Datang Operating Income vs Selling General Administrative Analysis

600744 Stock

3.35 0.07 2.05%

Datang HuaYin financial indicator trend analysis is much more than just examining Datang HuaYin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datang HuaYin Electric is a good investment. Please check the relationship between Datang HuaYin Operating Income and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang HuaYin Electric. 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 Selling General Administrative

Operating Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Datang HuaYin's Operating Income and Selling General Administrative is 0.46. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Datang HuaYin Electric, assuming nothing else is changed. The correlation between historical values of Datang HuaYin's Operating Income and Selling General Administrative 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 Datang HuaYin Electric are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Datang HuaYin's Operating Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.46

Relationship Direction	Positive
Relationship Strength	Weak

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Operating Income

Operating Income is the amount of profit realized from Datang HuaYin Electric 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 Datang HuaYin Electric 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.

Selling General Administrative

Most indicators from Datang HuaYin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datang HuaYin Electric 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 Datang HuaYin Electric. 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 Tax Provision is expected to grow to about 39.7 M, whereas Selling General Administrative is forecasted to decline to about 17 M.

Datang HuaYin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.21	0.79	0.02	0.19	-0.75	0.52	0.39	0.84	0.8	0.31	-0.09	0.46	0.33	0.98	0.66	0.75	0.95	0.3	-0.44	0.5	0.61	0.42	0.3	0.44	0.17
Other Current Liab	0.21		0.33	0.37	0.48	0.15	-0.23	0.08	0.36	-0.18	0.55	0.53	0.47	-0.04	0.15	0.53	0.33	0.29	-0.55	0.39	0.1	0.01	0.18	0.02	-0.09	-0.71
Total Current Liabilities	0.79	0.33		-0.2	0.11	-0.75	0.56	0.52	0.74	0.38	0.31	0.02	0.43	0.34	0.83	0.4	0.68	0.69	0.14	-0.54	0.69	0.72	0.8	0.59	0.65	-0.15
Total Stockholder Equity	0.02	0.37	-0.2		0.24	0.37	-0.63	-0.21	0.36	-0.16	0.05	0.14	0.04	-0.48	-0.18	0.4	0.43	0.16	-0.17	0.47	-0.23	0.06	-0.21	-0.47	-0.22	-0.21
Other Liab	0.19	0.48	0.11	0.24		0.03	-0.02	0.16	0.19	-0.02	-0.06	0.13	0.06	0.27	0.13	0.12	0.11	0.31	-0.16	0.27	0.23	0.03	-0.01	-0.13	0.05	-0.34
Retained Earnings	-0.75	0.15	-0.75	0.37	0.03		-0.51	-0.56	-0.63	-0.59	-0.02	0.52	-0.2	-0.44	-0.8	-0.22	-0.57	-0.59	-0.55	0.89	-0.71	-0.77	-0.68	-0.67	-0.81	-0.25
Accounts Payable	0.52	-0.23	0.56	-0.63	-0.02	-0.51		0.11	0.21	0.54	0.21	-0.02	0.38	0.52	0.63	0.06	-0.03	0.51	0.16	-0.32	0.17	0.14	0.25	0.25	0.19	0.21
