China Ebit vs Gross Profit Analysis

000008 Stock

2.65 0.19 6.69%

China High financial indicator trend analysis is way more than just evaluating China High Speed prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China High Speed is a good investment. Please check the relationship between China High Ebit and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China High Speed Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China High Speed Ebit account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between China High's Ebit and Gross Profit is 0.63. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of China High Speed Railway, assuming nothing else is changed. The correlation between historical values of China High's Ebit 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 Ebit of China High Speed Railway 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 Ebit i.e., China High's Ebit and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ebit

Gross Profit

Gross profit is a required income statement account that reflects total revenue of China High Speed Railway minus its cost of goods sold. It is profit before China High 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 China High's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China High Speed 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 High Speed Railway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Selling General Administrative is expected to grow to about 415.8 M, whereas Tax Provision is projected to grow to (6.8 M).

	2024	2025 (projected)
Gross Profit	551.8M	735.5M
Income Tax Expense	28.1M	37.7M

Gross Profit Income Tax Expense

China High fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Other Liab	Net Tangible Assets	Retained Earnings	Long Term Debt	Good Will	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.64	0.9	0.82	0.94	0.74	0.65	0.96	0.98	0.77	0.91	0.93	0.94	0.65	-0.35	0.63	0.47	-0.07	0.6	0.91	0.23	-0.45	0.85	0.86	0.97	0.92
Other Current Liab	0.64		0.38	0.78	0.44	0.73	0.32	0.61	0.65	0.78	0.4	0.71	0.61	0.1	-0.11	0.16	0.6	0.34	0.49	0.72	0.47	-0.23	0.41	0.35	0.7	0.41
Total Current Liabilities	0.9	0.38		0.51	0.98	0.4	0.5	0.81	0.91	0.52	0.99	0.75	0.83	0.89	-0.37	0.81	0.09	-0.47	0.49	0.7	0.06	-0.51	0.78	0.92	0.82	0.97
Total Stockholder Equity	0.82	0.78	0.51		0.61	0.96	0.62	0.87	0.77	0.85	0.52	0.89	0.82	0.14	-0.21	0.29	0.81	0.45	0.47	0.91	0.46	-0.26	0.7	0.53	0.87	0.56
Accounts Payable	0.94	0.44	0.98	0.61		0.54	0.56	0.89	0.95	0.66	0.98	0.84	0.86	0.84	-0.42	0.79	0.2	-0.33	0.56	0.78	0.08	-0.49	0.86	0.92	0.87	0.97
Cash	0.74	0.73	0.4	0.96	0.54		0.47	0.83	0.69	0.85	0.42	0.82	0.74	0.08	-0.15	0.22	0.8	0.5	0.44	0.87	0.42	-0.19	0.66	0.45	0.8	0.47
Other Assets	0.65	0.32	0.5	0.62	0.56	0.47		0.65	0.67	0.57	0.55	0.74	0.54	0.25	-0.24	0.36	0.45	0.22	0.65	0.55	-0.24	-0.04	0.64	0.64	0.63	0.65
