600198 Stock | | | 9.17 0.10 1.08% |
Datang Telecom financial indicator trend analysis is much more than just examining Datang Telecom Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datang Telecom Technology is a good investment. Please check the relationship between Datang Telecom Research Development and its Cost Of Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Datang Telecom Technology. 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.
Research Development vs Cost Of Revenue
Research Development vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Datang Telecom Technology Research Development account and
Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Datang Telecom's Research Development and Cost Of Revenue is 0.66. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Datang Telecom Technology, assuming nothing else is changed. The correlation between historical values of Datang Telecom's Research Development and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Datang Telecom Technology are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Research Development i.e., Datang Telecom's Research Development and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Research Development
Cost Of Revenue
Cost of Revenue is found on Datang Telecom Technology income statement and represents the costs associated with goods and services Datang Telecom provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Datang Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datang Telecom 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 Datang Telecom Technology. 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 66.9
M. The current year's
Tax Provision is expected to grow to about (573
K)
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 523.7M | 511.7M | 465.9M | 499.1M | Research Development | 248.2M | 180.1M | 187.3M | 252.7M |
Datang Telecom fundamental ratios Correlations
Click cells to compare fundamentals
Datang Telecom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Datang Telecom fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Datang Stock
Balance Sheet is a snapshot of the
financial position of Datang Telecom Technology at a specified time, usually calculated after every quarter, six months, or one year. Datang Telecom Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Datang Telecom 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 Datang currently owns. An asset can also be divided into two categories, current and non-current.