China Ebitda vs Net Income Analysis

600764 Stock

26.89 0.05 0.19%

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

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Marine Information Ebitda account and Net Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Marine's Ebitda and Net Income is 0.91. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Net Income in the same time period over historical financial statements of China Marine Information, assuming nothing else is changed. The correlation between historical values of China Marine's Ebitda and Net 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 Ebitda of China Marine Information are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Ebitda i.e., China Marine's Ebitda and Net Income go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Net Income

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

Most indicators from China Marine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Marine Information 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 Marine Information. 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 324.2 M, whereas Tax Provision is forecasted to decline to about 17.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	982.8M	638.0M	410.6M	223.5M
Total Revenue	4.9B	4.3B	3.6B	3.8B

Operating Income Total Revenue

China Marine fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Other Liab	Net Tangible Assets	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Stockholder Equity	Short Long Term Debt
Total Assets		0.28	0.89	0.99	0.97	0.97	0.99	0.8	0.92	0.8	0.41	0.96	0.97	0.8	0.94	0.83	-0.58	0.93	0.96	-0.67	0.9	0.93	0.04	0.89	-0.67	0.92
Other Current Liab	0.28		0.58	0.23	0.36	0.28	0.26	0.21	0.48	0.68	0.51	0.43	0.47	0.42	0.27	0.41	0.23	0.33	0.27	-0.49	0.5	0.19	-0.05	0.39	-0.24	0.41
Total Current Liabilities	0.89	0.58		0.86	0.93	0.93	0.87	0.83	0.98	0.95	0.44	0.92	0.91	0.76	0.9	0.71	-0.53	0.94	0.9	-0.71	0.92	0.77	-0.02	0.78	-0.68	0.83
Total Stockholder Equity	0.99	0.23	0.86		0.97	0.97	0.99	0.79	0.9	0.8	0.44	0.93	0.96	0.8	0.95	0.83	-0.57	0.92	0.98	-0.67	0.91	0.93	0.06	0.9	-0.7	0.9
Retained Earnings	0.97	0.36	0.93	0.97		0.99	0.97	0.83	0.96	0.9	0.49	0.92	0.95	0.8	0.98	0.83	-0.56	0.96	0.99	-0.72	0.96	0.9	0.01	0.89	-0.78	0.86
Accounts Payable	0.97	0.28	0.93	0.97	0.99		0.97	0.85	0.96	0.87	0.39	0.91	0.93	0.77	0.98	0.77	-0.65	0.97	0.99	-0.72	0.93	0.88	0.03	0.84	-0.75	0.84
Cash	0.99	0.26	0.87	0.99	0.97	0.97		0.75	0.91	0.8	0.38	0.94	0.96	0.78	0.95	0.82	-0.58	0.91	0.97	-0.75	0.91	0.91	0.15	0.88	-0.71	0.89
Other Assets	0.8	0.21	0.83	0.79	0.83	0.85	0.75		0.83	0.75	0.42	0.78	0.7	0.67	0.78	0.62	-0.59	0.91	0.82	-0.38	0.74	0.73	-0.18	0.67	-0.56	0.66
