Zhejiang Net Interest Income vs Total Revenue Analysis

002126 Stock   17.90  0.42  2.29%   
Zhejiang Yinlun financial indicator trend analysis is more than just analyzing Zhejiang Yinlun Machinery current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Yinlun Machinery is a good investment. Please check the relationship between Zhejiang Yinlun Net Interest Income and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Yinlun Machinery. 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 Total Revenue

Net Interest Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Yinlun Machinery Net Interest Income account and Total Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Zhejiang Yinlun's Net Interest Income and Total Revenue is -0.94. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Zhejiang Yinlun Machinery, assuming nothing else is changed. The correlation between historical values of Zhejiang Yinlun's Net Interest Income and Total Revenue 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 Zhejiang Yinlun Machinery are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Interest Income i.e., Zhejiang Yinlun's Net Interest Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.94
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Total Revenue

Total revenue comprises all receipts Zhejiang Yinlun Machinery generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Zhejiang Yinlun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Yinlun Machinery 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 Yinlun Machinery. 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 Tax Provision is expected to grow to about 92.3 M, whereas Selling General Administrative is forecasted to decline to about 317.6 M.
 2021 2022 2023 2024 (projected)
Operating Income482.7M561.2M1.0B1.1B
Total Revenue7.8B8.5B11.0B11.6B

Zhejiang Yinlun fundamental ratios Correlations

0.990.580.990.980.981.00.720.960.990.990.890.990.80.720.941.00.620.830.990.140.540.991.00.970.66
0.990.60.990.940.960.980.680.940.970.990.930.970.790.770.960.980.590.870.990.050.441.00.990.960.56
0.580.60.580.540.520.59-0.120.710.560.580.410.590.520.460.480.560.40.520.640.10.330.590.570.570.38
0.990.990.580.960.970.980.710.940.981.00.910.980.810.70.961.00.620.820.990.080.471.01.00.980.6
0.980.940.540.960.960.970.730.940.990.950.810.990.770.650.870.970.590.760.960.270.670.950.970.940.77
0.980.960.520.970.960.970.740.930.980.980.870.970.860.710.950.980.720.820.970.030.50.970.980.940.66
1.00.980.590.980.970.970.710.960.990.990.890.990.780.770.930.990.590.870.990.130.520.990.990.940.65
0.720.68-0.120.710.730.740.710.560.740.720.720.710.50.530.720.740.380.60.670.070.350.710.730.660.49
0.960.940.710.940.940.930.960.560.950.950.760.960.860.740.860.940.70.830.960.190.540.950.950.910.7
0.990.970.560.980.990.980.990.740.950.980.860.990.80.680.920.990.630.80.980.140.560.980.990.960.71
0.990.990.581.00.950.980.990.720.950.980.910.980.820.740.961.00.630.850.990.050.451.01.00.960.6
0.890.930.410.910.810.870.890.720.760.860.910.850.620.70.950.90.410.810.9-0.10.280.920.910.90.32
0.990.970.590.980.990.970.990.710.960.990.980.850.790.730.90.980.60.830.980.190.580.980.980.940.72
0.80.790.520.810.770.860.780.50.860.80.820.620.790.60.830.810.950.680.81-0.120.370.810.810.770.58
0.720.770.460.70.650.710.770.530.740.680.740.70.730.60.720.710.440.980.76-0.150.170.750.710.570.35
0.940.960.480.960.870.950.930.720.860.920.960.950.90.830.720.950.660.830.95-0.140.330.960.960.940.45
1.00.980.561.00.970.980.990.740.940.991.00.90.980.810.710.950.620.820.990.090.50.991.00.970.64
0.620.590.40.620.590.720.590.380.70.630.630.410.60.950.440.660.620.510.61-0.240.260.620.620.580.53
0.830.870.520.820.760.820.870.60.830.80.850.810.830.680.980.830.820.510.86-0.120.250.860.830.710.41
0.990.990.640.990.960.970.990.670.960.980.990.90.980.810.760.950.990.610.860.090.491.00.990.960.61
0.140.050.10.080.270.030.130.070.190.140.05-0.10.19-0.12-0.15-0.140.09-0.24-0.120.090.70.050.10.140.48
0.540.440.330.470.670.50.520.350.540.560.450.280.580.370.170.330.50.260.250.490.70.450.510.510.8
0.991.00.591.00.950.970.990.710.950.981.00.920.980.810.750.960.990.620.861.00.050.451.00.960.59
1.00.990.571.00.970.980.990.730.950.991.00.910.980.810.710.961.00.620.830.990.10.511.00.970.62
0.970.960.570.980.940.940.940.660.910.960.960.90.940.770.570.940.970.580.710.960.140.510.960.970.58
0.660.560.380.60.770.660.650.490.70.710.60.320.720.580.350.450.640.530.410.610.480.80.590.620.58
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Zhejiang Yinlun Account Relationship Matchups

