Shenzhen Net Income vs Net Income From Continuing Ops Analysis

000061 Stock   7.77  0.05  0.65%   
Shenzhen Agricultural financial indicator trend analysis is much more than just breaking down Shenzhen Agricultural prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Agricultural is a good investment. Please check the relationship between Shenzhen Agricultural Net Income 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 Shenzhen Agricultural Products. 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 vs Net Income From Continuing Ops

Net Income 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 Shenzhen Agricultural Net Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen Agricultural's Net Income and Net Income From Continuing Ops is 0.9. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Shenzhen Agricultural Products, assuming nothing else is changed. The correlation between historical values of Shenzhen Agricultural's Net Income 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 Net Income of Shenzhen Agricultural Products 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 Net Income i.e., Shenzhen Agricultural's Net Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income

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

Net Income From Continuing Ops

Most indicators from Shenzhen Agricultural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Agricultural 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 Shenzhen Agricultural Products. 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 12, 2024, Selling General Administrative is expected to decline to about 310.9 M. In addition to that, Tax Provision is expected to decline to about 202.9 M
 2021 2022 2023 2024 (projected)
Operating Income688.2M654.1M790.0M829.5M
Total Revenue4.1B4.4B5.5B5.8B

Shenzhen Agricultural fundamental ratios Correlations

0.20.980.940.820.580.670.610.80.82-0.040.67-0.010.990.60.880.2-0.36-0.780.720.340.670.53-0.660.440.6
0.20.250.19-0.24-0.16-0.420.39-0.230.160.29-0.30.240.190.120.210.180.560.2-0.28-0.27-0.13-0.40.180.56-0.33
0.980.250.930.760.610.650.640.730.71-0.020.65-0.010.960.570.870.33-0.36-0.740.690.310.610.53-0.630.380.57
0.940.190.930.690.60.590.560.650.660.020.530.210.890.560.940.44-0.34-0.630.630.270.520.47-0.540.330.47
0.82-0.240.760.690.70.930.470.990.75-0.210.92-0.170.840.450.57-0.09-0.7-0.930.850.50.830.79-0.840.10.87
0.58-0.160.610.60.70.810.330.660.19-0.480.770.20.560.080.390.45-0.86-0.560.830.310.530.91-0.73-0.150.68
0.67-0.420.650.590.930.810.260.910.51-0.360.94-0.20.690.350.440.03-0.84-0.880.870.570.680.89-0.78-0.130.81
0.610.390.640.560.470.330.260.460.540.330.280.240.610.10.530.21-0.2-0.360.330.280.50.23-0.450.380.38
0.8-0.230.730.650.990.660.910.460.78-0.220.9-0.210.830.420.54-0.17-0.67-0.930.840.530.840.75-0.820.110.85
0.820.160.710.660.750.190.510.540.780.180.52-0.250.850.660.66-0.32-0.12-0.770.470.350.640.24-0.480.520.48
-0.040.29-0.020.02-0.21-0.48-0.360.33-0.220.18-0.5-0.07-0.060.320.22-0.020.520.17-0.580.11-0.3-0.60.460.03-0.39
0.67-0.30.650.530.920.770.940.280.90.52-0.5-0.20.710.290.35-0.08-0.79-0.890.890.40.780.89-0.870.030.87
-0.010.24-0.010.21-0.170.2-0.20.24-0.21-0.25-0.07-0.2-0.09-0.480.160.6-0.030.33-0.02-0.22-0.090.04-0.010.04-0.09
0.990.190.960.890.840.560.690.610.830.85-0.060.71-0.090.60.830.11-0.36-0.820.740.360.70.54-0.680.470.63
0.60.120.570.560.450.080.350.10.420.660.320.29-0.480.60.59-0.150.04-0.560.150.130.240.03-0.150.260.17
0.880.210.870.940.570.390.440.530.540.660.220.350.160.830.590.44-0.16-0.540.440.230.390.27-0.360.310.33
0.20.180.330.44-0.090.450.030.21-0.17-0.32-0.02-0.080.60.11-0.150.44-0.160.190.12-0.11-0.230.190.03-0.12-0.08
-0.360.56-0.36-0.34-0.7-0.86-0.84-0.2-0.67-0.120.52-0.79-0.03-0.360.04-0.16-0.160.56-0.81-0.42-0.63-0.920.770.36-0.74
-0.780.2-0.74-0.63-0.93-0.56-0.88-0.36-0.93-0.770.17-0.890.33-0.82-0.56-0.540.190.56-0.73-0.48-0.72-0.640.69-0.11-0.71
0.72-0.280.690.630.850.830.870.330.840.47-0.580.89-0.020.740.150.440.12-0.81-0.730.460.780.91-0.890.120.82
0.34-0.270.310.270.50.310.570.280.530.350.110.4-0.220.360.130.23-0.11-0.42-0.480.460.430.39-0.42-0.160.29
0.67-0.130.610.520.830.530.680.50.840.64-0.30.78-0.090.70.240.39-0.23-0.63-0.720.780.430.66-0.940.130.82
0.53-0.40.530.470.790.910.890.230.750.24-0.60.890.040.540.030.270.19-0.92-0.640.910.390.66-0.85-0.120.86
-0.660.18-0.63-0.54-0.84-0.73-0.78-0.45-0.82-0.480.46-0.87-0.01-0.68-0.15-0.360.030.770.69-0.89-0.42-0.94-0.85-0.11-0.89
0.440.560.380.330.1-0.15-0.130.380.110.520.030.030.040.470.260.31-0.120.36-0.110.12-0.160.13-0.12-0.11-0.01
0.6-0.330.570.470.870.680.810.380.850.48-0.390.87-0.090.630.170.33-0.08-0.74-0.710.820.290.820.86-0.89-0.01
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Shenzhen Agricultural Account Relationship Matchups

