002062 Stock | | | 4.36 0.04 0.91% |
Hongrun Construction financial indicator trend analysis is much more than just examining Hongrun Construction latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hongrun Construction is a good investment. Please check the relationship between Hongrun Construction Change To Netincome and its Dividends Paid accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hongrun Construction Group. 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.
Change To Netincome vs Dividends Paid
Change To Netincome vs Dividends Paid Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hongrun Construction Change To Netincome account and
Dividends Paid. At this time, the significance of the direction appears to have no relationship.
The correlation between Hongrun Construction's Change To Netincome and Dividends Paid is 0.07. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Dividends Paid in the same time period over historical financial statements of Hongrun Construction Group, assuming nothing else is changed. The correlation between historical values of Hongrun Construction's Change To Netincome and Dividends Paid is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Hongrun Construction Group are associated (or correlated) with its Dividends Paid. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividends Paid has no effect on the direction of Change To Netincome i.e., Hongrun Construction's Change To Netincome and Dividends Paid go up and down completely randomly.
Correlation Coefficient | 0.07 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Change To Netincome
Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.
Most indicators from Hongrun Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hongrun Construction 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 Hongrun Construction Group. 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
Selling General Administrative is expected to grow to about 76
M. The current year's
Tax Provision is expected to grow to about 117.9
MHongrun Construction fundamental ratios Correlations
Click cells to compare fundamentals
Hongrun Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hongrun Construction fundamental ratios Accounts
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Other Information on Investing in Hongrun Stock
Balance Sheet is a snapshot of the
financial position of Hongrun Construction at a specified time, usually calculated after every quarter, six months, or one year. Hongrun Construction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hongrun Construction 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 Hongrun currently owns. An asset can also be divided into two categories, current and non-current.