China Gross Profit vs Total Operating Expenses Analysis

002939 Stock   7.53  0.08  1.05%   
China Great financial indicator trend analysis is way more than just evaluating China Great Wall prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Great Wall is a good investment. Please check the relationship between China Great 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 China Great Wall. 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 China Great Wall Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between China Great's Gross Profit and Total Operating Expenses is -0.01. 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 China Great Wall, assuming nothing else is changed. The correlation between historical values of China Great'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 China Great Wall 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., China Great's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of China Great Wall minus its cost of goods sold. It is profit before China Great 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 China Great's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Great Wall 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 China Great Wall. 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 Tax Provision is expected to grow to about 129.3 M, whereas Selling General Administrative is forecasted to decline to about 2 B.
 2024 2025 (projected)
Gross Profit1.1B1.3B
Total Revenue3.8B4.4B

China Great fundamental ratios Correlations

0.98-0.670.750.980.86-0.480.990.750.980.980.44-0.10.980.360.880.891.00.980.970.81-0.650.1-0.650.830.66
0.98-0.650.730.950.89-0.350.960.730.950.980.55-0.150.950.30.90.840.980.950.970.75-0.64-0.04-0.620.850.68
-0.67-0.65-0.92-0.65-0.590.35-0.62-0.92-0.67-0.68-0.320.23-0.66-0.17-0.65-0.73-0.68-0.65-0.69-0.460.52-0.120.27-0.58-0.53
0.750.73-0.920.760.64-0.290.721.00.720.790.17-0.250.710.370.750.870.750.710.790.51-0.70.1-0.430.610.62
0.980.95-0.650.760.79-0.50.990.760.950.970.33-0.140.960.430.820.930.970.960.970.86-0.630.11-0.720.830.69
0.860.89-0.590.640.79-0.20.830.640.810.860.57-0.140.820.030.780.670.870.820.80.58-0.61-0.11-0.350.780.48
-0.48-0.350.35-0.29-0.5-0.2-0.48-0.29-0.64-0.340.110.06-0.61-0.39-0.26-0.38-0.47-0.62-0.43-0.550.02-0.510.45-0.24-0.26
0.990.96-0.620.720.990.83-0.480.720.960.970.36-0.070.970.440.860.890.990.970.970.84-0.610.11-0.690.820.71
0.750.73-0.921.00.760.64-0.290.720.720.790.17-0.250.710.370.750.870.750.710.790.51-0.70.1-0.430.610.62
0.980.95-0.670.720.950.81-0.640.960.720.930.41-0.151.00.380.840.830.981.00.950.81-0.560.16-0.660.780.64
0.980.98-0.680.790.970.86-0.340.970.790.930.44-0.150.930.340.890.920.980.930.970.78-0.70.01-0.640.850.68
0.440.55-0.320.170.330.570.110.360.170.410.44-0.030.42-0.460.460.170.460.410.410.17-0.29-0.3-0.040.50.13
-0.1-0.150.23-0.25-0.14-0.140.06-0.07-0.25-0.15-0.15-0.03-0.17-0.09-0.18-0.18-0.08-0.17-0.2-0.110.080.620.19-0.14-0.2
0.980.95-0.660.710.960.82-0.610.970.711.00.930.42-0.170.360.850.840.981.00.950.81-0.570.11-0.650.780.64
0.360.3-0.170.370.430.03-0.390.440.370.380.34-0.46-0.090.360.330.450.330.370.460.51-0.050.14-0.660.260.65
0.880.9-0.650.750.820.78-0.260.860.750.840.890.46-0.180.850.330.810.890.850.910.6-0.68-0.01-0.550.660.61
0.890.84-0.730.870.930.67-0.380.890.870.830.920.17-0.180.840.450.810.880.840.890.75-0.720.16-0.60.730.6
1.00.98-0.680.750.970.87-0.470.990.750.980.980.46-0.080.980.330.890.880.980.970.79-0.650.1-0.630.830.65
0.980.95-0.650.710.960.82-0.620.970.711.00.930.41-0.171.00.370.850.840.980.950.81-0.570.11-0.650.780.64
0.970.97-0.690.790.970.8-0.430.970.790.950.970.41-0.20.950.460.910.890.970.950.78-0.650.0-0.750.80.76
0.810.75-0.460.510.860.58-0.550.840.510.810.780.17-0.110.810.510.60.750.790.810.78-0.210.14-0.690.860.68
-0.65-0.640.52-0.7-0.63-0.610.02-0.61-0.7-0.56-0.7-0.290.08-0.57-0.05-0.68-0.72-0.65-0.57-0.65-0.21-0.060.27-0.34-0.33
0.1-0.04-0.120.10.11-0.11-0.510.110.10.160.01-0.30.620.110.14-0.010.160.10.110.00.14-0.060.0-0.1-0.14
-0.65-0.620.27-0.43-0.72-0.350.45-0.69-0.43-0.66-0.64-0.040.19-0.65-0.66-0.55-0.6-0.63-0.65-0.75-0.690.270.0-0.51-0.66
0.830.85-0.580.610.830.78-0.240.820.610.780.850.5-0.140.780.260.660.730.830.780.80.86-0.34-0.1-0.510.61
0.660.68-0.530.620.690.48-0.260.710.620.640.680.13-0.20.640.650.610.60.650.640.760.68-0.33-0.14-0.660.61
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China Great Account Relationship Matchups

