Xinjiang Ebit vs Net Income Analysis

688303 Stock

24.23 0.59 2.38%

Xinjiang Daqo financial indicator trend analysis is more than just analyzing Xinjiang Daqo New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Daqo New is a good investment. Please check the relationship between Xinjiang Daqo Ebit and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Daqo New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

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

The correlation between Xinjiang Daqo's Ebit and Net Income is 0.73. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income in the same time period over historical financial statements of Xinjiang Daqo New, assuming nothing else is changed. The correlation between historical values of Xinjiang Daqo's Ebit and Net 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 Ebit of Xinjiang Daqo New are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebit i.e., Xinjiang Daqo's Ebit and Net Income go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebit

Net Income

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

Most indicators from Xinjiang Daqo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Daqo New 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 Xinjiang Daqo New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Tax Provision is expected to grow to about 1.3 B, whereas Selling General Administrative is forecasted to decline to about 82.7 M.

	2021	2022	2023	2024 (projected)
Interest Expense	184.1M	126.1M	93.3M	138.3M
Depreciation And Amortization	654.3M	780.2M	897.3M	518.4M

Interest Expense Depreciation And Amortization

Xinjiang Daqo 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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Net Receivables	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		-0.77	0.97	0.85	1.0	0.97	-0.99	1.0	0.59	0.99	0.97	0.8	0.99	0.08	0.72	0.42	0.99	0.84	0.9	-0.57	0.92	0.83	-0.87	-0.72	0.91	0.95
Short Long Term Debt Total	-0.77		-0.75	-0.55	-0.79	-0.71	0.79	-0.78	-0.45	-0.76	-0.71	-0.84	-0.77	0.38	-0.76	-0.53	-0.8	-0.49	-0.74	0.94	-0.69	-0.58	0.69	0.54	-0.63	-0.77
Other Current Liab	0.97	-0.75		0.92	0.96	0.96	-0.93	0.95	0.72	0.93	0.96	0.84	0.95	0.11	0.82	0.37	0.96	0.91	0.85	-0.52	0.9	0.88	-0.89	-0.73	0.81	0.89
Total Current Liabilities	0.85	-0.55	0.92		0.83	0.82	-0.79	0.82	0.83	0.79	0.81	0.85	0.79	0.31	0.86	0.03	0.81	0.99	0.85	-0.28	0.71	0.92	-0.83	-0.45	0.68	0.84
Total Stockholder Equity	1.0	-0.79	0.96	0.83		0.96	-0.99	1.0	0.55	0.99	0.97	0.79	0.99	0.05	0.71	0.45	1.0	0.82	0.9	-0.6	0.92	0.81	-0.85	-0.73	0.92	0.95
Property Plant And Equipment Net	0.97	-0.71	0.96	0.82	0.96		-0.93	0.96	0.54	0.93	1.0	0.71	0.98	0.07	0.67	0.53	0.98	0.82	0.78	-0.51	0.98	0.81	-0.88	-0.85	0.87	0.87
Net Debt	-0.99	0.79	-0.93	-0.79	-0.99	-0.93		-1.0	-0.49	-1.0	-0.94	-0.77	-0.99	-0.02	-0.67	-0.46	-0.98	-0.78	-0.92	0.62	-0.9	-0.78	0.81	0.68	-0.95	-0.97
