Zhuhai Cost Of Revenue vs Operating Income Analysis
688175 Stock | 17.19 0.36 2.14% |
Zhuhai Comleader financial indicator trend analysis is more than just analyzing Zhuhai Comleader Inf current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhuhai Comleader Inf is a good investment. Please check the relationship between Zhuhai Comleader Cost Of Revenue and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhuhai Comleader Information. 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.
Cost Of Revenue vs Operating Income
Cost Of Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zhuhai Comleader Inf Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between Zhuhai Comleader's Cost Of Revenue and Operating Income is 0.27. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Zhuhai Comleader Information, assuming nothing else is changed. The correlation between historical values of Zhuhai Comleader's Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Zhuhai Comleader Information are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Zhuhai Comleader's Cost Of Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cost Of Revenue
Cost of Revenue is found on Zhuhai Comleader Inf income statement and represents the costs associated with goods and services Zhuhai Comleader 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.Operating Income
Operating Income is the amount of profit realized from Zhuhai Comleader Inf 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 Zhuhai Comleader Information 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.Most indicators from Zhuhai Comleader's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhuhai Comleader Inf 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 Zhuhai Comleader Information. 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 Tax Provision is expected to grow to about (283.5 K). In addition to that, Selling General Administrative is expected to decline to about 63.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 347.3K | 212.2K | 127.7K | 121.3K | Interest Income | 3.8M | 4.4M | 5.2M | 4.0M |
Zhuhai Comleader fundamental ratios Correlations
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Zhuhai Comleader Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Zhuhai Stock
Balance Sheet is a snapshot of the financial position of Zhuhai Comleader Inf at a specified time, usually calculated after every quarter, six months, or one year. Zhuhai Comleader Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhuhai Comleader 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 Zhuhai currently owns. An asset can also be divided into two categories, current and non-current.