Chengdu Total Revenue vs Selling General Administrative Analysis

301239 Stock   57.12  2.26  4.12%   
Chengdu Bright financial indicator trend analysis is way more than just evaluating Chengdu Bright Eye prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu Bright Eye is a good investment. Please check the relationship between Chengdu Bright 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 Chengdu Bright Eye. 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 Chengdu Bright Eye Total Revenue account and Selling General Administrative. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Chengdu Bright's Total Revenue and Selling General Administrative is 0.58. 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 Chengdu Bright Eye, assuming nothing else is changed. The correlation between historical values of Chengdu Bright'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 Chengdu Bright Eye 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., Chengdu Bright's Total Revenue and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Chengdu Bright Eye 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 Chengdu Bright's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu Bright Eye 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 Chengdu Bright Eye. 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 2, 2024, Tax Provision is expected to decline to about 53.6 M. In addition to that, Selling General Administrative is expected to decline to about 381.4 M
 2021 2022 2023 2024 (projected)
Interest Expense48.4M57.6M74.7M41.4M
Interest Income4.3M14.4M17.2M9.2M

Chengdu Bright fundamental ratios Correlations

-0.880.980.960.910.890.91.00.540.90.840.690.940.960.98-0.880.980.970.940.940.290.80.860.880.88-0.6
-0.88-0.82-0.75-0.85-0.63-0.68-0.9-0.48-0.82-0.61-0.51-0.66-0.97-0.791.0-0.93-0.75-0.73-0.66-0.11-0.69-0.61-0.63-0.630.52
0.98-0.820.930.920.950.830.980.370.880.910.760.930.941.0-0.810.970.940.890.930.140.850.940.940.95-0.63
0.96-0.750.930.840.880.970.930.650.860.790.660.980.860.95-0.760.91.00.990.980.490.740.830.860.85-0.57
0.91-0.850.920.840.850.740.920.290.820.820.870.840.90.92-0.850.920.850.810.840.10.950.880.90.89-0.85
0.89-0.630.950.880.850.770.890.210.730.980.830.930.80.96-0.610.860.890.840.930.110.850.990.980.99-0.65
0.9-0.680.830.970.740.770.850.770.760.680.550.940.780.86-0.710.810.960.990.940.670.620.70.750.73-0.48
1.0-0.90.980.930.920.890.850.480.910.840.690.910.980.97-0.91.00.940.910.910.20.810.860.880.88-0.6
0.54-0.480.370.650.290.210.770.480.550.07-0.050.520.470.39-0.530.440.620.690.520.840.060.110.170.160.01
0.9-0.820.880.860.820.730.760.910.550.620.510.790.870.86-0.830.890.870.810.790.170.620.720.730.75-0.45
0.84-0.610.910.790.820.980.680.840.070.620.850.870.770.92-0.590.830.810.760.870.010.870.970.970.97-0.67
0.69-0.510.760.660.870.830.550.69-0.050.510.850.750.620.79-0.510.670.680.630.750.00.970.890.90.88-0.95
0.94-0.660.930.980.840.930.940.910.520.790.870.750.810.96-0.680.860.980.971.00.440.790.90.920.92-0.63
0.96-0.970.940.860.90.80.780.980.470.870.770.620.810.91-0.960.990.870.840.810.140.770.770.790.79-0.56
0.98-0.791.00.950.920.960.860.970.390.860.920.790.960.91-0.780.950.960.920.960.20.860.950.960.96-0.67
-0.881.0-0.81-0.76-0.85-0.61-0.71-0.9-0.53-0.83-0.59-0.51-0.68-0.96-0.78-0.93-0.76-0.75-0.68-0.17-0.69-0.6-0.62-0.620.54
0.98-0.930.970.90.920.860.811.00.440.890.830.670.860.990.95-0.930.90.870.860.140.810.840.850.85-0.59
0.97-0.750.941.00.850.890.960.940.620.870.810.680.980.870.96-0.760.90.990.980.460.750.850.880.87-0.57
0.94-0.730.890.990.810.840.990.910.690.810.760.630.970.840.92-0.750.870.990.970.570.70.780.820.81-0.54
0.94-0.660.930.980.840.930.940.910.520.790.870.751.00.810.96-0.680.860.980.970.440.790.90.920.92-0.63
0.29-0.110.140.490.10.110.670.20.840.170.010.00.440.140.2-0.170.140.460.570.440.00.020.090.05-0.04
0.8-0.690.850.740.950.850.620.810.060.620.870.970.790.770.86-0.690.810.750.70.790.00.90.920.9-0.93
0.86-0.610.940.830.880.990.70.860.110.720.970.890.90.770.95-0.60.840.850.780.90.020.91.01.0-0.73
0.88-0.630.940.860.90.980.750.880.170.730.970.90.920.790.96-0.620.850.880.820.920.090.921.01.0-0.76
0.88-0.630.950.850.890.990.730.880.160.750.970.880.920.790.96-0.620.850.870.810.920.050.91.01.0-0.73
-0.60.52-0.63-0.57-0.85-0.65-0.48-0.60.01-0.45-0.67-0.95-0.63-0.56-0.670.54-0.59-0.57-0.54-0.63-0.04-0.93-0.73-0.76-0.73
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Chengdu Bright Account Relationship Matchups

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Other Information on Investing in Chengdu Stock

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