Guangzhou Cost Of Revenue vs Operating Income Analysis

002465 Stock   12.80  0.50  4.07%   
Guangzhou Haige financial indicator trend analysis is much more than just examining Guangzhou Haige Comm latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Haige Comm is a good investment. Please check the relationship between Guangzhou Haige Cost Of Revenue and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Haige Communications. 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 Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Haige Comm Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Haige's Cost Of Revenue and Operating Income is 0.81. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Guangzhou Haige Communications, assuming nothing else is changed. The correlation between historical values of Guangzhou Haige's Cost Of Revenue and Operating Income 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 Guangzhou Haige Communications are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Guangzhou Haige's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Guangzhou Haige Comm income statement and represents the costs associated with goods and services Guangzhou Haige 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.

Operating Income

Operating Income is the amount of profit realized from Guangzhou Haige Comm operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Guangzhou Haige Communications is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Guangzhou Haige's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Haige Comm 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 Guangzhou Haige Communications. 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 313.6 M, whereas Tax Provision is projected to grow to (20 M).
 2021 2022 2023 2024 (projected)
Operating Income789.6M796.5M770.7M487.3M
Total Revenue5.5B5.6B6.4B3.4B

Guangzhou Haige fundamental ratios Correlations

0.130.760.980.830.980.750.480.710.820.86-0.170.790.10.920.81-0.51-0.430.87-0.29-0.38-0.120.820.740.32-0.48
0.13-0.070.090.070.28-0.17-0.51-0.08-0.050.460.220.010.20.330.32-0.20.310.020.520.230.1-0.16-0.210.150.16
0.76-0.070.70.840.720.970.70.760.970.66-0.250.990.130.660.6-0.58-0.650.74-0.6-0.55-0.090.820.790.26-0.66
0.980.090.70.820.970.720.520.730.790.81-0.20.72-0.020.890.78-0.48-0.420.89-0.23-0.4-0.190.810.740.33-0.49
0.830.070.840.820.850.830.580.840.880.75-0.290.85-0.050.780.65-0.62-0.630.81-0.45-0.49-0.090.730.770.38-0.39
0.980.280.720.970.850.710.40.720.790.9-0.170.750.060.930.81-0.58-0.420.87-0.19-0.37-0.150.750.70.37-0.46
0.75-0.170.970.720.830.710.810.840.950.56-0.320.950.00.590.49-0.51-0.780.8-0.59-0.71-0.250.880.870.32-0.62
0.48-0.510.70.520.580.40.810.710.730.17-0.410.64-0.240.240.14-0.15-0.750.6-0.6-0.69-0.30.740.750.17-0.45
0.71-0.080.760.730.840.720.840.710.780.48-0.320.72-0.250.510.33-0.55-0.810.91-0.37-0.8-0.490.830.940.48-0.39
0.82-0.050.970.790.880.790.950.730.780.69-0.230.960.080.730.67-0.55-0.610.79-0.55-0.52-0.160.830.770.19-0.67
0.860.460.660.810.750.90.560.170.480.69-0.080.730.290.940.85-0.54-0.140.64-0.11-0.090.140.490.470.33-0.43
-0.170.22-0.25-0.2-0.29-0.17-0.32-0.41-0.32-0.23-0.08-0.180.76-0.210.050.470.29-0.330.310.21-0.04-0.34-0.39-0.160.26
0.790.010.990.720.850.750.950.640.720.960.73-0.180.240.720.65-0.54-0.610.72-0.56-0.51-0.070.780.740.26-0.6
0.10.20.13-0.02-0.050.060.0-0.24-0.250.080.290.760.240.120.280.240.19-0.21-0.010.220.19-0.16-0.21-0.15-0.02
0.920.330.660.890.780.930.590.240.510.730.94-0.210.720.120.91-0.56-0.180.7-0.17-0.120.070.60.510.26-0.46
0.810.320.60.780.650.810.490.140.330.670.850.050.650.280.91-0.40.010.52-0.150.070.210.460.30.11-0.54
-0.51-0.2-0.58-0.48-0.62-0.58-0.51-0.15-0.55-0.55-0.540.47-0.540.24-0.56-0.40.3-0.670.230.22-0.01-0.55-0.53-0.290.5
-0.430.31-0.65-0.42-0.63-0.42-0.78-0.75-0.81-0.61-0.140.29-0.610.19-0.180.010.3-0.640.530.890.49-0.71-0.8-0.330.16
0.870.020.740.890.810.870.80.60.910.790.64-0.330.72-0.210.70.52-0.67-0.64-0.26-0.65-0.430.920.90.42-0.5
-0.290.52-0.6-0.23-0.45-0.19-0.59-0.6-0.37-0.55-0.110.31-0.56-0.01-0.17-0.150.230.53-0.260.18-0.24-0.45-0.530.340.29
-0.380.23-0.55-0.4-0.49-0.37-0.71-0.69-0.8-0.52-0.090.21-0.510.22-0.120.070.220.89-0.650.180.74-0.7-0.75-0.550.22
-0.120.1-0.09-0.19-0.09-0.15-0.25-0.3-0.49-0.160.14-0.04-0.070.190.070.21-0.010.49-0.43-0.240.74-0.37-0.4-0.240.08
0.82-0.160.820.810.730.750.880.740.830.830.49-0.340.78-0.160.60.46-0.55-0.710.92-0.45-0.7-0.370.90.31-0.52
0.74-0.210.790.740.770.70.870.750.940.770.47-0.390.74-0.210.510.3-0.53-0.80.9-0.53-0.75-0.40.90.36-0.42
0.320.150.260.330.380.370.320.170.480.190.33-0.160.26-0.150.260.11-0.29-0.330.420.34-0.55-0.240.310.36-0.06
-0.480.16-0.66-0.49-0.39-0.46-0.62-0.45-0.39-0.67-0.430.26-0.6-0.02-0.46-0.540.50.16-0.50.290.220.08-0.52-0.42-0.06
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Guangzhou Haige Account Relationship Matchups

