Tongding Total Revenue vs Ebitda Analysis

002491 Stock

4.57 0.01 0.22%

Tongding Interconnection financial indicator trend analysis is much more than just breaking down Tongding Interconnection prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tongding Interconnection is a good investment. Please check the relationship between Tongding Interconnection Total Revenue and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tongding Interconnection Information. 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.

Total Revenue vs Ebitda

Total Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tongding Interconnection Total Revenue account and Ebitda. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Tongding Interconnection's Total Revenue and Ebitda is -0.13. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Tongding Interconnection Information, assuming nothing else is changed. The correlation between historical values of Tongding Interconnection's Total Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Tongding Interconnection Information are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., Tongding Interconnection's Total Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Revenue

Total revenue comprises all receipts Tongding Interconnection generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Ebitda

Most indicators from Tongding Interconnection's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tongding Interconnection 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 Tongding Interconnection Information. 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 242.6 M. The current year's Tax Provision is expected to grow to about 65.4 M

	2021	2022	2023	2024 (projected)
Gross Profit	421.7M	640.6M	750.0M	684.5M
Research Development	187.0M	168.2M	163.9M	198.3M

Gross Profit Research Development

Tongding Interconnection fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Other Assets	Long Term Debt	Short Term Investments	Good Will	Treasury Stock	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.13	0.92	0.91	0.55	0.67	0.91	0.93	0.67	0.66	0.95	0.82	0.81	0.88	0.38	0.55	0.62	0.3	0.56	0.79	0.32	0.66	0.67	0.81	0.61	-0.55
Other Current Liab	0.13		0.12	0.15	0.28	-0.06	-0.02	0.31	0.46	0.03	0.09	-0.1	-0.04	0.29	-0.18	-0.23	-0.02	-0.27	0.11	0.0	0.01	-0.33	-0.17	-0.19	-0.05	0.35
Total Current Liabilities	0.92	0.12		0.7	0.23	0.78	0.87	0.78	0.6	0.55	0.99	0.76	0.86	0.71	0.52	0.7	0.4	0.56	0.25	0.85	-0.01	0.77	0.79	0.71	0.36	-0.72
Total Stockholder Equity	0.91	0.15	0.7		0.78	0.46	0.81	0.93	0.64	0.62	0.74	0.69	0.68	0.88	0.15	0.34	0.67	-0.01	0.79	0.62	0.56	0.45	0.47	0.75	0.71	-0.29
Retained Earnings	0.55	0.28	0.23	0.78		0.0	0.4	0.72	0.45	0.55	0.31	0.51	0.21	0.75	-0.13	-0.28	0.69	-0.58	0.86	0.15	0.87	-0.12	-0.08	0.57	0.8	0.29
Accounts Payable	0.67	-0.06	0.78	0.46	0.0		0.78	0.58	0.45	0.17	0.76	0.47	0.76	0.41	0.27	0.66	0.27	0.53	0.01	0.68	-0.22	0.7	0.74	0.49	0.02	-0.67
