UCloud Gross Profit vs Net Income Analysis

688158 Stock   13.36  0.23  1.69%   
UCloud Technology financial indicator trend analysis is much more than just breaking down UCloud Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether UCloud Technology is a good investment. Please check the relationship between UCloud Technology Gross Profit and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in UCloud Technology 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.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of UCloud Technology Gross Profit account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between UCloud Technology's Gross Profit and Net Income is 0.85. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of UCloud Technology Co, assuming nothing else is changed. The correlation between historical values of UCloud Technology's Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of UCloud Technology Co are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., UCloud Technology's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of UCloud Technology Co minus its cost of goods sold. It is profit before UCloud Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in UCloud Technology financial statement analysis. It represents the amount of money remaining after all of UCloud Technology Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from UCloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into UCloud Technology 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 UCloud Technology 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 248 M, whereas Tax Provision is forecasted to decline to about 548.5 K.
 2022 2023 2024 2025 (projected)
Interest Income35.1M25.8M29.7M32.4M
Net Interest Income19.7M20.6M18.5M19.2M

UCloud Technology fundamental ratios Correlations

0.70.09-0.930.54-0.7-0.3-0.88-0.74-0.590.970.87-0.63-0.9-0.81-0.76-0.79-0.65-0.77-0.59-0.67-0.58-0.6-0.78-0.25-0.5
0.70.11-0.47-0.05-0.030.07-0.35-0.090.10.830.74-0.02-0.44-0.2-0.11-0.24-0.11-0.120.11-0.09-0.010.13-0.170.31-0.39
0.090.11-0.140.55-0.040.81-0.190.090.30.080.48-0.02-0.17-0.11-0.08-0.17-0.01-0.130.21-0.49-0.370.08-0.090.57-0.22
-0.93-0.47-0.14-0.660.890.360.990.890.74-0.85-0.760.850.980.940.920.950.840.910.740.830.730.770.940.340.63
0.54-0.050.55-0.66-0.740.09-0.72-0.63-0.550.390.58-0.63-0.67-0.77-0.76-0.72-0.58-0.81-0.59-0.9-0.89-0.74-0.73-0.27-0.25
-0.7-0.03-0.040.89-0.740.510.940.980.93-0.55-0.470.950.870.960.990.940.90.970.920.860.790.950.970.590.5
-0.30.070.810.360.090.510.350.610.76-0.240.140.510.280.410.450.350.490.390.680.050.090.580.440.790.11
-0.88-0.35-0.190.99-0.720.940.350.930.79-0.78-0.720.890.970.960.960.970.860.940.790.880.770.830.960.390.61
-0.74-0.090.090.89-0.630.980.610.930.95-0.59-0.450.930.870.940.970.920.880.940.930.770.690.930.960.640.49
-0.590.10.30.74-0.550.930.760.790.95-0.43-0.240.870.710.850.890.80.810.870.970.650.620.960.870.80.31
0.970.830.08-0.850.39-0.55-0.24-0.78-0.59-0.430.89-0.48-0.81-0.68-0.61-0.67-0.52-0.62-0.42-0.54-0.46-0.44-0.64-0.13-0.48
0.870.740.48-0.760.58-0.470.14-0.72-0.45-0.240.89-0.35-0.77-0.65-0.54-0.6-0.36-0.61-0.26-0.65-0.62-0.37-0.560.03-0.34
-0.63-0.02-0.020.85-0.630.950.510.890.930.87-0.48-0.350.80.860.960.950.990.880.840.80.670.850.950.460.7
-0.9-0.44-0.170.98-0.670.870.280.970.870.71-0.81-0.770.80.950.910.940.780.920.710.830.750.760.930.350.57
-0.81-0.2-0.110.94-0.770.960.410.960.940.85-0.68-0.650.860.950.970.930.810.990.840.870.870.920.960.560.43
-0.76-0.11-0.080.92-0.760.990.450.960.970.89-0.61-0.540.960.910.970.980.920.980.870.880.810.931.00.540.57
-0.79-0.24-0.170.95-0.720.940.350.970.920.8-0.67-0.60.950.940.930.980.940.930.780.880.760.830.990.370.71
-0.65-0.11-0.010.84-0.580.90.490.860.880.81-0.52-0.360.990.780.810.920.940.820.780.750.610.780.930.380.78
-0.77-0.12-0.130.91-0.810.970.390.940.940.87-0.62-0.610.880.920.990.980.930.820.850.890.880.940.970.580.42
-0.590.110.210.74-0.590.920.680.790.930.97-0.42-0.260.840.710.840.870.780.780.850.690.580.930.840.710.29
-0.67-0.09-0.490.83-0.90.860.050.880.770.65-0.54-0.650.80.830.870.880.880.750.890.690.860.780.870.240.49
-0.58-0.01-0.370.73-0.890.790.090.770.690.62-0.46-0.620.670.750.870.810.760.610.880.580.860.810.80.480.22
-0.60.130.080.77-0.740.950.580.830.930.96-0.44-0.370.850.760.920.930.830.780.940.930.780.810.90.780.25
-0.78-0.17-0.090.94-0.730.970.440.960.960.87-0.64-0.560.950.930.961.00.990.930.970.840.870.80.90.510.61
-0.250.310.570.34-0.270.590.790.390.640.8-0.130.030.460.350.560.540.370.380.580.710.240.480.780.51-0.22
-0.5-0.39-0.220.63-0.250.50.110.610.490.31-0.48-0.340.70.570.430.570.710.780.420.290.490.220.250.61-0.22
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UCloud Technology Account Relationship Matchups

