Linzhou Net Income From Continuing Ops vs Operating Income Analysis

002535 Stock

4.65 0.04 0.85%

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

Net Income From Continuing Ops vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Linzhou Heavy Machinery Net Income From Continuing Ops account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Linzhou Heavy's Net Income From Continuing Ops and Operating Income is 0.48. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Linzhou Heavy Machinery, assuming nothing else is changed. The correlation between historical values of Linzhou Heavy's Net Income From Continuing Ops and Operating 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 Income From Continuing Ops of Linzhou Heavy Machinery are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income From Continuing Ops i.e., Linzhou Heavy's Net Income From Continuing Ops and Operating Income go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Net Income From Continuing Ops

Operating Income

Operating Income is the amount of profit realized from Linzhou Heavy Machinery 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 Linzhou Heavy Machinery 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.

Most indicators from Linzhou Heavy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Linzhou Heavy 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 Linzhou Heavy 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 Selling General Administrative is expected to grow to about 95.7 M, whereas Tax Provision is forecasted to decline to (17 M).

Linzhou Heavy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.08	0.94	0.76	-0.11	0.32	0.88	0.85	0.64	0.85	0.93	0.33	0.86	0.76	0.54	0.82	0.26	0.26	0.1	0.22	-0.12	0.26	0.42	0.28	0.32	0.26
Other Current Liab	0.08		0.11	-0.05	0.16	-0.09	-0.23	-0.25	0.02	-0.06	0.13	-0.2	0.14	-0.35	0.15	0.34	-0.11	-0.14	0.06	-0.1	-0.06	0.02	-0.16	-0.01	-0.18	-0.14
Total Current Liabilities	0.94	0.11		0.54	0.14	0.07	0.82	0.73	0.64	0.7	0.89	0.11	0.96	0.85	0.7	0.84	0.43	0.01	0.06	0.0	-0.33	0.45	0.18	0.47	0.11	0.02
Total Stockholder Equity	0.76	-0.05	0.54		-0.68	0.81	0.74	0.81	0.5	0.88	0.74	0.69	0.35	0.36	0.06	0.48	-0.18	0.79	0.37	0.68	0.42	-0.22	0.84	-0.18	0.75	0.75
Other Liab	-0.11	0.16	0.14	-0.68		-0.96	-0.3	-0.38	0.07	-0.45	-0.18	-0.66	0.33	0.18	0.61	0.16	0.55	-0.97	-0.52	-0.9	-0.77	0.64	-0.9	0.62	-0.86	-0.93
Retained Earnings	0.32	-0.09	0.07	0.81	-0.96		0.48	0.53	0.08	0.61	0.39	0.68	-0.14	-0.03	-0.49	0.05	-0.49	0.99	0.47	0.88	0.77	-0.61	0.94	-0.59	0.9	0.94
Accounts Payable	0.88	-0.23	0.82	0.74	-0.3	0.48		0.87	0.44	0.82	0.88	0.42	0.69	0.8	0.26	0.62	0.19	0.43	0.09	0.35	0.1	0.03	0.55	0.07	0.47	0.4
Cash	0.85	-0.25	0.73	0.81	-0.38	0.53	0.87		0.41	0.77	0.76	0.61	0.63	0.72	0.26	0.48	0.08	0.49	0.33	0.36	0.06	0.02	0.61	0.03	0.57	0.43
