000700 Stock | | | 7.75 0.03 0.39% |
Jiangnan Mould financial indicator trend analysis is infinitely more than just investigating Jiangnan Mould Plastic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangnan Mould Plastic is a good investment. Please check the relationship between Jiangnan Mould Tax Provision and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangnan Mould Plastic. 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.
Tax Provision vs Gross Profit
Tax Provision vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangnan Mould Plastic Tax Provision account and
Gross Profit. At this time, the significance of the direction appears to have pay attention.
The correlation between Jiangnan Mould's Tax Provision and Gross Profit is -0.8. Overlapping area represents the amount of variation of Tax Provision that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Jiangnan Mould Plastic, assuming nothing else is changed. The correlation between historical values of Jiangnan Mould's Tax Provision 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 Tax Provision of Jiangnan Mould Plastic 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 Tax Provision i.e., Jiangnan Mould's Tax Provision and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Jiangnan Mould Plastic minus its cost of goods sold. It is profit before Jiangnan Mould 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 Jiangnan Mould's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangnan Mould Plastic 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 Jiangnan Mould Plastic. 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.
As of December 11, 2024,
Selling General Administrative is expected to decline to about 123.7
M. In addition to that, Tax Provision is expected to decline to about 5.8
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 1.3B | 1.4B | 1.5B | 1.6B | Total Revenue | 7.4B | 7.7B | 8.7B | 9.2B |
Jiangnan Mould fundamental ratios Correlations
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Jiangnan Mould Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangnan Mould fundamental ratios Accounts
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Other Information on Investing in Jiangnan Stock
Balance Sheet is a snapshot of the
financial position of Jiangnan Mould Plastic at a specified time, usually calculated after every quarter, six months, or one year. Jiangnan Mould Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangnan Mould 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 Jiangnan currently owns. An asset can also be divided into two categories, current and non-current.