Tangshan Change In Cash vs Net Income Analysis

601000 Stock

4.51 0.01 0.22%

Tangshan Port financial indicator trend analysis is much more than just breaking down Tangshan Port Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tangshan Port Group is a good investment. Please check the relationship between Tangshan Port Change In Cash and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tangshan Port 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 board of governors.

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tangshan Port Group Change In Cash account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Tangshan Port's Change In Cash and Net Income is -0.28. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Tangshan Port Group, assuming nothing else is changed. The correlation between historical values of Tangshan Port's Change In Cash and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Tangshan Port Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Tangshan Port's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

-0.28

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tangshan Port Group financial statement analysis. It represents the amount of money remaining after all of Tangshan Port Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most indicators from Tangshan Port's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tangshan Port 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 Tangshan Port 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 board of governors.

The current year's Selling General Administrative is expected to grow to about 140.8 M, whereas Tax Provision is forecasted to decline to about 433.7 M.

	2021	2022	2023	2024 (projected)
Operating Income	1.8B	1.7B	2.0B	1.6B
Total Revenue	6.1B	5.6B	5.8B	6.6B

Operating Income Total Revenue

Tangshan Port 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	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Current Liabilities Total
Total Assets		0.53	0.47	0.96	0.84	0.95	-0.37	0.86	0.58	-0.53	0.43	0.27	0.28	0.14	0.97	0.95	0.83	0.83	0.41	-0.19	0.91	-0.71	0.83	-0.71	0.7	-0.24
Other Current Liab	0.53		0.82	0.42	0.19	0.42	-0.28	0.27	-0.3	-0.07	0.87	0.44	0.59	0.49	0.61	0.41	0.59	0.07	-0.41	-0.63	0.42	-0.12	0.28	-0.12	0.15	0.38
Total Current Liabilities	0.47	0.82		0.25	0.06	0.26	0.25	0.06	-0.39	0.31	0.8	0.7	0.76	0.86	0.53	0.27	0.74	-0.07	-0.52	-0.67	0.23	-0.01	0.08	-0.01	0.13	0.47
Total Stockholder Equity	0.96	0.42	0.25		0.92	0.99	-0.55	0.94	0.69	-0.71	0.29	0.08	0.1	-0.13	0.92	0.98	0.67	0.92	0.53	-0.03	0.95	-0.78	0.9	-0.78	0.69	-0.4
Other Liab	0.84	0.19	0.06	0.92		0.91	-0.49	0.9	0.72	-0.7	0.0	0.03	0.06	-0.27	0.77	0.93	0.5	0.95	0.54	0.05	0.89	-0.71	0.85	-0.71	0.73	-0.45
Retained Earnings	0.95	0.42	0.26	0.99	0.91		-0.53	0.94	0.69	-0.69	0.25	0.08	0.07	-0.11	0.91	0.95	0.65	0.9	0.51	-0.02	0.91	-0.78	0.9	-0.78	0.64	-0.46
Accounts Payable	-0.37	-0.28	0.25	-0.55	-0.49	-0.53		-0.62	-0.43	0.85	-0.05	0.42	0.3	0.64	-0.36	-0.5	0.05	-0.53	-0.33	-0.04	-0.55	0.51	-0.63	0.51	-0.24	0.4
