Guangzhou Other Operating Expenses vs Net Income From Continuing Ops Analysis

688020 Stock   37.96  1.42  3.89%   
Guangzhou Fangbang financial indicator trend analysis is much more than just examining Guangzhou Fangbang latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Fangbang is a good investment. Please check the relationship between Guangzhou Fangbang Other Operating Expenses and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Fangbang Electronics. 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.

Other Operating Expenses vs Net Income From Continuing Ops

Other Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Fangbang Other Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Guangzhou Fangbang's Other Operating Expenses and Net Income From Continuing Ops is -0.03. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Guangzhou Fangbang Electronics, assuming nothing else is changed. The correlation between historical values of Guangzhou Fangbang's Other Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Guangzhou Fangbang Electronics are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Other Operating Expenses i.e., Guangzhou Fangbang's Other Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Guangzhou Fangbang. It is also known as Guangzhou Fangbang overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income From Continuing Ops

Most indicators from Guangzhou Fangbang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Fangbang 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 Guangzhou Fangbang Electronics. 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 27.8 M, whereas Tax Provision is projected to grow to (3.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit146.7M90.3M97.4M122.2M
Total Revenue286.4M312.6M345.1M304.6M

Guangzhou Fangbang fundamental ratios Correlations

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0.910.680.630.940.90.590.930.69-0.5-0.04-0.260.770.330.620.130.940.760.810.640.890.910.870.880.67-0.66
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-0.5-0.4-0.73-0.44-0.44-0.26-0.67-0.55-0.70.690.54-0.5-0.47-0.730.38-0.3-0.74-0.5-0.72-0.51-0.51-0.16-0.51-0.740.74
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0.810.351.00.750.760.620.870.80.91-0.97-0.69-0.730.890.82-0.570.630.840.831.00.820.80.440.830.96-0.98
-0.060.38-0.570.050.010.13-0.54-0.09-0.430.640.870.38-0.37-0.54-0.570.21-0.2-0.1-0.55-0.04-0.010.42-0.06-0.510.55
0.940.650.630.980.960.940.560.880.68-0.490.04-0.30.780.40.630.210.730.910.630.950.960.960.940.65-0.63
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0.970.510.830.950.980.810.750.870.86-0.74-0.29-0.50.930.660.83-0.10.910.840.830.960.970.790.950.84-0.82
0.820.341.00.760.770.640.880.80.92-0.98-0.7-0.720.90.821.0-0.550.630.850.830.830.810.450.840.97-0.99
0.980.580.820.980.970.890.720.910.82-0.71-0.22-0.510.870.60.82-0.040.950.820.960.830.990.871.00.82-0.82
1.00.60.81.00.990.910.760.940.85-0.69-0.22-0.510.90.530.8-0.010.960.870.970.810.990.860.980.83-0.81
0.820.650.440.880.850.870.330.740.46-0.30.27-0.160.580.290.440.420.960.550.790.450.870.860.860.44-0.43
0.960.570.830.970.960.880.710.90.81-0.73-0.24-0.510.860.630.83-0.060.940.810.950.841.00.980.860.82-0.83
0.860.350.970.790.810.670.960.860.99-0.92-0.69-0.740.940.670.96-0.510.650.910.840.970.820.830.440.82-0.99
-0.83-0.33-0.99-0.77-0.78-0.66-0.93-0.83-0.950.960.720.74-0.91-0.74-0.980.55-0.63-0.87-0.82-0.99-0.82-0.81-0.43-0.83-0.99
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Guangzhou Fangbang Account Relationship Matchups

Guangzhou Fangbang fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.8B1.9B2.0B1.9B1.4B
Other Current Liab6.9M44.6M8.4M15.6M8.1M13.5M
Total Current Liabilities31.2M119.4M256.1M332.3M357.0M374.8M
Total Stockholder Equity1.5B1.6B1.6B1.5B1.5B1.2B
Net Tangible Assets1.5B1.6B1.6B1.5B1.7B1.1B
Retained Earnings379.5M458.7M451.5M368.5M259.5M335.3M
Accounts Payable12.8M17.4M144.6M167.2M127.6M67.8M
Cash225.6M417.0M408.3M468.1M309.3M296.5M
Non Current Assets Total140.8M424.5M840.2M947.2M932.9M485.7M
Non Currrent Assets Other37.8M28.5M16.3M16.6M7.4M7.0M
Other Assets46.1M43.5M29.3M30.9M27.8M29.6M
Net Receivables161.5M112.5M118.2M91.2M111.0M104.7M
Inventory27.1M25.6M51.0M49.4M61.7M34.7M
Other Current Assets3.0M23.9M63.4M22.8M308.9M324.4M
Total Liab31.2M153.4M290.5M407.7M442.6M464.7M
Deferred Long Term Liab5.6M6.1M2.4M63.9K57.5K54.6K
Total Current Assets1.4B1.4B1.1B1.0B1.0B930.5M
Intangible Assets1.2M35.0M35.0M33.9M32.9M20.0M
Property Plant Equipment64.8M346.1M773.4M882.4M1.0B1.1B
Net Invested Capital1.5B1.7B1.7B1.7B1.7B1.4B
Net Working Capital1.4B1.2B833.7M688.4M655.5M853.9M

Currently Active Assets on Macroaxis

Other Information on Investing in Guangzhou Stock

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