605388 Stock | | | 7.45 0.30 4.20% |
JuneYao Dairy financial indicator trend analysis is infinitely more than just investigating JuneYao Dairy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JuneYao Dairy is a good investment. Please check the relationship between JuneYao Dairy Total Revenue and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in JuneYao Dairy 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 Research Development
Total Revenue vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
JuneYao Dairy Total Revenue account and
Research Development. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between JuneYao Dairy's Total Revenue and Research Development is 0.42. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of JuneYao Dairy Co, assuming nothing else is changed. The correlation between historical values of JuneYao Dairy's Total Revenue and Research Development 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 JuneYao Dairy Co are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Revenue i.e., JuneYao Dairy's Total Revenue and Research Development go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts JuneYao Dairy 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.
Research Development
Most indicators from JuneYao Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JuneYao Dairy 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 JuneYao Dairy 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 307.8
M, whereas
Tax Provision is forecasted to decline to about 18.1
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 371.1M | 351.5M | 399.2M | 391.2M | Total Revenue | 913.6M | 986.1M | 1.6B | 1.3B |
JuneYao Dairy fundamental ratios Correlations
Click cells to compare fundamentals
JuneYao Dairy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
JuneYao Dairy fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in JuneYao Stock
Balance Sheet is a snapshot of the
financial position of JuneYao Dairy at a specified time, usually calculated after every quarter, six months, or one year. JuneYao Dairy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of JuneYao Dairy 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 JuneYao currently owns. An asset can also be divided into two categories, current and non-current.