Wangsu Operating Income vs Cost Of Revenue Analysis

300017 Stock

9.40 0.15 1.57%

Wangsu Science financial indicator trend analysis is more than just analyzing Wangsu Science Tech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wangsu Science Tech is a good investment. Please check the relationship between Wangsu Science Operating Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wangsu Science Tech. 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wangsu Science Tech Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.

The correlation between Wangsu Science's Operating Income and Cost Of Revenue is 0.27. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Wangsu Science Tech, assuming nothing else is changed. The correlation between historical values of Wangsu Science's Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Wangsu Science Tech are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Wangsu Science's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.27

Relationship Direction	Positive
Relationship Strength	Very Weak

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Operating Income

Operating Income is the amount of profit realized from Wangsu Science Tech 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 Wangsu Science Tech 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.

Cost Of Revenue

Cost of Revenue is found on Wangsu Science Tech income statement and represents the costs associated with goods and services Wangsu Science 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.

Most indicators from Wangsu Science's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wangsu Science Tech 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 Wangsu Science Tech. 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.

The current year's Selling General Administrative is expected to grow to about 287.2 M. The current year's Tax Provision is expected to grow to about 47.2 M

	2021	2022	2023	2024 (projected)
Income Before Tax	137.7M	194.1M	651.4M	382.9M
Cost Of Revenue	3.4B	3.8B	3.2B	2.1B

