Tianjin Operating Income vs Selling General Administrative Analysis

001206 Stock   16.98  0.83  5.14%   
Tianjin Yiyi financial indicator trend analysis is much more than just breaking down Tianjin Yiyi Hygiene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Yiyi Hygiene is a good investment. Please check the relationship between Tianjin Yiyi Operating Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Yiyi Hygiene. 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.

Operating Income vs Selling General Administrative

Operating Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Yiyi Hygiene Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tianjin Yiyi's Operating Income and Selling General Administrative is 0.47. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Tianjin Yiyi Hygiene, assuming nothing else is changed. The correlation between historical values of Tianjin Yiyi's Operating Income and Selling General Administrative 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 Tianjin Yiyi Hygiene are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Tianjin Yiyi's Operating Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.47
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Tianjin Yiyi Hygiene 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 Tianjin Yiyi Hygiene 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.

Selling General Administrative

Most indicators from Tianjin Yiyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Yiyi Hygiene 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 Tianjin Yiyi Hygiene. 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 Selling General Administrative is expected to grow to about 36 M. The current year's Tax Provision is expected to grow to about 32.5 M
 2021 2022 2023 2024 (projected)
Interest Expense440.7K140.1K191.7K182.1K
Depreciation And Amortization37.1M35.3M40.6M32.4M

Tianjin Yiyi fundamental ratios Correlations

-0.830.310.571.00.99-0.940.950.890.960.990.610.930.94-0.510.98-0.670.940.511.0-0.830.720.92-0.680.980.86
-0.83-0.38-0.24-0.84-0.840.91-0.92-0.93-0.82-0.85-0.43-0.8-0.90.83-0.830.86-0.79-0.15-0.811.0-0.92-0.880.64-0.74-0.85
0.31-0.380.030.320.34-0.220.390.450.330.330.570.040.22-0.170.44-0.370.04-0.030.3-0.390.440.290.350.210.29
0.57-0.240.030.550.59-0.40.440.530.380.570.690.570.42-0.260.56-0.20.620.990.55-0.250.280.34-0.510.580.52
1.0-0.840.320.550.99-0.950.950.890.970.990.60.930.94-0.510.98-0.670.930.491.0-0.840.720.93-0.680.980.86
0.99-0.840.340.590.99-0.920.970.920.931.00.60.90.94-0.530.98-0.670.910.540.97-0.840.730.91-0.670.960.93
-0.940.91-0.22-0.4-0.95-0.92-0.93-0.87-0.96-0.93-0.41-0.96-0.930.65-0.930.75-0.95-0.35-0.940.91-0.79-0.930.79-0.89-0.82
0.95-0.920.390.440.950.97-0.930.950.90.980.50.850.97-0.650.94-0.790.860.370.92-0.930.830.94-0.650.90.96
0.89-0.930.450.530.890.92-0.870.950.80.920.680.810.9-0.770.89-0.780.820.440.87-0.940.870.85-0.610.820.91
0.96-0.820.330.380.970.93-0.960.90.80.930.470.910.9-0.430.96-0.660.90.340.97-0.820.680.92-0.640.940.76
0.99-0.850.330.570.991.0-0.930.980.920.930.580.90.96-0.540.97-0.690.910.510.97-0.850.740.92-0.680.960.93
0.61-0.430.570.690.60.6-0.410.50.680.470.580.450.42-0.30.62-0.250.480.640.62-0.430.40.38-0.130.580.47
0.93-0.80.040.570.930.9-0.960.850.810.910.90.450.88-0.580.9-0.641.00.530.94-0.80.680.86-0.880.910.77
0.94-0.90.220.420.940.94-0.930.970.90.90.960.420.88-0.640.89-0.80.880.350.92-0.90.820.98-0.720.920.91
-0.510.83-0.17-0.26-0.51-0.530.65-0.65-0.77-0.43-0.54-0.3-0.58-0.64-0.510.83-0.58-0.17-0.480.83-0.89-0.610.63-0.38-0.64
0.98-0.830.440.560.980.98-0.930.940.890.960.970.620.90.89-0.51-0.680.910.510.97-0.830.730.89-0.630.940.85
-0.670.86-0.37-0.2-0.67-0.670.75-0.79-0.78-0.66-0.69-0.25-0.64-0.80.83-0.68-0.62-0.1-0.640.86-0.98-0.850.53-0.57-0.7
0.94-0.790.040.620.930.91-0.950.860.820.90.910.481.00.88-0.580.91-0.620.580.94-0.790.670.85-0.880.920.79
0.51-0.15-0.030.990.490.54-0.350.370.440.340.510.640.530.35-0.170.51-0.10.580.5-0.160.180.27-0.50.530.45
1.0-0.810.30.551.00.97-0.940.920.870.970.970.620.940.92-0.480.97-0.640.940.5-0.810.690.91-0.670.980.81
-0.831.0-0.39-0.25-0.84-0.840.91-0.93-0.94-0.82-0.85-0.43-0.8-0.90.83-0.830.86-0.79-0.16-0.81-0.92-0.880.64-0.74-0.85
0.72-0.920.440.280.720.73-0.790.830.870.680.740.40.680.82-0.890.73-0.980.670.180.69-0.920.85-0.550.610.75
0.92-0.880.290.340.930.91-0.930.940.850.920.920.380.860.98-0.610.89-0.850.850.270.91-0.880.85-0.660.90.83
-0.680.640.35-0.51-0.68-0.670.79-0.65-0.61-0.64-0.68-0.13-0.88-0.720.63-0.630.53-0.88-0.5-0.670.64-0.55-0.66-0.66-0.64
0.98-0.740.210.580.980.96-0.890.90.820.940.960.580.910.92-0.380.94-0.570.920.530.98-0.740.610.9-0.660.81
0.86-0.850.290.520.860.93-0.820.960.910.760.930.470.770.91-0.640.85-0.70.790.450.81-0.850.750.83-0.640.81
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Tianjin Yiyi Account Relationship Matchups

