Hubei Total Revenue vs Net Income Analysis
688151 Stock | 17.01 0.16 0.95% |
Hubei Huaqiang financial indicator trend analysis is much more than just examining Hubei Huaqiang High latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubei Huaqiang High is a good investment. Please check the relationship between Hubei Huaqiang Total Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Hubei Huaqiang High Tech. 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.
Total Revenue vs Net Income
Total Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubei Huaqiang High Total Revenue account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hubei Huaqiang's Total Revenue and Net Income is 0.4. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Hubei Huaqiang High Tech, assuming nothing else is changed. The correlation between historical values of Hubei Huaqiang's Total Revenue and Net 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 Total Revenue of Hubei Huaqiang High Tech are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Total Revenue i.e., Hubei Huaqiang's Total Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | 0.4 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Hubei Huaqiang High generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Hubei Huaqiang High financial statement analysis. It represents the amount of money remaining after all of Hubei Huaqiang High Tech operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Hubei Huaqiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubei Huaqiang High 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 Hubei Huaqiang High Tech. 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 Tax Provision is expected to grow to about (3.6 M). In addition to that, Selling General Administrative is expected to decline to about 27.4 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 21.3M | 45.3M | 28.9M | 26.5M | Net Interest Income | 20.4M | 45.1M | 28.8M | 25.6M |
Hubei Huaqiang fundamental ratios Correlations
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Hubei Huaqiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Other Information on Investing in Hubei Stock
Balance Sheet is a snapshot of the financial position of Hubei Huaqiang High at a specified time, usually calculated after every quarter, six months, or one year. Hubei Huaqiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hubei Huaqiang 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 Hubei currently owns. An asset can also be divided into two categories, current and non-current.