Jiangsu Operating Income vs Ebit Analysis

600287 Stock   4.43  0.09  1.99%   
Jiangsu Sainty financial indicator trend analysis is infinitely more than just investigating Jiangsu Sainty Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Sainty Corp is a good investment. Please check the relationship between Jiangsu Sainty Operating Income and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Sainty Corp. 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 Jiangsu Sainty Corp Operating Income account and Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangsu Sainty's Operating Income and Ebit is 0.59. 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 Jiangsu Sainty Corp, assuming nothing else is changed. The correlation between historical values of Jiangsu Sainty'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 Jiangsu Sainty Corp 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., Jiangsu Sainty's Operating Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Jiangsu Sainty Corp 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 Jiangsu Sainty Corp 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 Jiangsu Sainty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Sainty Corp 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 Jiangsu Sainty Corp. 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 Tax Provision is expected to grow to about 35.4 M, whereas Selling General Administrative is forecasted to decline to about 246 M.
 2022 2023 2024 2025 (projected)
Operating Income143.9M145.2M167.0M124.7M
Total Revenue4.1B3.4B3.9B5.3B

Jiangsu Sainty fundamental ratios Correlations

0.410.740.510.520.810.640.260.290.40.420.340.810.180.690.330.670.370.470.29-0.180.210.58-0.070.160.13
0.410.6-0.170.690.58-0.110.290.510.04-0.450.920.580.03-0.010.410.18-0.36-0.3-0.440.63-0.460.030.710.320.73
0.740.6-0.20.230.820.530.410.250.040.160.640.99-0.030.390.790.38-0.3-0.18-0.360.35-0.410.150.38-0.070.46
0.51-0.17-0.20.470.160.26-0.140.080.540.4-0.32-0.080.270.49-0.530.480.890.90.86-0.710.80.67-0.590.32-0.39
0.520.690.230.470.540.030.050.330.36-0.230.460.290.170.1-0.150.250.250.340.160.070.070.550.230.440.38
0.810.580.820.160.540.710.230.10.230.180.440.84-0.020.270.520.38-0.040.14-0.090.14-0.220.50.30.00.46
0.64-0.110.530.260.030.71-0.01-0.220.280.55-0.210.57-0.020.330.350.260.220.380.19-0.30.070.57-0.18-0.230.06
0.260.290.41-0.140.050.23-0.01-0.03-0.090.010.390.39-0.730.140.180.15-0.25-0.24-0.250.25-0.25-0.140.22-0.080.18
0.290.510.250.080.330.1-0.22-0.030.53-0.240.480.280.310.260.220.30.090.02-0.090.04-0.020.1-0.040.780.1
0.40.040.040.540.360.230.28-0.090.530.04-0.120.110.060.19-0.180.190.550.560.32-0.470.310.69-0.480.51-0.01
0.42-0.450.160.4-0.230.180.550.01-0.240.04-0.340.210.180.7-0.030.610.320.310.37-0.520.340.15-0.56-0.33-0.57
0.340.920.64-0.320.460.44-0.210.390.48-0.12-0.340.610.040.130.540.29-0.47-0.49-0.510.73-0.48-0.260.740.150.67
0.810.580.99-0.080.290.840.570.390.280.110.210.610.010.450.750.44-0.18-0.07-0.240.27-0.30.230.31-0.030.42
0.180.03-0.030.270.17-0.02-0.02-0.730.310.060.180.040.010.430.050.390.280.240.27-0.130.290.1-0.130.13-0.13
0.69-0.010.390.490.10.270.330.140.260.190.70.130.450.430.20.920.360.320.35-0.360.360.13-0.360.06-0.33
0.330.410.79-0.53-0.150.520.350.180.22-0.18-0.030.540.750.050.20.2-0.5-0.46-0.510.49-0.49-0.250.46-0.140.4
0.670.180.380.480.250.380.260.150.30.190.610.290.440.390.920.20.250.20.25-0.240.250.06-0.180.11-0.18
0.37-0.36-0.30.890.25-0.040.22-0.250.090.550.32-0.47-0.180.280.36-0.50.250.940.96-0.740.950.62-0.680.29-0.47
0.47-0.3-0.180.90.340.140.38-0.240.020.560.31-0.49-0.070.240.32-0.460.20.940.9-0.740.830.8-0.650.28-0.4
0.29-0.44-0.360.860.16-0.090.19-0.25-0.090.320.37-0.51-0.240.270.35-0.510.250.960.9-0.730.980.49-0.640.16-0.54
-0.180.630.35-0.710.070.14-0.30.250.04-0.47-0.520.730.27-0.13-0.360.49-0.24-0.74-0.74-0.73-0.69-0.50.91-0.290.74
0.21-0.46-0.410.80.07-0.220.07-0.25-0.020.310.34-0.48-0.30.290.36-0.490.250.950.830.98-0.690.35-0.640.19-0.57
0.580.030.150.670.550.50.57-0.140.10.690.15-0.260.230.10.13-0.250.060.620.80.49-0.50.35-0.390.28-0.01
-0.070.710.38-0.590.230.3-0.180.22-0.04-0.48-0.560.740.31-0.13-0.360.46-0.18-0.68-0.65-0.640.91-0.64-0.39-0.210.86
0.160.32-0.070.320.440.0-0.23-0.080.780.51-0.330.15-0.030.130.06-0.140.110.290.280.16-0.290.190.28-0.21-0.09
0.130.730.46-0.390.380.460.060.180.1-0.01-0.570.670.42-0.13-0.330.4-0.18-0.47-0.4-0.540.74-0.57-0.010.86-0.09
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Jiangsu Sainty Account Relationship Matchups

