Qianhe Net Income vs Ebit Analysis

603027 Stock

12.81 0.03 0.23%

Qianhe CondimentFood financial indicator trend analysis is much more than just breaking down Qianhe CondimentFood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qianhe CondimentFood is a good investment. Please check the relationship between Qianhe CondimentFood Net Income and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qianhe CondimentFood Co. 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 Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qianhe CondimentFood Net Income account and Ebit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Qianhe CondimentFood's Net Income and Ebit is 0.81. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Qianhe CondimentFood Co, assuming nothing else is changed. The correlation between historical values of Qianhe CondimentFood's Net Income and Ebit 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 Income of Qianhe CondimentFood Co are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Qianhe CondimentFood's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Qianhe CondimentFood financial statement analysis. It represents the amount of money remaining after all of Qianhe CondimentFood Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Qianhe CondimentFood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qianhe CondimentFood 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 Qianhe CondimentFood Co. 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 26, 2024, Selling General Administrative is expected to decline to about 251.5 M. In addition to that, Tax Provision is expected to decline to about 51.5 M

	2021	2022	2023	2024 (projected)
Operating Income	260.2M	408.7M	592.4M	622.1M
Total Revenue	1.9B	2.4B	3.2B	3.4B

Operating Income Total Revenue

Qianhe CondimentFood fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Deferred Long Term Liab	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.59	0.73	0.99	0.74	0.99	0.94	0.87	0.6	-0.04	0.75	0.98	0.18	0.72	0.77	0.96	0.98	0.88	0.99	0.91	0.67	0.06	0.26	-0.78	0.85	0.92
Other Current Liab	0.59		0.88	0.53	0.6	0.59	0.69	0.27	0.41	-0.15	0.83	0.58	0.35	0.84	0.6	0.61	0.63	0.69	0.57	0.68	0.26	0.57	0.19	-0.46	0.7	0.6
Total Current Liabilities	0.73	0.88		0.68	0.74	0.73	0.85	0.51	0.47	0.09	0.8	0.72	0.4	0.94	0.67	0.71	0.75	0.8	0.72	0.8	0.41	0.37	0.22	-0.6	0.85	0.79
Total Stockholder Equity	0.99	0.53	0.68		0.74	0.99	0.91	0.88	0.61	-0.05	0.72	0.98	0.11	0.65	0.77	0.96	0.97	0.87	0.98	0.91	0.7	0.01	0.2	-0.8	0.84	0.91
Other Liab	0.74	0.6	0.74	0.74		0.79	0.66	0.44	0.81	-0.04	0.81	0.79	0.0	0.62	0.87	0.85	0.81	0.92	0.68	0.91	0.74	0.31	-0.02	-0.82	0.78	0.84
Retained Earnings	0.99	0.59	0.73	0.99	0.79		0.92	0.82	0.66	-0.03	0.79	0.99	0.16	0.7	0.82	0.98	1.0	0.91	0.97	0.93	0.69	0.11	0.24	-0.81	0.84	0.91
