XinJiang Cost Of Revenue vs Ebit Analysis

002205 Stock   10.50  0.96  8.38%   
XinJiang GuoTong financial indicator trend analysis is more than just analyzing XinJiang GuoTong Pipeline current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether XinJiang GuoTong Pipeline is a good investment. Please check the relationship between XinJiang GuoTong Cost Of Revenue and its Ebit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in XinJiang GuoTong Pipeline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Ebit

Cost Of Revenue vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of XinJiang GuoTong Pipeline Cost Of Revenue account and Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between XinJiang GuoTong's Cost Of Revenue and Ebit is 0.67. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of XinJiang GuoTong Pipeline, assuming nothing else is changed. The correlation between historical values of XinJiang GuoTong's Cost Of Revenue and Ebit 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 XinJiang GuoTong Pipeline are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Cost Of Revenue i.e., XinJiang GuoTong's Cost Of Revenue and Ebit go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on XinJiang GuoTong Pipeline income statement and represents the costs associated with goods and services XinJiang GuoTong 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.

Ebit

Most indicators from XinJiang GuoTong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into XinJiang GuoTong Pipeline 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 XinJiang GuoTong Pipeline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of December 23, 2024, Selling General Administrative is expected to decline to about 74.6 M. In addition to that, Tax Provision is expected to decline to about 994.4 K
 2021 2022 2023 2024 (projected)
Gross Profit216.8M119.1M67.2M63.8M
Research Development19.7M17.0M20.3M16.5M

XinJiang GuoTong fundamental ratios Correlations

0.510.970.33-0.090.91-0.190.830.56-0.070.080.870.810.860.710.760.75-0.720.60.57-0.150.270.880.750.860.83
0.510.550.330.390.440.210.260.030.130.320.290.160.270.410.140.12-0.050.550.260.00.150.330.20.230.13
0.970.550.23-0.110.95-0.240.830.51-0.170.030.870.80.80.630.730.76-0.720.590.7-0.080.370.870.740.820.79
0.330.330.230.620.240.6-0.020.730.750.480.090.120.220.67-0.04-0.020.180.170.170.010.22-0.03-0.1-0.08-0.1
-0.090.39-0.110.62-0.10.41-0.540.260.550.53-0.47-0.44-0.270.25-0.62-0.560.68-0.06-0.020.350.01-0.45-0.47-0.52-0.57
0.910.440.950.24-0.1-0.170.740.58-0.070.050.810.80.790.60.660.71-0.70.450.740.110.360.790.730.750.75
-0.190.21-0.240.60.41-0.17-0.410.20.660.48-0.3-0.32-0.250.22-0.35-0.360.43-0.29-0.230.33-0.08-0.44-0.48-0.45-0.41
0.830.260.83-0.02-0.540.74-0.410.25-0.33-0.170.990.90.730.440.970.93-0.860.660.55-0.470.340.970.820.950.92
0.560.030.510.730.260.580.20.250.410.110.370.480.540.620.220.3-0.280.040.510.160.30.250.260.240.27
-0.070.13-0.170.750.55-0.070.66-0.330.410.39-0.22-0.19-0.070.41-0.26-0.310.35-0.17-0.250.07-0.14-0.33-0.31-0.34-0.34
0.080.320.030.480.530.050.48-0.170.110.39-0.14-0.27-0.190.22-0.22-0.130.44-0.03-0.050.280.16-0.15-0.39-0.17-0.1
0.870.290.870.09-0.470.81-0.30.990.37-0.22-0.140.920.760.530.960.93-0.860.630.59-0.390.340.960.810.940.91
0.810.160.80.12-0.440.8-0.320.90.48-0.19-0.270.920.850.40.880.82-0.910.50.62-0.30.180.90.920.860.81
0.860.270.80.22-0.270.79-0.250.730.54-0.07-0.190.760.850.50.730.62-0.830.480.37-0.160.020.790.90.810.77
0.710.410.630.670.250.60.220.440.620.410.220.530.40.50.420.46-0.230.450.28-0.20.340.470.250.440.44
0.760.140.73-0.04-0.620.66-0.350.970.22-0.26-0.220.960.880.730.420.9-0.880.570.38-0.490.180.940.810.950.93
0.750.120.76-0.02-0.560.71-0.360.930.3-0.31-0.130.930.820.620.460.9-0.80.490.57-0.340.430.880.690.860.88
-0.72-0.05-0.720.180.68-0.70.43-0.86-0.280.350.44-0.86-0.91-0.83-0.23-0.88-0.8-0.34-0.420.230.0-0.87-0.92-0.89-0.87
0.60.550.590.17-0.060.45-0.290.660.04-0.17-0.030.630.50.480.450.570.49-0.340.37-0.580.480.640.530.580.49
0.570.260.70.17-0.020.74-0.230.550.51-0.25-0.050.590.620.370.280.380.57-0.420.370.10.680.510.440.390.38
-0.150.0-0.080.010.350.110.33-0.470.160.070.28-0.39-0.3-0.16-0.2-0.49-0.340.23-0.580.1-0.13-0.39-0.26-0.36-0.27
0.270.150.370.220.010.36-0.080.340.3-0.140.160.340.180.020.340.180.430.00.480.68-0.130.2-0.010.130.19
0.880.330.87-0.03-0.450.79-0.440.970.25-0.33-0.150.960.90.790.470.940.88-0.870.640.51-0.390.20.860.980.93
0.750.20.74-0.1-0.470.73-0.480.820.26-0.31-0.390.810.920.90.250.810.69-0.920.530.44-0.26-0.010.860.860.78
0.860.230.82-0.08-0.520.75-0.450.950.24-0.34-0.170.940.860.810.440.950.86-0.890.580.39-0.360.130.980.860.98
0.830.130.79-0.1-0.570.75-0.410.920.27-0.34-0.10.910.810.770.440.930.88-0.870.490.38-0.270.190.930.780.98
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XinJiang GuoTong Account Relationship Matchups

