China Net Income vs Net Interest Income Analysis

600340 Stock

2.91 0.05 1.75%

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

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

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

The correlation between China Fortune's Net Income and Net Interest Income is 0.75. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of China Fortune Land, assuming nothing else is changed. The correlation between historical values of China Fortune's Net Income and Net Interest 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 Net Income of China Fortune Land are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., China Fortune's Net Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

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Net Income

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from China Fortune's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Fortune Land 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 China Fortune Land. 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 2.2 B, whereas Tax Provision is projected to grow to (1.7 B).

	2021	2023	2024 (projected)
Other Operating Expenses	2.5B	2.9B	5.4B
Gross Profit	3.8B	8.2B	7.8B

Other Operating Expenses Gross Profit

China Fortune fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.7	-0.58	0.56	0.93	0.53	0.66	0.72	0.84	0.99	0.92	0.79	0.81	0.75	0.02	0.45	0.84	0.51	0.91	0.81	0.69	0.9	0.92	0.35	0.92	-0.8
Total Stockholder Equity	0.7		-0.36	0.96	0.52	0.73	0.11	0.4	0.85	0.62	0.71	0.35	0.44	0.65	0.23	0.68	0.5	0.96	0.58	0.4	0.88	0.66	0.53	0.28	0.64	-0.49
Other Liab	-0.58	-0.36		-0.21	-0.58	-0.35	-0.44	-0.59	-0.45	-0.58	-0.71	-0.59	-0.49	-0.59	0.2	-0.18	-0.55	-0.24	-0.6	-0.55	-0.39	-0.65	-0.61	-0.09	-0.61	0.64
Retained Earnings	0.56	0.96	-0.21		0.33	0.71	-0.13	0.18	0.8	0.47	0.58	0.13	0.25	0.51	0.41	0.75	0.36	0.97	0.42	0.29	0.76	0.49	0.34	0.3	0.47	-0.31
Accounts Payable	0.93	0.52	-0.58	0.33		0.28	0.85	0.83	0.67	0.94	0.83	0.91	0.91	0.62	-0.28	0.22	0.9	0.3	0.96	0.86	0.6	0.9	0.92	0.43	0.95	-0.8
Cash	0.53	0.73	-0.35	0.71	0.28		-0.03	0.18	0.82	0.46	0.65	0.26	0.17	0.78	0.31	0.69	0.29	0.65	0.24	0.19	0.5	0.44	0.33	-0.17	0.36	-0.39
Other Assets	0.66	0.11	-0.44	-0.13	0.85	-0.03		0.84	0.3	0.7	0.56	0.92	0.85	0.45	-0.61	-0.21	0.67	-0.13	0.75	0.68	0.28	0.72	0.76	0.15	0.72	-0.75
Long Term Debt	0.72	0.4	-0.59	0.18	0.83	0.18	0.84		0.53	0.73	0.65	0.89	0.91	0.61	-0.6	-0.15	0.6	0.19	0.84	0.75	0.46	0.87	0.84	0.12	0.82	-0.76
Inventory	0.84	0.85	-0.45	0.8	0.67	0.82	0.3	0.53		0.79	0.83	0.53	0.61	0.84	0.15	0.68	0.67	0.72	0.7	0.66	0.65	0.8	0.7	0.2	0.76	-0.64