Jiangsu Sainty fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.0B4.1B3.9B3.5B4.0B4.1B
Other Current Liab646.6M312.1M2.2M1.6M1.8M1.7M
Total Current Liabilities2.9B2.0B1.8B1.3B1.5B2.4B
Total Stockholder Equity2.6B1.8B1.7B1.8B2.1B1.4B
Retained Earnings1.3B658.4M(244.8M)(213.2M)(245.2M)(233.0M)
Accounts Payable1.8B813.7M683.5M375.2M431.5M409.9M
Cash1.3B805.4M976.7M749.4M861.8M882.1M
Other Assets82.2M78.4M67.5M68.0M78.2M105.7M
Net Receivables195.4M313.5M460.1M421.2M379.1M466.1M
Short Term Investments193.4M157.9M131.9M140.5M161.6M97.5M
Inventory506.2M510.0M627.8M499.3M574.2M449.8M
Other Current Assets277.6M404.1M21.8M23.8M27.3M26.0M
Total Liab3.1B2.1B2.0B1.5B1.7B2.5B
Intangible Assets40.8M39.0M38.0M37.0M42.5M40.8M
Property Plant Equipment318.9M306.6M287.3M287.5M258.7M384.4M
Other Liab153.0M268.7M246.8M172.1M197.9M207.8M
Net Tangible Assets1.8B2.2B2.6B1.7B2.0B2.1B
Other Stockholder Equity455.4M437.2M670.4M473.5M544.5M514.6M
Deferred Long Term Liab2.6M2.8M2.5M2.2M2.0M2.8M
Total Current Assets4.3B2.7B2.6B2.2B2.5B3.1B
Non Current Assets Total1.6B1.4B1.2B1.3B1.1B1.2B
Non Currrent Assets Other1.6B1.4B630.2K720K648K615.6K
Non Current Liabilities Total246.8M178.1M129.1M152.8M137.5M155.8M
Short Long Term Debt182.0M780.5M794.1M674.8M776.0M468.4M
Net Invested Capital2.8B2.6B2.5B2.5B2.9B2.7B
Net Working Capital1.4B710.8M803.0M862.6M992.0M995.6M
Property Plant And Equipment Net287.3M287.5M272.4M259.2M233.3M226.1M
Property Plant And Equipment Gross543.1M556.3M558.6M560.5M504.5M446.2M

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Other Information on Investing in Jiangsu Stock

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