301148 Stock | | | 17.08 0.79 4.42% |
Xiamen Jiarong financial indicator trend analysis is more than just analyzing Xiamen Jiarong Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Jiarong Technology is a good investment. Please check the relationship between Xiamen Jiarong Operating Income and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Jiarong Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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Operating Income vs Research Development
Operating Income vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Jiarong Technology Operating Income account and
Research Development. At this time, the significance of the direction appears to have pay attention.
The correlation between Xiamen Jiarong's Operating Income and Research Development is -0.89. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Research Development in the same time period over historical financial statements of Xiamen Jiarong Technology, assuming nothing else is changed. The correlation between historical values of Xiamen Jiarong's Operating Income and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Xiamen Jiarong Technology are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Operating Income i.e., Xiamen Jiarong's Operating Income and Research Development go up and down completely randomly.
Correlation Coefficient | -0.89 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Xiamen Jiarong Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Xiamen Jiarong Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Research Development
Most indicators from Xiamen Jiarong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Jiarong Technology 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 Xiamen Jiarong 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 nation.
As of January 6, 2025,
Tax Provision is expected to decline to about 367.7
K. In addition to that,
Selling General Administrative is expected to decline to about 67.3
MXiamen Jiarong fundamental ratios Correlations
Click cells to compare fundamentals
Xiamen Jiarong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiamen Jiarong fundamental ratios Accounts
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Other Information on Investing in Xiamen Stock
Balance Sheet is a snapshot of the
financial position of Xiamen Jiarong Technology at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Jiarong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Jiarong 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 Xiamen currently owns. An asset can also be divided into two categories, current and non-current.