Guangdong Net Income vs Gross Profit Analysis

603797 Stock   3.95  0.08  1.99%   
Guangdong Liantai financial indicator trend analysis is much more than just examining Guangdong Liantai latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Liantai is a good investment. Please check the relationship between Guangdong Liantai Net Income and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Liantai Environmental. 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 Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Liantai Net Income account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangdong Liantai's Net Income and Gross Profit is 0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Guangdong Liantai Environmental, assuming nothing else is changed. The correlation between historical values of Guangdong Liantai's Net 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 Net Income of Guangdong Liantai Environmental 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 Net Income i.e., Guangdong Liantai's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

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

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Guangdong Liantai Environmental minus its cost of goods sold. It is profit before Guangdong Liantai 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 Guangdong Liantai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Liantai 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 Guangdong Liantai Environmental. 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 March 1, 2025, Tax Provision is expected to decline to about 41.2 M. In addition to that, Selling General Administrative is expected to decline to about 14.3 M
 2022 2023 2024 2025 (projected)
Gross Profit639.7M671.8M772.5M410.3M
Total Revenue981.6M1.4B1.6B1.7B

Guangdong Liantai fundamental ratios Correlations

0.670.960.980.78-0.420.980.890.861.00.740.941.00.751.00.920.961.00.380.540.910.080.921.0-0.290.99
0.670.630.630.37-0.50.570.740.880.680.910.650.690.270.690.420.780.680.510.040.59-0.140.690.7-0.280.62
0.960.630.90.88-0.220.910.950.80.970.60.880.950.670.950.860.930.970.570.520.840.290.790.95-0.050.95
0.980.630.90.69-0.490.990.80.830.970.760.940.980.80.980.960.920.970.250.560.92-0.060.960.99-0.430.98
0.780.370.880.690.030.70.880.590.80.30.70.770.510.780.690.750.810.50.440.650.660.530.750.210.78
-0.42-0.5-0.22-0.490.03-0.5-0.13-0.39-0.39-0.6-0.5-0.45-0.54-0.44-0.42-0.37-0.390.24-0.48-0.540.64-0.71-0.430.85-0.45
0.980.570.910.990.7-0.50.780.760.970.70.920.970.820.970.960.90.970.250.630.92-0.050.950.98-0.410.99
0.890.740.950.80.88-0.130.780.860.910.660.810.880.490.890.690.930.910.670.290.750.410.680.880.070.85
0.860.880.80.830.59-0.390.760.860.870.890.830.870.480.870.670.90.860.440.190.770.010.80.87-0.260.82
1.00.680.970.970.8-0.390.970.910.870.730.941.00.731.00.910.961.00.410.530.910.120.91.0-0.260.99
0.740.910.60.760.3-0.60.70.660.890.730.720.760.430.750.560.820.720.270.080.69-0.320.820.76-0.510.69
0.940.650.880.940.7-0.50.920.810.830.940.720.940.870.940.90.880.930.290.630.99-0.030.890.93-0.450.94
1.00.690.950.980.77-0.450.970.880.871.00.760.940.751.00.920.961.00.370.540.910.060.931.0-0.310.99
0.750.270.670.80.51-0.540.820.490.480.730.430.870.750.750.860.630.730.050.860.92-0.180.760.73-0.560.8
1.00.690.950.980.78-0.440.970.890.871.00.750.941.00.750.920.961.00.370.540.910.080.931.0-0.30.99
0.920.420.860.960.69-0.420.960.690.670.910.560.90.920.860.920.790.910.10.680.89-0.040.890.92-0.430.94
0.960.780.930.920.75-0.370.90.930.90.960.820.880.960.630.960.790.960.530.370.860.120.860.96-0.20.93
1.00.680.970.970.81-0.390.970.910.861.00.720.931.00.731.00.910.960.420.540.90.130.90.99-0.250.99
0.380.510.570.250.50.240.250.670.440.410.270.290.370.050.370.10.530.420.040.270.450.120.370.550.34
0.540.040.520.560.44-0.480.630.290.190.530.080.630.540.860.540.680.370.540.040.7-0.090.560.51-0.370.62
0.910.590.840.920.65-0.540.920.750.770.910.690.990.910.920.910.890.860.90.270.7-0.090.880.9-0.480.93
0.08-0.140.29-0.060.660.64-0.050.410.010.12-0.32-0.030.06-0.180.08-0.040.120.130.45-0.09-0.09-0.260.040.790.06
0.920.690.790.960.53-0.710.950.680.80.90.820.890.930.760.930.890.860.90.120.560.88-0.260.93-0.610.93
1.00.70.950.990.75-0.430.980.880.871.00.760.931.00.731.00.920.960.990.370.510.90.040.93-0.310.99
-0.29-0.28-0.05-0.430.210.85-0.410.07-0.26-0.26-0.51-0.45-0.31-0.56-0.3-0.43-0.2-0.250.55-0.37-0.480.79-0.61-0.31-0.32
0.990.620.950.980.78-0.450.990.850.820.990.690.940.990.80.990.940.930.990.340.620.930.060.930.99-0.32
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Guangdong Liantai Account Relationship Matchups

