Jinduicheng Ebitda vs Net Income Analysis

601958 Stock   10.51  0.06  0.57%   
Jinduicheng Molybdenum financial indicator trend analysis is infinitely more than just investigating Jinduicheng Molybdenum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinduicheng Molybdenum is a good investment. Please check the relationship between Jinduicheng Molybdenum Ebitda and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinduicheng Molybdenum Co. 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.

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinduicheng Molybdenum Ebitda account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jinduicheng Molybdenum's Ebitda and Net Income is 0.76. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of Jinduicheng Molybdenum Co, assuming nothing else is changed. The correlation between historical values of Jinduicheng Molybdenum's Ebitda 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 Ebitda of Jinduicheng Molybdenum Co 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 Ebitda i.e., Jinduicheng Molybdenum's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebitda

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jinduicheng Molybdenum financial statement analysis. It represents the amount of money remaining after all of Jinduicheng Molybdenum Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Jinduicheng Molybdenum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinduicheng Molybdenum 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 Jinduicheng Molybdenum Co. 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 220.6 M. The current year's Tax Provision is expected to grow to about 644.7 M
 2021 2022 2023 2024 (projected)
Income Before Tax719.4M1.9B4.1B4.3B
Cost Of Revenue6.2B6.2B6.0B6.7B

Jinduicheng Molybdenum fundamental ratios Correlations

-0.680.010.980.450.790.230.630.50.210.240.370.30.470.920.860.960.35-0.2-0.230.35-0.3-0.250.15-0.25-0.13
-0.680.47-0.7-0.54-0.580.17-0.76-0.61-0.020.08-0.260.02-0.6-0.74-0.68-0.760.030.520.74-0.520.620.520.220.520.29
0.010.47-0.160.190.24-0.13-0.08-0.13-0.07-0.130.230.77-0.060.01-0.01-0.130.570.140.36-0.170.30.310.310.31-0.03
0.98-0.7-0.160.340.680.340.590.410.220.320.330.10.420.870.840.970.2-0.2-0.210.34-0.29-0.260.11-0.26-0.12
0.45-0.540.190.340.85-0.640.710.56-0.16-0.550.140.480.880.660.580.420.15-0.36-0.710.6-0.7-0.64-0.35-0.64-0.02
0.79-0.580.240.680.85-0.340.760.67-0.03-0.220.270.570.780.860.770.710.37-0.28-0.490.57-0.57-0.51-0.09-0.51-0.07
0.230.17-0.130.34-0.64-0.34-0.39-0.380.350.720.03-0.32-0.52-0.040.070.210.050.350.69-0.470.620.570.470.570.12
0.63-0.76-0.080.590.710.76-0.390.51-0.36-0.490.640.190.770.640.750.71-0.02-0.69-0.660.82-0.81-0.74-0.03-0.74-0.54
0.5-0.61-0.130.410.560.67-0.380.510.16-0.11-0.080.480.440.630.430.420.49-0.08-0.580.28-0.37-0.25-0.15-0.250.03
0.21-0.02-0.070.22-0.16-0.030.35-0.360.160.67-0.50.2-0.410.290.070.030.330.720.15-0.510.390.39-0.010.390.35
0.240.08-0.130.32-0.55-0.220.72-0.49-0.110.67-0.35-0.09-0.540.12-0.10.150.290.450.46-0.640.640.610.090.610.2
0.37-0.260.230.330.140.270.030.64-0.08-0.5-0.350.090.240.140.530.5-0.06-0.63-0.040.57-0.35-0.310.58-0.31-0.71
0.30.020.770.10.480.57-0.320.190.480.2-0.090.090.110.410.230.110.840.14-0.05-0.090.110.20.140.2-0.05
0.47-0.6-0.060.420.880.78-0.520.770.44-0.41-0.540.240.110.580.620.52-0.16-0.55-0.710.79-0.85-0.81-0.36-0.81-0.07
0.92-0.740.010.870.660.86-0.040.640.630.290.120.140.410.580.780.850.4-0.16-0.470.33-0.4-0.33-0.16-0.33-0.02
0.86-0.68-0.010.840.580.770.070.750.430.07-0.10.530.230.620.780.860.08-0.27-0.360.61-0.54-0.480.25-0.48-0.2
0.96-0.76-0.130.970.420.710.210.710.420.030.150.50.110.520.850.860.17-0.41-0.30.47-0.41-0.360.16-0.36-0.25
0.350.030.570.20.150.370.05-0.020.490.330.29-0.060.84-0.160.40.080.170.210.13-0.420.420.50.170.5-0.01
-0.20.520.14-0.2-0.36-0.280.35-0.69-0.080.720.45-0.630.14-0.55-0.16-0.27-0.410.210.55-0.590.610.540.120.540.7
-0.230.740.36-0.21-0.71-0.490.69-0.66-0.580.150.46-0.04-0.05-0.71-0.47-0.36-0.30.130.55-0.570.80.70.580.70.27
0.35-0.52-0.170.340.60.57-0.470.820.28-0.51-0.640.57-0.090.790.330.610.47-0.42-0.59-0.57-0.93-0.920.01-0.92-0.28
-0.30.620.3-0.29-0.7-0.570.62-0.81-0.370.390.64-0.350.11-0.85-0.4-0.54-0.410.420.610.8-0.930.980.30.980.27
-0.250.520.31-0.26-0.64-0.510.57-0.74-0.250.390.61-0.310.2-0.81-0.33-0.48-0.360.50.540.7-0.920.980.291.00.19
0.150.220.310.11-0.35-0.090.47-0.03-0.15-0.010.090.580.14-0.36-0.160.250.160.170.120.580.010.30.290.29-0.14
-0.250.520.31-0.26-0.64-0.510.57-0.74-0.250.390.61-0.310.2-0.81-0.33-0.48-0.360.50.540.7-0.920.981.00.290.19
-0.130.29-0.03-0.12-0.02-0.070.12-0.540.030.350.2-0.71-0.05-0.07-0.02-0.2-0.25-0.010.70.27-0.280.270.19-0.140.19
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Jinduicheng Molybdenum Account Relationship Matchups

