Datang Net Income vs Cost Of Revenue 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 Net Income and its Cost Of Revenue 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.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datang HuaYin Electric Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Datang HuaYin's Net Income and Cost Of Revenue is -0.48. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue 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 Net 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 Income of Datang HuaYin Electric 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 Income i.e., Datang HuaYin's Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Datang HuaYin Electric financial statement analysis. It represents the amount of money remaining after all of Datang HuaYin Electric operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.

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

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total
Total Assets		0.21	0.79	0.02	0.19	-0.75	0.52	0.39	0.84	0.8	0.31	-0.09	0.46	0.33	0.98	0.66	0.75	0.95	0.3	-0.44	0.5	0.61	0.42	0.3	0.44	0.17
Other Current Liab	0.21		0.33	0.37	0.48	0.15	-0.23	0.08	0.36	-0.18	0.55	0.53	0.47	-0.04	0.15	0.53	0.33	0.29	-0.55	0.39	0.1	0.01	0.18	0.02	-0.09	-0.71
Total Current Liabilities	0.79	0.33		-0.2	0.11	-0.75	0.56	0.52	0.74	0.38	0.31	0.02	0.43	0.34	0.83	0.4	0.68	0.69	0.14	-0.54	0.69	0.72	0.8	0.59	0.65	-0.15
Total Stockholder Equity	0.02	0.37	-0.2		0.24	0.37	-0.63	-0.21	0.36	-0.16	0.05	0.14	0.04	-0.48	-0.18	0.4	0.43	0.16	-0.17	0.47	-0.23	0.06	-0.21	-0.47	-0.22	-0.21
Other Liab	0.19	0.48	0.11	0.24		0.03	-0.02	0.16	0.19	-0.02	-0.06	0.13	0.06	0.27	0.13	0.12	0.11	0.31	-0.16	0.27	0.23	0.03	-0.01	-0.13	0.05	-0.34
Retained Earnings	-0.75	0.15	-0.75	0.37	0.03		-0.51	-0.56	-0.63	-0.59	-0.02	0.52	-0.2	-0.44	-0.8	-0.22	-0.57	-0.59	-0.55	0.89	-0.71	-0.77	-0.68	-0.67	-0.81	-0.25
Accounts Payable	0.52	-0.23	0.56	-0.63	-0.02	-0.51		0.11	0.21	0.54	0.21	-0.02	0.38	0.52	0.63	0.06	-0.03	0.51	0.16	-0.32	0.17	0.14	0.25	0.25	0.19	0.21
Cash	0.39	0.08	0.52	-0.21	0.16	-0.56	0.11		0.27	0.13	-0.33	0.0	-0.26	0.07	0.43	0.08	0.42	0.18	0.0	-0.59	0.78	0.47	0.55	0.79	0.65	-0.13
Other Assets	0.84	0.36	0.74	0.36	0.19	-0.63	0.21	0.27		0.47	0.41	-0.18	0.48	0.13	0.75	0.64	0.85	0.83	0.22	-0.32	0.41	0.69	0.54	0.24	0.51	-0.08
Long Term Debt	0.8	-0.18	0.38	-0.16	-0.02	-0.59	0.54	0.13	0.47		0.21	-0.2	0.26	0.35	0.81	0.44	0.37	0.74	0.44	-0.35	0.19	0.34	-0.02	0.04	0.15	0.55
