China Operating Income vs Cost Of Revenue Analysis

600941 Stock   106.05  0.31  0.29%   
China Mobile financial indicator trend analysis is way more than just evaluating China Mobile Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Mobile Limited is a good investment. Please check the relationship between China Mobile 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 China Mobile Limited. 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 China Mobile Limited Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between China Mobile's Operating Income and Cost Of Revenue is 0.36. 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 China Mobile Limited, assuming nothing else is changed. The correlation between historical values of China Mobile'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 China Mobile Limited 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., China Mobile's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from China Mobile Limited 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 China Mobile Limited 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 China Mobile Limited income statement and represents the costs associated with goods and services China Mobile 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 China Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Mobile Limited 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 Mobile Limited. 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.
At present, China Mobile's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 39.9 B, whereas Issuance Of Capital Stock is forecasted to decline to about 1.3 B.
 2021 2022 2023 2024 (projected)
Total Revenue848.3B937.3B1.0T509.0B
Depreciation And Amortization230.2B16.4B18.8B17.9B

China Mobile fundamental ratios Correlations

0.240.69-0.110.140.250.20.18-0.190.00.680.080.3-0.11-0.05-0.01-0.080.580.23-0.510.160.210.010.610.470.68
0.240.420.780.961.00.990.93-0.80.870.640.730.980.370.720.65-0.330.260.85-0.06-0.670.990.830.60.760.71
0.690.420.360.230.430.410.18-0.410.490.50.490.530.34-0.130.13-0.480.820.22-0.09-0.070.370.030.940.560.7
-0.110.780.360.760.770.810.6-0.850.910.30.860.770.520.520.56-0.470.280.530.02-0.70.80.640.590.630.46
0.140.960.230.760.940.950.95-0.80.810.660.620.890.260.820.7-0.220.030.86-0.03-0.730.980.90.470.770.65
0.251.00.430.770.940.990.92-0.780.870.630.720.970.370.720.64-0.330.270.85-0.05-0.660.980.830.60.740.7
0.20.990.410.810.950.990.89-0.810.890.620.750.970.380.720.68-0.340.260.810.0-0.70.980.830.60.780.7
0.180.930.180.60.950.920.89-0.70.70.650.540.860.260.830.58-0.20.010.94-0.08-0.590.930.880.340.60.58
-0.19-0.8-0.41-0.85-0.8-0.78-0.81-0.7-0.8-0.43-0.88-0.76-0.22-0.64-0.560.21-0.32-0.590.270.65-0.83-0.72-0.63-0.67-0.49
0.00.870.490.910.810.870.890.7-0.80.360.80.850.430.60.61-0.380.260.630.2-0.770.850.720.670.640.53
0.680.640.50.30.660.630.620.65-0.430.360.250.650.290.40.33-0.420.30.71-0.17-0.210.650.480.540.790.92
0.080.730.490.860.620.720.750.54-0.880.80.250.760.50.370.43-0.450.580.45-0.21-0.470.740.490.650.530.41
0.30.980.530.770.890.970.970.86-0.760.850.650.760.480.560.57-0.440.410.81-0.09-0.550.970.690.690.770.75
-0.110.370.340.520.260.370.380.26-0.220.430.290.50.48-0.08-0.02-0.960.480.380.150.050.380.030.320.240.39
-0.050.72-0.130.520.820.720.720.83-0.640.60.40.370.56-0.080.580.14-0.340.720.0-0.780.720.970.070.420.32
-0.010.650.130.560.70.640.680.58-0.560.610.330.430.57-0.020.580.05-0.070.340.27-0.660.670.720.350.60.35
-0.08-0.33-0.48-0.47-0.22-0.33-0.34-0.20.21-0.38-0.42-0.45-0.44-0.960.140.05-0.58-0.34-0.1-0.1-0.330.02-0.43-0.32-0.52
0.580.260.820.280.030.270.260.01-0.320.260.30.580.410.48-0.34-0.07-0.580.03-0.350.20.23-0.20.730.330.5
0.230.850.220.530.860.850.810.94-0.590.630.710.450.810.380.720.34-0.340.03-0.13-0.420.850.750.330.560.62
-0.51-0.06-0.090.02-0.03-0.050.0-0.080.270.2-0.17-0.21-0.090.150.00.27-0.1-0.35-0.13-0.23-0.080.05-0.13-0.05-0.12
0.16-0.67-0.07-0.7-0.73-0.66-0.7-0.590.65-0.77-0.21-0.47-0.550.05-0.78-0.66-0.10.2-0.42-0.23-0.67-0.81-0.33-0.52-0.34
0.210.990.370.80.980.980.980.93-0.830.850.650.740.970.380.720.67-0.330.230.85-0.08-0.670.830.580.790.7
0.010.830.030.640.90.830.830.88-0.720.720.480.490.690.030.970.720.02-0.20.750.05-0.810.830.240.560.44
0.610.60.940.590.470.60.60.34-0.630.670.540.650.690.320.070.35-0.430.730.33-0.13-0.330.580.240.730.76
0.470.760.560.630.770.740.780.6-0.670.640.790.530.770.240.420.6-0.320.330.56-0.05-0.520.790.560.730.84
0.680.710.70.460.650.70.70.58-0.490.530.920.410.750.390.320.35-0.520.50.62-0.12-0.340.70.440.760.84
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China Mobile Account Relationship Matchups

China Mobile fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding4.1B4.1B4.1B4.3B21.4B22.5B
Total Assets1.6T1.7T1.8T1.9T2.0T1.2T
Other Current Liab147.3B172.7B239.0B216.4B79.0B93.6B
Total Current Liabilities462.1B517.3B582.1B533.3B558.6B367.8B
Total Stockholder Equity1.1T1.1T1.2T1.3T1.3T805.5B
Property Plant And Equipment Net817.1B842.3B850.4B895.0B883.9B599.3B
Current Deferred Revenue132.8B127.2B152.4B164.4B189.0B101.7B
Net Debt(101.6B)(146.1B)(187.0B)(110.8B)(99.7B)(104.7B)
Accounts Payable164.8B168.0B152.7B286.1B324.0B340.2B
Cash175.9B212.7B243.9B223.5B141.6B110.0B
Non Current Assets Total1.1T1.1T1.2T1.4T1.5T805.9B
Non Currrent Assets Other27.6B45.2B34.2B457.3B11.9B11.3B
Cash And Short Term Investments421.0B451.7B499.9B331.8B381.6B322.6B
Net Receivables73.2B90.3B54.0B42.8B54.9B39.7B
Liabilities And Stockholders Equity1.6T1.7T1.8T1.9T2.2T1.2T
Non Current Liabilities Total59.9B57.8B48.9B100.8B88.1B92.5B
Inventory7.3B8.0B10.2B11.7B12.0B7.4B
Other Current Assets20.3B18.4B442M19.5B6.1B5.8B
Total Liab522.0B575.1B631.0B634.1B646.7B406.2B
Total Current Assets529.9B579.7B595.4B456.4B498.1B408.0B
Accumulated Other Comprehensive Income650.3B701.6B746.8B804.2B924.9B971.1B
Intangible Assets30.9B23.4B23.9B47.8B49.9B52.4B
Short Term Investments245.1B239.0B255.9B108.3B222.4B297.2B

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Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Mobile Limited at a specified time, usually calculated after every quarter, six months, or one year. China Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Mobile 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.