China Great fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets72.2B92.7B100.2B115.6B133.0B139.6B
Short Long Term Debt Total23.0B31.8B30.6B38.5B44.3B46.5B
Other Current Liab(346.0M)(409.0M)(596.6M)(1.5B)(1.3B)(1.3B)
Total Current Liabilities346.0M409.0M596.6M1.5B1.7B1.8B
Total Stockholder Equity18.1B19.6B27.6B28.6B32.9B34.5B
Property Plant And Equipment Net165.6M567.9M462.0M480.6M552.7M580.3M
Net Debt(17.3B)(19.8B)(18.9B)(14.3B)(12.8B)(13.5B)
Retained Earnings3.0B3.9B4.1B4.7B5.5B5.7B
Accounts Payable346.0M409.0M596.6M1.5B1.7B1.8B
Cash40.4B51.6B49.4B52.8B60.7B63.7B
Non Current Assets Total27.4B37.5B46.4B60.4B69.5B73.0B
Non Currrent Assets Other(228.9M)(164.7M)(377.0M)(298.3M)(268.4M)(281.9M)
Other Assets3.7B3.2B4.1B2.0B2.3B2.9B
Cash And Short Term Investments40.4B51.6B49.4B52.8B60.7B63.7B
Net Receivables729.3M360.5M311.5M464.1M533.7M341.1M
Liabilities And Stockholders Equity72.2B92.7B100.2B115.6B133.0B139.6B
Non Current Liabilities Total23.0B31.8B596.6M38.5B44.3B46.5B
Other Stockholder Equity9.2B5.3B11.7B19.8B22.8B23.9B
Total Liab53.7B72.6B72.2B86.6B99.6B104.5B
Total Current Assets41.1B52.0B49.8B53.2B61.2B64.3B
Intangible Assets88.4M92.4M90.8M115.2M132.5M139.2M
Other Liab466.8M981.5M1.3B1.1B980.7M916.2M
Net Tangible Assets16.8B18.0B19.5B27.5B31.6B19.3B
Other Current Assets(21.1B)(26.6B)(23.9B)(26.2B)(23.5B)(22.4B)
Deferred Long Term Liab82.8M73.6M59.7M44.1M50.8M62.3M
Long Term Investments27.1B36.8B45.9B59.8B68.8B72.2B
Property Plant Equipment173.0M165.6M567.9M462.0M531.3M281.6M
Net Invested Capital41.1B44.9B57.8B66.7B76.7B45.5B
Short Term Debt15.8B22.0B24.5B29.3B33.7B19.9B
Current Deferred Revenue(15.4B)(21.6B)(23.9B)(27.9B)(25.1B)(26.3B)
Inventory21.1B26.6B23.9B26.2B30.1B24.4B
Property Plant And Equipment Gross464.5M871.3M462.0M833.9M959.0M679.7M
Accumulated Other Comprehensive Income2.8B3.3B3.6B(43.2M)(38.9M)(37.0M)

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Other Information on Investing in China Stock

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