Lao Ebit vs Net Income From Continuing Ops Analysis
600612 Stock | 51.69 1.16 2.30% |
Lao Feng financial indicator trend analysis is infinitely more than just investigating Lao Feng Xiang recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lao Feng Xiang is a good investment. Please check the relationship between Lao Feng Ebit and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lao Feng Xiang. 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.
Ebit vs Net Income From Continuing Ops
Ebit vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lao Feng Xiang Ebit account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lao Feng's Ebit and Net Income From Continuing Ops is 0.97. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Lao Feng Xiang, assuming nothing else is changed. The correlation between historical values of Lao Feng's Ebit and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Lao Feng Xiang are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Ebit i.e., Lao Feng's Ebit and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebit
Net Income From Continuing Ops
Most indicators from Lao Feng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lao Feng Xiang 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 Lao Feng Xiang. 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 596.7 M, whereas Tax Provision is forecasted to decline to about 753.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 3.2B | 3.4B | 4.3B | 4.5B | Total Revenue | 58.7B | 63.0B | 71.4B | 75.0B |
Lao Feng fundamental ratios Correlations
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Lao Feng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lao Feng fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.2B | 19.6B | 22.3B | 26.0B | 24.3B | 25.6B | |
Other Current Liab | 648.2M | 1.4B | 1.3B | 4.4B | 43.3M | 41.1M | |
Total Current Liabilities | 7.7B | 9.2B | 10.1B | 13.5B | 10.1B | 5.3B | |
Total Stockholder Equity | 7.0B | 8.0B | 9.2B | 10.1B | 11.6B | 12.2B | |
Other Liab | 93.2M | 79.2M | 56.4M | 54.1M | 62.2M | 71.0M | |
Accounts Payable | 522.9M | 480.5M | 524.1M | 815.0M | 503.6M | 734.3M | |
Cash | 4.3B | 5.6B | 7.0B | 5.6B | 9.3B | 9.8B | |
Other Assets | 324.6M | 334.6M | 333.6M | 379.9M | 436.9M | 332.6M | |
Net Receivables | 407.7M | 150.1M | 177.3M | 442.2M | 315.3M | 363.6M | |
Short Term Investments | 231.9M | 294.9M | 352.9M | 231.1M | 294.7M | 309.4M | |
Inventory | 11.4B | 11.9B | 12.5B | 16.8B | 12.3B | 12.9B | |
Other Current Assets | 40.4M | 656.8M | 862.2M | 1.3B | 704.9M | 740.2M | |
Total Liab | 8.8B | 10.1B | 11.4B | 14.0B | 10.6B | 5.6B | |
Intangible Assets | 93.6M | 89.2M | 57.9M | 56.2M | 53.1M | 47.3M | |
Property Plant Equipment | 346.7M | 376.9M | 860.4M | 808.2M | 929.5M | 480.7M | |
Retained Earnings | 6.0B | 7.0B | 8.2B | 9.1B | 10.3B | 10.8B | |
Net Tangible Assets | 6.9B | 7.9B | 9.1B | 10.1B | 11.6B | 7.6B | |
Other Stockholder Equity | (2.4M) | 1.9M | 5.7M | 796.0K | 716.4K | 680.6K | |
Deferred Long Term Liab | 42.4M | 45.6M | 50.0M | 63.5M | 57.1M | 49.8M | |
Total Current Assets | 16.4B | 18.8B | 21.0B | 24.7B | 23.0B | 18.9B | |
Non Current Assets Total | 775.9M | 811.6M | 1.3B | 1.3B | 1.3B | 1.2B | |
Non Current Liabilities Total | 1.1B | 979.2M | 1.3B | 560.3M | 516.2M | 803.4M | |
Short Long Term Debt | 7.1B | 6.3B | 7.7B | 6.9B | 5.6B | 6.5B | |
Net Invested Capital | 15.1B | 15.1B | 17.8B | 17.2B | 17.4B | 16.4B | |
Net Working Capital | 8.7B | 9.6B | 10.9B | 11.3B | 13.0B | 10.5B | |
Net Debt | 3.8B | 1.5B | 1.6B | 1.5B | 1.4B | 1.5B |
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Balance Sheet is a snapshot of the financial position of Lao Feng Xiang at a specified time, usually calculated after every quarter, six months, or one year. Lao Feng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lao Feng 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 Lao currently owns. An asset can also be divided into two categories, current and non-current.