Other Assets	0.64	0.02	0.64	0.5	0.07	0.08	0.44	0.41		0.52	0.56	-0.16	0.56	0.49	0.53	0.62	0.15	0.09	0.07	0.1	-0.05	0.33	0.15	0.33	0.08	0.13
Net Receivables	0.85	-0.06	0.7	0.88	-0.45	0.61	0.82	0.77	0.52		0.87	0.52	0.53	0.55	0.24	0.58	0.17	0.58	0.12	0.56	0.11	0.11	0.74	0.16	0.59	0.6
Inventory	0.93	0.13	0.89	0.74	-0.18	0.39	0.88	0.76	0.56	0.87		0.29	0.77	0.72	0.42	0.72	0.22	0.33	0.06	0.34	-0.02	0.19	0.47	0.23	0.34	0.35
Other Current Assets	0.33	-0.2	0.11	0.69	-0.66	0.68	0.42	0.61	-0.16	0.52	0.29		-0.02	0.09	-0.19	0.0	-0.25	0.67	0.42	0.48	0.4	-0.33	0.68	-0.32	0.67	0.55
Total Liab	0.86	0.14	0.96	0.35	0.33	-0.14	0.69	0.63	0.56	0.53	0.77	-0.02		0.85	0.79	0.83	0.55	-0.2	0.03	-0.19	-0.52	0.55	-0.03	0.56	-0.05	-0.17
Intangible Assets	0.76	-0.35	0.85	0.36	0.18	-0.03	0.8	0.72	0.49	0.55	0.72	0.09	0.85		0.58	0.54	0.52	-0.06	0.04	-0.07	-0.36	0.46	0.08	0.47	0.09	-0.03
Common Stock	0.54	0.15	0.7	0.06	0.61	-0.49	0.26	0.26	0.53	0.24	0.42	-0.19	0.79	0.58		0.69	0.72	-0.51	-0.1	-0.48	-0.76	0.76	-0.37	0.82	-0.36	-0.49
Property Plant Equipment	0.82	0.34	0.84	0.48	0.16	0.05	0.62	0.48	0.62	0.58	0.72	0.0	0.83	0.54	0.69		0.36	-0.02	0.01	-0.04	-0.28	0.3	0.09	0.35	0.1	-0.02
Long Term Debt	0.26	-0.11	0.43	-0.18	0.55	-0.49	0.19	0.08	0.15	0.17	0.22	-0.25	0.55	0.52	0.72	0.36		-0.5	-0.2	-0.41	-0.78	0.72	-0.31	0.83	-0.27	-0.41
Net Tangible Assets	0.26	-0.14	0.01	0.79	-0.97	0.99	0.43	0.49	0.09	0.58	0.33	0.67	-0.2	-0.06	-0.51	-0.02	-0.5		0.49	0.88	0.78	-0.6	0.94	-0.58	0.89	0.94
Other Stockholder Equity	0.1	0.06	0.06	0.37	-0.52	0.47	0.09	0.33	0.07	0.12	0.06	0.42	0.03	0.04	-0.1	0.01	-0.2	0.49		0.43	0.29	-0.2	0.37	-0.27	0.64	0.49
Deferred Long Term Liab	0.22	-0.1	0.0	0.68	-0.9	0.88	0.35	0.36	0.1	0.56	0.34	0.48	-0.19	-0.07	-0.48	-0.04	-0.41	0.88	0.43		0.69	-0.52	0.83	-0.5	0.77	0.98
Long Term Investments	-0.12	-0.06	-0.33	0.42	-0.77	0.77	0.1	0.06	-0.05	0.11	-0.02	0.4	-0.52	-0.36	-0.76	-0.28	-0.78	0.78	0.29	0.69		-0.86	0.56	-0.88	0.57	0.72
Short Long Term Debt	0.26	0.02	0.45	-0.22	0.64	-0.61	0.03	0.02	0.33	0.11	0.19	-0.33	0.55	0.46	0.76	0.3	0.72	-0.6	-0.2	-0.52	-0.86		-0.36	0.95	-0.46	-0.54
Total Current Assets	0.42	-0.16	0.18	0.84	-0.9	0.94	0.55	0.61	0.15	0.74	0.47	0.68	-0.03	0.08	-0.37	0.09	-0.31	0.94	0.37	0.83	0.56	-0.36		-0.35	0.87	0.89
Short Term Debt	0.28	-0.01	0.47	-0.18	0.62	-0.59	0.07	0.03	0.33	0.16	0.23	-0.32	0.56	0.47	0.82	0.35	0.83	-0.58	-0.27	-0.5	-0.88	0.95	-0.35		-0.45	-0.52
Non Current Assets Total	0.32	-0.18	0.11	0.75	-0.86	0.9	0.47	0.57	0.08	0.59	0.34	0.67	-0.05	0.09	-0.36	0.1	-0.27	0.89	0.64	0.77	0.57	-0.46	0.87	-0.45		0.87
Non Currrent Assets Other	0.26	-0.14	0.02	0.75	-0.93	0.94	0.4	0.43	0.13	0.6	0.35	0.55	-0.17	-0.03	-0.49	-0.02	-0.41	0.94	0.49	0.98	0.72	-0.54	0.89	-0.52	0.87

