Caitong Interest Income vs Selling General Administrative Analysis

601108 Stock   8.32  0.04  0.48%   
Caitong Securities financial indicator trend analysis is way more than just evaluating Caitong Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Caitong Securities is a good investment. Please check the relationship between Caitong Securities Interest Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Caitong Securities 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 board of governors.

Interest Income vs Selling General Administrative

Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Caitong Securities Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have very week relationship.
The correlation between Caitong Securities' Interest Income and Selling General Administrative is 0.24. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Caitong Securities Co, assuming nothing else is changed. The correlation between historical values of Caitong Securities' Interest Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Caitong Securities Co are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Interest Income i.e., Caitong Securities' Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Selling General Administrative

Most indicators from Caitong Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Caitong Securities 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 Caitong Securities 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 1.7 B, whereas Tax Provision is forecasted to decline to about 334.3 M.
 2023 2024 (projected)
Operating Income3.2B2.4B
Total Revenue6.0B5.0B

Caitong Securities fundamental ratios Correlations

0.93-0.260.760.850.490.470.710.990.60.840.720.560.780.640.850.870.860.75-0.510.840.860.710.720.720.76
0.93-0.560.850.840.250.470.590.880.460.870.670.560.880.640.790.940.840.72-0.630.860.810.710.720.720.71
-0.26-0.56-0.65-0.550.35-0.240.13-0.180.23-0.36-0.35-0.31-0.58-0.36-0.38-0.62-0.45-0.40.49-0.54-0.41-0.33-0.31-0.36-0.38
0.760.85-0.650.78-0.020.230.540.720.410.820.480.260.90.540.630.830.710.53-0.580.790.660.330.320.380.56
0.850.84-0.550.780.430.560.380.830.30.650.860.70.680.70.870.890.910.88-0.50.920.890.750.690.80.84
0.490.250.35-0.020.430.410.220.550.30.120.730.54-0.080.280.560.30.460.69-0.140.290.530.610.540.490.71
0.470.47-0.240.230.560.410.190.460.110.360.710.910.310.380.530.580.520.71-0.350.530.550.730.720.710.49
0.710.590.130.540.380.220.190.720.890.840.190.180.710.230.260.380.290.25-0.280.340.270.220.220.240.23
0.990.88-0.180.720.830.550.460.720.620.80.720.540.730.620.850.820.850.74-0.470.810.850.690.70.70.76
0.60.460.230.410.30.30.110.890.620.770.150.120.50.190.180.270.220.19-0.190.260.20.140.120.160.18
0.840.87-0.360.820.650.120.360.840.80.770.410.380.90.450.510.730.570.48-0.540.650.530.430.430.460.45
0.720.67-0.350.480.860.730.710.190.720.150.410.850.390.530.840.790.810.99-0.510.720.840.870.790.810.94
0.560.56-0.310.260.70.540.910.180.540.120.380.850.340.420.610.650.60.85-0.410.590.620.890.830.880.65
0.780.88-0.580.90.68-0.080.310.710.730.50.90.390.340.460.520.760.590.47-0.570.680.550.420.430.440.46
0.640.64-0.360.540.70.280.380.230.620.190.450.530.420.460.70.70.780.570.060.80.710.510.530.580.57
0.850.79-0.380.630.870.560.530.260.850.180.510.840.610.520.70.870.980.84-0.40.861.00.770.80.760.87
0.870.94-0.620.830.890.30.580.380.820.270.730.790.650.760.70.870.910.81-0.620.930.890.730.730.750.78
0.860.84-0.450.710.910.460.520.290.850.220.570.810.60.590.780.980.910.81-0.380.930.990.740.760.770.82
0.750.72-0.40.530.880.690.710.250.740.190.480.990.850.470.570.840.810.81-0.520.740.840.880.80.810.95
-0.51-0.630.49-0.58-0.5-0.14-0.35-0.28-0.47-0.19-0.54-0.51-0.41-0.570.06-0.4-0.62-0.38-0.52-0.46-0.41-0.46-0.42-0.39-0.51
0.840.86-0.540.790.920.290.530.340.810.260.650.720.590.680.80.860.930.930.74-0.460.890.660.670.760.7
0.860.81-0.410.660.890.530.550.270.850.20.530.840.620.550.711.00.890.990.84-0.410.890.770.80.770.85
0.710.71-0.330.330.750.610.730.220.690.140.430.870.890.420.510.770.730.740.88-0.460.660.770.970.940.81
0.720.72-0.310.320.690.540.720.220.70.120.430.790.830.430.530.80.730.760.8-0.420.670.80.970.920.74
0.720.72-0.360.380.80.490.710.240.70.160.460.810.880.440.580.760.750.770.81-0.390.760.770.940.920.69
0.760.71-0.380.560.840.710.490.230.760.180.450.940.650.460.570.870.780.820.95-0.510.70.850.810.740.69
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Caitong Securities Account Relationship Matchups

Caitong Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets65.0B96.7B110.4B125.7B133.8B80.6B
Total Stockholder Equity21.3B23.4B25.2B33.0B34.6B20.3B
Other Liab460.7M614.3M1.9B1.5B1.4B1.3B
Retained Earnings8.9B10.5B12.4B7.7B8.6B7.2B
Cash13.2B40.5B42.8B42.6B44.1B46.3B
Other Assets802.9M434.3M1.5B12.5B11.3B11.8B
Total Liab43.6B73.2B85.2B92.7B99.1B59.8B
Intangible Assets339.3M384.8M368.4M340.2M337.6M374.8M
Property Plant Equipment191.7M311.1M337.2M963.4M1.1B1.2B
Accounts Payable102.9M121.6M96.3M802.6M1.5B1.6B
Other Current Liab63.7M149.0M614.6M530.7M610.4M415.1M
Total Current Liabilities21.4B34.6B50.0B62.7B72.1B40.8B
Net Tangible Assets19.3B21.0B23.1B24.8B28.6B22.7B
Net Receivables7.9B13.0B20.2B21.4B24.6B15.4B
Other Current Assets2.6B3.2B4.8B19.1B21.9B23.0B
Other Stockholder Equity(35.8M)605.0M1.0B558.7M502.8M606.5M
Deferred Long Term Liab80.9M75.7M124.5M107.7M123.9M99.5M
Total Current Assets36.6B52.2B74.0B85.0B97.8B60.9B
Net Invested Capital21.3B23.4B25.2B68.7B79.3B40.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Caitong Stock

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