| 600880 Stock | | | 4.97 0.07 1.39% |
Chengdu B financial indicator trend analysis is way more than just evaluating Chengdu B ray prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chengdu B ray is a good investment. Please check the relationship between Chengdu B Gross Profit and its Net Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chengdu B ray Media. 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 Interest Income
Gross Profit vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chengdu B ray Gross Profit account and
Net Interest Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Chengdu B's Gross Profit and Net Interest Income is 0.47. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Chengdu B ray Media, assuming nothing else is changed. The correlation between historical values of Chengdu B's Gross Profit and Net Interest 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 Chengdu B ray Media are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Gross Profit i.e., Chengdu B's Gross Profit and Net Interest Income go up and down completely randomly.
Correlation Coefficient | 0.47 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Chengdu B ray Media minus its cost of goods sold. It is profit before Chengdu B 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 Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Chengdu B's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chengdu B ray 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 Chengdu B ray Media. 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.
At present, Chengdu B's
Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 20.5
M, whereas
Selling General Administrative is forecasted to decline to about 52.5
M.
Chengdu B fundamental ratios Correlations
Click cells to compare fundamentals
Chengdu B Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chengdu B fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Chengdu Stock
Balance Sheet is a snapshot of the
financial position of Chengdu B ray at a specified time, usually calculated after every quarter, six months, or one year. Chengdu B Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chengdu B 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 Chengdu currently owns. An asset can also be divided into two categories, current and non-current.