GigaDevice Total Operating Expenses vs Research Development Analysis

603986 Stock   130.50  0.03  0.02%   
GigaDevice SemiconductorBei financial indicator trend analysis is much more than just examining GigaDevice SemiconductorBei latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GigaDevice SemiconductorBei is a good investment. Please check the relationship between GigaDevice SemiconductorBei Total Operating Expenses and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GigaDevice SemiconductorBeiji. 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 Operating Expenses vs Research Development

Total Operating Expenses vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GigaDevice SemiconductorBei Total Operating Expenses account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between GigaDevice SemiconductorBei's Total Operating Expenses and Research Development is 0.93. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Research Development in the same time period over historical financial statements of GigaDevice SemiconductorBeiji, assuming nothing else is changed. The correlation between historical values of GigaDevice SemiconductorBei's Total Operating Expenses and Research Development 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 Operating Expenses of GigaDevice SemiconductorBeiji are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Operating Expenses i.e., GigaDevice SemiconductorBei's Total Operating Expenses and Research Development go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Research Development

Most indicators from GigaDevice SemiconductorBei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GigaDevice SemiconductorBei 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 GigaDevice SemiconductorBeiji. 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 January 26, 2025, Selling General Administrative is expected to decline to about 180.4 M. The current year's Tax Provision is expected to grow to about (39.8 M)
 2022 2023 2024 2025 (projected)
Operating Income2.3B404.4M465.1M694.2M
Total Revenue8.1B5.8B6.6B3.4B

GigaDevice SemiconductorBei fundamental ratios Correlations

0.330.841.00.990.860.980.930.50.970.810.820.990.990.990.950.520.990.930.860.750.870.980.93-0.850.95
0.330.720.310.310.570.290.120.720.26-0.160.70.340.370.310.370.530.280.430.210.530.240.360.4-0.380.23
0.840.720.820.820.970.80.680.750.790.450.990.840.870.830.850.660.80.910.660.850.690.840.88-0.810.79
1.00.310.820.990.850.990.940.470.960.820.810.990.990.990.940.51.00.930.870.730.880.980.93-0.850.95
0.990.310.820.990.840.960.960.460.990.860.810.970.990.990.920.470.990.920.90.740.90.990.92-0.80.93
0.860.570.970.850.840.840.710.750.80.510.970.870.880.850.90.650.810.940.650.840.690.830.89-0.870.85
0.980.290.80.990.960.840.880.470.920.770.790.980.970.960.940.520.980.90.790.70.80.950.93-0.850.95
0.930.120.680.940.960.710.880.270.980.950.670.90.920.940.820.30.950.860.950.630.920.950.84-0.710.88
0.50.720.750.470.460.750.470.270.420.030.770.520.540.490.660.650.410.540.230.710.340.460.44-0.540.45
0.970.260.790.960.990.80.920.980.420.890.780.930.970.970.880.420.970.90.940.740.910.980.88-0.740.9
0.81-0.160.450.820.860.510.770.950.030.890.440.760.790.820.660.10.850.690.870.450.850.840.7-0.530.78
0.820.70.990.810.810.970.790.670.770.780.440.820.860.830.860.70.770.90.640.90.650.820.85-0.790.78
0.990.340.840.990.970.870.980.90.520.930.760.820.980.980.960.60.970.950.820.760.840.950.92-0.90.96
0.990.370.870.990.990.880.970.920.540.970.790.860.980.990.950.580.980.940.850.820.850.990.92-0.820.94
0.990.310.830.990.990.850.960.940.490.970.820.830.980.990.950.580.980.940.870.80.840.980.9-0.820.94
0.950.370.850.940.920.90.940.820.660.880.660.860.960.950.950.710.910.910.730.830.720.90.86-0.860.92
0.520.530.660.50.470.650.520.30.650.420.10.70.60.580.580.710.440.590.250.790.140.470.46-0.580.51
0.990.280.81.00.990.810.980.950.410.970.850.770.970.980.980.910.440.910.880.690.890.990.93-0.820.94
0.930.430.910.930.920.940.90.860.540.90.690.90.950.940.940.910.590.910.820.790.820.910.95-0.930.93
0.860.210.660.870.90.650.790.950.230.940.870.640.820.850.870.730.250.880.820.560.890.880.79-0.660.78
0.750.530.850.730.740.840.70.630.710.740.450.90.760.820.80.830.790.690.790.560.520.750.67-0.630.7
0.870.240.690.880.90.690.80.920.340.910.850.650.840.850.840.720.140.890.820.890.520.90.8-0.720.82
0.980.360.840.980.990.830.950.950.460.980.840.820.950.990.980.90.470.990.910.880.750.90.92-0.770.92
0.930.40.880.930.920.890.930.840.440.880.70.850.920.920.90.860.460.930.950.790.670.80.92-0.880.92
-0.85-0.38-0.81-0.85-0.8-0.87-0.85-0.71-0.54-0.74-0.53-0.79-0.9-0.82-0.82-0.86-0.58-0.82-0.93-0.66-0.63-0.72-0.77-0.88-0.89
0.950.230.790.950.930.850.950.880.450.90.780.780.960.940.940.920.510.940.930.780.70.820.920.92-0.89
Click cells to compare fundamentals

