Guangzhou Net Income vs Ebit Analysis

003010 Stock

22.54 0.41 1.85%

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

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Ruoyuchen Net Income account and Ebit. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Guangzhou Ruoyuchen's Net Income and Ebit is 0.88. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Guangzhou Ruoyuchen Information, assuming nothing else is changed. The correlation between historical values of Guangzhou Ruoyuchen's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Guangzhou Ruoyuchen Information are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Guangzhou Ruoyuchen's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Guangzhou Ruoyuchen financial statement analysis. It represents the amount of money remaining after all of Guangzhou Ruoyuchen Information operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Guangzhou Ruoyuchen's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Ruoyuchen 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 Guangzhou Ruoyuchen Information. 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 Tax Provision is expected to grow to about 4.2 M, whereas Selling General Administrative is forecasted to decline to about 250.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	407.2M	409.1M	549.8M	382.0M
Total Revenue	1.3B	1.2B	1.4B	1.1B

Gross Profit Total Revenue

Guangzhou Ruoyuchen fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Inventory	Other Current Assets	Deferred Long Term Liab	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Cash	Non Current Assets Total	Non Currrent Assets Other	Total Liab	Short Long Term Debt	Non Current Liabilities Other	Intangible Assets	Other Liab	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital
Other Current Liab		-0.42	-0.61	-0.46	-0.39	-0.5	-0.42	-0.46	0.04	0.34	-0.44	-0.6	-0.75	-0.52	-0.51	-0.35	-0.77	-0.35	-0.46	-0.59	-0.18	-0.35	0.05	-0.7	-0.57	-0.44
Total Current Liabilities	-0.42		0.8	0.81	0.65	0.86	0.93	0.89	0.41	-0.66	0.84	0.83	0.68	0.82	0.79	0.7	0.67	0.51	0.96	0.75	0.63	0.72	0.23	0.72	0.78	0.7
Net Tangible Assets	-0.61	0.8		0.94	0.61	0.88	0.84	0.92	0.48	-0.63	0.94	0.87	0.85	0.96	0.96	0.91	0.86	0.8	0.78	0.76	0.72	0.9	0.48	0.88	0.96	0.94
Retained Earnings	-0.46	0.81	0.94		0.63	0.93	0.87	0.96	0.61	-0.64	0.98	0.89	0.72	0.98	0.98	0.93	0.73	0.85	0.74	0.55	0.72	0.95	0.45	0.85	0.95	0.95
Accounts Payable	-0.39	0.65	0.61	0.63		0.48	0.81	0.69	0.61	-0.87	0.69	0.8	0.33	0.56	0.54	0.58	0.32	0.4	0.54	0.36	0.5	0.67	0.38	0.33	0.49	0.54
Other Assets	-0.5	0.86	0.88	0.93	0.48		0.83	0.92	0.47	-0.5	0.91	0.84	0.8	0.95	0.94	0.81	0.79	0.79	0.84	0.62	0.56	0.83	0.18	0.9	0.93	0.85
Net Receivables	-0.42	0.93	0.84	0.87	0.81	0.83		0.92	0.54	-0.86	0.91	0.94	0.59	0.84	0.82	0.79	0.61	0.62	0.83	0.6	0.69	0.85	0.4	0.68	0.77	0.75
