002547 Stock | | | 4.76 0.13 2.66% |
SuZhou ChunXing financial indicator trend analysis is much more than just breaking down SuZhou ChunXing Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SuZhou ChunXing Precision is a good investment. Please check the relationship between SuZhou ChunXing Net Income and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in SuZhou ChunXing Precision. 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.
Net Income vs Depreciation And Amortization
Net Income vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
SuZhou ChunXing Precision Net Income account and
Depreciation And Amortization. At this time, the significance of the direction appears to have very week relationship.
The correlation between SuZhou ChunXing's Net Income and Depreciation And Amortization is 0.21. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of SuZhou ChunXing Precision, assuming nothing else is changed. The correlation between historical values of SuZhou ChunXing's Net Income and Depreciation And Amortization 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 SuZhou ChunXing Precision are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Net Income i.e., SuZhou ChunXing's Net Income and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.21 |
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 SuZhou ChunXing Precision financial statement analysis. It represents the amount of money remaining after all of SuZhou ChunXing Precision operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from SuZhou ChunXing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SuZhou ChunXing Precision 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 SuZhou ChunXing Precision. 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.
As of December 25, 2024,
Selling General Administrative is expected to decline to about 55.8
M. The current year's
Tax Provision is expected to grow to about (34.9
M)
SuZhou ChunXing fundamental ratios Correlations
Click cells to compare fundamentals
SuZhou ChunXing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SuZhou ChunXing fundamental ratios Accounts
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Other Information on Investing in SuZhou Stock
Balance Sheet is a snapshot of the
financial position of SuZhou ChunXing Precision at a specified time, usually calculated after every quarter, six months, or one year. SuZhou ChunXing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of SuZhou ChunXing 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 SuZhou currently owns. An asset can also be divided into two categories, current and non-current.