China Total Revenue vs Operating Income Analysis

603505 Stock

26.08 1.23 4.95%

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

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Kings Resources Total Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China Kings' Total Revenue and Operating Income is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of China Kings Resources, assuming nothing else is changed. The correlation between historical values of China Kings' Total Revenue 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 Revenue of China Kings Resources 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 Revenue i.e., China Kings' Total Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts China Kings Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from China Kings Resources 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 China Kings Resources 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 China Kings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Kings Resources 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 Kings Resources. 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 48.1 M, whereas Tax Provision is forecasted to decline to about 53 M.

	2021	2022	2023	2024 (projected)
Operating Income	334.4M	307.5M	441.3M	463.4M
Total Revenue	1.0B	1.1B	1.9B	2.0B

Operating Income Total Revenue

China Kings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	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	Net Tangible Assets	Other Stockholder Equity	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Short Term Debt
Total Assets		0.09	0.99	0.78	-0.32	0.73	0.95	0.62	0.28	0.86	0.97	0.9	0.99	0.48	0.98	0.98	0.97	0.79	-0.75	0.86	0.01	0.95	0.77	0.99	0.84	0.87
Other Current Liab	0.09		0.03	0.58	-0.01	0.67	-0.21	0.74	0.17	0.27	-0.11	-0.3	-0.03	0.82	0.16	0.2	-0.12	0.59	-0.58	0.09	0.39	-0.19	-0.12	0.12	0.53	0.39
Total Current Liabilities	0.99	0.03		0.73	-0.3	0.67	0.96	0.55	0.24	0.86	0.98	0.91	0.99	0.42	0.95	0.96	0.97	0.74	-0.68	0.83	0.04	0.94	0.78	0.98	0.79	0.86
Total Stockholder Equity	0.78	0.58	0.73		-0.23	0.98	0.58	0.9	0.36	0.76	0.63	0.49	0.7	0.76	0.81	0.83	0.65	0.99	-0.85	0.85	0.2	0.59	0.66	0.77	0.95	0.93
Other Liab	-0.32	-0.01	-0.3	-0.23		-0.23	-0.35	-0.3	0.1	-0.3	-0.34	-0.27	-0.31	0.08	-0.25	-0.27	-0.37	-0.32	0.31	-0.4	0.04	-0.38	-0.36	-0.37	-0.36	-0.33
Retained Earnings	0.73	0.67	0.67	0.98	-0.23		0.5	0.95	0.38	0.68	0.56	0.43	0.64	0.81	0.77	0.79	0.58	0.98	-0.89	0.78	0.19	0.54	0.56	0.73	0.96	0.86
Accounts Payable	0.95	-0.21	0.96	0.58	-0.35	0.5		0.38	0.21	0.79	0.98	0.96	0.98	0.21	0.9	0.89	0.99	0.6	-0.55	0.82	-0.06	0.98	0.8	0.94	0.67	0.75
Cash	0.62	0.74	0.55	0.9	-0.3	0.95	0.38		0.38	0.56	0.46	0.29	0.53	0.8	0.65	0.68	0.47	0.9	-0.95	0.66	0.12	0.45	0.44	0.65	0.92	0.76
