Tongyu Research Development vs Net Income From Continuing Ops Analysis

002792 Stock

16.53 0.50 2.94%

Tongyu Communication financial indicator trend analysis is much more than just breaking down Tongyu Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tongyu Communication is a good investment. Please check the relationship between Tongyu Communication Research Development 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 Tongyu Communication. 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.

Research Development vs Net Income From Continuing Ops

Research Development 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 Tongyu Communication Research Development account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.

The correlation between Tongyu Communication's Research Development and Net Income From Continuing Ops is -0.81. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Tongyu Communication, assuming nothing else is changed. The correlation between historical values of Tongyu Communication's Research Development 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 Research Development of Tongyu Communication 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 Research Development i.e., Tongyu Communication's Research Development and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.81

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Research Development

Net Income From Continuing Ops

Most indicators from Tongyu Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tongyu Communication 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 Tongyu Communication. 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 136 M. The current year's Tax Provision is expected to grow to about 11.3 M

	2021	2022	2023	2024 (projected)
Operating Income	64.3M	43.3M	20.6M	19.5M
Total Revenue	1.4B	1.4B	1.3B	1.2B

Operating Income Total Revenue

Tongyu Communication fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Short Term Investments	Other Stockholder Equity	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Good Will	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		-0.21	0.89	0.98	0.89	0.96	0.86	0.75	0.84	0.82	0.9	0.79	0.9	0.35	0.86	0.94	0.9	0.34	0.57	0.92	0.86	0.33	0.52	-0.72	0.52	0.65
Other Current Liab	-0.21		-0.05	-0.26	-0.25	-0.18	-0.03	0.16	-0.48	0.01	-0.06	-0.1	-0.05	0.2	-0.48	-0.3	-0.37	-0.51	-0.38	-0.32	-0.37	-0.54	0.16	0.55	-0.46	-0.4
Total Current Liabilities	0.89	-0.05		0.81	0.86	0.91	0.99	0.79	0.69	0.95	0.93	0.75	1.0	0.42	0.69	0.81	0.64	0.08	0.33	0.72	0.69	0.13	0.54	-0.54	0.28	0.37
Total Stockholder Equity	0.98	-0.26	0.81		0.84	0.92	0.76	0.68	0.86	0.72	0.85	0.76	0.81	0.29	0.87	0.94	0.95	0.43	0.64	0.94	0.87	0.4	0.47	-0.75	0.6	0.73
Other Liab	0.89	-0.25	0.86	0.84		0.83	0.84	0.73	0.68	0.81	0.83	0.69	0.87	0.54	0.75	0.91	0.72	0.14	0.43	0.77	0.8	0.19	0.51	-0.59	0.36	0.43
Retained Earnings	0.96	-0.18	0.91	0.92	0.83		0.87	0.74	0.74	0.85	0.87	0.81	0.91	0.4	0.76	0.89	0.78	0.25	0.46	0.82	0.78	0.2	0.52	-0.6	0.35	0.48
