Shenzhen Gross Profit vs Operating Income Analysis

002138 Stock

32.75 0.21 0.65%

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

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Sunlord Ele Gross Profit account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Shenzhen Sunlord's Gross Profit and Operating Income is 0.94. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shenzhen Sunlord Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunlord's Gross Profit and Operating Income 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 Sunlord Electronics are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Shenzhen Sunlord's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Gross Profit

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

Operating Income

Operating Income is the amount of profit realized from Shenzhen Sunlord Ele operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Shenzhen Sunlord Electronics is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Shenzhen Sunlord's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunlord Ele 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 Sunlord Electronics. 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 December 23, 2024, Selling General Administrative is expected to decline to about 110.2 M. In addition to that, Tax Provision is expected to decline to about 72.4 M

	2021	2022	2023	2024 (projected)
Operating Income	1.0B	737.8M	1.0B	1.1B
Total Revenue	4.6B	4.2B	5.0B	5.3B

Operating Income Total Revenue

Shenzhen Sunlord fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Common Stock	Property Plant Equipment	Short Term Investments	Intangible Assets	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock
Total Assets		0.31	0.98	0.96	0.98	0.99	0.96	0.93	0.98	0.91	0.98	0.96	0.96	0.97	0.63	1.0	-0.52	0.95	0.79	0.91	-0.86	0.89	-0.71	0.8	0.92	-0.6
Other Current Liab	0.31		0.18	0.43	0.27	0.4	0.34	0.16	0.25	0.18	0.36	0.46	0.1	0.19	0.59	0.29	-0.37	0.37	0.48	0.4	-0.3	0.04	-0.28	0.33	0.36	-0.51
Total Current Liabilities	0.98	0.18		0.89	0.97	0.95	0.94	0.9	0.95	0.91	0.94	0.9	0.97	0.98	0.55	0.98	-0.48	0.93	0.68	0.84	-0.83	0.91	-0.59	0.85	0.89	-0.56
Total Stockholder Equity	0.96	0.43	0.89		0.9	0.97	0.95	0.93	0.9	0.77	0.97	0.94	0.87	0.85	0.78	0.94	-0.58	0.91	0.9	0.93	-0.72	0.74	-0.82	0.76	0.88	-0.71
Other Liab	0.98	0.27	0.97	0.9		0.97	0.95	0.87	0.99	0.95	0.95	0.96	0.97	0.98	0.52	0.98	-0.47	0.94	0.74	0.89	-0.91	0.92	-0.66	0.79	0.93	-0.5
Retained Earnings	0.99	0.4	0.95	0.97	0.97		0.97	0.91	0.96	0.87	0.98	0.98	0.94	0.94	0.68	0.98	-0.57	0.96	0.84	0.93	-0.84	0.84	-0.74	0.82	0.93	-0.65
Accounts Payable	0.96	0.34	0.94	0.95	0.95	0.97		0.88	0.93	0.81	0.98	0.97	0.94	0.9	0.66	0.93	-0.54	0.94	0.82	0.91	-0.79	0.77	-0.71	0.82	0.92	-0.63
