Guangdong Net Income vs Research Development Analysis

301178 Stock   27.35  0.33  1.19%   
Guangdong TianYiMa financial indicator trend analysis is much more than just examining Guangdong TianYiMa latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong TianYiMa is a good investment. Please check the relationship between Guangdong TianYiMa Net Income and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong TianYiMa Information. 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 vs Research Development

Net Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong TianYiMa Net Income account and Research Development. At this time, the significance of the direction appears to have pay attention.
The correlation between Guangdong TianYiMa's Net Income and Research Development is -0.82. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Guangdong TianYiMa Information, assuming nothing else is changed. The correlation between historical values of Guangdong TianYiMa's Net Income and Research Development 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 of Guangdong TianYiMa Information are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Net Income i.e., Guangdong TianYiMa's Net Income and Research Development go up and down completely randomly.

Correlation Coefficient

-0.82
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

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

Research Development

Most indicators from Guangdong TianYiMa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong TianYiMa 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 TianYiMa Information. 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 Tax Provision is expected to grow to about (1.6 M). In addition to that, Selling General Administrative is expected to decline to about 13.5 M
 2022 2023 2024 2025 (projected)
Interest Income4.8M10.4M12.0M6.2M
Net Interest Income4.7M8.1M7.3M4.4M

Guangdong TianYiMa fundamental ratios Correlations

-0.660.911.00.990.850.980.70.930.720.980.660.910.970.891.00.41.00.940.99-0.950.640.7-0.980.65-0.45
-0.66-0.72-0.63-0.68-0.72-0.62-0.6-0.62-0.58-0.72-0.58-0.6-0.67-0.72-0.63-0.42-0.64-0.65-0.610.8-0.84-0.850.7-0.850.96
0.91-0.720.870.940.960.860.870.830.750.880.850.780.931.00.880.520.880.850.84-0.930.710.74-0.870.71-0.51
1.0-0.630.870.980.820.980.650.930.70.980.610.920.950.861.00.381.00.941.0-0.930.620.69-0.980.63-0.43
0.99-0.680.940.980.880.960.740.940.730.980.70.880.970.930.990.430.990.950.97-0.970.660.73-0.970.67-0.48
0.85-0.720.960.820.880.770.950.830.880.870.70.710.820.940.820.710.810.830.77-0.880.810.82-0.830.82-0.54
0.98-0.620.860.980.960.770.570.860.580.950.670.960.970.850.980.230.990.880.99-0.910.530.6-0.940.54-0.41
0.7-0.60.870.650.740.950.570.760.920.720.590.460.640.850.660.850.640.740.59-0.760.810.81-0.70.81-0.44
0.93-0.620.830.930.940.830.860.760.860.950.450.720.830.80.930.630.921.00.91-0.910.740.81-0.970.75-0.46
0.72-0.580.750.70.730.880.580.920.860.780.310.470.580.710.710.920.670.830.64-0.740.870.87-0.760.86-0.47
0.98-0.720.880.980.980.870.950.720.950.780.570.880.920.860.980.490.980.960.97-0.940.720.78-0.980.73-0.55
0.66-0.580.850.610.70.70.670.590.450.310.570.640.810.880.610.090.640.50.6-0.710.360.39-0.560.36-0.36
0.91-0.60.780.920.880.710.960.460.720.470.880.640.910.780.910.120.930.740.93-0.810.450.5-0.840.46-0.41
0.97-0.670.930.950.970.820.970.640.830.580.920.810.910.930.950.250.970.870.95-0.940.540.61-0.920.55-0.44
0.89-0.721.00.860.930.940.850.850.80.710.860.880.780.930.860.480.870.820.83-0.920.680.72-0.850.69-0.5
1.0-0.630.881.00.990.820.980.660.930.710.980.610.910.950.860.391.00.951.0-0.940.620.69-0.980.63-0.44
0.4-0.420.520.380.430.710.230.850.630.920.490.090.120.250.480.390.340.570.31-0.480.810.78-0.480.8-0.39
1.0-0.640.881.00.990.810.990.640.920.670.980.640.930.970.871.00.340.931.0-0.940.60.67-0.970.61-0.44
0.94-0.650.850.940.950.830.880.741.00.830.960.50.740.870.820.950.570.930.93-0.930.720.79-0.980.73-0.48
0.99-0.610.841.00.970.770.990.590.910.640.970.60.930.950.831.00.311.00.93-0.920.570.64-0.970.58-0.42
-0.950.8-0.93-0.93-0.97-0.88-0.91-0.76-0.91-0.74-0.94-0.71-0.81-0.94-0.92-0.94-0.48-0.94-0.93-0.92-0.78-0.840.97-0.790.62
0.64-0.840.710.620.660.810.530.810.740.870.720.360.450.540.680.620.810.60.720.57-0.780.99-0.731.0-0.8
0.7-0.850.740.690.730.820.60.810.810.870.780.390.50.610.720.690.780.670.790.64-0.840.99-0.80.99-0.8
-0.980.7-0.87-0.98-0.97-0.83-0.94-0.7-0.97-0.76-0.98-0.56-0.84-0.92-0.85-0.98-0.48-0.97-0.98-0.970.97-0.73-0.8-0.740.53
0.65-0.850.710.630.670.820.540.810.750.860.730.360.460.550.690.630.80.610.730.58-0.791.00.99-0.74-0.81
-0.450.96-0.51-0.43-0.48-0.54-0.41-0.44-0.46-0.47-0.55-0.36-0.41-0.44-0.5-0.44-0.39-0.44-0.48-0.420.62-0.8-0.80.53-0.81
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Guangdong TianYiMa Account Relationship Matchups

Guangdong TianYiMa fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets459.5M1.0B1.0B1.0B1.2B847.1M
Total Current Liabilities186.5M175.9M165.4M198.1M227.9M183.1M
Total Stockholder Equity253.0M818.8M839.5M831.7M956.5M650.2M
Retained Earnings107.2M157.7M175.3M176.4M202.9M151.5M
Accounts Payable77.8M77.9M64.0M90.9M104.6M81.1M
Cash182.8M653.3M595.5M506.7M582.7M450.6M
Non Current Assets Total91.6M50.1M37.8M122.9M141.4M75.4M
Net Receivables113.6M180.4M266.0M299.9M344.9M216.8M
Non Current Liabilities Total20.3M13.8M11.7M9.9M11.4M13.1M
Inventory26.1M55.2M40.2M37.3M42.9M40.3M
Other Current Assets31.9M47.2M48.4M40.9M47.1M40.1M
Total Liab206.8M189.7M177.2M208.0M239.3M196.2M
Net Invested Capital258.0M818.8M841.5M842.7M969.0M655.2M
Total Current Assets367.8M958.1M978.6M921.4M1.1B771.7M
Net Working Capital181.4M782.2M813.2M723.2M831.7M588.7M
Intangible Assets4.4M3.3M2.1M937.7K843.9K801.7K

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Other Information on Investing in Guangdong Stock

Balance Sheet is a snapshot of the financial position of Guangdong TianYiMa at a specified time, usually calculated after every quarter, six months, or one year. Guangdong TianYiMa Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong TianYiMa 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.