Hong Net Income vs Gross Profit Analysis

HKLB Stock

7.41 0.00 0.00%

Hong Kong financial indicator trend analysis is much more than just examining Hong Kong Land latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hong Kong Land is a good investment. Please check the relationship between Hong Kong Net Income and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hong Kong Land Net Income account and Gross Profit. At this time, the significance of the direction appears to have no relationship.

The correlation between Hong Kong's Net Income and Gross Profit is 0.01. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Hong Kong Land, assuming nothing else is changed. The correlation between historical values of Hong Kong's Net Income 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 of Hong Kong Land 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 i.e., Hong Kong's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hong Kong Land financial statement analysis. It represents the amount of money remaining after all of Hong Kong Land operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hong Kong Land minus its cost of goods sold. It is profit before Hong Kong 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 Hong Kong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hong Kong Land 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hong Kong Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 232.7 M in 2024. Tax Provision is likely to gain to about 208.2 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	202.5M	234.9M	243.3M	255.5M
Depreciation And Amortization	16.3M	17.5M	16.5M	17.3M

Interest Expense Depreciation And Amortization

Hong Kong fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Net Debt	Cash	Cash And Short Term Investments	Short Term Debt	Current Deferred Revenue	Accounts Payable	Common Stock	Net Receivables	Inventory	Retained Earnings	Other Assets	Intangible Assets
Total Assets		-0.42	0.84	0.99	0.77	1.0	0.94	-0.13	0.61	-0.53	-0.43	0.74	0.83	0.67	0.56	0.41	0.41	0.63	0.64	0.77	0.3	0.63	0.39	0.75	0.59	0.22
Other Current Liab	-0.42		-0.58	-0.31	-0.5	-0.41	-0.45	0.0	-0.77	0.13	0.3	-0.74	-0.46	-0.76	-0.73	-0.14	-0.14	-0.4	-0.09	-0.63	-0.02	-0.22	-0.25	-0.25	0.01	-0.21
Total Current Liabilities	0.84	-0.58		0.76	0.75	0.82	0.71	-0.19	0.75	-0.33	-0.32	0.9	0.86	0.83	0.75	0.34	0.34	0.84	0.5	0.94	0.1	0.41	0.61	0.61	0.55	0.04
Total Stockholder Equity	0.99	-0.31	0.76		0.72	0.99	0.95	-0.1	0.48	-0.55	-0.46	0.62	0.8	0.54	0.44	0.43	0.43	0.56	0.65	0.69	0.36	0.65	0.33	0.74	0.55	0.27
Property Plant And Equipment Net	0.77	-0.5	0.75	0.72		0.79	0.67	-0.37	0.71	-0.44	-0.05	0.77	0.52	0.73	0.66	0.3	0.3	0.68	0.32	0.64	-0.25	0.53	0.22	0.94	0.77	-0.22
Non Current Assets Total	1.0	-0.41	0.82	0.99	0.79		0.94	-0.14	0.6	-0.54	-0.41	0.72	0.79	0.66	0.56	0.38	0.38	0.63	0.62	0.74	0.29	0.64	0.35	0.77	0.61	0.22
