600399 Stock | | | 6.54 0.05 0.76% |
Fushun Special financial indicator trend analysis is much more than just examining Fushun Special Steel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fushun Special Steel is a good investment. Please check the relationship between Fushun Special Cost Of Revenue and its Operating Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Fushun Special Steel. 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.
Cost Of Revenue vs Operating Income
Cost Of Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fushun Special Steel Cost Of Revenue account and
Operating Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fushun Special's Cost Of Revenue and Operating Income is 0.5. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Fushun Special Steel, assuming nothing else is changed. The correlation between historical values of Fushun Special's Cost Of Revenue 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 Cost Of Revenue of Fushun Special Steel 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 Cost Of Revenue i.e., Fushun Special's Cost Of Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cost Of Revenue
Cost of Revenue is found on Fushun Special Steel income statement and represents the costs associated with goods and services Fushun Special 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.
Operating Income
Operating Income is the amount of profit realized from Fushun Special Steel 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 Fushun Special Steel 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 Fushun Special's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fushun Special Steel 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 Fushun Special Steel. 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 11, 2024,
Selling General Administrative is expected to decline to about 71.7
M. The current year's
Tax Provision is expected to grow to about (5.5
M)
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 934.9M | 496.3M | 518.9M | 353.3M | Total Revenue | 7.4B | 7.8B | 8.6B | 5.4B |
Fushun Special fundamental ratios Correlations
Click cells to compare fundamentals
Fushun Special Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fushun Special fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Fushun Stock
Balance Sheet is a snapshot of the
financial position of Fushun Special Steel at a specified time, usually calculated after every quarter, six months, or one year. Fushun Special Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fushun Special 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 Fushun currently owns. An asset can also be divided into two categories, current and non-current.