603078 Stock | | | 20.56 2.28 9.98% |
Jiangyin Jianghua financial indicator trend analysis is infinitely more than just investigating Jiangyin Jianghua recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangyin Jianghua is a good investment. Please check the relationship between Jiangyin Jianghua 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 Jiangyin Jianghua Microelectronics. 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
Jiangyin Jianghua Operating Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Jiangyin Jianghua's Operating Income and Cost Of Revenue is 0.49. 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 Jiangyin Jianghua Microelectronics, assuming nothing else is changed. The correlation between historical values of Jiangyin Jianghua'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 Jiangyin Jianghua Microelectronics 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., Jiangyin Jianghua's Operating Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Operating Income
Operating Income is the amount of profit realized from Jiangyin Jianghua 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 Jiangyin Jianghua Microelectronics 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 Jiangyin Jianghua income statement and represents the costs associated with goods and services Jiangyin Jianghua 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 Jiangyin Jianghua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangyin Jianghua 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 Jiangyin Jianghua Microelectronics. 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.
As of November 30, 2024,
Tax Provision is expected to decline to about 8.6
M. In addition to that,
Selling General Administrative is expected to decline to about 31.4
MJiangyin Jianghua fundamental ratios Correlations
Click cells to compare fundamentals
Jiangyin Jianghua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangyin Jianghua fundamental ratios Accounts
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Other Information on Investing in Jiangyin Stock
Balance Sheet is a snapshot of the
financial position of Jiangyin Jianghua at a specified time, usually calculated after every quarter, six months, or one year. Jiangyin Jianghua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangyin Jianghua 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 Jiangyin currently owns. An asset can also be divided into two categories, current and non-current.