Hubei Total Operating Expenses vs Operating Income Analysis

600141 Stock   21.87  0.23  1.06%   
Hubei Xingfa financial indicator trend analysis is much more than just examining Hubei Xingfa Chemicals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Xingfa Chemicals is a good investment. Please check the relationship between Hubei Xingfa Total Operating Expenses and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Xingfa Chemicals. 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Xingfa Chemicals Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Xingfa's Total Operating Expenses and Operating Income is 0.53. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hubei Xingfa Chemicals, assuming nothing else is changed. The correlation between historical values of Hubei Xingfa's Total Operating Expenses and Operating 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 Total Operating Expenses of Hubei Xingfa Chemicals are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Hubei Xingfa's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Operating Income

Operating Income is the amount of profit realized from Hubei Xingfa Chemicals 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 Hubei Xingfa Chemicals 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.
Most indicators from Hubei Xingfa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Xingfa Chemicals 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 Hubei Xingfa Chemicals. 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 410.7 M, whereas Tax Provision is forecasted to decline to about 367.3 M.
 2022 2023 2024 2025 (projected)
Operating Income8.5B2.3B2.7B2.8B
Total Revenue30.3B28.1B32.3B33.9B

Hubei Xingfa fundamental ratios Correlations

-0.030.820.970.940.930.970.780.930.350.950.150.970.770.940.960.950.720.570.93-0.150.80.760.050.820.74
-0.030.43-0.170.17-0.28-0.140.25-0.290.310.140.720.120.250.090.190.17-0.31-0.26-0.10.460.260.330.720.070.33
0.820.430.680.920.560.730.620.630.610.860.660.920.820.830.930.890.430.280.670.160.80.780.50.610.79
0.97-0.170.680.860.990.980.790.930.180.91-0.050.890.660.90.870.890.740.630.97-0.230.760.72-0.080.860.7
0.940.170.920.860.780.850.750.820.530.910.360.970.860.920.980.930.620.350.83-0.040.790.770.210.740.74
0.93-0.280.560.990.780.950.750.930.090.84-0.20.810.590.840.790.810.730.650.95-0.290.670.63-0.230.830.6
0.97-0.140.730.980.850.950.740.910.190.910.070.90.620.940.890.90.750.670.96-0.240.810.770.020.850.74
0.780.250.620.790.750.750.740.660.130.840.10.710.620.810.770.770.620.410.81-0.260.720.70.070.890.67
0.93-0.290.630.930.820.930.910.660.30.82-0.080.880.650.820.830.810.760.610.84-0.260.610.56-0.20.690.54
0.350.310.610.180.530.090.190.130.30.360.530.520.570.260.480.430.030.10.070.320.260.310.250.080.29
0.950.140.860.910.910.840.910.840.820.360.310.930.730.940.950.960.670.540.91-0.110.870.830.220.870.83
0.150.720.66-0.050.36-0.20.070.1-0.080.530.310.360.330.30.390.34-0.08-0.140.010.380.460.460.880.080.5
0.970.120.920.890.970.810.90.710.880.520.930.360.830.920.990.950.640.470.83-0.040.80.760.20.720.75
0.770.250.820.660.860.590.620.620.650.570.730.330.830.710.820.750.470.210.58-0.040.550.520.120.520.51
0.940.090.830.90.920.840.940.810.820.260.940.30.920.710.940.910.780.530.92-0.260.890.850.220.880.82
0.960.190.930.870.980.790.890.770.830.480.950.390.990.820.940.960.650.40.85-0.040.830.790.260.770.79
0.950.170.890.890.930.810.90.770.810.430.960.340.950.750.910.960.640.490.880.040.850.820.270.790.82
0.72-0.310.430.740.620.730.750.620.760.030.67-0.080.640.470.780.650.640.540.73-0.650.530.47-0.190.690.42
0.57-0.260.280.630.350.650.670.410.610.10.54-0.140.470.210.530.40.490.540.58-0.340.480.51-0.190.640.43
0.93-0.10.670.970.830.950.960.810.840.070.910.010.830.580.920.850.880.730.58-0.240.830.790.020.910.76
-0.150.460.16-0.23-0.04-0.29-0.24-0.26-0.260.32-0.110.38-0.04-0.04-0.26-0.040.04-0.65-0.34-0.240.020.060.53-0.350.15
0.80.260.80.760.790.670.810.720.610.260.870.460.80.550.890.830.850.530.480.830.020.980.530.850.99
0.760.330.780.720.770.630.770.70.560.310.830.460.760.520.850.790.820.470.510.790.060.980.530.850.98
0.050.720.5-0.080.21-0.230.020.07-0.20.250.220.880.20.120.220.260.27-0.19-0.190.020.530.530.530.090.6
0.820.070.610.860.740.830.850.890.690.080.870.080.720.520.880.770.790.690.640.91-0.350.850.850.090.8
0.740.330.790.70.740.60.740.670.540.290.830.50.750.510.820.790.820.420.430.760.150.990.980.60.8
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Hubei Xingfa Account Relationship Matchups

