002887 Stock | | | 7.19 0.15 2.13% |
Tianjin LVYIN financial indicator trend analysis is much more than just breaking down Tianjin LVYIN Landscape prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tianjin LVYIN Landscape is a good investment. Please check the relationship between Tianjin LVYIN Income Before Tax and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Tianjin LVYIN Landscape. 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.
Income Before Tax vs Selling General Administrative
Income Before Tax vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Tianjin LVYIN Landscape Income Before Tax account and
Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Tianjin LVYIN's Income Before Tax and Selling General Administrative is 0.03. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Tianjin LVYIN Landscape, assuming nothing else is changed. The correlation between historical values of Tianjin LVYIN's Income Before Tax and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Tianjin LVYIN Landscape are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Before Tax i.e., Tianjin LVYIN's Income Before Tax and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.03 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Tianjin LVYIN income statement and is an important metric when analyzing Tianjin LVYIN Landscape profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Selling General Administrative
Most indicators from Tianjin LVYIN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tianjin LVYIN Landscape 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 Tianjin LVYIN Landscape. 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
Tax Provision is expected to grow to about 34
M, whereas Selling General Administrative is forecasted to decline to about 11.9
M.
Tianjin LVYIN fundamental ratios Correlations
Click cells to compare fundamentals
Tianjin LVYIN Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tianjin LVYIN fundamental ratios Accounts
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Other Information on Investing in Tianjin Stock
Balance Sheet is a snapshot of the
financial position of Tianjin LVYIN Landscape at a specified time, usually calculated after every quarter, six months, or one year. Tianjin LVYIN Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tianjin LVYIN 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 Tianjin currently owns. An asset can also be divided into two categories, current and non-current.