Sinotrans Gross Profit vs Ebitda Analysis

601598 Stock   5.23  0.12  2.24%   
Sinotrans financial indicator trend analysis is much more than just breaking down Sinotrans Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinotrans Class is a good investment. Please check the relationship between Sinotrans Gross Profit and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinotrans Ltd Class. 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 Ebitda

Gross Profit vs Ebitda Correlation Analysis

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

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sinotrans Ltd Class minus its cost of goods sold. It is profit before Sinotrans 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.

Ebitda

Most indicators from Sinotrans' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinotrans Class 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 Sinotrans Ltd Class. 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 Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is forecasted to decline to about 818.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B3.3B2.1B3.2B
Total Revenue124.3B108.8B101.7B95.4B

Sinotrans fundamental ratios Correlations

-0.210.290.960.450.920.940.90.660.990.440.960.640.830.84-0.720.87-0.48-0.16-0.960.980.640.830.110.910.96
-0.21-0.36-0.360.46-0.4-0.38-0.18-0.09-0.250.63-0.280.41-0.06-0.050.470.120.470.780.14-0.08-0.54-0.170.47-0.31-0.35
0.29-0.360.380.230.360.420.550.430.240.140.11-0.330.220.53-0.08-0.07-0.5-0.11-0.050.220.120.560.260.110.27
0.96-0.360.380.260.990.990.910.590.960.260.950.460.730.78-0.820.73-0.69-0.17-0.880.90.70.79-0.060.950.98
0.450.460.230.260.160.240.420.530.40.830.270.530.410.730.240.480.290.1-0.450.55-0.070.430.830.120.28
0.92-0.40.360.990.160.990.870.550.920.140.930.40.670.69-0.860.66-0.73-0.16-0.830.830.740.76-0.190.940.96
0.94-0.380.420.990.240.990.930.640.930.230.930.440.720.76-0.830.71-0.72-0.13-0.840.870.660.83-0.090.940.96
0.9-0.180.550.910.420.870.930.730.850.490.790.510.830.83-0.670.74-0.650.07-0.760.870.390.930.170.80.84
0.66-0.090.430.590.530.550.640.730.550.350.570.490.570.64-0.440.58-0.250.03-0.550.650.260.860.140.550.5
0.99-0.250.240.960.40.920.930.850.550.390.970.590.760.82-0.730.83-0.5-0.21-0.970.970.690.730.080.930.98
0.440.630.140.260.830.140.230.490.350.390.240.650.570.670.140.610.140.42-0.440.56-0.270.430.820.160.26
0.96-0.280.110.950.270.930.930.790.570.970.240.620.720.69-0.830.83-0.49-0.21-0.960.930.760.7-0.120.970.97
0.640.41-0.330.460.530.40.440.510.490.590.650.620.750.44-0.350.920.120.24-0.730.740.150.530.230.560.48
0.83-0.060.220.730.410.670.720.830.570.760.570.720.750.63-0.520.89-0.27-0.02-0.770.860.290.850.240.660.69
0.84-0.050.530.780.730.690.760.830.640.820.670.690.440.63-0.330.65-0.36-0.09-0.760.850.330.720.540.620.77
-0.720.47-0.08-0.820.24-0.86-0.83-0.67-0.44-0.730.14-0.83-0.35-0.52-0.33-0.580.750.080.68-0.63-0.67-0.580.56-0.92-0.78
0.870.12-0.070.730.480.660.710.740.580.830.610.830.920.890.65-0.58-0.170.06-0.910.920.360.720.180.780.74
-0.480.47-0.5-0.690.29-0.73-0.72-0.65-0.25-0.50.14-0.490.12-0.27-0.360.75-0.17-0.090.3-0.34-0.36-0.470.36-0.63-0.6
-0.160.78-0.11-0.170.1-0.16-0.130.070.03-0.210.42-0.210.24-0.02-0.090.080.06-0.090.21-0.11-0.530.040.11-0.11-0.25
-0.960.14-0.05-0.88-0.45-0.83-0.84-0.76-0.55-0.97-0.44-0.96-0.73-0.77-0.760.68-0.910.30.21-0.97-0.66-0.68-0.1-0.9-0.92
0.98-0.080.220.90.550.830.870.870.650.970.560.930.740.860.85-0.630.92-0.34-0.11-0.970.560.80.220.860.91
0.64-0.540.120.7-0.070.740.660.390.260.69-0.270.760.150.290.33-0.670.36-0.36-0.53-0.660.560.36-0.450.720.74
0.83-0.170.560.790.430.760.830.930.860.730.430.70.530.850.72-0.580.72-0.470.04-0.680.80.360.140.690.69
0.110.470.26-0.060.83-0.19-0.090.170.140.080.82-0.120.230.240.540.560.180.360.11-0.10.22-0.450.14-0.26-0.03
0.91-0.310.110.950.120.940.940.80.550.930.160.970.560.660.62-0.920.78-0.63-0.11-0.90.860.720.69-0.260.94
0.96-0.350.270.980.280.960.960.840.50.980.260.970.480.690.77-0.780.74-0.6-0.25-0.920.910.740.69-0.030.94
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Sinotrans Account Relationship Matchups

Sinotrans fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets61.9B65.8B74.3B77.8B75.9B71.0B
Other Current Liab5.2B4.8B6.6B7.6B20.5M19.4M
Total Current Liabilities20.7B24.3B24.3B28.0B28.0B26.7B
Total Stockholder Equity28.4B30.4B33.1B34.9B37.8B31.0B
Other Liab1.2B816.0M1.2B1.3B1.2B980.9M
Net Tangible Assets22.5B22.0B24.9B26.3B30.3B21.9B
Retained Earnings15.1B17.0B19.9B20.1B21.9B17.6B
Accounts Payable9.1B10.7B13.9B13.9B12.4B12.0B
Cash88.2M11.4B14.5B16.3B14.0B12.2B
Non Current Assets Total36.0B37.6B37.9B39.5B41.3B37.3B
Other Assets3.2B3.1B3.2B3.2B3.7B2.9B
Long Term Debt8.4B6.3B12.0B9.3B4.4B6.7B
Net Receivables12.4B11.0B14.2B13.4B12.3B13.7B
Good Will172.6M2.3B2.0B2.2B2.0B1.6B
Short Term Investments5.6M303.3M794.6K664.1K520.2K494.2K
Non Current Liabilities Total11.0B9.3B15.0B12.9B7.7B11.8B
Inventory125.3M81.8M69.0M65.5M58.7M115.9M
Other Current Assets2.8B3.2B5.4B6.1B13.5M12.8M
Other Stockholder Equity(99.7M)(27.7M)(214.5M)(44.8M)(40.4M)(38.3M)
Total Liab31.6B33.6B39.3B41.0B35.8B37.0B
Short Long Term Debt4.0B2.7B677.9M3.1B5.2B3.0B
Total Current Assets25.9B28.3B36.4B38.3B34.6B34.7B
Intangible Assets5.9B6.3B6.4B6.4B6.6B5.1B
Property Plant Equipment16.6B17.4B17.3B18.5B21.2B18.6B
Deferred Long Term Liab302.2M340.2M369.1M331.5M381.2M342.2M
Net Invested Capital40.9B39.4B45.7B47.4B47.3B46.0B
Net Working Capital5.2B4.0B12.1B10.3B6.6B8.6B

Currently Active Assets on Macroaxis

Other Information on Investing in Sinotrans Stock

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