Accounts Payable	0.86	-0.03	0.99	0.76	0.84	0.87		0.8	0.66	0.95	0.93	0.74	0.99	0.41	0.66	0.78	0.58	0.02	0.26	0.68	0.65	0.07	0.58	-0.52	0.2	0.32
Cash	0.75	0.16	0.79	0.68	0.73	0.74	0.8		0.51	0.87	0.76	0.83	0.8	0.6	0.53	0.74	0.52	-0.23	0.24	0.66	0.62	-0.11	0.65	-0.34	0.03	0.22
Other Assets	0.84	-0.48	0.69	0.86	0.68	0.74	0.66	0.51		0.56	0.74	0.61	0.69	0.0	0.98	0.79	0.91	0.66	0.73	0.94	0.87	0.67	0.34	-0.95	0.73	0.87
Net Receivables	0.82	0.01	0.95	0.72	0.81	0.85	0.95	0.87	0.56		0.87	0.76	0.94	0.57	0.59	0.76	0.54	-0.1	0.3	0.63	0.63	0.02	0.46	-0.39	0.16	0.23
Inventory	0.9	-0.06	0.93	0.85	0.83	0.87	0.93	0.76	0.74	0.87		0.8	0.94	0.4	0.72	0.78	0.7	0.2	0.39	0.76	0.67	0.16	0.55	-0.57	0.31	0.5
Other Current Assets	0.79	-0.1	0.75	0.76	0.69	0.81	0.74	0.83	0.61	0.76	0.8		0.76	0.51	0.57	0.72	0.61	0.0	0.28	0.69	0.57	0.03	0.58	-0.37	0.19	0.36
Total Liab	0.9	-0.05	1.0	0.81	0.87	0.91	0.99	0.8	0.69	0.94	0.94	0.76		0.43	0.7	0.82	0.64	0.08	0.32	0.73	0.7	0.11	0.57	-0.55	0.26	0.37
Intangible Assets	0.35	0.2	0.42	0.29	0.54	0.4	0.41	0.6	0.0	0.57	0.4	0.51	0.43		0.13	0.33	0.1	-0.31	0.06	0.19	0.17	-0.22	0.12	0.2	-0.23	-0.25
Common Stock	0.86	-0.48	0.69	0.87	0.75	0.76	0.66	0.53	0.98	0.59	0.72	0.57	0.7	0.13		0.83	0.93	0.66	0.79	0.96	0.91	0.69	0.28	-0.94	0.73	0.83
Property Plant Equipment	0.94	-0.3	0.81	0.94	0.91	0.89	0.78	0.74	0.79	0.76	0.78	0.72	0.82	0.33	0.83		0.87	0.25	0.57	0.89	0.93	0.29	0.55	-0.72	0.5	0.61
Net Tangible Assets	0.9	-0.37	0.64	0.95	0.72	0.78	0.58	0.52	0.91	0.54	0.7	0.61	0.64	0.1	0.93	0.87		0.62	0.78	0.96	0.9	0.62	0.31	-0.86	0.79	0.88
Short Term Investments	0.34	-0.51	0.08	0.43	0.14	0.25	0.02	-0.23	0.66	-0.1	0.2	0.0	0.08	-0.31	0.66	0.25	0.62		0.74	0.53	0.46	0.89	-0.26	-0.71	0.78	0.8
Other Stockholder Equity	0.57	-0.38	0.33	0.64	0.43	0.46	0.26	0.24	0.73	0.3	0.39	0.28	0.32	0.06	0.79	0.57	0.78	0.74		0.71	0.77	0.85	-0.21	-0.73	0.82	0.83
Total Current Assets	0.92	-0.32	0.72	0.94	0.77	0.82	0.68	0.66	0.94	0.63	0.76	0.69	0.73	0.19	0.96	0.89	0.96	0.53	0.71		0.92	0.54	0.45	-0.87	0.66	0.81
Non Current Assets Total	0.86	-0.37	0.69	0.87	0.8	0.78	0.65	0.62	0.87	0.63	0.67	0.57	0.7	0.17	0.91	0.93	0.9	0.46	0.77	0.92		0.55	0.38	-0.85	0.67	0.76
Non Currrent Assets Other	0.33	-0.54	0.13	0.4	0.19	0.2	0.07	-0.11	0.67	0.02	0.16	0.03	0.11	-0.22	0.69	0.29	0.62	0.89	0.85	0.54	0.55		-0.41	-0.72	0.89	0.79
Non Current Liabilities Total	0.52	0.16	0.54	0.47	0.51	0.52	0.58	0.65	0.34	0.46	0.55	0.58	0.57	0.12	0.28	0.55	0.31	-0.26	-0.21	0.45	0.38	-0.41		-0.28	-0.2	0.12
Good Will	-0.72	0.55	-0.54	-0.75	-0.59	-0.6	-0.52	-0.34	-0.95	-0.39	-0.57	-0.37	-0.55	0.2	-0.94	-0.72	-0.86	-0.71	-0.73	-0.87	-0.85	-0.72	-0.28		-0.77	-0.88
Common Stock Shares Outstanding	0.52	-0.46	0.28	0.6	0.36	0.35	0.2	0.03	0.73	0.16	0.31	0.19	0.26	-0.23	0.73	0.5	0.79	0.78	0.82	0.66	0.67	0.89	-0.2	-0.77		0.89
Net Invested Capital	0.65	-0.4	0.37	0.73	0.43	0.48	0.32	0.22	0.87	0.23	0.5	0.36	0.37	-0.25	0.83	0.61	0.88	0.8	0.83	0.81	0.76	0.79	0.12	-0.88	0.89

