Panda Operating Income vs Research Development Analysis

600599 Stock   14.32  0.62  4.53%   
Panda Financial financial indicator trend analysis is much more than just breaking down Panda Financial Holding prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Panda Financial Holding is a good investment. Please check the relationship between Panda Financial Operating Income and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Panda Financial Holding. 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.

Operating Income vs Research Development

Operating Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Panda Financial Holding Operating Income account and Research Development. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Panda Financial's Operating Income and Research Development is -0.43. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Panda Financial Holding, assuming nothing else is changed. The correlation between historical values of Panda Financial's Operating 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 Operating Income of Panda Financial Holding 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 Operating Income i.e., Panda Financial's Operating Income and Research Development go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Panda Financial Holding 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 Panda Financial Holding 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.

Research Development

Most indicators from Panda Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Panda Financial Holding 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 Panda Financial Holding. 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 42.2 M, whereas Tax Provision is forecasted to decline to about 15.9 M.
 2021 2022 2023 2024 (projected)
Operating Income81.6M106.8M44.5M39.7M
Total Revenue289.2M329.3M228.4M262.6M

Panda Financial fundamental ratios Correlations

0.550.670.90.32-0.10.550.31-0.220.190.680.50.81-0.16-0.680.340.370.50.10.270.1-0.330.10.54-0.14-0.33
0.550.810.250.5-0.220.30.44-0.05-0.220.80.470.110.32-0.130.490.7-0.090.40.490.40.310.4-0.040.530.18
0.670.810.290.340.060.40.40.03-0.061.00.290.310.15-0.420.350.60.230.090.310.090.00.090.270.25-0.03
0.90.250.290.24-0.150.470.17-0.280.30.290.460.86-0.28-0.640.230.140.50.10.190.1-0.420.10.53-0.32-0.41
0.320.50.340.24-0.01-0.10.010.030.280.340.34-0.120.340.080.460.49-0.350.670.870.670.40.67-0.130.520.36
-0.1-0.220.06-0.15-0.01-0.08-0.130.650.050.03-0.430.140.23-0.47-0.040.18-0.190.030.120.030.010.03-0.13-0.060.05
0.550.30.40.47-0.1-0.080.13-0.28-0.30.40.470.47-0.42-0.320.020.010.46-0.4-0.09-0.4-0.41-0.40.45-0.22-0.33
0.310.440.40.170.01-0.130.13-0.23-0.230.410.360.190.04-0.210.390.40.070.31-0.080.310.160.31-0.030.190.06
-0.22-0.050.03-0.280.030.65-0.28-0.230.160.01-0.46-0.050.66-0.240.170.46-0.61-0.020.05-0.020.47-0.02-0.560.390.49
0.19-0.22-0.060.30.280.05-0.3-0.230.16-0.07-0.290.20.27-0.16-0.19-0.060.080.050.190.05-0.20.050.22-0.2-0.22
0.680.81.00.290.340.030.40.410.01-0.070.320.310.13-0.410.380.590.250.070.30.070.00.070.270.26-0.01
0.50.470.290.460.34-0.430.470.36-0.46-0.290.320.24-0.07-0.060.70.410.050.110.190.110.20.11-0.020.340.2
0.810.110.310.86-0.120.140.470.19-0.050.20.310.24-0.27-0.90.150.160.54-0.12-0.06-0.12-0.48-0.120.48-0.42-0.46
-0.160.320.15-0.280.340.23-0.420.040.660.270.13-0.07-0.270.080.390.67-0.740.350.340.350.730.35-0.680.710.58
-0.68-0.13-0.42-0.640.08-0.47-0.32-0.21-0.24-0.16-0.41-0.06-0.90.08-0.22-0.35-0.340.060.010.060.310.06-0.30.270.3
0.340.490.350.230.46-0.040.020.390.17-0.190.380.70.150.39-0.220.84-0.440.320.340.320.680.32-0.510.740.69
0.370.70.60.140.490.180.010.40.46-0.060.590.410.160.67-0.350.84-0.510.380.420.380.680.38-0.510.770.6
0.5-0.090.230.5-0.35-0.190.460.07-0.610.080.250.050.54-0.74-0.34-0.44-0.51-0.41-0.33-0.41-0.92-0.410.95-0.82-0.86
0.10.40.090.10.670.03-0.40.31-0.020.050.070.11-0.120.350.060.320.38-0.410.751.00.451.0-0.290.410.28
0.270.490.310.190.870.12-0.09-0.080.050.190.30.19-0.060.340.010.340.42-0.330.750.750.340.75-0.130.460.28
0.10.40.090.10.670.03-0.40.31-0.020.050.070.11-0.120.350.060.320.38-0.411.00.750.451.0-0.290.410.28
-0.330.310.0-0.420.40.01-0.410.160.47-0.20.00.2-0.480.730.310.680.68-0.920.450.340.450.45-0.930.950.94
0.10.40.090.10.670.03-0.40.31-0.020.050.070.11-0.120.350.060.320.38-0.411.00.751.00.45-0.290.410.28
0.54-0.040.270.53-0.13-0.130.45-0.03-0.560.220.27-0.020.48-0.68-0.3-0.51-0.510.95-0.29-0.13-0.29-0.93-0.29-0.8-0.89
-0.140.530.25-0.320.52-0.06-0.220.190.39-0.20.260.34-0.420.710.270.740.77-0.820.410.460.410.950.41-0.80.91
-0.330.18-0.03-0.410.360.05-0.330.060.49-0.22-0.010.2-0.460.580.30.690.6-0.860.280.280.280.940.28-0.890.91
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Panda Financial Account Relationship Matchups

Panda Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets752.3M786.7M919.1M990.1M795.3M727.5M
Other Current Liab35.7M32.7M48.1M784.3K782K742.9K
Total Current Liabilities173.4M161.6M216.3M202.3M195.9M225.6M
Total Stockholder Equity579.0M625.1M697.1M787.3M576.8M476.4M
Retained Earnings(103.0M)(56.9M)15.1M88.1M(124.2M)(118.0M)
Accounts Payable41.3M34.7M71.3M47.1M53.7M40.3M
Cash230.6M31.7M371.9M161.3M390.8M410.4M
Net Receivables463.9M20.3M36.7M44.9M47.5M45.1M
Inventory12.7M19.6M34.2M19.7M26.9M36.8M
Other Current Assets2.1M1.5M1.9M687.7M120.8M104.8M
Total Liab173.4M161.6M217.1M202.8M199.1M235.9M
Intangible Assets9.1M8.9M8.6M8.4M8.2M14.9M
Property Plant Equipment72.6M1.2M711.9K6.1M5.5M5.3M
Other Assets33.4M7.9M6.4M2.5M2.9M2.7M
Short Term Investments101.3M62.3M24.8M18.4M16.6M15.8M
Net Tangible Assets648.5M569.8M616.2M688.4M619.6M519.1M
Deferred Long Term Liab6.7M6.0M5.8M1.6M1.5M1.4M
Total Current Assets734.1M770.7M896.8M970.0M770.6M848.8M
Non Current Assets Total18.2M15.9M22.3M20.1M24.7M23.5M
Short Long Term Debt90.2M90.1M89.2M85.1M80.1M108.0M
Net Invested Capital669.2M715.2M786.2M872.4M657.0M627.5M
Net Working Capital560.8M609.2M680.5M767.6M574.7M644.8M

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Other Information on Investing in Panda Stock

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