Other Assets	0.28	0.17	0.24	0.36	0.1	0.38	0.21	0.38		0.21	0.24	0.21	0.25	0.1	0.35	0.28	0.22	0.36	-0.35	0.33	-0.12	0.24	0.14	0.3	0.4	0.26
Net Receivables	0.86	0.27	0.86	0.76	-0.3	0.68	0.79	0.56	0.21		0.81	0.66	0.82	0.51	0.85	0.85	0.8	0.78	-0.62	0.72	0.24	0.71	0.65	0.85	0.75	0.91
Inventory	0.97	-0.11	0.98	0.63	-0.34	0.56	0.98	0.46	0.24	0.81		0.94	0.98	0.26	0.9	0.89	0.97	0.65	-0.62	0.81	-0.03	0.96	0.77	0.97	0.72	0.8
Other Current Assets	0.9	-0.3	0.91	0.49	-0.27	0.43	0.96	0.29	0.21	0.66	0.94		0.94	0.12	0.85	0.83	0.94	0.5	-0.48	0.75	-0.24	0.95	0.7	0.88	0.58	0.63
Total Liab	0.99	-0.03	0.99	0.7	-0.31	0.64	0.98	0.53	0.25	0.82	0.98	0.94		0.38	0.95	0.95	0.99	0.71	-0.68	0.85	-0.02	0.97	0.8	0.98	0.77	0.83
Intangible Assets	0.48	0.82	0.42	0.76	0.08	0.81	0.21	0.8	0.1	0.51	0.26	0.12	0.38		0.54	0.6	0.3	0.73	-0.76	0.39	0.32	0.23	0.24	0.45	0.71	0.6
Common Stock	0.98	0.16	0.95	0.81	-0.25	0.77	0.9	0.65	0.35	0.85	0.9	0.85	0.95	0.54		0.99	0.94	0.82	-0.74	0.85	-0.01	0.9	0.74	0.95	0.86	0.86
Property Plant Equipment	0.98	0.2	0.96	0.83	-0.27	0.79	0.89	0.68	0.28	0.85	0.89	0.83	0.95	0.6	0.99		0.94	0.83	-0.77	0.86	0.05	0.89	0.77	0.94	0.86	0.87
Long Term Debt	0.97	-0.12	0.97	0.65	-0.37	0.58	0.99	0.47	0.22	0.8	0.97	0.94	0.99	0.3	0.94	0.94		0.67	-0.62	0.85	-0.06	0.98	0.82	0.95	0.73	0.79
Net Tangible Assets	0.79	0.59	0.74	0.99	-0.32	0.98	0.6	0.9	0.36	0.78	0.65	0.5	0.71	0.73	0.82	0.83	0.67		-0.85	0.83	0.18	0.6	0.62	0.8	0.97	0.93
Other Stockholder Equity	-0.75	-0.58	-0.68	-0.85	0.31	-0.89	-0.55	-0.95	-0.35	-0.62	-0.62	-0.48	-0.68	-0.76	-0.74	-0.77	-0.62	-0.85		-0.7	-0.01	-0.62	-0.51	-0.78	-0.92	-0.77
Non Current Assets Total	0.86	0.09	0.83	0.85	-0.4	0.78	0.82	0.66	0.33	0.72	0.81	0.75	0.85	0.39	0.85	0.86	0.85	0.83	-0.7		-0.02	0.83	0.91	0.85	0.85	0.86
Non Currrent Assets Other	0.01	0.39	0.04	0.2	0.04	0.19	-0.06	0.12	-0.12	0.24	-0.03	-0.24	-0.02	0.32	-0.01	0.05	-0.06	0.18	-0.01	-0.02		-0.16	0.06	0.02	0.15	0.27
Non Current Liabilities Total	0.95	-0.19	0.94	0.59	-0.38	0.54	0.98	0.45	0.24	0.71	0.96	0.95	0.97	0.23	0.9	0.89	0.98	0.6	-0.62	0.83	-0.16		0.8	0.93	0.7	0.72
Short Long Term Debt	0.77	-0.12	0.78	0.66	-0.36	0.56	0.8	0.44	0.14	0.65	0.77	0.7	0.8	0.24	0.74	0.77	0.82	0.62	-0.51	0.91	0.06	0.8		0.74	0.63	0.77
Total Current Assets	0.99	0.12	0.98	0.77	-0.37	0.73	0.94	0.65	0.3	0.85	0.97	0.88	0.98	0.45	0.95	0.94	0.95	0.8	-0.78	0.85	0.02	0.93	0.74		0.86	0.88
Non Current Liabilities Other	0.84	0.53	0.79	0.95	-0.36	0.96	0.67	0.92	0.4	0.75	0.72	0.58	0.77	0.71	0.86	0.86	0.73	0.97	-0.92	0.85	0.15	0.7	0.63	0.86		0.9
Short Term Debt	0.87	0.39	0.86	0.93	-0.33	0.86	0.75	0.76	0.26	0.91	0.8	0.63	0.83	0.6	0.86	0.87	0.79	0.93	-0.77	0.86	0.27	0.72	0.77	0.88	0.9

