Shanghai Cost Of Revenue vs Operating Income Analysis

002706 Stock   7.68  0.06  0.79%   
Shanghai Liangxin financial indicator trend analysis is much more than just breaking down Shanghai Liangxin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Liangxin is a good investment. Please check the relationship between Shanghai Liangxin 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 Shanghai Liangxin Electrical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 Shanghai Liangxin Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Liangxin's Cost Of Revenue and Operating Income is 0.98. 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 Shanghai Liangxin Electrical, assuming nothing else is changed. The correlation between historical values of Shanghai Liangxin'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 Shanghai Liangxin Electrical 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., Shanghai Liangxin's Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Shanghai Liangxin income statement and represents the costs associated with goods and services Shanghai Liangxin 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 Shanghai Liangxin 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 Shanghai Liangxin Electrical 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 Shanghai Liangxin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Liangxin 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 Shanghai Liangxin Electrical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of February 26, 2025, Selling General Administrative is expected to decline to about 266.8 M. In addition to that, Tax Provision is expected to decline to about 45 M
 2022 2023 2024 2025 (projected)
Operating Income416.9M573.2M659.2M692.1M
Total Revenue4.2B4.6B5.3B5.5B

Shanghai Liangxin fundamental ratios Correlations

-0.120.960.990.740.980.950.980.980.790.970.360.940.970.940.980.44-0.340.870.960.820.920.910.830.58-0.88
-0.120.06-0.220.110.020.06-0.15-0.010.040.06-0.280.090.060.050.02-0.130.040.120.030.13-0.1-0.080.130.25-0.05
0.960.060.910.780.940.990.950.970.750.980.250.990.960.910.970.37-0.380.840.990.770.90.910.880.71-0.86
0.99-0.220.910.680.960.890.970.940.780.930.410.870.950.920.950.44-0.310.850.910.810.890.870.760.45-0.86
0.740.110.780.680.730.770.790.720.540.760.080.780.780.610.740.03-0.380.50.770.480.650.70.630.51-0.62
0.980.020.940.960.730.930.940.970.830.980.380.920.980.970.990.41-0.330.910.950.880.870.870.840.53-0.92
0.950.060.990.890.770.930.930.970.770.980.261.00.940.90.970.42-0.350.840.980.760.90.910.90.77-0.85
0.98-0.150.950.970.790.940.930.950.710.940.280.930.960.870.950.3-0.370.780.960.720.890.90.790.52-0.85
0.98-0.010.970.940.720.970.970.950.850.990.30.960.970.960.990.38-0.360.890.980.850.90.910.920.65-0.91
0.790.040.750.780.540.830.770.710.850.840.320.750.80.860.830.47-0.170.90.750.830.830.810.870.57-0.76
0.970.060.980.930.760.980.980.940.990.840.320.980.970.961.00.41-0.350.90.980.850.90.90.90.69-0.91
0.36-0.280.250.410.080.380.260.280.30.320.320.230.270.470.370.35-0.260.390.230.470.30.290.180.04-0.53
0.940.090.990.870.780.921.00.930.960.750.980.230.940.890.960.39-0.360.830.980.750.90.90.90.78-0.84
0.970.060.960.950.780.980.940.960.970.80.970.270.940.930.980.32-0.320.870.960.830.870.880.840.56-0.9
0.940.050.910.920.610.970.90.870.960.860.960.470.890.930.970.45-0.390.940.920.950.860.850.870.58-0.95
0.980.020.970.950.740.990.970.950.990.831.00.370.960.980.970.43-0.330.910.970.860.90.90.880.64-0.92
0.44-0.130.370.440.030.410.420.30.380.470.410.350.390.320.450.430.220.560.280.450.480.320.30.46-0.22
-0.340.04-0.38-0.31-0.38-0.33-0.35-0.37-0.36-0.17-0.35-0.26-0.36-0.32-0.39-0.330.22-0.18-0.44-0.43-0.26-0.37-0.35-0.180.47
0.870.120.840.850.50.910.840.780.890.90.90.390.830.870.940.910.56-0.180.840.920.890.850.840.55-0.84
0.960.030.990.910.770.950.980.960.980.750.980.230.980.960.920.970.28-0.440.840.80.890.920.90.65-0.9
0.820.130.770.810.480.880.760.720.850.830.850.470.750.830.950.860.45-0.430.920.80.740.730.770.47-0.88
0.92-0.10.90.890.650.870.90.890.90.830.90.30.90.870.860.90.48-0.260.890.890.740.980.850.62-0.75
0.91-0.080.910.870.70.870.910.90.910.810.90.290.90.880.850.90.32-0.370.850.920.730.980.880.58-0.79
0.830.130.880.760.630.840.90.790.920.870.90.180.90.840.870.880.3-0.350.840.90.770.850.880.77-0.82
0.580.250.710.450.510.530.770.520.650.570.690.040.780.560.580.640.46-0.180.550.650.470.620.580.77-0.49
-0.88-0.05-0.86-0.86-0.62-0.92-0.85-0.85-0.91-0.76-0.91-0.53-0.84-0.9-0.95-0.92-0.220.47-0.84-0.9-0.88-0.75-0.79-0.82-0.49
Click cells to compare fundamentals

Shanghai Liangxin Account Relationship Matchups

Shanghai Liangxin fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.3B4.4B5.7B5.8B6.7B7.0B
Other Current Liab225.2M200.5M3.0M6.8M7.8M7.4M
Total Current Liabilities1.2B1.8B1.7B1.6B1.9B2.0B
Total Stockholder Equity2.0B2.2B3.7B4.1B4.8B5.0B
Other Liab5.3M9.3M32.6M34.8M40.0M42.0M
Retained Earnings930.9M1.1B1.0B1.3B1.5B1.5B
Accounts Payable671.1M1.3B1.2B1.0B1.2B1.2B
Cash547.5M615.3M931.0M1.0B1.2B1.2B
Other Assets119.9M249.1M223.5M380.4M437.5M459.4M
Net Receivables356.3M537.4M573.7M523.0M601.4M393.6M
Inventory354.9M507.7M504.3M461.8M531.1M557.6M
Other Current Assets2.2M23.2M108.3M150.1M172.6M181.2M
Total Liab1.2B2.2B2.0B1.7B1.9B2.0B
Intangible Assets148.9M159.6M162.6M183.1M210.6M221.1M
Common Stock785.3M785.0M784.7M1.0B1.2B1.2B
Property Plant Equipment656.6M696.9M953.4M1.3B1.5B1.6B
Short Term Investments50.4M50.7M553.9M351.4M404.1M371.1M
Net Tangible Assets1.7B1.7B1.9B2.0B2.3B1.8B
Deferred Long Term Liab31.8M64.4M90.8M116.3M133.7M140.4M
Total Current Assets1.9B2.5B3.5B3.3B3.8B2.1B
Non Current Assets Total1.4B1.9B2.3B2.5B2.9B1.5B
Non Currrent Assets Other84.6M209.2M174.0M146.8M168.8M117.8M
Non Current Liabilities Total32.6M371.4M302.1M53.8M61.8M107.4M
Common Stock Shares Outstanding1.0B1.0B1.0B1.1B1.3B1.2B
Net Invested Capital2.1B2.7B4.1B4.3B5.0B2.9B
Net Working Capital701.1M662.9M1.8B1.6B1.9B1.2B
Capital Stock785.0M784.7M1.0B1.1B1.3B1.0B
Property Plant And Equipment Net953.4M1.3B1.7B2.0B2.3B1.5B
Property Plant And Equipment Gross1.2B1.6B2.0B2.0B2.3B1.7B

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 Shanghai Stock

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