000930 Stock | | | 5.97 0.03 0.50% |
Cofco Biochemical financial indicator trend analysis is way more than just evaluating Cofco Biochemical Anhui prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cofco Biochemical Anhui is a good investment. Please check the relationship between Cofco Biochemical End Period Cash Flow and its Change To Netincome accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cofco Biochemical Anhui. 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.
End Period Cash Flow vs Change To Netincome
End Period Cash Flow vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cofco Biochemical Anhui End Period Cash Flow account and
Change To Netincome. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cofco Biochemical's End Period Cash Flow and Change To Netincome is -0.34. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Cofco Biochemical Anhui, assuming nothing else is changed. The correlation between historical values of Cofco Biochemical's End Period Cash Flow and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Cofco Biochemical Anhui are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of End Period Cash Flow i.e., Cofco Biochemical's End Period Cash Flow and Change To Netincome go up and down completely randomly.
Correlation Coefficient | -0.34 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
End Period Cash Flow
Change To Netincome
Most indicators from Cofco Biochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cofco Biochemical Anhui 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 Cofco Biochemical Anhui. 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.
The current year's
Tax Provision is expected to grow to about 139.8
M, whereas
Selling General Administrative is forecasted to decline to about 184.1
M.
Cofco Biochemical fundamental ratios Correlations
Click cells to compare fundamentals
Cofco Biochemical Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cofco Biochemical fundamental ratios Accounts
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Other Information on Investing in Cofco Stock
Balance Sheet is a snapshot of the
financial position of Cofco Biochemical Anhui at a specified time, usually calculated after every quarter, six months, or one year. Cofco Biochemical Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cofco Biochemical 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 Cofco currently owns. An asset can also be divided into two categories, current and non-current.