assets	0.69	-0.08	0.42	0.47	0.2	0.11	0.26	0.63	0.67	-0.17	0.36	-0.09		0.49	0.16	0.18	0.44	0.11	0.06	0.27	0.28	0.45	0.49	0.18	-0.18	0.36
Total Liab	0.82	0.58	0.71	-0.12	0.62	-0.4	0.62	0.14	0.52	0.33	0.25	0.45	0.49		0.58	0.43	0.6	0.35	0.66	-0.4	-0.46	0.68	0.07	-0.26	-0.02	0.49
Intangible Assets	0.37	0.07	0.08	-0.31	0.91	-0.81	0.14	-0.26	0.06	0.35	0.01	0.82	0.16	0.58		0.94	0.84	-0.03	0.78	-0.58	-0.63	0.5	-0.3	-0.72	0.53	-0.21
Common Stock	0.23	-0.1	-0.07	-0.32	0.87	-0.85	0.17	-0.25	0.02	0.29	-0.08	0.81	0.18	0.43	0.94		0.85	-0.17	0.72	-0.55	-0.59	0.42	-0.36	-0.77	0.63	-0.37
Property Plant Equipment	0.61	-0.12	0.09	0.09	0.81	-0.53	0.21	0.21	0.39	0.4	0.04	0.53	0.44	0.6	0.84	0.85		-0.07	0.51	-0.24	-0.34	0.6	0.0	-0.52	0.46	-0.14
Short Term Investments	0.32	0.28	0.48	0.05	0.15	0.13	0.26	-0.07	0.09	-0.2	0.68	0.18	0.11	0.35	-0.03	-0.17	-0.07		0.39	-0.02	-0.16	0.1	0.16	0.18	-0.31	0.39
Good Will	0.29	0.32	0.29	-0.51	0.83	-0.8	0.4	-0.52	-0.06	0.17	0.22	0.91	0.06	0.66	0.78	0.72	0.51	0.39		-0.7	-0.78	0.4	-0.34	-0.67	0.4	-0.03
Net Tangible Assets	0.17	-0.55	-0.11	0.93	-0.46	0.88	-0.38	0.7	0.45	-0.42	0.37	-0.73	0.27	-0.4	-0.58	-0.55	-0.24	-0.02	-0.7		0.94	-0.03	0.81	0.72	-0.36	0.21
Other Stockholder Equity	0.06	-0.5	-0.08	0.83	-0.54	0.86	-0.33	0.7	0.44	-0.49	0.31	-0.81	0.28	-0.46	-0.63	-0.59	-0.34	-0.16	-0.78	0.94		-0.11	0.72	0.8	-0.48	0.24
Deferred Long Term Liab	0.77	0.26	0.64	0.18	0.63	-0.22	0.4	0.37	0.58	-0.11	0.42	0.42	0.45	0.68	0.5	0.42	0.6	0.1	0.4	-0.03	-0.11		0.42	0.0	-0.15	0.59
Non Current Assets Total	0.53	-0.32	0.26	0.83	-0.15	0.66	-0.02	0.75	0.61	-0.42	0.58	-0.42	0.49	0.07	-0.3	-0.36	0.0	0.16	-0.34	0.81	0.72	0.42		0.6	-0.35	0.52
Non Currrent Assets Other	0.13	0.04	0.38	0.61	-0.55	0.87	-0.09	0.59	0.44	-0.53	0.46	-0.74	0.18	-0.26	-0.72	-0.77	-0.52	0.18	-0.67	0.72	0.8	0.0	0.6		-0.89	0.64
Non Current Liabilities Total	-0.21	-0.43	-0.68	-0.3	0.35	-0.6	-0.1	-0.41	-0.41	0.5	-0.48	0.49	-0.18	-0.02	0.53	0.63	0.46	-0.31	0.4	-0.36	-0.48	-0.15	-0.35	-0.89		-0.81
Short Long Term Debt	0.61	0.6	0.91	0.26	-0.02	0.37	0.4	0.44	0.6	-0.33	0.55	-0.18	0.36	0.49	-0.21	-0.37	-0.14	0.39	-0.03	0.21	0.24	0.59	0.52	0.64	-0.81

