BYD Operating Income vs Other Operating Expenses Analysis

002594 Stock

283.00 4.51 1.62%

BYD Co financial indicator trend analysis is way more than just evaluating BYD Co prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BYD Co is a good investment. Please check the relationship between BYD Co Operating Income and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BYD Co Ltd. 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.

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BYD Co Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.

The correlation between BYD Co's Operating Income and Other Operating Expenses is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of BYD Co Ltd, assuming nothing else is changed. The correlation between historical values of BYD Co's Operating 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 Operating Income of BYD Co Ltd 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 Operating Income i.e., BYD Co's Operating Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

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Operating Income

Operating Income is the amount of profit realized from BYD Co 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 BYD Co Ltd 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of BYD Co. It is also known as BYD Co 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 BYD Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BYD Co 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 BYD Co Ltd. 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 1.5 B. The current year's Tax Provision is expected to grow to about 6.2 B

	2021	2022	2023	2024 (projected)
Gross Profit	28.1B	72.2B	121.8B	127.8B
Total Revenue	216.1B	424.1B	602.3B	632.4B

Gross Profit Total Revenue

BYD Co fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total	Short Term Debt	Short Term Investments
Total Assets		0.33	1.0	0.98	0.99	-0.79	0.99	1.0	0.97	0.99	0.93	0.98	0.82	0.36	0.99	0.86	0.89	1.0	0.99	0.98	0.44	0.17	0.92	0.97	0.07	0.79
Other Current Liab	0.33		0.35	0.34	0.29	-0.25	0.23	0.33	0.17	0.3	0.55	0.26	0.38	0.27	0.44	0.28	0.4	0.33	0.36	0.24	0.23	-0.13	-0.03	0.17	-0.15	0.79
Total Current Liabilities	1.0	0.35		0.97	0.99	-0.8	0.99	1.0	0.97	1.0	0.94	0.98	0.79	0.33	0.99	0.85	0.87	1.0	0.98	0.97	0.41	0.13	0.92	0.97	0.03	0.8
Total Stockholder Equity	0.98	0.34	0.97		0.94	-0.72	0.96	0.96	0.94	0.95	0.91	0.95	0.89	0.46	0.98	0.88	0.96	0.97	0.99	0.97	0.53	0.27	0.87	0.92	0.17	0.78
Property Plant And Equipment Net	0.99	0.29	0.99	0.94		-0.83	0.99	0.99	0.97	1.0	0.92	0.98	0.73	0.28	0.97	0.8	0.82	0.99	0.96	0.96	0.39	0.08	0.94	0.98	-0.02	0.77
Net Debt	-0.79	-0.25	-0.8	-0.72	-0.83		-0.76	-0.83	-0.87	-0.82	-0.87	-0.88	-0.33	0.09	-0.78	-0.46	-0.61	-0.8	-0.73	-0.67	-0.03	0.43	-0.82	-0.74	0.52	-0.75