Inventory	-0.46	0.89	0.92	0.96	0.69	0.92	0.92		0.67	-0.7	0.98	0.92	0.71	0.95	0.94	0.89	0.68	0.78	0.82	0.64	0.74	0.91	0.45	0.78	0.92	0.92
Other Current Assets	0.04	0.41	0.48	0.61	0.61	0.47	0.54	0.67		-0.54	0.66	0.58	0.2	0.54	0.55	0.6	0.08	0.65	0.28	0.09	0.4	0.68	0.4	0.16	0.49	0.62
Deferred Long Term Liab	0.34	-0.66	-0.63	-0.64	-0.87	-0.5	-0.86	-0.7	-0.54		-0.7	-0.85	-0.29	-0.55	-0.55	-0.59	-0.34	-0.42	-0.48	-0.31	-0.59	-0.72	-0.46	-0.37	-0.47	-0.52
Total Current Assets	-0.44	0.84	0.94	0.98	0.69	0.91	0.91	0.98	0.66	-0.7		0.93	0.67	0.97	0.97	0.96	0.67	0.85	0.76	0.57	0.76	0.93	0.53	0.8	0.94	0.95
Common Stock	-0.6	0.83	0.87	0.89	0.8	0.84	0.94	0.92	0.58	-0.85	0.93		0.62	0.86	0.86	0.82	0.64	0.71	0.73	0.53	0.67	0.85	0.4	0.74	0.82	0.81
Property Plant Equipment	-0.75	0.68	0.85	0.72	0.33	0.8	0.59	0.71	0.2	-0.29	0.67	0.62		0.8	0.79	0.59	0.97	0.61	0.73	0.83	0.31	0.64	0.01	0.88	0.83	0.71
Total Assets	-0.52	0.82	0.96	0.98	0.56	0.95	0.84	0.95	0.54	-0.55	0.97	0.86	0.8		1.0	0.94	0.8	0.86	0.8	0.66	0.71	0.9	0.43	0.9	0.99	0.96
Total Stockholder Equity	-0.51	0.79	0.96	0.98	0.54	0.94	0.82	0.94	0.55	-0.55	0.97	0.86	0.79	1.0		0.95	0.79	0.89	0.75	0.62	0.7	0.91	0.45	0.9	0.99	0.97
Cash	-0.35	0.7	0.91	0.93	0.58	0.81	0.79	0.89	0.6	-0.59	0.96	0.82	0.59	0.94	0.95		0.62	0.89	0.65	0.51	0.82	0.89	0.69	0.77	0.92	0.97
Non Current Assets Total	-0.77	0.67	0.86	0.73	0.32	0.79	0.61	0.68	0.08	-0.34	0.67	0.64	0.97	0.8	0.79	0.62		0.59	0.71	0.8	0.38	0.65	0.08	0.93	0.83	0.7
Non Currrent Assets Other	-0.35	0.51	0.8	0.85	0.4	0.79	0.62	0.78	0.65	-0.42	0.85	0.71	0.61	0.86	0.89	0.89	0.59		0.44	0.33	0.51	0.82	0.44	0.72	0.86	0.91
Total Liab	-0.46	0.96	0.78	0.74	0.54	0.84	0.83	0.82	0.28	-0.48	0.76	0.73	0.73	0.8	0.75	0.65	0.71	0.44		0.84	0.59	0.62	0.16	0.74	0.77	0.67
Short Long Term Debt	-0.59	0.75	0.76	0.55	0.36	0.62	0.6	0.64	0.09	-0.31	0.57	0.53	0.83	0.66	0.62	0.51	0.8	0.33	0.84		0.49	0.47	0.19	0.68	0.69	0.59
Non Current Liabilities Other	-0.18	0.63	0.72	0.72	0.5	0.56	0.69	0.74	0.4	-0.59	0.76	0.67	0.31	0.71	0.7	0.82	0.38	0.51	0.59	0.49		0.7	0.86	0.54	0.68	0.76
Intangible Assets	-0.35	0.72	0.9	0.95	0.67	0.83	0.85	0.91	0.68	-0.72	0.93	0.85	0.64	0.9	0.91	0.89	0.65	0.82	0.62	0.47	0.7		0.52	0.72	0.86	0.89
Other Liab	0.05	0.23	0.48	0.45	0.38	0.18	0.4	0.45	0.4	-0.46	0.53	0.4	0.01	0.43	0.45	0.69	0.08	0.44	0.16	0.19	0.86	0.52		0.21	0.42	0.6
Common Stock Shares Outstanding	-0.7	0.72	0.88	0.85	0.33	0.9	0.68	0.78	0.16	-0.37	0.8	0.74	0.88	0.9	0.9	0.77	0.93	0.72	0.74	0.68	0.54	0.72	0.21		0.92	0.81
Net Invested Capital	-0.57	0.78	0.96	0.95	0.49	0.93	0.77	0.92	0.49	-0.47	0.94	0.82	0.83	0.99	0.99	0.92	0.83	0.86	0.77	0.69	0.68	0.86	0.42	0.92		0.97
Net Working Capital	-0.44	0.7	0.94	0.95	0.54	0.85	0.75	0.92	0.62	-0.52	0.95	0.81	0.71	0.96	0.97	0.97	0.7	0.91	0.67	0.59	0.76	0.89	0.6	0.81	0.97

