000035 Stock | | | 4.57 0.14 2.97% |
China Tianying financial indicator trend analysis is way more than just evaluating China Tianying prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Tianying is a good investment. Please check the relationship between China Tianying Research Development and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Tianying. 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.
Research Development vs Gross Profit
Research Development vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Tianying Research Development account and
Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between China Tianying's Research Development and Gross Profit is 0.68. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Gross Profit in the same time period over historical financial statements of China Tianying, assuming nothing else is changed. The correlation between historical values of China Tianying's Research Development and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of China Tianying are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Research Development i.e., China Tianying's Research Development and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Research Development
Gross Profit
Gross profit is a required income statement account that reflects total revenue of China Tianying minus its cost of goods sold. It is profit before China Tianying 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.
Most indicators from China Tianying's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Tianying 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 China Tianying. 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 January 6, 2025,
Selling General Administrative is expected to decline to about 195.2
M. In addition to that,
Tax Provision is expected to decline to about 39.3
MChina Tianying fundamental ratios Correlations
Click cells to compare fundamentals
China Tianying Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Tianying fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Tianying at a specified time, usually calculated after every quarter, six months, or one year. China Tianying Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Tianying 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 China currently owns. An asset can also be divided into two categories, current and non-current.