111 Gross Profit vs Net Income Analysis

YI Stock  USD 1.37  0.04  3.01%   
111 financial indicator trend analysis is way more than just evaluating 111 Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 111 Inc is a good investment. Please check the relationship between 111 Gross Profit and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 111 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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 111 Inc Gross Profit account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 111's Gross Profit and Net Income is -0.47. 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 111 Inc, assuming nothing else is changed. The correlation between historical values of 111'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 111 Inc 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., 111's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

-0.47
Relationship DirectionNegative 
Relationship StrengthVery Weak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of 111 Inc minus its cost of goods sold. It is profit before 111 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 111 Inc financial statement analysis. It represents the amount of money remaining after all of 111 Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from 111's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 111 Inc 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 111 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
As of now, 111's Tax Provision is increasing as compared to previous years. The 111's current Selling General Administrative is estimated to increase to about 423.1 M, while Issuance Of Capital Stock is projected to decrease to under 211.8 K.
 2021 2022 2023 2024 (projected)
Gross Profit621.1M840.0M849.0M428.1M
Total Revenue12.4B13.5B14.9B7.8B

111 fundamental ratios Correlations

0.820.97-0.720.430.890.93-0.06-0.930.980.730.89-0.670.590.760.880.1-0.45-0.640.870.960.490.90.96-0.860.91
0.820.87-0.870.270.670.760.29-0.960.850.470.67-0.580.290.960.740.21-0.72-0.590.810.870.360.770.86-0.780.8
0.970.87-0.820.290.860.940.13-0.951.00.560.86-0.570.390.840.830.22-0.51-0.540.81.00.530.841.0-0.830.94
-0.72-0.87-0.820.19-0.68-0.76-0.580.84-0.81-0.17-0.680.2-0.06-0.94-0.45-0.550.480.14-0.5-0.82-0.4-0.49-0.850.62-0.8
0.430.270.290.190.310.27-0.66-0.380.290.780.29-0.90.630.060.77-0.65-0.41-0.890.750.290.060.750.24-0.50.24
0.890.670.86-0.680.310.890.13-0.820.880.531.0-0.520.380.680.750.23-0.47-0.370.740.860.40.780.87-0.80.94
0.930.760.94-0.760.270.890.09-0.870.950.520.89-0.50.390.730.740.21-0.41-0.460.740.950.730.780.94-0.780.86
-0.060.290.13-0.58-0.660.130.09-0.180.11-0.660.140.42-0.740.47-0.240.61-0.340.53-0.190.160.01-0.220.180.030.25
-0.93-0.96-0.950.84-0.38-0.82-0.87-0.18-0.94-0.59-0.820.68-0.4-0.92-0.86-0.160.680.63-0.89-0.95-0.41-0.88-0.940.87-0.9
0.980.851.0-0.810.290.880.950.11-0.940.580.88-0.570.430.820.820.2-0.48-0.540.80.990.550.841.0-0.830.94
0.730.470.56-0.170.780.530.52-0.66-0.590.580.52-0.820.940.310.79-0.3-0.23-0.850.80.530.150.80.52-0.690.48
0.890.670.86-0.680.291.00.890.14-0.820.880.52-0.50.370.680.730.23-0.45-0.360.740.860.410.770.87-0.790.94
-0.67-0.58-0.570.2-0.9-0.52-0.50.420.68-0.57-0.82-0.5-0.64-0.39-0.920.380.580.9-0.92-0.57-0.13-0.91-0.530.77-0.52
0.590.290.39-0.060.630.380.39-0.74-0.40.430.940.37-0.640.160.57-0.340.08-0.70.60.350.130.590.36-0.480.28
0.760.960.84-0.940.060.680.730.47-0.920.820.310.68-0.390.160.610.33-0.65-0.390.680.840.310.640.84-0.670.81
0.880.740.83-0.450.770.750.74-0.24-0.860.820.790.73-0.920.570.61-0.22-0.63-0.860.970.820.31.00.79-0.850.78
0.10.210.22-0.55-0.650.230.210.61-0.160.2-0.30.230.38-0.340.33-0.22-0.180.5-0.190.210.07-0.20.26-0.270.3
-0.45-0.72-0.510.48-0.41-0.47-0.41-0.340.68-0.48-0.23-0.450.580.08-0.65-0.63-0.180.49-0.68-0.54-0.04-0.63-0.50.7-0.58
-0.64-0.59-0.540.14-0.89-0.37-0.460.530.63-0.54-0.85-0.360.9-0.7-0.39-0.860.50.49-0.86-0.54-0.2-0.85-0.490.62-0.41
0.870.810.8-0.50.750.740.74-0.19-0.890.80.80.74-0.920.60.680.97-0.19-0.68-0.860.80.280.990.77-0.870.76
0.960.871.0-0.820.290.860.950.16-0.950.990.530.86-0.570.350.840.820.21-0.54-0.540.80.560.841.0-0.830.94
0.490.360.53-0.40.060.40.730.01-0.410.550.150.41-0.130.130.310.30.07-0.04-0.20.280.560.340.53-0.30.33
0.90.770.84-0.490.750.780.78-0.22-0.880.840.80.77-0.910.590.641.0-0.2-0.63-0.850.990.840.340.81-0.860.8
0.960.861.0-0.850.240.870.940.18-0.941.00.520.87-0.530.360.840.790.26-0.5-0.490.771.00.530.81-0.820.95
-0.86-0.78-0.830.62-0.5-0.8-0.780.030.87-0.83-0.69-0.790.77-0.48-0.67-0.85-0.270.70.62-0.87-0.83-0.3-0.86-0.82-0.83
0.910.80.94-0.80.240.940.860.25-0.90.940.480.94-0.520.280.810.780.3-0.58-0.410.760.940.330.80.95-0.83
Click cells to compare fundamentals

