Datang Cost Of Revenue vs Total Other Income Expense Net Analysis

600744 Stock   3.49  0.03  0.87%   
Datang HuaYin financial indicator trend analysis is much more than just examining Datang HuaYin Electric latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datang HuaYin Electric is a good investment. Please check the relationship between Datang HuaYin Cost Of Revenue and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang HuaYin Electric. 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.

Cost Of Revenue vs Total Other Income Expense Net

Cost Of Revenue vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Cost Of Revenue account and Total Other Income Expense Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Datang HuaYin's Cost Of Revenue and Total Other Income Expense Net is 0.45. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Datang HuaYin Electric, assuming nothing else is changed. The correlation between historical values of Datang HuaYin's Cost Of Revenue and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Datang HuaYin Electric are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Cost Of Revenue i.e., Datang HuaYin's Cost Of Revenue and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on Datang HuaYin Electric income statement and represents the costs associated with goods and services Datang HuaYin 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.

Total Other Income Expense Net

Most indicators from Datang HuaYin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datang HuaYin Electric 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 Datang HuaYin Electric. 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 39.7 M, whereas Selling General Administrative is forecasted to decline to about 17 M.

Datang HuaYin fundamental ratios Correlations

0.210.790.020.19-0.750.520.390.840.80.31-0.090.460.330.980.660.750.950.3-0.440.50.610.420.30.440.17
0.210.330.370.480.15-0.230.080.36-0.180.550.530.47-0.040.150.530.330.29-0.550.390.10.010.180.02-0.09-0.71
0.790.33-0.20.11-0.750.560.520.740.380.310.020.430.340.830.40.680.690.14-0.540.690.720.80.590.65-0.15
0.020.37-0.20.240.37-0.63-0.210.36-0.160.050.140.04-0.48-0.180.40.430.16-0.170.47-0.230.06-0.21-0.47-0.22-0.21
0.190.480.110.240.03-0.020.160.19-0.02-0.060.130.060.270.130.120.110.31-0.160.270.230.03-0.01-0.130.05-0.34
-0.750.15-0.750.370.03-0.51-0.56-0.63-0.59-0.020.52-0.2-0.44-0.8-0.22-0.57-0.59-0.550.89-0.71-0.77-0.68-0.67-0.81-0.25
0.52-0.230.56-0.63-0.02-0.510.110.210.540.21-0.020.380.520.630.06-0.030.510.16-0.320.170.140.250.250.190.21
0.390.080.52-0.210.16-0.560.110.270.13-0.330.0-0.260.070.430.080.420.180.0-0.590.780.470.550.790.65-0.13
0.840.360.740.360.19-0.630.210.270.470.41-0.180.480.130.750.640.850.830.22-0.320.410.690.540.240.51-0.08
0.8-0.180.38-0.16-0.02-0.590.540.130.470.21-0.20.260.350.810.440.370.740.44-0.350.190.34-0.020.040.150.55
0.310.550.310.05-0.06-0.020.21-0.330.410.210.170.68-0.040.30.510.050.39-0.190.29-0.24-0.110.07-0.12-0.17-0.23
-0.090.530.020.140.130.52-0.020.0-0.18-0.20.170.16-0.14-0.080.22-0.04-0.01-0.850.6-0.26-0.39-0.26-0.21-0.57-0.59
0.460.470.430.040.06-0.20.38-0.260.480.260.680.160.150.440.690.220.6-0.230.08-0.20.00.070.02-0.16-0.28
0.33-0.040.34-0.480.27-0.440.520.070.130.35-0.04-0.140.150.42-0.220.070.310.24-0.340.260.220.220.280.220.12
0.980.150.83-0.180.13-0.80.630.430.750.810.3-0.080.440.420.570.660.890.31-0.520.540.60.460.40.480.19
0.660.530.40.40.12-0.220.060.080.640.440.510.220.69-0.220.570.580.73-0.170.040.030.160.04-0.02-0.06-0.15
0.750.330.680.430.11-0.57-0.030.420.850.370.05-0.040.220.070.660.580.670.22-0.420.570.80.560.280.53-0.05
0.950.290.690.160.31-0.590.510.180.830.740.39-0.010.60.310.890.730.670.16-0.210.270.450.250.090.230.06
0.3-0.550.14-0.17-0.16-0.550.160.00.220.44-0.19-0.85-0.230.240.31-0.170.220.16-0.620.410.530.290.120.580.83
-0.440.39-0.540.470.270.89-0.32-0.59-0.32-0.350.290.60.08-0.34-0.520.04-0.42-0.21-0.62-0.72-0.7-0.67-0.77-0.82-0.37
0.50.10.69-0.230.23-0.710.170.780.410.19-0.24-0.26-0.20.260.540.030.570.270.41-0.720.780.810.690.890.09
0.610.010.720.060.03-0.770.140.470.690.34-0.11-0.390.00.220.60.160.80.450.53-0.70.780.770.440.840.12
0.420.180.8-0.21-0.01-0.680.250.550.54-0.020.07-0.260.070.220.460.040.560.250.29-0.670.810.770.70.89-0.13
0.30.020.59-0.47-0.13-0.670.250.790.240.04-0.12-0.210.020.280.4-0.020.280.090.12-0.770.690.440.70.7-0.08
0.44-0.090.65-0.220.05-0.810.190.650.510.15-0.17-0.57-0.160.220.48-0.060.530.230.58-0.820.890.840.890.70.15
0.17-0.71-0.15-0.21-0.34-0.250.21-0.13-0.080.55-0.23-0.59-0.280.120.19-0.15-0.050.060.83-0.370.090.12-0.13-0.080.15
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Datang HuaYin Account Relationship Matchups

