Guangdong Net Interest Income vs Cost Of Revenue Analysis

002446 Stock   7.36  0.23  3.23%   
Guangdong Shenglu financial indicator trend analysis is much more than just examining Guangdong Shenglu latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Shenglu is a good investment. Please check the relationship between Guangdong Shenglu Net 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 Guangdong Shenglu Telecommunication. 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.

Net Interest Income vs Cost Of Revenue

Net 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 Guangdong Shenglu Net Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangdong Shenglu's Net Interest Income and Cost Of Revenue is -0.44. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Guangdong Shenglu Telecommunication, assuming nothing else is changed. The correlation between historical values of Guangdong Shenglu's Net 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 Net Interest Income of Guangdong Shenglu Telecommunication 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 Net Interest Income i.e., Guangdong Shenglu's Net Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Cost Of Revenue

Cost of Revenue is found on Guangdong Shenglu income statement and represents the costs associated with goods and services Guangdong Shenglu 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 Guangdong Shenglu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Shenglu 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 Guangdong Shenglu Telecommunication. 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 98.7 M. The current year's Tax Provision is expected to grow to about 20.6 M
 2021 2022 2023 2024 (projected)
Operating Income64.9M293.4M165.9M98.1M
Total Revenue962.1M1.4B1.2B869.1M

Guangdong Shenglu fundamental ratios Correlations

0.620.930.960.890.170.920.90.660.920.910.910.880.360.850.650.780.310.590.530.850.62-0.620.520.830.43
0.620.790.440.710.10.540.760.40.620.440.50.80.450.340.070.490.160.060.810.650.69-0.270.660.470.62
0.930.790.810.910.110.910.910.690.920.850.880.960.380.760.570.720.270.450.740.890.73-0.610.640.790.6
0.960.440.810.770.080.890.810.680.830.90.890.710.320.870.680.70.230.710.350.740.41-0.60.270.80.24
0.890.710.910.770.430.780.790.450.940.710.840.920.180.630.460.920.590.220.730.720.72-0.450.660.560.67
0.170.10.110.080.43-0.050.04-0.510.32-0.10.110.29-0.09-0.14-0.140.640.93-0.490.24-0.050.410.230.49-0.270.45
0.920.540.910.890.78-0.050.820.750.870.980.930.820.310.830.670.640.150.630.480.820.56-0.580.410.840.3
0.90.760.910.810.790.040.820.690.770.820.790.890.380.790.560.60.10.540.640.920.66-0.690.630.870.55
0.660.40.690.680.45-0.510.750.690.550.750.690.520.310.870.810.17-0.360.820.420.760.18-0.840.080.830.23
0.920.620.920.830.940.320.870.770.550.810.870.890.330.670.570.820.480.340.620.730.7-0.480.590.620.55
0.910.440.850.90.71-0.10.980.820.750.810.910.760.320.860.720.580.070.730.380.810.53-0.630.360.90.25
0.910.50.880.890.840.110.930.790.690.870.910.770.20.820.660.720.330.560.610.710.54-0.570.340.740.49
0.880.80.960.710.920.290.820.890.520.890.760.770.350.640.480.770.380.280.720.880.84-0.550.830.710.67
0.360.450.380.320.18-0.090.310.380.310.330.320.20.350.250.160.04-0.180.20.240.380.27-0.250.270.360.16
0.850.340.760.870.63-0.140.830.790.870.670.860.820.640.250.890.51-0.010.810.380.830.26-0.860.240.880.27
0.650.070.570.680.46-0.140.670.560.810.570.720.660.480.160.890.32-0.070.770.240.70.21-0.890.170.740.24
0.780.490.720.70.920.640.640.60.170.820.580.720.770.040.510.320.790.050.50.520.57-0.240.590.350.49
0.310.160.270.230.590.930.150.1-0.360.480.070.330.38-0.18-0.01-0.070.79-0.410.340.010.40.20.43-0.20.47
0.590.060.450.710.22-0.490.630.540.820.340.730.560.280.20.810.770.05-0.41-0.010.610.03-0.75-0.140.84-0.1
0.530.810.740.350.730.240.480.640.420.620.380.610.720.240.380.240.50.34-0.010.530.65-0.350.560.350.87
0.850.650.890.740.72-0.050.820.920.760.730.810.710.880.380.830.70.520.010.610.530.61-0.810.660.910.45
0.620.690.730.410.720.410.560.660.180.70.530.540.840.270.260.210.570.40.030.650.61-0.240.850.480.69
-0.62-0.27-0.61-0.6-0.450.23-0.58-0.69-0.84-0.48-0.63-0.57-0.55-0.25-0.86-0.89-0.240.2-0.75-0.35-0.81-0.24-0.3-0.81-0.4
0.520.660.640.270.660.490.410.630.080.590.360.340.830.270.240.170.590.43-0.140.560.660.85-0.30.380.66
0.830.470.790.80.56-0.270.840.870.830.620.90.740.710.360.880.740.35-0.20.840.350.910.48-0.810.380.26
0.430.620.60.240.670.450.30.550.230.550.250.490.670.160.270.240.490.47-0.10.870.450.69-0.40.660.26
Click cells to compare fundamentals