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Guangzhou Ruoyuchen Account Relationship Matchups

Guangzhou Ruoyuchen fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	24.3M	25.1M	15.3M	803.7K	168.0K	159.6K
Total Current Liabilities	87.8M	116.9M	164.2M	115.8M	243.4M	128.0M
Net Tangible Assets	453.2M	525.9M	1.0B	1.0B	1.2B	1.3B
Retained Earnings	227.5M	316.0M	335.5M	327.7M	350.2M	197.7M
Accounts Payable	29.6M	20.3M	27.0M	15.8M	20.0M	22.3M
Other Assets	7.0M	6.2M	9.0M	12.5M	14.4M	7.2M
Net Receivables	108.6M	125.7M	133.5M	118.9M	169.4M	113.7M
Inventory	173.2M	262.9M	305.5M	193.5M	318.6M	185.9M
Other Current Assets	111.0M	140.3M	223.2M	16.0M	21.3M	20.2M
Deferred Long Term Liab	605.8K	277.7K	706.7K	1.2M	1.1M	871.7K
Total Current Assets	607.3M	1.1B	1.1B	895.6M	1.0B	679.6M
Property Plant Equipment	1.6M	2.6M	6.9M	139.8M	160.8M	168.8M
Total Assets	641.7M	1.2B	1.2B	1.2B	1.3B	948.4M
Total Stockholder Equity	543.7M	1.0B	1.1B	1.1B	1.1B	792.0M
Cash	214.6M	565.9M	364.5M	375.3M	345.5M	309.2M
Non Current Assets Total	34.4M	42.6M	170.8M	307.5M	306.2M	321.5M
Non Current Liabilities Total	3.5M	5.5M	4.2M	8.6M	5.2M	4.5M
Total Liab	91.2M	122.4M	168.4M	124.4M	248.6M	154.4M
Short Long Term Debt	10M	55.0M	98.4M	46.4M	170.9M	179.4M
Non Current Liabilities Other	3.5M	5.5M	2.3M	2.3M	4.4M	3.5M
Intangible Assets	7.5M	7.7M	8.2M	7.5M	6.4M	6.5M
Other Liab	3.0M	3.5M	5.5M	2.3M	2.7M	3.7M
Net Invested Capital	553.7M	1.1B	1.2B	1.1B	1.3B	955.6M
Net Working Capital	519.6M	1.0B	902.4M	779.8M	796.1M	741.7M

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C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Guangzhou Stock

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

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Guangzhou Net Income vs Ebit Analysis

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

Correlation Coefficient

Net Income

Ebit

Guangzhou Ruoyuchen fundamental ratios Correlations

Guangzhou Ruoyuchen Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Guangzhou Ruoyuchen fundamental ratios Accounts

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Other Information on Investing in Guangzhou Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.98	Retained Earnings
Total Assets	+ 0.98	Retained Earnings
Total Stockholder Equity	+ 0.98	Retained Earnings

Deferred Long Term Liab	- 0.87	Accounts Payable
Deferred Long Term Liab	- 0.86	Net Receivables
Common Stock	- 0.85	Deferred Long Term Liab
Non Current Assets Total	- 0.77	Other Current Liab
Property Plant Equipment	- 0.75	Other Current Liab
Intangible Assets	- 0.72	Deferred Long Term Liab