000504 Stock | | | 10.27 0.02 0.20% |
Nanhua Bio financial indicator trend analysis is infinitely more than just investigating Nanhua Bio Medicine recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nanhua Bio Medicine is a good investment. Please check the relationship between Nanhua Bio Net Income From Continuing Ops and its Interest Income accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Nanhua Bio Medicine. 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.
Net Income From Continuing Ops vs Interest Income
Net Income From Continuing Ops vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Nanhua Bio Medicine Net Income From Continuing Ops account and
Interest Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Nanhua Bio's Net Income From Continuing Ops and Interest Income is -0.8. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Interest Income in the same time period over historical financial statements of Nanhua Bio Medicine, assuming nothing else is changed. The correlation between historical values of Nanhua Bio's Net Income From Continuing Ops and Interest 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 Net Income From Continuing Ops of Nanhua Bio Medicine are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income From Continuing Ops i.e., Nanhua Bio's Net Income From Continuing Ops and Interest Income go up and down completely randomly.
Correlation Coefficient | -0.8 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Income From Continuing Ops
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from Nanhua Bio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nanhua Bio Medicine 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 Nanhua Bio Medicine. 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
Tax Provision is expected to grow to about 3.2
M, whereas
Selling General Administrative is forecasted to decline to about 43
M.
Nanhua Bio fundamental ratios Correlations
Click cells to compare fundamentals
Nanhua Bio Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Nanhua Bio fundamental ratios Accounts
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Other Information on Investing in Nanhua Stock
Balance Sheet is a snapshot of the
financial position of Nanhua Bio Medicine at a specified time, usually calculated after every quarter, six months, or one year. Nanhua Bio Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Nanhua Bio 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 Nanhua currently owns. An asset can also be divided into two categories, current and non-current.