002232 Stock | | | 19.87 0.05 0.25% |
Qiming Information financial indicator trend analysis is much more than just breaking down Qiming Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qiming Information is a good investment. Please check the relationship between Qiming Information Ebitda and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qiming Information Technology. 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.
Ebitda vs Operating Income
Ebitda vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qiming Information Ebitda account and
Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Qiming Information's Ebitda and Operating Income is 0.64. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Qiming Information Technology, assuming nothing else is changed. The correlation between historical values of Qiming Information's Ebitda 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 Ebitda of Qiming Information Technology 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 Ebitda i.e., Qiming Information's Ebitda and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ebitda
Operating Income
Operating Income is the amount of profit realized from Qiming Information 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 Qiming Information Technology 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 Qiming Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qiming Information 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 Qiming Information Technology. 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.
The current year's
Selling General Administrative is expected to grow to about 23.3
M. The current year's
Tax Provision is expected to grow to about 10.5
MQiming Information fundamental ratios Correlations
Click cells to compare fundamentals
Qiming Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qiming Information fundamental ratios Accounts
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Other Information on Investing in Qiming Stock
Balance Sheet is a snapshot of the
financial position of Qiming Information at a specified time, usually calculated after every quarter, six months, or one year. Qiming Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qiming Information 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 Qiming currently owns. An asset can also be divided into two categories, current and non-current.