Hunan Cost Of Revenue vs Gross Profit Analysis

603319 Stock   24.80  0.71  2.95%   
Hunan Oil financial indicator trend analysis is much more than just examining Hunan Oil Pump latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Oil Pump is a good investment. Please check the relationship between Hunan Oil Cost Of Revenue and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Oil Pump. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hunan Oil Pump Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Hunan Oil's Cost Of Revenue and Gross Profit is 0.93. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Hunan Oil Pump, assuming nothing else is changed. The correlation between historical values of Hunan Oil's Cost Of Revenue and Gross Profit 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 Hunan Oil Pump are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., Hunan Oil's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Hunan Oil Pump income statement and represents the costs associated with goods and services Hunan Oil 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Hunan Oil Pump minus its cost of goods sold. It is profit before Hunan Oil operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Hunan Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Oil Pump 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 Hunan Oil Pump. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
As of January 21, 2025, Selling General Administrative is expected to decline to about 51.7 M. In addition to that, Tax Provision is expected to decline to about 16.8 M
 2022 2023 2024 2025 (projected)
Operating Income203.9M269.6M310.1M325.6M
Total Revenue1.6B1.9B2.2B2.3B

Hunan Oil fundamental ratios Correlations

0.680.880.990.830.990.890.590.920.890.960.88-0.050.880.620.970.990.920.930.890.740.90.820.930.80.85
0.680.760.670.640.660.740.650.50.530.480.790.00.760.290.670.670.790.70.420.840.690.710.810.330.73
0.880.760.850.960.860.980.680.720.710.790.950.190.990.60.80.880.960.950.660.70.910.90.960.780.99
0.990.670.850.791.00.880.570.930.90.960.87-0.120.860.620.970.990.920.920.90.750.890.780.910.80.81
0.830.640.960.790.810.920.640.690.690.760.890.350.960.70.730.840.880.910.620.560.920.920.890.820.98
0.990.660.861.00.810.880.540.940.910.970.88-0.070.860.640.980.990.910.930.90.750.90.790.910.810.82
0.890.740.980.880.920.880.630.760.740.810.970.090.980.610.830.890.970.970.710.750.920.830.960.790.96
0.590.650.680.570.640.540.630.350.340.390.520.110.650.430.440.560.670.530.260.30.570.710.690.350.69
0.920.50.720.930.690.940.760.350.960.950.8-0.220.750.610.960.920.810.870.980.690.880.610.80.770.68
0.890.530.710.90.690.910.740.340.960.920.79-0.180.740.680.910.90.80.850.910.640.840.640.780.80.69
0.960.480.790.960.760.970.810.390.950.920.81-0.060.80.620.950.960.830.890.940.650.850.720.820.860.76
0.880.790.950.870.890.880.970.520.80.790.810.020.970.590.860.880.970.980.750.840.940.780.960.760.92
-0.050.00.19-0.120.35-0.070.090.11-0.22-0.18-0.060.020.160.13-0.170.02-0.04-0.01-0.3-0.260.050.45-0.040.140.28
0.880.760.990.860.960.860.980.650.750.740.80.970.160.620.820.880.960.970.70.720.950.880.970.780.98
0.620.290.60.620.70.640.610.430.610.680.620.590.130.620.510.680.650.650.510.240.710.610.560.860.62
0.970.670.80.970.730.980.830.440.960.910.950.86-0.170.820.510.960.870.910.940.820.870.710.880.730.76
0.990.670.880.990.840.990.890.560.920.90.960.880.020.880.680.960.910.930.870.720.910.840.90.840.85
0.920.790.960.920.880.910.970.670.810.80.830.97-0.040.960.650.870.910.970.750.780.930.810.980.780.93
0.930.70.950.920.910.930.970.530.870.850.890.98-0.010.970.650.910.930.970.830.780.970.80.970.840.93
0.890.420.660.90.620.90.710.260.980.910.940.75-0.30.70.510.940.870.750.830.680.820.520.760.730.61
0.740.840.70.750.560.750.750.30.690.640.650.84-0.260.720.240.820.720.780.780.680.720.510.80.430.63
0.90.690.910.890.920.90.920.570.880.840.850.940.050.950.710.870.910.930.970.820.720.80.930.810.9
0.820.710.90.780.920.790.830.710.610.640.720.780.450.880.610.710.840.810.80.520.510.80.830.720.93
0.930.810.960.910.890.910.960.690.80.780.820.96-0.040.970.560.880.90.980.970.760.80.930.830.720.93
0.80.330.780.80.820.810.790.350.770.80.860.760.140.780.860.730.840.780.840.730.430.810.720.720.78
0.850.730.990.810.980.820.960.690.680.690.760.920.280.980.620.760.850.930.930.610.630.90.930.930.78
Click cells to compare fundamentals

Hunan Oil Account Relationship Matchups

Hunan Oil fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.4B2.6B2.8B3.0B3.5B3.6B
Other Current Liab38.6M87.9M77.5M41.4M47.6M31.7M
Total Current Liabilities886.7M970.5M888.7M976.4M1.1B600.0M
Total Stockholder Equity1.3B1.4B1.6B1.7B2.0B2.1B
Other Liab73.2M67.6M63.9M67.4M77.6M47.0M
Retained Earnings674.3M813.9M925.8M970.2M1.1B1.2B
Accounts Payable355.4M404.0M382.8M445.3M512.1M258.9M
Cash502.4M311.6M270.2M155.8M179.1M176.0M
Other Assets30.1M49.0M33.1M117.5M135.2M141.9M
Long Term Debt128.0M115.6M225.5M201.5M231.7M243.3M
Net Receivables389.9M379.8M515.6M656.0M754.4M792.1M
Inventory258.1M375.8M400.4M415.3M477.6M241.6M
Other Current Assets26.8M39.8M31.7M10.1M11.6M11.0M
Total Liab1.1B1.2B1.2B1.3B1.4B756.2M
Intangible Assets72.1M64.4M68.8M65.0M74.8M63.6M
Common Stock104.9M115.1M160.6M208.8M240.1M252.1M
Property Plant Equipment616.4M663.4M802.2M869.2M999.5M1.0B
Net Tangible Assets741.7M1.2B1.4B1.5B1.7B965.1M
Non Current Assets Total925.7M1.0B1.2B1.4B1.6B956.7M
Non Currrent Assets Other36.0M17.5M93.3M134.3M154.4M162.2M
Non Current Liabilities Total195.5M191.7M297.7M281.1M323.3M192.1M
Short Long Term Debt355.6M398.6M361.9M272.3M313.2M314.0M
Total Current Assets1.5B1.6B1.6B1.6B1.9B1.2B
Non Current Liabilities Other17.4M17.1M16.1M21.0M24.2M19.4M
Deferred Long Term Liab952.0K663.8K486.8K309.8K278.8K440.2K
Net Invested Capital1.8B2.0B2.1B2.2B2.5B1.8B
Net Working Capital594.0M608.4M684.4M658.7M757.5M495.3M
Capital Stock115.1M160.6M208.8M208.1M239.3M161.0M
Property Plant And Equipment Net663.4M802.2M869.2M999.2M1.1B869.1M
Property Plant And Equipment Gross1.1B1.2B1.4B1.6B1.8B1.4B

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Other Information on Investing in Hunan Stock

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