China Operating Income vs Cost Of Revenue Analysis

600675 Stock   2.60  0.09  3.35%   
China Enterprise financial indicator trend analysis is way more than just evaluating China Enterprise prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Enterprise is a good investment. Please check the relationship between China Enterprise Operating Income and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Enterprise Co. 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.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Enterprise Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between China Enterprise's Operating Income and Cost Of Revenue is 0.14. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of China Enterprise Co, assuming nothing else is changed. The correlation between historical values of China Enterprise's Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of China Enterprise Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., China Enterprise's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from China Enterprise operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of China Enterprise Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on China Enterprise income statement and represents the costs associated with goods and services China Enterprise 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.
Most indicators from China Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Enterprise 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 China Enterprise Co. 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 570.2 M, whereas Selling General Administrative is forecasted to decline to about 320.8 M.
 2024 2025 (projected)
Income Tax Expense1.0B1.1B
Income Before Tax1.2B1.3B

China Enterprise fundamental ratios Correlations

0.91-0.460.840.190.920.910.920.510.980.280.920.79-0.52-0.26-0.590.50.8-0.020.67-0.840.320.550.770.230.74
0.91-0.640.96-0.060.90.920.820.230.820.060.980.76-0.47-0.15-0.460.460.80.00.8-0.890.230.540.910.430.76
-0.46-0.64-0.610.13-0.61-0.6-0.41-0.05-0.360.32-0.63-0.430.230.35-0.04-0.57-0.47-0.26-0.770.570.01-0.64-0.63-0.33-0.48
0.840.96-0.61-0.10.790.860.780.270.740.20.910.75-0.450.02-0.30.450.670.00.83-0.760.070.550.850.440.7
0.19-0.060.13-0.10.19-0.010.050.60.290.540.01-0.20.12-0.180.050.220.280.51-0.07-0.170.650.05-0.09-0.08-0.26
0.920.9-0.610.790.190.950.790.350.880.010.940.76-0.56-0.45-0.540.660.880.160.76-0.90.440.670.80.210.7
0.910.92-0.60.86-0.010.950.870.30.850.00.950.9-0.57-0.36-0.60.540.84-0.060.79-0.870.260.640.860.320.84
0.920.82-0.410.780.050.790.870.480.910.260.840.85-0.44-0.17-0.660.270.71-0.260.54-0.730.170.430.770.350.88
0.510.23-0.050.270.60.350.30.480.60.650.260.280.04-0.1-0.160.450.320.140.24-0.250.170.490.06-0.20.23
0.980.82-0.360.740.290.880.850.910.60.350.850.76-0.51-0.29-0.610.480.75-0.020.57-0.770.350.520.670.130.69
0.280.060.320.20.540.010.00.260.650.350.00.050.050.360.09-0.02-0.060.06-0.070.080.0-0.04-0.07-0.02-0.09
0.920.98-0.630.910.010.940.950.840.260.850.00.77-0.5-0.24-0.560.470.88-0.010.8-0.940.340.540.910.40.79
0.790.76-0.430.75-0.20.760.90.850.280.760.050.77-0.64-0.35-0.680.380.59-0.390.65-0.59-0.070.560.680.160.84
-0.52-0.470.23-0.450.12-0.56-0.57-0.440.04-0.510.05-0.5-0.640.230.43-0.33-0.30.18-0.490.28-0.14-0.35-0.290.19-0.31
-0.26-0.150.350.02-0.18-0.45-0.36-0.17-0.1-0.290.36-0.24-0.350.230.4-0.46-0.38-0.06-0.230.33-0.17-0.4-0.180.13-0.23
-0.59-0.46-0.04-0.30.05-0.54-0.6-0.66-0.16-0.610.09-0.56-0.680.430.40.04-0.610.61-0.210.53-0.26-0.07-0.44-0.03-0.65
0.50.46-0.570.450.220.660.540.270.450.48-0.020.470.38-0.33-0.460.040.430.540.67-0.450.170.940.26-0.270.24
0.80.8-0.470.670.280.880.840.710.320.75-0.060.880.59-0.3-0.38-0.610.430.090.64-0.960.640.450.810.390.68
-0.020.0-0.260.00.510.16-0.06-0.260.14-0.020.06-0.01-0.390.18-0.060.610.540.090.09-0.150.440.32-0.010.03-0.33
0.670.8-0.770.83-0.070.760.790.540.240.57-0.070.80.65-0.49-0.23-0.210.670.640.09-0.680.120.750.630.140.5
-0.84-0.890.57-0.76-0.17-0.9-0.87-0.73-0.25-0.770.08-0.94-0.590.280.330.53-0.45-0.96-0.15-0.68-0.55-0.46-0.88-0.47-0.7
0.320.230.010.070.650.440.260.170.170.350.00.34-0.07-0.14-0.17-0.260.170.640.440.12-0.550.020.230.130.0
0.550.54-0.640.550.050.670.640.430.490.52-0.040.540.56-0.35-0.4-0.070.940.450.320.75-0.460.020.35-0.210.46
0.770.91-0.630.85-0.090.80.860.770.060.67-0.070.910.68-0.29-0.18-0.440.260.81-0.010.63-0.880.230.350.710.82
0.230.43-0.330.44-0.080.210.320.35-0.20.13-0.020.40.160.190.13-0.03-0.270.390.030.14-0.470.13-0.210.710.42
0.740.76-0.480.7-0.260.70.840.880.230.69-0.090.790.84-0.31-0.23-0.650.240.68-0.330.5-0.70.00.460.820.42
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China Enterprise Account Relationship Matchups

