Xiamen Operating Income vs Cost Of Revenue Analysis

600755 Stock   6.40  0.05  0.79%   
Xiamen ITG financial indicator trend analysis is more than just analyzing Xiamen ITG Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen ITG Group is a good investment. Please check the relationship between Xiamen ITG 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 Xiamen ITG Group. 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 Xiamen ITG Group Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Xiamen ITG's Operating Income and Cost Of Revenue is 0.92. 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 Xiamen ITG Group, assuming nothing else is changed. The correlation between historical values of Xiamen ITG'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 Xiamen ITG Group 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., Xiamen ITG's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Xiamen ITG Group 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 Xiamen ITG Group 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 Xiamen ITG Group income statement and represents the costs associated with goods and services Xiamen ITG 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 Xiamen ITG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen ITG Group 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 Xiamen ITG Group. 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.
At present, Xiamen ITG's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 922.2 M, whereas Discontinued Operations is forecasted to decline to about 37.6 M.
 2022 2023 2024 2025 (projected)
Operating Income6.8B3.9B4.5B4.7B
Total Revenue521.9B468.2B538.5B565.4B

Xiamen ITG fundamental ratios Correlations

0.261.00.990.850.930.950.790.640.710.90.431.00.660.90.890.980.710.60.930.86-0.190.840.880.950.87
0.260.240.220.45-0.080.110.470.410.120.520.860.27-0.540.21-0.120.180.77-0.590.340.490.30.420.170.320.46
1.00.240.980.820.940.960.770.580.720.870.440.990.660.920.910.990.690.610.920.83-0.220.820.880.940.84
0.990.220.980.830.940.920.840.570.780.850.390.970.680.890.890.970.690.630.950.89-0.150.880.880.930.89
0.850.450.820.830.680.710.790.740.710.890.430.850.410.730.60.760.720.370.820.880.280.820.760.810.81
0.93-0.080.940.940.680.960.630.440.660.70.20.930.850.850.980.960.470.80.840.69-0.370.70.840.870.72
0.950.110.960.920.710.960.60.470.580.740.420.940.70.830.950.970.590.640.850.69-0.380.70.860.920.74
0.790.470.770.840.790.630.60.590.770.820.490.770.320.690.550.730.740.270.850.950.170.920.730.750.91
0.640.410.580.570.740.440.470.590.270.850.270.660.250.470.330.490.560.220.560.650.150.580.580.640.61
0.710.120.720.780.710.660.580.770.270.620.150.70.560.760.650.690.390.540.710.760.30.750.680.580.69
0.90.520.870.850.890.70.740.820.850.620.50.910.390.810.620.80.780.340.820.870.050.820.770.850.84
0.430.860.440.390.430.20.420.490.270.150.50.43-0.340.340.20.430.82-0.420.510.52-0.060.510.370.530.57
1.00.270.990.970.850.930.940.770.660.70.910.430.650.910.890.970.70.590.910.84-0.190.820.880.940.85
0.66-0.540.660.680.410.850.70.320.250.560.39-0.340.650.630.830.690.01.00.530.37-0.330.390.60.540.38
0.90.210.920.890.730.850.830.690.470.760.810.340.910.630.840.90.560.580.770.71-0.170.690.710.760.7
0.89-0.120.910.890.60.980.950.550.330.650.620.20.890.830.840.940.410.790.80.62-0.40.650.820.830.67
0.980.180.990.970.760.960.970.730.490.690.80.430.970.690.90.940.670.630.910.79-0.320.80.860.930.82
0.710.770.690.690.720.470.590.740.560.390.780.820.70.00.560.410.67-0.070.790.8-0.050.80.60.780.84
0.6-0.590.610.630.370.80.640.270.220.540.34-0.420.591.00.580.790.63-0.070.470.33-0.280.340.550.480.32
0.930.340.920.950.820.840.850.850.560.710.820.510.910.530.770.80.910.790.470.93-0.110.950.910.960.97
0.860.490.830.890.880.690.690.950.650.760.870.520.840.370.710.620.790.80.330.930.180.960.810.850.96
-0.190.3-0.22-0.150.28-0.37-0.380.170.150.30.05-0.06-0.19-0.33-0.17-0.4-0.32-0.05-0.28-0.110.180.1-0.11-0.220.0
0.840.420.820.880.820.70.70.920.580.750.820.510.820.390.690.650.80.80.340.950.960.10.860.880.98
0.880.170.880.880.760.840.860.730.580.680.770.370.880.60.710.820.860.60.550.910.81-0.110.860.930.88
0.950.320.940.930.810.870.920.750.640.580.850.530.940.540.760.830.930.780.480.960.85-0.220.880.930.92
0.870.460.840.890.810.720.740.910.610.690.840.570.850.380.70.670.820.840.320.970.960.00.980.880.92
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Xiamen ITG Account Relationship Matchups

