Shanghai Net Income From Continuing Ops vs Interest Income Analysis

900957 Stock   0.39  0.02  5.41%   
Shanghai Lingyun financial indicator trend analysis is much more than just breaking down Shanghai Lingyun Ind prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Lingyun Ind is a good investment. Please check the relationship between Shanghai Lingyun Net Income From Continuing Ops and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Lingyun Industries. 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 Interest Income

Net Income From Continuing Ops vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Lingyun Ind Net Income From Continuing Ops account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Shanghai Lingyun's Net Income From Continuing Ops and Interest Income is -0.81. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income in the same time period over historical financial statements of Shanghai Lingyun Industries, assuming nothing else is changed. The correlation between historical values of Shanghai Lingyun's Net Income From Continuing Ops and Interest 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 Net Income From Continuing Ops of Shanghai Lingyun Industries are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income From Continuing Ops i.e., Shanghai Lingyun's Net Income From Continuing Ops and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.81
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income From Continuing Ops

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Shanghai Lingyun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Lingyun Ind 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 Shanghai Lingyun Industries. 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 1, 2024, Selling General Administrative is expected to decline to about 3.5 M. In addition to that, Tax Provision is expected to decline to about 3.3 M
 2021 2022 2023 2024 (projected)
Operating Income55.9M62.5M60.4M46.0M
Total Revenue113.1M119.9M122.8M155.5M

Shanghai Lingyun fundamental ratios Correlations

0.190.650.630.490.520.480.550.20.710.550.490.60.970.7-0.030.660.30.090.280.30.350.120.410.3-0.17
0.190.770.130.82-0.030.810.810.020.040.760.820.690.19-0.440.24-0.29-0.57-0.25-0.45-0.43-0.560.01-0.53-0.280.4
0.650.770.410.960.240.880.97-0.180.430.940.960.890.640.030.2-0.03-0.39-0.21-0.26-0.09-0.280.21-0.170.080.26
0.630.130.410.410.760.150.35-0.250.770.510.410.210.440.33-0.010.2-0.010.310.71-0.090.63-0.40.51-0.17-0.37
0.490.820.960.410.260.780.95-0.330.410.981.00.870.45-0.110.17-0.25-0.54-0.17-0.26-0.2-0.310.04-0.29-0.130.25
0.52-0.030.240.760.260.010.25-0.250.950.420.250.050.360.31-0.620.1-0.030.640.8-0.090.72-0.580.62-0.15-0.83
0.480.810.880.150.780.010.890.060.170.740.790.740.51-0.210.190.0-0.38-0.2-0.4-0.19-0.450.35-0.230.180.35
0.550.810.970.350.950.250.89-0.220.410.930.950.870.54-0.090.08-0.13-0.43-0.09-0.26-0.12-0.30.21-0.160.10.22
0.20.02-0.18-0.25-0.33-0.250.06-0.22-0.24-0.35-0.33-0.060.30.24-0.020.710.52-0.01-0.090.13-0.050.05-0.090.00.06
0.710.040.430.770.410.950.170.41-0.240.540.40.280.580.47-0.50.210.030.50.680.00.64-0.360.620.04-0.7
0.550.760.940.510.980.420.740.93-0.350.540.980.820.48-0.050.05-0.21-0.51-0.04-0.1-0.19-0.16-0.06-0.17-0.150.09
0.490.820.960.411.00.250.790.95-0.330.40.980.870.45-0.110.19-0.25-0.54-0.19-0.27-0.2-0.320.04-0.3-0.130.26
0.60.690.890.210.870.050.740.87-0.060.280.820.870.640.180.210.06-0.2-0.22-0.410.01-0.40.33-0.280.130.38
0.970.190.640.440.450.360.510.540.30.580.480.450.640.72-0.010.710.350.00.10.380.210.280.320.4-0.07
0.7-0.440.030.33-0.110.31-0.21-0.090.240.47-0.05-0.110.180.72-0.080.80.750.090.360.610.540.170.540.42-0.26
-0.030.240.2-0.010.17-0.620.190.08-0.02-0.50.050.190.21-0.01-0.080.0-0.06-0.85-0.490.07-0.460.41-0.420.020.83
0.66-0.29-0.030.2-0.250.10.0-0.130.710.21-0.21-0.250.060.710.80.00.80.080.270.520.420.210.420.37-0.12
0.3-0.57-0.39-0.01-0.54-0.03-0.38-0.430.520.03-0.51-0.54-0.20.350.75-0.060.80.110.270.560.420.240.460.43-0.16
0.09-0.25-0.210.31-0.170.64-0.2-0.09-0.010.5-0.04-0.19-0.220.00.09-0.850.080.110.69-0.140.64-0.420.55-0.06-0.75
0.28-0.45-0.260.71-0.260.8-0.4-0.26-0.090.68-0.1-0.27-0.410.10.36-0.490.270.270.69-0.030.93-0.580.8-0.12-0.82
0.3-0.43-0.09-0.09-0.2-0.09-0.19-0.120.130.0-0.19-0.20.010.380.610.070.520.56-0.14-0.030.280.40.170.410.09
0.35-0.56-0.280.63-0.310.72-0.45-0.3-0.050.64-0.16-0.32-0.40.210.54-0.460.420.420.640.930.28-0.430.770.0-0.74
0.120.010.21-0.40.04-0.580.350.210.05-0.36-0.060.040.330.280.170.410.210.24-0.42-0.580.4-0.43-0.030.820.59
0.41-0.53-0.170.51-0.290.62-0.23-0.16-0.090.62-0.17-0.3-0.280.320.54-0.420.420.460.550.80.170.77-0.030.49-0.7
0.3-0.280.08-0.17-0.13-0.150.180.10.00.04-0.15-0.130.130.40.420.020.370.43-0.06-0.120.410.00.820.490.06
-0.170.40.26-0.370.25-0.830.350.220.06-0.70.090.260.38-0.07-0.260.83-0.12-0.16-0.75-0.820.09-0.740.59-0.70.06
Click cells to compare fundamentals

