688108 Stock | | | 11.00 0.21 1.87% |
Sino Medical financial indicator trend analysis is much more than just breaking down Sino Medical Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sino Medical Sciences is a good investment. Please check the relationship between Sino Medical Total Revenue and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sino Medical Sciences. 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 Net Income From Continuing Ops
Total Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sino Medical Sciences Total Revenue account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sino Medical's Total Revenue and Net Income From Continuing Ops is 0.72. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Sino Medical Sciences, assuming nothing else is changed. The correlation between historical values of Sino Medical's Total Revenue and Net Income From Continuing Ops 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 Sino Medical Sciences are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Revenue i.e., Sino Medical's Total Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts Sino Medical Sciences 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.
Net Income From Continuing Ops
Most indicators from Sino Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sino Medical Sciences 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 Sino Medical Sciences. 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.
The current year's
Tax Provision is expected to grow to about (23.2
M). In addition to that,
Selling General Administrative is expected to decline to about 82.7
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 143.5M | 121.7M | 202.2M | 190.1M | Total Revenue | 194.4M | 192.9M | 343.3M | 246.2M |
Sino Medical fundamental ratios Correlations
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Sino Medical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sino Medical fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sino Stock
Balance Sheet is a snapshot of the
financial position of Sino Medical Sciences at a specified time, usually calculated after every quarter, six months, or one year. Sino Medical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sino Medical 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 Sino currently owns. An asset can also be divided into two categories, current and non-current.