Sany Research Development vs Net Income Analysis

688349 Stock

32.00 0.49 1.51%

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

Research Development vs Net Income

Research Development vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sany Heavy Energy Research Development account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sany Heavy's Research Development and Net Income is 0.96. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income in the same time period over historical financial statements of Sany Heavy Energy, assuming nothing else is changed. The correlation between historical values of Sany Heavy's Research Development 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 Research Development of Sany Heavy Energy 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 Research Development i.e., Sany Heavy's Research Development and Net Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Research Development

Net Income

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

Most indicators from Sany Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sany Heavy Energy 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 Sany Heavy Energy. 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 20, 2024, Tax Provision is expected to decline to about 269.8 M. In addition to that, Selling General Administrative is expected to decline to about 936.5 M

	2021	2022	2023	2024 (projected)
Interest Expense	111.2M	121.2M	101.2M	109.9M
Interest Income	75.1M	171M	299.3M	154.1M

Interest Expense Interest Income

Sany Heavy fundamental ratios Correlations

	Total Assets	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	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock	Non Current Liabilities Other
Total Assets		0.72	0.99	0.99	0.89	-0.88	0.99	0.95	1.0	0.98	1.0	0.31	0.99	-0.68	0.95	0.39	0.62	0.55	-0.21	0.98	0.99	0.96	0.72	1.0	0.95	-0.83
Other Current Liab	0.72		0.8	0.65	0.65	-0.38	0.64	0.88	0.66	0.79	0.72	0.23	0.72	-0.75	0.7	-0.18	0.5	0.95	0.51	0.79	0.6	0.69	0.09	0.7	0.7	-0.69
Total Current Liabilities	0.99	0.8		0.95	0.91	-0.84	0.97	0.98	0.97	1.0	0.99	0.41	0.99	-0.74	0.92	0.23	0.71	0.66	-0.1	1.0	0.94	0.96	0.64	0.98	0.92	-0.86
Total Stockholder Equity	0.99	0.65	0.95		0.85	-0.87	0.98	0.91	1.0	0.95	0.99	0.2	0.97	-0.61	0.96	0.52	0.52	0.46	-0.27	0.93	1.0	0.93	0.76	0.99	0.96	-0.78
Property Plant And Equipment Net	0.89	0.65	0.91	0.85		-0.91	0.89	0.82	0.87	0.92	0.89	0.52	0.89	-0.88	0.9	0.19	0.74	0.43	-0.28	0.91	0.88	0.98	0.77	0.88	0.9	-0.98
Net Debt	-0.88	-0.38	-0.84	-0.87	-0.91		-0.92	-0.72	-0.89	-0.86	-0.88	-0.52	-0.88	0.62	-0.83	-0.42	-0.71	-0.18	0.6	-0.85	-0.91	-0.93	-0.93	-0.88	-0.83	0.83
Retained Earnings	0.99	0.64	0.97	0.98	0.89	-0.92		0.92	0.99	0.97	0.99	0.37	0.99	-0.64	0.93	0.41	0.66	0.48	-0.31	0.97	0.99	0.96	0.78	0.99	0.93	-0.82
Accounts Payable	0.95	0.88	0.98	0.91	0.82	-0.72	0.92		0.93	0.97	0.95	0.32	0.96	-0.7	0.89	0.17	0.63	0.78	0.08	0.97	0.89	0.9	0.48	0.95	0.89	-0.79
Cash	1.0	0.66	0.97	1.0	0.87	-0.89	0.99	0.93		0.97	1.0	0.27	0.98	-0.63	0.95	0.46	0.58	0.49	-0.27	0.96	1.0	0.95	0.76	1.0	0.95	-0.8
Non Current Assets Total	0.98	0.79	1.0	0.95	0.92	-0.86	0.97	0.97	0.97		0.99	0.42	0.99	-0.76	0.93	0.23	0.71	0.64	-0.12	1.0	0.95	0.97	0.65	0.98	0.93	-0.88
