Zhejiang Interest Income vs Operating Income Analysis

600160 Stock

22.37 0.28 1.27%

Zhejiang Juhua financial indicator trend analysis is more than just analyzing Zhejiang Juhua current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Juhua is a good investment. Please check the relationship between Zhejiang Juhua Interest Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Juhua 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.

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 Zhejiang Juhua Interest Income account and Operating Income. At this time, the significance of the direction appears to have weak relationship.

The correlation between Zhejiang Juhua's Interest Income and Operating Income is 0.31. 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 Zhejiang Juhua Co, assuming nothing else is changed. The correlation between historical values of Zhejiang Juhua'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 Zhejiang Juhua Co 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., Zhejiang Juhua's Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

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 Zhejiang Juhua 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 Zhejiang Juhua 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.

Most indicators from Zhejiang Juhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Juhua 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 Zhejiang Juhua 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.

The current year's Tax Provision is expected to grow to about 141 M, whereas Selling General Administrative is forecasted to decline to about 201.7 M.

	2021	2022	2023	2024 (projected)
Operating Income	1.1B	2.4B	936.3M	731.0M
Total Revenue	18.0B	21.5B	20.7B	21.7B

Operating Income Total Revenue

Zhejiang Juhua fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		-0.15	0.94	0.98	0.97	0.92	0.44	0.94	0.76	0.18	0.14	0.96	0.38	0.92	0.79	0.93	0.97	0.95	0.62	0.91	0.85	0.65	0.8	0.84	0.86	-0.69
Other Current Liab	-0.15		-0.12	-0.09	-0.1	-0.18	0.57	-0.25	-0.45	0.33	0.14	-0.13	-0.01	-0.25	-0.06	-0.1	-0.28	-0.24	0.06	-0.16	-0.35	0.01	-0.01	0.04	-0.23	0.22
Total Current Liabilities	0.94	-0.12		0.87	0.93	0.97	0.34	0.93	0.85	0.0	-0.11	0.96	0.26	0.99	0.66	0.8	0.96	0.86	0.51	0.83	0.84	0.47	0.7	0.7	0.91	-0.84
Total Stockholder Equity	0.98	-0.09	0.87		0.95	0.85	0.51	0.89	0.64	0.3	0.27	0.93	0.42	0.83	0.84	0.97	0.92	0.95	0.65	0.9	0.78	0.73	0.83	0.88	0.78	-0.57
Retained Earnings	0.97	-0.1	0.93	0.95		0.94	0.45	0.94	0.73	0.1	0.15	0.96	0.38	0.9	0.77	0.9	0.95	0.92	0.66	0.89	0.82	0.57	0.81	0.82	0.87	-0.68
Accounts Payable	0.92	-0.18	0.97	0.85	0.94		0.31	0.93	0.83	-0.04	-0.01	0.94	0.16	0.96	0.66	0.76	0.93	0.86	0.51	0.86	0.83	0.46	0.71	0.74	0.92	-0.85
Cash	0.44	0.57	0.34	0.51	0.45	0.31		0.33	0.08	0.4	0.35	0.33	0.39	0.26	0.25	0.43	0.28	0.31	0.48	0.46	0.28	0.42	0.48	0.55	0.3	-0.08
