Fanhua Non Current Liabilities Total vs Operating Income Analysis
AIFU Stock | 1.24 0.05 3.88% |
Fanhua financial indicator trend analysis is much more than just examining Fanhua Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fanhua Inc is a good investment. Please check the relationship between Fanhua Non Current Liabilities Total and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Non Current Liabilities Total vs Operating Income
Non Current Liabilities Total vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fanhua Inc Non Current Liabilities Total account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Fanhua's Non Current Liabilities Total and Operating Income is -0.83. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fanhua Inc, assuming nothing else is changed. The correlation between historical values of Fanhua's Non Current Liabilities Total and Operating 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 Non Current Liabilities Total of Fanhua Inc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Non Current Liabilities Total i.e., Fanhua's Non Current Liabilities Total and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.83 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Non Current Liabilities Total
Operating Income
Operating Income is the amount of profit realized from Fanhua Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fanhua Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Fanhua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fanhua Inc 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 Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. Selling General Administrative is likely to gain to about 902.2 M in 2024, whereas Tax Provision is likely to drop slightly above 54.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 3.0M | 13.7M | 5.7M | 7.2M | Tax Provision | 90.6M | 41.0M | 59.4M | 54.9M |
Fanhua fundamental ratios Correlations
Click cells to compare fundamentals
Fanhua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Fanhua Stock Analysis
When running Fanhua's price analysis, check to measure Fanhua's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fanhua is operating at the current time. Most of Fanhua's value examination focuses on studying past and present price action to predict the probability of Fanhua's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fanhua's price. Additionally, you may evaluate how the addition of Fanhua to your portfolios can decrease your overall portfolio volatility.