China Net Income vs Ebit Analysis

601088 Stock

39.80 1.24 3.02%

China Shenhua financial indicator trend analysis is way more than just evaluating China Shenhua Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Shenhua Energy is a good investment. Please check the relationship between China Shenhua Net Income and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Shenhua Energy. 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.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Shenhua Energy Net Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Shenhua's Net Income and Ebit is 0.93. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of China Shenhua Energy, assuming nothing else is changed. The correlation between historical values of China Shenhua's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of China Shenhua Energy are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., China Shenhua's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.93

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

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

Ebit

Most indicators from China Shenhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Shenhua Energy 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 China Shenhua Energy. 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 2.7 B, whereas Tax Provision is forecasted to decline to about 16.8 B.

	2021	2022	2023	2024 (projected)
Gross Profit	110.8B	134.5B	123.2B	110.7B
Total Revenue	335.2B	344.5B	343.1B	289.8B

Gross Profit Total Revenue

China Shenhua fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total
Total Assets		-0.6	-0.28	0.83	0.95	0.81	0.78	0.54	0.77	-0.82	-0.72	-0.68	-0.69	0.72	0.05	0.03	-0.86	-0.56	0.71	-0.39	0.75	-0.65	0.74	-0.75	-0.69	-0.55
Other Current Liab	-0.6		0.75	-0.63	-0.77	-0.63	-0.56	-0.66	-0.61	0.67	0.38	0.49	0.32	-0.37	-0.72	0.68	0.61	0.55	-0.66	0.0	-0.16	0.39	-0.43	0.63	0.34	0.09
Total Current Liabilities	-0.28	0.75		-0.55	-0.53	-0.49	-0.53	-0.1	-0.46	0.6	0.36	0.42	0.44	-0.5	-0.56	0.53	0.38	0.75	-0.72	0.19	-0.16	0.53	-0.21	0.44	0.5	0.32
Total Stockholder Equity	0.83	-0.63	-0.55		0.9	0.98	0.98	0.25	0.9	-0.93	-0.93	-0.88	-0.91	0.92	0.02	-0.06	-0.79	-0.86	0.95	-0.58	0.82	-0.89	0.86	-0.54	-0.85	-0.54
Other Liab	0.95	-0.77	-0.53	0.9		0.87	0.84	0.56	0.82	-0.89	-0.74	-0.7	-0.7	0.74	0.23	-0.2	-0.91	-0.69	0.83	-0.35	0.67	-0.68	0.71	-0.76	-0.7	-0.48
Net Tangible Assets	0.81	-0.63	-0.49	0.98	0.87		0.93	0.28	0.86	-0.9	-0.91	-0.85	-0.85	0.87	0.02	-0.06	-0.76	-0.79	0.9	-0.57	0.78	-0.83	0.86	-0.52	-0.8	-0.41
Retained Earnings	0.78	-0.56	-0.53	0.98	0.84	0.93		0.17	0.91	-0.9	-0.93	-0.91	-0.93	0.92	-0.05	-0.03	-0.75	-0.86	0.94	-0.58	0.84	-0.9	0.87	-0.43	-0.84	-0.57
Accounts Payable	0.54	-0.66	-0.1	0.25	0.56	0.28	0.17		0.39	-0.38	0.04	-0.08	0.14	-0.1	0.52	-0.5	-0.53	0.13	0.11	0.38	-0.02	0.09	0.15	-0.36	0.18	0.3
