900918 Stock | | | 0.36 0.01 2.70% |
Shanghai Yaohua financial indicator trend analysis is much more than just breaking down Shanghai Yaohua Pilk prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Yaohua Pilk is a good investment. Please check the relationship between Shanghai Yaohua Net Income From Continuing Ops and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Yaohua Pilkington. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Yaohua Pilk Net Income From Continuing Ops account and
Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Shanghai Yaohua's Net Income From Continuing Ops and Gross Profit is 0.85. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Shanghai Yaohua Pilkington, assuming nothing else is changed. The correlation between historical values of Shanghai Yaohua's Net Income From Continuing Ops and Gross Profit 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 From Continuing Ops of Shanghai Yaohua Pilkington are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Shanghai Yaohua's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Income From Continuing Ops
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Shanghai Yaohua Pilkington minus its cost of goods sold. It is profit before Shanghai Yaohua operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Shanghai Yaohua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Yaohua Pilk 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 Yaohua Pilkington. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
The current year's
Tax Provision is expected to grow to about 26.5
M, whereas
Selling General Administrative is forecasted to decline to about 116
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 901.0M | 664.6M | 684.9M | 781.3M | Research Development | 211.2M | 222.8M | 263.0M | 169.4M |
Shanghai Yaohua fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Yaohua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Yaohua fundamental ratios Accounts
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Other Information on Investing in Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai Yaohua Pilk at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Yaohua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Yaohua 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.