000524 Stock | | | 9.55 0.27 2.75% |
Guangzhou Dongfang financial indicator trend analysis is much more than just examining Guangzhou Dongfang Hotel latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Dongfang Hotel is a good investment. Please check the relationship between Guangzhou Dongfang Intangible Assets and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Dongfang Hotel. 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.
Intangible Assets vs Retained Earnings
Intangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Dongfang Hotel Intangible Assets account and
Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Guangzhou Dongfang's Intangible Assets and Retained Earnings is 0.49. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Guangzhou Dongfang Hotel, assuming nothing else is changed. The correlation between historical values of Guangzhou Dongfang's Intangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Guangzhou Dongfang Hotel are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Intangible Assets i.e., Guangzhou Dongfang's Intangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Guangzhou Dongfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Dongfang Hotel 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 Guangzhou Dongfang Hotel. 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.
As of November 24, 2024,
Selling General Administrative is expected to decline to about 240
M. In addition to that,
Tax Provision is expected to decline to about 19.7
MGuangzhou Dongfang fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Dongfang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Dongfang fundamental ratios Accounts
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Other Information on Investing in Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Dongfang Hotel at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Dongfang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Dongfang 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.