Shenzhen Research Development vs Total Revenue 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 Research Development and its Total Revenue 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.

Research Development vs Total Revenue

Research Development vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shenzhen Longsys Ele Research Development account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen Longsys' Research Development and Total Revenue is 0.95. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Total Revenue 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' Research Development and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Shenzhen Longsys Electronics are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Research Development i.e., Shenzhen Longsys' Research Development and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Research Development

Total Revenue

Total revenue comprises all receipts Shenzhen Longsys Ele 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.
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
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Shenzhen Longsys Account Relationship Matchups

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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.