Lianhe Net Income vs Other Operating Expenses Analysis

002250 Stock

5.95 0.08 1.36%

Lianhe Chemical financial indicator trend analysis is infinitely more than just investigating Lianhe Chemical Tech recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lianhe Chemical Tech is a good investment. Please check the relationship between Lianhe Chemical Net Income and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lianhe Chemical Technology. 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 Income vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lianhe Chemical Tech Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Lianhe Chemical's Net Income and Other Operating Expenses is -0.17. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Lianhe Chemical Technology, assuming nothing else is changed. The correlation between historical values of Lianhe Chemical's Net Income and Other Operating Expenses 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 Income of Lianhe Chemical Technology are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., Lianhe Chemical's Net Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lianhe Chemical Tech. It is also known as Lianhe Chemical overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Lianhe Chemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lianhe Chemical Tech 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 Lianhe Chemical Technology. 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 324.4 M, whereas Tax Provision is forecasted to decline to about 30 M.

	2022	2023	2024	2025 (projected)
Operating Income	843.5M	67.5M	77.6M	73.7M
Total Revenue	7.9B	6.4B	7.4B	3.8B

Operating Income Total Revenue

Lianhe Chemical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Long Term Investments	Total Current Assets	Treasury Stock	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Stockholder Equity
Total Assets		-0.23	0.92	0.81	0.92	0.77	0.89	0.41	0.69	0.78	0.76	0.99	0.7	0.98	0.89	0.69	0.99	-0.04	0.91	0.84	0.9	-0.77	0.91	0.49	0.82	0.37
Other Current Liab	-0.23		-0.08	0.07	-0.33	0.2	-0.08	0.18	-0.06	-0.56	0.25	-0.3	-0.17	-0.3	-0.04	0.22	-0.3	0.27	-0.31	-0.45	-0.17	0.04	-0.33	0.0	-0.58	-0.16
Total Current Liabilities	0.92	-0.08		0.76	0.9	0.73	0.97	0.28	0.5	0.56	0.76	0.94	0.75	0.93	0.81	0.59	0.91	-0.14	0.88	0.7	0.94	-0.77	0.88	0.31	0.64	0.33
Total Stockholder Equity	0.81	0.07	0.76		0.67	0.97	0.7	0.68	0.65	0.43	0.94	0.75	0.43	0.71	0.78	0.94	0.76	0.23	0.83	0.72	0.8	-0.78	0.77	0.6	0.45	0.15
Other Liab	0.92	-0.33	0.9	0.67		0.61	0.88	0.18	0.49	0.72	0.6	0.96	0.67	0.95	0.8	0.49	0.93	-0.26	0.9	0.77	0.89	-0.71	0.9	0.42	0.81	0.59
Retained Earnings	0.77	0.2	0.73	0.97	0.61		0.69	0.62	0.6	0.35	0.94	0.71	0.42	0.67	0.8	0.94	0.72	0.19	0.74	0.65	0.73	-0.68	0.69	0.52	0.37	0.15