XinJiang GuoTong fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B3.8B4.0B4.3B4.1B2.2B
Other Current Liab427.5M543.8M98.6M446.5M7.0M6.6M
Total Current Liabilities1.6B1.7B1.8B2.3B1.8B971.3M
Total Stockholder Equity850.4M864.5M874.9M770.5M626.0M730.6M
Retained Earnings212.1M226.2M232.9M128.4M(162.4M)(154.3M)
Accounts Payable482.3M679.7M876.9M1.2B854.2M442.0M
Cash288.8M240.6M78.2M301.6M142.1M267.7M
Other Assets1.9B2.1B2.2B2.2B2.5B2.7B
Net Receivables462.8M369.3M759.9M663.9M654.2M478.4M
Inventory152.8M158.7M138.2M124.1M105.4M150.1M
Other Current Assets65.9M44.8M25.5M22.0M9.1M8.7M
Total Liab2.5B2.8B3.0B3.3B3.3B3.5B
Intangible Assets122.0M206.0M304.1M299.9M253.6M266.3M
Property Plant Equipment592.6M562.9M496.1M459.5M528.4M419.9M
Long Term Debt891.9M985.4M1.0B942.4M1.3B1.4B
Other Liab92.8M81.9M88.3M126.7M145.8M153.0M
Net Tangible Assets728.4M658.5M570.9M470.5M423.5M570.3M
Deferred Long Term Liab34.4M68.2M37.9M24.6M28.3M38.9M
Short Long Term Debt112M95.4M324.0M406M122.0M239.6M
Total Current Assets977.2M947.0M1.0B1.3B1.1B876.4M
Non Current Assets Total2.6B2.9B3.0B3.0B3.0B2.6B
Non Current Liabilities Total980.1M1.1B1.2B1.1B1.5B935.8M
Non Current Liabilities Other68.2M68.0M75.5M75.0M126.1M70.3M
Net Debt710.4M840.2M1.3B1.0B1.3B924.1M
Net Invested Capital1.8B1.9B2.2B2.1B2.1B2.1B
Net Working Capital(584.5M)(716.2M)(786.0M)(974.5M)(707.7M)(743.1M)

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Other Information on Investing in XinJiang Stock

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