Shandong Ebit vs Total Revenue Analysis

300285 Stock

18.49 0.13 0.70%

Shandong Sinocera financial indicator trend analysis is much more than just breaking down Shandong Sinocera Func prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Sinocera Func is a good investment. Please check the relationship between Shandong Sinocera Ebit and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Sinocera Func. 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.

Ebit vs Total Revenue

Ebit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Sinocera Func Ebit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shandong Sinocera's Ebit and Total Revenue is 0.92. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shandong Sinocera Func, assuming nothing else is changed. The correlation between historical values of Shandong Sinocera's Ebit and Total 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 Ebit of Shandong Sinocera Func are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebit i.e., Shandong Sinocera's Ebit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebit

Total Revenue

Total revenue comprises all receipts Shandong Sinocera Func generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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

As of November 27, 2024, Selling General Administrative is expected to decline to about 89.2 M. In addition to that, Tax Provision is expected to decline to about 71.2 M

	2021	2022	2023	2024 (projected)
Operating Income	975.8M	597.5M	812.5M	853.2M
Total Revenue	3.2B	3.2B	3.9B	4.1B

Operating Income Total Revenue

Shandong Sinocera fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Short Term Investments	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Short Term Debt
Total Assets		0.94	0.92	1.0	0.8	0.99	0.98	0.65	0.83	1.0	0.98	0.81	0.94	0.95	0.97	0.97	0.89	0.97	0.61	-0.81	0.93	0.94	0.11	0.81	-0.3	-0.03
Other Current Liab	0.94		0.88	0.91	0.93	0.93	0.95	0.67	0.82	0.95	0.91	0.74	0.96	0.9	0.87	0.92	0.77	0.93	0.5	-0.7	0.9	0.87	-0.09	0.93	-0.26	-0.02
Total Current Liabilities	0.92	0.88		0.88	0.66	0.87	0.94	0.46	0.81	0.93	0.88	0.59	0.98	0.97	0.9	0.92	0.79	0.84	0.36	-0.62	0.78	0.84	-0.14	0.71	0.08	0.23
Total Stockholder Equity	1.0	0.91	0.88		0.79	0.99	0.97	0.66	0.82	0.99	0.98	0.83	0.91	0.93	0.97	0.96	0.9	0.97	0.65	-0.84	0.94	0.94	0.18	0.78	-0.38	-0.09
Other Liab	0.8	0.93	0.66	0.79		0.81	0.81	0.78	0.68	0.82	0.77	0.75	0.8	0.69	0.71	0.75	0.63	0.83	0.55	-0.63	0.87	0.73	-0.06	0.96	-0.47	-0.2
Retained Earnings	0.99	0.93	0.87	0.99	0.81		0.98	0.6	0.86	0.98	0.98	0.81	0.91	0.92	0.95	0.98	0.86	0.99	0.59	-0.83	0.92	0.95	0.13	0.8	-0.39	-0.15
Accounts Payable	0.98	0.95	0.94	0.97	0.81	0.98		0.6	0.89	0.98	0.95	0.73	0.96	0.96	0.94	0.98	0.81	0.97	0.53	-0.73	0.89	0.91	0.03	0.8	-0.24	-0.05
