Guangzhou Selling General Administrative vs Gross Profit Analysis

002841 Stock   39.26  0.66  1.65%   
Guangzhou Shiyuan financial indicator trend analysis is much more than just examining Guangzhou Shiyuan latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Shiyuan is a good investment. Please check the relationship between Guangzhou Shiyuan Selling General Administrative and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Shiyuan Electronic. 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.

Selling General Administrative vs Gross Profit

Selling General Administrative vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Shiyuan Selling General Administrative account and Gross Profit. At this time, the significance of the direction appears to have totally related.
The correlation between Guangzhou Shiyuan's Selling General Administrative and Gross Profit is 0.99. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Guangzhou Shiyuan Electronic, assuming nothing else is changed. The correlation between historical values of Guangzhou Shiyuan's Selling General Administrative and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Guangzhou Shiyuan Electronic are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., Guangzhou Shiyuan's Selling General Administrative and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Guangzhou Shiyuan Electronic minus its cost of goods sold. It is profit before Guangzhou Shiyuan operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Guangzhou Shiyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Shiyuan 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 Shiyuan Electronic. 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 146.5 M, whereas Selling General Administrative is forecasted to decline to about 1.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit5.4B5.8B5.2B4.5B
Total Revenue21.2B21.0B20.2B18.2B

Guangzhou Shiyuan fundamental ratios Correlations

0.41.01.00.940.931.00.970.940.940.320.89-0.080.830.790.930.55-0.031.00.480.980.980.990.90.930.79
0.40.40.390.280.160.410.460.560.310.210.470.13-0.040.460.47-0.490.280.420.380.430.470.410.480.16-0.24
1.00.40.990.940.931.00.980.950.950.310.91-0.060.830.780.950.56-0.051.00.510.970.970.990.920.930.79
1.00.390.990.930.931.00.960.930.930.320.87-0.120.810.760.910.54-0.060.990.450.980.980.980.890.920.79
0.940.280.940.930.970.950.940.920.930.390.81-0.150.910.760.920.67-0.060.940.470.890.940.950.870.970.79
0.930.160.930.930.970.920.910.870.870.30.79-0.140.940.710.870.76-0.110.920.480.910.90.920.831.00.86
1.00.411.01.00.950.920.970.950.960.360.88-0.10.820.790.940.53-0.040.990.460.960.990.990.90.920.77
0.970.460.980.960.940.910.970.990.940.380.920.030.840.80.990.520.020.980.620.930.940.990.960.90.72
0.940.560.950.930.920.870.950.990.90.370.910.090.80.850.970.440.140.960.680.910.920.970.970.870.63
0.940.310.950.930.930.870.960.940.90.430.84-0.130.820.710.950.56-0.110.940.390.840.930.960.870.860.77
0.320.210.310.320.390.30.360.380.370.430.23-0.410.340.20.390.110.040.310.270.230.350.360.460.270.16
0.890.470.910.870.810.790.880.920.910.840.230.020.70.660.930.44-0.070.90.650.860.840.910.930.80.65
-0.080.13-0.06-0.12-0.15-0.14-0.10.030.09-0.13-0.410.020.010.320.03-0.070.62-0.010.51-0.04-0.21-0.020.06-0.12-0.13
0.83-0.040.830.810.910.940.820.840.80.820.340.70.010.710.810.880.020.840.560.780.750.850.80.940.89
0.790.460.780.760.760.710.790.80.850.710.20.660.320.710.750.380.560.820.60.790.750.830.810.720.53
0.930.470.950.910.920.870.940.990.970.950.390.930.030.810.750.49-0.030.950.620.860.910.960.950.860.66
0.55-0.490.560.540.670.760.530.520.440.560.110.44-0.070.880.380.49-0.170.550.310.510.450.560.480.770.9
-0.030.28-0.05-0.06-0.06-0.11-0.040.020.14-0.110.04-0.070.620.020.56-0.03-0.170.020.440.02-0.10.040.17-0.1-0.19
1.00.421.00.990.940.920.990.980.960.940.310.9-0.010.840.820.950.550.020.530.970.971.00.920.920.78
0.480.380.510.450.470.480.460.620.680.390.270.650.510.560.60.620.310.440.530.510.360.560.750.480.3
0.980.430.970.980.890.910.960.930.910.840.230.86-0.040.780.790.860.510.020.970.510.950.950.870.910.75
0.980.470.970.980.940.90.990.940.920.930.350.84-0.210.750.750.910.45-0.10.970.360.950.960.850.890.7
0.990.410.990.980.950.920.990.990.970.960.360.91-0.020.850.830.960.560.041.00.560.950.960.950.920.77
0.90.480.920.890.870.830.90.960.970.870.460.930.060.80.810.950.480.170.920.750.870.850.950.830.66
0.930.160.930.920.971.00.920.90.870.860.270.8-0.120.940.720.860.77-0.10.920.480.910.890.920.830.87
0.79-0.240.790.790.790.860.770.720.630.770.160.65-0.130.890.530.660.9-0.190.780.30.750.70.770.660.87
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Guangzhou Shiyuan Account Relationship Matchups

Guangzhou Shiyuan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0B12.6B15.5B20.1B21.8B13.0B
Other Current Liab1.4B1.2B1.7B1.8B41.0M39.0M
Total Current Liabilities4.0B4.9B6.4B7.4B8.3B5.3B
Total Stockholder Equity4.9B7.2B8.4B11.9B12.5B7.2B
Other Liab118.7M200.8M292.4M356.2M409.6M430.1M
Net Tangible Assets4.6B6.8B7.9B11.5B13.2B13.8B
Retained Earnings3.4B4.8B5.9B7.0B7.6B4.6B
Accounts Payable2.1B2.5B3.0B2.9B3.2B2.5B
Cash4.0B3.8B5.0B4.7B4.7B3.9B
Non Current Assets Total2.4B5.5B7.1B4.7B8.5B4.3B
Non Currrent Assets Other541.3M3.3B91.6M76.7M524.7M672.5M
Other Assets415.6M193.2M238.0M400.3M460.4M253.9M
Net Receivables489.3M128.0M342.4M205.8M295.8M250.5M
Non Current Liabilities Total970.4M292.4M583.2M592.9M653.3M457.4M
Inventory1.4B1.8B2.4B1.9B2.2B1.8B
Other Current Assets164.1M99.7M116.9M195.8M5.0B5.2B
Other Stockholder Equity3.0M194.8M(365.6K)(8.7M)(10.0M)(9.5M)
Total Liab5.0B5.2B7.0B8.0B8.9B5.7B
Deferred Long Term Liab26.2M25.1M16.2M15.3M17.6M20.4M
Total Current Assets7.6B7.0B8.4B15.4B13.3B8.7B
Non Current Liabilities Other112.2M200.7M247.7M310.2M269.8M175.3M
Intangible Assets280.9M309.6M380.7M395.8M481.8M315.5M
Common Stock655.8M655.7M668.0M666.5M766.5M626.2M
Property Plant Equipment1.2B1.5B2.0B2.8B3.2B3.4B
Common Stock Shares Outstanding655.7M668.2M666.5M701.2M806.4M738.3M
Net Invested Capital5.8B8.0B9.6B14.0B15.2B9.2B
Short Long Term Debt114.7M797.5M1.1B2.0B2.5B2.7B
Net Working Capital3.6B2.1B2.0B8.1B5.0B3.8B
Capital Stock655.7M668.0M666.5M701.2M806.4M742.2M

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Other Information on Investing in Guangzhou Stock

Balance Sheet is a snapshot of the financial position of Guangzhou Shiyuan at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Shiyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Shiyuan 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.