603319 Stock | | | 24.80 0.71 2.95% |
Hunan Oil financial indicator trend analysis is much more than just examining Hunan Oil Pump latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan Oil Pump is a good investment. Please check the relationship between Hunan Oil Total Revenue and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan Oil Pump. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Revenue vs Selling General Administrative
Total Revenue vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hunan Oil Pump Total Revenue account and
Selling General Administrative. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hunan Oil's Total Revenue and Selling General Administrative is -0.39. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Hunan Oil Pump, assuming nothing else is changed. The correlation between historical values of Hunan Oil's Total Revenue and Selling General Administrative 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 Hunan Oil Pump are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Revenue i.e., Hunan Oil's Total Revenue and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.39 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Hunan Oil Pump 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.
Selling General Administrative
Most indicators from Hunan Oil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan Oil Pump 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 Hunan Oil Pump. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
As of January 21, 2025, Selling General Administrative is expected to decline to about 51.7
M. In addition to that,
Tax Provision is expected to decline to about 16.8
M | 2022 | 2023 | 2024 | 2025 (projected) |
Operating Income | 203.9M | 269.6M | 310.1M | 325.6M | Total Revenue | 1.6B | 1.9B | 2.2B | 2.3B |
Hunan Oil fundamental ratios Correlations
Click cells to compare fundamentals
Hunan Oil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hunan Oil fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Hunan Stock
Balance Sheet is a snapshot of the
financial position of Hunan Oil Pump at a specified time, usually calculated after every quarter, six months, or one year. Hunan Oil Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hunan Oil 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 Hunan currently owns. An asset can also be divided into two categories, current and non-current.