Guangdong Net Income From Continuing Ops vs Gross Profit Analysis

300498 Stock

17.34 0.15 0.87%

Guangdong Wens financial indicator trend analysis is much more than just examining Guangdong Wens Foodstuff latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Wens Foodstuff is a good investment. Please check the relationship between Guangdong Wens Net Income From Continuing Ops and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Wens Foodstuff. 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 Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Wens Foodstuff Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Guangdong Wens' Net Income From Continuing Ops and Gross Profit is 0.96. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Guangdong Wens Foodstuff, assuming nothing else is changed. The correlation between historical values of Guangdong Wens' Net Income From Continuing Ops and Gross Profit 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 Guangdong Wens Foodstuff are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Guangdong Wens' Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Guangdong Wens Foodstuff minus its cost of goods sold. It is profit before Guangdong Wens operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Guangdong Wens' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Wens Foodstuff 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 Guangdong Wens Foodstuff. 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 1.9 B, whereas Tax Provision is forecasted to decline to about 17.3 M.

Guangdong Wens fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Cash	Short Term Investments	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.39	0.78	0.83	0.85	0.7	0.73	0.45	0.88	0.46	0.95	0.84	0.86	0.98	0.97	0.89	0.72	0.13	0.78	0.82	0.58	0.07	0.7	0.52	0.93	0.61
Other Current Liab	0.39		-0.16	0.51	-0.04	0.58	-0.26	0.31	0.34	0.44	0.29	0.36	0.02	0.45	0.29	0.02	0.18	0.01	0.33	0.17	-0.2	0.35	0.2	0.05	0.25	0.21
Total Current Liabilities	0.78	-0.16		0.57	0.93	0.39	0.98	0.23	0.66	0.22	0.82	0.65	0.93	0.72	0.78	0.96	0.58	0.11	0.55	0.74	0.8	-0.24	0.63	0.42	0.84	0.52
Total Stockholder Equity	0.83	0.51	0.57		0.59	0.96	0.46	0.76	0.53	0.41	0.78	0.71	0.54	0.89	0.86	0.69	0.27	-0.1	0.87	0.9	0.21	0.45	0.79	0.72	0.66	0.74
Other Liab	0.85	-0.04	0.93	0.59		0.44	0.94	0.29	0.83	0.3	0.8	0.69	0.98	0.8	0.8	0.98	0.75	0.25	0.65	0.73	0.79	-0.16	0.56	0.45	0.91	0.46
Retained Earnings	0.7	0.58	0.39	0.96	0.44		0.28	0.83	0.4	0.43	0.6	0.61	0.38	0.79	0.71	0.55	0.13	-0.16	0.84	0.83	0.02	0.6	0.73	0.72	0.51	0.69
Accounts Payable	0.73	-0.26	0.98	0.46	0.94	0.28		0.12	0.67	0.21	0.77	0.6	0.94	0.65	0.72	0.94	0.63	0.12	0.48	0.66	0.87	-0.34	0.58	0.37	0.83	0.49
