Guangzhou Net Interest Income vs Net Income Analysis

002709 Stock   24.97  1.19  5.00%   
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 Net Interest Income and its Net Income 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.

Net Interest Income vs Net Income

Net Interest Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Tinci Materials Net Interest Income account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangzhou Tinci's Net Interest Income and Net Income is -0.29. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income 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 Net Interest Income and Net 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 Interest Income of Guangzhou Tinci Materials are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Guangzhou Tinci's Net Interest Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Net Income

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

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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.