China Selling General Administrative vs Gross Profit Analysis

603993 Stock   7.81  0.62  8.62%   
China Molybdenum financial indicator trend analysis is way more than just evaluating China Molybdenum prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Molybdenum is a good investment. Please check the relationship between China Molybdenum Selling General Administrative and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Molybdenum 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 nation.

Selling General Administrative vs Gross Profit

Selling General Administrative vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Molybdenum Selling General Administrative account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Molybdenum's Selling General Administrative and Gross Profit is 0.74. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit in the same time period over historical financial statements of China Molybdenum Co, assuming nothing else is changed. The correlation between historical values of China Molybdenum's Selling General Administrative 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 Selling General Administrative of China Molybdenum 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 Selling General Administrative i.e., China Molybdenum's Selling General Administrative and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Gross Profit

Gross profit is a required income statement account that reflects total revenue of China Molybdenum Co minus its cost of goods sold. It is profit before China Molybdenum 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 China Molybdenum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Molybdenum 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 China Molybdenum 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 nation.
The current year's Selling General Administrative is expected to grow to about 1 B. The current year's Tax Provision is expected to grow to about 5.6 B
 2022 2023 2024 2025 (projected)
Income Before Tax9.8B13.2B15.2B15.9B
Cost Of Revenue156.9B168.4B193.7B203.4B

China Molybdenum fundamental ratios Correlations

0.960.960.980.970.950.840.940.99-0.070.820.950.341.00.220.90.990.730.740.150.740.750.910.910.890.56
0.960.970.940.980.980.840.890.93-0.30.860.980.340.970.020.780.940.550.830.180.830.720.950.920.920.68
0.960.970.920.930.930.90.850.94-0.310.90.990.50.970.160.830.920.590.75-0.010.770.790.970.930.970.56
0.980.940.920.950.960.770.960.95-0.020.820.920.250.960.120.890.960.670.820.220.730.680.880.890.850.57
0.970.980.930.950.970.840.940.95-0.150.760.950.260.970.090.810.970.630.780.220.820.70.90.90.850.65
0.950.980.930.960.970.790.910.91-0.240.850.950.20.94-0.080.770.930.520.870.250.830.70.940.890.870.72
0.840.840.90.770.840.790.780.83-0.280.70.880.630.870.320.760.810.540.61-0.140.740.710.810.860.840.41
0.940.890.850.960.940.910.780.910.060.680.850.240.920.210.890.930.70.770.190.710.60.770.860.740.49
0.990.930.940.950.950.910.830.91-0.020.770.920.380.990.320.910.990.780.650.130.690.780.870.890.870.5
-0.07-0.3-0.31-0.02-0.15-0.24-0.280.06-0.02-0.39-0.34-0.34-0.120.460.16-0.010.41-0.330.19-0.45-0.28-0.41-0.29-0.41-0.46
0.820.860.90.820.760.850.70.680.77-0.390.90.360.82-0.080.690.750.380.76-0.030.670.680.950.80.940.56
0.950.980.990.920.950.950.880.850.92-0.340.90.440.960.060.770.920.530.820.090.820.760.970.940.970.63
0.340.340.50.250.260.20.630.240.38-0.340.360.440.40.60.370.30.310.16-0.490.250.440.360.490.55-0.13
1.00.970.970.960.970.940.870.920.99-0.120.820.960.40.240.890.990.720.720.10.750.760.920.920.910.55
0.220.020.160.120.09-0.080.320.210.320.46-0.080.060.60.240.460.250.67-0.31-0.38-0.180.24-0.060.160.11-0.48
0.90.780.830.890.810.770.760.890.910.160.690.770.370.890.460.880.790.540.020.510.650.720.770.740.29
0.990.940.920.960.970.930.810.930.99-0.010.750.920.30.990.250.880.770.680.230.720.740.860.880.840.56
0.730.550.590.670.630.520.540.70.780.410.380.530.310.720.670.790.770.210.110.40.60.440.650.490.22
0.740.830.750.820.780.870.610.770.65-0.330.760.820.160.72-0.310.540.680.210.270.770.470.790.780.740.64
0.150.18-0.010.220.220.25-0.140.190.130.19-0.030.09-0.490.1-0.380.020.230.110.270.24-0.040.020.05-0.040.47
0.740.830.770.730.820.830.740.710.69-0.450.670.820.250.75-0.180.510.720.40.770.240.70.790.890.740.88
0.750.720.790.680.70.70.710.60.78-0.280.680.760.440.760.240.650.740.60.47-0.040.70.760.780.80.56
0.910.950.970.880.90.940.810.770.87-0.410.950.970.360.92-0.060.720.860.440.790.020.790.760.880.970.65
0.910.920.930.890.90.890.860.860.89-0.290.80.940.490.920.160.770.880.650.780.050.890.780.880.890.65
0.890.920.970.850.850.870.840.740.87-0.410.940.970.550.910.110.740.840.490.74-0.040.740.80.970.890.54
0.560.680.560.570.650.720.410.490.5-0.460.560.63-0.130.55-0.480.290.560.220.640.470.880.560.650.650.54
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China Molybdenum Account Relationship Matchups