Total Liab	0.99	0.62	-0.58	0.47	0.94	0.46	0.7	0.73	0.79		0.91	0.81	0.83	0.72	0.0	0.4	0.85	0.42	0.91	0.83	0.63	0.89	0.93	0.34	0.91	-0.8
Intangible Assets	0.92	0.71	-0.71	0.58	0.83	0.65	0.56	0.65	0.83	0.91		0.78	0.69	0.74	0.03	0.47	0.74	0.52	0.79	0.73	0.61	0.83	0.77	0.25	0.8	-0.83
Common Stock	0.79	0.35	-0.59	0.13	0.91	0.26	0.92	0.89	0.53	0.81	0.78		0.88	0.59	-0.52	-0.03	0.72	0.1	0.82	0.74	0.44	0.81	0.81	0.21	0.81	-0.81
Property Plant Equipment	0.81	0.44	-0.49	0.25	0.91	0.17	0.85	0.91	0.61	0.83	0.69	0.88		0.6	-0.46	0.08	0.77	0.24	0.91	0.82	0.5	0.9	0.88	0.29	0.88	-0.76
Good Will	0.75	0.65	-0.59	0.51	0.62	0.78	0.45	0.61	0.84	0.72	0.74	0.59	0.6		-0.07	0.51	0.6	0.51	0.62	0.53	0.58	0.82	0.74	-0.17	0.71	-0.74
Short Term Investments	0.02	0.23	0.2	0.41	-0.28	0.31	-0.61	-0.6	0.15	0.0	0.03	-0.52	-0.46	-0.07		0.57	-0.13	0.34	-0.26	-0.25	0.09	-0.28	-0.21	0.02	-0.24	0.26
Other Current Liab	0.45	0.68	-0.18	0.75	0.22	0.69	-0.21	-0.15	0.68	0.4	0.47	-0.03	0.08	0.51	0.57		0.46	0.72	0.26	0.21	0.54	0.33	0.24	0.26	0.34	-0.23
Total Current Liabilities	0.84	0.5	-0.55	0.36	0.9	0.29	0.67	0.6	0.67	0.85	0.74	0.72	0.77	0.6	-0.13	0.46		0.34	0.9	0.83	0.58	0.81	0.81	0.57	0.92	-0.7
Net Tangible Assets	0.51	0.96	-0.24	0.97	0.3	0.65	-0.13	0.19	0.72	0.42	0.52	0.1	0.24	0.51	0.34	0.72	0.34		0.41	0.22	0.85	0.49	0.35	0.28	0.48	-0.29
Net Receivables	0.91	0.58	-0.6	0.42	0.96	0.24	0.75	0.84	0.7	0.91	0.79	0.82	0.91	0.62	-0.26	0.26	0.9	0.41		0.91	0.64	0.94	0.94	0.51	0.98	-0.78
Other Current Assets	0.81	0.4	-0.55	0.29	0.86	0.19	0.68	0.75	0.66	0.83	0.73	0.74	0.82	0.53	-0.25	0.21	0.83	0.22	0.91		0.33	0.85	0.84	0.5	0.87	-0.75
Other Stockholder Equity	0.69	0.88	-0.39	0.76	0.6	0.5	0.28	0.46	0.65	0.63	0.61	0.44	0.5	0.58	0.09	0.54	0.58	0.85	0.64	0.33		0.66	0.62	0.35	0.71	-0.45
Deferred Long Term Liab	0.9	0.66	-0.65	0.49	0.9	0.44	0.72	0.87	0.8	0.89	0.83	0.81	0.9	0.82	-0.28	0.33	0.81	0.49	0.94	0.85	0.66		0.93	0.24	0.95	-0.88
Long Term Investments	0.92	0.53	-0.61	0.34	0.92	0.33	0.76	0.84	0.7	0.93	0.77	0.81	0.88	0.74	-0.21	0.24	0.81	0.35	0.94	0.84	0.62	0.93		0.3	0.93	-0.76
Short Long Term Debt	0.35	0.28	-0.09	0.3	0.43	-0.17	0.15	0.12	0.2	0.34	0.25	0.21	0.29	-0.17	0.02	0.26	0.57	0.28	0.51	0.5	0.35	0.24	0.3		0.46	-0.05
Total Current Assets	0.92	0.64	-0.61	0.47	0.95	0.36	0.72	0.82	0.76	0.91	0.8	0.81	0.88	0.71	-0.24	0.34	0.92	0.48	0.98	0.87	0.71	0.95	0.93	0.46		-0.78
Short Term Debt	-0.8	-0.49	0.64	-0.31	-0.8	-0.39	-0.75	-0.76	-0.64	-0.8	-0.83	-0.81	-0.76	-0.74	0.26	-0.23	-0.7	-0.29	-0.78	-0.75	-0.45	-0.88	-0.76	-0.05	-0.78

