| 900903 Stock | | | 0.26 0.01 3.70% |
Dazhong Transportation financial indicator trend analysis is much more than just examining Dazhong Transportation latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dazhong Transportation is a good investment. Please check the relationship between Dazhong Transportation Operating Income and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Dazhong Transportation Group. 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.
Operating Income vs Net Income
Operating Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dazhong Transportation Operating Income account and
Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dazhong Transportation's Operating Income and Net Income is 0.56. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Dazhong Transportation Group, assuming nothing else is changed. The correlation between historical values of Dazhong Transportation's Operating Income 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 Operating Income of Dazhong Transportation Group 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 Operating Income i.e., Dazhong Transportation's Operating Income and Net Income go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Dazhong Transportation 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 Dazhong Transportation Group 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dazhong Transportation financial statement analysis. It represents the amount of money remaining after all of Dazhong Transportation Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Dazhong Transportation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dazhong Transportation 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 Dazhong Transportation Group. 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.
As of December 1, 2024,
Selling General Administrative is expected to decline to about 167.8
M. In addition to that,
Tax Provision is expected to decline to about 165.1
MDazhong Transportation fundamental ratios Correlations
Click cells to compare fundamentals
Dazhong Transportation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dazhong Transportation fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Dazhong Stock
Balance Sheet is a snapshot of the
financial position of Dazhong Transportation at a specified time, usually calculated after every quarter, six months, or one year. Dazhong Transportation Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dazhong Transportation 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 Dazhong currently owns. An asset can also be divided into two categories, current and non-current.