300823 Stock | | | 13.96 0.01 0.07% |
Tjk Machinery financial indicator trend analysis is much more than just breaking down Tjk Machinery Tianjin prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tjk Machinery Tianjin is a good investment. Please check the relationship between Tjk Machinery Total Revenue and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tjk Machinery Tianjin. 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.
Total Revenue vs Ebit
Total Revenue vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tjk Machinery Tianjin Total Revenue account and
Ebit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tjk Machinery's Total Revenue and Ebit is 0.69. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Tjk Machinery Tianjin, assuming nothing else is changed. The correlation between historical values of Tjk Machinery's Total Revenue 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 Total Revenue of Tjk Machinery Tianjin 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 Total Revenue i.e., Tjk Machinery's Total Revenue and Ebit go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Tjk Machinery Tianjin generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Ebit
Most indicators from Tjk Machinery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tjk Machinery Tianjin 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 Tjk Machinery Tianjin. 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 December 30, 2024,
Tax Provision is expected to decline to about 8.5
M. In addition to that,
Selling General Administrative is expected to decline to about 41.5
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 219.9M | 157.8M | 203.4M | 218.5M | Total Revenue | 481.2M | 437.3M | 461.0M | 481.1M |
Tjk Machinery fundamental ratios Correlations
Click cells to compare fundamentals
Tjk Machinery Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tjk Machinery fundamental ratios Accounts
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Other Information on Investing in Tjk Stock
Balance Sheet is a snapshot of the
financial position of Tjk Machinery Tianjin at a specified time, usually calculated after every quarter, six months, or one year. Tjk Machinery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tjk Machinery 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 Tjk currently owns. An asset can also be divided into two categories, current and non-current.