Guangdong Operating Income vs Non Current Assets Total Analysis

688325 Stock   53.71  2.10  4.07%   
Guangdong Cellwise financial indicator trend analysis is much more than just examining Guangdong Cellwise latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Cellwise is a good investment. Please check the relationship between Guangdong Cellwise Operating Income and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Cellwise Microelectronics. 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.

Operating Income vs Non Current Assets Total

Operating Income vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Cellwise Operating Income account and Non Current Assets Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Guangdong Cellwise's Operating Income and Non Current Assets Total is 0.07. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Guangdong Cellwise Microelectronics, assuming nothing else is changed. The correlation between historical values of Guangdong Cellwise's Operating Income and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Guangdong Cellwise Microelectronics are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Operating Income i.e., Guangdong Cellwise's Operating Income and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.07
Relationship DirectionPositive 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Guangdong Cellwise 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 Guangdong Cellwise Microelectronics 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Guangdong Cellwise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Cellwise 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 Guangdong Cellwise Microelectronics. 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 30.4 M, whereas Tax Provision is projected to grow to (4.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.1M202.7K1.4M771.3K
Interest Income1.5M20.3M16.8M8.6M

Guangdong Cellwise fundamental ratios Correlations

0.520.81.00.940.520.820.830.830.930.880.920.860.781.00.910.860.850.850.91-0.950.92-0.8
0.520.890.50.760.870.450.430.420.590.850.670.420.90.510.710.450.750.430.59-0.310.59-0.42
0.80.890.790.940.890.670.660.650.890.950.920.681.00.790.950.70.960.680.84-0.670.84-0.65
1.00.50.790.930.50.820.830.830.930.870.920.860.761.00.910.860.840.850.91-0.950.92-0.8
0.940.760.940.930.770.740.820.820.940.960.940.760.930.940.950.780.940.760.91-0.820.91-0.79
0.520.870.890.50.770.270.590.590.690.750.670.270.90.50.730.310.790.270.66-0.360.64-0.6
0.820.450.670.820.740.270.370.360.760.760.860.990.660.820.80.990.771.00.63-0.780.66-0.31
0.830.430.660.830.820.590.371.00.790.710.670.440.640.830.710.440.640.430.88-0.780.87-0.99
0.830.420.650.830.820.590.361.00.780.710.670.430.630.830.710.440.640.420.88-0.780.86-0.99
0.930.590.890.930.940.690.760.790.780.880.970.80.870.930.980.810.940.80.95-0.920.95-0.78
0.880.850.950.870.960.750.760.710.710.880.920.770.940.870.940.780.90.770.88-0.750.89-0.69
0.920.670.920.920.940.670.860.670.670.970.920.880.910.920.990.90.970.880.89-0.870.9-0.65
0.860.420.680.860.760.270.990.440.430.80.770.880.660.860.831.00.781.00.7-0.840.73-0.39
0.780.91.00.760.930.90.660.640.630.870.940.910.660.770.930.690.960.670.81-0.640.81-0.62
1.00.510.791.00.940.50.820.830.830.930.870.920.860.770.910.860.840.850.91-0.950.92-0.8
0.910.710.950.910.950.730.80.710.710.980.940.990.830.930.910.850.970.830.92-0.860.94-0.7
0.860.450.70.860.780.310.990.440.440.810.780.91.00.690.860.850.81.00.7-0.840.73-0.39
0.850.750.960.840.940.790.770.640.640.940.90.970.780.960.840.970.80.780.83-0.760.84-0.62
0.850.430.680.850.760.271.00.430.420.80.770.881.00.670.850.831.00.780.68-0.830.72-0.38
0.910.590.840.910.910.660.630.880.880.950.880.890.70.810.910.920.70.830.68-0.911.0-0.89
-0.95-0.31-0.67-0.95-0.82-0.36-0.78-0.78-0.78-0.92-0.75-0.87-0.84-0.64-0.95-0.86-0.84-0.76-0.83-0.91-0.920.77
0.920.590.840.920.910.640.660.870.860.950.890.90.730.810.920.940.730.840.721.0-0.92-0.87
-0.8-0.42-0.65-0.8-0.79-0.6-0.31-0.99-0.99-0.78-0.69-0.65-0.39-0.62-0.8-0.7-0.39-0.62-0.38-0.890.77-0.87
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Guangdong Cellwise Account Relationship Matchups

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Other Information on Investing in Guangdong Stock

Balance Sheet is a snapshot of the financial position of Guangdong Cellwise at a specified time, usually calculated after every quarter, six months, or one year. Guangdong Cellwise Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangdong Cellwise 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 Guangdong currently owns. An asset can also be divided into two categories, current and non-current.