Shenzhen Ebit vs Operating Income Analysis

688036 Stock

94.72 9.67 11.37%

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

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Transsion Ebit account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shenzhen Transsion's Ebit and Operating Income is 0.87. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shenzhen Transsion Holdings, assuming nothing else is changed. The correlation between historical values of Shenzhen Transsion's Ebit 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 Ebit of Shenzhen Transsion Holdings 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 Ebit i.e., Shenzhen Transsion's Ebit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Ebit

Operating Income

Operating Income is the amount of profit realized from Shenzhen Transsion 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 Shenzhen Transsion Holdings 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 Shenzhen Transsion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Transsion 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 Shenzhen Transsion Holdings. 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 1.2 B, whereas Selling General Administrative is forecasted to decline to about 3.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	10.5B	9.9B	15.2B	8.9B
Total Revenue	49.4B	46.6B	62.3B	37.9B

Gross Profit Total Revenue

Shenzhen Transsion fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding
Total Assets		-0.03	0.87	0.99	0.93	0.93	0.92	0.86	0.93	0.97	-0.63	0.84	0.93	0.98	0.99	0.9	-0.77	0.99	0.76	0.44	1.0	0.99	0.89	0.8	0.92	0.88
Other Current Liab	-0.03		-0.19	-0.01	-0.07	-0.13	-0.19	-0.16	0.14	-0.01	-0.2	0.03	-0.05	-0.04	0.0	-0.22	0.17	-0.04	0.37	-0.52	-0.03	-0.07	0.08	0.33	-0.05	-0.3
Total Current Liabilities	0.87	-0.19		0.83	0.93	0.94	0.95	1.0	0.82	0.82	-0.52	0.7	0.84	0.82	0.87	0.78	-0.76	0.88	0.66	0.38	0.87	0.83	0.76	0.68	0.92	0.89
Total Stockholder Equity	0.99	-0.01	0.83		0.94	0.94	0.93	0.83	0.92	0.99	-0.66	0.84	0.91	0.99	0.96	0.9	-0.78	0.95	0.78	0.4	0.98	0.99	0.89	0.82	0.94	0.81
Other Liab	0.93	-0.07	0.93	0.94		0.99	0.99	0.93	0.87	0.95	-0.64	0.8	0.86	0.94	0.92	0.85	-0.83	0.9	0.77	0.3	0.92	0.94	0.85	0.8	1.0	0.8
Net Tangible Assets	0.93	-0.13	0.94	0.94	0.99		0.99	0.94	0.87	0.94	-0.62	0.78	0.87	0.94	0.91	0.86	-0.82	0.9	0.75	0.37	0.92	0.93	0.84	0.78	0.99	0.82
Retained Earnings	0.92	-0.19	0.95	0.93	0.99	0.99		0.94	0.84	0.92	-0.6	0.78	0.84	0.93	0.91	0.85	-0.85	0.89	0.68	0.4	0.91	0.93	0.83	0.72	0.98	0.82
Accounts Payable	0.86	-0.16	1.0	0.83	0.93	0.94	0.94		0.82	0.81	-0.52	0.69	0.86	0.81	0.87	0.78	-0.74	0.88	0.69	0.36	0.87	0.83	0.75	0.7	0.92	0.89
