TianJin Cost Of Revenue vs Other Operating Expenses Analysis

603712 Stock   20.19  0.05  0.25%   
TianJin 712 financial indicator trend analysis is much more than just breaking down TianJin 712 Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TianJin 712 Communication is a good investment. Please check the relationship between TianJin 712 Cost Of Revenue and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in TianJin 712 Communication. 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 Other Operating Expenses

Cost Of Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TianJin 712 Communication Cost Of Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
Cost Of RevenueOther Operating ExpensesDiversified AwayCost Of RevenueOther Operating ExpensesDiversified Away100%
The correlation between TianJin 712's Cost Of Revenue and Other Operating Expenses is 0.82. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of TianJin 712 Communication, assuming nothing else is changed. The correlation between historical values of TianJin 712's Cost Of Revenue and Other Operating Expenses 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 TianJin 712 Communication are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Cost Of Revenue i.e., TianJin 712's Cost Of Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on TianJin 712 Communication income statement and represents the costs associated with goods and services TianJin 712 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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TianJin 712 Communication. It is also known as TianJin 712 overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from TianJin 712's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TianJin 712 Communication 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 TianJin 712 Communication. 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 December 29, 2024, Selling General Administrative is expected to decline to about 143.5 M. The current year's Tax Provision is expected to grow to about (40.8 M)
 2021 2022 2023 2024 (projected)
Operating Income647.0M826.4M470.5M439.8M
Total Revenue3.5B4.0B3.3B2.5B

TianJin 712 fundamental ratios Correlations

0.270.980.990.830.711.00.890.920.610.950.970.781.00.920.80.90.860.990.920.230.210.3-0.70.99-0.88
0.270.40.21-0.03-0.110.310.090.13-0.220.10.45-0.120.330.450.440.050.20.310.060.48-0.710.48-0.730.21-0.4
0.980.40.960.790.650.990.840.870.540.91.00.760.990.950.810.830.870.970.870.270.080.34-0.770.97-0.89
0.990.210.960.830.750.980.910.920.630.970.950.770.980.890.780.920.830.990.930.210.260.29-0.660.99-0.87
0.83-0.030.790.830.710.820.660.840.910.80.780.710.820.810.570.880.90.810.93-0.050.6-0.05-0.550.86-0.67
0.71-0.110.650.750.710.730.590.850.560.660.620.80.680.480.170.770.70.740.850.060.47-0.26-0.380.78-0.42
1.00.310.990.980.820.730.860.920.570.930.980.81.00.910.770.890.880.980.920.240.160.27-0.720.99-0.86
0.890.090.840.910.660.590.860.750.520.920.820.650.870.760.790.760.570.880.770.410.290.43-0.540.88-0.83
0.920.130.870.920.840.850.920.750.660.870.850.810.90.770.580.970.880.920.970.040.33-0.01-0.550.93-0.65
0.61-0.220.540.630.910.560.570.520.660.630.530.50.590.620.410.750.670.580.78-0.130.78-0.19-0.330.64-0.44
0.950.10.90.970.80.660.930.920.870.630.890.70.930.850.820.90.750.950.880.10.30.35-0.550.94-0.86
0.970.451.00.950.780.620.980.820.850.530.890.710.990.950.820.820.860.960.850.280.040.36-0.80.96-0.9
0.78-0.120.760.770.710.80.80.650.810.50.70.710.780.590.370.730.810.720.790.00.33-0.13-0.280.81-0.5
1.00.330.990.980.820.681.00.870.90.590.930.990.780.940.810.880.870.980.90.250.150.31-0.720.98-0.88
0.920.450.950.890.810.480.910.760.770.620.850.950.590.940.870.790.840.90.810.260.090.45-0.80.89-0.91
0.80.440.810.780.570.170.770.790.580.410.820.820.370.810.870.650.570.780.590.26-0.060.66-0.630.73-0.88
0.90.050.830.920.880.770.890.760.970.750.90.820.730.880.790.650.850.90.97-0.030.430.02-0.490.9-0.67
0.860.20.870.830.90.70.880.570.880.670.750.860.810.870.840.570.850.830.89-0.10.27-0.03-0.610.88-0.67
0.990.310.970.990.810.740.980.880.920.580.950.960.720.980.90.780.90.830.920.250.190.31-0.740.98-0.88
0.920.060.870.930.930.850.920.770.970.780.880.850.790.90.810.590.970.890.920.090.48-0.01-0.580.94-0.69
0.230.480.270.21-0.050.060.240.410.04-0.130.10.280.00.250.260.26-0.03-0.10.250.09-0.20.45-0.480.22-0.31
0.21-0.710.080.260.60.470.160.290.330.780.30.040.330.150.09-0.060.430.270.190.48-0.2-0.470.140.28-0.01
0.30.480.340.29-0.05-0.260.270.43-0.01-0.190.350.36-0.130.310.450.660.02-0.030.31-0.010.45-0.47-0.40.22-0.64
-0.7-0.73-0.77-0.66-0.55-0.38-0.72-0.54-0.55-0.33-0.55-0.8-0.28-0.72-0.8-0.63-0.49-0.61-0.74-0.58-0.480.14-0.4-0.690.78
0.990.210.970.990.860.780.990.880.930.640.940.960.810.980.890.730.90.880.980.940.220.280.22-0.69-0.86
-0.88-0.4-0.89-0.87-0.67-0.42-0.86-0.83-0.65-0.44-0.86-0.9-0.5-0.88-0.91-0.88-0.67-0.67-0.88-0.69-0.31-0.01-0.640.78-0.86
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TianJin 712 Account Relationship Matchups

