688169 Stock | | | 205.50 3.34 1.60% |
Beijing Roborock financial indicator trend analysis is way more than just evaluating Beijing Roborock Tec prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Roborock Tec is a good investment. Please check the relationship between Beijing Roborock Reconciled Depreciation and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Roborock Technology. 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.
Reconciled Depreciation vs Total Revenue
Reconciled Depreciation vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Roborock Tec Reconciled Depreciation account and
Total Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing Roborock's Reconciled Depreciation and Total Revenue is 0.86. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Beijing Roborock Technology, assuming nothing else is changed. The correlation between historical values of Beijing Roborock's Reconciled Depreciation and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Beijing Roborock Technology are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Reconciled Depreciation i.e., Beijing Roborock's Reconciled Depreciation and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Reconciled Depreciation
Total Revenue
Total revenue comprises all receipts Beijing Roborock Tec 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.
Most indicators from Beijing Roborock's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Roborock Tec 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 Roborock Technology. 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 2
B, whereas
Tax Provision is forecasted to decline to about 164.5
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 2.8B | 3.3B | 4.8B | 5.0B | Total Revenue | 5.8B | 6.6B | 8.7B | 4.7B |
Beijing Roborock fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Roborock Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Roborock 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 Roborock Tec at a specified time, usually calculated after every quarter, six months, or one year. Beijing Roborock Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Roborock 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.