Guangdong Ebit vs Selling General Administrative Analysis

300562 Stock   12.71  0.13  1.01%   
Guangdong Transtek financial indicator trend analysis is much more than just examining Guangdong Transtek latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Transtek is a good investment. Please check the relationship between Guangdong Transtek Ebit and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Transtek Medical. 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.

Ebit vs Selling General Administrative

Ebit vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Transtek Ebit account and Selling General Administrative. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Guangdong Transtek's Ebit and Selling General Administrative is -0.52. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Guangdong Transtek Medical, assuming nothing else is changed. The correlation between historical values of Guangdong Transtek's Ebit 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 Ebit of Guangdong Transtek Medical 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 Ebit i.e., Guangdong Transtek's Ebit and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ebit

Selling General Administrative

Most indicators from Guangdong Transtek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Transtek 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 Guangdong Transtek Medical. 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 3.1 M, whereas Selling General Administrative is forecasted to decline to about 16.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit252.4M273.6M314.6M222.1M
Total Revenue1.1B884.3M1.0B882.1M

Guangdong Transtek fundamental ratios Correlations

-0.540.950.90.99-0.890.930.830.820.920.66-0.080.850.920.60.790.80.120.810.961.00.950.930.910.940.97
-0.54-0.6-0.53-0.50.5-0.32-0.54-0.55-0.61-0.290.6-0.57-0.5-0.4-0.68-0.430.35-0.5-0.61-0.52-0.48-0.44-0.59-0.49-0.55
0.95-0.60.810.96-0.780.910.960.70.870.64-0.090.730.970.690.670.920.210.671.00.950.90.890.850.860.86
0.9-0.530.810.89-0.960.830.670.970.980.59-0.120.980.780.430.920.650.020.960.820.90.860.840.990.910.91
0.99-0.50.960.89-0.870.930.860.790.920.68-0.030.820.940.620.760.840.190.790.970.990.940.930.90.940.95
-0.890.5-0.78-0.96-0.87-0.83-0.62-0.96-0.92-0.490.2-0.97-0.73-0.38-0.89-0.610.1-0.94-0.79-0.89-0.86-0.79-0.94-0.84-0.92
0.93-0.320.910.830.93-0.830.840.740.850.610.140.760.880.560.610.810.280.690.910.930.880.910.840.880.84
0.83-0.540.960.670.86-0.620.840.530.760.63-0.040.570.960.750.490.970.280.490.940.840.780.790.720.720.69
0.82-0.550.70.970.79-0.960.740.530.930.42-0.230.990.640.260.940.5-0.120.960.720.810.80.740.950.830.87
0.92-0.610.870.980.92-0.920.850.760.930.63-0.120.950.840.50.90.720.080.910.880.920.890.881.00.930.91
0.66-0.290.640.590.68-0.490.610.630.420.630.360.510.730.890.390.540.060.490.640.650.60.750.570.690.61
-0.080.6-0.09-0.12-0.030.20.14-0.04-0.23-0.120.36-0.22-0.010.14-0.43-0.050.59-0.25-0.11-0.09-0.110.23-0.150.1-0.14
0.85-0.570.730.980.82-0.970.760.570.990.950.51-0.220.690.360.950.54-0.140.970.760.850.820.770.970.850.89
0.92-0.50.970.780.94-0.730.880.960.640.840.73-0.010.690.740.610.930.240.650.960.930.860.860.810.830.82
0.6-0.40.690.430.62-0.380.560.750.260.50.890.140.360.740.260.66-0.050.30.670.60.570.610.440.510.49
0.79-0.680.670.920.76-0.890.610.490.940.90.39-0.430.950.610.260.47-0.190.950.70.780.780.660.920.780.85
0.8-0.430.920.650.84-0.610.810.970.50.720.54-0.050.540.930.660.470.370.490.910.820.760.720.690.660.66
0.120.350.210.020.190.10.280.28-0.120.080.060.59-0.140.24-0.05-0.190.37-0.140.180.110.080.290.060.210.0
0.81-0.50.670.960.79-0.940.690.490.960.910.49-0.250.970.650.30.950.49-0.140.690.810.790.70.940.810.89
0.96-0.611.00.820.97-0.790.910.940.720.880.64-0.110.760.960.670.70.910.180.690.960.920.90.860.880.88
1.0-0.520.950.90.99-0.890.930.840.810.920.65-0.090.850.930.60.780.820.110.810.960.950.920.910.930.96
0.95-0.480.90.860.94-0.860.880.780.80.890.6-0.110.820.860.570.780.760.080.790.920.950.870.880.880.91
0.93-0.440.890.840.93-0.790.910.790.740.880.750.230.770.860.610.660.720.290.70.90.920.870.850.970.88
0.91-0.590.850.990.9-0.940.840.720.951.00.57-0.150.970.810.440.920.690.060.940.860.910.880.850.920.91
0.94-0.490.860.910.94-0.840.880.720.830.930.690.10.850.830.510.780.660.210.810.880.930.880.970.920.94
0.97-0.550.860.910.95-0.920.840.690.870.910.61-0.140.890.820.490.850.660.00.890.880.960.910.880.910.94
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Guangdong Transtek Account Relationship Matchups