China Enterprise fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets49.3B54.2B66.7B60.2B69.3B72.7B
Total Stockholder Equity15.7B15.5B14.4B14.8B17.1B17.9B
Other Liab1.4B197.3M368.2M807.6M928.8M882.3M
Retained Earnings7.4B7.4B6.1B6.6B7.6B8.0B
Accounts Payable2.2B1.9B1.8B2.4B2.8B1.7B
Cash11.6B14.3B17.3B18.5B21.3B22.3B
Other Assets11.0B12.7B12.4B19.4B22.3B23.4B
Long Term Debt10.7B19.4B20.2B15.7B18.0B18.9B
Inventory20.4B16.8B34.9B27.0B31.0B17.0B
Total Liab31.9B37.2B49.6B43.1B49.5B52.0B
Intangible Assets70.8M71.6M65.0M68.0M78.2M65.7M
Property Plant Equipment189.5M221.6M300.5M543.7M625.3M656.5M
Short Term Investments90.7M70.5M41.7M44.7M40.2M60.9M
Other Current Liab8.4B5.6B1.1B849.8M764.8M726.6M
Total Current Liabilities20.9B16.9B29.0B27.0B31.0B26.1B
Net Tangible Assets13.7B15.1B15.7B15.5B17.8B14.0B
Net Receivables107.1M160.3M256.9M242.7M218.4M207.5M
Other Current Assets1.5B391.5M857.0M1.1B1.3B1.4B
Deferred Long Term Liab14.9M16.1M11.1M7.7M8.9M12.5M
Total Current Assets36.0B32.8B54.4B47.1B54.2B44.5B
Non Current Assets Total13.4B21.4B12.3B13.1B15.1B13.3B
Non Currrent Assets Other4.2B10.2B503.0M12.0M13.8M13.1M
Non Current Liabilities Total11.0B20.2B20.6B16.1B18.5B15.1B
Net Invested Capital26.4B34.9B34.6B30.5B35.1B29.5B
Net Working Capital15.1B15.9B25.4B20.1B23.1B18.0B
Property Plant And Equipment Net300.5M543.7M540.4M778.3M895.1M524.6M
Property Plant And Equipment Gross431.3M709.9M712.1M1.1B1.2B716.0M

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Other Information on Investing in China Stock

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