002195 Stock | | | 4.83 0.44 10.02% |
Shanghai 2345 financial indicator trend analysis is much more than just breaking down Shanghai 2345 Network prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shanghai 2345 Network is a good investment. Please check the relationship between Shanghai 2345 Net Income and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shanghai 2345 Network. 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 vs Cost Of Revenue
Net Income vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shanghai 2345 Network Net Income account and
Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Shanghai 2345's Net Income and Cost Of Revenue is -0.08. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Shanghai 2345 Network, assuming nothing else is changed. The correlation between historical values of Shanghai 2345's Net Income 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 Net Income of Shanghai 2345 Network 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 Net Income i.e., Shanghai 2345's Net Income and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.08 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Shanghai 2345 Network financial statement analysis. It represents the amount of money remaining after all of Shanghai 2345 Network operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Cost Of Revenue
Cost of Revenue is found on Shanghai 2345 Network income statement and represents the costs associated with goods and services Shanghai 2345 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 Shanghai 2345's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shanghai 2345 Network 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 Shanghai 2345 Network. 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 18, 2024,
Selling General Administrative is expected to decline to about 55.5
M. In addition to that,
Tax Provision is expected to decline to about 73.2
MShanghai 2345 fundamental ratios Correlations
Click cells to compare fundamentals
Shanghai 2345 Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shanghai 2345 fundamental ratios Accounts
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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 Shanghai Stock
Balance Sheet is a snapshot of the
financial position of Shanghai 2345 Network at a specified time, usually calculated after every quarter, six months, or one year. Shanghai 2345 Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shanghai 2345 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 Shanghai currently owns. An asset can also be divided into two categories, current and non-current.