300207 Stock | | | 23.25 0.10 0.43% |
Sunwoda Electronic financial indicator trend analysis is much more than just breaking down Sunwoda Electronic prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sunwoda Electronic is a good investment. Please check the relationship between Sunwoda Electronic Gross Profit and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sunwoda Electronic. 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.
Gross Profit vs Ebit
Gross Profit vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sunwoda Electronic Gross Profit account and
Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sunwoda Electronic's Gross Profit and Ebit is 0.87. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Ebit in the same time period over historical financial statements of Sunwoda Electronic, assuming nothing else is changed. The correlation between historical values of Sunwoda Electronic's Gross Profit and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Sunwoda Electronic are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Gross Profit i.e., Sunwoda Electronic's Gross Profit and Ebit go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sunwoda Electronic minus its cost of goods sold. It is profit before Sunwoda Electronic 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.
Ebit
Most indicators from Sunwoda Electronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sunwoda Electronic 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 Sunwoda Electronic. 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
Selling General Administrative is expected to grow to about 1.2
B, whereas
Tax Provision is projected to grow to (154.4
M).
Sunwoda Electronic fundamental ratios Correlations
Click cells to compare fundamentals
Sunwoda Electronic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sunwoda Electronic fundamental ratios Accounts
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Other Information on Investing in Sunwoda Stock
Balance Sheet is a snapshot of the
financial position of Sunwoda Electronic at a specified time, usually calculated after every quarter, six months, or one year. Sunwoda Electronic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sunwoda Electronic 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 Sunwoda currently owns. An asset can also be divided into two categories, current and non-current.