Guangzhou Income Tax Expense vs Cost Of Revenue Analysis

300404 Stock   8.94  0.06  0.67%   
Guangzhou Boji financial indicator trend analysis is much more than just examining Guangzhou Boji Medical latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Boji Medical is a good investment. Please check the relationship between Guangzhou Boji Income Tax Expense and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Boji Medical. 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.

Income Tax Expense vs Cost Of Revenue

Income Tax Expense vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangzhou Boji Medical Income Tax Expense account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Guangzhou Boji's Income Tax Expense and Cost Of Revenue is -0.08. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Guangzhou Boji Medical, assuming nothing else is changed. The correlation between historical values of Guangzhou Boji's Income Tax Expense 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 Income Tax Expense of Guangzhou Boji Medical 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 Income Tax Expense i.e., Guangzhou Boji's Income Tax Expense and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Cost Of Revenue

Cost of Revenue is found on Guangzhou Boji Medical income statement and represents the costs associated with goods and services Guangzhou Boji 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 Guangzhou Boji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Boji Medical 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 Boji Medical. 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.
As of November 29, 2024, Selling General Administrative is expected to decline to about 33.8 M. The current year's Tax Provision is expected to grow to about (9.1 M)
 2021 2022 2023 2024 (projected)
Gross Profit140.1M160.7M185.3M110.9M
Research Development27.6M43.7M55.0M57.7M

Guangzhou Boji fundamental ratios Correlations

0.030.970.990.820.90.820.780.870.880.890.170.870.550.90.880.87-0.760.850.840.790.950.180.750.85-0.35
0.030.120.010.350.08-0.23-0.190.11-0.03-0.120.92-0.140.280.040.27-0.17-0.290.00.33-0.26-0.080.04-0.480.290.45
0.970.120.930.890.830.840.740.910.790.870.260.880.50.880.890.81-0.790.860.890.740.970.210.740.93-0.34
0.990.010.930.770.920.790.790.830.90.880.140.830.570.890.850.88-0.740.810.80.790.920.160.730.79-0.34
0.820.350.890.770.760.710.460.860.670.740.510.750.620.80.90.52-0.830.810.970.40.830.00.540.88-0.21
0.90.080.830.920.760.740.710.790.850.840.220.770.770.860.780.71-0.720.740.730.630.790.140.640.72-0.35
0.82-0.230.840.790.710.740.850.910.730.96-0.070.990.440.910.710.68-0.740.90.690.680.90.10.960.79-0.78
0.78-0.190.740.790.460.710.850.790.750.87-0.160.870.260.820.520.83-0.530.790.450.870.780.350.830.68-0.69
0.870.110.910.830.860.790.910.790.70.940.270.960.530.970.820.66-0.850.950.840.620.920.250.810.94-0.57
0.88-0.030.790.90.670.850.730.750.70.810.050.730.50.760.750.84-0.630.790.70.750.82-0.150.660.62-0.37
0.89-0.120.870.880.740.840.960.870.940.810.060.980.550.970.80.73-0.820.930.760.690.920.110.910.81-0.69
0.170.920.260.140.510.22-0.07-0.160.270.050.060.020.460.220.49-0.16-0.540.140.52-0.290.07-0.03-0.320.440.35
0.87-0.140.880.830.750.770.990.870.960.730.980.020.460.950.760.71-0.780.930.740.70.930.190.930.85-0.72
0.550.280.50.570.620.770.440.260.530.50.550.460.460.60.640.19-0.670.430.590.070.42-0.090.30.48-0.17
0.90.040.880.890.80.860.910.820.970.760.970.220.950.60.820.68-0.860.920.80.640.90.20.830.89-0.61
0.880.270.890.850.90.780.710.520.820.750.80.490.760.640.820.6-0.930.770.960.450.85-0.090.570.84-0.23
0.87-0.170.810.880.520.710.680.830.660.840.73-0.160.710.190.680.6-0.430.690.560.970.830.280.690.63-0.3
-0.76-0.29-0.79-0.74-0.83-0.72-0.74-0.53-0.85-0.63-0.82-0.54-0.78-0.67-0.86-0.93-0.43-0.78-0.89-0.3-0.760.07-0.59-0.840.42
0.850.00.860.810.810.740.90.790.950.790.930.140.930.430.920.770.69-0.780.810.660.920.060.830.86-0.6
0.840.330.890.80.970.730.690.450.840.70.760.520.740.590.80.960.56-0.890.810.410.85-0.060.540.86-0.19
0.79-0.260.740.790.40.630.680.870.620.750.69-0.290.70.070.640.450.97-0.30.660.410.780.380.720.58-0.39
0.95-0.080.970.920.830.790.90.780.920.820.920.070.930.420.90.850.83-0.760.920.850.780.150.860.88-0.47
0.180.040.210.160.00.140.10.350.25-0.150.11-0.030.19-0.090.2-0.090.280.070.06-0.060.380.150.140.270.02
0.75-0.480.740.730.540.640.960.830.810.660.91-0.320.930.30.830.570.69-0.590.830.540.720.860.140.65-0.8
0.850.290.930.790.880.720.790.680.940.620.810.440.850.480.890.840.63-0.840.860.860.580.880.270.65-0.39
-0.350.45-0.34-0.34-0.21-0.35-0.78-0.69-0.57-0.37-0.690.35-0.72-0.17-0.61-0.23-0.30.42-0.6-0.19-0.39-0.470.02-0.8-0.39
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Guangzhou Boji Account Relationship Matchups

