Sinosteel Ebit vs Gross Profit Analysis

000928 Stock

7.10 0.21 3.05%

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

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinosteel Engineering and Ebit account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sinosteel Engineering's Ebit and Gross Profit is 0.91. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Sinosteel Engineering and, assuming nothing else is changed. The correlation between historical values of Sinosteel Engineering's Ebit and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Sinosteel Engineering and are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebit i.e., Sinosteel Engineering's Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sinosteel Engineering and minus its cost of goods sold. It is profit before Sinosteel Engineering 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.

Most indicators from Sinosteel Engineering's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinosteel Engineering and 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 Sinosteel Engineering and. 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 29, 2024, Selling General Administrative is expected to decline to about 234.2 M. In addition to that, Tax Provision is expected to decline to about 179.5 M

	2021	2022	2023	2024 (projected)
Operating Income	518.0M	862.8M	1.3B	1.3B
Total Revenue	15.9B	18.7B	26.4B	27.7B

Operating Income Total Revenue

Sinosteel Engineering fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Assets	Long Term Debt	Intangible Assets
Total Assets		0.42	0.07	1.0	0.99	-0.44	0.86	-0.96	0.96	0.99	0.96	0.92	0.9	0.96	0.57	0.58	0.69	0.8	0.81	1.0	0.99	0.04	0.92	0.75	0.42	0.44
Short Long Term Debt Total	0.42		-0.35	0.39	0.37	0.14	0.63	-0.37	0.45	0.3	0.51	0.58	0.45	0.52	0.04	0.81	0.59	0.26	0.09	0.43	0.34	0.64	0.31	0.24	0.76	0.18
Other Current Liab	0.07	-0.35		0.08	0.09	-0.38	-0.39	0.05	0.03	0.05	-0.12	-0.22	-0.26	-0.1	0.6	-0.13	0.12	-0.3	0.14	0.06	0.18	-0.31	0.27	-0.24	-0.23	0.57
Total Current Liabilities	1.0	0.39	0.08		0.98	-0.46	0.86	-0.96	0.95	0.99	0.96	0.91	0.89	0.96	0.57	0.55	0.68	0.8	0.82	1.0	0.99	0.04	0.91	0.76	0.38	0.4
Total Stockholder Equity	0.99	0.37	0.09	0.98		-0.4	0.82	-0.94	0.98	0.97	0.93	0.9	0.87	0.93	0.59	0.53	0.66	0.75	0.83	0.97	0.98	0.04	0.96	0.71	0.35	0.54
Property Plant And Equipment Net	-0.44	0.14	-0.38	-0.46	-0.4		-0.2	0.35	-0.37	-0.49	-0.28	-0.18	-0.17	-0.29	-0.75	-0.27	-0.28	-0.14	-0.36	-0.45	-0.52	0.52	-0.41	-0.11	-0.23	-0.07
Current Deferred Revenue	0.86	0.63	-0.39	0.86	0.82	-0.2		-0.91	0.86	0.83	0.95	0.97	0.96	0.94	0.17	0.69	0.57	0.88	0.56	0.87	0.78	0.2	0.69	0.81	0.59	0.12