Shenzhen Agricultural fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.6B19.4B20.7B21.0B21.3B12.4B
Other Current Liab1.4B1.4B1.6B1.7B26.5M25.2M
Total Current Liabilities7.4B7.5B7.8B8.3B8.7B5.1B
Total Stockholder Equity5.2B5.4B5.7B5.7B6.1B3.8B
Other Liab2.7B2.6B2.9B2.8B3.2B3.4B
Retained Earnings702.3M909.5M1.2B1.3B1.2B1.3B
Accounts Payable918.5M943.2M1.0B1.3B1.6B1.7B
Cash2.3B1.4B1.5B1.5B1.6B1.4B
Other Assets8.3B8.5B8.0B8.2B9.4B9.9B
Long Term Debt2.7B2.1B1.9B1.7B1.4B1.1B
Net Receivables797.7M95.9M124.8M205.0M271.3M489.7M
Inventory578.0M705.7M907.2M849.3M903.0M948.2M
Other Current Assets303.8M349.4M491.6M427.2M198.3M302.4M
Total Liab12.7B12.3B13.2B13.5B13.4B7.5B
Intangible Assets1.8B1.6B1.6B1.4B1.3B957.4M
Property Plant Equipment3.1B3.6B4.8B5.3B6.1B3.7B
Net Tangible Assets3.4B3.8B4.1B4.3B4.9B3.5B
Other Stockholder Equity(159.2K)(278.9K)(333.2K)(157.8K)(181.5K)(190.6K)
Deferred Long Term Liab347.0M365.3M291.6M259.1M297.9M301.0M
Non Current Assets Total15.5B16.0B16.7B17.3B17.6B17.6B
Non Currrent Assets Other16.3M16.5M17.8M25.6M17.8M16.9M
Non Current Liabilities Total5.3B4.8B5.4B5.2B4.7B4.1B
Short Long Term Debt4.2B4.6B4.6B4.5B4.8B4.9B
Total Current Assets4.1B3.4B3.9B3.7B3.7B4.0B
Non Current Liabilities Other2.1B2.5B147.0M114.1M102.7M97.5M
Net Debt4.4B5.3B5.0B4.7B4.7B3.9B
Net Invested Capital11.9B12.1B12.2B11.9B12.4B13.2B
Net Working Capital(3.3B)(4.1B)(3.9B)(4.7B)(5.0B)(5.2B)

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Other Information on Investing in Shenzhen Stock

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