Bank Total Revenue vs Other Operating Expenses Analysis

601009 Stock   10.53  0.03  0.29%   
Bank of Nanjing financial indicator trend analysis is way more than just evaluating Bank of Nanjing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Nanjing is a good investment. Please check the relationship between Bank of Nanjing Total Revenue and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Nanjing. 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.

Total Revenue vs Other Operating Expenses

Total Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Nanjing Total Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bank of Nanjing's Total Revenue and Other Operating Expenses is -0.68. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Bank of Nanjing, assuming nothing else is changed. The correlation between historical values of Bank of Nanjing's Total Revenue and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Bank of Nanjing are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Bank of Nanjing's Total Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Bank of Nanjing generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank of Nanjing. It is also known as Bank of Nanjing overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Bank of Nanjing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Nanjing 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 Bank of Nanjing. 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.
As of December 19, 2024, Selling General Administrative is expected to decline to about 3.5 B. In addition to that, Tax Provision is expected to decline to about 2.8 B
 2023 2024 (projected)
Operating Income14.5B7.9B
Total Revenue44.3B46.5B

Bank of Nanjing fundamental ratios Correlations

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0.990.480.940.970.350.99-0.580.990.950.950.980.890.380.90.870.090.940.810.79-0.490.830.790.890.890.9
0.520.480.610.460.290.47-0.30.520.340.50.560.530.540.430.47-0.010.320.210.09-0.080.520.430.460.570.37
0.950.940.610.880.490.94-0.630.950.790.940.950.910.450.870.850.170.850.740.59-0.330.820.840.870.890.84
0.950.970.460.880.290.93-0.370.950.940.910.940.80.320.850.830.040.910.770.81-0.520.790.70.840.830.86
0.390.350.290.490.290.39-0.330.390.20.430.460.450.030.380.330.220.420.3-0.05-0.140.350.470.360.490.34
0.990.990.470.940.930.39-0.670.990.940.960.980.920.410.90.860.120.930.820.75-0.440.820.820.890.90.88
-0.6-0.58-0.3-0.63-0.37-0.33-0.67-0.6-0.52-0.64-0.62-0.72-0.35-0.56-0.53-0.38-0.52-0.59-0.290.0-0.47-0.66-0.56-0.62-0.48
1.00.990.520.950.950.390.99-0.60.930.970.990.930.390.880.840.160.910.830.72-0.40.780.840.870.870.85
0.940.950.340.790.940.20.94-0.520.930.890.920.820.330.820.780.070.90.820.84-0.490.730.720.80.820.82
0.970.950.50.940.910.430.96-0.640.970.890.970.960.460.850.80.310.840.870.6-0.230.720.910.830.870.8
0.990.980.560.950.940.460.98-0.620.990.920.970.940.380.870.830.170.90.810.68-0.380.780.840.860.910.84
0.930.890.530.910.80.450.92-0.720.930.820.960.940.460.770.710.370.730.850.46-0.060.60.950.760.820.67
0.390.380.540.450.320.030.41-0.350.390.330.460.380.460.270.31-0.110.20.150.050.020.40.420.290.410.41
0.880.90.430.870.850.380.9-0.560.880.820.850.870.770.270.990.080.890.820.74-0.520.910.781.00.880.86
0.840.870.470.850.830.330.86-0.530.840.780.80.830.710.310.99-0.020.880.730.75-0.590.950.710.990.870.88
0.150.09-0.010.170.040.220.12-0.380.160.070.310.170.37-0.110.08-0.02-0.020.53-0.230.61-0.210.420.050.03-0.11
0.910.940.320.850.910.420.93-0.520.910.90.840.90.730.20.890.88-0.020.730.86-0.680.870.640.880.880.92
0.830.810.210.740.770.30.82-0.590.830.820.870.810.850.150.820.730.530.730.58-0.130.550.870.790.660.63
0.730.790.090.590.81-0.050.75-0.290.720.840.60.680.460.050.740.75-0.230.860.58-0.760.740.360.730.620.79
-0.4-0.49-0.08-0.33-0.52-0.14-0.440.0-0.4-0.49-0.23-0.38-0.060.02-0.52-0.590.61-0.68-0.13-0.76-0.690.03-0.51-0.46-0.71
0.780.830.520.820.790.350.82-0.470.780.730.720.780.60.40.910.95-0.210.870.550.74-0.690.560.920.870.89
0.830.790.430.840.70.470.82-0.660.840.720.910.840.950.420.780.710.420.640.870.360.030.560.780.760.58
0.870.890.460.870.840.360.89-0.560.870.80.830.860.760.291.00.990.050.880.790.73-0.510.920.780.870.84
0.870.890.570.890.830.490.9-0.620.870.820.870.910.820.410.880.870.030.880.660.62-0.460.870.760.870.82
0.850.90.370.840.860.340.88-0.480.850.820.80.840.670.410.860.88-0.110.920.630.79-0.710.890.580.840.82
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Bank of Nanjing Account Relationship Matchups

Bank of Nanjing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3T1.5T1.7T2.1T2.3T2.4T
Total Stockholder Equity86.9B106.9B121.4B156.3B169.6B178.0B
Other Liab14.5B14.2B12.2B10.0B11.5B6.7B
Retained Earnings54.9B63.6B75.1B88.7B66.6B69.9B
Accounts Payable873.7B1.0T1.1T1.4T1.6T1.7T
Cash213.8B127.7B1.3T152.0B163.0B135.2B
Other Assets555.5B671.8B784.5B934.8B1.1T1.1T
Total Liab1.3T1.4T1.6T1.9T2.1T2.2T
Intangible Assets433.6M474.5M477.8M611.5M1.1B1.2B
Property Plant Equipment7.9B8.3B10.7B10.6B12.2B12.8B
Other Current Liab3.5B4.9B1.6B1.7B1.9B2.3B
Total Current Liabilities929.7B1.1T1.2T1.5T1.7T1.1T
Net Tangible Assets76.6B96.6B111.0B145.6B167.4B89.8B
Net Receivables2.4B5.0B7.0B3.1B2.8B2.7B
Inventory641.9M664.8M2.0B2.1B2.4B2.5B
Other Current Assets83.7B87.7B90.9B97.8B112.5B99.6B
Other Stockholder Equity423.9M90.8M3.0B20.9B24.0B25.2B
Deferred Long Term Liab316.0M283.8M238.5M241.3M217.1M231.8M
Long Term Investments631.4B680.5B808.6B916.4B987.0B663.1B
Total Current Assets338.3B347.0B450.5B618.5B711.2B363.9B
Net Debt99.1B95.2B123.7B103.7B134.2B109.8B
Net Invested Capital295.2B319.8B366.7B402.0B457.0B379.3B

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Other Information on Investing in Bank Stock

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