Shanghai Ebit vs Cost Of Revenue Analysis

601727 Stock   10.08  0.23  2.34%   
Shanghai Electric financial indicator trend analysis is much more than just breaking down Shanghai Electric prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Electric is a good investment. Please check the relationship between Shanghai Electric Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Electric Group. 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 Shanghai Electric Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shanghai Electric's Ebit and Cost Of Revenue is -0.48. 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 Shanghai Electric Group, assuming nothing else is changed. The correlation between historical values of Shanghai Electric'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 Shanghai Electric Group 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., Shanghai Electric's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ebit

Cost Of Revenue

Cost of Revenue is found on Shanghai Electric income statement and represents the costs associated with goods and services Shanghai Electric 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 Shanghai Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai 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 Shanghai Electric Group. 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.
As of November 22, 2024, Selling General Administrative is expected to decline to about 5.1 B. In addition to that, Tax Provision is expected to decline to about 610 M
 2021 2022 2023 2024 (projected)
Gross Profit19.8B19.0B21.6B21.9B
Total Revenue131.4B117.6B114.8B118.2B

Shanghai Electric fundamental ratios Correlations

-0.430.990.890.950.750.280.99-0.930.950.830.00.940.610.730.68-0.910.990.950.910.930.990.960.910.870.98
-0.43-0.44-0.25-0.55-0.130.59-0.460.38-0.56-0.610.24-0.310.08-0.52-0.610.57-0.48-0.55-0.41-0.19-0.38-0.59-0.58-0.67-0.47
0.99-0.440.860.960.740.250.99-0.940.940.81-0.020.910.630.690.69-0.870.990.930.890.930.990.970.880.860.99
0.89-0.250.860.780.920.570.85-0.810.80.720.240.980.570.750.47-0.880.850.820.830.920.880.840.820.780.85
0.95-0.550.960.780.640.070.97-0.880.980.86-0.050.850.480.720.7-0.860.970.970.90.840.930.940.910.910.99
0.75-0.130.740.920.640.630.69-0.70.630.560.370.850.60.60.26-0.710.720.640.70.850.740.720.60.680.73
0.280.590.250.570.070.630.22-0.260.07-0.070.440.460.550.07-0.06-0.160.190.090.240.510.320.120.08-0.040.19
0.99-0.460.990.850.970.690.22-0.920.960.84-0.060.910.580.730.7-0.890.990.960.90.90.990.960.920.870.99
-0.930.38-0.94-0.81-0.88-0.7-0.26-0.92-0.82-0.65-0.07-0.81-0.55-0.61-0.70.79-0.92-0.82-0.74-0.89-0.94-0.91-0.75-0.74-0.9
0.95-0.560.940.80.980.630.070.96-0.820.94-0.030.890.420.770.66-0.920.961.00.950.820.910.930.960.950.97
0.83-0.610.810.720.860.56-0.070.84-0.650.940.030.820.210.760.49-0.910.860.940.920.720.770.870.940.950.85
0.00.24-0.020.24-0.050.370.44-0.06-0.07-0.030.030.13-0.24-0.2-0.1-0.03-0.02-0.020.170.3-0.030.04-0.06-0.02-0.03
0.94-0.310.910.980.850.850.460.91-0.810.890.820.130.560.790.52-0.930.910.90.920.910.910.880.90.850.9
0.610.080.630.570.480.60.550.58-0.550.420.21-0.240.560.250.36-0.350.580.420.440.620.670.50.330.320.57
0.73-0.520.690.750.720.60.070.73-0.610.770.76-0.20.790.250.36-0.880.720.790.660.540.690.70.850.850.74
0.68-0.610.690.470.70.26-0.060.7-0.70.660.49-0.10.520.360.36-0.60.690.650.590.550.680.680.620.530.65
-0.910.57-0.87-0.88-0.86-0.71-0.16-0.890.79-0.92-0.91-0.03-0.93-0.35-0.88-0.6-0.9-0.93-0.89-0.79-0.86-0.9-0.96-0.93-0.88
0.99-0.480.990.850.970.720.190.99-0.920.960.86-0.020.910.580.720.69-0.90.960.920.910.980.980.910.90.99
0.95-0.550.930.820.970.640.090.96-0.821.00.94-0.020.90.420.790.65-0.930.960.950.830.910.930.970.950.97
0.91-0.410.890.830.90.70.240.9-0.740.950.920.170.920.440.660.59-0.890.920.950.880.860.880.910.880.91
0.93-0.190.930.920.840.850.510.9-0.890.820.720.30.910.620.540.55-0.790.910.830.880.930.890.770.740.89
0.99-0.380.990.880.930.740.320.99-0.940.910.77-0.030.910.670.690.68-0.860.980.910.860.930.950.860.820.97
0.96-0.590.970.840.940.720.120.96-0.910.930.870.040.880.50.70.68-0.90.980.930.880.890.950.890.910.95
0.91-0.580.880.820.910.60.080.92-0.750.960.94-0.060.90.330.850.62-0.960.910.970.910.770.860.890.930.91
0.87-0.670.860.780.910.68-0.040.87-0.740.950.95-0.020.850.320.850.53-0.930.90.950.880.740.820.910.930.91
0.98-0.470.990.850.990.730.190.99-0.90.970.85-0.030.90.570.740.65-0.880.990.970.910.890.970.950.910.91
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Shanghai Electric Account Relationship Matchups