Net Receivables	0.31	0.55	0.31	0.05	-0.06	-0.02	0.21	-0.33	0.41	0.21		0.17	0.68	-0.04	0.3	0.51	0.05	0.39	-0.19	0.29	-0.24	-0.11	0.07	-0.12	-0.17	-0.23
Short Term Investments	-0.09	0.53	0.02	0.14	0.13	0.52	-0.02	0.0	-0.18	-0.2	0.17		0.16	-0.14	-0.08	0.22	-0.04	-0.01	-0.85	0.6	-0.26	-0.39	-0.26	-0.21	-0.57	-0.59
Inventory	0.46	0.47	0.43	0.04	0.06	-0.2	0.38	-0.26	0.48	0.26	0.68	0.16		0.15	0.44	0.69	0.22	0.6	-0.23	0.08	-0.2	0.0	0.07	0.02	-0.16	-0.28
Other Current Assets	0.33	-0.04	0.34	-0.48	0.27	-0.44	0.52	0.07	0.13	0.35	-0.04	-0.14	0.15		0.42	-0.22	0.07	0.31	0.24	-0.34	0.26	0.22	0.22	0.28	0.22	0.12
Total Liab	0.98	0.15	0.83	-0.18	0.13	-0.8	0.63	0.43	0.75	0.81	0.3	-0.08	0.44	0.42		0.57	0.66	0.89	0.31	-0.52	0.54	0.6	0.46	0.4	0.48	0.19
Intangible Assets	0.66	0.53	0.4	0.4	0.12	-0.22	0.06	0.08	0.64	0.44	0.51	0.22	0.69	-0.22	0.57		0.58	0.73	-0.17	0.04	0.03	0.16	0.04	-0.02	-0.06	-0.15
Common Stock	0.75	0.33	0.68	0.43	0.11	-0.57	-0.03	0.42	0.85	0.37	0.05	-0.04	0.22	0.07	0.66	0.58		0.67	0.22	-0.42	0.57	0.8	0.56	0.28	0.53	-0.05
Property Plant Equipment	0.95	0.29	0.69	0.16	0.31	-0.59	0.51	0.18	0.83	0.74	0.39	-0.01	0.6	0.31	0.89	0.73	0.67		0.16	-0.21	0.27	0.45	0.25	0.09	0.23	0.06
Good Will	0.3	-0.55	0.14	-0.17	-0.16	-0.55	0.16	0.0	0.22	0.44	-0.19	-0.85	-0.23	0.24	0.31	-0.17	0.22	0.16		-0.62	0.41	0.53	0.29	0.12	0.58	0.83
Net Tangible Assets	-0.44	0.39	-0.54	0.47	0.27	0.89	-0.32	-0.59	-0.32	-0.35	0.29	0.6	0.08	-0.34	-0.52	0.04	-0.42	-0.21	-0.62		-0.72	-0.7	-0.67	-0.77	-0.82	-0.37
Deferred Long Term Liab	0.5	0.1	0.69	-0.23	0.23	-0.71	0.17	0.78	0.41	0.19	-0.24	-0.26	-0.2	0.26	0.54	0.03	0.57	0.27	0.41	-0.72		0.78	0.81	0.69	0.89	0.09
Long Term Investments	0.61	0.01	0.72	0.06	0.03	-0.77	0.14	0.47	0.69	0.34	-0.11	-0.39	0.0	0.22	0.6	0.16	0.8	0.45	0.53	-0.7	0.78		0.77	0.44	0.84	0.12
Short Long Term Debt	0.42	0.18	0.8	-0.21	-0.01	-0.68	0.25	0.55	0.54	-0.02	0.07	-0.26	0.07	0.22	0.46	0.04	0.56	0.25	0.29	-0.67	0.81	0.77		0.7	0.89	-0.13
Total Current Assets	0.3	0.02	0.59	-0.47	-0.13	-0.67	0.25	0.79	0.24	0.04	-0.12	-0.21	0.02	0.28	0.4	-0.02	0.28	0.09	0.12	-0.77	0.69	0.44	0.7		0.7	-0.08
Short Term Debt	0.44	-0.09	0.65	-0.22	0.05	-0.81	0.19	0.65	0.51	0.15	-0.17	-0.57	-0.16	0.22	0.48	-0.06	0.53	0.23	0.58	-0.82	0.89	0.84	0.89	0.7		0.15
Non Current Assets Total	0.17	-0.71	-0.15	-0.21	-0.34	-0.25	0.21	-0.13	-0.08	0.55	-0.23	-0.59	-0.28	0.12	0.19	-0.15	-0.05	0.06	0.83	-0.37	0.09	0.12	-0.13	-0.08	0.15