Cash	0.91	-0.02	0.87	0.81	0.4	0.78		0.77	0.48	0.44	0.88	0.67	0.81	0.71	0.39	0.67	0.5	0.42	0.44	0.82	0.19	0.78	0.8	0.79	0.44	-0.69
Net Receivables	0.93	0.31	0.78	0.93	0.72	0.58	0.77		0.74	0.61	0.81	0.74	0.71	0.92	0.12	0.32	0.66	0.0	0.64	0.63	0.44	0.39	0.45	0.7	0.63	-0.26
Inventory	0.67	0.46	0.6	0.64	0.45	0.45	0.48	0.74		0.53	0.62	0.5	0.33	0.78	0.06	0.1	0.5	0.0	0.26	0.2	0.27	0.16	0.13	0.35	0.36	-0.1
Other Current Assets	0.66	0.03	0.55	0.62	0.55	0.17	0.44	0.61	0.53		0.61	0.67	0.34	0.71	0.27	0.06	0.67	-0.07	0.48	0.35	0.53	0.27	0.22	0.73	0.75	-0.17
Total Liab	0.95	0.09	0.99	0.74	0.31	0.76	0.88	0.81	0.62	0.61		0.82	0.81	0.77	0.52	0.66	0.51	0.51	0.31	0.83	0.09	0.75	0.76	0.77	0.46	-0.69
Intangible Assets	0.82	-0.1	0.76	0.69	0.51	0.47	0.67	0.74	0.5	0.67	0.82		0.58	0.77	0.48	0.29	0.71	0.22	0.43	0.55	0.4	0.46	0.43	0.8	0.7	-0.38
Common Stock	0.81	-0.04	0.86	0.68	0.21	0.76	0.81	0.71	0.33	0.34	0.81	0.58		0.49	0.36	0.74	0.2	0.5	0.29	0.89	-0.11	0.74	0.83	0.58	0.18	-0.67
Property Plant Equipment	0.88	0.29	0.71	0.88	0.75	0.41	0.71	0.92	0.78	0.71	0.77	0.77	0.49		0.27	0.18	0.72	-0.03	0.6	0.46	0.58	0.31	0.3	0.74	0.77	-0.19
Other Liab	0.38	-0.18	0.52	0.15	-0.13	0.27	0.39	0.12	0.06	0.27	0.52	0.48	0.36	0.27		0.41	-0.11	0.67	-0.14	0.41	-0.17	0.46	0.42	0.38	0.14	-0.51
Other Assets	0.55	-0.23	0.7	0.34	-0.28	0.66	0.67	0.32	0.1	0.06	0.66	0.29	0.74	0.18	0.41		-0.01	0.86	0.0	0.84	-0.43	0.93	0.93	0.36	-0.07	-0.94
Long Term Debt	0.62	-0.02	0.4	0.67	0.69	0.27	0.5	0.66	0.5	0.67	0.51	0.71	0.2	0.72	-0.11	-0.01		-0.25	0.64	0.27	0.69	0.21	0.17	0.73	0.81	-0.06
Short Term Investments	0.3	-0.27	0.56	-0.01	-0.58	0.53	0.42	0.0	0.0	-0.07	0.51	0.22	0.5	-0.03	0.67	0.86	-0.25		-0.38	0.59	-0.65	0.77	0.74	0.14	-0.29	-0.87
Good Will	0.56	0.11	0.25	0.79	0.86	0.01	0.44	0.64	0.26	0.48	0.31	0.43	0.29	0.6	-0.14	0.0	0.64	-0.38		0.33	0.79	0.15	0.15	0.61	0.78	0.06
Treasury Stock	0.79	0.0	0.85	0.62	0.15	0.68	0.82	0.63	0.2	0.35	0.83	0.55	0.89	0.46	0.41	0.84	0.27	0.59	0.33		-0.13	0.82	0.91	0.61	0.23	-0.76
Net Tangible Assets	0.32	0.01	-0.01	0.56	0.87	-0.22	0.19	0.44	0.27	0.53	0.09	0.4	-0.11	0.58	-0.17	-0.43	0.69	-0.65	0.79	-0.13		-0.18	-0.27	0.55	0.88	0.34
Deferred Long Term Liab	0.66	-0.33	0.77	0.45	-0.12	0.7	0.78	0.39	0.16	0.27	0.75	0.46	0.74	0.31	0.46	0.93	0.21	0.77	0.15	0.82	-0.18		0.95	0.62	0.17	-0.97
Long Term Investments	0.67	-0.17	0.79	0.47	-0.08	0.74	0.8	0.45	0.13	0.22	0.76	0.43	0.83	0.3	0.42	0.93	0.17	0.74	0.15	0.91	-0.27	0.95		0.58	0.08	-0.92
Total Current Assets	0.81	-0.19	0.71	0.75	0.57	0.49	0.79	0.7	0.35	0.73	0.77	0.8	0.58	0.74	0.38	0.36	0.73	0.14	0.61	0.61	0.55	0.62	0.58		0.81	-0.49
Non Current Assets Total	0.61	-0.05	0.36	0.71	0.8	0.02	0.44	0.63	0.36	0.75	0.46	0.7	0.18	0.77	0.14	-0.07	0.81	-0.29	0.78	0.23	0.88	0.17	0.08	0.81		-0.01
Non Currrent Assets Other	-0.55	0.35	-0.72	-0.29	0.29	-0.67	-0.69	-0.26	-0.1	-0.17	-0.69	-0.38	-0.67	-0.19	-0.51	-0.94	-0.06	-0.87	0.06	-0.76	0.34	-0.97	-0.92	-0.49	-0.01

