Yunnan Cost Of Revenue vs Income Tax Expense Analysis

002812 Stock   33.77  0.25  0.75%   
Yunnan Chuangxin financial indicator trend analysis is more than just analyzing Yunnan Chuangxin New current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Chuangxin New is a good investment. Please check the relationship between Yunnan Chuangxin Cost Of Revenue and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Chuangxin New. 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 Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yunnan Chuangxin New Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have totally related.
The correlation between Yunnan Chuangxin's Cost Of Revenue and Income Tax Expense is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Yunnan Chuangxin New, assuming nothing else is changed. The correlation between historical values of Yunnan Chuangxin's Cost Of Revenue and Income Tax Expense 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 Yunnan Chuangxin New are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost Of Revenue i.e., Yunnan Chuangxin's Cost Of Revenue and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Yunnan Chuangxin New income statement and represents the costs associated with goods and services Yunnan Chuangxin 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.

Income Tax Expense

Most indicators from Yunnan Chuangxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Chuangxin New 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 Yunnan Chuangxin New. 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 136.7 M. In addition to that, Tax Provision is expected to decline to about 230.4 M
 2021 2022 2023 2024 (projected)
Operating Income3.4B5.0B3.4B3.6B
Total Revenue8.0B12.6B12.0B12.6B

Yunnan Chuangxin fundamental ratios Correlations

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-0.71-0.31-0.76-0.69-0.63-0.77-0.74-0.64-0.77-0.76-0.73-0.63-0.71-0.74-0.56-0.7-0.66-0.53-0.61-0.69-0.720.15-0.54-0.71-0.54
0.910.620.960.860.890.90.920.910.90.940.90.750.950.920.860.920.910.950.80.920.890.480.95-0.710.85
0.870.640.850.840.980.810.860.840.80.880.850.880.90.860.980.90.880.910.790.880.860.650.94-0.540.85
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Yunnan Chuangxin Account Relationship Matchups

Yunnan Chuangxin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.2B20.6B26.1B38.6B47.2B49.6B
Other Current Liab147.8M236.7M1.1B595.4M189.8M285.8M
Total Current Liabilities4.2B4.3B6.9B13.6B11.5B12.1B
Total Stockholder Equity4.6B11.1B13.8B17.7B26.9B28.3B
Other Liab1.1B1.3B1.4B1.6B1.8B1.9B
Retained Earnings1.9B2.9B5.5B9.2B10.9B11.5B
Accounts Payable905.4M1.2B1.1B2.3B2.4B2.5B
Cash1.0B2.4B1.8B4.0B3.8B4.0B
Other Assets333.0M818.2M2.4B3.3B3.8B4.0B
Net Receivables2.6B2.3B5.3B6.6B6.7B7.1B
Inventory759.2M1.2B1.7B2.5B3.0B3.2B
Other Current Assets628.4M714.3M574.3M518.3M1.4B1.4B
Total Liab7.3B9.0B11.6B19.8B18.5B19.4B
Intangible Assets298.8M461.9M560.9M1.1B1.1B1.2B
Common Stock805.4M886.6M892.4M892.4M1.0B1.1B
Property Plant Equipment6.5B10.1B12.6B17.9B20.6B21.6B
Net Tangible Assets4.2B10.1B12.8B16.2B18.6B19.5B
Long Term Debt2.0B3.4B3.2B4.6B5.1B2.7B
Total Current Assets5.0B8.7B9.5B15.0B16.3B17.1B
Non Current Assets Total7.2B11.9B16.7B23.7B30.9B32.5B
Non Currrent Assets Other225.7M10.7B2.6B3.7B3.1B2.8B
Non Current Liabilities Total3.1B4.7B4.7B6.2B7.0B3.7B
Deferred Long Term Liab2.6M6.6M3.6M1.3M1.2M1.1M
Net Debt3.6B2.8B5.5B10.2B8.6B5.1B
Common Stock Shares Outstanding805.4M886.6M892.4M892.4M977.8M899.5M
Net Invested Capital9.2B16.3B21.2B31.9B39.3B41.3B
Short Long Term Debt2.7B1.8B4.1B9.5B7.3B4.2B
Net Working Capital793.7M4.4B2.5B1.4B4.8B2.5B
Capital Stock805.4M886.6M892.4M892.4M977.8M903.5M
Non Current Liabilities Other619.2M455.5M538.5M542.2M564.2M466.9M

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Other Information on Investing in Yunnan Stock

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