Shanghai Gross Profit vs Total Revenue Analysis

301099 Stock

42.11 2.31 5.80%

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

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Yct Electronics Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between Shanghai Yct's Gross Profit and Total Revenue is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shanghai Yct Electronics, assuming nothing else is changed. The correlation between historical values of Shanghai Yct's Gross Profit 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 Gross Profit of Shanghai Yct Electronics 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 Gross Profit i.e., Shanghai Yct's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

Gross profit is a required income statement account that reflects total revenue of Shanghai Yct Electronics minus its cost of goods sold. It is profit before Shanghai Yct operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Revenue

Total revenue comprises all receipts Shanghai Yct Electronics 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 Shanghai Yct's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Yct Electronics 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 Shanghai Yct Electronics. 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 24.3 M, whereas Selling General Administrative is forecasted to decline to about 79.9 M.

	2021	2022	2023	2024 (projected)
Interest Expense	13.4M	17.5M	29.9M	25.6M
Interest Income	205.0K	1.6M	3.2M	3.3M

Interest Expense Interest Income

Shanghai Yct fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Net Invested Capital	Short Long Term Debt	Total Current Assets	Capital Stock	Net Working Capital	Intangible Assets	Property Plant And Equipment Net	Non Currrent Assets Other	Capital Lease Obligations	Property Plant And Equipment Gross	Good Will
Total Assets		-0.77	0.97	0.95	0.96	0.97	-0.12	0.93	0.91	1.0	0.92	0.81	0.93	0.74	0.97	0.99	0.99	1.0	0.95	0.92	0.92	0.95	0.92	0.97	0.97	0.75
Other Current Liab	-0.77		-0.66	-0.85	-0.84	-0.88	0.65	-0.78	-0.71	-0.77	-0.92	-0.88	-0.7	-0.91	-0.65	-0.81	-0.76	-0.8	-0.82	-0.85	-0.71	-0.73	-0.69	-0.72	-0.75	-0.57
Total Current Liabilities	0.97	-0.66		0.87	0.87	0.91	0.08	0.83	0.92	0.98	0.81	0.71	0.92	0.66	0.99	0.94	0.99	0.95	0.86	0.81	0.93	0.96	0.94	0.98	0.97	0.74
Total Stockholder Equity	0.95	-0.85	0.87		0.98	0.99	-0.36	0.95	0.84	0.95	0.98	0.84	0.91	0.84	0.85	0.97	0.92	0.97	0.99	0.99	0.85	0.88	0.85	0.9	0.91	0.66
Net Debt	0.96	-0.84	0.87	0.98		0.96	-0.35	0.99	0.83	0.94	0.98	0.92	0.83	0.74	0.88	0.98	0.93	0.98	0.99	0.99	0.8	0.86	0.79	0.87	0.9	0.75
Retained Earnings	0.97	-0.88	0.91	0.99	0.96		-0.31	0.92	0.88	0.97	0.97	0.83	0.94	0.87	0.89	0.98	0.95	0.98	0.96	0.95	0.9	0.92	0.91	0.95	0.94	0.66
Accounts Payable	-0.12	0.65	0.08	-0.36	-0.35	-0.31		-0.33	0.02	-0.1	-0.49	-0.52	-0.07	-0.54	0.08	-0.22	-0.08	-0.19	-0.33	-0.43	0.03	0.01	0.03	-0.01	-0.03	0.01
Cash	0.93	-0.78	0.83	0.95	0.99	0.92	-0.33		0.79	0.9	0.95	0.91	0.78	0.66	0.86	0.96	0.9	0.95	0.99	0.98	0.75	0.83	0.72	0.82	0.87	0.77
Non Current Assets Total	0.91	-0.71	0.92	0.84	0.83	0.88	0.02	0.79		0.93	0.81	0.72	0.86	0.68	0.91	0.89	0.92	0.9	0.85	0.79	0.98	0.99	0.89	0.93	0.98	0.86
Net Receivables	1.0	-0.77	0.98	0.95	0.94	0.97	-0.1	0.9	0.93		0.91	0.79	0.95	0.77	0.96	0.98	0.99	0.99	0.94	0.91	0.94	0.97	0.94	0.99	0.98	0.74
