Zhongshan Net Interest Income vs Gross Profit Analysis

002249 Stock

5.41 0.08 1.46%

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

Net Interest Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhongshan Broad Ocean Net Interest Income account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.

The correlation between Zhongshan Broad's Net Interest Income and Gross Profit is 0.35. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Zhongshan Broad Ocean Motor, assuming nothing else is changed. The correlation between historical values of Zhongshan Broad's Net Interest Income and Gross Profit 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 Zhongshan Broad Ocean Motor are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Interest Income i.e., Zhongshan Broad's Net Interest Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.35

Relationship Direction	Positive
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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Zhongshan Broad Ocean Motor minus its cost of goods sold. It is profit before Zhongshan Broad operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Zhongshan Broad's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhongshan Broad Ocean 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 Zhongshan Broad Ocean Motor. 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 1.1 B, whereas Tax Provision is forecasted to decline to about 100.1 M.

	2021	2022	2023	2024 (projected)
Operating Income	570.7M	792.2M	863.5M	906.6M
Total Revenue	10.0B	10.9B	11.3B	5.7B

Operating Income Total Revenue

Zhongshan Broad fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total
Total Assets		0.39	0.98	0.98	-0.1	0.86	0.73	0.83	0.9	0.1	0.9	0.63	0.98	0.73	0.9	0.98	0.86	0.46	0.47	0.82	0.08	0.67	0.93	0.86	0.88	-0.48
Other Current Liab	0.39		0.32	0.36	-0.33	0.1	0.18	0.21	0.55	-0.53	0.44	0.82	0.4	0.53	0.22	0.46	0.21	0.64	0.23	0.11	0.6	0.19	0.3	0.17	0.44	-0.12
Total Current Liabilities	0.98	0.32		0.94	-0.14	0.88	0.72	0.82	0.9	0.14	0.9	0.58	0.99	0.7	0.9	0.96	0.86	0.44	0.38	0.81	0.0	0.62	0.9	0.87	0.86	-0.51
Total Stockholder Equity	0.98	0.36	0.94		0.03	0.82	0.77	0.81	0.82	0.12	0.87	0.56	0.91	0.7	0.88	0.93	0.83	0.32	0.5	0.84	0.07	0.7	0.91	0.84	0.84	-0.47
Retained Earnings	-0.1	-0.33	-0.14	0.03		-0.17	0.18	-0.27	-0.23	0.09	-0.26	-0.29	-0.25	-0.18	-0.15	-0.2	-0.28	-0.59	0.37	-0.13	-0.37	0.29	-0.17	-0.18	-0.37	0.4
Accounts Payable	0.86	0.1	0.88	0.82	-0.17		0.69	0.95	0.76	0.4	0.84	0.42	0.86	0.59	0.95	0.8	0.97	0.27	0.22	0.88	-0.2	0.47	0.9	0.95	0.85	-0.75
Cash	0.73	0.18	0.72	0.77	0.18	0.69		0.71	0.52	0.09	0.77	0.24	0.66	0.27	0.67	0.65	0.64	-0.05	0.08	0.79	-0.27	0.4	0.64	0.76	0.65	-0.59