GigaDevice SemiconductorBei Account Relationship Matchups

GigaDevice SemiconductorBei fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.7B15.4B16.6B16.5B18.9B19.9B
Other Current Liab129.7M696.9M399.4M4.3M4.9M4.6M
Total Current Liabilities776.3M1.6B1.2B986.2M1.1B634.0M
Total Stockholder Equity10.7B13.5B15.2B15.2B17.5B18.4B
Retained Earnings2.8B4.8B5.8B5.6B6.5B6.8B
Accounts Payable420.2M617.2M479.3M501.8M577.1M320.3M
Cash7.4B6.6B6.9B7.3B8.4B8.8B
Other Assets313.0M231.7M646.5M1.5B1.7B1.8B
Net Receivables172.2M281.8M142.1M114.1M131.3M146.8M
Inventory739.2M1.4B2.2B2.0B2.3B2.4B
Other Current Assets9.4M35.7M245.3M376.6M433.1M454.7M
Total Liab1.0B1.9B1.5B1.3B1.4B822.3M
Intangible Assets337.9M385.3M411.7M404.3M464.9M488.2M
Common Stock284.6M321.1M471.6M667.5M767.6M806.0M
Property Plant Equipment558.2M711.1M947.9M1.1B1.3B1.4B
Other Liab123.3M187.0M240.5M225.7M259.5M272.5M
Good Will1.2B1.0B783.5M410.1M471.6M648.6M
Net Tangible Assets3.6B9.2B12.2B14.1B16.2B17.0B
Non Current Assets Total3.0B4.4B5.2B4.9B5.6B3.2B
Non Currrent Assets Other6.9M245.3M972.8M572.9M658.8M691.7M
Non Current Liabilities Total240.5M333.6M262.9M270.0M310.5M282.0M
Other Stockholder Equity87.3M(27.3M)302.5M343.7M395.3M415.0M
Deferred Long Term Liab58.9M47.3M99.3M229.6M264.1M277.3M
Total Current Assets8.7B11.0B11.4B11.6B13.3B6.9B
Common Stock Shares Outstanding660.3M667.4M667.0M666.9M766.9M692.2M
Net Invested Capital10.7B13.5B15.2B15.2B17.5B10.1B
Net Working Capital8.0B9.4B10.2B10.6B12.2B6.7B
Capital Stock471.6M667.5M667.0M666.9M766.9M564.4M
Property Plant And Equipment Net711.1M947.9M1.1B1.2B1.4B998.8M
Short Term Investments305.1M2.4B1.9B1.8B2.1B1.4B
Property Plant And Equipment Gross1.0B1.4B1.7B2.0B2.4B1.5B

Currently Active Assets on Macroaxis

Other Information on Investing in GigaDevice Stock

Balance Sheet is a snapshot of the financial position of GigaDevice SemiconductorBei at a specified time, usually calculated after every quarter, six months, or one year. GigaDevice SemiconductorBei Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GigaDevice SemiconductorBei 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 GigaDevice currently owns. An asset can also be divided into two categories, current and non-current.