Dazhong Total Other Income Expense Net vs Gross Profit Analysis

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 Total Other Income Expense Net and its Gross Profit 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.

Total Other Income Expense Net vs Gross Profit

Total Other Income Expense Net vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dazhong Transportation Total Other Income Expense Net account and Gross Profit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dazhong Transportation's Total Other Income Expense Net and Gross Profit is 0.17. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit 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 Total Other Income Expense Net and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Dazhong Transportation Group are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Other Income Expense Net i.e., Dazhong Transportation's Total Other Income Expense Net and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Other Income Expense Net

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Dazhong Transportation Group minus its cost of goods sold. It is profit before Dazhong Transportation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 November 29, 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 M
 2021 2022 2023 2024 (projected)
Gross Profit844.8M551.1M1.2B1.0B
Total Revenue2.3B2.4B4.5B3.2B

Dazhong Transportation fundamental ratios Correlations

0.070.960.86-0.790.840.840.63-0.740.91-0.850.790.840.76-0.870.99-0.88-0.640.80.910.750.00.78-0.62-0.46-0.06
0.070.10.25-0.11-0.050.330.22-0.15-0.190.040.340.08-0.53-0.090.03-0.090.190.370.130.39-0.580.30.4-0.240.34
0.960.10.74-0.710.680.750.53-0.670.83-0.850.690.820.69-0.780.97-0.82-0.560.740.850.670.060.67-0.57-0.34-0.17
0.860.250.74-0.660.860.780.57-0.820.8-0.690.750.680.63-0.760.77-0.76-0.420.80.770.76-0.230.83-0.54-0.610.08
-0.79-0.11-0.71-0.66-0.69-0.93-0.810.69-0.70.67-0.84-0.91-0.530.97-0.80.840.91-0.83-0.93-0.80.15-0.760.350.76-0.22
0.84-0.050.680.86-0.690.730.48-0.790.85-0.720.680.670.75-0.760.79-0.83-0.540.780.740.76-0.130.85-0.63-0.42-0.05
0.840.330.750.78-0.930.730.74-0.750.7-0.730.970.870.42-0.960.82-0.78-0.780.830.950.79-0.130.76-0.42-0.740.3
0.630.220.530.57-0.810.480.74-0.320.47-0.240.720.710.36-0.760.62-0.62-0.660.70.790.71-0.410.660.04-0.730.53
-0.74-0.15-0.67-0.820.69-0.79-0.75-0.32-0.720.83-0.64-0.75-0.590.76-0.680.80.52-0.79-0.7-0.740.08-0.750.620.580.12
0.91-0.190.830.8-0.70.850.70.47-0.72-0.870.650.670.86-0.790.9-0.84-0.680.620.760.560.240.64-0.82-0.36-0.27
-0.850.04-0.85-0.690.67-0.72-0.73-0.240.83-0.87-0.65-0.72-0.690.77-0.850.780.64-0.61-0.75-0.53-0.33-0.560.850.330.36
0.790.340.690.75-0.840.680.970.72-0.640.65-0.650.770.33-0.90.77-0.64-0.710.710.920.67-0.060.66-0.41-0.650.42
0.840.080.820.68-0.910.670.870.71-0.750.67-0.720.770.6-0.920.84-0.81-0.750.850.930.81-0.140.75-0.37-0.690.17
0.76-0.530.690.63-0.530.750.420.36-0.590.86-0.690.330.6-0.60.74-0.71-0.530.490.590.450.20.55-0.73-0.28-0.36
-0.87-0.09-0.78-0.760.97-0.76-0.96-0.760.76-0.790.77-0.9-0.92-0.6-0.860.830.88-0.81-0.97-0.760.04-0.760.510.76-0.2
0.990.030.970.77-0.80.790.820.62-0.680.9-0.850.770.840.74-0.86-0.87-0.680.770.910.710.060.73-0.61-0.39-0.1
-0.88-0.09-0.82-0.760.84-0.83-0.78-0.620.8-0.840.78-0.64-0.81-0.710.83-0.870.68-0.89-0.79-0.870.2-0.870.480.480.19
-0.640.19-0.56-0.420.91-0.54-0.78-0.660.52-0.680.64-0.71-0.75-0.530.88-0.680.68-0.53-0.8-0.49-0.21-0.470.470.62-0.11
0.80.370.740.8-0.830.780.830.7-0.790.62-0.610.710.850.49-0.810.77-0.89-0.530.810.99-0.510.97-0.22-0.640.12
0.910.130.850.77-0.930.740.950.79-0.70.76-0.750.920.930.59-0.970.91-0.79-0.80.810.76-0.050.74-0.46-0.690.26
0.750.390.670.76-0.80.760.790.71-0.740.56-0.530.670.810.45-0.760.71-0.87-0.490.990.76-0.590.97-0.13-0.610.16
0.0-0.580.06-0.230.15-0.13-0.13-0.410.080.24-0.33-0.06-0.140.20.040.060.2-0.21-0.51-0.05-0.59-0.55-0.630.34-0.39
0.780.30.670.83-0.760.850.760.66-0.750.64-0.560.660.750.55-0.760.73-0.87-0.470.970.740.97-0.55-0.25-0.60.08
-0.620.4-0.57-0.540.35-0.63-0.420.040.62-0.820.85-0.41-0.37-0.730.51-0.610.480.47-0.22-0.46-0.13-0.63-0.250.110.47
-0.46-0.24-0.34-0.610.76-0.42-0.74-0.730.58-0.360.33-0.65-0.69-0.280.76-0.390.480.62-0.64-0.69-0.610.34-0.60.11-0.48
-0.060.34-0.170.08-0.22-0.050.30.530.12-0.270.360.420.17-0.36-0.2-0.10.19-0.110.120.260.16-0.390.080.47-0.48
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Dazhong Transportation Account Relationship Matchups

