Zhejiang Operating Income vs Gross Profit 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 Operating Income and its Gross Profit 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.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Publishing Media Operating Income account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Zhejiang Publishing's Operating Income and Gross Profit is 0.81. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit 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 Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Zhejiang Publishing Media are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Zhejiang Publishing's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Operating Income

Operating Income is the amount of profit realized from Zhejiang Publishing Media 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 Zhejiang Publishing Media 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zhejiang Publishing Media minus its cost of goods sold. It is profit before Zhejiang Publishing operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 Expense	2.8M	8.8M	5.9M	3.4M
Depreciation And Amortization	180.7M	383.0M	440.5M	226.1M

Interest Expense Depreciation And Amortization

Zhejiang Publishing fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.97	-0.81	0.98	1.0	0.96	-0.97	0.99	0.99	0.98	0.94	-0.01	0.98	0.61	0.86	0.84	0.83	-0.84	0.36	0.98	1.0	0.95	-0.83	0.8	0.96	0.98
Short Long Term Debt Total	0.97		-0.91	0.95	0.96	0.99	-0.99	0.96	0.97	0.95	0.98	-0.11	0.93	0.68	0.9	0.83	0.88	-0.89	0.24	0.96	0.95	0.97	-0.91	0.82	0.95	0.93
Other Current Liab	-0.81	-0.91		-0.82	-0.82	-0.9	0.82	-0.82	-0.81	-0.75	-0.91	0.46	-0.79	-0.9	-0.89	-0.54	-0.81	0.79	-0.21	-0.8	-0.79	-0.9	0.94	-0.72	-0.89	-0.82
Total Current Liabilities	0.98	0.95	-0.82		0.96	0.92	-0.95	0.94	0.95	0.93	0.89	-0.16	0.93	0.66	0.93	0.78	0.76	-0.76	0.44	0.99	0.98	0.97	-0.88	0.71	0.95	0.97
Total Stockholder Equity	1.0	0.96	-0.82	0.96		0.96	-0.97	0.99	0.99	0.98	0.94	0.0	0.99	0.62	0.84	0.83	0.84	-0.85	0.34	0.97	1.0	0.95	-0.81	0.82	0.96	0.98
Property Plant And Equipment Net	0.96	0.99	-0.9	0.92	0.96		-0.97	0.98	0.98	0.96	1.0	-0.07	0.95	0.67	0.84	0.82	0.92	-0.94	0.17	0.93	0.94	0.94	-0.86	0.88	0.95	0.92
Net Debt	-0.97	-0.99	0.82	-0.95	-0.97	-0.97		-0.96	-0.98	-0.98	-0.96	-0.03	-0.94	-0.56	-0.85	-0.91	-0.86	0.89	-0.23	-0.97	-0.96	-0.95	0.85	-0.82	-0.93	-0.92
Retained Earnings	0.99	0.96	-0.82	0.94	0.99	0.98	-0.96		0.99	0.98	0.96	0.0	0.99	0.62	0.81	0.83	0.87	-0.89	0.26	0.95	0.98	0.92	-0.79	0.86	0.96	0.96
Accounts Payable	0.99	0.97	-0.81	0.95	0.99	0.98	-0.98	0.99		0.99	0.96	0.03	0.99	0.58	0.82	0.87	0.86	-0.9	0.27	0.97	0.98	0.93	-0.8	0.83	0.95	0.95
Cash	0.98	0.95	-0.75	0.93	0.98	0.96	-0.98	0.98	0.99		0.93	0.13	0.97	0.49	0.77	0.92	0.84	-0.88	0.25	0.96	0.98	0.9	-0.75	0.83	0.93	0.93
Non Current Assets Total	0.94	0.98	-0.91	0.89	0.94	1.0	-0.96	0.96	0.96	0.93		-0.07	0.92	0.67	0.83	0.81	0.95	-0.95	0.09	0.9	0.91	0.92	-0.86	0.9	0.92	0.89
Non Currrent Assets Other	-0.01	-0.11	0.46	-0.16	0.0	-0.07	-0.03	0.0	0.03	0.13	-0.07		0.02	-0.74	-0.42	0.41	0.04	-0.11	-0.26	-0.05	-0.01	-0.22	0.44	0.11	-0.23	-0.13
Cash And Short Term Investments	0.98	0.93	-0.79	0.93	0.99	0.95	-0.94	0.99	0.99	0.97	0.92	0.02		0.6	0.78	0.81	0.82	-0.85	0.33	0.94	0.98	0.9	-0.75	0.82	0.96	0.97
Good Will	0.61	0.68	-0.9	0.66	0.62	0.67	-0.56	0.62	0.58	0.49	0.67	-0.74	0.6		0.78	0.16	0.54	-0.47	0.37	0.59	0.6	0.73	-0.81	0.47	0.77	0.7
Common Stock Shares Outstanding	0.86	0.9	-0.89	0.93	0.84	0.84	-0.85	0.81	0.82	0.77	0.83	-0.42	0.78	0.78		0.61	0.72	-0.67	0.39	0.9	0.85	0.96	-0.98	0.61	0.87	0.86
Non Current Liabilities Total	0.84	0.83	-0.54	0.78	0.83	0.82	-0.91	0.83	0.87	0.92	0.81	0.41	0.81	0.16	0.61		0.76	-0.84	0.06	0.85	0.84	0.75	-0.59	0.74	0.72	0.73
Inventory	0.83	0.88	-0.81	0.76	0.84	0.92	-0.86	0.87	0.86	0.84	0.95	0.04	0.82	0.54	0.72	0.76		-0.95	-0.16	0.78	0.8	0.81	-0.77	0.96	0.78	0.76
Other Current Assets	-0.84	-0.89	0.79	-0.76	-0.85	-0.94	0.89	-0.89	-0.9	-0.88	-0.95	-0.11	-0.85	-0.47	-0.67	-0.84	-0.95		0.12	-0.8	-0.81	-0.78	0.71	-0.91	-0.81	-0.75
Other Stockholder Equity	0.36	0.24	-0.21	0.44	0.34	0.17	-0.23	0.26	0.27	0.25	0.09	-0.26	0.33	0.37	0.39	0.06	-0.16	0.12		0.38	0.39	0.4	-0.28	-0.23	0.37	0.49
Total Liab	0.98	0.96	-0.8	0.99	0.97	0.93	-0.97	0.95	0.97	0.96	0.9	-0.05	0.94	0.59	0.9	0.85	0.78	-0.8	0.38		0.99	0.96	-0.86	0.74	0.94	0.96
Total Current Assets	1.0	0.95	-0.79	0.98	1.0	0.94	-0.96	0.98	0.98	0.98	0.91	-0.01	0.98	0.6	0.85	0.84	0.8	-0.81	0.39	0.99		0.95	-0.81	0.78	0.95	0.98
Short Term Debt	0.95	0.97	-0.9	0.97	0.95	0.94	-0.95	0.92	0.93	0.9	0.92	-0.22	0.9	0.73	0.96	0.75	0.81	-0.78	0.4	0.96	0.95		-0.95	0.72	0.93	0.95
Intangible Assets	-0.83	-0.91	0.94	-0.88	-0.81	-0.86	0.85	-0.79	-0.8	-0.75	-0.86	0.44	-0.75	-0.81	-0.98	-0.59	-0.77	0.71	-0.28	-0.86	-0.81	-0.95		-0.65	-0.85	-0.82
Common Stock	0.8	0.82	-0.72	0.71	0.82	0.88	-0.82	0.86	0.83	0.83	0.9	0.11	0.82	0.47	0.61	0.74	0.96	-0.91	-0.23	0.74	0.78	0.72	-0.65		0.77	0.73
Other Liab	0.96	0.95	-0.89	0.95	0.96	0.95	-0.93	0.96	0.95	0.93	0.92	-0.23	0.96	0.77	0.87	0.72	0.78	-0.81	0.37	0.94	0.95	0.93	-0.85	0.77		0.97
Net Tangible Assets	0.98	0.93	-0.82	0.97	0.98	0.92	-0.92	0.96	0.95	0.93	0.89	-0.13	0.97	0.7	0.86	0.73	0.76	-0.75	0.49	0.96	0.98	0.95	-0.82	0.73	0.97

