Shenzhen Gross Profit vs Total Operating Expenses Analysis

002813 Stock

24.43 0.05 0.21%

Shenzhen RoadRover financial indicator trend analysis is much more than just breaking down Shenzhen RoadRover prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen RoadRover is a good investment. Please check the relationship between Shenzhen RoadRover 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 RoadRover Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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 RoadRover Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shenzhen RoadRover's Gross Profit and Total Operating Expenses is 0.7. 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 RoadRover Technology, assuming nothing else is changed. The correlation between historical values of Shenzhen RoadRover'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 RoadRover Technology 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 RoadRover's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Shenzhen RoadRover Technology minus its cost of goods sold. It is profit before Shenzhen RoadRover 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 RoadRover's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen RoadRover 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 RoadRover Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

The current year's Tax Provision is expected to grow to about 14.9 M, whereas Selling General Administrative is forecasted to decline to about 19.2 M.

	2022	2023	2024	2025 (projected)
Cost Of Revenue	273.9M	220.2M	198.2M	188.3M
Research Development	15.1M	30.9M	27.8M	33.3M

Cost Of Revenue Research Development

Shenzhen RoadRover fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.2	0.94	0.8	0.48	0.69	0.9	0.65	0.49	0.88	0.88	0.8	0.94	0.75	0.37	0.56	-0.15	0.76	-0.08	0.78	0.88	0.88	0.13	0.39	0.68	0.0
Other Current Liab	-0.2		0.01	-0.57	0.1	0.24	0.0	0.28	-0.41	-0.11	0.13	0.19	0.04	0.11	-0.78	-0.35	-0.59	-0.02	-0.46	0.09	-0.16	0.12	-0.68	0.59	0.35	0.61
Total Current Liabilities	0.94	0.01		0.58	0.39	0.65	0.96	0.65	0.43	0.91	0.92	0.82	0.99	0.7	0.17	0.36	-0.27	0.67	-0.11	0.87	0.92	0.96	0.07	0.48	0.75	0.15
Total Stockholder Equity	0.8	-0.57	0.58		0.39	0.56	0.51	0.38	0.49	0.62	0.57	0.48	0.57	0.58	0.66	0.64	0.24	0.74	0.04	0.47	0.65	0.55	0.36	0.03	0.39	-0.4
Other Liab	0.48	0.1	0.39	0.39		0.64	0.47	0.65	-0.04	0.15	0.48	0.72	0.46	0.83	0.16	0.72	-0.5	0.37	-0.53	0.09	0.09	0.3	-0.48	0.61	0.45	0.5
Retained Earnings	0.69	0.24	0.65	0.56	0.64		0.59	0.83	0.07	0.49	0.83	0.72	0.66	0.83	-0.15	0.46	-0.47	0.85	-0.55	0.51	0.52	0.72	-0.41	0.77	0.87	0.27
Accounts Payable	0.9	0.0	0.96	0.51	0.47	0.59		0.64	0.29	0.85	0.87	0.79	0.97	0.67	0.18	0.46	-0.32	0.56	-0.12	0.75	0.82	0.89	0.01	0.5	0.64	0.32