Retained Earnings	1.0	-0.78	0.95	0.82	1.0	0.96	-1.0		0.53	1.0	0.96	0.77	0.99	0.05	0.68	0.45	0.99	0.8	0.91	-0.59	0.92	0.8	-0.84	-0.72	0.93	0.95
Accounts Payable	0.59	-0.45	0.72	0.83	0.55	0.54	-0.49	0.53		0.49	0.52	0.82	0.48	0.31	0.88	-0.28	0.53	0.84	0.6	-0.21	0.37	0.75	-0.7	-0.23	0.25	0.51
Cash	0.99	-0.76	0.93	0.79	0.99	0.93	-1.0	1.0	0.49		0.94	0.75	0.98	0.06	0.65	0.44	0.98	0.78	0.92	-0.58	0.89	0.77	-0.8	-0.68	0.95	0.96
Non Current Assets Total	0.97	-0.71	0.96	0.81	0.97	1.0	-0.94	0.96	0.52	0.94		0.7	0.98	0.06	0.66	0.54	0.98	0.81	0.79	-0.51	0.98	0.81	-0.87	-0.84	0.88	0.88
Non Currrent Assets Other	0.8	-0.84	0.84	0.85	0.79	0.71	-0.77	0.77	0.82	0.75	0.7		0.73	0.0	0.97	0.11	0.77	0.81	0.87	-0.67	0.59	0.83	-0.79	-0.33	0.58	0.82
Cash And Short Term Investments	0.99	-0.77	0.95	0.79	0.99	0.98	-0.99	0.99	0.48	0.98	0.98	0.73		0.0	0.65	0.54	1.0	0.77	0.86	-0.59	0.96	0.77	-0.83	-0.79	0.93	0.93
Non Current Liabilities Total	0.08	0.38	0.11	0.31	0.05	0.07	-0.02	0.05	0.31	0.06	0.06	0.0	0.0		-0.01	-0.54	-0.01	0.4	0.13	0.47	-0.05	0.45	-0.21	0.15	0.08	0.07
Inventory	0.72	-0.76	0.82	0.86	0.71	0.67	-0.67	0.68	0.88	0.65	0.66	0.97	0.65	-0.01		0.04	0.7	0.82	0.76	-0.56	0.55	0.81	-0.8	-0.33	0.44	0.72
Other Current Assets	0.42	-0.53	0.37	0.03	0.45	0.53	-0.46	0.45	-0.28	0.44	0.54	0.11	0.54	-0.54	0.04		0.52	-0.01	0.16	-0.6	0.67	0.08	-0.2	-0.75	0.5	0.34
Other Stockholder Equity	0.99	-0.8	0.96	0.81	1.0	0.98	-0.98	0.99	0.53	0.98	0.98	0.77	1.0	-0.01	0.7	0.52		0.79	0.87	-0.61	0.95	0.79	-0.85	-0.78	0.91	0.93
Total Liab	0.84	-0.49	0.91	0.99	0.82	0.82	-0.78	0.8	0.84	0.78	0.81	0.81	0.77	0.4	0.82	-0.01	0.79		0.83	-0.22	0.7	0.93	-0.84	-0.45	0.67	0.81
Total Current Assets	0.9	-0.74	0.85	0.85	0.9	0.78	-0.92	0.91	0.6	0.92	0.79	0.87	0.86	0.13	0.76	0.16	0.87	0.83		-0.55	0.69	0.82	-0.76	-0.36	0.86	0.98
Short Term Debt	-0.57	0.94	-0.52	-0.28	-0.6	-0.51	0.62	-0.59	-0.21	-0.58	-0.51	-0.67	-0.59	0.47	-0.56	-0.6	-0.61	-0.22	-0.55		-0.52	-0.38	0.47	0.42	-0.48	-0.58
Intangible Assets	0.92	-0.69	0.9	0.71	0.92	0.98	-0.9	0.92	0.37	0.89	0.98	0.59	0.96	-0.05	0.55	0.67	0.95	0.7	0.69	-0.52		0.7	-0.8	-0.91	0.86	0.82
Common Stock	0.83	-0.58	0.88	0.92	0.81	0.81	-0.78	0.8	0.75	0.77	0.81	0.83	0.77	0.45	0.81	0.08	0.79	0.93	0.82	-0.38	0.7		-0.89	-0.44	0.68	0.82
Long Term Debt	-0.87	0.69	-0.89	-0.83	-0.85	-0.88	0.81	-0.84	-0.7	-0.8	-0.87	-0.79	-0.83	-0.21	-0.8	-0.2	-0.85	-0.84	-0.76	0.47	-0.8	-0.89		0.62	-0.69	-0.8
Net Receivables	-0.72	0.54	-0.73	-0.45	-0.73	-0.85	0.68	-0.72	-0.23	-0.68	-0.84	-0.33	-0.79	0.15	-0.33	-0.75	-0.78	-0.45	-0.36	0.42	-0.91	-0.44	0.62		-0.63	-0.51
Common Stock Shares Outstanding	0.91	-0.63	0.81	0.68	0.92	0.87	-0.95	0.93	0.25	0.95	0.88	0.58	0.93	0.08	0.44	0.5	0.91	0.67	0.86	-0.48	0.86	0.68	-0.69	-0.63		0.93
Net Invested Capital	0.95	-0.77	0.89	0.84	0.95	0.87	-0.97	0.95	0.51	0.96	0.88	0.82	0.93	0.07	0.72	0.34	0.93	0.81	0.98	-0.58	0.82	0.82	-0.8	-0.51	0.93

