Sichuan Cost Of Revenue vs Tax Provision Analysis

600674 Stock   17.08  0.07  0.41%   
Sichuan Chuantou financial indicator trend analysis is much more than just breaking down Sichuan Chuantou Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Chuantou Energy is a good investment. Please check the relationship between Sichuan Chuantou Cost Of Revenue and its Tax Provision accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Chuantou Energy. 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.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Chuantou Energy Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sichuan Chuantou's Cost Of Revenue and Tax Provision is 0.74. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Sichuan Chuantou Energy, assuming nothing else is changed. The correlation between historical values of Sichuan Chuantou's Cost Of Revenue and Tax Provision 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 Sichuan Chuantou Energy are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Sichuan Chuantou's Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Sichuan Chuantou Energy income statement and represents the costs associated with goods and services Sichuan Chuantou 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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Sichuan Chuantou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Chuantou Energy 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 Sichuan Chuantou Energy. 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.
As of December 23, 2024, Selling General Administrative is expected to decline to about 63 M. In addition to that, Tax Provision is expected to decline to about 42.8 M
 2021 2022 2023 2024 (projected)
Income Before Tax3.2B3.6B4.6B4.8B
Cost Of Revenue733.9M873.5M794.9M508.0M

Sichuan Chuantou fundamental ratios Correlations

0.570.970.980.910.860.660.520.440.480.18-0.380.950.90.850.890.790.690.90.910.320.840.80.750.770.88
0.570.570.510.440.310.370.130.10.340.1-0.30.610.470.350.510.50.670.520.610.250.470.360.610.350.5
0.970.570.950.90.850.650.530.330.410.31-0.30.930.880.780.850.730.70.930.920.30.890.850.780.820.9
0.980.510.950.840.930.60.540.440.50.17-0.340.860.820.920.80.660.690.880.820.150.870.830.750.820.81
0.910.440.90.840.720.70.350.380.30.35-0.270.940.980.630.910.820.620.880.950.540.740.710.70.640.92
0.860.310.850.930.720.550.640.30.440.34-0.220.690.680.880.590.490.730.830.67-0.080.880.880.810.880.71
0.660.370.650.60.70.550.310.330.660.19-0.330.710.730.40.680.690.470.820.720.40.660.480.580.550.85
0.520.130.530.540.350.640.31-0.230.040.32-0.270.440.330.420.40.410.480.490.37-0.020.540.660.540.620.43
0.440.10.330.440.380.30.33-0.230.63-0.42-0.390.410.410.570.440.390.00.250.380.310.120.00.04-0.010.32
0.480.340.410.50.30.440.660.040.63-0.33-0.270.40.380.550.340.320.20.510.37-0.020.460.170.280.370.49
0.180.10.310.170.350.340.190.32-0.42-0.330.080.170.29-0.050.080.060.550.350.280.030.360.470.570.370.3
-0.38-0.3-0.3-0.34-0.27-0.22-0.33-0.27-0.39-0.270.08-0.43-0.27-0.3-0.5-0.54-0.3-0.23-0.29-0.27-0.15-0.05-0.240.0-0.26
0.950.610.930.860.940.690.710.440.410.40.17-0.430.950.660.970.920.630.870.970.560.730.670.690.620.92
0.90.470.880.820.980.680.730.330.410.380.29-0.270.950.590.920.860.570.870.960.60.70.630.670.60.93
0.850.350.780.920.630.880.40.420.570.55-0.05-0.30.660.590.60.440.550.70.59-0.090.750.720.580.730.59
0.890.510.850.80.910.590.680.40.440.340.08-0.50.970.920.60.950.520.780.920.630.610.560.570.50.86
0.790.50.730.660.820.490.690.410.390.320.06-0.540.920.860.440.950.510.690.860.70.470.430.570.370.8
0.690.670.70.690.620.730.470.480.00.20.55-0.30.630.570.550.520.510.710.630.010.720.750.970.690.6
0.90.520.930.880.880.830.820.490.250.510.35-0.230.870.870.70.780.690.710.880.270.940.840.810.870.96
0.910.610.920.820.950.670.720.370.380.370.28-0.290.970.960.590.920.860.630.880.610.720.680.710.610.94
0.320.250.30.150.54-0.080.4-0.020.31-0.020.03-0.270.560.6-0.090.630.70.010.270.61-0.03-0.040.06-0.170.51
0.840.470.890.870.740.880.660.540.120.460.36-0.150.730.70.750.610.470.720.940.72-0.030.920.80.970.83
0.80.360.850.830.710.880.480.660.00.170.47-0.050.670.630.720.560.430.750.840.68-0.040.920.810.940.72
0.750.610.780.750.70.810.580.540.040.280.57-0.240.690.670.580.570.570.970.810.710.060.80.810.780.72
0.770.350.820.820.640.880.550.62-0.010.370.370.00.620.60.730.50.370.690.870.61-0.170.970.940.780.73
0.880.50.90.810.920.710.850.430.320.490.3-0.260.920.930.590.860.80.60.960.940.510.830.720.720.73
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Sichuan Chuantou Account Relationship Matchups

Sichuan Chuantou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets37.5B41.3B48.5B54.7B60.4B63.4B
Other Current Liab1.3B251.4M166.5M398.7M1.0B1.1B
Total Current Liabilities5.6B5.4B7.8B7.9B9.0B9.5B
Total Stockholder Equity27.1B28.8B31.2B33.8B37.1B38.9B
Other Liab64.5M579.2M593.1M655.7M754.1M791.8M
Retained Earnings18.0B19.6B21.1B22.8B16.3B17.1B
Accounts Payable161.0M176.1M195.9M242.3M271.5M149.7M
Cash712.0M604.0M1.0B841.9M514.7M489.3M
Other Assets46.7M92.3M220.4M431.5M496.3M521.1M
Net Receivables540.7M358.0M333.1M654.7M740.3M396.3M
Inventory101.8M132.6M121.2M101.1M69.4M84.7M
Other Current Assets19.1M24.3M19.5M7.8M9.1M8.7M
Total Liab9.8B11.6B16.2B19.5B21.8B22.8B
Intangible Assets32.2M285.5M299.7M502.7M485.3M509.6M
Property Plant Equipment3.3B6.2B7.6B8.8B10.1B10.7B
Long Term Debt4.2B5.6B7.8B10.8B9.4B9.9B
Short Term Investments4.1B3.2B2.4B2.1B1.9B2.2B
Net Tangible Assets27.1B28.5B30.9B33.3B38.3B28.3B
Other Stockholder Equity695.7M695.5M1.7B2.0B2.3B2.4B
Deferred Long Term Liab233.2K6.4M21.1M21.3M24.5M25.7M
Short Long Term Debt3.2B3.4B4.8B2.6B3.3B2.9B
Total Current Assets5.4B4.5B4.1B4.5B3.4B3.2B
Non Current Assets Total32.0B36.8B44.4B50.2B57.0B41.9B
Non Currrent Assets Other68.8M99.5M142.3M336.4M380.8M361.8M
Non Current Liabilities Total4.2B6.2B8.4B11.6B12.7B6.9B
Non Current Liabilities Other2.6M11.6M29.8M31.4M31.8M33.4M
Net Debt6.6B8.4B11.6B12.6B12.2B9.4B
Net Invested Capital34.5B37.8B43.8B47.2B49.8B42.4B
Net Working Capital(142.2M)(850.9M)(3.7B)(3.5B)(5.6B)(5.3B)

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Other Information on Investing in Sichuan Stock

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