QuantaSing Gross Profit vs Operating Income Analysis
| QSG Stock | 2.85 0.43 13.11% |
QuantaSing Group financial indicator trend analysis is much more than just breaking down QuantaSing Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether QuantaSing Group is a good investment. Please check the relationship between QuantaSing Group Gross Profit and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuantaSing Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Gross Profit vs Operating Income
Gross Profit vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of QuantaSing Group Gross Profit account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between QuantaSing Group's Gross Profit and Operating Income is 0.89. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of QuantaSing Group Limited, assuming nothing else is changed. The correlation between historical values of QuantaSing Group's Gross Profit 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 Gross Profit of QuantaSing Group Limited 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 Gross Profit i.e., QuantaSing Group's Gross Profit and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.89 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of QuantaSing Group Limited minus its cost of goods sold. It is profit before QuantaSing Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from QuantaSing Group 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 QuantaSing Group Limited 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 QuantaSing Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into QuantaSing Group 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuantaSing Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, QuantaSing Group's Selling General Administrative is most likely to increase significantly in the upcoming years. The QuantaSing Group's current Sales General And Administrative To Revenue is estimated to increase to 0.06, while Tax Provision is projected to decrease to roughly 19.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 387K | 5.3M | 10.5M | 11.0M | Tax Provision | 18.4M | 21.7M | 31.3M | 19.9M |
QuantaSing Group fundamental ratios Correlations
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QuantaSing Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether QuantaSing Group is a strong investment it is important to analyze QuantaSing Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact QuantaSing Group's future performance. For an informed investment choice regarding QuantaSing Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuantaSing Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of QuantaSing Group. If investors know QuantaSing will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about QuantaSing Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.965 | Earnings Share 0.99 | Revenue Per Share 69.007 | Quarterly Revenue Growth 0.207 | Return On Assets 0.1828 |
The market value of QuantaSing Group is measured differently than its book value, which is the value of QuantaSing that is recorded on the company's balance sheet. Investors also form their own opinion of QuantaSing Group's value that differs from its market value or its book value, called intrinsic value, which is QuantaSing Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QuantaSing Group's market value can be influenced by many factors that don't directly affect QuantaSing Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QuantaSing Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuantaSing Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuantaSing Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.