Accounts Payable	0.89	-0.08	0.97	0.7	0.88	0.69		0.15	0.52	0.6	0.66	0.92	0.77	0.92	0.8	0.52	0.89	-0.25	0.85	0.66	0.92	-0.69	0.88	0.3	0.68	0.48
Cash	0.41	0.18	0.28	0.68	0.18	0.62	0.15		0.65	0.15	0.68	0.29	0.0	0.25	0.36	0.73	0.31	0.8	0.37	0.4	0.33	-0.66	0.28	0.69	0.1	-0.34
Other Assets	0.69	-0.06	0.5	0.65	0.49	0.6	0.52	0.65		0.63	0.57	0.61	0.38	0.62	0.59	0.56	0.62	0.5	0.62	0.61	0.6	-0.74	0.61	0.84	0.61	0.18
Long Term Debt	0.78	-0.56	0.56	0.43	0.72	0.35	0.6	0.15	0.63		0.31	0.78	0.65	0.82	0.63	0.33	0.82	-0.19	0.7	0.71	0.62	-0.41	0.75	0.4	0.98	0.49
Net Receivables	0.76	0.25	0.76	0.94	0.6	0.94	0.66	0.68	0.57	0.31		0.69	0.43	0.66	0.71	0.9	0.7	0.28	0.73	0.6	0.75	-0.74	0.67	0.48	0.33	0.04
Inventory	0.99	-0.3	0.94	0.75	0.96	0.71	0.92	0.29	0.61	0.78	0.69		0.75	0.99	0.86	0.59	0.99	-0.16	0.93	0.84	0.92	-0.73	0.93	0.43	0.85	0.44
Other Current Assets	0.7	-0.17	0.75	0.43	0.67	0.42	0.77	0.0	0.38	0.65	0.43	0.75		0.77	0.46	0.24	0.71	-0.31	0.67	0.48	0.77	-0.41	0.73	0.14	0.67	0.37
Total Liab	0.98	-0.3	0.93	0.71	0.95	0.67	0.92	0.25	0.62	0.82	0.66	0.99	0.77		0.84	0.55	0.98	-0.18	0.91	0.8	0.92	-0.71	0.93	0.4	0.87	0.45
Intangible Assets	0.89	-0.04	0.81	0.78	0.8	0.8	0.8	0.36	0.59	0.63	0.71	0.86	0.46	0.84		0.74	0.88	-0.09	0.77	0.73	0.74	-0.64	0.76	0.42	0.67	0.38
Common Stock	0.69	0.22	0.59	0.94	0.49	0.94	0.52	0.73	0.56	0.33	0.9	0.59	0.24	0.55	0.74		0.64	0.28	0.63	0.59	0.58	-0.61	0.57	0.51	0.3	0.05
Property Plant Equipment	0.99	-0.3	0.91	0.76	0.93	0.72	0.89	0.31	0.62	0.82	0.7	0.99	0.71	0.98	0.88	0.64		-0.16	0.9	0.84	0.88	-0.69	0.9	0.41	0.86	0.42
Good Will	-0.04	0.27	-0.14	0.23	-0.26	0.19	-0.25	0.8	0.5	-0.19	0.28	-0.16	-0.31	-0.18	-0.09	0.28	-0.16		-0.04	0.05	-0.06	-0.42	-0.14	0.58	-0.24	-0.59
Net Tangible Assets	0.91	-0.31	0.88	0.83	0.9	0.74	0.85	0.37	0.62	0.7	0.73	0.93	0.67	0.91	0.77	0.63	0.9	-0.04		0.86	0.97	-0.8	0.99	0.53	0.77	0.37
Long Term Investments	0.84	-0.45	0.7	0.72	0.77	0.65	0.66	0.4	0.61	0.71	0.6	0.84	0.48	0.8	0.73	0.59	0.84	0.05	0.86		0.75	-0.62	0.81	0.48	0.76	0.24
Total Current Assets	0.9	-0.17	0.94	0.8	0.89	0.73	0.92	0.33	0.6	0.62	0.75	0.92	0.77	0.92	0.74	0.58	0.88	-0.06	0.97	0.75		-0.82	0.97	0.46	0.71	0.36
Treasury Stock	-0.77	0.04	-0.77	-0.78	-0.71	-0.68	-0.69	-0.66	-0.74	-0.41	-0.74	-0.73	-0.41	-0.71	-0.64	-0.61	-0.69	-0.42	-0.8	-0.62	-0.82		-0.75	-0.74	-0.48	-0.1
Non Current Assets Total	0.91	-0.33	0.88	0.77	0.9	0.69	0.88	0.28	0.61	0.75	0.67	0.93	0.73	0.93	0.76	0.57	0.9	-0.14	0.99	0.81	0.97	-0.75		0.47	0.82	0.44
Non Currrent Assets Other	0.49	0.0	0.31	0.6	0.42	0.52	0.3	0.69	0.84	0.4	0.48	0.43	0.14	0.4	0.42	0.51	0.41	0.58	0.53	0.48	0.46	-0.74	0.47		0.42	0.23
Non Current Liabilities Total	0.82	-0.58	0.64	0.45	0.81	0.37	0.68	0.1	0.61	0.98	0.33	0.85	0.67	0.87	0.67	0.3	0.86	-0.24	0.77	0.76	0.71	-0.48	0.82	0.42		0.54
Other Stockholder Equity	0.37	-0.16	0.33	0.15	0.59	0.15	0.48	-0.34	0.18	0.49	0.04	0.44	0.37	0.45	0.38	0.05	0.42	-0.59	0.37	0.24	0.36	-0.1	0.44	0.23	0.54

