Shanghai Net Income vs Net Interest Income Analysis

603057 Stock   18.46  0.75  4.23%   
Shanghai Ziyan financial indicator trend analysis is much more than just breaking down Shanghai Ziyan Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Ziyan Foods is a good investment. Please check the relationship between Shanghai Ziyan Net Income and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Ziyan Foods. 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.

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Ziyan Foods Net Income account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Shanghai Ziyan's Net Income and Net Interest Income is -0.85. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Shanghai Ziyan Foods, assuming nothing else is changed. The correlation between historical values of Shanghai Ziyan's Net Income and Net Interest 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 Net Income of Shanghai Ziyan Foods are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., Shanghai Ziyan's Net Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.85
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income

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

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Shanghai Ziyan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Ziyan Foods 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 Shanghai Ziyan Foods. 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 12, 2024, Tax Provision is expected to decline to about 77.9 M. In addition to that, Selling General Administrative is expected to decline to about 176.6 M
 2021 2022 2023 2024 (projected)
Interest Expense5.8M3.2M2.8M4.2M
Interest Income6.0M6.4M6.7M6.6M

Shanghai Ziyan fundamental ratios Correlations

0.99-0.79-0.80.92-0.820.81-0.82-0.05-0.170.70.86-0.95-0.75-0.960.79-0.930.280.84-0.81-0.58-0.79-0.75-0.850.72-0.63
0.99-0.8-0.810.87-0.830.72-0.81-0.07-0.210.60.83-0.93-0.75-0.930.7-0.910.290.76-0.81-0.51-0.8-0.75-0.830.62-0.6
-0.79-0.80.94-0.820.99-0.780.99-0.250.63-0.74-0.970.860.960.83-0.780.9-0.74-0.761.00.780.990.960.98-0.590.81
-0.8-0.810.94-0.730.93-0.710.9-0.390.38-0.63-0.930.840.980.82-0.680.82-0.71-0.630.940.710.940.980.9-0.430.9
0.920.87-0.82-0.73-0.850.9-0.87-0.13-0.320.830.9-0.96-0.71-0.960.91-0.970.290.97-0.83-0.68-0.8-0.71-0.910.89-0.58
-0.82-0.830.990.93-0.85-0.760.99-0.150.62-0.7-0.960.90.930.86-0.760.93-0.67-0.771.00.721.00.930.98-0.60.75
0.810.72-0.78-0.710.9-0.76-0.810.23-0.290.980.9-0.79-0.75-0.830.99-0.820.480.95-0.76-0.9-0.72-0.75-0.880.92-0.75
-0.82-0.810.990.9-0.870.99-0.81-0.160.64-0.77-0.980.890.920.86-0.820.93-0.68-0.820.990.770.980.920.99-0.660.75
-0.05-0.07-0.25-0.39-0.13-0.150.23-0.16-0.070.290.260.12-0.480.090.180.120.74-0.06-0.2-0.57-0.21-0.48-0.19-0.11-0.71
-0.17-0.210.630.38-0.320.62-0.290.64-0.07-0.39-0.50.290.480.2-0.370.42-0.68-0.370.620.480.630.480.56-0.280.26
0.70.6-0.74-0.630.83-0.70.98-0.770.29-0.390.85-0.68-0.7-0.710.99-0.730.540.92-0.71-0.94-0.66-0.7-0.840.91-0.72
0.860.83-0.97-0.930.9-0.960.9-0.980.26-0.50.85-0.9-0.94-0.890.89-0.920.680.86-0.97-0.85-0.95-0.94-0.990.73-0.84
-0.95-0.930.860.84-0.960.9-0.790.890.120.29-0.68-0.90.780.99-0.780.99-0.32-0.850.880.570.870.780.91-0.710.61
-0.75-0.750.960.98-0.710.93-0.750.92-0.480.48-0.7-0.940.780.77-0.730.79-0.81-0.650.950.810.951.00.92-0.470.93
-0.96-0.930.830.82-0.960.86-0.830.860.090.2-0.71-0.890.990.77-0.810.97-0.28-0.870.840.580.820.770.89-0.740.63
0.790.7-0.78-0.680.91-0.760.99-0.820.18-0.370.990.89-0.78-0.73-0.81-0.820.490.97-0.76-0.9-0.72-0.73-0.880.94-0.71
-0.93-0.910.90.82-0.970.93-0.820.930.120.42-0.73-0.920.990.790.97-0.82-0.38-0.890.910.620.890.790.94-0.760.6
0.280.29-0.74-0.710.29-0.670.48-0.680.74-0.680.540.68-0.32-0.81-0.280.49-0.380.33-0.71-0.78-0.72-0.81-0.660.19-0.81
0.840.76-0.76-0.630.97-0.770.95-0.82-0.06-0.370.920.86-0.85-0.65-0.870.97-0.890.33-0.76-0.77-0.72-0.65-0.870.97-0.56
-0.81-0.811.00.94-0.831.0-0.760.99-0.20.62-0.71-0.970.880.950.84-0.760.91-0.71-0.760.741.00.950.98-0.580.78
-0.58-0.510.780.71-0.680.72-0.90.77-0.570.48-0.94-0.850.570.810.58-0.90.62-0.78-0.770.740.710.810.83-0.720.86
-0.79-0.80.990.94-0.81.0-0.720.98-0.210.63-0.66-0.950.870.950.82-0.720.89-0.72-0.721.00.710.950.96-0.530.77
-0.75-0.750.960.98-0.710.93-0.750.92-0.480.48-0.7-0.940.781.00.77-0.730.79-0.81-0.650.950.810.950.92-0.470.93
-0.85-0.830.980.9-0.910.98-0.880.99-0.190.56-0.84-0.990.910.920.89-0.880.94-0.66-0.870.980.830.960.92-0.740.79
0.720.62-0.59-0.430.89-0.60.92-0.66-0.11-0.280.910.73-0.71-0.47-0.740.94-0.760.190.97-0.58-0.72-0.53-0.47-0.74-0.43
-0.63-0.60.810.9-0.580.75-0.750.75-0.710.26-0.72-0.840.610.930.63-0.710.6-0.81-0.560.780.860.770.930.79-0.43
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Other Information on Investing in Shanghai Stock

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