Bank Net Income vs Free Cash Flow Analysis

601577 Stock   8.67  0.17  2.00%   
Bank of Changsha financial indicator trend analysis is way more than just evaluating Bank of Changsha prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Changsha is a good investment. Please check the relationship between Bank of Changsha Net Income and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Changsha. 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 Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Changsha Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank of Changsha's Net Income and Free Cash Flow is -0.05. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Bank of Changsha, assuming nothing else is changed. The correlation between historical values of Bank of Changsha's Net Income and Free Cash Flow 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 Bank of Changsha are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Bank of Changsha's Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

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

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Bank of Changsha's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Changsha 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 Bank of Changsha. 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.
As of December 4, 2024, Selling General Administrative is expected to decline to about 5.4 B. In addition to that, Tax Provision is expected to decline to about 1.4 B
 2023 2024 (projected)
Gross Profit19.6B11.3B
Total Revenue24.9B17.9B

Bank of Changsha fundamental ratios Correlations

0.81.00.990.670.990.961.00.480.990.880.870.380.730.85-0.11.00.930.930.970.880.940.980.920.940.97
0.80.780.810.50.790.730.790.230.790.490.710.460.390.560.260.80.640.820.80.950.840.740.860.870.85
1.00.780.990.670.990.951.00.470.990.890.870.380.720.85-0.111.00.920.920.980.860.950.980.910.930.96
0.990.810.990.640.990.960.990.521.00.850.880.460.690.770.010.990.90.960.980.870.950.970.950.950.99
0.670.50.670.640.620.610.670.330.630.650.46-0.210.590.71-0.470.680.730.530.710.590.570.690.660.580.6
0.990.790.990.990.620.940.990.51.00.850.870.470.670.780.00.990.890.950.970.860.970.980.930.950.97
0.960.730.950.960.610.940.940.550.950.880.880.330.770.77-0.110.960.910.910.920.820.850.930.910.850.96
1.00.791.00.990.670.990.940.470.990.870.870.380.70.85-0.111.00.910.920.980.860.950.980.920.940.95
0.480.230.470.520.330.50.550.470.480.430.580.120.350.31-0.130.470.570.490.450.310.490.550.580.490.52
0.990.790.991.00.631.00.950.990.480.850.890.460.680.79-0.030.990.890.950.980.860.950.970.930.940.97
0.880.490.890.850.650.850.880.870.430.850.750.160.940.9-0.370.890.950.720.820.640.730.860.690.720.81
0.870.710.870.880.460.870.880.870.580.890.750.440.640.64-0.070.870.830.90.870.680.790.820.860.780.88
0.380.460.380.46-0.210.470.330.380.120.460.160.440.07-0.040.790.370.190.620.40.370.530.30.430.510.49
0.730.390.720.690.590.670.770.70.350.680.940.640.070.8-0.390.740.90.570.640.520.540.680.540.550.7
0.850.560.850.770.710.780.770.850.310.790.90.64-0.040.8-0.490.850.870.610.780.730.720.850.650.730.72
-0.10.26-0.110.01-0.470.0-0.11-0.11-0.13-0.03-0.37-0.070.79-0.39-0.49-0.1-0.30.19-0.070.140.13-0.170.080.140.08
1.00.81.00.990.680.990.961.00.470.990.890.870.370.740.85-0.10.930.920.970.880.940.980.920.940.97
0.930.640.920.90.730.890.910.910.570.890.950.830.190.90.87-0.30.930.80.860.750.820.910.810.820.89
0.930.820.920.960.530.950.910.920.490.950.720.90.620.570.610.190.920.80.950.830.910.870.960.90.96
0.970.80.980.980.710.970.920.980.450.980.820.870.40.640.78-0.070.970.860.950.850.920.950.950.910.95
0.880.950.860.870.590.860.820.860.310.860.640.680.370.520.730.140.880.750.830.850.890.840.890.930.89
0.940.840.950.950.570.970.850.950.490.950.730.790.530.540.720.130.940.820.910.920.890.940.910.990.93
0.980.740.980.970.690.980.930.980.550.970.860.820.30.680.85-0.170.980.910.870.950.840.940.90.930.93
0.920.860.910.950.660.930.910.920.580.930.690.860.430.540.650.080.920.810.960.950.890.910.90.920.96
0.940.870.930.950.580.950.850.940.490.940.720.780.510.550.730.140.940.820.90.910.930.990.930.920.94
0.970.850.960.990.60.970.960.950.520.970.810.880.490.70.720.080.970.890.960.950.890.930.930.960.94
Click cells to compare fundamentals

Bank of Changsha Account Relationship Matchups

Bank of Changsha fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets602.0B704.2B796.2B904.7B1.0T695.8B
Other Current Liab1.1B1.8B1.5B2.6B3.0B3.1B
Total Current Liabilities531.6B619.4B710.7B809.2B930.6B577.3B
Total Stockholder Equity40.6B44.3B55.0B60.2B66.1B43.8B
Other Liab2.3B1.8B2.0B2.0B2.3B2.1B
Net Tangible Assets34.0B37.7B48.2B52.7B60.6B36.2B
Retained Earnings25.0B28.9B33.6B38.7B30.2B26.8B
Accounts Payable401.3B479.1B535.9B607.2B698.3B447.2B
Cash55.3B63.0B611.2B77.2B74.4B125.2B
Other Assets255.4B310.9B364.8B426.6B490.6B263.6B
Net Receivables108.9M328.2M287.6M226.3M260.3M165.4M
Inventory421.4M407.4M302.0M259.5M298.5M317.0M
Other Current Assets38.1B42.1B41.1B45.0B51.8B44.6B
Other Stockholder Equity297.3M72.1M183.7M319.2M367.0M385.4M
Total Liab560.2B658.5B739.5B842.6B951.7B650.8B
Deferred Long Term Liab322.6M336.0M363.6M318.2M365.9M332.8M
Long Term Investments282.8B326.0B359.1B384.8B423.5B274.9B
Total Current Assets137.6B150.8B167.6B199.2B229.1B127.1B
Intangible Assets615.1M622.0M854.3M1.5B1.7B1.7B
Property Plant Equipment1.6B1.8B3.0B3.2B3.7B2.0B
Net Debt77.8B79.9B97.0B97.1B97.9B88.7B
Net Invested Capital167.8B181.2B211.4B228.6B232.4B195.5B

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Other Information on Investing in Bank Stock

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