Non Currrent Assets Other	1.0	0.72	0.99	0.99	0.89	-0.88	0.99	0.95	1.0	0.99		0.33	0.99	-0.67	0.95	0.38	0.63	0.55	-0.21	0.98	0.98	0.96	0.72	1.0	0.95	-0.83
Long Term Debt	0.31	0.23	0.41	0.2	0.52	-0.52	0.37	0.32	0.27	0.42	0.33		0.41	-0.45	0.14	-0.49	0.93	0.25	-0.25	0.47	0.25	0.47	0.29	0.28	0.14	-0.52
Net Receivables	0.99	0.72	0.99	0.97	0.89	-0.88	0.99	0.96	0.98	0.99	0.99	0.41		-0.67	0.91	0.31	0.7	0.58	-0.21	0.99	0.97	0.96	0.7	0.99	0.91	-0.83
Good Will	-0.68	-0.75	-0.74	-0.61	-0.88	0.62	-0.64	-0.7	-0.63	-0.76	-0.67	-0.45	-0.67		-0.76	0.13	-0.61	-0.57	-0.09	-0.75	-0.62	-0.82	-0.44	-0.65	-0.76	0.95
Common Stock Shares Outstanding	0.95	0.7	0.92	0.96	0.9	-0.83	0.93	0.89	0.95	0.93	0.95	0.14	0.91	-0.76		0.47	0.45	0.47	-0.19	0.9	0.96	0.94	0.74	0.96	1.0	-0.86
Short Term Investments	0.39	-0.18	0.23	0.52	0.19	-0.42	0.41	0.17	0.46	0.23	0.38	-0.49	0.31	0.13	0.47		-0.31	-0.36	-0.58	0.19	0.52	0.27	0.65	0.43	0.47	-0.06
Non Current Liabilities Total	0.62	0.5	0.71	0.52	0.74	-0.71	0.66	0.63	0.58	0.71	0.63	0.93	0.7	-0.61	0.45	-0.31		0.47	-0.21	0.75	0.55	0.72	0.45	0.6	0.45	-0.72
Inventory	0.55	0.95	0.66	0.46	0.43	-0.18	0.48	0.78	0.49	0.64	0.55	0.25	0.58	-0.57	0.47	-0.36	0.47		0.66	0.66	0.41	0.49	-0.16	0.53	0.47	-0.49
Other Current Assets	-0.21	0.51	-0.1	-0.27	-0.28	0.6	-0.31	0.08	-0.27	-0.12	-0.21	-0.25	-0.21	-0.09	-0.19	-0.58	-0.21	0.66		-0.12	-0.35	-0.27	-0.79	-0.23	-0.19	0.16
Total Liab	0.98	0.79	1.0	0.93	0.91	-0.85	0.97	0.97	0.96	1.0	0.98	0.47	0.99	-0.75	0.9	0.19	0.75	0.66	-0.12		0.93	0.97	0.63	0.97	0.9	-0.87
Net Invested Capital	0.99	0.6	0.94	1.0	0.88	-0.91	0.99	0.89	1.0	0.95	0.98	0.25	0.97	-0.62	0.96	0.52	0.55	0.41	-0.35	0.93		0.94	0.81	0.99	0.96	-0.8
Property Plant And Equipment Gross	0.96	0.69	0.96	0.93	0.98	-0.93	0.96	0.9	0.95	0.97	0.96	0.47	0.96	-0.82	0.94	0.27	0.72	0.49	-0.27	0.97	0.94		0.77	0.95	0.94	-0.95
Short Long Term Debt	0.72	0.09	0.64	0.76	0.77	-0.93	0.78	0.48	0.76	0.65	0.72	0.29	0.7	-0.44	0.74	0.65	0.45	-0.16	-0.79	0.63	0.81	0.77		0.73	0.74	-0.67
Total Current Assets	1.0	0.7	0.98	0.99	0.88	-0.88	0.99	0.95	1.0	0.98	1.0	0.28	0.99	-0.65	0.96	0.43	0.6	0.53	-0.23	0.97	0.99	0.95	0.73		0.96	-0.81
Capital Stock	0.95	0.7	0.92	0.96	0.9	-0.83	0.93	0.89	0.95	0.93	0.95	0.14	0.91	-0.76	1.0	0.47	0.45	0.47	-0.19	0.9	0.96	0.94	0.74	0.96		-0.86
Non Current Liabilities Other	-0.83	-0.69	-0.86	-0.78	-0.98	0.83	-0.82	-0.79	-0.8	-0.88	-0.83	-0.52	-0.83	0.95	-0.86	-0.06	-0.72	-0.49	0.16	-0.87	-0.8	-0.95	-0.67	-0.81	-0.86

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Sany Heavy Account Relationship Matchups

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

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Sany Research Development vs Net Income Analysis

Research Development vs Net Income

Research Development vs Net Income Correlation Analysis

Correlation Coefficient

Research Development

Net Income

Sany Heavy fundamental ratios Correlations

Sany Heavy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Sany Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 1.0	Total Stockholder Equity

Non Current Liabilities Other	- 0.98	Property Plant And Equipment Net
Non Current Liabilities Other	- 0.95	Property Plant And Equipment Gross
Short Long Term Debt	- 0.93	Net Debt
Property Plant And Equipment Gross	- 0.93	Net Debt
Retained Earnings	- 0.92	Net Debt
Net Invested Capital	- 0.91	Net Debt