CITIC Cost Of Revenue vs Selling General Administrative Analysis

000839 Stock   3.64  0.04  1.09%   
CITIC Guoan financial indicator trend analysis is way more than just evaluating CITIC Guoan Information prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CITIC Guoan Information is a good investment. Please check the relationship between CITIC Guoan Cost Of Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CITIC Guoan Information. 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.

Cost Of Revenue vs Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CITIC Guoan Information Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between CITIC Guoan's Cost Of Revenue and Selling General Administrative is 0.46. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of CITIC Guoan Information, assuming nothing else is changed. The correlation between historical values of CITIC Guoan's Cost Of Revenue and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of CITIC Guoan Information are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., CITIC Guoan's Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on CITIC Guoan Information income statement and represents the costs associated with goods and services CITIC Guoan provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Selling General Administrative

Most indicators from CITIC Guoan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CITIC Guoan Information 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 CITIC Guoan Information. 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 74.2 M, whereas Selling General Administrative is forecasted to decline to about 65.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit360.8M332.3M515.3M374.5M
Research Development85.0M84.0M93.8M99.7M

CITIC Guoan fundamental ratios Correlations

0.080.740.86-0.160.650.770.310.460.590.53-0.030.610.230.840.610.330.290.550.390.660.180.490.090.40.62
0.080.550.02-0.25-0.150.16-0.34-0.02-0.39-0.25-0.420.68-0.020.350.510.37-0.28-0.14-0.240.20.52-0.02-0.22-0.14-0.14
0.740.550.48-0.030.160.74-0.040.470.040.29-0.50.92-0.050.920.650.71-0.10.09-0.10.640.670.39-0.30.380.17
0.860.020.48-0.50.920.60.470.290.670.420.230.390.330.550.6-0.10.380.850.730.47-0.120.450.390.160.87
-0.16-0.25-0.03-0.5-0.61-0.15-0.260.27-0.120.17-0.07-0.050.080.11-0.360.430.18-0.7-0.69-0.070.27-0.31-0.550.05-0.64
0.65-0.150.160.92-0.610.380.610.220.680.340.430.030.40.240.39-0.440.490.970.920.31-0.440.460.620.110.96
0.770.160.740.6-0.150.38-0.020.430.330.18-0.420.69-0.080.770.570.52-0.040.330.10.80.480.33-0.240.340.44
0.31-0.34-0.040.47-0.260.61-0.020.310.590.70.55-0.30.290.05-0.32-0.50.450.560.68-0.1-0.650.70.760.480.5
0.46-0.020.470.290.270.220.430.310.050.420.120.250.380.510.120.150.540.150.10.430.050.20.070.180.21
0.59-0.390.040.67-0.120.680.330.590.050.550.39-0.040.290.310.02-0.180.420.570.560.28-0.320.460.360.330.6
0.53-0.250.290.420.170.340.180.70.420.550.450.050.370.44-0.17-0.020.430.190.26-0.02-0.270.470.380.450.17
-0.03-0.42-0.50.23-0.070.43-0.420.550.120.390.45-0.590.63-0.35-0.34-0.770.680.360.53-0.46-0.83-0.130.68-0.330.26
0.610.680.920.39-0.050.030.69-0.30.25-0.040.05-0.59-0.070.830.760.75-0.210.0-0.210.610.790.17-0.410.140.07
0.23-0.02-0.050.330.080.4-0.080.290.380.290.370.63-0.070.130.1-0.380.920.380.43-0.09-0.39-0.020.44-0.230.33
0.840.350.920.550.110.240.770.050.510.310.44-0.350.830.130.560.70.120.14-0.050.680.60.45-0.290.470.23
0.610.510.650.6-0.360.390.57-0.320.120.02-0.17-0.340.760.10.560.35-0.010.410.190.60.470.02-0.15-0.140.48
0.330.370.71-0.10.43-0.440.52-0.50.15-0.18-0.02-0.770.75-0.380.70.35-0.42-0.5-0.680.460.930.06-0.810.35-0.39
0.29-0.28-0.10.380.180.49-0.040.450.540.420.430.68-0.210.920.12-0.01-0.420.440.49-0.02-0.480.070.44-0.10.41
0.55-0.140.090.85-0.70.970.330.560.150.570.190.360.00.380.140.41-0.50.440.960.29-0.460.460.670.090.98
0.39-0.24-0.10.73-0.690.920.10.680.10.560.260.53-0.210.43-0.050.19-0.680.490.960.07-0.660.430.840.050.9
0.660.20.640.47-0.070.310.8-0.10.430.28-0.02-0.460.61-0.090.680.60.46-0.020.290.070.450.26-0.230.240.44
0.180.520.67-0.120.27-0.440.48-0.650.05-0.32-0.27-0.830.79-0.390.60.470.93-0.48-0.46-0.660.45-0.05-0.840.14-0.35
0.49-0.020.390.45-0.310.460.330.70.20.460.47-0.130.17-0.020.450.020.060.070.460.430.26-0.050.340.880.47
0.09-0.22-0.30.39-0.550.62-0.240.760.070.360.380.68-0.410.44-0.29-0.15-0.810.440.670.84-0.23-0.840.340.00.57
0.4-0.140.380.160.050.110.340.480.180.330.45-0.330.14-0.230.47-0.140.35-0.10.090.050.240.140.880.00.13
0.62-0.140.170.87-0.640.960.440.50.210.60.170.260.070.330.230.48-0.390.410.980.90.44-0.350.470.570.13
Click cells to compare fundamentals