Net Receivables	0.92	0.48	0.98	0.9	0.96	0.96	0.91	0.83		0.92	0.36	0.92	0.92	0.76	0.95	0.73	-0.6	0.95	0.95	-0.73	0.93	0.81	0.02	0.8	-0.69	0.83
Inventory	0.8	0.68	0.95	0.8	0.9	0.87	0.8	0.75	0.92		0.62	0.81	0.86	0.75	0.84	0.72	-0.33	0.88	0.87	-0.75	0.94	0.7	-0.05	0.77	-0.73	0.75
Other Current Assets	0.41	0.51	0.44	0.44	0.49	0.39	0.38	0.42	0.36	0.62		0.38	0.48	0.55	0.35	0.64	0.31	0.42	0.43	-0.27	0.58	0.45	-0.23	0.64	-0.47	0.43
Total Liab	0.96	0.43	0.92	0.93	0.92	0.91	0.94	0.78	0.92	0.81	0.38		0.96	0.78	0.87	0.8	-0.54	0.9	0.89	-0.65	0.86	0.88	0.0	0.86	-0.57	0.95
Intangible Assets	0.97	0.47	0.91	0.96	0.95	0.93	0.96	0.7	0.92	0.86	0.48	0.96		0.84	0.9	0.85	-0.44	0.89	0.93	-0.75	0.93	0.88	0.09	0.9	-0.65	0.93
Common Stock	0.8	0.42	0.76	0.8	0.8	0.77	0.78	0.67	0.76	0.75	0.55	0.78	0.84		0.71	0.76	-0.17	0.79	0.78	-0.51	0.88	0.84	0.12	0.8	-0.58	0.85
Property Plant Equipment	0.94	0.27	0.9	0.95	0.98	0.98	0.95	0.78	0.95	0.84	0.35	0.87	0.9	0.71		0.77	-0.65	0.92	0.98	-0.76	0.91	0.87	0.09	0.83	-0.81	0.8
Long Term Debt	0.83	0.41	0.71	0.83	0.83	0.77	0.82	0.62	0.73	0.72	0.64	0.8	0.85	0.76	0.77		-0.18	0.74	0.78	-0.6	0.81	0.87	0.03	0.99	-0.63	0.77
Short Term Investments	-0.58	0.23	-0.53	-0.57	-0.56	-0.65	-0.58	-0.59	-0.6	-0.33	0.31	-0.54	-0.44	-0.17	-0.65	-0.18		-0.61	-0.61	0.3	-0.34	-0.41	-0.07	-0.26	0.4	-0.37
Other Liab	0.93	0.33	0.94	0.92	0.96	0.97	0.91	0.91	0.95	0.88	0.42	0.9	0.89	0.79	0.92	0.74	-0.61		0.95	-0.66	0.9	0.84	-0.01	0.8	-0.73	0.8
Net Tangible Assets	0.96	0.27	0.9	0.98	0.99	0.99	0.97	0.82	0.95	0.87	0.43	0.89	0.93	0.78	0.98	0.78	-0.61	0.95		-0.72	0.94	0.89	0.06	0.85	-0.78	0.84
Long Term Investments	-0.67	-0.49	-0.71	-0.67	-0.72	-0.72	-0.75	-0.38	-0.73	-0.75	-0.27	-0.65	-0.75	-0.51	-0.76	-0.6	0.3	-0.66	-0.72		-0.77	-0.56	-0.4	-0.62	0.67	-0.58
Total Current Assets	0.9	0.5	0.92	0.91	0.96	0.93	0.91	0.74	0.93	0.94	0.58	0.86	0.93	0.88	0.91	0.81	-0.34	0.9	0.94	-0.77		0.87	0.05	0.87	-0.76	0.87
Non Current Assets Total	0.93	0.19	0.77	0.93	0.9	0.88	0.91	0.73	0.81	0.7	0.45	0.88	0.88	0.84	0.87	0.87	-0.41	0.84	0.89	-0.56	0.87		-0.05	0.92	-0.64	0.91
Non Currrent Assets Other	0.04	-0.05	-0.02	0.06	0.01	0.03	0.15	-0.18	0.02	-0.05	-0.23	0.0	0.09	0.12	0.09	0.03	-0.07	-0.01	0.06	-0.4	0.05	-0.05		-0.01	-0.23	-0.06
Non Current Liabilities Total	0.89	0.39	0.78	0.9	0.89	0.84	0.88	0.67	0.8	0.77	0.64	0.86	0.9	0.8	0.83	0.99	-0.26	0.8	0.85	-0.62	0.87	0.92	-0.01		-0.67	0.85
Other Stockholder Equity	-0.67	-0.24	-0.68	-0.7	-0.78	-0.75	-0.71	-0.56	-0.69	-0.73	-0.47	-0.57	-0.65	-0.58	-0.81	-0.63	0.4	-0.73	-0.78	0.67	-0.76	-0.64	-0.23	-0.67		-0.53
Short Long Term Debt	0.92	0.41	0.83	0.9	0.86	0.84	0.89	0.66	0.83	0.75	0.43	0.95	0.93	0.85	0.8	0.77	-0.37	0.8	0.84	-0.58	0.87	0.91	-0.06	0.85	-0.53