Guangzhou Boji fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets633.1M749.6M1.1B1.3B1.4B758.3M
Other Current Liab94.8M153.9M175.9M6.3M6.7M6.4M
Total Current Liabilities160.9M245.9M270.8M300.2M357.5M187.5M
Total Stockholder Equity422.7M444.2M814.0M855.0M955.9M528.3M
Other Liab17.2M16.1M18.7M16.3M18.8M11.4M
Retained Earnings123.6M131.8M170.6M167.5M186.5M142.9M
Accounts Payable42.6M50.9M55.8M79.0M101.4M106.5M
Cash57.4M146.4M384.5M306.9M397.2M417.0M
Other Assets39.7M45.0M84.2M80.4M92.4M97.0M
Net Receivables83.2M42.6M108.3M91.5M114.4M77.9M
Inventory91.5M93.2M148.3M168.4M199.1M209.0M
Other Current Assets34.4M46.4M39.0M3.8M1.9M1.8M
Total Liab177.0M264.6M291.8M376.7M448.8M471.3M
Intangible Assets24.1M23.4M22.5M22.4M21.9M22.8M
Common Stock133.9M173.3M226.6M261.5M300.7M315.7M
Property Plant Equipment200.2M204.5M185.9M225.8M259.6M154.3M
Net Tangible Assets360.5M370.5M392.7M763.4M877.9M483.8M
Short Term Investments29.0M49.5M20M45.7M7.4M7.0M
Deferred Long Term Liab1.9M4.1M3.1M4.8M5.5M5.7M
Total Current Assets286.4M374.9M700.1M701.2M815.2M514.5M
Non Current Assets Total346.6M374.8M438.1M564.2M613.7M428.2M
Non Currrent Assets Other928.1K11.4M8.2M10.1M5.3M7.0M
Non Current Liabilities Total16.1M18.7M21.0M76.5M91.3M95.9M
Short Long Term Debt15M32.0M25.2M20.2M29.9M19.4M
Common Stock Shares Outstanding225.3M226.6M261.5M368.4M382.0M301.3M
Net Invested Capital437.7M476.2M839.2M929.5M1.1B719.5M
Net Working Capital125.5M128.9M429.3M401.0M457.7M287.3M
Capital Stock173.3M226.6M261.5M368.4M382.0M283.4M

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Other Information on Investing in Guangzhou Stock

Balance Sheet is a snapshot of the financial position of Guangzhou Boji Medical at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Boji Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Boji 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.