Guangdong Liantai fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.0B9.8B10.1B10.3B11.8B7.2B
Other Current Liab36.9M81.4M44.9M25.5M29.3M32.4M
Total Current Liabilities2.0B1.5B1.7B1.7B1.9B1.3B
Total Stockholder Equity1.6B2.7B2.8B3.0B3.5B2.0B
Other Liab207.2M242.9M132.1M170.6M196.2M160.6M
Net Tangible Assets9.8M215.4M(1.0B)(964.3M)(867.9M)(824.5M)
Retained Earnings689.6M934.2M1.1B1.3B1.5B748.3M
Accounts Payable1.3B1.1B823.7M729.5M838.9M692.1M
Cash406.5M893.2M567.8M395.8M455.2M425.7M
Non Current Assets Total7.2B8.2B8.5B8.4B9.6B6.2B
Non Currrent Assets Other30.8M667.7M201.5M237.6M273.2M162.9M
Other Assets2.1B2.2B4.4B4.6B5.3B5.6B
Long Term Debt3.9B5.1B5.2B5.2B6.0B3.6B
Net Receivables78.7M196.4M742.1M1.2B1.3B1.4B
Non Current Liabilities Total4.1B5.3B5.4B5.4B6.2B3.8B
Inventory4.9M5.4M7.8M7.6M8.7M6.0M
Other Current Assets250.2M354.7M181.5M269.3M309.7M168.0M
Total Liab6.1B6.8B7.1B7.1B8.1B5.1B
Deferred Long Term Liab535.8K3.4M2.0M1.1M1.2M1.6M
Short Long Term Debt250M12M432M420.5M483.6M507.7M
Total Current Assets818.9M1.5B1.6B1.9B2.2B2.3B
Non Current Liabilities Other213.6M58.3M74.4M86.7M78.0M88.3M
Intangible Assets1.4B3.7B3.8B3.7B4.2B2.4B
Common Stock318.8M449.8M584.1M584.1M671.7M396.5M
Property Plant Equipment1.3B3.5B20.5M17.4M15.6M14.9M
Net Debt3.7B4.3B5.1B5.2B6.0B3.7B
Common Stock Shares Outstanding449.8M584.1M584.1M584.1M671.7M547.6M
Net Invested Capital5.8B7.9B8.5B8.7B10.0B6.3B
Net Working Capital(1.2B)47.3M(142.2M)241.3M277.5M291.4M
Capital Stock449.8M584.1M584.1M584.1M671.7M501.3M
Property Plant And Equipment Net3.5B20.5M17.4M14.2M12.8M12.1M
Property Plant And Equipment Gross3.5B37.1M17.4M36.6M32.9M31.3M

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Other Information on Investing in Guangdong Stock

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