China Operating Income vs Total Operating Expenses Analysis

600007 Stock

22.35 0.07 0.31%

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

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China World Trade Operating Income account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.

The correlation between China World's Operating Income and Total Operating Expenses is 0.84. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of China World Trade, assuming nothing else is changed. The correlation between historical values of China World's Operating Income and Total 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 China World Trade are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., China World's Operating Income and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

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Operating Income

Operating Income is the amount of profit realized from China World Trade 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 China World Trade 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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from China World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China World Trade 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 China World Trade. 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 118.7 M, whereas Tax Provision is forecasted to decline to about 337.1 M.

	2021	2022	2023	2024 (projected)
Operating Income	1.4B	1.4B	1.7B	1.8B
Total Revenue	3.6B	3.4B	4.0B	2.0B

Operating Income Total Revenue

China World fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Inventory	Total Liab	Common Stock	Property Plant Equipment	Long Term Debt	Intangible Assets	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Short Term Debt
Total Assets		0.92	0.26	0.75	0.49	0.47	-0.21	0.83	0.47	0.78	0.92	0.04	-0.95	-0.17	0.23	0.69	0.6	0.16	-0.65	0.68	0.61	-0.4	-0.64	-0.28	0.06	0.06
Total Stockholder Equity	0.92		0.44	0.86	0.67	0.66	-0.4	0.75	0.1	0.69	0.74	-0.29	-0.93	-0.35	0.12	0.89	0.71	0.05	-0.83	0.87	0.83	-0.57	-0.77	-0.48	0.25	0.25
Other Liab	0.26	0.44		0.31	0.13	0.11	-0.77	-0.02	-0.34	-0.21	0.07	-0.63	-0.39	0.17	0.37	0.49	0.52	0.46	-0.45	0.56	0.35	-0.07	-0.51	0.01	-0.14	-0.14
Retained Earnings	0.75	0.86	0.31		0.88	0.88	-0.42	0.54	-0.01	0.64	0.56	-0.4	-0.84	-0.57	-0.01	0.92	0.79	-0.11	-0.93	0.83	0.85	-0.87	-0.86	-0.6	0.28	0.28
Accounts Payable	0.49	0.67	0.13	0.88		0.97	-0.35	0.38	-0.26	0.52	0.25	-0.45	-0.56	-0.8	-0.2	0.86	0.63	-0.43	-0.86	0.7	0.9	-0.96	-0.71	-0.72	0.43	0.43
Cash	0.47	0.66	0.11	0.88	0.97		-0.33	0.32	-0.28	0.52	0.22	-0.5	-0.54	-0.84	-0.16	0.85	0.57	-0.51	-0.83	0.67	0.91	-0.98	-0.69	-0.77	0.43	0.43
Other Assets	-0.21	-0.4	-0.77	-0.42	-0.35	-0.33		-0.04	0.38	0.13	0.02	0.61	0.33	0.09	-0.12	-0.53	-0.53	-0.21	0.53	-0.56	-0.44	0.31	0.53	0.17	-0.04	-0.04