Accounts Payable	0.94	0.69	0.85	0.91	0.66	0.92		0.84	0.44	0.07	0.71	0.91	0.28	0.81	0.66	0.86	0.91	0.8	0.95	0.83	0.52	0.07	0.24	-0.71	0.88	0.86
Cash	0.87	0.27	0.51	0.88	0.44	0.82	0.84		0.27	-0.07	0.36	0.82	0.07	0.5	0.44	0.74	0.77	0.6	0.92	0.68	0.5	-0.36	0.16	-0.62	0.76	0.8
Other Assets	0.6	0.41	0.47	0.61	0.81	0.66	0.44	0.27		0.1	0.74	0.6	0.05	0.43	0.84	0.7	0.68	0.76	0.52	0.71	0.85	0.51	0.16	-0.63	0.41	0.6
Long Term Debt	-0.04	-0.15	0.09	-0.05	-0.04	-0.03	0.07	-0.07	0.1		0.02	-0.06	0.26	0.09	0.06	-0.13	-0.01	-0.04	-0.08	-0.14	-0.05	0.02	0.18	0.13	-0.15	-0.12
Net Receivables	0.75	0.83	0.8	0.72	0.81	0.79	0.71	0.36	0.74	0.02		0.76	0.3	0.8	0.92	0.81	0.83	0.9	0.68	0.86	0.55	0.59	0.36	-0.56	0.66	0.74
Inventory	0.98	0.58	0.72	0.98	0.79	0.99	0.91	0.82	0.6	-0.06	0.76		0.1	0.66	0.77	0.98	0.98	0.9	0.96	0.92	0.64	0.03	0.14	-0.85	0.88	0.9
Other Current Assets	0.18	0.35	0.4	0.11	0.0	0.16	0.28	0.07	0.05	0.26	0.3	0.1		0.63	0.06	0.1	0.18	0.25	0.2	0.14	-0.1	0.5	0.79	-0.02	0.07	0.16
Total Liab	0.72	0.84	0.94	0.65	0.62	0.7	0.81	0.5	0.43	0.09	0.8	0.66	0.63		0.65	0.66	0.73	0.77	0.71	0.76	0.35	0.48	0.54	-0.46	0.71	0.76
Intangible Assets	0.77	0.6	0.67	0.77	0.87	0.82	0.66	0.44	0.84	0.06	0.92	0.77	0.06	0.65		0.82	0.84	0.89	0.69	0.89	0.71	0.39	0.26	-0.58	0.64	0.8
Common Stock	0.96	0.61	0.71	0.96	0.85	0.98	0.86	0.74	0.7	-0.13	0.81	0.98	0.1	0.66	0.82		0.98	0.93	0.93	0.94	0.71	0.16	0.16	-0.87	0.84	0.89
Property Plant Equipment	0.98	0.63	0.75	0.97	0.81	1.0	0.91	0.77	0.68	-0.01	0.83	0.98	0.18	0.73	0.84	0.98		0.92	0.95	0.94	0.68	0.18	0.26	-0.8	0.83	0.9
Net Tangible Assets	0.88	0.69	0.8	0.87	0.92	0.91	0.8	0.6	0.76	-0.04	0.9	0.9	0.25	0.77	0.89	0.93	0.92		0.84	0.97	0.72	0.33	0.25	-0.79	0.83	0.92
Total Current Assets	0.99	0.57	0.72	0.98	0.68	0.97	0.95	0.92	0.52	-0.08	0.68	0.96	0.2	0.71	0.69	0.93	0.95	0.84		0.88	0.63	0.0	0.25	-0.76	0.86	0.91
Non Current Assets Total	0.91	0.68	0.8	0.91	0.91	0.93	0.83	0.68	0.71	-0.14	0.86	0.92	0.14	0.76	0.89	0.94	0.94	0.97	0.88		0.71	0.23	0.22	-0.77	0.87	0.97
Non Currrent Assets Other	0.67	0.26	0.41	0.7	0.74	0.69	0.52	0.5	0.85	-0.05	0.55	0.64	-0.1	0.35	0.71	0.71	0.68	0.72	0.63	0.71		0.25	0.04	-0.68	0.49	0.68
Short Term Investments	0.06	0.57	0.37	0.01	0.31	0.11	0.07	-0.36	0.51	0.02	0.59	0.03	0.5	0.48	0.39	0.16	0.18	0.33	0.0	0.23	0.25		0.44	-0.06	-0.05	0.06
Non Current Liabilities Total	0.26	0.19	0.22	0.2	-0.02	0.24	0.24	0.16	0.16	0.18	0.36	0.14	0.79	0.54	0.26	0.16	0.26	0.25	0.25	0.22	0.04	0.44		0.16	-0.05	0.21
Deferred Long Term Liab	-0.78	-0.46	-0.6	-0.8	-0.82	-0.81	-0.71	-0.62	-0.63	0.13	-0.56	-0.85	-0.02	-0.46	-0.58	-0.87	-0.8	-0.79	-0.76	-0.77	-0.68	-0.06	0.16		-0.78	-0.75
Common Stock Shares Outstanding	0.85	0.7	0.85	0.84	0.78	0.84	0.88	0.76	0.41	-0.15	0.66	0.88	0.07	0.71	0.64	0.84	0.83	0.83	0.86	0.87	0.49	-0.05	-0.05	-0.78		0.91
Net Invested Capital	0.92	0.6	0.79	0.91	0.84	0.91	0.86	0.8	0.6	-0.12	0.74	0.9	0.16	0.76	0.8	0.89	0.9	0.92	0.91	0.97	0.68	0.06	0.21	-0.75	0.91

