Chengdu Cost Of Revenue vs Income Tax Expense Analysis

600353 Stock

6.70 0.06 0.89%

Chengdu Xuguang financial indicator trend analysis is way more than just evaluating Chengdu Xuguang Elec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu Xuguang Elec is a good investment. Please check the relationship between Chengdu Xuguang Cost Of Revenue and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chengdu Xuguang Electronics. 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 Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chengdu Xuguang Elec Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Chengdu Xuguang's Cost Of Revenue and Income Tax Expense is -0.03. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Chengdu Xuguang Electronics, assuming nothing else is changed. The correlation between historical values of Chengdu Xuguang's Cost Of Revenue and Income Tax Expense 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 Chengdu Xuguang Electronics are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost Of Revenue i.e., Chengdu Xuguang's Cost Of Revenue and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Chengdu Xuguang Elec income statement and represents the costs associated with goods and services Chengdu Xuguang 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.

Income Tax Expense

Most indicators from Chengdu Xuguang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu Xuguang Elec 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 Chengdu Xuguang Electronics. 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 49.9 M, whereas Tax Provision is forecasted to decline to about 11.6 M.

	2022	2023	2024	2025 (projected)
Operating Income	120.4M	169.9M	195.4M	205.2M
Total Revenue	1.1B	1.3B	1.5B	1.6B

