600612 Stock | | | 51.69 1.16 2.30% |
Lao Feng financial indicator trend analysis is infinitely more than just investigating Lao Feng Xiang recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lao Feng Xiang is a good investment. Please check the relationship between Lao Feng Total Revenue and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Lao Feng Xiang. 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.
Total Revenue vs Ebit
Total Revenue vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lao Feng Xiang Total Revenue account and
Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lao Feng's Total Revenue and Ebit is 0.84. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Lao Feng Xiang, assuming nothing else is changed. The correlation between historical values of Lao Feng's Total Revenue and Ebit 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 Lao Feng Xiang are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Revenue i.e., Lao Feng's Total Revenue and Ebit go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Lao Feng Xiang 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.
Ebit
Most indicators from Lao Feng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lao Feng Xiang 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 Lao Feng Xiang. 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
Selling General Administrative is expected to grow to about 596.7
M, whereas
Tax Provision is forecasted to decline to about 753.5
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 3.2B | 3.4B | 4.3B | 4.5B | Total Revenue | 58.7B | 63.0B | 71.4B | 75.0B |
Lao Feng fundamental ratios Correlations
Click cells to compare fundamentals
Lao Feng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lao Feng fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Lao Stock
Balance Sheet is a snapshot of the
financial position of Lao Feng Xiang at a specified time, usually calculated after every quarter, six months, or one year. Lao Feng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lao Feng 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 Lao currently owns. An asset can also be divided into two categories, current and non-current.