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Tongyu Communication Account Relationship Matchups

Tongyu Communication fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.2B	3.8B	3.6B	3.7B	2.4B
Other Current Liab	31.6M	34.2M	54.1M	43.4M	17.5M	16.6M
Total Current Liabilities	1.0B	976.7M	1.0B	749.0M	877.4M	729.7M
Total Stockholder Equity	2.0B	2.0B	2.7B	2.8B	2.8B	1.6B
Other Liab	69.3M	66.1M	62.3M	57.3M	65.9M	50.4M
Retained Earnings	989.0M	1.1B	993.0M	1.1B	969.2M	731.0M
Accounts Payable	948.9M	844.3M	911.9M	614.9M	675.0M	614.9M
Cash	1.2B	683.3M	1.4B	640.7M	463.0M	702.9M
Other Assets	45.7M	53.7M	81.3M	64.4M	74.0M	77.7M
Net Receivables	871.1M	579.0M	750.8M	499.1M	598.0M	560.2M
Inventory	409.5M	398.9M	526.7M	428.1M	370.3M	341.5M
Other Current Assets	40.1M	40.5M	85.3M	39.0M	34.0M	36.1M
Total Liab	1.1B	1.1B	1.1B	813.5M	911.8M	784.4M
Intangible Assets	52.6M	39.7M	36.2M	33.6M	31.3M	48.2M
Common Stock	225.8M	225.2M	337.8M	402.1M	462.4M	485.5M
Property Plant Equipment	444.2M	410.7M	459.7M	423.1M	486.5M	291.3M
Net Tangible Assets	1.9B	1.9B	2.6B	2.7B	3.1B	2.1B
Short Term Investments	215.3K	563.9M	373.3M	1.2B	1.2B	1.2B
Other Stockholder Equity	(1.2M)	(7.2M)	345.3K	8.7M	10.0M	10.5M
Total Current Assets	2.5B	2.6B	3.2B	2.9B	3.0B	2.8B
Non Current Assets Total	601.7M	568.0M	646.3M	644.7M	728.2M	642.5M
Non Currrent Assets Other	384.3K	13.0M	34.3M	69.0M	149.8M	157.3M
Non Current Liabilities Total	69.3M	93.1M	97.6M	64.4M	34.4M	32.6M
Net Invested Capital	2.0B	2.1B	2.7B	2.8B	2.9B	2.6B
Net Working Capital	1.5B	1.6B	2.2B	2.2B	2.1B	2.0B
Deferred Long Term Liab	1.5M	974.0K	4.1M	7.2M	8.2M	8.6M

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

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Tongyu Research Development vs Net Income From Continuing Ops Analysis

Research Development vs Net Income From Continuing Ops

Research Development vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Research Development

Net Income From Continuing Ops

Tongyu Communication fundamental ratios Correlations

Tongyu Communication Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tongyu Communication fundamental ratios Accounts

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Other Information on Investing in Tongyu Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Accounts Payable
Total Stockholder Equity	+ 0.98	Total Assets
Common Stock	+ 0.98	Other Assets
Retained Earnings	+ 0.96	Total Assets

Good Will	- 0.95	Other Assets
Good Will	- 0.94	Common Stock
Net Invested Capital	- 0.88	Good Will
Good Will	- 0.87	Total Current Assets
Good Will	- 0.86	Net Tangible Assets
Good Will	- 0.85	Non Current Assets Total