603416 Stock | | | 41.90 1.25 3.08% |
WuXi Xinje financial indicator trend analysis is more than just analyzing WuXi Xinje Electric current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WuXi Xinje Electric is a good investment. Please check the relationship between WuXi Xinje Cost Of Revenue and its Research Development accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in WuXi Xinje Electric. 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.
Cost Of Revenue vs Research Development
Cost Of Revenue vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
WuXi Xinje Electric Cost Of Revenue account and
Research Development. At this time, the significance of the direction appears to have totally related.
The correlation between WuXi Xinje's Cost Of Revenue and Research Development is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of WuXi Xinje Electric, assuming nothing else is changed. The correlation between historical values of WuXi Xinje's Cost Of Revenue and Research Development 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 WuXi Xinje Electric are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Cost Of Revenue i.e., WuXi Xinje's Cost Of Revenue and Research Development go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on WuXi Xinje Electric income statement and represents the costs associated with goods and services WuXi Xinje 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.
Research Development
Most indicators from WuXi Xinje's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WuXi Xinje Electric 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 WuXi Xinje Electric. 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
Selling General Administrative is expected to grow to about 57
M. The current year's
Tax Provision is expected to grow to about 21.4
MWuXi Xinje fundamental ratios Correlations
Click cells to compare fundamentals
WuXi Xinje Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WuXi Xinje fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in WuXi Stock
Balance Sheet is a snapshot of the
financial position of WuXi Xinje Electric at a specified time, usually calculated after every quarter, six months, or one year. WuXi Xinje Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of WuXi Xinje 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 WuXi currently owns. An asset can also be divided into two categories, current and non-current.