603688 Stock | | | 29.08 0.41 1.39% |
Jiangsu Pacific financial indicator trend analysis is infinitely more than just investigating Jiangsu Pacific Quartz recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiangsu Pacific Quartz is a good investment. Please check the relationship between Jiangsu Pacific Cost Of Revenue and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiangsu Pacific Quartz. 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.
Cost Of Revenue vs Total Operating Expenses
Cost Of Revenue vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Jiangsu Pacific Quartz Cost Of Revenue account and
Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Jiangsu Pacific's Cost Of Revenue and Total Operating Expenses is 0.86. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Jiangsu Pacific Quartz, assuming nothing else is changed. The correlation between historical values of Jiangsu Pacific's Cost Of Revenue 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 Cost Of Revenue of Jiangsu Pacific Quartz 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 Cost Of Revenue i.e., Jiangsu Pacific's Cost Of Revenue and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Jiangsu Pacific Quartz income statement and represents the costs associated with goods and services Jiangsu Pacific provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Jiangsu Pacific's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiangsu Pacific Quartz 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 Jiangsu Pacific Quartz. 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
Tax Provision is expected to grow to about 913.3
M, whereas
Selling General Administrative is forecasted to decline to about 35.5
M.
Jiangsu Pacific fundamental ratios Correlations
Click cells to compare fundamentals
Jiangsu Pacific Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Jiangsu Pacific fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Stock
Balance Sheet is a snapshot of the
financial position of Jiangsu Pacific Quartz at a specified time, usually calculated after every quarter, six months, or one year. Jiangsu Pacific Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jiangsu Pacific 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 Jiangsu currently owns. An asset can also be divided into two categories, current and non-current.