Cash	0.93	0.14	0.82	0.92	0.87	0.87	0.84	0.82		0.88	-0.71	0.71	0.85	0.88	0.9	0.85	-0.66	0.92	0.81	0.42	0.93	0.88	0.87	0.79	0.86	0.76
Non Current Assets Total	0.97	-0.01	0.82	0.99	0.95	0.94	0.92	0.81	0.88		-0.63	0.87	0.9	1.0	0.96	0.91	-0.79	0.94	0.8	0.31	0.96	0.99	0.88	0.84	0.95	0.79
Non Currrent Assets Other	-0.63	-0.2	-0.52	-0.66	-0.64	-0.62	-0.6	-0.52	-0.71	-0.63		-0.19	-0.63	-0.64	-0.57	-0.63	0.23	-0.59	-0.68	-0.34	-0.62	-0.61	-0.4	-0.5	-0.67	-0.42
Other Assets	0.84	0.03	0.7	0.84	0.8	0.78	0.78	0.69	0.71	0.87	-0.19		0.71	0.86	0.87	0.71	-0.89	0.82	0.61	0.12	0.83	0.87	0.93	0.79	0.77	0.68
Net Receivables	0.93	-0.05	0.84	0.91	0.86	0.87	0.84	0.86	0.85	0.9	-0.63	0.71		0.89	0.9	0.87	-0.55	0.93	0.82	0.36	0.93	0.91	0.69	0.82	0.88	0.92
Non Current Liabilities Total	0.98	-0.04	0.82	0.99	0.94	0.94	0.93	0.81	0.88	1.0	-0.64	0.86	0.89		0.96	0.91	-0.8	0.95	0.76	0.37	0.97	1.0	0.88	0.8	0.94	0.8
Inventory	0.99	0.0	0.87	0.96	0.92	0.91	0.91	0.87	0.9	0.96	-0.57	0.87	0.9	0.96		0.87	-0.8	0.99	0.72	0.41	0.99	0.97	0.9	0.78	0.91	0.88
Other Current Assets	0.9	-0.22	0.78	0.9	0.85	0.86	0.85	0.78	0.85	0.91	-0.63	0.71	0.87	0.91	0.87		-0.67	0.89	0.74	0.38	0.9	0.91	0.78	0.73	0.85	0.82
Other Stockholder Equity	-0.77	0.17	-0.76	-0.78	-0.83	-0.82	-0.85	-0.74	-0.66	-0.79	0.23	-0.89	-0.55	-0.8	-0.8	-0.67		-0.75	-0.42	-0.26	-0.77	-0.81	-0.9	-0.57	-0.78	-0.62
Total Liab	0.99	-0.04	0.88	0.95	0.9	0.9	0.89	0.88	0.92	0.94	-0.59	0.82	0.93	0.95	0.99	0.89	-0.75		0.72	0.47	0.99	0.96	0.86	0.76	0.89	0.92
Deferred Long Term Liab	0.76	0.37	0.66	0.78	0.77	0.75	0.68	0.69	0.81	0.8	-0.68	0.61	0.82	0.76	0.72	0.74	-0.42	0.72		-0.1	0.75	0.75	0.66	0.96	0.8	0.58
Short Long Term Debt	0.44	-0.52	0.38	0.4	0.3	0.37	0.4	0.36	0.42	0.31	-0.34	0.12	0.36	0.37	0.41	0.38	-0.26	0.47	-0.1		0.46	0.38	0.25	-0.12	0.27	0.52
Total Current Assets	1.0	-0.03	0.87	0.98	0.92	0.92	0.91	0.87	0.93	0.96	-0.62	0.83	0.93	0.97	0.99	0.9	-0.77	0.99	0.75	0.46		0.98	0.88	0.78	0.91	0.89
Non Current Liabilities Other	0.99	-0.07	0.83	0.99	0.94	0.93	0.93	0.83	0.88	0.99	-0.61	0.87	0.91	1.0	0.97	0.91	-0.81	0.96	0.75	0.38	0.98		0.88	0.8	0.94	0.84
Intangible Assets	0.89	0.08	0.76	0.89	0.85	0.84	0.83	0.75	0.87	0.88	-0.4	0.93	0.69	0.88	0.9	0.78	-0.9	0.86	0.66	0.25	0.88	0.88		0.77	0.82	0.66
Common Stock	0.8	0.33	0.68	0.82	0.8	0.78	0.72	0.7	0.79	0.84	-0.5	0.79	0.82	0.8	0.78	0.73	-0.57	0.76	0.96	-0.12	0.78	0.8	0.77		0.82	0.62
Property Plant Equipment	0.92	-0.05	0.92	0.94	1.0	0.99	0.98	0.92	0.86	0.95	-0.67	0.77	0.88	0.94	0.91	0.85	-0.78	0.89	0.8	0.27	0.91	0.94	0.82	0.82		0.79
Common Stock Shares Outstanding	0.88	-0.3	0.89	0.81	0.8	0.82	0.82	0.89	0.76	0.79	-0.42	0.68	0.92	0.8	0.88	0.82	-0.62	0.92	0.58	0.52	0.89	0.84	0.66	0.62	0.79

