China Gross Profit vs Total Revenue Analysis

600536 Stock

54.10 1.34 2.42%

China National financial indicator trend analysis is way more than just evaluating China National Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China National Software is a good investment. Please check the relationship between China National Gross Profit and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China National Software. 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 China National Software Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.

The correlation between China National's Gross Profit and Total Revenue is 0.91. 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 China National Software, assuming nothing else is changed. The correlation between historical values of China National'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 China National Software 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., China National's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.91

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 China National Software minus its cost of goods sold. It is profit before China National 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 China National Software 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 China National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China National Software 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 China National Software. 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 676.1 M, whereas Discontinued Operations is forecasted to decline to (743.4 K).

	2021	2022	2023	2024 (projected)
Other Operating Expenses	275.7M	358.1M	411.8M	432.4M
Gross Profit	3.1B	3.0B	2.5B	2.4B

Other Operating Expenses Gross Profit

China National fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Short Term Investments	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.27	0.98	0.75	0.75	0.95	0.76	0.81	0.87	0.8	0.1	0.99	0.66	0.84	0.86	0.09	-0.84	0.87	-0.45	0.83	0.83	0.84	0.74	0.86	0.74	-0.16
Other Current Liab	0.27		0.31	0.43	0.57	0.41	0.67	0.04	0.33	0.71	0.9	0.3	-0.19	-0.07	-0.02	0.4	-0.31	-0.02	-0.27	-0.03	0.31	-0.11	0.21	0.39	-0.25	-0.39
Total Current Liabilities	0.98	0.31		0.68	0.72	0.98	0.73	0.81	0.85	0.83	0.08	1.0	0.56	0.77	0.77	0.05	-0.78	0.84	-0.39	0.85	0.86	0.86	0.76	0.93	0.75	-0.13
Total Stockholder Equity	0.75	0.43	0.68		0.93	0.7	0.88	0.43	0.91	0.74	0.45	0.68	0.49	0.67	0.63	0.14	-0.86	0.55	-0.49	0.53	0.61	0.35	0.64	0.47	0.38	-0.2
Retained Earnings	0.75	0.57	0.72	0.93		0.78	0.88	0.44	0.89	0.85	0.5	0.71	0.34	0.58	0.5	0.09	-0.86	0.53	-0.51	0.52	0.73	0.33	0.74	0.56	0.32	-0.27
Accounts Payable	0.95	0.41	0.98	0.7	0.78		0.76	0.74	0.86	0.89	0.16	0.97	0.45	0.7	0.66	0.01	-0.77	0.79	-0.38	0.82	0.9	0.79	0.82	0.93	0.68	-0.2
Cash	0.76	0.67	0.73	0.88	0.88	0.76		0.44	0.82	0.88	0.62	0.72	0.33	0.53	0.55	0.3	-0.71	0.54	-0.47	0.46	0.7	0.37	0.54	0.65	0.35	-0.15
