Shanghai Net Income From Continuing Ops vs Operating Income Analysis

605098 Stock   36.70  0.85  2.37%   
Shanghai Action financial indicator trend analysis is much more than just breaking down Shanghai Action Education prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Action Education is a good investment. Please check the relationship between Shanghai Action Net Income From Continuing Ops and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Action Education. 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 From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Action Education Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
Net Income From Continuing OpsOperating IncomeDiversified AwayNet Income From Continuing OpsOperating IncomeDiversified Away100%
The correlation between Shanghai Action's Net Income From Continuing Ops and Operating Income is 0.72. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shanghai Action Education, assuming nothing else is changed. The correlation between historical values of Shanghai Action's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Shanghai Action Education 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 Net Income From Continuing Ops i.e., Shanghai Action's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from Shanghai Action Education 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 Shanghai Action Education 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 Shanghai Action's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Action Education 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 Shanghai Action Education. 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 242.6 M, whereas Tax Provision is forecasted to decline to about 27.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit339.0M526.1M605.0M311.4M
Total Revenue450.9M672.2M773.1M417.0M

Shanghai Action fundamental ratios Correlations

0.10.990.990.61-0.930.830.270.980.580.171.00.380.86-0.770.970.991.0-0.260.78-0.330.63-0.820.940.930.87
0.10.030.180.28-0.350.58-0.320.120.060.510.17-0.090.21-0.370.030.020.11-0.18-0.08-0.210.53-0.47-0.190.14-0.12
0.990.030.960.64-0.930.790.30.990.550.070.980.380.82-0.770.921.00.99-0.30.78-0.370.66-0.770.930.860.84
0.990.180.960.6-0.930.850.270.960.550.240.990.410.86-0.740.980.960.99-0.270.78-0.350.61-0.850.930.960.87
0.610.280.640.6-0.70.640.60.660.3-0.020.630.560.56-0.560.520.640.62-0.540.63-0.560.67-0.490.490.550.53
-0.93-0.35-0.93-0.93-0.7-0.94-0.2-0.96-0.52-0.16-0.95-0.34-0.860.85-0.85-0.92-0.940.34-0.690.43-0.80.85-0.78-0.84-0.78
0.830.580.790.850.64-0.940.060.840.530.370.860.230.86-0.840.740.790.83-0.30.51-0.360.82-0.860.620.790.65
0.27-0.320.30.270.6-0.20.060.26-0.12-0.250.270.830.230.160.320.30.3-0.380.65-0.580.02-0.040.380.320.42
0.980.120.990.960.66-0.960.840.260.540.070.980.370.83-0.80.910.990.99-0.320.77-0.40.7-0.80.90.860.84
0.580.060.550.550.3-0.520.53-0.120.540.260.54-0.290.64-0.730.540.550.530.270.310.450.36-0.450.520.550.54
0.170.510.070.24-0.02-0.160.37-0.250.070.260.19-0.210.25-0.230.230.070.16-0.01-0.140.150.17-0.370.120.32-0.04
1.00.170.980.990.63-0.950.860.270.980.540.190.390.86-0.780.960.981.0-0.30.77-0.370.66-0.840.920.930.86
0.38-0.090.380.410.56-0.340.230.830.37-0.29-0.210.390.350.140.430.380.42-0.420.64-0.770.06-0.270.430.460.5
0.860.210.820.860.56-0.860.860.230.830.640.250.860.35-0.690.830.820.85-0.170.57-0.180.51-0.850.780.890.85
-0.77-0.37-0.77-0.74-0.560.85-0.840.16-0.8-0.73-0.23-0.780.14-0.69-0.65-0.77-0.750.17-0.360.03-0.840.67-0.6-0.63-0.57
0.970.030.920.980.52-0.850.740.320.910.540.230.960.430.83-0.650.930.97-0.210.77-0.270.46-0.780.970.970.91
0.990.021.00.960.64-0.920.790.30.990.550.070.980.380.82-0.770.930.99-0.30.78-0.370.65-0.770.940.870.85
1.00.110.990.990.62-0.940.830.30.990.530.161.00.420.85-0.750.970.99-0.290.78-0.380.63-0.820.940.930.87
-0.26-0.18-0.3-0.27-0.540.34-0.3-0.38-0.320.27-0.01-0.3-0.42-0.170.17-0.21-0.3-0.29-0.320.69-0.350.23-0.2-0.21-0.19
0.78-0.080.780.780.63-0.690.510.650.770.31-0.140.770.640.57-0.360.770.780.78-0.32-0.550.36-0.550.770.710.75
-0.33-0.21-0.37-0.35-0.560.43-0.36-0.58-0.40.450.15-0.37-0.77-0.180.03-0.27-0.37-0.380.69-0.55-0.420.28-0.25-0.26-0.23
0.630.530.660.610.67-0.80.820.020.70.360.170.660.060.51-0.840.460.650.63-0.350.36-0.42-0.560.390.460.36
-0.82-0.47-0.77-0.85-0.490.85-0.86-0.04-0.8-0.45-0.37-0.84-0.27-0.850.67-0.78-0.77-0.820.23-0.550.28-0.56-0.68-0.81-0.63
0.94-0.190.930.930.49-0.780.620.380.90.520.120.920.430.78-0.60.970.940.94-0.20.77-0.250.39-0.680.910.89
0.930.140.860.960.55-0.840.790.320.860.550.320.930.460.89-0.630.970.870.93-0.210.71-0.260.46-0.810.910.92
0.87-0.120.840.870.53-0.780.650.420.840.54-0.040.860.50.85-0.570.910.850.87-0.190.75-0.230.36-0.630.890.92
Click cells to compare fundamentals

