Skycorp Operating Income from 2010 to 2026

PN Stock   0.52  0.04  8.33%   
Skycorp Solar Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to drop to about 958.9 K. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Skycorp Solar Group generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2010-12-31
Previous Quarter
M
Current Value
958.9 K
Quarterly Volatility
904.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Skycorp Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skycorp Solar's main balance sheet or income statement drivers, such as Tax Provision of 93.9 K, Interest Income of 34.9 K or Depreciation And Amortization of 309.9 K, as well as many indicators such as Price To Sales Ratio of 2.49, Dividend Yield of 0.0 or PTB Ratio of 8.05. Skycorp financial statements analysis is a perfect complement when working with Skycorp Solar Valuation or Volatility modules.
  
Build AI portfolio with Skycorp Stock
Check out the analysis of Skycorp Solar Correlation against competitors.
Evaluating Skycorp Solar's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Skycorp Solar Group's fundamental strength.

Latest Skycorp Solar's Operating Income Growth Pattern

Below is the plot of the Operating Income of Skycorp Solar Group over the last few years. Operating Income is the amount of profit realized from Skycorp Solar Group 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 Skycorp Solar Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Skycorp Solar's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skycorp Solar's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Skycorp Operating Income Regression Statistics

Arithmetic Mean2,623,307
Geometric Mean2,405,646
Coefficient Of Variation34.48
Mean Deviation739,049
Median3,133,381
Standard Deviation904,474
Sample Variance818.1B
Range2.2M
R-Value(0.76)
Mean Square Error362.8B
R-Squared0.58
Significance0.0004
Slope(136,905)
Total Sum of Squares13.1T

Skycorp Operating Income History

2026958.9 K
2025M
20231.1 M
20222.7 M
20213.2 M

About Skycorp Solar Financial Statements

Skycorp Solar investors utilize fundamental indicators, such as Operating Income, to predict how Skycorp Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating IncomeM958.9 K

Pair Trading with Skycorp Solar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skycorp Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skycorp Solar will appreciate offsetting losses from the drop in the long position's value.

Moving against Skycorp Stock

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The ability to find closely correlated positions to Skycorp Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skycorp Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skycorp Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skycorp Solar Group to buy it.
The correlation of Skycorp Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skycorp Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skycorp Solar Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skycorp Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Skycorp Solar Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Electrical Components & Equipment sector continue expanding? Could Skycorp diversify its offerings? Factors like these will boost the valuation of Skycorp Solar. Anticipated expansion of Skycorp directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Skycorp Solar data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.93)
Revenue Per Share
2.05
Quarterly Revenue Growth
0.075
Return On Assets
0.0182
Return On Equity
0.0446
Understanding Skycorp Solar Group requires distinguishing between market price and book value, where the latter reflects Skycorp's accounting equity. The concept of intrinsic value - what Skycorp Solar's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Skycorp Solar's price substantially above or below its fundamental value.
It's important to distinguish between Skycorp Solar's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Skycorp Solar should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Skycorp Solar's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.