Datang HuaYin fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.4B18.1B19.8B21.5B24.1B15.7B
Other Current Liab2.2B2.6B1.9B507.4M190.7M181.1M
Total Current Liabilities11.0B8.2B11.6B9.3B9.6B5.7B
Total Stockholder Equity3.1B3.0B532.9M1.4B1.7B1.9B
Other Liab402.7M433.1M1.7B267.2M307.2M424.2M
Retained Earnings(3.6B)(3.6B)(5.9B)(5.9B)(6.1B)(5.8B)
Accounts Payable1.5B734.0M1.8B1.7B1.8B1.2B
Cash892.7M1.4B1.0B2.0B730.6M713.9M
Other Assets401.2M475.6M345.7M341.9M393.2M354.6M
Long Term Debt5.1B5.2B6.1B9.7B12.2B6.6B
Net Receivables3.1B1.8B2.4B1.3B1.8B1.9B
Inventory889.1M565.1M1.1B542.3M578.6M715.8M
Other Current Assets255.8M356.9M612.8M291.0M556.7M351.5M
Total Liab16.4B15.1B19.2B20.0B22.2B12.9B
Intangible Assets817.5M817.8M973.8M822.3M757.2M617.1M
Property Plant Equipment11.8B11.8B11.1B11.8B13.6B9.6B
Net Tangible Assets2.2B2.3B2.2B(432.4M)(389.2M)(369.7M)
Deferred Long Term Liab29.1M74.0M123.4M100.0M115.0M59.0M
Short Long Term Debt5.1B3.7B5.3B3.3B3.8B3.6B
Total Current Assets5.1B4.6B5.9B5.9B4.5B5.1B
Non Current Assets Total14.2B13.4B14.0B15.5B19.6B16.6B
Non Currrent Assets Other392.7M211.9M234.0M775.8M2.5B2.6B
Non Current Liabilities Total5.5B6.9B7.6B10.7B12.6B9.4B
Non Current Liabilities Other39.5M14.6M33.6M24.7M6.5M6.1M
Net Debt8.4B7.5B10.4B11.0B15.3B10.8B
Net Invested Capital12.4B11.9B12.0B14.4B17.8B14.3B
Net Working Capital(5.9B)(3.6B)(5.7B)(3.3B)(5.1B)(5.4B)

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Other Information on Investing in Datang Stock

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