Shenzhen Cost Of Revenue vs Net Income From Continuing Ops Analysis

300942 Stock   8.48  0.50  5.57%   
Shenzhen Bioeasy financial indicator trend analysis is much more than just breaking down Shenzhen Bioeasy Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Bioeasy Bio is a good investment. Please check the relationship between Shenzhen Bioeasy Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Bioeasy Biotechnology. 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 Income From Continuing Ops

Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Bioeasy Bio Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shenzhen Bioeasy's Cost Of Revenue and Net Income From Continuing Ops is -0.14. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Shenzhen Bioeasy Biotechnology, assuming nothing else is changed. The correlation between historical values of Shenzhen Bioeasy's Cost Of Revenue and Net Income From Continuing Ops 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 Shenzhen Bioeasy Biotechnology are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Shenzhen Bioeasy's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Shenzhen Bioeasy Bio income statement and represents the costs associated with goods and services Shenzhen Bioeasy 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 Income From Continuing Ops

Most indicators from Shenzhen Bioeasy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Bioeasy Bio 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 Shenzhen Bioeasy Biotechnology. 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.
The current year's Tax Provision is expected to grow to about 14 M, whereas Selling General Administrative is forecasted to decline to about 76.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.3M4.1M10.6M11.2M
Tax Provision31.6M12.2M7.2M14.0M

Shenzhen Bioeasy fundamental ratios Correlations

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0.970.980.920.70.890.940.920.890.790.910.680.750.92-0.780.890.880.91-0.870.920.890.60.55-0.870.890.76
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0.830.70.830.670.720.860.880.940.50.580.130.680.89-0.880.750.930.71-0.760.660.620.140.6-0.530.660.68
0.910.890.890.780.720.850.820.830.870.770.410.920.86-0.720.90.810.98-0.960.930.890.330.81-0.880.930.9
0.990.940.980.850.860.850.940.960.730.790.480.750.96-0.830.870.960.87-0.850.90.860.480.58-0.810.890.81
0.930.920.970.930.880.820.940.950.690.860.420.690.99-0.920.840.940.84-0.830.790.720.530.51-0.750.780.68
0.950.890.960.840.940.830.960.950.60.790.40.730.96-0.860.881.00.83-0.870.80.770.390.58-0.690.790.73
0.790.790.750.650.50.870.730.690.60.610.410.880.7-0.620.660.570.92-0.730.90.840.290.79-0.940.910.89
0.820.910.890.970.580.770.790.860.790.610.640.520.85-0.730.860.790.75-0.830.710.660.770.29-0.690.670.48
0.530.680.530.530.130.410.480.420.40.410.640.340.37-0.350.460.410.44-0.410.520.650.460.15-0.490.480.28
0.820.750.760.550.680.920.750.690.730.880.520.340.72-0.640.70.690.94-0.80.890.890.00.96-0.860.910.95
0.960.920.980.920.890.860.960.990.960.70.850.370.72-0.880.880.960.87-0.870.830.750.530.55-0.780.820.74
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0.90.890.910.830.750.90.870.840.880.660.860.460.70.88-0.750.880.84-0.980.830.80.50.54-0.690.810.72
0.940.880.950.840.930.810.960.941.00.570.790.410.690.96-0.850.880.8-0.850.790.760.410.53-0.670.780.71
0.930.910.910.790.710.980.870.840.830.920.750.440.940.87-0.720.840.8-0.90.960.910.340.82-0.950.960.92
-0.9-0.87-0.9-0.81-0.76-0.96-0.85-0.83-0.87-0.73-0.83-0.41-0.8-0.870.76-0.98-0.85-0.9-0.85-0.82-0.4-0.670.74-0.84-0.78
0.940.920.890.740.660.930.90.790.80.90.710.520.890.83-0.640.830.790.96-0.850.960.380.76-0.951.00.94
0.910.890.850.650.620.890.860.720.770.840.660.650.890.75-0.620.80.760.91-0.820.960.260.77-0.880.960.9
0.460.60.540.770.140.330.480.530.390.290.770.460.00.53-0.320.50.410.34-0.40.380.26-0.25-0.430.320.08
0.660.550.570.330.60.810.580.510.580.790.290.150.960.55-0.50.540.530.82-0.670.760.77-0.25-0.730.80.91
-0.86-0.87-0.83-0.74-0.53-0.88-0.81-0.75-0.69-0.94-0.69-0.49-0.86-0.780.57-0.69-0.67-0.950.74-0.95-0.88-0.43-0.73-0.95-0.88
0.930.890.870.710.660.930.890.780.790.910.670.480.910.82-0.640.810.780.96-0.841.00.960.320.8-0.950.96
0.850.760.770.540.680.90.810.680.730.890.480.280.950.74-0.590.720.710.92-0.780.940.90.080.91-0.880.96
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Shenzhen Bioeasy Account Relationship Matchups

Shenzhen Bioeasy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets619.7M652.9M1.2B1.3B1.4B869.7M
Total Current Liabilities68.1M78.1M156.6M199.8M136.9M111.1M
Total Stockholder Equity528.4M549.1M944.8M964.9M849.0M655.8M
Retained Earnings163.4M183.8M402.3M331.9M138.4M209.0M
Cash420.8M374.2M339.2M247.5M481.7M337.2M
Other Assets11.7M10.0M28.9M41.6M47.9M50.3M
Cash And Short Term Investments183.1M440.8M374.2M679.4M781.4M390.9M
Net Receivables74.2M62.3M97.2M83.9M76.1M73.0M
Liabilities And Stockholders Equity296.8M619.7M652.9M1.2B1.3B1.4B
Inventory31.3M61.6M93.9M100.6M31.5M55.9M
Other Current Assets5.3M4.9M3.0M213.3M12.0M11.4M
Total Liab91.3M103.8M207.8M317.8M507.6M533.0M
Total Current Assets569.7M526.1M897.6M674.4M737.7M600.8M
Intangible Assets1.4M44.1M42.6M42.4M41.4M27.2M
Property Plant Equipment15.7M29.4M44.9M143.4M165.0M173.2M

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Other Information on Investing in Shenzhen Stock

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