Shanghai Net Income vs Other Operating Expenses Analysis

900934 Stock

1.52 0.01 0.65%

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

Net Income vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Jin Jiang Net Income account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Shanghai Jin's Net Income and Other Operating Expenses is 0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Shanghai Jin Jiang, assuming nothing else is changed. The correlation between historical values of Shanghai Jin's Net Income and Other Operating Expenses 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 Jin Jiang are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Net Income i.e., Shanghai Jin's Net Income and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.59

Relationship Direction	Positive
Relationship Strength	Weak

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Net Income

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

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Shanghai Jin Jiang. It is also known as Shanghai Jin overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Shanghai Jin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Jin Jiang 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 Jin Jiang. 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 22, 2024, Selling General Administrative is expected to decline to about 1.9 B. In addition to that, Tax Provision is expected to decline to about 343.3 M

	2021	2022	2023	2024 (projected)
Gross Profit	3.9B	3.6B	6.2B	6.2B
Total Revenue	11.3B	11.0B	14.6B	13.0B

Gross Profit Total Revenue

Shanghai Jin fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total
Total Assets		0.33	0.8	0.98	0.52	-0.63	0.62	0.66	0.85	-0.73	0.27	0.94	0.94	0.75	0.8	-0.87	1.0	0.33	-0.74	0.41	0.94	0.25	0.92	0.95	0.69	0.22
Other Current Liab	0.33		0.01	0.35	0.78	-0.7	0.53	0.52	0.13	-0.37	0.55	0.33	0.52	0.59	0.68	-0.42	0.29	0.61	-0.31	0.25	0.25	0.2	0.55	0.14	-0.11	-0.51
Total Current Liabilities	0.8	0.01		0.8	0.08	-0.18	0.22	0.22	0.54	-0.34	-0.22	0.68	0.59	0.37	0.43	-0.59	0.82	-0.01	-0.51	0.47	0.64	0.33	0.56	0.82	0.84	0.65
Total Stockholder Equity	0.98	0.35	0.8		0.43	-0.56	0.67	0.59	0.76	-0.8	0.15	0.92	0.91	0.73	0.83	-0.93	0.96	0.2	-0.83	0.28	0.9	0.1	0.88	0.96	0.75	0.26
Other Liab	0.52	0.78	0.08	0.43		-0.95	0.58	0.87	0.55	-0.35	0.9	0.5	0.72	0.8	0.63	-0.45	0.51	0.93	-0.26	0.54	0.56	0.52	0.77	0.31	-0.17	-0.59
Net Tangible Assets	-0.63	-0.7	-0.18	-0.56	-0.95		-0.75	-0.95	-0.65	0.52	-0.86	-0.56	-0.84	-0.87	-0.75	0.63	-0.62	-0.84	0.48	-0.49	-0.68	-0.41	-0.88	-0.48	0.07	0.59
Retained Earnings	0.62	0.53	0.22	0.67	0.58	-0.75		0.74	0.46	-0.82	0.44	0.52	0.81	0.86	0.85	-0.87	0.56	0.34	-0.83	0.02	0.59	-0.14	0.8	0.6	0.16	-0.39