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Shenzhen Transsion Account Relationship Matchups

Shenzhen Transsion fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.7B	26.0B	31.5B	30.8B	46.1B	24.5B
Other Current Liab	772.0M	978.2M	1.2B	22.7M	26.6M	25.2M
Total Current Liabilities	8.2B	13.5B	14.3B	11.4B	23.9B	25.1B
Total Stockholder Equity	8.3B	10.5B	14.0B	15.8B	18.1B	10.4B
Other Liab	974.1M	1.2B	2.0B	3.0B	3.4B	3.6B
Net Tangible Assets	7.6B	10.0B	13.5B	15.0B	17.3B	18.2B
Retained Earnings	2.4B	4.6B	7.6B	8.5B	10.1B	10.6B
Accounts Payable	6.8B	10.5B	11.1B	8.1B	19.1B	20.1B
Cash	7.7B	13.2B	9.9B	9.2B	12.6B	8.6B
Non Current Assets Total	2.3B	3.0B	4.6B	5.4B	6.0B	3.4B
Non Currrent Assets Other	34.7M	20.7M	18.8M	46.6M	94.2M	97.6M
Other Assets	319.5M	299.6M	464.9M	618.7M	711.5M	474.3M
Net Receivables	1.4B	1.1B	1.2B	1.3B	2.0B	1.3B
Non Current Liabilities Total	1.3B	2.0B	3.1B	3.6B	4.0B	2.2B
Inventory	3.1B	5.6B	7.6B	6.1B	10.4B	5.4B
Other Current Assets	212.4M	330.5M	223.8M	420.1M	467.2M	301.5M
Other Stockholder Equity	74.8M	100.1M	11.2M	(39.9M)	(35.9M)	(34.1M)
Total Liab	9.5B	15.5B	17.4B	15.0B	27.9B	14.0B
Deferred Long Term Liab	42.1M	41.8M	42.6M	35.1M	40.3M	35.2M
Total Current Assets	15.5B	23.0B	26.8B	25.4B	40.1B	21.1B
Non Current Liabilities Other	995.8M	1.4B	2.2B	2.5B	3.2B	1.6B
Intangible Assets	16.4M	482.8M	474.4M	470.5M	508.5M	310.7M
Property Plant Equipment	784.6M	1.0B	1.2B	2.0B	2.3B	2.5B
Net Invested Capital	8.3B	11.7B	15.1B	17.4B	20.1B	12.6B
Net Working Capital	7.3B	9.5B	12.5B	14.0B	16.2B	10.2B

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Other Information on Investing in Shenzhen Stock

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

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Shenzhen Ebit vs Operating Income Analysis

Ebit vs Operating Income

Ebit vs Operating Income Correlation Analysis

Correlation Coefficient

Ebit

Operating Income

Shenzhen Transsion fundamental ratios Correlations

Shenzhen Transsion Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Transsion fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Property Plant Equipment	+ 1.0	Other Liab
Non Current Liabilities Total	+ 1.0	Non Current Assets Total
Non Current Liabilities Other	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets

Intangible Assets	- 0.9	Other Stockholder Equity
Other Stockholder Equity	- 0.89	Other Assets
Other Stockholder Equity	- 0.85	Retained Earnings
Other Stockholder Equity	- 0.83	Other Liab
Other Stockholder Equity	- 0.82	Net Tangible Assets
Non Current Liabilities Other	- 0.81	Other Stockholder Equity