Suzhou Net Income vs Net Income From Continuing Ops Analysis

688355 Stock   18.51  0.27  1.48%   
Suzhou Mingzhi financial indicator trend analysis is much more than just breaking down Suzhou Mingzhi Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Mingzhi Technology is a good investment. Please check the relationship between Suzhou Mingzhi Net Income and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Mingzhi Technology. 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 Net Income From Continuing Ops

Net Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Mingzhi Technology Net Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have totally related.
The correlation between Suzhou Mingzhi's Net Income and Net Income From Continuing Ops is 1.0. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Suzhou Mingzhi Technology, assuming nothing else is changed. The correlation between historical values of Suzhou Mingzhi's Net Income and Net Income From Continuing Ops 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 Suzhou Mingzhi Technology are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Net Income i.e., Suzhou Mingzhi's Net Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

1.0
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 Suzhou Mingzhi Technology financial statement analysis. It represents the amount of money remaining after all of Suzhou Mingzhi Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income From Continuing Ops

Most indicators from Suzhou Mingzhi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Mingzhi Technology 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 Suzhou Mingzhi Technology. 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 Tax Provision is expected to grow to about (4 M). In addition to that, Selling General Administrative is expected to decline to about 27.5 M
 2021 2022 2023 2024 (projected)
Interest Expense1.3M2.6M2.9M2.2M
Interest Income3.5M3.1M2.3M2.6M

Suzhou Mingzhi fundamental ratios Correlations

-0.86-0.621.00.960.880.510.810.810.70.910.96-0.920.370.69-0.681.0-0.410.990.960.710.990.810.740.780.8
-0.860.84-0.88-0.95-0.8-0.73-0.73-0.64-0.73-0.68-0.830.83-0.15-0.710.87-0.870.59-0.84-0.83-0.5-0.87-0.75-0.69-0.74-0.74
-0.620.84-0.66-0.75-0.65-0.93-0.56-0.19-0.78-0.42-0.660.710.13-0.721.0-0.620.85-0.6-0.66-0.31-0.64-0.52-0.59-0.61-0.63
1.0-0.88-0.660.980.880.560.80.790.710.890.96-0.930.30.69-0.711.0-0.460.980.960.690.990.790.740.760.8
0.96-0.95-0.750.980.890.660.760.750.720.820.92-0.930.180.67-0.80.97-0.570.950.920.590.970.750.70.720.76
0.88-0.8-0.650.880.890.460.440.770.420.910.74-0.980.140.42-0.720.87-0.540.930.740.290.930.470.370.490.46
0.51-0.73-0.930.560.660.460.580.00.840.220.64-0.57-0.340.66-0.920.51-0.90.460.640.360.530.450.640.510.64
0.81-0.73-0.560.80.760.440.580.480.910.560.92-0.560.430.9-0.570.81-0.260.70.920.950.710.960.990.920.99
0.81-0.64-0.190.790.750.770.00.480.20.890.64-0.720.520.29-0.260.820.040.850.640.440.820.590.360.50.43
0.7-0.73-0.780.710.720.420.840.910.20.390.85-0.560.150.92-0.780.7-0.570.60.850.80.630.820.950.840.95
0.91-0.68-0.420.890.820.910.220.560.890.390.78-0.90.490.48-0.50.91-0.210.950.780.50.920.630.460.620.54
0.96-0.83-0.660.960.920.740.640.920.640.850.78-0.830.310.8-0.710.96-0.470.911.00.830.920.870.880.840.92
-0.920.830.71-0.93-0.93-0.98-0.57-0.56-0.72-0.56-0.9-0.83-0.12-0.520.78-0.910.62-0.96-0.83-0.41-0.96-0.55-0.5-0.57-0.57
0.37-0.150.130.30.180.14-0.340.430.520.150.490.31-0.120.470.110.370.590.320.310.550.250.620.390.630.41
0.69-0.71-0.720.690.670.420.660.90.290.920.480.8-0.520.47-0.710.69-0.340.60.80.810.60.90.930.970.94
-0.680.871.0-0.71-0.8-0.72-0.92-0.57-0.26-0.78-0.5-0.710.780.11-0.71-0.680.85-0.67-0.71-0.33-0.71-0.54-0.6-0.62-0.64
1.0-0.87-0.621.00.970.870.510.810.820.70.910.96-0.910.370.69-0.68-0.40.990.960.710.990.820.740.780.8
-0.410.590.85-0.46-0.57-0.54-0.9-0.260.04-0.57-0.21-0.470.620.59-0.340.85-0.4-0.42-0.47-0.04-0.48-0.12-0.31-0.18-0.33
0.99-0.84-0.60.980.950.930.460.70.850.60.950.91-0.960.320.6-0.670.99-0.420.910.61.00.720.630.690.7
0.96-0.83-0.660.960.920.740.640.920.640.850.781.0-0.830.310.8-0.710.96-0.470.910.830.920.870.880.840.92
0.71-0.5-0.310.690.590.290.360.950.440.80.50.83-0.410.550.81-0.330.71-0.040.60.830.590.910.940.860.93
0.99-0.87-0.640.990.970.930.530.710.820.630.920.92-0.960.250.6-0.710.99-0.481.00.920.590.710.640.680.71
0.81-0.75-0.520.790.750.470.450.960.590.820.630.87-0.550.620.9-0.540.82-0.120.720.870.910.710.940.970.95
0.74-0.69-0.590.740.70.370.640.990.360.950.460.88-0.50.390.93-0.60.74-0.310.630.880.940.640.940.921.0
0.78-0.74-0.610.760.720.490.510.920.50.840.620.84-0.570.630.97-0.620.78-0.180.690.840.860.680.970.920.94
0.8-0.74-0.630.80.760.460.640.990.430.950.540.92-0.570.410.94-0.640.8-0.330.70.920.930.710.951.00.94
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Suzhou Mingzhi Account Relationship Matchups

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Other Information on Investing in Suzhou Stock

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