002709 Stock | | | 24.97 1.19 5.00% |
Guangzhou Tinci financial indicator trend analysis is much more than just examining Guangzhou Tinci Materials latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Tinci Materials is a good investment. Please check the relationship between Guangzhou Tinci Cost Of Revenue and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Tinci Materials. 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.
Cost Of Revenue vs Net Income From Continuing Ops
Cost Of Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Tinci Materials Cost Of Revenue account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangzhou Tinci's Cost Of Revenue and Net Income From Continuing Ops is 0.84. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Guangzhou Tinci Materials, assuming nothing else is changed. The correlation between historical values of Guangzhou Tinci's Cost Of Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Guangzhou Tinci Materials are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Cost Of Revenue i.e., Guangzhou Tinci's Cost Of Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Guangzhou Tinci Materials income statement and represents the costs associated with goods and services Guangzhou Tinci provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Net Income From Continuing Ops
Most indicators from Guangzhou Tinci's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Tinci Materials 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 Guangzhou Tinci Materials. 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 589.8
M, whereas
Tax Provision is forecasted to decline to about 312
M.
Guangzhou Tinci fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Tinci Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Tinci fundamental ratios Accounts
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Other Information on Investing in Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Tinci Materials at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Tinci Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Tinci 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.