Other Assets	0.83	0.21	0.82	0.81	-0.27	0.95	0.71		0.71	0.29	0.85	0.43	0.82	0.52	0.92	0.78	0.97	0.31	0.14	0.92	-0.01	0.34	0.91	0.95	0.92	-0.78
Net Receivables	0.9	0.55	0.9	0.82	-0.23	0.76	0.52	0.71		-0.06	0.82	0.81	0.93	0.74	0.8	0.91	0.74	0.66	0.5	0.6	0.17	0.61	0.84	0.75	0.82	-0.39
Short Term Investments	0.1	-0.53	0.14	0.12	0.09	0.4	0.09	0.29	-0.06		0.13	-0.36	0.1	0.3	0.24	0.04	0.32	-0.28	-0.23	0.3	-0.41	-0.11	0.14	0.26	0.07	-0.3
Inventory	0.9	0.44	0.9	0.87	-0.26	0.84	0.77	0.85	0.82	0.13		0.51	0.89	0.69	0.82	0.85	0.86	0.32	0.11	0.86	0.09	0.41	0.82	0.88	0.92	-0.74
Other Current Assets	0.63	0.82	0.58	0.56	-0.29	0.42	0.24	0.43	0.81	-0.36	0.51		0.66	0.65	0.55	0.7	0.46	0.81	0.55	0.24	0.34	0.53	0.58	0.42	0.57	-0.16
Total Liab	0.98	0.4	0.99	0.91	-0.25	0.86	0.66	0.82	0.93	0.1	0.89	0.66		0.73	0.89	0.97	0.86	0.56	0.38	0.78	0.07	0.59	0.91	0.86	0.89	-0.51
Intangible Assets	0.73	0.53	0.7	0.7	-0.18	0.59	0.27	0.52	0.74	0.3	0.69	0.65	0.73		0.63	0.75	0.63	0.52	0.36	0.46	0.28	0.44	0.62	0.52	0.64	-0.31
Common Stock	0.9	0.22	0.9	0.88	-0.15	0.95	0.67	0.92	0.8	0.24	0.82	0.55	0.89	0.63		0.89	0.96	0.35	0.36	0.83	-0.02	0.54	0.9	0.87	0.83	-0.64
Property Plant Equipment	0.98	0.46	0.96	0.93	-0.2	0.8	0.65	0.78	0.91	0.04	0.85	0.7	0.97	0.75	0.89		0.82	0.55	0.45	0.73	0.16	0.63	0.87	0.77	0.82	-0.42
Other Liab	0.86	0.21	0.86	0.83	-0.28	0.97	0.64	0.97	0.74	0.32	0.86	0.46	0.86	0.63	0.96	0.82		0.31	0.18	0.91	-0.01	0.4	0.9	0.93	0.89	-0.78
Long Term Debt	0.46	0.64	0.44	0.32	-0.59	0.27	-0.05	0.31	0.66	-0.28	0.32	0.81	0.56	0.52	0.35	0.55	0.31		0.37	0.07	0.44	0.26	0.46	0.27	0.5	0.0
Good Will	0.47	0.23	0.38	0.5	0.37	0.22	0.08	0.14	0.5	-0.23	0.11	0.55	0.38	0.36	0.36	0.45	0.18	0.37		0.08	0.14	0.84	0.47	0.2	0.22	0.32
Net Tangible Assets	0.82	0.11	0.81	0.84	-0.13	0.88	0.79	0.92	0.6	0.3	0.86	0.24	0.78	0.46	0.83	0.73	0.91	0.07	0.08		-0.1	0.39	0.87	0.94	0.86	-0.78
Other Stockholder Equity	0.08	0.6	0.0	0.07	-0.37	-0.2	-0.27	-0.01	0.17	-0.41	0.09	0.34	0.07	0.28	-0.02	0.16	-0.01	0.44	0.14	-0.1		-0.17	0.07	-0.19	0.18	0.22
Deferred Long Term Liab	0.67	0.19	0.62	0.7	0.29	0.47	0.4	0.34	0.61	-0.11	0.41	0.53	0.59	0.44	0.54	0.63	0.4	0.26	0.84	0.39	-0.17		0.61	0.49	0.41	-0.05
Long Term Investments	0.93	0.3	0.9	0.91	-0.17	0.9	0.64	0.91	0.84	0.14	0.82	0.58	0.91	0.62	0.9	0.87	0.9	0.46	0.47	0.87	0.07	0.61		0.93	0.93	-0.55
Total Current Assets	0.86	0.17	0.87	0.84	-0.18	0.95	0.76	0.95	0.75	0.26	0.88	0.42	0.86	0.52	0.87	0.77	0.93	0.27	0.2	0.94	-0.19	0.49	0.93		0.92	-0.78
Treasury Stock	0.88	0.44	0.86	0.84	-0.37	0.85	0.65	0.92	0.82	0.07	0.92	0.57	0.89	0.64	0.83	0.82	0.89	0.5	0.22	0.86	0.18	0.41	0.93	0.92		-0.7
Non Current Assets Total	-0.48	-0.12	-0.51	-0.47	0.4	-0.75	-0.59	-0.78	-0.39	-0.3	-0.74	-0.16	-0.51	-0.31	-0.64	-0.42	-0.78	0.0	0.32	-0.78	0.22	-0.05	-0.55	-0.78	-0.7