Cash	0.65	0.28	0.65	0.38	0.65	0.83	0.64		0.09	0.38	0.83	0.73	0.67	0.88	-0.22	0.36	-0.56	0.69	-0.5	0.38	0.47	0.69	-0.56	0.89	0.89	0.48
Other Assets	0.49	-0.41	0.43	0.49	-0.04	0.07	0.29	0.09		0.4	0.31	0.37	0.42	0.21	0.51	-0.03	0.31	0.31	0.09	0.38	0.53	0.33	0.53	-0.17	0.24	-0.54
Net Receivables	0.88	-0.11	0.91	0.62	0.15	0.49	0.85	0.38	0.4		0.76	0.65	0.88	0.48	0.31	0.27	-0.05	0.64	0.08	0.94	0.95	0.91	0.32	0.2	0.55	-0.08
Inventory	0.88	0.13	0.92	0.57	0.48	0.83	0.87	0.83	0.31	0.76		0.81	0.91	0.81	-0.01	0.32	-0.42	0.83	-0.33	0.75	0.83	0.95	-0.17	0.71	0.92	0.23
Other Current Assets	0.8	0.19	0.82	0.48	0.72	0.72	0.79	0.73	0.37	0.65	0.81		0.85	0.89	0.17	0.38	-0.47	0.62	-0.38	0.68	0.64	0.78	-0.2	0.63	0.76	0.29
Total Liab	0.94	0.04	0.99	0.57	0.46	0.66	0.97	0.67	0.42	0.88	0.91	0.85		0.73	0.18	0.42	-0.3	0.64	-0.14	0.83	0.87	0.93	0.02	0.51	0.74	0.21
Intangible Assets	0.75	0.11	0.7	0.58	0.83	0.83	0.67	0.88	0.21	0.48	0.81	0.89	0.73		0.13	0.54	-0.45	0.7	-0.42	0.47	0.51	0.68	-0.38	0.72	0.8	0.3
Common Stock	0.37	-0.78	0.17	0.66	0.16	-0.15	0.18	-0.22	0.51	0.31	-0.01	0.17	0.18	0.13		0.44	0.61	0.07	0.38	0.11	0.27	0.04	0.72	-0.55	-0.26	-0.57
Property Plant Equipment	0.56	-0.35	0.36	0.64	0.72	0.46	0.46	0.36	-0.03	0.27	0.32	0.38	0.42	0.54	0.44		-0.08	0.28	-0.02	0.08	0.16	0.21	-0.09	0.17	0.12	0.18
Short Term Investments	-0.15	-0.59	-0.27	0.24	-0.5	-0.47	-0.32	-0.56	0.31	-0.05	-0.42	-0.47	-0.3	-0.45	0.61	-0.08		-0.19	0.56	-0.2	-0.02	-0.3	0.78	-0.81	-0.53	-0.78
Net Tangible Assets	0.76	-0.02	0.67	0.74	0.37	0.85	0.56	0.69	0.31	0.64	0.83	0.62	0.64	0.7	0.07	0.28	-0.19		-0.32	0.63	0.72	0.79	-0.08	0.52	0.8	-0.07
Other Stockholder Equity	-0.08	-0.46	-0.11	0.04	-0.53	-0.55	-0.12	-0.5	0.09	0.08	-0.33	-0.38	-0.14	-0.42	0.38	-0.02	0.56	-0.32		0.03	0.04	-0.18	0.5	-0.66	-0.53	-0.45
Deferred Long Term Liab	0.78	0.09	0.87	0.47	0.09	0.51	0.75	0.38	0.38	0.94	0.75	0.68	0.83	0.47	0.11	0.08	-0.2	0.63	0.03		0.92	0.9	0.21	0.28	0.64	-0.07
Short Long Term Debt	0.88	-0.16	0.92	0.65	0.09	0.52	0.82	0.47	0.53	0.95	0.83	0.64	0.87	0.51	0.27	0.16	-0.02	0.72	0.04	0.92		0.93	0.34	0.25	0.66	-0.18
Total Current Assets	0.88	0.12	0.96	0.55	0.3	0.72	0.89	0.69	0.33	0.91	0.95	0.78	0.93	0.68	0.04	0.21	-0.3	0.79	-0.18	0.9	0.93		0.0	0.55	0.83	0.14
Short Term Debt	0.13	-0.68	0.07	0.36	-0.48	-0.41	0.01	-0.56	0.53	0.32	-0.17	-0.2	0.02	-0.38	0.72	-0.09	0.78	-0.08	0.5	0.21	0.34	0.0		-0.79	-0.37	-0.81
Non Current Assets Total	0.39	0.59	0.48	0.03	0.61	0.77	0.5	0.89	-0.17	0.2	0.71	0.63	0.51	0.72	-0.55	0.17	-0.81	0.52	-0.66	0.28	0.25	0.55	-0.79		0.83	0.72
Non Currrent Assets Other	0.68	0.35	0.75	0.39	0.45	0.87	0.64	0.89	0.24	0.55	0.92	0.76	0.74	0.8	-0.26	0.12	-0.53	0.8	-0.53	0.64	0.66	0.83	-0.37	0.83		0.26
Non Current Liabilities Total	0.0	0.61	0.15	-0.4	0.5	0.27	0.32	0.48	-0.54	-0.08	0.23	0.29	0.21	0.3	-0.57	0.18	-0.78	-0.07	-0.45	-0.07	-0.18	0.14	-0.81	0.72	0.26

