Shaanxi Operating Income vs Net Receivables Analysis

001299 Stock

12.21 0.36 2.86%

Shaanxi Meineng financial indicator trend analysis is much more than just breaking down Shaanxi Meineng Clean prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Meineng Clean is a good investment. Please check the relationship between Shaanxi Meineng Operating Income and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Meineng Clean. 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.

Operating Income vs Net Receivables

Operating Income vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Meineng Clean Operating Income account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Shaanxi Meineng's Operating Income and Net Receivables is -0.57. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Shaanxi Meineng Clean, assuming nothing else is changed. The correlation between historical values of Shaanxi Meineng's Operating Income and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Shaanxi Meineng Clean are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Operating Income i.e., Shaanxi Meineng's Operating Income and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.57

Relationship Direction	Negative
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from Shaanxi Meineng Clean 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 Shaanxi Meineng Clean 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.

Net Receivables

Most indicators from Shaanxi Meineng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Meineng Clean 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 Shaanxi Meineng Clean. 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 26, 2024, Tax Provision is expected to decline to about 18.8 M. In addition to that, Selling General Administrative is expected to decline to about 15.8 M

	2021	2022	2023	2024 (projected)
Net Interest Income	5.5M	7.8M	9.0M	5.2M
Tax Provision	16.5M	18.2M	20.9M	18.8M

