002138 Stock | | | 32.75 0.21 0.65% |
Shenzhen Sunlord financial indicator trend analysis is much more than just breaking down Shenzhen Sunlord Ele prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen Sunlord Ele is a good investment. Please check the relationship between Shenzhen Sunlord Net Income From Continuing Ops and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen Sunlord Electronics. 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.
Net Income From Continuing Ops vs Operating Income
Net Income From Continuing Ops vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen Sunlord Ele Net Income From Continuing Ops account and
Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen Sunlord's Net Income From Continuing Ops and Operating Income is 0.94. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Operating Income in the same time period over historical financial statements of Shenzhen Sunlord Electronics, assuming nothing else is changed. The correlation between historical values of Shenzhen Sunlord's Net Income From Continuing Ops 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 Net Income From Continuing Ops of Shenzhen Sunlord Electronics 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 Net Income From Continuing Ops i.e., Shenzhen Sunlord's Net Income From Continuing Ops and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Operating Income
Operating Income is the amount of profit realized from Shenzhen Sunlord Ele 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 Shenzhen Sunlord Electronics 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 Shenzhen Sunlord's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen Sunlord Ele 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 Shenzhen Sunlord Electronics. 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 December 23, 2024,
Selling General Administrative is expected to decline to about 110.2
M. In addition to that,
Tax Provision is expected to decline to about 72.4
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 1.0B | 737.8M | 1.0B | 1.1B | Total Revenue | 4.6B | 4.2B | 5.0B | 5.3B |
Shenzhen Sunlord fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen Sunlord Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen Sunlord fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen Sunlord Ele at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen Sunlord Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen Sunlord 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.