Shenzhen Gross Profit vs Total Revenue 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 Gross Profit and its Total Revenue 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.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Transsion Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Shenzhen Transsion's Gross Profit and Total Revenue is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue 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 Gross Profit and Total 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 Shenzhen Transsion Holdings are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., Shenzhen Transsion's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Shenzhen Transsion Holdings minus its cost of goods sold. It is profit before Shenzhen Transsion 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.

Total Revenue

Total revenue comprises all receipts Shenzhen Transsion generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary 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.