Zhejiang Net Income vs Operating Income Analysis

000913 Stock

19.38 0.11 0.57%

Zhejiang Qianjiang financial indicator trend analysis is more than just analyzing Zhejiang Qianjiang current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Qianjiang is a good investment. Please check the relationship between Zhejiang Qianjiang Net Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Qianjiang Motorcycle. 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 vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Qianjiang Net Income account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Zhejiang Qianjiang's Net Income and Operating Income is 0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Zhejiang Qianjiang Motorcycle, assuming nothing else is changed. The correlation between historical values of Zhejiang Qianjiang's Net Income and Operating 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 Net Income of Zhejiang Qianjiang Motorcycle are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Zhejiang Qianjiang's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Zhejiang Qianjiang financial statement analysis. It represents the amount of money remaining after all of Zhejiang Qianjiang Motorcycle operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Zhejiang Qianjiang 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 Zhejiang Qianjiang Motorcycle 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.

Most indicators from Zhejiang Qianjiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Qianjiang 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 Zhejiang Qianjiang Motorcycle. 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 February 17, 2025, Selling General Administrative is expected to decline to about 305.5 M. In addition to that, Tax Provision is expected to decline to about 58.3 M

	2022	2023	2024	2025 (projected)
Gross Profit	1.5B	1.4B	1.6B	980.5M
Research Development	316.1M	324.2M	372.9M	192.1M