China Molybdenum fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets122.4B137.4B165.0B173.0B198.9B208.9B
Other Current Liab7.6B11.6B12.8B18.1B20.8B21.8B
Total Current Liabilities42.4B50.7B50.1B49.0B56.3B59.1B
Total Stockholder Equity38.9B39.8B51.7B59.5B68.5B71.9B
Other Liab10.9B13.1B23.2B31.6B36.3B38.1B
Retained Earnings10.8B15.2B19.7B24.0B27.6B29.0B
Accounts Payable1.5B4.2B4.0B2.3B2.7B2.8B
Cash16.9B24.3B32.6B30.7B35.3B37.1B
Other Assets8.9B9.2B9.8B12.0B13.8B14.5B
Net Receivables702.2M745.9M800.3M1.1B1.3B2.1B
Short Term Investments7.4B7.1B4.2B8.3B9.5B10.0B
Inventory21.2B27.0B32.3B31.4B36.1B38.0B
Other Current Assets8.8B8.4B10.3B27.9M32.0M30.4M
Total Liab75.1B89.2B103.0B101.0B116.2B122.0B
Intangible Assets21.5B19.4B19.4B658.4M757.1M719.3M
Property Plant Equipment27.2B27.8B29.2B42.0B48.3B50.7B
Long Term Debt19.0B14.8B21.1B20.8B23.9B12.4B
Net Tangible Assets19.7B17.0B20.1B31.8B36.6B38.4B
Other Stockholder Equity(468.3M)(3.6B)(6.4B)1.3B1.2B1.2B
Deferred Long Term Liab137.0M127.5M178.8M217.7M250.3M157.6M
Short Long Term Debt20.5B26.9B20.1B29.7B34.2B35.9B
Total Current Assets57.2B71.0B85.7B83.6B96.2B56.9B
Non Current Assets Total65.2B66.5B79.3B89.3B102.7B75.9B
Non Currrent Assets Other36.1B11.1B10.7B7.9B9.1B13.4B
Good Will396.3M387.2M423.0M430.1M387.1M491.9M
Non Current Liabilities Total32.7B38.5B52.9B52.0B59.8B44.1B
Non Current Liabilities Other6.9B17.0B25.1B5.7M6.6M6.3M
Net Debt22.5B17.4B8.6B19.8B22.7B15.2B
Net Invested Capital78.3B81.5B92.9B110.0B126.5B90.4B
Net Working Capital14.9B20.3B35.6B34.7B39.9B27.3B
Property Plant And Equipment Net27.8B29.2B42.0B70.1B80.6B43.2B
Capital Lease Obligations247.8M233.9M209.3M398.4M458.1M300.0M
Property Plant And Equipment Gross40.4B43.5B60.0B97.2B111.8B61.5B

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Other Information on Investing in China Stock

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