ZJBC Operating Income vs Net Income From Continuing Ops Analysis

000889 Stock   2.29  0.05  2.23%   
ZJBC Information financial indicator trend analysis is more than just analyzing ZJBC Information Tec current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZJBC Information Tec is a good investment. Please check the relationship between ZJBC Information Operating 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 ZJBC Information 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.

Operating Income vs Net Income From Continuing Ops

Operating 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 ZJBC Information Tec Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZJBC Information's Operating Income and Net Income From Continuing Ops is 0.4. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of ZJBC Information Technology, assuming nothing else is changed. The correlation between historical values of ZJBC Information's Operating 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 Operating Income of ZJBC Information 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 Operating Income i.e., ZJBC Information's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from ZJBC Information Tec 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 ZJBC Information Technology 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 From Continuing Ops

Most indicators from ZJBC Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZJBC Information Tec 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 ZJBC Information 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 Selling General Administrative is expected to grow to about 103.8 M, whereas Tax Provision is forecasted to decline to about 3.8 M.
 2021 2022 2023 2024 (projected)
Research Development66.4M60.1M50.2M63.9M
Minority Interest48.6K136.3K180.6K313.2K

ZJBC Information fundamental ratios Correlations

0.470.420.960.610.720.280.77-0.160.250.73-0.320.490.530.27-0.03-0.140.270.960.66-0.430.81-0.030.680.70.87
0.470.670.30.40.240.30.650.25-0.020.190.140.070.65-0.03-0.020.16-0.180.340.04-0.150.48-0.220.470.660.58
0.420.670.190.73-0.150.670.78-0.24-0.50.47-0.350.20.91-0.320.34-0.360.280.3-0.180.370.14-0.770.660.890.7
0.960.30.190.490.820.140.63-0.120.370.63-0.260.480.290.29-0.11-0.040.240.950.79-0.550.830.160.550.510.77
0.610.40.730.490.030.770.79-0.39-0.150.6-0.490.280.66-0.060.47-0.280.590.470.020.270.22-0.650.590.80.71
0.720.24-0.150.820.03-0.390.330.370.520.170.260.38-0.030.28-0.60.35-0.310.790.88-0.890.940.630.280.150.54
0.280.30.670.140.77-0.390.63-0.68-0.410.57-0.7-0.010.55-0.20.84-0.550.710.12-0.220.64-0.24-0.850.330.660.39
0.770.650.780.630.790.330.63-0.26-0.250.62-0.350.330.73-0.180.2-0.290.240.690.35-0.040.52-0.440.620.90.9
-0.160.25-0.24-0.12-0.390.37-0.68-0.260.34-0.720.97-0.23-0.28-0.03-0.720.91-0.83-0.160.08-0.550.380.6-0.12-0.28-0.11
0.25-0.02-0.50.37-0.150.52-0.41-0.250.34-0.020.32-0.09-0.310.7-0.350.54-0.130.220.28-0.580.390.6-0.07-0.25-0.05
0.730.190.470.630.60.170.570.62-0.72-0.02-0.810.370.670.340.42-0.690.680.690.230.110.26-0.460.580.660.62
-0.320.14-0.35-0.26-0.490.26-0.7-0.350.970.32-0.81-0.38-0.4-0.09-0.710.89-0.89-0.290.01-0.490.250.62-0.25-0.39-0.23
0.490.070.20.480.280.38-0.010.33-0.23-0.090.37-0.380.230.07-0.07-0.30.240.540.4-0.210.370.060.220.240.35
0.530.650.910.290.66-0.030.550.73-0.28-0.310.67-0.40.230.040.25-0.420.30.43-0.160.240.24-0.670.710.870.71
0.27-0.03-0.320.29-0.060.28-0.2-0.18-0.030.70.34-0.090.070.04-0.060.10.20.210.06-0.290.180.34-0.11-0.18-0.08
-0.03-0.020.34-0.110.47-0.60.840.2-0.72-0.350.42-0.71-0.070.25-0.06-0.580.75-0.15-0.410.78-0.52-0.760.050.29-0.07
-0.140.16-0.36-0.04-0.280.35-0.55-0.290.910.54-0.690.89-0.3-0.420.1-0.58-0.64-0.190.1-0.520.30.61-0.22-0.34-0.15
0.27-0.180.280.240.59-0.310.710.24-0.83-0.130.68-0.890.240.30.20.75-0.640.16-0.120.52-0.31-0.60.210.320.15
0.960.340.30.950.470.790.120.69-0.160.220.69-0.290.540.430.21-0.15-0.190.160.75-0.510.850.080.650.60.83
0.660.04-0.180.790.020.88-0.220.350.080.280.230.010.4-0.160.06-0.410.1-0.120.75-0.730.760.540.140.090.49
-0.43-0.150.37-0.550.27-0.890.64-0.04-0.55-0.580.11-0.49-0.210.24-0.290.78-0.520.52-0.51-0.73-0.78-0.82-0.10.11-0.24
0.810.480.140.830.220.94-0.240.520.380.390.260.250.370.240.18-0.520.3-0.310.850.76-0.780.410.530.410.71
-0.03-0.22-0.770.16-0.650.63-0.85-0.440.60.6-0.460.620.06-0.670.34-0.760.61-0.60.080.54-0.820.41-0.42-0.64-0.28
0.680.470.660.550.590.280.330.62-0.12-0.070.58-0.250.220.71-0.110.05-0.220.210.650.14-0.10.53-0.420.840.75
0.70.660.890.510.80.150.660.9-0.28-0.250.66-0.390.240.87-0.180.29-0.340.320.60.090.110.41-0.640.840.86
0.870.580.70.770.710.540.390.9-0.11-0.050.62-0.230.350.71-0.08-0.07-0.150.150.830.49-0.240.71-0.280.750.86
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ZJBC Information Account Relationship Matchups