Zhejiang Yinlun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4B9.9B12.0B13.5B16.2B17.0B
Short Long Term Debt Total1.4B1.6B2.4B2.8B3.4B3.6B
Other Current Liab34.0M2.6M41.8M562.7M154.5M162.2M
Total Current Liabilities4.0B5.1B6.0B7.1B8.7B9.2B
Total Stockholder Equity3.7B3.9B4.4B4.7B5.5B5.7B
Other Liab101.0M171.1M175.4M219.4M252.4M265.0M
Property Plant And Equipment Net2.2B2.4B3.1B3.6B4.3B4.5B
Current Deferred Revenue287.5M477.6M409.5M34.0M516.9M542.7M
Net Debt781.8M811.5M1.5B1.8B1.5B1.6B
Retained Earnings1.8B2.0B2.2B2.5B3.0B3.1B
Accounts Payable2.5B3.2B4.0B4.7B5.7B6.0B
Cash604.6M797.9M934.1M972.2M1.9B2.0B
Non Current Assets Total3.6B3.9B4.8B5.5B6.2B6.6B
Non Currrent Assets Other535.4M440.6M1.0B808.4M508.9M534.4M
Long Term Debt212.2M202.4M828.0M822.6M926.4M972.7M
Cash And Short Term Investments1.0B1.1B1.7B1.5B2.1B2.2B
Net Receivables2.8B3.7B4.0B4.6B5.6B5.9B
Short Term Investments418.9M327.7M734.0M529.4M209.4M153.2M
Liabilities And Stockholders Equity8.4B9.9B12.0B13.5B16.2B17.0B
Non Current Liabilities Total382.6M377.8M1.1B1.1B1.3B1.4B
Inventory966.1M1.0B1.5B1.9B2.1B2.2B
Other Current Assets23.0M55.7M89.5M57.5M100.0M91.8M
Other Stockholder Equity916.1M913.0M966.5M980.8M1.1B681.3M
Total Liab4.3B5.5B7.1B8.3B10.1B10.6B
Total Current Assets4.8B6.0B7.2B8.0B9.9B10.4B
Short Term Debt1.2B1.4B1.6B1.8B2.4B2.5B
Property Plant Equipment2.2B2.4B3.1B3.6B4.2B4.4B
Intangible Assets455.6M485.4M471.4M767.2M766.3M804.6M
Good Will226.1M194.7M165.9M176.8M179.0M120.3M
Net Tangible Assets3.0B3.3B3.8B3.7B4.3B3.2B
Deferred Long Term Liab19.5M21.4M26.4M25.0M28.7M16.8M
Short Long Term Debt1.2B1.4B1.5B1.6B2.1B1.3B
Non Current Liabilities Other211.5M15.5M35.8M55.9M80.9M141.3M
Net Invested Capital5.1B5.5B6.7B7.1B8.5B6.6B
Net Working Capital838.3M848.0M1.2B859.3M1.2B1.0B

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Other Information on Investing in Zhejiang Stock

Balance Sheet is a snapshot of the financial position of Zhejiang Yinlun Machinery at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Yinlun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Yinlun 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.