Cash	0.65	0.67	0.46	0.66	0.78	0.6	0.6		0.37	0.64	0.56	0.73	0.58	0.48	0.62	0.5	0.58	0.65	0.78	-0.43	0.83	0.55	0.33	0.78	-0.5	-0.07
Other Assets	0.83	0.82	0.81	0.82	0.68	0.86	0.89	0.37		0.82	0.82	0.52	0.83	0.83	0.73	0.91	0.57	0.89	0.21	-0.54	0.7	0.78	-0.09	0.65	-0.22	-0.18
Net Receivables	1.0	0.95	0.93	0.99	0.82	0.98	0.98	0.64	0.82		0.98	0.81	0.96	0.96	0.97	0.97	0.89	0.95	0.58	-0.8	0.93	0.94	0.04	0.83	-0.27	0.0
Inventory	0.98	0.91	0.88	0.98	0.77	0.98	0.95	0.56	0.82	0.98		0.84	0.91	0.93	0.96	0.97	0.9	0.93	0.53	-0.83	0.9	0.95	0.04	0.78	-0.32	-0.04
Other Current Assets	0.81	0.74	0.59	0.83	0.75	0.81	0.73	0.73	0.52	0.81	0.84		0.67	0.65	0.82	0.72	0.86	0.77	0.7	-0.76	0.9	0.84	0.22	0.77	-0.53	-0.14
Total Liab	0.94	0.96	0.98	0.91	0.8	0.91	0.96	0.58	0.83	0.96	0.91	0.67		0.95	0.9	0.93	0.79	0.89	0.42	-0.66	0.85	0.86	-0.15	0.84	-0.05	0.15
Intangible Assets	0.95	0.9	0.97	0.93	0.69	0.92	0.96	0.48	0.83	0.96	0.93	0.65	0.95		0.93	0.96	0.83	0.9	0.45	-0.74	0.82	0.89	-0.04	0.71	-0.08	0.07
Common Stock	0.97	0.87	0.9	0.97	0.71	0.95	0.94	0.62	0.73	0.97	0.96	0.82	0.9	0.93		0.93	0.93	0.91	0.66	-0.81	0.91	0.92	0.16	0.72	-0.27	0.03
Property Plant Equipment	0.97	0.92	0.92	0.96	0.75	0.98	0.98	0.5	0.91	0.97	0.97	0.72	0.93	0.96	0.93		0.82	0.96	0.46	-0.77	0.85	0.93	0.03	0.75	-0.24	-0.06
Good Will	0.89	0.77	0.79	0.9	0.63	0.86	0.81	0.58	0.57	0.89	0.9	0.86	0.79	0.83	0.93	0.82		0.8	0.63	-0.88	0.88	0.94	0.15	0.7	-0.24	0.04
Net Tangible Assets	0.97	0.93	0.84	0.97	0.83	0.99	0.97	0.65	0.89	0.95	0.93	0.77	0.89	0.9	0.91	0.96	0.8		0.62	-0.77	0.92	0.91	0.19	0.79	-0.43	-0.2
Short Term Investments	0.61	0.5	0.36	0.65	0.55	0.59	0.53	0.78	0.21	0.58	0.53	0.7	0.42	0.45	0.66	0.46	0.63	0.62		-0.62	0.73	0.53	0.7	0.48	-0.63	-0.22
Long Term Investments	-0.81	-0.7	-0.62	-0.84	-0.63	-0.83	-0.73	-0.43	-0.54	-0.8	-0.83	-0.76	-0.66	-0.74	-0.81	-0.77	-0.88	-0.77	-0.62		-0.76	-0.85	-0.19	-0.6	0.47	0.3
Total Current Assets	0.93	0.9	0.78	0.94	0.87	0.92	0.89	0.83	0.7	0.93	0.9	0.9	0.85	0.82	0.91	0.85	0.88	0.92	0.73	-0.76		0.91	0.22	0.89	-0.45	-0.1
Non Current Assets Total	0.94	0.87	0.84	0.94	0.73	0.95	0.91	0.55	0.78	0.94	0.95	0.84	0.86	0.89	0.92	0.93	0.94	0.91	0.53	-0.85	0.91		0.08	0.79	-0.28	-0.09
Non Currrent Assets Other	0.11	-0.09	-0.14	0.18	-0.06	0.13	0.03	0.33	-0.09	0.04	0.04	0.22	-0.15	-0.04	0.16	0.03	0.15	0.19	0.7	-0.19	0.22	0.08		-0.13	-0.56	-0.26
Non Current Liabilities Total	0.81	0.93	0.71	0.78	0.96	0.8	0.8	0.78	0.65	0.83	0.78	0.77	0.84	0.71	0.72	0.75	0.7	0.79	0.48	-0.6	0.89	0.79	-0.13		-0.3	-0.04
Short Long Term Debt	-0.3	-0.26	0.08	-0.38	-0.47	-0.39	-0.24	-0.5	-0.22	-0.27	-0.32	-0.53	-0.05	-0.08	-0.27	-0.24	-0.24	-0.43	-0.63	0.47	-0.45	-0.28	-0.56	-0.3		0.72
Short Term Debt	-0.03	-0.02	0.23	-0.09	-0.2	-0.15	-0.05	-0.07	-0.18	0.0	-0.04	-0.14	0.15	0.07	0.03	-0.06	0.04	-0.2	-0.22	0.3	-0.1	-0.09	-0.26	-0.04	0.72

