601058 Stock | | | 14.08 0.04 0.28% |
Sailun Jinyu financial indicator trend analysis is much more than just breaking down Sailun Jinyu Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailun Jinyu Group is a good investment. Please check the relationship between Sailun Jinyu Net Income From Continuing Ops and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sailun Jinyu 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 From Continuing Ops vs Operating Income
Net Income From Continuing Ops vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sailun Jinyu Group Net Income From Continuing Ops account and
Operating Income. At this time, the significance of the direction appears to have totally related.
The correlation between Sailun Jinyu's Net Income From Continuing Ops and Operating Income is 0.99. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Sailun Jinyu Group, assuming nothing else is changed. The correlation between historical values of Sailun Jinyu's Net Income From Continuing Ops 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 From Continuing Ops of Sailun Jinyu 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 From Continuing Ops i.e., Sailun Jinyu's Net Income From Continuing Ops and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Operating Income
Operating Income is the amount of profit realized from Sailun Jinyu Group 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 Sailun Jinyu 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 Sailun Jinyu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailun Jinyu Group 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 Sailun Jinyu 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 23, 2024,
Selling General Administrative is expected to decline to about 768.8
M. In addition to that,
Tax Provision is expected to decline to about 125.5
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 1.7B | 2.0B | 4.1B | 4.3B | Total Revenue | 18.0B | 21.9B | 26.0B | 27.3B |
Sailun Jinyu fundamental ratios Correlations
Click cells to compare fundamentals
Sailun Jinyu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sailun Jinyu fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sailun Stock
Balance Sheet is a snapshot of the
financial position of Sailun Jinyu Group at a specified time, usually calculated after every quarter, six months, or one year. Sailun Jinyu Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sailun Jinyu 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 Sailun currently owns. An asset can also be divided into two categories, current and non-current.