ZJBC Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B3.7B1.5B1.3B904.9M859.7M
Other Current Liab527.5M525.5M477.0M475.7M32.2M30.6M
Total Current Liabilities1.5B1.4B1.1B1.0B754.3M963.7M
Total Stockholder Equity2.3B2.3B337.9M261.3M135.7M129.0M
Other Liab9.7M11.3M10.3M4.6M5.3M5.4M
Retained Earnings(101.1M)(80.9M)(2.1B)(2.3B)(2.4B)(2.3B)
Accounts Payable478.4M502.8M467.8M429.6M392.6M322.3M
Cash830.1M725.8M383.7M267.8M137.6M130.7M
Other Assets32.3M39.5M26.9M10.5M9.4M8.9M
Net Receivables956.9M841.9M516.9M439.0M450.1M467.6M
Inventory31.7M29.4M53.6M50.5M38.7M36.8M
Other Current Assets120.0M127.8M55.1M39.7M38.8M69.8M
Total Liab1.6B1.4B1.1B1.0B769.0M1.1B
Intangible Assets68.3M56.1M19.6M10.6M3.1M3.0M
Property Plant Equipment77.3M98.9M88.5M49.0M44.1M41.9M
Net Tangible Assets550.6M485.0M517.3M191.1M172.0M163.4M
Deferred Long Term Liab894.2K2.8M3.4M10.8M12.4M13.0M
Non Current Assets Total2.0B2.0B466.6M419.1M195.9M186.1M
Non Current Liabilities Total77.6M10.3M6.0M10.4M14.7M14.0M
Short Long Term Debt301.7M206.0M152.0M55.9M30.0M28.5M
Total Current Assets1.9B1.8B1.0B879.0M709.1M1.1B
Net Invested Capital2.7B2.5B489.9M322.2M165.8M157.5M
Net Working Capital431.2M400.2M(122.2M)(147.1M)(45.2M)(43.0M)

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Other Information on Investing in ZJBC Stock

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