Hygon Cost Of Revenue vs Total Revenue Analysis

688041 Stock   123.81  2.99  2.36%   
Hygon Information financial indicator trend analysis is much more than just examining Hygon Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hygon Information is a good investment. Please check the relationship between Hygon Information Cost Of Revenue and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hygon Information Technology. 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 Total Revenue

Cost Of Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hygon Information Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Hygon Information's Cost Of Revenue and Total Revenue is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Hygon Information Technology, assuming nothing else is changed. The correlation between historical values of Hygon Information's Cost Of Revenue 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 Cost Of Revenue of Hygon Information Technology 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 Cost Of Revenue i.e., Hygon Information's Cost Of Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

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

Total Revenue

Total revenue comprises all receipts Hygon Information 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 Hygon Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hygon Information 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 Hygon Information Technology. 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 (20 M). In addition to that, Selling General Administrative is expected to decline to about 138.6 M
 2021 2022 2023 2024 (projected)
Interest Expense24.6M29.5M36.2M26.3M
Interest Income28.3M120.1M305.1M320.4M

Hygon Information fundamental ratios Correlations

0.58-0.78-0.74-0.76-0.78-0.77-0.83-0.76-0.82-0.81-0.76-0.75-0.730.580.54-0.74-0.8-0.360.32-0.77-0.780.6-0.77-0.73-0.69
0.58-0.61-0.61-0.6-0.63-0.89-0.62-0.55-0.8-0.68-0.68-0.64-0.731.00.79-0.43-0.550.240.76-0.61-0.650.81-0.58-0.73-0.94
-0.78-0.610.691.01.00.90.930.990.930.980.870.980.95-0.61-0.740.840.840.47-0.521.00.99-0.831.00.950.8
-0.74-0.610.690.650.70.750.90.640.860.80.850.660.63-0.61-0.40.760.960.31-0.10.660.71-0.430.660.630.68
-0.76-0.61.00.651.00.890.90.990.910.970.860.980.95-0.6-0.760.810.810.45-0.551.00.99-0.841.00.950.8
-0.78-0.631.00.71.00.910.920.980.940.990.90.990.96-0.63-0.780.80.850.41-0.551.01.0-0.840.990.960.83
-0.77-0.890.90.750.890.910.880.860.980.940.90.910.95-0.89-0.860.690.80.11-0.70.90.92-0.910.880.950.98
-0.83-0.620.930.90.90.920.880.910.950.960.890.870.83-0.62-0.560.920.970.52-0.290.910.91-0.650.910.830.76
-0.76-0.550.990.640.990.980.860.910.890.960.820.960.92-0.55-0.690.860.810.54-0.480.990.97-0.791.00.920.74
-0.82-0.80.930.860.910.940.980.950.890.980.940.920.93-0.8-0.770.790.910.26-0.540.920.95-0.820.910.930.92
-0.81-0.680.980.80.970.990.940.960.960.980.950.970.95-0.68-0.760.820.910.37-0.510.980.99-0.820.970.950.86
-0.76-0.680.870.850.860.90.90.890.820.940.950.920.91-0.68-0.780.650.910.16-0.490.870.93-0.770.850.910.86
-0.75-0.640.980.660.980.990.910.870.960.920.970.920.99-0.64-0.840.710.80.3-0.620.981.0-0.890.970.990.85
-0.73-0.730.950.630.950.960.950.830.920.930.950.910.99-0.73-0.910.640.750.16-0.730.960.98-0.950.941.00.91
0.581.0-0.61-0.61-0.6-0.63-0.89-0.62-0.55-0.8-0.68-0.68-0.64-0.730.79-0.43-0.550.240.76-0.61-0.650.81-0.58-0.73-0.94
0.540.79-0.74-0.4-0.76-0.78-0.86-0.56-0.69-0.77-0.76-0.78-0.84-0.910.79-0.3-0.480.230.92-0.76-0.810.98-0.73-0.91-0.92
-0.74-0.430.840.760.810.80.690.920.860.790.820.650.710.64-0.43-0.30.860.77-0.080.810.77-0.450.840.640.53
-0.8-0.550.840.960.810.850.80.970.810.910.910.910.80.75-0.55-0.480.860.47-0.160.820.85-0.530.820.750.69
-0.360.240.470.310.450.410.110.520.540.260.370.160.30.160.240.230.770.470.410.440.350.070.490.16-0.11
0.320.76-0.52-0.1-0.55-0.55-0.7-0.29-0.48-0.54-0.51-0.49-0.62-0.730.760.92-0.08-0.160.41-0.55-0.570.91-0.52-0.73-0.8
-0.77-0.611.00.661.01.00.90.910.990.920.980.870.980.96-0.61-0.760.810.820.44-0.550.99-0.841.00.960.8
-0.78-0.650.990.710.991.00.920.910.970.950.990.931.00.98-0.65-0.810.770.850.35-0.570.99-0.860.980.980.85
0.60.81-0.83-0.43-0.84-0.84-0.91-0.65-0.79-0.82-0.82-0.77-0.89-0.950.810.98-0.45-0.530.070.91-0.84-0.86-0.82-0.95-0.93
-0.77-0.581.00.661.00.990.880.911.00.910.970.850.970.94-0.58-0.730.840.820.49-0.521.00.98-0.820.940.78
-0.73-0.730.950.630.950.960.950.830.920.930.950.910.991.0-0.73-0.910.640.750.16-0.730.960.98-0.950.940.91
-0.69-0.940.80.680.80.830.980.760.740.920.860.860.850.91-0.94-0.920.530.69-0.11-0.80.80.85-0.930.780.91
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Other Information on Investing in Hygon Stock

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