Xiamen ITG fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets113.4B97.7B112.9B113.1B130.1B136.6B
Other Current Liab33.6B30.1B27.5B2.0B2.3B2.1B
Total Current Liabilities63.8B59.2B73.0B68.6B78.9B82.8B
Total Stockholder Equity26.2B29.1B30.2B32.6B37.5B39.4B
Other Liab472.2M770.5M379.3M500.9M576.0M604.8M
Accounts Payable17.2B19.7B25.1B31.1B35.7B37.5B
Cash12.4B10.8B17.9B14.3B16.5B17.3B
Other Assets5.4B4.6B4.9B4.3B4.9B5.1B
Long Term Debt14.0B2.5B1.2B4.9B5.6B5.9B
Net Receivables3.8B5.6B9.1B10.0B11.5B12.1B
Inventory50.0B31.4B29.3B31.6B36.3B38.2B
Other Current Assets18.5B21.4B28.4B2.4B2.8B2.7B
Total Liab78.6B62.2B74.8B74.5B85.7B90.0B
Intangible Assets140.6M138.0M302.7M4.5B5.2B5.4B
Common Stock1.9B1.9B2.1B2.2B2.5B2.7B
Property Plant Equipment2.2B2.6B3.2B5.2B6.0B6.3B
Retained Earnings10.4B12.5B14.4B13.3B15.3B16.1B
Short Term Investments3.6B4.3B3.1B1.6B1.9B1.1B
Net Tangible Assets24.6B26.0B29.0B29.9B34.4B24.8B
Other Stockholder Equity11.3B10.4B9.9B9.3B10.7B9.7B
Deferred Long Term Liab43.1M44.5M24.5M33.5M30.1M35.7M
Short Long Term Debt11.3B4.1B14.8B14.8B17.0B9.2B
Total Current Assets94.6B80.5B93.6B87.4B100.5B77.6B
Non Current Assets Total18.8B17.3B19.3B25.8B29.6B18.0B
Non Currrent Assets Other775.2M81.5M48.5M320.5M288.5M481.8M
Non Current Liabilities Total14.7B3.0B1.8B5.9B6.8B6.4B
Non Current Liabilities Other18.7M17.1M83.5M100.4M115.5M60.5M
Net Debt7.6B11.4B12.8B5.3B6.1B9.6B
Common Stock Shares Outstanding1.9B2.1B2.2B2.2B2.5B2.2B
Net Invested Capital51.5B35.7B46.2B52.3B60.1B47.0B
Net Working Capital30.8B21.3B20.6B18.8B21.6B22.7B
Capital Stock2.1B2.1B2.2B2.2B2.5B2.3B
Property Plant And Equipment Net2.6B3.2B5.2B5.9B6.8B4.2B
Property Plant And Equipment Gross3.4B4.2B5.2B7.1B8.2B5.0B

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Other Information on Investing in Xiamen Stock

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