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Zhongshan Broad Account Relationship Matchups

Zhongshan Broad fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.8B	13.9B	15.2B	15.2B	16.1B	8.9B
Other Current Liab	401.0M	472.2M	370.1M	40.4M	33.1M	31.5M
Total Current Liabilities	4.9B	4.3B	5.9B	5.7B	6.3B	3.2B
Total Stockholder Equity	7.1B	8.5B	8.1B	8.3B	8.7B	4.8B
Retained Earnings	(1.3B)	506.5M	547.2M	216.8M	416.7M	245.5M
Accounts Payable	3.6B	3.5B	5.0B	4.7B	5.2B	5.4B
Cash	1.1B	2.5B	2.8B	2.5B	2.5B	1.4B
Other Assets	620.8M	673.2M	728.0M	686.4M	789.4M	828.8M
Net Receivables	3.5B	2.0B	4.2B	2.3B	2.7B	1.9B
Short Term Investments	100.2M	25.4M	73.9M	441M	548.7M	576.1M
Inventory	2.3B	2.3B	2.9B	2.4B	2.0B	1.3B
Other Current Assets	502.2M	479.7M	531.4M	105.3M	169.1M	309.8M
Total Liab	6.5B	5.2B	7.0B	6.8B	7.3B	3.9B
Intangible Assets	779.4M	697.7M	599.6M	545.7M	447.0M	389.6M
Property Plant Equipment	2.7B	2.5B	2.2B	2.2B	2.6B	1.4B
Other Liab	799.3M	874.9M	892.2M	849.5M	976.9M	1.0B
Long Term Debt	755.3M	26.9M	9.6M	15.7M	39.5M	37.5M
Good Will	1.1B	926.6M	838.6M	803.6M	790.1M	1.1B
Net Tangible Assets	4.4B	5.4B	7.0B	6.6B	7.6B	5.5B
Other Stockholder Equity	73.2M	745.9M	312.7M	(188.7M)	(217.0M)	(206.1M)
Deferred Long Term Liab	67.2M	50.1M	59.8M	73.4M	66.0M	56.6M
Total Current Assets	7.5B	8.5B	10.5B	9.8B	9.9B	9.1B
Non Current Assets Total	6.2B	5.3B	4.7B	5.4B	6.2B	5.0B
Non Currrent Assets Other	123.4M	103.3M	96.7M	122.3M	108.4M	84.3M
Non Current Liabilities Total	1.6B	919.5M	1.1B	1.1B	993.8M	1.0B
Short Long Term Debt	197.9M	17.7M	31.9M	59.3M	25M	23.8M
Non Current Liabilities Other	302.6M	318.5M	346.2M	371.6M	428.5M	347.0M
Net Invested Capital	8.1B	8.6B	8.1B	8.4B	8.8B	7.0B
Net Working Capital	2.7B	4.2B	4.6B	4.1B	3.5B	3.9B

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Other Information on Investing in Zhongshan Stock

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

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Zhongshan Net Interest Income vs Gross Profit Analysis

Net Interest Income vs Gross Profit

Net Interest Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Interest Income

Gross Profit

Zhongshan Broad fundamental ratios Correlations

Zhongshan Broad Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhongshan Broad fundamental ratios Accounts

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Other Information on Investing in Zhongshan Stock

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Total Liab	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Assets
Other Liab	+ 0.97	Accounts Payable

Non Current Assets Total	- 0.78	Total Current Assets
Non Current Assets Total	- 0.78	Net Tangible Assets
Non Current Assets Total	- 0.78	Other Liab
Non Current Assets Total	- 0.78	Other Assets
Non Current Assets Total	- 0.75	Accounts Payable
Non Current Assets Total	- 0.74	Inventory