Cash	0.86	0.27	0.06	0.94	0.9	0.94	-0.62		0.76	-0.76	0.07	-0.13	-0.09	-0.32	0.78	0.91	0.46	0.93	0.62	0.18	0.89	-0.83	0.92	-0.83	0.53	-0.58
Other Assets	0.58	-0.3	-0.39	0.69	0.72	0.69	-0.43	0.76		-0.72	-0.32	-0.37	-0.44	-0.51	0.48	0.65	0.22	0.86	0.95	0.45	0.65	-0.7	0.76	-0.7	0.56	-0.72
Long Term Debt	-0.53	-0.07	0.31	-0.71	-0.7	-0.69	0.85	-0.76	-0.72		0.09	0.48	0.41	0.69	-0.48	-0.65	-0.09	-0.79	-0.63	-0.14	-0.72	0.75	-0.79	0.75	-0.52	0.62
Net Receivables	0.43	0.87	0.8	0.29	0.0	0.25	-0.05	0.07	-0.32	0.09		0.52	0.6	0.58	0.54	0.28	0.59	-0.05	-0.34	-0.56	0.3	-0.03	0.12	-0.03	0.11	0.51
Inventory	0.27	0.44	0.7	0.08	0.03	0.08	0.42	-0.13	-0.37	0.48	0.52		0.84	0.75	0.34	0.13	0.59	-0.15	-0.43	-0.56	0.03	0.15	-0.12	0.15	0.22	0.67
Other Current Assets	0.28	0.59	0.76	0.1	0.06	0.07	0.3	-0.09	-0.44	0.41	0.6	0.84		0.74	0.4	0.21	0.53	-0.11	-0.51	-0.7	0.17	0.17	-0.04	0.17	0.27	0.73
Total Liab	0.14	0.49	0.86	-0.13	-0.27	-0.11	0.64	-0.32	-0.51	0.69	0.58	0.75	0.74		0.2	-0.1	0.59	-0.38	-0.56	-0.6	-0.15	0.31	-0.27	0.31	-0.01	0.62
Intangible Assets	0.97	0.61	0.53	0.92	0.77	0.91	-0.36	0.78	0.48	-0.48	0.54	0.34	0.4	0.2		0.91	0.83	0.75	0.33	-0.27	0.89	-0.63	0.77	-0.63	0.7	-0.12
Common Stock	0.95	0.41	0.27	0.98	0.93	0.95	-0.5	0.91	0.65	-0.65	0.28	0.13	0.21	-0.1	0.91		0.66	0.92	0.49	-0.07	0.98	-0.75	0.88	-0.75	0.72	-0.3
Property Plant Equipment	0.83	0.59	0.74	0.67	0.5	0.65	0.05	0.46	0.22	-0.09	0.59	0.59	0.53	0.59	0.83	0.66		0.45	0.09	-0.46	0.61	-0.39	0.45	-0.39	0.65	0.15
Net Tangible Assets	0.83	0.07	-0.07	0.92	0.95	0.9	-0.53	0.93	0.86	-0.79	-0.05	-0.15	-0.11	-0.38	0.75	0.92	0.45		0.72	0.18	0.91	-0.82	0.9	-0.82	0.72	-0.58
Other Stockholder Equity	0.41	-0.41	-0.52	0.53	0.54	0.51	-0.33	0.62	0.95	-0.63	-0.34	-0.43	-0.51	-0.56	0.33	0.49	0.09	0.72		0.57	0.51	-0.6	0.6	-0.6	0.45	-0.65
Deferred Long Term Liab	-0.19	-0.63	-0.67	-0.03	0.05	-0.02	-0.04	0.18	0.45	-0.14	-0.56	-0.56	-0.7	-0.6	-0.27	-0.07	-0.46	0.18	0.57		-0.12	-0.06	-0.03	-0.06	-0.34	-0.61
Long Term Investments	0.91	0.42	0.23	0.95	0.89	0.91	-0.55	0.89	0.65	-0.72	0.3	0.03	0.17	-0.15	0.89	0.98	0.61	0.91	0.51	-0.12		-0.79	0.9	-0.79	0.74	-0.29
Short Long Term Debt	-0.71	-0.12	-0.01	-0.78	-0.71	-0.78	0.51	-0.83	-0.7	0.75	-0.03	0.15	0.17	0.31	-0.63	-0.75	-0.39	-0.82	-0.6	-0.06	-0.79		-0.86	1.0	-0.52	0.59
Total Current Assets	0.83	0.28	0.08	0.9	0.85	0.9	-0.63	0.92	0.76	-0.79	0.12	-0.12	-0.04	-0.27	0.77	0.88	0.45	0.9	0.6	-0.03	0.9	-0.86		-0.86	0.59	-0.51
Short Term Debt	-0.71	-0.12	-0.01	-0.78	-0.71	-0.78	0.51	-0.83	-0.7	0.75	-0.03	0.15	0.17	0.31	-0.63	-0.75	-0.39	-0.82	-0.6	-0.06	-0.79	1.0	-0.86		-0.52	0.59
Non Current Assets Total	0.7	0.15	0.13	0.69	0.73	0.64	-0.24	0.53	0.56	-0.52	0.11	0.22	0.27	-0.01	0.7	0.72	0.65	0.72	0.45	-0.34	0.74	-0.52	0.59	-0.52		-0.04
Non Current Liabilities Total	-0.24	0.38	0.47	-0.4	-0.45	-0.46	0.4	-0.58	-0.72	0.62	0.51	0.67	0.73	0.62	-0.12	-0.3	0.15	-0.58	-0.65	-0.61	-0.29	0.59	-0.51	0.59	-0.04