TianJin 712 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.5B6.9B8.6B9.8B9.8B6.3B
Other Current Liab690.9M1.2B1.4B36.6M87.2M82.8M
Total Current Liabilities2.8B3.7B4.9B5.0B4.2B3.2B
Total Stockholder Equity2.6B3.0B3.6B4.3B4.7B2.9B
Other Liab17.5M17.8M21.7M48.3M55.5M58.3M
Retained Earnings851.4M1.3B1.9B2.3B2.7B1.4B
Accounts Payable1.6B2.3B3.2B3.5B3.2B1.9B
Cash530.1M798.2M397.4M894.0M999.1M576.8M
Other Assets35.1M36.2M44.9M74.0M85.1M44.8M
Long Term Debt183M100M44M400.3M746.5M783.8M
Net Receivables1.8B1.6B2.0B2.8B3.3B1.8B
Inventory2.4B2.8B3.7B3.5B3.1B2.5B
Other Current Assets23.9M53.5M109.4M270.4M119.0M74.6M
Total Liab2.9B3.9B5.0B5.4B5.0B3.4B
Intangible Assets53.5M59.0M65.7M60.8M60.8M60.7M
Property Plant Equipment554.7M579.8M580.8M733.9M844.0M644.6M
Net Tangible Assets2.2B2.5B2.9B3.6B4.1B2.6B
Non Current Assets Total716.9M825.7M1.0B1.0B1.2B945.6M
Non Currrent Assets Other9.1M590.1M1.3M11.3M47.1M44.7M
Non Current Liabilities Total61.8M121.7M86.4M458.0M792.5M832.1M
Deferred Long Term Liab15.7M12.3M15.1M5.0M5.8M5.5M
Short Long Term Debt320M170M110M366.2M300.2M243.1M
Total Current Assets4.7B6.0B7.5B8.8B8.6B6.2B
Net Invested Capital2.9B3.3B3.7B5.1B5.7B4.0B
Net Working Capital1.9B2.3B2.7B3.8B4.4B2.8B

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Other Information on Investing in TianJin Stock

Balance Sheet is a snapshot of the financial position of TianJin 712 Communication at a specified time, usually calculated after every quarter, six months, or one year. TianJin 712 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TianJin 712 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 TianJin currently owns. An asset can also be divided into two categories, current and non-current.