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Xinjiang Daqo Account Relationship Matchups

Xinjiang Daqo fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	9.1B	9.0B	22.5B	52.3B	50.7B	53.2B
Short Long Term Debt Total	2.7B	1.9B	184.9M	212.9M	191.6M	182.0M
Other Current Liab	1.9B	1.1B	3.5B	4.3B	5.0B	5.2B
Total Current Liabilities	4.4B	2.9B	5.1B	5.5B	5.9B	4.3B
Total Stockholder Equity	3.3B	4.7B	16.5B	45.5B	43.9B	46.1B
Property Plant And Equipment Net	6.5B	6.6B	9.8B	16.5B	24.8B	26.1B
Net Debt	1.9B	1.2B	(4.4B)	(23.6B)	(21.2B)	(20.2B)
Retained Earnings	1.5B	2.4B	7.6B	25.3B	23.4B	24.6B
Accounts Payable	881.9M	688.1M	1.5B	985.6M	661.3M	859.4M
Cash	784.4M	695.7M	4.6B	23.8B	19.6B	20.6B
Non Current Assets Total	6.8B	6.9B	10.1B	18.6B	27.3B	28.7B
Non Currrent Assets Other	66.5M	102.8M	1.8B	1.5B	1.2B	799.0M
Cash And Short Term Investments	784.4M	695.7M	6.3B	23.8B	27.4B	28.7B
Liabilities And Stockholders Equity	9.1B	9.0B	22.5B	52.3B	60.1B	63.1B
Non Current Liabilities Total	1.4B	1.4B	890.3M	1.2B	940.8M	906.6M
Inventory	273.7M	321.4M	2.1B	1.2B	1.3B	874.4M
Other Current Assets	83.1M	11.5M	218.7M	286.5M	1.2B	1.2B
Other Stockholder Equity	452.1M	606.4M	7.0B	18.1B	20.8B	21.8B
Total Liab	5.8B	4.3B	6.0B	6.7B	6.8B	5.5B
Total Current Assets	2.3B	2.1B	12.3B	33.7B	23.4B	12.0B
Short Term Debt	1.6B	1.1B	184.9M	212.9M	191.6M	182.0M
Intangible Assets	194.8M	199.2M	256.9M	553.5M	1.1B	1.1B

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Other Information on Investing in Xinjiang Stock

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

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Xinjiang Ebit vs Net Income Analysis

Ebit vs Net Income

Ebit vs Net Income Correlation Analysis

Correlation Coefficient

Ebit

Net Income

Xinjiang Daqo fundamental ratios Correlations

Xinjiang Daqo Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xinjiang Daqo fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Xinjiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash	+ 1.0	Retained Earnings

Cash	- 1.0	Net Debt
Retained Earnings	- 1.0	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Net Debt	- 0.99	Total Assets
Other Stockholder Equity	- 0.98	Net Debt