111 Account Relationship Matchups

111 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B3.0B3.1B3.5B3.1B2.4B
Short Long Term Debt Total152.1M291.6M425.3M279.5M443.2M465.4M
Other Current Liab159.2M196.1M273.5M457.7M622.3M653.4M
Total Current Liabilities745.6M1.6B2.1B2.7B2.7B1.5B
Total Stockholder Equity776.7M357.4M(173.3M)(414.6M)(583.5M)(554.3M)
Other Liab8.1M5.9M3.7M1.5M1.8M1.7M
Net Tangible Assets1.2B768.6M350.9M(178.2M)(205.0M)(194.7M)
Property Plant And Equipment Net117.7M142.1M314.1M212.4M138.1M135.6M
Current Deferred Revenue74.8M131.0M202.6M323.6M153.5M129.0M
Net Debt(461.7M)(898.0M)(236.1M)(394.2M)(160.3M)(168.3M)
Retained Earnings(1.9B)(2.3B)(3.0B)(3.4B)(3.8B)(3.6B)
Accounts Payable416.5M1.1B1.4B1.8B1.6B918.0M
Cash613.7M1.2B661.4M673.7M603.5M706.3M
Non Current Assets Total128.9M153.8M344.1M238.0M155.7M155.9M
Non Currrent Assets Other3.0M5.1M22.1M20.3M13.3M14.1M
Other Assets3.4M3.0M5.1M22.1M25.4M26.7M
Cash And Short Term Investments613.7M1.5B843.9M879.5M653.7M919.7M
Net Receivables88.8M175.7M495.2M532.2M776.5M815.3M
Common Stock Shares Outstanding81.8M82.4M82.9M83.4M84.3M86.4M
Short Term Investments0.0300.2M182.6M205.9M50.1M47.6M
Liabilities And Stockholders Equity1.6B3.0B3.1B3.5B3.1B2.4B
Non Current Liabilities Total90.7M66.1M167.2M100.5M67.9M93.8M
Capital Lease Obligations88.1M62.4M165.6M100.5M105.2M71.7M
Inventory486.3M766.5M1.1B1.5B1.4B795.0M
Other Current Assets7.0M4.1M6.0M282.1M9.4M8.9M
Other Stockholder Equity2.6B2.6B2.8B2.9B3.2B2.3B
Total Liab836.4M1.7B2.3B2.8B2.8B1.6B
Property Plant And Equipment Gross117.7M142.1M314.1M212.4M273.8M151.5M
Short Long Term Debt95.1M229.3M259.7M179.0M338.1M355.0M
Total Current Assets1.5B2.9B2.8B3.2B2.9B2.3B
Accumulated Other Comprehensive Income76.4M62.9M59.4M75.6M72.5M72.4M
Non Current Liabilities Other5.9M3.7M1.5M5.2M6.0M6.3M
Short Term Debt95.1M229.3M259.7M179.0M380.6M399.6M
Intangible Assets8.0M920K4.9M3.3M2.3M3.4M
Property Plant Equipment20.3M117.7M142.1M314.1M361.2M379.3M
Net Invested Capital871.7M586.7M86.3M(235.6M)(245.4M)(233.1M)

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When determining whether 111 Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 111's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 111 Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 111 Inc Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 111 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running 111's price analysis, check to measure 111's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 111 is operating at the current time. Most of 111's value examination focuses on studying past and present price action to predict the probability of 111's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 111's price. Additionally, you may evaluate how the addition of 111 to your portfolios can decrease your overall portfolio volatility.
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Is 111'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 111. If investors know 111 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 111 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Revenue Per Share
177.311
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.07)
Return On Equity
(0.79)
The market value of 111 Inc is measured differently than its book value, which is the value of 111 that is recorded on the company's balance sheet. Investors also form their own opinion of 111's value that differs from its market value or its book value, called intrinsic value, which is 111'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 111's market value can be influenced by many factors that don't directly affect 111'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 111's value and its price as these two are different measures arrived at by different means. Investors typically determine if 111 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 111'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.