Guangdong Transtek fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.8B1.5B1.6B1.8B904.3M
Other Current Liab817.9K1.6M1.1M620.7K558.7K530.7K
Total Current Liabilities713.8M711.3M501.3M489.5M562.9M338.7M
Total Stockholder Equity653.6M1.1B1.0B1.0B1.2B1.3B
Property Plant And Equipment Net246.8M318.8M267.1M247.5M284.6M155.3M
Net Debt(286.2M)(398.5M)(451.1M)(531.5M)(478.3M)(454.4M)
Retained Earnings273.5M237.8M203.5M234.3M269.5M165.9M
Accounts Payable577.2M546.3M258.6M257.2M295.8M235.6M
Cash327.1M436.0M595.3M666.5M766.4M804.8M
Non Current Assets Total455.3M603.6M562.1M557.1M640.7M672.7M
Non Currrent Assets Other8.2M111.0M68.8M34.2M39.4M38.5M
Cash And Short Term Investments327.1M536.5M654.9M677.7M779.3M818.3M
Net Receivables316.7M426.4M215.1M226.1M260.0M183.3M
Short Term Investments39.1M100.5M59.5M11.2M12.9M12.2M
Liabilities And Stockholders Equity1.4B1.8B1.5B1.6B1.8B904.3M
Non Current Liabilities Total14.3M35.7M47.1M42.8M49.3M51.7M
Inventory226.0M208.8M111.2M86.6M99.6M95.4M
Other Current Assets57.9M19.2M4.0M9.0M10.4M9.9M
Other Stockholder Equity131.7M498.4M501.4M499.2M574.0M602.7M
Total Liab728.0M747.1M548.5M532.3M612.2M351.3M
Total Current Assets927.7M1.2B985.1M999.4M1.1B603.8M
Intangible Assets64.1M74.9M78.7M66.4M76.4M48.8M
Common Stock190.2M214.5M214.7M216.9M249.4M140.1M
Property Plant Equipment149.7M163.9M246.8M318.8M366.6M384.9M
Common Stock Shares Outstanding188.8M189.6M214.3M214.7M246.9M192.3M
Net Tangible Assets465.0M504.4M583.7M963.9M1.1B570.8M
Deferred Long Term Liab10.7M13.6M28.2M15.5M17.8M15.2M
Short Long Term Debt Total40.9M37.5M144.2M135.0M155.2M163.0M
Other Liab778.3K3.0M14.3M22.9M26.3M27.7M
Current Deferred Revenue94.9M138.8M102.8M103.5M119.1M86.9M
Good Will18.6M25.8M21.0M17.6M15.8M16.2M
Net Invested Capital694.4M1.1B1.1B1.2B1.3B906.9M
Short Long Term Debt40.9M16.6M133.1M123.8M142.3M149.5M
Net Working Capital214.0M479.6M483.8M509.9M586.4M377.2M
Short Term Debt40.9M24.6M138.8M128.2M147.4M154.8M
Capital Stock190.2M214.5M214.7M216.9M249.4M222.7M
Property Plant And Equipment Gross301.1M381.6M356.3M247.5M284.6M328.6M
Accumulated Other Comprehensive Income58.1M104.2M92.5M90.2M103.8M84.4M

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Other Information on Investing in Guangdong Stock

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