Hubei Interest Income vs Operating Income Analysis

300054 Stock   27.30  0.24  0.87%   
Hubei Dinglong financial indicator trend analysis is much more than just examining Hubei Dinglong Chemical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Dinglong Chemical is a good investment. Please check the relationship between Hubei Dinglong Interest Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Dinglong Chemical. 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.

Interest Income vs Operating Income

Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Dinglong Chemical Interest Income account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Dinglong's Interest Income and Operating Income is 0.54. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Hubei Dinglong Chemical, assuming nothing else is changed. The correlation between historical values of Hubei Dinglong's Interest Income and Operating 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 Interest Income of Hubei Dinglong Chemical are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Income i.e., Hubei Dinglong's Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Operating Income

Operating Income is the amount of profit realized from Hubei Dinglong Chemical 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 Hubei Dinglong Chemical 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.
Most indicators from Hubei Dinglong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Dinglong Chemical 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 Hubei Dinglong Chemical. 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 236.1 M. The current year's Tax Provision is expected to grow to about 34 M
 2021 2022 2023 2024 (projected)
Operating Income278.9M466.0M353.7M178.3M
Total Revenue2.4B2.7B2.7B2.8B

Hubei Dinglong fundamental ratios Correlations

0.110.870.970.890.980.940.820.960.190.940.830.870.710.950.90.830.70.680.920.830.930.850.80.740.82
0.110.160.150.040.110.130.240.190.40.320.05-0.020.370.110.02-0.07-0.320.310.020.020.110.02-0.120.02-0.2
0.870.160.750.910.780.970.540.93-0.130.90.80.980.510.70.960.870.840.360.690.490.710.510.820.70.92
0.970.150.750.80.980.840.890.90.360.90.770.730.760.980.790.740.540.780.930.910.960.930.70.690.68
0.890.040.910.80.840.940.660.89-0.220.910.910.930.60.740.930.870.760.330.820.560.840.690.870.810.91
0.980.110.780.980.840.880.840.940.240.910.790.790.720.960.850.780.620.720.930.890.940.90.770.760.75
0.940.130.970.840.940.880.650.98-0.080.950.870.960.590.790.980.90.80.450.810.630.820.650.860.810.91
0.820.240.540.890.660.840.650.720.40.770.670.520.810.880.60.550.280.70.910.820.930.910.630.60.46
0.960.190.930.90.890.940.980.720.060.970.850.90.680.870.950.860.720.560.840.730.850.720.820.80.84
0.190.4-0.130.36-0.220.24-0.080.40.060.08-0.2-0.220.30.38-0.19-0.22-0.30.830.190.530.240.37-0.23-0.21-0.3
0.940.320.90.90.910.910.950.770.970.080.890.850.750.860.90.820.60.550.850.690.890.750.780.80.77
0.830.050.80.770.910.790.870.670.85-0.20.890.80.640.710.830.790.580.290.80.570.820.690.780.810.77
0.87-0.020.980.730.930.790.960.520.9-0.220.850.80.440.690.980.890.920.320.710.50.720.530.870.730.98
0.710.370.510.760.60.720.590.810.680.30.750.640.440.780.510.450.150.560.730.650.770.740.510.560.35
0.950.110.70.980.740.960.790.880.870.380.860.710.690.780.750.70.510.770.90.890.930.930.650.610.63
0.90.020.960.790.930.850.980.60.95-0.190.90.830.980.510.750.920.860.350.770.570.770.60.880.80.95
0.83-0.070.870.740.870.780.90.550.86-0.220.820.790.890.450.70.920.790.290.730.560.720.590.830.810.87
0.7-0.320.840.540.760.620.80.280.72-0.30.60.580.920.150.510.860.790.190.550.380.520.350.790.570.96
0.680.310.360.780.330.720.450.70.560.830.550.290.320.560.770.350.290.190.640.870.680.730.280.280.24
0.920.020.690.930.820.930.810.910.840.190.850.80.710.730.90.770.730.550.640.870.980.930.840.80.7
0.830.020.490.910.560.890.630.820.730.530.690.570.50.650.890.570.560.380.870.870.860.90.590.610.48
0.930.110.710.960.840.940.820.930.850.240.890.820.720.770.930.770.720.520.680.980.860.950.780.760.68
0.850.020.510.930.690.90.650.910.720.370.750.690.530.740.930.60.590.350.730.930.90.950.60.610.51
0.8-0.120.820.70.870.770.860.630.82-0.230.780.780.870.510.650.880.830.790.280.840.590.780.60.880.88
0.740.020.70.690.810.760.810.60.8-0.210.80.810.730.560.610.80.810.570.280.80.610.760.610.880.72
0.82-0.20.920.680.910.750.910.460.84-0.30.770.770.980.350.630.950.870.960.240.70.480.680.510.880.72
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Hubei Dinglong Account Relationship Matchups

Hubei Dinglong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.5B5.1B5.6B6.7B7.0B
Other Current Liab31.4M162.7M113.7M150.0M77.5K73.7K
Total Current Liabilities225.2M491.7M577.2M650.6M936.4M983.3M
Total Stockholder Equity3.8B3.5B4.0B4.2B4.5B4.7B
Other Liab54.4M228.8M242.7M279.7M321.6M337.7M
Retained Earnings1.2B1.1B1.2B1.6B1.6B1.7B
Accounts Payable145.7M183.1M254.6M296.2M340.8M357.9M
Cash816.4M1.1B1.0B1.0B1.1B616.2M
Net Receivables490.0M484.2M723.5M837.0M895.8M940.6M
Short Term Investments485.8M245.0M138.0M31.0M66.1M62.8M
Inventory285.6M401.3M523.9M546.9M499.1M524.0M
Other Current Assets40.2M72.3M153.7M104.7M108.7M114.1M
Total Liab303.0M721.0M852.1M1.1B1.8B1.9B
Intangible Assets294.3M380.1M363.6M287.1M284.5M163.6M
Common Stock981.5M933.0M940.6M947.9M1.1B1.1B
Property Plant Equipment492.7M684.5M901.1M1.4B1.6B1.7B
Other Assets154.3M125.2M202.4M282.6M325.0M341.2M
Good Will877.6M905.8M580.9M537.2M617.8M677.7M
Net Tangible Assets2.6B2.6B3.1B3.4B3.9B2.6B
Deferred Long Term Liab54.4M23.0M39.6M38.7M44.5M37.8M
Total Current Assets2.1B2.4B2.6B2.7B2.8B2.4B
Non Current Assets Total2.1B2.0B2.5B3.0B3.9B2.6B
Non Currrent Assets Other92.2M37.5M112.7M164.9M134.6M81.0M
Non Current Liabilities Total77.7M229.3M274.9M486.0M895.5M940.3M
Common Stock Shares Outstanding981.5M933.0M940.6M947.9M945.2M762.2M
Net Invested Capital3.8B3.6B4.2B4.5B5.3B4.5B
Net Working Capital1.9B1.9B2.1B2.0B1.9B2.1B
Capital Stock981.5M933.0M940.6M947.9M945.2M761.1M

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Other Information on Investing in Hubei Stock

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