Guangzhou Haige fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.1B14.0B14.8B15.2B19.4B10.0B
Other Current Liab537.8M651.9M1.1B66.6M140.2M133.2M
Total Current Liabilities2.3B2.9B3.2B3.4B5.3B5.6B
Total Stockholder Equity9.6B9.9B10.3B10.7B12.9B7.0B
Other Liab318.9M569.7M515.5M495.1M569.3M597.8M
Retained Earnings2.5B2.8B3.2B2.9B3.2B1.8B
Accounts Payable1.1B1.8B2.0B2.2B3.4B3.6B
Cash1.9B2.1B2.6B2.7B4.6B4.8B
Other Assets204.6M2.3B2.4B2.4B2.8B2.9B
Net Receivables3.1B2.6B3.7B3.4B5.3B5.6B
Inventory1.7B1.9B1.9B1.6B1.6B1.3B
Other Current Assets228.6M132.7M143.0M51.6M46.8M44.5M
Total Liab3.0B3.5B3.9B4.0B5.9B6.2B
Intangible Assets241.8M217.1M194.5M327.1M308.3M381.7M
Common Stock2.3B2.3B2.3B2.3B2.7B1.4B
Property Plant Equipment1.7B1.3B1.3B1.4B1.6B1.1B
Long Term Debt199M176M153M130M219.6M229.2M
Good Will1.3B1.2B1.2B1.1B1.1B1.0B
Net Tangible Assets6.5B8.1B8.5B9.0B10.3B7.5B
Short Term Investments931.4M1.7B1.0B332M270.5M257.0M
Deferred Long Term Liab85.8M83.7M69.8M76.1M68.5M67.2M
Total Current Assets7.9B8.8B9.4B9.4B13.2B9.3B
Non Current Assets Total5.2B5.3B5.4B5.8B6.2B5.6B
Non Currrent Assets Other42.6M1.5B185.0M137.6M229.9M302.2M
Non Current Liabilities Total768.7M691.5M660.9M565.6M615.0M511.6M
Short Long Term Debt512.3M258.1M15M319M1.3B1.3B
Net Invested Capital10.3B10.4B10.5B11.1B14.3B11.8B
Net Working Capital5.6B5.9B6.1B6.0B7.9B6.5B

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Other Information on Investing in Guangzhou Stock

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