002461 Stock | | | 8.89 0.08 0.91% |
Guangzhou Zhujiang financial indicator trend analysis is much more than just examining Guangzhou Zhujiang latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou Zhujiang is a good investment. Please check the relationship between Guangzhou Zhujiang Total Operating Expenses and its Total Other Income Expense Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou Zhujiang Brewery. 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.
Total Operating Expenses vs Total Other Income Expense Net
Total Operating Expenses vs Total Other Income Expense Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou Zhujiang Total Operating Expenses account and
Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Guangzhou Zhujiang's Total Operating Expenses and Total Other Income Expense Net is -0.4. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Guangzhou Zhujiang Brewery, assuming nothing else is changed. The correlation between historical values of Guangzhou Zhujiang's Total Operating Expenses and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Guangzhou Zhujiang Brewery are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Total Operating Expenses i.e., Guangzhou Zhujiang's Total Operating Expenses and Total Other Income Expense Net go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Total Other Income Expense Net
Most indicators from Guangzhou Zhujiang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou Zhujiang 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 Guangzhou Zhujiang Brewery. 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.
As of November 27, 2024,
Selling General Administrative is expected to decline to about 303.2
M. In addition to that,
Tax Provision is expected to decline to about 92.6
MGuangzhou Zhujiang fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou Zhujiang Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou Zhujiang fundamental ratios Accounts
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Other Information on Investing in Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou Zhujiang at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou Zhujiang Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou Zhujiang 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.