UCloud Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Other Current Liab244.5M320.8M273.9M82.7M74.5M70.7M
Total Current Liabilities1.0B1.9B960.5M1.1B1.2B1.1B
Other Liab27.1M31.1M38.6M21.0M18.9M23.6M
Net Tangible Assets1.7B3.2B2.6B2.9B3.3B2.1B
Retained Earnings(352.1M)(984.2M)(1.4B)(1.7B)(1.6B)(1.5B)
Accounts Payable686.8M842.2M540.6M615.6M708.0M422.4M
Other Assets9.9M27.2M40.1M5.5M6.4M6.0M
Net Receivables496.2M460.4M462.1M475.0M546.2M388.8M
Inventory75.6M93.6M47.2M57.2M65.8M47.3M
Other Current Assets118.6M209.1M47.5M77.5M89.1M66.2M
Other Stockholder Equity395.1K1.6M3.3M1.2M1.1M1.7M
Deferred Long Term Liab3.4M6.6M6.6M3.0M2.7M4.1M
Total Current Assets2.8B2.4B2.2B1.9B2.2B1.9B
Property Plant Equipment901.9M1.4B2.1B1.7B2.0B1.2B
Total Assets4.3B4.7B4.1B3.8B4.4B3.6B
Total Stockholder Equity3.3B2.7B3.0B2.6B3.0B2.5B
Cash2.1B1.6B1.6B1.3B1.5B1.4B
Non Current Assets Total1.5B2.3B1.9B1.9B2.2B1.6B
Non Currrent Assets Other19.1M31.2M2.6M16.3M18.7M13.3M
Non Current Liabilities Total31.1M103.4M136.7M97.0M111.6M72.0M
Total Liab1.0B2.0B1.1B1.2B1.3B1.0B
Net Invested Capital3.3B3.4B3.2B2.7B3.2B2.7B
Net Working Capital1.8B484.3M1.2B850.5M978.0M1.0B
Intangible Assets85.3M83.8M82.5M80.3M92.4M57.1M
Property Plant And Equipment Net1.4B2.1B1.7B1.7B2.0B1.7B
Property Plant And Equipment Gross2.4B3.5B3.1B3.3B3.8B3.1B

Currently Active Assets on Macroaxis

Other Information on Investing in UCloud Stock

Balance Sheet is a snapshot of the financial position of UCloud Technology at a specified time, usually calculated after every quarter, six months, or one year. UCloud Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of UCloud Technology 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 UCloud currently owns. An asset can also be divided into two categories, current and non-current.