Tianjin Total Operating Expenses vs Cost Of Revenue Analysis

600488 Stock   4.54  0.09  2.02%   
Tianjin Tianyao financial indicator trend analysis is much more than just breaking down Tianjin Tianyao Phar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin Tianyao Phar is a good investment. Please check the relationship between Tianjin Tianyao Total Operating Expenses and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin Tianyao Pharmaceuticals. 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.

Total Operating Expenses vs Cost Of Revenue

Total Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tianjin Tianyao Phar Total Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Tianjin Tianyao's Total Operating Expenses and Cost Of Revenue is 0.82. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Tianjin Tianyao Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of Tianjin Tianyao's Total Operating Expenses 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 Total Operating Expenses of Tianjin Tianyao Pharmaceuticals 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 Total Operating Expenses i.e., Tianjin Tianyao's Total Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Cost Of Revenue

Cost of Revenue is found on Tianjin Tianyao Phar income statement and represents the costs associated with goods and services Tianjin Tianyao 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 Tianjin Tianyao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin Tianyao Phar 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 Tianjin Tianyao Pharmaceuticals. 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 1.2 B, whereas Tax Provision is forecasted to decline to about 5.3 M.
 2021 2022 2023 2024 (projected)
Operating Income239.2M246.9M244.3M157.1M
Total Revenue3.7B3.7B3.8B4.0B

Tianjin Tianyao fundamental ratios Correlations

0.460.930.880.740.950.820.350.810.070.860.76-0.180.950.730.830.85-0.230.730.830.840.430.760.530.880.87
0.460.450.480.040.540.2-0.210.21-0.380.570.66-0.050.350.060.450.250.170.290.20.170.030.280.20.330.32
0.930.450.690.770.820.860.170.84-0.090.70.72-0.150.960.760.650.81-0.190.730.830.870.490.790.650.910.9
0.880.480.690.480.940.590.540.570.140.870.78-0.160.690.470.980.71-0.250.580.540.570.170.590.260.60.59
0.740.040.770.480.580.890.190.970.030.560.38-0.240.820.950.430.92-0.630.850.890.860.490.730.520.930.91
0.950.540.820.940.580.70.380.670.00.90.84-0.220.810.570.910.77-0.160.690.670.710.260.710.340.750.74
0.820.20.860.590.890.70.210.940.10.60.66-0.290.860.910.540.93-0.560.860.780.750.460.930.480.910.9
0.35-0.210.170.540.190.380.210.180.220.40.11-0.340.210.30.640.33-0.320.220.080.15-0.330.31-0.090.10.02
0.810.210.840.570.970.670.940.180.020.670.53-0.230.870.950.510.97-0.610.910.880.830.430.830.460.960.94
0.07-0.38-0.090.140.030.00.10.220.02-0.08-0.020.430.080.00.050.04-0.18-0.190.06-0.090.3-0.05-0.13-0.050.01
0.860.570.70.870.560.90.60.40.67-0.080.65-0.270.720.580.870.76-0.230.720.640.640.050.620.210.710.68
0.760.660.720.780.380.840.660.110.53-0.020.65-0.10.640.370.70.61-0.10.560.40.430.270.730.250.570.6
-0.18-0.05-0.15-0.16-0.24-0.22-0.29-0.34-0.230.43-0.27-0.1-0.15-0.39-0.28-0.30.23-0.36-0.13-0.130.11-0.42-0.12-0.25-0.19
0.950.350.960.690.820.810.860.210.870.080.720.64-0.150.810.630.83-0.210.710.910.90.560.770.630.950.94
0.730.060.760.470.950.570.910.30.950.00.580.37-0.390.810.450.92-0.660.830.80.760.340.820.480.90.85
0.830.450.650.980.430.910.540.640.510.050.870.7-0.280.630.450.67-0.230.570.490.540.060.550.250.550.52
0.850.250.810.710.920.770.930.330.970.040.760.61-0.30.830.920.67-0.670.920.810.770.320.850.380.910.88
-0.230.17-0.19-0.25-0.63-0.16-0.56-0.32-0.61-0.18-0.23-0.10.23-0.21-0.66-0.23-0.67-0.59-0.28-0.20.0-0.45-0.07-0.4-0.35
0.730.290.730.580.850.690.860.220.91-0.190.720.56-0.360.710.830.570.92-0.590.730.740.150.820.290.830.8
0.830.20.830.540.890.670.780.080.880.060.640.4-0.130.910.80.490.81-0.280.730.950.640.590.590.940.95
0.840.170.870.570.860.710.750.150.83-0.090.640.43-0.130.90.760.540.77-0.20.740.950.540.60.650.90.9
0.430.030.490.170.490.260.46-0.330.430.30.050.270.110.560.340.060.320.00.150.640.540.210.620.550.65
0.760.280.790.590.730.710.930.310.83-0.050.620.73-0.420.770.820.550.85-0.450.820.590.60.210.280.790.76
0.530.20.650.260.520.340.48-0.090.46-0.130.210.25-0.120.630.480.250.38-0.070.290.590.650.620.280.590.59
0.880.330.910.60.930.750.910.10.96-0.050.710.57-0.250.950.90.550.91-0.40.830.940.90.550.790.590.99
0.870.320.90.590.910.740.90.020.940.010.680.6-0.190.940.850.520.88-0.350.80.950.90.650.760.590.99
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Tianjin Tianyao Account Relationship Matchups

Tianjin Tianyao fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.3B6.2B6.3B6.7B6.1B3.6B
Other Current Liab278.7M342.7M352.9M17.6M16.9M16.0M
Total Current Liabilities1.8B1.8B2.0B2.3B1.9B1.0B
Total Stockholder Equity2.9B3.0B3.0B3.0B3.0B2.1B
Other Liab115.4M145.7M137.1M158.0M181.7M190.8M
Retained Earnings1.3B1.3B1.4B1.4B1.3B720.8M
Accounts Payable505.0M592.2M565.9M792.9M719.6M755.5M
Cash245.9M244.4M232.2M647.7M718.9M376.3M
Other Assets421.6M539.9M561.4M554.2M637.3M669.2M
Net Receivables364.3M378.6M501.1M342.1M430.0M277.0M
Inventory1.3B1.1B975.6M1.2B725.6M753.7M
Other Current Assets37.3M33.8M47.6M17.9M6.9M6.6M
Total Liab1.7B2.4B2.5B2.9B2.4B1.3B
Intangible Assets167.1M252.0M342.0M427.9M472.1M495.7M
Property Plant Equipment2.5B3.0B3.2B3.3B3.9B4.0B
Net Tangible Assets2.9B2.9B2.8B2.7B3.1B3.0B
Other Stockholder Equity109.6M244.5M207.9M170.4M195.9M100.2M
Short Long Term Debt494.7M830.6M588.6M648.3M270.3M441.2M
Total Current Assets2.0B1.9B1.9B2.4B2.1B2.2B
Non Current Assets Total3.4B4.3B4.5B4.3B4.0B3.7B
Non Currrent Assets Other272.4M371.0M378.3M338.7M287.2M267.0M
Non Current Liabilities Total89.0M598.0M504.6M616.8M448.9M424.1M
Deferred Long Term Liab103.3M134.0M151.0M175.1M201.4M127.7M
Net Invested Capital3.4B4.2B3.9B4.1B3.5B4.0B
Net Working Capital246.1M81.0M(141.0M)80.4M167.8M259.5M
Net Debt248.8M988.6M723.6M459.2M528.1M629.1M

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Other Information on Investing in Tianjin Stock

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