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 Other Operating Expenses and its Reconciled Depreciation 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.
Other Operating Expenses vs Reconciled Depreciation
Other Operating Expenses vs Reconciled Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Dongfang Hotel Other Operating Expenses account and
Reconciled Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Guangzhou Dongfang's Other Operating Expenses and Reconciled Depreciation is -0.51. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Reconciled Depreciation 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 Other Operating Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Guangzhou Dongfang Hotel are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Other Operating Expenses i.e., Guangzhou Dongfang's Other Operating Expenses and Reconciled Depreciation go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Guangzhou Dongfang Hotel. It is also known as Guangzhou Dongfang 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.
Reconciled Depreciation
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 23, 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
M | 2021 | 2023 | 2024 (projected) |
Other Operating Expenses | 14.8M | 13.3M | 26.5M | Gross Profit | 297.1M | 710.3M | 447.2M |
Guangzhou 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.