000900 Stock | | | 4.66 0.05 1.06% |
Xiandai Investment financial indicator trend analysis is more than just analyzing Xiandai Investment current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xiandai Investment is a good investment. Please check the relationship between Xiandai Investment Net Income and its Total Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Xiandai Investment 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 board of governors.
Net Income vs Total Revenue
Net Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Xiandai Investment Net Income account and
Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Xiandai Investment's Net Income and Total Revenue is 0.34. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Xiandai Investment Co, assuming nothing else is changed. The correlation between historical values of Xiandai Investment's Net Income 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 Net Income of Xiandai Investment Co 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 Net Income i.e., Xiandai Investment's Net Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Xiandai Investment financial statement analysis. It represents the amount of money remaining after all of Xiandai Investment Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Total Revenue
Total revenue comprises all receipts Xiandai Investment 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 Xiandai Investment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xiandai Investment 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 Xiandai Investment 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 board of governors.
The current year's
Selling General Administrative is expected to grow to about 446.6
M, whereas
Tax Provision is forecasted to decline to about 177.1
M.
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 1.1B | 1.7B | 1.9B | 929.1M | Total Revenue | 16.1B | 16.4B | 8.5B | 5.5B |
Xiandai Investment fundamental ratios Correlations
Click cells to compare fundamentals
Xiandai Investment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Xiandai Investment fundamental ratios Accounts
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Other Information on Investing in Xiandai Stock
Balance Sheet is a snapshot of the
financial position of Xiandai Investment at a specified time, usually calculated after every quarter, six months, or one year. Xiandai Investment Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xiandai Investment 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 Xiandai currently owns. An asset can also be divided into two categories, current and non-current.