Xiangpiaopiao Cost Of Revenue vs Gross Profit Analysis

603711 Stock   17.36  0.96  5.85%   
Xiangpiaopiao Food financial indicator trend analysis is more than just analyzing Xiangpiaopiao Food current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiangpiaopiao Food is a good investment. Please check the relationship between Xiangpiaopiao Food 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 Xiangpiaopiao Food 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 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 Xiangpiaopiao Food Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Xiangpiaopiao Food's Cost Of Revenue and Gross Profit is 0.79. 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 Xiangpiaopiao Food Co, assuming nothing else is changed. The correlation between historical values of Xiangpiaopiao Food'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 Xiangpiaopiao Food Co 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., Xiangpiaopiao Food's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Xiangpiaopiao Food income statement and represents the costs associated with goods and services Xiangpiaopiao Food 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 Xiangpiaopiao Food Co minus its cost of goods sold. It is profit before Xiangpiaopiao Food 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 Xiangpiaopiao Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiangpiaopiao Food 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 Xiangpiaopiao Food 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 board of governors.
The current year's Selling General Administrative is expected to grow to about 774.4 M. The current year's Tax Provision is expected to grow to about 59.9 M
 2022 2023 2024 2025 (projected)
Operating Income251.7M265.3M305.1M312.7M
Total Revenue3.1B3.6B4.2B3.1B

Xiangpiaopiao Food fundamental ratios Correlations

-0.60.950.990.931.00.250.910.930.340.950.60.960.890.810.990.290.990.440.97-0.040.920.440.960.920.65
-0.6-0.5-0.62-0.6-0.6-0.15-0.74-0.59-0.38-0.55-0.1-0.53-0.5-0.56-0.50.24-0.60.08-0.540.24-0.49-0.69-0.7-0.49-0.64
0.95-0.50.90.90.930.160.870.860.10.830.541.00.750.620.960.370.940.410.96-0.150.790.310.950.790.62
0.99-0.620.90.910.990.270.90.930.410.970.610.920.920.870.980.250.990.450.950.00.940.460.940.940.65
0.93-0.60.90.910.920.330.790.880.30.910.680.910.830.730.930.380.950.50.98-0.040.870.40.910.870.73
1.0-0.60.930.990.920.280.910.920.380.950.610.950.910.840.980.250.990.450.96-0.040.920.420.950.920.64
0.25-0.150.160.270.330.280.120.310.370.350.320.180.360.260.280.080.260.520.290.090.270.010.150.270.27
0.91-0.740.870.90.790.910.120.810.340.810.320.890.730.680.86-0.040.90.080.84-0.30.770.520.950.770.63
0.93-0.590.860.930.880.920.310.810.370.910.530.880.830.80.910.350.920.550.910.20.870.550.880.870.57
0.34-0.380.10.410.30.380.370.340.370.510.320.160.580.480.29-0.230.370.10.260.330.570.660.270.570.25
0.95-0.550.830.970.910.950.350.810.910.510.670.850.940.870.940.280.960.490.930.080.980.450.880.980.65
0.6-0.10.540.610.680.610.320.320.530.320.670.560.740.630.670.390.610.660.660.30.70.180.440.70.31
0.96-0.531.00.920.910.950.180.890.880.160.850.560.780.650.970.360.960.410.96-0.120.820.360.960.820.63
0.89-0.50.750.920.830.910.360.730.830.580.940.740.780.910.890.240.890.560.850.20.940.440.780.940.55
0.81-0.560.620.870.730.840.260.680.80.480.870.630.650.910.790.080.790.480.740.150.820.40.690.820.51
0.99-0.50.960.980.930.980.280.860.910.290.940.670.970.890.790.360.980.520.98-0.020.910.350.930.910.62
0.290.240.370.250.380.250.08-0.040.35-0.230.280.390.360.240.080.360.310.750.40.460.34-0.160.240.340.22
0.99-0.60.940.990.950.990.260.90.920.370.960.610.960.890.790.980.310.430.98-0.040.940.450.970.940.68
0.440.080.410.450.50.450.520.080.550.10.490.660.410.560.480.520.750.430.510.580.49-0.050.270.490.21
0.97-0.540.960.950.980.960.290.840.910.260.930.660.960.850.740.980.40.980.51-0.050.890.350.940.890.69
-0.040.24-0.150.0-0.04-0.040.09-0.30.20.330.080.3-0.120.20.15-0.020.46-0.040.58-0.050.190.32-0.180.19-0.24
0.92-0.490.790.940.870.920.270.770.870.570.980.70.820.940.820.910.340.940.490.890.190.510.851.00.61
0.44-0.690.310.460.40.420.010.520.550.660.450.180.360.440.40.35-0.160.45-0.050.350.320.510.480.510.34
0.96-0.70.950.940.910.950.150.950.880.270.880.440.960.780.690.930.240.970.270.94-0.180.850.480.850.73
0.92-0.490.790.940.870.920.270.770.870.570.980.70.820.940.820.910.340.940.490.890.191.00.510.850.61
0.65-0.640.620.650.730.640.270.630.570.250.650.310.630.550.510.620.220.680.210.69-0.240.610.340.730.61
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Xiangpiaopiao Food Account Relationship Matchups

Xiangpiaopiao Food fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.7B5.0B5.0B5.2B6.0B3.5B
Other Current Liab377.9M279.6M289.3M7.3M6.6M6.3M
Total Current Liabilities1.8B1.9B1.8B1.8B2.1B1.3B
Total Stockholder Equity2.8B3.0B3.1B3.3B3.9B2.1B
Other Liab75.5M80.5M87.5M78.2M89.9M94.4M
Retained Earnings1.8B1.9B2.1B2.1B2.4B1.3B
Accounts Payable382.5M345.5M493.7M413.8M475.9M477.6M
Cash1.4B2.2B2.5B2.7B3.1B1.6B
Other Assets176.4M213.3M149.8M190.2M218.8M123.6M
Net Receivables26.3M34.6M54.0M57.7M66.4M51.8M
Inventory154.1M156.5M171.6M161.9M186.2M141.4M
Other Current Assets149.3M247.8M65.3M64.9M74.7M102.2M
Total Liab1.9B2.0B1.9B1.9B2.2B1.4B
Intangible Assets199.8M196.7M194.3M189.5M217.9M153.6M
Property Plant Equipment1.4B1.6B1.8B1.6B1.9B995.8M
Short Term Investments858.6M246.8M185.5M231.8M266.6M294.5M
Net Tangible Assets2.3B2.6B2.8B2.9B3.4B2.3B
Deferred Long Term Liab17.4M19.2M4.2M2.8M3.2M3.1M
Non Current Assets Total2.1B2.1B2.1B2.0B2.3B1.8B
Non Currrent Assets Other87.3M6.7M3.7M865.6K779.1K740.1K
Non Current Liabilities Total80.5M87.5M79.6M98.3M113.1M92.8M
Total Current Assets2.7B2.9B3.0B3.3B3.8B2.6B
Net Invested Capital3.6B4.2B4.0B4.4B5.0B3.6B
Net Working Capital864.7M922.3M1.1B1.5B1.7B1.1B
Property Plant And Equipment Net1.6B1.8B1.6B1.5B1.8B1.8B
Property Plant And Equipment Gross2.1B2.4B1.6B2.5B2.9B2.3B

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Other Information on Investing in Xiangpiaopiao Stock

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