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 Total Revenue and its Gross Profit 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.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Mobile Limited Total Revenue account and
Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Mobile's Total Revenue and Gross Profit is 0.65. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit 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 Total Revenue and Gross Profit 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 China Mobile Limited are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., China Mobile's Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts China Mobile Limited 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of China Mobile Limited minus its cost of goods sold. It is profit before China Mobile operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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.
China Mobile fundamental ratios Correlations
Click cells to compare fundamentals
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.