China Gross Profit vs Cost Of Revenue Analysis

600138 Stock   10.55  0.12  1.15%   
China CYTS financial indicator trend analysis is way more than just evaluating China CYTS Tours prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China CYTS Tours is a good investment. Please check the relationship between China CYTS Gross Profit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China CYTS Tours. 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.

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China CYTS Tours Gross Profit account and Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between China CYTS's Gross Profit and Cost Of Revenue is 0.55. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of China CYTS Tours, assuming nothing else is changed. The correlation between historical values of China CYTS's Gross Profit 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 Gross Profit of China CYTS Tours 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 Gross Profit i.e., China CYTS's Gross Profit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of China CYTS Tours minus its cost of goods sold. It is profit before China CYTS operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on China CYTS Tours income statement and represents the costs associated with goods and services China CYTS 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 China CYTS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China CYTS Tours 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 China CYTS Tours. 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 138.5 M, whereas Selling General Administrative is forecasted to decline to about 890.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.0B2.4B1.8B
Research Development9.4M12.7M7.7M9.4M

China CYTS fundamental ratios Correlations

-0.060.970.950.120.960.590.890.80.86-0.60.860.190.850.820.820.750.66-0.560.80.270.810.870.870.810.9
-0.060.05-0.040.260.00.530.17-0.250.3-0.330.10.73-0.31-0.39-0.09-0.4-0.60.57-0.40.24-0.42-0.37-0.4-0.22-0.31
0.970.050.870.020.910.580.930.730.82-0.590.920.190.850.730.70.740.6-0.560.770.20.750.830.850.810.87
0.95-0.040.870.240.990.670.850.840.87-0.590.740.270.740.860.930.650.56-0.480.750.420.780.810.770.760.84
0.120.260.020.240.250.39-0.10.070.38-0.140.020.65-0.060.150.2-0.07-0.020.120.030.730.180.04-0.080.040.05
0.960.00.910.990.250.660.870.80.87-0.560.810.310.760.830.870.650.56-0.490.780.440.80.840.80.810.87
0.590.530.580.670.390.660.560.540.86-0.850.450.70.340.350.620.310.04-0.050.250.450.260.260.20.310.3
0.890.170.930.85-0.10.870.560.710.75-0.560.870.160.750.690.730.620.46-0.440.670.170.630.740.770.760.79
0.8-0.250.730.840.070.80.540.710.72-0.680.620.070.860.890.810.870.72-0.730.820.310.840.810.770.750.79
0.860.30.820.870.380.870.860.750.72-0.810.710.580.630.60.790.560.39-0.30.570.480.60.610.540.580.64
-0.6-0.33-0.59-0.59-0.14-0.56-0.85-0.56-0.68-0.81-0.43-0.4-0.54-0.41-0.59-0.58-0.260.24-0.3-0.15-0.31-0.31-0.29-0.29-0.3
0.860.10.920.740.020.810.450.870.620.71-0.430.220.810.660.520.630.6-0.560.780.240.710.80.840.890.86
0.190.730.190.270.650.310.70.160.070.58-0.40.22-0.09-0.080.17-0.17-0.280.31-0.030.690.01-0.03-0.150.060.02
0.85-0.310.850.74-0.060.760.340.750.860.63-0.540.81-0.090.850.580.960.88-0.840.880.090.870.880.930.870.88
0.82-0.390.730.860.150.830.350.690.890.6-0.410.66-0.080.850.80.810.78-0.730.840.250.870.850.880.840.86
0.82-0.090.70.930.20.870.620.730.810.79-0.590.520.170.580.80.550.44-0.380.60.350.650.670.60.560.67
0.75-0.40.740.65-0.070.650.310.620.870.56-0.580.63-0.170.960.810.550.85-0.870.830.050.840.810.830.740.78
0.66-0.60.60.56-0.020.560.040.460.720.39-0.260.6-0.280.880.780.440.85-0.840.830.090.840.820.860.760.8
-0.560.57-0.56-0.480.12-0.49-0.05-0.44-0.73-0.30.24-0.560.31-0.84-0.73-0.38-0.87-0.84-0.89-0.14-0.83-0.82-0.79-0.77-0.76
0.8-0.40.770.750.030.780.250.670.820.57-0.30.78-0.030.880.840.60.830.83-0.890.380.970.980.920.930.96
0.270.240.20.420.730.440.450.170.310.48-0.150.240.690.090.250.350.050.09-0.140.380.430.360.130.350.34
0.81-0.420.750.780.180.80.260.630.840.6-0.310.710.010.870.870.650.840.84-0.830.970.430.970.910.870.95
0.87-0.370.830.810.040.840.260.740.810.61-0.310.8-0.030.880.850.670.810.82-0.820.980.360.970.950.920.98
0.87-0.40.850.77-0.080.80.20.770.770.54-0.290.84-0.150.930.880.60.830.86-0.790.920.130.910.950.930.97
0.81-0.220.810.760.040.810.310.760.750.58-0.290.890.060.870.840.560.740.76-0.770.930.350.870.920.930.95
0.9-0.310.870.840.050.870.30.790.790.64-0.30.860.020.880.860.670.780.8-0.760.960.340.950.980.970.95
Click cells to compare fundamentals

China CYTS Account Relationship Matchups

China CYTS fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.4B17.1B17.4B17.6B17.3B9.4B
Other Current Liab1.5B1.8B931.0M77.1M93.2M88.6M
Total Current Liabilities6.2B7.6B7.3B6.5B6.8B3.7B
Total Stockholder Equity6.6B6.3B6.3B6.0B6.2B3.8B
Other Liab10.0M240.1M5.2M7.1M8.1M7.7M
Retained Earnings4.1B3.9B3.9B3.4B3.5B1.9B
Accounts Payable1.7B1.4B1.4B1.1B1.1B975.9M
Cash1.0B1.8B1.4B1.2B1.2B807.4M
Other Assets1.2B1.0B998.0M1.1B1.3B1.3B
Net Receivables2.7B2.2B2.1B2.2B2.3B1.5B
Inventory2.4B2.9B2.2B2.1B2.0B1.3B
Other Current Assets939.2M295.0M311.8M191.0M111.3M105.7M
Total Liab7.5B8.5B8.8B9.5B8.9B9.4B
Intangible Assets1.2B1.2B1.2B1.2B1.2B1.2B
Property Plant Equipment4.1B4.5B4.7B5.9B6.8B7.1B
Long Term Debt1.0B869.7M617.6M1.8B1.4B1.5B
Net Tangible Assets5.3B5.3B5.1B5.1B5.8B5.3B
Other Stockholder Equity(22.0M)(20.4M)(25.3M)(27.2M)(24.5M)(25.7M)
Deferred Long Term Liab372.5M408.7M349.9M384.1M441.7M385.2M
Short Long Term Debt2.5B3.3B3.4B3.7B3.2B2.6B
Total Current Assets7.1B7.5B6.3B6.1B6.4B6.5B
Non Current Assets Total9.4B9.6B11.1B11.4B10.9B10.3B
Non Currrent Assets Other223.5M233.0M283.9M239.4M198.7M230.2M
Non Current Liabilities Total1.3B874.9M1.5B2.9B2.1B1.4B
Non Current Liabilities Other10.0M240.1M1.4M1.2M1.0M994.5K
Net Debt2.5B2.5B2.6B4.3B3.4B2.8B
Net Invested Capital10.1B10.5B10.4B11.5B10.8B11.0B
Net Working Capital832.5M(130.6M)(961.3M)(405.3M)(461.8M)(438.7M)

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

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