Income Before Tax Cost Of Revenue

Wangsu Science fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Long Term Debt	Intangible Assets	Other Liab	Net Tangible Assets	Short Term Investments	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.4	0.92	0.93	0.93	0.96	0.76	0.64	0.95	0.12	0.47	0.88	0.88	0.9	0.52	0.63	0.52	0.93	0.66	-0.61	0.88	0.91	0.87	0.81	0.57	-0.01
Other Current Liab	0.4		0.48	0.25	0.25	0.35	0.56	0.46	0.5	0.65	0.12	0.51	0.08	0.36	0.32	0.55	0.68	0.17	0.11	0.29	0.04	0.07	0.3	0.08	-0.21	0.33
Total Current Liabilities	0.92	0.48		0.81	0.83	0.95	0.7	0.63	0.95	0.04	0.67	0.99	0.8	0.97	0.66	0.83	0.7	0.75	0.44	-0.43	0.77	0.83	0.73	0.82	0.32	0.31
Total Stockholder Equity	0.93	0.25	0.81		0.99	0.87	0.7	0.57	0.86	0.09	0.37	0.77	0.96	0.79	0.42	0.46	0.37	0.97	0.74	-0.74	0.9	0.87	0.92	0.83	0.65	-0.2
Retained Earnings	0.93	0.25	0.83	0.99		0.89	0.63	0.53	0.88	0.01	0.39	0.78	0.97	0.8	0.43	0.48	0.38	0.95	0.75	-0.75	0.92	0.89	0.9	0.83	0.63	-0.2
Accounts Payable	0.96	0.35	0.95	0.87	0.89		0.66	0.56	0.98	-0.04	0.56	0.92	0.87	0.93	0.56	0.73	0.6	0.84	0.57	-0.54	0.87	0.91	0.78	0.83	0.46	0.13
Cash	0.76	0.56	0.7	0.7	0.63	0.66		0.66	0.68	0.59	0.36	0.71	0.53	0.67	0.49	0.54	0.65	0.65	0.31	-0.21	0.47	0.5	0.68	0.53	0.34	0.18
Other Assets	0.64	0.46	0.63	0.57	0.53	0.56	0.66		0.57	0.17	0.01	0.61	0.55	0.61	0.13	0.64	0.54	0.52	0.09	-0.16	0.31	0.6	0.43	0.62	0.43	0.05
Net Receivables	0.95	0.5	0.95	0.86	0.88	0.98	0.68	0.57		0.06	0.54	0.93	0.83	0.92	0.57	0.77	0.66	0.82	0.57	-0.45	0.83	0.85	0.78	0.8	0.4	0.16
Inventory	0.12	0.65	0.04	0.09	0.01	-0.04	0.59	0.17	0.06		-0.1	0.08	-0.18	-0.06	0.05	-0.02	0.31	0.08	0.14	0.27	-0.16	-0.28	0.3	-0.28	-0.22	0.08
Other Current Assets	0.47	0.12	0.67	0.37	0.39	0.56	0.36	0.01	0.54	-0.1		0.7	0.38	0.71	0.81	0.58	0.46	0.3	0.11	-0.21	0.53	0.41	0.35	0.52	-0.05	0.62
Total Liab	0.88	0.51	0.99	0.77	0.78	0.92	0.71	0.61	0.93	0.08	0.7		0.75	0.97	0.69	0.86	0.77	0.69	0.37	-0.34	0.72	0.77	0.69	0.79	0.25	0.4
Common Stock	0.88	0.08	0.8	0.96	0.97	0.87	0.53	0.55	0.83	-0.18	0.38	0.75		0.8	0.4	0.48	0.32	0.92	0.65	-0.79	0.91	0.94	0.81	0.91	0.71	-0.21
Property Plant Equipment	0.9	0.36	0.97	0.79	0.8	0.93	0.67	0.61	0.92	-0.06	0.71	0.97	0.8		0.68	0.85	0.68	0.74	0.36	-0.4	0.8	0.86	0.66	0.89	0.41	0.36
Long Term Debt	0.52	0.32	0.66	0.42	0.43	0.56	0.49	0.13	0.57	0.05	0.81	0.69	0.4	0.68		0.58	0.53	0.33	0.13	-0.15	0.48	0.39	0.34	0.5	0.04	0.51
Intangible Assets	0.63	0.55	0.83	0.46	0.48	0.73	0.54	0.64	0.77	-0.02	0.58	0.86	0.48	0.85	0.58		0.85	0.37	-0.02	0.08	0.41	0.57	0.34	0.68	0.05	0.65
Other Liab	0.52	0.68	0.7	0.37	0.38	0.6	0.65	0.54	0.66	0.31	0.46	0.77	0.32	0.68	0.53	0.85		0.25	-0.08	0.26	0.22	0.32	0.29	0.44	-0.08	0.68
Net Tangible Assets	0.93	0.17	0.75	0.97	0.95	0.84	0.65	0.52	0.82	0.08	0.3	0.69	0.92	0.74	0.33	0.37	0.25		0.81	-0.78	0.93	0.89	0.93	0.78	0.71	-0.29
Short Term Investments	0.66	0.11	0.44	0.74	0.75	0.57	0.31	0.09	0.57	0.14	0.11	0.37	0.65	0.36	0.13	-0.02	-0.08	0.81		-0.77	0.76	0.58	0.87	0.35	0.39	-0.5
Other Stockholder Equity	-0.61	0.29	-0.43	-0.74	-0.75	-0.54	-0.21	-0.16	-0.45	0.27	-0.21	-0.34	-0.79	-0.4	-0.15	0.08	0.26	-0.78	-0.77		-0.81	-0.72	-0.7	-0.57	-0.67	0.59
Deferred Long Term Liab	0.88	0.04	0.77	0.9	0.92	0.87	0.47	0.31	0.83	-0.16	0.53	0.72	0.91	0.8	0.48	0.41	0.22	0.93	0.76	-0.81		0.91	0.83	0.82	0.64	-0.16
Long Term Investments	0.91	0.07	0.83	0.87	0.89	0.91	0.5	0.6	0.85	-0.28	0.41	0.77	0.94	0.86	0.39	0.57	0.32	0.89	0.58	-0.72	0.91		0.73	0.91	0.71	-0.11
Total Current Assets	0.87	0.3	0.73	0.92	0.9	0.78	0.68	0.43	0.78	0.3	0.35	0.69	0.81	0.66	0.34	0.34	0.29	0.93	0.87	-0.7	0.83	0.73		0.61	0.43	-0.2
Non Current Assets Total	0.81	0.08	0.82	0.83	0.83	0.83	0.53	0.62	0.8	-0.28	0.52	0.79	0.91	0.89	0.5	0.68	0.44	0.78	0.35	-0.57	0.82	0.91	0.61		0.68	0.08
Non Currrent Assets Other	0.57	-0.21	0.32	0.65	0.63	0.46	0.34	0.43	0.4	-0.22	-0.05	0.25	0.71	0.41	0.04	0.05	-0.08	0.71	0.39	-0.67	0.64	0.71	0.43	0.68		-0.53
Non Current Liabilities Total	-0.01	0.33	0.31	-0.2	-0.2	0.13	0.18	0.05	0.16	0.08	0.62	0.4	-0.21	0.36	0.51	0.65	0.68	-0.29	-0.5	0.59	-0.16	-0.11	-0.2	0.08	-0.53

