Tianjin Reconciled Depreciation vs Cost Of Revenue Analysis

001206 Stock   17.09  0.03  0.18%   
Tianjin Yiyi financial indicator trend analysis is much more than just breaking down Tianjin Yiyi Hygiene prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Yiyi Hygiene is a good investment. Please check the relationship between Tianjin Yiyi Reconciled Depreciation and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Yiyi Hygiene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Reconciled Depreciation vs Cost Of Revenue

Reconciled Depreciation vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Yiyi Hygiene Reconciled Depreciation account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Tianjin Yiyi's Reconciled Depreciation and Cost Of Revenue is 0.9. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tianjin Yiyi Hygiene, assuming nothing else is changed. The correlation between historical values of Tianjin Yiyi's Reconciled Depreciation and Cost Of 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 Reconciled Depreciation of Tianjin Yiyi Hygiene are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Reconciled Depreciation i.e., Tianjin Yiyi's Reconciled Depreciation and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Reconciled Depreciation

Cost Of Revenue

Cost of Revenue is found on Tianjin Yiyi Hygiene income statement and represents the costs associated with goods and services Tianjin Yiyi 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.
Most indicators from Tianjin Yiyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Yiyi Hygiene 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 Tianjin Yiyi Hygiene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 36 M. The current year's Tax Provision is expected to grow to about 32.5 M
 2021 2022 2023 2024 (projected)
Interest Expense440.7K140.1K191.7K182.1K
Depreciation And Amortization37.1M35.3M40.6M32.4M

Tianjin Yiyi fundamental ratios Correlations

-0.830.310.571.00.99-0.940.950.890.960.990.610.930.94-0.510.98-0.670.940.511.0-0.830.720.92-0.680.980.86
-0.83-0.38-0.24-0.84-0.840.91-0.92-0.93-0.82-0.85-0.43-0.8-0.90.83-0.830.86-0.79-0.15-0.811.0-0.92-0.880.64-0.74-0.85
0.31-0.380.030.320.34-0.220.390.450.330.330.570.040.22-0.170.44-0.370.04-0.030.3-0.390.440.290.350.210.29
0.57-0.240.030.550.59-0.40.440.530.380.570.690.570.42-0.260.56-0.20.620.990.55-0.250.280.34-0.510.580.52
1.0-0.840.320.550.99-0.950.950.890.970.990.60.930.94-0.510.98-0.670.930.491.0-0.840.720.93-0.680.980.86
0.99-0.840.340.590.99-0.920.970.920.931.00.60.90.94-0.530.98-0.670.910.540.97-0.840.730.91-0.670.960.93
-0.940.91-0.22-0.4-0.95-0.92-0.93-0.87-0.96-0.93-0.41-0.96-0.930.65-0.930.75-0.95-0.35-0.940.91-0.79-0.930.79-0.89-0.82
0.95-0.920.390.440.950.97-0.930.950.90.980.50.850.97-0.650.94-0.790.860.370.92-0.930.830.94-0.650.90.96
0.89-0.930.450.530.890.92-0.870.950.80.920.680.810.9-0.770.89-0.780.820.440.87-0.940.870.85-0.610.820.91
0.96-0.820.330.380.970.93-0.960.90.80.930.470.910.9-0.430.96-0.660.90.340.97-0.820.680.92-0.640.940.76
0.99-0.850.330.570.991.0-0.930.980.920.930.580.90.96-0.540.97-0.690.910.510.97-0.850.740.92-0.680.960.93
0.61-0.430.570.690.60.6-0.410.50.680.470.580.450.42-0.30.62-0.250.480.640.62-0.430.40.38-0.130.580.47
0.93-0.80.040.570.930.9-0.960.850.810.910.90.450.88-0.580.9-0.641.00.530.94-0.80.680.86-0.880.910.77
0.94-0.90.220.420.940.94-0.930.970.90.90.960.420.88-0.640.89-0.80.880.350.92-0.90.820.98-0.720.920.91
-0.510.83-0.17-0.26-0.51-0.530.65-0.65-0.77-0.43-0.54-0.3-0.58-0.64-0.510.83-0.58-0.17-0.480.83-0.89-0.610.63-0.38-0.64
0.98-0.830.440.560.980.98-0.930.940.890.960.970.620.90.89-0.51-0.680.910.510.97-0.830.730.89-0.630.940.85
-0.670.86-0.37-0.2-0.67-0.670.75-0.79-0.78-0.66-0.69-0.25-0.64-0.80.83-0.68-0.62-0.1-0.640.86-0.98-0.850.53-0.57-0.7
0.94-0.790.040.620.930.91-0.950.860.820.90.910.481.00.88-0.580.91-0.620.580.94-0.790.670.85-0.880.920.79
0.51-0.15-0.030.990.490.54-0.350.370.440.340.510.640.530.35-0.170.51-0.10.580.5-0.160.180.27-0.50.530.45
1.0-0.810.30.551.00.97-0.940.920.870.970.970.620.940.92-0.480.97-0.640.940.5-0.810.690.91-0.670.980.81
-0.831.0-0.39-0.25-0.84-0.840.91-0.93-0.94-0.82-0.85-0.43-0.8-0.90.83-0.830.86-0.79-0.16-0.81-0.92-0.880.64-0.74-0.85
0.72-0.920.440.280.720.73-0.790.830.870.680.740.40.680.82-0.890.73-0.980.670.180.69-0.920.85-0.550.610.75
0.92-0.880.290.340.930.91-0.930.940.850.920.920.380.860.98-0.610.89-0.850.850.270.91-0.880.85-0.660.90.83
-0.680.640.35-0.51-0.68-0.670.79-0.65-0.61-0.64-0.68-0.13-0.88-0.720.63-0.630.53-0.88-0.5-0.670.64-0.55-0.66-0.66-0.64
0.98-0.740.210.580.980.96-0.890.90.820.940.960.580.910.92-0.380.94-0.570.920.530.98-0.740.610.9-0.660.81
0.86-0.850.290.520.860.93-0.820.960.910.760.930.470.770.91-0.640.85-0.70.790.450.81-0.850.750.83-0.640.81
Click cells to compare fundamentals

