Shandong Interest Income vs Cost Of 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 Interest Income and its Cost Of 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.

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Sinocera Func Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shandong Sinocera's Interest Income and Cost Of Revenue is -0.04. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of 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 Interest 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 Interest Income of Shandong Sinocera Func 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 Interest Income i.e., Shandong Sinocera's Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Cost Of Revenue

Cost of Revenue is found on Shandong Sinocera Func income statement and represents the costs associated with goods and services Shandong Sinocera 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 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 Income975.8M597.5M812.5M853.2M
Total Revenue3.2B3.2B3.9B4.1B

Shandong Sinocera fundamental ratios Correlations

0.940.921.00.80.990.980.650.831.00.980.810.940.950.970.970.890.970.61-0.810.930.940.110.81-0.3-0.03
0.940.880.910.930.930.950.670.820.950.910.740.960.90.870.920.770.930.5-0.70.90.87-0.090.93-0.26-0.02
0.920.880.880.660.870.940.460.810.930.880.590.980.970.90.920.790.840.36-0.620.780.84-0.140.710.080.23
1.00.910.880.790.990.970.660.820.990.980.830.910.930.970.960.90.970.65-0.840.940.940.180.78-0.38-0.09
0.80.930.660.790.810.810.780.680.820.770.750.80.690.710.750.630.830.55-0.630.870.73-0.060.96-0.47-0.2
0.990.930.870.990.810.980.60.860.980.980.810.910.920.950.980.860.990.59-0.830.920.950.130.8-0.39-0.15
0.980.950.940.970.810.980.60.890.980.950.730.960.960.940.980.810.970.53-0.730.890.910.030.8-0.24-0.05
0.650.670.460.660.780.60.60.370.640.560.730.580.480.620.50.580.650.78-0.430.830.550.330.78-0.5-0.07
0.830.820.810.820.680.860.890.370.820.820.520.830.830.730.910.570.890.21-0.540.70.78-0.090.65-0.22-0.18
1.00.950.930.990.820.980.980.640.820.980.810.960.960.970.970.890.950.58-0.80.930.940.040.83-0.270.0
0.980.910.880.980.770.980.950.560.820.980.840.910.930.960.970.90.930.53-0.830.90.950.040.78-0.32-0.04
0.810.740.590.830.750.810.730.730.520.810.840.670.650.820.720.860.770.7-0.760.90.840.220.77-0.53-0.14
0.940.960.980.910.80.910.960.580.830.960.910.670.950.90.930.790.890.42-0.660.850.86-0.150.84-0.050.15
0.950.90.970.930.690.920.960.480.830.960.930.650.950.930.960.830.90.45-0.740.820.89-0.040.71-0.080.07
0.970.870.90.970.710.950.940.620.730.970.960.820.90.930.930.930.910.66-0.810.910.920.160.72-0.270.03
0.970.920.920.960.750.980.980.50.910.970.970.720.930.960.930.820.960.46-0.770.850.930.030.75-0.24-0.06
0.890.770.790.90.630.860.810.580.570.890.90.860.790.830.930.820.80.63-0.880.880.940.150.7-0.240.04
0.970.930.840.970.830.990.970.650.890.950.930.770.890.90.910.960.80.62-0.770.920.910.190.79-0.43-0.2
0.610.50.360.650.550.590.530.780.210.580.530.70.420.450.660.460.630.62-0.620.730.530.70.48-0.63-0.22
-0.81-0.7-0.62-0.84-0.63-0.83-0.73-0.43-0.54-0.8-0.83-0.76-0.66-0.74-0.81-0.77-0.88-0.77-0.62-0.76-0.85-0.19-0.60.470.3
0.930.90.780.940.870.920.890.830.70.930.90.90.850.820.910.850.880.920.73-0.760.910.220.89-0.45-0.1
0.940.870.840.940.730.950.910.550.780.940.950.840.860.890.920.930.940.910.53-0.850.910.080.79-0.28-0.09
0.11-0.09-0.140.18-0.060.130.030.33-0.090.040.040.22-0.15-0.040.160.030.150.190.7-0.190.220.08-0.13-0.56-0.26
0.810.930.710.780.960.80.80.780.650.830.780.770.840.710.720.750.70.790.48-0.60.890.79-0.13-0.3-0.04
-0.3-0.260.08-0.38-0.47-0.39-0.24-0.5-0.22-0.27-0.32-0.53-0.05-0.08-0.27-0.24-0.24-0.43-0.630.47-0.45-0.28-0.56-0.30.72
-0.03-0.020.23-0.09-0.2-0.15-0.05-0.07-0.180.0-0.04-0.140.150.070.03-0.060.04-0.2-0.220.3-0.1-0.09-0.26-0.040.72
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Shandong Sinocera Account Relationship Matchups

Shandong Sinocera fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.8B6.0B7.9B7.5B8.8B9.2B
Other Current Liab53.3M53.9M190.0M120.6M165.2M173.5M
Total Current Liabilities731.0M547.7M897.2M814.1M1.4B1.5B
Total Stockholder Equity3.7B5.0B5.7B5.9B6.3B6.6B
Other Liab83.9M108.1M813.3M343.0M394.5M414.2M
Retained Earnings1.6B2.1B2.8B3.2B3.3B3.5B
Accounts Payable343.5M391.3M598.3M558.6M774.7M813.4M
Cash300.0M1.2B1.9B566.2M718.8M473.2M
Other Assets51.3M50.8M178.1M354.2M407.4M427.8M
Net Receivables1.0B1.0B1.6B1.4B1.7B1.7B
Inventory570.6M493.4M705.6M890.8M789.5M828.9M
Other Current Assets44.9M45.6M63.7M59.0M43.3M26.7M
Total Liab850.7M655.8M1.7B1.2B2.0B2.1B
Intangible Assets141.8M133.6M174.2M168.9M273.4M287.1M
Common Stock598.3M642.2M963.3M1.0B1.2B1.2B
Property Plant Equipment1.1B1.2B1.6B2.1B2.4B2.5B
Net Tangible Assets1.5B2.0B3.3B4.0B4.6B4.9B
Short Term Investments48M150M102.0M25.6M29.5M45.7M
Total Current Assets2.0B3.1B4.4B3.2B3.7B2.6B
Non Current Assets Total2.8B3.0B3.5B4.3B5.1B3.3B
Non Currrent Assets Other14.5M1.2B126.8M292.4M106.7M101.3M
Non Current Liabilities Total119.7M108.1M845.4M382.4M552.6M327.8M
Short Long Term Debt498M320.1M200.8M1.7M282.9M201.5M
Net Invested Capital3.9B5.0B5.7B5.9B6.9B5.3B
Non Current Liabilities Other107.2M35.8M691.7M231.2M123.9M117.7M
Net Working Capital1.2B2.5B3.5B2.4B2.2B2.1B
Deferred Long Term Liab12.3M10.1M7.4M8.2M7.4M7.9M

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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.