WuXi Net Income vs Operating Income Analysis

603416 Stock

41.90 1.25 3.08%

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

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WuXi Xinje Electric Net Income account and Operating Income. At this time, the significance of the direction appears to have totally related.

The correlation between WuXi Xinje's Net Income and Operating Income is 0.99. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of WuXi Xinje Electric, assuming nothing else is changed. The correlation between historical values of WuXi Xinje's Net Income 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 Net Income of WuXi Xinje Electric 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 Net Income i.e., WuXi Xinje's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

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

Operating Income

Operating Income is the amount of profit realized from WuXi Xinje Electric 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 WuXi Xinje Electric 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 WuXi Xinje's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WuXi Xinje Electric 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 WuXi Xinje Electric. 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 Selling General Administrative is expected to grow to about 57 M. The current year's Tax Provision is expected to grow to about 21.4 M

	2021	2022	2023	2024 (projected)
Operating Income	329.3M	238.8M	220.7M	172.2M
Total Revenue	1.3B	1.3B	1.5B	1.6B

Operating Income Total Revenue

WuXi Xinje 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	Other Liab	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock Shares Outstanding	Short Term Investments	Net Invested Capital
Total Assets		0.25	0.97	1.0	0.99	0.96	0.38	0.99	0.22	0.88	0.05	0.97	0.78	0.79	0.97	0.94	0.94	0.49	0.96	0.96	0.94	0.64	0.83	-0.59	0.35	0.93
Other Current Liab	0.25		0.34	0.22	0.19	0.33	-0.12	0.13	-0.4	0.57	-0.02	0.33	0.4	0.32	0.12	-0.05	0.33	0.58	0.01	0.38	0.33	0.23	0.05	0.45	0.17	0.2
Total Current Liabilities	0.97	0.34		0.94	0.97	1.0	0.29	0.96	0.0	0.92	-0.08	1.0	0.68	0.68	0.96	0.89	0.9	0.44	0.92	0.93	0.95	0.55	0.83	-0.57	0.48	0.94
Total Stockholder Equity	1.0	0.22	0.94		0.98	0.94	0.41	0.98	0.3	0.85	0.09	0.94	0.8	0.82	0.96	0.94	0.94	0.5	0.96	0.96	0.92	0.66	0.81	-0.59	0.3	0.9
Retained Earnings	0.99	0.19	0.97	0.98		0.97	0.36	1.0	0.2	0.86	0.03	0.97	0.73	0.73	0.99	0.95	0.93	0.41	0.98	0.94	0.94	0.62	0.86	-0.63	0.38	0.95
Accounts Payable	0.96	0.33	1.0	0.94	0.97		0.3	0.96	0.0	0.92	-0.08	1.0	0.67	0.67	0.97	0.89	0.9	0.43	0.92	0.93	0.96	0.55	0.84	-0.57	0.49	0.95
Cash	0.38	-0.12	0.29	0.41	0.36	0.3		0.34	0.34	0.26	-0.11	0.3	0.2	0.34	0.34	0.46	0.43	-0.02	0.33	0.41	0.3	0.04	0.42	-0.19	0.28	0.35
