601216 Stock | | | 5.03 0.20 3.82% |
Inner Mongolia financial indicator trend analysis is infinitely more than just investigating Inner Mongolia Junzheng recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inner Mongolia Junzheng is a good investment. Please check the relationship between Inner Mongolia Total Revenue and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Inner Mongolia Junzheng. 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 Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inner Mongolia Junzheng Total Revenue account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Inner Mongolia's Total Revenue and Net Income is 0.79. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Inner Mongolia Junzheng, assuming nothing else is changed. The correlation between historical values of Inner Mongolia's Total Revenue and Net 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 Total Revenue of Inner Mongolia Junzheng are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Inner Mongolia's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Inner Mongolia Junzheng 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Inner Mongolia Junzheng financial statement analysis. It represents the amount of money remaining after all of Inner Mongolia Junzheng operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Inner Mongolia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inner Mongolia Junzheng 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 Inner Mongolia Junzheng. 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
Tax Provision is expected to grow to about 563.1
M, whereas
Selling General Administrative is forecasted to decline to about 417.5
M.
| 2022 | 2023 | 2024 | 2025 (projected) |
Operating Income | 3.9B | 2.5B | 2.9B | 1.9B | Total Revenue | 21.5B | 19.1B | 22.0B | 23.1B |
Inner Mongolia fundamental ratios Correlations
Click cells to compare fundamentals
Inner Mongolia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inner Mongolia fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Inner Stock
Balance Sheet is a snapshot of the
financial position of Inner Mongolia Junzheng at a specified time, usually calculated after every quarter, six months, or one year. Inner Mongolia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Inner Mongolia 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 Inner currently owns. An asset can also be divided into two categories, current and non-current.