Shaanxi Net Income From Continuing Ops vs Total Revenue Analysis
601568 Stock | 4.57 0.09 2.01% |
Shaanxi Beiyuan financial indicator trend analysis is much more than just breaking down Shaanxi Beiyuan Chemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shaanxi Beiyuan Chemical is a good investment. Please check the relationship between Shaanxi Beiyuan Net Income From Continuing Ops and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Shaanxi Beiyuan Chemical. 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 Income From Continuing Ops vs Total Revenue
Net Income From Continuing Ops vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shaanxi Beiyuan Chemical Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Shaanxi Beiyuan's Net Income From Continuing Ops and Total Revenue is -0.38. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Shaanxi Beiyuan Chemical, assuming nothing else is changed. The correlation between historical values of Shaanxi Beiyuan's Net Income From Continuing Ops 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 Income From Continuing Ops of Shaanxi Beiyuan Chemical 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 Income From Continuing Ops i.e., Shaanxi Beiyuan's Net Income From Continuing Ops and Total Revenue go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Income From Continuing Ops
Total Revenue
Total revenue comprises all receipts Shaanxi Beiyuan Chemical 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 Shaanxi Beiyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shaanxi Beiyuan Chemical 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 Shaanxi Beiyuan Chemical. 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 12, 2024, Tax Provision is expected to decline to about 49.9 M. In addition to that, Selling General Administrative is expected to decline to about 311.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 533.6K | 116.5K | 922.2K | 876.1K | Interest Income | 170.7M | 222.3M | 183.1M | 135.3M |
Shaanxi Beiyuan fundamental ratios Correlations
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Shaanxi Beiyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Shaanxi Stock
Balance Sheet is a snapshot of the financial position of Shaanxi Beiyuan Chemical at a specified time, usually calculated after every quarter, six months, or one year. Shaanxi Beiyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shaanxi Beiyuan 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 Shaanxi currently owns. An asset can also be divided into two categories, current and non-current.