Kangping Total Operating Expenses vs Net Income From Continuing Ops Analysis

300907 Stock   24.19  0.39  1.64%   
Kangping Technology financial indicator trend analysis is infinitely more than just investigating Kangping Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kangping Technology is a good investment. Please check the relationship between Kangping Technology Total Operating Expenses and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kangping Technology 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.

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Kangping Technology Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have pay attention.
The correlation between Kangping Technology's Total Operating Expenses and Net Income From Continuing Ops is -0.83. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Kangping Technology Co, assuming nothing else is changed. The correlation between historical values of Kangping Technology's Total Operating Expenses and Net Income From Continuing Ops 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 Kangping Technology Co are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., Kangping Technology's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Net Income From Continuing Ops

Most indicators from Kangping Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kangping Technology 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 Kangping Technology 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 Tax Provision is expected to grow to about 5.1 M, whereas Selling General Administrative is forecasted to decline to about 30.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.3M5.7M3.3M3.9M
Interest Income1.6M1.1M2.9M1.7M

Kangping Technology fundamental ratios Correlations

-0.750.980.990.920.950.850.94-0.50.970.90.960.710.970.720.980.990.850.990.960.930.940.380.86-0.770.47
-0.75-0.62-0.82-0.91-0.54-0.42-0.830.89-0.76-0.9-0.86-0.58-0.59-0.22-0.63-0.82-0.66-0.69-0.86-0.77-0.73-0.66-0.750.94-0.11
0.98-0.620.940.830.970.850.91-0.390.930.840.910.640.990.731.00.960.870.970.910.930.870.310.86-0.70.52
0.99-0.820.940.970.920.840.93-0.580.970.920.980.710.930.680.950.990.810.980.980.920.960.440.83-0.80.4
0.92-0.910.830.970.810.750.88-0.720.930.910.970.650.810.540.840.940.710.910.970.850.940.570.75-0.840.21
0.95-0.540.970.920.810.940.8-0.30.890.730.860.640.970.810.970.90.730.980.860.830.920.20.73-0.570.45
0.85-0.420.850.840.750.940.62-0.130.830.570.750.630.860.90.850.780.50.910.750.630.920.080.49-0.350.39
0.94-0.830.910.930.880.80.62-0.630.930.980.950.640.890.490.910.970.960.880.950.990.780.530.96-0.90.48
-0.50.89-0.39-0.58-0.72-0.3-0.13-0.63-0.5-0.71-0.68-0.21-0.330.17-0.39-0.58-0.5-0.44-0.68-0.61-0.47-0.79-0.580.890.26
0.97-0.760.930.970.930.890.830.93-0.50.920.970.640.90.670.930.970.830.950.970.90.910.490.79-0.740.43
0.9-0.90.840.920.910.730.570.98-0.710.920.950.650.820.430.850.950.910.840.950.950.780.590.92-0.930.42
0.96-0.860.910.980.970.860.750.95-0.680.970.950.590.880.530.910.980.850.941.00.940.90.60.84-0.860.29
0.71-0.580.640.710.650.640.630.64-0.210.640.650.590.720.770.680.70.50.710.590.570.74-0.180.68-0.50.73
0.97-0.590.990.930.810.970.860.89-0.330.90.820.880.720.791.00.940.840.970.880.90.880.190.85-0.660.59
0.72-0.220.730.680.540.810.90.490.170.670.430.530.770.790.750.640.40.770.530.480.78-0.280.44-0.150.68
0.98-0.631.00.950.840.970.850.91-0.390.930.850.910.681.00.750.960.870.980.910.930.880.290.86-0.70.54
0.99-0.820.960.990.940.90.780.97-0.580.970.950.980.70.940.640.960.880.970.980.960.910.460.89-0.840.46
0.85-0.660.870.810.710.730.50.96-0.50.830.910.850.50.840.40.870.880.780.850.970.610.490.95-0.820.54
0.99-0.690.970.980.910.980.910.88-0.440.950.840.940.710.970.770.980.970.780.940.880.960.310.8-0.690.45
0.96-0.860.910.980.970.860.750.95-0.680.970.951.00.590.880.530.910.980.850.940.940.90.60.84-0.860.29
0.93-0.770.930.920.850.830.630.99-0.610.90.950.940.570.90.480.930.960.970.880.940.760.520.95-0.880.45
0.94-0.730.870.960.940.920.920.78-0.470.910.780.90.740.880.780.880.910.610.960.90.760.290.66-0.630.33
0.38-0.660.310.440.570.20.080.53-0.790.490.590.6-0.180.19-0.280.290.460.490.310.60.520.290.36-0.67-0.39
0.86-0.750.860.830.750.730.490.96-0.580.790.920.840.680.850.440.860.890.950.80.840.950.660.36-0.880.58
-0.770.94-0.7-0.8-0.84-0.57-0.35-0.90.89-0.74-0.93-0.86-0.5-0.66-0.15-0.7-0.84-0.82-0.69-0.86-0.88-0.63-0.67-0.88-0.18
0.47-0.110.520.40.210.450.390.480.260.430.420.290.730.590.680.540.460.540.450.290.450.33-0.390.58-0.18
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Kangping Technology Account Relationship Matchups

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Other Information on Investing in Kangping Stock

Balance Sheet is a snapshot of the financial position of Kangping Technology at a specified time, usually calculated after every quarter, six months, or one year. Kangping Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kangping Technology 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 Kangping currently owns. An asset can also be divided into two categories, current and non-current.