Zhonghang Cost Of Revenue vs Selling General Administrative Analysis

300114 Stock   68.53  0.57  0.84%   
Zhonghang Electronic financial indicator trend analysis is more than just analyzing Zhonghang Electronic current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhonghang Electronic is a good investment. Please check the relationship between Zhonghang Electronic Cost Of Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhonghang Electronic Measuring. 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.

Cost Of Revenue vs Selling General Administrative

Cost Of Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhonghang Electronic Cost Of Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Zhonghang Electronic's Cost Of Revenue and Selling General Administrative is 0.12. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Zhonghang Electronic Measuring, assuming nothing else is changed. The correlation between historical values of Zhonghang Electronic's Cost Of Revenue and Selling General Administrative 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 Zhonghang Electronic Measuring are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Zhonghang Electronic's Cost Of Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Zhonghang Electronic income statement and represents the costs associated with goods and services Zhonghang Electronic 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.

Selling General Administrative

Most indicators from Zhonghang Electronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhonghang Electronic 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 Zhonghang Electronic Measuring. 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 Selling General Administrative is expected to grow to about 142.9 M, whereas Tax Provision is projected to grow to (5.1 M).
 2022 2023 2024 2025 (projected)
Operating Income209.3M78.8M90.7M135.3M
Total Revenue1.9B1.7B1.9B1.1B

Zhonghang Electronic fundamental ratios Correlations

0.180.981.0-0.580.960.980.460.930.980.98-0.020.990.950.880.970.8-0.630.880.920.630.770.90.820.20.8
0.180.240.220.230.340.130.710.040.180.30.060.090.140.470.24-0.30.110.130.110.310.260.13-0.230.42-0.3
0.980.240.97-0.620.980.990.450.930.980.99-0.090.980.940.90.940.73-0.570.920.960.650.810.930.820.250.73
1.00.220.97-0.540.960.970.510.910.980.980.00.970.940.90.970.75-0.60.870.910.640.770.880.790.210.76
-0.580.23-0.62-0.54-0.55-0.650.11-0.71-0.63-0.580.35-0.64-0.69-0.36-0.53-0.560.25-0.73-0.66-0.27-0.43-0.73-0.81-0.03-0.56
0.960.340.980.96-0.550.960.520.890.970.98-0.060.940.920.930.930.65-0.510.910.940.690.850.910.760.30.65
0.980.130.990.97-0.650.960.370.950.970.98-0.050.990.950.850.930.78-0.60.920.980.610.810.930.850.250.78
0.460.710.450.510.110.520.370.240.380.480.240.370.330.670.430.1-0.060.40.320.450.50.420.160.480.1
0.930.040.930.91-0.710.890.950.240.920.92-0.10.930.90.750.90.76-0.590.890.950.520.730.90.850.20.77
0.980.180.980.98-0.630.970.970.380.920.97-0.10.960.940.880.970.74-0.580.890.920.680.780.890.820.10.74
0.980.30.990.98-0.580.980.980.480.920.970.00.960.950.880.960.69-0.540.90.940.620.80.910.780.290.69
-0.020.06-0.090.00.35-0.06-0.050.24-0.1-0.10.0-0.05-0.06-0.13-0.080.06-0.07-0.08-0.03-0.170.0-0.05-0.070.20.06
0.990.090.980.97-0.640.940.990.370.930.960.96-0.050.930.840.930.85-0.670.890.940.610.760.910.860.170.86
0.950.140.940.94-0.690.920.950.330.90.940.95-0.060.930.760.910.73-0.570.860.910.460.680.870.810.260.73
0.880.470.90.9-0.360.930.850.670.750.880.88-0.130.840.760.870.54-0.430.80.790.840.850.80.610.260.54
0.970.240.940.97-0.530.930.930.430.90.970.96-0.080.930.910.870.71-0.580.820.850.630.720.820.760.080.72
0.8-0.30.730.75-0.560.650.780.10.760.740.690.060.850.730.540.71-0.790.640.710.380.460.680.79-0.051.0
-0.630.11-0.57-0.60.25-0.51-0.6-0.06-0.59-0.58-0.54-0.07-0.67-0.57-0.43-0.58-0.79-0.34-0.52-0.24-0.21-0.38-0.390.04-0.79
0.880.130.920.87-0.730.910.920.40.890.890.9-0.080.890.860.80.820.64-0.340.940.640.90.990.910.290.64
0.920.110.960.91-0.660.940.980.320.950.920.94-0.030.940.910.790.850.71-0.520.940.570.830.940.840.320.72
0.630.310.650.64-0.270.690.610.450.520.680.62-0.170.610.460.840.630.38-0.240.640.570.790.620.49-0.070.38
0.770.260.810.77-0.430.850.810.50.730.780.80.00.760.680.850.720.46-0.210.90.830.790.880.740.330.47
0.90.130.930.88-0.730.910.930.420.90.890.91-0.050.910.870.80.820.68-0.380.990.940.620.880.920.310.68
0.82-0.230.820.79-0.810.760.850.160.850.820.78-0.070.860.810.610.760.79-0.390.910.840.490.740.920.060.8
0.20.420.250.21-0.030.30.250.480.20.10.290.20.170.260.260.08-0.050.040.290.32-0.070.330.310.06-0.07
0.8-0.30.730.76-0.560.650.780.10.770.740.690.060.860.730.540.721.0-0.790.640.720.380.470.680.8-0.07
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Zhonghang Electronic Account Relationship Matchups

Zhonghang Electronic fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.9B3.3B3.7B4.0B4.6B4.8B
Other Current Liab307.8M302.1M86.6M76.2M87.7M159.9M
Total Current Liabilities933.0M1.1B1.2B1.1B1.3B1.4B
Total Stockholder Equity1.9B2.1B2.3B2.4B2.7B2.9B
Other Liab33.7M35.9M25.5M13.2M11.8M22.0M
Retained Earnings1.2B1.5B1.3B1.3B1.5B1.6B
Accounts Payable567.8M652.4M747.2M747.6M859.7M902.7M
Cash719.7M433.5M330.5M461.3M530.5M417.7M
Other Assets25.6M31.0M56.2M83.2M95.7M100.5M
Net Receivables576.3M1.0B983.3M968.9M1.1B1.2B
Inventory593.5M691.8M661.1M664.7M764.4M802.6M
Other Current Assets38.3M28.4M13.3M32.2M37.0M30.7M
Total Liab958.5M1.1B1.3B1.5B1.8B1.9B
Intangible Assets150.5M188.1M185.7M185.2M213.0M223.6M
Property Plant Equipment467.7M473.1M467.3M656.1M754.5M792.2M
Net Tangible Assets1.4B1.5B1.7B1.9B2.2B1.6B
Other Stockholder Equity(2.2M)2.8M8.9M12.1M14.0M14.7M
Deferred Long Term Liab3.8M3.2M1.3M2.7M3.1M2.5M
Total Current Assets2.0B2.2B2.2B2.3B2.7B1.9B
Non Current Assets Total885.0M1.1B1.4B1.6B1.9B1.1B
Non Currrent Assets Other486.3M61.0M16.3M32.1M36.9M35.1M
Non Current Liabilities Total25.5M31.9M126.5M410.9M472.5M496.1M
Net Invested Capital1.9B2.1B2.5B2.8B3.3B2.2B
Net Working Capital1.1B1.1B1.0B1.2B1.4B1.1B
Property Plant And Equipment Net467.3M656.1M935.4M1.1B1.2B792.5M
Property Plant And Equipment Gross801.3M1.0B1.3B1.1B1.2B1.1B

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Other Information on Investing in Zhonghang Stock

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