New Total Operating Expenses vs Total Revenue Analysis

601336 Stock   51.05  1.55  3.13%   
New China financial indicator trend analysis is infinitely more than just investigating New China Life recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether New China Life is a good investment. Please check the relationship between New China Total Operating Expenses and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New China Life. 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.

Total Operating Expenses vs Total Revenue

Total Operating Expenses vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of New China Life Total Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between New China's Total Operating Expenses and Total Revenue is 0.72. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of New China Life, assuming nothing else is changed. The correlation between historical values of New China's Total Operating Expenses and Total Revenue 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 Operating Expenses of New China Life are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., New China's Total Operating Expenses and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts New China Life 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.
Most indicators from New China's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into New China Life 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 New China Life. 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 February 27, 2025, Selling General Administrative is expected to decline to about 2 B. The current year's Tax Provision is expected to grow to about (2.7 B)
 2024 2025 (projected)
Operating Income15.8B16.6B
Total Revenue80.6B152.5B

New China fundamental ratios Correlations

0.810.940.00.930.460.831.00.910.490.950.990.680.340.85-0.740.80.67-0.51-0.810.850.22-0.660.88-0.660.9
0.810.84-0.010.840.390.840.80.850.610.870.830.760.370.9-0.590.840.62-0.19-0.760.810.11-0.160.85-0.160.73
0.940.84-0.170.990.260.920.930.930.380.960.970.70.410.85-0.660.780.57-0.46-0.790.790.05-0.540.84-0.540.82
0.0-0.01-0.17-0.190.65-0.40.0-0.240.42-0.17-0.12-0.14-0.37-0.09-0.150.030.290.020.070.040.560.06-0.010.060.03
0.930.840.99-0.190.230.930.920.950.40.960.960.680.480.84-0.580.740.53-0.48-0.760.78-0.01-0.530.82-0.530.79
0.460.390.260.650.230.070.460.260.530.260.350.2-0.070.29-0.410.350.58-0.22-0.370.480.59-0.230.4-0.230.42
0.830.840.92-0.40.930.070.820.910.380.920.880.740.580.81-0.50.670.37-0.3-0.770.68-0.22-0.410.75-0.410.67
1.00.80.930.00.920.460.820.90.490.950.980.670.330.84-0.740.790.68-0.52-0.80.850.23-0.670.88-0.670.9
0.910.850.93-0.240.950.260.910.90.440.960.940.710.510.83-0.540.720.5-0.4-0.740.75-0.04-0.490.8-0.490.75
0.490.610.380.420.40.530.380.490.440.410.40.260.180.33-0.170.290.22-0.17-0.280.330.0-0.130.32-0.130.3
0.950.870.96-0.170.960.260.920.950.960.410.980.780.470.92-0.70.820.61-0.37-0.850.830.09-0.540.9-0.540.85
0.990.830.97-0.120.960.350.880.980.940.40.980.730.390.89-0.730.820.66-0.48-0.830.860.17-0.630.91-0.630.9
0.680.760.7-0.140.680.20.740.670.710.260.780.730.260.86-0.760.790.530.14-0.810.690.11-0.280.83-0.280.66
0.340.370.41-0.370.48-0.070.580.330.510.180.470.390.260.320.120.03-0.02-0.04-0.530.19-0.39-0.230.22-0.230.13
0.850.90.85-0.090.840.290.810.840.830.330.920.890.860.32-0.790.960.77-0.2-0.870.920.3-0.340.98-0.340.89
-0.74-0.59-0.66-0.15-0.58-0.41-0.5-0.74-0.54-0.17-0.7-0.73-0.760.12-0.79-0.86-0.790.140.76-0.75-0.580.45-0.850.45-0.85
0.80.840.780.030.740.350.670.790.720.290.820.820.790.030.96-0.860.85-0.25-0.760.920.47-0.280.97-0.280.9
0.670.620.570.290.530.580.370.680.50.220.610.660.53-0.020.77-0.790.85-0.41-0.710.880.81-0.290.84-0.290.84
-0.51-0.19-0.460.02-0.48-0.22-0.3-0.52-0.4-0.17-0.37-0.480.14-0.04-0.20.14-0.25-0.410.15-0.44-0.210.48-0.290.48-0.46
-0.81-0.76-0.790.07-0.76-0.37-0.77-0.8-0.74-0.28-0.85-0.83-0.81-0.53-0.870.76-0.76-0.710.15-0.79-0.30.44-0.860.44-0.78
0.850.810.790.040.780.480.680.850.750.330.830.860.690.190.92-0.750.920.88-0.44-0.790.47-0.40.96-0.40.92
0.220.110.050.56-0.010.59-0.220.23-0.040.00.090.170.11-0.390.3-0.580.470.81-0.21-0.30.47-0.120.41-0.120.5
-0.66-0.16-0.540.06-0.53-0.23-0.41-0.67-0.49-0.13-0.54-0.63-0.28-0.23-0.340.45-0.28-0.290.480.44-0.4-0.12-0.441.0-0.62
0.880.850.84-0.010.820.40.750.880.80.320.90.910.830.220.98-0.850.970.84-0.29-0.860.960.41-0.44-0.440.95
-0.66-0.16-0.540.06-0.53-0.23-0.41-0.67-0.49-0.13-0.54-0.63-0.28-0.23-0.340.45-0.28-0.290.480.44-0.4-0.121.0-0.44-0.62
0.90.730.820.030.790.420.670.90.750.30.850.90.660.130.89-0.850.90.84-0.46-0.780.920.5-0.620.95-0.62
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New China Account Relationship Matchups

New China fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.0T1.1T1.3T1.4T1.6T1.7T
Total Stockholder Equity101.7B108.5B102.9B105.1B120.8B63.0B
Other Liab667.7B822.4B925.8B1.1T1.2T1.3T
Cash13.0B15.5B17.6B21.8B19.6B14.0B
Other Assets52.4B51.0B55.8B66.7B76.7B80.6B
Short Term Investments387.3B426.7B403.4B375.7B432.0B453.6B
Total Liab902.7B1.0T1.2T1.3T1.5T1.6T
Intangible Assets3.8B3.8B4.0B4.1B4.7B4.9B
Property Plant Equipment15.5B16.9B19.2B18.7B21.5B22.6B
Retained Earnings63.4B74.0B79.3B92.1B105.9B111.2B
Other Current Liab6.7B11.4B8.1B7.5B8.6B7.5B
Total Current Liabilities125.9B69.7B80.0B66.5B76.5B86.1B
Net Tangible Assets80.7B97.9B104.7B98.9B113.7B85.2B
Accounts Payable45.9B9.0B9.3B8.7B7.8B7.4B
Net Receivables2.5B6.0B6.8B7.0B8.1B4.4B
Other Current Assets12.6B13.5B16.8B21.0B24.1B14.7B
Other Stockholder Equity4.0B11.2B7.4B(3.5B)(4.1B)(3.9B)
Long Term Investments736.8B780.0B839.1B1.1T1.2T750.7B
Total Current Assets55.5B63.9B110.5B130.7B150.3B85.6B
Net Invested Capital111.7B118.5B112.9B125.3B144.1B108.4B
Property Plant And Equipment Net16.9B19.2B18.7B18.9B21.7B19.6B
Capital Lease Obligations1.1B1.0B855M760M684M748.8M
Property Plant And Equipment Gross16.9B19.2B18.7B22.8B26.2B20.5B

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Other Information on Investing in New Stock

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