| 600753 Stock | | | 7.33 0.27 3.82% |
Fujian Oriental financial indicator trend analysis is much more than just examining Fujian Oriental Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Oriental Silver is a good investment. Please check the relationship between Fujian Oriental Operating Income and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Oriental Silver. 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.
Operating Income vs Ebit
Operating Income vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Oriental Silver Operating Income account and
Ebit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fujian Oriental's Operating Income and Ebit is 0.11. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Fujian Oriental Silver, assuming nothing else is changed. The correlation between historical values of Fujian Oriental's Operating Income 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 Operating Income of Fujian Oriental Silver 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 Operating Income i.e., Fujian Oriental's Operating Income and Ebit go up and down completely randomly.
Correlation Coefficient | 0.11 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Fujian Oriental Silver operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fujian Oriental Silver is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Ebit
Most indicators from Fujian Oriental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Oriental Silver 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 Fujian Oriental Silver. 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 26.5
M, whereas
Tax Provision is forecasted to decline to about 456.9
K.
Fujian Oriental fundamental ratios Correlations
Click cells to compare fundamentals
Fujian Oriental Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fujian Oriental fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Fujian Stock
Balance Sheet is a snapshot of the
financial position of Fujian Oriental Silver at a specified time, usually calculated after every quarter, six months, or one year. Fujian Oriental Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fujian Oriental 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 Fujian currently owns. An asset can also be divided into two categories, current and non-current.