600941 Stock | | | 103.70 0.30 0.29% |
China Mobile financial indicator trend analysis is way more than just evaluating China Mobile Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Mobile Limited is a good investment. Please check the relationship between China Mobile Depreciation And Amortization and its Other Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Mobile Limited. 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.
Depreciation And Amortization vs Other Operating Expenses
Depreciation And Amortization vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Mobile Limited Depreciation And Amortization account and
Other Operating Expenses. At this time, the significance of the direction appears to have no relationship.
The correlation between China Mobile's Depreciation And Amortization and Other Operating Expenses is 0.04. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of China Mobile Limited, assuming nothing else is changed. The correlation between historical values of China Mobile's Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of China Mobile Limited are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., China Mobile's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of China Mobile Limited. It is also known as China Mobile 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.
Most indicators from China Mobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Mobile Limited 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 China Mobile Limited. 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.
At present, China Mobile's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 39.9
B, whereas
Issuance Of Capital Stock is forecasted to decline to about 1.3
B.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 848.3B | 937.3B | 1.0T | 509.0B | Depreciation And Amortization | 230.2B | 16.4B | 18.8B | 17.9B |
China Mobile fundamental ratios Correlations
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China Mobile Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Mobile fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Mobile Limited at a specified time, usually calculated after every quarter, six months, or one year. China Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Mobile 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 China currently owns. An asset can also be divided into two categories, current and non-current.