Xiamen Operating Income vs Total Other Income Expense Net Analysis

600755 Stock   6.63  0.02  0.30%   
Xiamen ITG financial indicator trend analysis is more than just analyzing Xiamen ITG Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen ITG Group is a good investment. Please check the relationship between Xiamen ITG Operating Income and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen ITG Group. 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 Total Other Income Expense Net

Operating Income vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiamen ITG Group Operating Income account and Total Other Income Expense Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Xiamen ITG's Operating Income and Total Other Income Expense Net is -0.09. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Xiamen ITG Group, assuming nothing else is changed. The correlation between historical values of Xiamen ITG's Operating Income and Total Other Income Expense Net 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 Xiamen ITG Group are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Operating Income i.e., Xiamen ITG's Operating Income and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Xiamen ITG Group 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 Xiamen ITG Group 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.

Total Other Income Expense Net

Most indicators from Xiamen ITG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen ITG Group 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 Xiamen ITG Group. 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 922.2 M, whereas Selling General Administrative is forecasted to decline to about 1.2 B.
 2021 2022 2023 2024 (projected)
Operating Income5.5B6.8B3.9B4.1B
Total Revenue464.8B521.9B468.2B491.7B

Xiamen ITG fundamental ratios Correlations

0.470.990.980.870.920.930.820.630.650.770.61.00.530.880.840.980.780.450.940.88-0.120.860.890.960.89
0.470.450.430.520.120.30.520.50.280.790.860.48-0.470.29-0.020.380.83-0.540.460.570.260.520.370.510.57
0.990.450.970.840.930.940.790.570.670.740.610.990.540.90.860.990.770.450.920.85-0.160.840.880.950.86
0.980.430.970.850.920.890.870.550.730.720.560.970.560.870.840.970.770.480.960.93-0.070.90.880.940.92
0.870.520.840.850.710.720.780.720.70.790.460.860.40.720.590.770.720.350.820.880.310.810.790.820.81
0.920.120.930.920.710.950.670.410.580.490.380.910.770.860.980.960.550.70.860.73-0.330.720.820.870.75
0.930.30.940.890.720.950.610.440.490.570.580.930.580.810.920.970.660.50.850.7-0.340.70.850.920.74
0.820.520.790.870.780.670.610.570.780.750.520.80.310.690.560.750.730.250.860.950.20.920.770.770.92
0.630.50.570.550.720.410.440.570.210.810.320.660.170.420.270.460.570.130.530.630.190.560.580.640.6
0.650.280.670.730.70.580.490.780.210.480.250.630.430.710.560.620.410.410.680.760.410.740.650.520.67
0.770.790.740.720.790.490.570.750.810.480.670.790.030.620.360.650.85-0.040.750.80.160.780.720.780.83
0.60.860.610.560.460.380.580.520.320.250.670.59-0.30.390.290.60.85-0.390.60.56-0.10.570.530.680.64
1.00.480.990.970.860.910.930.80.660.630.790.590.520.890.830.970.780.440.920.86-0.130.840.890.950.87
0.53-0.470.540.560.40.770.580.310.170.430.03-0.30.520.620.810.58-0.030.990.470.34-0.280.340.480.420.31
0.880.290.90.870.720.860.810.690.420.710.620.390.890.620.840.890.560.560.760.7-0.140.680.70.740.68
0.84-0.020.860.840.590.980.920.560.270.560.360.290.830.810.840.90.410.750.780.61-0.370.630.780.790.64
0.980.380.990.970.770.960.970.750.460.620.650.60.970.580.890.90.740.490.920.81-0.270.810.850.940.84
0.780.830.770.770.720.550.660.730.570.410.850.850.78-0.030.560.410.74-0.120.810.8-0.040.80.650.830.85
0.45-0.540.450.480.350.70.50.250.130.41-0.04-0.390.440.990.560.750.49-0.120.40.28-0.220.280.410.340.24
0.940.460.920.960.820.860.850.860.530.680.750.60.920.470.760.780.920.810.40.94-0.060.960.910.950.97
0.880.570.850.930.880.730.70.950.630.760.80.560.860.340.70.610.810.80.280.940.220.960.840.870.96
-0.120.26-0.16-0.070.31-0.33-0.340.20.190.410.16-0.1-0.13-0.28-0.14-0.37-0.27-0.04-0.22-0.060.220.14-0.02-0.150.05
0.860.520.840.90.810.720.70.920.560.740.780.570.840.340.680.630.810.80.280.960.960.140.870.880.98
0.890.370.880.880.790.820.850.770.580.650.720.530.890.480.70.780.850.650.410.910.84-0.020.870.910.89
0.960.510.950.940.820.870.920.770.640.520.780.680.950.420.740.790.940.830.340.950.87-0.150.880.910.91
0.890.570.860.920.810.750.740.920.60.670.830.640.870.310.680.640.840.850.240.970.960.050.980.890.91
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Xiamen ITG Account Relationship Matchups

Xiamen ITG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets89.5B113.4B97.7B112.9B113.1B118.8B
Other Current Liab28.0B33.6B30.1B27.5B2.0B1.9B
Total Current Liabilities54.2B63.8B59.2B73.0B68.6B72.0B
Total Stockholder Equity24.8B26.2B29.1B30.2B32.6B34.3B
Other Liab472.2M770.5M379.3M500.9M576.0M604.8M
Accounts Payable12.8B17.2B19.7B25.1B31.1B32.6B
Cash6.7B12.4B10.8B17.9B14.3B15.1B
Other Assets5.4B4.6B4.9B4.3B4.9B5.1B
Long Term Debt7.5B14.0B2.5B1.2B4.9B5.1B
Net Receivables8.9B3.8B5.6B9.1B10.0B10.5B
Inventory39.7B50.0B31.4B29.3B31.6B17.0B
Other Current Assets12.9B18.5B21.4B28.4B2.4B2.3B
Total Liab62.0B78.6B62.2B74.8B74.5B78.2B
Intangible Assets126.9M140.6M138.0M302.7M4.5B4.7B
Common Stock1.9B1.9B2.1B2.2B2.5B2.7B
Property Plant Equipment2.2B2.6B3.2B5.2B6.0B6.3B
Retained Earnings8.7B10.4B12.5B14.4B13.3B14.0B
Short Term Investments2.8B3.6B4.3B3.1B1.6B1.1B
Net Tangible Assets24.6B26.0B29.0B29.9B34.4B24.8B
Other Stockholder Equity11.3B10.4B9.9B9.3B10.7B9.7B
Deferred Long Term Liab43.1M44.5M24.5M33.5M30.1M35.7M
Short Long Term Debt10.8B11.3B4.1B14.8B14.8B9.2B
Total Current Assets72.0B94.6B80.5B93.6B87.4B77.6B
Non Current Assets Total17.4B18.8B17.3B19.3B25.8B18.0B
Non Currrent Assets Other788.0M775.2M81.5M48.5M320.5M481.8M
Non Current Liabilities Total7.8B14.7B3.0B1.8B5.9B6.4B
Non Current Liabilities Other26.7M18.7M17.1M83.5M100.4M60.5M
Net Debt7.6B11.4B12.8B5.3B6.1B9.6B
Common Stock Shares Outstanding1.9B1.9B2.1B2.2B2.2B2.2B
Net Invested Capital42.8B51.5B35.7B46.2B52.3B47.0B
Net Working Capital17.8B30.8B21.3B20.6B18.8B22.7B
Capital Stock2.0B2.1B2.1B2.2B2.2B2.3B

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Other Information on Investing in Xiamen Stock

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