Jiaozuo Net Income From Continuing Ops vs Gross Profit Analysis

000612 Stock   7.14  0.14  2.00%   
Jiaozuo Wanfang financial indicator trend analysis is infinitely more than just investigating Jiaozuo Wanfang Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiaozuo Wanfang Aluminum is a good investment. Please check the relationship between Jiaozuo Wanfang Net Income From Continuing Ops and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiaozuo Wanfang Aluminum. 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.

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiaozuo Wanfang Aluminum Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiaozuo Wanfang's Net Income From Continuing Ops and Gross Profit is 0.8. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Jiaozuo Wanfang Aluminum, assuming nothing else is changed. The correlation between historical values of Jiaozuo Wanfang's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Jiaozuo Wanfang Aluminum 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 Net Income From Continuing Ops i.e., Jiaozuo Wanfang's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Jiaozuo Wanfang Aluminum minus its cost of goods sold. It is profit before Jiaozuo Wanfang 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 Jiaozuo Wanfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiaozuo Wanfang Aluminum 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 Jiaozuo Wanfang Aluminum. 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.
The current year's Tax Provision is expected to grow to about 129.1 M, whereas Selling General Administrative is forecasted to decline to about 17 M.
 2024 2025 (projected)
Research Development23.6K39.6K
Minority Interest4.5K4.8K

Jiaozuo Wanfang fundamental ratios Correlations

0.070.850.690.680.950.060.3-0.090.750.520.610.290.230.480.440.310.290.30.510.840.680.90.30.380.3
0.070.160.15-0.180.040.5-0.4-0.15-0.160.08-0.2-0.66-0.30.050.360.240.26-0.16-0.070.120.150.19-0.18-0.18-0.49
0.850.160.540.730.860.350.140.030.760.340.630.280.370.280.460.120.10.190.570.740.850.760.230.30.1
0.690.150.540.270.58-0.17-0.18-0.150.290.860.22-0.13-0.320.860.380.820.810.150.430.630.490.760.10.2-0.04
0.68-0.180.730.270.780.30.62-0.060.890.10.840.670.730.090.11-0.19-0.210.310.340.580.520.50.240.290.52
0.950.040.860.580.780.140.4-0.150.820.30.640.40.370.330.450.120.110.170.480.830.640.850.440.510.39
0.060.50.35-0.170.30.140.11-0.040.3-0.20.4-0.10.41-0.26-0.01-0.2-0.21-0.02-0.080.10.39-0.02-0.09-0.02-0.23
0.3-0.40.14-0.180.620.40.11-0.010.74-0.160.680.650.75-0.14-0.08-0.42-0.420.38-0.120.11-0.05-0.020.50.450.7
-0.09-0.150.03-0.15-0.06-0.15-0.04-0.010.010.05-0.140.33-0.09-0.030.04-0.03-0.03-0.010.01-0.22-0.1-0.180.24-0.19-0.28
0.75-0.160.760.290.890.820.30.740.010.180.880.60.720.160.25-0.14-0.150.380.30.550.540.490.490.510.52
0.520.080.340.860.10.3-0.2-0.160.050.180.22-0.21-0.330.860.20.840.830.420.30.380.380.52-0.12-0.06-0.13
0.61-0.20.630.220.840.640.40.68-0.140.880.220.430.810.17-0.11-0.12-0.140.50.250.450.640.330.160.280.46
0.29-0.660.28-0.130.670.4-0.10.650.330.6-0.210.430.6-0.25-0.06-0.48-0.50.230.130.250.010.140.430.350.63
0.23-0.30.37-0.320.730.370.410.75-0.090.72-0.330.810.6-0.39-0.29-0.68-0.690.40.030.210.36-0.020.190.330.59
0.480.050.280.860.090.33-0.26-0.14-0.030.160.860.17-0.25-0.390.260.890.890.040.380.220.30.410.06-0.04-0.24
0.440.360.460.380.110.45-0.01-0.080.040.250.2-0.11-0.06-0.290.260.320.31-0.290.410.220.060.450.240.1-0.27
0.310.240.120.82-0.190.12-0.2-0.42-0.03-0.140.84-0.12-0.48-0.680.890.321.0-0.060.230.160.160.38-0.12-0.19-0.43
0.290.260.10.81-0.210.11-0.21-0.42-0.03-0.150.83-0.14-0.5-0.690.890.311.0-0.070.20.140.140.37-0.11-0.18-0.44
0.3-0.160.190.150.310.17-0.020.38-0.010.380.420.50.230.40.04-0.29-0.06-0.07-0.220.360.290.24-0.080.230.52
0.51-0.070.570.430.340.48-0.08-0.120.010.30.30.250.130.030.380.410.230.2-0.220.360.460.48-0.06-0.09-0.15
0.840.120.740.630.580.830.10.11-0.220.550.380.450.250.210.220.220.160.140.360.360.660.940.20.50.43
0.680.150.850.490.520.640.39-0.05-0.10.540.380.640.010.360.30.060.160.140.290.460.660.620.00.20.02
0.90.190.760.760.50.85-0.02-0.02-0.180.490.520.330.14-0.020.410.450.380.370.240.480.940.620.160.350.25
0.3-0.180.230.10.240.44-0.090.50.240.49-0.120.160.430.190.060.24-0.12-0.11-0.08-0.060.20.00.160.780.39
0.38-0.180.30.20.290.51-0.020.45-0.190.51-0.060.280.350.33-0.040.1-0.19-0.180.23-0.090.50.20.350.780.61
0.3-0.490.1-0.040.520.39-0.230.7-0.280.52-0.130.460.630.59-0.24-0.27-0.43-0.440.52-0.150.430.020.250.390.61
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Jiaozuo Wanfang Account Relationship Matchups