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Shandong Sinocera Account Relationship Matchups

Shandong Sinocera fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.8B	6.0B	7.9B	7.5B	8.8B	9.2B
Other Current Liab	53.3M	53.9M	190.0M	120.6M	165.2M	173.5M
Total Current Liabilities	731.0M	547.7M	897.2M	814.1M	1.4B	1.5B
Total Stockholder Equity	3.7B	5.0B	5.7B	5.9B	6.3B	6.6B
Other Liab	83.9M	108.1M	813.3M	343.0M	394.5M	414.2M
Retained Earnings	1.6B	2.1B	2.8B	3.2B	3.3B	3.5B
Accounts Payable	343.5M	391.3M	598.3M	558.6M	774.7M	813.4M
Cash	300.0M	1.2B	1.9B	566.2M	718.8M	473.2M
Other Assets	51.3M	50.8M	178.1M	354.2M	407.4M	427.8M
Net Receivables	1.0B	1.0B	1.6B	1.4B	1.7B	1.7B
Inventory	570.6M	493.4M	705.6M	890.8M	789.5M	828.9M
Other Current Assets	44.9M	45.6M	63.7M	59.0M	43.3M	26.7M
Total Liab	850.7M	655.8M	1.7B	1.2B	2.0B	2.1B
Intangible Assets	141.8M	133.6M	174.2M	168.9M	273.4M	287.1M
Common Stock	598.3M	642.2M	963.3M	1.0B	1.2B	1.2B
Property Plant Equipment	1.1B	1.2B	1.6B	2.1B	2.4B	2.5B
Net Tangible Assets	1.5B	2.0B	3.3B	4.0B	4.6B	4.9B
Short Term Investments	48M	150M	102.0M	25.6M	29.5M	45.7M
Total Current Assets	2.0B	3.1B	4.4B	3.2B	3.7B	2.6B
Non Current Assets Total	2.8B	3.0B	3.5B	4.3B	5.1B	3.3B
Non Currrent Assets Other	14.5M	1.2B	126.8M	292.4M	106.7M	101.3M
Non Current Liabilities Total	119.7M	108.1M	845.4M	382.4M	552.6M	327.8M
Short Long Term Debt	498M	320.1M	200.8M	1.7M	282.9M	201.5M
Net Invested Capital	3.9B	5.0B	5.7B	5.9B	6.9B	5.3B
Non Current Liabilities Other	107.2M	35.8M	691.7M	231.2M	123.9M	117.7M
Net Working Capital	1.2B	2.5B	3.5B	2.4B	2.2B	2.1B
Deferred Long Term Liab	12.3M	10.1M	7.4M	8.2M	7.4M	7.9M

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Other Information on Investing in Shandong Stock

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

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Shandong Ebit vs Total Revenue Analysis

Ebit vs Total Revenue

Ebit vs Total Revenue Correlation Analysis

Correlation Coefficient

Ebit

Total Revenue

Shandong Sinocera fundamental ratios Correlations

Shandong Sinocera Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shandong Sinocera fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Net Receivables	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Net Receivables	+ 0.99	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Retained Earnings

Long Term Investments	- 0.88	Good Will
Non Current Assets Total	- 0.85	Long Term Investments
Long Term Investments	- 0.84	Total Stockholder Equity
Long Term Investments	- 0.83	Inventory
Long Term Investments	- 0.83	Retained Earnings
Long Term Investments	- 0.81	Common Stock