Xinjiang Research Development vs Operating Income Analysis

600359 Stock   7.12  0.20  2.73%   
Xinjiang Talimu financial indicator trend analysis is more than just analyzing Xinjiang Talimu Agri current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xinjiang Talimu Agri is a good investment. Please check the relationship between Xinjiang Talimu Research Development and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xinjiang Talimu Agriculture. 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.

Research Development vs Operating Income

Research Development vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xinjiang Talimu Agri Research Development account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xinjiang Talimu's Research Development and Operating Income is 0.7. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Operating Income in the same time period over historical financial statements of Xinjiang Talimu Agriculture, assuming nothing else is changed. The correlation between historical values of Xinjiang Talimu's Research Development 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 Research Development of Xinjiang Talimu Agriculture 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 Research Development i.e., Xinjiang Talimu's Research Development and Operating Income go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Operating Income

Operating Income is the amount of profit realized from Xinjiang Talimu Agri 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 Xinjiang Talimu Agriculture 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 Xinjiang Talimu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xinjiang Talimu Agri 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 Xinjiang Talimu Agriculture. 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 15, 2024, Selling General Administrative is expected to decline to about 28.1 M. In addition to that, Tax Provision is expected to decline to about 18.3 K
 2021 2022 2023 2024 (projected)
Gross Profit174.0M195.1M146.3M136.7M
Research Development13.0M13.2M13.8M9.1M

Xinjiang Talimu fundamental ratios Correlations

0.640.9-0.04-0.040.790.560.220.810.44-0.350.710.640.94-0.160.77-0.110.330.46-0.48-0.130.47-0.280.470.430.55
0.640.83-0.490.320.360.480.510.390.130.010.680.450.77-0.670.39-0.62-0.130.62-0.45-0.450.36-0.620.60.620.57
0.90.83-0.36-0.050.750.470.250.650.37-0.340.740.560.99-0.320.67-0.320.140.47-0.45-0.140.39-0.370.50.450.54
-0.04-0.49-0.360.32-0.210.390.01-0.09-0.050.23-0.220.04-0.290.3-0.050.30.430.21-0.08-0.190.18-0.10.140.180.19
-0.040.32-0.050.32-0.350.430.79-0.15-0.150.83-0.09-0.03-0.08-0.7-0.24-0.47-0.30.71-0.36-0.680.38-0.710.610.670.59
0.790.360.75-0.21-0.350.050.080.770.5-0.390.460.590.820.070.710.090.250.07-0.460.350.260.160.230.140.33
0.560.480.470.390.430.050.210.270.05-0.070.520.340.45-0.270.32-0.320.330.76-0.31-0.710.46-0.720.60.670.61
0.220.510.250.010.790.080.210.15-0.020.780.170.20.22-0.650.07-0.38-0.320.47-0.4-0.410.23-0.480.50.540.46
0.810.390.65-0.09-0.150.770.270.150.54-0.350.540.580.730.080.720.070.160.18-0.260.070.440.140.120.160.33
0.440.130.37-0.05-0.150.50.05-0.020.54-0.13-0.14-0.10.460.020.05-0.290.350.170.080.210.740.15-0.11-0.110.33
-0.350.01-0.340.230.83-0.39-0.070.78-0.35-0.13-0.43-0.25-0.35-0.55-0.5-0.33-0.370.3-0.16-0.280.14-0.330.270.290.25
0.710.680.74-0.22-0.090.460.520.170.54-0.14-0.430.740.71-0.060.770.020.160.21-0.29-0.3-0.09-0.30.340.380.19
0.640.450.560.04-0.030.590.340.20.58-0.1-0.250.740.6-0.030.70.210.270.19-0.640.00.02-0.10.470.460.35
0.940.770.99-0.29-0.080.820.450.220.730.46-0.350.710.6-0.250.69-0.260.210.46-0.47-0.070.45-0.30.480.430.57
-0.16-0.67-0.320.3-0.70.07-0.27-0.650.080.02-0.55-0.06-0.03-0.250.20.70.37-0.690.520.49-0.370.73-0.7-0.63-0.62
0.770.390.67-0.05-0.240.710.320.070.720.05-0.50.770.70.690.20.260.160.11-0.4-0.070.0-0.030.260.30.19
-0.11-0.62-0.320.3-0.470.09-0.32-0.380.07-0.29-0.330.020.21-0.260.70.260.05-0.640.180.51-0.530.6-0.38-0.44-0.5
0.33-0.130.140.43-0.30.250.33-0.320.160.35-0.370.160.270.210.370.160.050.01-0.080.010.190.02-0.010.020.1
0.460.620.470.210.710.070.760.470.180.170.30.210.190.46-0.690.11-0.640.01-0.58-0.690.72-0.860.840.860.91
-0.48-0.45-0.45-0.08-0.36-0.46-0.31-0.4-0.260.08-0.16-0.29-0.64-0.470.52-0.40.18-0.08-0.580.22-0.280.49-0.86-0.8-0.72
-0.13-0.45-0.14-0.19-0.680.35-0.71-0.410.070.21-0.28-0.30.0-0.070.49-0.070.510.01-0.690.22-0.250.85-0.54-0.71-0.47
0.470.360.390.180.380.260.460.230.440.740.14-0.090.020.45-0.370.0-0.530.190.72-0.28-0.25-0.370.390.440.78
-0.28-0.62-0.37-0.1-0.710.16-0.72-0.480.140.15-0.33-0.3-0.1-0.30.73-0.030.60.02-0.860.490.85-0.37-0.82-0.85-0.71
0.470.60.50.140.610.230.60.50.12-0.110.270.340.470.48-0.70.26-0.38-0.010.84-0.86-0.540.39-0.820.940.87
0.430.620.450.180.670.140.670.540.16-0.110.290.380.460.43-0.630.3-0.440.020.86-0.8-0.710.44-0.850.940.86
0.550.570.540.190.590.330.610.460.330.330.250.190.350.57-0.620.19-0.50.10.91-0.72-0.470.78-0.710.870.86
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Xinjiang Talimu Account Relationship Matchups

