Inner Gross Profit vs Total Operating Expenses Analysis

900948 Stock   2.18  0.01  0.46%   
Inner Mongolia financial indicator trend analysis is infinitely more than just investigating Inner Mongolia Yitai recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inner Mongolia Yitai is a good investment. Please check the relationship between Inner Mongolia Gross Profit and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Inner Mongolia Yitai. 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.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inner Mongolia Yitai Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Inner Mongolia's Gross Profit and Total Operating Expenses is 0.96. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Inner Mongolia Yitai, assuming nothing else is changed. The correlation between historical values of Inner Mongolia's Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Inner Mongolia Yitai are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Inner Mongolia's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Inner Mongolia Yitai minus its cost of goods sold. It is profit before Inner Mongolia 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Inner Mongolia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inner Mongolia Yitai 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 Inner Mongolia Yitai. 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 13, 2024, Selling General Administrative is expected to decline to about 1.6 B. In addition to that, Tax Provision is expected to decline to about 1.9 B
 2021 2022 2023 2024 (projected)
Operating Income14.6B19.1B12.2B12.8B
Total Revenue50.7B60.6B53.0B55.7B

Inner Mongolia fundamental ratios Correlations

0.260.930.730.410.690.70.880.760.730.20.770.770.920.680.870.920.110.590.470.480.74-0.610.64-0.560.55
0.260.34-0.13-0.41-0.12-0.040.16-0.030.40.510.340.540.39-0.270.180.38-0.45-0.33-0.44-0.39-0.240.22-0.080.02-0.31
0.930.340.680.430.660.690.880.710.610.120.570.780.860.650.680.830.110.590.480.480.73-0.640.7-0.610.58
0.73-0.130.680.881.00.910.760.90.25-0.080.450.30.50.960.590.520.70.840.880.60.81-0.860.77-0.550.71
0.41-0.410.430.880.90.80.560.74-0.15-0.370.06-0.060.120.920.250.120.880.890.960.570.76-0.870.7-0.420.67
0.69-0.120.661.00.90.910.740.880.2-0.080.410.270.450.950.560.480.730.840.880.560.77-0.860.76-0.540.68
0.7-0.040.690.910.80.910.830.750.17-0.190.360.420.440.860.50.440.530.820.80.460.77-0.840.84-0.540.57
0.880.160.880.760.560.740.830.670.44-0.090.520.710.710.730.610.650.160.710.610.560.8-0.670.89-0.480.61
0.76-0.030.710.90.740.880.750.670.470.110.490.340.650.890.690.650.60.710.750.540.71-0.80.6-0.580.66
0.730.40.610.25-0.150.20.170.440.470.510.810.770.930.210.740.9-0.32-0.05-0.050.190.23-0.130.2-0.460.31
0.20.510.12-0.08-0.37-0.08-0.19-0.090.110.510.490.310.37-0.190.50.45-0.18-0.34-0.41-0.3-0.380.35-0.250.1-0.31
0.770.340.570.450.060.410.360.520.490.810.490.670.80.370.840.85-0.080.20.10.160.35-0.230.28-0.360.28
0.770.540.780.3-0.060.270.420.710.340.770.310.670.860.240.610.78-0.370.1-0.010.070.32-0.250.52-0.450.23
0.920.390.860.50.120.450.440.710.650.930.370.80.860.460.810.97-0.140.260.210.350.51-0.40.46-0.590.47
0.68-0.270.650.960.920.950.860.730.890.21-0.190.370.240.460.530.450.720.870.930.650.87-0.920.77-0.580.79
0.870.180.680.590.250.560.50.610.690.740.50.840.610.810.530.890.110.430.280.250.5-0.410.33-0.370.28
0.920.380.830.520.120.480.440.650.650.90.450.850.780.970.450.89-0.070.30.190.310.49-0.370.36-0.530.39
0.11-0.450.110.70.880.730.530.160.6-0.32-0.18-0.08-0.37-0.140.720.11-0.070.710.790.320.44-0.660.35-0.260.4
0.59-0.330.590.840.890.840.820.710.71-0.05-0.340.20.10.260.870.430.30.710.890.590.88-0.830.71-0.410.59
0.47-0.440.480.880.960.880.80.610.75-0.05-0.410.1-0.010.210.930.280.190.790.890.730.85-0.870.73-0.530.79
0.48-0.390.480.60.570.560.460.560.540.19-0.30.160.070.350.650.250.310.320.590.730.78-0.490.59-0.40.9
0.74-0.240.730.810.760.770.770.80.710.23-0.380.350.320.510.870.50.490.440.880.850.78-0.840.74-0.560.81
-0.610.22-0.64-0.86-0.87-0.86-0.84-0.67-0.8-0.130.35-0.23-0.25-0.4-0.92-0.41-0.37-0.66-0.83-0.87-0.49-0.84-0.70.72-0.69
0.64-0.080.70.770.70.760.840.890.60.2-0.250.280.520.460.770.330.360.350.710.730.590.74-0.7-0.490.7
-0.560.02-0.61-0.55-0.42-0.54-0.54-0.48-0.58-0.460.1-0.36-0.45-0.59-0.58-0.37-0.53-0.26-0.41-0.53-0.4-0.560.72-0.49-0.63
0.55-0.310.580.710.670.680.570.610.660.31-0.310.280.230.470.790.280.390.40.590.790.90.81-0.690.7-0.63
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Inner Mongolia Account Relationship Matchups