Inventory	0.83	0.75	-0.02	0.54	0.38	0.32	-0.04		0.42	0.68	0.78	0.31	-0.76	-0.1	-0.14	0.54	0.53	0.17	-0.54	0.61	0.49	-0.25	-0.49	-0.17	0.18	0.18
Total Liab	0.47	0.1	-0.34	-0.01	-0.26	-0.28	0.38	0.42		0.44	0.68	0.77	-0.35	0.37	0.32	-0.25	-0.07	0.29	0.24	-0.24	-0.32	0.29	0.11	0.38	-0.43	-0.43
Common Stock	0.78	0.69	-0.21	0.64	0.52	0.52	0.13	0.68	0.44		0.83	0.1	-0.7	-0.42	0.17	0.53	0.23	-0.21	-0.47	0.45	0.51	-0.5	-0.4	-0.59	0.37	0.37
Property Plant Equipment	0.92	0.74	0.07	0.56	0.25	0.22	0.02	0.78	0.68	0.83		0.25	-0.86	0.0	0.36	0.45	0.39	0.25	-0.41	0.47	0.32	-0.19	-0.45	-0.18	-0.01	-0.01
Long Term Debt	0.04	-0.29	-0.63	-0.4	-0.45	-0.5	0.61	0.31	0.77	0.1	0.25		0.11	0.41	-0.14	-0.55	-0.3	0.16	0.49	-0.5	-0.53	0.5	0.43	0.55	-0.33	-0.33
Intangible Assets	-0.95	-0.93	-0.39	-0.84	-0.56	-0.54	0.33	-0.76	-0.35	-0.7	-0.86	0.11		0.18	-0.23	-0.79	-0.77	-0.23	0.78	-0.8	-0.64	0.5	0.82	0.31	0.0	0.0
Other Current Liab	-0.17	-0.35	0.17	-0.57	-0.8	-0.84	0.09	-0.1	0.37	-0.42	0.0	0.41	0.18		0.28	-0.54	-0.19	0.84	0.5	-0.35	-0.7	0.84	0.34	0.8	-0.53	-0.53
Total Current Liabilities	0.23	0.12	0.37	-0.01	-0.2	-0.16	-0.12	-0.14	0.32	0.17	0.36	-0.14	-0.23	0.28		0.01	-0.18	0.25	0.14	-0.04	-0.08	0.18	-0.02	-0.04	-0.32	-0.32
Net Tangible Assets	0.69	0.89	0.49	0.92	0.86	0.85	-0.53	0.54	-0.25	0.53	0.45	-0.55	-0.79	-0.54	0.01		0.79	-0.09	-0.97	0.94	0.95	-0.8	-0.88	-0.65	0.36	0.36
Net Receivables	0.6	0.71	0.52	0.79	0.63	0.57	-0.53	0.53	-0.07	0.23	0.39	-0.3	-0.77	-0.19	-0.18	0.79		0.27	-0.89	0.84	0.64	-0.58	-0.93	-0.14	-0.06	-0.06
Other Current Assets	0.16	0.05	0.46	-0.11	-0.43	-0.51	-0.21	0.17	0.29	-0.21	0.25	0.16	-0.23	0.84	0.25	-0.09	0.27		0.02	0.14	-0.35	0.49	-0.1	0.57	-0.32	-0.32
Deferred Long Term Liab	-0.65	-0.83	-0.45	-0.93	-0.86	-0.83	0.53	-0.54	0.24	-0.47	-0.41	0.49	0.78	0.5	0.14	-0.97	-0.89	0.02		-0.94	-0.88	0.82	0.92	0.55	-0.32	-0.32
Long Term Investments	0.68	0.87	0.56	0.83	0.7	0.67	-0.56	0.61	-0.24	0.45	0.47	-0.5	-0.8	-0.35	-0.04	0.94	0.84	0.14	-0.94		0.82	-0.64	-0.89	-0.53	0.34	0.34
Total Current Assets	0.61	0.83	0.35	0.85	0.9	0.91	-0.44	0.49	-0.32	0.51	0.32	-0.53	-0.64	-0.7	-0.08	0.95	0.64	-0.35	-0.88	0.82		-0.83	-0.74	-0.71	0.41	0.41
Non Current Assets Total	-0.4	-0.57	-0.07	-0.87	-0.96	-0.98	0.31	-0.25	0.29	-0.5	-0.19	0.5	0.5	0.84	0.18	-0.8	-0.58	0.49	0.82	-0.64	-0.83		0.7	0.78	-0.43	-0.43
Non Currrent Assets Other	-0.64	-0.77	-0.51	-0.86	-0.71	-0.69	0.53	-0.49	0.11	-0.4	-0.45	0.43	0.82	0.34	-0.02	-0.88	-0.93	-0.1	0.92	-0.89	-0.74	0.7		0.4	0.01	0.01
Non Current Liabilities Total	-0.28	-0.48	0.01	-0.6	-0.72	-0.77	0.17	-0.17	0.38	-0.59	-0.18	0.55	0.31	0.8	-0.04	-0.65	-0.14	0.57	0.55	-0.53	-0.71	0.78	0.4		-0.71	-0.71
Short Long Term Debt	0.06	0.25	-0.14	0.28	0.43	0.43	-0.04	0.18	-0.43	0.37	-0.01	-0.33	0.0	-0.53	-0.32	0.36	-0.06	-0.32	-0.32	0.34	0.41	-0.43	0.01	-0.71		1.0
Short Term Debt	0.06	0.25	-0.14	0.28	0.43	0.43	-0.04	0.18	-0.43	0.37	-0.01	-0.33	0.0	-0.53	-0.32	0.36	-0.06	-0.32	-0.32	0.34	0.41	-0.43	0.01	-0.71	1.0