Click cells to compare fundamentals

Shenzhen RoadRover Account Relationship Matchups

Shenzhen RoadRover fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	540.5M	589.3M	551.3M	511.4M	460.2M	705.3M
Other Current Liab	37.5M	71.5M	68.5M	23.3M	21.0M	20.0M
Total Current Liabilities	130.7M	174.5M	144.5M	133.3M	119.9M	113.9M
Total Stockholder Equity	382.7M	387.6M	392.0M	364.7M	419.4M	460.6M
Other Liab	13.2M	18.5M	15.5M	5.7M	5.2M	4.9M
Retained Earnings	57.9M	63.1M	66.4M	(5.7M)	(5.1M)	(4.9M)
Accounts Payable	74.0M	71.7M	48.8M	45.8M	41.2M	39.2M
Cash	39.9M	79.4M	77.4M	61.2M	55.1M	108.1M
Other Assets	186.0M	96.2M	129.4M	122.4M	140.8M	122.1M
Net Receivables	64.5M	134.2M	49.2M	44.6M	51.3M	48.7M
Inventory	63.5M	38.4M	45.6M	52.1M	46.9M	44.5M
Other Current Assets	10.0M	7.4M	8.1M	4.3M	3.9M	3.7M
Total Liab	158.6M	202.5M	160.3M	147.6M	132.8M	126.2M
Intangible Assets	98.4K	1.3M	1.1M	1.3M	1.2M	1.1M
Property Plant Equipment	236.4M	163.1M	164.3M	144.8M	166.5M	236.6M
Short Term Investments	10.3M	40.2M	50.4M	40.5M	46.5M	26.9M
Net Tangible Assets	668.4M	305.3M	382.6M	386.3M	347.7M	392.2M
Other Stockholder Equity	871.1K	6.4K	(349.1K)	753.7K	866.7K	910.0K
Deferred Long Term Liab	24.9M	8.5M	4.4M	3.3M	2.9M	2.8M
Short Long Term Debt	5.0M	10.0M	10.0M	19.8M	17.8M	16.9M
Total Current Assets	243.7M	299.7M	285.1M	252.8M	227.6M	216.2M
Non Current Assets Total	296.8M	289.7M	266.2M	258.5M	232.7M	285.8M
Non Currrent Assets Other	624.0K	1.2M	600K	229K	206.1K	195.8K
Non Current Liabilities Total	27.8M	28.1M	15.8M	14.3M	12.9M	24.4M
Non Current Liabilities Other	5.8M	7.8M	3.5M	2.1M	1.9M	1.8M
Net Invested Capital	397.1M	397.6M	402.0M	384.5M	346.1M	509.6M
Net Working Capital	113.0M	125.2M	140.7M	119.6M	107.6M	111.2M
Property Plant And Equipment Net	163.2M	164.3M	144.8M	190.4M	171.3M	143.9M
Property Plant And Equipment Gross	251.3M	265.1M	144.8M	324.7M	292.2M	209.8M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
CRM	Salesforce
CRM	Salesforce

Other Information on Investing in Shenzhen Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Shenzhen Gross Profit vs Total Operating Expenses Analysis

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

Correlation Coefficient

Gross Profit

Total Operating Expenses

Shenzhen RoadRover fundamental ratios Correlations

Shenzhen RoadRover Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shenzhen RoadRover fundamental ratios Accounts

Also Currently Popular

Other Information on Investing in Shenzhen Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Total Liab	+ 0.97	Accounts Payable
Accounts Payable	+ 0.96	Total Current Liabilities
Total Current Assets	+ 0.96	Total Current Liabilities
Short Long Term Debt	+ 0.95	Net Receivables
Total Current Assets	+ 0.95	Inventory

Non Current Liabilities Total	- 0.81	Short Term Debt
Non Current Assets Total	- 0.81	Short Term Investments
Non Current Assets Total	- 0.79	Short Term Debt
Non Current Liabilities Total	- 0.78	Short Term Investments
Common Stock	- 0.78	Other Current Liab
Short Term Debt	- 0.68	Other Current Liab