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Datang HuaYin Account Relationship Matchups

Datang HuaYin fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.4B	18.1B	19.8B	21.5B	24.1B	15.7B
Other Current Liab	2.2B	2.6B	1.9B	507.4M	190.7M	181.1M
Total Current Liabilities	11.0B	8.2B	11.6B	9.3B	9.6B	5.7B
Total Stockholder Equity	3.1B	3.0B	532.9M	1.4B	1.7B	1.9B
Other Liab	402.7M	433.1M	1.7B	267.2M	307.2M	424.2M
Retained Earnings	(3.6B)	(3.6B)	(5.9B)	(5.9B)	(6.1B)	(5.8B)
Accounts Payable	1.5B	734.0M	1.8B	1.7B	1.8B	1.2B
Cash	892.7M	1.4B	1.0B	2.0B	730.6M	713.9M
Other Assets	401.2M	475.6M	345.7M	341.9M	393.2M	354.6M
Long Term Debt	5.1B	5.2B	6.1B	9.7B	12.2B	6.6B
Net Receivables	3.1B	1.8B	2.4B	1.3B	1.8B	1.9B
Inventory	889.1M	565.1M	1.1B	542.3M	578.6M	715.8M
Other Current Assets	255.8M	356.9M	612.8M	291.0M	556.7M	351.5M
Total Liab	16.4B	15.1B	19.2B	20.0B	22.2B	12.9B
Intangible Assets	817.5M	817.8M	973.8M	822.3M	757.2M	617.1M
Property Plant Equipment	11.8B	11.8B	11.1B	11.8B	13.6B	9.6B
Net Tangible Assets	2.2B	2.3B	2.2B	(432.4M)	(389.2M)	(369.7M)
Deferred Long Term Liab	29.1M	74.0M	123.4M	100.0M	115.0M	59.0M
Short Long Term Debt	5.1B	3.7B	5.3B	3.3B	3.8B	3.6B
Total Current Assets	5.1B	4.6B	5.9B	5.9B	4.5B	5.1B
Non Current Assets Total	14.2B	13.4B	14.0B	15.5B	19.6B	16.6B
Non Currrent Assets Other	392.7M	211.9M	234.0M	775.8M	2.5B	2.6B
Non Current Liabilities Total	5.5B	6.9B	7.6B	10.7B	12.6B	9.4B
Non Current Liabilities Other	39.5M	14.6M	33.6M	24.7M	6.5M	6.1M
Net Debt	8.4B	7.5B	10.4B	11.0B	15.3B	10.8B
Net Invested Capital	12.4B	11.9B	12.0B	14.4B	17.8B	14.3B
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.

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Datang Net Income vs Cost Of Revenue Analysis

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Net Income

Cost Of Revenue

Datang HuaYin fundamental ratios Correlations

Datang HuaYin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Datang HuaYin fundamental ratios Accounts

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Other Information on Investing in Datang Stock

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Total Liab	+ 0.98	Total Assets
Property Plant Equipment	+ 0.95	Total Assets
Net Tangible Assets	+ 0.89	Retained Earnings
Property Plant Equipment	+ 0.89	Total Liab
Short Term Debt	+ 0.89	Deferred Long Term Liab
Short Term Debt	+ 0.89	Short Long Term Debt

Good Will	- 0.85	Short Term Investments
Short Term Debt	- 0.82	Net Tangible Assets
Short Term Debt	- 0.81	Retained Earnings
Total Liab	- 0.8	Retained Earnings
Total Current Assets	- 0.77	Net Tangible Assets
Long Term Investments	- 0.77	Retained Earnings