Tianshui Discontinued Operations vs Net Income Analysis

002185 Stock   11.84  0.14  1.20%   
Tianshui Huatian financial indicator trend analysis is much more than just breaking down Tianshui Huatian Tec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianshui Huatian Tec is a good investment. Please check the relationship between Tianshui Huatian Discontinued Operations and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianshui Huatian Technology. 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.

Discontinued Operations vs Net Income

Discontinued Operations vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianshui Huatian Tec Discontinued Operations account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tianshui Huatian's Discontinued Operations and Net Income is -0.15. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Net Income in the same time period over historical financial statements of Tianshui Huatian Technology, assuming nothing else is changed. The correlation between historical values of Tianshui Huatian's Discontinued Operations and Net 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 Discontinued Operations of Tianshui Huatian Technology are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Discontinued Operations i.e., Tianshui Huatian's Discontinued Operations and Net Income go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Discontinued Operations

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Tianshui Huatian Tec financial statement analysis. It represents the amount of money remaining after all of Tianshui Huatian Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Tianshui Huatian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianshui Huatian Tec 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 Tianshui Huatian Technology. 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.
The current year's Selling General Administrative is expected to grow to about 175.8 M, whereas Tax Provision is projected to grow to (45.1 M).
 2021 2022 2023 2024 (projected)
Operating Income2.1B1.0B80.2M76.2M
Total Revenue12.1B11.9B11.3B11.9B

Tianshui Huatian fundamental ratios Correlations

0.970.820.991.00.981.00.460.711.00.950.951.00.970.970.970.990.960.320.960.990.990.960.920.960.99
0.970.890.980.950.970.970.280.830.960.870.910.970.990.940.950.980.890.190.910.980.951.00.860.920.98
0.820.890.840.80.830.84-0.130.850.820.630.720.830.830.770.790.810.750.120.790.830.780.920.630.740.85
0.990.980.840.980.970.990.420.730.990.940.950.990.980.970.970.980.960.30.941.00.990.970.890.960.99
1.00.950.80.980.970.990.470.660.990.950.960.990.950.970.970.970.970.350.970.980.990.940.90.950.99
0.980.970.830.970.970.990.390.790.980.890.890.990.970.910.970.980.910.240.920.970.940.960.940.940.99
1.00.970.840.990.990.990.420.740.990.930.931.00.970.950.970.990.950.280.950.990.970.960.920.951.0
0.460.28-0.130.420.470.390.42-0.140.450.670.530.440.370.470.450.430.520.370.420.420.490.210.580.50.39
0.710.830.850.730.660.790.74-0.140.70.50.520.740.790.590.730.750.6-0.120.590.740.630.850.640.70.77
1.00.960.820.990.990.980.990.450.70.950.940.990.960.960.980.970.970.350.950.990.980.950.920.970.99
0.950.870.630.940.950.890.930.670.50.950.950.930.890.940.920.920.970.430.90.940.960.840.880.940.92
0.950.910.720.950.960.890.930.530.520.940.950.930.921.00.910.940.920.380.950.950.980.880.840.890.93
1.00.970.830.990.990.991.00.440.740.990.930.930.970.950.970.990.950.290.950.990.970.960.930.961.0
0.970.990.830.980.950.970.970.370.790.960.890.920.970.950.950.990.890.20.910.990.950.970.90.930.98
0.970.940.770.970.970.910.950.470.590.960.941.00.950.950.930.960.920.350.960.970.990.920.850.90.95
0.970.950.790.970.970.970.970.450.730.980.920.910.970.950.930.960.940.370.910.970.960.940.940.960.97
0.990.980.810.980.970.980.990.430.750.970.920.940.990.990.960.960.920.230.920.990.970.960.920.940.99
0.960.890.750.960.970.910.950.520.60.970.970.920.950.890.920.940.920.440.910.950.960.890.860.960.94
0.320.190.120.30.350.240.280.37-0.120.350.430.380.290.20.350.370.230.440.30.280.390.20.370.40.26
0.960.910.790.940.970.920.950.420.590.950.90.950.950.910.960.910.920.910.30.940.960.90.820.850.95
0.990.980.831.00.980.970.990.420.740.990.940.950.990.990.970.970.990.950.280.940.980.970.90.960.99
0.990.950.780.990.990.940.970.490.630.980.960.980.970.950.990.960.970.960.390.960.980.930.880.940.97
0.961.00.920.970.940.960.960.210.850.950.840.880.960.970.920.940.960.890.20.90.970.930.830.910.97
0.920.860.630.890.90.940.920.580.640.920.880.840.930.90.850.940.920.860.370.820.90.880.830.930.91
0.960.920.740.960.950.940.950.50.70.970.940.890.960.930.90.960.940.960.40.850.960.940.910.930.95
0.990.980.850.990.990.991.00.390.770.990.920.931.00.980.950.970.990.940.260.950.990.970.970.910.95
Click cells to compare fundamentals