Accounts Payable	0.66	0.52	0.22	0.59	0.87	-0.95	0.74		0.76	-0.56	0.83	0.59	0.84	0.83	0.67	-0.64	0.66	0.75	-0.53	0.41	0.76	0.36	0.86	0.58	0.04	-0.53
Cash	0.85	0.13	0.54	0.76	0.55	-0.65	0.46	0.76		-0.6	0.52	0.85	0.82	0.6	0.56	-0.65	0.87	0.43	-0.51	0.4	0.97	0.3	0.81	0.82	0.48	0.0
Other Assets	-0.73	-0.37	-0.34	-0.8	-0.35	0.52	-0.82	-0.56	-0.6		-0.21	-0.71	-0.78	-0.67	-0.86	0.92	-0.68	-0.04	0.92	0.23	-0.75	0.41	-0.74	-0.77	-0.52	0.08
Long Term Debt	0.27	0.55	-0.22	0.15	0.9	-0.86	0.44	0.83	0.52	-0.21		0.29	0.51	0.6	0.39	-0.22	0.28	0.9	-0.06	0.42	0.44	0.45	0.57	0.1	-0.42	-0.77
Net Receivables	0.94	0.33	0.68	0.92	0.5	-0.56	0.52	0.59	0.85	-0.71	0.29		0.85	0.64	0.74	-0.79	0.93	0.29	-0.62	0.31	0.93	0.19	0.84	0.87	0.67	0.21
Good Will	0.94	0.52	0.59	0.91	0.72	-0.84	0.81	0.84	0.82	-0.78	0.51	0.85		0.9	0.9	-0.91	0.92	0.52	-0.78	0.4	0.91	0.24	1.0	0.86	0.43	-0.12
Inventory	0.75	0.59	0.37	0.73	0.8	-0.87	0.86	0.83	0.6	-0.67	0.6	0.64	0.9		0.85	-0.8	0.72	0.66	-0.67	0.34	0.7	0.23	0.92	0.63	0.15	-0.3
Other Current Assets	0.8	0.68	0.43	0.83	0.63	-0.75	0.85	0.67	0.56	-0.86	0.39	0.74	0.9	0.85		-0.92	0.75	0.38	-0.84	0.13	0.73	-0.05	0.89	0.71	0.37	-0.18
Other Stockholder Equity	-0.87	-0.42	-0.59	-0.93	-0.45	0.63	-0.87	-0.64	-0.65	0.92	-0.22	-0.79	-0.91	-0.8	-0.92		-0.83	-0.17	0.95	-0.09	-0.81	0.12	-0.88	-0.88	-0.57	-0.01
Total Liab	1.0	0.29	0.82	0.96	0.51	-0.62	0.56	0.66	0.87	-0.68	0.28	0.93	0.92	0.72	0.75	-0.83		0.35	-0.69	0.46	0.95	0.3	0.9	0.94	0.69	0.24
Deferred Long Term Liab	0.33	0.61	-0.01	0.2	0.93	-0.84	0.34	0.75	0.43	-0.04	0.9	0.29	0.52	0.66	0.38	-0.17	0.35		0.03	0.67	0.38	0.71	0.6	0.09	-0.37	-0.58
Long Term Investments	-0.74	-0.31	-0.51	-0.83	-0.26	0.48	-0.83	-0.53	-0.51	0.92	-0.06	-0.62	-0.78	-0.67	-0.84	0.95	-0.69	0.03		0.15	-0.69	0.35	-0.72	-0.82	-0.6	-0.02
Short Long Term Debt	0.41	0.25	0.47	0.28	0.54	-0.49	0.02	0.41	0.4	0.23	0.42	0.31	0.4	0.34	0.13	-0.09	0.46	0.67	0.15		0.34	0.95	0.45	0.23	-0.02	0.01
Total Current Assets	0.94	0.25	0.64	0.9	0.56	-0.68	0.59	0.76	0.97	-0.75	0.44	0.93	0.91	0.7	0.73	-0.81	0.95	0.38	-0.69	0.34		0.21	0.9	0.92	0.59	0.06
Short Term Debt	0.25	0.2	0.33	0.1	0.52	-0.41	-0.14	0.36	0.3	0.41	0.45	0.19	0.24	0.23	-0.05	0.12	0.3	0.71	0.35	0.95	0.21		0.3	0.06	-0.14	-0.04
Intangible Assets	0.92	0.55	0.56	0.88	0.77	-0.88	0.8	0.86	0.81	-0.74	0.57	0.84	1.0	0.92	0.89	-0.88	0.9	0.6	-0.72	0.45	0.9	0.3		0.81	0.37	-0.17
Common Stock	0.95	0.14	0.82	0.96	0.31	-0.48	0.6	0.58	0.82	-0.77	0.1	0.87	0.86	0.63	0.71	-0.88	0.94	0.09	-0.82	0.23	0.92	0.06	0.81		0.8	0.3
Property Plant Equipment	0.69	-0.11	0.84	0.75	-0.17	0.07	0.16	0.04	0.48	-0.52	-0.42	0.67	0.43	0.15	0.37	-0.57	0.69	-0.37	-0.6	-0.02	0.59	-0.14	0.37	0.8		0.72
Non Current Assets Total	0.22	-0.51	0.65	0.26	-0.59	0.59	-0.39	-0.53	0.0	0.08	-0.77	0.21	-0.12	-0.3	-0.18	-0.01	0.24	-0.58	-0.02	0.01	0.06	-0.04	-0.17	0.3	0.72

