| 600563 Stock | | | 123.43 1.38 1.13% |
Xiamen Faratronic financial indicator trend analysis is more than just analyzing Xiamen Faratronic current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiamen Faratronic is a good investment. Please check the relationship between Xiamen Faratronic Other Operating Expenses and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiamen Faratronic 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 Total Operating Expenses
Other Operating Expenses vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiamen Faratronic Other Operating Expenses account and
Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Xiamen Faratronic's Other Operating Expenses and Total Operating Expenses is 0.84. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Xiamen Faratronic Co, assuming nothing else is changed. The correlation between historical values of Xiamen Faratronic's Other Operating Expenses and Total Operating Expenses 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 Xiamen Faratronic Co are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Other Operating Expenses i.e., Xiamen Faratronic's Other Operating Expenses and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.84 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Xiamen Faratronic. It is also known as Xiamen Faratronic 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.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Xiamen Faratronic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiamen Faratronic 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 Faratronic 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 94.5
M, whereas
Tax Provision is forecasted to decline to about 111.1
M.
Xiamen Faratronic fundamental ratios Correlations
Click cells to compare fundamentals
Xiamen Faratronic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiamen Faratronic fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Xiamen Stock
Balance Sheet is a snapshot of the
financial position of Xiamen Faratronic at a specified time, usually calculated after every quarter, six months, or one year. Xiamen Faratronic Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiamen Faratronic 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.