Changchun Interest Income vs Cost Of Revenue Analysis

002338 Stock   40.64  0.62  1.50%   
Changchun financial indicator trend analysis is way more than just evaluating Changchun UP Optotech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changchun UP Optotech is a good investment. Please check the relationship between Changchun Interest Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Changchun UP Optotech. 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.

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Changchun UP Optotech Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Changchun's Interest Income and Cost Of Revenue is -0.46. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Changchun UP Optotech, assuming nothing else is changed. The correlation between historical values of Changchun's Interest Income 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 Interest Income of Changchun UP Optotech 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 Interest Income i.e., Changchun's Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Cost Of Revenue

Cost of Revenue is found on Changchun UP Optotech income statement and represents the costs associated with goods and services Changchun 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 Changchun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changchun UP Optotech 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 Changchun UP Optotech. 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 Selling General Administrative is expected to grow to about 45.7 M, whereas Tax Provision is forecasted to decline to about 2.3 M.
 2021 2022 2023 2024 (projected)
Operating Income58.6M54.8M96.3M50.6M
Total Revenue546.8M627.1M773.5M812.1M

Changchun fundamental ratios Correlations

-0.280.910.730.940.670.720.220.810.750.410.92-0.190.910.760.540.960.630.64-0.520.540.850.83-0.660.92-0.19
-0.28-0.14-0.22-0.14-0.370.090.19-0.52-0.22-0.31-0.420.11-0.130.03-0.46-0.24-0.60.170.63-0.47-0.14-0.020.49-0.11-0.18
0.91-0.140.460.990.380.560.320.640.750.10.74-0.531.00.70.270.890.450.54-0.290.320.870.84-0.530.99-0.36
0.73-0.220.460.540.930.830.180.690.480.70.80.350.460.520.810.660.630.57-0.60.730.680.7-0.620.490.11
0.94-0.140.990.540.460.630.290.690.750.170.8-0.420.990.730.350.920.470.63-0.360.390.880.87-0.581.0-0.35
0.67-0.370.380.930.460.84-0.130.780.570.590.850.430.40.380.910.560.780.62-0.760.880.640.66-0.690.430.27
0.720.090.560.830.630.84-0.010.650.630.370.790.330.580.560.680.650.540.84-0.530.660.760.83-0.550.620.04
0.220.190.320.180.29-0.13-0.01-0.10.060.0-0.08-0.440.280.14-0.240.19-0.13-0.20.29-0.270.30.210.090.25-0.19
0.81-0.520.640.690.690.780.65-0.10.630.440.90.080.650.520.630.720.730.57-0.670.650.670.64-0.560.66-0.03
0.75-0.220.750.480.750.570.630.060.63-0.10.77-0.240.750.380.460.640.750.54-0.490.550.780.73-0.730.740.3
0.41-0.310.10.70.170.590.370.00.44-0.10.470.40.10.510.540.470.270.12-0.30.370.20.2-0.190.11-0.17
0.92-0.420.740.80.80.850.79-0.080.90.770.470.070.750.630.740.860.80.7-0.730.750.770.77-0.740.770.03
-0.190.11-0.530.35-0.420.430.33-0.440.08-0.240.40.07-0.5-0.10.39-0.230.090.29-0.320.29-0.31-0.20.01-0.440.4
0.91-0.131.00.460.990.40.580.280.650.750.10.75-0.50.710.290.90.440.59-0.30.340.880.86-0.541.0-0.37
0.760.030.70.520.730.380.560.140.520.380.510.63-0.10.710.180.870.10.46-0.080.080.590.61-0.270.71-0.37
0.54-0.460.270.810.350.910.68-0.240.630.460.540.740.390.290.180.430.790.51-0.790.970.520.55-0.780.320.27
0.96-0.240.890.660.920.560.650.190.720.640.470.86-0.230.90.870.430.480.56-0.40.40.790.77-0.570.89-0.29
0.63-0.60.450.630.470.780.54-0.130.730.750.270.80.090.440.10.790.480.38-0.80.860.570.5-0.730.430.4
0.640.170.540.570.630.620.84-0.20.570.540.120.70.290.590.460.510.560.38-0.530.560.580.72-0.50.65-0.11
-0.520.63-0.29-0.6-0.36-0.76-0.530.29-0.67-0.49-0.3-0.73-0.32-0.3-0.08-0.79-0.4-0.8-0.53-0.83-0.39-0.40.75-0.34-0.27
0.54-0.470.320.730.390.880.66-0.270.650.550.370.750.290.340.080.970.40.860.56-0.830.550.58-0.790.370.29
0.85-0.140.870.680.880.640.760.30.670.780.20.77-0.310.880.590.520.790.570.58-0.390.550.97-0.610.88-0.18
0.83-0.020.840.70.870.660.830.210.640.730.20.77-0.20.860.610.550.770.50.72-0.40.580.97-0.630.88-0.22
-0.660.49-0.53-0.62-0.58-0.69-0.550.09-0.56-0.73-0.19-0.740.01-0.54-0.27-0.78-0.57-0.73-0.50.75-0.79-0.61-0.63-0.56-0.29
0.92-0.110.990.491.00.430.620.250.660.740.110.77-0.441.00.710.320.890.430.65-0.340.370.880.88-0.56-0.37
-0.19-0.18-0.360.11-0.350.270.04-0.19-0.030.3-0.170.030.4-0.37-0.370.27-0.290.4-0.11-0.270.29-0.18-0.22-0.29-0.37
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Changchun Account Relationship Matchups

Changchun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B1.2B1.9B2.2B2.3B
Other Current Liab27.0M23.2M41.4M107.6M8.4M8.0M
Total Current Liabilities82.9M72.9M102.7M312.4M412.2M432.8M
Total Stockholder Equity848.7M892.1M962.5M1.1B1.2B733.5M
Other Liab31.1M34.1M39.4M168.5M193.7M203.4M
Retained Earnings358.2M392.2M426.3M463.8M474.7M255.4M
Accounts Payable42.3M41.9M54.1M96.7M64.0M35.0M
Cash127.4M146.8M136.4M137.0M315.1M193.4M
Other Assets27.2M19.3M28.0M32.6M37.5M39.4M
Long Term Debt8.5M7.9M1.2M98.7M114.2M119.9M
Net Receivables255.6M166.4M233.0M214.3M268.8M199.6M
Inventory264.6M290.8M332.7M422.2M424.0M445.2M
Other Current Assets82.7M84.9M94.2M96.7M347.2K329.8K
Total Liab115.2M107.0M146.3M585.3M711.2M746.7M
Intangible Assets16.4M19.0M16.7M63.7M56.9M59.8M
Property Plant Equipment176.8M183.3M191.4M326.8M375.8M394.6M
Net Tangible Assets831.9M868.2M945.5M778.6M895.4M879.0M
Deferred Long Term Liab1.0M777.0K986.3K1.1M1.0M910.3K
Total Current Assets731.9M743.4M806.2M991.9M1.2B881.4M
Non Current Assets Total308.5M340.1M390.0M939.1M1.0B527.5M
Non Currrent Assets Other18.0M5.7M12.3M9.7M5.0M8.8M
Non Current Liabilities Total32.4M34.1M43.6M272.9M299.0M313.9M
Other Stockholder Equity19.5K3.0M1.6M(359.0K)(412.8K)(392.2K)
Net Invested Capital848.7M892.1M962.5M1.3B1.5B1.1B
Net Working Capital649.1M670.4M703.5M679.5M756.9M737.9M

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Other Information on Investing in Changchun Stock

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