000889 Stock | | | 2.29 0.05 2.23% |
ZJBC Information financial indicator trend analysis is more than just analyzing ZJBC Information Tec current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZJBC Information Tec is a good investment. Please check the relationship between ZJBC Information Other Operating Expenses and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ZJBC Information Technology. 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.
Other Operating Expenses vs Research Development
Other Operating Expenses vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ZJBC Information Tec Other Operating Expenses account and
Research Development. At this time, the significance of the direction appears to have pay attention.
The correlation between ZJBC Information's Other Operating Expenses and Research Development is -0.82. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of ZJBC Information Technology, assuming nothing else is changed. The correlation between historical values of ZJBC Information's Other Operating Expenses and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of ZJBC Information Technology are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Other Operating Expenses i.e., ZJBC Information's Other Operating Expenses and Research Development go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of ZJBC Information Tec. It is also known as ZJBC Information overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Research Development
Most indicators from ZJBC Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZJBC Information Tec 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 ZJBC Information Technology. 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.
The current year's
Selling General Administrative is expected to grow to about 103.8
M, whereas
Tax Provision is forecasted to decline to about 3.8
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Research Development | 66.4M | 60.1M | 50.2M | 63.9M | Minority Interest | 48.6K | 136.3K | 180.6K | 313.2K |
ZJBC Information fundamental ratios Correlations
Click cells to compare fundamentals
ZJBC Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ZJBC Information fundamental ratios Accounts
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Other Information on Investing in ZJBC Stock
Balance Sheet is a snapshot of the
financial position of ZJBC Information Tec at a specified time, usually calculated after every quarter, six months, or one year. ZJBC Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ZJBC Information 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 ZJBC currently owns. An asset can also be divided into two categories, current and non-current.