000917 Stock | | | 8.25 0.17 2.10% |
Hunan TV financial indicator trend analysis is much more than just examining Hunan TV Broadcast latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hunan TV Broadcast is a good investment. Please check the relationship between Hunan TV Total Revenue and its Net Income From Continuing Ops accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hunan TV Broadcast. 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.
Total Revenue vs Net Income From Continuing Ops
Total Revenue vs Net Income From Continuing Ops Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hunan TV Broadcast Total Revenue account and
Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hunan TV's Total Revenue and Net Income From Continuing Ops is -0.28. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Hunan TV Broadcast, assuming nothing else is changed. The correlation between historical values of Hunan TV's Total Revenue and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Hunan TV Broadcast are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Revenue i.e., Hunan TV's Total Revenue and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Hunan TV Broadcast generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Net Income From Continuing Ops
Most indicators from Hunan TV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hunan TV Broadcast 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 Hunan TV Broadcast. 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.
As of November 29, 2024,
Selling General Administrative is expected to decline to about 272.2
M. In addition to that,
Tax Provision is expected to decline to about 142.5
MHunan TV fundamental ratios Correlations
Click cells to compare fundamentals
Hunan TV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hunan TV fundamental ratios Accounts
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Other Information on Investing in Hunan Stock
Balance Sheet is a snapshot of the
financial position of Hunan TV Broadcast at a specified time, usually calculated after every quarter, six months, or one year. Hunan TV Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hunan TV 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 Hunan currently owns. An asset can also be divided into two categories, current and non-current.