Guangzhou Total Operating Expenses vs Operating Income 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 Total Operating Expenses and its Operating Income 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Shiyuan Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Shiyuan's Total Operating Expenses and Operating Income is 0.87. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income 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 Total Operating Expenses 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 Total Operating Expenses of Guangzhou Shiyuan Electronic 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 Total Operating Expenses i.e., Guangzhou Shiyuan's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Guangzhou Shiyuan 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 Shiyuan Electronic 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 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.