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Zhejiang Publishing Account Relationship Matchups

Zhejiang Publishing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.7B	16.1B	20.6B	22.1B	22.3B	19.3B
Short Long Term Debt Total	122.0M	223.3M	411.1M	421.1M	484.3M	508.5M
Other Current Liab	2.7B	2.5B	2.2B	2.4B	51.3M	48.8M
Total Current Liabilities	6.6B	7.1B	7.8B	8.6B	8.5B	8.2B
Total Stockholder Equity	7.6B	8.5B	12.0B	12.7B	13.4B	10.6B
Property Plant And Equipment Net	3.0B	3.2B	3.4B	3.4B	3.6B	3.5B
Net Debt	(4.4B)	(6.8B)	(9.7B)	(10.1B)	(9.1B)	(9.5B)
Retained Earnings	2.5B	3.3B	4.6B	5.2B	5.8B	3.8B
Accounts Payable	3.9B	4.6B	5.6B	6.1B	6.1B	5.1B
Cash	4.5B	7.0B	10.1B	10.5B	9.6B	7.6B
Non Current Assets Total	4.8B	4.9B	5.2B	5.1B	5.4B	5.3B
Non Currrent Assets Other	869.3M	790.6M	1.3B	915.1M	87.1M	82.8M
Cash And Short Term Investments	5.3B	7.2B	10.9B	12.3B	14.1B	7.8B
Common Stock Shares Outstanding	2.0B	2.0B	2.1B	2.2B	2.2B	2.3B
Liabilities And Stockholders Equity	14.7B	16.1B	20.6B	22.1B	25.4B	18.5B
Non Current Liabilities Total	384.0M	539.8M	717.6M	739.5M	404.1M	523.6M
Inventory	3.4B	3.1B	3.4B	3.3B	3.4B	3.5B
Other Current Assets	160.8M	111.6M	122.1M	71.2M	95.1M	90.4M
Other Stockholder Equity	3.1B	3.2B	5.2B	5.3B	6.1B	4.6B
Total Liab	7.0B	7.6B	8.5B	9.3B	8.9B	8.7B
Total Current Assets	9.9B	11.3B	15.4B	16.9B	16.8B	14.0B
Short Term Debt	7.0M	8.0M	35.0M	40.8M	46.9M	49.2M
Intangible Assets	901.9M	907.7M	852.9M	812.2M	767.3M	694.2M

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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.

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Zhejiang Operating Income vs Gross Profit Analysis

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Operating Income

Gross Profit

Zhejiang Publishing fundamental ratios Correlations

Zhejiang Publishing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Publishing fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Retained Earnings	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets

Net Debt	- 0.99	Short Long Term Debt Total
Intangible Assets	- 0.98	Common Stock Shares Outstanding
Cash	- 0.98	Net Debt
Accounts Payable	- 0.98	Net Debt
Total Liab	- 0.97	Net Debt
Net Debt	- 0.97	Property Plant And Equipment Net