Shenzhen Net Income From Continuing Ops vs Interest Income Analysis

301308 Stock   86.26  2.00  2.27%   
Shenzhen Longsys financial indicator trend analysis is much more than just breaking down Shenzhen Longsys Ele prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Longsys Ele is a good investment. Please check the relationship between Shenzhen Longsys Net Income From Continuing Ops and its Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Longsys 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 board of governors.

Net Income From Continuing Ops vs Interest Income

Net Income From Continuing Ops vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Longsys Ele Net Income From Continuing Ops account and Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Shenzhen Longsys' Net Income From Continuing Ops and Interest Income is -0.93. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income in the same time period over historical financial statements of Shenzhen Longsys Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Longsys' Net Income From Continuing Ops 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 Net Income From Continuing Ops of Shenzhen Longsys Electronics 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 Net Income From Continuing Ops i.e., Shenzhen Longsys' Net Income From Continuing Ops and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.93
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Income From Continuing Ops

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 Shenzhen Longsys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Longsys Ele 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 Longsys 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 board of governors.
The current year's Tax Provision is expected to grow to about (210 M). In addition to that, Selling General Administrative is expected to decline to about 420.2 M
 2021 2022 2023 2024 (projected)
Interest Expense12.0M30.4M82.2M47.5M
Interest Income3.1M21.5M34.1M35.8M

Shenzhen Longsys fundamental ratios Correlations

-0.780.880.910.510.860.260.870.890.830.990.970.830.980.820.861.00.870.990.970.990.820.970.840.80.85
-0.78-0.75-0.84-0.82-0.88-0.29-0.7-0.73-0.66-0.73-0.66-0.6-0.83-0.67-0.7-0.77-0.7-0.83-0.66-0.82-0.78-0.71-0.63-0.58-0.64
0.88-0.750.760.460.850.21.00.990.990.850.910.980.880.991.00.860.990.860.910.860.670.880.990.970.99
0.91-0.840.760.740.720.430.760.810.680.910.840.680.90.650.740.930.770.960.840.940.980.830.70.630.71
0.51-0.820.460.740.470.10.420.470.340.50.350.290.60.360.40.530.420.590.350.620.750.450.340.270.35
0.86-0.880.850.720.470.230.810.810.820.80.810.770.870.820.820.830.80.850.810.840.60.830.780.760.78
0.26-0.290.20.430.10.230.190.250.150.230.30.180.120.080.190.290.20.340.30.190.540.060.170.120.18
0.87-0.71.00.760.420.810.191.00.990.860.920.990.870.991.00.861.00.850.920.860.670.891.00.981.0
0.89-0.730.990.810.470.810.251.00.980.880.930.980.880.970.990.881.00.880.930.880.720.890.990.970.99
0.83-0.660.990.680.340.820.150.990.980.810.890.990.831.01.00.810.990.80.890.810.570.861.00.990.99
0.99-0.730.850.910.50.80.230.860.880.810.970.810.970.790.841.00.860.980.970.990.830.980.830.790.83
0.97-0.660.910.840.350.810.30.920.930.890.970.910.920.870.910.970.920.951.00.940.760.960.910.880.91
0.83-0.60.980.680.290.770.180.990.980.990.810.910.810.980.990.810.990.80.910.80.580.851.01.01.0
0.98-0.830.880.90.60.870.120.870.880.830.970.920.810.830.860.970.870.970.920.990.790.980.830.790.83
0.82-0.670.990.650.360.820.080.990.971.00.790.870.980.830.990.790.980.780.870.80.540.860.990.990.99
0.86-0.71.00.740.40.820.191.00.991.00.840.910.990.860.990.851.00.840.910.840.640.881.00.991.0
1.0-0.770.860.930.530.830.290.860.880.811.00.970.810.970.790.850.860.990.970.990.860.960.830.780.83
0.87-0.70.990.770.420.80.21.01.00.990.860.920.990.870.981.00.860.860.920.860.680.891.00.981.0
0.99-0.830.860.960.590.850.340.850.880.80.980.950.80.970.780.840.990.860.950.990.890.940.810.760.82
0.97-0.660.910.840.350.810.30.920.930.890.971.00.910.920.870.910.970.920.950.940.760.960.910.880.91
0.99-0.820.860.940.620.840.190.860.880.810.990.940.80.990.80.840.990.860.990.940.850.970.820.770.83
0.82-0.780.670.980.750.60.540.670.720.570.830.760.580.790.540.640.860.680.890.760.850.710.610.530.62
0.97-0.710.880.830.450.830.060.890.890.860.980.960.850.980.860.880.960.890.940.960.970.710.860.840.87
0.84-0.630.990.70.340.780.171.00.991.00.830.911.00.830.991.00.831.00.810.910.820.610.861.01.0
0.8-0.580.970.630.270.760.120.980.970.990.790.881.00.790.990.990.780.980.760.880.770.530.841.00.99
0.85-0.640.990.710.350.780.181.00.990.990.830.911.00.830.991.00.831.00.820.910.830.620.871.00.99
Click cells to compare fundamentals

Shenzhen Longsys Account Relationship Matchups

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 Longsys Ele at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Longsys Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Longsys 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.