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China Marine Account Relationship Matchups

China Marine fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.7B	9.5B	10.3B	10.7B	11.7B	12.3B
Other Current Liab	1.8B	698.3M	641.8M	511.9M	103.5M	98.4M
Total Current Liabilities	3.2B	2.4B	2.5B	2.4B	3.1B	3.2B
Total Stockholder Equity	4.2B	6.8B	7.4B	7.8B	8.1B	8.5B
Retained Earnings	2.6B	3.1B	3.7B	4.1B	4.1B	4.3B
Accounts Payable	906.7M	1.3B	1.3B	1.5B	1.8B	1.9B
Cash	1.7B	2.3B	2.5B	2.7B	2.9B	3.1B
Other Assets	55.6M	71.5M	60.3M	88.4M	101.7M	106.8M
Net Receivables	2.9B	2.5B	2.1B	2.6B	3.5B	3.7B
Inventory	1.8B	1.7B	1.8B	1.6B	1.5B	1.6B
Other Current Assets	69.7M	106.3M	155.8M	140.8M	15.3M	14.5M
Total Liab	3.5B	2.6B	2.8B	2.9B	3.4B	3.5B
Intangible Assets	256.4M	261.9M	261.4M	255.4M	246.4M	258.7M
Common Stock	395.8M	394.8M	631.7M	710.6M	817.2M	408.9M
Property Plant Equipment	819.3M	932.1M	1.2B	1.4B	1.6B	1.7B
Long Term Debt	193.3M	154.4M	208.0M	415M	145M	147.9M
Other Liab	83.5M	92.6M	97.8M	107.1M	123.2M	129.4M
Net Tangible Assets	3.9B	6.6B	7.2B	7.5B	8.7B	9.1B
Total Current Assets	6.5B	8.2B	8.6B	8.6B	9.5B	6.0B
Non Current Assets Total	1.2B	1.3B	1.6B	2.1B	2.2B	1.3B
Non Currrent Assets Other	32.7M	42.1M	25.9M	48.6M	62.2M	61.3M
Non Current Liabilities Total	276.8M	246.9M	345.8M	529.7M	274.4M	247.0M
Other Stockholder Equity	(6.1M)	(3.6M)	(18.5M)	(14.2M)	(12.8M)	(13.4M)
Short Long Term Debt	390.6M	334.6M	402.8M	302.7M	435.9M	278.9M
Net Invested Capital	4.7B	7.3B	8.1B	8.5B	8.6B	6.2B
Net Working Capital	3.3B	5.8B	6.2B	6.3B	6.4B	4.6B
Deferred Long Term Liab	3.4M	2.7M	2.3M	6.0M	6.9M	3.7M
Non Current Liabilities Other	1.1M	5.6M	9.8M	13.0M	14.1M	9.4M

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Marine Information at a specified time, usually calculated after every quarter, six months, or one year. China Marine Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Marine 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 Ebitda vs Net Income Analysis

Ebitda vs Net Income

Ebitda vs Net Income Correlation Analysis

Correlation Coefficient

Ebitda

Net Income

China Marine fundamental ratios Correlations

China Marine Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Marine fundamental ratios Accounts

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Other Information on Investing in China Stock

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COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Cash	+ 0.99	Total Assets
Cash	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Retained Earnings
Net Tangible Assets	+ 0.99	Retained Earnings
Net Tangible Assets	+ 0.99	Accounts Payable

Other Stockholder Equity	- 0.81	Property Plant Equipment
Other Stockholder Equity	- 0.78	Net Tangible Assets
Other Stockholder Equity	- 0.78	Retained Earnings
Total Current Assets	- 0.77	Long Term Investments
Other Stockholder Equity	- 0.76	Total Current Assets
Long Term Investments	- 0.76	Property Plant Equipment