Non Currrent Assets Other	0.94	-0.45	0.71	0.95	0.67	0.94		0.05	0.46	-0.57	-0.64	0.58	0.76	0.52	0.41	0.43	0.43	0.49	0.54	0.65	0.46	0.67	0.23	0.68	0.34	0.45
Common Stock Shares Outstanding	-0.13	0.0	-0.19	-0.1	-0.37	-0.14	0.05		-0.23	0.01	-0.52	-0.23	-0.1	-0.18	-0.17	-0.01	-0.01	-0.25	-0.6	-0.16	0.78	-0.04	-0.47	-0.4	-0.44	0.84
Non Current Liabilities Total	0.61	-0.77	0.75	0.48	0.71	0.6	0.46	-0.23		-0.22	-0.05	0.97	0.57	0.98	0.95	0.11	0.11	0.58	0.24	0.74	-0.14	0.28	0.45	0.46	0.48	-0.08
Other Current Assets	-0.53	0.13	-0.33	-0.55	-0.44	-0.54	-0.57	0.01	-0.22		0.32	-0.28	-0.4	-0.27	-0.15	-0.51	-0.51	-0.37	-0.3	-0.22	-0.24	-0.98	0.17	-0.46	-0.25	-0.18
Other Stockholder Equity	-0.43	0.3	-0.32	-0.46	-0.05	-0.41	-0.64	-0.52	-0.05	0.32		-0.16	-0.56	-0.11	0.0	-0.44	-0.44	-0.09	-0.09	-0.35	-0.71	-0.34	-0.12	-0.09	0.34	-0.8
Total Liab	0.74	-0.74	0.9	0.62	0.77	0.72	0.58	-0.23	0.97	-0.28	-0.16		0.72	0.98	0.93	0.21	0.21	0.72	0.36	0.87	-0.05	0.35	0.54	0.55	0.54	-0.04
Total Current Assets	0.83	-0.46	0.86	0.8	0.52	0.79	0.76	-0.1	0.57	-0.4	-0.56	0.72		0.61	0.46	0.62	0.62	0.54	0.63	0.89	0.34	0.46	0.68	0.46	0.3	0.24
Short Long Term Debt Total	0.67	-0.76	0.83	0.54	0.73	0.66	0.52	-0.18	0.98	-0.27	-0.11	0.98	0.61		0.97	0.12	0.12	0.71	0.26	0.78	-0.06	0.34	0.43	0.49	0.5	-0.02
Net Debt	0.56	-0.73	0.75	0.44	0.66	0.56	0.41	-0.17	0.95	-0.15	0.0	0.93	0.46	0.97		-0.13	-0.13	0.68	0.2	0.7	-0.11	0.22	0.39	0.39	0.47	-0.05
Cash	0.41	-0.14	0.34	0.43	0.3	0.38	0.43	-0.01	0.11	-0.51	-0.44	0.21	0.62	0.12	-0.13		1.0	0.13	0.26	0.33	0.19	0.48	0.15	0.38	0.12	0.13
Cash And Short Term Investments	0.41	-0.14	0.34	0.43	0.3	0.38	0.43	-0.01	0.11	-0.51	-0.44	0.21	0.62	0.12	-0.13	1.0		0.13	0.26	0.33	0.19	0.48	0.15	0.38	0.12	0.13
Short Term Debt	0.63	-0.4	0.84	0.56	0.68	0.63	0.49	-0.25	0.58	-0.37	-0.09	0.72	0.54	0.71	0.68	0.13	0.13		0.36	0.67	-0.06	0.44	0.33	0.54	0.56	-0.13
Current Deferred Revenue	0.64	-0.09	0.5	0.65	0.32	0.62	0.54	-0.6	0.24	-0.3	-0.09	0.36	0.63	0.26	0.2	0.26	0.26	0.36		0.49	0.03	0.38	0.61	0.36	0.3	-0.15
Accounts Payable	0.77	-0.63	0.94	0.69	0.64	0.74	0.65	-0.16	0.74	-0.22	-0.35	0.87	0.89	0.78	0.7	0.33	0.33	0.67	0.49		0.14	0.3	0.73	0.48	0.4	0.09
Common Stock	0.3	-0.02	0.1	0.36	-0.25	0.29	0.46	0.78	-0.14	-0.24	-0.71	-0.05	0.34	-0.06	-0.11	0.19	0.19	-0.06	0.03	0.14		0.25	-0.13	-0.24	-0.33	0.93
Net Receivables	0.63	-0.22	0.41	0.65	0.53	0.64	0.67	-0.04	0.28	-0.98	-0.34	0.35	0.46	0.34	0.22	0.48	0.48	0.44	0.38	0.3	0.25		-0.13	0.54	0.3	0.2
Inventory	0.39	-0.25	0.61	0.33	0.22	0.35	0.23	-0.47	0.45	0.17	-0.12	0.54	0.68	0.43	0.39	0.15	0.15	0.33	0.61	0.73	-0.13	-0.13		0.14	0.21	-0.23
Retained Earnings	0.75	-0.25	0.61	0.74	0.94	0.77	0.68	-0.4	0.46	-0.46	-0.09	0.55	0.46	0.49	0.39	0.38	0.38	0.54	0.36	0.48	-0.24	0.54	0.14		0.78	-0.23
Other Assets	0.59	0.01	0.55	0.55	0.77	0.61	0.34	-0.44	0.48	-0.25	0.34	0.54	0.3	0.5	0.47	0.12	0.12	0.56	0.3	0.4	-0.33	0.3	0.21	0.78		-0.48
Intangible Assets	0.22	-0.21	0.04	0.27	-0.22	0.22	0.45	0.84	-0.08	-0.18	-0.8	-0.04	0.24	-0.02	-0.05	0.13	0.13	-0.13	-0.15	0.09	0.93	0.2	-0.23	-0.23	-0.48

