002265 Stock | | | 10.99 0.26 2.31% |
Yunnan Xiyi financial indicator trend analysis is more than just analyzing Yunnan Xiyi Industrial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yunnan Xiyi Industrial is a good investment. Please check the relationship between Yunnan Xiyi Intangible Assets and its Other Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Yunnan Xiyi Industrial. 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.
Intangible Assets vs Other Liab
Intangible Assets vs Other Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Xiyi Industrial Intangible Assets account and
Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Yunnan Xiyi's Intangible Assets and Other Liab is 0.93. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Liab in the same time period over historical financial statements of Yunnan Xiyi Industrial, assuming nothing else is changed. The correlation between historical values of Yunnan Xiyi's Intangible Assets and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Yunnan Xiyi Industrial are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Intangible Assets i.e., Yunnan Xiyi's Intangible Assets and Other Liab go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Intangible Assets
Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Other Liab
Most indicators from Yunnan Xiyi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yunnan Xiyi Industrial 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 Yunnan Xiyi Industrial. 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 50.1
M, whereas
Selling General Administrative is forecasted to decline to about 53.6
M.
Yunnan Xiyi fundamental ratios Correlations
Click cells to compare fundamentals
Yunnan Xiyi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yunnan Xiyi fundamental ratios Accounts
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Other Information on Investing in Yunnan Stock
Balance Sheet is a snapshot of the
financial position of Yunnan Xiyi Industrial at a specified time, usually calculated after every quarter, six months, or one year. Yunnan Xiyi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yunnan Xiyi 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 Yunnan currently owns. An asset can also be divided into two categories, current and non-current.