Shanghai Action Account Relationship Matchups

Shanghai Action fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.2B2.0B2.0B2.1B2.4B2.5B
Other Current Liab711.4M873.9M838.2M34.1M39.2M37.3M
Total Current Liabilities720.5M896.7M859.3M1.1B1.3B1.3B
Total Stockholder Equity446.8M1.1B1.1B959.1M1.1B1.2B
Property Plant And Equipment Net186.5M209.4M195.6M216.6M249.0M158.4M
Net Debt(712.9M)(905.4M)(1.1B)(1.2B)(1.1B)(1.0B)
Retained Earnings333.6M434.8M409.0M290.5M334.1M199.1M
Accounts Payable9.1M13.3M11.4M18.6M21.4M12.9M
Cash905.4M1.1B1.2B1.4B1.6B1.6B
Non Current Assets Total241.1M267.3M257.6M273.9M314.9M249.9M
Non Currrent Assets Other51.9M649.6M57.5M1.2M1.3M1.3M
Cash And Short Term Investments712.9M905.4M1.7B1.7B1.9B2.0B
Common Stock Shares Outstanding88.4M108.1M117.9M118.1M135.8M104.2M
Liabilities And Stockholders Equity974.7M1.2B2.0B2.0B2.2B2.4B
Inventory2.4M2.7M2.8M2.9M3.3M1.7M
Other Current Assets6.8M1.8M2.3M3.8M3.5M3.3M
Other Stockholder Equity45.3M50.0M558.7M539.1M620.0M651.0M
Total Liab724.6M925.4M880.8M1.1B1.3B1.4B
Total Current Assets933.8M1.7B1.7B1.8B2.1B2.2B
Intangible Assets925.4K627.5K2.3M1.9M1.7M1.6M
Net Receivables18.5K827.714.6K166.3K149.7K84.3K
Non Current Liabilities Total4.1M28.8M21.5M37.8M43.5M45.7M
Net Invested Capital446.8M1.1B1.1B959.1M1.1B863.8M
Net Working Capital213.3M843.5M833.8M726.4M835.4M606.4M

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Other Information on Investing in Shanghai Stock

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

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