000970 Stock | | | 10.59 0.18 1.73% |
Beijing Zhong financial indicator trend analysis is way more than just evaluating Beijing Zhong Ke prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Zhong Ke is a good investment. Please check the relationship between Beijing Zhong Net Interest Income and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Zhong Ke. 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.
Net Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Zhong Ke Net Interest Income account and
Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Beijing Zhong's Net Interest Income and Operating Income is -0.31. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Beijing Zhong Ke, assuming nothing else is changed. The correlation between historical values of Beijing Zhong's Net Interest 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 Interest Income of Beijing Zhong Ke 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 Interest Income i.e., Beijing Zhong's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.31 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Operating Income
Operating Income is the amount of profit realized from Beijing Zhong Ke 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 Beijing Zhong Ke 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 Beijing Zhong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Zhong Ke 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 Beijing Zhong Ke. 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 250.5
M. The current year's
Tax Provision is expected to grow to about 133
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 688.8M | 1.2B | 444.6M | 438.8M | Total Revenue | 7.1B | 9.7B | 8.4B | 8.8B |
Beijing Zhong fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Zhong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Zhong fundamental ratios Accounts
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Zhong Ke at a specified time, usually calculated after every quarter, six months, or one year. Beijing Zhong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Zhong 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.