002926 Stock | | | 8.69 0.08 0.93% |
Huaxi Securities financial indicator trend analysis is much more than just examining Huaxi Securities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Huaxi Securities is a good investment. Please check the relationship between Huaxi Securities Total Operating Expenses and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Huaxi Securities 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 nation.
Total Operating Expenses vs Operating Income
Total Operating Expenses vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Huaxi Securities Total Operating Expenses account and
Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Huaxi Securities' Total Operating Expenses and Operating Income is 0.89. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Huaxi Securities Co, assuming nothing else is changed. The correlation between historical values of Huaxi Securities' Total Operating Expenses and Operating Income 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 Operating Expenses of Huaxi Securities Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Huaxi Securities' Total Operating Expenses and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.
Operating Income
Operating Income is the amount of profit realized from Huaxi Securities operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Huaxi Securities Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Huaxi Securities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Huaxi Securities 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 Huaxi Securities 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 nation.
As of December 29, 2024,
Selling General Administrative is expected to decline to about 1.9
B. In addition to that,
Tax Provision is expected to decline to about 20.9
MHuaxi Securities fundamental ratios Correlations
Click cells to compare fundamentals
Huaxi Securities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Huaxi Securities fundamental ratios Accounts
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Other Information on Investing in Huaxi Stock
Balance Sheet is a snapshot of the
financial position of Huaxi Securities at a specified time, usually calculated after every quarter, six months, or one year. Huaxi Securities Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Huaxi Securities 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 Huaxi currently owns. An asset can also be divided into two categories, current and non-current.