Fushun Total Operating Expenses vs Operating Income Analysis

600399 Stock   6.54  0.05  0.76%   
Fushun Special financial indicator trend analysis is much more than just examining Fushun Special Steel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fushun Special Steel is a good investment. Please check the relationship between Fushun Special Total Operating Expenses and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fushun Special Steel. 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fushun Special Steel Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fushun Special's Total Operating Expenses and Operating Income is 0.36. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fushun Special Steel, assuming nothing else is changed. The correlation between historical values of Fushun Special's Total Operating Expenses 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 Total Operating Expenses of Fushun Special Steel 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 Total Operating Expenses i.e., Fushun Special's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Fushun Special Steel 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 Fushun Special Steel 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 Fushun Special's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fushun Special Steel 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 Fushun Special Steel. 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 11, 2024, Selling General Administrative is expected to decline to about 71.7 M. The current year's Tax Provision is expected to grow to about (5.5 M)
 2021 2022 2023 2024 (projected)
Operating Income934.9M496.3M518.9M353.3M
Total Revenue7.4B7.8B8.6B5.4B

Fushun Special fundamental ratios Correlations

0.330.550.120.110.60.590.32-0.040.360.80.210.720.160.920.470.470.060.27-0.13-0.01-0.070.00.31-0.250.0
0.330.27-0.24-0.320.20.330.35-0.130.170.310.640.34-0.160.120.09-0.18-0.26-0.180.08-0.110.160.380.12-0.120.38
0.550.27-0.65-0.480.970.90.71-0.770.770.30.110.97-0.530.37-0.01-0.17-0.70.430.56-0.760.660.450.43-0.350.45
0.12-0.24-0.650.84-0.58-0.52-0.540.84-0.580.29-0.15-0.540.810.240.260.690.98-0.09-0.850.84-0.89-0.73-0.080.02-0.73
0.11-0.32-0.480.84-0.33-0.25-0.250.52-0.610.45-0.22-0.440.430.27-0.080.380.760.24-0.670.52-0.62-0.460.27-0.27-0.46
0.60.20.97-0.58-0.330.940.69-0.730.70.40.050.95-0.540.48-0.01-0.15-0.640.460.52-0.720.620.450.46-0.360.45
0.590.330.9-0.52-0.250.940.64-0.670.540.420.160.89-0.520.46-0.04-0.14-0.580.410.38-0.650.530.450.56-0.50.45
0.320.350.71-0.54-0.250.690.64-0.750.630.450.30.62-0.70.15-0.45-0.56-0.660.460.65-0.750.740.670.38-0.250.67
-0.04-0.13-0.770.840.52-0.73-0.67-0.75-0.570.05-0.08-0.610.890.130.440.680.91-0.55-0.81.0-0.93-0.76-0.510.39-0.76
0.360.170.77-0.58-0.610.70.540.63-0.570.080.080.75-0.360.190.09-0.16-0.630.130.72-0.580.660.43-0.10.220.43
0.80.310.30.290.450.40.420.450.050.080.140.420.090.810.080.250.20.38-0.210.06-0.15-0.030.38-0.28-0.03
0.210.640.11-0.15-0.220.050.160.3-0.080.080.140.16-0.09-0.050.22-0.17-0.19-0.280.02-0.070.140.4-0.01-0.170.4
0.720.340.97-0.54-0.440.950.890.62-0.610.750.420.16-0.360.550.180.02-0.570.320.42-0.590.50.340.35-0.280.34
0.16-0.16-0.530.810.43-0.54-0.52-0.70.89-0.360.09-0.09-0.360.240.610.870.88-0.39-0.810.9-0.91-0.86-0.380.25-0.86
0.920.120.370.240.270.480.460.150.130.190.81-0.050.550.240.410.530.210.25-0.230.15-0.22-0.160.2-0.13-0.16
0.470.09-0.010.26-0.08-0.01-0.04-0.450.440.090.080.220.180.610.410.690.31-0.4-0.320.45-0.39-0.32-0.350.27-0.32
0.47-0.18-0.170.690.38-0.15-0.14-0.560.68-0.160.25-0.170.020.870.530.690.74-0.14-0.730.7-0.78-0.82-0.130.05-0.82
0.06-0.26-0.70.980.76-0.64-0.58-0.660.91-0.630.2-0.19-0.570.880.210.310.74-0.21-0.90.92-0.96-0.83-0.180.09-0.83
0.27-0.180.43-0.090.240.460.410.46-0.550.130.38-0.280.32-0.390.25-0.4-0.14-0.210.21-0.540.340.20.81-0.590.2
-0.130.080.56-0.85-0.670.520.380.65-0.80.72-0.210.020.42-0.81-0.23-0.32-0.73-0.90.21-0.830.950.8-0.020.220.8
-0.01-0.11-0.760.840.52-0.72-0.65-0.751.0-0.580.06-0.07-0.590.90.150.450.70.92-0.54-0.83-0.94-0.77-0.470.35-0.77
-0.070.160.66-0.89-0.620.620.530.74-0.930.66-0.150.140.5-0.91-0.22-0.39-0.78-0.960.340.95-0.940.870.21-0.070.87
0.00.380.45-0.73-0.460.450.450.67-0.760.43-0.030.40.34-0.86-0.16-0.32-0.82-0.830.20.8-0.770.870.23-0.091.0
0.310.120.43-0.080.270.460.560.38-0.51-0.10.38-0.010.35-0.380.2-0.35-0.13-0.180.81-0.02-0.470.210.23-0.880.23
-0.25-0.12-0.350.02-0.27-0.36-0.5-0.250.390.22-0.28-0.17-0.280.25-0.130.270.050.09-0.590.220.35-0.07-0.09-0.88-0.09
0.00.380.45-0.73-0.460.450.450.67-0.760.43-0.030.40.34-0.86-0.16-0.32-0.82-0.830.20.8-0.770.871.00.23-0.09
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Fushun Special Account Relationship Matchups

