Technology Gross Profit from 2010 to 2024

TETE Stock  USD 12.29  0.04  0.33%   
Technology Telecommunicatio's Gross Profit is decreasing over the years with slightly volatile fluctuation. Overall, Gross Profit is projected to go to about -1.6 M this year. Gross Profit is the profit Technology Telecommunication makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-1.7 M
Current Value
-1.6 M
Quarterly Volatility
910.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Technology Telecommunicatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Technology Telecommunicatio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 973.1 K or Other Operating Expenses of 2.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.08. Technology financial statements analysis is a perfect complement when working with Technology Telecommunicatio Valuation or Volatility modules.
  
Check out the analysis of Technology Telecommunicatio Correlation against competitors.

Latest Technology Telecommunicatio's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Technology Telecommunication over the last few years. Gross profit is a required income statement account that reflects total revenue of Technology Telecommunication minus its cost of goods sold. It is profit before Technology Telecommunicatio operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Technology Telecommunicatio's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Technology Telecommunicatio's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Technology Gross Profit Regression Statistics

Arithmetic Mean61,997
Coefficient Of Variation1,468
Mean Deviation702,328
Median500,952
Standard Deviation910,194
Sample Variance828.5B
Range2.3M
R-Value(0.69)
Mean Square Error469.2B
R-Squared0.47
Significance0
Slope(140,137)
Total Sum of Squares11.6T

Technology Gross Profit History

2024-1.6 M
2023-1.7 M
2022-1.8 M

Other Fundumenentals of Technology Telecommunicatio

Technology Telecommunicatio Gross Profit component correlations

1.00.82-0.860.25-0.680.460.66-0.381.00.810.621.0-0.320.811.0-0.38
1.00.78-0.820.2-0.630.40.6-0.361.00.760.661.0-0.260.761.0-0.36
0.820.78-0.980.76-0.970.880.93-0.680.790.940.060.82-0.80.940.82-0.68
-0.86-0.82-0.98-0.680.96-0.82-0.940.55-0.83-0.97-0.16-0.860.75-0.97-0.860.55
0.250.20.76-0.68-0.860.980.8-0.780.220.64-0.60.26-0.980.640.26-0.78
-0.68-0.63-0.970.96-0.86-0.94-0.970.65-0.65-0.930.13-0.680.91-0.93-0.680.65
0.460.40.88-0.820.98-0.940.89-0.790.420.78-0.420.46-0.980.780.46-0.79
0.660.60.93-0.940.8-0.970.89-0.520.620.97-0.090.66-0.860.970.66-0.52
-0.38-0.36-0.680.55-0.780.65-0.79-0.52-0.37-0.440.34-0.380.69-0.44-0.381.0
1.01.00.79-0.830.22-0.650.420.62-0.370.780.641.0-0.280.781.0-0.37
0.810.760.94-0.970.64-0.930.780.97-0.440.780.160.81-0.731.00.81-0.44
0.620.660.06-0.16-0.60.13-0.42-0.090.340.640.160.610.530.160.610.34
1.01.00.82-0.860.26-0.680.460.66-0.381.00.810.61-0.320.811.0-0.38
-0.32-0.26-0.80.75-0.980.91-0.98-0.860.69-0.28-0.730.53-0.32-0.73-0.320.69
0.810.760.94-0.970.64-0.930.780.97-0.440.781.00.160.81-0.730.81-0.44
1.01.00.82-0.860.26-0.680.460.66-0.381.00.810.611.0-0.320.81-0.38
-0.38-0.36-0.680.55-0.780.65-0.79-0.521.0-0.37-0.440.34-0.380.69-0.44-0.38
Click cells to compare fundamentals

About Technology Telecommunicatio Financial Statements

Technology Telecommunicatio stakeholders use historical fundamental indicators, such as Technology Telecommunicatio's Gross Profit, to determine how well the company is positioned to perform in the future. Although Technology Telecommunicatio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Technology Telecommunicatio's assets and liabilities are reflected in the revenues and expenses on Technology Telecommunicatio's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Technology Telecommunication. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit-1.7 M-1.6 M

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When determining whether Technology Telecommunicatio is a strong investment it is important to analyze Technology Telecommunicatio'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 Technology Telecommunicatio's future performance. For an informed investment choice regarding Technology Stock, refer to the following important reports:
Check out the analysis of Technology Telecommunicatio Correlation against competitors.
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Is Asset Management & Custody Banks space 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 Technology Telecommunicatio. If investors know Technology 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 Technology Telecommunicatio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.876
Earnings Share
0.05
Return On Assets
(0.03)
The market value of Technology Telecommunicatio is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Technology Telecommunicatio'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 Technology Telecommunicatio's market value can be influenced by many factors that don't directly affect Technology Telecommunicatio'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 Technology Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology Telecommunicatio'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.