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China World Account Relationship Matchups

China World fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.8B	12.1B	12.7B	12.8B	12.9B	9.6B
Total Stockholder Equity	7.6B	8.0B	8.6B	9.1B	9.7B	5.6B
Retained Earnings	4.7B	5.1B	5.8B	5.8B	6.3B	6.6B
Accounts Payable	24.4M	72.7M	67.1M	84.2M	97.0M	101.8M
Cash	1.2B	1.9B	3.0B	3.5B	4.1B	4.3B
Other Assets	213.2M	205.2M	194.9M	189.7M	218.2M	261.7M
Inventory	32.8M	34.0M	32.7M	32.1M	32.3M	22.5M
Total Liab	4.2B	4.1B	4.1B	3.7B	3.2B	4.0B
Property Plant Equipment	9.4B	9.4B	9.0B	8.6B	9.9B	7.7B
Long Term Debt	2.7B	2.6B	2.1B	2.1B	1.1B	2.1B
Intangible Assets	510.3M	494.7M	479.2M	463.8M	448.3M	872.5M
Other Current Liab	1.4B	1.2B	1.2B	39.3M	35.7M	33.9M
Total Current Liabilities	1.6B	1.4B	1.9B	1.6B	2.1B	1.5B
Net Tangible Assets	6.4B	7.1B	7.5B	8.2B	9.4B	7.0B
Net Receivables	422.9M	440.5M	368.5M	377.4M	258.2M	342.8M
Other Current Assets	50.2M	51.4M	38.1M	523.1K	287.8K	273.4K
Deferred Long Term Liab	136.6M	113.8M	104.1M	107.7M	97.0M	111.1M
Total Current Assets	1.7B	2.4B	3.4B	3.9B	4.4B	2.4B
Non Current Assets Total	10.1B	9.7B	9.3B	8.9B	8.5B	7.7B
Non Currrent Assets Other	24.9M	27.2M	30.1M	31.9M	37.0M	35.1M
Non Current Liabilities Total	2.7B	2.6B	2.2B	2.1B	1.1B	1.8B
Net Invested Capital	10.2B	10.7B	10.8B	11.2B	10.8B	11.3B
Net Working Capital	152.1M	952.9M	1.5B	2.4B	2.4B	2.5B

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Other Information on Investing in China Stock

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

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China Operating Income vs Total Operating Expenses Analysis

Operating Income vs Total Operating Expenses

Operating Income vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Operating Income

Total Operating Expenses

China World fundamental ratios Correlations

China World Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China World fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Cash	+ 0.97	Accounts Payable
Total Current Assets	+ 0.95	Net Tangible Assets
Long Term Investments	+ 0.94	Net Tangible Assets
Total Stockholder Equity	+ 0.92	Total Assets
Property Plant Equipment	+ 0.92	Total Assets

Non Current Assets Total	- 0.98	Cash
Deferred Long Term Liab	- 0.97	Net Tangible Assets
Non Current Assets Total	- 0.96	Accounts Payable
Intangible Assets	- 0.95	Total Assets
Long Term Investments	- 0.94	Deferred Long Term Liab
Non Currrent Assets Other	- 0.93	Net Receivables