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Linzhou Heavy Account Relationship Matchups

Linzhou Heavy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0B	4.8B	4.0B	4.2B	4.0B	4.8B
Other Current Liab	205.6M	391.4M	512.4M	679.4M	250.1M	345.5M
Total Current Liabilities	3.2B	3.1B	3.0B	3.0B	2.7B	2.8B
Total Stockholder Equity	787.2M	823.1M	394.3M	411.5M	542.0M	514.9M
Other Liab	531.3M	510.8M	493.5M	483.6M	556.1M	584.0M
Retained Earnings	(1.8B)	(1.8B)	(2.2B)	(2.2B)	(2.1B)	(2.0B)
Accounts Payable	1.3B	672.5M	528.2M	684.3M	870.0M	1.2B
Cash	466.2M	593.7M	261.3M	371.9M	257.0M	244.1M
Other Assets	316.8M	352.0M	186.7M	188.4M	216.7M	232.8M
Net Receivables	928.4M	427.4M	319.3M	466.5M	518.7M	1.0B
Inventory	447.1M	344.1M	400.6M	360.5M	426.4M	493.6M
Other Current Assets	72.7M	58.2M	149.6M	101.7M	33.1M	31.4M
Total Liab	4.1B	4.0B	3.6B	3.8B	3.4B	3.2B
Intangible Assets	266.0M	160.2M	156.5M	152.6M	148.7M	151.7M
Property Plant Equipment	1.9B	1.6B	1.5B	1.6B	1.8B	1.5B
Long Term Debt	382.0M	263.4M	108.4M	331.6M	367.8M	218.8M
Net Tangible Assets	504.7M	662.9M	237.8M	258.9M	233.0M	221.4M
Deferred Long Term Liab	10.2M	2.5M	2.1M	979.8K	881.8K	837.7K
Short Long Term Debt	1.5B	1.7B	1.7B	1.2B	937.7M	1.4B
Total Current Assets	2.0B	2.3B	1.6B	1.7B	1.6B	2.3B
Non Current Assets Total	3.0B	2.5B	2.4B	2.5B	2.4B	2.2B
Non Currrent Assets Other	32.3M	16.2M	571.3K	4.5M	3.0M	2.8M
Non Current Liabilities Total	913.3M	882.1M	601.9M	822.6M	706.0M	705.7M
Non Current Liabilities Other	389.5M	379.5M	372.1M	372.2M	9.8M	9.3M
Net Debt	1.2B	1.4B	1.5B	1.2B	1.0B	1.2B
Net Invested Capital	2.5B	2.8B	2.2B	2.0B	1.8B	2.3B
Net Working Capital	(1.2B)	(806.5M)	(1.4B)	(1.2B)	(1.1B)	(1.2B)

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Other Information on Investing in Linzhou Stock

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

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Linzhou Net Income From Continuing Ops vs Operating Income Analysis

Net Income From Continuing Ops vs Operating Income

Net Income From Continuing Ops vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Operating Income

Linzhou Heavy fundamental ratios Correlations

Linzhou Heavy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Linzhou Heavy fundamental ratios Accounts

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Other Information on Investing in Linzhou Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 0.99	Retained Earnings
Non Currrent Assets Other	+ 0.98	Deferred Long Term Liab
Total Liab	+ 0.96	Total Current Liabilities
Short Term Debt	+ 0.95	Short Long Term Debt
Total Current Liabilities	+ 0.94	Total Assets
Total Current Assets	+ 0.94	Retained Earnings

Net Tangible Assets	- 0.97	Other Liab
Retained Earnings	- 0.96	Other Liab
Non Currrent Assets Other	- 0.93	Other Liab
Total Current Assets	- 0.9	Other Liab
Deferred Long Term Liab	- 0.9	Other Liab
Short Term Debt	- 0.88	Long Term Investments