Kuangda Discontinued Operations vs Net Income From Continuing Ops Analysis

002516 Stock   5.22  0.05  0.95%   
Kuangda Technology financial indicator trend analysis is infinitely more than just investigating Kuangda Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kuangda Technology is a good investment. Please check the relationship between Kuangda Technology Discontinued Operations 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 Kuangda Technology Group. 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.

Discontinued Operations vs Net Income From Continuing Ops

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

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Discontinued Operations

Net Income From Continuing Ops

Most indicators from Kuangda Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kuangda Technology 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 Kuangda Technology Group. 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.
At present, Kuangda Technology's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 43 M, whereas Discontinued Operations is projected to grow to (506.16).
 2021 2022 2023 2024 (projected)
Operating Income251.7M259.9M239.7M267.4M
Total Revenue1.7B1.8B1.8B1.6B

Kuangda Technology fundamental ratios Correlations

0.050.720.690.790.840.410.80.860.850.450.720.840.60.950.750.760.410.49-0.11-0.270.330.320.370.33-0.23
0.050.51-0.4-0.190.280.370.44-0.120.010.030.450.16-0.530.180.38-0.410.51-0.560.460.60.280.21-0.590.280.58
0.720.510.00.240.930.480.850.350.630.221.00.72-0.030.880.930.180.84-0.190.20.380.560.27-0.310.560.4
0.69-0.40.00.910.240.10.30.880.570.440.010.490.890.440.090.89-0.30.9-0.35-0.78-0.120.20.87-0.12-0.76
0.79-0.190.240.910.450.260.550.890.570.670.230.70.770.60.290.82-0.080.77-0.11-0.59-0.050.340.71-0.05-0.61
0.840.280.930.240.450.440.880.520.80.30.930.820.170.930.840.370.680.020.060.160.420.28-0.090.420.19
0.410.370.480.10.260.440.410.260.330.270.470.23-0.110.410.5-0.070.49-0.140.30.380.40.53-0.270.40.34
0.80.440.850.30.550.880.410.510.710.550.820.80.190.840.750.390.540.070.120.080.20.2-0.010.20.06
0.86-0.120.350.880.890.520.260.510.730.390.350.680.780.690.410.830.040.73-0.31-0.540.160.30.650.16-0.51
0.850.010.630.570.570.80.330.710.730.160.640.630.460.790.580.60.320.33-0.35-0.220.220.10.240.22-0.15
0.450.030.220.440.670.30.270.550.390.160.20.460.290.40.290.360.130.350.37-0.090.030.470.250.03-0.19
0.720.451.00.010.230.930.470.820.350.640.20.7-0.020.890.950.190.86-0.190.190.380.580.26-0.310.580.41
0.840.160.720.490.70.820.230.80.680.630.460.70.40.850.640.530.40.30.07-0.130.30.240.240.3-0.13
0.6-0.53-0.030.890.770.17-0.110.190.780.460.29-0.020.40.390.050.92-0.380.97-0.54-0.88-0.17-0.050.93-0.17-0.86
0.950.180.880.440.60.930.410.840.690.790.40.890.850.390.90.570.660.250.060.00.530.340.110.530.04
0.750.380.930.090.290.840.50.750.410.580.290.950.640.050.90.270.9-0.110.270.350.670.38-0.250.670.38
0.76-0.410.180.890.820.37-0.070.390.830.60.360.190.530.920.570.27-0.160.87-0.43-0.79-0.130.070.84-0.13-0.75
0.410.510.84-0.3-0.080.680.490.540.040.320.130.860.4-0.380.660.9-0.16-0.50.50.720.780.4-0.630.780.74
0.49-0.56-0.190.90.770.02-0.140.070.730.330.35-0.190.30.970.25-0.110.87-0.5-0.47-0.9-0.240.060.96-0.24-0.89
-0.110.460.2-0.35-0.110.060.30.12-0.31-0.350.370.190.07-0.540.060.27-0.430.5-0.470.610.360.5-0.540.360.55
-0.270.60.38-0.78-0.590.160.380.08-0.54-0.22-0.090.38-0.13-0.880.00.35-0.790.72-0.90.610.560.27-0.970.560.99
0.330.280.56-0.12-0.050.420.40.20.160.220.030.580.3-0.170.530.67-0.130.78-0.240.360.560.48-0.431.00.62
0.320.210.270.20.340.280.530.20.30.10.470.260.24-0.050.340.380.070.40.060.50.270.48-0.130.480.27
0.37-0.59-0.310.870.71-0.09-0.27-0.010.650.240.25-0.310.240.930.11-0.250.84-0.630.96-0.54-0.97-0.43-0.13-0.43-0.97
0.330.280.56-0.12-0.050.420.40.20.160.220.030.580.3-0.170.530.67-0.130.78-0.240.360.561.00.48-0.430.62
-0.230.580.4-0.76-0.610.190.340.06-0.51-0.15-0.190.41-0.13-0.860.040.38-0.750.74-0.890.550.990.620.27-0.970.62
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Kuangda Technology Account Relationship Matchups

Kuangda Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.0B4.1B4.4B4.4B3.8B
Other Current Liab86.6M41.9M28.9M298.1K804.6K764.4K
Total Current Liabilities526.1M507.2M556.2M578.0M686.5M904.6M
Total Stockholder Equity3.6B3.4B3.4B3.7B3.6B2.6B
Retained Earnings1.0B875.1M991.5M897.3M787.7M751.7M
Accounts Payable357.1M384.1M438.1M435.1M540.0M486.8M
Cash356.0M371.4M278.7M614.1M306.9M571.1M
Other Assets164.5M78.8M79.0M87.0M100.1M96.9M
Net Receivables871.6M784.7M1.1B867.2M894.3M728.4M
Inventory209.8M209.4M274.8M266.6M332.7M229.6M
Other Current Assets162.6M88.4M60.8M26.2M84.5M80.3M
Total Liab530.2M511.1M619.0M658.1M777.2M1.1B
Intangible Assets155.1M156.9M150.3M147.6M74.8M130.5M
Property Plant Equipment1.6B1.5B1.4B1.4B1.6B1.5B
Other Liab6.7M4.1M3.8M2.6M2.3M2.2M
Net Tangible Assets3.6B3.4B3.2B3.2B3.7B3.5B
Other Stockholder Equity(6.5K)(8.5K)(689.0K)(9.6M)(8.6M)(8.2M)
Deferred Long Term Liab32.8M25.9M25.6M27.6M24.9M29.0M
Total Current Assets2.3B2.1B2.0B2.3B2.3B1.9B
Non Current Assets Total1.8B1.9B2.0B2.1B2.1B1.8B
Non Currrent Assets Other4.2M6.1M10.6M8.6M5.7M5.4M
Non Current Liabilities Total4.1M3.8M62.8M80.0M90.7M128.5M
Net Invested Capital3.6B3.4B3.4B3.7B3.6B2.9B
Net Working Capital1.8B1.6B1.5B1.7B1.7B1.4B

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Other Information on Investing in Kuangda Stock

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