Shenyang Cost Of Revenue vs Ebitda Analysis

000692 Stock   3.55  0.08  2.20%   
Shenyang Huitian financial indicator trend analysis is much more than just breaking down Shenyang Huitian Thermal prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenyang Huitian Thermal is a good investment. Please check the relationship between Shenyang Huitian Cost Of Revenue and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenyang Huitian Thermal. 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 Ebitda

Cost Of Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenyang Huitian Thermal Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shenyang Huitian's Cost Of Revenue and Ebitda is -0.16. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Shenyang Huitian Thermal, assuming nothing else is changed. The correlation between historical values of Shenyang Huitian's Cost Of Revenue 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 Cost Of Revenue of Shenyang Huitian Thermal 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 Cost Of Revenue i.e., Shenyang Huitian's Cost Of Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Shenyang Huitian Thermal income statement and represents the costs associated with goods and services Shenyang Huitian 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.

Ebitda

Most indicators from Shenyang Huitian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenyang Huitian Thermal 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 Shenyang Huitian Thermal. 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 November 22, 2024, Selling General Administrative is expected to decline to about 45.4 M. In addition to that, Tax Provision is expected to decline to about 2.5 M
 2021 2022 2023 2024 (projected)
Reconciled Depreciation258.3M276.0M286.9M282.0M
Interest Income4.3M1.7M2.0M1.9M

Shenyang Huitian fundamental ratios Correlations

0.140.78-0.010.960.98-0.130.260.57-0.170.770.950.570.910.270.81-0.20.580.410.410.830.470.030.840.87-0.62
0.14-0.080.240.00.110.51-0.01-0.29-0.55-0.130.180.39-0.01-0.68-0.220.35-0.320.480.480.18-0.15-0.32-0.090.01-0.42
0.78-0.08-0.520.820.76-0.380.170.780.010.990.770.170.850.660.87-0.710.910.470.470.570.420.240.930.73-0.36
-0.010.24-0.52-0.19-0.010.53-0.17-0.62-0.38-0.56-0.020.57-0.33-0.68-0.340.9-0.55-0.3-0.30.18-0.020.01-0.36-0.06-0.38
0.960.00.82-0.190.98-0.190.230.67-0.120.820.840.480.90.450.82-0.380.660.390.390.710.420.070.830.89-0.55
0.980.110.76-0.010.98-0.110.190.56-0.20.740.880.620.870.290.79-0.210.570.350.350.80.40.050.80.89-0.64
-0.130.51-0.380.53-0.19-0.11-0.3-0.67-0.68-0.46-0.160.44-0.43-0.48-0.560.52-0.40.120.12-0.290.17-0.06-0.47-0.1-0.57
0.26-0.010.17-0.170.230.19-0.30.260.360.20.37-0.240.390.080.27-0.080.010.260.260.290.06-0.30.260.310.18
0.57-0.290.78-0.620.670.56-0.670.260.20.860.55-0.030.740.680.76-0.730.720.40.410.440.140.190.750.5-0.09
-0.17-0.550.01-0.38-0.12-0.2-0.680.360.20.06-0.1-0.480.180.290.3-0.190.06-0.49-0.49-0.03-0.05-0.350.14-0.020.81
0.77-0.130.99-0.560.820.74-0.460.20.860.060.750.130.860.690.88-0.740.90.470.480.560.370.240.930.7-0.31
0.950.180.77-0.020.840.88-0.160.370.55-0.10.750.460.890.220.8-0.180.560.490.490.810.560.010.830.76-0.54
0.570.390.170.570.480.620.44-0.24-0.03-0.480.130.460.32-0.330.290.44-0.03-0.01-0.010.610.11-0.110.30.51-0.75
0.91-0.010.85-0.330.90.87-0.430.390.740.180.860.890.320.430.94-0.420.640.340.340.780.39-0.120.930.79-0.28
0.27-0.680.66-0.680.450.29-0.480.080.680.290.690.22-0.330.430.53-0.820.80.110.11-0.030.410.360.50.350.05
0.81-0.220.87-0.340.820.79-0.560.270.760.30.880.80.290.940.53-0.460.720.120.130.780.34-0.010.970.74-0.18
-0.20.35-0.710.9-0.38-0.210.52-0.08-0.73-0.19-0.74-0.180.44-0.42-0.82-0.46-0.8-0.41-0.420.05-0.12-0.38-0.52-0.26-0.13
0.58-0.320.91-0.550.660.57-0.40.010.720.060.90.56-0.030.640.80.72-0.80.40.40.30.450.520.770.59-0.24
0.410.480.47-0.30.390.350.120.260.4-0.490.470.49-0.010.340.110.12-0.410.41.00.130.240.280.290.28-0.48
0.410.480.47-0.30.390.350.120.260.41-0.490.480.49-0.010.340.110.13-0.420.41.00.130.240.290.290.28-0.48
0.830.180.570.180.710.8-0.290.290.44-0.030.560.810.610.78-0.030.780.050.30.130.130.06-0.090.780.68-0.39
0.47-0.150.42-0.020.420.40.170.060.14-0.050.370.560.110.390.410.34-0.120.450.240.240.060.070.320.35-0.39
0.03-0.320.240.010.070.05-0.06-0.30.19-0.350.240.01-0.11-0.120.36-0.01-0.380.520.280.29-0.090.070.090.08-0.26
0.84-0.090.93-0.360.830.8-0.470.260.750.140.930.830.30.930.50.97-0.520.770.290.290.780.320.090.76-0.28
0.870.010.73-0.060.890.89-0.10.310.5-0.020.70.760.510.790.350.74-0.260.590.280.280.680.350.080.76-0.51
-0.62-0.42-0.36-0.38-0.55-0.64-0.570.18-0.090.81-0.31-0.54-0.75-0.280.05-0.18-0.13-0.24-0.48-0.48-0.39-0.39-0.26-0.28-0.51
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Shenyang Huitian Account Relationship Matchups

