CITIC Ebit vs Total Revenue Analysis

000839 Stock   3.59  0.01  0.28%   
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 Ebit and its Total Revenue 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.

Ebit vs Total Revenue

Ebit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CITIC Guoan Information Ebit account and Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between CITIC Guoan's Ebit and Total Revenue is 0.06. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Revenue 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 Ebit and Total Revenue 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 CITIC Guoan Information are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit i.e., CITIC Guoan's Ebit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ebit

Total Revenue

Total revenue comprises all receipts CITIC Guoan Information generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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
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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)

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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.