300385 Stock | | | 4.55 0.20 4.60% |
Wuxi Xuelang financial indicator trend analysis is more than just analyzing Wuxi Xuelang Environ current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuxi Xuelang Environ is a good investment. Please check the relationship between Wuxi Xuelang Research Development and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuxi Xuelang Environmental. 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.
Research Development vs Cost Of Revenue
Research Development vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Wuxi Xuelang Environ Research Development account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wuxi Xuelang's Research Development and Cost Of Revenue is 0.98. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Wuxi Xuelang Environmental, assuming nothing else is changed. The correlation between historical values of Wuxi Xuelang's Research Development 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 Research Development of Wuxi Xuelang Environmental 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 Research Development i.e., Wuxi Xuelang's Research Development and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Research Development
Cost Of Revenue
Cost of Revenue is found on Wuxi Xuelang Environ income statement and represents the costs associated with goods and services Wuxi Xuelang 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 Wuxi Xuelang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuxi Xuelang Environ 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 Wuxi Xuelang Environmental. 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 January 7, 2025,
Selling General Administrative is expected to decline to about 28.6
M. The current year's
Tax Provision is expected to grow to about (8.8
M)
Wuxi Xuelang fundamental ratios Correlations
Click cells to compare fundamentals
Wuxi Xuelang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wuxi Xuelang fundamental ratios Accounts
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Other Information on Investing in Wuxi Stock
Balance Sheet is a snapshot of the
financial position of Wuxi Xuelang Environ at a specified time, usually calculated after every quarter, six months, or one year. Wuxi Xuelang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuxi Xuelang 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 Wuxi currently owns. An asset can also be divided into two categories, current and non-current.