Tianjin Yiyi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets685.1M912.3M2.0B2.0B2.0B1.3B
Short Long Term Debt Total83.4M2.0M5.8M1.7M1.6M1.5M
Other Current Liab32.2M35.8M41.0M45.6M48.4K46.0K
Total Current Liabilities150.7M183.5M224.7M188.5M191.4M206.5M
Total Stockholder Equity517.8M712.3M1.7B1.8B1.8B1.1B
Property Plant And Equipment Net190.2M407.8M617.6M632.6M608.4M440.1M
Net Debt(110.2M)(55.8M)(212.8M)(344.3M)(309.9M)(294.4M)
Retained Earnings160.8M343.2M370.4M438.8M420.1M290.6M
Accounts Payable116.5M147.7M179.7M142.3M143.2M140.3M
Cash112.3M55.8M218.6M346.0M269.6M163.7M
Non Current Assets Total249.7M513.3M753.7M798.5M783.9M554.7M
Non Currrent Assets Other4.9M50.2M504.9M106.1M15.0M14.2M
Cash And Short Term Investments177.5M57.3M686.2M724.7M833.4M875.0M
Common Stock Shares Outstanding61.7M99.0M118.8M132.1M184.9M102.9M
Liabilities And Stockholders Equity685.1M912.3M2.0B2.0B2.3B1.2B
Non Current Liabilities Total16.7M16.5M17.5M20.3M18.6M14.9M
Inventory86.2M108.1M172.9M195.7M148.8M134.4M
Other Current Assets6.9M10.0M51.4M10.9M13.0M12.4M
Other Stockholder Equity286.2M298.3M1.3B1.2B1.4B1.5B
Total Liab167.3M200.0M242.2M208.9M210.0M226.9M
Total Current Assets435.5M399.0M1.2B1.2B1.2B779.9M
Short Term Debt83.4M2.0M4.1M613.5K552.1K524.5K
Intangible Assets52.0M52.0M50.8M49.6M48.4M51.9M

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Other Information on Investing in Tianjin Stock

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