300002 Stock | | | 12.79 0.19 1.51% |
Beijing Ultrapower financial indicator trend analysis is way more than just evaluating Beijing Ultrapower prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Ultrapower is a good investment. Please check the relationship between Beijing Ultrapower Interest Income and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Ultrapower Software. 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.
Interest Income vs Income Before Tax
Interest Income vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Ultrapower Interest Income account and
Income Before Tax. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Beijing Ultrapower's Interest Income and Income Before Tax is 0.54. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Beijing Ultrapower Software, assuming nothing else is changed. The correlation between historical values of Beijing Ultrapower's Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Beijing Ultrapower Software are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Interest Income i.e., Beijing Ultrapower's Interest Income and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Beijing Ultrapower income statement and is an important metric when analyzing Beijing Ultrapower profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Beijing Ultrapower's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Ultrapower 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 Beijing Ultrapower Software. 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.
The current year's
Tax Provision is expected to grow to about 179.7
M, whereas
Selling General Administrative is forecasted to decline to about 103.2
M.
Beijing Ultrapower fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Ultrapower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Ultrapower fundamental ratios Accounts
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Ultrapower at a specified time, usually calculated after every quarter, six months, or one year. Beijing Ultrapower Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Ultrapower 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.