Dazhong Transportation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.7B17.2B19.3B20.0B18.5B18.8B
Other Current Liab2.2B2.4B2.9B1.3B1.1B1.7B
Total Current Liabilities5.0B6.0B6.8B7.6B5.8B6.3B
Total Stockholder Equity9.4B9.3B9.7B9.4B9.5B10.1B
Other Liab519.0M465.2M467.7M498.4M448.6M559.1M
Net Tangible Assets7.4B8.1B8.1B8.4B9.7B8.7B
Retained Earnings6.6B6.9B7.2B5.8B6.1B6.0B
Accounts Payable490.2M175.2M320.4M342.8M232.9M282.8M
Cash2.4B1.9B2.2B2.3B1.9B1.8B
Other Assets731.0M942.9M1.2B2.8B3.2B3.3B
Net Receivables1.8B123.7M163.6M228.3M197.1M187.3M
Short Term Investments2.3B1.9B2.6B1.3B1.5B1.2B
Inventory3.4B4.1B3.0B4.6B3.3B3.3B
Other Current Assets64.9M99.0M194.7M2.3B2.1B2.2B
Other Stockholder Equity1.5B405.1M172.7M339.0M305.1M289.8M
Total Liab6.8B7.4B9.1B9.9B8.4B8.0B
Deferred Long Term Liab124.1M155.3M139.1M113.4M102.0M115.6M
Short Long Term Debt1.8B2.1B2.0B2.0B2.1B1.9B
Total Current Assets10.0B9.8B10.0B10.8B9.3B9.2B
Intangible Assets1.0B1.2B1.3B1.3B1.2B1.2B
Property Plant Equipment2.1B2.1B1.7B1.7B1.6B1.5B
Non Current Assets Total6.7B7.4B9.2B9.2B9.2B6.9B
Non Currrent Assets Other1.2B374.1M289.4M191.6M99.8M94.8M
Non Current Liabilities Total1.8B1.4B2.3B2.2B2.6B1.9B
Long Term Debt1.3B952.0M1.7B1.7B1.9B1.3B
Net Invested Capital12.5B12.4B13.3B13.1B13.6B13.7B
Net Working Capital5.0B3.8B3.2B3.2B3.5B3.5B
Net Debt673.0M1.2B1.5B1.5B2.1B1.3B

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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.