| 900957 Stock | | | 0.39 0.02 5.41% |
Shanghai Lingyun financial indicator trend analysis is much more than just breaking down Shanghai Lingyun Ind prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai Lingyun Ind is a good investment. Please check the relationship between Shanghai Lingyun Net Income From Continuing Ops and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai Lingyun Industries. 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 From Continuing Ops vs Operating Income
Net Income From Continuing Ops vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Lingyun Ind Net Income From Continuing Ops account and
Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Shanghai Lingyun's Net Income From Continuing Ops and Operating Income is 0.55. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shanghai Lingyun Industries, assuming nothing else is changed. The correlation between historical values of Shanghai Lingyun's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Shanghai Lingyun Industries 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 Net Income From Continuing Ops i.e., Shanghai Lingyun's Net Income From Continuing Ops and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Net Income From Continuing Ops
Operating Income
Operating Income is the amount of profit realized from Shanghai Lingyun Ind 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 Shanghai Lingyun Industries 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 Shanghai Lingyun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai Lingyun Ind 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 Lingyun Industries. 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 December 1, 2024,
Selling General Administrative is expected to decline to about 3.5
M. In addition to that,
Tax Provision is expected to decline to about 3.3
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 55.9M | 62.5M | 60.4M | 46.0M | Total Revenue | 113.1M | 119.9M | 122.8M | 155.5M |
Shanghai Lingyun fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai Lingyun Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai Lingyun 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 Lingyun Ind at a specified time, usually calculated after every quarter, six months, or one year. Shanghai Lingyun Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai Lingyun 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.