Ningbo Net Interest Income vs Total Revenue Analysis

301193 Stock   17.70  0.80  4.73%   
Ningbo Homelink financial indicator trend analysis is infinitely more than just investigating Ningbo Homelink Eco recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ningbo Homelink Eco is a good investment. Please check the relationship between Ningbo Homelink Net Interest Income and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ningbo Homelink Eco iTech. 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.

Net Interest Income vs Total Revenue

Net Interest Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ningbo Homelink Eco Net Interest Income account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ningbo Homelink's Net Interest Income and Total Revenue is 0.77. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Ningbo Homelink Eco iTech, assuming nothing else is changed. The correlation between historical values of Ningbo Homelink's Net Interest Income and Total 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 Interest Income of Ningbo Homelink Eco iTech are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Interest Income i.e., Ningbo Homelink's Net Interest Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Total Revenue

Total revenue comprises all receipts Ningbo Homelink Eco 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.
Most indicators from Ningbo Homelink's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ningbo Homelink Eco 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 Ningbo Homelink Eco iTech. 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 1, 2024, Tax Provision is expected to decline to about 3.3 M. In addition to that, Selling General Administrative is expected to decline to about 109.9 M
 2021 2022 2023 2024 (projected)
Interest Expense12.7M15.0M16.8M25.3M
Interest Income1.4M6.3M12.0M12.6M

Ningbo Homelink fundamental ratios Correlations

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Other Information on Investing in Ningbo Stock

Balance Sheet is a snapshot of the financial position of Ningbo Homelink Eco at a specified time, usually calculated after every quarter, six months, or one year. Ningbo Homelink Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ningbo Homelink 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 Ningbo currently owns. An asset can also be divided into two categories, current and non-current.