DouYu Asset Turnover vs Gross Profit Margin Analysis

DOYU Stock  USD 9.95  0.28  2.74%   
DouYu International financial indicator trend analysis is much more than just examining DouYu International latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DouYu International is a good investment. Please check the relationship between DouYu International Asset Turnover and its Gross Profit Margin accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DouYu International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Asset Turnover vs Gross Profit Margin

Asset Turnover vs Gross Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DouYu International Asset Turnover account and Gross Profit Margin. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between DouYu International's Asset Turnover and Gross Profit Margin is -0.07. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Gross Profit Margin in the same time period over historical financial statements of DouYu International Holdings, assuming nothing else is changed. The correlation between historical values of DouYu International's Asset Turnover and Gross Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of DouYu International Holdings are associated (or correlated) with its Gross Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit Margin has no effect on the direction of Asset Turnover i.e., DouYu International's Asset Turnover and Gross Profit Margin go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Gross Profit Margin

Most indicators from DouYu International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DouYu International 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DouYu International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, DouYu International's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 291 M in 2024, despite the fact that Enterprise Value is likely to grow to (2.2 B).

DouYu International fundamental ratios Correlations

-0.080.690.850.890.880.460.95-0.94-0.930.920.950.870.580.631.00.50.92-0.460.90.230.880.92-0.070.760.6
-0.08-0.54-0.160.01-0.06-0.41-0.2-0.140.130.010.14-0.35-0.51-0.55-0.040.0-0.05-0.08-0.10.3-0.26-0.01-0.16-0.42-0.52
0.69-0.540.90.350.370.410.62-0.64-0.750.690.640.610.530.610.680.760.420.20.430.410.530.420.550.530.47
0.85-0.160.90.530.540.40.7-0.88-0.870.90.880.610.430.50.860.850.580.050.590.550.590.590.450.520.36
0.890.010.350.530.970.470.93-0.77-0.760.750.780.880.530.570.880.111.0-0.790.96-0.050.931.0-0.50.780.66
0.88-0.060.370.540.970.450.92-0.76-0.80.730.760.880.670.680.870.080.98-0.811.0-0.170.920.97-0.50.870.68
0.46-0.410.410.40.470.450.42-0.28-0.320.590.290.410.120.20.450.240.51-0.370.460.230.580.48-0.170.390.37
0.95-0.20.620.70.930.920.42-0.81-0.90.780.820.980.710.750.930.310.95-0.590.940.00.950.95-0.250.880.76
-0.94-0.14-0.64-0.88-0.77-0.76-0.28-0.810.88-0.92-1.0-0.69-0.43-0.46-0.96-0.6-0.790.29-0.78-0.38-0.69-0.8-0.09-0.59-0.39
-0.930.13-0.75-0.87-0.76-0.8-0.32-0.90.88-0.83-0.87-0.84-0.73-0.77-0.91-0.58-0.80.32-0.84-0.19-0.81-0.8-0.07-0.81-0.56
0.920.010.690.90.750.730.590.78-0.92-0.830.930.660.340.390.940.670.78-0.290.760.490.710.780.10.570.39
0.950.140.640.880.780.760.290.82-1.0-0.870.930.690.430.460.960.60.79-0.30.780.380.690.810.090.580.39
0.87-0.350.610.610.880.880.410.98-0.69-0.840.660.690.770.810.840.210.91-0.590.9-0.130.950.9-0.290.910.86
0.58-0.510.530.430.530.670.120.71-0.43-0.730.340.430.770.980.530.050.57-0.40.71-0.460.660.56-0.140.920.72
0.63-0.550.610.50.570.680.20.75-0.46-0.770.390.460.810.980.590.110.61-0.380.72-0.380.720.6-0.110.920.7
1.0-0.040.680.860.880.870.450.93-0.96-0.910.940.960.840.530.590.520.9-0.440.880.270.850.91-0.050.730.55
0.50.00.760.850.110.080.240.31-0.6-0.580.670.60.210.050.110.520.160.450.140.840.190.170.740.090.04
0.92-0.050.420.581.00.980.510.95-0.79-0.80.780.790.910.570.610.90.16-0.760.97-0.030.961.0-0.460.820.69
-0.46-0.080.20.05-0.79-0.81-0.37-0.590.290.32-0.29-0.3-0.59-0.4-0.38-0.440.45-0.76-0.760.49-0.69-0.760.91-0.62-0.51
0.9-0.10.430.590.961.00.460.94-0.78-0.840.760.780.90.710.720.880.140.97-0.76-0.140.930.97-0.430.90.71
0.230.30.410.55-0.05-0.170.230.0-0.38-0.190.490.38-0.13-0.46-0.380.270.84-0.030.49-0.14-0.04-0.010.62-0.35-0.29
0.88-0.260.530.590.930.920.580.95-0.69-0.810.710.690.950.660.720.850.190.96-0.690.93-0.040.95-0.390.850.78
0.92-0.010.420.591.00.970.480.95-0.8-0.80.780.810.90.560.60.910.171.0-0.760.97-0.010.95-0.450.80.67
-0.07-0.160.550.45-0.5-0.5-0.17-0.25-0.09-0.070.10.09-0.29-0.14-0.11-0.050.74-0.460.91-0.430.62-0.39-0.45-0.32-0.32
0.76-0.420.530.520.780.870.390.88-0.59-0.810.570.580.910.920.920.730.090.82-0.620.9-0.350.850.8-0.320.82
0.6-0.520.470.360.660.680.370.76-0.39-0.560.390.390.860.720.70.550.040.69-0.510.71-0.290.780.67-0.320.82
Click cells to compare fundamentals