Operating Income Total Revenue

Chengdu Xuguang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Net Tangible Assets	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets
Total Assets		0.39	0.98	0.98	0.96	0.92	0.93	0.17	0.96	0.74	0.9	0.96	-0.05	0.97	0.96	0.86	0.98	0.89	0.1	0.81	0.56	0.83	0.86	0.91	0.94	0.81
Other Current Liab	0.39		0.4	0.39	0.46	0.44	0.19	0.28	0.47	0.35	0.27	0.32	0.33	0.39	0.31	0.29	0.43	0.44	-0.2	0.49	0.44	0.44	0.08	0.35	0.33	0.45
Total Current Liabilities	0.98	0.4		0.93	0.95	0.91	0.94	0.13	0.96	0.73	0.91	0.96	-0.14	0.99	0.97	0.83	0.97	0.88	0.16	0.81	0.65	0.84	0.85	0.91	0.97	0.83
Total Stockholder Equity	0.98	0.39	0.93		0.92	0.91	0.89	0.23	0.92	0.7	0.86	0.92	0.05	0.92	0.91	0.85	0.96	0.87	0.05	0.77	0.48	0.79	0.83	0.87	0.88	0.76
Other Liab	0.96	0.46	0.95	0.92		0.89	0.83	-0.02	0.97	0.88	0.77	0.92	-0.03	0.96	0.94	0.77	0.95	0.97	0.0	0.85	0.52	0.89	0.86	0.93	0.92	0.81
Retained Earnings	0.92	0.44	0.91	0.91	0.89		0.9	0.25	0.95	0.7	0.89	0.83	-0.16	0.86	0.89	0.93	0.86	0.79	0.14	0.68	0.56	0.73	0.67	0.73	0.79	0.64
Accounts Payable	0.93	0.19	0.94	0.89	0.83	0.9		0.3	0.88	0.56	0.96	0.9	-0.28	0.9	0.91	0.91	0.88	0.71	0.38	0.66	0.6	0.7	0.75	0.77	0.86	0.69
Cash	0.17	0.28	0.13	0.23	-0.02	0.25	0.3		0.07	-0.35	0.34	0.08	0.18	0.05	0.0	0.45	0.15	-0.16	0.49	-0.03	0.15	-0.09	-0.23	-0.1	-0.03	0.01
Other Assets	0.96	0.47	0.96	0.92	0.97	0.95	0.88	0.07		0.82	0.85	0.92	-0.13	0.94	0.93	0.86	0.93	0.91	0.06	0.78	0.63	0.84	0.79	0.85	0.9	0.75
Long Term Debt	0.74	0.35	0.73	0.7	0.88	0.7	0.56	-0.35	0.82		0.45	0.67	-0.06	0.77	0.78	0.53	0.72	0.94	-0.23	0.74	0.24	0.8	0.79	0.8	0.73	0.63
Net Receivables	0.9	0.27	0.91	0.86	0.77	0.89	0.96	0.34	0.85	0.45		0.88	-0.26	0.86	0.87	0.88	0.85	0.63	0.28	0.61	0.69	0.63	0.68	0.71	0.84	0.68
Inventory	0.96	0.32	0.96	0.92	0.92	0.83	0.9	0.08	0.92	0.67	0.88		-0.16	0.96	0.93	0.79	0.96	0.85	0.1	0.78	0.64	0.8	0.87	0.91	0.95	0.81
Other Current Assets	-0.05	0.33	-0.14	0.05	-0.03	-0.16	-0.28	0.18	-0.13	-0.06	-0.26	-0.16		-0.1	-0.26	-0.24	0.04	0.03	-0.21	0.04	-0.13	-0.01	-0.09	0.02	-0.09	0.03
Total Liab	0.97	0.39	0.99	0.92	0.96	0.86	0.9	0.05	0.94	0.77	0.86	0.96	-0.1		0.97	0.77	0.98	0.91	0.11	0.85	0.61	0.86	0.9	0.96	0.98	0.86
Intangible Assets	0.96	0.31	0.97	0.91	0.94	0.89	0.91	0.0	0.93	0.78	0.87	0.93	-0.26	0.97		0.79	0.93	0.89	0.07	0.8	0.53	0.83	0.89	0.91	0.94	0.8
Common Stock	0.86	0.29	0.83	0.85	0.77	0.93	0.91	0.45	0.86	0.53	0.88	0.79	-0.24	0.77	0.79		0.77	0.64	0.27	0.55	0.51	0.6	0.57	0.6	0.69	0.53
Property Plant Equipment	0.98	0.43	0.97	0.96	0.95	0.86	0.88	0.15	0.93	0.72	0.85	0.96	0.04	0.98	0.93	0.77		0.9	0.13	0.83	0.58	0.85	0.87	0.94	0.96	0.85
Good Will	0.89	0.44	0.88	0.87	0.97	0.79	0.71	-0.16	0.91	0.94	0.63	0.85	0.03	0.91	0.89	0.64	0.9		-0.13	0.85	0.37	0.89	0.88	0.94	0.88	0.8
Short Term Investments	0.1	-0.2	0.16	0.05	0.0	0.14	0.38	0.49	0.06	-0.23	0.28	0.1	-0.21	0.11	0.07	0.27	0.13	-0.13		-0.02	0.24	0.01	-0.07	-0.02	0.09	0.03
Net Tangible Assets	0.81	0.49	0.81	0.77	0.85	0.68	0.66	-0.03	0.78	0.74	0.61	0.78	0.04	0.85	0.8	0.55	0.83	0.85	-0.02		0.49	0.98	0.77	0.87	0.82	0.97
Deferred Long Term Liab	0.56	0.44	0.65	0.48	0.52	0.56	0.6	0.15	0.63	0.24	0.69	0.64	-0.13	0.61	0.53	0.51	0.58	0.37	0.24	0.49		0.51	0.35	0.46	0.64	0.58
Non Current Assets Total	0.83	0.44	0.84	0.79	0.89	0.73	0.7	-0.09	0.84	0.8	0.63	0.8	-0.01	0.86	0.83	0.6	0.85	0.89	0.01	0.98	0.51		0.8	0.87	0.84	0.94
Non Currrent Assets Other	0.86	0.08	0.85	0.83	0.86	0.67	0.75	-0.23	0.79	0.79	0.68	0.87	-0.09	0.9	0.89	0.57	0.87	0.88	-0.07	0.77	0.35	0.8		0.95	0.91	0.78
Non Current Liabilities Total	0.91	0.35	0.91	0.87	0.93	0.73	0.77	-0.1	0.85	0.8	0.71	0.91	0.02	0.96	0.91	0.6	0.94	0.94	-0.02	0.87	0.46	0.87	0.95		0.95	0.88
Short Long Term Debt	0.94	0.33	0.97	0.88	0.92	0.79	0.86	-0.03	0.9	0.73	0.84	0.95	-0.09	0.98	0.94	0.69	0.96	0.88	0.09	0.82	0.64	0.84	0.91	0.95		0.87
Total Current Assets	0.81	0.45	0.83	0.76	0.81	0.64	0.69	0.01	0.75	0.63	0.68	0.81	0.03	0.86	0.8	0.53	0.85	0.8	0.03	0.97	0.58	0.94	0.78	0.88	0.87