Other Assets	0.81	0.04	0.81	0.43	0.44	0.74	0.44		0.59	0.51	-0.17	0.83	0.55	0.68	0.78	0.31	-0.68	0.74	-0.24	0.79	0.64	0.83	0.61	0.72	0.72	-0.1
Net Receivables	0.87	0.33	0.85	0.91	0.89	0.86	0.82	0.59		0.82	0.22	0.84	0.5	0.72	0.66	0.01	-0.82	0.68	-0.48	0.75	0.81	0.59	0.78	0.71	0.65	-0.11
Inventory	0.8	0.71	0.83	0.74	0.85	0.89	0.88	0.51	0.82		0.52	0.83	0.19	0.44	0.49	0.22	-0.67	0.58	-0.37	0.57	0.85	0.52	0.66	0.84	0.46	-0.3
Other Current Assets	0.1	0.9	0.08	0.45	0.5	0.16	0.62	-0.17	0.22	0.52		0.07	-0.12	-0.1	-0.03	0.44	-0.26	-0.14	-0.33	-0.26	0.08	-0.33	-0.04	0.09	-0.42	-0.36
Total Liab	0.99	0.3	1.0	0.68	0.71	0.97	0.72	0.83	0.84	0.83	0.07		0.57	0.77	0.8	0.08	-0.78	0.86	-0.38	0.86	0.87	0.88	0.76	0.92	0.77	-0.16
Intangible Assets	0.66	-0.19	0.56	0.49	0.34	0.45	0.33	0.55	0.5	0.19	-0.12	0.57		0.92	0.84	-0.12	-0.65	0.76	-0.55	0.59	0.28	0.62	0.37	0.3	0.52	-0.14
Common Stock	0.84	-0.07	0.77	0.67	0.58	0.7	0.53	0.68	0.72	0.44	-0.1	0.77	0.92		0.86	-0.12	-0.8	0.88	-0.5	0.76	0.55	0.74	0.63	0.51	0.65	-0.15
Property Plant Equipment	0.86	-0.02	0.77	0.63	0.5	0.66	0.55	0.78	0.66	0.49	-0.03	0.8	0.84	0.86		0.22	-0.76	0.84	-0.39	0.69	0.54	0.79	0.46	0.56	0.71	-0.13
Other Liab	0.09	0.4	0.05	0.14	0.09	0.01	0.3	0.31	0.01	0.22	0.44	0.08	-0.12	-0.12	0.22		-0.08	-0.1	0.04	-0.19	-0.06	-0.06	-0.25	0.07	-0.08	-0.1
Short Term Investments	-0.84	-0.31	-0.78	-0.86	-0.86	-0.77	-0.71	-0.68	-0.82	-0.67	-0.26	-0.78	-0.65	-0.8	-0.76	-0.08		-0.7	0.48	-0.67	-0.65	-0.54	-0.74	-0.54	-0.45	0.32
Long Term Debt	0.87	-0.02	0.84	0.55	0.53	0.79	0.54	0.74	0.68	0.58	-0.14	0.86	0.76	0.88	0.84	-0.1	-0.7		-0.38	0.85	0.76	0.9	0.7	0.71	0.81	-0.24
Good Will	-0.45	-0.27	-0.39	-0.49	-0.51	-0.38	-0.47	-0.24	-0.48	-0.37	-0.33	-0.38	-0.55	-0.5	-0.39	0.04	0.48	-0.38		-0.21	-0.35	-0.16	-0.23	-0.25	-0.12	0.03
Net Tangible Assets	0.83	-0.03	0.85	0.53	0.52	0.82	0.46	0.79	0.75	0.57	-0.26	0.86	0.59	0.76	0.69	-0.19	-0.67	0.85	-0.21		0.78	0.89	0.87	0.76	0.88	-0.22
Other Stockholder Equity	0.83	0.31	0.86	0.61	0.73	0.9	0.7	0.64	0.81	0.85	0.08	0.87	0.28	0.55	0.54	-0.06	-0.65	0.76	-0.35	0.78		0.72	0.78	0.88	0.74	-0.08
Deferred Long Term Liab	0.84	-0.11	0.86	0.35	0.33	0.79	0.37	0.83	0.59	0.52	-0.33	0.88	0.62	0.74	0.79	-0.06	-0.54	0.9	-0.16	0.89	0.72		0.64	0.82	0.9	-0.11
Long Term Investments	0.74	0.21	0.76	0.64	0.74	0.82	0.54	0.61	0.78	0.66	-0.04	0.76	0.37	0.63	0.46	-0.25	-0.74	0.7	-0.23	0.87	0.78	0.64		0.66	0.61	-0.41
Total Current Assets	0.86	0.39	0.93	0.47	0.56	0.93	0.65	0.72	0.71	0.84	0.09	0.92	0.3	0.51	0.56	0.07	-0.54	0.71	-0.25	0.76	0.88	0.82	0.66		0.71	-0.08
Non Current Assets Total	0.74	-0.25	0.75	0.38	0.32	0.68	0.35	0.72	0.65	0.46	-0.42	0.77	0.52	0.65	0.71	-0.08	-0.45	0.81	-0.12	0.88	0.74	0.9	0.61	0.71		0.06
Non Currrent Assets Other	-0.16	-0.39	-0.13	-0.2	-0.27	-0.2	-0.15	-0.1	-0.11	-0.3	-0.36	-0.16	-0.14	-0.15	-0.13	-0.1	0.32	-0.24	0.03	-0.22	-0.08	-0.11	-0.41	-0.08	0.06

