Dalian Net Income vs Total Operating Expenses Analysis
600719 Stock | 8.19 0.13 1.61% |
Dalian Thermal financial indicator trend analysis is much more than just examining Dalian Thermal Power latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dalian Thermal Power is a good investment. Please check the relationship between Dalian Thermal Net Income and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dalian Thermal Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Income vs Total Operating Expenses
Net Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dalian Thermal Power Net Income account and Total Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dalian Thermal's Net Income and Total Operating Expenses is -0.28. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Dalian Thermal Power, assuming nothing else is changed. The correlation between historical values of Dalian Thermal's Net Income and Total Operating Expenses 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 Dalian Thermal Power are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Net Income i.e., Dalian Thermal's Net Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Dalian Thermal Power financial statement analysis. It represents the amount of money remaining after all of Dalian Thermal Power operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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.Most indicators from Dalian Thermal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dalian Thermal Power 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 Dalian Thermal Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. The current year's Tax Provision is expected to grow to about 11.5 M, whereas Selling General Administrative is forecasted to decline to about 5.2 M.
Dalian Thermal fundamental ratios Correlations
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Dalian Thermal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dalian Thermal fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.3B | 2.7B | 2.8B | 2.7B | 2.8B | 2.0B | |
Other Current Liab | 341.3M | 330.8M | 311.5M | 337.4M | 25.1M | 23.8M | |
Total Current Liabilities | 1.3B | 1.1B | 1.4B | 1.4B | 1.4B | 995.4M | |
Total Stockholder Equity | 737.6M | 743.6M | 597.2M | 441.2M | 548.1M | 554.3M | |
Other Liab | 23.4M | 19.5M | 45.3M | 39.4M | 45.4M | 24.9M | |
Retained Earnings | 230.8M | 236.8M | 90.4M | (65.6M) | (134.9M) | (128.2M) | |
Accounts Payable | 237.2M | 198.4M | 405.0M | 474.7M | 438.6M | 232.4M | |
Cash | 208.6M | 522.1M | 322.7M | 159.1M | 84.0M | 157.3M | |
Long Term Debt | 229.3M | 868.6M | 779.7M | 740.6M | 852.0M | 894.6M | |
Net Receivables | 69.5M | 55.7M | 46.8M | 39.0M | 53.0M | 50.4M | |
Inventory | 66.8M | 117.5M | 223.0M | 88.3M | 119.1M | 84.1M | |
Other Current Assets | 318.7M | 272.4M | 121.1M | 404.3M | 6.6M | 6.3M | |
Total Liab | 1.5B | 2.0B | 2.2B | 2.2B | 2.3B | 1.2B | |
Property Plant Equipment | 1.6B | 1.7B | 1.9B | 1.9B | 2.2B | 1.2B | |
Intangible Assets | 909.3K | 864.7K | 835.5K | 819.5K | 737.5K | 700.7K | |
Other Assets | 39.5M | 36.3M | 32.9M | 31.4M | 36.1M | 29.7M | |
Net Tangible Assets | 736.7M | 742.8M | 596.3M | 441.2M | 397.0M | 541.5M | |
Deferred Long Term Liab | 3.9M | 2.8M | 2.0M | 1.3M | 1.2M | 1.2M | |
Total Current Assets | 663.6M | 971.3M | 912.8M | 700.8M | 668.5M | 750.3M | |
Non Current Assets Total | 1.6B | 1.7B | 1.9B | 2.0B | 2.1B | 1.8B | |
Non Currrent Assets Other | 51.6M | 1.6B | 1.7B | 943.4K | 1.1M | 1.0M | |
Non Current Liabilities Total | 252.7M | 888.1M | 833.8M | 787.5M | 895.2M | 527.5M | |
Short Long Term Debt | 550M | 473M | 237.2M | 500.0M | 514.1M | 455.7M | |
Net Debt | 570.7M | 819.5M | 694.2M | 1.1B | 1.3B | 798.9M | |
Net Invested Capital | 1.5B | 2.1B | 1.6B | 1.7B | 1.9B | 1.8B | |
Net Working Capital | (607.1M) | (107.3M) | (466.6M) | (743.8M) | (701.6M) | (736.6M) |
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Other Information on Investing in Dalian Stock
Balance Sheet is a snapshot of the financial position of Dalian Thermal Power at a specified time, usually calculated after every quarter, six months, or one year. Dalian Thermal Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dalian Thermal 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 Dalian currently owns. An asset can also be divided into two categories, current and non-current.