601088 Stock | | | 39.80 0.31 0.77% |
China Shenhua financial indicator trend analysis is way more than just evaluating China Shenhua Energy prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Shenhua Energy is a good investment. Please check the relationship between China Shenhua Cost Of Revenue and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Shenhua Energy. 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 Ebitda
Cost Of Revenue vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Shenhua Energy Cost Of Revenue account and
Ebitda. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Shenhua's Cost Of Revenue and Ebitda is 0.64. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of China Shenhua Energy, assuming nothing else is changed. The correlation between historical values of China Shenhua's Cost Of Revenue and Ebitda 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 China Shenhua Energy are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Cost Of Revenue i.e., China Shenhua's Cost Of Revenue and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on China Shenhua Energy income statement and represents the costs associated with goods and services China Shenhua 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.
Ebitda
Most indicators from China Shenhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Shenhua Energy 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 Shenhua Energy. 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 2.7
B, whereas
Tax Provision is forecasted to decline to about 16.8
B.
China Shenhua fundamental ratios Correlations
Click cells to compare fundamentals
China Shenhua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Shenhua fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Shenhua Energy at a specified time, usually calculated after every quarter, six months, or one year. China Shenhua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Shenhua 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.