Retained Earnings	0.99	0.23	0.99	0.96	0.99	-0.76		0.99	0.97	0.99	0.89	0.97	0.8	0.36	0.97	0.86	0.86	0.99	0.98	0.98	0.45	0.21	0.94	0.99	0.1	0.72
Accounts Payable	1.0	0.33	1.0	0.96	0.99	-0.83	0.99		0.98	1.0	0.95	0.99	0.77	0.32	0.99	0.83	0.87	1.0	0.98	0.96	0.41	0.09	0.92	0.97	-0.01	0.81
Cash	0.97	0.17	0.97	0.94	0.97	-0.87	0.97	0.98		0.98	0.91	1.0	0.7	0.23	0.95	0.79	0.84	0.97	0.95	0.94	0.33	0.05	0.97	0.95	-0.05	0.72
Non Current Assets Total	0.99	0.3	1.0	0.95	1.0	-0.82	0.99	1.0	0.98		0.93	0.98	0.75	0.3	0.98	0.81	0.84	1.0	0.97	0.96	0.4	0.1	0.94	0.98	0.0	0.78
Non Currrent Assets Other	0.93	0.55	0.94	0.91	0.92	-0.87	0.89	0.95	0.91	0.93		0.94	0.69	0.26	0.96	0.71	0.85	0.93	0.92	0.85	0.34	-0.1	0.79	0.85	-0.19	0.94
Cash And Short Term Investments	0.98	0.26	0.98	0.95	0.98	-0.88	0.97	0.99	1.0	0.98	0.94		0.71	0.24	0.97	0.79	0.86	0.98	0.96	0.94	0.34	0.02	0.95	0.95	-0.08	0.78
Net Receivables	0.82	0.38	0.79	0.89	0.73	-0.33	0.8	0.77	0.7	0.75	0.69	0.71		0.64	0.83	0.9	0.91	0.79	0.88	0.86	0.65	0.61	0.62	0.75	0.53	0.61
Common Stock Shares Outstanding	0.36	0.27	0.33	0.46	0.28	0.09	0.36	0.32	0.23	0.3	0.26	0.24	0.64		0.37	0.49	0.54	0.32	0.42	0.47	0.95	0.67	0.15	0.29	0.62	0.25
Inventory	0.99	0.44	0.99	0.98	0.97	-0.78	0.97	0.99	0.95	0.98	0.96	0.97	0.83	0.37		0.85	0.91	0.99	0.99	0.96	0.45	0.15	0.86	0.94	0.04	0.85
Other Current Assets	0.86	0.28	0.85	0.88	0.8	-0.46	0.86	0.83	0.79	0.81	0.71	0.79	0.9	0.49	0.85		0.85	0.85	0.9	0.88	0.49	0.48	0.75	0.82	0.44	0.58
Other Stockholder Equity	0.89	0.4	0.87	0.96	0.82	-0.61	0.86	0.87	0.84	0.84	0.85	0.86	0.91	0.54	0.91	0.85		0.86	0.94	0.88	0.58	0.32	0.73	0.78	0.25	0.76
Total Liab	1.0	0.33	1.0	0.97	0.99	-0.8	0.99	1.0	0.97	1.0	0.93	0.98	0.79	0.32	0.99	0.85	0.86		0.98	0.97	0.41	0.14	0.93	0.97	0.04	0.79
Total Current Assets	0.99	0.36	0.98	0.99	0.96	-0.73	0.98	0.98	0.95	0.97	0.92	0.96	0.88	0.42	0.99	0.9	0.94	0.98		0.98	0.49	0.25	0.88	0.94	0.15	0.79
Intangible Assets	0.98	0.24	0.97	0.97	0.96	-0.67	0.98	0.96	0.94	0.96	0.85	0.94	0.86	0.47	0.96	0.88	0.88	0.97	0.98		0.55	0.34	0.9	0.97	0.23	0.69
Common Stock	0.44	0.23	0.41	0.53	0.39	-0.03	0.45	0.41	0.33	0.4	0.34	0.34	0.65	0.95	0.45	0.49	0.58	0.41	0.49	0.55		0.65	0.26	0.4	0.55	0.3
Short Long Term Debt Total	0.17	-0.13	0.13	0.27	0.08	0.43	0.21	0.09	0.05	0.1	-0.1	0.02	0.61	0.67	0.15	0.48	0.32	0.14	0.25	0.34	0.65		0.08	0.2	0.96	-0.17
Current Deferred Revenue	0.92	-0.03	0.92	0.87	0.94	-0.82	0.94	0.92	0.97	0.94	0.79	0.95	0.62	0.15	0.86	0.75	0.73	0.93	0.88	0.9	0.26	0.08		0.95	-0.01	0.55
Non Current Liabilities Total	0.97	0.17	0.97	0.92	0.98	-0.74	0.99	0.97	0.95	0.98	0.85	0.95	0.75	0.29	0.94	0.82	0.78	0.97	0.94	0.97	0.4	0.2	0.95		0.07	0.66
Short Term Debt	0.07	-0.15	0.03	0.17	-0.02	0.52	0.1	-0.01	-0.05	0.0	-0.19	-0.08	0.53	0.62	0.04	0.44	0.25	0.04	0.15	0.23	0.55	0.96	-0.01	0.07		-0.25
Short Term Investments	0.79	0.79	0.8	0.78	0.77	-0.75	0.72	0.81	0.72	0.78	0.94	0.78	0.61	0.25	0.85	0.58	0.76	0.79	0.79	0.69	0.3	-0.17	0.55	0.66	-0.25