Click cells to compare fundamentals

China Kings Account Relationship Matchups

China Kings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	2.0B	2.2B	3.1B	5.0B	5.3B
Other Current Liab	123.7M	132.3M	159.7M	107.4M	18.6M	17.7M
Total Current Liabilities	589.6M	617.3M	643.2M	857.7M	1.8B	1.9B
Total Stockholder Equity	1.0B	1.1B	1.3B	1.4B	1.6B	852.3M
Other Liab	78.5M	75.9M	75.5M	61.4M	55.3M	64.9M
Retained Earnings	602.2M	768.8M	942.1M	967.4M	965.1M	487.5M
Accounts Payable	92.2M	59.6M	69.4M	301.5M	824.1M	865.3M
Cash	221.3M	275.2M	290.5M	292.0M	231.4M	139.1M
Other Assets	5.7M	11.4M	28.4M	18.4M	21.2M	11.9M
Net Receivables	197.8M	89.2M	161.6M	166.6M	283.9M	298.1M
Inventory	93.4M	98.3M	105.4M	122.8M	443.6M	465.7M
Other Current Assets	11.9M	1.9M	40.7M	61.2M	176.8M	185.6M
Total Liab	815.5M	860.5M	845.8M	1.5B	2.9B	3.0B
Intangible Assets	479.9M	462.1M	441.2M	522.9M	280.7M	350.2M
Property Plant Equipment	820.4M	830.4M	886.0M	1.6B	1.9B	1.9B
Net Tangible Assets	520.5M	619.4M	845.8M	830.4M	954.9M	556.5M
Other Stockholder Equity	(17.6M)	(17.4M)	(18.2M)	(18.6M)	(16.7M)	(15.9M)
Non Current Assets Total	1.3B	1.3B	1.4B	2.2B	3.4B	1.7B
Non Currrent Assets Other	2.1M	831.9M	6.9M	11.6M	34.6M	32.9M
Non Current Liabilities Total	225.9M	243.1M	202.5M	614.5M	1.1B	1.2B
Short Long Term Debt	334.3M	337.2M	196.1M	404.2M	581.2M	375.7M
Total Current Assets	524.3M	660.8M	799.4M	817.8M	1.6B	1.7B
Non Current Liabilities Other	11.4M	13.3M	15.0M	15.0M	16.2M	13.4M
Net Debt	260.4M	229.3M	29.7M	661.6M	1.4B	1.5B
Deferred Long Term Liab	155.3K	103.6K	51.8K	271.2K	311.8K	173.6K
Net Invested Capital	1.5B	1.6B	1.6B	2.3B	3.3B	2.0B
Net Working Capital	(65.3M)	43.5M	156.2M	(39.8M)	(180.6M)	(171.5M)

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in China Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

China Total Revenue vs Operating Income Analysis

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

Correlation Coefficient

Total Revenue

Operating Income

China Kings fundamental ratios Correlations

China Kings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Kings fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Long Term Debt	+ 0.99	Accounts Payable

Other Stockholder Equity	- 0.95	Cash
Non Current Liabilities Other	- 0.92	Other Stockholder Equity
Other Stockholder Equity	- 0.89	Retained Earnings
Other Stockholder Equity	- 0.85	Net Tangible Assets
Other Stockholder Equity	- 0.85	Total Stockholder Equity
Total Current Assets	- 0.78	Other Stockholder Equity