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Hainan Airlines Account Relationship Matchups

Hainan Airlines fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	196.5B	164.6B	143.3B	138.1B	134.0B	102.2B
Other Current Liab	8.7B	112.3B	6.0B	4.7B	133.0M	126.4M
Total Current Liabilities	130.7B	178.9B	23.1B	30.8B	32.9B	43.7B
Total Stockholder Equity	52.2B	(28.4B)	8.5B	1.2B	2.3B	2.2B
Other Liab	10.9B	8.0B	9.2B	10.7B	12.3B	13.0B
Retained Earnings	12.7B	(51.7B)	(49.3B)	(74.2B)	(76.5B)	(72.7B)
Accounts Payable	8.5B	14.6B	4.7B	7.6B	11.6B	6.1B
Cash	20.1B	8.2B	8.8B	10.6B	8.9B	14.8B
Other Assets	19.8B	13.9B	5.7B	12.1B	14.0B	9.9B
Long Term Debt	4.7B	3.1B	48.7B	46.6B	45.6B	27.4B
Net Receivables	29.8B	2.4B	2.1B	1.1B	2.6B	4.1B
Inventory	1.0B	1.1B	1.5B	1.3B	1.5B	1.6B
Other Current Assets	2.4B	1.4B	1.6B	2.1B	1.9B	1.5B
Total Liab	134.4B	186.8B	132.3B	137.7B	132.5B	81.2B
Intangible Assets	792.7M	888.6M	1.3B	1.6B	1.6B	1.6B
Property Plant Equipment	67.9B	56.5B	97.7B	89.5B	102.9B	108.0B
Short Term Investments	10.2B	4.6B	5.2B	277.8M	442.3M	420.2M
Net Tangible Assets	49.9B	(30.1B)	6.4B	(1.2B)	(1.1B)	(1.1B)
Other Stockholder Equity	4.3B	(11.5B)	(10.1B)	(5.3B)	(4.8B)	(4.5B)
Deferred Long Term Liab	1.4B	1.4B	1.2B	1.0B	1.2B	1.4B
Non Current Assets Total	146.3B	98.3B	113.3B	115.5B	106.9B	100.3B
Non Currrent Assets Other	11.1B	7.4B	1.7B	1.9B	2.7B	5.4B
Non Current Liabilities Total	14.2B	8.0B	109.2B	106.8B	99.5B	62.0B
Short Long Term Debt	30.8B	28.7B	35.1B	79.6M	1.6B	1.5B
Total Current Assets	63.6B	66.3B	30.0B	22.6B	27.1B	33.7B
Non Current Liabilities Other	6.3B	7.7B	8.9B	9.7B	10.0B	5.9B
Net Invested Capital	83.3B	6.8B	57.2B	47.9B	49.5B	51.7B
Net Working Capital	(70.0B)	(112.6B)	6.9B	(8.3B)	(5.8B)	(6.1B)

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

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Hainan Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Hainan Airlines fundamental ratios Correlations

Hainan Airlines Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hainan Airlines fundamental ratios Accounts

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Other Information on Investing in Hainan Stock

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COMPANY

Common Stock	+ 0.94	Intangible Assets
Other Stockholder Equity	+ 0.94	Net Tangible Assets
Net Tangible Assets	+ 0.93	Total Stockholder Equity
Short Long Term Debt	+ 0.91	Total Current Liabilities
Intangible Assets	+ 0.91	Other Liab
Good Will	+ 0.91	Inventory

Non Current Liabilities Total	- 0.89	Non Currrent Assets Other
Inventory	- 0.89	Retained Earnings
Common Stock	- 0.85	Retained Earnings
Short Long Term Debt	- 0.81	Non Current Liabilities Total
Other Stockholder Equity	- 0.81	Inventory
Intangible Assets	- 0.81	Retained Earnings