Weihai Cost Of Revenue vs Net Interest Income Analysis

300699 Stock   34.62  0.70  2.06%   
Weihai Guangwei financial indicator trend analysis is more than just analyzing Weihai Guangwei Comp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Weihai Guangwei Comp is a good investment. Please check the relationship between Weihai Guangwei 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 Weihai Guangwei Composites. 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 Weihai Guangwei Comp Cost Of Revenue account and Net Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Weihai Guangwei's Cost Of Revenue and Net Interest Income is 0.81. 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 Weihai Guangwei Composites, assuming nothing else is changed. The correlation between historical values of Weihai Guangwei'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 Weihai Guangwei Composites 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., Weihai Guangwei's Cost Of Revenue and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Weihai Guangwei Comp income statement and represents the costs associated with goods and services Weihai Guangwei 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 Weihai Guangwei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Weihai Guangwei Comp 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 Weihai Guangwei Composites. 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 30, 2024, Selling General Administrative is expected to decline to about 62.6 M. In addition to that, Tax Provision is expected to decline to about 87.9 M
 2021 2022 2023 2024 (projected)
Operating Income841.9M991.1M1.1B1.1B
Total Revenue2.6B2.5B2.5B1.5B

Weihai Guangwei fundamental ratios Correlations

-0.360.580.360.990.960.77-0.11-0.820.890.870.880.930.090.750.860.750.460.910.230.680.60.97-0.470.840.35
-0.36-0.130.49-0.44-0.470.110.250.73-0.15-0.53-0.58-0.15-0.39-0.36-0.590.23-0.86-0.35-0.51-0.70.06-0.470.99-0.340.48
0.58-0.130.220.570.550.64-0.29-0.40.650.370.390.61-0.530.450.290.520.170.610.270.390.370.52-0.210.590.08
0.360.490.220.230.190.510.58-0.010.340.340.230.58-0.18-0.030.190.62-0.130.47-0.67-0.390.860.180.450.440.86
0.99-0.440.570.230.970.73-0.2-0.840.870.850.870.880.10.790.860.70.490.880.330.760.50.98-0.540.80.25
0.96-0.470.550.190.970.68-0.24-0.860.840.820.890.840.230.780.870.630.540.830.360.780.490.96-0.560.790.13
0.770.110.640.510.730.680.02-0.510.950.60.60.84-0.180.580.560.69-0.030.74-0.070.320.60.66-0.040.730.46
-0.110.25-0.290.58-0.2-0.240.020.1-0.130.180.00.050.17-0.31-0.03-0.05-0.060.0-0.57-0.530.49-0.220.250.070.57
-0.820.73-0.4-0.01-0.84-0.86-0.510.1-0.71-0.91-0.97-0.64-0.36-0.7-0.96-0.27-0.78-0.74-0.32-0.8-0.46-0.870.8-0.790.01
0.89-0.150.650.340.870.840.95-0.13-0.710.740.750.85-0.040.760.730.680.20.810.150.580.550.84-0.280.780.31
0.87-0.530.370.340.850.820.60.18-0.910.740.940.740.310.660.930.470.70.850.120.620.710.88-0.60.790.33
0.88-0.580.390.230.870.890.60.0-0.970.750.940.750.340.660.980.410.710.80.140.680.620.89-0.660.880.19
0.93-0.150.610.580.880.840.840.05-0.640.850.740.75-0.050.530.710.780.270.91-0.050.380.70.8-0.270.850.5
0.09-0.39-0.53-0.180.10.23-0.180.17-0.36-0.040.310.34-0.050.130.39-0.320.490.060.150.280.060.18-0.36-0.05-0.3
0.75-0.360.45-0.030.790.780.58-0.31-0.70.760.660.660.530.130.670.550.370.60.510.790.250.84-0.450.520.03
0.86-0.590.290.190.860.870.56-0.03-0.960.730.930.980.710.390.670.40.70.790.130.70.570.89-0.660.820.18
0.750.230.520.620.70.630.69-0.05-0.270.680.470.410.78-0.320.550.4-0.080.630.00.250.540.670.140.550.67
0.46-0.860.17-0.130.490.54-0.03-0.06-0.780.20.70.710.270.490.370.7-0.080.530.310.610.340.56-0.840.44-0.26
0.91-0.350.610.470.880.830.740.0-0.740.810.850.80.910.060.60.790.630.530.040.510.730.84-0.440.780.34
0.23-0.510.27-0.670.330.36-0.07-0.57-0.320.150.120.14-0.050.150.510.130.00.310.040.78-0.440.39-0.51-0.09-0.56
0.68-0.70.39-0.390.760.780.32-0.53-0.80.580.620.680.380.280.790.70.250.610.510.780.00.82-0.750.42-0.32
0.60.060.370.860.50.490.60.49-0.460.550.710.620.70.060.250.570.540.340.73-0.440.00.490.010.670.65
0.97-0.470.520.180.980.960.66-0.22-0.870.840.880.890.80.180.840.890.670.560.840.390.820.49-0.560.760.21
-0.470.99-0.210.45-0.54-0.56-0.040.250.8-0.28-0.6-0.66-0.27-0.36-0.45-0.660.14-0.84-0.44-0.51-0.750.01-0.56-0.440.42
0.84-0.340.590.440.80.790.730.07-0.790.780.790.880.85-0.050.520.820.550.440.78-0.090.420.670.76-0.440.41
0.350.480.080.860.250.130.460.570.010.310.330.190.5-0.30.030.180.67-0.260.34-0.56-0.320.650.210.420.41
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Weihai Guangwei Account Relationship Matchups

