Shanghai Total Revenue vs Selling General Administrative Analysis

301099 Stock   42.80  1.29  3.11%   
Shanghai Yct financial indicator trend analysis is much more than just breaking down Shanghai Yct Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Yct Electronics is a good investment. Please check the relationship between Shanghai Yct Total Revenue and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Yct Electronics. 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 Selling General Administrative

Total Revenue vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai Yct Electronics Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have totally related.
The correlation between Shanghai Yct's Total Revenue and Selling General Administrative is 1.0. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Shanghai Yct Electronics, assuming nothing else is changed. The correlation between historical values of Shanghai Yct's Total 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 Total Revenue of Shanghai Yct Electronics 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 Total Revenue i.e., Shanghai Yct's Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Shanghai Yct Electronics 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.

Selling General Administrative

Most indicators from Shanghai Yct's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Yct Electronics 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 Shanghai Yct Electronics. 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 24.3 M, whereas Selling General Administrative is forecasted to decline to about 79.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense13.4M17.5M29.9M25.6M
Interest Income205.0K1.6M3.2M3.3M

Shanghai Yct fundamental ratios Correlations

-0.770.970.950.960.97-0.120.930.911.00.920.810.930.740.970.990.991.00.950.920.920.950.920.970.970.75
-0.77-0.66-0.85-0.84-0.880.65-0.78-0.71-0.77-0.92-0.88-0.7-0.91-0.65-0.81-0.76-0.8-0.82-0.85-0.71-0.73-0.69-0.72-0.75-0.57
0.97-0.660.870.870.910.080.830.920.980.810.710.920.660.990.940.990.950.860.810.930.960.940.980.970.74
0.95-0.850.870.980.99-0.360.950.840.950.980.840.910.840.850.970.920.970.990.990.850.880.850.90.910.66
0.96-0.840.870.980.96-0.350.990.830.940.980.920.830.740.880.980.930.980.990.990.80.860.790.870.90.75
0.97-0.880.910.990.96-0.310.920.880.970.970.830.940.870.890.980.950.980.960.950.90.920.910.950.940.66
-0.120.650.08-0.36-0.35-0.31-0.330.02-0.1-0.49-0.52-0.07-0.540.08-0.22-0.08-0.19-0.33-0.430.030.010.03-0.01-0.030.01
0.93-0.780.830.950.990.92-0.330.790.90.950.910.780.660.860.960.90.950.990.980.750.830.720.820.870.77
0.91-0.710.920.840.830.880.020.790.930.810.720.860.680.910.890.920.90.850.790.980.990.890.930.980.86
1.0-0.770.980.950.940.97-0.10.90.930.910.790.950.770.960.980.990.990.940.910.940.970.940.990.980.74
0.92-0.920.810.980.980.97-0.490.950.810.910.920.830.850.810.960.890.950.970.990.80.840.780.850.870.68
0.81-0.880.710.840.920.83-0.520.910.720.790.920.590.650.750.870.810.840.880.890.640.730.570.680.770.78
0.93-0.70.920.910.830.94-0.070.780.860.950.830.590.840.870.90.910.920.850.830.930.910.980.970.910.53
0.74-0.910.660.840.740.87-0.540.660.680.770.850.650.840.60.760.720.760.760.790.750.710.80.780.710.34
0.97-0.650.990.850.880.890.080.860.910.960.810.750.870.60.940.980.950.860.820.90.950.890.950.960.79
0.99-0.810.940.970.980.98-0.220.960.890.980.960.870.90.760.940.981.00.980.960.880.930.880.940.960.76
0.99-0.760.990.920.930.95-0.080.90.920.990.890.810.910.720.980.980.980.910.880.920.960.920.970.970.76
1.0-0.80.950.970.980.98-0.190.950.90.990.950.840.920.760.951.00.980.970.950.90.940.90.950.960.75
0.95-0.820.860.990.990.96-0.330.990.850.940.970.880.850.760.860.980.910.970.990.830.870.80.870.910.74
0.92-0.850.810.990.990.95-0.430.980.790.910.990.890.830.790.820.960.880.950.990.780.830.760.840.870.69
0.92-0.710.930.850.80.90.030.750.980.940.80.640.930.750.90.880.920.90.830.780.990.960.970.970.74
0.95-0.730.960.880.860.920.010.830.990.970.840.730.910.710.950.930.960.940.870.830.990.940.971.00.82
0.92-0.690.940.850.790.910.030.720.890.940.780.570.980.80.890.880.920.90.80.760.960.940.990.930.57
0.97-0.720.980.90.870.95-0.010.820.930.990.850.680.970.780.950.940.970.950.870.840.970.970.990.970.67
0.97-0.750.970.910.90.94-0.030.870.980.980.870.770.910.710.960.960.970.960.910.870.971.00.930.970.83
0.75-0.570.740.660.750.660.010.770.860.740.680.780.530.340.790.760.760.750.740.690.740.820.570.670.83
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Shanghai Yct Account Relationship Matchups

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Other Information on Investing in Shanghai Stock

Balance Sheet is a snapshot of the financial position of Shanghai Yct Electronics at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Yct Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Yct 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.