UTime Historical Income Statement
| WTO Stock | 0.32 0 0.72% |
Historical analysis of UTime income statement accounts such as Interest Expense of 4.1 M, Selling General Administrative of 56.2 M, Total Revenue of 174.1 M or Gross Profit of 14.4 M can show how well UTime Limited performed in making a profits. Evaluating UTime income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of UTime's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining UTime Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether UTime Limited is a good buy for the upcoming year.
UTime |
About UTime Income Statement Analysis
UTime Limited Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to UTime shareholders. The income statement also shows UTime investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
UTime Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts UTime Limited 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.Gross Profit
Gross profit is a required income statement account that reflects total revenue of UTime Limited minus its cost of goods sold. It is profit before UTime 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.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of UTime Limited. It is also known as UTime overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from UTime's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into UTime Limited current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, UTime's Selling And Marketing Expenses is very stable compared to the past year. As of the 11th of December 2024, Research Development is likely to grow to about 17.5 M, while Tax Provision is likely to drop (161.6 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.8M | 30.1M | 8.9M | 14.4M | Total Revenue | 275.5M | 200.5M | 172.2M | 174.1M |
UTime income statement Correlations
Click cells to compare fundamentals
UTime Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with UTime
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UTime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UTime will appreciate offsetting losses from the drop in the long position's value.Moving against UTime Stock
| 0.82 | REE | Ree Automotive Holding | PairCorr |
| 0.76 | UA | Under Armour C | PairCorr |
| 0.73 | RL | Ralph Lauren Corp | PairCorr |
| 0.72 | KTB | Kontoor Brands | PairCorr |
| 0.69 | MPX | Marine Products Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to UTime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UTime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UTime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UTime Limited to buy it.
The correlation of UTime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UTime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UTime Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for UTime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in UTime Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UTime. If investors know UTime will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UTime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.99) | Revenue Per Share 260.043 | Quarterly Revenue Growth 0.263 | Return On Assets (0.04) | Return On Equity (0.17) |
The market value of UTime Limited is measured differently than its book value, which is the value of UTime that is recorded on the company's balance sheet. Investors also form their own opinion of UTime's value that differs from its market value or its book value, called intrinsic value, which is UTime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UTime's market value can be influenced by many factors that don't directly affect UTime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between UTime's value and its price as these two are different measures arrived at by different means. Investors typically determine if UTime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UTime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.