Shenzhen Gross Profit vs Ebitda Analysis

000069 Stock   2.49  0.07  2.89%   
Shenzhen Overseas financial indicator trend analysis is much more than just breaking down Shenzhen Overseas Chinese prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Overseas Chinese is a good investment. Please check the relationship between Shenzhen Overseas Gross Profit and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Overseas Chinese. 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.

Gross Profit vs Ebitda

Gross Profit vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Overseas Chinese Gross Profit account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenzhen Overseas' Gross Profit and Ebitda is 0.8. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebitda in the same time period over historical financial statements of Shenzhen Overseas Chinese, assuming nothing else is changed. The correlation between historical values of Shenzhen Overseas' Gross Profit 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 Gross Profit of Shenzhen Overseas Chinese 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 Gross Profit i.e., Shenzhen Overseas' Gross Profit and Ebitda go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Shenzhen Overseas Chinese minus its cost of goods sold. It is profit before Shenzhen Overseas 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.

Ebitda

Most indicators from Shenzhen Overseas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Overseas Chinese 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 Shenzhen Overseas Chinese. 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 Tax Provision is expected to grow to about 3 B, whereas Selling General Administrative is forecasted to decline to about 2 B.
 2022 2023 2024 2025 (projected)
Operating Income7.8B2.9B3.3B6.0B
Total Revenue76.8B55.7B64.1B67.3B

Shenzhen Overseas fundamental ratios Correlations

0.541.00.970.970.930.970.970.191.00.661.00.950.470.790.85-0.30.98-0.940.940.570.830.870.60.970.89
0.540.590.60.690.280.590.430.50.590.180.510.330.430.130.23-0.150.38-0.550.42-0.20.240.590.580.610.58
1.00.590.970.970.90.970.960.241.00.640.990.920.460.760.82-0.320.96-0.940.930.510.80.880.640.980.9
0.970.60.970.990.880.950.950.250.970.710.970.910.60.760.78-0.150.93-0.940.890.470.760.870.640.930.89
0.970.690.970.990.830.960.920.310.970.650.960.860.560.680.73-0.170.9-0.930.870.380.720.880.680.940.89
0.930.280.90.880.830.910.91-0.110.910.570.940.970.410.910.9-0.270.96-0.830.910.80.890.730.310.880.76
0.970.590.970.950.960.910.910.080.970.520.970.90.460.760.8-0.260.93-0.880.90.560.80.820.510.960.84
0.970.430.960.950.920.910.910.250.950.790.980.940.460.780.85-0.30.97-0.940.930.580.820.870.650.930.9
0.190.50.240.250.31-0.110.080.250.20.410.180.040.24-0.180.04-0.140.08-0.320.1-0.49-0.130.390.790.210.38
1.00.591.00.970.970.910.970.950.20.60.990.930.470.770.83-0.320.97-0.940.930.520.80.870.60.980.89
0.660.180.640.710.650.570.520.790.410.60.650.630.430.480.50.020.66-0.740.630.320.530.680.690.550.7
1.00.510.990.970.960.940.970.980.180.990.650.950.450.80.86-0.320.98-0.940.950.580.830.860.590.980.89
0.950.330.920.910.860.970.90.940.040.930.630.950.50.930.92-0.30.97-0.860.910.720.850.770.420.880.8
0.470.430.460.60.560.410.460.460.240.470.430.450.50.550.410.210.41-0.490.450.080.420.530.310.40.51
0.790.130.760.760.680.910.760.78-0.180.770.480.80.930.550.87-0.210.84-0.650.750.740.750.540.190.690.57
0.850.230.820.780.730.90.80.850.040.830.50.860.920.410.87-0.430.88-0.760.830.710.780.680.350.80.71
-0.3-0.15-0.32-0.15-0.17-0.27-0.26-0.3-0.14-0.320.02-0.32-0.30.21-0.21-0.43-0.320.32-0.37-0.23-0.29-0.35-0.25-0.39-0.36
0.980.380.960.930.90.960.930.970.080.970.660.980.970.410.840.88-0.32-0.920.950.670.860.830.50.940.86
-0.94-0.55-0.94-0.94-0.93-0.83-0.88-0.94-0.32-0.94-0.74-0.94-0.86-0.49-0.65-0.760.32-0.92-0.94-0.48-0.82-0.97-0.67-0.93-0.98
0.940.420.930.890.870.910.90.930.10.930.630.950.910.450.750.83-0.370.95-0.940.630.940.90.480.950.91
0.57-0.20.510.470.380.80.560.58-0.490.520.320.580.720.080.740.71-0.230.67-0.480.630.790.36-0.190.50.39
0.830.240.80.760.720.890.80.82-0.130.80.530.830.850.420.750.78-0.290.86-0.820.940.790.770.210.830.78
0.870.590.880.870.880.730.820.870.390.870.680.860.770.530.540.68-0.350.83-0.970.90.360.770.690.881.0
0.60.580.640.640.680.310.510.650.790.60.690.590.420.310.190.35-0.250.5-0.670.48-0.190.210.690.590.7
0.970.610.980.930.940.880.960.930.210.980.550.980.880.40.690.8-0.390.94-0.930.950.50.830.880.590.9
0.890.580.90.890.890.760.840.90.380.890.70.890.80.510.570.71-0.360.86-0.980.910.390.781.00.70.9
Click cells to compare fundamentals

