Harbin Operating Income vs Cost Of Revenue Analysis

600864 Stock   6.57  0.14  2.18%   
Harbin Hatou financial indicator trend analysis is much more than just examining Harbin Hatou Investment latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Harbin Hatou Investment is a good investment. Please check the relationship between Harbin Hatou 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 Harbin Hatou Investment. 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 Harbin Hatou Investment Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Harbin Hatou's Operating Income and Cost Of Revenue is -0.17. 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 Harbin Hatou Investment, assuming nothing else is changed. The correlation between historical values of Harbin Hatou'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 Harbin Hatou Investment 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., Harbin Hatou's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Harbin Hatou Investment 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 Harbin Hatou Investment 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 Harbin Hatou Investment income statement and represents the costs associated with goods and services Harbin Hatou 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 Harbin Hatou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Harbin Hatou Investment 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 Harbin Hatou Investment. 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, Harbin Hatou'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 56.5 M, whereas Discontinued Operations is forecasted to decline to (188.2 K).
 2024 2025 (projected)
Minority Interest77.0M73.2M
Income Tax Expense47.7M81.3M

Harbin Hatou fundamental ratios Correlations

-0.080.980.960.590.490.86-0.360.810.440.680.930.990.910.940.860.580.840.91-0.8-0.840.870.920.570.86-0.54
-0.08-0.170.010.67-0.37-0.030.030.080.47-0.30.01-0.13-0.36-0.05-0.190.35-0.330.010.280.23-0.120.02-0.72-0.28-0.03
0.98-0.170.920.520.520.87-0.350.730.420.670.920.990.910.890.840.510.810.86-0.77-0.810.840.880.620.86-0.5
0.960.010.920.650.440.83-0.350.770.390.710.910.930.890.980.870.50.820.97-0.82-0.830.860.920.530.79-0.63
0.590.670.520.650.030.63-0.370.480.630.190.660.540.350.540.430.530.270.59-0.27-0.290.410.55-0.180.31-0.39
0.49-0.370.520.440.030.380.240.26-0.160.610.340.510.620.450.720.020.580.31-0.49-0.430.420.340.680.58-0.08
0.86-0.030.870.830.630.38-0.380.50.30.60.910.830.840.740.80.290.670.72-0.68-0.610.650.650.490.61-0.42
-0.360.03-0.35-0.35-0.370.24-0.38-0.25-0.450.12-0.43-0.34-0.28-0.24-0.05-0.29-0.14-0.340.10.16-0.2-0.320.06-0.170.36
0.810.080.730.770.480.260.5-0.250.480.490.670.820.650.80.610.820.730.79-0.65-0.770.80.850.320.75-0.36
0.440.470.420.390.63-0.160.3-0.450.48-0.280.520.440.10.320.010.76-0.020.380.14-0.180.210.48-0.380.21-0.47
0.68-0.30.670.710.190.610.60.120.49-0.280.50.670.820.760.90.090.810.67-0.92-0.820.750.580.850.67-0.19
0.930.010.920.910.660.340.91-0.430.670.520.50.90.820.850.740.440.740.86-0.65-0.660.690.80.390.74-0.56
0.99-0.130.990.930.540.510.83-0.340.820.440.670.90.910.920.840.60.840.89-0.79-0.850.880.910.590.88-0.5
0.91-0.360.910.890.350.620.84-0.280.650.10.820.820.910.880.930.310.870.81-0.87-0.850.810.770.820.81-0.45
0.94-0.050.890.980.540.450.74-0.240.80.320.760.850.920.880.870.490.850.98-0.85-0.880.880.930.590.82-0.62
0.86-0.190.840.870.430.720.8-0.050.610.010.90.740.840.930.870.270.850.79-0.89-0.80.810.740.770.75-0.41
0.580.350.510.50.530.020.29-0.290.820.760.090.440.60.310.490.270.260.5-0.22-0.520.560.67-0.060.43-0.32
0.84-0.330.810.820.270.580.67-0.140.73-0.020.810.740.840.870.850.850.260.82-0.92-0.780.830.760.740.91-0.26
0.910.010.860.970.590.310.72-0.340.790.380.670.860.890.810.980.790.50.82-0.81-0.820.870.940.480.8-0.65
-0.80.28-0.77-0.82-0.27-0.49-0.680.1-0.650.14-0.92-0.65-0.79-0.87-0.85-0.89-0.22-0.92-0.810.86-0.89-0.76-0.79-0.790.29
-0.840.23-0.81-0.83-0.29-0.43-0.610.16-0.77-0.18-0.82-0.66-0.85-0.85-0.88-0.8-0.52-0.78-0.820.86-0.88-0.82-0.7-0.80.35
0.87-0.120.840.860.410.420.65-0.20.80.210.750.690.880.810.880.810.560.830.87-0.89-0.880.930.630.86-0.41
0.920.020.880.920.550.340.65-0.320.850.480.580.80.910.770.930.740.670.760.94-0.76-0.820.930.460.82-0.64
0.57-0.720.620.53-0.180.680.490.060.32-0.380.850.390.590.820.590.77-0.060.740.48-0.79-0.70.630.460.64-0.21
0.86-0.280.860.790.310.580.61-0.170.750.210.670.740.880.810.820.750.430.910.8-0.79-0.80.860.820.64-0.22
-0.54-0.03-0.5-0.63-0.39-0.08-0.420.36-0.36-0.47-0.19-0.56-0.5-0.45-0.62-0.41-0.32-0.26-0.650.290.35-0.41-0.64-0.21-0.22
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Harbin Hatou Account Relationship Matchups

