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 Total Operating Expenses and its Ebit 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.
Total Operating Expenses vs Ebit
Total Operating Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai Lingyun Ind Total Operating Expenses account and
Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shanghai Lingyun's Total Operating Expenses and Ebit is 0.64. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Ebit 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 Total Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Shanghai Lingyun Industries are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Total Operating Expenses i.e., Shanghai Lingyun's Total Operating Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Ebit
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
MShanghai 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
Currently Active Assets on Macroaxis
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.