Shenzhen Interest Income vs Gross Profit Analysis

002238 Stock

8.75 0.41 4.48%

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

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Topway Video Interest Income account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shenzhen Topway's Interest Income and Gross Profit is 0.62. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Shenzhen Topway Video, assuming nothing else is changed. The correlation between historical values of Shenzhen Topway's Interest Income 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 Interest Income of Shenzhen Topway Video 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 Interest Income i.e., Shenzhen Topway's Interest Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Shenzhen Topway Video minus its cost of goods sold. It is profit before Shenzhen Topway 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 Shenzhen Topway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Topway Video 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 Topway Video. 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 March 2, 2025, Selling General Administrative is expected to decline to about 64.1 M. In addition to that, Discontinued Operations is expected to decline to about (39.4 K)

	2022	2023	2024	2025 (projected)
Operating Income	91.6M	123.4M	141.9M	165.4M
Total Revenue	1.5B	1.5B	1.7B	1.4B

Operating Income Total Revenue

Shenzhen Topway 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	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Non Current Liabilities Other	Common Stock Shares Outstanding
Total Assets		0.08	0.77	0.89	0.49	0.71	0.8	0.69	0.47	0.08	0.62	0.64	0.72	0.72	0.94	0.94	0.92	-0.23	0.01	0.84	-0.57	0.68	-0.3	0.44	-0.74	-0.18
Other Current Liab	0.08		-0.3	0.31	0.1	0.57	-0.33	0.25	-0.05	0.2	-0.17	0.33	0.31	-0.38	0.3	0.07	0.15	0.48	0.6	0.1	0.17	-0.48	-0.09	-0.64	-0.03	0.48
Total Current Liabilities	0.77	-0.3		0.51	0.45	0.29	0.98	0.36	0.47	-0.14	0.8	0.65	0.39	0.99	0.62	0.81	0.66	-0.69	-0.38	0.76	-0.88	0.86	-0.54	0.79	-0.79	-0.63
Total Stockholder Equity	0.89	0.31	0.51		0.34	0.92	0.58	0.83	0.27	0.03	0.41	0.41	0.78	0.44	0.93	0.73	0.89	0.1	0.3	0.71	-0.31	0.34	-0.11	0.22	-0.56	-0.11
Other Liab	0.49	0.1	0.45	0.34		0.44	0.43	0.19	0.84	0.49	0.26	0.63	0.52	0.48	0.47	0.45	0.18	0.06	0.32	0.65	-0.32	0.3	-0.15	0.19	-0.55	-0.14
Retained Earnings	0.71	0.57	0.29	0.92	0.44		0.34	0.77	0.28	0.13	0.22	0.4	0.78	0.21	0.84	0.52	0.68	0.37	0.57	0.61	-0.13	0.03	-0.02	-0.04	-0.44	0.01
Accounts Payable	0.8	-0.33	0.98	0.58	0.43	0.34		0.44	0.43	-0.15	0.83	0.56	0.4	0.97	0.66	0.81	0.71	-0.62	-0.36	0.77	-0.85	0.83	-0.48	0.79	-0.76	-0.62
Cash	0.69	0.25	0.36	0.83	0.19	0.77	0.44		-0.09	0.03	0.2	0.28	0.58	0.29	0.8	0.5	0.69	0.07	0.21	0.4	-0.11	0.13	-0.01	0.09	-0.15	-0.06
