Zhejiang Cost Of Revenue vs Net Interest Income Analysis

002273 Stock   23.37  0.92  4.10%   
Zhejiang Crystal financial indicator trend analysis is more than just analyzing Zhejiang Crystal Optech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Crystal Optech is a good investment. Please check the relationship between Zhejiang Crystal Cost Of Revenue and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Crystal Optech. 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.

Cost Of Revenue vs Net Interest Income

Cost Of Revenue vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhejiang Crystal Optech Cost Of Revenue account and Net Interest Income. At this time, the significance of the direction appears to have strong relationship.
Cost Of RevenueNet Interest IncomeDiversified AwayCost Of RevenueNet Interest IncomeDiversified Away100%
The correlation between Zhejiang Crystal's Cost Of Revenue and Net Interest Income is 0.71. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Zhejiang Crystal Optech, assuming nothing else is changed. The correlation between historical values of Zhejiang Crystal's Cost Of Revenue and Net Interest 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 Cost Of Revenue of Zhejiang Crystal Optech are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Cost Of Revenue i.e., Zhejiang Crystal's Cost Of Revenue and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Zhejiang Crystal Optech income statement and represents the costs associated with goods and services Zhejiang Crystal provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Zhejiang Crystal's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Crystal Optech 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 Zhejiang Crystal Optech. 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 Selling General Administrative is expected to grow to about 284.2 M, whereas Tax Provision is forecasted to decline to about 36.5 M.
 2021 2022 2023 2024 (projected)
Operating Income420.1M478.8M629.9M661.4M
Total Revenue3.8B4.4B5.1B5.3B

Zhejiang Crystal fundamental ratios Correlations

-0.30.971.00.99-0.870.990.970.951.00.950.960.230.990.210.960.940.990.98-0.040.690.580.99-0.260.730.99
-0.3-0.33-0.3-0.360.39-0.36-0.37-0.36-0.33-0.37-0.230.1-0.370.58-0.23-0.24-0.26-0.30.610.29-0.47-0.38-0.120.09-0.36
0.97-0.330.960.99-0.840.971.00.880.980.880.940.080.980.160.920.90.940.96-0.160.610.670.98-0.240.630.99
1.0-0.30.960.98-0.90.980.960.960.990.960.950.150.990.190.980.90.990.98-0.080.680.590.99-0.260.720.99
0.99-0.360.990.98-0.850.990.990.921.00.930.960.170.990.150.940.930.970.98-0.120.620.620.99-0.250.671.0
-0.870.39-0.84-0.9-0.85-0.85-0.85-0.94-0.85-0.94-0.750.16-0.870.05-0.93-0.66-0.88-0.830.37-0.48-0.61-0.890.38-0.49-0.86
0.99-0.360.970.980.99-0.850.970.931.00.930.970.220.990.140.930.940.970.99-0.080.640.630.99-0.220.711.0
0.97-0.371.00.960.99-0.850.970.890.980.890.940.080.980.140.920.90.940.95-0.190.580.650.98-0.250.60.99
0.95-0.360.880.960.92-0.940.930.890.931.00.860.180.920.080.960.840.970.91-0.160.580.540.93-0.380.620.93
1.0-0.330.980.991.0-0.851.00.980.930.930.960.20.990.180.950.940.970.99-0.070.660.610.99-0.230.721.0
0.95-0.370.880.960.93-0.940.930.891.00.930.870.190.920.080.950.850.970.92-0.160.580.540.93-0.380.630.93
0.96-0.230.940.950.96-0.750.970.940.860.960.870.290.940.270.890.940.950.980.080.720.570.95-0.10.790.96
0.230.10.080.150.170.160.220.080.180.20.190.290.120.40.090.50.260.230.640.36-0.230.09-0.030.420.17
0.99-0.370.980.990.99-0.870.990.980.920.990.920.940.120.120.950.90.960.97-0.150.620.640.99-0.220.680.99
0.210.580.160.190.150.050.140.140.080.180.080.270.40.120.270.310.260.170.80.7-0.280.140.020.460.14
0.96-0.230.920.980.94-0.930.930.920.960.950.950.890.090.950.270.840.970.92-0.070.70.520.95-0.310.680.94
0.94-0.240.90.90.93-0.660.940.90.840.940.850.940.50.90.310.840.920.930.130.680.490.89-0.220.720.93
0.99-0.260.940.990.97-0.880.970.940.970.970.970.950.260.960.260.970.920.970.010.710.530.97-0.280.740.97
0.98-0.30.960.980.98-0.830.990.950.910.990.920.980.230.970.170.920.930.97-0.020.670.590.98-0.190.750.98
-0.040.61-0.16-0.08-0.120.37-0.08-0.19-0.16-0.07-0.160.080.64-0.150.8-0.070.130.01-0.020.55-0.44-0.130.220.48-0.12
0.690.290.610.680.62-0.480.640.580.580.660.580.720.360.620.70.70.680.710.670.550.260.63-0.070.90.62
0.58-0.470.670.590.62-0.610.630.650.540.610.540.57-0.230.64-0.280.520.490.530.59-0.440.260.650.050.380.63
0.99-0.380.980.990.99-0.890.990.980.930.990.930.950.090.990.140.950.890.970.98-0.130.630.65-0.20.680.99
-0.26-0.12-0.24-0.26-0.250.38-0.22-0.25-0.38-0.23-0.38-0.1-0.03-0.220.02-0.31-0.22-0.28-0.190.22-0.070.05-0.20.17-0.26
0.730.090.630.720.67-0.490.710.60.620.720.630.790.420.680.460.680.720.740.750.480.90.380.680.170.67
0.99-0.360.990.991.0-0.861.00.990.931.00.930.960.170.990.140.940.930.970.98-0.120.620.630.99-0.260.67
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Zhejiang Crystal Account Relationship Matchups