Net Receivables	0.96	0.61	0.81	0.87	0.89	0.83	0.65		0.93	0.81	0.81	0.94	0.89	0.52	-0.41	0.57	0.59	0.12	0.57	0.95	0.24	-0.3	0.83	0.8	0.97	0.86
Inventory	0.98	0.65	0.91	0.77	0.95	0.69	0.67	0.93		0.8	0.93	0.94	0.92	0.69	-0.36	0.65	0.37	-0.13	0.7	0.84	0.1	-0.45	0.86	0.89	0.93	0.93
Other Current Assets	0.77	0.78	0.52	0.85	0.66	0.85	0.57	0.81	0.8		0.56	0.89	0.71	0.25	-0.34	0.33	0.61	0.3	0.66	0.8	0.24	-0.37	0.79	0.55	0.78	0.59
Total Liab	0.91	0.4	0.99	0.52	0.98	0.42	0.55	0.81	0.93	0.56		0.78	0.82	0.88	-0.39	0.78	0.1	-0.44	0.58	0.7	-0.01	-0.5	0.79	0.94	0.82	0.98
Intangible Assets	0.93	0.71	0.75	0.89	0.84	0.82	0.74	0.94	0.94	0.89	0.78		0.84	0.45	-0.41	0.56	0.54	0.14	0.74	0.88	0.15	-0.33	0.87	0.83	0.94	0.82
Common Stock	0.94	0.61	0.83	0.82	0.86	0.74	0.54	0.89	0.92	0.71	0.82	0.84		0.61	-0.17	0.57	0.44	-0.1	0.44	0.85	0.32	-0.52	0.77	0.74	0.87	0.8
Property Plant Equipment	0.65	0.1	0.89	0.14	0.84	0.08	0.25	0.52	0.69	0.25	0.88	0.45	0.61		-0.2	0.82	-0.32	-0.76	0.33	0.36	-0.12	-0.5	0.59	0.79	0.5	0.82
Short Term Investments	-0.35	-0.11	-0.37	-0.21	-0.42	-0.15	-0.24	-0.41	-0.36	-0.34	-0.39	-0.41	-0.17	-0.2		-0.34	-0.13	0.01	-0.34	-0.35	-0.04	0.11	-0.42	-0.43	-0.39	-0.42
Other Liab	0.63	0.16	0.81	0.29	0.79	0.22	0.36	0.57	0.65	0.33	0.78	0.56	0.57	0.82	-0.34		-0.21	-0.54	0.22	0.42	0.0	-0.36	0.7	0.82	0.55	0.79
Net Tangible Assets	0.47	0.6	0.09	0.81	0.2	0.8	0.45	0.59	0.37	0.61	0.1	0.54	0.44	-0.32	-0.13	-0.21		0.78	0.23	0.74	0.47	0.02	0.31	0.08	0.61	0.19
Retained Earnings	-0.07	0.34	-0.47	0.45	-0.33	0.5	0.22	0.12	-0.13	0.3	-0.44	0.14	-0.1	-0.76	0.01	-0.54	0.78		0.06	0.25	0.24	0.47	-0.13	-0.35	0.11	-0.32
Long Term Debt	0.6	0.49	0.49	0.47	0.56	0.44	0.65	0.57	0.7	0.66	0.58	0.74	0.44	0.33	-0.34	0.22	0.23	0.06		0.45	-0.36	-0.09	0.55	0.67	0.58	0.6
Good Will	0.91	0.72	0.7	0.91	0.78	0.87	0.55	0.95	0.84	0.8	0.7	0.88	0.85	0.36	-0.35	0.42	0.74	0.25	0.45		0.46	-0.34	0.74	0.64	0.97	0.74
Other Stockholder Equity	0.23	0.47	0.06	0.46	0.08	0.42	-0.24	0.24	0.1	0.24	-0.01	0.15	0.32	-0.12	-0.04	0.0	0.47	0.24	-0.36	0.46		-0.42	0.11	-0.12	0.3	-0.05
Deferred Long Term Liab	-0.45	-0.23	-0.51	-0.26	-0.49	-0.19	-0.04	-0.3	-0.45	-0.37	-0.5	-0.33	-0.52	-0.5	0.11	-0.36	0.02	0.47	-0.09	-0.34	-0.42		-0.59	-0.36	-0.33	-0.36
Long Term Investments	0.85	0.41	0.78	0.7	0.86	0.66	0.64	0.83	0.86	0.79	0.79	0.87	0.77	0.59	-0.42	0.7	0.31	-0.13	0.55	0.74	0.11	-0.59		0.83	0.79	0.8
Short Long Term Debt	0.86	0.35	0.92	0.53	0.92	0.45	0.64	0.8	0.89	0.55	0.94	0.83	0.74	0.79	-0.43	0.82	0.08	-0.35	0.67	0.64	-0.12	-0.36	0.83		0.8	0.95
Total Current Assets	0.97	0.7	0.82	0.87	0.87	0.8	0.63	0.97	0.93	0.78	0.82	0.94	0.87	0.5	-0.39	0.55	0.61	0.11	0.58	0.97	0.3	-0.33	0.79	0.8		0.86
Short Term Debt	0.92	0.41	0.97	0.56	0.97	0.47	0.65	0.86	0.93	0.59	0.98	0.82	0.8	0.82	-0.42	0.79	0.19	-0.32	0.6	0.74	-0.05	-0.36	0.8	0.95	0.86

