Shandong Cost Of Revenue vs Ebitda Analysis

600529 Stock   24.41  0.19  0.77%   
Shandong Pharmaceutical financial indicator trend analysis is much more than just breaking down Shandong Pharmaceutical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Pharmaceutical is a good investment. Please check the relationship between Shandong Pharmaceutical Cost Of Revenue and its Ebitda accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Pharmaceutical Glass. 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 Ebitda

Cost Of Revenue vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shandong Pharmaceutical Cost Of Revenue account and Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shandong Pharmaceutical's Cost Of Revenue and Ebitda is 0.89. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Shandong Pharmaceutical Glass, assuming nothing else is changed. The correlation between historical values of Shandong Pharmaceutical's Cost Of Revenue and Ebitda 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 Shandong Pharmaceutical Glass are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Cost Of Revenue i.e., Shandong Pharmaceutical's Cost Of Revenue and Ebitda go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

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

Ebitda

Most indicators from Shandong Pharmaceutical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Pharmaceutical 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 Shandong Pharmaceutical Glass. 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.
As of January 8, 2025, Selling General Administrative is expected to decline to about 177.4 M. In addition to that, Tax Provision is expected to decline to about 91.6 M
 2022 2023 2024 2025 (projected)
Operating Income707.2M898.9M1.0B1.1B
Total Revenue4.2B5.0B5.7B6.0B

Shandong Pharmaceutical fundamental ratios Correlations

0.270.981.00.990.970.94-0.380.660.980.330.980.950.950.980.960.920.910.880.88-0.670.90.880.320.850.37
0.270.310.250.320.290.38-0.10.130.340.420.310.430.320.230.230.340.290.310.350.080.310.190.70.290.66
0.980.310.970.991.00.92-0.440.670.980.411.00.950.980.990.940.960.840.860.91-0.590.870.890.440.90.48
1.00.250.970.980.960.94-0.370.660.980.310.970.940.940.970.950.90.920.880.87-0.680.90.880.290.830.34
0.990.320.990.980.990.94-0.410.660.980.351.00.970.980.980.940.960.860.870.91-0.60.880.890.410.890.47
0.970.291.00.960.990.91-0.450.670.970.421.00.940.970.990.940.950.830.850.9-0.580.860.880.450.890.48
0.940.380.920.940.940.91-0.340.580.90.320.930.950.930.890.840.890.860.840.87-0.580.870.80.290.820.46
-0.38-0.1-0.44-0.37-0.41-0.45-0.34-0.82-0.46-0.43-0.42-0.31-0.44-0.46-0.26-0.44-0.21-0.28-0.290.02-0.29-0.25-0.14-0.26-0.23
0.660.130.670.660.660.670.58-0.820.70.20.660.590.640.680.590.650.560.710.65-0.140.710.660.210.540.21
0.980.340.980.980.980.970.9-0.460.70.40.980.930.950.980.950.930.860.870.87-0.60.870.880.420.850.39
0.330.420.410.310.350.420.32-0.430.20.40.40.280.480.430.260.380.190.220.33-0.110.20.220.510.380.51
0.980.311.00.971.01.00.93-0.420.660.980.40.960.980.990.940.960.850.860.91-0.590.870.890.450.90.49
0.950.430.950.940.970.940.95-0.310.590.930.280.960.950.920.90.940.860.860.91-0.560.880.860.420.880.53
0.950.320.980.940.980.970.93-0.440.640.950.480.980.950.970.890.970.810.840.92-0.570.840.860.410.920.52
0.980.230.990.970.980.990.89-0.460.680.980.430.990.920.970.940.950.820.850.88-0.620.850.890.390.890.39
0.960.230.940.950.940.940.84-0.260.590.950.260.940.90.890.940.860.860.870.85-0.630.870.90.430.830.29
0.920.340.960.90.960.950.89-0.440.650.930.380.960.940.970.950.860.740.810.89-0.520.80.840.440.910.54
0.910.290.840.920.860.830.86-0.210.560.860.190.850.860.810.820.860.740.820.78-0.650.870.770.190.670.36
0.880.310.860.880.870.850.84-0.280.710.870.220.860.860.840.850.870.810.820.96-0.330.990.970.430.880.37
0.880.350.910.870.910.90.87-0.290.650.870.330.910.910.920.880.850.890.780.96-0.340.950.960.50.960.54
-0.670.08-0.59-0.68-0.6-0.58-0.580.02-0.14-0.6-0.11-0.59-0.56-0.57-0.62-0.63-0.52-0.65-0.33-0.34-0.37-0.380.17-0.360.03
0.90.310.870.90.880.860.87-0.290.710.870.20.870.880.840.850.870.80.870.990.95-0.370.950.380.860.37
0.880.190.890.880.890.880.8-0.250.660.880.220.890.860.860.890.90.840.770.970.96-0.380.950.430.930.32
0.320.70.440.290.410.450.29-0.140.210.420.510.450.420.410.390.430.440.190.430.50.170.380.430.530.67
0.850.290.90.830.890.890.82-0.260.540.850.380.90.880.920.890.830.910.670.880.96-0.360.860.930.530.54
0.370.660.480.340.470.480.46-0.230.210.390.510.490.530.520.390.290.540.360.370.540.030.370.320.670.54
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Shandong Pharmaceutical Account Relationship Matchups

Shandong Pharmaceutical fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.6B6.4B8.8B9.3B10.7B11.3B
Other Current Liab156.5M117.6M324.5M69.9M80.4M131.4M
Total Current Liabilities1.3B1.7B1.8B1.7B2.0B2.1B
Total Stockholder Equity4.3B4.7B7.0B7.5B8.7B9.1B
Retained Earnings2.7B3.1B3.5B3.6B4.1B4.3B
Accounts Payable995.8M1.4B1.4B1.4B1.6B1.7B
Cash1.1B885.0M1.4B1.5B1.7B1.8B
Net Receivables640.8M764.4M871.7M970.1M1.1B622.7M
Inventory749.2M877.7M1.2B1.1B1.2B1.3B
Other Current Assets82.5M62.0M104.6M35.0M40.3M76.8M
Total Liab1.4B1.7B1.8B1.8B2.1B2.2B
Intangible Assets203.3M198.4M260.4M253.7M291.7M306.3M
Property Plant Equipment1.9B2.1B2.6B2.8B3.2B3.4B
Other Assets64.4M161.3M319.4M381.9M439.2M461.2M
Other Liab49.7M60.0M60.0M58.9M67.8M71.2M
Short Term Investments230.5M307.1M1.1B1.2B1.4B1.5B
Net Tangible Assets3.7B4.1B4.5B6.7B7.7B4.2B
Other Stockholder Equity62.2M64.4M66.2M75.5M86.8M59.8M
Total Current Assets3.1B3.3B5.3B5.5B6.4B3.7B
Non Current Assets Total2.5B3.1B3.5B3.8B4.3B2.7B
Non Currrent Assets Other131.7M287.0M349.9M16.8M19.3M18.3M
Non Current Liabilities Total60.0M60.0M58.9M57.6M66.3M51.7M
Net Invested Capital4.3B4.7B7.0B7.5B8.7B5.4B
Net Working Capital1.8B1.7B3.6B3.8B4.4B2.6B
Property Plant And Equipment Net2.1B2.6B2.8B3.5B4.0B2.8B
Property Plant And Equipment Gross3.2B3.8B2.8B5.2B5.9B3.9B

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Other Information on Investing in Shandong Stock

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