| 600753 Stock | | | 7.06 0.40 5.36% |
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 Other Operating Expenses and its Ebitda 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.
Other Operating Expenses vs Ebitda
Other Operating Expenses vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fujian Oriental Silver Other Operating Expenses account and
Ebitda. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fujian Oriental's Other Operating Expenses and Ebitda is -0.22. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda 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 Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Fujian Oriental Silver are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Fujian Oriental's Other Operating Expenses and Ebitda go up and down completely randomly.
Correlation Coefficient | -0.22 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fujian Oriental Silver. It is also known as Fujian Oriental overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Ebitda
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.
| 2021 | 2023 | 2024 (projected) |
Other Operating Expenses | 3.9M | 4.5M | 4.7M | Gross Profit | 23.3M | 11.9M | 11.3M |
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.