Sinosun Cost Of Revenue vs Net Income From Continuing Ops Analysis

300333 Stock   14.98  2.33  13.46%   
Sinosun Tech financial indicator trend analysis is much more than just breaking down Sinosun Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinosun Tech is a good investment. Please check the relationship between Sinosun Tech Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sinosun Tech. 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 Income From Continuing Ops

Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinosun Tech Cost Of Revenue account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sinosun Tech's Cost Of Revenue and Net Income From Continuing Ops is -0.23. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Sinosun Tech, assuming nothing else is changed. The correlation between historical values of Sinosun Tech's Cost Of Revenue and Net Income From Continuing Ops 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 Sinosun Tech are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Sinosun Tech's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Sinosun Tech income statement and represents the costs associated with goods and services Sinosun Tech 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 Income From Continuing Ops

Most indicators from Sinosun Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinosun Tech 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 Sinosun Tech. 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 5.5 M. The current year's Tax Provision is expected to grow to about 13.2 M
 2022 2023 2024 2025 (projected)
Gross Profit71.7M81.2M73.1M96.4M
Total Revenue142.4M144.5M166.2M203.3M

Sinosun Tech fundamental ratios Correlations

0.520.661.00.69-0.510.170.110.50.510.380.380.560.42-0.040.780.650.180.820.660.730.560.570.69-0.16-0.22
0.520.830.490.43-0.450.720.280.460.180.20.690.440.120.50.110.490.290.180.830.450.810.310.410.360.11
0.660.830.620.57-0.260.320.40.250.40.220.620.260.230.020.430.690.320.31.00.430.720.510.56-0.1-0.25
1.00.490.620.69-0.520.160.090.510.510.380.360.570.42-0.040.790.630.170.840.620.740.540.560.68-0.16-0.21
0.690.430.570.69-0.040.01-0.180.030.750.480.290.070.25-0.060.760.510.260.320.570.20.570.831.0-0.29-0.33
-0.51-0.45-0.26-0.52-0.04-0.65-0.44-1.00.390.38-0.12-0.990.11-0.4-0.040.010.19-0.68-0.25-0.89-0.230.32-0.02-0.64-0.6
0.170.720.320.160.01-0.650.260.66-0.39-0.130.490.6-0.230.63-0.340.050.170.040.320.510.59-0.24-0.020.850.69
0.110.280.40.09-0.18-0.440.260.44-0.33-0.550.170.39-0.10.12-0.07-0.010.00.250.40.390.14-0.34-0.190.260.25
0.50.460.250.510.03-1.00.660.44-0.39-0.370.120.99-0.110.420.03-0.01-0.190.680.250.890.23-0.320.020.650.61
0.510.180.40.510.750.39-0.39-0.33-0.390.710.21-0.330.59-0.160.770.670.210.150.41-0.210.40.950.76-0.7-0.78
0.380.20.220.380.480.38-0.13-0.55-0.370.710.41-0.290.41-0.070.460.50.420.050.22-0.130.370.690.48-0.41-0.55
0.380.690.620.360.29-0.120.490.170.120.210.410.10.050.280.150.340.760.090.620.270.690.320.280.180.0
0.560.440.260.570.07-0.990.60.390.99-0.33-0.290.1-0.030.390.10.03-0.240.740.250.90.2-0.270.050.590.52
0.420.120.230.420.250.11-0.23-0.1-0.110.590.410.05-0.03-0.080.50.62-0.160.290.240.010.20.450.26-0.5-0.71
-0.040.50.02-0.04-0.06-0.40.630.120.42-0.16-0.070.280.39-0.08-0.37-0.110.02-0.040.020.090.33-0.14-0.060.70.43
0.780.110.430.790.76-0.04-0.34-0.070.030.770.460.150.10.5-0.370.580.130.640.430.280.270.720.77-0.6-0.55
0.650.490.690.630.510.010.05-0.01-0.010.670.50.340.030.62-0.110.580.180.290.690.210.670.680.51-0.42-0.52
0.180.290.320.170.260.190.170.0-0.190.210.420.76-0.24-0.160.020.130.18-0.060.320.040.510.350.25-0.04-0.01
0.820.180.30.840.32-0.680.040.250.680.150.050.090.740.29-0.040.640.29-0.060.30.820.10.120.32-0.04-0.01
0.660.831.00.620.57-0.250.320.40.250.410.220.620.250.240.020.430.690.320.30.430.720.510.56-0.1-0.25
0.730.450.430.740.2-0.890.510.390.89-0.21-0.130.270.90.010.090.280.210.040.820.430.32-0.110.180.370.37
0.560.810.720.540.57-0.230.590.140.230.40.370.690.20.20.330.270.670.510.10.720.320.540.550.160.02
0.570.310.510.560.830.32-0.24-0.34-0.320.950.690.32-0.270.45-0.140.720.680.350.120.51-0.110.540.84-0.6-0.66
0.690.410.560.681.0-0.02-0.02-0.190.020.760.480.280.050.26-0.060.770.510.250.320.560.180.550.84-0.31-0.34
-0.160.36-0.1-0.16-0.29-0.640.850.260.65-0.7-0.410.180.59-0.50.7-0.6-0.42-0.04-0.04-0.10.370.16-0.6-0.310.89
-0.220.11-0.25-0.21-0.33-0.60.690.250.61-0.78-0.550.00.52-0.710.43-0.55-0.52-0.01-0.01-0.250.370.02-0.66-0.340.89
Click cells to compare fundamentals