Net Debt	-0.96	-0.37	0.05	-0.96	-0.94	0.35	-0.91		-0.95	-0.95	-0.99	-0.95	-0.96	-0.99	-0.38	-0.53	-0.58	-0.91	-0.71	-0.96	-0.92	-0.03	-0.86	-0.85	-0.37	-0.33
Retained Earnings	0.96	0.45	0.03	0.95	0.98	-0.37	0.86	-0.95		0.93	0.95	0.93	0.89	0.96	0.5	0.6	0.62	0.77	0.69	0.95	0.94	0.07	0.93	0.71	0.44	0.53
Accounts Payable	0.99	0.3	0.05	0.99	0.97	-0.49	0.83	-0.95	0.93		0.93	0.88	0.88	0.93	0.58	0.48	0.65	0.81	0.87	0.98	0.98	-0.03	0.89	0.77	0.32	0.35
Cash	0.96	0.51	-0.12	0.96	0.93	-0.28	0.95	-0.99	0.95	0.93		0.98	0.97	1.0	0.33	0.61	0.62	0.89	0.67	0.96	0.91	0.15	0.84	0.84	0.46	0.32
Non Current Assets Total	0.92	0.58	-0.22	0.91	0.9	-0.18	0.97	-0.95	0.93	0.88	0.98		0.98	0.98	0.24	0.67	0.62	0.89	0.63	0.92	0.85	0.15	0.81	0.84	0.55	0.31
Non Currrent Assets Other	0.9	0.45	-0.26	0.89	0.87	-0.17	0.96	-0.96	0.89	0.88	0.97	0.98		0.96	0.18	0.58	0.54	0.96	0.65	0.9	0.83	0.06	0.76	0.9	0.46	0.22
Cash And Short Term Investments	0.96	0.52	-0.1	0.96	0.93	-0.29	0.94	-0.99	0.96	0.93	1.0	0.98	0.96		0.34	0.61	0.62	0.88	0.67	0.96	0.91	0.16	0.85	0.83	0.45	0.34
Net Receivables	0.57	0.04	0.6	0.57	0.59	-0.75	0.17	-0.38	0.5	0.58	0.33	0.24	0.18	0.34		0.28	0.6	0.03	0.65	0.56	0.67	-0.2	0.66	0.03	0.14	0.56
Non Current Liabilities Total	0.58	0.81	-0.13	0.55	0.53	-0.27	0.69	-0.53	0.6	0.48	0.61	0.67	0.58	0.61	0.28		0.66	0.4	0.21	0.6	0.52	0.07	0.49	0.36	0.97	0.27
Inventory	0.69	0.59	0.12	0.68	0.66	-0.28	0.57	-0.58	0.62	0.65	0.62	0.62	0.54	0.62	0.6	0.66		0.38	0.61	0.7	0.69	0.2	0.63	0.43	0.53	0.41
Other Current Assets	0.8	0.26	-0.3	0.8	0.75	-0.14	0.88	-0.91	0.77	0.81	0.89	0.89	0.96	0.88	0.03	0.4	0.38		0.6	0.8	0.72	-0.04	0.61	0.94	0.31	0.03
Other Stockholder Equity	0.81	0.09	0.14	0.82	0.83	-0.36	0.56	-0.71	0.69	0.87	0.67	0.63	0.65	0.67	0.65	0.21	0.61	0.6		0.8	0.85	-0.06	0.75	0.59	0.07	0.39
Total Liab	1.0	0.43	0.06	1.0	0.97	-0.45	0.87	-0.96	0.95	0.98	0.96	0.92	0.9	0.96	0.56	0.6	0.7	0.8	0.8		0.99	0.04	0.91	0.76	0.44	0.4
Total Current Assets	0.99	0.34	0.18	0.99	0.98	-0.52	0.78	-0.92	0.94	0.98	0.91	0.85	0.83	0.91	0.67	0.52	0.69	0.72	0.85	0.99		0.0	0.93	0.68	0.35	0.47
Short Term Debt	0.04	0.64	-0.31	0.04	0.04	0.52	0.2	-0.03	0.07	-0.03	0.15	0.15	0.06	0.16	-0.2	0.07	0.2	-0.04	-0.06	0.04	0.0		0.0	-0.03	-0.01	0.06
Common Stock	0.92	0.31	0.27	0.91	0.96	-0.41	0.69	-0.86	0.93	0.89	0.84	0.81	0.76	0.85	0.66	0.49	0.63	0.61	0.75	0.91	0.93	0.0		0.56	0.3	0.68
Other Assets	0.75	0.24	-0.24	0.76	0.71	-0.11	0.81	-0.85	0.71	0.77	0.84	0.84	0.9	0.83	0.03	0.36	0.43	0.94	0.59	0.76	0.68	-0.03	0.56		0.27	0.03
Long Term Debt	0.42	0.76	-0.23	0.38	0.35	-0.23	0.59	-0.37	0.44	0.32	0.46	0.55	0.46	0.45	0.14	0.97	0.53	0.31	0.07	0.44	0.35	-0.01	0.3	0.27		0.1
Intangible Assets	0.44	0.18	0.57	0.4	0.54	-0.07	0.12	-0.33	0.53	0.35	0.32	0.31	0.22	0.34	0.56	0.27	0.41	0.03	0.39	0.4	0.47	0.06	0.68	0.03	0.1