Xinjiang Talimu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.8B1.8B1.9B1.2B1.8B
Other Current Liab185.6M294.1M360.0M6.2M1.7M1.6M
Total Current Liabilities1.2B1.2B1.2B1.1B561.9M533.8M
Total Stockholder Equity443.0M494.0M515.8M574.9M643.4M620.9M
Retained Earnings(830.5M)(792.2M)(751.3M)(750.9M)(682.0M)(647.9M)
Accounts Payable218.7M159.0M131.4M214.4M59.2M56.3M
Cash140.0M105.9M161.3M173.3M253.0M277.9M
Other Assets22.1M10.1M4.5M23.5M21.1M20.1M
Long Term Debt70.9M59.3M94.6M157.0M180.5M211.1M
Net Receivables376.4M22.8M13.0M26.0M30.7M29.2M
Inventory312.7M380.9M448.0M445.2M457.1M412.2M
Other Current Assets8.1M16.3M72.3M39.3M23.1M22.0M
Total Liab1.3B1.3B1.3B1.3B586.6M557.3M
Property Plant Equipment665.6M775.2M752.5M749.1M861.4M829.2M
Intangible Assets37.3M36.1M119.3M123.8M86.2M90.5M
Other Liab139.2M76.2M57.2M45.1M51.8M72.0M
Net Tangible Assets431.0M405.7M457.8M396.5M356.8M415.3M
Short Long Term Debt497.0M550.6M600.8M545.6M208.0M197.6M
Total Current Assets837.2M864.6M855.9M693.0M798.7M830.9M
Non Current Assets Total917.6M887.3M987.0M1.2B449.3M785.6M
Non Currrent Assets Other153.8K276.7K10.9M2.3M2.1M2.0M
Non Current Liabilities Total130.6M116.5M160.2M216.3M24.7M23.4M
Non Current Liabilities Other423.9M65.0M54.4M1.7M1.5M1.4M
Net Debt411.5M504.0M534.0M529.2M476.3M424.3M
Net Invested Capital994.4M1.1B1.2B1.3B851.3M943.0M
Net Working Capital(357.5M)(288.6M)(299.2M)(397.6M)236.8M248.6M

Currently Active Assets on Macroaxis

Other Information on Investing in Xinjiang Stock

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