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China High Account Relationship Matchups

China High fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.8B	12.4B	11.2B	10.7B	12.3B	12.9B
Other Current Liab	791.3M	836.3M	1.2B	151.9M	174.7M	328.8M
Total Current Liabilities	4.6B	5.5B	5.9B	6.4B	7.4B	7.8B
Total Stockholder Equity	6.5B	5.2B	4.4B	3.6B	4.1B	2.6B
Accounts Payable	1.1B	1.5B	1.4B	1.4B	1.6B	1.6B
Cash	778.5M	1.1B	584.8M	447.9M	515.1M	400.0M
Other Assets	412.3M	614.9M	163.9M	214.2M	246.3M	140.5M
Net Receivables	3.0B	3.5B	2.3B	2.4B	2.8B	2.9B
Inventory	1.1B	1.1B	1.1B	797.2M	916.8M	962.6M
Other Current Assets	388.5M	416.7M	455.0M	114.2M	131.3M	147.0M
Total Liab	6.2B	7.0B	6.8B	7.0B	8.1B	8.5B
Intangible Assets	338.7M	315.8M	259.8M	201.4M	231.6M	138.2M
Property Plant Equipment	473.9M	482.0M	1.2B	1.4B	1.6B	1.7B
Other Liab	123.1M	56.4M	97.9M	149.0M	171.3M	88.7M
Net Tangible Assets	3.5B	3.2B	2.0B	1.5B	1.3B	2.2B
Retained Earnings	1.2B	(138.5M)	(984.8M)	(1.9B)	(1.7B)	(1.6B)
Long Term Debt	1.4B	1.4B	580.1M	193.6M	222.7M	211.5M
Good Will	3.0B	2.9B	2.7B	2.4B	2.7B	3.2B
Other Stockholder Equity	15.9M	6.8M	7.3M	23.4M	21.0M	18.8M
Deferred Long Term Liab	40.1M	26.2M	29.3M	20.1M	18.1M	21.4M
Short Long Term Debt	2.5B	3.1B	2.1B	2.8B	3.3B	1.8B
Total Current Assets	6.2B	6.1B	5.1B	4.9B	5.6B	5.7B
Non Current Assets Total	6.7B	6.3B	6.2B	5.8B	6.6B	5.9B
Non Currrent Assets Other	55.1M	21.0M	25.6M	13.9M	16.0M	25.3M
Non Current Liabilities Total	1.6B	1.5B	878.6M	577.5M	664.2M	729.7M
Non Current Liabilities Other	6.2M	43.8M	114.2M	123.9M	142.5M	80.0M
Net Debt	3.1B	3.3B	2.1B	2.6B	3.0B	2.2B
Net Invested Capital	10.4B	9.7B	7.1B	6.6B	5.9B	6.9B
Net Working Capital	1.6B	571.2M	(831.0M)	(1.6B)	(1.4B)	(1.3B)
Property Plant And Equipment Net	482.0M	1.2B	1.4B	1.5B	1.7B	1.1B
Property Plant And Equipment Gross	675.8M	1.4B	1.4B	1.8B	2.1B	1.3B

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Other Information on Investing in China Stock

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

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China Ebit vs Gross Profit Analysis

Ebit vs Gross Profit

Ebit vs Gross Profit Correlation Analysis

Correlation Coefficient

Ebit

Gross Profit

China High fundamental ratios Correlations

China High Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China High fundamental ratios Accounts

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Other Information on Investing in China Stock

COMMON DESTINATIONS

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Total Liab	+ 0.99	Total Current Liabilities
Inventory	+ 0.98	Total Assets
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.98	Accounts Payable
Short Term Debt	+ 0.98	Total Liab
Total Current Assets	+ 0.97	Total Assets

Retained Earnings	- 0.76	Property Plant Equipment
Long Term Investments	- 0.59	Deferred Long Term Liab
Retained Earnings	- 0.54	Other Liab
Deferred Long Term Liab	- 0.52	Common Stock
Deferred Long Term Liab	- 0.51	Total Current Liabilities
Deferred Long Term Liab	- 0.5	Property Plant Equipment