Weihai Guangwei fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.6B5.6B6.3B7.1B4.1B
Other Current Liab(100.3M)101.1M4.3M224.7M129.5M136.0M
Total Current Liabilities473.1M509.9M759.0M822.5M977.2M664.5M
Total Stockholder Equity3.2B3.6B4.1B4.9B5.4B3.0B
Other Liab339.9M422.0M534.5M510.5M587.1M345.1M
Property Plant And Equipment Net1.1B1.4B1.8B2.4B3.0B3.2B
Net Debt(692.0M)(1.5B)(1.9B)(1.3B)(528.5M)(554.9M)
Retained Earnings1.1B1.5B2.0B2.5B3.0B3.2B
Accounts Payable384.7M408.8M616.2M542.1M379.8M325.0M
Cash869.4M1.5B1.9B1.4B1.1B715.4M
Non Current Assets Total1.3B1.8B2.3B2.8B3.4B1.7B
Other Assets65.2M1.0108.8M193.5M1.151.09
Cash And Short Term Investments1.3B1.5B1.9B1.4B1.1B756.6M
Net Receivables1.1B1.1B894.5M1.4B2.1B1.2B
Liabilities And Stockholders Equity4.1B4.6B5.6B6.3B7.1B4.1B
Non Current Liabilities Total339.9M422.0M535.1M513.5M123.7M117.5M
Inventory296.9M286.3M412.0M645.0M456.0M296.2M
Other Current Assets18.6M22.4M37.7M71.7M16.2M15.4M
Other Stockholder Equity1.6B1.7B1.5B1.5B1.2B1.2B
Total Liab813.1M932.0M1.3B1.3B1.1B1.0B
Total Current Assets2.7B2.8B3.3B3.5B3.7B2.3B
Intangible Assets146.4M260.1M233.6M231.3M239.8M192.6M
Property Plant Equipment1.1B1.4B1.8B2.4B2.7B2.9B
Non Currrent Assets Other496.1M48.0M114.1M164.6M19.6M18.6M
Net Tangible Assets3.1B3.4B3.9B4.6B5.3B3.1B
Deferred Long Term Liab1.9M554.0K10.9M43.8M50.3M52.9M
Net Invested Capital3.2B3.6B4.1B4.9B5.6B4.2B
Net Working Capital2.2B2.3B2.5B2.7B2.7B2.6B

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Other Information on Investing in Weihai Stock

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