Cabio Operating Income vs Research Development Analysis

688089 Stock   18.28  0.19  1.05%   
Cabio Biotech financial indicator trend analysis is way more than just evaluating Cabio Biotech Wuhan prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cabio Biotech Wuhan is a good investment. Please check the relationship between Cabio Biotech Operating Income and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cabio Biotech Wuhan. 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.

Operating Income vs Research Development

Operating Income vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cabio Biotech Wuhan Operating Income account and Research Development. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cabio Biotech's Operating Income and Research Development is 0.7. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Cabio Biotech Wuhan, assuming nothing else is changed. The correlation between historical values of Cabio Biotech's Operating Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Cabio Biotech Wuhan are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Operating Income i.e., Cabio Biotech's Operating Income and Research Development go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from Cabio Biotech Wuhan operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cabio Biotech Wuhan is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Research Development

Most indicators from Cabio Biotech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cabio Biotech Wuhan 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 Cabio Biotech Wuhan. 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 Tax Provision is expected to grow to about 17.8 M, whereas Selling General Administrative is forecasted to decline to about 35.2 M.
 2022 2023 2024 2025 (projected)
Gross Profit182.7M188.2M216.4M169.2M
Total Revenue433.4M443.8M510.4M353.1M

Cabio Biotech fundamental ratios Correlations

0.591.00.980.810.730.750.710.96-0.760.160.820.58-0.570.890.290.50.891.00.840.89-0.80.830.780.71-0.89
0.590.540.540.840.070.690.230.63-0.550.490.671.00.180.280.750.520.560.560.180.56-0.830.650.790.3-0.6
1.00.540.980.780.760.730.720.96-0.750.120.80.53-0.610.910.240.480.881.00.860.88-0.770.810.750.72-0.89
0.980.540.980.790.690.760.790.95-0.810.130.820.53-0.650.860.270.460.880.980.80.88-0.80.840.770.78-0.91
0.810.840.780.790.380.910.450.83-0.840.310.930.83-0.260.580.580.470.750.80.50.76-0.930.850.860.54-0.83
0.730.070.760.690.380.250.570.59-0.38-0.480.370.06-0.660.96-0.410.590.420.750.980.42-0.220.350.140.58-0.61
0.750.690.730.760.910.250.50.8-0.810.520.990.68-0.250.480.630.110.840.760.420.86-0.930.930.90.58-0.8
0.710.230.720.790.450.570.50.6-0.440.020.510.22-0.530.66-0.070.360.570.720.650.57-0.550.630.440.98-0.77
0.960.630.960.950.830.590.80.6-0.850.280.860.62-0.540.790.440.360.940.960.720.94-0.850.840.860.59-0.8
-0.76-0.55-0.75-0.81-0.84-0.38-0.81-0.44-0.85-0.16-0.85-0.530.6-0.58-0.47-0.25-0.76-0.75-0.5-0.770.8-0.77-0.78-0.460.69
0.160.490.120.130.31-0.480.520.020.28-0.160.430.50.38-0.260.85-0.410.530.14-0.310.52-0.540.510.670.0-0.16
0.820.670.80.820.930.370.990.510.86-0.850.430.66-0.340.580.570.180.870.830.530.89-0.920.930.890.58-0.83
0.581.00.530.530.830.060.680.220.62-0.530.50.660.20.270.750.520.550.550.170.55-0.830.650.790.29-0.6
-0.570.18-0.61-0.65-0.26-0.66-0.25-0.53-0.540.60.38-0.340.2-0.670.24-0.17-0.45-0.57-0.67-0.450.21-0.34-0.21-0.460.44
0.890.280.910.860.580.960.480.660.79-0.58-0.260.580.27-0.67-0.160.590.640.90.990.65-0.470.570.410.67-0.77
0.290.750.240.270.58-0.410.63-0.070.44-0.470.850.570.750.24-0.16-0.120.560.25-0.260.56-0.70.570.81-0.05-0.28
0.50.520.480.460.470.590.110.360.36-0.25-0.410.180.52-0.170.59-0.120.10.480.530.09-0.30.190.140.42-0.51
0.890.560.880.880.750.420.840.570.94-0.760.530.870.55-0.450.640.560.10.890.581.0-0.840.90.910.55-0.77
1.00.561.00.980.80.750.760.720.96-0.750.140.830.55-0.570.90.250.480.890.860.89-0.780.830.760.72-0.9
0.840.180.860.80.50.980.420.650.72-0.5-0.310.530.17-0.670.99-0.260.530.580.860.59-0.380.510.320.66-0.72
0.890.560.880.880.760.420.860.570.94-0.770.520.890.55-0.450.650.560.091.00.890.59-0.840.910.910.55-0.78
-0.8-0.83-0.77-0.8-0.93-0.22-0.93-0.55-0.850.8-0.54-0.92-0.830.21-0.47-0.7-0.3-0.84-0.78-0.38-0.84-0.89-0.95-0.60.79
0.830.650.810.840.850.350.930.630.84-0.770.510.930.65-0.340.570.570.190.90.830.510.91-0.890.880.67-0.83
0.780.790.750.770.860.140.90.440.86-0.780.670.890.79-0.210.410.810.140.910.760.320.91-0.950.880.45-0.72
0.710.30.720.780.540.580.580.980.59-0.460.00.580.29-0.460.67-0.050.420.550.720.660.55-0.60.670.45-0.82
-0.89-0.6-0.89-0.91-0.83-0.61-0.8-0.77-0.80.69-0.16-0.83-0.60.44-0.77-0.28-0.51-0.77-0.9-0.72-0.780.79-0.83-0.72-0.82
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Cabio Biotech Account Relationship Matchups

Cabio Biotech fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.4B1.4B1.6B1.6B1.9B1.2B
Total Current Liabilities52.3M60.0M180.4M112.4M129.3M82.2M
Total Stockholder Equity1.3B1.4B1.4B1.5B1.7B1.1B
Retained Earnings327.9M416.9M375.4M421.3M484.5M291.8M
Accounts Payable24.5M31.4M107.3M70.9M81.5M85.6M
Cash847.3M664.5M494.3M239.7M275.6M458.3M
Non Current Assets Total259.7M453.6M703.5M902.7M1.0B1.1B
Non Currrent Assets Other23.6M74.9M17.5M28.2M32.4M22.2M
Net Receivables128.5M151.1M189.0M214.8M247.0M149.9M
Non Current Liabilities Total7.0M6.7M5.3M5.2M4.7M5.1M
Inventory65.5M74.9M81.5M112.6M129.5M87.9M
Other Current Assets20.9M24.7M41.8M51.3M59.0M61.9M
Total Liab59.3M66.7M185.8M117.6M135.2M89.2M
Total Current Assets1.1B994.9M907.4M708.8M815.1M790.9M
Intangible Assets14.5M13.2M36.3M41.1M47.2M26.8M
Other Current Liab10.3M9.6M22.6M270.6K311.2K295.6K
Net Invested Capital1.3B1.4B1.5B1.5B1.7B1.2B
Net Working Capital1.1B934.9M726.9M596.4M685.8M779.8M
Property Plant And Equipment Net149.5M241.9M486.0M643.3M739.8M370.6M
Property Plant And Equipment Gross406.0M513.7M486.0M970.2M1.1B610.7M

Currently Active Assets on Macroaxis

Other Information on Investing in Cabio Stock

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