Sinomach Research Development vs Total Operating Expenses Analysis

600335 Stock

6.56 0.21 3.10%

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

Research Development vs Total Operating Expenses

Research Development vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinomach Automobile Research Development account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Sinomach Automobile's Research Development and Total Operating Expenses is -0.69. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Sinomach Automobile Co, assuming nothing else is changed. The correlation between historical values of Sinomach Automobile's Research Development and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Sinomach Automobile Co are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Research Development i.e., Sinomach Automobile's Research Development and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Research Development

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most indicators from Sinomach Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinomach Automobile 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 Sinomach Automobile Co. 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 161.5 M, whereas Selling General Administrative is forecasted to decline to about 549.3 M.

	2021	2022	2023	2024 (projected)
Operating Income	961.7M	1.1B	873.3M	857.2M
Total Revenue	43.9B	39.6B	43.5B	32.8B

Operating Income Total Revenue

Sinomach Automobile fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Retained Earnings	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.44	0.77	0.84	0.72	0.84	0.37	0.65	0.17	0.75	0.47	0.48	0.83	0.64	0.8	0.81	0.79	0.62	-0.66	-0.61	0.59	0.36	0.37	0.63	0.59	-0.61
Other Current Liab	0.44		0.48	0.47	0.51	0.3	0.45	0.52	0.4	0.41	0.14	0.61	0.43	0.52	0.42	0.51	0.6	0.46	-0.48	-0.4	0.44	0.33	0.12	0.42	0.46	-0.47
Total Current Liabilities	0.77	0.48		0.46	0.39	0.57	0.4	0.43	0.21	0.48	0.77	0.71	0.94	0.58	0.37	0.54	0.62	0.33	-0.34	-0.27	0.36	0.26	0.38	0.28	0.3	-0.34
Total Stockholder Equity	0.84	0.47	0.46		0.93	0.84	0.18	0.77	0.25	0.89	0.04	0.19	0.51	0.61	0.98	0.93	0.93	0.91	-0.89	-0.91	0.86	0.57	0.35	0.9	0.68	-0.84
Other Liab	0.72	0.51	0.39	0.93		0.86	0.05	0.81	0.31	0.91	-0.05	0.19	0.39	0.59	0.92	0.96	0.89	0.94	-0.94	-0.9	0.88	0.6	0.56	0.91	0.8	-0.94
Accounts Payable	0.84	0.3	0.57	0.84	0.86		0.09	0.8	0.31	0.85	0.31	0.26	0.57	0.58	0.83	0.91	0.77	0.73	-0.76	-0.66	0.66	0.48	0.55	0.71	0.72	-0.76
Cash	0.37	0.45	0.4	0.18	0.05	0.09		0.28	0.21	0.11	0.13	0.34	0.51	0.24	0.2	0.11	0.22	0.04	-0.12	0.0	0.03	-0.07	-0.18	-0.01	0.15	0.02
Other Assets	0.65	0.52	0.43	0.77	0.81	0.8	0.28		0.64	0.86	0.17	0.12	0.43	0.46	0.78	0.85	0.76	0.76	-0.81	-0.64	0.76	0.71	0.39	0.78	0.86	-0.72