Guangdong Shenglu Account Relationship Matchups

Guangdong Shenglu fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.5B3.9B3.9B4.1B4.3B2.7B
Other Current Liab427.7M170.7M56.6M76.8M162.7K154.6K
Total Current Liabilities1.4B670.2M865.0M808.1M818.9M606.0M
Total Stockholder Equity2.8B3.0B2.9B3.1B3.2B1.9B
Other Liab214.8M83.1M105.9M109.4M125.9M88.5M
Retained Earnings(154.9M)26.3M(185.9M)57.8M42.3M40.2M
Accounts Payable628.6M413.3M710.5M618.8M514.8M390.4M
Cash1.1B925.5M754.7M637.8M863.8M555.5M
Other Assets345.2M151.1M214.1M214.9M247.2M259.5M
Net Receivables885.4M403.6M696.2M723.0M705.6M537.7M
Inventory516.3M392.5M728.7M595.7M591.9M316.6M
Other Current Assets40.6M19.1M39.4M31.9M34.8M20.4M
Total Liab1.7B839.8M1.0B968.1M1.0B783.5M
Intangible Assets245.7M175.0M159.9M149.2M133.0M112.5M
Common Stock897.1M908.8M908.4M912.9M1.0B1.1B
Property Plant Equipment361.6M246.0M359.7M526.5M605.4M635.7M
Good Will1.2B1.6B877.1M858.4M755.0M791.7M
Net Tangible Assets1.7B2.0B1.8B2.1B2.5B1.7B
Deferred Long Term Liab50.5M9.5M11.5M14.5M13.0M18.6M
Total Current Assets2.6B2.4B2.2B2.3B2.5B2.4B
Non Current Assets Total1.9B1.5B1.6B1.8B1.8B1.4B
Non Currrent Assets Other9.1M13.7M18.0M15.8M132.6K126.0K
Non Current Liabilities Total345.0M169.6M155.4M160.0M230.2M257.0M
Short Long Term Debt150M170M156.2M54.9M122.5M97.9M
Common Stock Shares Outstanding897.1M908.8M909.4M913.3M914.1M953.4M
Net Invested Capital3.1B3.1B2.9B3.2B3.5B3.5B
Net Working Capital1.3B1.7B1.4B1.5B1.7B1.6B
Long Term Debt130.2M86.5M48.3M49.8M135.6M181.0M
Other Stockholder Equity13.8M12.0M13.9M15.2M13.7M13.0M
Capital Stock897.1M908.8M908.4M912.9M914.0M972.3M

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 Guangdong Stock

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