600167 Stock | | | 6.12 0.05 0.82% |
Luenmei Quantum financial indicator trend analysis is infinitely more than just investigating Luenmei Quantum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luenmei Quantum is a good investment. Please check the relationship between Luenmei Quantum Ebitda and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Luenmei Quantum Co. 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.
Ebitda vs Gross Profit
Ebitda vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Luenmei Quantum Ebitda account and
Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Luenmei Quantum's Ebitda and Gross Profit is 0.92. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Luenmei Quantum Co, assuming nothing else is changed. The correlation between historical values of Luenmei Quantum's Ebitda and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Luenmei Quantum Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Ebitda i.e., Luenmei Quantum's Ebitda and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ebitda
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Luenmei Quantum Co minus its cost of goods sold. It is profit before Luenmei Quantum 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.
Most indicators from Luenmei Quantum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luenmei Quantum 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 Luenmei Quantum Co. 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
Selling General Administrative is expected to grow to about 173.4
M. The current year's
Tax Provision is expected to grow to about 230.2
MLuenmei Quantum fundamental ratios Correlations
Click cells to compare fundamentals
Luenmei Quantum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luenmei Quantum fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Luenmei Stock
Balance Sheet is a snapshot of the
financial position of Luenmei Quantum at a specified time, usually calculated after every quarter, six months, or one year. Luenmei Quantum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Luenmei Quantum 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 Luenmei currently owns. An asset can also be divided into two categories, current and non-current.