Click cells to compare fundamentals

Chengdu Xuguang Account Relationship Matchups

Chengdu Xuguang fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.6B	1.8B	2.8B	3.0B	3.4B	3.6B
Other Current Liab	60.2M	91.9M	291.4M	70.5M	81.1M	70.9M
Total Current Liabilities	370.5M	452.9M	791.0M	881.6M	1.0B	1.1B
Total Stockholder Equity	1.1B	1.2B	1.7B	1.7B	2.0B	2.1B
Other Liab	15.8M	20.0M	29.8M	43.4M	49.9M	52.4M
Retained Earnings	514.1M	555.7M	655.8M	613.8M	705.8M	741.1M
Accounts Payable	239.3M	255.1M	343.5M	460.4M	529.5M	555.9M
Cash	232.9M	198.0M	433.3M	220.1M	253.2M	258.3M
Other Assets	44.9M	44.0M	51.2M	67.1M	77.2M	81.0M
Net Receivables	407.0M	475.6M	646.4M	814.8M	937.0M	983.9M
Inventory	173.1M	220.3M	308.7M	373.2M	429.1M	450.6M
Other Current Assets	5.1M	19.0M	43.3M	11.2M	12.9M	15.4M
Total Liab	390.5M	485.5M	995.2M	1.1B	1.3B	1.4B
Intangible Assets	33.5M	47.0M	64.4M	88.6M	101.9M	107.0M
Property Plant Equipment	321.4M	253.7M	306.4M	539.4M	620.3M	651.4M
Net Tangible Assets	1.1B	1.1B	1.1B	1.5B	1.7B	1.2B
Deferred Long Term Liab	21.4M	24.5M	5.2M	15.1M	17.3M	12.7M
Non Current Assets Total	471.7M	586.3M	879.3M	1.0B	1.2B	620.9M
Non Currrent Assets Other	19.0M	15.1M	20.9M	72.2M	83.0M	87.2M
Non Current Liabilities Total	20.0M	32.6M	204.2M	261.9M	301.2M	316.2M
Short Long Term Debt	14M	32.6M	77.5M	116.1M	133.6M	140.2M
Total Current Assets	1.1B	1.3B	1.9B	2.0B	2.3B	1.6B
Net Invested Capital	1.2B	1.2B	1.9B	2.0B	2.3B	1.5B
Net Working Capital	774.9M	808.6M	1.1B	1.1B	1.3B	987.0M
Property Plant And Equipment Net	253.7M	306.4M	539.4M	613.3M	705.3M	447.5M
Property Plant And Equipment Gross	468.8M	543.0M	539.4M	909.2M	1.0B	658.5M

Currently Active Assets on Macroaxis

BTC	Bitcoin
TRX	TRON
BNB	Binance Coin
ADA	Cardano
XRP	XRP

Other Information on Investing in Chengdu Stock

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

Chengdu Cost Of Revenue vs Income Tax Expense Analysis

Cost Of Revenue vs Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Income Tax Expense

Chengdu Xuguang fundamental ratios Correlations

Chengdu Xuguang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chengdu Xuguang fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Chengdu Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Total Current Liabilities	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Assets
Property Plant Equipment	+ 0.98	Total Liab
Short Long Term Debt	+ 0.98	Total Liab

Long Term Debt	- 0.35	Cash
Other Current Assets	- 0.28	Accounts Payable
Intangible Assets	- 0.26	Other Current Assets
Other Current Assets	- 0.26	Net Receivables
Common Stock	- 0.24	Other Current Assets
Short Term Investments	- 0.23	Long Term Debt