Tonghua Net Interest Income vs Cost Of Revenue Analysis

600365 Stock   2.91  0.07  2.46%   
Tonghua Grape financial indicator trend analysis is much more than just breaking down Tonghua Grape Wine prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tonghua Grape Wine is a good investment. Please check the relationship between Tonghua Grape Net Interest Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tonghua Grape Wine. 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.

Net Interest Income vs Cost Of Revenue

Net Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tonghua Grape Wine Net Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Tonghua Grape's Net Interest Income and Cost Of Revenue is -0.73. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tonghua Grape Wine, assuming nothing else is changed. The correlation between historical values of Tonghua Grape's Net Interest Income 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 Net Interest Income of Tonghua Grape Wine 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 Net Interest Income i.e., Tonghua Grape's Net Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Cost Of Revenue

Cost of Revenue is found on Tonghua Grape Wine income statement and represents the costs associated with goods and services Tonghua Grape 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 Tonghua Grape's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tonghua Grape Wine 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 Tonghua Grape Wine. 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 Selling General Administrative is expected to grow to about 59.7 M. The current year's Tax Provision is expected to grow to about 9.8 M
 2021 2023 2024 (projected)
Other Operating Expenses11.7M10.5M9.8M
Research Development751.8K930.4K706.7K

Tonghua Grape fundamental ratios Correlations

-0.270.620.74-0.170.560.210.540.870.480.470.150.850.70.160.350.72-0.080.650.19-0.53-0.490.140.11-0.030.02
-0.27-0.21-0.140.460.090.11-0.25-0.110.18-0.430.31-0.2-0.31-0.270.090.040.29-0.44-0.290.40.51-0.520.17-0.640.32
0.62-0.21-0.06-0.50.3-0.490.550.74-0.070.850.170.860.840.29-0.140.68-0.620.720.44-0.78-0.620.51-0.350.26-0.53
0.74-0.14-0.060.250.490.710.220.50.69-0.140.040.320.16-0.070.570.320.440.22-0.180.01-0.07-0.310.46-0.270.47
-0.170.46-0.50.250.00.730.01-0.290.18-0.71-0.21-0.5-0.59-0.860.1-0.390.68-0.47-0.610.620.46-0.770.63-0.650.65
0.560.090.30.490.00.20.020.690.510.140.450.510.420.210.50.690.270.37-0.280.020.0-0.260.31-0.080.18
0.210.11-0.490.710.730.2-0.06-0.090.48-0.65-0.06-0.24-0.42-0.570.44-0.170.66-0.31-0.640.540.4-0.670.65-0.510.62
0.54-0.250.550.220.010.02-0.060.45-0.150.48-0.040.440.42-0.16-0.150.3-0.220.20.3-0.53-0.830.310.010.15-0.16
0.87-0.110.740.5-0.290.69-0.090.450.460.540.130.870.820.380.30.74-0.090.730.16-0.56-0.490.090.1-0.04-0.02
0.480.18-0.070.690.180.510.48-0.150.46-0.29-0.020.280.130.130.380.210.410.19-0.30.180.26-0.50.39-0.530.44
0.47-0.430.85-0.14-0.710.14-0.650.480.54-0.290.230.70.770.4-0.260.61-0.760.720.72-0.87-0.720.84-0.630.69-0.72
0.150.310.170.04-0.210.45-0.06-0.040.13-0.020.230.320.10.140.220.71-0.26-0.160.130.010.050.2-0.310.23-0.31
0.85-0.20.860.32-0.50.51-0.240.440.870.280.70.320.880.40.190.85-0.450.720.37-0.67-0.530.39-0.230.12-0.32
0.7-0.310.840.16-0.590.42-0.420.420.820.130.770.10.880.5-0.070.67-0.470.770.45-0.84-0.620.47-0.280.27-0.4
0.16-0.270.29-0.07-0.860.21-0.57-0.160.380.130.40.140.40.50.140.32-0.270.350.3-0.36-0.310.37-0.250.33-0.27
0.350.09-0.140.570.10.50.44-0.150.30.38-0.260.220.19-0.070.140.260.380.04-0.350.40.25-0.370.35-0.30.37
0.720.040.680.32-0.390.69-0.170.30.740.210.610.710.850.670.320.26-0.30.490.31-0.47-0.370.33-0.20.19-0.25
-0.080.29-0.620.440.680.270.66-0.22-0.090.41-0.76-0.26-0.45-0.47-0.270.38-0.3-0.35-0.690.640.38-0.850.91-0.620.95
0.65-0.440.720.22-0.470.37-0.310.20.730.190.72-0.160.720.770.350.040.49-0.350.42-0.67-0.40.42-0.250.29-0.28
0.19-0.290.44-0.18-0.61-0.28-0.640.30.16-0.30.720.130.370.450.3-0.350.31-0.690.42-0.72-0.490.85-0.770.58-0.57
-0.530.4-0.780.010.620.020.54-0.53-0.560.18-0.870.01-0.67-0.84-0.360.4-0.470.64-0.67-0.720.76-0.730.48-0.480.54
-0.490.51-0.62-0.070.460.00.4-0.83-0.490.26-0.720.05-0.53-0.62-0.310.25-0.370.38-0.4-0.490.76-0.60.16-0.470.32
0.14-0.520.51-0.31-0.77-0.26-0.670.310.09-0.50.840.20.390.470.37-0.370.33-0.850.420.85-0.73-0.6-0.830.84-0.8
0.110.17-0.350.460.630.310.650.010.10.39-0.63-0.31-0.23-0.28-0.250.35-0.20.91-0.25-0.770.480.16-0.83-0.660.89
-0.03-0.640.26-0.27-0.65-0.08-0.510.15-0.04-0.530.690.230.120.270.33-0.30.19-0.620.290.58-0.48-0.470.84-0.66-0.73
0.020.32-0.530.470.650.180.62-0.16-0.020.44-0.72-0.31-0.32-0.4-0.270.37-0.250.95-0.28-0.570.540.32-0.80.89-0.73
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Tonghua Grape Account Relationship Matchups