Jiaozuo Wanfang fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets7.1B7.9B7.8B7.9B9.1B4.7B
Other Current Liab323.4M5.1M330.9M142.3M163.6M92.2M
Total Current Liabilities2.3B2.2B1.8B1.9B2.2B1.4B
Total Stockholder Equity4.8B5.1B5.3B5.8B6.7B7.0B
Property Plant And Equipment Net2.5B2.3B2.2B1.9B2.1B2.0B
Non Current Assets Total5.6B5.5B5.7B5.4B6.2B3.5B
Liabilities And Stockholders Equity7.1B7.9B7.8B7.9B9.1B4.7B
Non Current Liabilities Total27.3M556.1M769.4M219.8M252.7M240.1M
Other Current Assets10.3M163.3M80.0M76.2M68.6M52.3M
Total Liab2.3B2.8B2.5B2.1B2.4B2.1B
Total Current Assets1.5B2.4B2.1B2.5B2.9B3.0B
Short Long Term Debt Total1.3B1.6B1.5B1.6B1.8B1.6B
Current Deferred Revenue67.8M472.6M20.9M24.7M28.4M27.0M
Net Debt520.5M483.1M310.7M4.7M5.4M5.1M
Retained Earnings1.6B1.9B2.0B2.5B2.9B3.0B
Accounts Payable616.5M640.1M700.5M316.8M364.4M286.7M
Cash756.0M1.2B1.2B1.6B1.8B1.9B
Cash And Short Term Investments807.6M1.2B1.3B1.7B2.0B2.1B
Net Receivables63.9M101.4M156.3M255.7M294.1M240.8M
Inventory653.5M965.7M544.9M455.3M523.6M435.4M
Other Stockholder Equity1.6B1.5B1.5B1.5B1.8B959.6M
Short Term Debt1.3B1.1B723.4M1.4B1.6B940.7M
Intangible Assets91.4M90.7M88.5M86.3M99.3M124.5M
Other Liab35.7M31.9M27.3M22.7M26.1M33.2M
Short Term Investments51.6M0.03150.2M150.0M172.5M331.1M
Property Plant Equipment2.9B2.7B2.5B2.3B2.6B2.5B
Net Tangible Assets4.2B4.3B4.7B5.0B5.7B5.0B
Short Long Term Debt766.5M1.1B691.2M350.8M315.7M300.0M
Net Invested Capital5.6B6.7B6.7B6.3B7.3B6.8B
Net Working Capital(748.8M)163.0M320.0M650.7M748.3M785.7M
Property Plant And Equipment Gross5.8B5.8B5.8B5.6B5.1B4.6B
Accumulated Other Comprehensive Income522.4M493.4M530.1M584.5M672.2M577.3M

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Other Information on Investing in Jiaozuo Stock

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