002265 Stock | | | 11.39 0.44 4.02% |
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 Non Current Assets Total and its Total Assets 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.
Non Current Assets Total vs Total Assets
Non Current Assets Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yunnan Xiyi Industrial Non Current Assets Total account and
Total Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Yunnan Xiyi's Non Current Assets Total and Total Assets is 0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Assets 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 Non Current Assets Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Yunnan Xiyi Industrial are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Current Assets Total i.e., Yunnan Xiyi's Non Current Assets Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Total Assets
Total assets refers to the total amount of Yunnan Xiyi assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Yunnan Xiyi Industrial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.