Cash	0.93	0.16	0.9	0.93	0.87	0.91	0.88		0.9	0.8	0.93	0.85	0.9	0.87	0.67	0.92	-0.56	0.82	0.78	0.85	-0.71	0.8	-0.78	0.67	0.82	-0.65
Other Assets	0.98	0.25	0.95	0.9	0.99	0.96	0.93	0.9		0.95	0.95	0.96	0.97	0.97	0.52	0.98	-0.43	0.91	0.76	0.9	-0.92	0.92	-0.7	0.73	0.92	-0.49
Long Term Debt	0.91	0.18	0.91	0.77	0.95	0.87	0.81	0.8	0.95		0.84	0.85	0.91	0.97	0.35	0.93	-0.35	0.83	0.57	0.78	-0.96	0.96	-0.51	0.67	0.85	-0.35
Net Receivables	0.98	0.36	0.94	0.97	0.95	0.98	0.98	0.93	0.95	0.84		0.97	0.94	0.92	0.7	0.96	-0.56	0.93	0.82	0.91	-0.81	0.8	-0.72	0.78	0.92	-0.67
Inventory	0.96	0.46	0.9	0.94	0.96	0.98	0.97	0.85	0.96	0.85	0.97		0.92	0.9	0.64	0.94	-0.5	0.94	0.84	0.93	-0.87	0.79	-0.72	0.77	0.94	-0.6
Other Current Assets	0.96	0.1	0.97	0.87	0.97	0.94	0.94	0.9	0.97	0.91	0.94	0.92		0.97	0.48	0.96	-0.45	0.91	0.7	0.86	-0.86	0.91	-0.63	0.76	0.9	-0.47
Total Liab	0.97	0.19	0.98	0.85	0.98	0.94	0.9	0.87	0.97	0.97	0.92	0.9	0.97		0.47	0.98	-0.43	0.91	0.65	0.83	-0.91	0.96	-0.56	0.79	0.89	-0.48
Common Stock	0.63	0.59	0.55	0.78	0.52	0.68	0.66	0.67	0.52	0.35	0.7	0.64	0.48	0.47		0.61	-0.62	0.59	0.74	0.72	-0.34	0.3	-0.63	0.62	0.65	-0.75
Property Plant Equipment	1.0	0.29	0.98	0.94	0.98	0.98	0.93	0.92	0.98	0.93	0.96	0.94	0.96	0.98	0.61		-0.49	0.93	0.75	0.88	-0.87	0.91	-0.67	0.79	0.91	-0.58
Short Term Investments	-0.52	-0.37	-0.48	-0.58	-0.47	-0.57	-0.54	-0.56	-0.43	-0.35	-0.56	-0.5	-0.45	-0.43	-0.62	-0.49		-0.51	-0.61	-0.58	0.33	-0.33	0.54	-0.52	-0.52	0.67
Intangible Assets	0.95	0.37	0.93	0.91	0.94	0.96	0.94	0.82	0.91	0.83	0.93	0.94	0.91	0.91	0.59	0.93	-0.51		0.79	0.88	-0.79	0.85	-0.65	0.87	0.9	-0.55
Good Will	0.79	0.48	0.68	0.9	0.74	0.84	0.82	0.78	0.76	0.57	0.82	0.84	0.7	0.65	0.74	0.75	-0.61	0.79		0.93	-0.57	0.55	-0.91	0.64	0.82	-0.66
Net Tangible Assets	0.91	0.4	0.84	0.93	0.89	0.93	0.91	0.85	0.9	0.78	0.91	0.93	0.86	0.83	0.72	0.88	-0.58	0.88	0.93		-0.77	0.74	-0.83	0.78	0.97	-0.63
Other Stockholder Equity	-0.86	-0.3	-0.83	-0.72	-0.91	-0.84	-0.79	-0.71	-0.92	-0.96	-0.81	-0.87	-0.86	-0.91	-0.34	-0.87	0.33	-0.79	-0.57	-0.77		-0.88	0.46	-0.6	-0.85	0.31
Deferred Long Term Liab	0.89	0.04	0.91	0.74	0.92	0.84	0.77	0.8	0.92	0.96	0.8	0.79	0.91	0.96	0.3	0.91	-0.33	0.85	0.55	0.74	-0.88		-0.51	0.7	0.81	-0.3
Long Term Investments	-0.71	-0.28	-0.59	-0.82	-0.66	-0.74	-0.71	-0.78	-0.7	-0.51	-0.72	-0.72	-0.63	-0.56	-0.63	-0.67	0.54	-0.65	-0.91	-0.83	0.46	-0.51		-0.45	-0.69	0.55
Short Long Term Debt	0.8	0.33	0.85	0.76	0.79	0.82	0.82	0.67	0.73	0.67	0.78	0.77	0.76	0.79	0.62	0.79	-0.52	0.87	0.64	0.78	-0.6	0.7	-0.45		0.84	-0.67
Total Current Assets	0.92	0.36	0.89	0.88	0.93	0.93	0.92	0.82	0.92	0.85	0.92	0.94	0.9	0.89	0.65	0.91	-0.52	0.9	0.82	0.97	-0.85	0.81	-0.69	0.84		-0.57
Treasury Stock	-0.6	-0.51	-0.56	-0.71	-0.5	-0.65	-0.63	-0.65	-0.49	-0.35	-0.67	-0.6	-0.47	-0.48	-0.75	-0.58	0.67	-0.55	-0.66	-0.63	0.31	-0.3	0.55	-0.67	-0.57

