Xiandai Total Operating Expenses vs Operating Income Analysis

000900 Stock   4.61  0.02  0.43%   
Xiandai Investment financial indicator trend analysis is more than just analyzing Xiandai Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiandai Investment is a good investment. Please check the relationship between Xiandai Investment Total Operating Expenses and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiandai Investment 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 board of governors.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xiandai Investment Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Xiandai Investment's Total Operating Expenses and Operating Income is 0.2. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Xiandai Investment Co, assuming nothing else is changed. The correlation between historical values of Xiandai Investment's Total Operating Expenses and Operating 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 Total Operating Expenses of Xiandai Investment Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Xiandai Investment's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Xiandai Investment operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Xiandai Investment Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Xiandai Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiandai Investment 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 Xiandai Investment 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 446.6 M, whereas Tax Provision is forecasted to decline to about 177.1 M.
 2021 2022 2023 2024 (projected)
Operating Income1.1B1.7B1.9B929.1M
Total Revenue16.1B16.4B8.5B5.5B

Xiandai Investment fundamental ratios Correlations

0.670.970.790.880.730.260.720.970.020.090.290.91.00.980.69-0.220.980.87-0.90.840.870.940.280.910.9
0.670.780.60.780.650.360.740.550.060.120.290.330.690.660.49-0.20.570.76-0.730.320.710.750.30.650.71
0.970.780.750.910.710.340.730.920.050.150.320.810.980.950.65-0.260.90.91-0.910.750.880.940.280.870.88
0.790.60.750.810.970.390.850.670.250.210.550.670.770.710.940.030.750.79-0.590.490.760.760.470.770.75
0.880.780.910.810.80.290.820.780.060.130.550.680.880.840.76-0.230.810.85-0.780.590.870.870.420.830.9
0.730.650.710.970.80.460.860.570.390.280.680.570.710.640.950.070.670.74-0.50.340.690.670.530.660.7
0.260.360.340.390.290.460.480.230.40.90.480.10.250.110.40.00.150.53-0.02-0.060.190.160.60.110.05
0.720.740.730.850.820.860.480.620.140.280.540.460.710.630.72-0.260.650.83-0.60.390.760.730.580.720.74
0.970.550.920.670.780.570.230.62-0.160.070.110.910.970.960.55-0.30.970.85-0.910.930.850.920.220.920.85
0.020.060.050.250.060.390.40.14-0.160.50.59-0.06-0.01-0.060.40.17-0.08-0.030.26-0.32-0.23-0.190.07-0.25-0.2
0.090.120.150.210.130.280.90.280.070.50.43-0.030.07-0.040.29-0.160.00.370.17-0.160.02-0.030.57-0.06-0.12
0.290.290.320.550.550.680.480.540.110.590.430.180.260.150.690.20.190.290.04-0.140.220.130.540.090.29
0.90.330.810.670.680.570.10.460.91-0.06-0.030.180.890.880.59-0.030.920.67-0.760.880.730.780.150.790.76
1.00.690.980.770.880.710.250.710.97-0.010.070.260.890.990.67-0.250.970.88-0.920.850.880.950.270.920.9
0.980.660.950.710.840.640.110.630.96-0.06-0.040.150.880.990.61-0.310.970.83-0.950.880.870.950.160.920.9
0.690.490.650.940.760.950.40.720.550.40.290.690.590.670.610.090.650.67-0.430.350.640.620.480.620.66
-0.22-0.2-0.260.03-0.230.070.0-0.26-0.30.17-0.160.2-0.03-0.25-0.310.09-0.24-0.350.37-0.32-0.3-0.33-0.04-0.32-0.24
0.980.570.90.750.810.670.150.650.97-0.080.00.190.920.970.970.65-0.240.82-0.890.90.850.910.260.930.89
0.870.760.910.790.850.740.530.830.85-0.030.370.290.670.880.830.67-0.350.82-0.810.650.90.90.530.870.82
-0.9-0.73-0.91-0.59-0.78-0.5-0.02-0.6-0.910.260.170.04-0.76-0.92-0.95-0.430.37-0.89-0.81-0.85-0.87-0.96-0.06-0.93-0.88
0.840.320.750.490.590.34-0.060.390.93-0.32-0.16-0.140.880.850.880.35-0.320.90.65-0.850.70.82-0.020.870.74
0.870.710.880.760.870.690.190.760.85-0.230.020.220.730.880.870.64-0.30.850.9-0.870.70.930.470.920.94
0.940.750.940.760.870.670.160.730.92-0.19-0.030.130.780.950.950.62-0.330.910.9-0.960.820.930.220.980.92
0.280.30.280.470.420.530.60.580.220.070.570.540.150.270.160.48-0.040.260.53-0.06-0.020.470.220.250.39
0.910.650.870.770.830.660.110.720.92-0.25-0.060.090.790.920.920.62-0.320.930.87-0.930.870.920.980.250.92
0.90.710.880.750.90.70.050.740.85-0.2-0.120.290.760.90.90.66-0.240.890.82-0.880.740.940.920.390.92
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Xiandai Investment Account Relationship Matchups

Xiandai Investment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.5B45.6B57.0B57.9B56.8B59.7B
Other Current Liab7.9B9.3B19.8B13.8B3.2B3.5B
Total Current Liabilities15.2B17.0B27.2B20.4B20.5B21.5B
Total Stockholder Equity10.1B10.9B10.8B11.9B12.3B6.6B
Other Liab204.9M340.3M423.1M331.4M298.3M224.7M
Retained Earnings8.0B8.3B8.7B8.8B7.7B4.0B
Accounts Payable3.6B727.8M966.6M560.6M422.2M423.0M
Cash4.9B5.4B5.4B5.9B3.9B2.3B
Other Assets3.6B4.8B5.8B7.1B8.2B8.6B
Net Receivables1.7B280.3M1.0B414.6M314.2M529.9M
Short Term Investments1.8B418.5M90.2M79.0M199.4M196.1M
Inventory883.8M709.5M674.6M268.1M217.8M274.7M
Other Current Assets1.2B1.7B1.6B1.9B2.8B2.9B
Total Liab24.7B33.9B44.4B44.1B42.6B44.7B
Intangible Assets13.0B23.4B33.2B32.7B32.5B34.1B
Property Plant Equipment2.5B2.3B2.4B1.9B2.1B2.2B
Long Term Debt9.6B17.1B16.8B23.4B21.8B22.9B
Net Tangible Assets(3.2B)(12.9B)(22.7B)(21.1B)(19.0B)(18.0B)
Other Stockholder Equity93.5M593.7M594.3M1.5B1.8B1.9B
Deferred Long Term Liab133.3M264.2M236.9M209.1M240.4M169.2M
Non Current Assets Total24.1B36.2B48.1B48.0B48.3B35.1B
Non Currrent Assets Other1.9B2.7B155.2M557.0M148.1M140.7M
Non Current Liabilities Total9.4B16.9B17.2B23.8B22.1B15.3B
Short Long Term Debt1.9B3.9B3.7B3.7B3.3B3.1B
Total Current Assets11.5B9.4B8.9B9.9B8.5B9.2B
Non Current Liabilities Other(384.0M)(491.2M)25.1M35.4M27.7M29.1M
Net Debt6.6B15.5B15.0B21.3B21.2B14.7B
Net Invested Capital21.6B31.8B31.2B39.1B37.5B31.3B
Net Working Capital(3.8B)(7.6B)(18.3B)(10.4B)(12.0B)(12.6B)

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Other Information on Investing in Xiandai Stock

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