| 300076 Stock | | | 6.86 0.48 7.52% |
Ningbo GQY financial indicator trend analysis is infinitely more than just investigating Ningbo GQY Video recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo GQY Video is a good investment. Please check the relationship between Ningbo GQY End Period Cash Flow and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo GQY Video. 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.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ningbo GQY Video End Period Cash Flow account and
Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ningbo GQY's End Period Cash Flow and Net Income is 0.68. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income in the same time period over historical financial statements of Ningbo GQY Video, assuming nothing else is changed. The correlation between historical values of Ningbo GQY's End Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Ningbo GQY Video are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., Ningbo GQY's End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.68 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Ningbo GQY Video financial statement analysis. It represents the amount of money remaining after all of Ningbo GQY Video operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Ningbo GQY's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo GQY Video 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 Ningbo GQY Video. 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.
As of November 22, 2024,
Selling General Administrative is expected to decline to about 17
M. The current year's
Tax Provision is expected to grow to about (2.5
M)
Ningbo GQY fundamental ratios Correlations
Click cells to compare fundamentals
Ningbo GQY Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ningbo GQY fundamental ratios Accounts
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Other Information on Investing in Ningbo Stock
Balance Sheet is a snapshot of the
financial position of Ningbo GQY Video at a specified time, usually calculated after every quarter, six months, or one year. Ningbo GQY Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo GQY 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.