China Ebit vs Cost Of Revenue Analysis

601698 Stock   23.17  1.15  5.22%   
China Satellite financial indicator trend analysis is way more than just evaluating China Satellite Comm prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Satellite Comm is a good investment. Please check the relationship between China Satellite Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Satellite Communications. 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.

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Satellite Comm Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between China Satellite's Ebit and Cost Of Revenue is -0.84. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of China Satellite Communications, assuming nothing else is changed. The correlation between historical values of China Satellite's Ebit 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 Ebit of China Satellite Communications 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 Ebit i.e., China Satellite's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.84
Relationship DirectionNegative 
Relationship StrengthSignificant

Ebit

Cost Of Revenue

Cost of Revenue is found on China Satellite Comm income statement and represents the costs associated with goods and services China Satellite 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 Satellite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Satellite Comm 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 Satellite Communications. 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 102.8 M, whereas Tax Provision is forecasted to decline to about 68.6 M.
 2021 2022 2023 2024 (projected)
Interest Income55.6M92.6M162.2M170.3M
Net Interest Income48.4M85.0M154.0M161.7M

China Satellite fundamental ratios Correlations

-0.84-0.830.990.840.910.8-0.430.970.09-0.86-0.53-0.720.81-0.76-0.110.80.72-0.84-0.720.920.74-0.550.93-0.770.72
-0.840.75-0.8-0.81-0.77-0.570.3-0.78-0.250.760.550.66-0.60.650.32-0.66-0.320.710.72-0.83-0.630.41-0.710.67-0.56
-0.830.75-0.86-0.91-0.89-0.490.82-0.870.350.820.620.84-0.910.930.46-0.9-0.510.810.97-0.82-0.880.55-0.920.89-0.84
0.99-0.8-0.860.870.950.8-0.490.99-0.02-0.86-0.55-0.760.83-0.79-0.140.820.71-0.84-0.760.90.79-0.570.97-0.810.78
0.84-0.81-0.910.870.940.55-0.630.9-0.26-0.9-0.72-0.860.84-0.91-0.360.820.4-0.85-0.870.850.94-0.360.91-0.880.91
0.91-0.77-0.890.950.940.74-0.60.98-0.26-0.86-0.63-0.820.8-0.84-0.280.790.48-0.83-0.830.890.87-0.60.98-0.870.87
0.8-0.57-0.490.80.550.74-0.090.770.13-0.67-0.42-0.560.45-0.32-0.060.330.58-0.54-0.430.750.36-0.650.73-0.60.44
-0.430.30.82-0.49-0.63-0.6-0.09-0.540.710.530.440.61-0.810.840.47-0.72-0.310.630.82-0.51-0.720.43-0.670.69-0.68
0.97-0.78-0.870.990.90.980.77-0.54-0.12-0.87-0.57-0.780.83-0.83-0.160.830.63-0.85-0.770.890.85-0.560.98-0.830.84
0.09-0.250.35-0.02-0.26-0.260.130.71-0.120.110.250.31-0.310.410.38-0.210.160.150.4-0.02-0.420.21-0.280.37-0.47
-0.860.760.82-0.86-0.9-0.86-0.670.53-0.870.110.870.92-0.840.790.42-0.67-0.550.810.8-0.89-0.820.3-0.870.92-0.84
-0.530.550.62-0.55-0.72-0.63-0.420.44-0.570.250.870.93-0.590.580.71-0.39-0.20.480.72-0.6-0.670.05-0.610.88-0.75
-0.720.660.84-0.76-0.86-0.82-0.560.61-0.780.310.920.93-0.770.740.67-0.64-0.410.610.89-0.72-0.810.29-0.820.99-0.88
0.81-0.6-0.910.830.840.80.45-0.810.83-0.31-0.84-0.59-0.77-0.93-0.270.880.71-0.88-0.840.810.85-0.390.89-0.820.82
-0.760.650.93-0.79-0.91-0.84-0.320.84-0.830.410.790.580.74-0.930.29-0.91-0.460.880.86-0.77-0.950.35-0.870.8-0.88
-0.110.320.46-0.14-0.36-0.28-0.060.47-0.160.380.420.710.67-0.270.29-0.150.190.040.67-0.22-0.290.18-0.250.63-0.37
0.8-0.66-0.90.820.820.790.33-0.720.83-0.21-0.67-0.39-0.640.88-0.91-0.150.61-0.76-0.80.660.88-0.350.84-0.710.8
0.72-0.32-0.510.710.40.480.58-0.310.630.16-0.55-0.2-0.410.71-0.460.190.61-0.55-0.370.550.41-0.30.63-0.450.42
-0.840.710.81-0.84-0.85-0.83-0.540.63-0.850.150.810.480.61-0.880.880.04-0.76-0.550.69-0.93-0.790.44-0.860.67-0.7
-0.720.720.97-0.76-0.87-0.83-0.430.82-0.770.40.80.720.89-0.840.860.67-0.8-0.370.69-0.75-0.820.51-0.840.93-0.81
0.92-0.83-0.820.90.850.890.75-0.510.89-0.02-0.89-0.6-0.720.81-0.77-0.220.660.55-0.93-0.750.7-0.590.89-0.770.66
0.74-0.63-0.880.790.940.870.36-0.720.85-0.42-0.82-0.67-0.810.85-0.95-0.290.880.41-0.79-0.820.7-0.220.87-0.840.97
-0.550.410.55-0.57-0.36-0.6-0.650.43-0.560.210.30.050.29-0.390.350.18-0.35-0.30.440.51-0.59-0.22-0.60.41-0.22
0.93-0.71-0.920.970.910.980.73-0.670.98-0.28-0.87-0.61-0.820.89-0.87-0.250.840.63-0.86-0.840.890.87-0.6-0.880.87
-0.770.670.89-0.81-0.88-0.87-0.60.69-0.830.370.920.880.99-0.820.80.63-0.71-0.450.670.93-0.77-0.840.41-0.88-0.9
0.72-0.56-0.840.780.910.870.44-0.680.84-0.47-0.84-0.75-0.880.82-0.88-0.370.80.42-0.7-0.810.660.97-0.220.87-0.9
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China Satellite Account Relationship Matchups

