000596 Stock | | | 189.80 2.89 1.55% |
Anhui Gujing financial indicator trend analysis is way more than just evaluating Anhui Gujing Distillery prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anhui Gujing Distillery is a good investment. Please check the relationship between Anhui Gujing Total Other Income Expense Net and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anhui Gujing Distillery. 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.
Total Other Income Expense Net vs Gross Profit
Total Other Income Expense Net vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anhui Gujing Distillery Total Other Income Expense Net account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Anhui Gujing's Total Other Income Expense Net and Gross Profit is 0.85. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Anhui Gujing Distillery, assuming nothing else is changed. The correlation between historical values of Anhui Gujing's Total Other Income Expense Net and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Anhui Gujing Distillery are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Other Income Expense Net i.e., Anhui Gujing's Total Other Income Expense Net and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Other Income Expense Net
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Anhui Gujing Distillery minus its cost of goods sold. It is profit before Anhui Gujing operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Anhui Gujing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anhui Gujing Distillery 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 Anhui Gujing Distillery. 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.
As of November 26, 2024,
Selling General Administrative is expected to decline to about 3.8
B. In addition to that,
Tax Provision is expected to decline to about 868.7
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 10.0B | 12.9B | 16.0B | 9.2B | Total Revenue | 13.3B | 16.7B | 20.3B | 12.0B |
Anhui Gujing fundamental ratios Correlations
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Anhui Gujing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anhui Gujing fundamental ratios Accounts
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Other Information on Investing in Anhui Stock
Balance Sheet is a snapshot of the
financial position of Anhui Gujing Distillery at a specified time, usually calculated after every quarter, six months, or one year. Anhui Gujing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anhui Gujing 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 Anhui currently owns. An asset can also be divided into two categories, current and non-current.