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 Ebitda and its Total Revenue 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.
Ebitda vs Total Revenue
Ebitda vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Tinci Materials Ebitda account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangzhou Tinci's Ebitda and Total Revenue is 0.94. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Revenue 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 Ebitda and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Guangzhou Tinci Materials are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebitda i.e., Guangzhou Tinci's Ebitda and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Total Revenue
Total revenue comprises all receipts Guangzhou Tinci Materials generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 3.0B | 6.8B | 2.7B | 2.8B | Total Revenue | 11.1B | 22.3B | 15.4B | 16.2B |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.