600373 Stock | | | 12.60 0.07 0.56% |
Chinese Universe financial indicator trend analysis is way more than just evaluating Chinese Universe Pub prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chinese Universe Pub is a good investment. Please check the relationship between Chinese Universe Operating Income and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chinese Universe Publishing. 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.
Operating Income vs Gross Profit
Operating Income vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chinese Universe Pub Operating Income account and
Gross Profit. At this time, the significance of the direction appears to have very week relationship.
The correlation between Chinese Universe's Operating Income and Gross Profit is 0.28. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Chinese Universe Publishing, assuming nothing else is changed. The correlation between historical values of Chinese Universe's Operating Income and Gross Profit 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 Chinese Universe Publishing are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Chinese Universe's Operating Income and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Chinese Universe Pub 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 Chinese Universe Publishing 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.
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Chinese Universe Publishing minus its cost of goods sold. It is profit before Chinese Universe 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.
Most indicators from Chinese Universe's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chinese Universe Pub 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 Chinese Universe Publishing. 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 November 29, 2024,
Selling General Administrative is expected to decline to about 778.2
M. The current year's
Tax Provision is expected to grow to about (233.4
M)
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 1.3B | 1.3B | 1.5B | 812.3M | Total Revenue | 10.7B | 10.2B | 10.1B | 6.8B |
Chinese Universe fundamental ratios Correlations
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Chinese Universe Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chinese Universe fundamental ratios Accounts
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Other Information on Investing in Chinese Stock
Balance Sheet is a snapshot of the
financial position of Chinese Universe Pub at a specified time, usually calculated after every quarter, six months, or one year. Chinese Universe Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chinese Universe 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 Chinese currently owns. An asset can also be divided into two categories, current and non-current.