Xiangtan Net Interest Income vs Net Income Analysis

002125 Stock

11.59 0.02 0.17%

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

Net Interest Income vs Net Income Correlation Analysis

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

The correlation between Xiangtan Electrochemical's Net Interest Income and Net Income is -0.51. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income in the same time period over historical financial statements of Xiangtan Electrochemical Scientific, assuming nothing else is changed. The correlation between historical values of Xiangtan Electrochemical's Net Interest Income and Net 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 Xiangtan Electrochemical Scientific are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Xiangtan Electrochemical's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

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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.

Net Income

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

Most indicators from Xiangtan Electrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangtan Electrochemical 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 Xiangtan Electrochemical Scientific. 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 57.8 M. The current year's Tax Provision is expected to grow to about 48.1 M

	2021	2022	2023	2024 (projected)
Operating Income	221.1M	323.1M	280.9M	294.9M
Total Revenue	1.9B	2.1B	2.2B	2.3B

Operating Income Total Revenue

Xiangtan Electrochemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.21	0.74	0.97	0.86	0.62	0.51	0.86	0.79	-0.44	0.78	0.66	0.83	0.97	0.96	0.98	0.31	0.44	0.8	0.11	0.68	0.83	0.53	0.93	0.13	0.84
Other Current Liab	0.21		0.22	0.16	0.25	0.33	-0.17	0.22	0.44	-0.04	0.27	0.43	0.27	0.16	0.12	0.15	0.02	0.0	0.29	-0.11	-0.05	0.12	0.37	0.25	-0.37	0.42
Total Current Liabilities	0.74	0.22		0.57	0.37	0.86	0.21	0.48	0.93	-0.52	0.91	0.68	0.95	0.74	0.71	0.72	0.45	0.47	0.51	0.24	0.76	0.84	0.34	0.71	0.15	0.55
Total Stockholder Equity	0.97	0.16	0.57		0.92	0.42	0.5	0.85	0.67	-0.35	0.66	0.56	0.69	0.93	0.96	0.96	0.24	0.37	0.83	0.08	0.59	0.76	0.52	0.91	0.15	0.83
Retained Earnings	0.86	0.25	0.37	0.92		0.28	0.39	0.85	0.5	-0.19	0.49	0.53	0.51	0.78	0.83	0.86	0.13	0.07	0.84	-0.11	0.41	0.6	0.68	0.88	-0.04	0.87
Accounts Payable	0.62	0.33	0.86	0.42	0.28		0.37	0.56	0.78	-0.52	0.77	0.7	0.87	0.6	0.5	0.56	0.46	0.5	0.35	0.2	0.51	0.59	0.36	0.52	-0.05	0.5
Cash	0.51	-0.17	0.21	0.5	0.39	0.37		0.65	0.2	-0.37	0.13	0.07	0.36	0.49	0.38	0.44	0.2	0.49	0.25	-0.12	0.12	0.13	0.22	0.28	-0.13	0.28
Long Term Debt	0.86	0.22	0.48	0.85	0.85	0.56	0.65		0.55	-0.35	0.56	0.59	0.65	0.78	0.75	0.8	0.31	0.26	0.76	-0.2	0.35	0.52	0.71	0.79	0.02	0.85
