Shandong Cost Of Revenue vs Net Income From Continuing Ops Analysis

002476 Stock

4.34 0.06 1.40%

Shandong Polymer financial indicator trend analysis is much more than just breaking down Shandong Polymer Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Polymer Bio is a good investment. Please check the relationship between Shandong Polymer Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Polymer Biochemicals. 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 Net Income From Continuing Ops

Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Polymer Bio Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.

The correlation between Shandong Polymer's Cost Of Revenue and Net Income From Continuing Ops is 0.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Shandong Polymer Biochemicals, assuming nothing else is changed. The correlation between historical values of Shandong Polymer's Cost Of Revenue and Net Income From Continuing Ops 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 Shandong Polymer Biochemicals are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Shandong Polymer's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

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Cost Of Revenue

Cost of Revenue is found on Shandong Polymer Bio income statement and represents the costs associated with goods and services Shandong Polymer 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.

Net Income From Continuing Ops

Most indicators from Shandong Polymer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Polymer Bio 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 Shandong Polymer Biochemicals. 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 Tax Provision is expected to grow to about 5.1 M, whereas Selling General Administrative is forecasted to decline to about 13.7 M.

	2022	2023	2024	2025 (projected)
Gross Profit	129.6M	65.1M	58.6M	76.5M
Total Revenue	592.3M	387.3M	348.6M	442.4M

