China Cost Of Revenue vs Depreciation And Amortization Analysis

CHNR Stock  USD 0.96  0.03  3.03%   
China Natural financial indicator trend analysis is way more than just evaluating China Natural Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Natural Resources is a good investment. Please check the relationship between China Natural Cost Of Revenue and its Depreciation And Amortization accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Cost Of Revenue vs Depreciation And Amortization

Cost Of Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Natural Resources Cost Of Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between China Natural's Cost Of Revenue and Depreciation And Amortization is -0.1. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of China Natural Resources, assuming nothing else is changed. The correlation between historical values of China Natural's Cost Of Revenue and Depreciation And Amortization 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 China Natural Resources are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Cost Of Revenue i.e., China Natural's Cost Of Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

-0.1
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on China Natural Resources income statement and represents the costs associated with goods and services China Natural 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from China Natural's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Natural Resources 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 Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, China Natural's Selling General Administrative is relatively stable compared to the past year. As of 05/24/2024, Sales General And Administrative To Revenue is likely to grow to 1.71, while Tax Provision is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation2.8M2.5M1.6M1.7M
Interest Income16.9M15.6M5K4.8K

China Natural fundamental ratios Correlations

0.030.26-0.21-0.160.080.390.29-0.070.250.130.36-0.120.02-0.310.33-0.14-0.320.290.040.39-0.340.14-0.120.07-0.44
0.030.720.730.860.810.730.680.590.70.790.710.120.70.190.790.280.59-0.250.990.730.670.680.26-0.15-0.14
0.260.720.060.290.910.970.990.70.970.910.960.20.820.360.950.43-0.11-0.120.650.970.010.920.46-0.24-0.05
-0.210.730.060.970.240.090.00.160.030.260.07-0.050.21-0.110.190.020.96-0.240.790.090.960.11-0.03-0.02-0.15
-0.160.860.290.970.440.30.230.360.250.490.290.00.41-0.020.390.170.9-0.270.910.30.930.350.07-0.12-0.14
0.080.810.910.240.440.890.90.730.920.840.90.340.80.30.910.420.1-0.180.740.890.210.810.4-0.16-0.06
0.390.730.970.090.30.890.980.560.960.810.990.230.740.260.990.23-0.11-0.060.671.0-0.010.80.42-0.06-0.08
0.290.680.990.00.230.90.980.650.970.860.970.240.790.350.950.36-0.17-0.110.60.98-0.060.890.47-0.18-0.03
-0.070.590.70.160.360.730.560.650.650.830.53-0.050.720.160.560.840.18-0.330.520.560.280.86-0.02-0.770.1
0.250.70.970.030.250.920.960.970.650.840.950.20.740.430.970.34-0.13-0.090.620.96-0.010.810.4-0.16-0.08
0.130.790.910.260.490.840.810.860.830.840.790.020.850.40.820.650.17-0.170.730.810.290.950.35-0.48-0.12
0.360.710.960.070.290.90.990.970.530.950.790.350.710.270.980.21-0.13-0.030.650.99-0.040.780.520.02-0.12
-0.120.120.2-0.050.00.340.230.24-0.050.20.020.35-0.070.030.21-0.07-0.180.220.090.23-0.180.090.70.5-0.28
0.020.70.820.210.410.80.740.790.720.740.850.71-0.070.290.740.480.11-0.380.640.740.240.850.28-0.350.23
-0.310.190.36-0.11-0.020.30.260.350.160.430.40.270.030.290.290.17-0.130.00.120.26-0.030.280.52-0.01-0.18
0.330.790.950.190.390.910.990.950.560.970.820.980.210.740.290.21-0.01-0.080.740.990.090.770.39-0.05-0.1
-0.140.280.430.020.170.420.230.360.840.340.650.21-0.070.480.170.210.1-0.130.220.230.180.69-0.02-0.83-0.03
-0.320.59-0.110.960.90.1-0.11-0.170.18-0.130.17-0.13-0.180.11-0.13-0.010.1-0.280.66-0.110.990.02-0.22-0.17-0.09
0.29-0.25-0.12-0.24-0.27-0.18-0.06-0.11-0.33-0.09-0.17-0.030.22-0.380.0-0.08-0.13-0.28-0.24-0.06-0.32-0.220.170.29-0.36
0.040.990.650.790.910.740.670.60.520.620.730.650.090.640.120.740.220.66-0.240.670.730.610.23-0.12-0.15
0.390.730.970.090.30.891.00.980.560.960.810.990.230.740.260.990.23-0.11-0.060.67-0.010.80.42-0.06-0.08
-0.340.670.010.960.930.21-0.01-0.060.28-0.010.29-0.04-0.180.24-0.030.090.180.99-0.320.73-0.010.13-0.15-0.22-0.08
0.140.680.920.110.350.810.80.890.860.810.950.780.090.850.280.770.690.02-0.220.610.80.130.36-0.530.02
-0.120.260.46-0.030.070.40.420.47-0.020.40.350.520.70.280.520.39-0.02-0.220.170.230.42-0.150.360.43-0.24
0.07-0.15-0.24-0.02-0.12-0.16-0.06-0.18-0.77-0.16-0.480.020.5-0.35-0.01-0.05-0.83-0.170.29-0.12-0.06-0.22-0.530.43-0.17
-0.44-0.14-0.05-0.15-0.14-0.06-0.08-0.030.1-0.08-0.12-0.12-0.280.23-0.18-0.1-0.03-0.09-0.36-0.15-0.08-0.080.02-0.24-0.17
Click cells to compare fundamentals