Other Assets	0.45	0.31	0.23	0.76	0.29	0.83	0.12		0.17	0.13	0.32	0.48	0.17	0.6	0.5	0.38	-0.12	-0.08	0.82	0.72	-0.27	0.87	0.46	0.83	0.19	0.41
Long Term Debt	0.88	0.34	0.66	0.53	0.83	0.4	0.67	0.17		0.52	0.75	0.74	0.88	0.84	0.78	0.8	0.94	0.31	0.58	0.52	0.66	-0.14	0.45	0.28	0.9	0.35
Net Receivables	0.46	0.44	0.22	0.41	0.3	0.43	0.21	0.13	0.52		0.32	0.49	0.39	0.51	0.41	0.36	0.57	-0.12	0.3	0.28	0.19	-0.03	0.37	0.1	0.49	0.3
Inventory	0.95	0.29	0.82	0.78	0.8	0.6	0.77	0.32	0.75	0.32		0.8	0.82	0.88	0.95	0.85	0.61	0.06	0.65	0.8	0.63	-0.06	0.71	0.43	0.9	0.63
Other Current Assets	0.84	0.36	0.65	0.71	0.69	0.61	0.6	0.48	0.74	0.49	0.8		0.71	0.86	0.85	0.76	0.57	-0.03	0.75	0.72	0.39	0.22	0.56	0.51	0.74	0.46
Total Liab	0.86	0.02	0.93	0.54	0.98	0.38	0.94	0.17	0.88	0.39	0.82	0.71		0.8	0.8	0.97	0.82	0.23	0.57	0.65	0.84	-0.27	0.57	0.35	0.94	0.45
Intangible Assets	0.98	0.45	0.72	0.89	0.8	0.79	0.65	0.6	0.84	0.51	0.88	0.86	0.8		0.95	0.86	0.64	0.14	0.86	0.85	0.44	0.25	0.7	0.61	0.87	0.6
Common Stock	0.97	0.29	0.78	0.86	0.8	0.71	0.72	0.5	0.78	0.41	0.95	0.85	0.8	0.95		0.87	0.6	-0.01	0.8	0.87	0.54	0.15	0.79	0.63	0.86	0.7
Property Plant Equipment	0.89	0.02	0.96	0.69	0.98	0.55	0.94	0.38	0.8	0.36	0.85	0.76	0.97	0.86	0.87		0.68	0.15	0.72	0.81	0.74	-0.07	0.68	0.53	0.91	0.56
Cash	0.72	0.18	0.58	0.27	0.75	0.13	0.63	-0.12	0.94	0.57	0.61	0.57	0.82	0.64	0.6	0.68		0.38	0.33	0.29	0.72	-0.41	0.27	0.02	0.82	0.18
Short Term Investments	0.13	0.01	0.11	-0.1	0.25	-0.16	0.12	-0.08	0.31	-0.12	0.06	-0.03	0.23	0.14	-0.01	0.15	0.38		0.1	-0.15	0.13	-0.17	-0.41	-0.24	0.15	-0.47
Good Will	0.78	0.33	0.55	0.87	0.65	0.84	0.48	0.82	0.58	0.3	0.65	0.75	0.57	0.86	0.8	0.72	0.33	0.1		0.81	0.2	0.58	0.65	0.84	0.57	0.59
Net Tangible Assets	0.82	0.17	0.74	0.9	0.73	0.83	0.66	0.72	0.52	0.28	0.8	0.72	0.65	0.85	0.87	0.81	0.29	-0.15	0.81		0.33	0.36	0.78	0.75	0.73	0.7
Other Stockholder Equity	0.58	-0.2	0.8	0.21	0.79	0.02	0.87	-0.27	0.66	0.19	0.63	0.39	0.84	0.44	0.54	0.74	0.72	0.13	0.2	0.33		-0.63	0.47	0.1	0.75	0.44
Deferred Long Term Liab	0.07	0.35	-0.24	0.45	-0.16	0.6	-0.34	0.87	-0.14	-0.03	-0.06	0.22	-0.27	0.25	0.15	-0.07	-0.41	-0.17	0.58	0.36	-0.63		0.19	0.67	-0.22	0.18
Long Term Investments	0.7	0.2	0.63	0.79	0.56	0.73	0.58	0.46	0.45	0.37	0.71	0.56	0.57	0.7	0.79	0.68	0.27	-0.41	0.65	0.78	0.47	0.19		0.73	0.62	0.97
Short Long Term Debt	0.52	0.05	0.42	0.72	0.45	0.72	0.37	0.83	0.28	0.1	0.43	0.51	0.35	0.61	0.63	0.53	0.02	-0.24	0.84	0.75	0.1	0.67	0.73		0.3	0.73
Total Current Assets	0.93	0.25	0.84	0.66	0.91	0.51	0.83	0.19	0.9	0.49	0.9	0.74	0.94	0.87	0.86	0.91	0.82	0.15	0.57	0.73	0.75	-0.22	0.62	0.3		0.52
Short Term Debt	0.61	0.21	0.52	0.74	0.46	0.69	0.49	0.41	0.35	0.3	0.63	0.46	0.45	0.6	0.7	0.56	0.18	-0.47	0.59	0.7	0.44	0.18	0.97	0.73	0.52