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Shenzhen Sunlord Account Relationship Matchups

Shenzhen Sunlord fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	7.5B	9.7B	10.9B	12.6B	13.2B
Other Current Liab	213.0M	239.5M	399.8M	582.9M	15.8M	15.0M
Total Current Liabilities	1.5B	2.0B	2.2B	2.4B	3.4B	3.6B
Total Stockholder Equity	4.4B	4.8B	5.5B	5.6B	6.0B	6.3B
Other Liab	188.5M	260.9M	427.8M	446.4M	513.3M	539.0M
Retained Earnings	1.8B	2.2B	2.8B	3.0B	3.1B	3.3B
Accounts Payable	495.3M	672.7M	889.0M	613.1M	803.5M	843.7M
Cash	462.2M	325.7M	493.3M	451.4M	778.8M	817.8M
Other Assets	126.0M	146.6M	261.9M	278.8M	320.6M	336.6M
Net Receivables	1.2B	1.3B	2.0B	1.5B	2.0B	2.1B
Inventory	547.2M	621.2M	1.0B	929.6M	864.6M	907.8M
Other Current Assets	96.8M	114.3M	189.4M	143.8M	252.8M	265.5M
Total Liab	1.8B	2.6B	3.9B	4.8B	6.0B	6.3B
Property Plant Equipment	3.1B	3.9B	4.8B	6.0B	6.8B	7.2B
Intangible Assets	403.8M	421.7M	443.2M	523.1M	510.6M	536.1M
Net Tangible Assets	3.7B	4.1B	4.7B	4.7B	5.4B	4.0B
Other Stockholder Equity	599.0K	551.7K	(16.6M)	(18.6M)	(16.7M)	(15.9M)
Deferred Long Term Liab	30.1M	27.1M	31.9M	54.3M	62.4M	65.6M
Short Long Term Debt	666.0M	927.0M	553.3M	819.1M	1.0B	568.8M
Total Current Assets	2.3B	2.7B	3.7B	3.6B	4.6B	2.8B
Non Current Assets Total	4.0B	4.9B	6.0B	7.3B	7.9B	5.4B
Non Currrent Assets Other	57.1M	3.9B	109.3M	73.4M	62.5M	59.4M
Non Current Liabilities Total	318.9M	576.1M	1.7B	2.4B	2.6B	2.8B
Net Invested Capital	5.2B	6.1B	7.3B	8.4B	9.1B	7.0B
Net Working Capital	834.9M	656.8M	1.5B	1.3B	1.2B	1.2B

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Other Information on Investing in Shenzhen Stock

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

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Shenzhen Gross Profit vs Operating Income Analysis

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

Correlation Coefficient

Gross Profit

Operating Income

Shenzhen Sunlord fundamental ratios Correlations

Shenzhen Sunlord Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Sunlord fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant Equipment	+ 1.0	Total Assets
Retained Earnings	+ 0.99	Total Assets
Other Assets	+ 0.99	Other Liab
Total Current Liabilities	+ 0.98	Total Assets
Other Liab	+ 0.98	Total Assets
Other Assets	+ 0.98	Total Assets

Other Stockholder Equity	- 0.96	Long Term Debt
Other Stockholder Equity	- 0.92	Other Assets
Long Term Investments	- 0.91	Good Will
Other Stockholder Equity	- 0.91	Total Liab
Other Stockholder Equity	- 0.91	Other Liab
Deferred Long Term Liab	- 0.88	Other Stockholder Equity