Shenzhen Cost Of Revenue vs Operating Income Analysis

688036 Stock   94.72  9.67  11.37%   
Shenzhen Transsion financial indicator trend analysis is much more than just breaking down Shenzhen Transsion prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Transsion is a good investment. Please check the relationship between Shenzhen Transsion Cost Of Revenue and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Transsion Holdings. 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 Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Transsion Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen Transsion's Cost Of Revenue and Operating Income is 0.91. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shenzhen Transsion Holdings, assuming nothing else is changed. The correlation between historical values of Shenzhen Transsion's Cost Of Revenue and Operating Income 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 Shenzhen Transsion Holdings are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Shenzhen Transsion's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Shenzhen Transsion income statement and represents the costs associated with goods and services Shenzhen Transsion 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.

Operating Income

Operating Income is the amount of profit realized from Shenzhen Transsion 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 Transsion Holdings 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.
Most indicators from Shenzhen Transsion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Transsion 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 Transsion Holdings. 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 1.2 B, whereas Selling General Administrative is forecasted to decline to about 3.7 B.
 2021 2022 2023 2024 (projected)
Gross Profit10.5B9.9B15.2B8.9B
Total Revenue49.4B46.6B62.3B37.9B

Shenzhen Transsion fundamental ratios Correlations

-0.030.870.990.930.930.920.860.930.97-0.630.840.930.980.990.9-0.770.990.760.441.00.990.890.80.920.88
-0.03-0.19-0.01-0.07-0.13-0.19-0.160.14-0.01-0.20.03-0.05-0.040.0-0.220.17-0.040.37-0.52-0.03-0.070.080.33-0.05-0.3
0.87-0.190.830.930.940.951.00.820.82-0.520.70.840.820.870.78-0.760.880.660.380.870.830.760.680.920.89
0.99-0.010.830.940.940.930.830.920.99-0.660.840.910.990.960.9-0.780.950.780.40.980.990.890.820.940.81
0.93-0.070.930.940.990.990.930.870.95-0.640.80.860.940.920.85-0.830.90.770.30.920.940.850.81.00.8
0.93-0.130.940.940.990.990.940.870.94-0.620.780.870.940.910.86-0.820.90.750.370.920.930.840.780.990.82
0.92-0.190.950.930.990.990.940.840.92-0.60.780.840.930.910.85-0.850.890.680.40.910.930.830.720.980.82
0.86-0.161.00.830.930.940.940.820.81-0.520.690.860.810.870.78-0.740.880.690.360.870.830.750.70.920.89
0.930.140.820.920.870.870.840.820.88-0.710.710.850.880.90.85-0.660.920.810.420.930.880.870.790.860.76
0.97-0.010.820.990.950.940.920.810.88-0.630.870.91.00.960.91-0.790.940.80.310.960.990.880.840.950.79
-0.63-0.2-0.52-0.66-0.64-0.62-0.6-0.52-0.71-0.63-0.19-0.63-0.64-0.57-0.630.23-0.59-0.68-0.34-0.62-0.61-0.4-0.5-0.67-0.42
0.840.030.70.840.80.780.780.690.710.87-0.190.710.860.870.71-0.890.820.610.120.830.870.930.790.770.68
0.93-0.050.840.910.860.870.840.860.850.9-0.630.710.890.90.87-0.550.930.820.360.930.910.690.820.880.92
0.98-0.040.820.990.940.940.930.810.881.0-0.640.860.890.960.91-0.80.950.760.370.971.00.880.80.940.8
0.990.00.870.960.920.910.910.870.90.96-0.570.870.90.960.87-0.80.990.720.410.990.970.90.780.910.88
0.9-0.220.780.90.850.860.850.780.850.91-0.630.710.870.910.87-0.670.890.740.380.90.910.780.730.850.82
-0.770.17-0.76-0.78-0.83-0.82-0.85-0.74-0.66-0.790.23-0.89-0.55-0.8-0.8-0.67-0.75-0.42-0.26-0.77-0.81-0.9-0.57-0.78-0.62
0.99-0.040.880.950.90.90.890.880.920.94-0.590.820.930.950.990.89-0.750.720.470.990.960.860.760.890.92
0.760.370.660.780.770.750.680.690.810.8-0.680.610.820.760.720.74-0.420.72-0.10.750.750.660.960.80.58
0.44-0.520.380.40.30.370.40.360.420.31-0.340.120.360.370.410.38-0.260.47-0.10.460.380.25-0.120.270.52
1.0-0.030.870.980.920.920.910.870.930.96-0.620.830.930.970.990.9-0.770.990.750.460.980.880.780.910.89
0.99-0.070.830.990.940.930.930.830.880.99-0.610.870.911.00.970.91-0.810.960.750.380.980.880.80.940.84
0.890.080.760.890.850.840.830.750.870.88-0.40.930.690.880.90.78-0.90.860.660.250.880.880.770.820.66
0.80.330.680.820.80.780.720.70.790.84-0.50.790.820.80.780.73-0.570.760.96-0.120.780.80.770.820.62
0.92-0.050.920.941.00.990.980.920.860.95-0.670.770.880.940.910.85-0.780.890.80.270.910.940.820.820.79
0.88-0.30.890.810.80.820.820.890.760.79-0.420.680.920.80.880.82-0.620.920.580.520.890.840.660.620.79
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Shenzhen Transsion Account Relationship Matchups

Shenzhen Transsion fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.7B26.0B31.5B30.8B46.1B24.5B
Other Current Liab772.0M978.2M1.2B22.7M26.6M25.2M
Total Current Liabilities8.2B13.5B14.3B11.4B23.9B25.1B
Total Stockholder Equity8.3B10.5B14.0B15.8B18.1B10.4B
Other Liab974.1M1.2B2.0B3.0B3.4B3.6B
Net Tangible Assets7.6B10.0B13.5B15.0B17.3B18.2B
Retained Earnings2.4B4.6B7.6B8.5B10.1B10.6B
Accounts Payable6.8B10.5B11.1B8.1B19.1B20.1B
Cash7.7B13.2B9.9B9.2B12.6B8.6B
Non Current Assets Total2.3B3.0B4.6B5.4B6.0B3.4B
Non Currrent Assets Other34.7M20.7M18.8M46.6M94.2M97.6M
Other Assets319.5M299.6M464.9M618.7M711.5M474.3M
Net Receivables1.4B1.1B1.2B1.3B2.0B1.3B
Non Current Liabilities Total1.3B2.0B3.1B3.6B4.0B2.2B
Inventory3.1B5.6B7.6B6.1B10.4B5.4B
Other Current Assets212.4M330.5M223.8M420.1M467.2M301.5M
Other Stockholder Equity74.8M100.1M11.2M(39.9M)(35.9M)(34.1M)
Total Liab9.5B15.5B17.4B15.0B27.9B14.0B
Deferred Long Term Liab42.1M41.8M42.6M35.1M40.3M35.2M
Total Current Assets15.5B23.0B26.8B25.4B40.1B21.1B
Non Current Liabilities Other995.8M1.4B2.2B2.5B3.2B1.6B
Intangible Assets16.4M482.8M474.4M470.5M508.5M310.7M
Property Plant Equipment784.6M1.0B1.2B2.0B2.3B2.5B
Net Invested Capital8.3B11.7B15.1B17.4B20.1B12.6B
Net Working Capital7.3B9.5B12.5B14.0B16.2B10.2B

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Transsion at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Transsion Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Transsion 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.