China Net Interest Income vs Other Operating Expenses Analysis

600536 Stock   54.10  1.34  2.42%   
China National financial indicator trend analysis is way more than just evaluating China National Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China National Software is a good investment. Please check the relationship between China National Net Interest Income and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China National Software. 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 Interest Income vs Other Operating Expenses

Net Interest Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China National Software Net Interest Income account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.
The correlation between China National's Net Interest Income and Other Operating Expenses is -0.91. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of China National Software, assuming nothing else is changed. The correlation between historical values of China National's Net Interest Income and Other 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 Net Interest Income of China National Software are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Interest Income i.e., China National's Net Interest Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of China National Software. It is also known as China National overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from China National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China National Software 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 National Software. 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 676.1 M, whereas Discontinued Operations is forecasted to decline to (743.4 K).
 2021 2022 2023 2024 (projected)
Other Operating Expenses275.7M358.1M411.8M432.4M
Gross Profit3.1B3.0B2.5B2.4B

China National fundamental ratios Correlations

0.270.980.750.750.950.760.810.870.80.10.990.660.840.860.09-0.840.87-0.450.830.830.840.740.860.74-0.16
0.270.310.430.570.410.670.040.330.710.90.3-0.19-0.07-0.020.4-0.31-0.02-0.27-0.030.31-0.110.210.39-0.25-0.39
0.980.310.680.720.980.730.810.850.830.081.00.560.770.770.05-0.780.84-0.390.850.860.860.760.930.75-0.13
0.750.430.680.930.70.880.430.910.740.450.680.490.670.630.14-0.860.55-0.490.530.610.350.640.470.38-0.2
0.750.570.720.930.780.880.440.890.850.50.710.340.580.50.09-0.860.53-0.510.520.730.330.740.560.32-0.27
0.950.410.980.70.780.760.740.860.890.160.970.450.70.660.01-0.770.79-0.380.820.90.790.820.930.68-0.2
0.760.670.730.880.880.760.440.820.880.620.720.330.530.550.3-0.710.54-0.470.460.70.370.540.650.35-0.15
0.810.040.810.430.440.740.440.590.51-0.170.830.550.680.780.31-0.680.74-0.240.790.640.830.610.720.72-0.1
0.870.330.850.910.890.860.820.590.820.220.840.50.720.660.01-0.820.68-0.480.750.810.590.780.710.65-0.11
0.80.710.830.740.850.890.880.510.820.520.830.190.440.490.22-0.670.58-0.370.570.850.520.660.840.46-0.3
0.10.90.080.450.50.160.62-0.170.220.520.07-0.12-0.1-0.030.44-0.26-0.14-0.33-0.260.08-0.33-0.040.09-0.42-0.36
0.990.31.00.680.710.970.720.830.840.830.070.570.770.80.08-0.780.86-0.380.860.870.880.760.920.77-0.16
0.66-0.190.560.490.340.450.330.550.50.19-0.120.570.920.84-0.12-0.650.76-0.550.590.280.620.370.30.52-0.14
0.84-0.070.770.670.580.70.530.680.720.44-0.10.770.920.86-0.12-0.80.88-0.50.760.550.740.630.510.65-0.15
0.86-0.020.770.630.50.660.550.780.660.49-0.030.80.840.860.22-0.760.84-0.390.690.540.790.460.560.71-0.13
0.090.40.050.140.090.010.30.310.010.220.440.08-0.12-0.120.22-0.08-0.10.04-0.19-0.06-0.06-0.250.07-0.08-0.1
-0.84-0.31-0.78-0.86-0.86-0.77-0.71-0.68-0.82-0.67-0.26-0.78-0.65-0.8-0.76-0.08-0.70.48-0.67-0.65-0.54-0.74-0.54-0.450.32
0.87-0.020.840.550.530.790.540.740.680.58-0.140.860.760.880.84-0.1-0.7-0.380.850.760.90.70.710.81-0.24
-0.45-0.27-0.39-0.49-0.51-0.38-0.47-0.24-0.48-0.37-0.33-0.38-0.55-0.5-0.390.040.48-0.38-0.21-0.35-0.16-0.23-0.25-0.120.03
0.83-0.030.850.530.520.820.460.790.750.57-0.260.860.590.760.69-0.19-0.670.85-0.210.780.890.870.760.88-0.22
0.830.310.860.610.730.90.70.640.810.850.080.870.280.550.54-0.06-0.650.76-0.350.780.720.780.880.74-0.08
0.84-0.110.860.350.330.790.370.830.590.52-0.330.880.620.740.79-0.06-0.540.9-0.160.890.720.640.820.9-0.11
0.740.210.760.640.740.820.540.610.780.66-0.040.760.370.630.46-0.25-0.740.7-0.230.870.780.640.660.61-0.41
0.860.390.930.470.560.930.650.720.710.840.090.920.30.510.560.07-0.540.71-0.250.760.880.820.660.71-0.08
0.74-0.250.750.380.320.680.350.720.650.46-0.420.770.520.650.71-0.08-0.450.81-0.120.880.740.90.610.710.06
-0.16-0.39-0.13-0.2-0.27-0.2-0.15-0.1-0.11-0.3-0.36-0.16-0.14-0.15-0.13-0.10.32-0.240.03-0.22-0.08-0.11-0.41-0.080.06
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China National Account Relationship Matchups

China National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B8.7B10.9B10.3B9.3B9.7B
Other Current Liab777.0M1.3B1.6B20.6M22.0M20.9M
Total Current Liabilities3.5B5.4B6.4B5.9B5.0B5.2B
Total Stockholder Equity2.3B2.3B2.4B2.5B2.3B1.5B
Retained Earnings803.0M824.5M879.3M828.6M573.4M424.8M
Accounts Payable2.3B3.5B4.1B3.5B2.6B2.7B
Cash2.6B2.5B3.3B2.4B1.9B1.4B
Other Assets117.4M150.5M183.5M229.4M263.8M276.9M
Net Receivables1.6B2.1B2.1B2.5B2.1B1.1B
Inventory1.1B1.7B2.6B1.6B976.6M719.3M
Other Current Assets234.0M294.3M387.5M32.4M49.8M47.3M
Total Liab4.0B5.8B7.6B6.7B5.8B6.1B
Intangible Assets197.5M182.5M191.8M243.3M443.9M466.1M
Property Plant Equipment500.5M484.2M483.8M811.3M933.0M979.6M
Other Liab99.5M175.4M353.3M128.4M147.7M153.0M
Long Term Debt402.6M210M675M630M676M709.8M
Net Tangible Assets2.1B2.1B2.3B2.3B2.7B2.2B
Other Stockholder Equity(35.8M)(33.2M)(34.3M)(29.5M)(33.9M)(35.6M)
Deferred Long Term Liab9.9M17.0M29.8M65.5M75.3M79.1M
Total Current Assets5.5B7.4B8.7B7.4B6.3B6.5B
Non Current Assets Total1.3B1.3B2.2B2.9B2.9B2.0B
Non Currrent Assets Other7.5M7.2M8.5K13.8M4.6M5.9M
Non Current Liabilities Total489.5M385.4M1.2B855.5M844.6M709.6M
Short Long Term Debt249.9M308.1M302.8M415.9M557.8M377.1M
Non Current Liabilities Other390M15.5M42.1M29.5M30.1M28.6M
Net Invested Capital2.9B2.8B3.4B3.5B3.5B3.4B
Net Working Capital2.0B1.9B2.4B1.5B1.3B1.5B

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Other Information on Investing in China Stock

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