China Operating Income vs Selling General Administrative Analysis

601939 Stock   7.88  0.04  0.51%   
China Construction financial indicator trend analysis is way more than just evaluating China Construction Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Construction Bank is a good investment. Please check the relationship between China Construction 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 China Construction Bank. 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 China Construction Bank Operating Income account and Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between China Construction's Operating Income and Selling General Administrative is -0.34. 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 China Construction Bank, assuming nothing else is changed. The correlation between historical values of China Construction'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 China Construction Bank 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., China Construction's Operating Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from China Construction Bank 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 China Construction Bank 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 China Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Construction Bank 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 Construction Bank. 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 184.6 B. The current year's Tax Provision is expected to grow to about 66.3 B
 2023 2024 (projected)
Gross Profit440.7B384.6B
Total Revenue768.6B764.3B

China Construction fundamental ratios Correlations

0.061.00.990.990.990.880.990.4-0.440.910.960.06-0.53-0.910.770.841.0-0.910.620.810.780.81-0.63-0.480.72
0.060.080.110.110.070.240.020.190.450.370.150.75-0.510.07-0.28-0.30.050.0-0.440.58-0.270.58-0.70.30.22
1.00.080.990.991.00.870.990.44-0.370.920.970.08-0.53-0.910.720.811.0-0.920.630.830.730.83-0.64-0.440.75
0.990.110.990.991.00.910.980.44-0.370.940.970.08-0.52-0.930.720.830.99-0.930.550.840.740.84-0.65-0.450.76
0.990.110.990.991.00.890.990.43-0.360.930.970.09-0.48-0.90.70.80.99-0.910.580.830.710.83-0.62-0.370.7
0.990.071.01.01.00.880.990.43-0.380.930.970.07-0.48-0.910.710.820.99-0.920.590.820.730.82-0.61-0.420.73
0.880.240.870.910.890.880.840.56-0.160.840.920.05-0.5-0.90.540.720.88-0.890.370.830.560.83-0.7-0.270.73
0.990.020.990.980.990.990.840.37-0.450.890.950.05-0.48-0.880.760.810.99-0.890.660.780.770.78-0.58-0.440.68
0.40.190.440.440.430.430.560.370.420.450.510.15-0.36-0.42-0.060.160.4-0.420.290.54-0.060.54-0.510.050.52
-0.440.45-0.37-0.37-0.36-0.38-0.16-0.450.42-0.16-0.190.240.180.32-0.89-0.58-0.440.23-0.45-0.04-0.88-0.04-0.040.660.05
0.910.370.920.940.930.930.840.890.45-0.160.930.29-0.56-0.820.540.680.9-0.850.330.920.560.92-0.75-0.340.79
0.960.150.970.970.970.970.920.950.51-0.190.930.08-0.45-0.930.570.780.95-0.960.520.840.590.84-0.64-0.310.81
0.060.750.080.080.090.070.050.050.150.240.290.08-0.540.21-0.18-0.270.050.08-0.350.53-0.170.53-0.650.240.13
-0.53-0.51-0.53-0.52-0.48-0.48-0.5-0.48-0.360.18-0.56-0.45-0.540.38-0.45-0.24-0.530.37-0.22-0.77-0.45-0.770.890.48-0.57
-0.910.07-0.91-0.93-0.9-0.91-0.9-0.88-0.420.32-0.82-0.930.210.38-0.69-0.91-0.910.98-0.53-0.68-0.71-0.680.50.53-0.82
0.77-0.280.720.720.70.710.540.76-0.06-0.890.540.57-0.18-0.45-0.690.830.77-0.610.580.421.00.42-0.31-0.80.38
0.84-0.30.810.830.80.820.720.810.16-0.580.680.78-0.27-0.24-0.910.830.84-0.870.450.50.840.5-0.31-0.670.67
1.00.051.00.990.990.990.880.990.4-0.440.90.950.05-0.53-0.910.770.84-0.910.630.810.780.81-0.62-0.480.72
-0.910.0-0.92-0.93-0.91-0.92-0.89-0.89-0.420.23-0.85-0.960.080.370.98-0.61-0.87-0.91-0.48-0.73-0.62-0.730.530.42-0.86
0.62-0.440.630.550.580.590.370.660.29-0.450.330.52-0.35-0.22-0.530.580.450.63-0.480.230.570.23-0.07-0.360.27
0.810.580.830.840.830.820.830.780.54-0.040.920.840.53-0.77-0.680.420.50.81-0.730.230.441.0-0.94-0.250.77
0.78-0.270.730.740.710.730.560.77-0.06-0.880.560.59-0.17-0.45-0.711.00.840.78-0.620.570.440.44-0.33-0.80.41
0.810.580.830.840.830.820.830.780.54-0.040.920.840.53-0.77-0.680.420.50.81-0.730.231.00.44-0.94-0.250.77
-0.63-0.7-0.64-0.65-0.62-0.61-0.7-0.58-0.51-0.04-0.75-0.64-0.650.890.5-0.31-0.31-0.620.53-0.07-0.94-0.33-0.940.26-0.69
-0.480.3-0.44-0.45-0.37-0.42-0.27-0.440.050.66-0.34-0.310.240.480.53-0.8-0.67-0.480.42-0.36-0.25-0.8-0.250.26-0.49
0.720.220.750.760.70.730.730.680.520.050.790.810.13-0.57-0.820.380.670.72-0.860.270.770.410.77-0.69-0.49
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China Construction Account Relationship Matchups

China Construction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.4T28.1T30.3T34.6T38.3T29.5T
Other Current Liab432.5B466.5B368.2B387.3B348.6B344.9B
Total Current Liabilities22.0T24.6T26.3T28.1T32.3T24.1T
Total Stockholder Equity2.2T2.4T2.6T2.9T3.2T2.4T
Other Liab355.1B426.5B496.9B618.6B711.4B375.9B
Net Tangible Assets2.1T2.3T2.5T2.8T3.2T2.2T
Retained Earnings1.7T1.9T2.1T2.3T1.7T1.8T
Accounts Payable19.8T22.3T24.0T27.6T31.7T22.3T
Cash6.2T3.7T27.5T3.9T3.9T3.8T
Other Assets15.0T16.6T18.6T371.2B334.0B317.3B
Net Receivables11.3B18.6B22.4B23.7B27.3B15.5B
Good Will2.8B2.2B2.1B2.3B2.5B2.0B
Inventory1.9B1.2B797M668M601.2M571.1M
Other Current Assets2.2T2.5T2.4T21.0T24.2T25.4T
Other Stockholder Equity72.0B55.0B61.3B100.8B115.9B121.7B
Total Liab23.2T25.7T27.6T31.7T35.2T27.0T
Deferred Long Term Liab6.4B4.3B3.9B4.1B3.7B4.4B
Long Term Investments721.4B5.2T7.7T6.6T9.7T5.4T
Total Current Assets4.2T4.5T4.0T26.0T30.0T31.5T
Intangible Assets4.5B5.3B5.9B6.5B6.5B4.9B
Property Plant Equipment195.2B198.5B194.7B167.0B192.0B195.8B
Net Invested Capital3.7T3.6T4.2T4.8T5.4T4.3T

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Construction Bank at a specified time, usually calculated after every quarter, six months, or one year. China Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Construction 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.