Gross Profit Research Development

Zhejiang Qianjiang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		-0.69	0.98	0.98	0.96	0.96	0.97	0.91	0.05	-0.46	0.6	-0.39	0.98	0.89	0.59	0.49	0.12	-0.75	0.64	0.82	-0.09	-0.51	0.68	0.97	0.84	-0.54
Other Current Liab	-0.69		-0.63	-0.62	-0.65	-0.69	-0.7	-0.55	-0.07	0.42	-0.38	0.3	-0.73	-0.76	-0.32	-0.06	-0.42	0.48	-0.29	-0.6	-0.23	0.33	-0.61	-0.7	-0.73	0.26
Total Current Liabilities	0.98	-0.63		0.96	0.97	0.99	0.95	0.95	0.0	-0.47	0.64	-0.33	0.96	0.86	0.55	0.5	0.04	-0.69	0.73	0.85	-0.11	-0.48	0.66	0.96	0.8	-0.44
Total Stockholder Equity	0.98	-0.62	0.96		0.96	0.94	0.95	0.91	0.14	-0.5	0.56	-0.33	0.93	0.89	0.62	0.52	-0.05	-0.73	0.65	0.84	0.0	-0.54	0.74	0.95	0.81	-0.52
Retained Earnings	0.96	-0.65	0.97	0.96		0.98	0.97	0.95	0.15	-0.61	0.54	-0.42	0.93	0.86	0.47	0.38	0.0	-0.69	0.73	0.91	-0.02	-0.58	0.75	0.98	0.82	-0.47
Accounts Payable	0.96	-0.69	0.99	0.94	0.98		0.94	0.96	0.05	-0.52	0.61	-0.33	0.95	0.85	0.5	0.43	0.05	-0.67	0.75	0.89	-0.02	-0.48	0.73	0.96	0.81	-0.4
Cash	0.97	-0.7	0.95	0.95	0.97	0.94		0.87	0.09	-0.6	0.48	-0.54	0.95	0.89	0.41	0.3	0.05	-0.75	0.66	0.83	-0.11	-0.54	0.66	0.99	0.85	-0.6
Other Assets	0.91	-0.55	0.95	0.91	0.95	0.96	0.87		0.13	-0.5	0.66	-0.27	0.89	0.77	0.58	0.52	0.03	-0.59	0.79	0.89	-0.03	-0.51	0.71	0.89	0.72	-0.3
Long Term Debt	0.05	-0.07	0.0	0.14	0.15	0.05	0.09	0.13		-0.28	-0.14	-0.17	-0.03	0.15	0.19	0.05	-0.14	0.04	0.15	0.27	0.29	-0.35	0.32	0.05	0.04	-0.04
Net Receivables	-0.46	0.42	-0.47	-0.5	-0.61	-0.52	-0.6	-0.5	-0.28		-0.16	0.39	-0.4	-0.64	0.09	0.2	0.27	0.23	-0.45	-0.74	-0.09	0.65	-0.56	-0.6	-0.59	0.22
Inventory	0.6	-0.38	0.64	0.56	0.54	0.61	0.48	0.66	-0.14	-0.16		0.13	0.63	0.49	0.7	0.77	0.37	-0.09	0.33	0.63	-0.11	-0.37	0.34	0.5	0.64	-0.01
Other Current Assets	-0.39	0.3	-0.33	-0.33	-0.42	-0.33	-0.54	-0.27	-0.17	0.39	0.13		-0.42	-0.36	0.2	0.25	-0.09	0.41	-0.3	-0.27	0.34	0.2	-0.07	-0.48	-0.45	0.47
Total Liab	0.98	-0.73	0.96	0.93	0.93	0.95	0.95	0.89	-0.03	-0.4	0.63	-0.42		0.85	0.56	0.45	0.27	-0.74	0.61	0.77	-0.17	-0.46	0.59	0.95	0.82	-0.55
Intangible Assets	0.89	-0.76	0.86	0.89	0.86	0.85	0.89	0.77	0.15	-0.64	0.49	-0.36	0.85		0.48	0.29	0.02	-0.65	0.51	0.79	0.02	-0.55	0.66	0.9	0.82	-0.4
Common Stock	0.59	-0.32	0.55	0.62	0.47	0.5	0.41	0.58	0.19	0.09	0.7	0.2	0.56	0.48		0.89	0.29	-0.33	0.31	0.44	0.1	-0.27	0.45	0.42	0.4	-0.2
Property Plant Equipment	0.49	-0.06	0.5	0.52	0.38	0.43	0.3	0.52	0.05	0.2	0.77	0.25	0.45	0.29	0.89		0.15	-0.1	0.3	0.4	0.04	-0.24	0.31	0.3	0.36	-0.09
Other Liab	0.12	-0.42	0.04	-0.05	0.0	0.05	0.05	0.03	-0.14	0.27	0.37	-0.09	0.27	0.02	0.29	0.15		0.02	-0.19	-0.07	-0.19	0.01	-0.18	0.03	0.14	-0.07
Good Will	-0.75	0.48	-0.69	-0.73	-0.69	-0.67	-0.75	-0.59	0.04	0.23	-0.09	0.41	-0.74	-0.65	-0.33	-0.1	0.02		-0.38	-0.4	0.2	0.24	-0.48	-0.76	-0.5	0.56
Short Term Investments	0.64	-0.29	0.73	0.65	0.73	0.75	0.66	0.79	0.15	-0.45	0.33	-0.3	0.61	0.51	0.31	0.3	-0.19	-0.38		0.73	-0.09	-0.13	0.55	0.67	0.39	-0.35
Net Tangible Assets	0.82	-0.6	0.85	0.84	0.91	0.89	0.83	0.89	0.27	-0.74	0.63	-0.27	0.77	0.79	0.44	0.4	-0.07	-0.4	0.73		0.15	-0.63	0.82	0.85	0.82	-0.26
Other Stockholder Equity	-0.09	-0.23	-0.11	0.0	-0.02	-0.02	-0.11	-0.03	0.29	-0.09	-0.11	0.34	-0.17	0.02	0.1	0.04	-0.19	0.2	-0.09	0.15		-0.22	0.58	-0.1	0.04	0.31
Deferred Long Term Liab	-0.51	0.33	-0.48	-0.54	-0.58	-0.48	-0.54	-0.51	-0.35	0.65	-0.37	0.2	-0.46	-0.55	-0.27	-0.24	0.01	0.24	-0.13	-0.63	-0.22		-0.54	-0.52	-0.59	0.18
Long Term Investments	0.68	-0.61	0.66	0.74	0.75	0.73	0.66	0.71	0.32	-0.56	0.34	-0.07	0.59	0.66	0.45	0.31	-0.18	-0.48	0.55	0.82	0.58	-0.54		0.69	0.66	-0.2
Total Current Assets	0.97	-0.7	0.96	0.95	0.98	0.96	0.99	0.89	0.05	-0.6	0.5	-0.48	0.95	0.9	0.42	0.3	0.03	-0.76	0.67	0.85	-0.1	-0.52	0.69		0.85	-0.57
Non Current Assets Total	0.84	-0.73	0.8	0.81	0.82	0.81	0.85	0.72	0.04	-0.59	0.64	-0.45	0.82	0.82	0.4	0.36	0.14	-0.5	0.39	0.82	0.04	-0.59	0.66	0.85		-0.35
Non Currrent Assets Other	-0.54	0.26	-0.44	-0.52	-0.47	-0.4	-0.6	-0.3	-0.04	0.22	-0.01	0.47	-0.55	-0.4	-0.2	-0.09	-0.07	0.56	-0.35	-0.26	0.31	0.18	-0.2	-0.57	-0.35