Long Term Debt	0.17	0.4	0.21	0.25	0.31	0.31	0.21	0.64		0.23	0.29	0.27	0.21	0.53	0.19	0.28	0.36	0.22	-0.25	-0.06	0.31	0.6	-0.14	0.27	0.44	-0.09
Net Receivables	0.75	0.41	0.48	0.89	0.91	0.85	0.11	0.86	0.23		0.08	0.08	0.44	0.39	0.9	0.96	0.84	0.9	-0.91	-0.86	0.87	0.66	0.63	0.9	0.81	-0.91
Inventory	0.47	0.14	0.77	0.04	-0.05	0.31	0.13	0.17	0.29	0.08		0.62	0.7	0.35	-0.06	0.14	0.15	-0.17	0.15	0.24	-0.09	0.15	0.09	-0.12	0.04	0.14
Other Current Assets	0.48	0.61	0.71	0.19	0.19	0.26	0.34	0.12	0.27	0.08	0.62		0.63	0.7	0.05	0.25	0.33	-0.01	-0.01	0.04	0.03	0.12	0.11	0.01	0.12	-0.06
Total Liab	0.83	0.43	0.94	0.51	0.39	0.57	0.51	0.43	0.21	0.44	0.7	0.63		0.63	0.43	0.49	0.63	0.33	-0.39	-0.28	0.34	0.14	0.24	0.27	0.34	-0.29
Intangible Assets	0.64	0.52	0.58	0.61	0.59	0.58	0.24	0.46	0.53	0.39	0.35	0.7	0.63		0.48	0.54	0.72	0.46	-0.46	-0.4	0.46	0.36	0.03	0.41	0.36	-0.35
Common Stock	0.8	0.42	0.37	0.98	0.92	0.83	0.2	0.78	0.19	0.9	-0.06	0.05	0.43	0.48		0.91	0.87	0.92	-0.9	-0.91	0.85	0.53	0.37	0.9	0.69	-0.84
Property Plant Equipment	0.81	0.51	0.54	0.93	0.96	0.91	0.11	0.85	0.28	0.96	0.14	0.25	0.49	0.54	0.91		0.88	0.9	-0.89	-0.85	0.85	0.64	0.6	0.89	0.79	-0.91
Retained Earnings	0.79	0.6	0.62	0.93	0.89	0.77	0.22	0.76	0.36	0.84	0.15	0.33	0.63	0.72	0.87	0.88		0.9	-0.88	-0.87	0.88	0.58	0.36	0.83	0.63	-0.82
Net Tangible Assets	0.62	0.46	0.33	0.91	0.94	0.73	0.04	0.76	0.22	0.9	-0.17	-0.01	0.33	0.46	0.92	0.9	0.9		-0.96	-0.98	0.96	0.6	0.48	0.94	0.68	-0.93
Other Stockholder Equity	-0.66	-0.48	-0.34	-0.89	-0.94	-0.76	-0.12	-0.81	-0.25	-0.91	0.15	-0.01	-0.39	-0.46	-0.9	-0.89	-0.88	-0.96		0.92	-0.89	-0.51	-0.53	-0.89	-0.83	0.94
Deferred Long Term Liab	-0.61	-0.4	-0.27	-0.91	-0.9	-0.66	0.0	-0.64	-0.06	-0.86	0.24	0.04	-0.28	-0.4	-0.91	-0.85	-0.87	-0.98	0.92		-0.93	-0.55	-0.45	-0.93	-0.59	0.91
Long Term Investments	0.59	0.44	0.36	0.86	0.88	0.66	0.03	0.76	0.31	0.87	-0.09	0.03	0.34	0.46	0.85	0.85	0.88	0.96	-0.89	-0.93		0.76	0.46	0.96	0.66	-0.84
Short Long Term Debt	0.36	0.33	0.26	0.57	0.6	0.48	-0.07	0.71	0.6	0.66	0.15	0.12	0.14	0.36	0.53	0.64	0.58	0.6	-0.51	-0.55	0.76		0.3	0.77	0.54	-0.5
Total Current Assets	0.37	0.12	0.38	0.35	0.56	0.55	-0.18	0.39	-0.14	0.63	0.09	0.11	0.24	0.03	0.37	0.6	0.36	0.48	-0.53	-0.45	0.46	0.3		0.49	0.59	-0.7
Short Term Debt	0.63	0.42	0.28	0.9	0.91	0.71	-0.01	0.78	0.27	0.9	-0.12	0.01	0.27	0.41	0.9	0.89	0.83	0.94	-0.89	-0.93	0.96	0.77	0.49		0.73	-0.87
Non Current Assets Total	0.59	0.46	0.3	0.68	0.8	0.72	0.15	0.86	0.44	0.81	0.04	0.12	0.34	0.36	0.69	0.79	0.63	0.68	-0.83	-0.59	0.66	0.54	0.59	0.73		-0.76
Non Currrent Assets Other	-0.61	-0.47	-0.34	-0.84	-0.94	-0.76	0.02	-0.72	-0.09	-0.91	0.14	-0.06	-0.29	-0.35	-0.84	-0.91	-0.82	-0.93	0.94	0.91	-0.84	-0.5	-0.7	-0.87	-0.76