China Satellite fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.2B18.3B19.1B22.4B22.7B20.8B
Other Current Liab1.6B1.5B1.7B1.3B1.3M1.2M
Total Current Liabilities1.9B1.8B2.2B1.8B1.9B1.7B
Total Stockholder Equity11.3B11.6B12.0B15.1B15.3B12.9B
Other Liab996.7M969.6M1.1B1.0B1.2B1.1B
Net Tangible Assets8.3B9.9B10.2B10.7B12.3B10.1B
Retained Earnings1.3B1.7B2.1B2.7B2.8B1.8B
Accounts Payable204.5M180.9M270.0M360.0M611.9M325.5M
Cash4.1B4.0B4.9B6.3B7.2B4.6B
Non Current Assets Total12.6B12.2B12.5B14.3B14.7B14.9B
Non Currrent Assets Other510.6M352.8M119.5M95.1M93.7M89.0M
Other Assets973.6M954.8M767.1M1.0B922.3M815.6M
Net Receivables381.5M413.8M405.8M470.3M383.3M425.5M
Short Term Investments8.1M3.8M2.0M1.6M1.5M1.4M
Non Current Liabilities Total969.6M1.1B1.2B1.4B1.3B988.8M
Inventory14.2M12.1M8.3M16.5M14.7M12.8M
Other Current Assets73.8M121.5M122.5M1.2B223.7M271.8M
Other Stockholder Equity129.4M164.9M48.8M3.9M3.5M3.3M
Total Liab2.8B2.9B3.3B3.2B3.2B2.7B
Deferred Long Term Liab72.8M76.9M190.9M266.3M306.3M321.6M
Total Current Assets5.5B6.1B6.6B8.1B8.0B5.8B
Intangible Assets1.5B1.5B1.6B1.6B1.5B1.6B
Property Plant Equipment11.2B9.6B9.2B9.6B8.6B8.2B
Net Invested Capital11.3B11.6B12.0B15.1B15.3B13.4B
Net Working Capital3.7B4.3B4.4B6.2B6.1B4.0B

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Other Information on Investing in China Stock

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