Sinosun Tech Account Relationship Matchups

Sinosun Tech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets871.6M883.7M728.3M662.5M761.9M781.7M
Other Current Liab53.7M43.2M17.9M312.5K359.3K341.4K
Total Current Liabilities63.7M44.5M21.3M22.5M25.9M36.1M
Total Stockholder Equity804.2M830.7M703.1M634.5M729.7M739.3M
Property Plant And Equipment Net103.6M100.5M98.2M93.3M107.3M86.4M
Net Debt(400.4M)(256.0M)(126.3M)(60.6M)(69.7M)(73.2M)
Retained Earnings45.5M72.1M(55.6M)(124.1M)(111.7M)(106.1M)
Accounts Payable10.0M1.2M260.9K2.8M2.5M3.8M
Cash400.4M256.0M127.5M61.0M54.9M52.1M
Non Current Assets Total367.4M415.2M427.2M428.7M493.0M259.7M
Non Currrent Assets Other1.0M178.4M147.5M64.4M74.1M69.5M
Other Assets115.8M1.079.8M78.7M1.151.09
Cash And Short Term Investments400.4M366.1M208.7M134.9M121.4M115.4M
Net Receivables31.2M31.2M30.0M21.1M24.3M20.6M
Liabilities And Stockholders Equity871.6M883.7M728.3M662.5M761.9M781.7M
Inventory55.3M61.5M39.2M43.6M50.1M47.7M
Other Current Assets17.4M9.7M23.2M26.4M30.4M45.6M
Total Liab63.7M44.5M21.7M22.5M25.9M36.1M
Total Current Assets504.2M468.5M301.1M233.9M268.9M521.9M
Intangible Assets69.0M59.5M8.5M1.6M1.8M1.7M
Property Plant Equipment107.5M103.6M100.5M98.2M112.9M85.3M
Net Tangible Assets767.7M728.3M764.4M687.8M619.0M614.9M
Deferred Long Term Liab33.5M1.0M1.0M979.9K881.9K837.8K
Short Term Investments10M110.1M81.2M74.0M66.6M58.5M
Net Invested Capital804.2M830.7M703.1M634.5M571.1M628.4M
Net Working Capital440.6M424.1M279.8M211.3M190.2M328.7M
Current Deferred Revenue1.4M3.3M2.3M19.1M22.0M23.1M
Property Plant And Equipment Gross134.0M134.0M98.2M134.2M120.8M101.5M
Short Term Debt(1.4M)(3.3M)883.0K343.1K394.6K414.3K

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.

Other Information on Investing in Sinosun Stock

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