Jinduicheng Molybdenum fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.3B14.3B14.5B15.8B18.3B15.7B
Other Current Liab127.2M111.8M142.9M560.2M11.7M11.1M
Total Current Liabilities1.1B864.9M1.2B1.5B1.4B1.4B
Total Stockholder Equity13.1B12.3B12.0B13.2B15.3B13.2B
Other Liab680.2M671.9M652.9M561.8M646.1M459.1M
Accounts Payable733.5M647.6M759.7M809.9M840.6M622.1M
Cash3.5B2.5B1.7B3.0B3.8B3.4B
Other Assets1.2B1.1B1.2B1.4B1.6B1.7B
Net Receivables1.0B302.6M263.9M140.1M97.5M92.6M
Inventory640.1M511.2M819.8M504.3M423.6M650.3M
Other Current Assets88.0M62.2M186.1M1.3B2.8B2.9B
Total Liab1.7B1.5B1.9B2.1B2.1B2.1B
Intangible Assets2.2B2.1B2.2B2.1B2.2B1.5B
Property Plant Equipment5.9B5.9B5.5B5.3B6.1B5.2B
Retained Earnings3.1B2.3B2.0B3.0B3.8B2.8B
Net Tangible Assets10.9B10.2B9.9B11.1B10.0B8.8B
Other Stockholder Equity84.4M28.4M92.0M192.9M173.6M96.6M
Deferred Long Term Liab823.9M770.9M901.6M1.0B1.2B839.9M
Total Current Assets5.2B4.1B4.5B6.0B8.4B6.4B
Non Current Assets Total10.1B10.2B10.0B9.8B9.9B8.0B
Non Currrent Assets Other61.8M51.9M65.4M72.0M83.6M67.6M
Non Current Liabilities Total680.2M671.9M695.1M655.6M680.5M758.5M
Non Current Liabilities Other403.9M415.9M418.3M340.2M455.2M401.2M
Net Invested Capital13.1B12.3B12.0B13.2B15.3B14.7B
Net Working Capital4.1B3.3B3.3B4.6B7.0B5.0B

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Other Information on Investing in Jinduicheng Stock

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