Guangzhou Interest Income vs Ebit Analysis

002709 Stock   24.35  0.66  2.64%   
Guangzhou Tinci financial indicator trend analysis is much more than just examining Guangzhou Tinci Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Tinci Materials is a good investment. Please check the relationship between Guangzhou Tinci Interest Income and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Tinci Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Interest Income vs Ebit

Interest Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Tinci Materials Interest Income account and Ebit. At this time, the significance of the direction appears to have totally related.
The correlation between Guangzhou Tinci's Interest Income and Ebit is 1.0. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Guangzhou Tinci Materials, assuming nothing else is changed. The correlation between historical values of Guangzhou Tinci's Interest Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Guangzhou Tinci Materials are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Interest Income i.e., Guangzhou Tinci's Interest Income and Ebit go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Ebit

Most indicators from Guangzhou Tinci's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Tinci Materials 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 Guangzhou Tinci Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 589.8 M, whereas Tax Provision is forecasted to decline to about 312 M.
 2021 2022 2023 2024 (projected)
Operating Income3.0B6.8B2.7B2.8B
Total Revenue11.1B22.3B15.4B16.2B

Guangzhou Tinci fundamental ratios Correlations

0.190.961.00.840.990.990.920.970.950.930.810.961.00.960.950.94-0.240.97-0.08-0.030.340.890.640.960.93
0.190.390.160.310.080.230.280.37-0.10.530.350.310.210.110.370.36-0.160.37-0.58-0.010.050.380.310.02-0.11
0.960.390.940.850.920.980.960.950.840.970.910.950.980.880.950.94-0.240.96-0.320.020.30.960.70.860.81
1.00.160.940.841.00.970.890.970.950.920.770.960.990.980.950.94-0.230.97-0.02-0.030.360.860.640.980.95
0.840.310.850.840.80.820.690.890.690.840.740.930.820.870.920.950.050.88-0.230.430.490.730.920.790.67
0.990.080.921.00.80.960.880.940.980.890.740.940.980.980.930.91-0.240.950.04-0.060.330.840.590.990.97
0.990.230.980.970.820.960.970.940.920.930.890.941.00.910.930.92-0.230.95-0.2-0.030.320.940.650.920.89
0.920.280.960.890.690.880.970.860.840.890.920.840.950.790.830.81-0.270.87-0.32-0.160.220.970.530.810.8
0.970.370.950.970.890.940.940.860.850.980.770.970.950.950.980.97-0.191.0-0.140.030.420.860.720.920.85
0.95-0.10.840.950.690.980.920.840.850.780.670.850.940.930.830.81-0.280.870.16-0.140.250.770.460.980.99
0.930.530.970.920.840.890.930.890.980.780.820.940.930.880.960.94-0.240.98-0.27-0.030.350.90.680.840.77
0.810.350.910.770.740.740.890.920.770.670.820.810.850.670.770.78-0.120.77-0.550.110.230.970.680.650.61
0.960.310.950.960.930.940.940.840.970.850.940.810.950.950.970.99-0.140.97-0.130.140.350.850.760.920.84
1.00.210.980.990.820.981.00.950.950.940.930.850.950.940.940.93-0.260.96-0.14-0.040.30.920.630.940.91
0.960.110.880.980.870.980.910.790.950.930.880.670.950.940.950.95-0.20.960.080.070.380.770.670.980.94
0.950.370.950.950.920.930.930.830.980.830.960.770.970.940.950.99-0.230.98-0.160.160.440.840.770.910.82
0.940.360.940.940.950.910.920.810.970.810.940.780.990.930.950.99-0.180.97-0.180.210.390.830.80.890.8
-0.24-0.16-0.24-0.230.05-0.24-0.23-0.27-0.19-0.28-0.24-0.12-0.14-0.26-0.2-0.23-0.18-0.220.070.380.48-0.230.26-0.26-0.26
0.970.370.960.970.880.950.950.871.00.870.980.770.970.960.960.980.97-0.22-0.120.00.370.860.70.930.86
-0.08-0.58-0.32-0.02-0.230.04-0.2-0.32-0.140.16-0.27-0.55-0.13-0.140.08-0.16-0.180.07-0.12-0.190.0-0.42-0.370.160.24
-0.03-0.010.02-0.030.43-0.06-0.03-0.160.03-0.14-0.030.110.14-0.040.070.160.210.380.0-0.190.5-0.060.66-0.05-0.16
0.340.050.30.360.490.330.320.220.420.250.350.230.350.30.380.440.390.480.370.00.50.220.690.310.27
0.890.380.960.860.730.840.940.970.860.770.90.970.850.920.770.840.83-0.230.86-0.42-0.060.220.610.760.73
0.640.310.70.640.920.590.650.530.720.460.680.680.760.630.670.770.80.260.7-0.370.660.690.610.550.43
0.960.020.860.980.790.990.920.810.920.980.840.650.920.940.980.910.89-0.260.930.16-0.050.310.760.550.98
0.93-0.110.810.950.670.970.890.80.850.990.770.610.840.910.940.820.8-0.260.860.24-0.160.270.730.430.98
Click cells to compare fundamentals

Guangzhou Tinci Account Relationship Matchups

Guangzhou Tinci fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B6.0B13.9B25.5B24.0B25.2B
Other Current Liab371.8M176.3M3.0B252.8M10.2M9.7M
Total Current Liabilities2.1B2.1B6.1B8.5B5.9B6.2B
Total Stockholder Equity2.8B3.4B7.2B12.5B13.4B14.0B
Other Liab63.5M59.8M61.0M72.6M83.5M87.6M
Retained Earnings1.3B1.8B3.5B8.2B8.9B9.3B
Accounts Payable836.2M908.8M2.4B4.7B3.4B3.6B
Cash210.1M311.6M2.1B4.7B2.3B2.4B
Other Assets79.4M79.2M131.8M303.6M349.1M366.6M
Long Term Debt213.7M317.2M311.0M4.0B4.2B4.4B
Net Receivables1.2B1.3B5.3B4.6B4.3B4.5B
Inventory601.3M549.6M1.3B2.4B1.2B606.6M
Other Current Assets286.0M232.7M554.4M649.2M707.5M742.8M
Total Liab2.4B2.5B6.5B12.7B10.4B10.9B
Intangible Assets319.4M408.6M531.5M823.8M1.2B1.3B
Common Stock339.5M548.3M546.1M959.8M1.1B1.2B
Property Plant Equipment1.8B2.2B2.2B3.5B4.0B4.2B
Net Tangible Assets2.4B2.3B2.9B6.6B7.6B8.0B
Good Will127.4M123.3M37.0M14.3M214.7M225.5M
Deferred Long Term Liab17.1M26.1M15.2M5.8M6.7M6.3M
Total Current Assets2.3B2.8B9.3B15.2B9.9B5.6B
Non Current Assets Total3.1B3.2B4.6B10.4B14.0B14.7B
Non Currrent Assets Other14.7M48.5M138.4M1.7B2.2B2.3B
Non Current Liabilities Total273.5M378.1M383.5M4.2B4.5B4.7B
Short Long Term Debt741.9M547.8M444.4M797.6M1.2B667.7M
Non Current Liabilities Other147.8K122.6K5.7M5.6M6.5M6.8M
Common Stock Shares Outstanding932.2M928.4M959.8M1.9B1.9B1.3B
Net Invested Capital3.7B4.3B7.9B17.3B18.8B19.7B
Net Working Capital179.9M725.1M3.1B6.7B4.0B2.5B
Capital Stock548.3M546.1M959.8M1.9B1.9B1.1B

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.

Other Information on Investing in Guangzhou Stock

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