Shenzhen Overseas Account Relationship Matchups

Shenzhen Overseas fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets456.6B480.1B392.9B371.0B426.7B448.0B
Other Current Liab133.4B138.2B89.9B4.6B5.3B5.0B
Total Current Liabilities230.1B242.2B181.2B171.9B197.7B207.6B
Total Stockholder Equity78.4B81.2B68.9B62.0B71.2B74.8B
Retained Earnings66.5B67.0B50.2B43.6B50.1B52.6B
Accounts Payable28.5B35.4B33.1B31.3B35.9B37.7B
Cash60.5B67.6B41.6B40.1B46.2B48.5B
Other Assets20.8B34.5B29.5B31.0B35.7B37.4B
Net Receivables1.1B3.1B919.7M954.7M1.1B1.0B
Inventory250.5B247.8B196.0B178.3B205.1B215.3B
Other Current Assets9.1B7.4B22.3B20.9B24.0B25.2B
Total Liab346.2B359.3B292.3B285.0B327.7B344.1B
Intangible Assets10.5B11.9B12.0B11.2B12.9B13.6B
Property Plant Equipment17.7B20.6B27.4B30.6B35.2B37.0B
Other Liab1.5B1.5B1.7B2.2B2.5B2.6B
Long Term Debt114.4B111.9B106.8B108.8B125.1B131.4B
Good Will76.2M65.9M63.5M62.9M56.6M98.2M
Net Tangible Assets51.5B59.6B67.6B69.2B79.6B57.5B
Other Stockholder Equity(1.2B)(1.2B)(590.5M)1.9B2.2B2.3B
Deferred Long Term Liab679.8M832.0M971.1M1.3B1.5B900.2M
Short Long Term Debt12.7B5.5B4.1B6.2B7.1B10.3B
Total Current Assets372.3B386.7B294.4B277.3B318.9B271.3B
Non Current Assets Total84.3B93.4B98.6B93.7B107.8B82.8B
Non Currrent Assets Other2.9B2.0B3.1B2.4B2.2B2.8B
Non Current Liabilities Total116.1B117.0B111.1B113.1B130.1B94.8B
Net Debt66.6B49.8B69.2B74.8B86.1B65.6B
Net Invested Capital205.5B198.6B179.7B176.9B203.5B187.2B
Net Working Capital142.2B144.4B113.2B105.4B121.2B118.8B
Property Plant And Equipment Net23.6B30.6B32.5B30.7B35.3B30.4B
Capital Lease Obligations11.3M3.0B2.6B2.7B3.1B1.8B
Property Plant And Equipment Gross38.0B46.3B32.5B30.7B27.6B29.0B

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Other Information on Investing in Shenzhen Stock

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