000524 Stock | | | 9.96 0.17 1.74% |
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 Research Development and its Tax Provision 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.
Research Development vs Tax Provision
Research Development vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Dongfang Hotel Research Development account and
Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangzhou Dongfang's Research Development and Tax Provision is -0.33. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Tax Provision 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 Research Development and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of Guangzhou Dongfang Hotel are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Research Development i.e., Guangzhou Dongfang's Research Development and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Research Development
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 27, 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
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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.