Bank Net Income From Continuing Ops vs Gross Profit Analysis

601577 Stock

8.78 0.03 0.34%

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 From Continuing Ops and its Gross Profit 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 From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Changsha Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Bank of Changsha's Net Income From Continuing Ops and Gross Profit is 0.94. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit 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 From Continuing Ops and Gross Profit 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 From Continuing Ops of Bank of Changsha are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Bank of Changsha's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Income From Continuing Ops

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bank of Changsha minus its cost of goods sold. It is profit before Bank of Changsha operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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 11, 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 Profit	19.6B	11.3B
Total Revenue	24.9B	17.9B

Gross Profit Total Revenue

Bank of Changsha 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	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.8	1.0	0.99	0.67	0.99	0.96	1.0	0.48	0.99	0.88	0.87	0.38	0.73	0.85	-0.1	1.0	0.93	0.93	0.97	0.88	0.94	0.98	0.92	0.94	0.97
Other Current Liab	0.8		0.78	0.81	0.5	0.79	0.73	0.79	0.23	0.79	0.49	0.71	0.46	0.39	0.56	0.26	0.8	0.64	0.82	0.8	0.95	0.84	0.74	0.86	0.87	0.85
Total Current Liabilities	1.0	0.78		0.99	0.67	0.99	0.95	1.0	0.47	0.99	0.89	0.87	0.38	0.72	0.85	-0.11	1.0	0.92	0.92	0.98	0.86	0.95	0.98	0.91	0.93	0.96
Total Stockholder Equity	0.99	0.81	0.99		0.64	0.99	0.96	0.99	0.52	1.0	0.85	0.88	0.46	0.69	0.77	0.01	0.99	0.9	0.96	0.98	0.87	0.95	0.97	0.95	0.95	0.99
Other Liab	0.67	0.5	0.67	0.64		0.62	0.61	0.67	0.33	0.63	0.65	0.46	-0.21	0.59	0.71	-0.47	0.68	0.73	0.53	0.71	0.59	0.57	0.69	0.66	0.58	0.6
Net Tangible Assets	0.99	0.79	0.99	0.99	0.62		0.94	0.99	0.5	1.0	0.85	0.87	0.47	0.67	0.78	0.0	0.99	0.89	0.95	0.97	0.86	0.97	0.98	0.93	0.95	0.97
Retained Earnings	0.96	0.73	0.95	0.96	0.61	0.94		0.94	0.55	0.95	0.88	0.88	0.33	0.77	0.77	-0.11	0.96	0.91	0.91	0.92	0.82	0.85	0.93	0.91	0.85	0.96
Accounts Payable	1.0	0.79	1.0	0.99	0.67	0.99	0.94		0.47	0.99	0.87	0.87	0.38	0.7	0.85	-0.11	1.0	0.91	0.92	0.98	0.86	0.95	0.98	0.92	0.94	0.95
Cash	0.48	0.23	0.47	0.52	0.33	0.5	0.55	0.47		0.48	0.43	0.58	0.12	0.35	0.31	-0.13	0.47	0.57	0.49	0.45	0.31	0.49	0.55	0.58	0.49	0.52
Other Assets	0.99	0.79	0.99	1.0	0.63	1.0	0.95	0.99	0.48		0.85	0.89	0.46	0.68	0.79	-0.03	0.99	0.89	0.95	0.98	0.86	0.95	0.97	0.93	0.94	0.97
Long Term Debt	0.88	0.49	0.89	0.85	0.65	0.85	0.88	0.87	0.43	0.85		0.75	0.16	0.94	0.9	-0.37	0.89	0.95	0.72	0.82	0.64	0.73	0.86	0.69	0.72	0.81
Net Receivables	0.87	0.71	0.87	0.88	0.46	0.87	0.88	0.87	0.58	0.89	0.75		0.44	0.64	0.64	-0.07	0.87	0.83	0.9	0.87	0.68	0.79	0.82	0.86	0.78	0.88
Short Term Investments	0.38	0.46	0.38	0.46	-0.21	0.47	0.33	0.38	0.12	0.46	0.16	0.44		0.07	-0.04	0.79	0.37	0.19	0.62	0.4	0.37	0.53	0.3	0.43	0.51	0.49
Inventory	0.73	0.39	0.72	0.69	0.59	0.67	0.77	0.7	0.35	0.68	0.94	0.64	0.07		0.8	-0.39	0.74	0.9	0.57	0.64	0.52	0.54	0.68	0.54	0.55	0.7
Other Current Assets	0.85	0.56	0.85	0.77	0.71	0.78	0.77	0.85	0.31	0.79	0.9	0.64	-0.04	0.8		-0.49	0.85	0.87	0.61	0.78	0.73	0.72	0.85	0.65	0.73	0.72
Other Stockholder Equity	-0.1	0.26	-0.11	0.01	-0.47	0.0	-0.11	-0.11	-0.13	-0.03	-0.37	-0.07	0.79	-0.39	-0.49		-0.1	-0.3	0.19	-0.07	0.14	0.13	-0.17	0.08	0.14	0.08
Total Liab	1.0	0.8	1.0	0.99	0.68	0.99	0.96	1.0	0.47	0.99	0.89	0.87	0.37	0.74	0.85	-0.1		0.93	0.92	0.97	0.88	0.94	0.98	0.92	0.94	0.97
Deferred Long Term Liab	0.93	0.64	0.92	0.9	0.73	0.89	0.91	0.91	0.57	0.89	0.95	0.83	0.19	0.9	0.87	-0.3	0.93		0.8	0.86	0.75	0.82	0.91	0.81	0.82	0.89
Long Term Investments	0.93	0.82	0.92	0.96	0.53	0.95	0.91	0.92	0.49	0.95	0.72	0.9	0.62	0.57	0.61	0.19	0.92	0.8		0.95	0.83	0.91	0.87	0.96	0.9	0.96
Total Current Assets	0.97	0.8	0.98	0.98	0.71	0.97	0.92	0.98	0.45	0.98	0.82	0.87	0.4	0.64	0.78	-0.07	0.97	0.86	0.95		0.85	0.92	0.95	0.95	0.91	0.95
Intangible Assets	0.88	0.95	0.86	0.87	0.59	0.86	0.82	0.86	0.31	0.86	0.64	0.68	0.37	0.52	0.73	0.14	0.88	0.75	0.83	0.85		0.89	0.84	0.89	0.93	0.89
Common Stock	0.94	0.84	0.95	0.95	0.57	0.97	0.85	0.95	0.49	0.95	0.73	0.79	0.53	0.54	0.72	0.13	0.94	0.82	0.91	0.92	0.89		0.94	0.91	0.99	0.93
Property Plant Equipment	0.98	0.74	0.98	0.97	0.69	0.98	0.93	0.98	0.55	0.97	0.86	0.82	0.3	0.68	0.85	-0.17	0.98	0.91	0.87	0.95	0.84	0.94		0.9	0.93	0.93
Net Debt	0.92	0.86	0.91	0.95	0.66	0.93	0.91	0.92	0.58	0.93	0.69	0.86	0.43	0.54	0.65	0.08	0.92	0.81	0.96	0.95	0.89	0.91	0.9		0.92	0.96
Common Stock Shares Outstanding	0.94	0.87	0.93	0.95	0.58	0.95	0.85	0.94	0.49	0.94	0.72	0.78	0.51	0.55	0.73	0.14	0.94	0.82	0.9	0.91	0.93	0.99	0.93	0.92		0.94
Net Invested Capital	0.97	0.85	0.96	0.99	0.6	0.97	0.96	0.95	0.52	0.97	0.81	0.88	0.49	0.7	0.72	0.08	0.97	0.89	0.96	0.95	0.89	0.93	0.93	0.96	0.94