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BYD Co Account Relationship Matchups

BYD Co fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	195.6B	201.0B	295.8B	493.9B	679.5B	713.5B
Other Current Liab	7.0B	2.5B	3.7B	142.4B	4.4B	4.2B
Total Current Liabilities	108.0B	106.4B	171.3B	333.3B	453.7B	476.4B
Total Stockholder Equity	56.8B	56.9B	95.1B	111.0B	138.8B	145.8B
Property Plant And Equipment Net	60.8B	61.6B	83.1B	179.6B	275.3B	289.1B
Net Debt	58.9B	37.8B	(15.1B)	(29.6B)	(62.2B)	(59.1B)
Retained Earnings	21.1B	24.5B	26.5B	40.9B	67.1B	70.5B
Accounts Payable	36.2B	51.9B	80.5B	143.8B	198.5B	208.4B
Cash	12.7B	14.4B	50.5B	51.5B	109.1B	114.5B
Non Current Assets Total	88.7B	89.4B	129.7B	253.1B	377.4B	396.3B
Non Currrent Assets Other	1.9B	2.1B	19.5B	43.3B	37.2B	39.1B
Cash And Short Term Investments	12.7B	14.4B	56.1B	72.1B	118.7B	124.6B
Net Receivables	59.9B	57.2B	56.9B	75.4B	75.1B	78.8B
Liabilities And Stockholders Equity	195.6B	201.0B	295.8B	493.9B	679.5B	713.5B
Inventory	25.6B	31.4B	43.4B	79.1B	87.7B	92.1B
Other Current Assets	8.9B	8.6B	9.8B	14.2B	20.7B	21.8B
Other Stockholder Equity	28.7B	25.4B	60.3B	58.5B	59.1B	62.0B
Total Liab	133.0B	136.6B	191.5B	372.5B	529.1B	555.5B
Total Current Assets	107.0B	111.6B	166.1B	240.8B	302.1B	317.2B
Intangible Assets	18.4B	16.7B	19.7B	24.9B	37.8B	39.7B
Short Long Term Debt Total	71.5B	52.3B	35.4B	21.8B	46.9B	29.5B
Non Current Liabilities Total	25.0B	30.1B	20.2B	39.1B	75.4B	79.2B
Short Term Debt	49.1B	27.8B	23.2B	11.6B	26.1B	19.8B
Short Term Investments	34.3M	24K	5.6B	20.6B	9.6B	10.0B
Other Liab	2.5B	5.7B	8.0B	28.9B	33.3B	34.9B
Net Tangible Assets	44.0B	45.0B	77.9B	87.7B	100.9B	56.2B
Other Assets	9.4B	9.1B	8.7B	18.4B	21.1B	11.3B
Long Term Debt	21.9B	23.6B	10.8B	7.6B	12.0B	14.8B
Deferred Long Term Liab	5.6B	5.9B	5.0B	2.7B	3.1B	4.6B
Short Long Term Debt	40.3B	16.4B	10.2B	5.2B	18.3B	17.4B
Property Plant Equipment	60.8B	61.6B	83.1B	179.6B	206.6B	216.9B
Non Current Liabilities Other	2.4B	5.3B	7.4B	26.9B	50.6B	53.2B
Net Invested Capital	119.0B	96.9B	116.1B	123.8B	169.1B	131.0B
Net Working Capital	(1.1B)	5.2B	(5.2B)	(92.5B)	(151.5B)	(144.0B)

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

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BYD Operating Income vs Other Operating Expenses Analysis

Operating Income vs Other Operating Expenses

Operating Income vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Operating Income

Other Operating Expenses

BYD Co fundamental ratios Correlations

BYD Co Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BYD Co fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities

Cash And Short Term Investments	- 0.88	Net Debt
Non Currrent Assets Other	- 0.87	Net Debt
Cash	- 0.87	Net Debt
Accounts Payable	- 0.83	Net Debt
Net Debt	- 0.83	Property Plant And Equipment Net
Current Deferred Revenue	- 0.82	Net Debt