000503 Stock | | | 12.60 0.49 3.74% |
China Reform financial indicator trend analysis is way more than just evaluating China Reform Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Reform Health is a good investment. Please check the relationship between China Reform Depreciation and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in China Reform Health. 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.
Depreciation vs Dividends Paid
Depreciation vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
China Reform Health Depreciation account and
Dividends Paid. At this time, the significance of the direction appears to have almost no relationship.
The correlation between China Reform's Depreciation and Dividends Paid is 0.14. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of China Reform Health, assuming nothing else is changed. The correlation between historical values of China Reform's Depreciation and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of China Reform Health are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Depreciation i.e., China Reform's Depreciation and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation
Depreciation indicates how much of China Reform Health value has been used up. For tax purposes China Reform can deduct the cost of the tangible assets it purchases as business expenses. However, China Reform Health must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from China Reform's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Reform Health 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 China Reform Health. 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.
At present, China Reform's
Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's
Tax Provision is expected to grow to about 3.5
M, whereas
Discontinued Operations is forecasted to decline to about 150.9
M.
China Reform fundamental ratios Correlations
Click cells to compare fundamentals
China Reform Account Relationship Matchups
High Positive Relationship
High Negative Relationship
China Reform fundamental ratios Accounts
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Other Information on Investing in China Stock
Balance Sheet is a snapshot of the
financial position of China Reform Health at a specified time, usually calculated after every quarter, six months, or one year. China Reform Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Reform 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 China currently owns. An asset can also be divided into two categories, current and non-current.