| WNW Stock | | | USD 1.30 0.01 0.78% |
Meiwu Technology financial indicator trend analysis is infinitely more than just investigating Meiwu Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meiwu Technology is a good investment. Please check the relationship between Meiwu Technology Net Income and its Total Revenue accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Meiwu Technology Net Income account and
Total Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Meiwu Technology's Net Income and Total Revenue is -0.52. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Meiwu Technology Co, assuming nothing else is changed. The correlation between historical values of Meiwu Technology's Net Income and Total 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 Net Income of Meiwu Technology Co are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income i.e., Meiwu Technology's Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.52 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Meiwu Technology financial statement analysis. It represents the amount of money remaining after all of Meiwu Technology Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Revenue
Total revenue comprises all receipts Meiwu Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Meiwu Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meiwu Technology 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, Meiwu Technology's
Tax Provision is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, whereas
Selling General Administrative is likely to drop slightly above 2
M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.8M | 895.7K | 2.6M | 2.0M | Total Revenue | 12.3M | 11.0M | 11.0M | 10.2M |
Meiwu Technology fundamental ratios Correlations
Click cells to compare fundamentals
Meiwu Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Meiwu Technology fundamental ratios Accounts
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Additional Tools for Meiwu Stock Analysis
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measure Meiwu Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meiwu Technology is operating at the current time. Most of Meiwu Technology's value examination focuses on studying past and present price action to
predict the probability of Meiwu Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiwu Technology's price. Additionally, you may evaluate how the addition of Meiwu Technology to your portfolios can decrease your overall portfolio volatility.