Cash	0.39	0.08	0.52	-0.21	0.16	-0.56	0.11		0.27	0.13	-0.33	0.0	-0.26	0.07	0.43	0.08	0.42	0.18	0.0	-0.59	0.78	0.47	0.55	0.79	0.65	-0.13
Other Assets	0.84	0.36	0.74	0.36	0.19	-0.63	0.21	0.27		0.47	0.41	-0.18	0.48	0.13	0.75	0.64	0.85	0.83	0.22	-0.32	0.41	0.69	0.54	0.24	0.51	-0.08
Long Term Debt	0.8	-0.18	0.38	-0.16	-0.02	-0.59	0.54	0.13	0.47		0.21	-0.2	0.26	0.35	0.81	0.44	0.37	0.74	0.44	-0.35	0.19	0.34	-0.02	0.04	0.15	0.55
Net Receivables	0.31	0.55	0.31	0.05	-0.06	-0.02	0.21	-0.33	0.41	0.21		0.17	0.68	-0.04	0.3	0.51	0.05	0.39	-0.19	0.29	-0.24	-0.11	0.07	-0.12	-0.17	-0.23
Short Term Investments	-0.09	0.53	0.02	0.14	0.13	0.52	-0.02	0.0	-0.18	-0.2	0.17		0.16	-0.14	-0.08	0.22	-0.04	-0.01	-0.85	0.6	-0.26	-0.39	-0.26	-0.21	-0.57	-0.59
Inventory	0.46	0.47	0.43	0.04	0.06	-0.2	0.38	-0.26	0.48	0.26	0.68	0.16		0.15	0.44	0.69	0.22	0.6	-0.23	0.08	-0.2	0.0	0.07	0.02	-0.16	-0.28
Other Current Assets	0.33	-0.04	0.34	-0.48	0.27	-0.44	0.52	0.07	0.13	0.35	-0.04	-0.14	0.15		0.42	-0.22	0.07	0.31	0.24	-0.34	0.26	0.22	0.22	0.28	0.22	0.12
Total Liab	0.98	0.15	0.83	-0.18	0.13	-0.8	0.63	0.43	0.75	0.81	0.3	-0.08	0.44	0.42		0.57	0.66	0.89	0.31	-0.52	0.54	0.6	0.46	0.4	0.48	0.19
Intangible Assets	0.66	0.53	0.4	0.4	0.12	-0.22	0.06	0.08	0.64	0.44	0.51	0.22	0.69	-0.22	0.57		0.58	0.73	-0.17	0.04	0.03	0.16	0.04	-0.02	-0.06	-0.15
Common Stock	0.75	0.33	0.68	0.43	0.11	-0.57	-0.03	0.42	0.85	0.37	0.05	-0.04	0.22	0.07	0.66	0.58		0.67	0.22	-0.42	0.57	0.8	0.56	0.28	0.53	-0.05
Property Plant Equipment	0.95	0.29	0.69	0.16	0.31	-0.59	0.51	0.18	0.83	0.74	0.39	-0.01	0.6	0.31	0.89	0.73	0.67		0.16	-0.21	0.27	0.45	0.25	0.09	0.23	0.06
Good Will	0.3	-0.55	0.14	-0.17	-0.16	-0.55	0.16	0.0	0.22	0.44	-0.19	-0.85	-0.23	0.24	0.31	-0.17	0.22	0.16		-0.62	0.41	0.53	0.29	0.12	0.58	0.83
Net Tangible Assets	-0.44	0.39	-0.54	0.47	0.27	0.89	-0.32	-0.59	-0.32	-0.35	0.29	0.6	0.08	-0.34	-0.52	0.04	-0.42	-0.21	-0.62		-0.72	-0.7	-0.67	-0.77	-0.82	-0.37
Deferred Long Term Liab	0.5	0.1	0.69	-0.23	0.23	-0.71	0.17	0.78	0.41	0.19	-0.24	-0.26	-0.2	0.26	0.54	0.03	0.57	0.27	0.41	-0.72		0.78	0.81	0.69	0.89	0.09
Long Term Investments	0.61	0.01	0.72	0.06	0.03	-0.77	0.14	0.47	0.69	0.34	-0.11	-0.39	0.0	0.22	0.6	0.16	0.8	0.45	0.53	-0.7	0.78		0.77	0.44	0.84	0.12
Short Long Term Debt	0.42	0.18	0.8	-0.21	-0.01	-0.68	0.25	0.55	0.54	-0.02	0.07	-0.26	0.07	0.22	0.46	0.04	0.56	0.25	0.29	-0.67	0.81	0.77		0.7	0.89	-0.13
Total Current Assets	0.3	0.02	0.59	-0.47	-0.13	-0.67	0.25	0.79	0.24	0.04	-0.12	-0.21	0.02	0.28	0.4	-0.02	0.28	0.09	0.12	-0.77	0.69	0.44	0.7		0.7	-0.08
Short Term Debt	0.44	-0.09	0.65	-0.22	0.05	-0.81	0.19	0.65	0.51	0.15	-0.17	-0.57	-0.16	0.22	0.48	-0.06	0.53	0.23	0.58	-0.82	0.89	0.84	0.89	0.7		0.15
Non Current Assets Total	0.17	-0.71	-0.15	-0.21	-0.34	-0.25	0.21	-0.13	-0.08	0.55	-0.23	-0.59	-0.28	0.12	0.19	-0.15	-0.05	0.06	0.83	-0.37	0.09	0.12	-0.13	-0.08	0.15