Cash	0.77	-0.61	-0.46	0.9	0.82	0.86	0.91	0.39		-0.95	-0.78	-0.89	-0.78	0.77	-0.04	-0.07	-0.69	-0.68	0.81	-0.26	0.78	-0.7	0.83	-0.33	-0.66	-0.4
Other Assets	-0.82	0.67	0.6	-0.93	-0.89	-0.9	-0.9	-0.38	-0.95		0.76	0.8	0.8	-0.83	-0.07	0.09	0.73	0.74	-0.87	0.38	-0.78	0.78	-0.73	0.49	0.74	0.47
Long Term Debt	-0.72	0.38	0.36	-0.93	-0.74	-0.91	-0.93	0.04	-0.78	0.76		0.9	0.96	-0.94	0.24	-0.15	0.66	0.86	-0.89	0.7	-0.86	0.87	-0.92	0.46	0.9	0.62
Net Receivables	-0.68	0.49	0.42	-0.88	-0.7	-0.85	-0.91	-0.08	-0.89	0.8	0.9		0.89	-0.85	0.14	-0.07	0.56	0.81	-0.83	0.48	-0.82	0.81	-0.95	0.35	0.8	0.57
Good Will	-0.69	0.32	0.44	-0.91	-0.7	-0.85	-0.93	0.14	-0.78	0.8	0.96	0.89		-0.99	0.29	-0.26	0.61	0.89	-0.89	0.73	-0.92	0.93	-0.84	0.42	0.96	0.75
Short Term Investments	0.72	-0.37	-0.5	0.92	0.74	0.87	0.92	-0.1	0.77	-0.83	-0.94	-0.85	-0.99		-0.22	0.23	-0.65	-0.9	0.91	-0.74	0.9	-0.94	0.79	-0.5	-0.97	-0.76
Inventory	0.05	-0.72	-0.56	0.02	0.23	0.02	-0.05	0.52	-0.04	-0.07	0.24	0.14	0.29	-0.22		-0.85	-0.1	-0.07	0.13	0.22	-0.47	0.07	-0.2	-0.34	0.22	0.29
Other Current Assets	0.03	0.68	0.53	-0.06	-0.2	-0.06	-0.03	-0.5	-0.07	0.09	-0.15	-0.07	-0.26	0.23	-0.85		0.11	0.1	-0.21	-0.38	0.49	-0.16	0.1	0.13	-0.28	-0.45
Other Stockholder Equity	-0.86	0.61	0.38	-0.79	-0.91	-0.76	-0.75	-0.53	-0.69	0.73	0.66	0.56	0.61	-0.65	-0.1	0.11		0.57	-0.7	0.3	-0.6	0.59	-0.59	0.67	0.6	0.43
Total Liab	-0.56	0.55	0.75	-0.86	-0.69	-0.79	-0.86	0.13	-0.68	0.74	0.86	0.81	0.89	-0.9	-0.07	0.1	0.57		-0.95	0.62	-0.65	0.86	-0.71	0.54	0.91	0.69
Long Term Investments	0.71	-0.66	-0.72	0.95	0.83	0.9	0.94	0.11	0.81	-0.87	-0.89	-0.83	-0.89	0.91	0.13	-0.21	-0.7	-0.95		-0.57	0.69	-0.87	0.77	-0.56	-0.86	-0.57
Short Long Term Debt	-0.39	0.0	0.19	-0.58	-0.35	-0.57	-0.58	0.38	-0.26	0.38	0.7	0.48	0.73	-0.74	0.22	-0.38	0.3	0.62	-0.57		-0.65	0.83	-0.5	0.3	0.74	0.58
Total Current Assets	0.75	-0.16	-0.16	0.82	0.67	0.78	0.84	-0.02	0.78	-0.78	-0.86	-0.82	-0.92	0.9	-0.47	0.49	-0.6	-0.65	0.69	-0.65		-0.83	0.81	-0.34	-0.85	-0.72
Short Term Debt	-0.65	0.39	0.53	-0.89	-0.68	-0.83	-0.9	0.09	-0.7	0.78	0.87	0.81	0.93	-0.94	0.07	-0.16	0.59	0.86	-0.87	0.83	-0.83		-0.73	0.41	0.89	0.68
Intangible Assets	0.74	-0.43	-0.21	0.86	0.71	0.86	0.87	0.15	0.83	-0.73	-0.92	-0.95	-0.84	0.79	-0.2	0.1	-0.59	-0.71	0.77	-0.5	0.81	-0.73		-0.39	-0.75	-0.49
Common Stock	-0.75	0.63	0.44	-0.54	-0.76	-0.52	-0.43	-0.36	-0.33	0.49	0.46	0.35	0.42	-0.5	-0.34	0.13	0.67	0.54	-0.56	0.3	-0.34	0.41	-0.39		0.6	0.57
Property Plant Equipment	-0.69	0.34	0.5	-0.85	-0.7	-0.8	-0.84	0.18	-0.66	0.74	0.9	0.8	0.96	-0.97	0.22	-0.28	0.6	0.91	-0.86	0.74	-0.85	0.89	-0.75	0.6		0.85
Non Current Assets Total	-0.55	0.09	0.32	-0.54	-0.48	-0.41	-0.57	0.3	-0.4	0.47	0.62	0.57	0.75	-0.76	0.29	-0.45	0.43	0.69	-0.57	0.58	-0.72	0.68	-0.49	0.57	0.85