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Tangshan Port Account Relationship Matchups

Tangshan Port fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.7B	24.6B	23.7B	23.3B	23.8B	20.2B
Other Current Liab	2.0B	2.1B	1.5B	1.4B	23.8M	22.6M
Total Current Liabilities	4.6B	4.1B	3.3B	2.1B	1.7B	1.7B
Total Stockholder Equity	17.1B	18.4B	18.5B	19.2B	20.0B	13.7B
Other Liab	615.8M	686.3M	634.6M	653.1M	751.0M	400.6M
Retained Earnings	7.5B	8.8B	8.8B	9.3B	8.3B	5.8B
Accounts Payable	1.3B	399.7M	193.9M	213.9M	884.4M	761.7M
Cash	3.9B	5.1B	5.3B	6.8B	5.6B	3.6B
Other Assets	230.8M	378.8M	643.2M	806.6M	927.5M	973.9M
Long Term Debt	1.1B	1.6B	1.3B	133.5M	120.2M	114.1M
Net Receivables	1.5B	458.1M	910.0M	387.0M	250.1M	237.6M
Inventory	751.8M	218.0M	105.5M	103.5M	87.1M	82.8M
Other Current Assets	598.8M	274.6M	110.8M	97.1M	32.1M	30.5M
Total Liab	6.3B	4.9B	3.9B	2.8B	2.4B	3.9B
Intangible Assets	1.9B	1.9B	1.6B	1.7B	1.7B	1.3B
Property Plant Equipment	13.2B	12.6B	9.9B	9.4B	10.8B	11.2B
Net Tangible Assets	15.2B	16.6B	16.9B	17.5B	20.1B	15.7B
Other Stockholder Equity	53.9M	33.0M	115.7M	227.5M	261.7M	274.7M
Deferred Long Term Liab	10.6M	13.9M	23.6M	34.0M	39.1M	21.7M
Total Current Assets	6.9B	7.1B	8.7B	8.1B	6.7B	7.3B
Non Current Assets Total	17.8B	17.5B	15.1B	15.2B	17.2B	17.9B
Non Currrent Assets Other	49.3M	181.1M	429.1M	584.1M	2.9B	3.0B
Non Current Liabilities Total	1.6B	819.8M	636.6M	654.7M	663.0M	904.3M
Non Current Liabilities Other	36.7M	37.0M	38.4M	39.9M	35.9M	31.4M
Net Invested Capital	18.2B	18.6B	18.5B	19.2B	20.0B	20.1B
Net Working Capital	2.2B	3.0B	5.4B	6.0B	4.9B	3.8B

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Other Information on Investing in Tangshan Stock

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

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Tangshan Change In Cash vs Net Income Analysis

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

Correlation Coefficient

Change In Cash

Net Income

Tangshan Port fundamental ratios Correlations

Tangshan Port Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tangshan Port fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Tangshan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Retained Earnings	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.98	Total Stockholder Equity
Long Term Investments	+ 0.98	Common Stock
Intangible Assets	+ 0.97	Total Assets
Total Stockholder Equity	+ 0.96	Total Assets

Short Term Debt	- 0.86	Total Current Assets
Total Current Assets	- 0.86	Short Long Term Debt
Short Term Debt	- 0.83	Cash
Short Long Term Debt	- 0.83	Cash
Short Term Debt	- 0.82	Net Tangible Assets
Short Long Term Debt	- 0.82	Net Tangible Assets