301178 Stock | | | 27.35 0.65 2.32% |
Guangdong TianYiMa financial indicator trend analysis is much more than just examining Guangdong TianYiMa latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong TianYiMa is a good investment. Please check the relationship between Guangdong TianYiMa Gross Profit and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios. 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.
Gross Profit vs Interest Income
Gross Profit vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangdong TianYiMa Gross Profit account and
Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangdong TianYiMa's Gross Profit and Interest Income is -0.48. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Interest Income in the same time period over historical financial statements of Guangdong TianYiMa Information, assuming nothing else is changed. The correlation between historical values of Guangdong TianYiMa's Gross Profit and Interest 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 Gross Profit of Guangdong TianYiMa Information are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Gross Profit i.e., Guangdong TianYiMa's Gross Profit and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Guangdong TianYiMa Information minus its cost of goods sold. It is profit before Guangdong TianYiMa operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Guangdong TianYiMa's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong TianYiMa 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. 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 (1.6
M). In addition to that,
Selling General Administrative is expected to decline to about 13.5
M | 2022 | 2023 | 2024 | 2025 (projected) |
Interest Income | 4.8M | 10.4M | 12.0M | 6.2M | Net Interest Income | 4.7M | 8.1M | 7.3M | 4.4M |
Guangdong TianYiMa fundamental ratios Correlations
Click cells to compare fundamentals
Guangdong TianYiMa Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangdong TianYiMa fundamental ratios Accounts
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Other Information on Investing in Guangdong Stock
Balance Sheet is a snapshot of the
financial position of Guangdong TianYiMa at a specified time, usually calculated after every quarter, six months, or one year. Guangdong TianYiMa Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong TianYiMa 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.