| 001207 Stock | | | 20.30 0.05 0.25% |
Shandong Link financial indicator trend analysis is much more than just breaking down Shandong Link Science prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shandong Link Science is a good investment. Please check the relationship between Shandong Link Operating Income and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shandong Link Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Operating Income vs Total Operating Expenses
Operating Income vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shandong Link Science Operating Income account and
Total Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shandong Link's Operating Income and Total Operating Expenses is 0.44. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Shandong Link Science, assuming nothing else is changed. The correlation between historical values of Shandong Link's Operating Income and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Shandong Link Science are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Operating Income i.e., Shandong Link's Operating Income and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.44 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Shandong Link Science 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 Shandong Link Science is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Shandong Link's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shandong Link Science 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 Shandong Link Science. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Selling General Administrative is expected to grow to about 31.1
M, whereas
Tax Provision is forecasted to decline to about 16.6
M.
Shandong Link fundamental ratios Correlations
Click cells to compare fundamentals
Shandong Link Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shandong Link fundamental ratios Accounts
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Other Information on Investing in Shandong Stock
Balance Sheet is a snapshot of the
financial position of Shandong Link Science at a specified time, usually calculated after every quarter, six months, or one year. Shandong Link Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shandong Link 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 Shandong currently owns. An asset can also be divided into two categories, current and non-current.