Shanghai Net Income vs Begin Period Cash Flow Analysis
| 688293 Stock | 42.78 1.99 4.44% |
Shanghai OPM financial indicator trend analysis is much more than just breaking down Shanghai OPM Biosciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai OPM Biosciences is a good investment. Please check the relationship between Shanghai OPM Net Income and its Begin Period Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai OPM Biosciences. 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.
Net Income vs Begin Period Cash Flow
Net Income vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shanghai OPM Biosciences Net Income account and Begin Period Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai OPM's Net Income and Begin Period Cash Flow is 0.59. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Shanghai OPM Biosciences, assuming nothing else is changed. The correlation between historical values of Shanghai OPM's Net Income and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Shanghai OPM Biosciences are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Net Income i.e., Shanghai OPM's Net Income and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.59 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Shanghai OPM Biosciences financial statement analysis. It represents the amount of money remaining after all of Shanghai OPM Biosciences operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from Shanghai OPM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai OPM Biosciences 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 Shanghai OPM Biosciences. 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 11.1 M, whereas Selling General Administrative is forecasted to decline to about 30.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.8M | 5.0M | 3.2M | 4.2M | Interest Income | 4.9M | 13.8M | 23.2M | 12.1M |
Shanghai OPM fundamental ratios Correlations
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Shanghai OPM Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the financial position of Shanghai OPM Biosciences at a specified time, usually calculated after every quarter, six months, or one year. Shanghai OPM Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai OPM 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.