900926 Stock | | | 1.62 0.04 2.41% |
Shanghai Baosight financial indicator trend analysis is much more than just breaking down Shanghai Baosight prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Baosight is a good investment. Please check the relationship between Shanghai Baosight Non Current Assets Total and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Baosight Software. 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.
Non Current Assets Total vs Total Revenue
Non Current Assets Total vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Baosight Non Current Assets Total account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shanghai Baosight's Non Current Assets Total and Total Revenue is 0.94. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shanghai Baosight Software, assuming nothing else is changed. The correlation between historical values of Shanghai Baosight's Non Current Assets Total and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Shanghai Baosight Software are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Non Current Assets Total i.e., Shanghai Baosight's Non Current Assets Total and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Total Revenue
Total revenue comprises all receipts Shanghai Baosight generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Shanghai Baosight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Baosight 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 Baosight Software. 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 November 25, 2024,
Selling General Administrative is expected to decline to about 123.8
M. In addition to that,
Tax Provision is expected to decline to about 110.4
M | 2021 | 2022 | 2023 | 2024 (projected) |
Cost Of Revenue | 7.9B | 8.8B | 8.1B | 8.6B | Total Revenue | 11.8B | 13.1B | 12.9B | 13.6B |
Shanghai Baosight fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Baosight Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Baosight 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 Baosight at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Baosight Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Baosight 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.