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Qianhe CondimentFood Account Relationship Matchups

Qianhe CondimentFood fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.1B	2.2B	2.4B	3.2B	4.3B	4.5B
Other Current Liab	149.1M	65.4M	88.7M	355.6M	118.6M	87.8M
Total Current Liabilities	275.3M	238.8M	275.7M	776.1M	563.2M	289.4M
Total Stockholder Equity	1.6B	1.9B	2.1B	2.4B	3.7B	3.8B
Other Liab	18.7M	29.7M	48.8M	47.5M	54.6M	28.4M
Retained Earnings	771.8M	916.8M	1.1B	1.2B	1.6B	1.6B
Accounts Payable	83.3M	71.6M	85.6M	193.0M	192.4M	202.0M
Cash	86.1M	117.5M	197.0M	409.3M	1.6B	1.7B
Other Assets	17.2M	28.5M	51.5M	28.0M	32.2M	21.9M
Net Receivables	171.5M	124.1M	145.4M	200.2M	136.8M	99.5M
Inventory	318.8M	395.0M	585.3M	595.3M	748.7M	786.1M
Other Current Assets	34.9M	23.5M	41.0M	150.1M	20.5M	19.5M
Total Liab	463.0M	287.6M	323.6M	818.6M	615.4M	366.5M
Intangible Assets	121.4M	105.3M	103.3M	97.7M	123.8M	77.0M
Common Stock	326.2M	465.9M	665.7M	798.8M	918.6M	964.5M
Property Plant Equipment	890.7M	967.1M	1.1B	1.2B	1.4B	1.5B
Net Tangible Assets	1.4B	1.8B	2.0B	2.3B	2.6B	1.5B
Total Current Assets	954.2M	1.1B	1.1B	1.8B	2.5B	2.7B
Non Current Assets Total	1.1B	1.1B	1.3B	1.4B	1.7B	1.2B
Non Currrent Assets Other	13.5M	32.7M	10.0M	13.7M	27.5M	17.9M
Short Term Investments	343M	390M	160M	410M	10M	9.5M
Non Current Liabilities Total	187.7M	48.8M	47.9M	42.4M	52.3M	72.7M
Deferred Long Term Liab	248.8K	315.0K	452.6K	46.9K	42.2K	40.1K
Common Stock Shares Outstanding	652.2M	665.7M	798.8M	965.5M	1.0B	846.7M
Net Invested Capital	1.8B	1.9B	2.1B	2.4B	3.7B	2.3B
Net Working Capital	678.9M	822.9M	863.5M	1.0B	2.0B	1.0B
Capital Stock	465.9M	665.7M	798.8M	965.5M	1.0B	779.1M

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

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Qianhe Net Income vs Ebit Analysis

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

Correlation Coefficient

Net Income

Ebit

Qianhe CondimentFood fundamental ratios Correlations

Qianhe CondimentFood Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qianhe CondimentFood fundamental ratios Accounts

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Other Information on Investing in Qianhe Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Retained Earnings
Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Inventory	+ 0.99	Retained Earnings

Deferred Long Term Liab	- 0.87	Common Stock
Deferred Long Term Liab	- 0.85	Inventory
Deferred Long Term Liab	- 0.82	Other Liab
Deferred Long Term Liab	- 0.81	Retained Earnings
Deferred Long Term Liab	- 0.8	Property Plant Equipment
Deferred Long Term Liab	- 0.8	Total Stockholder Equity