Shanghai Lingyun Account Relationship Matchups

Shanghai Lingyun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.0B1.0B1.1B1.1B884.2M
Other Current Liab5.9M6.2M8.2M9.2M765K726.8K
Total Current Liabilities118.0M82.5M109.5M116.9M28.7M27.3M
Total Stockholder Equity476.1M497.9M525.6M566.1M606.3M385.1M
Retained Earnings(67.4M)(45.6M)(18.0M)22.5M62.8M65.9M
Accounts Payable3.0M2.1M2.5M3.1M1.1M1.1M
Cash36.1M16.1M1.2M41.2M48.6M46.2M
Other Assets28.3M23.8M20.1M18.2M21.0M26.4M
Net Receivables186.1M207.7M265.9M291.9M328.8M345.3M
Other Current Assets9.6M3.2K83.2K181.2K163.0K154.9K
Total Liab540.8M509.8M497.2M499.5M457.5M470.7M
Intangible Assets5.8M5.5M5.2M5.0M4.7M4.5M
Property Plant Equipment505.4M472.3M438.1M405.3M466.1M316.3M
Long Term Debt422.9M427.3M387.2M377.3M422.1M363.0M
Net Tangible Assets469.6M491.7M519.6M560.4M644.4M505.7M
Deferred Long Term Liab27.3M22.6M18.4M14.8M13.3M17.2M
Short Long Term Debt52.7M47.4M25.0M25.0M15.0M14.3M
Total Current Assets231.8M246.9M286.2M355.6M378.7M292.4M
Non Current Assets Total785.9M761.7M737.3M710.9M686.0M613.0M
Non Current Liabilities Total422.9M427.3M387.7M382.7M428.8M352.8M
Net Debt434.2M411.2M411.0M361.2M388.5M340.3M
Net Invested Capital946.4M925.2M937.8M968.5M1.0B1.1B
Net Working Capital113.8M164.3M176.8M238.7M350.0M195.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Shanghai Stock

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