Orient Total Operating Expenses vs Operating Income Analysis

600958 Stock   10.55  0.04  0.38%   
Orient Sec financial indicator trend analysis is much more than just breaking down Orient Sec prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orient Sec is a good investment. Please check the relationship between Orient Sec 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 Orient Sec Co. 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 Orient Sec Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Orient Sec's Total Operating Expenses and Operating Income is -0.15. 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 Orient Sec Co, assuming nothing else is changed. The correlation between historical values of Orient Sec'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 Orient Sec Co 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., Orient Sec's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

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 Orient Sec 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 Orient Sec Co 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 Orient Sec's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orient Sec 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 Orient Sec Co. 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 Tax Provision is expected to grow to about 312.7 M, whereas Selling General Administrative is forecasted to decline to about 6.4 B.
 2023 2024 (projected)
Operating Income3.1B3.5B
Total Revenue16.5B12.0B

Orient Sec fundamental ratios Correlations

0.990.60.59-0.80.82-0.191.00.910.940.940.870.890.380.890.840.910.510.830.470.510.910.790.860.86-0.21
0.990.550.56-0.810.83-0.190.980.910.960.930.830.860.390.90.850.940.50.830.460.50.940.80.910.91-0.16
0.60.550.18-0.120.550.450.610.740.440.650.340.410.360.630.650.570.610.660.530.580.540.670.480.48-0.4
0.590.560.18-0.710.32-0.330.590.420.660.640.730.75-0.150.390.290.47-0.10.26-0.02-0.110.490.180.520.520.08
-0.8-0.81-0.12-0.71-0.630.5-0.79-0.64-0.87-0.77-0.83-0.83-0.24-0.63-0.56-0.7-0.14-0.52-0.23-0.14-0.75-0.46-0.71-0.71-0.01
0.820.830.550.32-0.630.00.810.850.720.710.520.570.590.910.890.90.670.890.810.650.90.870.790.79-0.36
-0.19-0.190.45-0.330.50.0-0.180.15-0.29-0.02-0.53-0.480.00.130.19-0.020.320.20.350.45-0.060.20.00.0-0.29
1.00.980.610.59-0.790.81-0.180.910.930.940.870.890.380.880.840.90.520.830.480.510.90.790.850.85-0.22
0.910.910.740.42-0.640.850.150.910.830.910.620.660.470.960.940.930.710.940.660.730.90.920.860.86-0.35
0.940.960.440.66-0.870.72-0.290.930.830.920.870.890.370.80.740.890.310.70.280.310.910.660.890.89-0.04
0.940.930.650.64-0.770.71-0.020.940.910.920.80.830.310.850.810.860.410.760.380.450.880.720.870.87-0.2
0.870.830.340.73-0.830.52-0.530.870.620.870.80.980.180.580.50.640.140.480.10.10.670.420.620.62-0.01
0.890.860.410.75-0.830.57-0.480.890.660.890.830.980.240.60.530.70.170.50.150.120.720.460.680.68-0.02
0.380.390.36-0.15-0.240.590.00.380.470.370.310.180.240.490.570.540.520.510.620.490.530.580.420.42-0.29
0.890.90.630.39-0.630.910.130.880.960.80.850.580.60.490.990.950.720.970.710.740.940.940.870.87-0.42
0.840.850.650.29-0.560.890.190.840.940.740.810.50.530.570.990.920.770.980.760.810.90.970.850.85-0.45
0.910.940.570.47-0.70.9-0.020.90.930.890.860.640.70.540.950.920.60.90.610.620.980.880.960.96-0.23
0.510.50.61-0.1-0.140.670.320.520.710.310.410.140.170.520.720.770.60.850.850.930.50.890.420.42-0.65
0.830.830.660.26-0.520.890.20.830.940.70.760.480.50.510.970.980.90.850.810.850.850.980.790.79-0.47
0.470.460.53-0.02-0.230.810.350.480.660.280.380.10.150.620.710.760.610.850.810.840.560.80.450.45-0.54
0.510.50.58-0.11-0.140.650.450.510.730.310.450.10.120.490.740.810.620.930.850.840.530.890.520.52-0.47
0.910.940.540.49-0.750.9-0.060.90.90.910.880.670.720.530.940.90.980.50.850.560.530.830.960.96-0.2
0.790.80.670.18-0.460.870.20.790.920.660.720.420.460.580.940.970.880.890.980.80.890.830.780.78-0.48
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
0.860.910.480.52-0.710.790.00.850.860.890.870.620.680.420.870.850.960.420.790.450.520.960.781.0-0.04
-0.21-0.16-0.40.08-0.01-0.36-0.29-0.22-0.35-0.04-0.2-0.01-0.02-0.29-0.42-0.45-0.23-0.65-0.47-0.54-0.47-0.2-0.48-0.04-0.04
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Orient Sec Account Relationship Matchups

Orient Sec fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.0B291.1B326.6B368.1B383.7B208.6B
Total Stockholder Equity54.0B60.2B64.1B77.4B78.7B43.8B
Other Liab1.1B2.2B2.4B3.5B4.0B2.2B
Retained Earnings18.2B19.9B23.2B8.8B8.8B13.5B
Accounts Payable480.1M576.6M526.0M1.2B1.5B1.5B
Cash63.8B110.5B143.4B174.8B163.7B171.9B
Other Assets1.4B3.3B4.5B3.4B3.0B2.7B
Total Liab209.0B230.9B262.5B290.7B304.9B164.7B
Intangible Assets168.5M215.3M250.6M246.0M286.7M153.0M
Property Plant Equipment2.1B3.1B2.9B2.8B3.3B1.7B
Other Current Liab7.5B13.0B15.5B17.5B20.1B11.6B
Total Current Liabilities122.6B164.7B169.6B191.0B219.6B156.4B
Net Tangible Assets51.6B53.8B60.0B63.8B73.4B56.1B
Net Receivables11.8B14.8B22.5B26.6B30.6B20.0B
Other Current Assets10.6B15.4B24.2B28.3B32.5B17.4B
Other Stockholder Equity(198.8M)500.0M5.0B5.6B6.5B6.8B
Deferred Long Term Liab88.9M98.9M140.2M167.9M193.0M116.7M
Long Term Investments154.9B158.5B163.7B174.8B203.9B156.9B
Total Current Assets139.7B170.8B199.6B247.8B285.0B185.9B
Net Invested Capital144.4B149.0B140.7B151.9B169.1B160.7B

Currently Active Assets on Macroaxis

Other Information on Investing in Orient Stock

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