Other Assets	0.94	-0.25	0.93	0.89	0.94	0.93	0.33		0.81	0.07	-0.03	0.94	0.34	0.93	0.61	0.81	0.93	0.86	0.59	0.88	0.84	0.59	0.78	0.77	0.89	-0.78
Long Term Debt	0.76	-0.45	0.85	0.64	0.73	0.83	0.08	0.81		-0.22	-0.3	0.74	0.16	0.93	0.37	0.53	0.85	0.67	0.3	0.68	0.92	0.24	0.43	0.49	0.82	-0.81
Net Receivables	0.18	0.33	0.0	0.3	0.1	-0.04	0.4	0.07	-0.22		0.18	0.13	0.17	-0.07	0.3	0.36	0.03	0.16	0.2	0.14	0.0	0.58	0.25	0.37	-0.15	0.21
Short Term Investments	0.14	0.14	-0.11	0.27	0.15	-0.01	0.35	-0.03	-0.3	0.18		0.02	0.22	-0.17	0.42	0.32	-0.01	0.26	0.37	0.26	-0.03	0.35	0.34	0.44	-0.04	0.37
Inventory	0.96	-0.13	0.96	0.93	0.96	0.94	0.33	0.94	0.74	0.13	0.02		0.32	0.93	0.79	0.89	0.96	0.92	0.61	0.87	0.77	0.58	0.78	0.77	0.87	-0.79
Other Current Assets	0.38	-0.01	0.26	0.42	0.38	0.16	0.39	0.34	0.16	0.17	0.22	0.32		0.24	0.39	0.5	0.28	0.38	0.83	0.38	0.32	0.44	0.48	0.47	0.2	0.06
Total Liab	0.92	-0.25	0.99	0.83	0.9	0.96	0.26	0.93	0.93	-0.07	-0.17	0.93	0.24		0.6	0.75	0.96	0.84	0.46	0.82	0.89	0.42	0.64	0.66	0.91	-0.86
Intangible Assets	0.79	-0.06	0.66	0.84	0.77	0.66	0.25	0.61	0.37	0.3	0.42	0.79	0.39	0.6		0.88	0.72	0.9	0.66	0.77	0.54	0.72	0.79	0.81	0.59	-0.32
Common Stock	0.93	-0.1	0.8	0.97	0.9	0.76	0.43	0.81	0.53	0.36	0.32	0.89	0.5	0.75	0.88		0.87	0.94	0.68	0.84	0.69	0.71	0.8	0.83	0.69	-0.45
Property Plant Equipment	0.97	-0.28	0.96	0.92	0.95	0.93	0.28	0.93	0.85	0.03	-0.01	0.96	0.28	0.96	0.72	0.87		0.92	0.49	0.85	0.86	0.5	0.69	0.71	0.89	-0.77
Other Liab	0.95	-0.24	0.86	0.95	0.92	0.86	0.31	0.86	0.67	0.16	0.26	0.92	0.38	0.84	0.9	0.94	0.92		0.64	0.91	0.79	0.71	0.85	0.85	0.81	-0.55
Good Will	0.62	0.06	0.51	0.65	0.66	0.51	0.48	0.59	0.3	0.2	0.37	0.61	0.83	0.46	0.66	0.68	0.49	0.64		0.7	0.51	0.6	0.79	0.77	0.52	-0.21
Net Tangible Assets	0.91	-0.16	0.83	0.9	0.89	0.86	0.46	0.88	0.68	0.14	0.26	0.87	0.38	0.82	0.77	0.84	0.85	0.91	0.7		0.79	0.72	0.93	0.9	0.9	-0.6
Other Stockholder Equity	0.85	-0.35	0.84	0.78	0.82	0.83	0.28	0.84	0.92	0.0	-0.03	0.77	0.32	0.89	0.54	0.69	0.86	0.79	0.51	0.79		0.44	0.6	0.69	0.8	-0.64
Deferred Long Term Liab	0.65	0.01	0.47	0.73	0.57	0.46	0.42	0.59	0.24	0.58	0.35	0.58	0.44	0.42	0.72	0.71	0.5	0.71	0.6	0.72	0.44		0.8	0.86	0.4	-0.16
Long Term Investments	0.8	-0.01	0.7	0.83	0.81	0.71	0.48	0.78	0.43	0.25	0.34	0.78	0.48	0.64	0.79	0.8	0.69	0.85	0.79	0.93	0.6	0.8		0.89	0.77	-0.38
Total Current Assets	0.84	0.04	0.7	0.88	0.82	0.74	0.55	0.77	0.49	0.37	0.44	0.77	0.47	0.66	0.81	0.83	0.71	0.85	0.77	0.9	0.69	0.86	0.89		0.66	-0.4
Non Current Assets Total	0.86	-0.23	0.91	0.78	0.87	0.92	0.3	0.89	0.82	-0.15	-0.04	0.87	0.2	0.91	0.59	0.69	0.89	0.81	0.52	0.9	0.8	0.4	0.77	0.66		-0.8
Non Currrent Assets Other	-0.69	0.22	-0.84	-0.57	-0.68	-0.85	-0.08	-0.78	-0.81	0.21	0.37	-0.79	0.06	-0.86	-0.32	-0.45	-0.77	-0.55	-0.21	-0.6	-0.64	-0.16	-0.38	-0.4	-0.8