Tianshui Huatian Account Relationship Matchups

Tianshui Huatian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.0B19.3B30.0B31.0B33.8B35.4B
Short Long Term Debt Total3.3B4.2B6.3B7.1B10.0B10.5B
Other Current Liab80.7M73.8M78.0M830.9M811.3M851.9M
Total Current Liabilities4.1B5.0B8.2B8.2B9.6B10.1B
Total Stockholder Equity7.8B8.5B15.0B15.8B15.8B16.6B
Other Liab514.7M579.6M637.7M807.9M929.1M975.6M
Property Plant And Equipment Net9.3B10.9B15.9B18.4B19.9B20.9B
Current Deferred Revenue497.4M614.9M1.1B213.3M145.6M212.8M
Net Debt1.2B1.3B(823.4M)1.9B4.5B4.8B
Retained Earnings2.6B3.2B4.5B5.1B5.2B5.5B
Accounts Payable1.7B2.1B3.8B2.8B2.8B3.0B
Cash2.1B2.9B7.1B5.2B5.5B5.7B
Non Current Assets Total11.2B13.2B18.5B21.1B22.6B23.7B
Long Term Debt1.6B2.1B3.0B2.7B4.0B4.2B
Cash And Short Term Investments2.1B2.9B7.1B5.5B6.3B6.7B
Net Receivables1.5B1.7B2.0B2.0B2.6B2.7B
Liabilities And Stockholders Equity16.0B19.3B30.0B31.0B33.8B35.4B
Non Current Liabilities Total2.1B2.7B3.8B3.6B4.5B4.7B
Inventory1.1B1.4B2.2B2.3B2.1B2.2B
Other Current Assets103.3M133.3M98.1M96.6M65.6M55.4M
Other Stockholder Equity2.1B2.3B7.1B7.2B7.2B7.5B
Total Liab6.1B7.7B12.0B11.8B14.1B14.8B
Total Current Assets4.8B6.1B11.5B9.9B11.1B11.7B
Short Term Debt1.8B2.2B3.1B4.3B5.8B6.1B
Intangible Assets431.4M490.8M445.8M420.7M484.9M509.2M
Property Plant Equipment9.3B10.9B15.9B18.4B21.2B22.2B
Other Assets464.2M426.1M1.0879.1M857.0M0.95
Non Currrent Assets Other222.0M391.1M500.6M889.5M145.5M252.6M
Good Will811.2M772.7M729.9M753.9M729.2M390.7M
Net Tangible Assets6.5B7.2B13.9B14.6B16.8B8.6B
Short Term Investments(15.5M)(25.0M)(168.7M)298.9M876.5M920.3M
Deferred Long Term Liab8.1M18.3M164.1M160.6M184.7M193.9M
Short Long Term Debt1.5B1.6B1.7B2.1B2.4B1.5B
Net Invested Capital10.7B12.1B19.8B20.6B22.3B15.9B
Net Working Capital763.1M1.1B3.3B1.8B1.5B1.6B

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Other Information on Investing in Tianshui Stock

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