Other Assets	0.99	0.13	0.96	0.98	1.0	0.96	0.34		0.22	0.83	0.01	0.97	0.72	0.73	0.99	0.97	0.91	0.4	0.99	0.93	0.93	0.6	0.87	-0.68	0.39	0.94
Net Receivables	0.22	-0.4	0.0	0.3	0.2	0.0	0.34	0.22		-0.05	0.32	0.01	0.52	0.55	0.15	0.37	0.24	0.3	0.26	0.2	0.07	0.25	0.18	-0.19	-0.33	0.06
Inventory	0.88	0.57	0.92	0.85	0.86	0.92	0.26	0.83	-0.05		-0.01	0.92	0.74	0.73	0.84	0.72	0.93	0.54	0.77	0.94	0.96	0.57	0.8	-0.21	0.45	0.91
Other Current Assets	0.05	-0.02	-0.08	0.09	0.03	-0.08	-0.11	0.01	0.32	-0.01		-0.08	0.31	0.27	-0.04	0.0	0.1	0.27	0.07	0.09	-0.03	0.77	-0.07	0.12	-0.86	-0.04
Total Liab	0.97	0.33	1.0	0.94	0.97	1.0	0.3	0.97	0.01	0.92	-0.08		0.68	0.68	0.97	0.89	0.9	0.44	0.92	0.93	0.96	0.56	0.83	-0.57	0.48	0.94
Intangible Assets	0.78	0.4	0.68	0.8	0.73	0.67	0.2	0.72	0.52	0.74	0.31	0.68		0.95	0.66	0.67	0.81	0.74	0.67	0.81	0.72	0.69	0.56	-0.19	0.0	0.63
Common Stock	0.79	0.32	0.68	0.82	0.73	0.67	0.34	0.73	0.55	0.73	0.27	0.68	0.95		0.67	0.7	0.83	0.69	0.69	0.83	0.73	0.66	0.58	-0.23	0.04	0.65
Property Plant Equipment	0.97	0.12	0.96	0.96	0.99	0.97	0.34	0.99	0.15	0.84	-0.04	0.97	0.66	0.67		0.95	0.9	0.34	0.98	0.91	0.94	0.56	0.87	-0.67	0.44	0.96
Other Liab	0.94	-0.05	0.89	0.94	0.95	0.89	0.46	0.97	0.37	0.72	0.0	0.89	0.67	0.7	0.95		0.86	0.34	0.98	0.86	0.85	0.52	0.87	-0.74	0.35	0.88
Net Tangible Assets	0.94	0.33	0.9	0.94	0.93	0.9	0.43	0.91	0.24	0.93	0.1	0.9	0.81	0.83	0.9	0.86		0.52	0.89	0.99	0.96	0.65	0.86	-0.37	0.34	0.94
Other Stockholder Equity	0.49	0.58	0.44	0.5	0.41	0.43	-0.02	0.4	0.3	0.54	0.27	0.44	0.74	0.69	0.34	0.34	0.52		0.35	0.55	0.45	0.55	0.22	0.03	-0.17	0.3
Deferred Long Term Liab	0.96	0.01	0.92	0.96	0.98	0.92	0.33	0.99	0.26	0.77	0.07	0.92	0.67	0.69	0.98	0.98	0.89	0.35		0.89	0.9	0.61	0.88	-0.71	0.32	0.93
Total Current Assets	0.96	0.38	0.93	0.96	0.94	0.93	0.41	0.93	0.2	0.94	0.09	0.93	0.81	0.83	0.91	0.86	0.99	0.55	0.89		0.97	0.65	0.85	-0.38	0.35	0.93
Non Current Assets Total	0.94	0.33	0.95	0.92	0.94	0.96	0.3	0.93	0.07	0.96	-0.03	0.96	0.72	0.73	0.94	0.85	0.96	0.45	0.9	0.97		0.57	0.9	-0.43	0.48	0.98
Non Currrent Assets Other	0.64	0.23	0.55	0.66	0.62	0.55	0.04	0.6	0.25	0.57	0.77	0.56	0.69	0.66	0.56	0.52	0.65	0.55	0.61	0.65	0.57		0.41	-0.25	-0.42	0.55
Non Current Liabilities Total	0.83	0.05	0.83	0.81	0.86	0.84	0.42	0.87	0.18	0.8	-0.07	0.83	0.56	0.58	0.87	0.87	0.86	0.22	0.88	0.85	0.9	0.41		-0.44	0.5	0.93
Common Stock Shares Outstanding	-0.59	0.45	-0.57	-0.59	-0.63	-0.57	-0.19	-0.68	-0.19	-0.21	0.12	-0.57	-0.19	-0.23	-0.67	-0.74	-0.37	0.03	-0.71	-0.38	-0.43	-0.25	-0.44		-0.23	-0.5
Short Term Investments	0.35	0.17	0.48	0.3	0.38	0.49	0.28	0.39	-0.33	0.45	-0.86	0.48	0.0	0.04	0.44	0.35	0.34	-0.17	0.32	0.35	0.48	-0.42	0.5	-0.23		0.5
Net Invested Capital	0.93	0.2	0.94	0.9	0.95	0.95	0.35	0.94	0.06	0.91	-0.04	0.94	0.63	0.65	0.96	0.88	0.94	0.3	0.93	0.93	0.98	0.55	0.93	-0.5	0.5