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Wangsu Science Account Relationship Matchups

Wangsu Science fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.3B	10.2B	10.6B	10.5B	11.0B	5.7B
Other Current Liab	164.8M	349.2M	196.1M	6.0M	16.5M	15.7M
Total Current Liabilities	1.4B	1.4B	1.6B	1.3B	1.1B	849.9M
Total Stockholder Equity	8.6B	8.7B	8.8B	9.0B	9.6B	10.1B
Retained Earnings	4.1B	4.2B	4.4B	3.9B	4.3B	4.5B
Accounts Payable	879.5M	708.0M	705.5M	748.3M	568.0M	386.5M
Cash	1.6B	1.2B	1.0B	2.5B	1.8B	1.3B
Other Assets	272.5M	354.9M	383.5M	401.8M	462.1M	251.9M
Net Receivables	1.7B	1.7B	1.4B	1.2B	1.1B	811.7M
Inventory	10.3M	6.1M	12.2M	30.5M	13.5M	12.8M
Other Current Assets	213.4M	136.3M	340.5M	462.9M	285.0M	250.3M
Total Liab	1.7B	1.5B	1.7B	1.4B	1.2B	990.7M
Common Stock	2.4B	2.4B	2.5B	2.4B	2.8B	3.0B
Property Plant Equipment	3.3B	1.8B	1.6B	1.5B	1.7B	907.4M
Intangible Assets	468.8M	323.0M	164.2M	80.5M	45.0M	42.7M
Other Liab	413.9M	309.7M	66.1M	45.5M	52.3M	49.7M
Net Tangible Assets	7.3B	8.2B	8.4B	8.7B	10.0B	7.6B
Short Term Investments	2.4B	2.6B	3.6B	2.2B	2.5B	2.3B
Other Stockholder Equity	(60.4M)	(33.5M)	(132.4M)	(210.3M)	(189.2M)	(179.8M)
Deferred Long Term Liab	59.7M	48.1M	54.2M	51.4M	59.2M	41.9M
Total Current Assets	6.0B	5.7B	7.4B	6.5B	5.7B	6.3B
Non Current Assets Total	4.3B	4.5B	3.2B	4.0B	5.2B	4.7B
Non Currrent Assets Other	1.1B	1.7B	576.2M	1.7B	2.6B	1.4B
Non Current Liabilities Total	309.7M	66.1M	107.5M	82.8M	79.2M	75.3M
Common Stock Shares Outstanding	2.4B	2.5B	2.4B	2.4B	2.4B	2.7B
Net Invested Capital	8.8B	8.8B	9.3B	9.2B	9.7B	10.1B
Short Long Term Debt	135.7M	145.3M	503.9M	144.8M	80.1M	76.1M
Net Working Capital	4.6B	4.3B	5.8B	5.1B	4.6B	4.8B
Capital Stock	2.4B	2.5B	2.4B	2.4B	2.4B	2.7B

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

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Wangsu Operating Income vs Cost Of Revenue Analysis

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Operating Income

Cost Of Revenue

Wangsu Science fundamental ratios Correlations

Wangsu Science Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wangsu Science fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.98	Accounts Payable
Property Plant Equipment	+ 0.97	Total Current Liabilities
Net Tangible Assets	+ 0.97	Total Stockholder Equity
Common Stock	+ 0.97	Retained Earnings

Deferred Long Term Liab	- 0.81	Other Stockholder Equity
Other Stockholder Equity	- 0.79	Common Stock
Other Stockholder Equity	- 0.78	Net Tangible Assets
Other Stockholder Equity	- 0.77	Short Term Investments
Other Stockholder Equity	- 0.75	Retained Earnings
Other Stockholder Equity	- 0.74	Total Stockholder Equity