Zhejiang Crystal fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.4B7.5B9.8B10.3B11.3B11.8B
Other Current Liab6.6M477.8K201.7K818.1K1.3M1.2M
Total Current Liabilities800.0M1.4B1.3B1.6B2.1B2.2B
Total Stockholder Equity4.6B5.6B8.1B8.1B8.6B9.0B
Property Plant And Equipment Net2.6B3.2B3.6B4.2B5.0B5.3B
Net Debt(480.4M)(1.3B)(3.1B)(2.4B)(2.3B)(2.1B)
Retained Earnings1.8B2.1B2.2B2.5B2.8B2.9B
Accounts Payable678.3M1.1B1.1B1.3B1.8B1.9B
Cash1.2B1.5B3.2B2.5B2.4B2.5B
Non Current Assets Total3.6B4.3B5.0B6.0B6.5B6.8B
Cash And Short Term Investments1.3B1.5B3.2B2.5B2.4B2.5B
Net Receivables993.9M1.1B1.0B982.1M1.3B1.4B
Liabilities And Stockholders Equity6.4B7.5B9.8B10.3B11.3B11.8B
Non Current Liabilities Total777.5M132.5M179.6M191.3M183.5M224.1M
Inventory385.0M489.7M550.0M700.5M718.8M754.7M
Other Current Assets46.6M40.5M61.5M83.4M309.3M324.8M
Other Stockholder Equity1.4B2.1B4.2B3.9B4.0B4.2B
Total Liab1.6B1.6B1.4B1.8B2.3B2.4B
Total Current Assets2.8B3.2B4.9B4.3B4.8B5.0B
Common Stock862.8M1.2B1.2B1.4B1.6B1.7B
Short Long Term Debt Total692.1M219.7M113.7M160.0M163.2M155.1M
Current Deferred Revenue106.0M114.1M116.3M146.8M177.6M94.1M
Short Term Debt9.1M219.7M87.5M132.8M138.3M72.1M
Other Liab94.5M132.5M153.3M164.1M188.7M198.2M
Other Assets17.3M28.4M42.1M1.01.151.09
Intangible Assets277.8M270.2M269.2M304.5M295.5M174.6M
Property Plant Equipment2.6B3.2B3.6B4.2B4.8B5.1B
Non Currrent Assets Other163.5M22.8M136.8M440.6M158.3M156.6M
Net Tangible Assets4.2B5.3B7.7B7.8B8.9B5.0B
Short Term Investments152.5M692.8K(40.3M)(69.4M)279.6M163.5M
Deferred Long Term Liab5.8M8.3M26.6M49.1M56.5M59.3M
Common Stock Shares Outstanding1.1B1.2B1.2B1.4B1.6B1.4B
Net Invested Capital5.3B5.8B8.1B8.3B8.7B7.2B
Short Long Term Debt9.1M219.7M81.8M127.3M135.3M94.8M
Net Working Capital2.0B1.7B3.6B2.7B2.7B2.6B

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Other Information on Investing in Zhejiang Stock

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

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