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China Fortune Account Relationship Matchups

China Fortune fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	457.8B	488.8B	441.0B	408.6B	351.5B	189.3B
Total Stockholder Equity	50.0B	62.0B	6.3B	9.4B	7.2B	6.8B
Other Liab	162.2M	311.1M	569.8M	608.1M	699.3M	664.3M
Retained Earnings	40.8B	40.4B	351.6M	404.2M	(5.6B)	(5.3B)
Accounts Payable	45.6B	57.5B	57.7B	51.0B	43.4B	45.6B
Cash	43.0B	27.0B	14.4B	12.4B	6.5B	6.2B
Other Assets	13.3B	8.4B	16.2B	21.3B	24.5B	25.7B
Long Term Debt	118.6B	110.9B	52.4B	136.1B	158.4B	166.4B
Inventory	290.3B	179.2B	145.3B	122.9B	82.6B	91.1B
Total Liab	384.1B	397.3B	417.1B	384.3B	329.6B	165.0B
Intangible Assets	7.0B	6.8B	5.9B	5.0B	4.5B	2.8B
Common Stock	3.0B	3.0B	3.9B	3.9B	4.5B	4.7B
Property Plant Equipment	17.7B	14.3B	14.5B	14.1B	16.3B	17.1B
Good Will	541.6M	502.0M	305.0M	203.7M	234.2M	211.1M
Other Current Liab	143.3B	136.4B	154.6B	16.6B	10.5B	10.0B
Total Current Liabilities	265.3B	285.6B	364.0B	237.1B	155.7B	250.8B
Net Tangible Assets	37.9B	42.7B	55.0B	414.2M	476.3M	452.5M
Net Receivables	63.2B	63.1B	56.5B	52.6B	46.8B	49.3B
Other Current Assets	22.4B	11.1B	18.1B	14.7B	13.4B	13.5B
Other Stockholder Equity	8.8B	5.3B	17.9B	2.1B	2.4B	2.3B
Deferred Long Term Liab	2.8B	2.7B	2.3B	1.8B	2.1B	2.0B
Short Long Term Debt	26.6B	27.6B	26.7B	9.7B	8.3B	14.9B
Total Current Assets	418.8B	441.1B	392.5B	364.0B	307.6B	368.8B
Non Current Assets Total	39.0B	47.7B	48.5B	44.6B	43.9B	43.9B
Non Currrent Assets Other	2.9B	5.0B	87.3M	10.7M	9.6M	9.1M
Non Current Liabilities Total	118.8B	111.7B	53.2B	147.2B	174.0B	116.4B
Non Current Liabilities Other	76.0B	111.1B	117.3B	7.2B	11.3B	10.7B
Net Debt	100.9B	111.5B	64.7B	133.4B	160.3B	102.7B
Net Invested Capital	193.9B	200.5B	85.4B	155.2B	173.9B	171.0B
Net Working Capital	153.5B	155.5B	28.5B	127.0B	151.9B	98.5B

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

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China Net Income vs Net Interest Income Analysis

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

Correlation Coefficient

Net Income

Net Interest Income

China Fortune fundamental ratios Correlations

China Fortune Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Fortune fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.98	Net Receivables
Net Tangible Assets	+ 0.97	Retained Earnings
Retained Earnings	+ 0.96	Total Stockholder Equity
Net Tangible Assets	+ 0.96	Total Stockholder Equity
Net Receivables	+ 0.96	Accounts Payable

Short Term Debt	- 0.88	Deferred Long Term Liab
Short Term Debt	- 0.83	Intangible Assets
Short Term Debt	- 0.81	Common Stock
Short Term Debt	- 0.8	Total Liab
Short Term Debt	- 0.8	Accounts Payable
Short Term Debt	- 0.8	Total Assets