Shenyang Huitian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.1B5.0B5.8B5.5B5.4B3.3B
Other Current Liab899.9M199.5K757.5K1.2B617.5K586.6K
Total Current Liabilities4.4B3.6B4.9B6.1B4.4B4.6B
Total Stockholder Equity1.3B284.0M64.9M(1.9B)173.4M164.7M
Property Plant And Equipment Net2.9B3.1B3.3B3.2B3.3B1.7B
Non Current Assets Total3.8B3.5B3.6B3.5B3.6B2.0B
Non Currrent Assets Other74.8M73.9M114.3M104.0M57.0M54.2M
Liabilities And Stockholders Equity6.1B5.0B5.8B5.5B5.4B3.3B
Non Current Liabilities Total378.7M1.1B801.6M1.2B838.3M880.2M
Other Current Assets73.0M85.5M153.7M58.4M70.3M71.3M
Total Liab4.7B4.6B5.7B7.3B5.2B5.5B
Total Current Assets2.2B1.5B2.2B2.0B1.8B1.3B
Intangible Assets204.9M201.0M121.1M116.9M90.5M116.8M
Short Long Term Debt Total2.6B2.2B2.7B3.0B2.1B1.1B
Current Deferred Revenue79.1M981.4M1.5B935.9M1.1B1.2B
Net Debt2.4B2.1B2.4B2.2B1.6B1.7B
Retained Earnings112.2M(860.2M)(1.1B)(3.0B)(2.0B)(1.9B)
Accounts Payable725.8M637.1M1.2B1.3B1.3B1.4B
Cash212.5M171.0M276.5M774.3M514.7M313.4M
Cash And Short Term Investments212.5M171.0M276.5M774.3M514.7M319.2M
Net Receivables1.6B990.4M717.0M754.0M674.8M605.1M
Inventory386.4M219.7M1.1B434.3M520.2M351.3M
Other Stockholder Equity530.2M609.1M352.1M352.1M1.6B1.7B
Short Term Debt2.6B1.9B2.1B2.6B1.9B2.0B
Other Assets181.8M1.0253.9M191.8M1.151.09
Long Term Debt204.3M300.1M300M228M262.2M185.4M
Property Plant Equipment2.9B3.1B3.3B3.2B3.7B2.1B
Other Liab177.0M792.1M246.8M869.5M999.9M1.0B
Net Tangible Assets1.1B83.0M(56.2M)(2.0B)(1.8B)(1.7B)
Deferred Long Term Liab6.9M5.4M4.4M3.9M3.5M5.1M
Short Long Term Debt2.0B1.6B1.6B2.3B1.6B1.8B
Net Invested Capital3.3B2.2B2.0B631.6M2.0B2.0B
Net Working Capital(2.1B)(2.1B)(2.7B)(4.1B)(2.6B)(2.7B)

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Other Information on Investing in Shenyang Stock

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