Net Interest Income Tax Provision

Shaanxi Meineng fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Capital Lease Obligations	Non Current Liabilities Other
Total Assets		-0.76	0.98	1.0	0.96	0.68	0.9	0.94	0.9	0.98	0.98	0.84	0.98	-0.77	-0.76	0.98	1.0	1.0	0.98	0.91	0.76	-0.96	0.98
Other Current Liab	-0.76		-0.78	-0.76	-0.89	-0.09	-0.74	-0.82	-0.42	-0.7	-0.65	-0.82	-0.74	0.26	0.62	-0.78	-0.76	-0.74	-0.65	-0.79	-0.91	0.69	-0.67
Total Current Liabilities	0.98	-0.78		0.98	0.95	0.66	0.92	0.98	0.87	0.97	0.97	0.83	0.97	-0.75	-0.77	1.0	0.98	0.97	0.97	0.93	0.84	-0.94	0.96
Total Stockholder Equity	1.0	-0.76	0.98		0.96	0.68	0.89	0.93	0.9	0.98	0.98	0.83	0.98	-0.77	-0.76	0.98	1.0	1.0	0.98	0.9	0.75	-0.96	0.98
Retained Earnings	0.96	-0.89	0.95	0.96		0.46	0.87	0.95	0.75	0.94	0.89	0.93	0.96	-0.62	-0.8	0.96	0.96	0.95	0.89	0.89	0.85	-0.89	0.9
Accounts Payable	0.68	-0.09	0.66	0.68	0.46		0.63	0.55	0.93	0.68	0.81	0.25	0.62	-0.88	-0.37	0.66	0.68	0.69	0.81	0.59	0.24	-0.75	0.78
Cash	0.9	-0.74	0.92	0.89	0.87	0.63		0.91	0.81	0.88	0.9	0.75	0.88	-0.79	-0.8	0.92	0.89	0.89	0.9	1.0	0.78	-0.96	0.94
Non Current Assets Total	0.94	-0.82	0.98	0.93	0.95	0.55	0.91		0.78	0.94	0.92	0.88	0.95	-0.69	-0.8	0.98	0.93	0.92	0.92	0.92	0.9	-0.89	0.9
Non Currrent Assets Other	0.9	-0.42	0.87	0.9	0.75	0.93	0.81	0.78		0.9	0.96	0.57	0.86	-0.91	-0.61	0.87	0.9	0.91	0.96	0.79	0.49	-0.92	0.95
Net Receivables	0.98	-0.7	0.97	0.98	0.94	0.68	0.88	0.94	0.9		0.96	0.88	1.0	-0.83	-0.85	0.97	0.98	0.98	0.96	0.89	0.71	-0.94	0.96
Common Stock Shares Outstanding	0.98	-0.65	0.97	0.98	0.89	0.81	0.9	0.92	0.96	0.96		0.74	0.95	-0.84	-0.71	0.97	0.98	0.98	1.0	0.9	0.71	-0.96	0.99
Short Term Investments	0.84	-0.82	0.83	0.83	0.93	0.25	0.75	0.88	0.57	0.88	0.74		0.91	-0.55	-0.91	0.84	0.83	0.82	0.74	0.78	0.75	-0.74	0.74
Non Current Liabilities Total	0.98	-0.74	0.97	0.98	0.96	0.62	0.88	0.95	0.86	1.0	0.95	0.91		-0.79	-0.87	0.97	0.98	0.97	0.95	0.89	0.74	-0.93	0.94
Inventory	-0.77	0.26	-0.75	-0.77	-0.62	-0.88	-0.79	-0.69	-0.91	-0.83	-0.84	-0.55	-0.79		0.75	-0.75	-0.77	-0.77	-0.84	-0.76	-0.33	0.85	-0.85
Other Current Assets	-0.76	0.62	-0.77	-0.76	-0.8	-0.37	-0.8	-0.8	-0.61	-0.85	-0.71	-0.91	-0.87	0.75		-0.77	-0.76	-0.75	-0.71	-0.81	-0.58	0.76	-0.74
Total Liab	0.98	-0.78	1.0	0.98	0.96	0.66	0.92	0.98	0.87	0.97	0.97	0.84	0.97	-0.75	-0.77		0.98	0.97	0.97	0.93	0.84	-0.94	0.96
Net Invested Capital	1.0	-0.76	0.98	1.0	0.96	0.68	0.89	0.93	0.9	0.98	0.98	0.83	0.98	-0.77	-0.76	0.98		1.0	0.98	0.9	0.75	-0.96	0.98
Total Current Assets	1.0	-0.74	0.97	1.0	0.95	0.69	0.89	0.92	0.91	0.98	0.98	0.82	0.97	-0.77	-0.75	0.97	1.0		0.98	0.89	0.73	-0.96	0.98
Capital Stock	0.98	-0.65	0.97	0.98	0.89	0.81	0.9	0.92	0.96	0.96	1.0	0.74	0.95	-0.84	-0.71	0.97	0.98	0.98		0.9	0.71	-0.96	0.99
Net Working Capital	0.91	-0.79	0.93	0.9	0.89	0.59	1.0	0.92	0.79	0.89	0.9	0.78	0.89	-0.76	-0.81	0.93	0.9	0.89	0.9		0.81	-0.96	0.93
Intangible Assets	0.76	-0.91	0.84	0.75	0.85	0.24	0.78	0.9	0.49	0.71	0.71	0.75	0.74	-0.33	-0.58	0.84	0.75	0.73	0.71	0.81		-0.7	0.7
Capital Lease Obligations	-0.96	0.69	-0.94	-0.96	-0.89	-0.75	-0.96	-0.89	-0.92	-0.94	-0.96	-0.74	-0.93	0.85	0.76	-0.94	-0.96	-0.96	-0.96	-0.96	-0.7		-0.99
Non Current Liabilities Other	0.98	-0.67	0.96	0.98	0.9	0.78	0.94	0.9	0.95	0.96	0.99	0.74	0.94	-0.85	-0.74	0.96	0.98	0.98	0.99	0.93	0.7	-0.99

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Shaanxi Meineng Account Relationship Matchups

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Shaanxi Stock

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

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Shaanxi Operating Income vs Net Receivables Analysis

Operating Income vs Net Receivables

Operating Income vs Net Receivables Correlation Analysis

Correlation Coefficient

Operating Income

Net Receivables

Shaanxi Meineng fundamental ratios Correlations

Shaanxi Meineng Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Shaanxi Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity

Non Current Liabilities Other	- 0.99	Capital Lease Obligations
Capital Lease Obligations	- 0.96	Net Working Capital
Capital Lease Obligations	- 0.96	Capital Stock
Capital Lease Obligations	- 0.96	Total Current Assets
Capital Lease Obligations	- 0.96	Net Invested Capital
Capital Lease Obligations	- 0.96	Common Stock Shares Outstanding