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Guangdong Wens Account Relationship Matchups

Guangdong Wens fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	65.6B	80.5B	96.8B	98.1B	92.9B	55.3B
Other Current Liab	6.5B	6.2B	7.4B	8.9B	4.0M	3.8M
Total Current Liabilities	13.9B	16.8B	19.7B	25.0B	31.1B	32.7B
Total Stockholder Equity	45.1B	45.8B	32.4B	39.7B	33.1B	28.8B
Other Liab	708.6M	1.3B	1.8B	1.6B	1.9B	2.0B
Retained Earnings	34.1B	34.4B	19.7B	24.2B	13.0B	17.7B
Accounts Payable	2.7B	4.1B	6.8B	7.6B	11.0B	11.6B
Other Assets	1.5B	2.2B	545.2M	559.3M	643.1M	798.0M
Long Term Debt	4.5B	14.7B	34.4B	22.6B	17.5B	9.0B
Net Receivables	1.6B	342.8M	2.8B	538.0M	521.3M	897.0M
Inventory	12.5B	13.3B	14.9B	20.4B	20.3B	12.2B
Other Current Assets	499.8M	1.5B	1.2B	1.3B	1.3B	734.0M
Total Liab	19.0B	32.9B	62.0B	55.2B	57.0B	59.9B
Intangible Assets	1.4B	1.7B	1.8B	1.6B	1.5B	1.1B
Common Stock	5.3B	6.4B	6.4B	6.6B	7.5B	4.9B
Property Plant Equipment	30.0B	46.3B	53.0B	52.6B	60.4B	63.5B
Cash	1.5B	1.9B	7.6B	4.3B	4.3B	2.8B
Short Term Investments	1.5B	3.2B	3.9B	3.2B	2.2B	2.2B
Good Will	168.7M	403.9M	204.0M	158.9M	182.8M	162.7M
Net Tangible Assets	43.6B	43.6B	30.5B	37.9B	43.6B	37.3B
Other Stockholder Equity	(188.0M)	(135.9M)	909.6M	838.6M	964.4M	1.0B
Deferred Long Term Liab	762.8M	1.5B	123.5M	104.8M	94.3M	89.6M
Short Long Term Debt	2.1B	4.0B	1.8B	1.1B	2.5B	2.3B
Total Current Assets	26.1B	23.1B	35.6B	36.6B	33.3B	28.2B
Non Current Assets Total	39.5B	57.4B	61.2B	61.5B	59.6B	50.0B
Non Currrent Assets Other	(3.4B)	550.5M	190.9M	264.4M	156.7M	164.5M
Non Current Liabilities Total	5.1B	16.1B	42.4B	30.2B	25.9B	17.7B
Net Debt	4.9B	16.9B	28.5B	19.4B	15.8B	14.9B
Common Stock Shares Outstanding	6.4B	6.4B	6.4B	6.6B	6.7B	7.1B
Net Invested Capital	51.5B	64.5B	68.6B	63.3B	53.1B	59.8B
Non Current Liabilities Other	24.8M	128.2M	135.5M	160.7M	88.2M	83.8M
Net Working Capital	12.2B	6.3B	15.9B	11.6B	2.2B	2.1B
Capital Stock	5.3B	6.4B	6.4B	6.6B	6.7B	6.7B

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Other Information on Investing in Guangdong Stock

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

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Guangdong Net Income From Continuing Ops vs Gross Profit Analysis

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Gross Profit

Guangdong Wens fundamental ratios Correlations

Guangdong Wens Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangdong Wens fundamental ratios Accounts

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Other Information on Investing in Guangdong Stock

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Intangible Assets	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Other Liab
Property Plant Equipment	+ 0.98	Other Liab
Common Stock	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Total Liab

Deferred Long Term Liab	- 0.63	Other Stockholder Equity
Short Term Debt	- 0.47	Short Term Investments
Long Term Investments	- 0.41	Short Term Investments
Deferred Long Term Liab	- 0.41	Cash
Deferred Long Term Liab	- 0.34	Accounts Payable
Deferred Long Term Liab	- 0.27	Total Liab