Inner Mongolia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.4B85.6B92.5B91.2B85.4B47.6B
Other Current Liab2.4B2.2B3.4B2.8B95.9M91.1M
Total Current Liabilities15.9B14.8B18.0B15.8B15.5B8.7B
Total Stockholder Equity34.9B33.1B40.9B49.6B46.4B48.7B
Other Liab1.1B1.3B3.0B3.5B4.0B4.2B
Retained Earnings25.7B23.9B31.9B39.8B37.5B39.4B
Accounts Payable3.5B3.4B4.1B7.6B4.4B4.6B
Cash16.5B12.2B17.4B21.7B12.6B7.6B
Other Assets3.2B4.3B4.1B4.3B5.0B5.2B
Long Term Debt32.0B25.8B21.8B13.6B11.2B13.9B
Net Receivables2.2B1.3B2.1B1.1B2.1B1.7B
Inventory2.1B1.3B1.6B1.3B1.3B928.9M
Other Current Assets2.0B1.3B2.2B1.9B348.0M330.6M
Total Liab49.6B42.4B42.8B32.8B30.0B23.5B
Intangible Assets3.0B3.2B4.4B4.3B4.6B4.9B
Property Plant Equipment47.5B42.8B39.8B34.1B39.2B24.6B
Net Tangible Assets32.0B29.8B36.5B45.3B52.1B33.5B
Other Stockholder Equity1.4B1.3B1.7B2.6B3.0B3.1B
Deferred Long Term Liab2.2B2.3B2.2B1.9B2.2B2.1B
Short Long Term Debt2.6B1B30.0M10M87.1M82.7M
Total Current Assets22.7B16.6B24.4B27.8B18.7B22.2B
Non Current Assets Total71.7B68.9B68.1B63.4B66.8B73.1B
Non Currrent Assets Other52.7M694.1M653.5M703.9M4.8B5.0B
Non Current Liabilities Total33.7B27.6B24.8B17.1B14.5B21.1B
Non Current Liabilities Other526.8M612.9M2.2B1.4B1.4B930.9M
Net Debt14.2B18.1B14.6B4.4B3.9B3.7B
Net Invested Capital69.5B59.9B62.7B63.2B57.7B49.9B
Net Working Capital6.8B1.8B6.4B12.1B3.2B6.1B

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Other Information on Investing in Inner Stock

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