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Tongding Interconnection Account Relationship Matchups

Tongding Interconnection fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.5B	8.2B	6.2B	6.0B	5.9B	5.6B
Other Current Liab	102.5M	84.5M	171.9M	84.8M	136.1M	156.2M
Total Current Liabilities	4.8B	4.7B	3.9B	3.6B	3.3B	2.8B
Total Stockholder Equity	2.9B	2.8B	2.1B	2.2B	2.5B	2.4B
Retained Earnings	318.7M	373.7M	(273.1M)	(147.6M)	(104.3M)	(99.1M)
Accounts Payable	1.3B	950.5M	589.7M	1.3B	1.2B	730.8M
Cash	1.2B	1.3B	890.5M	1.3B	1.2B	930.9M
Net Receivables	1.7B	1.2B	960.4M	1.1B	1.1B	1.1B
Inventory	1.2B	944.9M	922.8M	878.2M	822.4M	918.4M
Other Current Assets	314.5M	237.9M	200.8M	51.3M	17.8M	16.9M
Total Liab	5.6B	5.3B	4.1B	3.7B	3.4B	3.1B
Intangible Assets	296.5M	290.8M	145.7M	65.4M	57.2M	54.3M
Property Plant Equipment	1.6B	1.6B	799.0M	713.0M	819.9M	1.1B
Other Liab	82.8M	515.4M	122.0M	57.5M	66.1M	80.7M
Other Assets	707.4M	714.7M	840.6M	796.7M	916.2M	962.0M
Long Term Debt	796.4M	691.2M	114.9M	47.5M	54.6M	51.9M
Short Term Investments	315.3M	589.9M	457.1M	351.5M	424.0M	445.2M
Net Tangible Assets	2.6B	2.5B	2.0B	2.2B	1.9B	2.2B
Deferred Long Term Liab	429.1M	416.1M	393.7M	399.9M	459.9M	316.4M
Total Current Assets	4.8B	4.7B	3.7B	3.9B	4.0B	3.4B
Non Current Assets Total	3.8B	3.5B	2.5B	2.1B	1.9B	2.6B
Non Currrent Assets Other	34.0M	19.7M	21.2M	27.3M	24.9M	49.7M
Non Current Liabilities Total	774.0M	630.4M	140.6M	117.8M	74.6M	70.8M
Short Long Term Debt	3.0B	2.8B	2.9B	2.2B	1.7B	2.0B
Non Current Liabilities Other	516.4M	783.6M	594M	400M	460M	563.3M
Net Debt	2.4B	1.6B	2.0B	933.7M	484.1M	459.9M
Net Invested Capital	6.5B	5.8B	5.0B	4.4B	4.2B	4.8B
Net Working Capital	(25.9M)	4.6M	(189.8M)	260.5M	617.4M	648.3M

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Other Information on Investing in Tongding Stock

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

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Tongding Total Revenue vs Ebitda Analysis

Total Revenue vs Ebitda

Total Revenue vs Ebitda Correlation Analysis

Correlation Coefficient

Total Revenue

Ebitda

Tongding Interconnection fundamental ratios Correlations

Tongding Interconnection Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tongding Interconnection fundamental ratios Accounts

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Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.95	Total Assets
Long Term Investments	+ 0.95	Deferred Long Term Liab
Net Receivables	+ 0.93	Total Assets
Net Receivables	+ 0.93	Total Stockholder Equity
Deferred Long Term Liab	+ 0.93	Other Assets

Non Currrent Assets Other	- 0.97	Deferred Long Term Liab
Non Currrent Assets Other	- 0.94	Other Assets
Non Currrent Assets Other	- 0.92	Long Term Investments
Non Currrent Assets Other	- 0.87	Short Term Investments
Non Currrent Assets Other	- 0.76	Treasury Stock
Non Currrent Assets Other	- 0.72	Total Current Liabilities