Jiangsu Operating Income vs Cost Of Revenue Analysis

600522 Stock   14.75  0.36  2.38%   
Jiangsu Zhongtian financial indicator trend analysis is infinitely more than just investigating Jiangsu Zhongtian recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Zhongtian is a good investment. Please check the relationship between Jiangsu Zhongtian Operating Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Zhongtian Technology. 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiangsu Zhongtian Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jiangsu Zhongtian's Operating Income and Cost Of Revenue is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Jiangsu Zhongtian Technology, assuming nothing else is changed. The correlation between historical values of Jiangsu Zhongtian's Operating 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 Operating Income of Jiangsu Zhongtian Technology 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 Operating Income i.e., Jiangsu Zhongtian's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Jiangsu Zhongtian operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Jiangsu Zhongtian Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on Jiangsu Zhongtian income statement and represents the costs associated with goods and services Jiangsu Zhongtian 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 Jiangsu Zhongtian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Zhongtian 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 Jiangsu Zhongtian Technology. 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 1.5 B, whereas Tax Provision is forecasted to decline to about 363.1 M.
 2021 2022 2023 2024 (projected)
Operating Income4.5B4.1B3.6B3.8B
Total Revenue46.2B40.3B45.1B47.3B

Jiangsu Zhongtian fundamental ratios Correlations

0.380.990.990.990.980.990.980.780.610.980.960.950.980.980.540.820.120.470.92-0.670.480.90.850.950.88
0.380.450.280.310.470.310.270.630.870.540.480.320.390.390.750.240.240.60.390.150.560.30.150.480.47
0.990.450.970.980.990.970.960.80.670.990.960.940.980.980.570.810.140.50.91-0.610.520.90.840.950.89
0.990.280.970.990.960.990.990.740.510.940.940.950.970.970.450.820.070.380.92-0.730.410.890.880.920.85
0.990.310.980.990.961.00.990.720.550.960.930.930.960.960.490.830.060.420.92-0.720.420.880.850.940.84
0.980.470.990.960.960.960.940.840.70.990.980.950.990.980.660.760.240.60.9-0.540.610.910.810.940.91
0.990.310.970.991.00.960.980.720.530.950.920.920.960.960.490.820.040.410.93-0.750.390.870.860.950.83
0.980.270.960.990.990.940.980.690.490.930.920.950.960.960.410.830.010.330.89-0.730.370.890.870.90.83
0.780.630.80.740.720.840.720.690.80.840.890.790.840.80.770.520.50.70.81-0.250.620.780.690.820.91
0.610.870.670.510.550.70.530.490.80.740.690.550.610.610.80.380.290.70.580.050.720.540.340.680.67
0.980.540.990.940.960.990.950.930.840.740.970.920.970.970.680.770.220.610.9-0.540.60.880.780.950.9
0.960.480.960.940.930.980.920.920.890.690.970.950.980.970.630.690.320.60.89-0.520.590.90.830.910.93
0.950.320.940.950.930.950.920.950.790.550.920.950.970.970.480.740.180.430.87-0.560.550.960.880.870.91
0.980.390.980.970.960.990.960.960.840.610.970.980.970.980.580.790.280.550.9-0.60.560.920.850.920.92
0.980.390.980.970.960.980.960.960.80.610.970.970.970.980.560.730.140.50.89-0.590.530.930.850.920.9
0.540.750.570.450.490.660.490.410.770.80.680.630.480.580.560.280.540.920.510.030.770.490.230.60.6
0.820.240.810.820.830.760.820.830.520.380.770.690.740.790.730.28-0.040.190.8-0.710.230.680.730.790.65
0.120.240.140.070.060.240.040.010.50.290.220.320.180.280.140.54-0.040.740.10.270.590.210.070.10.37
0.470.60.50.380.420.60.410.330.70.70.610.60.430.550.50.920.190.740.360.120.830.410.150.460.53
0.920.390.910.920.920.90.930.890.810.580.90.890.870.90.890.510.80.10.36-0.70.320.880.90.980.91
-0.670.15-0.61-0.73-0.72-0.54-0.75-0.73-0.250.05-0.54-0.52-0.56-0.6-0.590.03-0.710.270.12-0.70.26-0.5-0.75-0.66-0.44
0.480.560.520.410.420.610.390.370.620.720.60.590.550.560.530.770.230.590.830.320.260.520.170.40.55
0.90.30.90.890.880.910.870.890.780.540.880.90.960.920.930.490.680.210.410.88-0.50.520.880.870.95
0.850.150.840.880.850.810.860.870.690.340.780.830.880.850.850.230.730.070.150.9-0.750.170.880.850.88
0.950.480.950.920.940.940.950.90.820.680.950.910.870.920.920.60.790.10.460.98-0.660.40.870.850.9
0.880.470.890.850.840.910.830.830.910.670.90.930.910.920.90.60.650.370.530.91-0.440.550.950.880.9
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Jiangsu Zhongtian Account Relationship Matchups

Jiangsu Zhongtian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.2B47.1B45.6B48.7B54.7B57.5B
Other Current Liab2.2B5.1B3.1B465.8M288.4M274.0M
Total Current Liabilities12.9B18.0B15.0B16.3B17.7B18.5B
Total Stockholder Equity21.2B23.5B26.9B30.0B33.2B34.8B
Retained Earnings10.3B12.4B12.3B13.9B16.5B17.3B
Accounts Payable9.0B10.2B8.2B8.3B9.9B10.4B
Cash10.0B11.1B12.4B13.7B15.5B16.3B
Net Receivables7.6B9.4B11.2B10.7B13.6B14.2B
Inventory7.1B6.4B5.6B5.4B5.1B2.6B
Other Current Assets2.5B4.9B1.6B1.8B1.3B848.8M
Total Liab18.7B22.9B17.9B17.4B20.1B21.1B
Intangible Assets1.0B1.1B1.0B1.0B1.0B1.1B
Property Plant Equipment8.9B9.6B9.5B9.5B10.9B11.5B
Other Liab597.4M815.0M889.0M884.0M1.0B1.1B
Long Term Debt5.1B3.9B1.9B133.8M1.4B980.6M
Other Assets838.4M588.0M1.0B1.1B1.3B1.4B
Good Will33.4M22.4M8.4M5.6M6.4M12.5M
Net Tangible Assets18.3B20.3B22.4B25.9B29.8B19.7B
Other Stockholder Equity610.1M665.4M831.3M21.3M19.1M18.2M
Deferred Long Term Liab17.3M23.9M23.7M7.7M8.9M17.5M
Short Long Term Debt1.3B1.2B3.5B3.7B3.4B2.3B
Total Current Assets27.7B33.7B32.3B33.7B37.4B27.8B
Non Current Assets Total12.6B13.4B13.6B14.9B17.3B13.6B
Non Currrent Assets Other192.3M290.6M217.9M160.1M683.9M347.2M
Non Current Liabilities Total5.8B4.9B2.9B1.1B2.4B2.8B
Non Current Liabilities Other555.3M25M40M15M13.5M12.8M
Net Invested Capital27.5B28.6B32.3B33.8B38.0B31.8B
Net Working Capital14.7B15.7B17.0B17.5B19.7B16.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Jiangsu Stock

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