600784 Stock | | | 5.85 0.20 3.31% |
Luyin Investment financial indicator trend analysis is infinitely more than just investigating Luyin Investment recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luyin Investment is a good investment. Please check the relationship between Luyin Investment Other Operating Expenses and its Tax Provision accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Luyin Investment Group. 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 Tax Provision
Other Operating Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Luyin Investment Other Operating Expenses account and
Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Luyin Investment's Other Operating Expenses and Tax Provision is 0.59. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Luyin Investment Group, assuming nothing else is changed. The correlation between historical values of Luyin Investment's Other Operating Expenses and Tax Provision 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 Luyin Investment Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Other Operating Expenses i.e., Luyin Investment's Other Operating Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Luyin Investment. It is also known as Luyin Investment 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.
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Luyin Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luyin Investment 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 Luyin Investment Group. 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 136.6
M. The current year's Tax Provision is expected to grow to about 70.3
M | 2021 | 2022 | 2023 | 2024 (projected) |
Other Operating Expenses | 53.0M | 63.6M | 73.2M | 52.1M | Research Development | 93.1M | 117.0M | 105.6M | 57.7M |
Luyin Investment fundamental ratios Correlations
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Luyin Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Luyin Investment fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Luyin Stock
Balance Sheet is a snapshot of the
financial position of Luyin Investment at a specified time, usually calculated after every quarter, six months, or one year. Luyin Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Luyin Investment 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 Luyin currently owns. An asset can also be divided into two categories, current and non-current.