Tianjin Operating Income vs Selling General Administrative Analysis

600874 Stock   6.07  0.04  0.66%   
Tianjin Capital financial indicator trend analysis is much more than just breaking down Tianjin Capital Envi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Capital Envi is a good investment. Please check the relationship between Tianjin Capital 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 Tianjin Capital Environmental. 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 Tianjin Capital Envi Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianjin Capital's Operating Income and Selling General Administrative is -0.09. 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 Tianjin Capital Environmental, assuming nothing else is changed. The correlation between historical values of Tianjin Capital'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 Tianjin Capital Environmental 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., Tianjin Capital's Operating Income and Selling General Administrative 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 Tianjin Capital Envi 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 Tianjin Capital Environmental 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 Tianjin Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Capital Envi 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 Tianjin Capital Environmental. 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 74.3 M, whereas Tax Provision is forecasted to decline to about 174.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.5B1.8B1.2B
Total Revenue4.5B4.5B4.7B3.5B

Tianjin Capital fundamental ratios Correlations

-0.550.840.980.82-0.381.00.890.890.840.980.930.04-0.231.00.92-0.860.94-0.810.890.680.960.990.570.99-0.98
-0.55-0.39-0.65-0.37-0.31-0.55-0.74-0.64-0.74-0.54-0.55-0.5-0.3-0.51-0.520.45-0.630.32-0.32-0.79-0.5-0.53-0.25-0.540.64
0.84-0.390.830.73-0.330.80.780.750.70.760.790.07-0.280.840.76-0.60.78-0.520.780.70.830.840.610.79-0.81
0.98-0.650.830.79-0.230.980.920.920.880.960.940.18-0.080.970.87-0.840.96-0.770.820.780.960.970.580.96-0.97
0.82-0.370.730.79-0.480.830.690.730.60.720.89-0.37-0.090.830.78-0.90.83-0.90.840.470.650.80.620.75-0.82
-0.38-0.31-0.33-0.23-0.48-0.38-0.06-0.130.09-0.36-0.290.760.69-0.42-0.560.45-0.180.51-0.730.25-0.27-0.410.1-0.380.39
1.0-0.550.80.980.83-0.380.880.90.850.980.920.01-0.220.990.91-0.890.94-0.830.880.640.940.990.590.99-0.97
0.89-0.740.780.920.69-0.060.880.820.970.870.850.26-0.130.880.84-0.770.87-0.650.720.810.860.90.570.89-0.89
0.89-0.640.750.920.73-0.130.90.820.80.870.870.170.020.880.75-0.720.96-0.660.690.670.840.850.620.88-0.89
0.84-0.740.70.880.60.090.850.970.80.840.770.38-0.060.830.73-0.690.83-0.560.60.790.840.850.640.85-0.82
0.98-0.540.760.960.72-0.360.980.870.870.840.880.11-0.270.980.9-0.820.9-0.770.850.640.970.980.491.0-0.95
0.93-0.550.790.940.89-0.290.920.850.870.770.880.01-0.010.920.83-0.890.97-0.860.820.730.860.90.540.89-0.93
0.04-0.50.070.18-0.370.760.010.260.170.380.110.010.430.0-0.150.240.120.35-0.340.590.250.020.070.06-0.02
-0.23-0.3-0.28-0.08-0.090.69-0.22-0.130.02-0.06-0.27-0.010.43-0.28-0.460.090.030.07-0.480.27-0.24-0.310.11-0.310.22
1.0-0.510.840.970.83-0.420.990.880.880.830.980.920.0-0.280.92-0.860.93-0.810.90.640.951.00.570.99-0.97
0.92-0.520.760.870.78-0.560.910.840.750.730.90.83-0.15-0.460.92-0.820.8-0.760.960.540.830.940.30.93-0.96
-0.860.45-0.6-0.84-0.90.45-0.89-0.77-0.72-0.69-0.82-0.890.240.09-0.86-0.82-0.830.98-0.86-0.49-0.73-0.86-0.5-0.830.86
0.94-0.630.780.960.83-0.180.940.870.960.830.90.970.120.030.930.8-0.83-0.790.760.740.880.90.620.91-0.93
-0.810.32-0.52-0.77-0.90.51-0.83-0.65-0.66-0.56-0.77-0.860.350.07-0.81-0.760.98-0.79-0.82-0.38-0.67-0.79-0.45-0.770.79
0.89-0.320.780.820.84-0.730.880.720.690.60.850.82-0.34-0.480.90.96-0.860.76-0.820.420.790.910.330.88-0.91
0.68-0.790.70.780.470.250.640.810.670.790.640.730.590.270.640.54-0.490.74-0.380.420.720.660.410.63-0.69
0.96-0.50.830.960.65-0.270.940.860.840.840.970.860.25-0.240.950.83-0.730.88-0.670.790.720.960.520.96-0.91
0.99-0.530.840.970.8-0.410.990.90.850.850.980.90.02-0.311.00.94-0.860.9-0.790.910.660.960.540.99-0.97
0.57-0.250.610.580.620.10.590.570.620.640.490.540.070.110.570.3-0.50.62-0.450.330.410.520.540.51-0.45
0.99-0.540.790.960.75-0.380.990.890.880.851.00.890.06-0.310.990.93-0.830.91-0.770.880.630.960.990.51-0.97
-0.980.64-0.81-0.97-0.820.39-0.97-0.89-0.89-0.82-0.95-0.93-0.020.22-0.97-0.960.86-0.930.79-0.91-0.69-0.91-0.97-0.45-0.97
Click cells to compare fundamentals

Tianjin Capital Account Relationship Matchups

Tianjin Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.0B18.8B21.1B23.0B24.5B18.8B
Other Current Liab2.1B1.5B1.5B490K1.5M1.4M
Total Current Liabilities3.5B3.5B3.2B3.3B4.3B3.4B
Total Stockholder Equity6.2B6.6B7.1B8.5B9.1B7.0B
Other Liab2.3B2.2B2.1B2.1B2.4B2.2B
Net Tangible Assets(5.6B)(5.4B)(3.6B)(2.0B)(1.8B)(1.9B)
Retained Earnings4.3B4.7B5.3B5.8B5.7B4.7B
Accounts Payable231.3M295.0M429.5M511.2M668.9M702.3M
Cash2.1B1.7B2.1B3.3B2.6B2.2B
Other Assets436.6M2.0B4.3B4.9B5.6B5.9B
Long Term Debt4.8B5.3B7.4B8.0B7.9B5.1B
Net Receivables2.6B2.0B2.3B2.7B3.3B2.5B
Inventory14.8M17.5M21.8M31.1M35.7M25.0M
Other Current Assets111.1M108.4M71.7M261.7M257.2M159.4M
Total Liab10.8B11.2B13.0B13.5B14.2B11.0B
Total Current Assets4.8B3.8B4.8B6.3B6.2B5.0B
Intangible Assets11.8B12.0B10.3B10.1B10.9B10.4B
Property Plant Equipment801.0M819.4M1.0B1.1B1.2B753.3M
Non Current Assets Total13.2B15.0B16.2B16.6B18.2B14.6B
Non Currrent Assets Other195.9M331.0M450.9M420.9M413.6M372.3M
Non Current Liabilities Total7.3B7.7B9.8B10.1B9.9B8.1B
Non Current Liabilities Other47.7M47.7M47.2M30M28M39.8M
Net Debt2.9B3.7B5.5B4.7B5.3B3.8B
Net Invested Capital11.2B11.9B14.7B16.5B17.0B13.8B
Net Working Capital1.2B278.6M1.6B3.0B1.9B1.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Tianjin Stock

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