Shenzhen Operating Income vs Cost Of Revenue Analysis

002416 Stock   16.36  1.00  6.51%   
Shenzhen Aisidi financial indicator trend analysis is much more than just breaking down Shenzhen Aisidi prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Aisidi is a good investment. Please check the relationship between Shenzhen Aisidi Operating Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Aisidi Co. 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Aisidi Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shenzhen Aisidi's Operating Income and Cost Of Revenue is 0.57. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Shenzhen Aisidi Co, assuming nothing else is changed. The correlation between historical values of Shenzhen Aisidi's Operating Income and Cost Of 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 Operating Income of Shenzhen Aisidi Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Shenzhen Aisidi's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Operating Income

Operating Income is the amount of profit realized from Shenzhen Aisidi operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shenzhen Aisidi Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Shenzhen Aisidi income statement and represents the costs associated with goods and services Shenzhen Aisidi 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.
Most indicators from Shenzhen Aisidi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Aisidi 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 Shenzhen Aisidi Co. 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.
The current year's Selling General Administrative is expected to grow to about 1 B, whereas Tax Provision is forecasted to decline to about 141.2 M.
 2021 2022 2023 2024 (projected)
Operating Income1.4B1.4B1.2B797.2M
Total Revenue95.2B91.4B92.2B49.3B

Shenzhen Aisidi fundamental ratios Correlations

0.870.450.950.910.460.610.540.90.180.810.790.570.790.790.910.370.620.960.990.860.130.830.540.440.01
0.870.330.880.690.540.680.820.75-0.20.690.760.620.670.640.780.330.30.890.830.990.050.630.650.51-0.18
0.450.330.370.490.22-0.020.320.390.070.170.430.20.140.420.40.460.470.390.430.30.190.50.480.230.19
0.950.880.370.760.480.630.60.80.240.760.70.540.730.810.910.280.410.990.960.890.120.670.540.46-0.12
0.910.690.490.760.370.510.320.930.10.80.750.50.780.680.770.390.80.770.890.680.10.950.430.360.16
0.460.540.220.480.370.750.570.43-0.270.230.4-0.050.210.280.510.690.030.450.440.6-0.320.340.031.0-0.32
0.610.68-0.020.630.510.750.490.71-0.290.560.710.420.580.240.470.550.00.60.540.72-0.320.450.150.74-0.57
0.540.820.320.60.320.570.490.38-0.370.160.590.440.140.450.580.340.020.630.490.81-0.030.230.660.53-0.2
0.90.750.390.80.930.430.710.38-0.020.830.840.620.830.570.710.420.540.80.860.76-0.020.870.420.42-0.17
0.18-0.20.070.240.1-0.27-0.29-0.37-0.020.13-0.18-0.160.090.420.32-0.170.380.240.27-0.210.360.0-0.1-0.270.44
0.810.690.170.760.80.230.560.160.830.130.570.520.990.530.620.170.490.760.820.690.120.810.270.22-0.06
0.790.760.430.70.750.40.710.590.84-0.180.570.690.580.370.60.530.40.740.670.72-0.060.620.580.39-0.25
0.570.620.20.540.5-0.050.420.440.62-0.160.520.690.550.360.360.010.160.560.50.6-0.190.450.78-0.08-0.31
0.790.670.140.730.780.210.580.140.830.090.990.580.550.490.570.170.450.730.790.680.080.80.250.2-0.11
0.790.640.420.810.680.280.240.450.570.420.530.370.360.490.810.040.580.80.840.650.360.60.50.250.28
0.910.780.40.910.770.510.470.580.710.320.620.60.360.570.810.290.590.920.930.780.070.650.50.490.12
0.370.330.460.280.390.690.550.340.42-0.170.170.530.010.170.040.290.250.30.30.33-0.150.370.030.72-0.06
0.620.30.470.410.80.030.00.020.540.380.490.40.160.450.580.590.250.460.640.230.330.740.250.040.69
0.960.890.390.990.770.450.60.630.80.240.760.740.560.730.80.920.30.460.960.880.160.670.570.43-0.07
0.990.830.430.960.890.440.540.490.860.270.820.670.50.790.840.930.30.640.960.830.170.820.490.420.09
0.860.990.30.890.680.60.720.810.76-0.210.690.720.60.680.650.780.330.230.880.83-0.020.640.60.57-0.26
0.130.050.190.120.1-0.32-0.32-0.03-0.020.360.12-0.06-0.190.080.360.07-0.150.330.160.17-0.020.08-0.06-0.320.55
0.830.630.50.670.950.340.450.230.870.00.810.620.450.80.60.650.370.740.670.820.640.080.350.340.14
0.540.650.480.540.430.030.150.660.42-0.10.270.580.780.250.50.50.030.250.570.490.6-0.060.35-0.01-0.07
0.440.510.230.460.361.00.740.530.42-0.270.220.39-0.080.20.250.490.720.040.430.420.57-0.320.34-0.01-0.31
0.01-0.180.19-0.120.16-0.32-0.57-0.2-0.170.44-0.06-0.25-0.31-0.110.280.12-0.060.69-0.070.09-0.260.550.14-0.07-0.31
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Shenzhen Aisidi Account Relationship Matchups