DouYu International Account Relationship Matchups

DouYu International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.1B8.9B8.2B8.1B8.1B7.0B
Short Long Term Debt Total642.0M53.2M61.7M47.1M21.5M20.4M
Other Current Liab49.1M841.5M969.0M855.9M816.1M755.6M
Total Current Liabilities1.8B1.9B1.8B1.6B1.4B1.7B
Total Stockholder Equity7.2B6.9B6.3B6.6B6.7B3.6B
Other Liab46.1M30.8M18.0M6.6M7.6M7.2M
Net Tangible Assets7.0B6.8B6.2B6.4B7.4B7.8B
Property Plant And Equipment Net38.9M99.9M97.4M66.9M36.6M67.3M
Current Deferred Revenue213.1M252.9M242.6M294.6M328.9M209.8M
Net Debt(8.1B)(5.2B)(4.4B)(4.0B)(4.4B)(4.6B)
Retained Earnings(3.3B)(2.9B)(3.4B)(3.5B)(3.5B)(3.7B)
Accounts Payable890.0M986.1M824.1M667.0M534.4M754.9M
Cash8.1B5.3B4.5B4.0B4.4B4.5B
Non Current Assets Total502.0M874.2M927.8M1.1B1.4B743.7M
Non Currrent Assets Other8.5M19.0M64.8M98.8M163.2M171.3M
Other Assets8.5M19.0M64.8M98.8M113.7M119.4M
Cash And Short Term Investments8.1B7.5B6.5B6.6B6.2B5.7B
Net Receivables212.1M208.8M228.5M145.2M137.5M166.4M
Common Stock Shares Outstanding31.4M33.0M32.5M32.0M32.0M25.6M
Liabilities And Stockholders Equity9.1B8.9B8.2B8.1B8.1B7.0B
Non Current Liabilities Total46.1M47.7M49.3M26.1M6.7M6.4M
Inventory93.2M78.1M91.4M32.1M1.00.95
Other Current Assets204.3M314.8M467.8M379.3M391.3M247.9M
Other Stockholder Equity10.2B9.8B9.8B9.8B9.8B6.8B
Total Liab1.8B1.9B1.9B1.6B1.4B2.4B
Long Term Investments225.5M600.7M591.4M781.9M1.1B1.1B
Property Plant And Equipment Gross38.9M99.9M97.4M66.9M146.4M82.4M
Total Current Assets8.6B8.0B7.2B7.1B6.7B6.2B
Accumulated Other Comprehensive Income434.9M10.9M(114.3M)322.0M415.2M436.0M
Short Term Debt642.0M36.3M30.4M27.5M14.8M14.0M
Intangible Assets198.1M141.7M161.5M106.7M120.7M122.1M
Property Plant Equipment38.9M99.9M97.4M66.9M76.9M71.2M
Net Invested Capital7.2B6.9B6.3B6.6B6.7B4.4B
Net Working Capital6.8B6.2B5.4B5.5B5.3B5.1B

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Additional Tools for DouYu Stock Analysis

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