Luzhou Gross Profit vs Total Other Income Expense Net Analysis

000568 Stock   137.10  1.08  0.78%   
Luzhou Lao financial indicator trend analysis is infinitely more than just investigating Luzhou Lao Jiao recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Luzhou Lao Jiao is a good investment. Please check the relationship between Luzhou Lao Gross Profit and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Luzhou Lao Jiao. 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 Total Other Income Expense Net

Gross Profit vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Luzhou Lao Jiao Gross Profit account and Total Other Income Expense Net. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Luzhou Lao's Gross Profit and Total Other Income Expense Net is -0.63. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Luzhou Lao Jiao, assuming nothing else is changed. The correlation between historical values of Luzhou Lao's Gross Profit and Total Other Income Expense Net 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 Luzhou Lao Jiao are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Gross Profit i.e., Luzhou Lao's Gross Profit and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Luzhou Lao Jiao minus its cost of goods sold. It is profit before Luzhou Lao 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.

Total Other Income Expense Net

Most indicators from Luzhou Lao's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Luzhou Lao Jiao 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 Luzhou Lao Jiao. 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 4.8 B, whereas Tax Provision is forecasted to decline to about 2.3 B.
 2021 2022 2023 2024 (projected)
Operating Income10.1B13.4B17.3B18.1B
Total Revenue20.6B25.1B30.2B31.7B

Luzhou Lao fundamental ratios Correlations

-0.040.921.00.920.990.880.980.940.92-0.450.860.980.080.990.940.440.950.880.880.840.890.890.680.960.58
-0.040.33-0.05-0.21-0.060.23-0.140.15-0.310.54-0.11-0.070.110.0-0.040.370.050.1-0.23-0.03-0.010.180.28-0.26-0.39
0.920.330.910.750.90.940.870.940.75-0.210.750.880.050.940.870.530.920.850.720.790.820.90.760.810.41
1.0-0.050.910.931.00.870.980.930.92-0.450.870.980.120.980.930.470.940.880.870.850.890.880.660.950.58
0.92-0.210.750.930.940.680.920.820.91-0.550.880.940.220.880.850.420.810.790.890.730.820.750.50.910.59
0.99-0.060.91.00.940.850.980.930.92-0.470.870.990.130.970.940.450.930.880.890.830.890.880.670.950.58
0.880.230.940.870.680.850.820.870.69-0.310.640.8-0.020.890.860.460.950.830.610.840.780.930.670.780.37
0.98-0.140.870.980.920.980.820.880.96-0.480.890.970.040.970.890.430.90.840.90.820.860.820.60.960.63
0.940.150.940.930.820.930.870.880.78-0.220.720.910.190.930.890.430.940.870.750.820.850.910.870.850.46
0.92-0.310.750.920.910.920.690.960.78-0.530.930.950.00.910.850.370.780.720.930.680.790.680.480.970.7
-0.450.54-0.21-0.45-0.55-0.47-0.31-0.48-0.22-0.53-0.35-0.470.03-0.44-0.550.21-0.42-0.41-0.59-0.37-0.45-0.40.13-0.59-0.39
0.86-0.110.750.870.880.870.640.890.720.93-0.350.880.140.830.710.650.70.650.830.620.70.590.390.840.61
0.98-0.070.880.980.940.990.80.970.910.95-0.470.880.070.970.930.40.880.850.940.760.880.830.650.960.61
0.080.110.050.120.220.13-0.020.040.190.00.030.140.070.010.040.350.110.08-0.060.150.040.10.11-0.02-0.04
0.990.00.940.980.880.970.890.970.930.91-0.440.830.970.010.940.40.940.870.880.810.880.890.70.960.58
0.94-0.040.870.930.850.940.860.890.890.85-0.550.710.930.040.940.270.90.860.840.760.870.90.640.920.51
0.440.370.530.470.420.450.460.430.430.370.210.650.40.350.40.270.390.430.20.470.420.380.290.27-0.06
0.950.050.920.940.810.930.950.90.940.78-0.420.70.880.110.940.90.390.890.730.890.850.960.730.880.47
0.880.10.850.880.790.880.830.840.870.72-0.410.650.850.080.870.860.430.890.750.920.980.950.730.810.17
0.88-0.230.720.870.890.890.610.90.750.93-0.590.830.94-0.060.880.840.20.730.750.590.810.680.490.930.64
0.84-0.030.790.850.730.830.840.820.820.68-0.370.620.760.150.810.760.470.890.920.590.890.890.670.750.21
0.89-0.010.820.890.820.890.780.860.850.79-0.450.70.880.040.880.870.420.850.980.810.890.90.710.850.21
0.890.180.90.880.750.880.930.820.910.68-0.40.590.830.10.890.90.380.960.950.680.890.90.760.810.25
0.680.280.760.660.50.670.670.60.870.480.130.390.650.110.70.640.290.730.730.490.670.710.760.590.16
0.96-0.260.810.950.910.950.780.960.850.97-0.590.840.96-0.020.960.920.270.880.810.930.750.850.810.590.66
0.58-0.390.410.580.590.580.370.630.460.7-0.390.610.61-0.040.580.51-0.060.470.170.640.210.210.250.160.66
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Luzhou Lao Account Relationship Matchups

Luzhou Lao fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.9B35.0B43.2B51.4B63.3B66.5B
Other Current Liab3.6B3.0B6.0B5.5B347.5M330.1M
Total Current Liabilities6.8B7.7B10.9B10.7B10.1B10.6B
Total Stockholder Equity19.4B23.1B28.0B34.2B41.4B43.5B
Other Liab87.3M91.9M96.1M199.7M229.7M241.2M
Retained Earnings14.0B17.7B22.7B28.2B33.8B35.5B
Accounts Payable1.9B2.7B2.4B2.3B2.4B2.5B
Cash9.8B11.6B13.5B17.8B26.0B27.2B
Other Assets916.6M739.8M1.6B1.2B1.4B1.5B
Net Receivables2.6B1.5M4.8B5.9M17.5M16.6M
Inventory3.6B4.7B7.3B9.8B11.6B12.2B
Other Current Assets342.8M225.9M285.5M262.9M176.7M210.8M
Total Liab9.4B11.8B15.1B17.1B21.8B22.9B
Intangible Assets332.2M2.7B2.6B3.1B3.4B3.6B
Property Plant Equipment8.8B8.9B9.4B9.7B11.2B11.7B
Net Tangible Assets19.1B20.4B25.4B31.1B35.8B20.4B
Other Stockholder Equity194.8M186.1M379.9M933.8M1.1B1.1B
Total Current Assets16.3B19.9B26.6B33.6B45.4B23.3B
Non Current Assets Total12.6B15.1B16.6B17.8B17.9B13.3B
Non Currrent Assets Other237.5M10.8M649.1M196.1M358.9M205.9M
Non Current Liabilities Total2.6B4.1B4.1B6.4B11.7B12.3B
Net Invested Capital21.9B27.1B32.0B40.4B52.9B32.4B
Net Working Capital9.5B12.1B15.6B22.9B35.3B18.1B

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Other Information on Investing in Luzhou Stock

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