300830 Stock | | | 7.63 0.07 0.93% |
Jinxiandai Information financial indicator trend analysis is infinitely more than just investigating Jinxiandai Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinxiandai Information is a good investment. Please check the relationship between Jinxiandai Information Gross Profit and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinxiandai Information Industry. 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.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jinxiandai Information Gross Profit account and
Cost Of Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Jinxiandai Information's Gross Profit and Cost Of Revenue is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Jinxiandai Information Industry, assuming nothing else is changed. The correlation between historical values of Jinxiandai Information's Gross Profit 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 Gross Profit of Jinxiandai Information Industry 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 Gross Profit i.e., Jinxiandai Information's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Jinxiandai Information Industry minus its cost of goods sold. It is profit before Jinxiandai Information 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.
Cost Of Revenue
Cost of Revenue is found on Jinxiandai Information income statement and represents the costs associated with goods and services Jinxiandai Information 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 Jinxiandai Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinxiandai Information 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 Jinxiandai Information Industry. 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.
The current year's
Tax Provision is expected to grow to about (5.3
M). In addition to that,
Selling General Administrative is expected to decline to about 38.3
M | 2022 | 2023 | 2024 | 2025 (projected) |
Gross Profit | 258.6M | 231.1M | 265.8M | 225.6M | Total Revenue | 627.8M | 507.9M | 584.0M | 513.3M |
Jinxiandai Information fundamental ratios Correlations
Click cells to compare fundamentals
Jinxiandai Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jinxiandai Information fundamental ratios Accounts
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Other Information on Investing in Jinxiandai Stock
Balance Sheet is a snapshot of the
financial position of Jinxiandai Information at a specified time, usually calculated after every quarter, six months, or one year. Jinxiandai Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinxiandai Information 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 Jinxiandai currently owns. An asset can also be divided into two categories, current and non-current.