300852 Stock | | | 29.20 0.38 1.32% |
Sihui Fuji financial indicator trend analysis is much more than just breaking down Sihui Fuji Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sihui Fuji Electronics is a good investment. Please check the relationship between Sihui Fuji Gross Profit and its Net Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sihui Fuji Electronics. 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 Net Income
Gross Profit vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sihui Fuji Electronics Gross Profit account and
Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sihui Fuji's Gross Profit and Net Income is 0.98. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of Sihui Fuji Electronics, assuming nothing else is changed. The correlation between historical values of Sihui Fuji's Gross Profit and Net 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 Gross Profit of Sihui Fuji Electronics are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., Sihui Fuji's Gross Profit and Net Income go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sihui Fuji Electronics minus its cost of goods sold. It is profit before Sihui Fuji 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.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Sihui Fuji Electronics financial statement analysis. It represents the amount of money remaining after all of Sihui Fuji Electronics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Sihui Fuji's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sihui Fuji Electronics 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 Sihui Fuji Electronics. 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 22, 2024,
Tax Provision is expected to decline to about 17.3
M. In addition to that,
Selling General Administrative is expected to decline to about 32.3
M | 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 310.9M | 351.4M | 356.5M | 229.9M | Total Revenue | 1.0B | 1.2B | 1.3B | 768.9M |
Sihui Fuji fundamental ratios Correlations
Click cells to compare fundamentals
Sihui Fuji Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sihui Fuji fundamental ratios Accounts
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Other Information on Investing in Sihui Stock
Balance Sheet is a snapshot of the
financial position of Sihui Fuji Electronics at a specified time, usually calculated after every quarter, six months, or one year. Sihui Fuji Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sihui Fuji 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 Sihui currently owns. An asset can also be divided into two categories, current and non-current.