002236 Stock | | | 17.03 0.20 1.19% |
Zhejiang Dahua financial indicator trend analysis is more than just analyzing Zhejiang Dahua Technology current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zhejiang Dahua Technology is a good investment. Please check the relationship between Zhejiang Dahua Selling General Administrative and its Ebit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Zhejiang Dahua Technology. 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.
Selling General Administrative vs Ebit
Selling General Administrative vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Zhejiang Dahua Technology Selling General Administrative account and
Ebit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zhejiang Dahua's Selling General Administrative and Ebit is 0.57. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Ebit in the same time period over historical financial statements of Zhejiang Dahua Technology, assuming nothing else is changed. The correlation between historical values of Zhejiang Dahua's Selling General Administrative and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Zhejiang Dahua Technology are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Selling General Administrative i.e., Zhejiang Dahua's Selling General Administrative and Ebit go up and down completely randomly.
Correlation Coefficient | 0.57 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Selling General Administrative
Ebit
Most indicators from Zhejiang Dahua's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zhejiang Dahua Technology 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 Zhejiang Dahua Technology. 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 5.9
B. The current year's
Tax Provision is expected to grow to about 678.8
MZhejiang Dahua fundamental ratios Correlations
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Zhejiang Dahua Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Zhejiang Dahua fundamental ratios Accounts
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Other Information on Investing in Zhejiang Stock
Balance Sheet is a snapshot of the
financial position of Zhejiang Dahua Technology at a specified time, usually calculated after every quarter, six months, or one year. Zhejiang Dahua Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Zhejiang Dahua 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 Zhejiang currently owns. An asset can also be divided into two categories, current and non-current.