Gross Profit Total Revenue

Shandong Polymer 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	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.1	-0.17	0.38	0.85	0.78	0.19	0.01	0.48	0.58	0.03	0.87	0.14	0.73	0.03	0.72	0.7	-0.4	0.42	0.28	0.49	0.78	-0.12	0.66	0.63	0.79
Short Long Term Debt Total	0.1		-0.05	0.55	-0.21	0.58	0.04	0.52	0.39	0.42	-0.4	0.47	-0.24	0.63	-0.4	-0.07	-0.44	-0.3	0.31	0.0	0.61	-0.41	0.78	0.56	-0.33	0.56
Other Current Liab	-0.17	-0.05		-0.06	-0.14	-0.21	-0.11	-0.15	-0.14	0.0	0.04	-0.31	-0.5	0.03	0.04	-0.04	-0.09	-0.12	0.38	0.0	-0.04	0.07	-0.03	0.06	-0.03	-0.23
Total Current Liabilities	0.38	0.55	-0.06		-0.11	0.62	0.08	0.59	0.22	0.88	-0.48	0.57	-0.22	0.74	-0.48	0.46	-0.22	-0.38	0.14	-0.44	0.88	-0.01	0.4	0.39	0.12	0.59
Total Stockholder Equity	0.85	-0.21	-0.14	-0.11		0.44	0.25	-0.31	0.47	0.15	0.27	0.57	0.26	0.36	0.27	0.58	0.86	-0.23	0.42	0.52	0.0	0.89	-0.34	0.42	0.62	0.46
Property Plant And Equipment Net	0.78	0.58	-0.21	0.62	0.44		0.14	0.36	0.51	0.72	-0.27	0.94	-0.1	0.85	-0.27	0.5	0.22	-0.54	0.44	0.13	0.76	0.27	0.33	0.75	0.24	1.0
Current Deferred Revenue	0.19	0.04	-0.11	0.08	0.25	0.14		-0.13	0.44	-0.12	0.11	0.05	-0.15	0.21	0.11	0.17	0.04	-0.3	0.29	0.18	-0.04	0.29	-0.15	0.23	-0.02	0.14
Net Debt	0.01	0.52	-0.15	0.59	-0.31	0.36	-0.13		0.41	0.54	-0.96	0.34	-0.05	0.41	-0.96	0.36	-0.49	0.2	0.18	-0.34	0.44	-0.4	0.69	-0.04	-0.3	0.36
Retained Earnings	0.48	0.39	-0.14	0.22	0.47	0.51	0.44	0.41		0.32	-0.49	0.47	-0.11	0.47	-0.49	0.62	0.01	-0.19	0.53	0.48	0.1	0.3	0.44	0.29	-0.19	0.53
Accounts Payable	0.58	0.42	0.0	0.88	0.15	0.72	-0.12	0.54	0.32		-0.47	0.7	-0.12	0.77	-0.47	0.63	0.01	-0.33	0.23	-0.19	0.82	0.21	0.33	0.44	0.19	0.7
Cash	0.03	-0.4	0.04	-0.48	0.27	-0.27	0.11	-0.96	-0.49	-0.47		-0.24	0.11	-0.32	1.0	-0.41	0.51	-0.24	-0.26	0.23	-0.29	0.35	-0.68	0.15	0.36	-0.28
Non Current Assets Total	0.87	0.47	-0.31	0.57	0.57	0.94	0.05	0.34	0.47	0.7	-0.24		0.16	0.85	-0.24	0.54	0.42	-0.38	0.41	0.08	0.72	0.37	0.22	0.71	0.45	0.95
Non Currrent Assets Other	0.14	-0.24	-0.5	-0.22	0.26	-0.1	-0.15	-0.05	-0.11	-0.12	0.11	0.16		-0.16	0.11	-0.09	0.43	0.43	-0.18	-0.09	-0.25	0.07	-0.21	-0.19	0.32	-0.06
Other Assets	0.73	0.63	0.03	0.74	0.36	0.85	0.21	0.41	0.47	0.77	-0.32	0.85	-0.16		-0.32	0.51	0.16	-0.41	0.56	0.0	0.83	0.3	0.34	0.77	0.31	0.85
Cash And Short Term Investments	0.03	-0.4	0.04	-0.48	0.27	-0.27	0.11	-0.96	-0.49	-0.47	1.0	-0.24	0.11	-0.32		-0.41	0.51	-0.24	-0.26	0.23	-0.29	0.35	-0.68	0.15	0.36	-0.28
Net Receivables	0.72	-0.07	-0.04	0.46	0.58	0.5	0.17	0.36	0.62	0.63	-0.41	0.54	-0.09	0.51	-0.41		0.32	-0.16	0.29	0.18	0.33	0.68	0.03	0.22	0.28	0.5
Common Stock Shares Outstanding	0.7	-0.44	-0.09	-0.22	0.86	0.22	0.04	-0.49	0.01	0.01	0.51	0.42	0.43	0.16	0.51	0.32		-0.1	0.19	0.23	-0.04	0.8	-0.61	0.29	0.84	0.24
Inventory	-0.4	-0.3	-0.12	-0.38	-0.23	-0.54	-0.3	0.2	-0.19	-0.33	-0.24	-0.38	0.43	-0.41	-0.24	-0.16	-0.1		-0.35	0.02	-0.39	-0.27	0.03	-0.54	-0.21	-0.5
Other Current Assets	0.42	0.31	0.38	0.14	0.42	0.44	0.29	0.18	0.53	0.23	-0.26	0.41	-0.18	0.56	-0.26	0.29	0.19	-0.35		0.14	0.15	0.27	0.25	0.37	0.23	0.45
Other Stockholder Equity	0.28	0.0	0.0	-0.44	0.52	0.13	0.18	-0.34	0.48	-0.19	0.23	0.08	-0.09	0.0	0.23	0.18	0.23	0.02	0.14		-0.3	0.42	0.04	0.27	-0.25	0.15
Total Liab	0.49	0.61	-0.04	0.88	0.0	0.76	-0.04	0.44	0.1	0.82	-0.29	0.72	-0.25	0.83	-0.29	0.33	-0.04	-0.39	0.15	-0.3		0.02	0.31	0.67	0.25	0.74
Total Current Assets	0.78	-0.41	0.07	-0.01	0.89	0.27	0.29	-0.4	0.3	0.21	0.35	0.37	0.07	0.3	0.35	0.68	0.8	-0.27	0.27	0.42	0.02		-0.5	0.34	0.62	0.28
Short Term Debt	-0.12	0.78	-0.03	0.4	-0.34	0.33	-0.15	0.69	0.44	0.33	-0.68	0.22	-0.21	0.34	-0.68	0.03	-0.61	0.03	0.25	0.04	0.31	-0.5		0.04	-0.56	0.32
Intangible Assets	0.66	0.56	0.06	0.39	0.42	0.75	0.23	-0.04	0.29	0.44	0.15	0.71	-0.19	0.77	0.15	0.22	0.29	-0.54	0.37	0.27	0.67	0.34	0.04		0.28	0.74
Common Stock	0.63	-0.33	-0.03	0.12	0.62	0.24	-0.02	-0.3	-0.19	0.19	0.36	0.45	0.32	0.31	0.36	0.28	0.84	-0.21	0.23	-0.25	0.25	0.62	-0.56	0.28		0.25
Property Plant Equipment	0.79	0.56	-0.23	0.59	0.46	1.0	0.14	0.36	0.53	0.7	-0.28	0.95	-0.06	0.85	-0.28	0.5	0.24	-0.5	0.45	0.15	0.74	0.28	0.32	0.74	0.25

