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 Selling General Administrative and its Net Income 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.
Selling General Administrative vs Net Income
Selling General Administrative vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Bioeasy Bio Selling General Administrative account and
Net Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Shenzhen Bioeasy's Selling General Administrative and Net Income is 0.02. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Net Income 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 Selling General Administrative 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 Selling General Administrative of Shenzhen Bioeasy Biotechnology 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 Selling General Administrative i.e., Shenzhen Bioeasy's Selling General Administrative and Net Income go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Selling General Administrative
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Shenzhen Bioeasy Bio financial statement analysis. It represents the amount of money remaining after all of Shenzhen Bioeasy Biotechnology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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
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 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.