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WuXi Xinje Account Relationship Matchups

WuXi Xinje fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	2.2B	2.4B	2.7B	2.9B	3.0B
Other Current Liab	25.0M	77.3M	58.5M	41.4M	2.8M	2.7M
Total Current Liabilities	241.0M	686.7M	605.1M	695.5M	710.5M	746.0M
Total Stockholder Equity	1.2B	1.5B	1.8B	2.0B	2.1B	2.2B
Retained Earnings	692.1M	1.0B	1.3B	1.5B	1.6B	1.6B
Accounts Payable	193.7M	571.0M	497.0M	609.0M	597.3M	627.2M
Cash	101.6M	103.1M	134.0M	324.0M	345.5M	177.6M
Other Assets	16.0M	22.2M	27.0M	33.5M	38.5M	40.5M
Net Receivables	152.6M	22.5M	43.2M	80.7M	118.4M	92.2M
Inventory	235.9M	580.7M	540.3M	580.2M	511.1M	270.4M
Other Current Assets	8.2M	8.0M	14.7M	111.4M	3.5M	3.3M
Total Liab	259.7M	704.4M	625.2M	730.3M	743.1M	780.3M
Intangible Assets	61.9M	62.1M	61.2M	62.7M	62.7M	48.6M
Property Plant Equipment	209.1M	281.6M	382.7M	437.0M	502.5M	527.6M
Other Liab	18.7M	17.8M	18.3M	33.6M	38.6M	40.6M
Net Tangible Assets	1.1B	1.4B	1.7B	1.9B	2.2B	1.3B
Other Stockholder Equity	(5.4K)	29.0K	(140.8K)	(111.2K)	(127.9K)	(134.3K)
Deferred Long Term Liab	7.9M	7.8M	10.5M	15.5M	17.8M	18.7M
Total Current Assets	1.1B	1.7B	1.8B	2.0B	2.1B	1.4B
Non Current Assets Total	338.0M	558.4M	602.7M	670.9M	787.2M	474.7M
Non Currrent Assets Other	3.3M	7.1M	6.8M	6.9M	6.7M	6.6M
Non Current Liabilities Total	18.7M	17.8M	20.2M	34.8M	32.6M	22.6M
Short Term Investments	543.9M	688.2M	773.9M	736.9M	813.2M	652.2M
Net Invested Capital	1.2B	1.5B	1.8B	2.0B	2.2B	1.7B
Net Working Capital	883.7M	971.6M	1.2B	1.3B	1.4B	1.2B

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Other Information on Investing in WuXi Stock

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

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WuXi Net Income vs Operating Income Analysis

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Income

Operating Income

WuXi Xinje fundamental ratios Correlations

WuXi Xinje Account Relationship Matchups

High Positive Relationship

High Negative Relationship

WuXi Xinje fundamental ratios Accounts

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Other Information on Investing in WuXi Stock

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Other Assets	+ 1.0	Retained Earnings
Total Liab	+ 1.0	Accounts Payable
Retained Earnings	+ 0.99	Total Assets

Short Term Investments	- 0.86	Other Current Assets
Common Stock Shares Outstanding	- 0.74	Other Liab
Common Stock Shares Outstanding	- 0.71	Deferred Long Term Liab
Common Stock Shares Outstanding	- 0.68	Other Assets
Common Stock Shares Outstanding	- 0.67	Property Plant Equipment
Common Stock Shares Outstanding	- 0.63	Retained Earnings