Shanghai Total Operating Expenses vs Total Revenue Analysis

688085 Stock   23.12  1.12  5.09%   
Shanghai Sanyou financial indicator trend analysis is much more than just breaking down Shanghai Sanyou Medical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Sanyou Medical is a good investment. Please check the relationship between Shanghai Sanyou Total Operating Expenses and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Sanyou Medical. 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.

Total Operating Expenses vs Total Revenue

Total Operating Expenses vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Sanyou Medical Total Operating Expenses account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between Shanghai Sanyou's Total Operating Expenses and Total Revenue is 1.0. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shanghai Sanyou Medical, assuming nothing else is changed. The correlation between historical values of Shanghai Sanyou's Total Operating Expenses and Total 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 Total Operating Expenses of Shanghai Sanyou Medical are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Total Operating Expenses i.e., Shanghai Sanyou's Total Operating Expenses and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Shanghai Sanyou Medical generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Shanghai Sanyou's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Sanyou Medical 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 Shanghai Sanyou Medical. 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 190.5 M, whereas Tax Provision is forecasted to decline to about 17.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit537.0M585.4M368.1M348.1M
Total Revenue593.4M649.2M460.4M396.7M

Shanghai Sanyou fundamental ratios Correlations

0.961.00.930.650.830.860.720.750.950.97-0.10.960.930.60.790.580.880.990.970.970.981.00.870.960.89
0.960.950.920.60.770.860.690.830.970.930.031.00.860.70.720.70.860.910.960.890.950.940.770.870.88
1.00.950.920.650.830.850.70.740.940.96-0.130.950.940.60.790.570.870.990.960.970.971.00.890.960.88
0.930.920.920.770.940.980.880.620.920.940.030.920.810.420.920.420.990.90.930.950.940.930.750.920.99
0.650.60.650.770.80.730.690.340.510.670.160.590.63-0.010.83-0.080.760.670.690.720.740.650.590.70.81
0.830.770.830.940.80.950.850.340.770.85-0.050.770.720.140.990.160.960.820.820.920.830.850.70.890.95
0.860.860.850.980.730.950.920.490.880.910.050.870.690.30.950.340.990.810.890.910.870.870.610.880.99
0.720.690.70.880.690.850.920.310.760.820.120.70.510.110.890.130.910.680.770.830.750.730.450.80.9
0.750.830.740.620.340.340.490.310.770.63-0.030.830.780.930.290.860.50.70.710.560.720.710.690.540.55
0.950.970.940.920.510.770.880.760.770.94-0.040.980.810.670.730.690.880.90.950.90.930.940.720.890.88
0.970.930.960.940.670.850.910.820.630.940.060.940.810.460.840.470.910.940.990.970.980.960.730.980.92
-0.10.03-0.130.030.16-0.050.050.12-0.03-0.040.060.02-0.24-0.13-0.01-0.050.0-0.130.11-0.090.08-0.11-0.3-0.080.08
0.961.00.950.920.590.770.870.70.830.980.940.020.860.70.730.70.870.910.960.890.950.950.770.880.88
0.930.860.940.810.630.720.690.510.780.810.81-0.240.860.640.660.570.730.950.830.860.870.940.980.840.75
0.60.70.60.42-0.010.140.30.110.930.670.46-0.130.70.640.060.970.30.540.530.390.520.570.570.380.33
0.790.720.790.920.830.990.950.890.290.730.84-0.010.730.660.060.080.960.780.80.90.810.810.630.870.95
0.580.70.570.42-0.080.160.340.130.860.690.47-0.050.70.570.970.080.320.510.530.380.50.550.50.370.33
0.880.860.870.990.760.960.990.910.50.880.910.00.870.730.30.960.320.840.890.930.890.890.670.90.99
0.990.910.990.90.670.820.810.680.70.90.94-0.130.910.950.540.780.510.840.940.970.960.990.920.960.85
0.970.960.960.930.690.820.890.770.710.950.990.110.960.830.530.80.530.890.940.940.990.950.740.950.91
0.970.890.970.950.720.920.910.830.560.90.97-0.090.890.860.390.90.380.930.970.940.950.980.820.990.93
0.980.950.970.940.740.830.870.750.720.930.980.080.950.870.520.810.50.890.960.990.950.960.80.950.92
1.00.941.00.930.650.850.870.730.710.940.96-0.110.950.940.570.810.550.890.990.950.980.960.890.970.89
0.870.770.890.750.590.70.610.450.690.720.73-0.30.770.980.570.630.50.670.920.740.820.80.890.80.68
0.960.870.960.920.70.890.880.80.540.890.98-0.080.880.840.380.870.370.90.960.950.990.950.970.80.9
0.890.880.880.990.810.950.990.90.550.880.920.080.880.750.330.950.330.990.850.910.930.920.890.680.9
Click cells to compare fundamentals

Shanghai Sanyou Account Relationship Matchups

Shanghai Sanyou fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets551.5M1.7B2.0B2.2B2.3B1.3B
Total Current Liabilities106.6M123.7M234.9M245.0M194.4M138.1M
Total Stockholder Equity437.8M1.5B1.7B1.8B1.9B1.1B
Retained Earnings156.9M275.4M425.7M579.2M581.5M610.5M
Accounts Payable67.6M65.8M20.3M28.1M100.7M105.7M
Cash37.5M262.5M382.3M340.4M654.4M687.1M
Non Current Assets Total208.8M229.7M846.6M1.2B1.3B1.4B
Non Currrent Assets Other8.0M6.3M6.9M170.6M158.4M166.3M
Net Receivables172.7M196.4M248.9M275.4M61.5M58.4M
Non Current Liabilities Total7.1M12.6M26.0M33.3M24.3M16.3M
Inventory68.2M93.2M121.5M155.1M176.7M102.9M
Other Current Assets64.2M4.6M14.9M27.7M28.8M23.7M
Total Liab113.7M136.2M260.9M278.3M218.8M154.4M
Total Current Assets342.6M1.4B1.2B994.4M946.3M762.8M
Non Current Liabilities Other5.3M7.8M12.6M12.6M719.4K683.5K
Intangible Assets1.5M23.8M32.8M41.0M85.6M89.9M
Other Current Liab27.0M32.3M89.5M81.8M616.6K585.8K
Other Liab7.1M12.6M23.5M31.0M35.6M37.4M
Net Tangible Assets414.9M1.5B1.3B1.5B1.7B977.4M
Other Assets36.3M40.1M59.9M70.1M80.6M42.8M
Deferred Long Term Liab16.2M20.2M22.7M26.2M30.1M18.8M
Net Invested Capital437.8M1.5B1.7B1.8B1.9B1.3B
Net Working Capital236.1M1.3B915.7M749.4M751.9M694.8M
Property Plant Equipment140.6M155.9M256.3M345.4M397.2M417.1M

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Other Information on Investing in Shanghai Stock

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