300803 Stock | | | 94.07 1.08 1.14% |
Beijing Compass financial indicator trend analysis is way more than just evaluating Beijing Compass Tech prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Compass Tech is a good investment. Please check the relationship between Beijing Compass Net Income From Continuing Ops and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Compass 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 board of governors.
Net Income From Continuing Ops vs Cost Of Revenue
Net Income From Continuing Ops vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Compass Tech Net Income From Continuing Ops account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Beijing Compass' Net Income From Continuing Ops and Cost Of Revenue is 0.14. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Beijing Compass Technology, assuming nothing else is changed. The correlation between historical values of Beijing Compass' Net Income From Continuing Ops 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 From Continuing Ops of Beijing Compass Technology 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 From Continuing Ops i.e., Beijing Compass' Net Income From Continuing Ops and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Cost Of Revenue
Cost of Revenue is found on Beijing Compass Tech income statement and represents the costs associated with goods and services Beijing Compass 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 Beijing Compass' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Compass Tech 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 Compass 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 board of governors.
The current year's
Tax Provision is expected to grow to about (9.4
M). In addition to that,
Selling General Administrative is expected to decline to about 466.1
MBeijing Compass fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Compass Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Compass fundamental ratios Accounts
Also Currently Popular
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 Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Compass Tech at a specified time, usually calculated after every quarter, six months, or one year. Beijing Compass Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Compass 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.