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Shandong Polymer Account Relationship Matchups

Shandong Polymer fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.0B	992.4M	1.0B	964.2M	1.1B	1.1B
Short Long Term Debt Total	43.1M	1.6M	11.4M	21.9M	19.7M	18.7M
Other Current Liab	502.6K	12.0M	22.8M	180.1K	207.1K	196.7K
Total Current Liabilities	108.5M	150.7M	169.1M	85.8M	77.3M	127.8M
Total Stockholder Equity	822.0M	840.0M	869.6M	877.1M	1.0B	852.9M
Property Plant And Equipment Net	390.0M	200.8M	182.4M	156.4M	179.9M	353.5M
Current Deferred Revenue	6.4M	74.1M	351.7K	18.8M	21.6M	25.2M
Net Debt	(318.8M)	(399.4M)	(294.2M)	(245.2M)	(220.7M)	(231.7M)
Retained Earnings	(18.5M)	(532.3K)	29.1M	33.4M	30.1M	28.6M
Accounts Payable	58.5M	63.1M	134.6M	45.0M	51.8M	99.3M
Cash	361.8M	401.0M	305.6M	267.1M	307.1M	283.2M
Non Current Assets Total	441.1M	237.3M	278.2M	347.3M	399.3M	441.3M
Non Currrent Assets Other	1.2M	10.8M	359.8K	101.3M	116.5M	122.3M
Cash And Short Term Investments	361.8M	401.0M	305.6M	267.1M	307.1M	283.2M
Net Receivables	127.9M	248.1M	365.1M	207.0M	238.1M	241.2M
Liabilities And Stockholders Equity	1.0B	992.4M	1.0B	964.2M	1.1B	1.1B
Inventory	65.7M	82.0M	84.5M	140.0M	161.0M	91.9M
Other Current Assets	13.5M	24.1M	6.6M	2.8M	3.2M	3.1M
Total Liab	188.0M	152.4M	170.4M	87.1M	100.2M	95.2M
Total Current Assets	568.9M	755.1M	761.7M	616.9M	709.4M	649.6M
Short Term Debt	43.1M	1.4M	11.4M	21.9M	19.7M	18.7M
Intangible Assets	11.3M	10.7M	10.2M	9.0M	10.3M	9.8M
Property Plant Equipment	240.2M	390.0M	200.8M	182.4M	209.8M	367.8M
Non Current Liabilities Total	79.6M	1.7M	1.3M	1.2M	1.1M	1.1M
Other Liab	2.0M	1.7M	1.5M	1.3M	1.1M	1.1M
Short Term Investments	(18.6M)	0.0	311.1K	(2.0)	(1.8)	(1.89)
Net Tangible Assets	796.9M	810.7M	829.3M	859.4M	773.5M	684.3M
Short Long Term Debt	28.1M	30.4M	10M	21.9M	19.7M	19.1M
Net Invested Capital	852.4M	840.0M	879.6M	898.9M	809.0M	701.0M
Net Working Capital	460.5M	604.4M	592.7M	531.0M	610.7M	558.6M
Property Plant And Equipment Gross	917.6M	738.5M	182.4M	653.1M	587.8M	515.3M

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

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Shandong Cost Of Revenue vs Net Income From Continuing Ops Analysis

Cost Of Revenue vs Net Income From Continuing Ops

Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Net Income From Continuing Ops

Shandong Polymer fundamental ratios Correlations

Shandong Polymer Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Polymer fundamental ratios Accounts

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Other Information on Investing in Shandong Stock

COMMON DESTINATIONS

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COMPANY

Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant Equipment	+ 0.95	Non Current Assets Total
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Total Current Assets	+ 0.89	Total Stockholder Equity
Accounts Payable	+ 0.88	Total Current Liabilities

Cash And Short Term Investments	- 0.96	Net Debt
Cash	- 0.96	Net Debt
Short Term Debt	- 0.68	Cash And Short Term Investments
Short Term Debt	- 0.68	Cash
Short Term Debt	- 0.61	Common Stock Shares Outstanding
Common Stock	- 0.56	Short Term Debt