688058 Stock | | | 24.14 0.55 2.23% |
Beijing Baolande financial indicator trend analysis is way more than just evaluating Beijing Baolande Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Baolande Software is a good investment. Please check the relationship between Beijing Baolande Income Before Tax and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Baolande Software. 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.
Income Before Tax vs Total Operating Expenses
Income Before Tax vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Baolande Software Income Before Tax account and
Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Beijing Baolande's Income Before Tax and Total Operating Expenses is -0.69. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Beijing Baolande Software, assuming nothing else is changed. The correlation between historical values of Beijing Baolande's Income Before Tax 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 Income Before Tax of Beijing Baolande Software 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 Income Before Tax i.e., Beijing Baolande's Income Before Tax and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.69 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Beijing Baolande income statement and is an important metric when analyzing Beijing Baolande Software profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Beijing Baolande's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Baolande Software 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 Beijing Baolande Software. 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 4.3
M. The current year's
Selling General Administrative is expected to grow to about 179.8
MBeijing Baolande fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Baolande Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Baolande fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Baolande Software at a specified time, usually calculated after every quarter, six months, or one year. Beijing Baolande Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Baolande 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.