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Shanghai Jin Account Relationship Matchups

Shanghai Jin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	38.9B	38.6B	48.3B	47.4B	50.6B	46.3B
Other Current Liab	3.1B	3.2B	2.8B	2.9B	4.9M	4.7M
Total Current Liabilities	7.6B	7.8B	12.3B	11.8B	12.7B	10.6B
Total Stockholder Equity	13.3B	12.7B	16.6B	16.6B	16.7B	15.0B
Other Liab	2.6B	2.4B	2.1B	2.1B	1.9B	1.9B
Net Tangible Assets	(5.4B)	(6.0B)	(971.0M)	(1.4B)	(1.6B)	(1.7B)
Retained Earnings	4.4B	3.9B	3.0B	3.0B	3.1B	3.4B
Accounts Payable	1.6B	1.4B	758.8M	870.8M	1.4B	1.0B
Cash	5.9B	6.8B	6.4B	6.9B	10.3B	8.1B
Other Assets	3.0B	3.0B	3.0B	3.0B	2.7B	3.2B
Long Term Debt	14.4B	14.5B	8.0B	8.1B	9.9B	10.2B
Net Receivables	1.2B	1.1B	1.5B	1.9B	1.7B	1.5B
Good Will	11.4B	11.5B	11.0B	11.1B	11.8B	11.6B
Inventory	93.6M	72.8M	76.8M	67.8M	66.5M	81.4M
Other Current Assets	724.7M	812.8M	775.1M	869.5M	421.1M	665.2M
Other Stockholder Equity	24.6M	(10.3M)	(8.4M)	(31.3M)	(28.1M)	(26.7M)
Total Liab	24.5B	24.9B	30.9B	30.3B	33.2B	30.3B
Deferred Long Term Liab	2.3B	2.0B	1.6B	1.5B	1.3B	1.7B
Short Long Term Debt	18.6M	1.0B	869.0M	148.8M	360.7M	673.4M
Total Current Assets	8.5B	9.4B	9.9B	10.5B	13.6B	10.9B
Intangible Assets	7.3B	7.2B	6.7B	6.9B	7.0B	7.3B
Property Plant Equipment	6.9B	6.3B	13.9B	13.5B	15.5B	9.6B
Non Current Assets Total	30.4B	29.2B	38.7B	37.0B	37.0B	36.9B
Non Currrent Assets Other	101.4M	122.0M	3.2B	1.5B	365.2M	346.9M
Non Current Liabilities Total	16.9B	17.1B	18.7B	18.5B	20.6B	20.6B
Non Current Liabilities Other	202.1M	228.4M	213.5M	208.1M	421.4M	265.8M
Net Debt	8.2B	8.8B	2.4B	1.3B	1.2B	1.1B
Net Invested Capital	27.4B	28.3B	25.5B	24.8B	26.9B	22.2B
Net Working Capital	882.3M	1.6B	(2.7B)	(1.3B)	879.0M	755.2M
Short Term Investments	251.6M	254.2M	244.1M	241.9M	263.0M	202.3M

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

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Shanghai Net Income vs Other Operating Expenses Analysis

Net Income vs Other Operating Expenses

Net Income vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Net Income

Other Operating Expenses

Shanghai Jin fundamental ratios Correlations

Shanghai Jin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shanghai Jin fundamental ratios Accounts

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Other Information on Investing in Shanghai Stock

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Total Liab	+ 1.0	Total Assets
Intangible Assets	+ 1.0	Good Will
Total Stockholder Equity	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Cash
Total Liab	+ 0.96	Total Stockholder Equity
Common Stock	+ 0.96	Total Stockholder Equity

Accounts Payable	- 0.95	Net Tangible Assets
Net Tangible Assets	- 0.95	Other Liab
Other Stockholder Equity	- 0.93	Total Stockholder Equity
Other Stockholder Equity	- 0.92	Other Current Assets
Other Stockholder Equity	- 0.91	Good Will
Common Stock	- 0.88	Other Stockholder Equity