China Natural Account Relationship Matchups

China Natural fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding5.6M6.3M8.1M1.6M8.2M12.0M
Total Assets8.3M142.4M333.4M320.0M253.8M241.1M
Short Long Term Debt Total803K1.1M79.2M76.9M360K342K
Other Current Liab31.2M28.6M47.4M39.0M177.2M176.5M
Total Current Liabilities35.9M30.9M73.7M64.7M177.8M244.8M
Total Stockholder Equity(27.6M)101.2M74.7M67.8M76.0M140.8M
Property Plant And Equipment Net830K1.2M3.1M3.4M399K379.1K
Net Debt(2.6M)(1.4M)20.8M45.2M(4.4M)(4.2M)
Retained Earnings(1.0B)(1.0B)(1.1B)(1.1B)(1.1B)(1.1B)
Accounts Payable215K100K3.9M21.1M20.3M95K
Cash3.4M2.5M58.4M31.7M4.8M4.5M
Non Current Assets Total830K1.2M123.9M123.0M247.9M347.3M
Non Currrent Assets Other(799K)(3.6M)10K100.2M247.5M259.9M
Cash And Short Term Investments3.4M141.1M59.4M32.7M4.8M4.5M
Net Receivables4.0M10K140.5M157.6M3K2.9K
Liabilities And Stockholders Equity8.3M142.4M333.4M320.0M253.8M241.1M
Non Current Liabilities Total100K30M10.3M77.8M77.9M0.0
Inventory(4.0M)(7.4M)986K729K(3K)(2.9K)
Other Current Assets4.0M7.5M4.9M3.2M1.1M1.1M
Other Stockholder Equity689.8M689.6M(1.0)708.3M814.5M855.3M
Total Liab35.9M41.2M151.4M142.5M177.8M168.9M
Property Plant And Equipment Gross830K1.2M6.8M7.3M2.0M1.9M
Accumulated Other Comprehensive Income688.6M713.6M708.3M726.0M748.1M785.5M
Short Term Debt803K745K4.0M4.3M360K342K
Intangible Assets799K643K20.2M19.4M22.3M23.4M
Short Term Investments21K20K138.7M1M3K2.9K
Property Plant Equipment275K830K1.2M3.1M3.5M3.3M
Long Term Debt30M77M74M71M81.7M85.7M
Net Tangible Assets(21.8M)(27.6M)101.2M54.5M49.0M51.5M
Capital Lease Obligations803K1.1M2.2M2.9M360K342K
Net Invested Capital(27.6M)101.2M148.7M141.8M76.0M63.3M
Net Working Capital(28.4M)110.3M135.9M132.3M(171.9M)(163.3M)

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When determining whether China Natural Resources is a strong investment it is important to analyze China Natural's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact China Natural's future performance. For an informed investment choice regarding China Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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Is China Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Natural. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.14)
Revenue Per Share
2.009
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.03)
Return On Equity
(0.07)
The market value of China Natural Resources is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Natural's value that differs from its market value or its book value, called intrinsic value, which is China Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Natural's market value can be influenced by many factors that don't directly affect China Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.