CITIC Guoan Account Relationship Matchups

CITIC Guoan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.1B13.3B10.0B5.9B6.2B11.1B
Other Current Liab1.1B2.6B2.1B1.7B74.3M70.6M
Total Current Liabilities6.8B7.2B6.2B4.3B3.8B4.1B
Total Stockholder Equity8.9B5.9B3.8B1.0B1.3B1.2B
Other Liab257.8M152.1M262.2M766.6M881.6M925.7M
Retained Earnings2.8B203.2M(1.2B)(2.6B)(3.4B)(3.2B)
Accounts Payable1.8B473.7M1.4B401.3M561.0M739.8M
Cash443.0M750.4M655.5M357.5M317.2M301.3M
Other Assets405.8M292.2M422.9M274.8M316.0M345.1M
Long Term Debt1.2B492.1M368.3M429.3M665.7M632.4M
Net Receivables901.6M851.0M923.8M649.8M801.1M939.3M
Inventory2.2B2.5B2.1B1.2B1.3B1.1B
Other Current Assets320.5M281.6M328.3M98.6M71.5M67.9M
Total Liab8.3B7.8B7.0B5.6B5.6B5.8B
Intangible Assets962.0M685.8M192.5M7.0M6.7M6.4M
Property Plant Equipment1.1B250.1M309.3M248.4M223.6M212.4M
Net Tangible Assets7.9B5.2B3.6B1.0B927.6M881.2M
Other Stockholder Equity22.4M(260.5M)(837.5M)(1.9B)(1.7B)(1.6B)
Deferred Long Term Liab84.8M63.6M43.3M48.2M43.3M53.3M
Short Long Term Debt1.4B1.9B1.5B918.6M755.3M717.5M
Total Current Assets3.9B4.8B4.3B2.5B2.8B3.3B
Non Current Assets Total13.2B8.5B5.7B3.4B3.4B3.3B
Non Currrent Assets Other135.0M132.1M132.9M2.6M6.5M6.2M
Non Current Liabilities Total1.5B691.7M752.5M1.3B1.9B1.3B
Non Current Liabilities Other997.8M44.6M180.3M650.6M644.6M567.5M
Net Debt2.0B1.7B1.2B990.4M1.1B1.5B
Net Invested Capital11.3B8.3B5.6B2.4B2.7B2.6B
Net Working Capital(2.9B)(2.3B)(1.9B)(1.8B)(1.0B)(1.1B)

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in CITIC Stock

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