Hainan Cost Of Revenue vs Net Interest Income Analysis

002865 Stock   72.00  2.78  4.02%   
Hainan Drinda financial indicator trend analysis is much more than just examining Hainan Drinda Automotive latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hainan Drinda Automotive is a good investment. Please check the relationship between Hainan Drinda Cost Of Revenue and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hainan Drinda Automotive. 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 Interest Income

Cost Of Revenue vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hainan Drinda Automotive Cost Of Revenue account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Hainan Drinda's Cost Of Revenue and Net Interest Income is -0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Hainan Drinda Automotive, assuming nothing else is changed. The correlation between historical values of Hainan Drinda's Cost Of Revenue and Net Interest 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 Hainan Drinda Automotive are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Cost Of Revenue i.e., Hainan Drinda's Cost Of Revenue and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Hainan Drinda Automotive income statement and represents the costs associated with goods and services Hainan Drinda 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 Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Hainan Drinda's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hainan Drinda Automotive 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 Hainan Drinda Automotive. 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 220.8 M, whereas Tax Provision is projected to grow to (67.6 M).
 2021 2022 2023 2024 (projected)
Gross Profit342.7M1.3B2.8B2.9B
Total Revenue2.9B11.6B18.7B19.6B

Hainan Drinda fundamental ratios Correlations

0.230.990.95-0.710.960.990.991.00.940.70.96-0.251.00.771.01.0-0.610.691.00.50.440.650.750.960.96
0.230.36-0.06-0.550.110.120.20.260.220.530.370.750.270.150.220.31-0.180.720.180.410.230.450.410.480.42
0.990.360.9-0.790.930.970.970.990.920.720.95-0.160.990.770.991.0-0.620.750.980.490.420.690.740.990.97
0.95-0.060.9-0.520.960.970.960.940.910.590.88-0.470.940.730.950.93-0.530.490.960.440.410.550.680.840.86
-0.71-0.55-0.79-0.52-0.53-0.71-0.64-0.73-0.6-0.54-0.620.04-0.69-0.63-0.74-0.740.46-0.65-0.65-0.23-0.25-0.7-0.42-0.8-0.71
0.960.110.930.96-0.530.950.990.950.880.580.96-0.230.980.690.940.96-0.690.660.980.430.40.460.680.890.94
0.990.120.970.97-0.710.950.970.980.910.610.91-0.360.970.790.990.98-0.620.610.990.390.350.610.670.920.92
0.990.20.970.96-0.640.990.970.980.910.640.97-0.211.00.730.980.99-0.670.71.00.470.430.560.720.940.97
1.00.260.990.94-0.730.950.980.980.940.720.95-0.240.990.771.01.0-0.580.70.990.520.450.690.760.970.96
0.940.220.920.91-0.60.880.910.910.940.820.89-0.260.920.750.940.92-0.370.640.920.690.570.740.860.90.87
0.70.530.720.59-0.540.580.610.640.720.820.70.010.690.630.710.7-0.020.690.650.930.70.910.940.770.69
0.960.370.950.88-0.620.960.910.970.950.890.70.00.980.660.940.97-0.670.820.960.550.480.560.760.960.99
-0.250.75-0.16-0.470.04-0.23-0.36-0.21-0.24-0.260.010.0-0.18-0.29-0.29-0.17-0.160.45-0.250.06-0.06-0.21-0.03-0.030.01
1.00.270.990.94-0.690.980.971.00.990.920.690.98-0.180.740.991.0-0.650.731.00.50.440.610.740.970.98
0.770.150.770.73-0.630.690.790.730.770.750.630.66-0.290.740.780.76-0.450.580.750.410.240.680.720.730.7
1.00.220.990.95-0.740.940.990.981.00.940.710.94-0.290.990.780.99-0.560.670.990.50.440.690.740.960.95
1.00.311.00.93-0.740.960.980.991.00.920.70.97-0.171.00.760.99-0.630.740.990.50.430.650.740.980.98
-0.61-0.18-0.62-0.530.46-0.69-0.62-0.67-0.58-0.37-0.02-0.67-0.16-0.65-0.45-0.56-0.63-0.62-0.650.180.080.08-0.13-0.58-0.7
0.690.720.750.49-0.650.660.610.70.70.640.690.820.450.730.580.670.74-0.620.680.550.50.510.650.810.83
1.00.180.980.96-0.650.980.991.00.990.920.650.96-0.251.00.750.990.99-0.650.680.460.410.580.720.940.96
0.50.410.490.44-0.230.430.390.470.520.690.930.550.060.50.410.50.50.180.550.460.820.760.880.560.49
0.440.230.420.41-0.250.40.350.430.450.570.70.48-0.060.440.240.440.430.080.50.410.820.570.570.450.42
0.650.450.690.55-0.70.460.610.560.690.740.910.56-0.210.610.680.690.650.080.510.580.760.570.820.720.58
0.750.410.740.68-0.420.680.670.720.760.860.940.76-0.030.740.720.740.74-0.130.650.720.880.570.820.780.73
0.960.480.990.84-0.80.890.920.940.970.90.770.96-0.030.970.730.960.98-0.580.810.940.560.450.720.780.98
0.960.420.970.86-0.710.940.920.970.960.870.690.990.010.980.70.950.98-0.70.830.960.490.420.580.730.98
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Hainan Drinda Account Relationship Matchups

Hainan Drinda fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.9B6.0B9.5B18.4B19.3B
Other Current Liab38.5M60.3M980.1M2.2B60.8M57.7M
Total Current Liabilities610.6M579.3M3.0B4.4B6.5B6.8B
Total Stockholder Equity919.8M1.0B1.0B1.1B4.7B4.9B
Net Tangible Assets809.0M906.9M(161.2M)31.1M28.0M26.6M
Retained Earnings376.6M378.1M192.8M813.0M1.5B1.5B
Accounts Payable361.5M369.3M1.4B1.5B3.9B4.1B
Cash240.6M333.0M491.5M1.9B3.6B3.8B
Non Current Assets Total978.8M999.9M4.3B5.9B11.4B12.0B
Non Currrent Assets Other79.5M38.6M109.0M98.8M191.5M201.1M
Other Assets357.2M331.9M470.9M441.6M507.8M348.4M
Long Term Debt308.0M213.8M192.3M1.7B2.0B2.1B
Net Receivables349.0M214.5M166.5M1.1B10.0M9.5M
Non Current Liabilities Total310.6M230.4M1.4B4.1B7.2B7.6B
Inventory214.3M189.0M437.7M338.9M727.3M390.7M
Other Current Assets58.3M43.6M235.5M268.1M586.7M616.0M
Total Liab921.2M809.7M4.4B8.4B13.7B14.4B
Deferred Long Term Liab248.1M266.1M283.4M3.3M3.8M3.6M
Short Long Term Debt148.6M50M176.8M589.1M450.1M245.0M
Total Current Assets862.2M857.7M1.7B3.6B7.0B7.4B
Intangible Assets110.8M141.0M299.7M159.3M239.1M163.0M
Common Stock120.9M128.8M137.3M141.5M162.8M135.2M
Property Plant Equipment467.0M471.0M2.7B4.5B5.1B5.4B
Other Liab2.6M2.9M436.3M2.4B2.8B2.9B
Common Stock Shares Outstanding120.9M128.8M137.3M141.5M227.4M156.8M
Net Invested Capital1.4B1.3B1.4B3.3B7.2B7.5B
Net Working Capital251.6M278.4M(1.3B)(818.1M)539.7M566.7M
Capital Stock120.9M128.8M137.3M141.5M227.4M160.9M

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Other Information on Investing in Hainan Stock

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