Tianjin Yiyi Account Relationship Matchups

Tianjin Yiyi fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets685.1M912.3M2.0B2.0B2.0B1.3B
Short Long Term Debt Total83.4M2.0M5.8M1.7M1.6M1.5M
Other Current Liab32.2M35.8M41.0M45.6M48.4K46.0K
Total Current Liabilities150.7M183.5M224.7M188.5M191.4M206.5M
Total Stockholder Equity517.8M712.3M1.7B1.8B1.8B1.1B
Property Plant And Equipment Net190.2M407.8M617.6M632.6M608.4M440.1M
Net Debt(110.2M)(55.8M)(212.8M)(344.3M)(309.9M)(294.4M)
Retained Earnings160.8M343.2M370.4M438.8M420.1M290.6M
Accounts Payable116.5M147.7M179.7M142.3M143.2M140.3M
Cash112.3M55.8M218.6M346.0M269.6M163.7M
Non Current Assets Total249.7M513.3M753.7M798.5M783.9M554.7M
Non Currrent Assets Other4.9M50.2M504.9M106.1M15.0M14.2M
Cash And Short Term Investments177.5M57.3M686.2M724.7M833.4M875.0M
Common Stock Shares Outstanding61.7M99.0M118.8M132.1M184.9M102.9M
Liabilities And Stockholders Equity685.1M912.3M2.0B2.0B2.3B1.2B
Non Current Liabilities Total16.7M16.5M17.5M20.3M18.6M14.9M
Inventory86.2M108.1M172.9M195.7M148.8M134.4M
Other Current Assets6.9M10.0M51.4M10.9M13.0M12.4M
Other Stockholder Equity286.2M298.3M1.3B1.2B1.4B1.5B
Total Liab167.3M200.0M242.2M208.9M210.0M226.9M
Total Current Assets435.5M399.0M1.2B1.2B1.2B779.9M
Short Term Debt83.4M2.0M4.1M613.5K552.1K524.5K
Intangible Assets52.0M52.0M50.8M49.6M48.4M51.9M

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.

Other Information on Investing in Tianjin Stock

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