Fushun Special fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.2B10.2B11.8B12.4B8.5B
Other Current Liab286.3M453.7M509.1M688.9M112.6M107.0M
Total Current Liabilities1.3B1.4B1.6B2.7B3.5B4.8B
Total Stockholder Equity4.5B5.0B5.9B6.1B6.4B6.7B
Retained Earnings318.6M911.1M1.7B1.9B2.0B2.1B
Accounts Payable928.6M913.4M1.1B2.0B2.2B2.6B
Cash151.2M861.3M1.2B1.8B794.7M1.3B
Other Assets5.5M3.2M7.6M6.9M6.2M5.9M
Long Term Debt2.6B2.6B2.4B2.5B2.1B2.2B
Net Receivables1.2B450.3M345.5M373.0M560.7M1.1B
Inventory1.6B1.6B2.2B2.5B2.7B1.7B
Other Current Assets84.4M269.2M157.8M167.8M54.1M51.4M
Total Liab4.1B4.2B4.4B5.7B6.0B5.9B
Property Plant Equipment3.5B3.4B3.8B4.5B5.2B3.3B
Intangible Assets798.6M783.0M756.9M731.8M715.9M499.6M
Other Liab335.6M354.3M314.2M455.4M523.8M549.9M
Net Tangible Assets3.7B4.3B5.1B5.3B6.1B6.4B
Non Current Assets Total4.3B4.2B4.5B5.3B6.2B5.4B
Non Currrent Assets Other4.4B4.3B4.3B5.4M139.2M132.2M
Non Current Liabilities Total2.8B2.8B2.7B3.0B2.5B2.5B
Deferred Long Term Liab5.5M3.2M2.2M1.5M1.4M1.3M
Total Current Assets4.3B5.1B5.7B6.5B6.1B5.8B
Net Debt2.3B1.5B1.3B758.7M1.3B1.4B
Net Invested Capital6.9B7.4B8.3B8.6B8.5B7.9B
Net Working Capital3.0B3.6B4.0B3.8B2.7B2.4B
Other Stockholder Equity7.0M10.0M14.3M13.2M15.2M10.2M

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Other Information on Investing in Fushun Stock

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