Zhejiang Net Interest Income vs Net Income From Continuing Ops Analysis

601921 Stock   8.39  0.01  0.12%   
Zhejiang Publishing financial indicator trend analysis is more than just analyzing Zhejiang Publishing Media current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Publishing Media is a good investment. Please check the relationship between Zhejiang Publishing Net Interest Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Publishing Media. 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.

Net Interest Income vs Net Income From Continuing Ops

Net Interest Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Publishing Media Net Interest Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Zhejiang Publishing's Net Interest Income and Net Income From Continuing Ops is 0.97. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Zhejiang Publishing Media, assuming nothing else is changed. The correlation between historical values of Zhejiang Publishing's Net Interest Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Zhejiang Publishing Media are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Net Interest Income i.e., Zhejiang Publishing's Net Interest Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Net Income From Continuing Ops

Most indicators from Zhejiang Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Publishing Media 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 Zhejiang Publishing Media. 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 1.6 B, whereas Tax Provision is projected to grow to (232.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense2.8M8.8M5.9M3.4M
Depreciation And Amortization180.7M383.0M440.5M226.1M

Zhejiang Publishing fundamental ratios Correlations

0.97-0.810.981.00.96-0.970.990.990.980.94-0.010.980.610.860.840.83-0.840.360.981.00.95-0.830.80.960.98
0.97-0.910.950.960.99-0.990.960.970.950.98-0.110.930.680.90.830.88-0.890.240.960.950.97-0.910.820.950.93
-0.81-0.91-0.82-0.82-0.90.82-0.82-0.81-0.75-0.910.46-0.79-0.9-0.89-0.54-0.810.79-0.21-0.8-0.79-0.90.94-0.72-0.89-0.82
0.980.95-0.820.960.92-0.950.940.950.930.89-0.160.930.660.930.780.76-0.760.440.990.980.97-0.880.710.950.97
1.00.96-0.820.960.96-0.970.990.990.980.940.00.990.620.840.830.84-0.850.340.971.00.95-0.810.820.960.98
0.960.99-0.90.920.96-0.970.980.980.961.0-0.070.950.670.840.820.92-0.940.170.930.940.94-0.860.880.950.92
-0.97-0.990.82-0.95-0.97-0.97-0.96-0.98-0.98-0.96-0.03-0.94-0.56-0.85-0.91-0.860.89-0.23-0.97-0.96-0.950.85-0.82-0.93-0.92
0.990.96-0.820.940.990.98-0.960.990.980.960.00.990.620.810.830.87-0.890.260.950.980.92-0.790.860.960.96
0.990.97-0.810.950.990.98-0.980.990.990.960.030.990.580.820.870.86-0.90.270.970.980.93-0.80.830.950.95
0.980.95-0.750.930.980.96-0.980.980.990.930.130.970.490.770.920.84-0.880.250.960.980.9-0.750.830.930.93
0.940.98-0.910.890.941.0-0.960.960.960.93-0.070.920.670.830.810.95-0.950.090.90.910.92-0.860.90.920.89
-0.01-0.110.46-0.160.0-0.07-0.030.00.030.13-0.070.02-0.74-0.420.410.04-0.11-0.26-0.05-0.01-0.220.440.11-0.23-0.13
0.980.93-0.790.930.990.95-0.940.990.990.970.920.020.60.780.810.82-0.850.330.940.980.9-0.750.820.960.97
0.610.68-0.90.660.620.67-0.560.620.580.490.67-0.740.60.780.160.54-0.470.370.590.60.73-0.810.470.770.7
0.860.9-0.890.930.840.84-0.850.810.820.770.83-0.420.780.780.610.72-0.670.390.90.850.96-0.980.610.870.86
0.840.83-0.540.780.830.82-0.910.830.870.920.810.410.810.160.610.76-0.840.060.850.840.75-0.590.740.720.73
0.830.88-0.810.760.840.92-0.860.870.860.840.950.040.820.540.720.76-0.95-0.160.780.80.81-0.770.960.780.76
-0.84-0.890.79-0.76-0.85-0.940.89-0.89-0.9-0.88-0.95-0.11-0.85-0.47-0.67-0.84-0.950.12-0.8-0.81-0.780.71-0.91-0.81-0.75
0.360.24-0.210.440.340.17-0.230.260.270.250.09-0.260.330.370.390.06-0.160.120.380.390.4-0.28-0.230.370.49
0.980.96-0.80.990.970.93-0.970.950.970.960.9-0.050.940.590.90.850.78-0.80.380.990.96-0.860.740.940.96
1.00.95-0.790.981.00.94-0.960.980.980.980.91-0.010.980.60.850.840.8-0.810.390.990.95-0.810.780.950.98
0.950.97-0.90.970.950.94-0.950.920.930.90.92-0.220.90.730.960.750.81-0.780.40.960.95-0.950.720.930.95
-0.83-0.910.94-0.88-0.81-0.860.85-0.79-0.8-0.75-0.860.44-0.75-0.81-0.98-0.59-0.770.71-0.28-0.86-0.81-0.95-0.65-0.85-0.82
0.80.82-0.720.710.820.88-0.820.860.830.830.90.110.820.470.610.740.96-0.91-0.230.740.780.72-0.650.770.73
0.960.95-0.890.950.960.95-0.930.960.950.930.92-0.230.960.770.870.720.78-0.810.370.940.950.93-0.850.770.97
0.980.93-0.820.970.980.92-0.920.960.950.930.89-0.130.970.70.860.730.76-0.750.490.960.980.95-0.820.730.97
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Zhejiang Publishing Account Relationship Matchups

Zhejiang Publishing fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.7B16.1B20.6B22.1B22.3B19.3B
Short Long Term Debt Total122.0M223.3M411.1M421.1M484.3M508.5M
Other Current Liab2.7B2.5B2.2B2.4B51.3M48.8M
Total Current Liabilities6.6B7.1B7.8B8.6B8.5B8.2B
Total Stockholder Equity7.6B8.5B12.0B12.7B13.4B10.6B
Property Plant And Equipment Net3.0B3.2B3.4B3.4B3.6B3.5B
Net Debt(4.4B)(6.8B)(9.7B)(10.1B)(9.1B)(9.5B)
Retained Earnings2.5B3.3B4.6B5.2B5.8B3.8B
Accounts Payable3.9B4.6B5.6B6.1B6.1B5.1B
Cash4.5B7.0B10.1B10.5B9.6B7.6B
Non Current Assets Total4.8B4.9B5.2B5.1B5.4B5.3B
Non Currrent Assets Other869.3M790.6M1.3B915.1M87.1M82.8M
Cash And Short Term Investments5.3B7.2B10.9B12.3B14.1B7.8B
Common Stock Shares Outstanding2.0B2.0B2.1B2.2B2.2B2.3B
Liabilities And Stockholders Equity14.7B16.1B20.6B22.1B25.4B18.5B
Non Current Liabilities Total384.0M539.8M717.6M739.5M404.1M523.6M
Inventory3.4B3.1B3.4B3.3B3.4B3.5B
Other Current Assets160.8M111.6M122.1M71.2M95.1M90.4M
Other Stockholder Equity3.1B3.2B5.2B5.3B6.1B4.6B
Total Liab7.0B7.6B8.5B9.3B8.9B8.7B
Total Current Assets9.9B11.3B15.4B16.9B16.8B14.0B
Short Term Debt7.0M8.0M35.0M40.8M46.9M49.2M
Intangible Assets901.9M907.7M852.9M812.2M767.3M694.2M

Currently Active Assets on Macroaxis

Other Information on Investing in Zhejiang Stock

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