China Operating Income vs Total Other Income Expense Net Analysis

600007 Stock   21.94  0.81  3.56%   
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 Other Income Expense Net 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 Other Income Expense Net

Operating Income vs Total Other Income Expense Net 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 Other Income Expense Net. At this time, the significance of the direction appears to have strong relationship.
The correlation between China World's Operating Income and Total Other Income Expense Net is 0.76. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net 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 Other Income Expense Net 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 Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., China World's Operating Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Other Income Expense Net

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 Income1.4B1.4B1.7B1.8B
Total Revenue3.6B3.4B4.0B2.0B

China World fundamental ratios Correlations

0.920.260.750.490.47-0.210.830.470.780.920.04-0.95-0.170.230.690.60.16-0.650.680.61-0.4-0.64-0.280.060.06
0.920.440.860.670.66-0.40.750.10.690.74-0.29-0.93-0.350.120.890.710.05-0.830.870.83-0.57-0.77-0.480.250.25
0.260.440.310.130.11-0.77-0.02-0.34-0.210.07-0.63-0.390.170.370.490.520.46-0.450.560.35-0.07-0.510.01-0.14-0.14
0.750.860.310.880.88-0.420.54-0.010.640.56-0.4-0.84-0.57-0.010.920.79-0.11-0.930.830.85-0.87-0.86-0.60.280.28
0.490.670.130.880.97-0.350.38-0.260.520.25-0.45-0.56-0.8-0.20.860.63-0.43-0.860.70.9-0.96-0.71-0.720.430.43
0.470.660.110.880.97-0.330.32-0.280.520.22-0.5-0.54-0.84-0.160.850.57-0.51-0.830.670.91-0.98-0.69-0.770.430.43
-0.21-0.4-0.77-0.42-0.35-0.33-0.040.380.130.020.610.330.09-0.12-0.53-0.53-0.210.53-0.56-0.440.310.530.17-0.04-0.04
0.830.75-0.020.540.380.32-0.040.420.680.780.31-0.76-0.1-0.140.540.530.17-0.540.610.49-0.25-0.49-0.170.180.18
0.470.1-0.34-0.01-0.26-0.280.380.420.440.680.77-0.350.370.32-0.25-0.070.290.24-0.24-0.320.290.110.38-0.43-0.43
0.780.69-0.210.640.520.520.130.680.440.830.1-0.7-0.420.170.530.23-0.21-0.470.450.51-0.5-0.4-0.590.370.37
0.920.740.070.560.250.220.020.780.680.830.25-0.860.00.360.450.390.25-0.410.470.32-0.19-0.45-0.18-0.01-0.01
0.04-0.29-0.63-0.4-0.45-0.50.610.310.770.10.250.110.41-0.14-0.55-0.30.160.49-0.5-0.530.50.430.55-0.33-0.33
-0.95-0.93-0.39-0.84-0.56-0.540.33-0.76-0.35-0.7-0.860.110.18-0.23-0.79-0.77-0.230.78-0.8-0.640.50.820.310.00.0
-0.17-0.350.17-0.57-0.8-0.840.09-0.10.37-0.420.00.410.180.28-0.54-0.190.840.5-0.35-0.70.840.340.8-0.53-0.53
0.230.120.37-0.01-0.2-0.16-0.12-0.140.320.170.36-0.14-0.230.280.01-0.180.250.14-0.04-0.080.18-0.02-0.04-0.32-0.32
0.690.890.490.920.860.85-0.530.54-0.250.530.45-0.55-0.79-0.540.010.79-0.09-0.970.940.95-0.8-0.88-0.650.360.36
0.60.710.520.790.630.57-0.530.53-0.070.230.39-0.3-0.77-0.19-0.180.790.27-0.890.840.64-0.58-0.93-0.14-0.06-0.06
0.160.050.46-0.11-0.43-0.51-0.210.170.29-0.210.250.16-0.230.840.25-0.090.270.020.14-0.350.49-0.10.57-0.32-0.32
-0.65-0.83-0.45-0.93-0.86-0.830.53-0.540.24-0.47-0.410.490.780.50.14-0.97-0.890.02-0.94-0.880.820.920.55-0.32-0.32
0.680.870.560.830.70.67-0.560.61-0.240.450.47-0.5-0.8-0.35-0.040.940.840.14-0.940.82-0.64-0.89-0.530.340.34
0.610.830.350.850.90.91-0.440.49-0.320.510.32-0.53-0.64-0.7-0.080.950.64-0.35-0.880.82-0.83-0.74-0.710.410.41
-0.4-0.57-0.07-0.87-0.96-0.980.31-0.250.29-0.5-0.190.50.50.840.18-0.8-0.580.490.82-0.64-0.830.70.78-0.43-0.43
-0.64-0.77-0.51-0.86-0.71-0.690.53-0.490.11-0.4-0.450.430.820.34-0.02-0.88-0.93-0.10.92-0.89-0.740.70.40.010.01
-0.28-0.480.01-0.6-0.72-0.770.17-0.170.38-0.59-0.180.550.310.8-0.04-0.65-0.140.570.55-0.53-0.710.780.4-0.71-0.71
0.060.25-0.140.280.430.43-0.040.18-0.430.37-0.01-0.330.0-0.53-0.320.36-0.06-0.32-0.320.340.41-0.430.01-0.711.0
0.060.25-0.140.280.430.43-0.040.18-0.430.37-0.01-0.330.0-0.53-0.320.36-0.06-0.32-0.320.340.41-0.430.01-0.711.0
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China World Account Relationship Matchups

China World fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.8B12.1B12.7B12.8B12.9B9.6B
Total Stockholder Equity7.6B8.0B8.6B9.1B9.7B5.6B
Retained Earnings4.7B5.1B5.8B5.8B6.3B6.6B
Accounts Payable24.4M72.7M67.1M84.2M97.0M101.8M
Cash1.2B1.9B3.0B3.5B4.1B4.3B
Other Assets213.2M205.2M194.9M189.7M218.2M261.7M
Inventory32.8M34.0M32.7M32.1M32.3M22.5M
Total Liab4.2B4.1B4.1B3.7B3.2B4.0B
Property Plant Equipment9.4B9.4B9.0B8.6B9.9B7.7B
Long Term Debt2.7B2.6B2.1B2.1B1.1B2.1B
Intangible Assets510.3M494.7M479.2M463.8M448.3M872.5M
Other Current Liab1.4B1.2B1.2B39.3M35.7M33.9M
Total Current Liabilities1.6B1.4B1.9B1.6B2.1B1.5B
Net Tangible Assets6.4B7.1B7.5B8.2B9.4B7.0B
Net Receivables422.9M440.5M368.5M377.4M258.2M342.8M
Other Current Assets50.2M51.4M38.1M523.1K287.8K273.4K
Deferred Long Term Liab136.6M113.8M104.1M107.7M97.0M111.1M
Total Current Assets1.7B2.4B3.4B3.9B4.4B2.4B
Non Current Assets Total10.1B9.7B9.3B8.9B8.5B7.7B
Non Currrent Assets Other24.9M27.2M30.1M31.9M37.0M35.1M
Non Current Liabilities Total2.7B2.6B2.2B2.1B1.1B1.8B
Net Invested Capital10.2B10.7B10.8B11.2B10.8B11.3B
Net Working Capital152.1M952.9M1.5B2.4B2.4B2.5B

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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.