| 601958 Stock | | | 10.51 0.06 0.57% |
Jinduicheng Molybdenum financial indicator trend analysis is infinitely more than just investigating Jinduicheng Molybdenum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinduicheng Molybdenum is a good investment. Please check the relationship between Jinduicheng Molybdenum Operating Income and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinduicheng Molybdenum Co. 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 Cost Of Revenue
Operating Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jinduicheng Molybdenum Operating Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Jinduicheng Molybdenum's Operating Income and Cost Of Revenue is -0.59. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Jinduicheng Molybdenum Co, assuming nothing else is changed. The correlation between historical values of Jinduicheng Molybdenum's Operating Income and Cost Of Revenue 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 Jinduicheng Molybdenum Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Jinduicheng Molybdenum's Operating Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Jinduicheng Molybdenum 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 Jinduicheng Molybdenum Co 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.
Cost Of Revenue
Cost of Revenue is found on Jinduicheng Molybdenum income statement and represents the costs associated with goods and services Jinduicheng Molybdenum provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Jinduicheng Molybdenum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinduicheng Molybdenum 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 Jinduicheng Molybdenum Co. 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 220.6
M. The current year's
Tax Provision is expected to grow to about 644.7
M | 2021 | 2022 | 2023 | 2024 (projected) |
Income Before Tax | 719.4M | 1.9B | 4.1B | 4.3B | Cost Of Revenue | 6.2B | 6.2B | 6.0B | 6.7B |
Jinduicheng Molybdenum fundamental ratios Correlations
Click cells to compare fundamentals
Jinduicheng Molybdenum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jinduicheng Molybdenum fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jinduicheng Stock
Balance Sheet is a snapshot of the
financial position of Jinduicheng Molybdenum at a specified time, usually calculated after every quarter, six months, or one year. Jinduicheng Molybdenum Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinduicheng Molybdenum 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 Jinduicheng currently owns. An asset can also be divided into two categories, current and non-current.