300474 Stock | | | 109.00 5.00 4.81% |
Changsha Jingjia financial indicator trend analysis is way more than just evaluating Changsha Jingjia Mic prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Changsha Jingjia Mic is a good investment. Please check the relationship between Changsha Jingjia Total Revenue and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Changsha Jingjia Microelectronics. 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.
Total Revenue vs Other Operating Expenses
Total Revenue vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Changsha Jingjia Mic Total Revenue account and
Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Changsha Jingjia's Total Revenue and Other Operating Expenses is 0.74. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Changsha Jingjia Microelectronics, assuming nothing else is changed. The correlation between historical values of Changsha Jingjia's Total Revenue and Other 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 Total Revenue of Changsha Jingjia Microelectronics are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Changsha Jingjia's Total Revenue and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Changsha Jingjia Mic 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.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Changsha Jingjia Mic. It is also known as Changsha Jingjia overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Changsha Jingjia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Changsha Jingjia Mic 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 Changsha Jingjia Microelectronics. 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 December 27, 2024,
Selling General Administrative is expected to decline to about 63.2
M. The current year's
Tax Provision is expected to grow to about (67.6
M)
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 298.1M | 319.1M | 18.8M | 17.9M | Total Revenue | 1.1B | 1.2B | 713.2M | 505.8M |
Changsha Jingjia fundamental ratios Correlations
Click cells to compare fundamentals
Changsha Jingjia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Changsha Jingjia fundamental ratios Accounts
Also Currently Popular
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 Changsha Stock
Balance Sheet is a snapshot of the
financial position of Changsha Jingjia Mic at a specified time, usually calculated after every quarter, six months, or one year. Changsha Jingjia Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Changsha Jingjia 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 Changsha currently owns. An asset can also be divided into two categories, current and non-current.