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China Shenhua Account Relationship Matchups

China Shenhua fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	558.5B	558.4B	607.1B	621.7B	630.1B	643.1B
Other Current Liab	44.0B	14.5B	19.1B	19.6B	1.1B	998.5M
Total Current Liabilities	95.5B	69.5B	91.7B	98.4B	91.6B	80.0B
Total Stockholder Equity	351.9B	360.2B	376.9B	393.9B	408.7B	382.7B
Other Liab	6.4B	9.7B	15.8B	20.7B	23.8B	25.0B
Net Tangible Assets	352.2B	360.1B	375.0B	392.7B	451.6B	373.5B
Retained Earnings	262.3B	270.9B	286.2B	308.7B	288.5B	280.2B
Accounts Payable	25.0B	29.0B	35.2B	39.0B	38.9B	36.3B
Cash	51.5B	127.5B	162.9B	170.5B	150.0B	111.1B
Other Assets	51.7B	38.5B	31.5B	33.6B	30.3B	36.8B
Long Term Debt	40.4B	53.5B	52.4B	41.9B	32.6B	45.1B
Net Receivables	26.8B	7.8B	10.3B	11.0B	11.9B	17.3B
Inventory	12.1B	12.8B	12.6B	12.1B	12.8B	13.5B
Other Current Assets	10.7B	9.2B	8.5B	9.5B	7.3B	6.9B
Other Stockholder Equity	(11.2B)	(11.4B)	(11.0B)	(16.4B)	(14.7B)	(15.5B)
Total Liab	142.9B	133.3B	161.4B	162.5B	151.8B	134.6B
Short Long Term Debt	835M	5.0B	4.2B	5.2B	2.9B	3.6B
Total Current Assets	160.5B	172.2B	208.3B	211.1B	199.0B	192.1B
Intangible Assets	37.1B	36.1B	50.9B	52.6B	61.6B	43.3B
Property Plant Equipment	299.7B	296.6B	315.9B	324.2B	291.8B	265.2B
Non Current Assets Total	398.0B	386.2B	398.7B	410.7B	431.2B	325.1B
Non Currrent Assets Other	50.3B	291.2B	23.6B	25.3B	23.4B	22.3B
Non Current Liabilities Total	47.4B	63.8B	69.6B	64.1B	60.2B	52.1B
Non Current Liabilities Other	3.4B	6.4B	14.8B	10.8B	10.4B	7.5B
Net Invested Capital	393.2B	418.7B	433.5B	441.0B	444.2B	455.0B
Net Working Capital	65.0B	102.7B	116.6B	112.6B	107.4B	99.2B

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Other Information on Investing in China Stock

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

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China Net Income vs Ebit Analysis

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

Correlation Coefficient

Net Income

Ebit

China Shenhua fundamental ratios Correlations

China Shenhua Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Shenhua fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

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COMPANY

Net Tangible Assets	+ 0.98	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Stockholder Equity
Good Will	+ 0.96	Long Term Debt
Property Plant Equipment	+ 0.96	Good Will
Other Liab	+ 0.95	Total Assets
Long Term Investments	+ 0.95	Total Stockholder Equity

Short Term Investments	- 0.99	Good Will
Property Plant Equipment	- 0.97	Short Term Investments
Long Term Investments	- 0.95	Total Liab
Intangible Assets	- 0.95	Net Receivables
Other Assets	- 0.95	Cash
Short Term Debt	- 0.94	Short Term Investments