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 Research Development and its Net Income 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.
Research Development vs Net Income
Research Development vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Yaohua Pilk Research Development account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanghai Yaohua's Research Development and Net Income is -0.13. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income 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 Research Development and Net 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 Research Development of Shanghai Yaohua Pilkington are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Research Development i.e., Shanghai Yaohua's Research Development and Net Income go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Research Development
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Shanghai Yaohua Pilk financial statement analysis. It represents the amount of money remaining after all of Shanghai Yaohua Pilkington operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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
Currently Active Assets on Macroaxis
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.