Net Receivables	0.79	0.44	0.93	0.67	0.5	0.78	0.2	0.55		-0.54	0.89	0.68	0.94	0.77	0.75	0.77	0.51	0.44	0.68	0.23	0.64	0.85	0.42	0.79	0.06	0.69
Short Term Investments	-0.44	-0.04	-0.52	-0.35	-0.19	-0.52	-0.37	-0.35	-0.54		-0.46	-0.21	-0.49	-0.37	-0.38	-0.43	-0.61	-0.41	-0.19	-0.17	-0.29	-0.3	-0.02	-0.25	-0.07	-0.2
Inventory	0.78	0.27	0.91	0.66	0.49	0.77	0.13	0.56	0.89	-0.46		0.82	0.91	0.74	0.77	0.74	0.41	0.36	0.68	0.16	0.66	0.83	0.51	0.79	0.35	0.68
Other Current Assets	0.66	0.43	0.68	0.56	0.53	0.7	0.07	0.59	0.68	-0.21	0.82		0.75	0.63	0.6	0.6	0.18	0.16	0.61	0.16	0.53	0.68	0.57	0.7	0.11	0.77
Total Liab	0.83	0.27	0.95	0.69	0.51	0.87	0.36	0.65	0.94	-0.49	0.91	0.75		0.83	0.76	0.79	0.42	0.53	0.67	0.18	0.69	0.86	0.47	0.81	0.14	0.72
Intangible Assets	0.97	0.16	0.74	0.93	0.78	0.6	0.49	0.78	0.77	-0.37	0.74	0.63	0.83		0.95	0.97	0.25	0.54	0.72	0.19	0.79	0.87	0.38	0.89	0.19	0.79
Common Stock	0.96	0.12	0.71	0.96	0.83	0.5	0.38	0.75	0.75	-0.38	0.77	0.6	0.76	0.95		0.97	0.3	0.42	0.79	0.13	0.75	0.85	0.45	0.92	0.27	0.77
Property Plant Equipment	0.98	0.15	0.72	0.96	0.86	0.56	0.44	0.8	0.77	-0.43	0.74	0.6	0.79	0.97	0.97		0.3	0.41	0.77	0.17	0.75	0.86	0.45	0.93	0.14	0.81
Other Liab	0.31	0.02	0.45	0.24	0.13	0.46	0.2	0.31	0.51	-0.61	0.41	0.18	0.42	0.25	0.3	0.3		0.22	0.23	0.22	0.23	0.31	0.03	0.24	0.01	0.21
Other Assets	0.44	0.0	0.47	0.37	0.07	0.5	0.49	0.26	0.44	-0.41	0.36	0.16	0.53	0.54	0.42	0.41	0.22		0.16	0.35	0.41	0.39	-0.22	0.21	0.19	0.13
Net Tangible Assets	0.8	0.29	0.51	0.83	0.84	0.35	0.25	0.76	0.68	-0.19	0.68	0.61	0.67	0.72	0.79	0.77	0.23	0.16		-0.12	0.34	0.7	0.77	0.91	0.19	0.91
Other Stockholder Equity	0.11	-0.11	0.24	0.08	-0.11	0.2	-0.12	-0.2	0.23	-0.17	0.16	0.16	0.18	0.19	0.13	0.17	0.22	0.35	-0.12		0.4	0.39	-0.51	0.01	-0.07	-0.09
Deferred Long Term Liab	0.68	-0.05	0.76	0.59	0.41	0.51	0.12	0.35	0.64	-0.29	0.66	0.53	0.69	0.79	0.75	0.75	0.23	0.41	0.34	0.4		0.87	-0.01	0.65	0.28	0.46
Long Term Investments	0.83	0.12	0.84	0.76	0.6	0.59	0.13	0.52	0.85	-0.3	0.83	0.68	0.86	0.87	0.85	0.86	0.31	0.39	0.7	0.39	0.87		0.3	0.87	0.26	0.72
Total Current Assets	0.53	0.37	0.34	0.52	0.68	0.36	0.22	0.71	0.42	-0.02	0.51	0.57	0.47	0.38	0.45	0.45	0.03	-0.22	0.77	-0.51	-0.01	0.3		0.67	-0.04	0.75
Non Current Assets Total	0.93	0.25	0.71	0.91	0.88	0.52	0.28	0.79	0.79	-0.25	0.79	0.7	0.81	0.89	0.92	0.93	0.24	0.21	0.91	0.01	0.65	0.87	0.67		0.16	0.92
Non Currrent Assets Other	0.13	-0.37	0.15	0.15	-0.04	-0.05	-0.13	0.02	0.06	-0.07	0.35	0.11	0.14	0.19	0.27	0.14	0.01	0.19	0.19	-0.07	0.28	0.26	-0.04	0.16		0.05
Non Current Liabilities Total	0.84	0.42	0.55	0.83	0.87	0.5	0.28	0.85	0.69	-0.2	0.68	0.77	0.72	0.79	0.77	0.81	0.21	0.13	0.91	-0.09	0.46	0.72	0.75	0.92	0.05