Other Assets	0.47	-0.05	0.47	0.27	0.84	0.28	0.43	-0.09		0.36	0.37	0.55	0.38	0.51	0.39	0.48	0.18	-0.06	0.16	0.65	-0.42	0.47	-0.13	0.3	-0.72	-0.15
Long Term Debt	0.08	0.2	-0.14	0.03	0.49	0.13	-0.15	0.03	0.36		-0.12	0.24	0.15	-0.12	0.18	0.08	-0.15	0.21	0.16	0.06	0.17	-0.09	0.04	-0.27	0.0	0.41
Net Receivables	0.62	-0.17	0.8	0.41	0.26	0.22	0.83	0.2	0.37	-0.12		0.49	0.15	0.79	0.51	0.73	0.59	-0.64	-0.49	0.64	-0.91	0.72	-0.55	0.64	-0.7	-0.48
Inventory	0.64	0.33	0.65	0.41	0.63	0.4	0.56	0.28	0.55	0.24	0.49		0.42	0.62	0.65	0.73	0.46	-0.38	-0.07	0.63	-0.61	0.47	-0.6	0.18	-0.68	-0.07
Other Current Assets	0.72	0.31	0.39	0.78	0.52	0.78	0.4	0.58	0.38	0.15	0.15	0.42		0.37	0.69	0.53	0.65	0.21	0.44	0.61	-0.18	0.33	0.13	0.27	-0.46	-0.12
Total Liab	0.72	-0.38	0.99	0.44	0.48	0.21	0.97	0.29	0.51	-0.12	0.79	0.62	0.37		0.55	0.75	0.58	-0.71	-0.41	0.73	-0.88	0.88	-0.51	0.83	-0.76	-0.67
Intangible Assets	0.94	0.3	0.62	0.93	0.47	0.84	0.66	0.8	0.39	0.18	0.51	0.65	0.69	0.55		0.83	0.84	-0.08	0.14	0.73	-0.44	0.44	-0.29	0.22	-0.62	-0.06
Common Stock	0.94	0.07	0.81	0.73	0.45	0.52	0.81	0.5	0.48	0.08	0.73	0.73	0.53	0.75	0.83		0.88	-0.4	-0.15	0.87	-0.7	0.74	-0.48	0.42	-0.79	-0.12
Property Plant Equipment	0.92	0.15	0.66	0.89	0.18	0.68	0.71	0.69	0.18	-0.15	0.59	0.46	0.65	0.58	0.84	0.88		-0.22	-0.01	0.74	-0.53	0.6	-0.3	0.37	-0.63	-0.18
Net Tangible Assets	-0.23	0.48	-0.69	0.1	0.06	0.37	-0.62	0.07	-0.06	0.21	-0.64	-0.38	0.21	-0.71	-0.08	-0.4	-0.22		0.86	-0.16	0.78	-0.74	0.59	-0.69	0.33	0.58
Deferred Long Term Liab	0.01	0.6	-0.38	0.3	0.32	0.57	-0.36	0.21	0.16	0.16	-0.49	-0.07	0.44	-0.41	0.14	-0.15	-0.01	0.86		0.16	0.49	-0.55	0.31	-0.53	0.0	0.37
Long Term Investments	0.84	0.1	0.76	0.71	0.65	0.61	0.77	0.4	0.65	0.06	0.64	0.63	0.61	0.73	0.73	0.87	0.74	-0.16	0.16		-0.66	0.61	-0.4	0.42	-0.86	-0.25
Total Current Assets	-0.57	0.17	-0.88	-0.31	-0.32	-0.13	-0.85	-0.11	-0.42	0.17	-0.91	-0.61	-0.18	-0.88	-0.44	-0.7	-0.53	0.78	0.49	-0.66		-0.79	0.65	-0.73	0.75	0.64
Non Current Assets Total	0.68	-0.48	0.86	0.34	0.3	0.03	0.83	0.13	0.47	-0.09	0.72	0.47	0.33	0.88	0.44	0.74	0.6	-0.74	-0.55	0.61	-0.79		-0.35	0.85	-0.66	-0.53
Non Currrent Assets Other	-0.3	-0.09	-0.54	-0.11	-0.15	-0.02	-0.48	-0.01	-0.13	0.04	-0.55	-0.6	0.13	-0.51	-0.29	-0.48	-0.3	0.59	0.31	-0.4	0.65	-0.35		-0.18	0.5	0.22
Non Current Liabilities Total	0.44	-0.64	0.79	0.22	0.19	-0.04	0.79	0.09	0.3	-0.27	0.64	0.18	0.27	0.83	0.22	0.42	0.37	-0.69	-0.53	0.42	-0.73	0.85	-0.18		-0.47	-0.81
Non Current Liabilities Other	-0.74	-0.03	-0.79	-0.56	-0.55	-0.44	-0.76	-0.15	-0.72	0.0	-0.7	-0.68	-0.46	-0.76	-0.62	-0.79	-0.63	0.33	0.0	-0.86	0.75	-0.66	0.5	-0.47		0.31
Common Stock Shares Outstanding	-0.18	0.48	-0.63	-0.11	-0.14	0.01	-0.62	-0.06	-0.15	0.41	-0.48	-0.07	-0.12	-0.67	-0.06	-0.12	-0.18	0.58	0.37	-0.25	0.64	-0.53	0.22	-0.81	0.31