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Datang HuaYin Account Relationship Matchups

Datang HuaYin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.4B	18.1B	19.8B	21.5B	24.1B	15.7B
Other Current Liab	2.2B	2.6B	1.9B	507.4M	190.7M	181.1M
Total Current Liabilities	11.0B	8.2B	11.6B	9.3B	9.6B	5.7B
Total Stockholder Equity	3.1B	3.0B	532.9M	1.4B	1.7B	1.9B
Other Liab	402.7M	433.1M	1.7B	267.2M	307.2M	424.2M
Retained Earnings	(3.6B)	(3.6B)	(5.9B)	(5.9B)	(6.1B)	(5.8B)
Accounts Payable	1.5B	734.0M	1.8B	1.7B	1.8B	1.2B
Cash	892.7M	1.4B	1.0B	2.0B	730.6M	713.9M
Other Assets	401.2M	475.6M	345.7M	341.9M	393.2M	354.6M
Long Term Debt	5.1B	5.2B	6.1B	9.7B	12.2B	6.6B
Net Receivables	3.1B	1.8B	2.4B	1.3B	1.8B	1.9B
Inventory	889.1M	565.1M	1.1B	542.3M	578.6M	715.8M
Other Current Assets	255.8M	356.9M	612.8M	291.0M	556.7M	351.5M
Total Liab	16.4B	15.1B	19.2B	20.0B	22.2B	12.9B
Intangible Assets	817.5M	817.8M	973.8M	822.3M	757.2M	617.1M
Property Plant Equipment	11.8B	11.8B	11.1B	11.8B	13.6B	9.6B
Net Tangible Assets	2.2B	2.3B	2.2B	(432.4M)	(389.2M)	(369.7M)
Deferred Long Term Liab	29.1M	74.0M	123.4M	100.0M	115.0M	59.0M
Short Long Term Debt	5.1B	3.7B	5.3B	3.3B	3.8B	3.6B
Total Current Assets	5.1B	4.6B	5.9B	5.9B	4.5B	5.1B
Non Current Assets Total	14.2B	13.4B	14.0B	15.5B	19.6B	16.6B
Non Currrent Assets Other	392.7M	211.9M	234.0M	775.8M	2.5B	2.6B
Non Current Liabilities Total	5.5B	6.9B	7.6B	10.7B	12.6B	9.4B
Non Current Liabilities Other	39.5M	14.6M	33.6M	24.7M	6.5M	6.1M
Net Debt	8.4B	7.5B	10.4B	11.0B	15.3B	10.8B
Net Invested Capital	12.4B	11.9B	12.0B	14.4B	17.8B	14.3B
Net Working Capital	(5.9B)	(3.6B)	(5.7B)	(3.3B)	(5.1B)	(5.4B)

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Other Information on Investing in Datang Stock

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

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Datang Operating Income vs Selling General Administrative Analysis

Operating Income vs Selling General Administrative

Operating Income vs Selling General Administrative Correlation Analysis

Correlation Coefficient

Operating Income

Selling General Administrative

Datang HuaYin fundamental ratios Correlations

Datang HuaYin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Datang HuaYin fundamental ratios Accounts

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Other Information on Investing in Datang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.98	Total Assets
Property Plant Equipment	+ 0.95	Total Assets
Net Tangible Assets	+ 0.89	Retained Earnings
Property Plant Equipment	+ 0.89	Total Liab
Short Term Debt	+ 0.89	Deferred Long Term Liab
Short Term Debt	+ 0.89	Short Long Term Debt

Good Will	- 0.85	Short Term Investments
Short Term Debt	- 0.82	Net Tangible Assets
Short Term Debt	- 0.81	Retained Earnings
Total Liab	- 0.8	Retained Earnings
Total Current Assets	- 0.77	Net Tangible Assets
Long Term Investments	- 0.77	Retained Earnings