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Zhejiang Qianjiang Account Relationship Matchups

Zhejiang Qianjiang fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	4.6B	5.1B	6.7B	8.5B	9.7B	10.2B
Other Current Liab	335.4M	352.4M	33.0M	16.0M	14.4M	13.7M
Total Current Liabilities	1.8B	2.0B	2.8B	2.9B	3.3B	3.5B
Total Stockholder Equity	2.7B	3.0B	3.5B	4.4B	5.1B	5.4B
Retained Earnings	812.9M	1.1B	1.2B	1.5B	1.8B	1.9B
Accounts Payable	1.3B	1.5B	2.2B	2.3B	2.7B	2.8B
Cash	1.1B	1.5B	2.8B	4.6B	5.3B	5.6B
Other Assets	120.1M	158.1M	141.2M	208.3M	239.6M	251.5M
Net Receivables	524.8M	487.8M	452.1M	380.6M	342.5M	654.3M
Inventory	927.0M	1.1B	1.3B	1.2B	1.4B	842.2M
Other Current Assets	152.4M	66.4M	80.9M	26.1M	30.0M	28.5M
Total Liab	1.9B	2.1B	3.2B	4.0B	4.6B	4.9B
Intangible Assets	122.9M	129.0M	363.0M	350.1M	402.6M	422.8M
Property Plant Equipment	884.6M	894.3M	907.4M	940.9M	1.1B	846.9M
Other Liab	128.2M	138.1M	97.0M	436.3M	392.6M	238.0M
Net Tangible Assets	2.6B	2.6B	2.9B	3.1B	3.6B	2.7B
Other Stockholder Equity	116.9M	102.4M	102.5M	100.9M	90.8M	88.6M
Deferred Long Term Liab	10.1M	16.2M	3.8M	4.2M	3.8M	6.5M
Total Current Assets	3.1B	3.3B	4.7B	6.3B	7.3B	7.6B
Non Current Assets Total	1.5B	1.8B	2.0B	2.1B	2.5B	1.9B
Non Currrent Assets Other	15.6M	64.8M	66.9M	5.4M	4.8M	4.6M
Non Current Liabilities Total	138.1M	123.9M	453.0M	1.1B	1.3B	1.4B
Non Current Liabilities Other	5.4M	17.5M	337.8M	964.9M	1.1B	1.2B
Net Invested Capital	2.7B	3.0B	3.5B	4.5B	5.1B	3.4B
Net Working Capital	1.3B	1.4B	2.0B	3.4B	3.9B	4.1B
Property Plant And Equipment Net	907.4M	940.9M	1.1B	1.3B	1.5B	1.1B
Property Plant And Equipment Gross	1.9B	1.8B	1.1B	2.2B	2.6B	1.9B

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

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Zhejiang Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

Zhejiang Qianjiang fundamental ratios Correlations

Zhejiang Qianjiang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Qianjiang fundamental ratios Accounts

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Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Cash
Total Current Liabilities	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Retained Earnings

Total Current Assets	- 0.76	Good Will
Intangible Assets	- 0.76	Other Current Liab
Good Will	- 0.75	Cash
Good Will	- 0.75	Total Assets
Good Will	- 0.74	Total Liab
Net Tangible Assets	- 0.74	Net Receivables