002878 Stock | | | 16.12 1.47 10.03% |
Beijing Yuanlong financial indicator trend analysis is way more than just evaluating Beijing Yuanlong Yato prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Yuanlong Yato is a good investment. Please check the relationship between Beijing Yuanlong Ebit and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Yuanlong Yato. 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.
Ebit vs Gross Profit
Ebit vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Yuanlong Yato Ebit account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing Yuanlong's Ebit and Gross Profit is 0.85. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Beijing Yuanlong Yato, assuming nothing else is changed. The correlation between historical values of Beijing Yuanlong's Ebit 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 Ebit of Beijing Yuanlong Yato 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 Ebit i.e., Beijing Yuanlong's Ebit and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Ebit
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Beijing Yuanlong Yato minus its cost of goods sold. It is profit before Beijing Yuanlong 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 Beijing Yuanlong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Yuanlong Yato 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 Beijing Yuanlong Yato. 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
Tax Provision is expected to grow to about (5
M). In addition to that,
Selling General Administrative is expected to decline to about 154.5
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 497.8M | 656.6M | 416.1M | 411.2M | Total Revenue | 2.3B | 3.3B | 2.7B | 2.0B |
Beijing Yuanlong fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Yuanlong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Yuanlong 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 Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Yuanlong Yato at a specified time, usually calculated after every quarter, six months, or one year. Beijing Yuanlong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Yuanlong 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.