Bank Change To Operating Activities vs Net Income Analysis

601328 Stock   7.43  0.04  0.54%   
Bank of Communications financial indicator trend analysis is way more than just evaluating Bank of Communications prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Communications is a good investment. Please check the relationship between Bank of Communications Change To Operating Activities and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Communications. 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.

Change To Operating Activities vs Net Income

Change To Operating Activities vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Communications Change To Operating Activities account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank of Communications' Change To Operating Activities and Net Income is -0.19. Overlapping area represents the amount of variation of Change To Operating Activities that can explain the historical movement of Net Income in the same time period over historical financial statements of Bank of Communications, assuming nothing else is changed. The correlation between historical values of Bank of Communications' Change To Operating Activities 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 Change To Operating Activities of Bank of Communications 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 Change To Operating Activities i.e., Bank of Communications' Change To Operating Activities and Net Income go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Operating Activities

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bank of Communications financial statement analysis. It represents the amount of money remaining after all of Bank of Communications operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Bank of Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Communications 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 Communications. 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 Selling General Administrative is expected to grow to about 49.9 B. The current year's Tax Provision is expected to grow to about 7.8 B
 2023 2024 (projected)
Operating Income101.7B117.7B
Total Revenue256.4B219.0B

Bank of Communications fundamental ratios Correlations

1.00.780.850.880.480.840.831.00.760.860.980.91-0.520.680.880.870.310.78-0.370.69-0.690.690.80.850.7
1.00.770.870.860.520.840.840.990.740.860.980.89-0.540.730.890.880.30.78-0.380.71-0.690.680.80.850.67
0.780.770.580.820.420.480.560.780.790.560.750.630.030.460.680.70.020.71-0.310.62-0.440.70.50.460.52
0.850.870.580.750.560.730.720.850.580.750.820.77-0.490.60.660.650.340.49-0.220.51-0.570.440.70.760.43
0.880.860.820.750.370.630.650.880.90.70.840.87-0.140.510.650.640.240.56-0.280.49-0.520.50.610.660.53
0.480.520.420.560.370.470.470.480.210.450.50.41-0.360.370.520.530.190.47-0.080.47-0.310.510.450.470.31
0.840.840.480.730.630.470.940.830.520.970.850.76-0.740.660.850.830.390.77-0.60.81-0.860.670.910.870.8
0.830.840.560.720.650.470.940.830.510.980.870.7-0.60.830.920.90.290.76-0.70.9-0.910.610.950.840.71
1.00.990.780.850.880.480.830.830.770.860.980.91-0.520.680.880.870.310.78-0.370.69-0.680.690.80.850.7
0.760.740.790.580.90.210.520.510.770.580.710.78-0.020.340.490.480.230.47-0.230.36-0.390.410.440.50.48
0.860.860.560.750.70.450.970.980.860.580.890.78-0.640.720.870.850.340.73-0.670.82-0.910.630.960.880.78
0.980.980.750.820.840.50.850.870.980.710.890.87-0.570.730.910.90.290.79-0.450.73-0.760.710.860.860.73
0.910.890.630.770.870.410.760.70.910.780.780.87-0.460.490.690.670.570.64-0.20.45-0.590.540.680.890.7
-0.52-0.540.03-0.49-0.14-0.36-0.74-0.6-0.52-0.02-0.64-0.57-0.46-0.48-0.6-0.58-0.33-0.490.3-0.450.58-0.44-0.66-0.7-0.55
0.680.730.460.60.510.370.660.830.680.340.720.730.49-0.480.840.830.040.58-0.590.77-0.710.340.740.60.31
0.880.890.680.660.650.520.850.920.880.490.870.910.69-0.60.841.00.150.88-0.610.91-0.810.770.890.80.72
0.870.880.70.650.640.530.830.90.870.480.850.90.67-0.580.831.00.130.9-0.590.91-0.790.790.860.770.7
0.310.30.020.340.240.190.390.290.310.230.340.290.57-0.330.040.150.130.30.280.05-0.160.130.210.580.41
0.780.780.710.490.560.470.770.760.780.470.730.790.64-0.490.580.880.90.3-0.460.85-0.670.910.70.70.82
-0.37-0.38-0.31-0.22-0.28-0.08-0.6-0.7-0.37-0.23-0.67-0.45-0.20.3-0.59-0.61-0.590.28-0.46-0.740.85-0.43-0.73-0.37-0.51
0.690.710.620.510.490.470.810.90.690.360.820.730.45-0.450.770.910.910.050.85-0.74-0.810.730.820.60.64
-0.69-0.69-0.44-0.57-0.52-0.31-0.86-0.91-0.68-0.39-0.91-0.76-0.590.58-0.71-0.81-0.79-0.16-0.670.85-0.81-0.61-0.95-0.77-0.77
0.690.680.70.440.50.510.670.610.690.410.630.710.54-0.440.340.770.790.130.91-0.430.73-0.610.650.60.85
0.80.80.50.70.610.450.910.950.80.440.960.860.68-0.660.740.890.860.210.7-0.730.82-0.950.650.870.78
0.850.850.460.760.660.470.870.840.850.50.880.860.89-0.70.60.80.770.580.7-0.370.6-0.770.60.870.8
0.70.670.520.430.530.310.80.710.70.480.780.730.7-0.550.310.720.70.410.82-0.510.64-0.770.850.780.8
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Bank of Communications Account Relationship Matchups

Bank of Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9T10.7T11.7T13.0T14.1T7.6T
Total Stockholder Equity793.2B866.6B964.6B1.0T1.1T558.1B
Other Liab129.9B99.1B147.0B194.9B224.1B127.8B
Retained Earnings499.5B550.0B608.3B666.5B326.7B311.2B
Accounts Payable7.2T7.4T7.2T7.8T9.0T5.9T
Cash1.4T1.3T9.4T1.4T1.6T1.3T
Other Assets4.8T5.4T5.8T6.6T7.6T8.0T
Total Liab9.1T9.8T10.7T12.0T13.0T7.0T
Property Plant Equipment153.3B177.7B176.1B178.0B204.7B214.9B
Intangible Assets3.3B3.6B3.9B4.0B4.6B2.7B
Other Current Liab2.4B61.9B58.6B45.0B51.8B30.7B
Total Current Liabilities7.5T8.6T9.2T10.1T11.6T8.6T
Net Tangible Assets634.9B729.6B817.6B915.4B1.1T752.6B
Net Receivables708.7B27.9B201.2B182.4B164.2B235.7B
Inventory824M759M967M1.0B1.2B968.8M
Other Current Assets725.1B735.9B675.8B763.0B686.7B616.0B
Other Stockholder Equity2.8B46.0B86.0B125.7B144.5B151.7B
Deferred Long Term Liab692M714M599M721M648.9M593.1M
Long Term Investments432.0B2.6T3.6T3.2T4.2T2.8T
Total Current Assets2.1T1.8T2.0T2.0T2.3T2.2T
Net Invested Capital1.5T1.6T1.9T2.0T2.1T1.9T

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Other Information on Investing in Bank Stock

Balance Sheet is a snapshot of the financial position of Bank of Communications at a specified time, usually calculated after every quarter, six months, or one year. Bank of Communications Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bank of Communications 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.