000070 Stock | | | 5.86 0.06 1.01% |
Shenzhen SDG financial indicator trend analysis is much more than just breaking down Shenzhen SDG Information prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shenzhen SDG Information is a good investment. Please check the relationship between Shenzhen SDG Total Revenue and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Shenzhen SDG Information. 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.
Total Revenue vs Total Operating Expenses
Total Revenue vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Shenzhen SDG Information Total Revenue account and
Total Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shenzhen SDG's Total Revenue and Total Operating Expenses is 0.9. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Shenzhen SDG Information, assuming nothing else is changed. The correlation between historical values of Shenzhen SDG's Total Revenue 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 Total Revenue of Shenzhen SDG Information 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 Total Revenue i.e., Shenzhen SDG's Total Revenue and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Shenzhen SDG Information 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.
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 Shenzhen SDG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shenzhen SDG Information 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 Shenzhen SDG Information. 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 154.6
M. The current year's
Tax Provision is expected to grow to about 27
M | 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 45.4M | 91.8M | 184.9M | 127.3M | Total Revenue | 4.6B | 4.2B | 4.9B | 2.5B |
Shenzhen SDG fundamental ratios Correlations
Click cells to compare fundamentals
Shenzhen SDG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shenzhen SDG fundamental ratios Accounts
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Other Information on Investing in Shenzhen Stock
Balance Sheet is a snapshot of the
financial position of Shenzhen SDG Information at a specified time, usually calculated after every quarter, six months, or one year. Shenzhen SDG Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shenzhen SDG 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 Shenzhen currently owns. An asset can also be divided into two categories, current and non-current.