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Bank of Changsha Account Relationship Matchups

Bank of Changsha fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	602.0B	704.2B	796.2B	904.7B	1.0T	695.8B
Other Current Liab	1.1B	1.8B	1.5B	2.6B	3.0B	3.1B
Total Current Liabilities	531.6B	619.4B	710.7B	809.2B	930.6B	577.3B
Total Stockholder Equity	40.6B	44.3B	55.0B	60.2B	66.1B	43.8B
Other Liab	2.3B	1.8B	2.0B	2.0B	2.3B	2.1B
Net Tangible Assets	34.0B	37.7B	48.2B	52.7B	60.6B	36.2B
Retained Earnings	25.0B	28.9B	33.6B	38.7B	30.2B	26.8B
Accounts Payable	401.3B	479.1B	535.9B	607.2B	698.3B	447.2B
Cash	55.3B	63.0B	611.2B	77.2B	74.4B	125.2B
Other Assets	255.4B	310.9B	364.8B	426.6B	490.6B	263.6B
Net Receivables	108.9M	328.2M	287.6M	226.3M	260.3M	165.4M
Inventory	421.4M	407.4M	302.0M	259.5M	298.5M	317.0M
Other Current Assets	38.1B	42.1B	41.1B	45.0B	51.8B	44.6B
Other Stockholder Equity	297.3M	72.1M	183.7M	319.2M	367.0M	385.4M
Total Liab	560.2B	658.5B	739.5B	842.6B	951.7B	650.8B
Deferred Long Term Liab	322.6M	336.0M	363.6M	318.2M	365.9M	332.8M
Long Term Investments	282.8B	326.0B	359.1B	384.8B	423.5B	274.9B
Total Current Assets	137.6B	150.8B	167.6B	199.2B	229.1B	127.1B
Intangible Assets	615.1M	622.0M	854.3M	1.5B	1.7B	1.7B
Property Plant Equipment	1.6B	1.8B	3.0B	3.2B	3.7B	2.0B
Net Debt	77.8B	79.9B	97.0B	97.1B	97.9B	88.7B
Net Invested Capital	167.8B	181.2B	211.4B	228.6B	232.4B	195.5B

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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.

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Bank Net Income From Continuing Ops vs Gross Profit Analysis

Net Income From Continuing Ops vs Gross Profit

Net Income From Continuing Ops vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Gross Profit

Bank of Changsha fundamental ratios Correlations

Bank of Changsha Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Changsha fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Bank Stock

COMMON DESTINATIONS

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COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Other Assets	+ 1.0	Total Stockholder Equity

Other Stockholder Equity	- 0.49	Other Current Assets
Other Stockholder Equity	- 0.47	Other Liab
Other Stockholder Equity	- 0.39	Inventory
Other Stockholder Equity	- 0.37	Long Term Debt
Deferred Long Term Liab	- 0.3	Other Stockholder Equity
Short Term Investments	- 0.21	Other Liab