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Shenzhen Topway Account Relationship Matchups

Shenzhen Topway fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	3.9B	3.7B	4.0B	4.4B	5.0B	3.3B
Other Current Liab	647.8M	617.4M	7.9M	21.8M	25.1M	23.8M
Total Current Liabilities	1.5B	1.2B	1.6B	1.7B	1.9B	2.0B
Total Stockholder Equity	2.2B	2.3B	2.3B	2.3B	2.7B	2.2B
Other Liab	95.4M	96.0M	91.9M	83.0M	95.4M	86.3M
Retained Earnings	1.4B	1.4B	1.1B	1.1B	1.3B	1.3B
Accounts Payable	435.9M	484.3M	624.4M	636.5M	731.9M	768.5M
Cash	1.1B	871.5M	1.1B	988.6M	1.1B	1.0B
Other Assets	466.5M	425.7M	384.0M	410.5M	472.1M	380.3M
Net Receivables	92.6M	337.3M	196.7M	204.7M	235.4M	247.2M
Inventory	61.4M	40.3M	27.4M	29.3M	33.7M	23.8M
Other Current Assets	40.8M	22.4M	9.4M	45.2M	52.0M	31.1M
Total Liab	1.6B	1.4B	1.7B	1.9B	2.2B	2.4B
Intangible Assets	316.4M	309.6M	302.0M	302.8M	348.2M	209.2M
Property Plant Equipment	1.2B	1.2B	1.2B	1.2B	1.4B	1.1B
Net Tangible Assets	2.5B	2.3B	1.9B	2.0B	1.8B	1.8B
Deferred Long Term Liab	202.3M	210.2M	178.0M	152.4M	137.2M	154.3M
Total Current Assets	1.5B	1.3B	1.6B	1.5B	1.4B	1.3B
Non Current Assets Total	2.4B	2.4B	2.5B	2.8B	3.3B	2.6B
Non Currrent Assets Other	17.6M	26.3M	27.9M	48.0M	43.2M	32.6M
Non Current Liabilities Total	91.9M	121.0M	119.5M	277.6M	319.2M	335.1M
Short Term Investments	570M	548M	50M	21.4M	19.3M	18.3M
Net Invested Capital	2.4B	2.3B	2.5B	2.8B	2.5B	2.1B
Net Working Capital	(32.9M)	79.8M	8.1M	(148.2M)	(133.4M)	(126.8M)
Property Plant And Equipment Net	1.2B	1.2B	1.4B	1.7B	1.9B	1.5B
Property Plant And Equipment Gross	3.5B	3.7B	4.0B	1.7B	1.5B	2.6B

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Other Information on Investing in Shenzhen Stock

Balance Sheet is a snapshot of the financial position of Shenzhen Topway Video at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Topway Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Topway 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 Interest Income vs Gross Profit Analysis

Interest Income vs Gross Profit

Interest Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Interest Income

Gross Profit

Shenzhen Topway fundamental ratios Correlations

Shenzhen Topway Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen Topway fundamental ratios Accounts

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Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

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Total Liab	+ 0.99	Total Current Liabilities
Accounts Payable	+ 0.98	Total Current Liabilities
Total Liab	+ 0.97	Accounts Payable
Intangible Assets	+ 0.94	Total Assets
Common Stock	+ 0.94	Total Assets
Intangible Assets	+ 0.93	Total Stockholder Equity

Total Current Assets	- 0.91	Net Receivables
Total Current Assets	- 0.88	Total Liab
Total Current Assets	- 0.88	Total Current Liabilities
Non Current Liabilities Other	- 0.86	Long Term Investments
Total Current Assets	- 0.85	Accounts Payable
Common Stock Shares Outstanding	- 0.81	Non Current Liabilities Total