603027 Stock | | | 12.81 0.03 0.23% |
Qianhe CondimentFood financial indicator trend analysis is much more than just breaking down Qianhe CondimentFood prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qianhe CondimentFood is a good investment. Please check the relationship between Qianhe CondimentFood Total Revenue and its Ebitda accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Qianhe CondimentFood 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.
Total Revenue vs Ebitda
Total Revenue vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Qianhe CondimentFood Total Revenue account and
Ebitda. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Qianhe CondimentFood's Total Revenue and Ebitda is 0.88. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebitda in the same time period over historical financial statements of Qianhe CondimentFood Co, assuming nothing else is changed. The correlation between historical values of Qianhe CondimentFood's Total Revenue and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Qianhe CondimentFood Co are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Total Revenue i.e., Qianhe CondimentFood's Total Revenue and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Revenue
Total revenue comprises all receipts Qianhe CondimentFood 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.
Ebitda
Most indicators from Qianhe CondimentFood's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qianhe CondimentFood 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 Qianhe CondimentFood 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.
As of December 26, 2024,
Selling General Administrative is expected to decline to about 251.5
M. In addition to that,
Tax Provision is expected to decline to about 51.5
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 260.2M | 408.7M | 592.4M | 622.1M | Total Revenue | 1.9B | 2.4B | 3.2B | 3.4B |
Qianhe CondimentFood fundamental ratios Correlations
Click cells to compare fundamentals
Qianhe CondimentFood Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Qianhe CondimentFood fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Qianhe Stock
Balance Sheet is a snapshot of the
financial position of Qianhe CondimentFood at a specified time, usually calculated after every quarter, six months, or one year. Qianhe CondimentFood Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Qianhe CondimentFood 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 Qianhe currently owns. An asset can also be divided into two categories, current and non-current.