Harbin Hatou fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets34.1B37.1B34.3B39.4B45.3B47.6B
Other Current Liab979.8M786.0M786.9M1.9M2.1M2.0M
Total Current Liabilities13.6B19.1B17.8B21.2B24.4B25.6B
Total Stockholder Equity13.6B13.3B11.9B12.4B14.3B15.0B
Retained Earnings2.6B2.8B1.8B1.2B1.3B1.3B
Accounts Payable371.9M419.7M488.1M637.9M733.6M770.3M
Cash7.3B6.9B6.9B6.4B7.4B7.8B
Other Assets470.0M656.7M721.6M1.0B904.5M712.5M
Long Term Debt6.1B3.2B3.2B4.3B4.9B5.2B
Net Receivables216.9M416.3M573.6M616.4M708.9M673.5M
Inventory246.9M368.9M339.0M296.6M341.1M358.1M
Other Current Assets2.3B1.7B1.5B2.0B2.3B2.4B
Total Liab20.4B23.7B22.3B27.0B31.1B32.6B
Intangible Assets236.8M275.0M273.7M353.4M406.4M426.7M
Property Plant Equipment2.5B3.0B3.2B3.2B3.7B3.9B
Other Liab5.1B981.4M1.3B1.3B1.6B1.0B
Short Term Investments19.7B14.0B9.9B17.4B20.0B21.0B
Net Tangible Assets13.1B13.5B13.0B11.7B13.4B13.2B
Other Stockholder Equity1.2B1.3B855.5M583.6M525.2M885.0M
Deferred Long Term Liab52.6M47.3M63.1M69.7M80.1M59.2M
Short Long Term Debt1.6B7.2B7.2B12.0B13.8B14.5B
Total Current Assets28.2B29.3B25.8B32.3B37.1B30.1B
Non Current Assets Total6.1B7.8B8.5B7.1B6.4B7.3B
Non Currrent Assets Other138.7M162.4M140.4M158.5M182.3M191.4M
Non Current Liabilities Total7.2B4.6B4.5B5.8B5.2B4.7B
Non Current Liabilities Other(2.3B)378.3M405.7M426.5M490.5M515.0M
Net Debt410.0M3.6B3.4B9.8B11.3B11.9B
Net Invested Capital21.3B23.7B22.3B28.7B33.0B23.2B
Net Working Capital14.7B10.2B8.0B11.1B12.7B11.6B
Property Plant And Equipment Net2.4B3.2B3.2B3.5B4.0B3.2B
Property Plant And Equipment Gross4.3B5.8B3.2B6.4B7.3B5.3B

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Other Information on Investing in Harbin Stock

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