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Xiangtan Electrochemical Account Relationship Matchups

Xiangtan Electrochemical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.6B	3.7B	4.5B	5.1B	5.0B	5.3B
Other Current Liab	62.5M	24.9M	131.1M	188.2M	72.1M	73.9M
Total Current Liabilities	2.0B	1.4B	1.9B	1.7B	1.3B	957.9M
Total Stockholder Equity	1.2B	1.8B	2.0B	2.4B	2.8B	2.9B
Retained Earnings	183.1M	208.4M	433.5M	796.2M	982.7M	1.0B
Accounts Payable	661.1M	375.3M	572.0M	770.2M	365.6M	349.6M
Cash	295.0M	185.3M	229.2M	284.7M	480.6M	504.6M
Long Term Debt	298.7M	388.1M	404.8M	897.1M	768.2M	806.6M
Net Receivables	336.6M	279.4M	434.1M	412.0M	352.6M	219.2M
Inventory	494.6M	532.3M	572.3M	645.9M	375.5M	275.7M
Other Current Assets	80.2M	54.6M	42.8M	157.7M	46.5M	36.3M
Total Liab	2.4B	1.9B	2.4B	2.7B	2.2B	1.2B
Intangible Assets	201.4M	218.3M	218.9M	267.6M	269.3M	282.8M
Property Plant Equipment	1.8B	1.8B	2.1B	2.2B	2.6B	2.7B
Other Liab	41.0M	38.5M	40.8M	43.0M	49.4M	31.3M
Other Assets	175.6M	200.3M	161.2M	138.3M	159.1M	125.1M
Net Tangible Assets	997.4M	1.6B	1.8B	2.1B	2.4B	1.4B
Other Stockholder Equity	342.6K	257.0K	138.6K	128.6K	115.7K	110.0K
Deferred Long Term Liab	3.0M	3.7M	2.7M	1.6M	1.9M	2.2M
Total Current Assets	1.2B	1.2B	1.6B	2.0B	1.7B	1.4B
Non Current Assets Total	2.4B	2.5B	2.8B	3.1B	3.3B	2.7B
Non Currrent Assets Other	19.9M	2.0B	105.1M	78.3M	36.5M	34.7M
Non Current Liabilities Total	397.0M	477.3M	518.8M	1.0B	885.7M	595.9M
Short Long Term Debt	942.7M	852.0M	877.9M	500.3M	514.4M	722.8M
Net Debt	946.3M	1.1B	1.1B	1.1B	802.0M	982.1M
Net Invested Capital	2.4B	3.0B	3.3B	3.8B	4.1B	3.2B
Net Working Capital	(749.3M)	(206.4M)	(279.8M)	297.8M	396.5M	416.4M

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Other Information on Investing in Xiangtan Stock

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

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Xiangtan Net Interest Income vs Net Income Analysis

Net Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

Correlation Coefficient

Net Interest Income

Net Income

Xiangtan Electrochemical fundamental ratios Correlations

Xiangtan Electrochemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Xiangtan Electrochemical fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Property Plant Equipment	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.97	Total Assets
Intangible Assets	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Intangible Assets
Property Plant Equipment	+ 0.97	Common Stock
Common Stock	+ 0.96	Total Assets

Other Liab	- 0.61	Short Term Investments
Short Term Investments	- 0.54	Net Receivables
Short Term Investments	- 0.52	Accounts Payable
Short Term Investments	- 0.52	Total Current Liabilities
Total Current Assets	- 0.51	Other Stockholder Equity
Total Liab	- 0.49	Short Term Investments