Hubei Xingfa fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets29.5B33.5B41.6B44.6B51.2B53.8B
Other Current Liab2.5B1.9B2.0B257.0M295.6M280.8M
Total Current Liabilities13.1B12.9B10.7B11.8B13.6B14.3B
Total Stockholder Equity9.5B13.8B20.3B20.7B23.8B25.0B
Other Liab901.3M1.1B1.2B1.3B1.5B1.6B
Retained Earnings2.6B6.5B11.0B11.3B13.0B13.6B
Accounts Payable3.3B3.8B4.6B5.9B6.8B7.1B
Cash2.2B3.2B4.7B2.2B2.6B2.7B
Long Term Debt4.5B3.8B7.9B9.1B10.4B11.0B
Net Receivables868.2M933.7M928.0M1.2B1.4B761.6M
Inventory1.5B2.4B2.5B2.2B2.6B2.7B
Other Current Assets970.3M739.8M212.9M347.0M399.1M378.3M
Total Liab18.7B18.1B20.3B22.6B26.0B27.3B
Intangible Assets2.0B2.0B2.5B2.1B2.4B2.6B
Common Stock727.2M1.0B1.1B1.1B1.3B1.3B
Property Plant Equipment15.3B16.6B18.0B19.4B22.3B23.4B
Other Assets627.9M594.5M546.9M730.5M840.1M882.1M
Good Will806.7M831.2M948.4M999.5M1.1B955.0M
Net Tangible Assets5.2B5.2B6.7B11.0B12.6B13.3B
Other Stockholder Equity1.0B18.5M4.7M(7.4M)(6.7M)(6.4M)
Deferred Long Term Liab243.9M279.3M285.5M272.9M313.8M231.7M
Short Long Term Debt6.6B4.0B1.9B1.7B1.5B1.5B
Total Current Assets6.5B8.4B9.3B7.6B8.8B7.0B
Non Current Assets Total22.9B25.1B32.3B36.9B42.5B26.6B
Non Currrent Assets Other142.1M275.8M432.9M99.1M89.2M84.7M
Non Current Liabilities Total5.7B5.2B9.6B10.8B12.4B6.8B
Non Current Liabilities Other2.6B4.6B525.7M587.1M528.4M502.0M
Net Debt8.9B4.6B5.2B8.5B7.7B6.0B
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.3B1.1B
Net Invested Capital20.6B21.6B30.2B31.5B36.2B24.4B
Net Working Capital(6.4B)(4.6B)(1.4B)(4.2B)(4.8B)(5.1B)
Capital Stock1.1B1.1B1.1B1.1B1.3B1.1B
Property Plant And Equipment Net18.5B20.0B25.9B31.2B35.8B24.8B
Property Plant And Equipment Gross24.2B26.0B33.0B40.3B46.3B32.0B

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Other Information on Investing in Hubei Stock

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