300942 Stock | | | 8.48 0.50 5.57% |
Shenzhen Bioeasy financial indicator trend analysis is much more than just breaking down Shenzhen Bioeasy Bio prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Bioeasy Bio is a good investment. Please check the relationship between Shenzhen Bioeasy Cost Of Revenue and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Bioeasy Biotechnology. 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.
Cost Of Revenue vs Selling General Administrative
Cost Of Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Bioeasy Bio Cost Of Revenue account and
Selling General Administrative. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shenzhen Bioeasy's Cost Of Revenue and Selling General Administrative is 0.86. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Shenzhen Bioeasy Biotechnology, assuming nothing else is changed. The correlation between historical values of Shenzhen Bioeasy's Cost Of Revenue and Selling General Administrative 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 Shenzhen Bioeasy Biotechnology are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Cost Of Revenue i.e., Shenzhen Bioeasy's Cost Of Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Shenzhen Bioeasy Bio income statement and represents the costs associated with goods and services Shenzhen Bioeasy 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.
Selling General Administrative
Most indicators from Shenzhen Bioeasy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Bioeasy Bio 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 Shenzhen Bioeasy Biotechnology. 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 14
M, whereas Selling General Administrative is forecasted to decline to about 76.7
M.
Shenzhen Bioeasy fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Bioeasy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Bioeasy fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Bioeasy Bio at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Bioeasy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Bioeasy 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.