Common Stock Shares Outstanding	0.92	-0.92	0.81	0.98	0.98	0.97	-0.49	0.95	0.81	0.91		0.92	0.83	0.85	0.81	0.96	0.89	0.95	0.97	0.99	0.8	0.84	0.78	0.85	0.87	0.68
Short Term Investments	0.81	-0.88	0.71	0.84	0.92	0.83	-0.52	0.91	0.72	0.79	0.92		0.59	0.65	0.75	0.87	0.81	0.84	0.88	0.89	0.64	0.73	0.57	0.68	0.77	0.78
Inventory	0.93	-0.7	0.92	0.91	0.83	0.94	-0.07	0.78	0.86	0.95	0.83	0.59		0.84	0.87	0.9	0.91	0.92	0.85	0.83	0.93	0.91	0.98	0.97	0.91	0.53
Other Current Assets	0.74	-0.91	0.66	0.84	0.74	0.87	-0.54	0.66	0.68	0.77	0.85	0.65	0.84		0.6	0.76	0.72	0.76	0.76	0.79	0.75	0.71	0.8	0.78	0.71	0.34
Total Liab	0.97	-0.65	0.99	0.85	0.88	0.89	0.08	0.86	0.91	0.96	0.81	0.75	0.87	0.6		0.94	0.98	0.95	0.86	0.82	0.9	0.95	0.89	0.95	0.96	0.79
Net Invested Capital	0.99	-0.81	0.94	0.97	0.98	0.98	-0.22	0.96	0.89	0.98	0.96	0.87	0.9	0.76	0.94		0.98	1.0	0.98	0.96	0.88	0.93	0.88	0.94	0.96	0.76
Short Long Term Debt	0.99	-0.76	0.99	0.92	0.93	0.95	-0.08	0.9	0.92	0.99	0.89	0.81	0.91	0.72	0.98	0.98		0.98	0.91	0.88	0.92	0.96	0.92	0.97	0.97	0.76
Total Current Assets	1.0	-0.8	0.95	0.97	0.98	0.98	-0.19	0.95	0.9	0.99	0.95	0.84	0.92	0.76	0.95	1.0	0.98		0.97	0.95	0.9	0.94	0.9	0.95	0.96	0.75
Capital Stock	0.95	-0.82	0.86	0.99	0.99	0.96	-0.33	0.99	0.85	0.94	0.97	0.88	0.85	0.76	0.86	0.98	0.91	0.97		0.99	0.83	0.87	0.8	0.87	0.91	0.74
Net Working Capital	0.92	-0.85	0.81	0.99	0.99	0.95	-0.43	0.98	0.79	0.91	0.99	0.89	0.83	0.79	0.82	0.96	0.88	0.95	0.99		0.78	0.83	0.76	0.84	0.87	0.69
Intangible Assets	0.92	-0.71	0.93	0.85	0.8	0.9	0.03	0.75	0.98	0.94	0.8	0.64	0.93	0.75	0.9	0.88	0.92	0.9	0.83	0.78		0.99	0.96	0.97	0.97	0.74
Property Plant And Equipment Net	0.95	-0.73	0.96	0.88	0.86	0.92	0.01	0.83	0.99	0.97	0.84	0.73	0.91	0.71	0.95	0.93	0.96	0.94	0.87	0.83	0.99		0.94	0.97	1.0	0.82
Non Currrent Assets Other	0.92	-0.69	0.94	0.85	0.79	0.91	0.03	0.72	0.89	0.94	0.78	0.57	0.98	0.8	0.89	0.88	0.92	0.9	0.8	0.76	0.96	0.94		0.99	0.93	0.57
Capital Lease Obligations	0.97	-0.72	0.98	0.9	0.87	0.95	-0.01	0.82	0.93	0.99	0.85	0.68	0.97	0.78	0.95	0.94	0.97	0.95	0.87	0.84	0.97	0.97	0.99		0.97	0.67
Property Plant And Equipment Gross	0.97	-0.75	0.97	0.91	0.9	0.94	-0.03	0.87	0.98	0.98	0.87	0.77	0.91	0.71	0.96	0.96	0.97	0.96	0.91	0.87	0.97	1.0	0.93	0.97		0.83
Good Will	0.75	-0.57	0.74	0.66	0.75	0.66	0.01	0.77	0.86	0.74	0.68	0.78	0.53	0.34	0.79	0.76	0.76	0.75	0.74	0.69	0.74	0.82	0.57	0.67	0.83

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ESRT	Empire State Realty
C	Citigroup
C	Citigroup

Other Information on Investing in Shanghai Stock

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

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Shanghai Gross Profit vs Total Revenue Analysis

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

Correlation Coefficient

Gross Profit

Total Revenue

Shanghai Yct fundamental ratios Correlations

Shanghai Yct Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Shanghai Stock

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Net Receivables	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Net Invested Capital
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Net Invested Capital	+ 0.99	Total Assets
Short Long Term Debt	+ 0.99	Total Assets

Common Stock Shares Outstanding	- 0.92	Other Current Liab
Other Current Assets	- 0.91	Other Current Liab
Short Term Investments	- 0.88	Other Current Liab
Retained Earnings	- 0.88	Other Current Liab
Net Working Capital	- 0.85	Other Current Liab
Total Stockholder Equity	- 0.85	Other Current Liab