Shenzhen Aisidi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2B11.3B15.3B14.4B12.5B9.3B
Short Long Term Debt Total2.5B2.8B6.6B5.6B3.5B2.7B
Other Current Liab684.3M88.2M120.2M784.3M693.5M403.7M
Total Current Liabilities5.2B5.7B9.0B8.1B6.0B4.6B
Total Stockholder Equity5.0B5.4B5.8B5.9B6.0B4.4B
Property Plant And Equipment Net12.3M14.9M118.4M134.8M142.2M149.3M
Current Deferred Revenue285.0M1.2B1.5B1.1B1.1B1.2B
Net Debt(923.1M)(1.3B)2.5B2.8B203.6M213.8M
Retained Earnings2.2B2.6B2.5B2.6B2.6B1.7B
Accounts Payable1.7B1.6B997.1M635.2M768.8M1.5B
Cash3.4B4.1B4.1B2.9B3.3B2.6B
Non Current Assets Total1.2B1.7B2.1B2.2B2.0B1.0B
Non Currrent Assets Other1.0B1.4B1.2B1.2B22.3M21.2M
Cash And Short Term Investments3.6B4.6B4.2B3.0B3.4B2.7B
Net Receivables3.1B2.6B3.8B4.3B2.2B2.7B
Liabilities And Stockholders Equity10.2B11.3B15.3B14.4B12.5B9.3B
Inventory2.3B2.2B4.9B4.5B3.5B2.6B
Other Current Assets112.5M98.2M274.8M426.3M1.3B1.4B
Other Stockholder Equity1.5B1.6B1.6B1.6B1.9B1.6B
Total Liab5.2B5.7B9.3B8.1B6.1B4.8B
Total Current Assets9.1B9.6B13.2B12.2B10.4B8.3B
Short Term Debt2.5B2.8B6.3B5.6B3.4B2.6B
Intangible Assets21.7M17.1M10.4M11.2M10.4M9.9M
Other Assets1.1B1.1B1.01.2B1.2B0.95
Property Plant Equipment12.3M14.9M118.4M134.8M155.0M162.7M
Non Current Liabilities Total3.1M3.6M284.7M33.5M52.6M49.9M
Short Term Investments125.2M514.1M131.3M110.8M141.5M113.4M
Other Liab3.1M3.6M7.8M4.2M3.8M3.6M
Net Tangible Assets4.9B5.4B5.8B5.9B6.7B5.7B
Deferred Long Term Liab8.2M10.9M23.5M22.8M20.5M14.1M
Short Long Term Debt2.5B2.8B6.3B5.3B3.3B3.7B
Net Invested Capital7.5B8.2B12.3B11.2B9.3B10.3B
Net Working Capital3.8B3.9B4.2B4.1B4.4B4.5B

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Other Information on Investing in Shenzhen Stock

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