Cheetah Other Operating Expenses vs Gross Profit Analysis
CMCM Stock | USD 4.55 0.06 1.30% |
Cheetah Mobile financial indicator trend analysis is way more than just evaluating Cheetah Mobile prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cheetah Mobile is a good investment. Please check the relationship between Cheetah Mobile Other Operating Expenses and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheetah Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Cheetah Stock, please use our How to Invest in Cheetah Mobile guide.
Other Operating Expenses vs Gross Profit
Other Operating Expenses vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cheetah Mobile Other Operating Expenses account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Cheetah Mobile's Other Operating Expenses and Gross Profit is 0.95. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Cheetah Mobile, assuming nothing else is changed. The correlation between historical values of Cheetah Mobile's Other Operating Expenses and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Cheetah Mobile are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Other Operating Expenses i.e., Cheetah Mobile's Other Operating Expenses and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Cheetah Mobile. It is also known as Cheetah Mobile overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Cheetah Mobile minus its cost of goods sold. It is profit before Cheetah Mobile operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Cheetah Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cheetah Mobile 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 Cheetah Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Cheetah Stock, please use our How to Invest in Cheetah Mobile guide.As of the 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.36, while Selling General Administrative is likely to drop about 167.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 527.0M | 631.5M | 437.6M | 626.5M | Total Revenue | 784.6M | 884.1M | 669.5M | 915.7M |
Cheetah Mobile fundamental ratios Correlations
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Cheetah Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cheetah Mobile fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 27.4M | 28.0M | 28.6M | 28.9M | 29.5M | 29.5M | |
Total Assets | 7.0B | 5.6B | 5.0B | 5.1B | 5.6B | 5.4B | |
Other Current Liab | 1.3B | 1.4B | 907.3M | 1.6B | 2.4B | 1.2B | |
Total Current Liabilities | 1.7B | 1.6B | 1.4B | 1.8B | 2.7B | 1.6B | |
Total Stockholder Equity | 4.9B | 3.8B | 3.3B | 3.0B | 2.5B | 3.3B | |
Other Liab | 150.5M | 245.1M | 233.6M | 229.0M | 263.4M | 135.1M | |
Property Plant And Equipment Net | 287.0M | 119.7M | 147.0M | 98.3M | 84.3M | 111.7M | |
Current Deferred Revenue | 207.8M | 181.4M | 294.3M | 330.6M | 40.3M | 38.3M | |
Net Debt | (924.5M) | (1.3B) | (1.5B) | (1.5B) | (2.0B) | (2.1B) | |
Retained Earnings | 1.9B | 868.8M | 505.1M | (9.4M) | (613.1M) | (582.4M) | |
Accounts Payable | 87.5M | 114.6M | 134.9M | 133.8M | 170.2M | 128.8M | |
Cash | 983.0M | 1.3B | 1.6B | 1.5B | 2.0B | 1.6B | |
Non Current Assets Total | 3.0B | 2.7B | 2.4B | 2.0B | 2.2B | 2.1B | |
Non Currrent Assets Other | 138.2M | 129.4M | 214.0M | 97.3M | 348.9M | 366.4M | |
Other Assets | 170.2M | 145.0M | 228.4M | 116.7M | 134.2M | 103.5M | |
Cash And Short Term Investments | 2.4B | 1.7B | 1.8B | 1.7B | 2.0B | 2.1B | |
Net Receivables | 702.5M | 449.9M | 591.4M | 482.9M | 410.7M | 546.2M | |
Short Term Investments | 1.4B | 360.8M | 262.8M | 156.2M | 1.0M | 971.9K | |
Liabilities And Stockholders Equity | 7.0B | 5.6B | 5.0B | 5.1B | 5.6B | 5.4B | |
Non Current Liabilities Total | 330.6M | 245.1M | 264.3M | 256.1M | 244.5M | 339.7M | |
Inventory | 31.3M | 24.1M | 15.4M | 16.7M | 28.0M | 26.6M | |
Other Current Assets | 69.6M | 812.4M | 104.3M | 964.6M | 1.0B | 1.1B | |
Other Stockholder Equity | 2.6B | 2.7B | 2.7B | 2.7B | 2.7B | 2.4B | |
Total Liab | 2.0B | 1.8B | 1.6B | 2.0B | 3.0B | 2.0B | |
Property Plant And Equipment Gross | 287.0M | 119.7M | 301.2M | 98.3M | 303.0M | 318.1M | |
Total Current Assets | 4.0B | 2.9B | 2.6B | 3.1B | 3.5B | 3.3B | |
Accumulated Other Comprehensive Income | 337.8M | 163.3M | 88.3M | 353.9M | 356.9M | 183.6M | |
Short Term Debt | 58.5M | 6.9M | 17.5M | 14.4M | 18.3M | 17.4M | |
Intangible Assets | 44.5M | 12.6M | 10.1M | 8.4M | 218.6M | 229.5M | |
Common Stock | 225K | 234K | 235K | 236K | 244K | 242.5K | |
Property Plant Equipment | 287.0M | 119.7M | 147.0M | 98.3M | 113.1M | 95.6M | |
Net Tangible Assets | 4.9B | 3.7B | 3.3B | 3.0B | 3.5B | 3.0B | |
Long Term Investments | 2.5B | 2.4B | 2.0B | 1.8B | 937.5M | 1.4B | |
Short Long Term Debt Total | 58.5M | 18.8M | 48.1M | 41.5M | 36.0M | 34.2M | |
Capital Lease Obligations | 58.5M | 18.8M | 48.1M | 41.5M | 31.0M | 24.2M | |
Non Current Liabilities Other | 189.2M | 184.6M | 13.6M | 200.3M | 12.3M | 11.7M | |
Net Invested Capital | 4.9B | 3.8B | 3.3B | 3.0B | 2.5B | 3.2B |
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cheetah Mobile. If investors know Cheetah will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cheetah Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (2.46) | Revenue Per Share 23.754 | Quarterly Revenue Growth 0.123 | Return On Assets (0.03) |
The market value of Cheetah Mobile is measured differently than its book value, which is the value of Cheetah that is recorded on the company's balance sheet. Investors also form their own opinion of Cheetah Mobile's value that differs from its market value or its book value, called intrinsic value, which is Cheetah Mobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cheetah Mobile's market value can be influenced by many factors that don't directly affect Cheetah Mobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cheetah Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cheetah Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cheetah Mobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.