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Sinomach Automobile Account Relationship Matchups

Sinomach Automobile fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	37.9B	32.2B	30.1B	32.5B	34.5B	36.2B
Other Current Liab	5.1B	5.8B	8.1B	187.0M	2.2B	2.0B
Total Current Liabilities	24.4B	19.7B	18.6B	20.1B	22.7B	11.9B
Total Stockholder Equity	10.1B	10.5B	10.6B	11.2B	10.9B	11.5B
Other Liab	578.6M	710.4M	680.9M	563.4M	648.0M	680.4M
Accounts Payable	14.9B	9.8B	7.3B	11.3B	13.2B	13.9B
Cash	5.8B	4.4B	5.2B	3.2B	3.6B	2.7B
Other Assets	2.3B	3.3B	1.9B	1.6B	1.8B	1.9B
Long Term Debt	2.5B	1.4B	80.4M	234.0M	34.1M	32.4M
Net Receivables	7.5B	4.5B	5.6B	6.7B	6.4B	6.7B
Inventory	12.1B	6.7B	3.5B	7.3B	7.1B	5.8B
Other Current Assets	3.4B	3.4B	3.9B	1.1B	1.5B	1.8B
Total Liab	27.6B	21.8B	19.6B	21.3B	23.6B	12.3B
Intangible Assets	823.9M	771.1M	690.7M	636.8M	624.3M	349.0M
Property Plant Equipment	3.1B	3.3B	2.5B	2.7B	3.1B	3.2B
Retained Earnings	5.6B	5.9B	6.0B	6.0B	5.9B	3.6B
Net Tangible Assets	8.9B	9.3B	9.8B	9.9B	11.4B	8.7B
Other Stockholder Equity	195.6M	11.0M	80.2M	87.9M	79.1M	150.3M
Deferred Long Term Liab	209.2M	216.9M	167.8M	146.2M	131.5M	178.6M
Short Long Term Debt	3.2B	2.0B	1.5B	2.6B	2.1B	2.9B
Total Current Assets	29.4B	25.8B	24.0B	26.6B	28.7B	27.6B
Non Current Assets Total	8.5B	6.4B	6.1B	6.0B	5.7B	6.8B
Non Currrent Assets Other	5.5B	7.1M	7.2M	13.3M	12.0M	11.4M
Non Current Liabilities Total	3.2B	2.1B	1.0B	1.3B	884.3M	1.5B
Non Current Liabilities Other	30.7M	31.6M	36.8M	28.2M	26.2M	21.2M
Net Invested Capital	15.8B	14.0B	12.2B	14.1B	13.1B	11.5B
Net Working Capital	4.9B	6.2B	5.4B	6.5B	6.0B	5.9B

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Other Information on Investing in Sinomach Stock

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

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Sinomach Research Development vs Total Operating Expenses Analysis

Research Development vs Total Operating Expenses

Research Development vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Research Development

Total Operating Expenses

Sinomach Automobile fundamental ratios Correlations

Sinomach Automobile Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sinomach Automobile fundamental ratios Accounts

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Other Information on Investing in Sinomach Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock	+ 0.98	Total Stockholder Equity
Property Plant Equipment	+ 0.96	Other Liab
Property Plant Equipment	+ 0.96	Net Receivables
Long Term Investments	+ 0.96	Net Tangible Assets
Short Term Debt	+ 0.96	Long Term Investments
Total Liab	+ 0.94	Total Current Liabilities

Deferred Long Term Liab	- 0.98	Net Tangible Assets
Other Stockholder Equity	- 0.96	Net Tangible Assets
Non Currrent Assets Other	- 0.94	Other Liab
Other Stockholder Equity	- 0.94	Other Liab
Short Term Debt	- 0.93	Deferred Long Term Liab
Long Term Investments	- 0.93	Deferred Long Term Liab