Click cells to compare fundamentals

Hong Kong Account Relationship Matchups

Hong Kong fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.3B	44.3B	43.9B	42.6B	40.8B	27.5B
Other Current Liab	261M	(1.6B)	(2.2B)	(1.7B)	189.8M	199.3M
Total Current Liabilities	2.4B	2.4B	3.3B	2.4B	2.7B	1.5B
Total Stockholder Equity	38.2B	35.7B	34.6B	33.3B	32.0B	21.7B
Property Plant And Equipment Net	140M	137.6M	140.2M	124.8M	111.8M	106.2M
Non Current Assets Total	40.6B	39.2B	38.4B	37.9B	36.2B	24.2B
Non Currrent Assets Other	40.5B	39.0B	38.1B	37.7B	26.7B	20.2B
Liabilities And Stockholders Equity	45.3B	44.3B	43.9B	42.6B	40.8B	27.5B
Non Current Liabilities Total	4.5B	6.1B	6.0B	6.9B	6.1B	4.2B
Other Current Assets	(2.8B)	(2.9B)	546M	368.6M	392.9M	412.5M
Total Liab	7.0B	8.5B	9.2B	9.3B	8.8B	5.8B
Total Current Assets	4.6B	5.0B	5.5B	4.7B	4.6B	3.3B
Short Long Term Debt Total	5.0B	6.6B	6.6B	7.0B	6.6B	4.1B
Net Debt	3.6B	4.6B	5.1B	5.8B	5.4B	2.7B
Cash	1.4B	2.0B	1.5B	1.2B	1.2B	1.4B
Cash And Short Term Investments	1.4B	2.0B	1.5B	1.2B	1.2B	1.4B
Short Term Debt	715.3M	689.5M	865.3M	419.1M	781.6M	436.7M
Accounts Payable	1.5B	1.6B	2.2B	1.7B	1.7B	1.1B
Net Receivables	3.9B	4.0B	511.7M	233.3M	41.6M	39.5M
Inventory	2.0B	1.9B	3.0B	2.9B	2.9B	2.6B
Retained Earnings	38.0B	34.9B	34.0B	33.4B	32.3B	35.2B
Other Assets	33.3B	30.2B	28.7B	28.2B	40.8B	32.2B
Other Liab	226.5M	227.7M	257.6M	276.3M	317.7M	226.2M
Net Tangible Assets	38.2B	35.7B	34.6B	33.3B	38.3B	36.5B
Long Term Debt	4.0B	4.1B	4.3B	5.9B	6.8B	4.6B
Property Plant Equipment	140M	137.6M	140.2M	124.8M	143.5M	98.8M
Accumulated Other Comprehensive Income	37.8B	35.2B	34.3B	33.1B	31.7B	37.3B
Short Term Investments	2.7B	2.8B	3.4B	2.9B	3.3B	2.4B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Additional Tools for Hong Stock Analysis

When running Hong Kong's price analysis, check to measure Hong Kong's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hong Kong is operating at the current time. Most of Hong Kong's value examination focuses on studying past and present price action to predict the probability of Hong Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Kong's price. Additionally, you may evaluate how the addition of Hong Kong to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Hong Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Hong Kong fundamental ratios Correlations

Hong Kong Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hong Kong fundamental ratios Accounts

Also Currently Popular

Additional Tools for Hong Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Short Long Term Debt Total	+ 0.98	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.98	Total Liab

Net Receivables	- 0.98	Other Current Assets
Intangible Assets	- 0.8	Other Stockholder Equity
Non Current Liabilities Total	- 0.77	Other Current Liab
Short Long Term Debt Total	- 0.76	Other Current Liab
Total Liab	- 0.74	Other Current Liab
Net Debt	- 0.73	Other Current Liab