CITIC Operating Income vs Net Income From Continuing Ops Analysis

600030 Stock   31.66  0.32  1.02%   
CITIC Securities financial indicator trend analysis is way more than just evaluating CITIC Securities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CITIC Securities is a good investment. Please check the relationship between CITIC Securities Operating Income 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 CITIC Securities Co. 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.

Operating Income vs Net Income From Continuing Ops

Operating Income 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 CITIC Securities Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between CITIC Securities' Operating Income and Net Income From Continuing Ops is 0.05. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of CITIC Securities Co, assuming nothing else is changed. The correlation between historical values of CITIC Securities' Operating Income 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 Operating Income of CITIC Securities Co 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 Operating Income i.e., CITIC Securities' Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from CITIC Securities 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 CITIC Securities Co 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.

Net Income From Continuing Ops

Most indicators from CITIC Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CITIC Securities 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 CITIC Securities Co. 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.
As of December 12, 2024, Selling General Administrative is expected to decline to about 6.7 B. In addition to that, Tax Provision is expected to decline to about 5.5 B
 2023 2024 (projected)
Operating Income19.7B12.3B
Total Revenue59.4B32.2B

CITIC Securities fundamental ratios Correlations

0.97-0.270.740.960.820.430.811.0-0.050.50.890.930.80.910.820.830.820.70.930.72-0.830.920.840.770.8
0.97-0.250.740.920.730.420.810.96-0.070.60.910.910.820.860.770.810.750.660.890.7-0.80.870.780.720.79
-0.27-0.25-0.3-0.36-0.080.12-0.4-0.270.780.0-0.47-0.37-0.08-0.31-0.29-0.28-0.3-0.48-0.36-0.080.46-0.43-0.34-0.45-0.18
0.740.74-0.30.70.530.630.740.74-0.010.770.750.790.380.560.660.650.670.690.610.29-0.710.790.720.760.45
0.960.92-0.360.70.850.240.690.96-0.180.410.860.840.810.960.880.870.890.680.960.77-0.840.950.90.780.84
0.820.73-0.080.530.850.250.440.830.060.290.690.710.650.890.790.730.820.660.860.57-0.660.80.80.740.71
0.430.420.120.630.240.250.670.430.550.620.390.590.070.10.150.180.180.460.17-0.11-0.410.330.210.350.06
0.810.81-0.40.740.690.440.670.81-0.120.530.810.920.480.530.470.530.490.740.610.33-0.790.70.530.590.47
1.00.96-0.270.740.960.830.430.81-0.050.480.890.930.790.920.820.830.820.70.940.72-0.830.920.850.780.8
-0.05-0.070.78-0.01-0.180.060.55-0.12-0.050.21-0.21-0.08-0.04-0.15-0.12-0.13-0.13-0.22-0.18-0.060.21-0.19-0.14-0.19-0.11
0.50.60.00.770.410.290.620.530.480.210.540.530.230.290.430.450.440.410.330.13-0.440.490.470.460.34
0.890.91-0.470.750.860.690.390.810.89-0.210.540.930.640.810.70.740.70.840.860.52-0.810.880.750.830.67
0.930.91-0.370.790.840.710.590.920.93-0.080.530.930.620.760.660.70.660.830.830.47-0.830.860.720.820.63
0.80.82-0.080.380.810.650.070.480.79-0.040.230.640.620.830.770.830.690.320.820.87-0.560.70.70.50.9
0.910.86-0.310.560.960.890.10.530.92-0.150.290.810.760.830.90.870.880.580.990.82-0.710.90.890.780.87
0.820.77-0.290.660.880.790.150.470.82-0.120.430.70.660.770.90.980.980.510.880.76-0.680.920.990.770.91
0.830.81-0.280.650.870.730.180.530.83-0.130.450.740.70.830.870.980.940.50.870.77-0.680.920.960.770.95
0.820.75-0.30.670.890.820.180.490.82-0.130.440.70.660.690.880.980.940.570.850.7-0.70.910.980.740.87
0.70.66-0.480.690.680.660.460.740.7-0.220.410.840.830.320.580.510.50.570.650.11-0.840.750.590.780.38
0.930.89-0.360.610.960.860.170.610.94-0.180.330.860.830.820.990.880.870.850.650.78-0.760.930.890.840.85
0.720.7-0.080.290.770.57-0.110.330.72-0.060.130.520.470.870.820.760.770.70.110.78-0.450.650.710.380.85
-0.83-0.80.46-0.71-0.84-0.66-0.41-0.79-0.830.21-0.44-0.81-0.83-0.56-0.71-0.68-0.68-0.7-0.84-0.76-0.45-0.86-0.72-0.7-0.6
0.920.87-0.430.790.950.80.330.70.92-0.190.490.880.860.70.90.920.920.910.750.930.65-0.860.950.890.83
0.840.78-0.340.720.90.80.210.530.85-0.140.470.750.720.70.890.990.960.980.590.890.71-0.720.950.830.87
0.770.72-0.450.760.780.740.350.590.78-0.190.460.830.820.50.780.770.770.740.780.840.38-0.70.890.830.63
0.80.79-0.180.450.840.710.060.470.8-0.110.340.670.630.90.870.910.950.870.380.850.85-0.60.830.870.63
Click cells to compare fundamentals

CITIC Securities Account Relationship Matchups

CITIC Securities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets791.7B1.1T1.3T1.3T1.5T1.5T
Total Stockholder Equity161.6B181.7B209.2B253.1B268.8B282.3B
Other Liab7.7B12.6B10.1B34.1B30.7B37.3B
Retained Earnings94.4B102.8B120.6B133.4B93.4B54.5B
Cash184.3B411.2B504.4B534.3B529.7B556.2B
Other Assets16.1B27.6B57.5B41.5B47.7B50.1B
Good Will10.0B10.8B8.7B8.4B8.4B5.6B
Total Liab626.3B867.1B1.1T1.0T1.2T1.2T
Intangible Assets3.1B2.9B3.6B3.4B3.4B2.9B
Property Plant Equipment8.0B9.4B9.3B9.7B11.1B11.7B
Accounts Payable7.6B24.2B38.5B205.3B198.1B208.0B
Other Current Liab50.4B87.4B143.5B193.7B222.7B233.9B
Total Current Liabilities463.0B672.0B820.9B937.8B1.1T580.9B
Net Tangible Assets148.5B168.1B196.9B236.6B272.1B175.9B
Net Receivables86.6B100.6B158.1B165.5B190.3B125.3B
Inventory2.0B3.9B4.8B2.2B2.6B2.6B
Other Current Assets121.0B169.3B197.6B286.3B329.3B345.8B
Other Stockholder Equity181.8M954.3M316.8M10.0B11.5B12.1B
Deferred Long Term Liab485.0M300.8M274.3M305.8M275.3M296.7M
Long Term Investments411.7B515.1B654.7B647.2B758.1B477.6B
Total Current Assets562.2B711.2B937.4B1.2T1.3T766.9B
Net Invested Capital348.7B382.0B449.0B432.1B531.8B434.4B

Currently Active Assets on Macroaxis

Other Information on Investing in CITIC Stock

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