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China National Account Relationship Matchups

China National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.7B	8.7B	10.9B	10.3B	9.3B	9.7B
Other Current Liab	777.0M	1.3B	1.6B	20.6M	22.0M	20.9M
Total Current Liabilities	3.5B	5.4B	6.4B	5.9B	5.0B	5.2B
Total Stockholder Equity	2.3B	2.3B	2.4B	2.5B	2.3B	1.5B
Retained Earnings	803.0M	824.5M	879.3M	828.6M	573.4M	424.8M
Accounts Payable	2.3B	3.5B	4.1B	3.5B	2.6B	2.7B
Cash	2.6B	2.5B	3.3B	2.4B	1.9B	1.4B
Other Assets	117.4M	150.5M	183.5M	229.4M	263.8M	276.9M
Net Receivables	1.6B	2.1B	2.1B	2.5B	2.1B	1.1B
Inventory	1.1B	1.7B	2.6B	1.6B	976.6M	719.3M
Other Current Assets	234.0M	294.3M	387.5M	32.4M	49.8M	47.3M
Total Liab	4.0B	5.8B	7.6B	6.7B	5.8B	6.1B
Intangible Assets	197.5M	182.5M	191.8M	243.3M	443.9M	466.1M
Property Plant Equipment	500.5M	484.2M	483.8M	811.3M	933.0M	979.6M
Other Liab	99.5M	175.4M	353.3M	128.4M	147.7M	153.0M
Long Term Debt	402.6M	210M	675M	630M	676M	709.8M
Net Tangible Assets	2.1B	2.1B	2.3B	2.3B	2.7B	2.2B
Other Stockholder Equity	(35.8M)	(33.2M)	(34.3M)	(29.5M)	(33.9M)	(35.6M)
Deferred Long Term Liab	9.9M	17.0M	29.8M	65.5M	75.3M	79.1M
Total Current Assets	5.5B	7.4B	8.7B	7.4B	6.3B	6.5B
Non Current Assets Total	1.3B	1.3B	2.2B	2.9B	2.9B	2.0B
Non Currrent Assets Other	7.5M	7.2M	8.5K	13.8M	4.6M	5.9M
Non Current Liabilities Total	489.5M	385.4M	1.2B	855.5M	844.6M	709.6M
Short Long Term Debt	249.9M	308.1M	302.8M	415.9M	557.8M	377.1M
Non Current Liabilities Other	390M	15.5M	42.1M	29.5M	30.1M	28.6M
Net Invested Capital	2.9B	2.8B	3.4B	3.5B	3.5B	3.4B
Net Working Capital	2.0B	1.9B	2.4B	1.5B	1.3B	1.5B

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

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China Gross Profit vs Total Revenue Analysis

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

Correlation Coefficient

Gross Profit

Total Revenue

China National fundamental ratios Correlations

China National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China National fundamental ratios Accounts

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Total Liab	+ 1.0	Total Current Liabilities
Total Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.97	Accounts Payable
Accounts Payable	+ 0.95	Total Assets

Short Term Investments	- 0.86	Retained Earnings
Short Term Investments	- 0.86	Total Stockholder Equity
Short Term Investments	- 0.84	Total Assets
Short Term Investments	- 0.82	Net Receivables
Short Term Investments	- 0.8	Common Stock
Short Term Investments	- 0.78	Total Liab