Click cells to compare fundamentals

Lianhe Chemical Account Relationship Matchups

Lianhe Chemical fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.4B	12.6B	15.0B	13.9B	16.0B	16.8B
Other Current Liab	295.0M	330.0M	483.2M	9.3M	10.7M	10.1M
Total Current Liabilities	3.1B	5.0B	5.6B	3.7B	4.2B	4.4B
Total Stockholder Equity	6.0B	6.3B	7.0B	6.4B	7.4B	3.7B
Other Liab	497.8M	512.5M	563.6M	614.5M	706.7M	742.0M
Retained Earnings	2.9B	3.2B	3.8B	2.9B	3.3B	1.9B
Accounts Payable	1.7B	2.7B	2.9B	1.8B	2.0B	2.1B
Cash	635.6M	561.0M	583.2M	651.4M	749.1M	516.9M
Other Assets	163.1M	179.9M	197.9M	259.2M	298.1M	313.0M
Long Term Debt	646.9M	679.4M	1.5B	2.8B	3.2B	3.4B
Net Receivables	871.2M	1.3B	1.5B	1.1B	1.3B	772.0M
Inventory	1.9B	2.3B	2.9B	2.6B	3.0B	3.2B
Other Current Assets	100.0M	182.5M	650.6M	308.8M	355.1M	372.8M
Total Liab	4.3B	6.3B	7.8B	7.1B	8.2B	8.6B
Intangible Assets	506.3M	512.3M	508.7M	493.0M	567.0M	595.3M
Property Plant Equipment	4.5B	5.4B	6.7B	7.8B	8.9B	9.4B
Net Tangible Assets	5.3B	5.5B	5.8B	6.4B	7.4B	5.5B
Total Current Assets	4.0B	5.2B	6.4B	5.2B	5.9B	4.4B
Non Current Assets Total	6.4B	7.5B	8.6B	8.7B	10.1B	7.0B
Non Currrent Assets Other	324.3M	79.4M	193.2M	267.3M	240.6M	189.6M
Non Current Liabilities Total	1.2B	1.3B	2.2B	3.5B	4.0B	4.2B
Other Stockholder Equity	2.9M	6.8M	5.0M	4.8M	5.5M	5.8M
Short Long Term Debt	666.5M	1.7B	1.7B	804.1M	924.7M	1.0B
Non Current Liabilities Other	411.9M	458.2M	506.4M	548.8M	631.2M	368.2M
Net Debt	677.8M	1.8B	2.6B	2.9B	3.4B	3.5B
Net Invested Capital	7.3B	8.6B	10.2B	10.0B	11.5B	9.1B
Net Working Capital	873.9M	125.6M	762.8M	1.5B	1.3B	838.6M
Property Plant And Equipment Net	5.4B	6.7B	7.8B	7.7B	8.9B	7.1B
Property Plant And Equipment Gross	7.9B	9.7B	7.8B	12.2B	14.1B	9.8B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

EBR	Centrais Electricas Brasileiras
HE	Hawaiian Electric Industries
VFC	VF Corporation

Other Information on Investing in Lianhe Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Lianhe Net Income vs Other Operating Expenses Analysis

Net Income vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Net Income

Other Operating Expenses

Lianhe Chemical fundamental ratios Correlations

Lianhe Chemical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lianhe Chemical fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Lianhe Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Inventory	+ 0.99	Total Assets
Property Plant Equipment	+ 0.99	Total Assets
Total Liab	+ 0.99	Inventory
Property Plant Equipment	+ 0.99	Inventory
Non Current Assets Total	+ 0.99	Net Tangible Assets
Total Liab	+ 0.98	Total Assets

Treasury Stock	- 0.82	Total Current Assets
Treasury Stock	- 0.8	Net Tangible Assets
Treasury Stock	- 0.78	Total Stockholder Equity
Treasury Stock	- 0.77	Total Current Liabilities
Treasury Stock	- 0.77	Total Assets
Non Current Assets Total	- 0.75	Treasury Stock