Shanghai Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets280.5B315.4B300.8B288.0B283.3B272.2B
Other Current Liab56.2B62.4B54.0B12.6B12.4B11.7B
Total Current Liabilities164.1B183.5B168.9B163.5B167.7B157.1B
Total Stockholder Equity63.3B66.4B58.1B54.9B52.8B60.2B
Other Liab6.0B6.4B6.4B6.8B7.9B5.1B
Net Tangible Assets51.8B52.7B41.2B39.0B44.8B48.4B
Retained Earnings28.5B32.3B21.1B17.3B11.7B17.9B
Accounts Payable66.4B77.9B77.9B73.5B71.7B64.1B
Cash21.5B24.2B25.4B26.3B30.2B25.9B
Other Assets19.4B24.2B25.8B29.3B33.7B22.0B
Long Term Debt19.9B17.9B26.3B22.4B31.6B22.1B
Net Receivables115.5B32.8B33.4B38.3B40.5B43.8B
Good Will3.6B4.7B4.0B3.3B3.2B3.2B
Short Term Investments7.0B44.1B7.6B7.7B7.5B10.1B
Inventory27.0B30.0B32.9B30.9B32.4B32.6B
Other Current Assets20.3B21.0B16.4B35.9B19.3B19.6B
Other Stockholder Equity(2.7M)94.6M8.2M(359.9M)(323.9M)(307.7M)
Total Liab188.9B208.6B202.7B193.8B206.3B184.0B
Deferred Long Term Liab410.6M516.7M563.6M649.5M746.9M458.8M
Short Long Term Debt16.7B15.6B11.8B8.7B9.3B9.4B
Total Current Assets199.2B227.9B209.8B201.2B191.8B194.8B
Intangible Assets8.0B9.1B13.0B12.6B12.3B9.7B
Common Stock15.2B15.2B15.7B15.6B17.9B16.1B
Property Plant Equipment25.0B28.2B26.4B25.1B28.9B22.7B
Non Current Assets Total81.3B87.5B91.0B86.9B91.4B82.7B
Non Currrent Assets Other(23.8B)38.7B13.4B13.4B13.8B9.3B
Non Current Liabilities Total24.9B25.1B33.8B30.3B38.6B28.9B
Non Current Liabilities Other1.4B2.1B3.2B3.8B3.1B1.9B
Common Stock Shares Outstanding15.2B15.2B15.7B15.6B17.9B16.8B
Net Invested Capital98.3B99.9B96.3B85.9B93.7B99.7B
Net Working Capital35.1B44.5B40.9B37.6B24.1B28.3B
Net Debt13.5B9.3B12.8B4.7B10.8B8.3B
Capital Stock15.2B15.2B15.7B15.6B17.9B16.9B

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Other Information on Investing in Shanghai Stock

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