Tonghua Grape fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B857.6M945.9M894.7M767.8M
Other Current Liab58.7M44.1M154.9M1.7M1.5M1.4M
Total Current Liabilities336.0M334.6M405.5M498.6M437.5M230.2M
Total Stockholder Equity662.0M594.1M364.9M332.0M307.9M493.4M
Retained Earnings(285.9M)(353.8M)(350.0M)(408.8M)(481.7M)(457.6M)
Accounts Payable38.4M31.7M26.6M42.5M41.1M48.0M
Cash97.9M150.8M11.7M18.1M26.3M25.0M
Net Receivables296.7M60.8M127.7M209.4M152.8M115.3M
Inventory314.3M240.6M262.0M262.8M202.7M181.8M
Other Current Assets74.9M76.7M92.7M7.6M8.2M7.8M
Total Liab408.9M406.5M492.7M613.8M586.6M616.0M
Intangible Assets371.4K787.1K20.7M20.5M20.0M21.1M
Property Plant Equipment217.8M209.4M198.8M212.7M244.6M186.0M
Other Assets28.2M25.2M24.6M3.9M4.5M4.3M
Net Tangible Assets656.8M625.5M557.2M308.1M277.3M468.0M
Deferred Long Term Liab2.5M1.6M3.5M2.3M2.6M2.8M
Non Current Assets Total348.8M338.0M351.2M343.2M328.9M358.9M
Non Currrent Assets Other10.5M8.1M782.2K3.4M2.1M2.0M
Long Term Debt2.3M766.9K5.9M3.3M3.0M3.3M
Non Current Liabilities Total72.8M71.9M87.1M115.1M149.1M156.6M
Total Current Assets794.3M742.2M506.4M602.7M565.8M570.8M
Net Invested Capital771.6M729.1M397.5M350.3M327.2M453.3M
Net Working Capital458.3M407.6M100.9M104.1M128.3M245.8M

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Other Information on Investing in Tonghua Stock

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