Shenzhen Gross Profit vs Total Operating Expenses Analysis

002138 Stock   31.62  0.37  1.18%   
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 Total Operating Expenses 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 Total Operating Expenses

Gross Profit vs Total Operating Expenses 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 Total Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Shenzhen Sunlord's Gross Profit and Total Operating Expenses is 0.99. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses 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 Total Operating Expenses 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 Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Shenzhen Sunlord's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
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 19, 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 Income1.0B737.8M1.0B1.1B
Total Revenue4.6B4.2B5.0B5.3B

Shenzhen Sunlord fundamental ratios Correlations

0.310.980.960.980.990.960.930.980.910.980.960.960.970.631.0-0.520.950.790.91-0.860.89-0.710.80.92-0.6
0.310.180.430.270.40.340.160.250.180.360.460.10.190.590.29-0.370.370.480.4-0.30.04-0.280.330.36-0.51
0.980.180.890.970.950.940.90.950.910.940.90.970.980.550.98-0.480.930.680.84-0.830.91-0.590.850.89-0.56
0.960.430.890.90.970.950.930.90.770.970.940.870.850.780.94-0.580.910.90.93-0.720.74-0.820.760.88-0.71
0.980.270.970.90.970.950.870.990.950.950.960.970.980.520.98-0.470.940.740.89-0.910.92-0.660.790.93-0.5
0.990.40.950.970.970.970.910.960.870.980.980.940.940.680.98-0.570.960.840.93-0.840.84-0.740.820.93-0.65
0.960.340.940.950.950.970.880.930.810.980.970.940.90.660.93-0.540.940.820.91-0.790.77-0.710.820.92-0.63
0.930.160.90.930.870.910.880.90.80.930.850.90.870.670.92-0.560.820.780.85-0.710.8-0.780.670.82-0.65
0.980.250.950.90.990.960.930.90.950.950.960.970.970.520.98-0.430.910.760.9-0.920.92-0.70.730.92-0.49
0.910.180.910.770.950.870.810.80.950.840.850.910.970.350.93-0.350.830.570.78-0.960.96-0.510.670.85-0.35
0.980.360.940.970.950.980.980.930.950.840.970.940.920.70.96-0.560.930.820.91-0.810.8-0.720.780.92-0.67
0.960.460.90.940.960.980.970.850.960.850.970.920.90.640.94-0.50.940.840.93-0.870.79-0.720.770.94-0.6
0.960.10.970.870.970.940.940.90.970.910.940.920.970.480.96-0.450.910.70.86-0.860.91-0.630.760.9-0.47
0.970.190.980.850.980.940.90.870.970.970.920.90.970.470.98-0.430.910.650.83-0.910.96-0.560.790.89-0.48
0.630.590.550.780.520.680.660.670.520.350.70.640.480.470.61-0.620.590.740.72-0.340.3-0.630.620.65-0.75
1.00.290.980.940.980.980.930.920.980.930.960.940.960.980.61-0.490.930.750.88-0.870.91-0.670.790.91-0.58
-0.52-0.37-0.48-0.58-0.47-0.57-0.54-0.56-0.43-0.35-0.56-0.5-0.45-0.43-0.62-0.49-0.51-0.61-0.580.33-0.330.54-0.52-0.520.67
0.950.370.930.910.940.960.940.820.910.830.930.940.910.910.590.93-0.510.790.88-0.790.85-0.650.870.9-0.55
0.790.480.680.90.740.840.820.780.760.570.820.840.70.650.740.75-0.610.790.93-0.570.55-0.910.640.82-0.66
0.910.40.840.930.890.930.910.850.90.780.910.930.860.830.720.88-0.580.880.93-0.770.74-0.830.780.97-0.63
-0.86-0.3-0.83-0.72-0.91-0.84-0.79-0.71-0.92-0.96-0.81-0.87-0.86-0.91-0.34-0.870.33-0.79-0.57-0.77-0.880.46-0.6-0.850.31
0.890.040.910.740.920.840.770.80.920.960.80.790.910.960.30.91-0.330.850.550.74-0.88-0.510.70.81-0.3
-0.71-0.28-0.59-0.82-0.66-0.74-0.71-0.78-0.7-0.51-0.72-0.72-0.63-0.56-0.63-0.670.54-0.65-0.91-0.830.46-0.51-0.45-0.690.55
0.80.330.850.760.790.820.820.670.730.670.780.770.760.790.620.79-0.520.870.640.78-0.60.7-0.450.84-0.67
0.920.360.890.880.930.930.920.820.920.850.920.940.90.890.650.91-0.520.90.820.97-0.850.81-0.690.84-0.57
-0.6-0.51-0.56-0.71-0.5-0.65-0.63-0.65-0.49-0.35-0.67-0.6-0.47-0.48-0.75-0.580.67-0.55-0.66-0.630.31-0.30.55-0.67-0.57
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Shenzhen Sunlord Account Relationship Matchups

Shenzhen Sunlord fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B7.5B9.7B10.9B12.6B13.2B
Other Current Liab213.0M239.5M399.8M582.9M15.8M15.0M
Total Current Liabilities1.5B2.0B2.2B2.4B3.4B3.6B
Total Stockholder Equity4.4B4.8B5.5B5.6B6.0B6.3B
Other Liab188.5M260.9M427.8M446.4M513.3M539.0M
Retained Earnings1.8B2.2B2.8B3.0B3.1B3.3B
Accounts Payable495.3M672.7M889.0M613.1M803.5M843.7M
Cash462.2M325.7M493.3M451.4M778.8M817.8M
Other Assets126.0M146.6M261.9M278.8M320.6M336.6M
Net Receivables1.2B1.3B2.0B1.5B2.0B2.1B
Inventory547.2M621.2M1.0B929.6M864.6M907.8M
Other Current Assets96.8M114.3M189.4M143.8M252.8M265.5M
Total Liab1.8B2.6B3.9B4.8B6.0B6.3B
Property Plant Equipment3.1B3.9B4.8B6.0B6.8B7.2B
Intangible Assets403.8M421.7M443.2M523.1M510.6M536.1M
Net Tangible Assets3.7B4.1B4.7B4.7B5.4B4.0B
Other Stockholder Equity599.0K551.7K(16.6M)(18.6M)(16.7M)(15.9M)
Deferred Long Term Liab30.1M27.1M31.9M54.3M62.4M65.6M
Short Long Term Debt666.0M927.0M553.3M819.1M1.0B568.8M
Total Current Assets2.3B2.7B3.7B3.6B4.6B2.8B
Non Current Assets Total4.0B4.9B6.0B7.3B7.9B5.4B
Non Currrent Assets Other57.1M3.9B109.3M73.4M62.5M59.4M
Non Current Liabilities Total318.9M576.1M1.7B2.4B2.6B2.8B
Net Invested Capital5.2B6.1B7.3B8.4B9.1B7.0B
Net Working Capital834.9M656.8M1.5B1.3B1.2B1.2B

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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.