Click cells to compare fundamentals

Sinosteel Engineering Account Relationship Matchups

Sinosteel Engineering fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.3B	19.7B	24.3B	26.7B	30.0B	31.5B
Short Long Term Debt Total	1.2B	1.7B	2.5B	2.3B	1.1B	1.2B
Other Current Liab	3.8B	154.0M	324.1M	421.8M	161.0M	153.0M
Total Current Liabilities	12.8B	13.7B	16.4B	18.1B	21.4B	22.5B
Total Stockholder Equity	5.2B	5.6B	6.2B	6.5B	7.9B	8.3B
Property Plant And Equipment Net	228.1M	205.7M	227.9M	157.9M	226.6M	372.5M
Current Deferred Revenue	256.5M	3.1B	4.7B	5.4B	5.4B	5.7B
Net Debt	(2.8B)	(3.5B)	(4.4B)	(5.9B)	(8.7B)	(8.2B)
Retained Earnings	2.0B	2.4B	2.7B	3.0B	3.4B	3.5B
Accounts Payable	7.6B	8.7B	10.3B	11.6B	15.0B	15.8B
Cash	4.0B	5.2B	6.9B	8.2B	9.7B	10.2B
Non Current Assets Total	2.8B	3.8B	6.3B	7.6B	7.9B	8.3B
Non Currrent Assets Other	969.1M	1.8B	3.9B	5.1B	6.4B	6.7B
Cash And Short Term Investments	4.5B	5.6B	6.9B	8.2B	9.7B	10.2B
Net Receivables	9.4B	8.6B	8.1B	7.1B	6.9B	3.5B
Liabilities And Stockholders Equity	18.3B	19.7B	24.3B	26.7B	30.0B	31.5B
Non Current Liabilities Total	311.2M	284.5M	1.6B	1.7B	387.0M	272.1M
Inventory	1.6B	1.5B	2.0B	2.4B	2.1B	1.2B
Other Current Assets	105.3M	154.3M	930.4M	1.5B	2.6B	2.7B
Other Stockholder Equity	1.7B	1.7B	1.9B	1.9B	2.7B	2.8B
Total Liab	13.1B	14.0B	18.0B	19.9B	21.8B	22.9B
Total Current Assets	15.5B	15.9B	18.0B	19.1B	22.1B	23.2B
Short Term Debt	1.1B	1.7B	1.1B	769.5M	875.8M	974.6M
Intangible Assets	247.5M	155.0M	174.2M	135.8M	130.2M	119.9M
Property Plant Equipment	228.1M	205.7M	227.9M	157.9M	142.1M	135.0M
Other Liab	161.1M	156.9M	160.5M	200.8M	230.9M	242.4M
Short Term Investments	467.0M	373.6M	16.7M	12.6M	11.1M	10.6M
Net Tangible Assets	4.9B	5.5B	6.0B	6.4B	7.4B	5.3B
Deferred Long Term Liab	4.7M	1.4M	5.5M	7.6M	8.8M	4.5M
Short Long Term Debt	1.1B	1.4B	772.6M	640.8M	370.0M	351.5M
Non Current Liabilities Other	263.8K	801.0K	1.1M	14.9M	36.3M	21.0M
Net Invested Capital	6.3B	7.1B	8.3B	8.7B	8.4B	7.7B
Net Working Capital	2.7B	2.2B	1.6B	976.1M	657.2M	624.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Other Information on Investing in Sinosteel Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Sinosteel Ebit vs Gross Profit Analysis

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebit

Gross Profit

Sinosteel Engineering fundamental ratios Correlations

Sinosteel Engineering Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sinosteel Engineering fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Sinosteel Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Total Liab	- 0.96	Net Debt
Non Currrent Assets Other	- 0.96	Net Debt
Net Debt	- 0.96	Total Current Liabilities
Net Debt	- 0.96	Total Assets