SY Stock | | | USD 0.87 0.04 4.82% |
So Young financial indicator trend analysis is much more than just breaking down So Young International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether So Young International is a good investment. Please check the relationship between So Young Income Before Tax and its Cost Of Revenue accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. 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.
Income Before Tax vs Cost Of Revenue
Income Before Tax vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
So Young International Income Before Tax account and
Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between So Young's Income Before Tax and Cost Of Revenue is 0.29. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of So Young International, assuming nothing else is changed. The correlation between historical values of So Young's Income Before Tax and Cost Of 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 Income Before Tax of So Young International are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., So Young's Income Before Tax and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on So Young income statement and is an important metric when analyzing So Young International profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Cost Of Revenue
Cost of Revenue is found on So Young International income statement and represents the costs associated with goods and services So Young provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from So Young's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into So Young 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
World Market Map to better understand how to build diversified portfolios, which includes a position in So Young International. 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.
Sales General And Administrative To Revenue is likely to rise to 0.20 in 2024, despite the fact that
Tax Provision is likely to grow to (9.2
M).
So Young fundamental ratios Correlations
Click cells to compare fundamentals
So Young Account Relationship Matchups
High Positive Relationship
High Negative Relationship
So Young fundamental ratios Accounts
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Additional Tools for So Young Stock Analysis
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predict the probability of So Young's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move So Young's price. Additionally, you may evaluate how the addition of So Young to your portfolios can decrease your overall portfolio volatility.