Shaanxi Ebitda vs Operating Income Analysis

601568 Stock   4.57  0.09  2.01%   
Shaanxi Beiyuan financial indicator trend analysis is much more than just breaking down Shaanxi Beiyuan Chemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Beiyuan Chemical is a good investment. Please check the relationship between Shaanxi Beiyuan Ebitda and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Beiyuan Chemical. 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.

Ebitda vs Operating Income

Ebitda vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Beiyuan Chemical Ebitda account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shaanxi Beiyuan's Ebitda and Operating Income is 0.92. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shaanxi Beiyuan Chemical, assuming nothing else is changed. The correlation between historical values of Shaanxi Beiyuan's Ebitda 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 Ebitda of Shaanxi Beiyuan Chemical 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 Ebitda i.e., Shaanxi Beiyuan's Ebitda and Operating Income go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Ebitda

Operating Income

Operating Income is the amount of profit realized from Shaanxi Beiyuan Chemical 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 Shaanxi Beiyuan Chemical 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 Shaanxi Beiyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Beiyuan Chemical 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 Shaanxi Beiyuan Chemical. 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 12, 2024, Tax Provision is expected to decline to about 49.9 M. In addition to that, Selling General Administrative is expected to decline to about 311.8 M
 2021 2022 2023 2024 (projected)
Interest Expense533.6K116.5K922.2K876.1K
Interest Income170.7M222.3M183.1M135.3M

Shaanxi Beiyuan fundamental ratios Correlations

-0.97-0.631.0-0.50.910.880.99-0.840.33-0.970.550.81-0.980.730.67-0.911.00.990.770.99-0.82-0.70.670.64-0.85
-0.970.7-0.980.55-0.78-0.8-0.960.76-0.451.0-0.49-0.910.99-0.59-0.760.95-0.98-0.95-0.87-0.960.80.62-0.71-0.710.85
-0.630.7-0.630.84-0.41-0.37-0.540.74-0.740.690.08-0.740.6-0.31-0.580.88-0.64-0.54-0.69-0.550.790.74-0.73-0.780.54
1.0-0.98-0.63-0.470.890.850.99-0.810.32-0.980.570.82-0.990.70.7-0.911.00.990.790.99-0.8-0.650.670.64-0.84
-0.50.550.84-0.47-0.24-0.5-0.410.74-0.940.540.44-0.740.47-0.26-0.590.72-0.48-0.4-0.69-0.390.850.84-0.79-0.920.67
0.91-0.78-0.410.89-0.240.830.9-0.81-0.02-0.80.670.49-0.840.810.37-0.710.890.920.460.91-0.67-0.650.430.35-0.65
0.88-0.8-0.370.85-0.50.830.88-0.810.33-0.810.350.7-0.850.720.58-0.690.850.880.680.85-0.8-0.730.620.64-0.91
0.99-0.96-0.540.99-0.410.90.88-0.770.27-0.970.610.8-0.990.750.71-0.860.991.00.791.0-0.78-0.610.670.61-0.86
-0.840.760.74-0.810.74-0.81-0.81-0.77-0.480.76-0.13-0.650.75-0.7-0.470.83-0.81-0.79-0.6-0.770.930.97-0.69-0.710.75
0.33-0.45-0.740.32-0.94-0.020.330.27-0.48-0.44-0.540.74-0.350.030.63-0.60.320.230.710.23-0.68-0.610.740.89-0.6
-0.971.00.69-0.980.54-0.8-0.81-0.970.76-0.44-0.5-0.90.99-0.61-0.760.95-0.98-0.96-0.86-0.970.80.62-0.71-0.710.85
0.55-0.490.080.570.440.670.350.61-0.13-0.54-0.50.15-0.570.460.16-0.290.570.630.160.65-0.020.12-0.05-0.21-0.19
0.81-0.91-0.740.82-0.740.490.70.8-0.650.74-0.90.15-0.870.410.9-0.90.820.770.980.78-0.82-0.60.850.9-0.89
-0.980.990.6-0.990.47-0.84-0.85-0.990.75-0.350.99-0.57-0.87-0.65-0.750.91-0.99-0.98-0.84-0.990.780.59-0.68-0.660.86
0.73-0.59-0.310.7-0.260.810.720.75-0.70.03-0.610.460.41-0.650.54-0.550.70.740.50.72-0.71-0.630.640.45-0.67
0.67-0.76-0.580.7-0.590.370.580.71-0.470.63-0.760.160.9-0.750.54-0.740.680.650.970.67-0.74-0.440.920.85-0.85
-0.910.950.88-0.910.72-0.71-0.69-0.860.83-0.60.95-0.29-0.90.91-0.55-0.74-0.92-0.86-0.85-0.870.870.74-0.78-0.80.79
1.0-0.98-0.641.0-0.480.890.850.99-0.810.32-0.980.570.82-0.990.70.68-0.920.990.790.99-0.8-0.660.670.64-0.83
0.99-0.95-0.540.99-0.40.920.881.0-0.790.23-0.960.630.77-0.980.740.65-0.860.990.741.0-0.77-0.630.620.58-0.83
0.77-0.87-0.690.79-0.690.460.680.79-0.60.71-0.860.160.98-0.840.50.97-0.850.790.740.76-0.81-0.560.910.91-0.91
0.99-0.96-0.550.99-0.390.910.851.0-0.770.23-0.970.650.78-0.990.720.67-0.870.991.00.76-0.75-0.60.620.57-0.82
-0.820.80.79-0.80.85-0.67-0.8-0.780.93-0.680.8-0.02-0.820.78-0.71-0.740.87-0.8-0.77-0.81-0.750.93-0.9-0.910.89
-0.70.620.74-0.650.84-0.65-0.73-0.610.97-0.610.620.12-0.60.59-0.63-0.440.74-0.66-0.63-0.56-0.60.93-0.72-0.760.71
0.67-0.71-0.730.67-0.790.430.620.67-0.690.74-0.71-0.050.85-0.680.640.92-0.780.670.620.910.62-0.9-0.720.95-0.86
0.64-0.71-0.780.64-0.920.350.640.61-0.710.89-0.71-0.210.9-0.660.450.85-0.80.640.580.910.57-0.91-0.760.95-0.87
-0.850.850.54-0.840.67-0.65-0.91-0.860.75-0.60.85-0.19-0.890.86-0.67-0.850.79-0.83-0.83-0.91-0.820.890.71-0.86-0.87
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Shaanxi Beiyuan Account Relationship Matchups

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Other Information on Investing in Shaanxi Stock

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