600096 Stock | | | 22.46 0.11 0.49% |
Yunnan Yuntianhua financial indicator trend analysis is more than just analyzing Yunnan Yuntianhua current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Yuntianhua is a good investment. Please check the relationship between Yunnan Yuntianhua Other Operating Expenses and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Yuntianhua Co. 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.
Other Operating Expenses vs Income Before Tax
Other Operating Expenses vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Yuntianhua Other Operating Expenses account and
Income Before Tax. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yunnan Yuntianhua's Other Operating Expenses and Income Before Tax is 0.75. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Yunnan Yuntianhua Co, assuming nothing else is changed. The correlation between historical values of Yunnan Yuntianhua's Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Yunnan Yuntianhua Co are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Yunnan Yuntianhua's Other Operating Expenses and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Yunnan Yuntianhua. It is also known as Yunnan Yuntianhua overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Yunnan Yuntianhua income statement and is an important metric when analyzing Yunnan Yuntianhua profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Yunnan Yuntianhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Yuntianhua 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 Yunnan Yuntianhua Co. 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
Selling General Administrative is expected to grow to about 1.9
B, whereas
Tax Provision is forecasted to decline to about 578.9
M.
Yunnan Yuntianhua fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Yuntianhua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Yuntianhua fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Yuntianhua at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Yuntianhua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Yuntianhua 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.