603327 Stock | | | 13.60 0.48 3.41% |
Sichuan Furong financial indicator trend analysis is much more than just breaking down Sichuan Furong Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Furong Technology is a good investment. Please check the relationship between Sichuan Furong Cost Of Revenue and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Furong 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.
Cost Of Revenue vs Ebit
Cost Of Revenue vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Furong Technology Cost Of Revenue account and
Ebit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Sichuan Furong's Cost Of Revenue and Ebit is 0.89. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Ebit in the same time period over historical financial statements of Sichuan Furong Technology, assuming nothing else is changed. The correlation between historical values of Sichuan Furong's Cost Of Revenue and Ebit 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 Sichuan Furong Technology are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Cost Of Revenue i.e., Sichuan Furong's Cost Of Revenue and Ebit go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Cost Of Revenue
Cost of Revenue is found on Sichuan Furong Technology income statement and represents the costs associated with goods and services Sichuan Furong 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.
Ebit
Most indicators from Sichuan Furong's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Furong 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 Sichuan Furong 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.
The current year's
Selling General Administrative is expected to grow to about 66
M, whereas
Tax Provision is forecasted to decline to about 47.7
M.
Sichuan Furong fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Furong Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Furong fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Sichuan Stock
Balance Sheet is a snapshot of the
financial position of Sichuan Furong Technology at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Furong Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Furong 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.