Sino Ebit vs Cost Of Revenue Analysis

688108 Stock   11.00  0.21  1.87%   
Sino Medical financial indicator trend analysis is much more than just breaking down Sino Medical Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sino Medical Sciences is a good investment. Please check the relationship between Sino Medical Ebit and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sino Medical Sciences. 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.

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sino Medical Sciences Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sino Medical's Ebit and Cost Of Revenue is -0.59. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Sino Medical Sciences, assuming nothing else is changed. The correlation between historical values of Sino Medical's Ebit and Cost Of 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 Ebit of Sino Medical Sciences are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., Sino Medical's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Ebit

Cost Of Revenue

Cost of Revenue is found on Sino Medical Sciences income statement and represents the costs associated with goods and services Sino Medical 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.
Most indicators from Sino Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sino Medical Sciences 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 Sino Medical Sciences. 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 Tax Provision is expected to grow to about (23.2 M). In addition to that, Selling General Administrative is expected to decline to about 82.7 M
 2021 2022 2023 2024 (projected)
Gross Profit143.5M121.7M202.2M190.1M
Total Revenue194.4M192.9M343.3M246.2M

Sino Medical fundamental ratios Correlations

-0.580.780.990.921.00.040.830.830.880.450.87-0.640.610.910.7-0.10.720.910.630.850.350.940.980.920.84
-0.58-0.35-0.57-0.45-0.61-0.06-0.44-0.58-0.38-0.69-0.340.27-0.64-0.44-0.320.05-0.47-0.39-0.41-0.640.03-0.42-0.56-0.39-0.57
0.78-0.350.680.790.73-0.520.830.340.920.670.94-0.80.770.930.4-0.030.950.910.870.39-0.080.880.830.890.87
0.99-0.570.680.880.990.170.780.890.80.360.79-0.550.520.840.72-0.10.60.840.530.910.440.890.950.860.76
0.92-0.450.790.880.89-0.070.730.690.920.430.89-0.750.640.890.84-0.280.770.920.650.660.430.960.920.940.86
1.0-0.610.730.990.890.120.810.870.830.420.82-0.570.560.870.68-0.060.670.870.580.890.380.910.970.880.8
0.04-0.06-0.520.17-0.070.12-0.230.47-0.34-0.67-0.340.63-0.65-0.310.230.05-0.53-0.27-0.730.450.74-0.2-0.07-0.23-0.41
0.83-0.440.830.780.730.81-0.230.590.830.510.84-0.670.620.890.440.110.740.850.690.590.070.830.890.830.71
0.83-0.580.340.890.690.870.470.590.510.160.49-0.240.280.580.640.120.290.570.250.950.550.660.770.60.53
0.88-0.380.920.80.920.83-0.340.830.510.560.99-0.880.740.990.59-0.210.90.990.80.50.110.980.930.990.92
0.45-0.690.670.360.430.42-0.670.510.160.560.53-0.660.960.580.11-0.030.740.510.870.21-0.520.50.510.490.75
0.87-0.340.940.790.890.82-0.340.840.490.990.53-0.850.70.990.54-0.150.910.990.790.480.090.970.920.990.9
-0.640.27-0.8-0.55-0.75-0.570.63-0.67-0.24-0.88-0.66-0.85-0.83-0.83-0.480.36-0.81-0.84-0.88-0.20.15-0.82-0.72-0.84-0.85
0.61-0.640.770.520.640.56-0.650.620.280.740.960.7-0.830.740.32-0.150.830.690.940.3-0.360.690.670.680.88
0.91-0.440.930.840.890.87-0.310.890.580.990.580.99-0.830.740.54-0.080.90.990.810.570.080.980.960.980.92
0.7-0.320.40.720.840.680.230.440.640.590.110.54-0.480.320.54-0.530.360.590.280.610.750.680.650.640.5
-0.10.05-0.03-0.1-0.28-0.060.050.110.12-0.21-0.03-0.150.36-0.15-0.08-0.53-0.09-0.14-0.020.05-0.28-0.16-0.05-0.19-0.1
0.72-0.470.950.60.770.67-0.530.740.290.90.740.91-0.810.830.90.36-0.090.880.850.3-0.150.840.80.870.91
0.91-0.390.910.840.920.87-0.270.850.570.990.510.99-0.840.690.990.59-0.140.880.760.560.160.990.951.00.91
0.63-0.410.870.530.650.58-0.730.690.250.80.870.79-0.880.940.810.28-0.020.850.760.27-0.360.750.70.740.89
0.85-0.640.390.910.660.890.450.590.950.50.210.48-0.20.30.570.610.050.30.560.270.520.640.760.570.5
0.350.03-0.080.440.430.380.740.070.550.11-0.520.090.15-0.360.080.75-0.28-0.150.16-0.360.520.250.260.21-0.05
0.94-0.420.880.890.960.91-0.20.830.660.980.50.97-0.820.690.980.68-0.160.840.990.750.640.250.970.990.91
0.98-0.560.830.950.920.97-0.070.890.770.930.510.92-0.720.670.960.65-0.050.80.950.70.760.260.970.950.87
0.92-0.390.890.860.940.88-0.230.830.60.990.490.99-0.840.680.980.64-0.190.871.00.740.570.210.990.950.91
0.84-0.570.870.760.860.8-0.410.710.530.920.750.9-0.850.880.920.5-0.10.910.910.890.5-0.050.910.870.91
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Sino Medical Account Relationship Matchups

Sino Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.1B1.1B1.2B1.0B
Other Current Liab6.3M8.7M12.0M35.5M137.0K130.1K
Total Current Liabilities79.2M92.2M92.6M132.2M151.3M107.5M
Total Stockholder Equity1.1B1.1B927.8M847.1M820.0M863.8M
Other Liab27.9M47.5M37.9M36.1M41.5M31.7M
Net Tangible Assets1.1B993.2M853.9M794.2M913.3M800.5M
Retained Earnings140.8M122.3M(8.4M)(161.3M)(234.7M)(223.0M)
Accounts Payable21.1M20.1M23.4M28.4M28.2M25.0M
Cash638.4M544.7M287.8M203.4M188.6M328.5M
Non Current Assets Total398.7M494.1M672.3M712.7M841.6M511.6M
Non Currrent Assets Other9.1M6.3M14.9M3.1M134.2M140.9M
Other Assets241.0M265.3M392.1M464.1M533.7M268.5M
Net Receivables86.1M65.0M11.2M20.3M8.9M8.5M
Non Current Liabilities Total27.9M47.5M65.4M47.9M172.9M181.5M
Inventory68.4M64.7M84.9M98.1M118.2M74.4M
Other Current Assets5.9M46.5M28.4M15.6M8.9M16.9M
Other Stockholder Equity2.4M309.8K(1.1M)1.5M1.4M800.0K
Total Liab107.1M139.6M157.9M180.1M324.2M164.4M
Deferred Long Term Liab236.0M253.1M333.1M369.2M424.6M235.0M
Total Current Assets806.9M723.4M430.8M354.9M344.2M530.2M
Non Current Liabilities Other12.0M27.4M14.5M11.4M1.5M1.4M
Intangible Assets257.5M309.3M321.0M354.5M378.1M271.5M
Property Plant Equipment116.4M139.2M172.6M176.8M203.3M117.2M
Net Invested Capital1.1B1.1B944.6M893.6M939.5M984.4M
Net Working Capital727.7M631.3M338.2M222.7M192.9M341.4M

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Other Information on Investing in Sino Stock

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