Click cells to compare fundamentals

Zhejiang Juhua Account Relationship Matchups

Zhejiang Juhua fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.4B	15.7B	17.9B	22.6B	23.4B	24.6B
Other Current Liab	459.2M	442.4M	577.7M	843.4M	25.6M	24.3M
Total Current Liabilities	2.0B	2.5B	3.6B	4.9B	4.5B	4.7B
Total Stockholder Equity	12.9B	12.5B	13.3B	15.5B	16.1B	16.9B
Retained Earnings	5.7B	5.5B	6.3B	8.4B	7.6B	8.0B
Accounts Payable	1.4B	1.3B	2.5B	3.7B	2.9B	3.0B
Cash	1.9B	1.7B	1.5B	2.5B	1.8B	1.2B
Other Assets	194.2M	183.4M	309.7M	334.4M	384.6M	403.8M
Long Term Debt	27.6M	4.0M	188.3M	1.3B	1.7B	1.8B
Net Receivables	1.4B	575.7M	1.1B	980.4M	920.6M	868.6M
Short Term Investments	1.7B	1.1B	500.1M	404.2M	1.1M	1.1M
Inventory	1.0B	1.1B	1.7B	1.7B	1.8B	1.9B
Other Current Assets	189.8M	646.1M	134.1M	92.4M	501.3M	526.3M
Total Liab	2.2B	2.8B	4.3B	6.8B	7.0B	7.4B
Intangible Assets	747.2M	734.3M	711.3M	687.3M	675.9M	709.7M
Property Plant Equipment	6.8B	7.7B	8.8B	11.3B	12.9B	13.6B
Other Liab	332.1M	338.0M	303.4M	363.6M	418.2M	439.1M
Net Tangible Assets	12.1B	11.7B	12.6B	14.8B	17.0B	12.4B
Other Stockholder Equity	76.2M	29.3M	22.9M	124.2M	142.9M	150.0M
Deferred Long Term Liab	44.9M	44.6M	42.9M	34.5M	39.6M	45.8M
Total Current Assets	6.7B	5.7B	6.2B	7.8B	6.4B	6.7B
Non Current Assets Total	8.9B	10.0B	11.7B	14.8B	17.0B	11.5B
Non Currrent Assets Other	8.9B	7.7B	48.2M	70.6M	489.2M	464.8M
Non Current Liabilities Total	332.1M	348.6M	709.0M	1.9B	2.5B	2.6B
Short Long Term Debt	63.0M	617.4M	269.3M	181.9M	605.0M	635.3M
Net Invested Capital	13.0B	13.1B	13.8B	17.0B	18.4B	15.6B
Net Working Capital	4.6B	3.2B	2.6B	2.9B	1.9B	2.8B

Currently Active Assets on Macroaxis

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft
HBI	Hanesbrands
STLD	Steel Dynamics

Other Information on Investing in Zhejiang Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Zhejiang Interest Income vs Operating Income Analysis

Interest Income vs Operating Income

Interest Income vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Income

Operating Income

Zhejiang Juhua fundamental ratios Correlations

Zhejiang Juhua Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zhejiang Juhua fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Zhejiang Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.97	Total Assets
Property Plant Equipment	+ 0.97	Total Assets
Accounts Payable	+ 0.97	Total Current Liabilities
Common Stock	+ 0.97	Total Stockholder Equity

Non Currrent Assets Other	- 0.86	Total Liab
Non Currrent Assets Other	- 0.85	Accounts Payable
Non Currrent Assets Other	- 0.84	Total Current Liabilities
Non Currrent Assets Other	- 0.81	Long Term Debt
Non Currrent Assets Other	- 0.8	Non Current Assets Total
Non Currrent Assets Other	- 0.79	Inventory