China Gross Profit vs Net Income Analysis
CYD Stock | USD 8.28 0.03 0.36% |
China Yuchai financial indicator trend analysis is way more than just evaluating China Yuchai Interna prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Yuchai Interna is a good investment. Please check the relationship between China Yuchai Gross Profit and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
Gross Profit vs Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Yuchai Interna Gross Profit account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Yuchai's Gross Profit and Net Income is 0.75. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of China Yuchai International, assuming nothing else is changed. The correlation between historical values of China Yuchai's Gross Profit and Net 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 Gross Profit of China Yuchai International are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., China Yuchai's Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of China Yuchai International minus its cost of goods sold. It is profit before China Yuchai operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in China Yuchai Interna financial statement analysis. It represents the amount of money remaining after all of China Yuchai International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from China Yuchai's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Yuchai Interna 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 Yuchai International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. At present, China Yuchai's Enterprise Value Multiple is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.2 B, whereas Selling General Administrative is forecasted to decline to about 1.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.0B | 2.6B | 3.0B | 2.6B | Total Revenue | 21.3B | 16.0B | 18.4B | 11.2B |
China Yuchai fundamental ratios Correlations
Click cells to compare fundamentals
China Yuchai Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Yuchai fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 23.9B | 26.3B | 25.1B | 24.9B | 28.6B | 30.1B | |
Short Long Term Debt Total | 2.1B | 2.3B | 2.2B | 2.4B | 2.8B | 1.6B | |
Other Current Liab | 3.0B | 3.0B | 2.6B | (2.8B) | (3.2B) | (3.0B) | |
Total Current Liabilities | 11.2B | 13.1B | 12.6B | 6.9B | 8.0B | 6.2B | |
Total Stockholder Equity | 8.8B | 9.0B | 8.9B | 9.0B | 10.4B | 5.3B | |
Property Plant And Equipment Net | 4.6B | 4.6B | 4.5B | 27K | 31.1K | 29.5K | |
Net Debt | (3.6B) | (3.6B) | (2.5B) | 2.4B | 2.2B | 2.3B | |
Retained Earnings | 6.5B | 6.8B | 6.6B | 6.7B | 7.7B | 8.0B | |
Accounts Payable | 5.7B | 7.5B | 7.4B | 6.9B | 8.0B | 8.4B | |
Cash | 5.8B | 5.9B | 4.8B | 16K | 18.4K | 17.5K | |
Non Current Assets Total | 6.5B | 7.0B | 7.1B | 47K | 54.1K | 51.3K | |
Non Currrent Assets Other | 143.0M | 133.5M | 152.6M | (175.0M) | (157.5M) | (149.6M) | |
Cash And Short Term Investments | 6.1B | 6.1B | 5.1B | 16K | 18.4K | 17.5K | |
Net Receivables | 8.1B | 8.4B | 7.5B | 7.2B | 8.3B | 4.6B | |
Liabilities And Stockholders Equity | 23.9B | 26.3B | 25.1B | 24.9B | 28.6B | 30.1B | |
Inventory | 2.8B | 4.5B | 5.2B | 4.9B | 5.7B | 6.0B | |
Other Current Assets | 321.1M | 255.8M | 164.2M | (7.2B) | (6.5B) | (6.2B) | |
Other Stockholder Equity | (105.4M) | (161.4M) | (140.8M) | (65.0M) | (58.5M) | (55.6M) | |
Total Liab | 12.3B | 14.5B | 13.5B | 13.8B | 15.9B | 16.7B | |
Property Plant And Equipment Gross | 4.6B | 4.6B | 9.9B | 10.1B | 11.7B | 12.2B | |
Total Current Assets | 17.4B | 19.3B | 18.0B | 4.9B | 5.7B | 9.1B | |
Accumulated Other Comprehensive Income | 335.0M | 337.9M | 339.9M | 331.5M | 381.3M | 400.3M | |
Short Term Debt | 2.1B | 1.8B | 2.1B | 2.2B | 2.5B | 1.3B | |
Intangible Assets | 741.5M | 1.3B | 1.5B | 12K | 13.8K | 13.1K | |
Non Current Liabilities Total | 1.1B | 1.4B | 848.5M | 6.9B | 8.0B | 8.4B | |
Current Deferred Revenue | 383.2M | 868.5M | 573.6M | 618.0M | 710.7M | 746.2M | |
Other Assets | 1.1B | 1.6B | 1.5B | 20.0B | 23.0B | 24.1B | |
Long Term Debt | 0.0 | 500M | 100M | 200M | 230M | 241.5M | |
Short Term Investments | 365.8M | 265.0M | 357.9M | 351.6M | 404.3M | 265.7M | |
Property Plant Equipment | 3.8B | 4.6B | 4.6B | 4.5B | 5.2B | 5.5B | |
Other Liab | 936.0M | 1.0B | 889.4M | 735.1M | 845.4M | 443.4M | |
Net Tangible Assets | 8.2B | 8.4B | 8.6B | 8.1B | 9.3B | 7.7B | |
Deferred Long Term Liab | 195.9M | 699.0M | 1.2B | 1.1B | 1.3B | 1.4B | |
Long Term Investments | 325.9M | 369.5M | 263.6M | 175.0M | 157.5M | 216.5M | |
Short Long Term Debt | 2.1B | 1.7B | 2.1B | 2.1B | 2.5B | 1.8B | |
Long Term Debt Total | 15.1M | 31.4M | 517.0M | 113.4M | 130.4M | 113.1M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Yuchai in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Yuchai's short interest history, or implied volatility extrapolated from China Yuchai options trading.
Pair Trading with China Yuchai
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Yuchai position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Yuchai will appreciate offsetting losses from the drop in the long position's value.Moving against China Stock
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The ability to find closely correlated positions to China Yuchai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Yuchai when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Yuchai - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Yuchai International to buy it.
The correlation of China Yuchai is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Yuchai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Yuchai Interna moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Yuchai can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Yuchai International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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Is China Yuchai's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Yuchai. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Yuchai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 0.97 | Revenue Per Share 441.681 | Quarterly Revenue Growth 0.189 | Return On Assets 0.01 |
The market value of China Yuchai Interna is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Yuchai's value that differs from its market value or its book value, called intrinsic value, which is China Yuchai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Yuchai's market value can be influenced by many factors that don't directly affect China Yuchai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Yuchai's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Yuchai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Yuchai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.